SOURCE: Premier Information Management, Inc.

June 23, 2006 09:00 ET

Premier Upgrades HIPAA Compliant PiSuite™ Software to XML

PHOENIX, AZ -- (MARKET WIRE) -- June 23, 2006 -- Premier Information Management, Inc. (PINKSHEETS: PIFR) announced today the completion of its XML (Extensible Markup Language) upgrade project to its proprietary PiSuite™ software. This significant technical improvement provides a multitude of benefits to Premier clients.

The new structure of Premier's interface technology will support faster, hassle-free integration times with client systems, reduce client cost and time taken to retrieve medical data and provide 24/7 order status on all client requests.

As with all Premier technology, this latest version fully complies with HIPAA guidelines.

Premier Chief Technology Officer John Przygoda said, "We are very pleased with the results of this upgrade as it provides our technical services staff with a more flexible, efficient way to connect with client systems. It also means we can accelerate development of new functionality and service enhancements for our clients."

"Business process outsourcing is now a multibillion dollar market and this key improvement to our technology is part of a two-year strategy to strengthen and expand our growth in this valuable sector," said Premier Chief Executive Officer Tom Miller. "Our new technology better supports the addition of new services, so our next step is to hire the staff that will extend our capabilities and partner that with a more aggressive sales and marketing effort."

About Premier Information Management, Inc.

Premier Information Management, Inc., located in Phoenix, AZ, is a national provider of outsourced processing services currently focusing its business strategies in insurance and healthcare. Specifically, Premier implements process solutions to efficiently procure and manage information necessary for Insurance Carriers, Brokers, and Agents to evaluate risk associated with underwriting and claim requirements.

For more information, including company news and investor relations information, visit the company's website at:

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words or phrases such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this press release contain forward-looking statements. Statements that are not historical facts, including statements about Premier's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Premier does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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