[Claimsnet.com logo]


                                                                    Exhibit 99.1

For more information, please contact:

Paul Miller
Claimsnet.com
(972) 458-1701
pwmiller@claimsnet.com

                             FOR IMMEDIATE RELEASE:

       Claimsnet.com Announces the Simultaneous Sale of Select Assets and
      Execution of an Affiliate and Partner Services and License Agreement


DALLAS, TX - September 17, 2002 - Claimsnet.com inc., a leading provider of
internet based software solutions for the health care industry, today announced
the execution of two related agreements. One agreement involves the sale of
certain Claimsnet.com assets. The other agreement provides the acquirer with a
limited license to Claimsnet's proprietary software and sets forth a number of
related services the parties agree to provide to each other.

         "This divestiture of our legacy provider based business in exchange for
cash and the services and license agreement marks a major milestone in the
reorganization of our business model. The sale will provide cash to continue our
amended marketing strategy, which calls for focusing on larger volume processors
of claims such as payers, re-pricing organizations, and nationwide healthcare
companies," stated Paul W. Miller, the Chief Executive Officer of Claimsnet.
"The ongoing license and services agreement allows the customers to continue to
use the same system that they are using today and will also provide a recurring
base of replacement revenue to Claimsnet. Our role will change from being a full
service clearinghouse for each of these customers individually to that of a
technology and services supplier to the acquirer. Additionally, we believe that
this transaction establishes a win-win situation that leverages the core
competencies of the parties and paves the way for an expansion of the business."

         The company announced that the financial effect of the transactions
will include a significant reduction in the historical revenue base, but the
simplified business model will also allow a significant reduction in expenses.
The company is deploying a payer-based version of their system, which is being
marketed to a number of the large insurers and related organizations. Mr. Miller
added, "Claimsnet will require additional financing as we ramp up our marketing
efforts into the payer market. We believe that these changes will make us more
attractive to potential investors."


Safe Harbor Statement Under the Private Securities Litigation Act 1995 -- With
the exception of historical information, the matters discussed in this press
release are forward looking statements that involve a number of risks and
uncertainties. The actual future results of the company could differ
significantly from those statements. Factors that could cause or contribute to
such differences include, but are not limited to, maintaining access to external
sources of capital, the conveyance of divested assets without a significant loss
of users, regulatory actions, success of revised marketing strategies, actions
of the Company's competitors, suppliers and distribution channels, employee
retention, and continued use of the Internet. Further information on the
Company's risk factors is contained in the Company's quarterly, annual, and
other periodic reports as filed with the Securities and Exchange Commission.

Claimsnet.com is a leading provider of Internet-based, business-to-business
solutions for the healthcare industry, including distinctive, advanced ASP
technology for online healthcare transaction processing. Headquartered in
Dallas, Texas, Claimsnet.com offers proprietary systems that are distinguished
by ease of use, customer care, security and measurable cost advantages.
Claimsnet.com trades on the OTC Bulletin Board under the symbol "CLAI.OB" and on
the Boston Stock Exchange under the symbol "CLAI". More information on
Claimsnet.com can be found at the Company's web site at www.claimsnet.com.

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