Exhibit 99.1

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For more information, please contact:

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

FOR IMMEDIATE RELEASE:

           Claimsnet.com Names Don Crosbie as Chief Executive Officer


DALLAS, TX - October 23, 2002 - Claimsnet.com inc. announced today that Mr. Don
Crosbie has joined the Company in the capacity of President and Chief Executive
Officer. Mr. Paul Miller, who has served as President and Chief Executive
Officer since March of this year and orchestrated the Company's business model
transition and recent sale of certain assets to a strategic partner, will
continue to serve as the Chief Operating Officer and Chief Financial Officer.

Mr. Crosbie was most recently the President and Chief Executive Officer of
XactiMed, a leading provider of Internet-based, revenue cycle software solutions
and outsourcing services to the healthcare industry. Mr. Crosbie previously
served as the Chief Financial Officer and President of North American Operations
for Blue Wave Systems, Inc. prior to its sale to Motorola, Inc. and has also
served as the President, Chief Operating Officer and Chief Financial Officer of
Ypay.Com and as the Chief Executive Officer of Rheumatology Research
International. Mr. Crosbie spent ten years with Intervoice, Inc., joining the
company as the sixth employee and holding the positions of Vice President of
Marketing, Senior Vice President of Marketing and Executive Vice President and
Chief Financial Officer. Mr. Crosbie was the Chairman and Chief Executive
Officer of ComVest Partners, Inc., which he founded after leaving Intervoice,
Inc.

"I am exceedingly pleased that Don has chosen to join Claimsnet and lead our
efforts to improve our working capital and cash flow positions," stated Mr.
Miller. "Don has a dynamic personality, an impressive track record and the
ability to contribute to our team."

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"I am happy to be joining Claimsnet and excited about our opportunities under
the revised business strategy, especially the solutions that we are now bringing
to the payer market," Mr. Crosbie stated.

Claimsnet.com is a leading provider of Internet-based, business-to-business
solutions for the healthcare industry, including distinctive, advanced
technology for online healthcare transaction processing. Headquartered in
Dallas, Texas, Claimsnet.com offers proprietary systems that create virtual
claim submission networks for payers, clearinghouses, healthcare institutions,
and their providers. Claimsnet.com systems are distinguished by ease of use,
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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