Premier Information Management, Inc. Signs Contracts for $2M
March 26 2010 - 8:07AM
Marketwired
Premier Information Management, Inc. (PINKSHEETS: PIFR) is pleased
to announce that it has entered into contracts worth at least $2M a
year.
These new contracts make Premier a preferred vendor for several
popular underwriters. Typical for this industry, the new clients
cannot be named but investors will see the result of these
contracts in the quarterly financials throughout the rest of the
year.
"It will take us a few months to reach full speed with each new
client but the result will be significant and profitable growth for
2010 and onwards," said CEO Tom Miller.
Premier is currently bidding on several similar contracts and
will regularly announce any significant new business as it arises.
As a specialist in data for Life Underwriting, Premier will be
largely unaffected by current medical healthcare reform
legislation.
About Premier Premier Information Management, Inc. provides
business critical information to the global Insurance and
Healthcare industries by integrating fast and efficient database
driven electronic content management systems to reduce and manage
costly risk. Utilizing proprietary software with specially
integrated modules, Premier realizes significant increases in
data-in/out-report efficiencies delivering decision-critical
reports significantly faster than the industry standard. Utilizing
the most secure, flexible, and cost effective means to capture,
manage and transmit sensitive information, Premier's EDI solutions
are the new standard in the information management industry.
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.
For more information contact: David Stothart
ir@premierinfoinc.com
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