Premier Information Management and AccuQuote Enter Agreement; PIM to Provide Information Services to Leading Online Life Insurance Broker

Under Authorization Agreement Premier to Provide AccuQuote Ongoing Procurement and Data Migration Services for Life Insurance Applications

Premier Information Management, (OTC: PIFR) an emerging provider of information management services to the Insurance and Healthcare industries, announced today that they have entered into an authorization agreement to provide AccuQuote, a leading online life insurance quoting and brokerage firm, ongoing information procurement and data migration services for the purposes of underwriting applications for life insurance. The authorization agreement specifically allows Premier to obtain personal health information as governed by the Health Insurance Portability and Accountability Act of 1996 (HIPAA), and other applicable state laws and regulations.

"We are excited about our partnership with AccuQuote," said Tom Miller CEO of Premier. "Their streamlined, consumer-centric approach is really helping to eliminate the complexities associated with selecting suitable life insurance coverage. We look forward to providing their company the highest quality information management and migration services available today."

Under this agreement, Premier will secure sensitive health information from medical providers as authorized from proposed insurers or their legal representatives, then utilize their proprietary PiImageX(TM), an application based process within their PiSuite(TM), to electronically and simultaneously transmit the information to both AccuQuote and designated insurance carriers. The rules-based application was deployed specifically to reduce costs associated with underwriting and claim processes by reducing turnaround times associated with underwriting applications and processing claims by as much as 40%, and redefining the way mission critical information is being assimilated and processed in the insurance and healthcare industries. Premier's unique PiImageX(TM) process is a proprietary process incorporating a rules-based application with efficient workflow solutions creating an "assembly line" information processing system for customized file conversions, index file scripting, encryption methodologies, and simultaneous transmissions across various protocols to multiple end users. PiImageX(TM) is unique to the industry in its capability to transmit information in a number of formats, index, compression and encryption methodologies, across a variety of protocols to multiple end users off only one production run.

About AccuQuote

AccuQuote helps consumers find the best values in life insurance by combining instant online quotes with the personal service of unbiased life insurance professionals that can help answer questions, identify important issues, and make meaningful recommendations. Established in 1986, AccuQuote consistently delivers the best values to consumers by comparing hundreds of products from their extensive database of top-rated life insurance companies. The company's customer service representatives, who average over a decade of industry experience, go beyond simple price comparisons to give consumers the information and advice they need to make a well-informed choice. AccuQuote customers are able to eliminate the complexity of selecting the right coverage to meet their individual needs, making the process of buying a policy as easy as possible. The company offers consumers an extensive selection of life insurance options, including term, whole, and universal as well as selected annuities. For additional information or to receive a quote, please call 1-800-442-9899 or visit www.accuquote.com.

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 two heavily information intensive industries, insurance and healthcare, with plans to extend their strategies into the Financial Services and other industries where there is a demand for information processing. 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. Premier leverages its proprietary suite of applications, PiSuite(TM), built around its PiImageX(TM) solution to deliver cutting edge EDI technology and uncompromising service to reduce underwriting processing times and case costs by seamlessly migrating mission critical information into end users' systems. Their streamlined approach produces information request turnaround times previously uncharted in the industry, significantly influencing their clients' bottom line.

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

Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.

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