PCIS Precis

Precis, Inc. Resolves Private Label Lawsuit GRAND PRAIRIE, Texas, June 30 /PRNewswire-FirstCall/ -- The Capella Group, Inc., a subsidiary of Precis, Inc. (NASDAQ:PCIS) that does business as "Care Entree" has reached a settlement agreement in its dispute with Equal Access Health, Inc. The terms of the settlement are confidential, but do not involve the payment of any amount of money by either party to the other. Equal Access Health no longer sells the Care Entree product, but Care Entree has agreed to continue to provide services for members previously sold by Equal Access Health for a run-off period. As part of the settlement, Equal Access Health issued a promissory note to Care Entree for amounts that it currently owes and for amounts that it will be obligated to pay Care Entree for certain future services. The settlement agreement allows Equal Access Health to sell products competitive to those of Care Entree. "We never believed that Care Entree had violated its agreement with Equal Access Health and we are satisfied with the efficient result in this case. We remain committed to providing consumers a valuable service, delivered in an honest, straightforward manner. As many Americans face a healthcare crisis, services like Care Entree will be there to provide relief." Equal Access Health had filed the lawsuit earlier this year, alleging, among other things, that Care Entree had breached its agreement to provide discount medical savings programs for resale. About Precis Inc. Precis Inc. and its subsidiaries market non-insurance health care savings programs, administer tax-favored reimbursement accounts, provide third party administration services to self funded employer groups and offer a broad range of financial solutions such as health and life insurance to individuals and businesses. For more information on Precis, its subsidiaries Care 125, Care Financial, LLC, and Access Administrators visit http://www.precis-pcis.com/, http://www.care125.com/, and http://www.care-financial.com/, http://www.ahs-access.com/ respectively. Contact: Eliseo Ruiz III General Counsel Precis, Inc. 972-343-6500 Joe Diaz The RCG Group 480-675-0400 Annemarie Marek Marek & Company 469-235-2166 DATASOURCE: Precis, Inc. CONTACT: Eliseo Ruiz III, General Counsel of Precis, Inc., +1-972-343-6500; or Joe Diaz of The RCG Group, +1-480-675-0400; or Annemarie Marek of Marek & Company, +1-469-235-2166, for Precis, Inc. Web site: http://www.precis-pcis.com/ http://www.care125.com/ http://www.care-financial.com/ http://www.ahs-access.com/

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