Transax International to Be Featured on CNN

Transax International to Be Featured on CNN

MIAMI, Aug. 3 /PRNewswire-FirstCall/ -- Transax International Limited ("Transax") (BULLETIN BOARD: TNSX) announced today that the company and a demonstration of its "real time-on line" solution for auto-adjudication of healthcare claims will be featured soon on CNN's Lou Dobbs Show for a "Business Odyssey/Business & Beyond" segment produced by Platinum Television Group, a leading television production company specializing in educational programming.

Scripting of the feature has begun and filming is scheduled during August 2005. The television segment will demonstrate the company's solution in a live setting and include endorsements from major health insurance companies. It will air as part of its "Business Odyssey/Business & Beyond" series during the fourth quarter of 2005.

Stephen Walters, President & CEO, stated, "Transax's proprietary auto-adjudication of healthcare claims is poised to change the way healthcare claims are handled in the United States, providing significant cost savings in patient claim analyses, call center costs and elimination of fraud. We are excited to present Transax solutions to the U.S. marketplace on television, detailing the many benefits of our processing to such a wide audience."

Walters continued, "We are also working on a number of important initiatives that are expected to be highlighted during the show. In addition to a Dental Pilot being specifically developed for the USA market, our technical team is working with a major consulting group to ensure that Transax solutions are HIPPA (Health Insurance Portability and Accountability Act of 1996) compliant, enabling "real time" and "on line" eligibility, authorization and auto-adjudication of medical claims. As we continue to advance our solutions, Transax will be seeking payers and medical providers to participate in a pilot project in the U.S. during 2006."

About Platinum Television Group: Based in South Florida, Platinum Television Group produces and airs on national and international cable networks, and regional broadcast stations and cable channels, such half-hour shows as Great Taste, New Home Journal, Competitive Edge, Today's Family, Senior Lifestyles, Eye on Technology, Business & Beyond, Health Forum and more.

About Transax International Limited

Transax provides network solutions to healthcare providers and health insurance companies. Utilizing its proprietary technology, Transax provides a service similar to a credit card processing for the health insurance industry. A Transax transaction consists of approving eligibility, authorization, auto-adjudication of the health claim and generating the claim payable files all instantaneously in "real time" -- regardless of method of claim generation. Transax's "on line" solution has been proven to significantly decrease health insurance claim expenditure. Based in Miami, Transax maintains a major operations office in Rio de Janeiro, Brazil with approximately 30 staff. The Company has contracts in place with major health insurers for up to 2,500,000 transactions per month and currently undertakes approximately 600,000 transactions per month. Transax receives about US50 cents per transaction.

Web Site : www.transax.com Email : info@transax.com

Investor Relations Inquiries
OTC Financial Network
300 Chestnut St, Suite 200
Needham, MA 02492 USA
Tel: 561-837-8057
Jamie Dryer
Email : jamie@otcfn.com

SAFE HARBOR STATEMENT "THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN."

Source: Transax International Limited

CONTACT: Investor Relations Inquiries - Jamie Dryer, OTC Financial
Network, +1-561-837-8057, jamie@otcfn.com; or info@transax.com

Web site: http://www.transax.com/

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