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Transax International Favorably Profiled in OTC Financial Network Report

Posted on: Thursday, 25 August 2005, 12:00 CDT

MIAMI, Aug. 25 /PRNewswire-FirstCall/ -- Transax International Limited (BULLETIN BOARD: TNSX) , a transaction solutions company, announced today that OTC Financial Network, a division of National Financial Communications Corp., has issued an InvestorFacts report on the Company.

The report includes a profile of the Company's proprietary solutions, future growth strategies and investment considerations. Interested parties can view the report online at http://www.otcfn.com/tnsx/report.html or call 781- 444-6100 ext. 613 for reprints.

Geoffrey Eiten, president of National Financial Communications Corp., said, "As healthcare costs continue to soar worldwide, providers and insurers are increasingly seeking cost saving solutions in response to consumer demand. Transax owns proprietary solutions that substantially increase operating efficiencies in the healthcare sector while lowering costs for providers and insurers."

Eiten continued, "Transax's flagship MedLink is a 'Total Connectivity' solution that links insurers and providers seamlessly, allowing healthcare providers to easily capture, route, authorize and adjudicate medical, hospital and dental claims, providing a universal, virtual link between the providers and insurers. Transax's proprietary MedLink solutions are tailored to individual providers' environments based on existing technological resources, installation requirements and claims volume."

About OTC Financial Network

Since 1992, OTC Financial Network has provided consulting services and customized, proactive investor relations campaigns to more than 500 small/micro-cap public companies. OTC Financial Network designs and implements results-driven direct mail, electronic marketing, shareholder communications and other programs to increase market awareness on behalf of its clients. A partnership with OTC Financial Network can improve a company's shareholder communications channel, facilitate capital formation opportunities, create an expanding and diversified base of institutional and retail shareholders, and garner financial media coverage. OTC Financial Network is a division of National Financial Communications Corp. based in Needham, MA. For more information visit http://www.otcfn.com/ and http://www.nationalfc.com/.

The OTC InvestorFacts Report is a publication of OTC Financial Network, a division of National Financial Communications Corporation. OTC Financial Network serves as special advisor to the featured Company and has received fees for services including 200,000 shares of TNSX common stock and a monthly fee of $5,000. Full disclaimer information can be found at: http://www.otcfn.com/tnsx.

About Transax International Limited

Transax International Ltd. 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 solutions have 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 35 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 US50cents per transaction.

Web Site : http://www.transax.com/ or http://www.otcfn.com/tnsx 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."

Disclaimer: OTC Financial Network, a division of National Financial Communications Corp., is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. OTC Financial Network profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. Information or opinions in this release and the company's profile are presented solely for informative purposes, and are not intended nor should they be construed, as investment advice. Full disclaimer information can be found at: http://www.otcfn.com/tnsx.

Transax International Limited

CONTACT: Investor Relations Inquiries - Jamie Dryer of OTC FinancialNetwork, +1-561-837-8057, jamie@otcfn.com

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


Source: PRNewswire-FirstCall

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