<PAGE>
Filed by HealthAxis Inc. pursuant to Rule
425 under the Securities Act of 1933.
Subject Company: Health Axis.com, Inc.
Registration No.: 333-30256
[GRAPHIC OMITTED]
FOR IMMEDIATE RELEASE
Investor and Media Contact:
HealthAxis Inc.
Steven M. Kaplan
610-275-3800
[email protected]
HEALTHAXIS INC. ANNOUNCES APPROVAL OF CONTINUED NASDAQ LISTING
Shares Will Continue to be Listed on NASDAQ National Market System
EAST NORRITON, PA. Jan 16, 2001--HealthAxis Inc. (NASDAQ: HAXS) reports that the
Nasdaq Listings Qualification Panel has determined to continue the Company's
listing on The Nasdaq National Market. The continued listing is subject to the
Company holding its annual meeting and consummating its merger with
HealthAxis.com, Inc. on or before January 29, 2001. In addition, by March 31,
2001 the Company must file its Form 10-K for the year ended December 31, 2000,
which must include a February 28, 2001 balance sheet evidencing net tangible
assets of at least $17,000,000. The Company must also be able to demonstrate
compliance with all requirements for continued listing on The Nasdaq National
Market. The Company believes that it will meet all of these requirements.
The Company currently intends to hold its Annual Meeting of
Shareholders on January 26, 2001. Subject to the receipt of the appropriate
shareholder vote, it is presently anticipated that the merger will close on or
about January 26, 2001.
<PAGE>
HealthAxis Listing Continued
Jan 16, 2001
Page 2 of 2
About HealthAxis
----------------
HealthAxis.com, a subsidiary of HealthAxis Inc., is a leader in Web-enabling
both healthcare payers and the intermediaries through which product is sold and
serviced. The Company's proprietary Insur-Web(TM), Insur-Enroll(R), and
Insur-Admin(TM) product line allows clients to participate in the emerging
digital economy by integrating client legacy systems into the World Wide Web.
HealthAxis customers enjoy reduced costs and enhanced productivity in their core
business operations -- including plan rating, distribution, enrollment, and
member services -- through the integration of the Company's advanced,
XML-enabled product line. Additionally, HealthAxis provides payers with software
and services for claims processing, plan administration, and imaging through the
following products: Insur-Claims(TM), Insur-Dental(TM), Insur-Image(TM), and
Insur-Voice(TM). The Company's customers include leading health insurers, Blue
Cross/Blue Shield organizations, third-party administrators, and Web-based
insurance and benefits marketers. HealthAxis.com is headquartered in suburban
Philadelphia, with significant operations in Dallas, as well as offices in eight
additional locations both domestic and abroad. The Company employs over 350 IT
professionals. You can visit HealthAxis on the Internet at:
http://www.healthaxisasg.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Certain statements made which are not historical facts may be considered
forward-looking statements, including, without limitation, statements as to
trends, management's beliefs, expectations and opinions, which are based upon a
number of assumptions concerning future conditions that ultimately may prove to
be inaccurate. Such forward-looking statements are subject to risks and
uncertainties and may be affected by various factors which may cause actual
results to differ materially from those in the forward-looking statements. For
further information which could cause actual results to differ from the
Company's expectations, as well as other factors which could affect the Company
financial statements, please refer to HealthAxis Inc.'s reports filed with the
Securities and Exchange Commission.
