Premier Information Management, Inc. (PINKSHEETS: PIFR) is pleased to announce the pre-jury trial settlement of its lawsuit against Bank of America. Both parties entered into a settlement conference which eventually resulted in a court ordered settlement.

A leading and key part of the settlement was non-disclosure of any details or terms regarding the settlement by either party to the public. As such at this time, neither Premier nor Bank of America can publicly release any information regarding this matter.

"Premier is very glad to conclude this lawsuit sooner than we thought and that leaves us in a position to focus on the business and more aggressively take Premier forward," said CEO Tom Miller.

"Although we cannot be specific about the terms of the settlement, I think it is only fair to note that as with most settlements brought about by mediation, neither party was absolutely satisfied with the result, but Premier can now refocus significant resources to the real business at hand," said David Stothart.

Premier expects to be making additional related news releases over the coming weeks including more on the process of partnering with a market maker which the company understands has been frustrating for investors.

About Premier Information Management, Inc. Premier Information Management, Inc. provides business critical information to the global Insurance and Healthcare industries by integrating fast and efficient database driven electronic content management systems to reduce and manage costly risk. Utilizing proprietary software with specially integrated modules, Premier realizes significant increases in data-in/out-report efficiencies delivering decision-critical reports significantly faster than the industry standard. Utilizing the most secure, flexible, and cost effective means to capture, manage and transmit sensitive information, Premier's EDI solutions are the new standard in the information management industry.

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

The Lanier Law Firm is investigating possible legal claims related to a 401(k) retirement plan for U.S. employees of energy giant BP /quotes/comstock/13*!bp/quotes/nls/bp. The law firm believes there are potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA") by those in charge of BP's retirement plan, which is known as the BP Employee Savings Plan ("ESP").

The Lanier Law Firm has maintained a prominent role in the BP litigation since filing one of the nations' first class-action lawsuits against BP following the April 20 explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico. BP has yet to stop the millions of gallons of crude oil currently spewing into the gulf.

"BP not only disregarded important safety rules, they also took unbelievably unnecessary risks, which is why people are facing one of the worst environmental and financial disasters in history," says attorney Evan Janush of The Lanier Law Firm. "There are laws designed to protect employees from the precise, devastating scenario facing a lot of workers at BP."

At the end of 2009, BP's U.S. Employee Savings Plan had more than $2 billion invested in BP stock. Since the explosion and eruption of oil, BP's stock price has fallen by approximately half, accounting for more than $100 billion in lost stock value. The retirement plans for many company employees are tied to the stock, costing them what is believed to be hundreds of millions of dollars.

The Lanier Law Firm founder Mark Lanier, who recently was named by The National Law Journal as one of the most influential attorneys in the nation during the past decade, says the people responsible for BP's 401(k) plan knew or should have known about the company's inability to provide a safe work environment on the Deepwater Horizon, as well as its inability to contain the massive release of oil -- two factors that have contributed heavily to the downturn in BP's stock price.

The law firm has identified several potential legal claims for participants in the BP Employee Savings Plan whose accounts included units from the BP stock fund. Learn more at www.lanierlawfirm.com.

About The Lanier Law Firm

With offices in Los Angeles, Palo Alto, Houston and New York, The Lanier Law Firm is committed to addressing client concerns with effective and innovative solutions in courtrooms across the country. The firm is composed of outstanding trial attorneys with decades of experience handling cases involving oil & gas law, maritime law and ERISA litigation.

Medmal story

Emma Mejias died a horrible and painful death, on her very first Christmas Eve in 2004, at the hands of 25 doctors and nurses, another victim of medical malpractice. All 25 of them systematically and willfully ordered and administered the wrong drugs for her life-threatening condition called SLOS (Smith Lemli Opitz Syndrome). SLOS is a congenital abnormality, which requires treatment strategies on supplying supplemental cholesterol. Emma was given the Wrong Drug, Questran, not once, but 92 times – yes, 92 times in one month. All of the doctors and nurses knew better. They were trained to know better. They were some of the world’s leading authorities at the LSU Health Sciences Center in New Orleans. And her doctors had the unmitigated gall to blame Emma’s death on the new resident doctors, rather than take responsibility themselves. Emma remained hospitalized at various hospitals from the date she was born to the day she died, because of the outrageous medical malpractice perpetrated on her by 25 so-called health care professionals, none of whom cared enough to give her the potentially life-saving medical treatment she desperately needed. She suffered enormous physical pain and suffering prior to her death. Today, for the very first time ever on TV, The Insider Exclusive will visit with both Jason and Adrienne Mejais and their lawyer John Hammons, Partner at Nelson & Hammons, who for 30 years has been standing up for people like Emma, a little innocent baby, who never had the chance to stand up for herself.