HIMC Signs Contract with PilotHSA

TACOMA, Wash., Apr 18, 2006 (BUSINESS WIRE) -- HIMC Corporation (OTC:HMCO) under its wholly-owned subsidiary, ITI Internet Services, Inc. http://www.itinternet.net/ and its operating partner Western Clearing Corp, LLC, http://www.westernach.com/ announces the signing of a contract with PilotHSA Systems, Inc. http://www.pilothsa.com/ an innovative leader in the Healthcare Savings Account industry created by the Medicare Prescription Drug improvement and modernization Act of 2003.

PilotHSA, founded in 2004, administers the health savings accounts and investment plans through banking, brokerages and insurance company networks throughout the US. Company President Bill Hiller stated that "PilotHSA is happy to provide a comprehensive efficient way to fund the required skyrocketing healthcare costs expeditiously with this new tax advantaged vehicle." Utilizing the payment platform, participants will be able to save for health problems without straining their budgets and be able to account for every penny of their invested dollars. PilotHSA is active now in all 50 states and intends to be a major factor in the business for years to come.

HIMC and Western Clearing offer a full range of transaction services from credit and debit card processing through the internet, ACH check conversion, recurring payments, returned check collection and bank drafting to check 21 applications. Jerry Cornwell, CEO of HIMC, is enthused about the opportunity to serve this exciting new industry and sees a bright future as more and more Americans see the benefits of tax advantaged planning for health care contingencies. HIMC continues to seek new ways to provide efficient transaction solutions to the business community.

Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved.

SOURCE: HIMC

CONTACT: HIMC Corporation
Jerry Cornwell, 253-284-0320
tcktsllc@verizon.net
or
Western Clearing Corp, LLC
Mitch Wiggins, 253-255-6530
mitch@westernach.com
or
PilotHSA Systems, Inc.
Bill Hiller, 770-330-5734
hillh@pilothsa.com