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Transax International Limited TNSX , a network solutions company for healthcare providers and health
insurance companies, today reported record financial results for the fiscal
year ending December 31, 2005.



For the year ending December 31, 2005, Transax generated net revenues of
$3,380,150 compared to $1,199,900 in net revenues during fiscal year ended
December 31, 2004. The significant increase in revenues of 182% is due to
the widespread success of the Company's network solutions and the continued
rollout of new software contracts. The increase in revenue was reflected
by a substantial increase in "real-time" transactions, to 6.5 million in
2005, a 132% increase from 2.8 million in 2004.





Loss from operations in 2005 was $163,384 compared with $1,126,163 during
2004. Net loss in 2005 was $714,722, or ($0.02) per share, compared with a
net loss in 2004 of $1,792,255, or ($0.10) a share.



For the year ending December 31, 2005, the Company incurred $3,543,534 in
operating expenses compared to $2,326,063 in operating expenses during
fiscal year ended December 31, 2004. The increase was a result of higher
product costs to support the Company's rollout of new service contracts.
Detailed financial statements are presented in the Company's Form 10-KSB
filed with the Securities and Exchange Commission.



Stephen Walters, President & CEO of Transax stated, "During the year we
made significant strides in our business strategy. We executed on every
level -- increasing revenues dramatically while slashing our operating loss
to near break-even levels. As of year end, we have installed 5,350
solutions, up from 3,500 at the end of 2004 -- representing an increase of
more than 52%. In addition, we have benefited more recently from higher
transaction fees; this increase will also be reflected with the rollout of
recently announced projects throughout 2006." Mr. Walters continued, "We
begin 2006 with strong momentum throughout Brazil, and are beginning to
respond to inquiries in additional markets, including the U.S."



About Transax International Limited



Transax International is an emerging network solutions provider for the
healthcare sector. Utilizing its proprietary MedLink(TM) technology,
Transax provides a service similar to a credit card processing for the
health insurance and providers industries. A Transax transaction consists
of: approving eligibility, authorization, auto-adjudication of the health
claim and generating the claim payable files -- provided instantaneously in
"real time" -- regardless of method of claim generation.



Transax's solutions have been proven to significantly decrease health
insurance claim expenditures and healthcare provider costs. Based in Miami,
Fl, 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 in Brazil for up to 2,500,000 transactions per month and
currently undertakes approximately 600,000 transactions per month, for
which Transax receives approximately $0.55 cents per transaction.



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."



Contact:
David Sasso
Vice President -- Investor Relations & Corporate Communications
305.629.3090
Email Contact
http://www.transax.com

John Tsemberides
ROI Group Associates, Inc.
212-495-0743
Email Contact
http://www.roiny.com