OTCBB ALERTS

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Transax International Limited TNSX), a network solutions company for healthcare providers and health
insurance companies, today reported continued revenue and transaction
growth for the first quarter of 2006.



During the first quarter of 2006, Transax expects to announce it has
processed a record 1.85 million transactions, compared to 1.3 million for
the first quarter of 2005. As a result of continued installations during
the quarter, the company executed a record 700,000 transactions during
March 2006. The Company anticipates recording net revenues of
approximately $1.0 million, compared to net revenues of $640,408 for the
same period in 2005, representing an approximate 55% increase.





The Company currently has 5,500 solutions operational in Brazil. During
the quarter it replaced many legacy solutions amongst our client network,
resulting in 65% of transactions now coming from Point of Sales (POS)
installations. Five medical laboratories were newly integrated with the
Company's solutions this quarter in Brazil. During March 2006 the Company
undertook a record 150,000 real-time medical laboratory transactions on
behalf of its clients.



Stephen Walters, President & CEO of Transax, commented, "During the first
quarter we continued to rollout previously announced contracts which
resulted in a significant increase in transaction volume. We are currently
processing approximately 700,000 transactions per month, up over 50% from
the same period last year. At this rate, we now expect to process over 2
million transactions during the second quarter of 2006." Mr. Walters
continued, "Our net revenues for the quarter were up sharply from last year
as well and we are confident this trend will continue throughout the year."



Additionally, during the quarter, the Company signed a new client for its
MedLink Solution in Brazil and commenced a strategic partnership with
Brazil's largest Medical Practice Management Solution to integrate the
Company's MedLink technology. Both of these initiatives are expected to
become revenue generating during the second half of 2006.



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 700,000 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."



Contacts:
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

Transax International Limited
8th Floor
5201 Blue Lagoon Drive
Miami, FL 33126
USA
Tel: [phone]
Fax: [phone]