2014

Benefitfocus Recognized with Trailblazer Award Benefits software provider recognized for exceptional products by Charleston Metro Chamber of Commerce

Charleston, S.C., September 27, 2013 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits software solutions, has received the Trailblazer Award from the Charleston Metro Chamber of Commerce. The award recognizes an organization that has created a cutting-edge product or service and one that has impacted multiple user groups and revolutionized activities in the Charleston region. This acknowledges the innovation that Benefitfocus is bringing to the market to simplify health insurance and benefits management for employers, insurance carriers and consumers.

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"Benefitfocus has grown from a small startup to a publicly traded company, and its commitment to innovation is critical to how we continue to attract talent and grow our region," stated Bryan Derreberry, President and CEO, Charleston Metro Chamber of Commerce. "Personally, I am very proud to present Benefitfocus with the Trailblazer Award as the company is an integral part of the Charleston region."

At the core of Benefitfocus is creative design coupled with dynamic engineering talent. Both drive the company to deliver leading benefits solutions for the more than 20 million consumers using the BENEFITFOCUS® Platform to manage their benefits. Shawn Jenkins, President and CEO of Benefitfocus, accepted the award on behalf of the company on September 26 at the Riviera Theatre in Charleston, South Carolina.

"It's an honor to accept the Trailblazer Award," said Jenkins. "The Charleston region has proven to be a great foundation for building our leading engineering and creative teams. The accelerated pace of change in the health insurance and benefits industry presents our associates with an amazing opportunity to showcase their skills. This recognition is a reflection of how our associates have taken advantage of this opportunity and continue to work together to accomplish great things."

The Charleston-based company attracts skilled software engineers who have an affinity for evolving technology to address the constant change and increasing complexity inherent to the health insurance and benefits market. The collaborative and dynamic work environment at Benefitfocus contributes to the unique corporate culture which is shared by associates in the book, Benefitfocus: Winning with Culture. The Trailblazer Award was accepted on behalf of all the Benefitfocus associates working to transform the benefits industry.

About Benefitfocus
Benefitfocus, Inc. (NASDAQ: BNFT) is a leading provider of cloud-based benefits software solutions for consumers, employers, insurance carriers and brokers. Benefitfocus has served more than 20 million consumers on its platform, that consists of an integrated portfolio of products and services enabling clients to more efficiently shop, enroll, manage and exchange benefits information. With a user-friendly interface and consumer-centric design, the Benefitfocus Platform provides one place for consumers to access all their benefits. Benefitfocus solutions support the administration of all types of benefits including core medical, dental and other voluntary benefits plans as well as wellness programs. For more information, visit www.benefitfocus.com.

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the lack of a long-term public market for Benefitfocus' stock and potential volatility; reliance on key personnel; competition, privacy, security and other risks associated with our business; and the other risk factors set forth from time to time in our Form S-1 and other SEC filings, copies of which are available free of charge within the Investor Relations section of the Benefitfocus website at http://investor.benefitfocus.com/sec.cfm or upon request from our investor relations department. Benefitfocus assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Benefitfocus, Inc.
843-284-1052 ext. 6907
pr@benefitfocus.com

SOURCE Benefitfocus



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