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Jul 26, 2018

Benefitfocus Moving Tulsa Office into New 18,000 Square Foot Facility

Company to hire more than 100 new staff to drive customer success during benefits open enrollment season

CHARLESTON, S.C., July 26, 2018 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, today announces their Tulsa, Okla. office is moving to accommodate their expanding operations. The company, which is headquartered in Charleston, S.C., has had a presence in Tulsa since 2010 and is moving to a larger space in the Cityplex Towers at 2488 E. 81st St., Suite 1700, occupying the entire 17th floor. Benefitfocus plans to open the office in September, shortly after Labor Day.

Benefitfocus logo (PRNewsFoto/Benefitfocus, Inc.) (PRNewsfoto/Benefitfocus, Inc.)

In conjunction with the office expansion, the company plans to more than double their staff and hire 100 new staff members as part of its growing customer success organization, which guides customers through benefits open enrollment planning and advises consumers on new benefits product features.

"Building on the momentum of our largest and most successful open enrollment season in 2017, we are preparing to deliver even more in 2018 by adding talented associates to support our clients and their employees during this critical season," said Benefitfocus President and CEO, Ray August. "Our clients tell us that our ability to help employees navigate open enrollment is one of the many key attributes of partnering with Benefitfocus. We provide employers the support they need to cover their most important investment: their employees. And while the majority of employees are happy to engage entirely through our intuitive and seamless platform on mobile or online, for a small percentage of the millions of people selecting benefits during this peak season we stand by ready to assist on behalf of our clients."

The Tulsa office expansion follows a new Benefitfocus office opening in Salt Lake City, Utah, as well as New York City, helping Benefitfocus add new staff to strengthen its relationships with carrier, employer and broker partners, and pursue additional organic growth opportunities.

About Benefitfocus
Benefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers' health, wealth and lifestyle. Our powerful cloud-based software, data-driven insights and thoughtfully-designed services, enable employers, insurance brokers and carriers to simplify the complexity of benefits administration and deliver a world-class benefits experience. The Benefitfocus Platform is industry leading in reliability and peak response rate. Learn more at www.benefitfocus.comLinkedIn and Twitter.

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results or performance 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 need to innovate and provide useful products and services; the immature and volatile nature of the market for our products and services and other factors that could impact our anticipated growth our ability to compete effectively; our ability to maintain our culture and recruit and retain qualified personnel; reliance on key personnel; management of growth; changes in government regulations; fluctuations in our financial results; general economic risks; privacy, security and other risks associated with our business; and the other risk factors set forth from time to time in our 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-filings 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.

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SOURCE Benefitfocus, Inc.

Benefitfocus, Inc., 843-284-1052 ext. 3527, pr@benefitfocus.com