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Jul 2, 2018

Benefitfocus Expands Salt Lake City Operations, Moves to New Office Space

Company to more than double current staff to meet growing regional customer needs

CHARLESTON, S.C., July 2, 2018 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, is relocating to a new office in Salt Lake City, UT. After establishing its presence in the city last year, the company is moving into a larger office space to support their expanding operations in the region.

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

Opened on July 2, the new Benefitfocus office is located at the Industrious Coworking Office Space Salt Lake City (10 West Broadway, Suite 700, Salt Lake City, UT 84101). The company plans to more than double the number of customer success team members – responsible for advising customers on benefits open enrollment planning and new product features.

"Salt Lake City has proven to be the right fit for our Western presence, not only because of its central location, but because of the strong local talent pool," said Benefitfocus President and CEO Ray August. "Our Associates are truly the lifeblood of our company as they directly advise our customers, so we're excited to have the space to accommodate more of them as our customer base grows."

Expanding the geographical scope of its satellite locations allows Benefitfocus 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