Benefitfocus Joins Ultimate Software’s UltiPro® Developer Network

Powerful HRIS and benefits management platforms partner to provide best-in-class system

Charleston, S.C. – January 6, 2016 – Benefitfocus, Inc. (NASDAQ: BNFT), a leader in cloud-based enterprise benefits management software, announced today that they have joined the Ultimate Software UltiPro® Developer Network (UDN). The new partnership gives Benefitfocus and Ultimate Software the ability to integrate their solutions to make it easier for mutual customers to exchange data between UltiPro’s HCM solution and BENEFITFOCUS® Marketplace.

The UltiPro Developer Network allows partners to build an out-of-the-box integration to Ultimate Software’s UltiPro platform and provides them with information, resources and documentation to meet Ultimate Software’s standards and best practices. The UDN program is designed to give customers access to seamless, real-time integrations built in the cloud between UltiPro and an ecosystem of best-in-class partners. To participate in Ultimate Software’s UDN, partners are required to build an integration adhering to Ultimate Software's standards for compliance, architecture, development, privacy and security.

Benefitfocus Marketplace arms employers with a powerful enterprise solution for benefits enrollment, communication, education and administration, creating a better way for companies to engage and motivate employees as they cultivate their workforce for maximum performance. The seamless integration enhances the experience for organizations using Benefitfocus Marketplace and UltiPro to manage the entire employee lifecycle, from recruitment and onboarding to employee compensation, development and retention, through a single point of access. Leveraging these fully integrated solutions can help businesses drive superior cultivation of talent and enhanced business outcomes.

Ultimate Software—a leading cloud provider of integrated payroll, HR, and talent management solutions, founded in 1990 and serving more than 20 million people records in the cloud—delivers the person-centered UltiPro HCM solution, which serves as the master system of record for all of an organization’s people information, employee management and workforce intelligence—from talent acquisition through retirement; including HR, payroll, benefits, time and labor management, performance, compensation and succession management. 

“Human resource executives are challenged more than ever to streamline processes while providing exceptional levels of service to the organization and their employees,” said Benefitfocus CEO Shawn Jenkins. “Integrating Benefitfocus Marketplace with Ultimate’s robust HCM suite allows HR leaders to unlock a new level of functionality and efficiency as they work to attract, retain and mature top talent in an increasingly complex economy.”

About Benefitfocus

Benefitfocus (NASDAQ: BNFT) provides a leading cloud-based benefits management platform that simplifies how organizations and individuals shop for, enroll in, manage and exchange benefits. Every day leading employers, insurance companies and millions of consumers rely on our platform to manage, scale and exchange benefits data seamlessly. In an increasingly complex benefits landscape, we bring order to chaos so our clients and their employees have access to better information, make better decisions and lead better lives. Learn more at www.benefitfocus.com, LinkedIn and Twitter.

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 need to innovate and provide useful products and services; changes in government regulations; the immature and volatile nature of the market for our products and services and other factors that could impact our anticipated growth; management of growth; fluctuations in our financial results; general economic risks; reliance on key personnel; our ability to compete effectively; our ability to maintain our culture and recruit and retain qualified personnel; 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.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.

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