Benefitfocus Supports Next Generation of Computing Talent

Benefitfocus Annual Scholarship supports Clemson University’s next generation of computer scientists, engineers and software developers

Charleston, S.C. – June 7, 2016 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits management software, today announced its continued $50,000 commitment to Clemson University. Since 2012, the Benefitfocus Annual Scholarships support students in the College of Engineering, Computing and Applied Sciences, specifically those majoring in Computer Science, Computer Information Systems and Computer Engineering.

“We’re privileged to have strong and vibrant STEM educational institutions such as Clemson in our area and honored to support their continued growth,” said Benefitfocus President and COO Ray August. “A number of Clemson graduates call Benefitfocus home, and we’re pleased that their contributions support our growth and innovation as the company continues to lead a transformation in health and voluntary benefits.”

Benefitfocus celebrates 2015-2016 academic year recipients: Tyler Kennedy, Allyson Rosado and Robert Underwood.

Tyler Kennedy is a sophomore at Clemson University from Gastonia, N.C. He is pursuing a degree in Computer Engineering with a possible minor in Math. Tyler is a member of Tiger Band, the eSports Club and the Calhoun Honors College. He plans to start a co-op rotation with Michelin in the fall of 2016, and after graduation he hopes to pursue a career in computer engineering. He would like to share his gratitude with Benefitfocus for providing this scholarship, noting, “As an out-of-state student, this scholarship really helps offset the high costs of tuition.”

Allyson Rosado is a junior at Clemson University from Mount Pleasant, S.C. She is pursuing a degree in Computer Engineering with a minor in Mathematical Sciences. Allyson serves as a resident assistant and is a member of the Catholic Student Association. After graduation, Allyson plans to work in the industry as a computer engineer.

Robert Underwood is a senior at Clemson University from Lexington, S.C. He is pursuing a degree in Computer Science. Robert serves as the vice president for Clemson’s chapter of the Association of Computing Machinery, the vice president for student organization Ratio Christi and is a member of the CU Cyber team. After graduating, he plans to pursue a Ph.D. in Computer Science so he can teach computer science at the university level.

“Through this annual scholarship program at Clemson, Benefitfocus is supporting future talent in the computing and technology industries that continue to shape our society,” said Anand Gramopadhye, Dean of the College of Engineering and Science. “The impact of Benefitfocus' generosity is seen most clearly through our exceptional students, who have the potential to become the next generation of leaders in business and industry in our state, our nation and beyond.”

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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