Benefitfocus Invests In Greenville’s Growing Technology Base With Office Expansion

Cloud-based benefits software provider adds capacity for up to 100 tech jobs in Greenville

Charleston, S.C. – August 25, 2015 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits software solutions, hosted a celebration today to mark the grand opening of its office expansion in Greenville, S.C. The company announced additional capacity for up to 100 new software-related jobs at its upstate office which has now more than doubled in size to 27,000 square feet.

The Greenville office is the latest in a series of expansions by Benefitfocus, which includes the opening of a third building at its Charleston headquarters campus in February 2015.

“This is an exciting milestone in our growth journey,” said Benefitfocus President and COO Ray August. “The health care industry is undergoing massive changes and our customers rely on us to proactively anticipate their benefits technology needs. Our Greenville-based associates represent talented, loyal engineers and technologists. We are proud to call Greenville home,” said Benefitfocus President and COO Ray August.

Founded in 2000 with a single office in Mount Pleasant, Benefitfocus moved to its Daniel Island headquarters in 2006. The company has additional offices in San Francisco and Tulsa. Benefitfocus has served more than 25 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.

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 25 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 https://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 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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