Benefitfocus to Present at the 22nd Annual Piper Jaffray Healthcare Conference


CHARLESTON, S.C., Nov. 18, 2010 - Benefitfocus today announced that it will participate in the 22nd Annual Piper Jaffray Healthcare Conference held in New York, N.Y. from Nov. 30 - Dec. 1. Piper Jaffray is a U.S. investment banking firm based in Minneapolis, Minn. The goal of the conference is to bring together key industry executives, investors and Piper Jaffray professionals to provide multiple perspectives, investigate critical trends and identify leaders in the markets that are driving our economy.

Shawn Jenkins, Benefitfocus President and CEO, will present a company overview and a corporate update on the company's technology and product strategies. He will also discuss how the Benefitfocus Platform is helping reshape healthcare for employers, insurance carriers and consumers in light of healthcare reform and industry pressures to reduce costs.

Who: Shawn Jenkins, President and CEO of Benefitfocus
What: Benefitfocus Company Overview and Corporate Update
When: Wednesday, Dec. 1, 2010, 9:50 a.m. ET
Where: The New York Palace Hotel, 455 Madison Avenue, New York, N.Y. 10022

For more information on the Piper Jaffray Healthcare Conference visit: www.piperjaffray.com/.

Benefitfocus is the industry leader in healthcare and benefits technology. Benefitfocus provides employers, carriers and consumers a single Web-based platform for benefit shopping, enrollment, management and industry standard data exchange. The Benefitfocus Platform can also be used as a multi-carrier marketplace, sponsored by one or more states, brokers or insurance carriers. Currently more than 329,000 employers, 11 million members, 59,000 agents and 2,900 carrier representatives use the Platform.

About Piper Jaffray

Piper Jaffray Companies is a leading, international investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, Piper Jaffray provides a broad set of products and services, including equity and debt capital markets products; public finance services; financial advisory services; equity and fixed-income institutional brokerage; equity research and fixed income analytics; and asset management services. Piper Jaffray headquarters are located in Minneapolis, Minnesota, with offices across the U.S. and in London and Hong Kong. Piper Jaffray & Co. is the firm's principal operating subsidiary. www.piperjaffray.com

About Benefitfocus

Benefitfocus is the largest healthcare and voluntary benefits software provider in the U.S. with 11,151,435consumers, 329,017 employers, 57,718 brokers and 3,020 carrier representatives live on the Benefitfocus Platform. Benefitfocus offers a single Web-based platform for benefit shopping, enrollment, management and industry-standard data exchange. Benefitfocus - All Your Benefits. One Place. www.benefitfocus.com

Mercedes Carrasco

Benefitfocus.com, Inc.

1-781-684-0770

pr@benefitfocus.com

SOURCE Benefitfocus

Web Site: www.benefitfocus.com

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