Benefitfocus CEO Interviewed by Wall Street Reporter

Mount Pleasant, S.C. and New York, N.Y. – Aug. 17, 2006 – Shawn A. Jenkins, president and CEO of Benefitfocus.com, Inc. was interviewed today by The Wall Street Reporter, a national financial and business publication. Co-founder of Benefitfocus, the leading provider of consumer directed healthcare software, Jenkins spoke with Ian Roberts, Senior Analyst with the Wall Street Reporter and host of radio show, “In Focus.”

“Our country spends a little over two trillion dollars on healthcare. It’s one of the largest segments of our economy and growing at a rate greater than 15 percent per year,” said Jenkins. “The healthcare industry has a great deal of waste, which requires automation in order to cut costs and prepare for the wave of consumerism that is sweeping over the market. Benefitfocus is in the middle of this change and we’ve got big plans.”

To listen to the full interview, go to www.wallstreetreporter.com. The site does require brief registration (Free). Afterwards, search for Benefitfocus and the site will prompt you for either Windows Media Player or Real Player.

About Benefitfocus: Benefitfocus.com, Inc. (Benefitfocus) is a leading provider of benefits administration software and services, offering employees and employers access to all benefits and human resource information securely over the Internet. Linking this data to payroll vendors and benefit providers, Benefitfocus applications seamlessly exchange data, therefore reducing errors and costs associated with traditional paper-based forms. Benefitfocus applications are designed to make companies more efficient, cost-effective, and more focused on delivering actual benefits instead of spending time on undue paperwork. The company is headquartered in Mount Pleasant, SC (Charleston), and has an established client base of over 8,000 corporate employers in all fifty states.

About The Wall Street Reporter: The Wall Street Reporter is exclusively devoted to the financial business. It was the first website to regularly interview CEOs and other high-ranking corporate officials. Today, it reaches every area of the financial community. Its library has grown to over 22,000 interviews and now extends from five print and online magazines to investor events, roundtables, radio, and television. More than 80,000 portfolio managers, analysts, venture capitalists, and other decision makers (not to mention 3,500 financial editors, reporters, and TV producers) read its publications. The website receives 4.5 million hits per month. The Wall Street Reporter is a premier information source for professional investors seeking successful new investment ideas. Each day the Wall Street Reporter interviews 40-60 CEOs of leading public companies and selected private companies. Its in-depth, unbiased, unscripted interviews deliver a first hand perspective that enables investors to make intelligent and informed investment decisions.