BenefitPoint will continue to extend its leadership position in the employee benefits marketplace by enhancing application functionality and growing the base of customers utilizing its CRM, procurement and revenue tracking and management products. Industry leaders including Marsh, Inc., Mercer Human Resource Consulting, Gallagher Benefit Services, Inc., Kaiser Permanente, Health Net, Inc., UnumProvident, Cole Managed Vision and Systemed / Medco Health Solutions, continue to demonstrate their dedication to the BenefitPoint platform for the value it brings to their organizations.

"BenefitPoint's growing traction within the employee benefits marketplace demonstrates the strong and increasing value of BenefitPoint's services to the country's leading insurance organizations," said John Moragne, Managing Director and Co-Founder of Trident Capital Partners. "We look forward to helping the management team grow this business to the next level."

"Our new board members, Peter Grua from HLM Venture Partners, and John Moragne from Trident Capital Partners, bring significant strategic, financial and operational expertise in technology, insurance, and healthcare," said John Randazzo, CEO, BenefitPoint. "Their seasoned experience in growing companies within the industry will be an important factor for the continued success of the company."

"We are committed to help build this enterprise system to meet the needs of the employee benefits industry at large," said Peter Grua, Managing Partner, HLM Venture Partners. "From our due diligence, we saw greater than 25% productivity improvement by those regional and national brokers and consultants that have adopted the BenefitPoint system."

About Trident Capital
Trident Capital is a leading venture capital firm with over $1.2 billion of capital under management, including $500 million in its most recent fund, Fund V. Trident has invested in over 100 companies since its inception in 1993. The firm invests in information services and software companies with a focus on business outsourcing, financial services, security, marketing services and infrastructure software markets. Trident is an active investor across multiple stages, with experience in both traditional venture capital growth financing as well as in management buyouts, spin-outs and roll-ups. Past investments in the insurance and health services sector have included CBCA, Chamberlin Edmonds, ClaimIQ, E&C Mecical, Medicode, Montpelier Re, Resolution Health and Ultralink. The firm has offices in Palo Alto, CA; Lake Forest, IL; Los Angeles, CA; and Westport, CT. To learn more about Trident Capital visit www.tridentcap.com.

About HLM Venture Partners
HLM Venture Partners, with $360 million under management, provides venture capital to emerging health care, business services and technology companies. HLM supports entrepreneurs as they turn innovative ideas into market-leading businesses, offering guidance on financial structuring, resource allocation and deployment, strategic planning, strategic introductions, and recruitment. Over the past 10 years, HLM's General Partners have helped more than 30 portfolio companies through initial public offerings, mergers or acquisitions. This investment record includes such leading companies as Healtheon Corporation, The TriZetto Group, Spinal Concepts, Scientific Learning, Exact Laboratories, Aspect Medical Systems, Praecis Pharmaceuticals, Centene Corporation, and Automated Healthcare. For more information, please visit www.hlmventurepartners.com.

About BenefitPoint
BenefitPoint delivers the industry's leading web-based platform for customer relationship management and procurement, making it easier for employee benefits professionals to manage, buy and sell benefits. Brokers, consultants and carriers realize expanded business opportunities, operational efficiencies and a greater ability to deliver quality information and services to employers and employees.

BenefitPoint has achieved widespread industry adoption with over 310 broker and consultant offices accessing the system, loading 40,000 employer clients on the platform, covering 22 million employees and approximately $90 billion in premium. Over 420 carrier organizations use BenefitPoint to access broker and consultant RFP and renewal requests.

The company, headquartered in San Francisco, CA, can be reached at 415.277.5600. Take a tour of the BenefitPoint Product Demo and Contact Us through the corporate website at www.benefitpoint.com.