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Evolution1 Participates in HR Technology® Conference & Expo

Industry Leader Showcases Lighthouse1 Mobile

Avon, CT and Minneapolis, MN – October 5, 2011 Evolution1, the nation’s largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, Wellness and Transit Plans, is participating in the HR Technology® Conference & Expo this week at Mandalay Bay in Las Vegas. Now in its 14th year, the HR Technology Conference & Expo is universally acknowledged as the industry’s leading event.

Evolution1 serves more than seven million consumers, 50,000 employers, and 400 administrators, health plans and financial institution Partners. It is the only solution that meets up to 1,200 unique plan designs, provides innovative auto-substantiation technologies, simplifies user experiences, and automates workflow for Partners, employers, and consumers. It does all this on one technology platform comprised of Lighthouse1™, PayDirect®, the Benny® Prepaid Benefits Card, Lighthouse1 OneCard™ and integrated web portals. 

“In the midst of extraordinary change in the healthcare industry, one thing remains constant: our dedication to reducing costs and simplifying the business of healthcare,” said Jeff Young, CEO of Evolution1. “Consumers want more control over healthcare spending for themselves and their families. Because of our robust business model and our strong network of Partners, we are poised to make an unprecedented difference in the management of all types of CDHC reimbursement funds, ultimately helping consumers maximize their healthcare dollars.”

Recognizing that mobile devices represent the next stage in consumer self-service, the company’s mobile solution, Lighthouse1 Mobile, continues to evolve with advanced features and functionality. The solution enables consumers to access and upload information about their healthcare account, 24/7/365 from anywhere, via their smartphone. The Benny Card can be used by consumers for qualified, out-of-pocket medical care expenses.

By the end of 2011, nearly 200 enhancements that empower, extend and innovate the Evolution1 solution will be added to the technology platform. Because of the solution’s innovative architecture, new enhancements can be released throughout the plan year with no interruption to user experience or service levels.

Dozens of time-saving administrative features in the solution help Partners expand their HSA, HRA, FSA and wellness businesses while increasing operational efficiencies as well as the satisfaction of employers and consumers. Additionally, My Personal Health Suite and Learn CDHC – the first of many Value Added Solutions from Evolution1 – are designed to help employers and consumers make better, more informed healthcare decisions while managing costs and improving wellness.

About Evolution1
Evolution1 and its Partners serve more than seven million consumers, making it the nation’s largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, Wellness and Transit Plans. It is the only solution that meets up to 1,200 unique plan designs, provides innovative auto-substantiation technologies, simplifies user experience, and automates workflow for Partners, employers, and consumers. It does all this on one technology platform comprised of Lighthouse1™, PayDirect®, the Benny® Prepaid Benefits Card, Lighthouse1 OneCard™ and integrated web portals. Evolution1 and its Partners are dedicated to delivering value, reducing costs and simplifying the business of healthcare.