RepayMe.com Exceeds 100,000-Participant Milestone

Real-Time Debit Card, Web-Based Architecture, Cost Savings 
Drive Rapid Adoption

SAN DIEGO, CA-March 02, 2006- BenSoft, Inc., announced today that RepayMe.com, its automated reimbursement plan software, is currently supporting over 100,000 participants. Reaching the 100,000 milestone reflects the success of RepayMe.com in allowing Third Party Administrators and employers to dramatically reduce their costs associated with account administration. The savings are realized by on-line, real-time access to flexible spending accounts, and automation of adjudication and reimbursement tasks-all with the convenience of a Web-based package. 

To support the needs of its rapidly expanding base of plan administrators and employers, RepayMe's ASP-based architecture can readily scale to millions of participants while employing the most stringent privacy and security protections. RepayMe thus allows customers to start up rapidly, and avoid the overhead of managing their own systems operations. Plus, most participants take advantage of RepayMe's personalized debit card, which eliminates out-of-pocket expenses for plan participants, speeds claims processing, and provides real-time updates to flexible spending account balances. 

"With the continued support of our enterprise and TPA customers, we are committed to helping them achieve real cost savings, while allowing their clients to get the most from their flexible benefit plans," said Tom Horan, BenSoft's founder and CEO. "We appreciate that our customers place their trust and confidence in RepayMe to manage the critical operations of their flexible benefits programs. We will continue to provide innovative technology and first-class customer service to support their efforts."

About BenSoft, Inc.
Founded in 1991 and headquartered in San Diego, CA, BenSoft develops and markets RepayMe.com, an ASP-based benefits administration software solution designed specifically for Third Party Administrators and self-administrating employers seeking a cost-effective reimbursement account administration solution. RepayMe is the 100% Web-based software solution that provides an integrated real-time debit card option, online Participant Claim Entry, Employee Self Service, Employer Self Service, and a Business Processing Outsource (BPO) option for FSA/HRA/HSA management. BenSoft provides innovative benefits solutions to companies ranging in size from 250 to over 250,000 employees. 

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BenSoft and RepayMe are registered trademarks of BenSoft, Inc. Other company and product names may be trademarks of their respective owners.