Minneapolis, MN - October 25, 2007 - Lighthouse1, the industry leading provider of consumer driven healthcare administration solutions, was named by Upsize Magazine as the Business Builder of the Year for 2007. The Business Builder awards annually recognize the most innovative and fastest growing businesses in Minnesota. Lighthouse1 was selected from a field of 30 companies nominated for Best Practices in six categories including Community Impact, Communications and Marketing, Technology and Innovation, People and Workplace, Customer Relations, and Finance and Operations. Only Minnesota firms with less than 100 employees are eligible for the award.
"To be singled out of such an incredible group of Minnesota companies is really an honor," said Jeff Fritz, CEO and founder of Lighthouse1. "I can only attribute our continuing success to the hard work and dedication of the Lighthouse1 staff. Consumer driven healthcare is one of the most dynamic industries in America. Succeeding in this industry takes guts, determination and a lot of smarts. We're lucky to have a team that more than exemplifies those qualities."
Lighthouse1 is experiencing significant growth in 2007 including more than 350% increase in its consumer base. The firm uses the revolutionary Software as a Service model to provide administration solutions for consumer driven healthcare. Lighthouse1 has received recognition from many healthcare industry organizations over the past year and was also recently awarded Microsoft Gold Certified Partner Status.
"Lighthouse1 is well-situated in a booming industry, software for consumer driven healthcare. The company has generated tremendous growth in just four years. These factors make Lighthouse1 a clear choice to be named Upsize Business Builder of the Year," said Beth Ewen, Editor and Co-founder, Upsize Minnesota.
About Lighthouse1
Lighthouse1 delivers consumer driven healthcare
<http://www.lighthouse1.com/solutions/product/> (CDH) administration software solutions including Lighthouse1 OnDemandT, the high performance Software as a Service (SaaS) solution, to resolve challenges in the administration of Section 125, 105, 132 and other pre-tax spending programs in the healthcare and employee benefits industry. Its mission is to use the latest technology and services to assist and support CDH administrators in the management of healthcare account services. Lighthouse1 OnDemandT allows third party administrators and healthcare providers to manage services for employer plans that include: Flexible Spending Accounts (Medical and Dependent Care), Transit and Parking, Health Reimbursement Arrangements and Health Savings Accounts. More information is available at www.lighthouse1.com.
About the Upsize Business Builder Awards and Seminar
The Upsize Business Builder Awards and Seminar, is designed to recognize the hard work and ingenious efforts of Minnesota-based small businesses with fewer than 100 employees. The event recognizes 30 organizations in the categories of finance and operations, customer relations, technology and innovation, community impact, people and workplace and communications and marketing. In addition, one company is named the Upsize Business Builder of the Year based on certified revenues and innovative growth strategies. All 30 companies and their best practices will be highlighted in the December 2007 issue of Upsize Minnesota.
About Upsize Minnesota
Upsize Minnesota, founded in 2002, is the only Minnesota-based how-to magazine dedicated to helping small-business owners and top managers build bigger and more profitable companies. In 10 issues each year, Upsize provides expert advice on enhancing a company's competitiveness and growth,and real-life stories from the owners who are driving results at their businesses. For more information, visit www.upsizemag.com.
Contact:
Emily Smith
952-908-9026
esmith@lighthouse1.com
www.lighthouse1.com/newsroom
