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  September 5, 2001
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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > eBenX, Inc.

eBenX, Inc.
Nasdaq: EBNX
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 PROFILE
eBenX (formerly Network Management Services) helps insurers and employers hook up. The company's Web-based technology and services let businesses and health plans exchange eligibility information and transact payments for group health insurance benefits online. eBenX reduces administrative red tape by connecting its back-office technology (which automates the processes of health plan selection, collection of enrollment data, and billing and reconciliation) with front-end enrollment applications offered by health plans and other service providers. Customers include global companies such as Verizon (about 20% of sales), PepsiCo, Target, and GE Capital. eBenX is targeting mid-sized businesses for future growth.

 COMPETITION
Automatic Data Processing, Inc. (ADP)
Administaff, Inc. (ASF)
Ceridian Corporation (CEN)

 DEALS
Deal: EBenX Buys Arbor Associates
Date Announced: 08.29.00
Value of transaction (US $Mil): 62
Description: Human resources software company buys employee-benefits application service provider.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 29.00
1-Yr. Sales Growth: 65.7%
Employees: 428
Revenue per employee: $67,757.01

 KEY PEOPLE
• John J. Davis
    CEO
• Thomas E. Kelly
    CFO

 CONTACT INFO
605 North Hwy. 169,
Minneapolis, MN 55441
US
Phone: 763-614-2000
Fax: 763-614-6000
Online: Web Site

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