Evolution Benefits Ranked Number 231 Fastest Growing Company in North America on Deloitte’s 2008 Technology Fast 500

AVON, Conn.--(BUSINESS WIRE)--Evolution Benefits announced that it has been named for the third consecutive year to Deloitte’s 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003–2007.

Evolution Benefits’ chairman and CEO, Robert Patricelli, credits patented technology and outstanding customer service with the company’s 789 percent growth.

“Our innovative technology has helped us become a leader within the electronic benefit payment industry, and we are honored to be recognized by Deloitte for our efforts,” Patricelli said. “I am extremely proud of the excellent team at Evolution Benefits – we have achieved success through their hard work, dedication, and ability to deliver what we promise to our customers.”

“Each company on Deloitte’s Technology Fast 500 is an innovator with an exceptional five-year track record of growth,” said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. “Evolution Benefits has earned its position among the fastest growing companies in North America, and we are proud to honor this important accomplishment.”

In addition to ranking on Deloitte’s Technology Fast 500, Evolution Benefits ranked number 45 on the New York, New Jersey, and Connecticut Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in that region.

Overall, companies that ranked on the Technology Fast 500 had growth rates ranging from 242 to 138,762 percent over five years, with an average growth rate of 3,043 percent.

About Evolution Benefits

Evolution Benefits, Inc. is the industry leader in electronic benefit payment solutions for the employee benefits market. Its prepaid benefits card applies patented auto-substantiation technologies to health-related benefits accounts. Customers include more than 200 health plan and administrative services organizations serving more than 11,000 employers, including 100 Fortune and Forbes companies. For more information, visit www.EvolutionBenefits.com.

About Deloitte

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.