BenefitAmerica CEO, Howard Koenig, Recognized as `Distinguished Leader'

Business Wire, Nov 5, 2001

Business Editors

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 5, 2001

BenefitAmerica, a leading provider of Web-centric employee benefit enrollment and administration solutions, today announced that the State University of New York at Buffalo is honoring BenefitAmerica CEO Howard Koenig for his distinguished leadership and achievements within the e-commerce industry.

The University at Buffalo honors its alumni for displaying exceptional leadership. Koenig was selected this year for his accomplishments as CEO of BenefitAmerica. With Koenig's leadership, BenefitAmerica, formerly EmployeeLife, has become a leader in Internet-based benefit administration solutions. Howard's achievements resulted in the acquisition of BenefitAmerica by UnumProvident in March of 2001.

Koenig received both his BA in economics and his MBA from the University at Buffalo. He is an industry expert and accomplished speaker in technology relative to business-to-business e-commerce, employee benefits administration, and customer relationship management. He also has extensive experience in Internet strategy, business process engineering and operational efficiency.

"Being honored by my alma matter as a distinguished leader in e-commerce is a unique tribute," said Koenig. "The sign of a successful leader is a strong team. At BenefitAmerica we have brought together leaders in the technology and benefits fields. The assembly of this world-class team to deliver our solutions is the accomplishment I am most proud of."

Koenig will receive the honor from Jerry N. Newman Ph.D., dean of the School of Management and William R. Greiner, president of the University at Buffalo.

"This award recognizes the role Howard has played in shaping the e-commerce industry worldwide," said Newman. "His work and vision have significantly influenced the way information technologies are used to improve business operations and meet the needs of consumers and we are honored to count him among our family."

The University at Buffalo's MBA program was recently ranked within the top 50 programs in the world by the Wall Street Journal and within the top 25 schools by Forbes magazine.

About BenefitAmerica

BenefitAmerica, offers Web-centric benefits services that enable employers, with their brokers and insurers, to efficiently enroll and administer employee benefits. Our products and services, backed by a world-class team of benefits experts, satisfy the administrative and service needs of growing organizations. BenefitAmerica is headquartered in Mountain View, CA and is part of UnumProvident Corporation (NYSE:UNM). For more information about BenefitAmerica or any of its solutions, contact the company at 1.800.319.5633 or visit www.benefitamerica.com.