Lighthouse1 Announced as Finalist for Eighth Tekne Awards

Leading provider of CDH administration solutions recognized by MHTA.

Minneapolis, MN (PRWEB) September 25, 2007 -- Lighthouse1 (http://www.lighthouse1.com), the industry leading provider of consumer driven healthcare administration solutions, announced today they have been named a small and growing company finalist in the Technology Services category for the 2007 Tekne Awards. The Tekne Awards recognize Minnesota's outstanding technology achievements and leaders.

Lighthouse1 is a Software as a Solutions (http://www.lighthouse1.com/solutions/SaaS/)(SaaS) provider of administration solutions for the CDH industry. The company has experienced triple digit growth since it's inception in 2005 and is considered one of the leading healthcare solutions firms in the United States. Lighthouse1 expects to surpass the billion dollar mark in transactions by the end of 2007.

"I'm so proud of the work our team has done, and it's exciting to see the business really taking off as a result of their incredible effort," said Lighthouse1 CEO and founder Jeff Fritz. "Recognition like this is really an acknowledgement of our employees' innovation and dedication to the Lighthouse1 mission." Fritz added he was looking forward to the awards ceremony November 1, 2007.

"The Tekne Awards have celebrated the growth of Minnesota's technology-based companies for nearly a decade and continue to recognize those who make groundbreaking contributions as technology continues to change and expand," said Kate Rubin, president of MHTA (http://www.mhta.org/ittrium/visit). "With the quantity and quality of award entries increasing significantly again in 2007, this year's award finalists prove that Minnesota is a hotbed for outstanding achievement and innovation in technology."

About Lighthouse1

Lighthouse1 delivers consumer driven healthcare (CDH) administration software solutions including Lighthouse1 OnDemandâ„¢, 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 OnDemandâ„¢ 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. (http://www.lighthouse1.com)

About Minnesota High Tech Association (MHTA)

The Minnesota High Tech Association (MHTA) accelerates the growth, sustainability and global competitiveness of Minnesota's technology-based economy through public policy advocacy, member collaboration and education, and community outreach. MHTA is the only membership organization that represents Minnesota's entire technology-based economy. MHTA members include organizations of every size %u2212 involved in virtually every aspect of technology creation, production, application and education in Minnesota. MHTA works in partnership with AeA, which represents Minnesota's technology organizations nationally. Find out more online at www.mhta.org (http://www.mhta.org/ittrium/visit).

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