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Altera Corporation Deploys Benergy® Platform to Streamline Benefits Management & Simplify Open Enrollment Process
Tuesday, June 16, 2009 7:06 AM


Automated Benefits Enrollment System Provides 24/7 Access for Geographically Dispersed Employees While Reducing Paperwork for Human Resources Team

A.D.A.M., Inc. (Nasdaq: ADAM), a leading provider of consumer health information and benefits technology solutions, today announced Altera Corporation has entered into a multi-year agreement to license its Benergy® Communications Platform, including its Enrollment Services and Health and Wellness Center modules.

“We look forward to simplifying our upcoming open enrollment season with Benergy’s online enrollment module,” said Catherine Fitzsimmons, director, global compensation and benefits at Altera. “We selected Benergy because it is a one-stop communications platform that provides our employees with online access to benefits information, health and wellness content, and human resources materials.”

Benergy helps Altera streamline routine benefit functions while providing their 1,250 U.S. employees access to easy-to-understand information to help them make informed benefits choices, including details of each benefit plan, multimedia plan tutorials and side-by-side comparisons. Benergy’s online enrollment module enables Altera to collect benefits election data electronically on a daily basis, so they can easily report data to insurance carriers and the payroll system.

“A.D.A.M. is committed to helping customers like Altera reduce the cost and time burdens associated with benefits management. Automating the open enrollment function is a win-win for employers and employees as it reduces the workload for employers while empowering their employees with the information and interactive tools to help them make smart decisions about their benefits,” said A.D.A.M. president and chief executive officer Kevin Noland. “As employers across the country are looking for ways to reduce costs while continuing to provide attractive benefits to their employees, Benergy’s online enrollment service is an easy-to-implement solution for employers of all sizes.”

About A.D.A.M., Inc.

A.D.A.M. (Nasdaq: ADAM) is a leading provider of health information and benefits technology solutions to healthcare organizations, employers, consumers, and educational institutions. A.D.A.M.’s portfolio of products includes its award-winning Multimedia Encyclopedia and Benergy, the leading benefits communication and healthcare decision support platform for small and mid-sized employers. A.D.A.M. content and technology solutions help consumers better understand their health, wellness and benefits, while helping healthcare organizations and employers reduce the costs of healthcare and benefits administration. For more information, visit http://www.adam.com or call 1-800-755-ADAM.

A.D.A.M. Forward-Looking Statements

Except for historical information, all of the statements, expectations and assumptions contained in this press release are forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results, performance or developments to differ materially. Factors that could affect the company's actual results, performance or developments include general economic conditions, development of the Internet as a source of health information, pricing actions taken by competitors, demand for the company's health information, regulatory changes in laws and regulations that impact how the company conducts its business and the other factors described in A.D.A.M.’s filings with the SEC. A.D.A.M. disclaims any obligation or duty to update any of its forward-looking statements.

A.D.A.M., Inc.
Rick Leach, 404-604-2757
Sr. Vice President, Marketing
marketing@adamcorp.com
or
Investor Contact:
Amy Gibbons, 212-838-3777
agibbons@lhai.com

(Source: Business Wire )


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