Enwisen Sells Broker Suite to PlanSource – Move Allows 100% Focus on Continuing Leadership in Workforce Communications Market

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Enwisen, the leader in on-demand workforce communications solutions, today announced that it has sold its suite of communications solutions for benefits brokers to PlanSource Holdings. The move provides PlanSource with communications and decision support tools to compliment its state-of-the-art benefits administration solutions for brokers and their customers – and provides additional capital for Enwisen as it solidly establishes its position of leadership in the medium-to-large market workforce communication and portal business.

Enwisen, the leader in on-demand workforce communications solutions, today announced that it has sold its suite of communications solutions for benefits brokers to PlanSource Holdings. The move provides PlanSource with communications and decision support tools to compliment its state-of-the-art benefits administration solutions for brokers and their customers – and provides additional capital for Enwisen as it solidly establishes its position of leadership in the medium-to-large market workforce communication and portal business.

“For the last several years, Enwisen’s mission has been to lead the on-demand workforce communications market. With our AnswerSource Workforce Portal suite, we’ve now achieved that leadership position. The decision to sell the broker product line allows us to put 100% of our focus and energy in to sales, marketing and R&D for the entire AnswerSource line, including AnswerSource Employee Communications, Benefits Decision Support, Total Rewards Statements, Onboarding and HR Shared Services/Call Center,” said Wally Smith, Enwisen’s CEO.

Added Scott Carver, Plansource CEO, “By adding these decision support and educational tools to our benefits administration platform, we are uniquely positioned to provide brokers with the most comprehensive benefits management solution designed for small and medium-sized employers in the market today.. It is also incredibly simple and cost effective to install which is what this market has been demanding for some time. These employers are now able to help their employees become more informed benefit customers while reducing the costs associated with managing a myriad of benefit options, through process automation and self service.”

The amount of the sale was not disclosed.    

About Enwisen
Enwisen delivers technology that helps employers leverage the web to communicate with its workforce. Its AnswerSource Workforce Portal – a suite of on-demand, personalized and searchable communications applications - engages new hires with a personalized onboarding experience, promotes informed benefits consumerism and improves employee service and communication via more effective self-service, portal and shared services environments. AnswerSource is rapidly deployed, and fully hosted and maintained by Enwisen – allowing employers to dramatically improve the employee experience by making “must do” workforce communications – for all phases of the employee life cycle - more effective, more strategic and less costly. AnswerSource has produced measurable ROI for hundreds of customers – like Yahoo!, Memorial Health Care, State of Montana, Hershey Entertainment & Resorts, Harper Collins, W.L. Gore & Associates and
Hannaford Bros. Cos.http://www.enwisen.com.

About Plansource
PlanSource has redefined the way benefits and HR professionals select, implement and manage employee benefit programs for growing and medium-sized businesses. The company is unique in the marketplace in that it offers a platform capable of delivering an unprecedented level of self-service functionality in the areas of insurance procurement, customer onboarding and ongoing administration. This technology is simple and intuitive enough to enable employers, brokers and others to get through the implementation process without the customization and configuration requirements that have been the primary impediment to broad adoption within this market. PlanSource is based in Boulder, Colo. with operations in Salt Lake City, Utah. For more information, please visit http://www.plansource.com.

MEDIA CONTACT:

Jeanne Achille
The Devon Group,
(732) 224-1000, ext. 11
jeanne(at)devonpr.com

Scott Carver
PlanSource
(303)-666-6499
scott.carver(at)plansourcecorp.com

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company
listed above.

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