Nation’s leading provider of tax-advantaged health, wellness, child care, commuting, and education benefits ranks on Inc. 500 list three years in a row

SAN MATEO, CA –August 30, 2007 – WageWorks®,the nation's leading provider of consumer-driven tax-advantaged spending accounts for health, wellness, child care, commuting, and education benefits, ranked No. 177 on Inc. magazine's annual list of America's 500 fastest growing private companies. The company recorded three-year growth of 1,187.5%.

"WageWorks is tremendously honored to be included in the Inc. 500 for three consecutive years," said Joe Jackson, CEO, WageWorks. "This is a true testament to WageWorks' continued commitment to delivering world class client and participant service, and innovative products that are changing the face of benefits administration. With an exciting product roadmap, the continued expansion of our technology and service offerings, and an ever-increasing customer and participant base, WageWorks is poised for even greater growth and expansion going forward."

In 2006, WageWorks ranked No. 26, recording three-year growth of 1,802.4%. In 2005, the company ranked No. 24, with three-year growth of 2,117%.

About WageWorks
Founded in 2000, WageWorks provides tax-advantaged health, wellness, child care, commuting, and education benefits. More than 100 of America's Fortune 500 employers and millions of their benefits-eligible employees use WageWorks' programs. As the cost of living continues to rise and more health care costs are pushed to employees, WageWorks seeks to eliminate barriers to benefit participation so working families can save money and improve their overall well-being.

WageWorks provides easy-to-use benefits programs that help save time, and educational tools and resources to increase employees' knowledge and understanding of their family's health care and financial needs.

WageWorks is headquartered in San Mateo, CA., with offices in New York, Chicago, Washington, D.C., Phoenix, Ariz., Mequon, WI., and Troy, MI. For more information, please visit www.wageworks.com.