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WageWorks Releases the EZ Receipts® Mobile Application

SAN MATEO, Calif. (Monday, October 31, 2011)

New mobile app eliminates paperwork for healthcare and dependent care pretax benefit accounts


/PRNewswire-USNewswire/ -- WageWorks, Inc., a leading on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits, is pleased to announce the launch of its new EZ ReceiptsT mobile application ("EZ Receipts") for use by WageWorks' participants on their smartphones and other mobile devices. EZ Receipts is the next generation of tools from WageWorks designed to completely change the way people interact with and use their healthcare and dependent care flexible spending accounts. The remarkable new app gives participants the ability to take care of claims at their convenience with just the click of a camera.

"WageWorks' focus has always been on giving its customers the best user experience possible. EZ Receipts is a revolutionary step in that direction. It is designed to simplify the way our participants manage their healthcare and dependent care spending accounts. All you need to do is pick up your smartphone, take a picture of any healthcare or dependent care receipt and submit it to us. We can then quickly pay any claims and substantiate any expenses without requesting further documentation from our participants," said Joe Jackson, CEO of WageWorks. "With EZ Receipts, participants no longer need to keep and organize paper receipts and can submit claims from anywhere at any time."

The EZ Receipts app is available now for download on the Apple App Store, Android Market and BlackBerry App World.

In addition to EZ Receipts, the latest version of WageWorks' mobile website enables users to verify their enrollment status, check card balances and plan details and view alerts and status updates. To find out more about WageWorks' mobile platform, go to www.wageworks.com/aboutmobile.

Consumer-directed benefits, such as flexible spending, health savings and commuter accounts, which are offered as part of an employee's benefits package, can save participants money by reducing the costs of everyday expenses by as much as 40%. Visit www.savesmartspendhealthy.com to learn more about how flexible spending accounts and other tax-advantaged programs work and can save you money.

About WageWorks

WageWorks (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers. WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks makes it easier to understand and take advantage of Consumer-Directed Benefits for 58,000 employers and approximately 4.5 million people. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.

For more information, contact:

Jill Gerig

Office: (415) 299-6600