eHealth, Inc. Named to the Deloitte 2008 Silicon Valley Technology Fast 50
MOUNTAIN VIEW, CA -- (Marketwire) -- 10/31/08 -- eHealth, Inc. (NASDAQ: EHTH), parentcompany of eHealthInsuranceServices, Inc., today announced that it was named to the DeloitteTechnology Fast 50 Program for Silicon Valley Internet, Media,Entertainment and Communications Companies. eHealth's selection was basedon the company's 295% growth in revenue over five years from fiscal year2003-2007.(1)
eHealth, Inc. President and CEO Gary Lauer credits the company's success oneHealth's commitment to delivering the best resources possible to helpfamilies and individuals find the right health insurance coverage. Lauersaid, "eHealth is intensely focused on applying technology innovation todeliver the best consumer experience for researching and purchasing healthinsurance online. This mission is even more critical today in light ofincreased unemployment and the nationwide economic crisis. Now more thanever, Americans are seeking ways to find comprehensive health insurance atthe right price."
To qualify for the Technology Fast 50, companies must have had operatingrevenues of at least $50,000 in fiscal year 2003 and $5,000,000 in fiscalyear 2007, be headquartered in the San Francisco Bay Area, and be a companythat owns proprietary technology or proprietary intellectual property thatcontributes to a significant portion of the company's operating revenues;or devotes a significant proportion of revenues to the research anddevelopment of technology. Using other companies' technology orintellectual property in a unique way does not qualify.
"Sustaining high revenue growth over five years is an exceptionalaccomplishment," said Mark Jensen, Managing Partner, National VentureCapital Services, Deloitte & Touche LLP, in Silicon Valley. "We commendeHealth for making the commitment to technology and delivering on thepromise of market longevity. We are proud to honor eHealth with Deloitte'sTechnology Fast 50."
Companies from the regional Technology Fast 50 programs in the UnitedStates and Canada are automatically entered in Deloitte's Technology Fast500 program, which ranks North America's top 500 fastest growingtechnology, media, telecommunications and life sciences companies. Formore information on Deloitte's Technology Fast 50 or Technology Fast 500programs, visit www.fast500.com.
About eHealth, Inc.:
eHealth, Inc. (NASDAQ: EHTH) is the parent company of eHealthInsurance, thenation's leading online source of health insurance for individuals,families and small businesses. Through the company's website,www.ehealthinsurance.com, consumers can get quotes from leading healthinsurance carriers, compare plans side-by-side, and apply for and purchasehealth insurance. eHealthInsurance offers thousands of health plansunderwritten by more than 180 of the nation's leading health insurancecompanies. eHealthInsurance is licensed to sell health insurance in all 50states and the District of Columbia. eHealthInsurance and eHealth areregistered trademarks of eHealthInsurance Services, Inc.
As used in this document, "Deloitte" means Deloitte LLP. Please seewww.deloitte.com/about for a detailed description of the legal structure ofDeloitte LLP and its subsidiaries.
(1) Revenue for eHealth, Inc. from 2003 to 2007 was provided in eHealth,Inc.'s 2007 Annual Report on Form 10-K filed with the Securities andExchange Commission.
Senior Public Relations Manager