MBI Benefits Turns On Real-Time Integration With Lighthouse1

Benefits administration and health plan cash account management moves onto a single system

WALTHAM, Mass., December 27, 2005 – Metavante Corporation today announced its MBI Benefits affiliate is providing Lighthouse1 with real-time health plan cash account management – further solidifying MBI Benefits’ standing as an employee benefits payment systems market leader.  Metavante Corporation is the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI).

MBI Benefits will enhance the Lighthouse1 OnDemand Web-based benefits administration software for health plan providers and third-party administrators (TPA) by providing the ability to deliver all benefits administration functions and cash account management services on one, real-time operating software platform. Through MBI Benefits, TPAs and health plan providers affiliated with Lighthouse1 will now have a single interface to multiple custodians for the establishment and administration of health savings accounts (HSA).

“A single administration platform linked in real-time with MBI’s benefits debit card creates system efficiencies, reduces tedious paper-based processes and delivers cost savings to third-party administrators and health plan providers. Now, they can manage and receive all of their benefits claims electronically as opposed to maintaining one system for handling debit card transactions and another for all other types of benefits administration,” said Jeffrey L. Fritz, chief executive officer of Lighthouse1. “Plus, the Web-based solution from Lighthouse1 allows plan administrators access from any secure Internet browser, while delivering automation of many claims processing tasks and potent financial management.

Lighthouse1 OnDemand delivers automated management of employer benefits plans such as flexible spending accounts (FSA), HRA and health savings accounts (HSA). MBI Benefits delivers the MBI Benefits Card™ and the company’s proprietary healthcare payment platform to support benefits debit cards and manage the transfer of electronic payments between consumers, pharmacies, health plans and financial organizations.
The MBI Benefits Card leads the industry in linking employee benefits accounts with a nationally accepted MasterCard or Visa debit card and enables employees to gain quicker access to and electronically track healthcare account funds – eliminating the time-consuming paper-based reimbursement process.

“With an integrated Lighthouse1 OnDemand-MBI Benefits Card system, healthcare consumers swipe their benefits plan debit card at FSA- or HSA- recommended pharmacies for items like prescription medications and the money is automatically deducted from their account. No paper.  No waiting,” said Frank D’Angelo, president and chief operating officer, Metavante Payment Solutions Group. “Because our cash account management platform delivers real-time information to Lighthouse1, a healthcare consumer can instantly know how much money remains in their account.”

Metavante acquired MBI, the employee benefits payment systems market leader with nearly 1.5 million card holders, in July 2005. Metavante's healthcare solutions include a comprehensive HSA offering that provides everything a financial institution, health insurance company, third-party administrator, or commercial business needs to offer HSAs. This includes account processing, checks and debit cards, online and phone access to account information, investment options, and regulatory reporting. Metavante also offers medical identification cards, combination eligibility/payment cards and the ability to access multiple benefits accounts from a single card.

About Lighthouse1
Lighthouse1 delivers consumer-directed healthcare (CDHC) administration software solutions including Lighthouse1 OnDemand™, the high performance Software as a Service (SaaS) solution, to resolve challenges in the administration of Section 125, 105, 132 and other pre-tax spending programs in the healthcare and employee benefits industry. Its mission is to use the latest technology and services to assist and support CDHC administrators in the management of health care account services. Lighthouse1 OnDemand™ allows third-party administrators and healthcare providers to manage services for employer plans that include: flexible spending accounts, health reimbursement arrangements, variable employee benefits arrangements, health savings accounts and transit plans. More information is available at www.lighthouse1.com.

About MBI Benefits
MBI Benefits, Inc. (MBI), a Metavante company, offers a consumer-directed benefits payment platform plus the country’s leading employee benefits card -- electronically accessing flexible spending accounts, health reimbursement arrangements, health savings accounts, transit/parking accounts and dependent care accounts, all with one MasterCard or Visa card.  The MBI Benefits Card allows employees to pay for eligible expenses at physician and dental offices, pharmacies and vision service facilities. In July 2003, MBI was selected by America's Health Insurance Plans as a Solutions partner and extends preferred terms to America’s Health Insurance Plans’ nearly 1,300 health insurance plan members. More than 17,000 employers, including many Fortune 500 companies, have made the MBI Benefits Card the card of choice for their employees. MBI (www.mbibenefits.com) is based in Waltham, Mass. Metavante
products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, and electronic presentment and payment. Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly owned by Marshall & Ilsley Corporation (NYSE: MI).

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