For Second Consecutive Year, WageWorks Ranks on Inc. Magazine's List of America's 500 Fastest-Growing Private Companies; Provider of Consumer-Driven Tax-Advantaged Spending Accounts Achieves Three-Year Growth of 1,802.4 %.

SAN MATEO, Calif. -- WageWorks(R), the nation's leading provider of consumer-driven tax-advantaged spending accounts for health care, dependent care and commuter benefits, ranked No. 26 on Inc. magazine's annual list of America's 500 fastest growing private companies. The company recorded three-year growth of 1,802.4%.

"We are thrilled to have achieved inclusion on this prestigious list for the second year in a row," said Jon Kessler, CEO of WageWorks. "We are always looking for ways to widen our reach and deliver tax-advantaged benefits to more consumers. This mindset, as well as our focus on constantly improving customer service, will help us continue to thrive through our next growth stage."

In 2005, the company ranked No. 24, recording three-year growth of 2,117 %.

About WageWorks

Established in 2000, WageWorks is the nation's leading provider of tax advantaged consumer spending and savings programs, including flexible spending accounts, health savings accounts, health reimbursement arrangements, commuter benefits and COBRA. The unique delivery platform features online tools and provides the flexibility to work with any combination of health insurance carrier or financial institution. WageWorks' debit cards compliment the delivery platform to provide complete integration of all health account activity to ensure ease of use and ready access to employee or employer contributions. Many of America's largest employers and millions of their benefits-eligible employees seeking to save money and make smart choices about their health care, dependent care and commuter expenses use WageWorks. WageWorks ranked No. 26 on Inc. Magazine's 2006 list of 500 fastest-growing private companies in America.

WageWorks is headquartered in San Mateo, Calif., with offices in New York, Chicago, Washington, D.C., Phoenix, Ariz., Mequon, Wis., and Troy, Mich. For more information, please visit www.wageworks.com, e-mail WageWorks at [e-mail] or call 650-577-5200.

Inc. 500 Methodology

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent -- not subsidiaries or divisions of other companies -- as of December 31, 2005, and have at least $600,000 in net sales in the base year. Visit http://www.inc.com to dig deeper into this year's Inc. 500 rankings.

To celebrate the 25th annual Inc. 500 list, Inc.com has assembled an exclusive lineup of interactive resources that includes:

--Interactive maps allowing for quick insight into regional and industry trends

--A timeline of world events and pop culture trends that shaped the past 25 years that explains how the Inc. 500 corresponds to and is reflected by those events

--Slide shows of the top companies and most innovative products from the Inc. 500 class of 2006

--A quiz that includes interesting facts such as which former Inc. 500 CEO won a World Series ring.

About Inc.

Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.