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Trustnode Changes Name to Navera


October 22, 2013 - SAN FRANCISCO, CA

Trustnode announced today that the company has changed its name to Navera, effective immediately, to reflect its role in helping individuals and their families navigate a new era of consumer-driven healthcare. Navera provides cloud-based Education and Decision Support products to employers, brokers, carriers and health exchanges to help consumers make well-informed decisions about their benefits and insurance options during the benefits selection process. The company also announced a financing round led by Emergence Capital Partners and the appointment of Steve L. Adams as CEO.

"A new era of healthcare and workplace benefits is here and, with it, new challenges and opportunities for businesses and consumers alike," stated Steve L. Adams, President and CEO at Navera. "We are committed to helping employers and their employees navigate this era, and our new name reflects our consumer-friendly approach to education and decision support. Our focus remains consumer and employee engagement -- helping individuals understand the complex options and often difficult subjects associated with benefits and insurance products."

"With deep expertise in both healthcare and technology, Navera has a great opportunity to become the industry cloud leader for healthcare benefits and insurance," stated Gordon Ritter, Founder and General Partner at Emergence Capital Partners. "We are excited to work with the Navera team and Steve Adams, an experienced cloud executive who is passionate about helping consumers make better decisions."

Navera Products

Navera's product modules are designed to increase consumers' understanding of their available options -- from employer-sponsored benefits, such as medical plans, to ancillary and supplemental benefits, such as disability and voluntary life insurance. Each Navera module can be configured to communicate an employer's or a health exchange's plan design, rate structure, eligibility rules, compliance messaging and branding. Navera products emphasize personalized education and decision support while enabling individuals to learn at their own pace and in a low-pressure environment.

About Navera

Founded by a unique mix of healthcare executives and Silicon Valley technologists, Navera delivered its first product in late 2010. Driven by a combination of business sensibility and creative whimsy, the company has quickly expanded its product portfolio, client base and partner network, redefining the Education and Decision Support market for healthcare benefits. Navera's products help individuals and their families make well-informed decisions about benefits and insurance needs and provide an engaging, informative and relevant experience that increases employee participation as well as overall satisfaction during the selection process. Navera also delivers value to its broker, consultant, carrier and health exchange partners by improving employee engagement and reducing communication costs -- creating value for everyone in the benefits selection process.

To learn more about Navera, please visit www.navera.com.

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Media Contact
Steffan Haithcox
Vice President of Marketing
steffan.haithcox@navera.com
+1-408-242-0080

MarketWire

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