(Source: Business Wire)Representatives from Lighthouse1, the industry leading provider of consumer driven healthcare (CDH) software solutions, announced today Jeff Young has been named President and CEO for the company. Young, who will be leaving an executive position with Microsoft Corporation, will be responsible for the overall leadership, strategic direction and business growth for Lighthouse1. Lighthouse1 also announced that Todd Reynolds would be joining the organization as the Chief Technology Officer.

"Jeff is known for building great teams and for an extreme passion around his business partners and customers," commented Michael Solberg, who acted as interim CEO of Lighthouse1 and serves on the company's board of directors. "We are confident that Jeff and Todd are the perfect fit to lead the way as we tie together our company's banking, healthcare and technology strategies."

Young's career spans nineteen years of technology leadership experience at Microsoft and Great Plains Software. Young has served Microsoft for the past seven years in a variety of roles including Vice President for Dynamics, in which he was responsible for the sales and partner distribution of Microsoft's Dynamics applications. Young also fulfilled a general manager role for several key Microsoft products. Prior to Microsoft, Young was involved as a senior executive at Great Plains Software.

"This is an exciting opportunity for me, to be named CEO of Lighthouse1, one of the top players in one of the most dynamic and fastest growing industries," said Young. "It's going to be a great challenge, and I am looking forward to continuing the tremendous tradition of success and innovation that Lighthouse1 has established in the CDH industry."

Todd Reynolds is a technology veteran with nearly twenty years in the software industry. Reynolds most recently acted as Principle Program Manager for Microsoft. Reynolds' team helped design and deliver Enterprise Resource Planning software for customers around the world. Prior to joining Microsoft, Reynolds also held senior leadership positions for Great Plains Software. "We are very fortunate to have a strong leader with Todd's deep technology experience and experience in the human resources markets to join the Lighthouse1 team," said Young.

About Lighthouse1

Lighthouse1 delivers consumer driven healthcare (CDH) software solutions including Lighthouse1 OnDemand(TM), 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 CDH administrators in the management of healthcare account services. Lighthouse1 OnDemand(TM) allows third party administrators and healthcare providers to manage services for employer plans that include: Flexible Spending Accounts (Medical and Dependent Care), Transit and Parking, Health Reimbursement Arrangements and Health Savings Accounts. More information is available at www.lighthouse1.com.