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RedBrick Health Completes $15 Million Series B Financing, Led by Fidelity Ventures December 19, 2007 RedBrick Health, a health services company that is leading the transition from employer sponsored health care to Consumer-Owned Health, announced today the closing of a $15 million Series B preferred stock financing. The financing was led by Fidelity Ventures and included existing investors Highland Capital Partners and Versant Ventures. In connection with the financing, Dave Power, a partner at Fidelity Ventures, will join RedBrick Health’s board of directors. “Through its close relationship with Fidelity Investments, Fidelity Ventures understands the challenges that employers face in managing health care costs,” said Power. “As the U.S. health care market evolves to one in which employees take more responsibility for their health, RedBrick Health has positioned itself to become the market leader through an innovative offering designed to help employers better manage their health care costs and to empower employees to be more proactive about staying healthy.” ”The RedBrick Health team has executed exceptionally well, translating market opportunity into market adoption,” said Bob Higgins, managing general partner of Highland Capital Partners. “With an innovative approach to consumer owned health care solutions, RedBrick Health is strongly positioned for its next stage of growth.” "Our team is thrilled to be working with Fidelity Ventures," said Kyle Rolfing, CEO of RedBrick Health. “Fidelity Investments is leading the transition in helping employees take greater responsibility in planning and saving for their retirement, much the same way RedBrick Health is leading the transition in helping consumers plan and own their health. We look forward to working with and leveraging the expertise of Fidelity Ventures and our strong syndicate of committed, active investors." RedBrick Health serves employers and employees alike in the transition to Consumer-Owned Health by providing a defined contribution approach for employers and creating an equitable distribution of health benefits dollars between employees through an equal opportunity to realize health premium reductions for responsible health behavior. RedBrick Health then provides employees with the financial tools and incentives, customized personal wellness plans, and independent customer service advocacy to establish greater individual ownership and lifestyle change. About Fidelity Ventures Fidelity Ventures invests in technology companies ready to enter the market and those poised for the next phase of growth. Its 40-year track record includes hundreds of successful investments in the consumer, communications, systems and software markets. Fidelity Ventures is distinguished by the ability to accelerate market adoption for its portfolio companies’ offerings, and by a global network of senior technology and business executives. Fidelity Ventures actively manages over $800 million from offices in Boston and London. For more information, please visit: www.fidelityventures.com About RedBrick Health RedBrick Health, a health services company headquartered in Minneapolis, was founded in 2006 to lead the transition from employer-sponsored health care to Consumer-Owned Health. RedBrick Health uses financial tools and incentives, customized Personal HealthMaps, and independent customer advocacy to generate greater individual responsibility, long-term lifestyle changes and substantial return on investment. RedBrick Health focuses its services on large companies and their employees. For more information visit: www.redbrickhealth.com Proceeds from this round of financing will be used to advance development and expand RedBrick Health’s leadership position in helping companies responsibly move to a defined contribution model for health care benefits, leading to long term cost reduction and increased employee engagement in their health. The company recently announced a number of new customers that have selected RedBrick Health as their Consumer-Owned Health program partner.	Download Press Release

RedBrick Health Completes $15 Million Series B Financing, Led by Fidelity Ventures

December 19, 2007

RedBrick Health, a health services company that is leading the transition from employer sponsored health care to Consumer-Owned Health, announced today the closing of a $15 million Series B preferred stock financing. The financing was led by Fidelity Ventures and included existing investors Highland Capital Partners and Versant Ventures. In connection with the financing, Dave Power, a partner at Fidelity Ventures, will join RedBrick Health’s board of directors.

“Through its close relationship with Fidelity Investments, Fidelity Ventures understands the challenges that employers face in managing health care costs,” said Power. “As the U.S. health care market evolves to one in which employees take more responsibility for their health, RedBrick Health has positioned itself to become the market leader through an innovative offering designed to help employers better manage their health care costs and to empower employees to be more proactive about staying healthy.”

”The RedBrick Health team has executed exceptionally well, translating market opportunity into market adoption,” said Bob Higgins, managing general partner of Highland Capital Partners. “With an innovative approach to consumer owned health care solutions, RedBrick Health is strongly positioned for its next stage of growth.”

"Our team is thrilled to be working with Fidelity Ventures," said Kyle Rolfing, CEO of RedBrick Health. “Fidelity Investments is leading the transition in helping employees take greater responsibility in planning and saving for their retirement, much the same way RedBrick Health is leading the transition in helping consumers plan and own their health. We look forward to working with and leveraging the expertise of Fidelity Ventures and our strong syndicate of committed, active investors."

RedBrick Health serves employers and employees alike in the transition to Consumer-Owned Health by providing a defined contribution approach for employers and creating an equitable distribution of health benefits dollars between employees through an equal opportunity to realize health premium reductions for responsible health behavior. RedBrick Health then provides employees with the financial tools and incentives, customized personal wellness plans, and independent customer service advocacy to establish greater individual ownership and lifestyle change.

About Fidelity Ventures

Fidelity Ventures invests in technology companies ready to enter the market and those poised for the next phase of growth. Its 40-year track record includes hundreds of successful investments in the consumer, communications, systems and software markets. Fidelity Ventures is distinguished by the ability to accelerate market adoption for its portfolio companies’ offerings, and by a global network of senior technology and business executives. Fidelity Ventures actively manages over $800 million from offices in Boston and London. For more information, please visit: www.fidelityventures.com

About RedBrick Health

RedBrick Health, a health services company headquartered in Minneapolis, was founded in 2006 to lead the transition from employer-sponsored health care to Consumer-Owned Health. RedBrick Health uses financial tools and incentives, customized Personal HealthMaps, and independent customer advocacy to generate greater individual responsibility, long-term lifestyle changes and substantial return on investment. RedBrick Health focuses its services on large companies and their employees. For more information visit: www.redbrickhealth.com

Proceeds from this round of financing will be used to advance development and expand RedBrick Health’s leadership position in helping companies responsibly move to a defined contribution model for health care benefits, leading to long term cost reduction and increased employee engagement in their health. The company recently announced a number of new customers that have selected RedBrick Health as their Consumer-Owned Health program partner.

Download Press Release