‹ Back to CoreLogic | Symbility News Releases

New action plan shortens the start-up phase

TORONTO, ONTARIO–(Marketwire – April 21, 2009) – Automated Benefits Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce an enhanced implementation plan that shortens the start-up phase of its proprietary health and dental claims adjudication software, Adjudicare.

Automated Benefits Inc. has introduced a new process for clients to add claims volumes onto the Adjudicare software. This customizable development plan now allows a faster integration based upon the needs of each client, allowing the client to exert better management over time and resources necessary for implementation.

The first client to adopt this approach was Platinum Health Benefit Solutions Inc. (Platinum HB Solutions). Providing self-insured administrative services to both individuals and small groups, Platinum HB Solutions sought a software solution that would support their existing business and their plans to add new groups in the coming weeks. Platinum HB Solutions began transitioning to the Adjudicare platform in late February and their systems were fully integrated with the software in only six weeks.

“We spoke with a number of claims administration solution suppliers and felt strongly that Adjudicare was the best fit for our business model,” states Mark Capp, vice president, finance, Platinum Health Benefit Solutions Inc. “Their ability to have us up and running in such a short time frame supports our growth strategy of adding larger volumes, which Adjudicare has proven they do very effectively.”

“This new discipline enables our clients to affect the transition of their business to our software in a more efficient manner,” states John Jackson, president of Automated Benefits Inc. “Clients then realize our value proposition sooner while shortening the time between a contractual commitment and revenue realization to our firm.”

For more information on the Adjudicare product, visit www.adjudicare.com or call 1.866.647.1147.

About Automated Benefits Inc.

Automated Benefits Corp., headquartered in Toronto, Ontario, is a software company dedicated to developing applications for the insurance industry. The corporation currently has two subsidiaries, Automated Benefits Inc. and Symbility Solutions Inc.

Automated Benefits Inc. provides the Adjudicare software solution for the adjudication of health and dental claims. This software adjudicates claims in real time, providing clients with the highest level of flexibility available along with complete disclosure on the plan’s financial performance. Automated Benefits Inc. enables their clients to provide an additional level of value-added service in a very cost effective manner. The Adjudicare software supports the adjudication of health and dental claims through local insurance brokers across Canada.

All trade names are the property of their respective owners.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.