WATERLOO, ONTARIO–(CCNMatthews – June 27, 2006) – Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce that it has signed a multi-year contract with a significant Midwestern insurance company to implement the Symbility mobile claims™ solution to improve the efficiency of its claims processing.
“We are excited to have won this contract since it represents our largest installation in the U.S. to date,” states James Swayze, CEO of Automated Benefits. “This contract represents a significant expansion into the U.S. Midwest for Symbility and further bolsters the number of processed claims and the user base for Symbility in North America.”
For more information about Symbility’s mobile claims solution, please visit www.symbilitysolutions.com.
About Automated Benefits Corp. and Symbility Solutions
Automated Benefits Corp. (www.autoben.com), headquartered in Toronto, Ontario, is a software company dedicated to developing applications for the insurance industry. The corporation currently has two subsidiaries, Autoben and Symbility.
Symbility Solutions (www.symbilitysolutions.com) has developed a mobile claims system focusing principally on residential and commercial property claims estimation for use by insurance company adjusters and independent contractors. Symbility has offices in Waterloo, Ontario and Montreal, Quebec. Autoben is focused on the employee benefit segment of the life insurance industry. Located in Edmonton, Alberta, Autoben provides claims management software for health and dental plans in addition to insurance products for employer groups. The proprietary software of Autoben, ABI assists in reducing the cost of employee benefits programs by allowing local adjudication and administration to over 23,000 employees across Canada.
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Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Automated Benefits Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Automated Benefits Corp.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.