TORONTO, ONTARIO–(Marketwire – May 27, 2008) – Symbility Solutions Inc., a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), proudly announces the addition of its 9,000th user of its mobile claims processing solution. Along with this achievement comes the added distinction of having over 800 companies now registered as users of the Symbility software solution.
Having recently celebrated record growth with the acquisition of its 8,000th user in January, this accomplishment marks a 12% growth rate in software usage in only four months. Additionally, the number of individual companies using Symbility’s mobile claims solution has grown to 800 in that same time period. With increased catastrophic activity throughout the United States and Canada in recent months, Symbility users have relied on its mobile claims application to quickly and efficiently process claims, getting estimates into the hands of insured property owners faster than ever. Symbility’s software solution for automating property claims provides a simple, effective and timely settlement to claim processing, making Symbility a success with its growing clientele and the homeowners they serve.
“Our user growth is accelerating concurrent with the number of claims processed in both Canada and the United States,” states James Swayze, CEO of Automated Benefits Corp. “With our European expansion now underway, we look forward to further acceleration of this growth in multiple territories over the coming year.”
For more information on Symbility Solutions, visit www.symbilitysolutions.com or call 1.866.SYMBILITY.
About Symbility Solutions and Automated Benefits Corp
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, Automated Benefits Inc. and Symbility Solutions Inc.
Symbility Solutions Inc. is in the business of automating insurance claims. Its award-winning mobile claims solutions are designed to increase the speed and accuracy of damage claims processing by allowing claims adjusters, carriers, and restoration contractors to process claims on-site, resulting in increased customer satisfaction levels. Handwritten notes and post-inspection data entry are eliminated. Complete mobility provides the means to access key information on location and instantly settle claims up to three times faster and with greater accuracy, thereby reducing adjusting expenses and lowering indemnity.
Automated Benefits Inc. provides a 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. Autoben enables their clients to provide an additional level of value-added service in a very cost effective manner.
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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.
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