WATERLOO, ONTARIO–(CCNMatthews – March 21, 2007) – Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce that it is currently engaged in Phase 1 implementation (defined as proof of concept) with a number of insurance companies across the United States and Canada which has increased the user base to over 5,500.
In addition to the 8 multi-year contracts that Symbility has signed in North America for its industry leading mobile claims processing software, the company is at various stages of a Phase 1 implementation with another 5 companies, primarily in the United States. These companies are geographically diverse including a national carrier in Canada; a company domiciled on the West Coast of the USA; Midwestern USA; Southwestern USA; and the Northeastern USA.
“The benefit of having our system in the hands of companies in all quadrants of North America is the viral growth that occurs when new contractors and adjustors use the Symbility mobile claims application”, states James Swayze, CEO, Automated Benefits Corp. “After we signed our first US account in the Midwest, more followed through word of mouth. Now we have potential reference accounts in every market with users growing in every community which bodes very well for our continued expansion”.
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.
With offices in Edmonton and Toronto, Autoben provides a software solution for the adjudication of Health and Dental claims. This software adjudicates claims in real time while providing their clients with the highest level of flexibility available and 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. The Autoben software supports the adjudication of Health and Dental claims through the local insurance broker for over 30,000 employees across Canada.