TORONTO, ONTARIO–(Marketwire – April 7, 2009) – Automated Benefits Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce the formalization of a signed contract with Platinum Health Benefits Solutions Inc. of Mississauga, Ontario, for the use of Adjudicare.
Platinum Heath Benefits Solutions (Platinum HB Solutions) provides self-insured and administrative services for drugs, extended health, dental and disability benefits. Serving individuals and small and large groups, Platinum HB Solutions wanted to continue offering cost-effective solutions without reducing coverage. After an extensive market study of all suppliers of adjudication services, Platinum Health Benefit Solutions selected Adjudicare as their partner.
“We spoke with a number of claims administration solution suppliers and feel strongly that Adjudicare is both the best solution and the best fit for our business model,” states President Prim Chansingh, Platinum Health Benefit Solutions Inc. “We intend to continue to grow aggressively with this solution.”
“We are proud to have been selected after such a thorough and competitive process,” states John Jackson, president of Automated Benefits Inc. “This further validates Adjudicare’s place in the market as a leading edge software solution for the administration of health, dental and weekly indemnity claims.”
For more information on the Adjudicare product, visit www.adjudicare.com or call 1.866.647.1147.
About Automated Benefits Corp. and 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.
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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.