WATERLOO, ONTARIO–(Marketwire – June 6, 2007) – Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce that it has entered into a business relationship with Lenovo, a global PC manufacturer.
“This symbiotic business relationship helps Symbility to further differentiate itself within the insurance marketplace. By developing common strategies and focusing on field executables with the Lenovo team, we rapidly accelerate the expansion of our industry footprint,” notes David Chalmers, Vice President of Corporate Marketing and Business Development at Symbility. “The combination of Symbility’s pen-based mobile claims application and Lenovo’s Tablet PCs provides a solution that effectively addresses the needs of clients in the insurance industry. The principal benefit to clients is an increased return on investment (ROI) which provides immediacy and value to the total cost of hardware ownership (TCO).”
Many adjusters and contractors traditionally use a tape measure to create the floor plan, exteriors and roofing details, and record the information with a pen and paper at the loss site. Upon returning to the office, they must take extra time to key the information into a PC. Combining a Lenovo Tablet PC’s extreme durability, multiple connectivity options, ultra long battery life and top performance with a software platform designed specifically for the pen-based environment streamlines data collection, provides users with more information available at their fingertips and eliminates the need to locate a flat surface to work on – which, can be difficult to find at a loss site. A laser measuring device that is integrated with Symbility’s leading-edge mobile claims application and Lenovo’s Tablet PCs provides clients an end-to-end solution for productive and secure activities in the field. Elimination of unnecessary travel to the office, reduction of time spent on re-keying information, reduction of scope creep, increased customer satisfaction and reduction of indemnity can drive a quick ROI for the client’s investment.
Combining Lenovo’s Tablet PCs with Symbility’s pen-based mobile claims application, which has been specifically designed to take full advantage of the tablet operating system, creates an ultra-efficient ecosystem for carriers, adjusters and contractors to handle all claim activity right at the loss site.
Terms of the agreement were not disclosed.
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.
For more information about the Symbility mobile claims solution, please visit www.symbilitysolutions.com.
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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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