WATERLOO, ONTARIO–(CCNMatthews – Feb. 7, 2007) – Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce David Chalmers as the Vice President, Business Development and Marketing of its wholly owned subsidiary, Symbility Solutions Inc.
As the Vice President, Business Development and Marketing, Mr. Chalmers will lead all market development activities and core strategies, while continuing to drive Symbility’s brand exposure, and industry adoption of its wireless technology.
Prior to joining Symbility, Mr. Chalmers was Vice President at Research in Motion, a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Mr. Chalmers was responsible for operational management of nine International Carriers and Mobile Virtual Network Operators (MVNO) from Canada to Venezuela. Mr. Chalmers was part of the executive team that saw RIM grow revenues from $300 million plus to $658 million. Building high performance teams, understanding intricate market and vertical dynamics, and executing proven business methodologies are core traits that David has honed over the past twelve years. Prior to RIM, Mr. Chalmers served as Director of Business Development at Descartes Systems Group, which is a software-as-a-service (SaaS) company that has developed a multimodal electronic logistics messaging network currently used by 3,000 customers in 60 countries. At Descartes Systems Group, David helped to pioneer the company’s business development strategy for North America.
“Symbility’s mobile claims technology represents a new model for doing business” says Chalmers. “Through the use of this wireless technology, Insurance companies are going to achieve greater economies of scale, and increased business effectiveness, by reducing their adjustment expenses and lowering indemnity. This is truly a unique opportunity.”
“We are pleased to fill the business development and marketing leadership position with someone who further strengthens Symbility’s role as the first company in mobile claims,” said Boris Znebel, President of Symbility. “David rounds out our senior management team with wireless expertise and excellence in market strategy.”
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 for employer groups. The proprietary software of Autoben assists in reducing the cost of employee benefits programs by allowing local adjudication and administration to over 28,000 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..
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