WATERLOO, ONTARIO–(CCNMatthews – June 20, 2006) –
Symbility Adoption Rate Increasing Rapidly in the Property Insurance Industry
Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), today is pleased to announce a new milestone for the adoption of its mobile claims processing solution by hitting the 3,000 user mark.
“With an increasing number of pilots and rollouts for our Symbility mobile claims solution, the user base is growing exponentially,” states James Swayze, Chief Executive Officer at Automated Benefits Corp. “The strongest growth is coming from the mid-western United States but interest is also increasing in the southern states with storm season approaching.
Available for use with any mobile-enabled, pen-based handheld platform, the Symbility Solutions system allows adjusters and contractors to write and process claims on-site with greater accuracy and to settle claims more efficiently. Symbility now has over 500 companies using its mobile claims software throughout North America including insurance companies, independent adjusters and contracting companies.
For more information about this mobile claims solution, please visit www.symbilitysolutions.com.
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 in addition to insurance products for employer groups. The proprietary software of Autoben, ABI, assists in reducing the cost of employee benefits programs by allowing local adjudication and administration to over 23,000 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.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.