Symbility to offer Sinisoft customers mobile claims with the Sinisoft database
WATERLOO, ONTARIO–(CCNMatthews – July 24, 2006) – Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), today is pleased to announce a commercial agreement with Sinisoft, a Quebec based claims estimation solution.
“This agreement strengthens our commitment to customer excellence and will add more customers and users to our community,” states James Swayze, Chief Executive Officer at Automated Benefits Corp. “We are also pleased to be offering another pricing data source to Quebec based insurance carriers and contractors for our mobile claims solution with the Sinisoft localized pricing Database.”
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.
“Quebec based companies will benefit greatly from the combined forces and value created by the joining of our two solutions as Sinisoft will cease product development and align our direction with Symbility,” states Manon Lamarche, President of Sinisoft. “I look forward to joining the Symbility team and offering Sinisoft customers an immediate application evolution with all the mobile and pen-based benefits of the Symbility solution.”
Established in 1998, Sinisoft is a leading Quebec focused software vendor which offers a french application for estimating and adjusting claims with 300 users generating over 50,000 claims annually. Clients include insurance carriers such as AXA, ING and La Capitale along with major restoration firms such as Groupe Urgence Sinistre (GUS), Groupe Unimax and over 85 other restoration and estimating firms.
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 25,000 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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