Symbility Finalizes Three Year Contract With Groupe Promutuel
TORONTO, ONTARIO–(Marketwire – April 6, 2010) – Symbility Solutions Inc., a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce the finalization of a three year contract with Groupe Promutuel, based in Québec City, Québec. Groupe Promutuel, with more than 160 years’ experience and 545,000 insured members, is dedicated to providing its... [Read More]
Symbility Debuts New First Notice of Loss Estimating Technology
TORONTO, ONTARIO–(Marketwire – March 22, 2010) – Symbility Solutions, Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce the launch of its newest claims software solution, Symbility Inside Adjuster. Symbility Inside Adjuster will aid insurers in quickly estimating the scope of a loss during the first notice of loss (FNOL) without... [Read More]
Automated Benefits Corp. Announces Issuance of Shares to Directors
TORONTO, ONTARIO–(Marketwire – March 10, 2010) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) announces that, subject to approval of the TSX Venture Exchange, it intends to satisfy its obligation to pay independent director fees for the period July 1, 2009 to December 31, 2009 by issuing shares. The Corporation intends to issue 174,330 Common... [Read More]
Sirius Moves Client Base to Adjudicare
TORONTO, ONTARIO–(Marketwire – Jan. 25, 2010) – Automated Benefits Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce Sirius Benefit Plans of Winnipeg, Manitoba, has begun the transition of their existing block of group insurance business to the Adjudicare software. Sirius Benefit Plans (Sirius) is a full service third party administrator... [Read More]
Automated Benefits Corp Announces Issuance of Shares to Directors in Lieu of Cash for Fees
TORONTO, ONTARIO–(Marketwire – Dec. 4, 2009) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) announces that, subject to approval of the TSX Venture Exchange, it intends to satisfy its obligation to pay independent director fees for the period January 1, 2009 to June 30, 2009 by issuing shares instead of paying cash in an effort... [Read More]
Andrew de Groot Appointed Vice President, Global Sales & Marketing for Symbility
TORONTO, ONTARIO–(Marketwire – Dec. 1, 2009) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) is pleased to announce the appointment of Andrew de Groot to Vice President, Global Sales and Marketing for Symbility Solutions Inc. In this role, Mr. de Groot will focus on driving the company’s sales initiatives and developing and maintaining relationships between Symbility and key... [Read More]
Automated Benefits Corp. Increases Revenue 12.5% Over Same Period Last Year
TORONTO, ONTARIO–(Marketwire – Nov. 30, 2009) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) today reports revenue of $3,252,000 for the nine months ending September 30, 2009. This represents an increase of $361,000 or 12.5% over revenue for the same period last year. Adjusted EBITDA for the nine months ending September 30, 2009 is ($875,000),... [Read More]
Automated Benefits Corp. Adopts New Phantom Stock Plan
TORONTO, ONTARIO–(Marketwire – Sept. 1, 2009) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) is pleased to announce that on August 21, 2009, its board of directors approved a phantom stock plan (the “Plan”). The purpose of the Plan is to provide an incentive and reward for selected employees, executive officers, directors and consultants of... [Read More]
CORRECTION FROM SOURCE: Automated Benefits Corp. Increases Revenue 20%
Over same period last year TORONTO, ONTARIO–(Marketwire – Aug. 28, 2009) – This press release is a correction to Automated Benefits Corp.’s most recently disseminated press release whereby the Adjusted EBITDA for six months ending June 30, 2009 was incorrectly stated as $781,000. It should have been reflected as a negative number – ($781,000). The... [Read More]
Automated Benefits Corp. Increases Revenue 20%
Over same period last year TORONTO, ONTARIO–(Marketwire – Aug. 28, 2009) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) today reports revenue of $2,213,000 for the six months ending June 30, 2009. This represents an increase of $366,000 or 20% over revenue for the same period last year. Adjusted EBITDA for the six months ending... [Read More]