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Automated Benefits Corp.(R) Announces Graduation to Tier 1 Status on the TSX Venture Exchange(April 18, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 04/18/12 -- Automated Benefits Corp. (the "Corporation") (TSX VENTURE:AUT), a software company dedicated to developing applications for the insurance industry in North America and Europe, is pleased to announce that effective today it has graduated from Tier 2 to Tier 1 status on the TSX Venture Exchange. Tier 1 is the TSX Venture Exchange' s premier Tier, reserved for its most advanced issuers with the most significant financial resources. The benefits of Tier 1 status include decreased filing requirements and improved service standards.
About Automated Benefits Corp.
Automated Benefits Corp.?? (TSX VENTURE:AUT) is a progressive software company dedicated to developing applications for the insurance industry in North America and Europe. The organization currently has two platforms: Symbility?? and Adjudicare??.
Symbility Solutions provides powerful, accurate and easy-to-use claims processing and estimating software solutions for Property & Casualty Insurers. Our collaborative workflow management, mobile estimating and claims triage solutions allow insurers to reduce costs while delivering a market-leading claims experience.
Adjudicare is an advanced, practical software solution used by a network of Employee Benefits Brokers and Third Party Administrator partners across Canada in the adjudication of health and dental claims. Adjudicare's rules-based engine and leading-edge features ensure that claims are precisely adjudicated and paid in real-time, giving our partners' customers optimum flexibility, along with transparent disclosure on the benefit plan's financial performance.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Automated Benefits Corp.
Lucy De Oliveira
(416) 359-9339, ext. 1007
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