Automated Benefits Corp.
TSX VENTURE : AUT

Automated Benefits Corp.

June 22, 2010 10:05 ET

Automated Benefits Corp. Announces Voting Results of the Annual and Special Meeting of Shareholders

TORONTO, ONTARIO--(Marketwire - June 22, 2010) - Automated Benefits Corp. (the "Corporation") (TSX VENTURE:AUT) announces the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held on June 17, 2010 (the "Meeting"). The Corporation hereby advises of the following voting results obtained at the Meeting:

  • The election of the following persons, being nominees proposed by the management of the Corporation, as directors of the Corporation: James R. Swayze, G. Scott Paterson, Robert W. Tretiak, Robert Landry, R. Larry Binnion, and Timothy Stanley. On a show of hands, the resolution was carried.
  • The reappointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation for the ensuing year and the authorization of the directors to fix their remuneration. On a show of hands, the resolution was carried.
  • The resolution in the form included in the Information Circular ratifying the Corporation's amended and restated stock option plan. The resolution was carried by ballot.

About Automated Benefits Corp

Automated Benefits Corp., headquartered in Toronto, Ontario, is a software company dedicated to developing applications for the insurance industry. The Corporation currently has two subsidiaries, Automated Benefits Inc. and Symbility Solutions Inc.

Symbility Solutions automates property insurance claims through its two complementary components. Its award-winning Symbility Mobile Claims software is an estimating tool that increases speed, efficiency and accuracy by allowing on-site claims processing. Symbility Claims Connect is the collaborative workflow management tool that gives every claim participant real-time access to the claims they are working on. Symbility software solutions give users the mobility, speed and control needed to effectively and quickly move onto their next claim. 

Automated Benefits Inc. provides the Adjudicare software solution for the adjudication of health and dental claims. This software adjudicates claims in real time, providing clients with the highest level of flexibility available along with complete disclosure on the plan's financial performance. Automated Benefits Inc. enables clients to provide an additional level of value-added service in a very cost effective manner. The Adjudicare software supports the adjudication of health and dental claims through local insurance brokers across Canada.

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