Automated Benefits Corp.

Automated Benefits Corp.

March 22, 2005 11:34 ET

Automated Benefits Corp. Enters into Contract with the Morris Truscott Financial Services


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AUTOMATED BENEFITS CORP.

TSX VENTURE SYMBOL: AUT

MARCH 22, 2005 - 11:34 ET

Automated Benefits Corp. Enters into Contract with the
Morris Truscott Financial Services

TORONTO, ONTARIO--(CCNMatthews - March 22, 2005) - Automated Benefits
Corp. (TSX VENTURE:AUT) is pleased to announce that its wholly owned
subsidiary, Automated Benefits Inc. ("Autoben") has entered into an
arrangement with the Morris Truscott Financial Services of Smithers,
British Columbia, whereby they intend to offer medical and dental
administration and adjudication to their group insurance clients using
the ABI software operated by Autoben.

"We're really excited about the opportunity the new Autoben software
offers. Our feeling is that it provides the ability for small and medium
sized employers to effectively receive the cost savings that
Administrative Services Only contracts give to large employers. We see
this as a tremendous competitive advantage," states Larry Truscott,
President of Morris Truscott Financial Services.

"Autoben is excited to expand its customer base of top quality group
insurance brokers by adding Morris Truscott Financial Services," states
James Swayze, Chief Executive Officer of Automated Benefits Corp., "our
team is continuously working on new upgrades to ABI to attract a diverse
customer base with varying needs from both a product design to
geographic and regulatory perspective."

About Morris Truscott Financial Services

Located in Smithers, BC, Morris Truscott Financial Services is a diverse
company with three main areas of concentration: investments, risk
products, and group life & health insurance. With specialization in
small to medium sized employers, Morris Truscott is a
"solutions-oriented" company proudly serving the Pacific Northwest.

About Automated Benefits Corp.

The Corporation is a software company dedicated to applications for the
insurance industry. The Corporation currently has two subsidiaries,
Autoben and Symbility.

Symbility has developed the Symbility mobile claims system, focusing
principally on residential and commercial property claims estimation for
use by insurance company adjusters and independent contractors. With
offices in Waterloo, Ontario and Montreal, Quebec, the Symbility mobile
claims system has begun pilot launches with Allstate Insurance Company
of Canada and Economical Insurance Group. Upon successful completion of
its Canadian pilots, Symbility intends to expand its sales efforts of
the Symbility mobile claims system in the United States and Europe.

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 approximately 20,000 employees
across Canada.

(Not for dissemination in the United States of America)

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Automated Benefits Corp.
    James R. Swayze
    President and Chief Executive Officer
    (416) 399-8630
    The TSX Venture Exchange Inc. does not accept responsibility for the
    adequacy or accuracy of this release.