Automated Benefits Corp.
TSX VENTURE : AUT

Automated Benefits Corp.

January 27, 2006 08:30 ET

Automated Benefits Inc. Signs Contract with Johnson Schock Lowden Inc.

EDMONTON, ALBERTA--(CCNMatthews - Jan. 27, 2006) -

(Not for dissemination in the United States of America)

Automated Benefits Corp. (TSX VENTURE:AUT) wholly owned subsidiary, Automated Benefits Inc. ("Autoben"), has signed a contract with Johnson Schock Lowden Inc. of Vaughan, Ontario, to facilitate medical and dental administration and adjudication to their group insurance clients using the ABI software operated by Autoben effective January, 2006.

"Autoben's automated claims adjudication system has enabled us to offer a variety of additional features and benefits to our large and small clients," states David Schock, Managing Director of Johnson Schock Lowden Inc. "We really like the overall layout of the product as well as the advanced reporting features. Being able to offer additional services will help to build bigger relationships with our clients so they know that Johnson Schock Lowden Inc. is the place to call for all of their insurance needs."

"We're pleased to have a benefit consultant of the caliber of Johnson Schock Lowden endorse Autoben by using the ABI system to manage their group client accounts," states James Swayze, Chief Executive Officer, Automated Benefits Corp. "The constant upgrades to our system not only allows customers like JSL to offer a broader array of services to their clients but also gain greater control of the adjudication process to ensure premier service."

About Johnson Schock Lowden

For more than 25 years, Johnson Schock Lowden Inc. (JSL) has provided its clients with quality consulting in creating specific employee health management and retirement programs. JSL's philosophy is to partner with its clients in the development of unique solutions that are tailored to their needs while offering the highest level of customer service. Employee Benefits is their only business and they are committed to turning what has come to be considered an entitlement into a sound investment.

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.

All trade names are the property of their respective owners.

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.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Automated Benefits Corp.
    James R. Swayze
    President and Chief Executive Officer
    (416) 399-8630