Automated Benefits Corp.
TSX VENTURE : AUT

Automated Benefits Corp.

October 12, 2006 11:24 ET

Automated Benefits Names Group Benefits Leader and Author to Executive Position

John Jackson appointed VP, Sales & Marketing to drive Autoben growth

TORONTO, ONTARIO--(CCNMatthews - Oct. 12, 2006) -

(Not for dissemination in the United States of America)

Automated Benefits Corp. (TSX VENTURE:AUT) is pleased to announce John Jackson as the newly appointed Vice President, Sales & Marketing of its wholly owned subsidiary, Automated Benefits Inc. (Autoben).

"Autoben has developed a tremendous application to assist group benefits practitioners in supporting the unique needs of their clients," states John Jackson, Vice President, Sales & Marketing of Automated Benefits Inc. "The market has been waiting for the combination of a user-friendly tool and a strong service commitment to help our clients across Canada improve customer service and gain greater control of their book of business."

Mr. Jackson is a senior professional with over 25 years of experience assisting organizations with the design and ongoing management of group benefit plans. Prior to joining Autoben, Mr. Jackson spent 10 years as National Partner for the benefits practice at KPMG LLP and another 5 years as Account Manager for global accounts for Watson Wyatt Worldwide. Mr. Jackson's career includes the development of a group benefit and pension advisory practice that saw him qualify for the Million Dollar Round table for 5 consecutive years.

Mr. Jackson co-authored "Canadian Group Insurance Benefits - A Practitioner's Guide", which forms part of the syllabus for the Canadian Employee Benefit Specialist (CEBS) designation, the oldest and most respected professional credential in the employee benefit and compensation field and "Canadian Group Benefits - A Practitioner's Guide" formerly part of the Professional Development requirements for LUAC, now Advocis, the Financial Advisors Association of Canada.

"I'm thrilled to have someone of John's caliber join the Autoben team," states James Swayze, Chief Executive Officer of Automated Benefits Corp. "His depth of knowledge in the employee benefits field and keen understanding of the market needs will help expand our product offering to a broader customer base."

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 26,000 employees across Canada.

All trade names are the property of their respective owners.

Except for historical information contained herein, this news release contains forwardlooking 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) 359-9339
    Website: www.autoben.com