Automated Benefits Corp.

Automated Benefits Corp.

November 14, 2007 08:00 ET

Automated Benefits Surpasses $100,000,000 in Paid Claims

TORONTO, ONTARIO--(Marketwire - Nov. 14, 2007) - Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce that its wholly owned subsidiary Automated Benefits Inc., ("Autoben") has surpassed $100 million in cumulative claims paid through the Autoben system. Revenue for Autoben is tied directly to the volume of health and dental claims adjudicated and paid through the system, in addition to transaction revenue from drug cards and premium revenue from insurance products.

"This is a significant milestone in the growth and development of Autoben," states John Jackson, President, Automated Benefits Inc. "The Autoben system has been entrusted by employer groups and benefit program providers across the country to handle millions of dollars paid to tens of thousands of employees for their health and dental claims. The credibility of our system grows with every dollar processed."

Jackson further states that, "Considering the Canadian market is approximately $11 billion annually for self-insured medical and dental benefits, Autoben has enormous room to grow organically and this milestone will help encourage confidence in new customers."

About Automated Benefits Corp. and Symbility Solutions

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, Autoben and Symbility.

Based in Toronto, Autoben provides a software solution for the adjudication of Health and Dental claims. This software adjudicates claims in real time while providing their clients with the highest level of flexibility available and complete disclosure on the plan's financial performance. Autoben enables their clients to provide an additional level of value-added service in a very cost effective manner. The Autoben software supports the adjudication of Health and Dental claims through the local insurance broker for over 35,000 employees across Canada.

Symbility Solutions ( 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.

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.

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