Smart Employee Benefits Inc.

TSX VENTURE : SEB


Smart Employee Benefits Inc.

April 28, 2014 11:36 ET

SEB Ranked as Canada's Top Growth Company in the ICT Sector by Branham Group

TORONTO, ONTARIO--(Marketwired - April 28, 2014) - Smart Employee Benefits Inc. (SEB) (TSX VENTURE:SEB) announced today that it has been ranked as Canada's top growth company by the Branham Group Inc. (Branham) in its 2014 Edition of the Branham300. As a leading industry research and strategic consulting company focused on the technology sector, Branham's annual directory highlights the top 300 Canadian and multinational Information and Communications Technology (ICT) companies operating in Canada. Along with being recognized with the number one spot in the Branham300's 'Top10 Growth Companies' category, SEB has also been named in the directory's 'Top 25 Canadian Up and Comer ICT Companies' and 'Top 250 Canadian ICT Companies' lists.

SEB has earned its leading position in the Branham300 based on its annual growth of 3233% for 2013. "We are honoured to be recognized for the aggressive growth that SEB has achieved in an effort to offer the most robust and innovative group benefits processing environment available in the Canadian healthcare industry," said Adam Jasek, EVP Strategic Business Development, Acquisitions and Joint Ventures at SEB. "SEB's growth plan for 2013 was acquisition-based and the clear progress that we have made in this regard has positioned us well for anticipated strong growth and sustainable profitability into the future."

The Branham300's list of the top up and coming ICT companies, in which SEB has also been included, is based on creativity and innovation, whether in a new technology area or as a result of optimizing existing technology in an innovative manner. Although SEB specializes in data management technologies with specialty practices in healthcare group benefits management, its competitive advantage is linked to its technology platform. "Our technology is what sets us apart in the healthcare industry since it brings together total business processing services for group benefit solutions and health claims processing on one fully-integrated technology environment," said John McKimm, CEO, President and CIO at SEB. "To be named one of Canada's top 25 up and coming ICT companies is a strong testament to our technology innovation."

Notably, several of SEB's subsidiaries have also been listed in the directory's top 250 list. This provides further recognition of the company's overall capabilities. "This is the first year SEB has made it into the top 250 but with such potential, this young company has a bright future and will be expected to be on the Branham300 for the foreseeable future," said Wayne Gudbranson, President and CEO of Branham Group.

To view the directory and for a full list of rankings, please visit: www.branham300.com.

ABOUT THE BRANHAM300: For 21 years, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry. The Branham300 list consists of the following major categories:

  • Top 250 Canadian ICT Companies
  • The Next 50 Canadian ICT Companies
  • Top 25 ICT Multinational Companies operating in Canada
  • Top 25 Up and Comer ICT Companies (category ranked on innovation/not revenue)

ABOUT BRANHAM GROUP INC.: Branham Group Inc. is a leading industry analyst and strategic marketing company servicing the global Information and Communication Technology (ICT) marketplace. Branham Group assists ICT Technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada (http://www.branham300.com) and monitors over 450 Digital Health vendors (http://www.branhamgroup.com/digitalhealth).

For more information regarding Branham Group, please visit http://www.branhamgroup.com.

Keep up to date with the Branham300 and Branham Group on twitter at @branhamgroup, through Branham's Newsletter, or RSS feed.

ABOUT SEB: SEB is a technology company providing software, solutions and services specializing in managing group benefit solutions and healthcare claims processing environments for corporate and government clients. This is a $60.0 plus billion industry, of which over $37.0 billion relates to employee group benefit plans and over $25.0 billion relates to other healthcare benefit claims (e.g.: workers compensation claims, travel benefits, various federal and provincial government programs, dental associations, drug associations, etc.) In the employee group benefits industry, SEB operates a licensed third party administrator ("TPA") and insurance broker utilizing its software platform to provide "totally hosted PCI compliant supply chain solutions" for managing the complete group benefits business processes between insurers, clients, brokers, consultants, technology service providers and healthcare service providers. In healthcare claims processing, SEB also operates as a systems integrator utilizing its technology platform together with other technologies to provide customized solutions for highly specialized environments (e.g.: travel claims, etc.). The technology and expertise deployed in this healthcare area also allows SEB to provide other related supply chain, systems integration and human resource solutions and services to the same clients.

Forward-Looking Statements

This news release is intended for information purposes only. Statements made in this news release may contain "forward looking" information about the company's future business prospects. These statements while expressed in good faith and believed to have a reasonable basis - are subject to risk and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward looking statements. Investors should consult a professional advisor before making any investment decision.

For further information about SEB, please visit www.seb-inc.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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