February 18, 2014 08:00 ET
TORONTO, ONTARIO--(Marketwired - Feb. 18, 2014) - Symbility Solutions Inc.® (TSX VENTURE:SY)(OTCQX:ATBEF), provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry, today announced that 300,000 options were granted to the Board of Directors of the Corporation in accordance with the Corporation's stock option plan. Each option entitles its holder to purchase one Common Share at a price of $0.31 per Common Share for a period of ten years from the date of grant. The options will vest in three equal tranches with one-third vesting the first anniversary of the grant date, one-third vesting on the second anniversary of the grant date, and one-third vesting on the third anniversary of the grant date.
About Symbility Solutions Inc.
Symbility Solutions® (TSX VENTURE:SY)(OTCQX:ATBEF) is a global provider of cloud-based and smartphone/tablet-enabled claims technology for the property and health insurance industries. Designed to be flexible and easy-to-use, Symbility Solutions' two product suites, Symbility Property™ and Symbility Health™, empower insurers to collaborate across the entire claims processing workflow and reduce costs while delivering a market-leading claims experience. For more information please visit www.symbilitysolutions.com or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.
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Symbility Solutions Inc.Lucy De OliveiraMarketing Director(647) firstname.lastname@example.orgSymbility Solutions Inc.James SwayzeCEO(647) email@example.com
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