Symbility Solutions Inc.

Symbility Solutions Inc.

October 28, 2013 08:00 ET

Symbility Signs Contract With Major International Restoration Network

TORONTO, ONTARIO--(Marketwired - Oct. 28, 2013) - 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, is pleased to announce that Rainbow International, a Dwyer Group, Inc. subsidiary focused on the restoration market with a worldwide franchise network operating in the United States and Canada, has signed a multi-year contract to use Symbility's cloud-based claims settlement technology.

Rainbow International's network of franchises will use Symbility Mobile Claims®, the industry's most intuitive smartphone and tablet-enabled field estimating application to create onsite estimates and, thanks to a water mitigation module integrated into Mobile Claims, Rainbow International's restoration professionals will be able to capture water mitigation data onsite, while validating equipment usage and drying methodology to the industry standard Institute of Inspection Cleaning and Restoration Certification ("IICRC") S500.

"The agreement that Rainbow International has with Symbility will allow us to be a significantly better service provider to property owners as well as the property insurance industry," said Rob White, President, Rainbow International. "Our Rainbow service technicians will collect and record key job data points while in the field and thereby optimize efficiencies within our operations as well as within the claim settlement cycle - both of which will provide substantial benefits to the property owner. Rainbow International looks forward to a continued long-term partnership with Symbility."

"By using Symbility's mobile technology, Rainbow International's franchisees will be able to process claims directly onsite while our water mitigation module will provide better control and increased efficiency during water remediation emergencies," commented James Swayze, CEO, Symbility Solutions. "We are honored that a restoration company with such a large number of franchises and global reach selected our cloud-based solutions to optimize their claims management process."

About Rainbow International®

Established in 1981, Rainbow International offers Restoration and Cleaning services through over 300 locations. Our restoration services cover fire damage restoration, water damage restoration, mold removal, smoke damage restoration, and more.

When disaster strikes you can rely on rapid and professional restoration service from Rainbow International. Our service locations are on call 24-hours a day, seven days a week. Rainbow International Franchisees are certified by the Institute of Inspection, Cleaning and Restoration Certification. The IICRC has served as the industry guardian for inspection, restoration and cleaning services for over 30 years.

Rainbow International is a subsidiary of The Dwyer Group, Inc., a worldwide franchise holding corporation supporting over 1100 franchisees in the United States and twenty-four foreign countries.

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 or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.

All trade names are the property of their respective owners.

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

Contact Information