Automated Benefits Inc.(R) ("Adjudicare"), a wholly-owned subsidiary of
Automated Benefits Corp.(R) (TSX VENTURE:AUT); providers of a web-based software
solution that enable insurance brokers and third party administrators across
Canada to adjudicate health and dental claims on behalf of their group benefit
clients, is pleased to announce the formalization of a multi-year agreement with
Automated Administration Services Inc. ("AAS"). Considered a pioneer in the TPA
marketplace, a charter member of the Third Party Administrators' Association of
Canada (TPAAC), and member of its' board of directors since its inception, AAS
has a strong market reputation of providing innovative benefit plan designs to
their valued clients since 1985. 


After a thorough evaluation process, AAS who have an extensive history of
developing their own successful third party administration software concluded
that the Adjudicare platform was the health and dental adjudication system of
choice for their organization. 


"We are excited to partner with the Adjudicare team, who have proven to be an
innovative, flexible and committed partner that will help us address the ever
changing needs of the TPA and general Canadian health insurance industry,"
states Keith Foot, President, AAS. "We believe that adding their application to
our current tools will give us the competitive-edge needed to continue to grow
our business." 


"We are extremely excited to be working with the AAS team in developing a
long-term strategic partnership," states Richard Adair, President, Adjudicare.
"With Keith's expertise and active involvement in TPAAC, he will be instrumental
in helping our organization develop and execute a roll-up strategy to provide
access to industry knowledge, best practices and infrastructure to our valued
partners." 


About Automated Benefits Corp. 

Automated Benefits Corp.(R) (TSX VENTURE:AUT) a progressive software company
dedicated to developing applications for the insurance industry. The
organization currently has two platforms: Adjudicare(R) and Symbility(R). 


Adjudicare is an advanced, practical web-based software solution used by a
network of Employee Benefits Brokers and Third Party Administrator partners
across Canada in the adjudication of health and dental claims. Adjudicare's
rules-based engine and leading-edge features ensure that claims are precisely
adjudicated and paid in real-time, giving our partners' customers optimum
flexibility, along with transparent disclosure on the benefit plan's financial
performance. 


Symbility Solutions is an innovative, easy-to-use, cloud-based claims processing
and estimating technology that optimizes claims performance for Property &
Casualty insurance industry. Relying on the most extensive and defendable
property cost data developed by Marshall & Swift/Boeckh ("MSB"), our
collaborative workflow management, mobile estimating, claims triage solutions
and analytical services allow insurers to reduce costs while delivering a
market-leading claims experience. Symbility Claims Solutions, used in
conjunction with MSB's Underwriting Solutions, means property insurers now have
a dynamic, market-driven enterprise solution. Providing a virtual feedback loop
between claims and underwriting systems, this enterprise solution allows
insurers to manage property risks more proactively and effectively.


All trade names are the property of their respective owners.

Austin Resources (TSXV:AUT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Austin Resources Charts.
Austin Resources (TSXV:AUT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Austin Resources Charts.