Automated Benefits Corp. Announces Voting Results of the Annual and Special Meeting of Shareholders
08 June 2011 - 12:25AM
Marketwired
Automated Benefits Corp. (the "Corporation") (TSX VENTURE: AUT)
announces the voting results of the Annual and Special Meeting of
Shareholders of the Corporation that was held on June 2, 2011 (the
"Meeting"). The Corporation hereby advises of the following voting
results obtained at the Meeting:
-- The election of the following persons, being nominees proposed by the
management of the Corporation, as directors of the Corporation: R. Larry
Binnion, Robert Landry, G. Scott Paterson, Timothy Stanley, James R.
Swayze and Robert W. Tretiak. On a show of hands, the resolution was
carried.
-- The reappointment of Ernst & Young LLP, Chartered Accountants, as
auditors of the Corporation for the ensuing year and the authorization
of the directors to fix their remuneration. On a show of hands, the
resolution was carried.
-- The resolution in the form included in the Information Circular
ratifying the Corporation's amended and restated stock option plan. On a
show of hands, the resolution was carried.
About Automated Benefits Corp.
Automated Benefits Corp., headquartered in Toronto, Canada, is a
software company dedicated to developing applications for the
insurance industry in North America and Europe. The Corporation
currently has two platforms: Symbility and Adjudicare.
Symbility automates property insurance claims through its three
complementary software components which afford users the mobility,
speed and control needed to efficiently and quickly move onto the
next claim. Symbility Claims Connect is the collaborative workflow
management tool that gives every claim participant real-time access
to the claims they are working on. Symbility Inside Adjuster is an
integrated application designed to streamline the first notice of
loss process which leads to faster settlement of claims. Symbility
Mobile Claims software is an estimating tool that increases speed,
efficiency and accuracy by allowing on-site claims processing.
Adjudicare is web-based software solution which enables
insurance brokers and third party administrators across Canada to
adjudicate health and dental claims on behalf of their group
benefit clients. Adjudicare's software accommodates flexible plan
designs and real-time payment of claims which allows our partners
to provide a high level of service while managing the costs of
their client's benefits plans.
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 the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Automated Benefits Corp. James R. Swayze Chief
Executive Officer (416) 359-9339, ext. 1003
jswayze@automatedbenefits.com Automated Benefits Corp. Richard D.
Adair Chief Financial Officer/Chief Operating Officer (416)
359-9339, ext. 1002 radair@automatedbenefits.com
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