July 31, 2017 – Mississauga, ON
Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) has made significant progress during the first six months of fiscal 2017. States John McKimm, President/CEO/CIO of SEB, “The Company is currently tracking sales in the $110.0M range and has in excess of $500.0M of backlog, renewal and option year contracts with over 200 active clients. The Benefits Processing book of business has grown significantly. Benefits Processing sales are now tracking in excess of $12.0M up from $1.8M in fiscal 2016. The below transactions, which closed during the second quarter, have strengthened the Company’s balance sheet and positioned SEB for strong growth in the remainder of fiscal 2017 and into fiscal 2018.”
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