Press Releases

2015

SEB launches seb analytics to add predictive modeling and analytics capabilities to its suite of offerings

September 8, 2015 – Mississauga, ON

Banyan Work Health Solutions Inc. (“Banyan”), a member of the Smart Employee Benefits Inc. Group of Companies (“SEB”) (TSX VENTURE:SEB), has incorporated SEB Analytics Inc. with Polon Analytics Inc. Through SEB Analytics Inc., SEB will add predictive modeling and advanced analytics capabilities to its suite of offerings to provide customers with solutions that enable data-driven decisions that optimize pricing and underwriting, disability management and healthcare fraud detection.

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2015

SEB reports second quarter 2015

July 30, 2015 – Mississauga, ON

Smart Employee Benefits Inc. (“SEB” or “Company”) (TSX VENTURE:SEB) is pleased to report its second consecutive positive quarter since being founded in January, 2011. The results support SEB’s strategic direction of penetrating the $60 billion “Health Benefits” business in Canada.

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2015

SEB reports profitable first quarter 2015

April 30, 2015 – Mississauga, ON

Smart Employee Benefits Inc. (“SEB” or Company”) (TSX VENTURE:SEB) is pleased to report its first profitable quarter and positive EBITDA since being founded in January, 2011. During its initial years, SEB focussed its efforts on developing SAAS-based software solutions and a SAAS/BPO business model, with a major emphasis on the $60 billion “Health Benefits” business in Canada. SEB has completed more than 9 acquisitions and joint ventures in the past 24 months that have resulted in a national network of offices and professionals across Canada, a presence in the UAE, India and Australia, and a profitable, sustainable sales base in excess of $60.0 million.

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2015

SEB reports financial results for the year ending November 30, 2014

April 2, 2015 – Mississauga, ON

Smart Employee Benefits Inc. (“SEB” or “Company”) (TSX VENTURE:SEB) is pleased to report its financial results for the year ending November 30, 2014. Ranked in April, 2014 as Canada’s top growth company in the ICT sector by Branham Group, SEB offers a full suite of technology-enabled services and solutions to its geographically diverse clientele. Clients are able to leverage project and consulting expertise, proprietary software offerings, group benefit administration and claims adjudication, auxiliary health administration services and information technology training and licensing.

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2015

SEB closes $8,775,000 of new senior credit facilities

March 10, 2015 – Mississauga, ON

March 10, 2015 - TORONTO, ON - Smart Employee Benefits Inc. (“SEB” or the “Corporation”) (TSX VENTURE:SEB), is pleased to announce the closing of new credit facilities with a major Canadian Schedule I bank in the amount of $8,775,000. The credit facilities were obtained by Paradigm Consulting Group Inc. (“Paradigm”) and SOMOS Consulting Group Ltd. (“SOMOS”), both wholly owned subsidiaries of SEB.

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2015

SEB completes acquisition of paradigm consulting group inc. and PCGI Consulting Services partnership

March 6, 2015 – Toronto, ON

Consolidates SEB’s Presence in Western Canada

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is pleased to announce that its indirect wholly owned subsidiary, 101270941 Saskatchewan Ltd., has acquired all of the issued and outstanding shares of Paradigm Consulting Group Inc. and all of the issued and outstanding units, directly and indirectly, of PCGI Consulting Services Partnership (collectively referred to as “Paradigm”).

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2015

SEB closes “seb benefits & hr consulting inc.” investment

February 11, 2015 – Toronto, ON

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB) is pleased to announce it has closed its investment in “SEB Benefits & HR Consulting Inc.” (“SEBCON”), which owns the consulting practices of Joseph Ricciuti, Paul Serafini, Julie Holden and Sandra Routledge (collectively, the “Operating Shareholders”). SEB has acquired 50% of the issued and outstanding shares of SEBCON with the Operating Shareholders owning the other 50%. SEBCON operates as a consulting company providing innovative services and solutions for corporate and government clients in the areas of Group and Health Benefits, Retirement Plans and Human Resources.

2015

SEB acquires Paradigm Consulting Group Inc. and PCGI Consulting Services partnership

January 29, 2015 – Toronto, ON

Expands SEB’s Presence in Western Canada

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB) is pleased to announce that its indirect wholly owned subsidiary, 101270941 Saskatchewan Ltd., has acquired all of the issued and outstanding shares of Paradigm Consulting Group Inc. and all of the issued and outstanding units, directly and indirectly, of PCGI Consulting Services Partnership (collectively referred to as “Paradigm”).

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