Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), announced today that its subsidiaries, SOMOS Consulting Group Ltd. (“SOMOS”) and Logitek Technology Ltd. (“Logitek”) entered into credit facility arrangements with a leading Canadian Chartered Bank, including a revolving credit facility of $1,000,000, plus additional ancillary related facilities (the “Facility”) of approximately $200,000. The Facility was provided to SOMOS and Logitek and was guaranteed by SEB and SOMOS Information Technology Services Ltd. (“SOMOS IT”).

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is pleased to announce it intends to complete a private placement offering of up to $1,025,000 of units (the “Units”); with each Unit consisting of (i) a $1.00 principal amount convertible secured subordinated promissory note of SEB (the “Notes”) and (ii) one common share purchase warrant of SEB (the “Warrants”).

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services with specialty practices including managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients.

Smart Employee Benefits Inc. (“SEB” or “Company”) (TSX VENTURE:SEB), today reported its financial results for the three month period ending February 28, 2013.

Smart Employee Benefits Inc. (“SEB” or “Company”) (TSX VENTURE:SEB), today reported its financial results for the fourteen month period ending November 30, 2012.

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services with specialty practices including managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients.

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services with specialty practices including managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients. SEB’s Board of Directors approved a Memorandum of Agreement to acquire a 50% interest in the Inforica Group. Inforica Group will operate as an affiliate of SEB’s wholly owned subsidiary, QLogitek. Completion of the transaction is subject to final Closing documentation and applicable regulatory approval.

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in managing group benefit solutions and healthcare claims processing environments for corporate, government and non-profit clients. SEB announced a Memorandum of Agreement with the SOMOS Group of Companies (“SOMOS”) on January 9, 2013 whereby SOMOS was to be acquired by SEB (the “Transaction”). SEB has received TSX Venture Exchange approval for the Transaction and has now closed the Transaction.

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is pleased to announce it has closed an equity private placement of $1,106,000; consisting of units at a purchase price of $0.35 per unit, with each unit consisting of 1 common share of SEB and 1 common share purchase warrant of SEB (the “Share Purchase Warrant”). Each Share Purchase Warrant is exercisable for 1 common share of SEB at any time for a four year term from the date of closing at an exercise price of $0.50 in year one, $0.55 in year two, $0.65 in year three, and $0.75 in year four.

Smart Employee Benefits Inc. (“SEB”) (TSXV:SEB), is a technology company providing software, solutions and services specializing in “managing group benefit solutions and healthcare claims processing environments, managing human resource processes and requirements and automating business processes” for corporate, government and non-profit clients.  SEB is pleased to announce it has received final approval from the TSX Venture Exchange and has closed the acquisition of Logitek Technology Ltd. (“QLogitek”).