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Symbility Signs Contract With Librestream Technologies

TORONTO, ONTARIO--(Marketwired - Jan. 13, 2014) - Symbility Solutions Inc.® (TSX VENTURE:SY)(OTCQX:ATBEF), provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry, is pleased to announce a contract with Librestream Technologies Inc.®, the leader in mobile video collaboration for the enterprise market. 

Librestream's Onsight Connect® video collaboration application will be integrated into Symbility's property claims workflow management solution Claims Connect®, and its smartphone and tablet-enabled field estimating application Mobile Claims®. This video collaboration solution will transform the way property damage is captured by encouraging customer self-service and providing live video support to field adjustors, minimizing the adjuster's physical presence onsite. Using Onsight, the desk adjuster will be able to capture details of the damaged property without leaving the office. Through a simple phone call to the customer or field adjustor's mobile device, the desk adjuster will be able to see the exact damage, visually document it and quickly process the claim. This live collaboration between smartphones, tablets, and desktops will further streamline the estimate cycle and allow Symbility's clients to achieve significant operational efficiencies.

"Our partnership with Symbility Solutions will provide the industry with an integrated video collaboration, field estimating and workflow management solution. This integrated solution streamlines how estimates are performed in the field, driving high value to the insurance industry," said Kerry Thacher, CEO, Librestream Technologies. "With Symbility's strong presence and reputation in the property and casualty industry globally, we expect this solution will rapidly gain more traction and visibility in the insurance vertical." 

"The fact that we are integrating with the leading provider of video collaboration is testament to Symbility's unrelenting dedication to innovation and best-of-breed technology solutions", stated James Swayze, CEO, Symbility Solutions. "There is no doubt that the addition of this state-of-the-art video capability to our robust cloud-based claims management and estimating platform will generate tremendous efficiency gains for our customers."

About Librestream Technologies

Librestream Technologies Inc. is the leader in developing innovative virtual presence solutions that help enterprises leverage expertise in the field. With its patented Onsight mobile video collaboration technology, enterprises can accelerate decisions and improve customer service performance by bringing experts into the field virtually. Librestream's Onsight system is deployed across fortune 500 organizations in a wide range of vertical segments such as manufacturing, energy, healthcare, insurance and public safety. For more information, visit www.librestream.com.

About Symbility Solutions Inc.

Symbility Solutions® (TSX VENTURE:SY)(OTCQX:ATBEF) is a global provider of cloud-based and smartphone/tablet-enabled claims technology for the property and health insurance industries. Designed to be flexible and easy-to-use, Symbility Solutions' two product suites, Symbility Property™ and Symbility Health™, empower insurers to collaborate across the entire claims processing workflow and reduce costs while delivering a market-leading claims experience. For more information please visit www.symbilitysolutions.com or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.

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 policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Lucy De Oliveira
Marketing Director
Symbility Solutions Inc.
(647) 775-8607
ldeoliveira@symbilitysolutions.com

James Swayze
CEO
Symbility Solutions Inc.
(647) 775-8600
jswayze@symbilitysolutions.com



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