SEB Acquisition of Stroma

SEB Acquisition of Stroma
  
 

TORONTO, ONTARIO--(Marketwired - May 7, 2014) - Smart Employee Benefits Inc. ("SEB") (TSX-VENTURE:SEB), advises that it is in the process of completing the acquisition of 100% of Stroma Service Consulting Inc.

SEB described on April 28, 2014, in its continuous disclosure filings for the quarter ending February 28, 2014, the intended acquisition of 100% of Stroma Service Consulting Inc.

SEB advises that it is proceeding to close the acquisition and expects to complete the transaction shortly, subject to regulatory approval.

SEB Overview

SEB is a technology company with two divisions, the Benefits Division and the Technology Division, providing business processes software, solutions and services to corporate and government clients with specialty practices focused on managing group benefit solutions and health claims processing environments. The core expertise of the SEB Group of Companies is managing and reporting on Big Data, including transaction processing in complex global Supply Chain environments. This expertise is uniquely adaptable to the "Benefits" and "Health-Care" industries.

Forward-Looking Statements

This news release is intended for information purposes only. Statements made in this news release may contain "forward looking" information about the company's future business prospects. These statements while expressed in good faith and believed to have a reasonable basis are subject to risk and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward looking statements. Investors should consult a professional advisor before making any investment decision.

For further information about SEB, please visit www.seb-inc.com.

Neither the 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. 100% of Stroma Service Consulting Group Inc.

Smart Employee Benefits Inc.John McKimmPresident/Chief Executive Officer(416) [e-mail] Employee Benefits Inc.Shelly FrankVice-President, Marketing(888) 939-8885 x [e-mail] Canadian Capital Corp.Dan Boase416-742-5600 or [e-mail] Canadian Capital Corp.Eric Balog416-742-5600 or [e-mail]