Symbility Solutions Grants Options to Independent Directors

TORONTO, ON -- (Marketwired) -- 01/19/16 --

Symbility Solutions Inc. ("Corporation") (TSX VENTURE: SY), a global software company dedicated to developing applications for the insurance industry, announced today that 300,000 options were granted to independent Directors in accordance with the Corporation's stock option plan. Each option entitles its holder to purchase one common share of the Corporation at a price $0.26 for a period of ten years from January 14, 2016. The options will vest at a rate of one third per annum on the anniversary date of the grant.

About Symbility Solutions® Inc.

Symbility Solutions (TSX VENTURE: SY) is a global provider of cloud-based and mobile-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. Symbility's mobile innovation division, BNOTIONS, focuses on the design and development of leading technologies in the areas of mobile, the Internet of Things (IoT), Machine-to-Machine (M2M), and wearables. For more information, please visit www.symbilitysolutions.com or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.

Neither 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.

All trade names are the property of their respective owners.

   
    Media Contacts:
    James R. Swayze Chief Executive Officer Symbility Solutions Inc. (647) 775-8601 [email protected] De Oliveira Global Marketing Director Symbility Solutions Inc. (647) [email protected] Contact: Blair R. Baxter Chief Financial Officer Symbility Solutions Inc. (647) [email protected]

Source: Symbility Solutions Inc.

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