Smart Employee Benefits Presenting at the Planet MicroCap Showcase 2022

Rhea-AI Summary

Smart Employee Benefits Inc. (SEBFF) announced CEO John McKimm will present at the Planet MicroCap Showcase 2022 on May 4, 2022, at 4:30 PM ET in Las Vegas. SEB currently manages over 370,000 plan members and is onboarding an additional 160,000 members in 2022. The company captures 18% of an estimated $300 million annual processing spend per member. Mr. McKimm aims to discuss growth opportunities and white-labeling strategies for SEB's solutions during the event.

Positive

• Management of over 370,000 plan members with an additional 160,000 onboarding in 2022.
• Captures 18% of an estimated $300 million annual processing spend, indicating potential for growth.

Negative

• None.

MISSISSAUGA, ON / ACCESSWIRE / May 3, 2022 / Smart Employee Benefits Inc. ("SEB" or the "Company") (TSXV:SEB) (OTCQB:SEBFF) a benefits administration technology company providing leading-edge, cloud based end-to-end IT and benefit processing software solutions and services, announces that President and CEO John McKimm will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas on Wednesday, May 4, 2022 at 4:30PM ET/1:30PM PT. Mr. McKimm will host in person, 1-on-1 investor meetings during the event.

"SEB has over 370,000 plan members under administration across blue chip, channel partner and government accounts and an additional 160,000 plan members in transition that will be onboarded in 2022," said Mr. McKimm. "Industry wide,the average annual processing spending per plan member is about $250. We currently capture approximately 18% of this spend across our 60 clients, but our solutions can capture significantly more of the $300 million that we estimate they spend annually. Today's capture reflects the average across more than 60 individual clients who may deploy one or more of the 25 modules in our FlexPlus processing environment. Beyond this, we believe our larger growth opportunity will come from continuing to white label our solutions with channel partners. I look forward to sharing more with investors at the Planet MicroCap Showcase."

To access Smart Employee Benefits' live presentation

Date: Wednesday, May 4, 2022
Time: 4:30PM Eastern Time / 1:30PM Pacific Time
Webcast: https://www.webcaster4.com/Webcast/Page/2862/45078

To book a meeting with Smart Employee Benefits

To book a 1-on-1 investor meeting with Smart Employee Benefits President and CEO John McKimm and to attend the Planet MicroCap Showcase 2022, please register at:

https://planetmicrocapshowcase.com/signup

If you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda":

https://planetmicrocapshowcase.com/agenda

About SNN.Network

SNN.Network is your multimedia financial news platform for discovery, transparency and due diligence. This is your one-stop hub to find new investment ideas, check in on watchlist, gather the most up-to-date information on the Small-, Micro-, Nano-Cap market with the goal to help you towards achieving your wealth generation goals. Follow the companies YOU want to know more about; read and watch content from YOUR favorite finance and investing influencers; create YOUR own watchlist and screen for ideas YOU'RE interested in; find out about investor conferences YOU want to attend - all here on SNN.Network.

If you would like to attend the Planet MicroCap Showcase, please register here:

https://planetmicrocapshowcase.com/signup

About Smart Employee Benefits Inc. ("SEB"):

SEB is an Insurtech company focused on Benefits Administration Technology driving two interrelated revenue streams - software/solutions and services. The Company is a proven provider of leading-edge IT and benefits processing software, solutions and services for the Life and Group benefits marketplace and government. We design, customize, build and manage mission critical, end-to-end technology, people and infrastructure solutions using SEB's proprietary technologies and expertise and partner technologies. We manage mission critical business processes for over 150 blue chip and government accounts, nationally and globally. Over 90% of our revenue and contracts are multi-year recurring revenue streams contracts related to government, insurance, healthcare, benefits and e-commerce. Our solutions are supported nationally and globally by over 600 multi-certified technical professionals in a multi-lingual infrastructure, from multiple offices across Canada and globally.

Our solutions include both software and services driven ecosystems including multiple SaaS solutions, cloud solutions & services, managed services offering smart sourcing (near shore/offshore), managed security services, custom software development and support, professional services, deep systems integration expertise and multiple specialty practice areas including AI, CRM, BI, Portals, EDI, e-commerce, digital transformation, analytics, project management to mention a few. The Company has more than 20 strategic partnerships/relationships with leading global and regional technology and consulting organizations.

Forward-looking statements:

Certain information in this release, may constitute forward-looking information. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS RELEASE REPRESENTS THE COMPANY'S CURRENT EXPECTATIONS AND, ACCORDINGLY, IS SUBJECT TO CHANGE. HOWEVER, THE COMPANY EXPRESSLY DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING INFORMATION, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED BY APPLICABLE LAW.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

All figures are in Canadian dollars unless otherwise stated.

Media and Investor Contact
John McKimm
President/CEO/CIO
Office (888) 939-8885 x 2354
Cell (416) 460-2817
john.mckimm@seb-inc.com

www.seb-inc.com

News Compliments of Accesswire

SOURCE: Smart Employee Benefits Inc. via SNN Network

View source version on accesswire.com:
https://www.accesswire.com/699908/Smart-Employee-Benefits-Presenting-at-the-Planet-MicroCap-Showcase-2022

FAQ

When will Smart Employee Benefits be presenting at the Planet MicroCap Showcase?

Smart Employee Benefits will present on May 4, 2022, at 4:30 PM ET.

What is the focus of Smart Employee Benefits presentation?

The presentation will focus on growth opportunities and white-labeling strategies for the company's solutions.

How many plan members does Smart Employee Benefits currently manage?

The company manages over 370,000 plan members.

What percentage of annual processing spend does Smart Employee Benefits currently capture?

Smart Employee Benefits currently captures 18% of the estimated $300 million annual processing spend.