SEB Administrative Services Inc. ("SEB Admin") is a leading-edge group benefits company that specializes in benefit plan administration and claim processing services to Canadian and international markets. We are unique in that we own our fully-integrated technology environment, which allows benefit plans to be administered & adjudicated in one environment and where detailed reporting on benefit data is available in real time, subject only to privacy rules. SEB Admin's recently launched FlexPlus product is a new approach to flexible healthcare plans. Through it, we offer a wide range of flexible benefit solutions, designed to meet the needs of every possible client. SEB Admin's focus is on enhancing the value of plan member's benefits dollars without increasing costs. Our technology-driven benefit solutions are known to provide the most flexible automated plan designs in the industry. Their ultimate objective is to put more control of each healthcare dollar into the hands of the Plan Sponsor & Plan Member/Beneficiary. SEB Admin's fully-integrated technology platform manages & adjudicates all benefit types in one technology environment. Administration software is seamlessly integrated with adjudication & reporting, along with self-service functionality & data mining capability for customized reports. While the modules operate as a fully-integrated system, the administration & adjudication modules can operate stand-alone. Their detailed, real-time reporting functionality is optimum in the context of a total solution implementation. SEB Admin technology is deployed both domestically & internationally. Internationally, SEB Admin is a technology provider. In Canada, SEB Admin uses its technology platform to provide the most comprehensive in-house Third Party Administrator (“TPA”) services available today in the Canadian market. SEB Admin is a subsidiary of SEB Inc., listed on the TSX Venture Exchange (symbol: SEB).