SEB Smart Employee Benefits Inc

Smart Employee Benefits Inc. ("SEB" or "Company") (TSX VENTURE:SEB) is a
technology company 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."
SEB's wholly owned subsidiary, Somos Consulting Group Ltd., is pleased to
announce it has closed the acquisition of APS - Antian Professional Services
Inc. ("Antian"). The transaction terms are as follows:


TRANSACTION TERMS:

The total value of the Antian transaction was $682,183 subject to final working
capital adjustments post closing. Per the terms of the share purchase agreement,
Antian shareholders will receive the following:




1.  Cash: $357,701 
2.  Vendor Take Back Promissory Note ("VTB") in the principal amount of
    $324,482 paying interest at an annualized rate of 3% with quarterly
    principal repayments over a 5-year period. The VTB is convertible into
    SEB shares at any time at a value of $0.75 per SEB share during the term
    of the VTB. 



John McKimm, President and CEO of SEB states: "A key component of SEB's growth
strategy in 2014 is acquisitions. We continue to focus on acquisitions with
three objectives: (1) the acquisition of key client and vendor relationships in
both government and corporate sectors, (2) the acquisition of unique
technologies and expertise that enhance SEB's technology solutions and delivery
of services to select initiatives, particularly in healthcare, and (3)
expediting the path to consolidated profitability while expanding a strong base
of clients and sales to launch organic growth initiatives." 


Adam Jasek, EVP Acquisitions for SEB and President of SOMOS in Ottawa states:
"Antian adds to our growing Ottawa presence. This acquisition is in line with
our focus on deepening client relationships in government and healthcare. Antian
has a history of profitability and brings unique expertise that adds to the
suite of solutions and services that enhance SEB's healthcare initiatives in
both the private and government sectors."


ABOUT ANTIAN:

Antian is a turnkey communication and personnel service provider with more than
30 years experience with the private and public sectors. Antian offers personnel
placement, administrative and professional services, marketing and
communications, exhibits, conferences & events, promotional items and web
design, ebusiness, web hosting and other technical services. Antian has held a
Supply Arrangement for Event Management Services as well as an NMSO for Exhibit
Management Services for numerous years. Antian also holds a Temporary Help
Standing Offer and Supply Arrangement as well as TBIPS, TSPS, ProServices and
ATIP Standing offers with key Canadian Government Departments. Antian's clients
have included the Canadian Armed Forces and Department of National Defence, Via
Rail, CMHC, NRCan, PWGSC, CIDA, DFO and other Government organizations including
health related initiatives.


ABOUT SEB:

SEB is a technology company providing software, solutions and services
specializing in managing group benefit solutions and healthcare claims
processing environments for corporate and government clients. This is a $60.0
plus billion industry, of which over $37.0 billion relates to employee group
benefit plans and over $25.0 billion relates to other healthcare benefit claims
(e.g.: workers compensation claims, travel benefits, various federal and
provincial government programs, dental associations, drug associations, etc.) In
the employee group benefits industry, SEB operates a licensed third party
administrator ("TPA") and insurance broker utilizing its software platform to
provide "totally hosted PCI compliant supply chain solutions" for managing the
complete group benefits business processes between insurers, clients, brokers,
consultants, technology service providers and healthcare service providers. In
healthcare claims processing, SEB also operates as a systems integrator
utilizing its technology platform together with other technologies to provide
customized solutions for highly specialized environments (e.g.: travel claims,
etc.). The technology and expertise deployed in this healthcare area also allows
SEB to provide other related supply chain, systems integration and human
resource solutions and services to the same clients.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Smart Employee Benefits Inc.
John McKimm
President/Chief Executive Officer
(416) 460-2817
john.mckimm@seb-inc.com


Smart Employee Benefits Inc.
Shelly Frank
Vice-President, Marketing
(888) 939-8885 x 358
shelly.frank@seb-inc.com
www.seb-inc.com


First Canadian Capital Corp.
Dan Boase
416-742-5600 or 1-866-580-8891
dboase@firstcanadiancapital.com


First Canadian Capital Corp.
Eric Balog
416-742-5600 or 1-866-580-8891
ebalog@firstcanadiancapital.com

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