Symbility Retains Virtus Advisory Group to Provide Corporate Communication Services

TORONTO, Nov. 1, 2016 /CNW/ - Symbility Solutions Inc. (the "Corporation") (TSX.V: SY), a global software company focused on modernizing the insurance industry, today announced that it has retained Virtus Advisory Group Inc. ("Virtus"), to develop and implement a strategic corporate communications program to increase Symbility's exposure among industry stakeholders and investors across Canada.

In connection with the engagement, Virtus has been awarded a one-year consulting contract effective Nov. 1, 2016 that includes a monthly fee of $7,500, plus HST. The Agreement is subject to the approval of the TSX Venture Exchange.

ABOUT VIRTUS ADVISORY GROUP

Virtus is a Toronto-based consulting firm, providing select private and publicly listed companies with business consulting, capital markets strategy and investor relations services. The company provides expert counsel and access to an unmatched network of investors and capital markets professionals across Canada and the United States. Virtus helps issuers establish the relationships and the investor confidence required to build long-term shareholder value. Visit www.virtusadvisory.com for more information.

ABOUT SYMBILITY

Symbility (TSX.V: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property and health industries, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY™ brings smarter thinking to property insurance. Symbility HEALTH™ helps benefits professionals build their brands and businesses. Our strategic services team, Symbility INTERSECT™ empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. With our three segments pushing industries forward, Symbility proves that change for the better is entirely possible. symbilitysolutions.com

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.

SOURCE Symbility Solutions Inc.

Image with caption: "Symbility Corporate Logo (CNW Group/Symbility Solutions Inc.)". Image available at: http://photos.newswire.ca/images/download/20161101_C8843_PHOTO_EN_808277.jpg

For further information: James R. Swayze, Chief Executive Officer, (647) 775-8603, jswayze@symbilitysolutions.com; Blair R. Baxter, Chief Financial Officer, (647) 775-8608, bbaxter@symbilitysolutions.com; Lucy De Oliveira, Global Marketing Director, (647) 775-8607, ldeoliveira@symbilitysolutions.com; Babak Pedram, Investor relations, (416) 644-5081, bpedram@virtusadvisory.com

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