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Santeon and Sentric Partner to Deliver Automated Benefit Carrier Connections(Marketwire Via Acquire Media NewsEdge) RESTON, VA -- (Marketwire) -- 10/19/12 -- Santeon Group, Inc. (OTCBB: SANT) and Sentric, Inc., today announced they have partnered to deliver secure, automated electronic benefit carrier communications to the SentricWorkforce client base. The Santeon eBenefits Network ("eBN") is a leading provider of automated benefits carrier connectivity services in the U.S. With eBN, employers gain the benefits of on-time and error-free enrollment updates, including elimination of error-related premium costs, an improved employee benefit usage experience, and reduction of human resources and information technology workloads. eBN's innovative, cloud-based, transactional business process automation ("BPA") approach can integrate with virtually any employer benefits management system and provide immediate employer access to eBN's ever-growing network of over 200 group benefits providers, including health plans, group voluntary benefits, 401k, FSA, COBRA administrators and others. "Today, there is significant and increasing interest by employers of all sizes in automating the communication between internal benefits enrollments systems and benefits carriers," said Tom Tillman, General Manager of the Santeon eBenefits Network. "We are pleased to be partnering with Sentric to help meet this demand for their clients." Sentric's CEO, Mike Maggs, stated, "Our solutions-centric approach ensures that our clients get much more than software -- they get focused solutions that enhance workforce management from recruitment through retirement. Carrier connectivity is an important component within the employee life cycle that provides our clients with important benefits administration control and assurance. We are excited to now offer our clients Santeon's eBenefits Network connectivity, tightly integrated within SentricWorkforce ™." About Santeon Group, Inc.Santeon Group, Inc. is a technology company headquartered in Northern Virginia with offices in Reston, VA, Tampa, FL, Cairo, Egypt and Pune, India. Santeon offers products and services in Agile training and transformation, healthcare and media. Santeon's goal is to serve emerging markets by providing technically superior products and solutions while reducing the cost of ownership and deployment of these solutions through a strong channel partner and distribution model. For more information please visit our web site at http://www.santeon.com. About Sentric, Inc.When Sentric began operations in Pittsburgh in 1994, the mission was clear: provide state-of-the-art technology with unmatched client service. Since its inception, Sentric, Inc. has evolved into a national workforce management solutions provider to more than 2,500 organizations, featuring rich technology coupled with a client-centric solutions approach to ensuring service excellence. For more information on Sentric solutions, visit http://www.sentric.net/. Safe Harbor Statement:The preceding press release may include, among others, forward-looking statements regarding our beliefs, plans, objectives, goals, expectations, estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. The words "may", "could", "should", "would", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target", "goal" and similar expressions are intended to identify forward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties. Our actual future results may differ materially from those set forth in the forward-looking statements. Our ability to achieve our financial objectives could be adversely affected by many factors, including, without limitation, the following factors: the strength of the United States economy, changes in securities markets legislative or regulatory changes, the loss of key personnel, the loss of key vendors, technological changes, changes in customer habits, changes in vendor habits, services or policies, our ability to manage these and other risks, and our ability to deliver products and services on time. However, other factors besides those listed above could adversely affect our results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. These forward-looking statements are not guarantees of future performance, but reflect the present expectations of future events by our management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Any forward-looking statements made by us speak only as of the date they are made. We do not undertake to update any forward-looking statement, except as required by applicable law. For additional information about Santeon's future business and financial results, refer to Santeon's Annual Report on Form 10-K that may be found at sec.gov or on http://santeon.com/Sec_Filings.html. Santeon undertakes no obligation to update any forward-looking statements that may be made from time to time by the company, whether as a result of new information, future events or otherwise. Press contacts: Tom Tillman Santeon Group, Inc. 703-970-9200 ext. 117 [email protected] Tracy Null Sentric, Inc. 412-253-1315 [email protected] Source: Santeon Group, Inc. |