FOR
THE THIRD CONSECUTIVE YEAR, FORTUNE SMALL BUSINESS MAGAZINE
RANKS EBIX AMONGST THE HUNDRED FASTEST GROWING PUBLIC
COMPANIES IN AMERICA.
ATLANTA, GA – June 27, 2007 — FORTUNE Small
Business announced today that Ebix, Inc. (NASDAQ: EBIX
- News) has been ranked 55th on the sixth annual FSB
100 list of the fastest growing small public companies
in America. The list, which is comprised of public companies,
appears in the July/August 2007 issue of FORTUNE Small
Business and is available at www.FSB.com.
This is the third year in the running that Ebix has
made it to this coveted list of fastest growing small
companies. To compile the sixth annual list, FORTUNE
Small Business asked financial research firm Zacks to
rank public companies with revenues less than $200 million
and a stock price of more than $1, based on their percentage
growth in earnings, revenue, and stock performance over
the past three years.
Ebix was ranked amongst the top ten companies nationally
in the tech sector by the magazine. The company also
had the honor of being one of the three companies from
the state of Georgia to have made it to the prestigious
list.
About Ebix
A CMMI 5 Company, Ebix, Inc. is a leading international
supplier of software and e-commerce solutions to the
insurance industry. Ebix provides a series of application
software products for the insurance industry ranging
from carrier systems, agency systems and exchanges to
custom software development for all entities involved
in the insurance and financial industries.
Ebix strives to work collaboratively with clients to
develop innovative technology strategies and solutions
that address specific business challenges. Ebix combines
the newest technologies with its capabilities in consulting,
systems design and integration, IT and business process
outsourcing, applications software, and Web and application
hosting to meet the individual needs of organizations.
With sixteen offices spread across the United States,
United Kingdom, Singapore, Australia, New Zealand, India
and Canada, Ebix employs insurance and technology professionals
who provide products, support and consultancy to more
than 3,000 customers on six continents. Ebix's focus
on quality has enabled its development unit in India
to be awarded Level 5 status of the Carnegie Mellon
Software Engineering Institute's Capability Maturity
Model Integrated (CMMI). Ebix has also earned ISO 9001:2000
certification for both its development and call center
units in India. For more information, visit the Company's
Web site at www.ebix.com.
ATLANTA
JOURNAL-CONSTITUTION RANKS EBIX 12TH AMONGST THE TOP 100
PERFORMING PUBLIC COMPANIES IN GEORGIA
ATLANTA, GA – May 22, 2007 — Ebix (NASDAQ:
EBIX - News) announced today has been ranked 12th amongst
the Top 100 Performing Public companies in Georgia by
Atlanta Journal-Constitution in its annual performance
score board for 2006. The list, which is comprised of
public companies, appeared in the May 20th 2007 issue
of Atlanta Journal-Constitution and is available at
www.AJC.com.
The performance scoreboard and rankings were compiled
for the AJC by PricewaterhouseCoopers LLP. Companies
were ranked by PricewaterhouseCoopers LLP based on five
weighted variables: annual revenue, year-over-year revenue
change, return on equity, annual change in profit margin
in fiscal 2006 and total return on investment (share
price change plus reinvested dividends) for calendar
2006. Each company was ranked in each category and the
total calculated to determine the final score.
Ebix spokesperson said, “We are humbled to be
rated 12th in the performers list ahead of multi-billion
dollar public companies from Georgia. This ranking is
rather meaningful to us as it compares public companies
on all round performance in 2006.”
About Ebix
A CMMI 5 Company, Ebix, Inc. is a leading international
supplier of software and e-commerce solutions to the
insurance industry. Ebix provides a series of application
software products for the insurance industry ranging
from carrier systems, agency systems and exchanges to
custom software development for all entities involved
in the insurance and financial industries.
Ebix strives to work collaboratively with clients to
develop innovative technology strategies and solutions
that address specific business challenges. Ebix combines
the newest technologies with its capabilities in consulting,
systems design and integration, IT and business process
outsourcing, applications software, and Web and application
hosting to meet the individual needs of organizations.
With sixteen offices spread across the United States,
United Kingdom, Singapore, Australia, New Zealand, India
and Canada, Ebix employs insurance and technology professionals
who provide products, support and consultancy to more
than 3,000 customers on six continents. Ebix's focus
on quality has enabled its development unit in India
to be awarded Level 5 status of the Carnegie Mellon
Software Engineering Institute's Capability Maturity
Model Integrated (CMMI). Ebix has also earned ISO 9001:2000
certification for both its development and call center
units in India. For more information, visit the Company's
Web site at www.ebix.com.
Crain's
Business Weekly Names Ebix One of Top 10 Fastest Growing
Public Companies in Greater Chicago Wednesday October
11, 11:40 am ET
ATLANTA--(BUSINESS WIRE)--Ebix,
Inc. (NASDAQ: EBIX
- News),
a leading international developer and supplier of software
and e-commerce solutions to the insurance industry,
today announced that it has been named one of the top
ten fastest growing public companies in the Greater
Chicago area by Crain's Business.
Crain's Business ranked Ebix tenth
in its list of fastest growing public companies, which
is based on 3-year revenue growth rate and 3-year net
income growth rate.
Crain's reported that information
to compile the list was provided by Standard & Poor's,
a division of McGraw-Hill Cos, while the companies were
drawn from Crain's list of the area's largest publicly
held companies, published on May 15, 2006. The complete
is available online at http://www.chicagobusiness.com.
This is the second time Ebix has
been recognized by a leading business magazine in recent
months. Earlier this year, Ebix placed 19th on the sixth
annual FORTUNE Small Business 100 list of the fastest
growing small public companies in America for 2006.
About Ebix
Ebix, Inc. is a leading international
supplier of software and e-commerce solutions to the
insurance industry. Ebix provides a series of application
software products for the insurance industry ranging
from carrier systems, agency systems and exchanges to
custom software development for all entities involved
in the insurance and financial services industries.
Ebix strives to work collaboratively
with clients to develop innovative technology strategies
and solutions that address specific business challenges.
Ebix combines the newest technologies with its capabilities
in consulting, systems design and integration, IT and
business process outsourcing, applications software,
and Web and application hosting to meet the individual
needs of organizations.
With bases in Singapore, Australia,
the US, New Zealand, India and Canada, Ebix employs
insurance and technology professionals who provide products,
support and consultancy to more than 3,000 customers
on six continents. Ebix's focus on quality has enabled
it be awarded Level 5 status of the Carnegie Mellon
Software Engineering Institute's Capability Maturity
Model (CMM). Ebix has also earned ISO 9001:2000 certification
for both its development and call center units in India.
For more information, visit the Company's website at
www.ebix.com.
Fortune
Small Business Magazine Ranks Ebix amongst the Top Twenty
Fastest Growing Public Companies in America Wednesday June 28,
9:20 am ET
ATLANTA, GA - June 28, 2006 - FORTUNE
Small Business announced today that Ebix, Inc. (NASDAQ:
EBIX
- News)
has been ranked 19th on the sixth annual FSB 100 list
of the fastest growing small public companies in America.
The list, which is comprised of public companies, appears
in the July/August 2006 issue of FORTUNE Small Business
and is available at www.FSB.com.
This is the second year in the running
that Ebix has made it to this coveted list of fastest
growing small companies, though the 2006 ranking of
19th is a substantial improvement over its 83rd ranking
in 2005.
To compile the sixth annual list,
FORTUNE Small Business asked financial research firm
Zacks to rank public companies with revenues less than
$200 million and a stock price of more than $1, based
on their percentage growth in earnings, revenue, and
stock performance over the past three years.
FORTUNE Small Business also ranked
Ebix 9th in terms of return on investment, with Ebix's
3-year average annual return being 96.6%. Ebix has also
been ranked 43rd for earning per share growth and 51st
for revenue growth in the list.
Robin Raina, chairman and chief
executive officer of Ebix, Inc. said, "It is exciting
to be ranked amongst the fastest growing companies by
a reputed independent source. We feel privileged and
honored to have made it to the coveted list of top twenty
fastest growing companies in the list."
Robin added, "We are pleased that
our focus on proportionate income and revenue growth,
coupled with investor recognition of our efforts has
improved our FSB 100 ranking from 83rd in 2005 to 19th
in 2006. We are humbled and even more determined about
continuing our efforts to grow the company intelligently,
having made it to the list for the second consecutive
year."
About Ebix
A CMMI 5 Company, Ebix, Inc. is
a leading international supplier of software and e-commerce
solutions to the insurance industry. Ebix provides a
series of application software products for the insurance
industry ranging from carrier systems, agency systems
and exchanges to custom software development for all
entities involved in the insurance and financial industries.
Ebix strives to work collaboratively
with clients to develop innovative technology strategies
and solutions that address specific business challenges.
Ebix combines the newest technologies with its capabilities
in consulting, systems design and integration, IT and
business process outsourcing, applications software,
and Web and application hosting to meet the individual
needs of organizations.
With sixteen offices spread across
the United States, United Kingdom, Singapore, Australia,
New Zealand, India and Canada, Ebix employs insurance
and technology professionals who provide products, support
and consultancy to more than 3,000 customers on six
continents. Ebix's focus on quality has enabled its
development unit in India to be awarded Level 5 status
of the Carnegie Mellon Software Engineering Institute's
Capability Maturity Model Integrated (CMMI). Ebix has
also earned ISO 9001:2000 certification for both its
development and call center units in India. For more
information, visit the Company's Web site at www.ebix.com.
Ebix
Wins Three Prestigious ACORD Awards Thursday May 25
ATLANTA, GA - May 25, 2006 - Ebix,
Inc. (NASDAQ: EBIX), a leading international developer
and supplier of software and e-commerce solutions to
the insurance industry, today announced that it has
received three awards from the premier insurance standards
making body ACORD, recognizing its leadership in multiple
areas.
Ebix received the following three
awards at the invitation-only ACORD Awards Luncheon
held at the Mandalay Bay Resort, Las Vegas, NV on Monday,
May 22, 2006:
AL3/XML Data Transformation Award
Business Integration Enabler Award - External
Web Services/SOA Award
Denise Garth, Vice President,
Membership & Development, ACORD said, "We are honored
to present your company with these awards in recognition
of your leadership in standards adoption. Your company
is setting an example for the rest of the industry
that we hope inspires others to join ACORD and begin
their work with data standards."
About Ebix
A CMMI 5 Company, Ebix, Inc. is
a leading international supplier of software and e-commerce
solutions to the insurance industry. Ebix provides
a series of application software products for the
insurance industry ranging from carrier systems, agency
systems and exchanges to custom software development
for all entities involved in the insurance and financial
industries.
Ebix strives to work collaboratively
with clients to develop innovative technology strategies
and solutions that address specific business challenges.
Ebix combines the newest technologies with its capabilities
in consulting, systems design and integration, IT
and business process outsourcing, applications software,
and Web and application hosting to meet the individual
needs of organizations.
With bases in United Kingdom,
Singapore, Australia, the US, New Zealand, India and
Canada, Ebix employs insurance and technology professionals
who provide products, support and consultancy to more
than 3,000 customers on six continents. Ebix's focus
on quality has enabled its development unit in India
to be awarded Level 5 status of the Carnegie Mellon
Software Engineering Institute's Capability Maturity
Model Integrated (CMMI). Ebix has also earned ISO
9001:2000 certification for both its development and
call center units in India. For more information,
visit the Company's Web site at www.ebix.com.
Ebix
Becomes the Only Insurance Software Services Company Worldwide
to Receive Carnegie Mellon's Highest CMMI Level 5 Certification Wednesday December
14, 2005
ATLANTA--(BUSINESS WIRE)--Dec. 14,
2005--Ebix, Inc. (NASDAQ: EBIX
- News),
a leading international developer and supplier of software
and e-commerce solutions to the insurance industry,
today announced that it has achieved the coveted SEI-
CMMI Level 5 certification, the highest level of the
Capability Maturity Model Integrated (CMMI) of the Software
Engineering Institute (SEI) at Carnegie Mellon University.
Ebix is the only global insurance software services
player in the world to have this unique certification.
CMMI Level 5 is the highest certification
of software engineering excellence that can be achieved.
CMMI levels are increasingly used by IT groups of companies
to evaluate the potential for their software services
suppliers to produce quality products on time and within
budget.
"Achieving Level 5 acknowledges
Ebix's ability to offer the highest possible value to
customers by providing better requirement specification,
more powerful design evaluation, and enhanced quantitative
project management techniques," Ebix President and Chief
Executive Officer Robin Raina, stated. "As the framework
assesses an organization's ability to develop solutions
tailored to the business end-user, the Level 5 certification
attests to Ebix's deep capabilities in architecting
end-to-end, process-driven business solutions for our
clients."
Mr. Raina added, "We are proud of
achieving the CMMI Level 5 certification, and being
the first global insurance software services player
to get there. It demonstrates the passion that every
Ebix employee has in adopting the latest techniques
and frameworks to offer our valued customers the highest
standards of quality, reliability and timeliness. As
a result, customer projects are safer in our hands."
The CMMI framework goes a step beyond
CMM and is a set of frameworks that integrate the existing
CMM frameworks together to enable further process improvement.
Using the CMMI framework, organizations benefit from
improved internal business processes that increase quality,
productivity and decrease cycle times, while stimulating
learning and growth.
Ebix has also previously earned
the ISO 9001:2000 certification for its quality practices
in 2003.
About Carnegie Mellon University's
CMMI Ratings
The Software Engineering Institute
is a federally funded research and development center
sponsored by the U.S. Department of Defense and operated
by Carnegie Mellon University, which developed the CMMI
maturity ratings. The assessments enable customers to
determine reliable, low-risk suppliers of products and
solutions. SEI ratings are earned through a detailed
evaluation process that includes an extensive review
and analysis of engineering and software development
processes, documentation, measurement systems and quality
assurance tools that are used by a company or organization.
Additional information about the SEI's Capability Maturity
Model Integration is available at http://www.sei.cmu.edu
The Software Engineering Institute
(SEI) appraisal, known as the Capability Maturity Model
Integration (CMMI), is an industry-recognized standard
for benchmarking process integration and improvement
in software engineering practices. The certification
process is recognized as a best practice in the software
industry worldwide. Achieving a CMMI Level 5 appraisal
provides insight into a company's ability to execute
on proposed projects, thereby reducing risk and required
oversight by the customer.
About Ebix
A CMMI 5 Company, Ebix, Inc. is
a leading international supplier of software and e-commerce
solutions to the insurance industry. Ebix provides a
series of application software products for the insurance
industry ranging from carrier systems, agency systems
and exchanges to custom software development for all
entities involved in the insurance and financial industries.
Ebix strives to work collaboratively
with clients to develop innovative technology strategies
and solutions that address specific business challenges.
Ebix combines the newest technologies with its capabilities
in consulting, systems design and integration, IT and
business process outsourcing, applications software,
and Web and application hosting to meet the individual
needs of organizations.
With bases in Singapore, Australia,
the US, New Zealand, India and Canada, Ebix employs
insurance and technology professionals who provide products,
support and consultancy to more than 3,000 customers
on six continents. Ebix's focus on quality has enabled
it to be awarded Level 5 status of the Carnegie Mellon
Software Engineering Institute's Capability Maturity
Model Integrated (CMMI). Ebix has also earned ISO 9001:2000
certification for both its development and call center
units in India. For more information, visit the Company's
Web site at www.ebix.com.
Safe Harbor for Forward-Looking
Statements under the Private Securities Litigation Reform
Act of 1995 -- This press release contains various forward-looking
statements and information that are based on management's
beliefs, as well as assumptions made by, and information
currently available to management, including statements
regarding future economic performance and financial
condition, liquidity and capital resources, acceptance
of the Company's products by the market and management's
plans and objectives. The Company has tried to identify
such forward looking statements by use of words such
as "expects," "intends," "anticipates," "plans," "believes,"
"will," "should," and similar expressions, but these
words are not the exclusive means of identifying such
statements. Such statements are subject to various risks,
uncertainties and other factors which could cause actual
results to vary materially from those expressed in,
or implied by, the forward looking statements. Such
risks, uncertainties and other factors include the extent
to which the Company's new products and services can
be successfully developed and marketed, the integration
and other risks associated with recent and future acquisitions,
the willingness of independent insurance agencies to
outsource their computer and other processing needs
to third parties, the Company's ability to continue
to develop new products to effectively address market
needs in an industry characterized by rapid technological
change, the Company's dependence on the insurance industry
(and in particular independent agents), the highly competitive
and rapidly changing automation systems market, the
Company's ability to effectively protect its applications
software and other proprietary information, the Company's
ability to attract and retain quality management, and
software, technical sales and other personnel, the potential
negative impact on the Company's outsourcing business
in India from adverse publicity and possible governmental
regulation, the risks of disruption of the Company's
Internet connections or internal service problems, the
possibly adverse effects of a substantial increase in
volume of traffic on the Company's website, mainframe
and other servers, possible security breaches on the
Company's website and the possible effects of insurance
regulation on the Company's business. Certain of these,
as well as other, risks, uncertainties and other factors,
are described in more detail in Ebix's periodic filings
with the Securities and Exchange Commission, including
the company's annual report on form 10-K for the year
ended December 31, 2004, included under "Item 1. Business--Risk
Factors." Except as expressly required by the federal
securities laws, the Company undertakes no obligation
to update any such factors or to publicly update any
of the forward-looking statements contained herein to
reflect future events or developments or changed circumstances
or for any other reason.
Contact:
Ebix, Inc.
Robin Raina
678-281-2020
or
Jaffoni & Collins Incorporated
David Jacoby/Robert Rinderman
212-835-8500EBIX@jcir.com