ATLANTA, GA – July 10, 2009 – Ebix, Inc. (NASDAQ: EBIX) today announced that President and Chief Executive Officer Robin Raina will ring the opening bell at The NASDAQ Stock Market on Monday, July 20, 2009. Raina will also be delivering the opening address on the occasion.
The Opening Bell ceremony will take place at 9:30 am EDT at the NASDAQ MarketSite® in New York's Times Square and will be broadcast live on the seven-story NASDAQ tower, the largest stationary video screen in the world.
Ebix President and CEO Robin Raina said, “Ringing the Opening Bell at NASDAQ, one of the world’s most prestigious stock exchanges, is a great honor. For me, it is a celebration of Ebix’s journey since 1999 with the company reporting $19 million in losses that year, to now when the company has emerged as a benchmark in profitability margins and consistency. It also is an opportunity for us to thank our employees and shareholders who have helped us get to this point.”
The company also announced that Raina will be joined at the event by many of Ebix’s senior executives from across the world, along with a few shareholders.
Ebix shareholders and interested parties can watch the broadcast live on the following:
The opening bell ceremony is usually viewed live on media networks CNBC, Fox Business Network, Reuters TV, and Bloomberg TV, and on the NASDAQ MarketSite Live Web Cam at http://www.nasdaq.com/about/marketsitetowervideo.asx (to view via the webcam, it is suggested that you visit the site at least 15 minutes in advance).
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
An audio transmission of the Opening Bell is also available from 9:20 am to 9:35 am on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.
NASDAQ opening bell ceremony - Webcam Instructions
To view the NASDAQ Opening Bell ceremony, go to http://www.ebix.com or http://www.nasdaq.com/about/marketsitetowervideo.asx.
A leading international supplier of software and e-commerce services to the insurance industry, Ebix, Inc., (NASDAQ:EBIX) provides end to end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.
With 23 offices across 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 (CMM). Ebix has also earned ISO 9001:2000 certification for both its development and BPO units in India. For more information, visit the Company’s website at www.ebix.com.
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