Ebix Ranked 4th Fastest Growing Company by Fortune Magazine
ATLANTA, GA – August 17, 2009 – FORTUNE magazine announced today that Ebix, Inc. (NASDAQ: EBIX) has been ranked 2nd on its list of Best Investments in the world. The list, which comprises of the 100 Fastest growing companies in the world, appears in the 31st August 2009 issue of FORTUNE Magazine and is available on www.Fortune.com
Ebix was ranked No.4 amongst the 100 hundred fastest growing companies, named “the World’s supercharged performers” by Fortune magazine. Research in Motion Limited (NASDAQ GS:RIMM), was ranked as the No.1 fastest growing company in the world.
Fortune also ranked Ebix as the No.1 Fastest growing company from Georgia in the list. IntercontinentalExchange Inc (NYSE:ICE) was the only other company from Georgia on the list. Ebix was ranked 20th based on Profit growth and 29th based on sales growth, in the list.
Ebix Chairman of the Board, President & CEO Robin Raina said,” We are humbled by being named in the same list as top companies like Apple and Google. While we are excited by the honor, we believe that our best days are ahead of us and that we are just getting started. We remain focused on growing the company consistently in terms of Revenues and EPS both, while creating hopefully new benchmarks in net margins.”
A leading international supplier of On-Demand 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 powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance, while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS based software platforms, Ebix employs hundreds of insurance and technology professionals that provide products, support and consultancy to thousands of 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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