Atlanta Journal-Constitution Ranks Ebix 2nd Amongst the Top 100 Public Companies in Georgia

Business Wire,  May 27, 2008  

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ATLANTA -- Ebix (NASDAQ:EBIX) announced today that it has been ranked 2nd amongst the Top 100 public companies in Georgia by Atlanta Journal-Constitution in that publication's annual performance score board for 2007. The list, which is comprised of public companies, appeared in the May 25th 2007 issue of Atlanta Journal-Constitution (AJC) and is available at www.AJC.com.

The top five companies were announced on 21st May 2008 at the Georgia 100 breakfast organized by the AJC at the Cobb Galleria, Atlanta and representatives of the companies were invited to share their experiences with other top public companies in Georgia. Ex-Hewlett Packard CEO Carly Fiorina was the guest speaker at the breakfast. Ebix was represented at the function by Ebix General Manager - HR & Finance, Darren Joseph.

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 2007 and total return on investment (share price change plus reinvested dividends) for calendar 2007. Each company was ranked in each category and the total calculated to determine the final score.

Ebix President and CEO Robin Raina said, "We are honored to be recognized among the elite public companies in Georgia. We are rather humbled to be rated 2nd in the list ahead of multi-billion dollar public companies from Georgia. This ranking is rather meaningful to us as it compares public companies on all around performance rather than on any one variable."

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.

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