Harwood Feffer LLP Announces Investigation of Ebix, Inc.

           Harwood Feffer LLP Announces Investigation of Ebix, Inc.

PR Newswire

NEW YORK, Feb. 25, 2013

NEW YORK, Feb. 25, 2013 /PRNewswire/ --Harwood Feffer LLP (www.hfesq.com) is
investigating potential claims against the board of directors of Ebix, Inc.
("Ebix" or the "Company") (NASDAQ: EBIX), concerning whether the board has
breached its fiduciary duties to shareholders.

(Logo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO )

On February 21, 2013, it was disclosed that Ebix and its board of directors
permitted a 2009 related-party loan in the amount of $65.8 million to be
concealed from the investing public contrary to generally accepted accounting
practices. As a result, Ebix has become the target of an investigation by
federal and state regulatory authorities. On this news, the Company's shares
lost more than 27% of their value over the past week.

Our investigation concerns whether the Company board of directors has breached
its fiduciary duties to shareholders, grossly mismanaged the Company, and/or
committed abuses of control in connection with the foregoing.

If you own Ebix shares and wish to discuss this matter with us, or have any
questions concerning your rights and interests with regard to this matter,
please contact:

Robert I. Harwood, Esq.
Matthew M. Houston, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers:   (877) 935-7400
                 (212) 935-7400
Email: mhouston@hfesq.com
Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors
for many years, serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for
more information about the firm.

Attorney Advertising. © 2013 Harwood Feffer LLP. The law firm responsible for
this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to any future matter.

SOURCE Harwood Feffer LLP

Website: http://www.hfesq.com
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