Ebix to Attend Analyst Call to Discuss Seeking Alpha Blog

Ebix to Attend Analyst Call to Discuss Seeking Alpha Blog

ATLANTA, Feb. 26, 2013 (GLOBE NEWSWIRE) -- Ebix, Inc. (Nasdaq:EBIX), a leading
provider of On-Demand software and E-commerce services to the insurance and
financial industries, today announced that it plans to attend an analyst call
hosted by Craig-Hallum Capital Group on Tuesday morning, February 26th at
10:30 a.m. (details below) at which Robin Raina, Chairman, CEO and President
and Robert Kerris, Chief Financial Officer, will discuss, fact-check and
clarify several materially inaccurate statements and conclusions made in
recently published blog posts regarding the company's financial reporting. The
call is open to the general public.

As previously stated, management believes that to the best of its knowledge,
Ebix's financial reporting, including, among other things, the Company's
accounting for and reporting of intercompany loans, is appropriate and
complies with all SEC reporting requirements. The Company is exploring
appropriate legal remedies to hold those responsible parties accountable for
what appears to be malicious, irresponsible and self-serving blog posts. The
Company looks forward to discussing, fact checking and clarifying these
inaccuracies for the benefit of its shareholders, customers and partners, who
the Company believes have been irrevocably harmed by these blog posts.

Dial-in Information:

Please email Craig Hallum at jack.mccarthy@craig-hallum.com with your name,
firm name and phone number and you will be provided dial-in information and
access code.

About Ebix, Inc.

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 30+ offices across Brazil, 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 to 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). With a recent ISO 27001-security
certification, the Company also has an 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.

The Ebix, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12133

CONTACT: Steven N. Barlow
         678-281-2043 or steve.barlow@ebix.com
         Or
         Aaron Tikkoo,
         678-281-2027 or atikkoo@ebix.com

Ebix, Inc. Logo