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Robin Raina Awarded the South Asian Personality of the Year Award

Mon May 19, 2008 9:49am EDT
ATLANTA--(Business Wire)--
Ebix, Inc. (NASDAQ:EBIX), today announced that its President &
Chief Executive Officer Robin Raina was recently awarded the coveted
South Asian Personality of the Year award at the Waldorf Astoria Hotel
in New York. The event hosted by Sony Entertainment Television Asia,
was made possible with the support of grand sponsors Wal-Mart and
Sam's Club.

   Over 400 guests, who included the creme de la creme of the South
Asian community, attended the two-and-a-half hour black tie event. The
glitzy event was also telecast to Sony's worldwide audience in the
U.S., UK, Europe, Africa, India, the Middle East, Pakistan and
Australia.

   The grand ballroom of the Waldorf-Astoria Hotel reverberated with
thunderous applause as Robin Raina walked down the aisle to receive
the honor. Robin received the award from the Former Prime Minister of
Pakistan Shaukat Aziz and the U.S. Wal-Mart stores CFO Michael Fung.

   A philanthropist, Robin Raina has emerged as the voice of the
have-nots worldwide with his single minded dedication to providing
hope to the under privileged sections of the society. Today, his
foundation has adopted in excess of 3500 children across the Indian
sub continent in addition to presently carrying out the largest
private charity initiative in the Indian sub-continent, in terms of
building 6000 homes free of cost for the underprivileged.

   Robin was awarded the South Asian Personality of the Year award
for excellence both in the area of social service and business
achievements over the past few years. The citation for the award
announced at the event recognized Robin's leadership in transforming
Ebix, Inc. into a highly profitable sustained business from a $19
million loss in 1999. The citation also recognized Robin for his
untiring work towards helping the cause of the unprivileged around the
world.

   Robin Raina, in his brief speech upon receiving the award, said,
"I dedicate this award to the hundreds of millions of underprivileged
people in the world who struggle to provide their family a single meal
every day. Poverty knows no boundaries of race, religion, color or
geographies. Poverty has become the single largest religion in the
world today transcending all these boundaries. The developed world and
each one of us who are fortunate in terms of wealth, need to make
strong efforts to eradicate poverty from the world map."

   Robin added, "I appeal to the million of viewers watching this
ceremony around the world to sponsor an underprivileged child's
education or to sponsor the building of a home for an underprivileged
family in some part of the world."

   Speaking on the occasion at the post awards interview, former
Prime Minister Aziz said, "I am inspired by Robin's work in helping
the cause of the under-privileged in the Indian sub-continent. The
biggest assets of the South Asian countries are our people. They have
achieved a lot for the community wherever they have gone, and the
community must now work for peace, prosperity and progress of South
Asia."

   About Ebix

   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
services industries. With bases in Singapore, Australia, UK, 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. For more information, visit
the Company's website at www.ebix.com

   About the Robin Raina Foundation

   A 501(c) charity, Raina foundation has been setup to raise funds
for work to be carried out to empower under-privileged children and
their parents, who need help around the world. The foundation's focus
is to make a difference in the lives of children - who are
handicapped, blind, mentally challenged, sick or in need of urgent
medical help and underprivileged kids who need education. For more
information, log into www.rainafoundation.com

Ebix Contact: Jesenia Jurado, 678-281-2036
jjurado@ebix.com
or
RRF Contact: Sanjay Supehia, 678-517-8688
ssupehia@rainafoundation.com

Copyright Business Wire 2008



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