2014 US Open Champion and World No.5 Marin Cilic Joins Team Ebix and Signs Global Sponsorship Contract to Be an Ebix Sports Ambassador

JOHNS CREEK, Ga., July 05, 2018 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today announced a multiyear global partnership agreement with European Marin Cilic, currently ranked No.5 in the ATP world rankings. Cilic signed up to act as an Ebix, Inc. brand ambassador effective at the Wimbledon Championship that began a few days back. With this announcement, Team Ebix now has four Top 25 world ranked tennis players as global ambassadors ? Americans John Isner and CoCo Vandeweghe, and the Europeans Marin Cilic and Tomas Berdych.

In addition to partnering with Ebix on customer engagement, advertising, social and marketing opportunities both on and off the court, Cilic will also wear an Ebix branded patch on his athletic apparel as part of the partnership agreement.

The decision to sponsor the Croatian superstar Marin Cilic was driven by Ebix's growing stature as an international brand, and Cilic being a serious contender to win any of the upcoming Grand Slam tournaments; besides being a household name amongst people who follow tennis across the world. Last week, Cilic defeated the former world No.1 Novak Djokovic to win the prestigious Queen's Club Championships, a premier grass court event on the ATP World Tour.

A winner of the 2014 US Open, 18 ATP World Tour titles, and most recently a finalist at both Wimbledon 2017 and the 2018 Australian Open, Cilic achieved a career high ranking of world number 3 in January of 2018. Marin's other notable achievements include being a 2016 Olympic Bronze Medalist, a 2016 Davis Cup finalist, as well as being one of the few modern era players to have had multiple wins against the "Big Four," Roger Federer, Novak Djokovic, Rafael Nadal, and Andy Murray.

"I am honored and at the same time excited to be a Global Sports ambassador for Ebix," said Marin Cilic. "I look forward to a very successful partnership with an internationally renowned brand like Ebix and building on the successes I have achieved over the last few years, while personifying the attributes that I share with Ebix in terms of leadership, persistence, a winning attitude and a drive for perfection."

"Marin Cilic has worked really hard over the last few years to emerge as a serious contender for each of the Grand Slam tennis tournaments besides being a role model for tennis fans across the world for the positive manner and sportsman spirit with which he plays the game. We are excited to have Marin Cilic join Team Ebix and serve as an Ebix ambassador," said Robin Raina, President & Chief Executive Officer of Ebix. "His record in 2018 has been outstanding having won the Runners up trophy at the 2018 Australian Open, as well as the title at the Queen's Club Championships. He was also a finalist at the 2017 Championships at Wimbledon, making him a serious contender this year for the Wimbledon trophy. I wish Marin the very best for Wimbledon and the rest of the year."

About Ebix, Inc.                                   

With 50+ offices across 5 continents, Ebix, Inc., (NASDAQ:EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, the Company's main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance, across the world.

With a "Phygital" strategy that combines 260,000 physical distribution outlets in many Southeast Asian Nations ("ASEAN") countries to an Omni-channel online digital platform, the Company's EbixCash Financial exchange portfolio encompasses leadership in areas of Foreign exchange, domestic & international money remittance, travel, pre-paid & gift cards, utility payments, etc., in an emerging country like India. EbixCash, through its travel portal Via.com, is also one of Southeast Asia's leading travel exchanges with over 110,000 distribution outlets and 8,000 corporate clients processing over 24.5 million transactions every year. For further details, visit www.ebixcash.com

Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com

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Darren Joseph
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David Collins or Chris Eddy
Catalyst Global - 212-924-9800 or [email protected]