JOHNS CREEK, GA – August 31, 2017 – 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 global partnership agreement with American Coco Vandeweghe, currently ranked #22 in the Women’s WTA world rankings. Vanderweghe signed up with Ebix, Inc. as a brand ambassador effective the US Open that is presently being held in New York. Vanderweghe will be playing at the center court at Arthur Ashe stadium @ 7pm today evening, with the match being televised live on ESPN.
In addition to partnering with Ebix on customer engagement, advertising, social and marketing opportunities both on and off the court, Vandeweghe will also wear an Ebix branded patch on her athletic apparel as part of the partnership agreement.
Ebix’s decision to sponsor Coco Vandeweghe was driven by Ebix’s growing stature as an international brand, and Coco being one of America’s key contenders to the top ranks of Women’s world tennis. With this announcement, Team Ebix now has three world ranked tennis players as its global ambassadors– Americans John Isner and Coco Vandeweghe, and the European Tomas Berdych.
Having reached the semifinals of the 2017 Australian Open, where she defeated amongst others the defending champion and then world No. 1 Angelique Kerber in straight sets, Vanderweghe is considered one of the contenders to win the 2017 US Open. Vanderweghe’s accomplishments include winning the Junior US Open champion in 2008 besides winning two WTA titles and reaching the quarterfinals of both the 2015 and the 2017 Wimbledon Championships. Vandeweghe also won the 2016 WTA Indian Wells doubles tournament while reaching the finals at both the 2016 Australian Open and the 2016 US Open in mixed doubles.
“I am really excited to be a part of Team Ebix, and to represent a global brand like Ebix,” said Coco Vanderweghe. “I look forward to a very successful partnership with Ebix and building on the successes I have achieved over the last few years.”
“We are excited to have Coco Vanderweghe as an Ebix ambassador,” said Robin Raina, President & Chief Executive Officer of Ebix. “Her accomplishments since her junior years speak for themselves. In Coco, America has one of the most consistent, talented and popular players on the WTA circuit. She personifies the same winning attributes –persistence, passion and performance – that make Ebix the leading provider of on-demand insurance and financial exchanges around the world.”
A leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, Ebix, Inc. provides end-to-end on-Demand solutions ranging from infrastructure exchanges, front end & back end enterprise systems, outsourced administrative & custom software development solutions, and risk compliance solutions for various entities involved in these industries.
With 45+ offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US and the UK, 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 annually on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of domain specific business and 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
| Darren Joseph 678-281-2027 or IR@ebix.com |
David Collins or Chris Eddy Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com |