2008-05-19 19:55:47 -
www.ebix.com - 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