Jan 6 (Reuters) - Ebix Inc :
   * EBIXCASH ANNOUNCES IPO UPDATE
   * EBIXCASH - EBIXCASH ANNOUNCED THAT IT IS CONTINUING TO MAKE PROGRESS IN TERMS OF MOVING FORWARD WITH ITS IPO PLAN
   * EBIXCASH - CO DECLARED APPOINTMENT OF TWO DOMESTIC LEGAL COUNSEL & ONE INTERNATIONAL LEGAL COUNSEL, TO HANDLE ITS IPO
   * EBIXCASH - TO SOON ANNOUNCE APPOINTMENT OF INDUSTRY ANALYST FIRM TOWARDS ANALYZING INDUSTRY & CO'S RELATIVE POSITION IN MARKETS WITH RESPECT TO INDUSTRY
   * EBIXCASH - ALSO EVALUATING NUMBER OF INTERNATIONAL INVESTMENT BANKERS, WITH VIEW TO APPOINT 1 OR 2 INTERNATIONAL INVESTMENT BANKERS, AS CO DEEMS FIT

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