Medical Transcription Billing, Corp. Plans a Registered Initial Public Offering of its Common Stock

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SOMERSET, NJ, Sept. 17, 2013 (GLOBE NEWSWIRE) -- Medical Transcription Billing, Corp. ("MTBC") announced today that it plans to conduct an initial public offering of its common stock. The offering is expected to commence after the SEC completes the review process initiated by MTBC's confidential filing of a draft registration statement with the SEC on September 9, 2013.

This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933. As required by Rule 135, this press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About MTBC

Founded in 1999 and based in Somerset, New Jersey, MTBC provides practice and revenue cycle management services and proprietary software solutions to private physician offices and hospital-employed provider groups throughout the United States. Its integrated and competitively priced premium products, PracticePro™ and ChartsPro™, present a service suite unmatched in the industry in scope and value. MTBC has been consistently recognized as a Deloitte Technology Fast 500 company - 2009, 2010, 2011 and 2012 - and has also been recognized during each of the last three years as an Inc. 500│5000 company.

To learn more about MTBC, please visit www.mtbc.com

CONTACT: Stephen Snyder, President Medical Transcription Billing, Corp. Telephone: (732) 873-5133 x113 Fax: (732) 873-3378 ssnyder@mtbc.com

Source: MTBC