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MTBC Marks Record Year at Annual Shareholders' Meeting

SOMERSET, N.J., June 15, 2015 (GLOBE NEWSWIRE) -- MTBC (Nasdaq:MTBC), a leading provider of web-based revenue cycle management services and healthcare IT solutions, today announced that its shareholders held their 2015 annual meeting on June 10, 2015, and reelected John Daly to serve another term on its board of directors.

MTBC Chairman and CEO Mahmud Haq welcomed shareholders to the meeting hosted at the MTBC headquarters in Somerset, New Jersey, and congratulated John Daly on his reelection. "2014 was a watershed year in the history of MTBC – we completed our IPO, successfully acquired and integrated three competitors, and achieved 75% year-over-year revenue growth," said Mr. Haq. He added, "2015 is shaping up to be every bit as exciting as we build on our success with new product launches, strategic partnerships, and strong top and bottom line growth."

Final voting tallies from this year's meeting are subject to certification and will be included in the Company's report to be filed with the Securities and Exchange Commission.

About MTBC

MTBC (Medical Transcription Billing, Corp.) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. For additional information, please visit MTBC website at www.mtbc.com.

CONTACT: Amrita Deol, Vice President and General Counsel MTBC adeol@mtbc.com Telephone: (732) 873-5133 x.141

Source: MTBC