MTBC Re-elects Directors

6/19/17

MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading provider of proprietary, cloud-based healthcare IT and revenue cycle management solutions, today announced that its shareholders held their 2017 annual meeting on June 15, 2017.

At the annual meeting, the shareholders re-elected Mahmud Haq, the company's founder and CEO, and Cameron Munter, a former Ambassador of the United States of America to Pakistan, to serve another term on its board of directors. They will continue to serve alongside of Anne Busquet, former president of American Express Interactive Services and New Business Development; Howard Clark, Jr., the company's audit chairman, the former CFO of American Express and former Chairman and CEO of Shearson Lehman Brothers, Inc.; John Daly, a former EVP and director of E.F. Hutton & Company; and Stephen Snyder, an M&A and healthcare attorney who serves as the company's president. MTBC's board of directors and executives together own almost 50% of the company's common stock.

In his prepared comments, Haq said, "2016 was an exciting year of achieved milestones for MTBC, including the closing and integration of our largest acquisition to date and our ramp-up in late 2016 of an experienced team of sales professionals with a track record of success in our space. We have had a strong start to 2017 with four new cross-marketing partnerships with industry leaders, two consecutive quarters of greater than 60% year-over-year revenue growth and new product releases."

Final voting tallies from this year's meeting are subject to certification and are included in the Company's most recent Form 8-K filed with the Securities and Exchange Commission.

About MTBC

MTBC 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 throughout the United States. Our integrated Software-as-a-Service (SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. MTBC's common stock trades on the NASDAQ Capital Market under the ticker symbol "MTBC," and its Series A Preferred Stock trades on the NASDAQ Capital Market under the ticker symbol "MTBCP."

For additional information, please visit our website at www.mtbc.com.

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