As GT previously reported, this year USCIS received over 236,000 H-1B cap-subject petitions during the filing period, including petitions filed for the advanced degree exemption. USCIS has not released the data for how many of the petitions were filed for Premium Processing, but stated that it would begin the processing of such petitions no later than May 16, 2016. USCIS appears to be on schedule, as GT has received a significant number of receipts for cases that were premium processed.
GT recommends keeping abreast of updates regarding the H-1B cap season by visiting the USCIS H-1B Fiscal Year (FY) 2017 Cap Season web page.