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May 1, 2013

EKACTRM Solutions Inc., a group company of Eka Software Solutions Private Limited

DEAL BRIEF

EKACTRM Solutions Inc., a group company of Eka Software Solutions Private Limited has acquired Encompass Technologies Inc., a software company based in Calgary, Alberta, Canada. Encompass provides fully-integrated Energy Transaction and Risk Management software to energy traders and marketers in North America.

EKA is a market leader in trading and risk management technology for the global commodity markets. EKA's products provide customers with high quality functionality for physical trading, risk management, logistics, inventory, finance, compliance and business intelligence. You may learn more about EKA at http://www.ekaplus.com/index.php.

OUR ROLE

We, at Nishith Desai Associates, acted as the lead legal counsel to EKA for the transaction.