Bangalore, June 2008

Republic House AG selects Eka for their Metal Trade & Risk Management Operations

Eka Software Solutions, the leading provider of multi-commodity trade and risk management solutions, announces that Republic House AG, a Swiss based international commodity trading company engaged in the physical trading and conversion of metals and minerals, has selected Eka for their complete business operations.

According to a spokesperson from Republic House, "Eka is the only solution in the market that will truly and comprehensively meet the requirements of a physical trader like ourselves. It will cover all aspects of our business, including contract management, physical mark-to-market and P&L, cost of goods calculations, LME functionality, invoicing, as well as cargo storage and movement. This, coupled with a highly professional and customer centric engagement, ensured Eka's place as the preferred partner for our long term IT needs. "

 "Eka was selected on the basis of our strong domain expertise of the metal markets. Our solution's ability to handle all aspects of metal trading, together with a successful implementation track record, create a compelling case for physical metal trading companies", said Manav Garg, Chief Executive and Founder of Eka Software Solutions. "We are delighted to have Republic House on board."

About Republic House AG

Republic House AG ( www.republichouse.com) is an international commodity trading company engaged in the physical trading and conversion of metals and minerals. The company conducts its activities as principal, purchasing physical commodities mostly from producers and selling and delivering these commodities to consumers.  They also provide logistical, administrative, marketing, risk management and financial services to producers and consumers of commodities.

About Eka Software Solutions

Eka Software Solutions ( www.ekaplus.com) is a leading provider of commodity trade and risk management software. Global players in the Agriculture and Metals commodity markets have deployed our solution for managing their physical trading, position, PnL, risk, logistics and finance operations.

Our 100+ team comprising domain consultants, product specialists and technical experts are single mindedly focused towards delivering the maximum possible value to our customers, which we believe is not limited to the products and services we provide, but extends to the quality of our engagement and the nature of the relationship.