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sidedraft

02/23/17 10:49 AM

#21009 RE: kex0414 #21007

Ectel went private in January of 2010.

As of today, each ordinary share of ECtel issued and outstanding has been automatically converted into the right to receive US $1.26 in cash, without interest and less any applicable withholding tax, and ECtel has become a privately held company, indirectly wholly owned by cVidya.

https://www.sec.gov/Archives/edgar/data/1096197/000114420410001745/v171273_ex99-1.htm