03 Jun 2011

Docomo Intertouch

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This letter is to confirm that the DOCOMO interTouch Group has engaged Propitia Inc. to assist and advise on an asset sale transaction ( the Transaction).

The Transaction involved the sale of physical assets (HW and networking equipment), intangible assets (IP, trademarks) as well as the transfer of a portfolio of customer contracts for ongoing services. The assets mentioned above were located in Asia and USA.

I confirm that Propitia Inc. and in particular its CEO, Mr. Kesavan has been instrumental in:
- preparing investment prospectus;
- pre-qualifying bidders;
- assisting throughout the negotiation;
- ensuring assets were ready for transfer;
- resolving post-deal issues.

In particular Mr. Kesavan has been extremely effective in enhancing and selling the value proposition to the successful bidder. I am convinced this Transaction would not have been successful without his involvement.

I would without hesitation recommend Propitia Inc. as advisor in this type of transactions.

More detailed references can be provided on request.

Best regards,
Enrico NORA
Chief Financial Officer

DOCOMO interTouch Pte Ltd