NAME OF SUBSIDIARY (AND DOING BUSINESS AS)

STATE OF INCORPORATION

Indus Group North America, Inc.

California

Indus Foreign Sales Corporation

U.S. Virgin Islands

Indus UK, Inc.

California

Indus International, Ltd.

United Kingdom

Indus International, S.A.

France

Indus International Pty Ltd.

Australia

Indus International Software Pte. Ltd.

Singapore

Indus International Canada, Inc.

Canada