SUBSEQUENT EVENT

3 Months Ended

Apr. 30, 2012

SUBSEQUENT EVENT [Abstract]

SUBSEQUENT EVENT [Text Block]

11.  SUBSEQUENT EVENT

On June 6, 2012, the Company acquired all of the outstanding stock of DynaSys S.A. ("DynaSys"), a provider of supply chain planning software solutions.  DynaSys was founded in 1985 and is headquartered in Strasbourg, France. The total purchase price of $7.5 million was paid in cash on June 6, 2012. In connection with the acquisition, the Company placed $0.6million of the purchase price into escrow to satisfy any claims for indemnification made in accordance with the terms of the stock purchase agreement. Any remaining funds will be disbursed to DynaSys' former shareholders six months after the acquisition date.  The Company completed the acquisition with the purpose of expanding its product offerings and driving revenue growth. The Company plans to build on DynaSys' existing markets and further expand the penetration of n.SKEP, DynaSys' flagship product, into the Company's global customer base and the global supply chain planning market. DynaSys will operate as a division of the Company.