Property and Equipment

3 Months Ended

Apr. 30, 2012

6. Property and Equipment

Property and equipment consisted of the following:

	April 30, 2012			January 31, 2012
Website	$	4,568		$	4,568
Computers		15,450			13,912
Software		160,385			155,039
Machinery and equipment		73,939			71,553
Furniture and fixtures		5,302			5,302
Leasehold improvements		8,198			8,198
Gross Property and Equipment		267,842			258,572
Less accumulated depreciation		(220,102	)		(215,311	)
Net Property and Equipment	$	47,740		$	43,261

Depreciation expense was $4,791 and $3,293 for the three months ended April 30, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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