CAPITALIZED SOFTWARE COSTS

12 Months Ended

Jun. 30, 2012

Notes to Financial Statements

NOTE 6 - CAPITALIZED SOFTWARE COSTS

Capitalized software costs consist of the following at June 30:

	2012		2011
Capitalized software costs	$	2,443,128	$	2,443,128
Less accumulated amortization		(2,223,880)		(2,077,715)
	$	219,248	$	365,413

Amortization expense for the years ended June 30, 2012 and 2011 was $146,166 and $113,324, respectively.

Estimated aggregate amortization expense is as follows:

Year ending June 30:
2013	146,165
2014	73,083