Related Party Transactions

3 Months Ended

Apr. 30, 2014

Certain members of our Board of Directors also serve as executive officers or directors for some of our customers. Management believes the transactions between these customers and us were carried out on an arm’s-length basis. As of April 30, 2014 and January 31, 2014, we had amounts receivable from these customers of $81,214 and $95,789, respectively. The following table shows revenue recognized from these customers:



	Three months ended April 30,
	2014			2013
Revenues from customers	$	6,050		$	28,536
Percentage of total revenues	2.4		%	12.6		%

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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