Banking & Liquidity	3 Months Ended
May 31, 2014
Banking & Liquidity	Note 2. – Banking & Liquidity In fiscal 2014, with the sale of the Company’s Aydin Displays, Inc and Z-Axis, Inc. subsidiaries, the Company repaid all remaining bank debt, which included a line of credit and two term loans. At May 31, 2013 the outstanding balance of the line of credit was $10.8 million; the outstanding balances of the term loans were $1.8 million and $2.0 million. Currently, the only remaining debt of the Company is $0.3 million it owes on a building owned by its subsidiary, Teltron Technologies, Inc. in Birdsboro, PA. The Company is currently operating using cash from operations and investing activities. The Company has a $19.0 million working capital balance at May 31, 2014, including $8.4 million in liquid assets. The Company believes it can continue to operate the Company with existing cash flows for the current level of business. The Company is in negotiations for a new banking partner that can work with the Company on its current needs and as opportunities present themselves.

Note 2. – Banking & Liquidity

In fiscal 2014, with the sale of the Company’s Aydin Displays, Inc and Z-Axis, Inc. subsidiaries, the Company repaid all remaining bank debt, which included a line of credit and two term loans. At May 31, 2013 the outstanding balance of the line of credit was $10.8 million; the outstanding balances of the term loans were $1.8 million and $2.0 million. Currently, the only remaining debt of the Company is $0.3 million it owes on a building owned by its subsidiary, Teltron Technologies, Inc. in Birdsboro, PA.

The Company is currently operating using cash from operations and investing activities. The Company has a $19.0 million working capital balance at May 31, 2014, including $8.4 million in liquid assets.

The Company believes it can continue to operate the Company with existing cash flows for the current level of business. The Company is in negotiations for a new banking partner that can work with the Company on its current needs and as opportunities present themselves.