Related Party Transactions

12 Months Ended

Jan. 31, 2015

Certain members of our Board of Directors also serve as 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. We had amounts receivable from these customers of $46,661 as of January 31, 2015 and $95,789 as of January 31, 2014. The following table shows revenue recognized from these customers:



Year ended January 31,	2015			2014			2013
Revenue from customers	$	32,594		$	85,037		$	56,878
Percentage of total revenues	2.6		%	7.4		%	5.2		%

- 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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