It is possible that in the future, a third party may take legal action claiming that we or our current or future products violate their patents, trade secrets or copyrights. We have indeed received such a statement that we are in the process of evaluating. All claims, with or without reason, can be costly and time-consuming to defend them, divert attention from our management or cause product delays. We only have one patent that we could use defensively against any company that claims such a claim. If it is established that our product infringes the property rights of third parties, we may be required to enter into licensing or licensing agreements in order to sell our product. License and license agreements, if necessary, may not be available on terms acceptable to us, if at all, which could harm our business. * Prices do not include a “one-time” installation fee and all applicable “adaptation taxes”. Each license package allows a maximum of 1000 users to use inDocShare and additional license packages can be added during the checkout process. The Company may, at its discretion and in due form, assign any of its services to subcontractors. As a result, the company enters into standard indemnification agreements with its customers that compensate customers for other acts, such as personal property damage, of the company`s subcontractors.
The maximum potential amount of future payments to which the company could be held under these indemnification agreements is unlimited. However, the company has general insurance policies and Umbrella We have 66% of our licensing revenue for the quarter that took place on the 30th Sales to law firms and professional services companies ended on June 6, 2003. To maintain and grow our business, we must continue to successfully sell our software products and services in this vertical market. An inselable sale to law firms and professional services firms will have a significant and negative impact on our consolidated financial position and results of operations. Our customers using our Application Suite for critical business applications, errors, defects or other performance issues of our Application Suite may cause damage to our customers` business. . . .