Annual report pursuant to Section 13 and 15(d)

LEGAL PROCEEDINGS

v2.4.0.8
LEGAL PROCEEDINGS
12 Months Ended
Feb. 28, 2014
LEGAL PROCEEDINGS [Abstract]  
LEGAL PROCEEDINGS

NOTE 11

LEGAL PROCEEDINGS


The Company commenced a declaratory judgment action in 2013 to establish the invalidity and non-infringement of claims of a patent of a competitor that alleged that our needle sets would infringe. The defendant answered the complaint and asserted various counterclaims that the Company believes are without merit. The Company subsequently added claims against the defendant to show that the defendant had engaged in various unfair business practices. The litigation is in early stage discovery.