R & D
Have completed the design of COVR billing and are now focused on 2 key projects.
1) Dev Studio which is expected to be released late Q3 or early Q4 (2013). They have already pre-sold 2 licenses of Dev Studio and of course that future revenue has not been recognized yet.
2) new and improved version of COVR policy which is expected to be released in 2Q of 2014.
Sentiment: Strong Buy