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boug5309

04/14/15 5:47 PM

#21266 RE: boug5309 #21265

During the three and nine months ended February 28, 2015, PDS entered into licensing agreements with third parties, pursuant to which PDS received proceeds of $1,800,000 and $1,820,000, respectively.

During the three and nine months ended February 28, 2014, PDS entered into licensing agreements with third parties, pursuant to which PDS received aggregate proceeds of $0 and $5,022,000, respectively.

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