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Significant Customers and Foreign Sales

12 Months Ended

Feb. 28, 2015

NOTE 15: SIGNIFICANT CUSTOMERS AND FOREIGN SALES

Export sales to customers located outside the United States were approximately as follows:

	February 28,
	2015		2014
Western Europe	$	2,069,000	$	1,817,000
Far East		2,147,000		3,328,000
Other		802,000		1,302,000
	$	5,018,000	$	6,447,000

During Fiscal Years 2015 and 2014, sales to foreign customers accounted for approximately $5,018,000 and $6,447,000, or 47% and 63% respectively, of total revenues.

One customer accounted for 7% of the Company’s sales for Fiscal Year ended February 28, 2015.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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