Your ComponentOne subscription includes one year of free updates. This means your license key will work with new versions released up to a year after the date of the original purchase. After one year, your license key will no longer work with new releases, and you will have to renew the subscription to get a new key and one more year of updates.
ComponentOne products have version numbers with the following format:
<major>.<minor>.YYYYV.<build>
The YYYYV part of the version number represents the year and version.
ComponentOne releases official updates to its products three times per year, so the V digit is always 1, 2, or 3. For example, 1.0.20091.123 means 2009/v1.
In addition to the official updates, ComponentOne may release interim maintenance builds. These builds have the same YYYYV version number as the last official build, but a higher <build> number. Interim builds can always be obtained at http://prerelease.componentone.com.
You can check for new maintenance releases automatically using the C1Live utility which installs at Program Files\ComponentOne\C1Live.
For more details about licensing, please visit our site and check the End Users License Agreement at http://www.componentone.com/SuperPages/DevToolsEULA/.