The license has no expiration date and you will be able to use application forever. The application updates and priority support will be active for one year from the date of the purchase.
Subscription renewal extends the updates and priority support by one year.
What happens if I don't renew my license?
You won't be able to use versions of Nobe OmniScope released over 1 year from your date of purchase. You can continue to use the version of Nobe OmniScope you have indefinitely, but you will not receive updates or priority support until you renew your subscription.