Private Assembly:
- It is available and accessible with in an application
- It will reside inside the application folder
- It is designed only      for isolated application
- By default, all the assemblies      are private assemblies.
- Private assembly must      be accompanied by an assembly manifest.
- Private assemblies are      not required to be installed
- It is not required to      be signed, and PublicKeyToken is not required in the      element of the assembly manifest. 
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