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I created a Visual Studio template by using the export template wizard. But when I create a new project from that template system namespaces red underlined. It says "Namespace not defined". Can someone help me? enter image description here

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Finally msdn answered to this. This is a bug of the Visual Studio update1. We posted a bug in the vs thread. reffer the below link
https://connect.microsoft.com/VisualStudio/feedback/details/2417426


If someone face this issue go to this link and vote,comment it.