INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2011

INTANGIBLE ASSETS [Abstract]

INTANGIBLE ASSETS

NOTE 3 -INTANGIBLE ASSETS

Intangible assets consisted of the following at September 30, 2011:

Description	Life	Amount
Technology-based intangible assets	15 years	$	480,720
Less: accumulated amortization			(132,942	)
Intangible assets, net			347,778