Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Intangible Assets Tables

Carrying values of intangible assets

As of September 30, 2012 and December 31, 2011, the Company's intangible assets were summarized as follows:

	Estimated	September 30,		December 31,
	Useful life	2012		2011
		(Unaudited)
Software	3 years	$	202,343	$	201,275
Domain name, logo & trade mark	Indefinite		349,600		349,600
Customer list	5 years		-		86,250
Technology use right	1 year		387,387		125,432
Patent techniques	10 years		182,671		181,360
Total cost			1,122,001		943,917
less: Accumulated amortization			(222,547)		(171,390)
Intangible assets, net		$	899,454	$	772,527

The estimated amortization for the next five years as of September 30, 2012 and thereafter is expected to be as follows by years:

2012	$	44,481
2013		178,424
2014		140,324
2015		90,194
2016		28,003
2017		19,580
Thereafter		48,848
Total	$	549,854