Intangible Assets

3 Months Ended

Sep. 30, 2011

Intangible Assets

Intangible Assets

Intangibles acquired through the purchase of MagicBox business consisted of the following:

	Estimated useful lives (Years)	Amount
Proprietary Software	5	$           665
In-process Research and Development	Indefinite	75
Tradename	3	25
Total		$           765

The valuation assigned to intangible assets are provisional in nature and may change after the final expert valuation.

Intangibles as of September 30, 2011

	Estimated useful lives (Years)	Amount	Accumulated Amortization	Net
Tradename (NetStreams)	7	$           435	$           119	$           316
Tradename (MagicBox)	3	25	-	$             25
Patents and technological know-how (NetStreams)	10	2,070	396	1,674
Proprietary software (NetStreams)	3	215	138	77
Proprietary software (MagicBox)	5	665	-	665
In-process Research and Development (NetStreams and MagicBox)	Indefinite	475	-	475
Other	5	49	34	15
Total		$        3,934	$           687	$        3,247

The following table summarizes the amortization during the three and nine months ended September 30, 2011 and 2010:

	Three months ended		Nine months ended
	September 30, 2011	September 30, 2010	September 30, 2011	September 30, 2010
Amortization of intangibles with finite lives	$             87	$             88	$           263	$           263