INTANGIBLE ASSETS, NET AND GOODWILL

3 Months Ended

Mar. 31, 2013

INTANGIBLE ASSETS, NET & GOODWILL [Abstract]

INTANGIBLE ASSETS, NET & GOODWILL

5- INTANGIBLE ASSETS, NET & GOODWILL

The goodwill and intangible assets at March 31, 2013 and 2012 are summarized as follows:

			Net Book		Amortization and cumulated translation adjustments ("CTA")			Net Book
	Useful Life		Value		for the three months ended			Value
	(In Years)		12/31/2012		March 31, 2013			03/31/2013
Patents and Trademarks		7	$	52	$	(5	)	$	47
Customer Relationships		8.5		600		(9	)		591
Developed Technology		7		1,567		(58	)		1,509
In Process Technology	(a)			183		-			183
Trade name	(a)			2,169		--			2,169
Intangibles			$	4,571	$	(72	)	$	4,499
Goodwill			$	324	$	-		$	324

(a) The in process technology and trade name have been determined to have an indefinite life.

Amortization expense was approximately $70,000 for the three months ended March 31, 2013 and 2012, respectively.

As of March 31, 2013, estimated future amortization expense for intangibles assets, subject to amortization, is as follows (in thousands):

Year	Amortization Expense
2013	$	318
2014		424
2015		407
2016		402
2017		402
Thereafter		160
	$	2,113