INTANGIBLE ASSETS, NET AND GOODWILL

9 Months Ended

Sep. 30, 2013

INTANGIBLE ASSETS, NET & GOODWILL [Abstract]

NOTE 5- INTANGIBLE ASSETS, NET & GOODWILL

The goodwill and intangible assets at September 30, 2013 and 2012 are summarized as follows (in thousands):

			Net Book		Amortization and accumulated translation adjustments ("ATA")			Net Book
	Useful Life		Value		for the nine months ended			Value
	(In Years)		December 31, 2012		September 30, 2013			September 30, 2013
Patents and Trademarks		7	$	52	$	(17	)	$	35
Customer Relationships		8.5		600		(54	)		546
Developed Technology		7		1,567		(187	)		1,380
In Process Technology	(a)			183		5			188
Trade name	(a)			2,169		58			2,227
Intangibles			$	4,571	$	(195	)	$	4,376

Goodwill			$	324	$	-		$	324

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

Amortization expense was approximately$326,000 and $330,000 for the nine months ended September 30, 2013 and 2012, respectively. Amortization expense was approximately$110,000 and $114,000 for the three months ended September 30, 2013 and 2012, respectively

As of September 30, 2013, estimated future amortization expense for intangibles assets, subject to amortization, is as follows (in thousands):

Year ended December 31,	Amortization Expense
2013	$	102
2014		424
2015		407
2016		402
2017		402
Thereafter		224
	$	1,961