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INTANGIBLE ASSETS
3 Months Ended
Mar. 31, 2014
INTANGIBLE ASSETS [Abstract]  
INTANGIBLE ASSETS

NOTE 3 - INTANGIBLE ASSETS

 

Intangible assets consist of the following:

 

    March 31,
2014
    December 31,
2013
 
    (Unaudited)        
             
HDR   $ 155,045     $ 146,706  
SRIO     102,910       102,259  
Software     200,000       200,000  
      457,955       448,965  
Less amortization     (62,073 )     (55,819 )
                 
    $ 395,882     $ 393,146  

 

Intangible assets consist of legal and global patent registration costs related to the Company's technology HDR (Handheld biometric mobile devices) and SRIO (Biometric wallet devices).