PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2011

PROPERTY AND EQUIPMENT, NET [Abstract]

NOTE 4

PROPERTY AND EQUIPMENT, NET

	US dollars
	December 31,
	2011			2010

Computers		75,982			68,704
Furniture and office equipment		108,485			74,879
Leasehold improvements		23,401			25,195
		207,868			168,778
Less - accumulated depreciation		(125,000	)		(111,428	)
		82,868			57,350

In years ended December 31, 2011, 2010 and 2009, depreciation was US$ 23,045, US$ 19,153 and US$ 20,837, respectively, and additional equipment was purchased in an amount of US$ 54,619, US$ 8,725 and US$ 5,007, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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