UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

(Mark One)

[X]  Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

                  For the quarterly period ended June 30, 2008

                                       or

[ ]  Transition Report Pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934

                      Commission File Number: 033-55254-27


                                 BRIGHTEC, INC.
                 ----------------------------------------------
                 (Name of small business issuer in its charter)


               Nevada                                       87-0438637
  -------------------------------                      -------------------
  (State or other jurisdiction of                         (IRS Employer
   incorporation or organization)                      Identification No.)


          8C Pleasant Street South, First Floor, Natick, MA 01760-5622
          ------------------------------------------------------------
               (Address of principal executive offices, Zip code)


                                 (508) 647-9710
                           ---------------------------
                           (Issuer's telephone number)

    Securities registered pursuant to Section 12(b) of the Exchange Act: None

      Securities registered pursuant to Section 12(g) of the Exchange Act:

                         Common Stock, $0.001 par value
                         ------------------------------
                                (Title of class)

Check whether the Company (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports) and (2) has been
subject to such filing requirements for the past 90 days.
                                 [X] Yes [ ] No

Indicate by check mark whether the Company is a shell company (as defined in
Rule 12b-2 of the Exchange Act).
                                 [ ] Yes [X] No

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer, or a smaller reporting company.
See the definitions of "large accelerated filer", "accelerated filer" and
"smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ]                                Accelerated filer [ ]
Non-accelerated filer   [ ]                        Smaller reporting company [X]
(Do not check if a smaller reporting company)

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

                                                     Number of shares
           Class                              outstanding as of July 30, 2008
------------------------------                -------------------------------
Common stock, $0.001 par value                          144,342,837

<PAGE>

                                      INDEX

                                                                     Page Number

Note Regarding Forward Looking Statements                                   3

Part I.     Financial Information

      Item 1.     Financial Statements

         Condensed Consolidated Balance Sheets at June 30, 2008
            (Unaudited) and December 31, 2007 (Audited)                     4

         Condensed Consolidated Statements of Operations and
            Accumulated Deficit and Comprehensive Loss for the
            Three- and Six Month Periods Ended June 30, 2008
            and 2007 (Unaudited)                                            5

         Consolidated Statements of Cash Flows for the
            Three- and Six Month Periods Ended June 30, 2008
            and 2007 (Unaudited)                                            6

         Notes to Condensed Consolidated Financial Statements
            (Unaudited)                                                   7 - 11

      Item 2.     Management's Discussion and Analysis of Financial
                     Condition and Results of Operations                 12 - 16

      Item 3.     Quantitative and Qualitative Disclosures About
                     Market Risk                                           17

      Item 4T.    Controls and Procedures                                  17

Part II.    Other Information

      Item 1.     Legal Proceedings                                        18

      Item 2.     Unregistered Sales of Equity and Use of Proceeds         18

      Item 3.     Defaults upon Senior Securities                          18

      Item 4.     Submission of Matters to a Vote of Security Holders      18

      Item 5.     Other Information                                        18

      Item 6.     Exhibits                                                 19

Signatures                                                                 20

                                       2
<PAGE>

Note Regarding Forward Looking Statements:

This Form 10-Q and other reports filed by the Company from time to time with the
U.S. Securities and Exchange Commission (the "SEC"), as well as the Company's
press releases, contain or may contain forward-looking statements. The
information provided is based upon beliefs of, and information currently
available to, the Company's management, as well as estimates and assumptions
made by the Company's management. Statements that are not statements of
historical fact may be deemed to be forward-looking statements. Forward-looking
statements can be identified by the use of forward-looking terminology such as
"believes," "may," "should," "anticipates," "estimates," "expects," "future,"
"intends," "hopes," "plans," or the negative thereof. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that
could cause actual results of the Company to vary materially from historical
results or from any future results expressed or implied in such forward-looking
statements.

Any statements contained in this Form 10-Q that do not describe historical
facts, including without limitation statements concerning expected revenues,
earnings, product introductions and general market conditions, may constitute
forward-looking statements. Any such forward-looking statements contained herein
are based on current expectations, but are subject to a number of risks and
uncertainties that may cause actual results to differ materially from
expectations. The factors that could cause actual future results to differ
materially from current expectations include, but are not limited to, the
following: the Company's ability to raise the financing required to support the
Company's operations; the Company's ability to establish its intended
operations; fluctuations in demand for the Company's products and services; the
Company's ability to manage its growth; the Company's ability to develop, market
and introduce new and enhanced products on a timely basis; the Company's ability
to attract customers; and the ability of the Company to compete successfully in
the future. Any forward-looking statements should be considered in light of
those factors.

The Company files periodic reports with the SEC, as well as current reports on
Form 8-K, proxy or information statements and other reports required of publicly
held reporting companies. The public may read and copy any materials the Company
files with the SEC at the SEC's Public Reference Room at 100 F Street, N.E.,
Washington, D.C. 20549. The public may obtain information on the operation of
the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC also
maintains an Internet site that contains the reports, proxy and information
statements, and other information that the Company files electronically with the
SEC, which is available on the Internet at www.sec.gov. Further information
about the Company and its subsidiary may be found at www.brightec.com.

                                       3
<PAGE>
<TABLE>
<CAPTION>

                          PART I. FINANCIAL INFORMATION
                          ITEM 1. FINANCIAL STATEMENTS

                          Brightec, Inc. and Subsidiary
                      Condensed Consolidated Balance Sheets
                       June 30, 2008 and December 31, 2007

                                                                                     June 30,      December 31,
                                                                                       2008           2007
                                                                                   ------------    ------------
                                                                                   (Unaudited)      (Audited)
<S>                                                                                <C>             <C>
                                     ASSETS
Current assets
  Cash                                                                             $      5,280    $     32,464
  Accounts receivable                                                                       689           3,936
  Inventory                                                                             340,571         213,578
  Prepaid expenses                                                                       15,268          11,675
                                                                                   ------------    ------------
                                                            TOTAL CURRENT ASSETS        361,808         261,653
                                                                                   ------------    ------------

Office and photographic equipment                                                        27,984          23,511
  Less: accumulated depreciation                                                        (24,008)        (23,511)
                                                                                   ------------    ------------
                                                                                          3,976              --
                                                                                   ------------    ------------

Deposit                                                                                   2,041           2,041
Deferred offering costs                                                                  20,085          20,085
                                                                                   ------------    ------------
                                                                                         22,126          22,126
                                                                                   ------------    ------------

                                                                    TOTAL ASSETS   $    387,910    $    283,779
                                                                                   ============    ============
                     LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
  Line of credit                                                                   $    700,000    $    700,000
  Accounts payable                                                                       70,389         105,881
  Accrued liabilities (including related party interest of $27,913
       and $16,417 as of June 30, 2008 and December 31, 2007,
       respectively)                                                                    382,035         317,669
  Advances due to related party                                                       1,339,546         809,150
                                                                                   ------------    ------------
                                                       TOTAL CURRENT LIABILITIES      2,491,970       1,932,700
                                                                                   ------------    ------------
Stockholders' deficit
  Preferred stock                                                                            --              --
  Common stock                                                                          144,343         144,093
  Additional paid-in capital                                                         12,485,890      12,485,390
  Deferred compensation expense                                                         (36,401)        (50,807)
  Accumulated deficit                                                               (14,895,621)    (14,426,481)
  Accumulated other comprehensive income                                                197,729         198,884
                                                                                   ------------    ------------
                                                     TOTAL STOCKHOLDERS' DEFICIT     (2,104,060)     (1,648,921)
                                                                                   ------------    ------------

                                     TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT   $    387,910    $    283,779
                                                                                   ============    ============
</TABLE>

              The accompanying notes are an integral part of these
                  condensed consolidated financial statements.

                                       4
<PAGE>
<TABLE>
<CAPTION>

                          Brightec, Inc. and Subsidiary
                 Condensed Consolidated Statements of Operations
                 and Accumulated Deficit and Comprehensive Loss

                                                      For the Three Months Ended         For the Six Months Ended
                                                    ------------------------------    ------------------------------
                                                      June 30,         June 30,         June 30,         June 30,
                                                        2008             2007             2008             2007
                                                    -------------    -------------    -------------    -------------
                                                     (Unaudited)      (Unaudited)      (Unaudited)      (Unaudited)
<S>                                                 <C>              <C>              <C>              <C>
Sales                                               $         884    $       3,391    $       9,269    $       5,250

Cost of sales                                                 460            1,899            7,093            2,650
                                                    -------------    -------------    -------------    -------------

Gross profit                                                  424            1,492            2,176            2,600
                                                    -------------    -------------    -------------    -------------
Operating expenses
     Research and development                              38,636           37,551           71,718           55,245
     Selling and marketing                                 48,643           57,999          104,460           81,343
     General and administrative (including
          (related party consulting expenses of
          $7,469, $0, $14,938 and $0,
          respectively                                    119,182          259,384          212,857          437,377
                                                    -------------    -------------    -------------    -------------
                                                          206,461          354,934          389,035          573,965
                                                    -------------    -------------    -------------    -------------

Operating loss                                           (206,037)        (353,442)        (386,859)        (571,365)
                                                    -------------    -------------    -------------    -------------

Other Income (Expense)
     Interest income                                            6               --                6               37
     Financing costs                                           --         (128,680)              --         (128,680)
     Interest expense (including related party
          interest of $5,266, $3,848, $11,496 and
          $4,878, respectively)                           (40,668)         (36,400)         (82,287)         (71,018)
                                                    -------------    -------------    -------------    -------------
                                                          (40,662)        (165,080)         (82,281)        (199,661)
                                                    -------------    -------------    -------------    -------------

Net loss                                                 (246,699)        (518,522)        (469,140)        (771,026)

Accumulated deficit - beginning                       (14,648,922)     (13,315,751)     (14,426,481)     (13,063,247)
                                                    -------------    -------------    -------------    -------------

Accumulated deficit - ending                        $ (14,895,621)   $ (13,834,273)   $ (14,895,621)   $ (13,834,273)
                                                    =============    =============    =============    =============

Basic and diluted net loss per share                $          --    $          --    $          --    $       (0.01)
                                                    =============    =============    =============    =============
Weighted average number of shares used in
computation of basic and diluted net loss per
share                                                 144,342,837      130,709,870      144,224,052      127,767,901
                                                    =============    =============    =============    =============

COMPREHENSIVE LOSS

     Net loss                                       $    (246,699)   $    (518,522)   $    (469,140)   $    (771,026)

     Foreign currency translation adjustment                  360            6,221           (1,155)           1,780
                                                    -------------    -------------    -------------    -------------

     Comprehensive loss                             $    (246,339)   $    (512,301)   $    (470,295)   $    (769,246)
                                                    =============    =============    =============    =============
</TABLE>

              The accompanying notes are an integral part of these
                  condensed consolidated financial statements.

                                       5
<PAGE>
<TABLE>
<CAPTION>

                          Brightec, Inc. and Subsidiary
                 Condensed Consolidated Statements of Cash Flows

                                                                                      For the Six Months Ended
                                                                                    ----------------------------
                                                                                      June 30,        June 30,
                                                                                        2008            2007
                                                                                    ------------    ------------
                                                                                     (Unaudited)    (Unaudited)
<S>                                                                                 <C>             <C>
Cash flows from operating activities

Net loss                                                                            $   (469,140)   $   (771,026)
  Adjustments to reconcile net loss to net cash used for
       operating activities:
    Amortization of deferred stock based compensation                                     15,156              --
    Accrued interest on advances from related party                                       11,496           4,878
    Depreciation and amortization expense                                                    497              --
    Amortization of deferred financing costs                                                  --          44,369
    General and administrative expenses associated with
         stock based transactions                                                             --          60,500
    Selling and marketing expenses associated with stock
         based transactions                                                                   --          22,500
    Financing costs associated with stock based
         transactions                                                                         --         128,680
    Accrued interest on note receivable - related party                                       --             (37)
  Changes in operating assets and liabilities:
    (Increase) decrease in:
         Accounts receivable                                                               3,247            (510)
         Inventory                                                                      (126,993)       (143,321)
         Prepaid expenses                                                                 (3,593)        (16,360)
         Deposit                                                                              --             744
    Increase (decrease) in:
         Accounts payable                                                                (35,492)         22,716
         Accrued liabilities                                                              52,870          56,036
                                                                                    ------------    ------------
                                          Net cash used for operating activities        (551,952)       (590,831)
                                                                                    ------------    ------------
Cash flows from investing activities
    Purchases of property and equipment                                                   (4,473)             --
    Repayment of note receivable - related party                                              --          11,030
                                                                                    ------------    ------------
                            Net cash provided by (used for) investing activities          (4,473)         11,030
                                                                                    ------------    ------------
Cash flows from financing activities
    Advances received from related party                                                 530,396         590,000
    Repayment of advances from related party                                                  --         (11,030)
    Payment of deferred offering costs                                                        --         (20,085)
                                                                                    ------------    ------------
                                       Net cash provided by financing activities         530,396         558,885
                                                                                    ------------    ------------

Effects of changes in foreign exchange rates                                              (1,155)          1,780
                                                                                    ------------    ------------

                                                            Net decrease in cash         (27,184)        (19,136)

Cash - beginning                                                                          32,464          51,836
                                                                                    ------------    ------------

Cash - ending                                                                       $      5,280    $     32,700
                                                                                    ============    ============
See NOTE 12 for supplemental cash flow information.
</TABLE>

              The accompanying notes are an integral part of these
                  condensed consolidated financial statements.

                                       6
<PAGE>

                          Brightec, Inc. and Subsidiary
              Notes to Condensed Consolidated Financial Statements
                                   (Unaudited)

NOTE 1 - OPERATIONS
Brightec, Inc. ("Brightec" or the "Company") develops and markets luminescent
films incorporating luminescent or phosphorescent pigments (the "Luminescent
Product"). These pigments absorb and reemit visible light producing a "glow"
which accounts for the common terminology "glow in the dark." The Luminescent
Product will be sold primarily as a printable luminescent film designed to add
luminescence to existing or new products. The Company uses third parties for
manufacturing, and markets and sells graphic quality printable luminescent
films. These films are based on the Company's proprietary and patented
technology, which enables prints to be of photographic quality by day and
luminescent under low light or night conditions. The Company expects that its
Luminescent Product will be available for sale in a number of versions
appropriate for commonly used commercial and personal printing technology,
including offset printing, laser or inkjet printing, plus a variety of "print on
demand" digital technologies. The Company offers its products in sheets and
rolls.

NOTE 2 - INTERIM FINANCIAL STATMENTS
The accompanying unaudited condensed consolidated financial statements at June
30, 2008 and for the three- and six month periods then ended includes the
accounts of the Company and its wholly-owned subsidiary, Brightec S.A. (the
"Subsidiary"), a Swiss corporation. All inter-company transactions and balances
have been eliminated in consolidation. In our opinion, these unaudited condensed
consolidated financial statements have been prepared on the same basis as the
audited consolidated financial statements included in our Annual Report on Form
10-KSB for the year ended December 31, 2007, and include all adjustments,
necessary to make the financial statements not misleading. Certain footnote
disclosures normally included in financial statements prepared in accordance
with accounting principles generally accepted in the United States ("GAAP") have
been condensed or omitted in accordance with rules of the Securities and
Exchange Commission (the "SEC") for interim reporting. These condensed
consolidated financial statements should be read in conjunction with the audited
consolidated financial statements included in our Annual Report on Form 10-KSB
for the year ended December 31, 2007.

NOTE 3 - LIQUIDITY, MANAGEMENT PLANS AND GOING CONCERN
The Company had a working capital deficit of $2,130,162 and an accumulated
deficit of $14,895,621 at June 30, 2008, and recurring net losses since
inception. The ability of the Company to continue to operate as a going concern
is primarily dependent upon the ability of the Company to raise the necessary
financing, to effectively produce and market Brightec's products at competitive
prices, to establish profitable operations and to generate positive operating
cash flows. If the Company fails to raise funds, or the Company is unable to
generate operating profits and positive cash flows, there are no assurances that
the Company will be able to continue as a going concern and it may be unable to
recover the carrying value of its assets.

In 2006 the Company entered into a Loan and Security Agreement (the "Loan
Agreement") with Ross/Fialkow Capital Partners, LLP, Trustee of the Brightec
Capital Trust ("Ross/Fialkow") and borrowed $650,000. During 2007, the Company
borrowed an additional $50,000 under the Loan Agreement. As of June 30, 2008,
the remaining funds available under the Loan Agreement were $50,000. See NOTE 8
- LINE OF CREDIT.

The Company's president has been funding its cash requirements as needed through
unsecured cash advances. For the period January 1, 2008 through July 30, 2008,
the president has made unsecured cash advances of $520,000 and paid other
operating liabilities of $10,396. See NOTE 7 - RELATED PARTY TRANSACTIONS.

Management believes that it will continue to be successful in generating the
necessary financing to fund the Company's operations throughout the 2008
calendar year; however, unless alternative sources of funding are identified,
the Company will be totally dependent on its president to finance its
operations. There is no guarantee that the president will continue such
financing.

NOTE 4 - EARNINGS (LOSS) PER SHARE
The Company computes earnings or loss per share in accordance with SFAS No. 128,
"Earnings per Share." Basic earnings per share, is computed by dividing income
available to common stockholders by the weighted average number of common shares
outstanding. Diluted earnings per share reflect the potential dilution that
could occur if securities or other agreements to issue common stock were
exercised or converted into common stock, only in the periods in which the

                                       7
<PAGE>
                          Brightec, Inc. and Subsidiary
        Notes to Condensed Consolidated Financial Statements - continued
                                   (Unaudited)

effect is dilutive. The following securities have been excluded from the
calculation of net loss per share, as their effect would be anti-dilutive:
<TABLE>
<CAPTION>

                                           For the Three Months              For the Six Months
                                               Ended June 30,                  Ended June 30,
                                        ---------------------------    ----------------------------
                                           2008            2007            2008            2007
                                       ------------    ------------    ------------    ------------
                                       (Unaudited)     (Unaudited)      (Unaudited)    (Unaudited)

<S>                                       <C>             <C>             <C>             <C>
Warrants (weighted average)               6,320,832       6,320,832       6,320,832       6,390,353
                                       ============    ============    ============    ============

Convertible debt (weighted average)       5,833,333       5,416,667       5,833,333       5,416,667
                                       ============    ============    ============    ============

Stock options (weighted average)         20,500,000      24,962,911      20,500,000      24,962,911
                                       ============    ============    ============    ============
</TABLE>

NOTE 5 - INVENTORIES
Inventories are stated at the lower of cost (first-in, first-out) or market
value and consist of the following at June 30, 2008 and December 31, 2007,
respectively:
<TABLE>
<CAPTION>

                                                                         June 30,      December 31,
                                                                           2008            2007
                                                                       ------------    ------------
                                                                        (Unaudited)     (Audited)
<S>                                                                    <C>             <C>
Raw materials                                                          $     70,924    $     23,728
Work in process                                                              95,846         122,699
Finished goods                                                              173,801          67,151
                                                                       ------------    ------------

                                                                       $    340,571    $    213,578
                                                                       ============    ============
</TABLE>

NOTE 6 - INCOME TAXES
The Company has not calculated the tax benefits of its net operating losses as
of June 30, 2008 and December 31, 2007 since it does not have the required
information. The Company has not filed its federal and state corporate tax
returns for years ended December 31, 2005, 2004, 2003, 2002 and 2000. The tax
return filed for 2001 will need to be amended, if permitted by statute. Due to
the uncertainty over the Company's ability to utilize these operating losses,
any deferred tax assets, when determined, would be fully offset by a valuation
allowance.

NOTE 7 - RELATED PARTY TRANSACTIONS

Note Receivable - Related Party
-------------------------------
As of December 31, 2006, a note was receivable from the Company's president, who
is also a director and stockholder. The note, due no later than December 31,
2011, bore interest at a fixed rate of 5.05% and was full-recourse. Interest on
the note was accrued quarterly and due annually. During the six month periods
ended June 30, 2007, the entire outstanding balance of $10,993 plus accrued
interest was paid in full. The Company recognized interest income of $0 and $37
for the three- and six month periods ended June 30, 2007, respectively.

Advances due to related party
-----------------------------
At December 31, 2007, the Company owed its president $809,150 in connection with
unsecured cash advances made by him to the Company. During the three- and six
month periods ended June 30, 2008, he made advances to the Company of $340,086
and $530,396, respectively, of which $10,310 and $10,396, respectively, were for
costs incurred by the Company that he paid for personally. The Company did not
repay any of the outstanding advances.

All such advances bear interest at the Internal Revenue Service short term
"Applicable Federal Rate" (2.06% and 3.81% at June 30, 2008 and December 31,
2007, respectively) calculated and accrued monthly. As of June 30, 2008 and
December 31, 2007, accrued interest owed on the unsecured cash advances was
$27,913 and $16,417, respectively. Interest expense incurred for the three- and
six month periods ended June 30, 2008 and 2007 was $5,266, $3,848, $11,496 and
$4,878, respectively.

                                       8
<PAGE>
                          Brightec, Inc. and Subsidiary
        Notes to Condensed Consolidated Financial Statements - continued
                                   (Unaudited)

Consulting agreement
--------------------
On September 11, 2007, the Company issued 2,000,000 shares of common stock,
valued at $60,000, as consideration for a two-year consulting contract with a
significant stockholder. These shares were issued at $0.03 per share, the
closing price of the Company's common stock on the aforementioned date. For the
three- and six month periods ended June 30, 2008, the Company recognized
non-cash consulting expense of $7,469 and $14,938, respectively, related to the
consulting agreement. At June 30, 2008 and December 31, 2007, no monies were
owed to this stockholder.

NOTE 8 - LINE OF CREDIT
On June 8, 2006, the Company entered into the Loan Agreement with Ross/Fialkow,
in the amount of $750,000. The Loan Agreement, which was scheduled to expire on
June 30, 2008, was extended until December 31, 2008 under an agreement dated
June 16, 2008. The Company incurred a $2,500 renewal fee for the extension.
Advances from the line of credit bear interest at 20% per annum. The principal
amount of the loan plus accrued but unpaid interest, if any, is convertible at
any time prior to payment at the election of Ross/Fialkow, into the Company's
common stock at the rate of $0.12 per share. Such shares carry piggy-back
registration rights. All assets of the Company have been pledged, including the
assets of the Subsidiary.

As of June 30, 2008 and December 31, 2007, the outstanding balance on the line
of credit was $700,000. Interest expense was $35,389, $32,552, $70,778 and
$66,140 for the three- and six month periods ended June 30, 2008 and 2007,
respectively.

NOTE 9 - ACCRUED EXPENSES
At June 30, 2008 and December 31, 2007, accrued expenses consisted of the
following:
<TABLE>
<CAPTION>

                                                                      June 30,      December 31,
                                                                        2008            2007
                                                                    ------------    ------------
                                                                     (Unaudited)     (Audited)
<S>                                                                 <C>             <C>
Executive officer compensation                                      $    262,500    $    187,500
Professional fees                                                         41,118          47,554
Employee compensation                                                     30,000          35,000
Interest (including related party interest of $27,913 and $16,714
     as of June 30, 2008 and December 31, 2007, respectively)             39,580          28,306
Payroll and other taxes                                                    8,430          13,896
Purchases                                                                     --           4,772
Other                                                                        407             641
                                                                    ------------    ------------

                                                                    $    382,035    $    317,669
                                                                    ============    ============
</TABLE>

NOTE 10 - CAPITAL STOCK

Number of Shares of Common Stock Authorized, Issued and Outstanding
-------------------------------------------------------------------
Under the Company's charter, 245,000,000 shares of $0.001 par value common stock
are authorized. As of June 30, 2008 and December 31, 2007, 144,342,837 and
144,092,837 shares of common stock, respectively, were issued and outstanding.

Number of Shares of Preferred Stock Authorized, Issued and Outstanding
----------------------------------------------------------------------
5,000,000 shares of "blank check" preferred stock are authorized under the
Company's Articles of Incorporation. The terms, rights and features of the
preferred stock will be determined by the Board of Directors upon issuance.
Subject to the provisions of the Company's Certificate of Amendment to its
Articles of Incorporation and the limitations prescribed by law, the Board of

                                       9
<PAGE>
                          Brightec, Inc. and Subsidiary
        Notes to Condensed Consolidated Financial Statements - continued
                                   (Unaudited)

Directors would be expressly authorized, at its discretion, to adopt resolutions
to issue shares, to fix the number of shares and to change the number of shares
constituting any series and to provide for or change the voting powers,
designations, preferences and relative, participating, optional or other special
rights, qualifications, limitations or restrictions thereof, including dividend
rights (including whether the dividends are cumulative), dividend rates, terms
of redemption (including sinking fund provisions), redemption prices, conversion
rights and liquidation preferences of the shares constituting any series of the
preferred stock, in each case without any further action or vote by the
stockholders. The Board of Directors would be required to make any determination
to issue shares of preferred stock based on its judgment as to the best
interests of the Company and its stockholders. There were no shares of preferred
stock issued and outstanding at June 30, 2008 or December 31, 2007.

Issuances of Common Stock
-------------------------
On March 14, 2008, the Company agreed to issue 250,000 shares of its common
stock valued at $750 to Agoracom Investor Relations Corp. ("Agoracom") as
payment under an Investor Relations Agreement (the "IR Agreement"). Agoracom
will receive another 200,000 shares of common stock if the IR Agreement is not
terminated on or before September 17, 2008. The 250,000 shares of common stock
were issued on March 28, 2008.

Deferred Compensation Expense
-----------------------------
As discussed in NOTE 7 - RELATED PARTY TRANSACTIONS, 2,000,000 shares of common
stock, valued at $60,000, were issued as consideration for a two-year consulting
contract with a significant stockholder. The value of the stock issuance was
recognized as deferred compensation and is being amortized over twenty-four
months (the term of the consulting contract). As of June 30, 2008 and December
31, 2007, the unamortized balance of deferred compensation, related to the
consulting contact with the significant stockholder was $35,869 and $50,807,
respectively.

As previously discussed, on March 14, 2008, the Company agreed to issue 250,000
shares of its common stock valued at $750 to Agoracom pursuant to the IR
Agreement. The value of the stock issuance was recognized as deferred
compensation and is being amortized over twelve months (the term of the IR
Agreement). As of June 30, 2008, the unamortized balance of deferred
compensation, related to the IR Agreement was $533.

As of June 30, 2008 and December 31, 2007, the unamortized balance of deferred
compensation expense was $36,401 and $50,807, respectively.

NOTE 11 - RECENT ACCOUNTING PRONOUNCEMENTS
In March 2008, the Financial Accounting Standards Board ("FASB") issued
Statement of Financial Accounting Standards No. 161 ("SFAS No. 161"),
"Disclosures about Derivative Instruments and Hedging Activities - an amendment
of FASB Statement No. 133." SFAS No. 161 gives financial statement users better
information about the reporting entity's hedges by providing for qualitative
disclosures about the objectives and strategies for using derivatives,
quantitative data about the fair value of and gains and losses on derivative
contracts, and details of credit-risk-related contingent features in their
hedged positions. SFAS No. 161 is effective for financial statements issued for
fiscal years and interim periods beginning after November 15, 2008, with early
application encouraged, but not required. The Company does not anticipate that
the adoption of SFAS No. 161 will have a material effect on its financial
statements.

In April 2008, the FASB issued FASB Staff Position ("FSP") No FAS 142-3,
"Determination of the Useful Life of Intangible Assets" to improve the
consistency between the useful life of a recognized intangible assets under SFAS
No. 142, "Goodwill and Other Intangible Assets," and the period of expected cash
flows used to measure the fair value of the asset under SFAS No. 141 (revised
2007), "Business Combinations," and other guidance under GAAP. The Company does
not anticipate that the adoption of this FSP will have a material effect on its
financial statements. The FSP is effective for financial statements issued for
fiscal years beginning after December 15, 2008, and interim periods within those
years. Early adoption is prohibited.

                                       10
<PAGE>
                          Brightec, Inc. and Subsidiary
        Notes to Condensed Consolidated Financial Statements - continued
                                   (Unaudited)

In May 2008, the FASB issued SFAS No. 162, "The Hierarchy of Generally Accepted
Accounting Principles" ("SFAS No. 162"). SFAS No. 162 identifies the sources of
accounting principles and provides entities with a framework for selecting the
principles used in the preparation of financial statements that are presented in
conformity with GAAP. The FASB believes the GAAP hierarchy should be directed to
entities because it is the entity (not its auditors) that is responsible for
selecting accounting principles for financial statements that are presented in
conformity with GAAP. The adoption of SFAS No. 162 is not expected to have a
material impact on the Company's financial statements.

Management does not believe that any other recently issued, but not yet
effective, accounting standard if currently adopted would have a material effect
on the accompanying financial statements.

NOTE 12 - SUPPLEMENTAL CASH FLOW INFORMATION
<TABLE>
<CAPTION>

                                                              For the Six Months Ended
                                                            ----------------------------
                                                              June 30,        June 30,
                                                                2008            2007
                                                            ------------    ------------
                                                             (Unaudited)     (Unaudited)
<S>                                                         <C>             <C>
Supplemental disclosure of cash flow information

   Cash paid during the period for interest                 $     71,001    $     77,334
                                                            ============    ============

Non-cash activities

   Issuance of common stock related to investor relations
          agreement                                         $        750    $         --
                                                            ============    ============
   Issuance of common stock related to capital raise        $         --    $      4,244
                                                            ============    ============
   Issuance of common stock in satisfaction of accrued
          liabilities - related party                       $         --    $    150,000
                                                            ============    ============
   Issuance of common stock in satisfaction of advances
          from related party                                $         --    $    210,000
                                                            ============    ============
</TABLE>

                                       11
<PAGE>
ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

The following discussion of the our financial condition and results of our
operations should be read in conjunction with the Condensed Consolidated
Financial Statements and Notes thereto included elsewhere in this Quarterly
Report on Form 10-Q and our Annual Report on Form 10-KSB for the year ended
December 31, 2007. This Quarterly Report on Form 10-Q contains forward-looking
statements based on our current expectations, assumptions, estimates and
projections about us and our industry. These forward-looking statements are
usually accompanied by words such as "believes," "may," "should," "anticipates,"
"estimates," "expects," "future," "intends," "hopes," "plans," and similar
expressions, and the negative thereof. Forward-looking statements involve risks
and uncertainties and our actual results may differ materially from the results
anticipated in these forward-looking statements as a result of certain factors.

CRITICAL ACCOUNTING POLICIES
Certain of our accounting policies are particularly important to the portrayal
and understanding of our financial position and results of operations and
require us to apply significant judgment in their application. As a result,
these policies are subject to an inherent degree of uncertainty. In applying
these policies, we use our judgment in making certain assumptions and estimates.
Our critical accounting policies, which consist of revenue recognition, accounts
receivable reserves, inventories, derivative instruments (including stock
options) and income taxes are described in our Annual Report on Form 10-KSB for
the year ended December 31, 2007. There have been no material changes to our
critical accounting policies as of and for the three- and six month periods
ended June 30, 2008.

OVERVIEW
We develop and market luminescent films incorporating luminescent or
phosphorescent pigments (the "Luminescent Products"). These pigments absorb and
re-emit visible light producing a "glow" which accounts for the common
terminology "glow in the dark." Our Luminescent Products have been and will be
sold primarily as a printable luminescent film designed to add luminescence to
existing or new products. We manufacture, through third-party manufacturers,
market and sell graphic quality printable luminescent films. These films are
based on our proprietary and patented technology that enables prints to be of
photographic quality by day and luminescent by night. Our Luminescent Products
are available for sale in a number of versions appropriate for commonly used
commercial and personal printing technology, including offset printing or inkjet
printing, plus a variety of "print on demand" digital technologies. We currently
offer our products in sheets and rolls.

We completed the process of redesigning our website and began to introduce our
new product lines to the marketplace. We started introducing our new products to
the market in September 2007. During the first and second quarters of 2007, as a
result of our anticipated new product lines introduction, we began building our
inventory to meet the anticipated product demand.

Products that we introduced by the end of the 2007 included a line of new and
improved printing quality inkjet sheets of different formats, which are being
sold in small packs and bulk packs for the home, office and photographic digital
printing market, a line of inkjet rolls and sheets for the wide format digital
printing market, and a line of offset sheets and "flexo" for the commercial
printing market. Offset printing refers to the printing technique where an inked
image is transferred from a plate to a rubber blanket, and then to a printing
surface. "Flexo," an industry term, refers to the printing method whereby a
print is made by creating a positive mirror master of the image as a 3D relief.
A measured amount of ink is put on the surface of the printing plate. The print
surface then rotates, contacting the print material which transfers the ink.

We achieved our goal of launching our new website in September 2007 and we began
to introduce our new product line shortly thereafter. We anticipated introducing
a new product line every subsequent month and having all of our currently
planned products introduced to the market by the end of 2007. However, due to a
manufacturing complication, we were forced into re-working our manufacturing
process, which caused us not to be able to introduce all of the new product
lines that we had anticipated.

As previously discussed, we had been building the volume of our inventory for
the anticipated product demand once we introduced our new product line through
our website. We continued our attempts to further reduce our product cost;
however, during the second quarter of 2008, we changed our focus to developing a
sales and marketing effort since further cost reductions could not be achieved
because of the rising cost of our raw materials.

                                       12
<PAGE>

We continued to build our inventory in the second quarter of 2008 in
anticipation of generating 100% of our marketing materials in the third quarter
to be used in a major sales and marketing effort that we plan to begin in the
fourth quarter of 2008. These marketing materials, which will be professionally
printed, will shorten our marketing cycle as we will be able to present any of
our products on demand. We will also have our cost structure in place so that we
can quote the customer on demand.

Our major sales and marketing effort will involve targeting several market
segments, including, but not limited to puzzles and games, children's stickers,
home decor, electronics (e.g. device "skins"), trading cards and sports
collectibles. This effort will concentrate primarily on our Luminescent Product
that is used to enhance an existing product, but may also include targeting
consumers of our vinyl product which would be used primarily to produce signs
and banners.

In order to fund this effort, we intend to begin making proposals to potential
Swiss and United States investors in the fourth quarter of 2008, to generate
capital; however, we will most likely not close an investment until the first
quarter of 2009. Until we close an investment, the primary funding of our sales
and marketing effort will come from our president, as long as he has the funds
available to do so. If those funds should become unavailable, we would need to
curtail our sales and marketing effort or focus on fewer target markets until we
are successful and alternative funding is found.

ABILITY TO CONTINUE AS A GOING CONCERN
We have a working capital deficit of approximately $2,130,000, an accumulated
deficit of approximately $14,896,000 at June 30, 2008 and recurring negative
operating cash flows since inception. Our future viability is dependent upon our
ability to obtain additional financing and achieve profitability in future
operations. These circumstances raise substantial doubt about our ability to
continue as a going concern. Our auditors have included a "going concern"
qualification in their auditor's report for the year ended December 31, 2007.
Such a "going concern" qualification may make it more difficult for us to raise
funds when needed.

We believe we have the ability to obtain additional funds from new investors,
our principal stockholders and employees through the issuance of additional
debt, equity securities and/or the exercise of warrants and stock options;
however, until we identify alternative sources of funding, we will be totally
dependent on our president to fund our operations. Our president has made
approximately $630,000 in unsecured cash advances to us through August 1, 2008
and we anticipate significant additional unsecured advances from our president
for the remainder of 2008 into 2009 as we begin our previously discussed sales
and marketing efforts.

There can be no assurances that we will be able to raise the funds we require,
or that if such funds are available, that they will be available on commercially
reasonable terms. Our ability to continue to operate as a going concern is
primarily dependent upon our ability to generate the necessary financing to
effectively market and produce our products, to establish profitable operations
and to generate positive operating cash flows. If we fail to raise funds or are
unable to generate operating profits and positive cash flows, there are no
assurances that we will be able to continue as a going concern and we may be
unable to recover the carrying value of our assets. We believe that we will be
successful in generating the necessary financing to fund our operations through
the 2008 calendar year. Accordingly, we believe that no adjustments or
reclassifications of our recorded assets and liabilities are necessary at this
time.

RESULTS OF OPERATIONS

THREE- AND SIX MONTH PERIODS ENDED JUNE 30, 2008 COMPARED WITH THREE- AND SIX
MONTH PERIODS ENDED JUNE 30, 2007

Revenues
--------
Our revenues, net of returns, allowances and discounts, for the three- and six
month periods ended June 30, 2008, were $884 and $9,269, respectively compared
to $3,391 and $5,250 for the comparable three- and six month periods of 2007.
The decrease in our revenue for the three month period ended June 30, 2008 was
due to fewer purchases of our Luminescent Product through our internet webstore,
which accounted for 100% of our revenue.

For the six month period ended June 30, 2008, the increase in our revenue was
due to an increase in the number of commercial sales we made and because of a
specialized promotional product that we manufactured and delivered in the first
quarter of 2008.

                                       13
<PAGE>

During the second quarter of 2008 we had no commercial sales of our Luminescent
Product as we concentrated on building our inventory in anticipation of
producing our marketing samples for our previously discussed sales and marketing
effort planned for the fourth quarter.

Gross Profit
------------
Our gross profit was $424 (48.0%) and $2,176 (23.5%) for the three- and six
month periods ended June 30, 2008, respectively, compared to a gross profit of
$1,492 (44.0%) and $2,600 (49.5%) for the comparable three- and six month
periods in fiscal 2007. The decrease in our gross profit for the three month
period ended June 30, 2008 was due to the decrease in revenue previously
discussed.

The decrease in our gross profit for the six month period ended June 30, 2008
was due to cost overruns with respect to the specialized promotional product
that we manufactured and delivered in the first quarter of 2008.

Research and Development Expenses
---------------------------------
Research and development expenses increased by $1,085 and $16,473 for the three-
and six month periods ended June 30, 2008, respectively, to $38,636 and $71,718,
respectively, from $37,551 and $55,245 for the comparable three- and six month
periods of 2007. The increase for the three month period ended June 30, 2008 was
primarily related to a change in the method of allocating payroll taxes.

The increase for the six month periods ended June 30, 2008 was primarily due to
specific costs incurred relating to a necessary change in the primary raw
materials used in manufacturing our Luminescent Product. The change required us
to change our manufacturing process.

Selling and Marketing Expenses
------------------------------
Selling and marketing expenses consist of payroll and related taxes, website
maintenance costs, travel costs and fees paid in connection with promotional
activities and press releases and shareholder communications. Selling and
marketing expenses increased (decreased) by ($9,356) and $23,117 for the three-
and six month periods ended June 30, 2008, respectively, to $48,643 and
$104,460, respectively, from $57,999 and $81,343 for the comparable three- and
six month periods of 2007. The decrease for the three month period ended June
30, 2008 is primarily related to costs that were incurred during the comparable
period of 2007 relating to the redesign of our website.

The increase for the six month period ended June 30, 2008 is primarily related
to the increased allocation of employee compensation costs to sales and
marketing as the result of relieving certain general and administrative duties
from our sales and marketing staff. Those general and administrative duties were
shifted to and outside accounting consultant. The increase is also attributable
to higher material costs to produce our sales and marketing samples with our new
raw materials.

As previously discussed, we anticipate beginning a major sales and marketing
effort targeting consumers that use our Luminescent Product to enhance an
existing product, such as a puzzle or a game, stickers, home decoration, "skins"
for electronic products, trading cards and other sports collectibles. Our sales
and marketing costs will increase significantly as our marketing samples are
produced in the third quarter and our sales and marketing effort begins in the
fourth quarter. We anticipate that the cost of this sales and marketing effort
will be approximately $500,000 to $750,000, which includes the costs to produce
all of our marketing samples. We also anticipate this sales and marketing effort
will extend through a significant portion of 2009.

General and Administrative
--------------------------
General and administrative expenses consisted primarily of the compensation of
our executive officer, other payroll and related taxes and benefits, deferred
financing expenses and rent as well as legal and accounting fees. General and
administrative expenses decreased by $140,202 and $224,520 for the three- and
six month periods ended June 30, 2008, respectively to $119,182 and $212,857,
respectively, from $259,384 and $437,377 for the comparable three- and six month
periods of 2007. The decrease is primarily due to a change in salary allocation
to allocate more employee compensation costs to selling and marketing and
research and development. In addition, we incurred non-recurring legal and
accounting fees in the first quarter of 2007 related to our amended quarterly
and annual reports filed with the SEC. The first quarter of 2007 also included
the amortization of deferred financing costs related to our Loan and Security
Agreement (the "Loan Agreement") with Ross/Fialkow Capital Partners, LLP,
Trustee of the Brightec Capital Trust ("Ross/Fialkow").

                                       14
<PAGE>

General and administrative costs include consulting fees of $7,469 and $14,938
for the three- and six month periods ended June 30, 2008, related to a two-year
consulting contract with a significant stockholder, commencing on September 11,
2007. We did not have a consulting contract with this stockholder for the
comparable time periods of 2007.

OTHER INCOME (EXPENSE)

Interest Income
---------------
For the three- and six month periods ended June 30, 2008 and 2007, interest
income was $6, $0, $6, and $37, respectively. Interest income for the three- and
six month periods ended June 30, 2008 was derived from a security deposit that
was refunded to us, that related to our utilities. Interest income for the
comparable periods of 2007 was dependent on the outstanding balance of a note
receivable from our president. As of March 31, 2007, the entire outstanding
balance of the note receivable was paid in full. We do not have any other
sources from which we derive interest income and we do not currently anticipate
recognizing any future interest income.

Financing Costs
---------------
In the second quarter of 2007, we modified the terms of certain warrants issued
to investors. Accounting principles generally accepted in the United States of
America require that when the terms of a previously issued warrant are modified,
the modification is treated as an exchange of the original warrant. The excess
of the fair value of the warrant on the date the modification is effective over
the fair value of the warrant on the date immediately preceding the modification
date, if any, is amortized to expense over the remaining vesting period (or
recognized immediately if the warrants are vested 100%).

As a result of the modifications, we recognized financing costs of $128,680 for
the three- and six month periods ended June 30, 2007.

Interest Expense
----------------
For the three- and six month periods ended June 30, 2008 and 2007, interest
expense was $40,668, $36,400, $82,287, and $71,018, respectively. Interest
expense is dependent on the outstanding balance of our line of credit and the
outstanding balance of unsecured cash advances we received from our president.

For the three- and six month periods ended June 30, 2008 and 2007, we incurred
interest of $35,389, $32,552, $70,778, and $66,140, respectively, on our Loan
Agreement with Ross/Fialkow. We also incurred interest on unsecured cash
advances from our president of $5,266, $3,848, $11,496 and $4,878, respectively.
For the three months ended June 30, 2008, we incurred other miscellaneous
interest costs of $13.

Income Taxes
------------
We have not calculated the tax benefits of our net operating losses, since we do
not have the required information. Due to the uncertainty over our ability to
utilize these operating losses, any deferred tax assets, when determined, would
be fully offset by a valuation allowance.

LIQUIDITY AND CAPITAL RESOURCES AS OF JUNE 30, 2008
Since inception, our operations have not generated sufficient cash flow to
satisfy our capital needs. We have financed our operations primarily through the
private sale of shares of our common stock, warrants to purchase shares of our
common stock and debt securities. We have generated, from inception through June
30, 2008, cumulative net cash proceeds from the sale of our equity of
approximately $4.9 million. Our net working capital deficit at June 30, 2008 was
$2,130,162 compared to a deficit of $1,671,047 as of December 31, 2007.

Our authorized capital stock consists of 245,000,000 shares of common stock, of
which 144,342,837 shares were issued and outstanding at June 30, 2008. The
number of shares issued excludes shares of common stock to be issued upon the
exercise of outstanding options and warrants.

Cash decreased to $5,280 at June 30, 2008 from $32,464 at December 31, 2007.

Net cash used for operating activities for the six months ended June 30, 2008
was $551,952. The primary reason for the cash usage was to fund the loss for the
period and build our inventory in anticipation of our upcoming sales and
marketing campaign in the fourth quarter of 2008.

                                       15
<PAGE>

Net cash used for investing activities for the six months ended June 30, 2008
amounted to $4,473 and represented the purchase of a new computer and new
computer software to be used in our sales and marketing efforts.

Net cash provided by financing activities for the six months ended June 30, 2008
was $530,396. The net cash provided was solely from unsecured cash advances
received from our president.

Credit Availability
-------------------
We have a $750,000 Loan Agreement with Ross/Fialkow, as described in NOTE 8 -
LINE OF CREDIT of our condensed consolidated financial statements. As of June
30, 2008 we had borrowed $700,000 of the $750,000 available under this
agreement.

Commitments
-----------
We had no material capital expenditure commitments as of June 30, 2008.

Effects of Inflation
--------------------
We believe that our financial results have not been significantly impacted by
inflation and price changes. We have experienced only minimally modest increases
in the cost of transporting our inventory to and between our manufacturing
vendors and our warehouse and the costs of shipping our Luminescent Product to
purchasers, as our vendors have added fuel surcharges to our normal shipping
costs.

                                       16
<PAGE>

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a "smaller reporting company" defined by Item 10 of Regulation S-K, we are
not required to provide this information.

ITEM 4T. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures
------------------------------------------------
Based on an evaluation under the supervision and with the participation of the
Company's management, the Company's principal executive officer and principal
financial officer (one individual) have concluded that the Company's disclosure
controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities Exchange Act of 1934, as amended ("Exchange Act") were effective as
of the date of this report to ensure that information required to be disclosed
by the Company in reports that it files or submits under the Exchange Act is (i)
recorded, processed, summarized and reported within the time periods specified
in the Securities and Exchange Commission rules and forms and (ii) accumulated
and communicated to the Company's management, including its principal executive
officer and principal financial officer (one individual), as appropriate to
allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting
----------------------------------------------------
There were no changes in the Company's internal control over financial reporting
during the second quarter of 2008, which were identified in connection with
management's evaluation required by paragraph (d) of Rules 13a-15 and 15d-15
under the Exchange Act, that have materially affected, or are reasonably likely
to materially affect, the Company's internal control over financial reporting.


                                       17
<PAGE>

PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

There are no material legal proceedings pending to which the Company is a party
or to which any of its properties are subject.

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Not Applicable

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

Not Applicable

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not Applicable

ITEM 5.  OTHER INFORMATION

Not Applicable


                                       18
<PAGE>

ITEM 6.  EXHIBITS

Number                       Description of Exhibit
------                       ----------------------

 31      Certification of Chief Executive Officer and Chief Financial
         Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of
         2002 (filed herewith).                                              E-1

 32      Certification of Chief Executive Officer and Chief Financial
         Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant
         to Section 906 of the Sarbanes-Oxley Act of 2002
         (filed herewith).                                                   E-2


                                       19
<PAGE>


                                   SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                      BRIGHTEC, INC.

Date: August 14, 2008                 By:  /s/ Patrick Planche
                                           -------------------------------------
                                           Patrick Planche
                                           President and Chief Executive Officer



                                       20