<PAGE>



                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB


[  X  ]    Annual  Report  Pursuant  To  Section  13 Or 15(D) Of The Securities
           Exchange  Act  Of  1934

           For  the  fiscal  year  ended  June  30,  2002

[    ]     Transition  Report  Under  Section  13  Or  15(D)  Of  The Securities
           Exchange  Act  Of  1934

           For  the  transition  period  from  _____  to  _____

COMMISSION  FILE  NUMBER          000-33369
                                  ---------

                         Sedona Software Solutions, Inc.
                         -------------------------------
                 (Name of small business issuer in its charter)


Nevada                                    98-0226926
------------------------------            --------------
(State or other jurisdiction of           (I.R.S. Employer
incorporation or organization)            Identification No.)


503-1755  Robson  Street
Vancouver, British Columbia, Canada       V6G3B7
----------------------------------------  -----------
(Address of principal executive offices)  (Zip Code)

(604)  681-6334
-------------------------
Issuer's telephone number


Securities  registered  under  Section  12(b)  of  the  Exchange  Act:  NONE.
                                                                        -----


Securities registered under Section 12(g) of the Exchange Act:  1,375,500 shares

                    COMMON STOCK, PAR VALUE $0.001 PER SHARE.
                    -----------------------------------------


Check  whether  the issuer (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. Yes  [ X ]   No [   ]

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  is  not  contained  in  this  form,  and  no disclosure will be
contained,  to  the  best  of  registrant's  knowledge,  in  definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or  any  amendment  to  this  Form  10-KSB.  [  ]

State  issuer's  revenues  for  its  most  recent  fiscal  year  $0
                                                                 --

State the aggregate market value of the voting and non-voting common equity held
by  non-affiliates

                                  Page 1 of 20

<PAGE>

computed  by  reference to the price at which the common equity was sold, or the
average bid and asked price of such common equity, as of a specified date within
the  past  60  days.  (See definition of affiliate in Rule 12b-2 of the Exchange
Act.)  $41,265  as  of  September  19,  2002.


State the number of shares outstanding of each of the issuer's classes of common
equity,  as  of  the  latest  practicable  date.  5,376,500  common  shares  are
outstanding  as  of  September  19,  2002.

Transitional Small Business Disclosure Format (check one): Yes  [   ]  No [ X  ]


                                  Page 2 of 20

<PAGE>
                                     PART I

ITEM  1.     DESCRIPTION  OF  BUSINESS.

Business  Development
---------------------

We  were incorporated on July 14, 1999 under the laws of the state of Nevada. We
commenced  business  operations  in  February  2001.  We are a development stage
company  possessing  a  current license to use a technology known as the Autonet
Parking  Violation Management suite of software, known as the Autonet system, or
Autonet.  Autonet  is  a  computerized  motor  vehicle ticket information system
designed  to  provide instant information to its users.  This device is designed
to  be  used by private parking companies, cities, municipalities, county, state
or  provincial parking enforcement agencies, and the like, to supply information
about  licensed  vehicles.  We  have  the  right  to  acquire  Autonet  from its
developer, Markatech Industries Corp., under an option agreement.  Additionally,
we  have  entered  into  a  Licensing, Development and Marketing Agreement under
which  Markatech  is  to  continue  developing  the  Autonet  system to meet the
requirements  of the current market-dictated digital communications environment.

Autonet  Option  Agreement

On  April  30,  2000,  Markatech  Industries Corporation granted us an option to
acquire  all  right, title and interest in  Autonet. The option was to expire on
September  30,  2001; however, the agreement has since been amended to expire on
July  1,  2003.

Markatech,  the  owner and developer of the Autonet Parking Violation Management
system  software  is  a  Vancouver, Canada, based technologies firm. The firm is
focused  upon  the  development  of  computer  software  and integrated hardware
products for industry and government. Our president and director, John Cooper is
a  member  of  the  Markatech  Advisory  Board  and  holds  options  to purchase
approximately  30,000  shares  of Markatech's stock, which constitutes less than
one percent of that company's currently outstanding shares.  Mr. Cooper is not a
director,  officer  or  affiliate  of  Markatech.

Under  the  terms  of the option agreement and the amendments negotiated between
ourselves  and  Markatech,  we  have  the  right to acquire all right, title and
interest in Autonet, for the amount of $410 that has been paid, and the issuance
to  Markatech  of  1,000,000  shares of our common stock at the time of closing.
Closing  must  occur  prior to July 1, 2003. A condition precedent to us closing
this  transaction is that our common shares must be listed or quoted for trading
on  a  recognized  United  States  public  trading  market.

Our  company  began  trading  on the NASDAQ-OTCBB US exchange on March 23, 2002,
thus  fulfilling  the  material  requirement of this agreement.  Nonetheless, we
decided  not  to  exercise  our  option  with Markatech and instead extended our
option  agreement  in  June  2002.  Due  to  market  changes  in  the  digital

communications  environment, Markatech has been delayed in adjusting the Autonet
system  to  the current state of technology existing in the market today.  Under
our  Licensing,  Development  and  Marketing Agreement, Markatech is required to
meet  certain  performance requirements with regard to the Autonet system before
we  will  exercise  our option. Because of these performance delays, we will not
exercise this option and issue the 1,000,000 shares to Markatech until such time
that  the  development  of  the  product  has reached a point where we can begin
marketing  this  product  to  potential  purchasers.

                                  Page 3 of 20

<PAGE>

Intellectual  Property  Rights

Our  acquisition of Autonet will include all intellectual property rights which
are  now  or may be in existence upon the date of acquisition. Many intellectual
property  rights,  such  as  physical  product  and business methods patents are
granted  only  upon  application. Markatech has made no such applications in any
jurisdiction  with  respect  to  Autonet.  Immediately  upon  our acquisition of
Autonet  we  intend  to  conduct a full review of applicable laws in a number of
legal  jurisdictions,  and  make  application  accordingly.

Autonet  Licensing,  Development  and  Marketing  Agreement

Early in 2001, we became increasingly concerned that delays in acquiring Autonet
could damage our business potential. Technologies tend to have finite lifecycle,
and  a  large  portion  of Autonet's was in danger of being wasted on the shelf.
Furthermore,  issues  identified  during  beta-testing  of  the  Autonet product
remained  un-addressed.  In  addition,  Markatech  considered  that  it  had  a
significant  manpower investment in promoting Autonet and was reluctant to share
its  marketing  experience  without  compensation.

To  address our above concerns, on February 1, 2001 we entered in the licensing,
development  and  marketing  agreement  with  Markatech  which  has  since  been
extended.  The  following  outlines  the  material  points  of  that  agreement.

     Licensing:  Upon the payment of a total of $20, Markatech granted us a full
     and  exclusive  license  to  Autonet.  The  license  originally  expired on
     September  30,  2001;  however,  this  has been extended to July 1, 2003 to
     coincide  with  the  extension  of  the  Option  Agreement.

     Development:  Upon entering into the agreement, we paid Markatech $4,000 in
     order that they proceed with further product development. Upon the exercise
     of  the  Option  Agreement,  we  will  pay  a  total  of $44,000 in monthly
     installments  equal  to  5%  of  the gross revenues received by Sedona with
     respect  to  any  sales  of  the Autonet development technology. All right,
     title  and  interest in the Autonet development technology shall remain the
     property  of  Markatech  until monthly installments paid by us to Markatech
     have  totaled  $44,000.

     Marketing: Rather than pay Markatech for marketing leads, we have agreed to
     pay  them  a 12% commission on all sales of Autonet which they may generate
     from  their leads-list of 18 potential users. We expect that Markatech will
     generate  our  initial  sales.


Since  September  20, 2001, we have remained cautiously optimistic regarding our
developmental  concerns  with respect to delays in acquiring Autonet. We believe
the basic capabilities and functionality of the Autonet system remain unique and
highly  marketable.  However,  as  mentioned above, in order for us to take this
product  to market, Markatech will need to continue their development efforts in
order  to  make  the  system  interface  with the current digital communications
technical  environment.  Markatech  has  estimated that by the end of our second
quarter,  we  will  have  a  system  that  will be operational in the current G2
environment

                                  Page 4 of 20

<PAGE>

which  utilizes cell phones and PDAs. Once this updated version of the system is
completed,  we  will  proceed  with  the marketing portion of our agreement with
Markatech  by  the  beginning  of  our  third  quarter  or  January  1,  2003.

Business  of  Issuer
--------------------

The  Autonet  Parking  Ticket  Violation  Management  System  Software

The  development  of  Autonet  began  in  early 1996 with the goal of creating a
system  that  aided  parking violation enforcement.  This goal was realized with
the  design  of  a  hand-held  wireless  computer  based  software  suite  that
communicated  with  a  remote  central  computer.

The  objective of the Autonet system is to increase the effectiveness of parking
violation enforcement and collection.  The software can be customized to reflect
the  correct  action  to  be  taken  by  the  parking  enforcement officer.  The
immediate  access to information at the point of ticketing is believed to result
in  more  effective  collection,  reduced  costs,  and  increased  revenues.

Product  Overview


Autonet  is  a  computerized  Parking  Violation  Management  suite  of software
designed to provide instant information to patrollers about any licensed vehicle
in  a given region. The Autonet system utilizes a small hand-held computer which
fits  comfortably  in  the  palm  of the officer's hand.  The hand-held computer
features  a  user-friendly touch screen operation and built-in accessories.  The
key  difference between Autonet and other computer-based systems is that Autonet
allows  communication  with  a central computer center in real time, rather than
through  a  delayed  batch  entry.

Within  moments  of keying in the license plate number, a patrolling officer may
have access to a full report on the subject vehicle.  All outstanding violations
specifically  linked  to  the subject vehicle can be automatically listed on the
hand-held  screen  for  the  officer's  review.  The  software  thus empowers an
operator  to  accurately  and  immediately  access a history of the offender and
delineates  specific  actions  that  may  be  taken  immediately.

The  central  computer  also processes violations, initiates the fine collection
process  and  updates  and  administers  the  database.


Product  Benefits

Autonet's  key  benefits  are  its  ability  to:
-    Improve  the  collection  of  outstanding  citations;
-    Increase  the  effectiveness  of  violation  enforcement  procedures;
-    Improve  access  to  information  prior  to  ticketing  a  vehicle;
-    Provide  customized  solutions  to  suit  the  needs  of  each  client;
-    Share  information  gathered  among  different  agencies;
-    Save  time and effort through real-time updating at the point of ticketing.

                                  Page 5 of 20

<PAGE>

Autonet  also  provides  increased  accuracy in  ticketing with an on-line error
detection  process.  Through  this detection process, errors are reported to the
patrolling  officer  in  the  field  at  the  time  of  ticket  creation.

Competition

There  are  at  least  ten  vendors  of automated batch parking citation systems
offering  a  variety  of  products.  Some  manufacture their own hardware, while
others  resell  other  companies' terminals (typically Symbol, Telxon or Norand)
with  their  own  proprietary  software.

Of  the  industry  leaders,  AutoCITE, and Radix continue to offer an integrated
terminal unit with a built-in printer and a self-contained battery pack.  Clancy
Systems  International,  however, has begun marketing a system based upon the G2
Palm  Pilot.

In  some  jurisdictions, license numbers are bar-coded and displayed in stickers
attached to vehicle windows, therefore some systems incorporate bar code readers
so that the vehicle license number does not need to be entered.  All systems can
print  bar  code,  so  that the ticket can be matched with the payment received.

Marketing  Plan

We  anticipate  that  we will begin implementing the following marketing plan in
our  third  quarter  which  commences on January 1, 2003 as we project to have a
marketable  product  completed  by  that  time.

In  order  to  achieve  our  goal of being a leader in sales and distribution of
wireless  communication  software for the parking violation management industry,
we  intend  to  implement  a  wide  range  of  marketing  strategies.

     Targeted  Direct  Sales
     -----------------------
-    To  prepare  and  distribute  through  focused  marketing channels, product
     brochures  and  information  kits  directed  at  prospective  customers;
-    To  establish  a  close  liaison  with  both regional and national computer
     equipment  leasing  firms;
-    To  attend  selected  trade  shows;
-    To  initiate  a  1-800  telephone  access  number;
-    To  initiate  a  program of print media direct advertising through selected
     national  trade  journals;
-    To  develop  and initiate regular follow-up with users and potential users;
-    To  establish  an  Internet  website.

     Targeted  at  Value-Added  Resellers  ("VARs")
     ----------------------------------------------
-    To  scout at trade shows and journals known to attract VARs that specialize
     in  the  types  of  hardware which we specify for Autonet. Such hardware is
     utilized extensively for transportation and inventory control applications;

                                  Page 6 of 20

<PAGE>

-    To  sponsor  education  seminars  for  potential  customers  and resellers.
-    To  prepare  and  distribute  through  focused  marketing channels, product
     brochures  and  information  kits  directed  at  prospective customers on a
     cooperative  advertising  basis  with  VARs;
-    To  initiate  a  program of print media direct advertising through regional
     trade  journals  on  a  cooperative  advertising  basis  with  the  VARs;
-    To  attend  trade  shows  with  VARs  on  a  cooperative advertising basis.

In  the  past  few  years, hand-held traffic ticket and parking citation systems
have  gained  increasing acceptance by the various parking violation enforcement
authorities  in  North  America.  This  development  has been fueled both by the
availability  of  cost effective hand-held computer systems, as well as the need
for  the  enforcement  authorities  to  increase  the productivity of the ticket
issuing  officers  and  to  increase  their  rate  of  collections.

Research  and  Development

We  have  made  no  direct research and development expenditures in the last two
years.

Employees

Other  than  the  current  directors  and  officers,  the  company  has hired no
employees.  We  do not intend on hiring any employees until the initial revenues
are  generated  from  the  Autonet  system.

ITEM  2.     DESCRIPTION  OF  PROPERTY.

We  do not lease or own any real property.  Sedona is currently headquartered at
our  president John Cooper's offices on a no-charge basis as there is no need at
this  time  for  Sedona  to  maintain  leased  space  of  its  own.


ITEM  3.     LEGAL  PROCEEDINGS.

We  are  not  a party to any legal proceedings at this time or in the past year.


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

During  the fourth quarter of the fiscal year covered by this report, there were
no  matters  submitted  to  our  security  holders  for  vote.

                                  Page 7 of 20

<PAGE>

                                     PART II


ITEM  5.     MARKET  FOR  COMMON  EQUITY  AND  RELATED  STOCKHOLDER  MATTERS.

Market  Information

Our  common  stock  is listed on the NASDAQ-OTC system, under the trading symbol
"SSSI".  There  was no trading market in the stock prior to the end of the third
calendar  quarter  of  2002.  The  following  table lists the high and low sales
prices  for  our  common  stock  during  the  two  most  recent fiscal quarters:

NASDAQ-OTC:

                                     High  Sales          Low  Sales
                                        Price               Price
                                        -----               -----
          Third  Quarter  2002          $0.03               $0.03
          Fourth  Quarter  2002          0.03                0.03

The  quotations reflect inter-dealer prices, without retail mark-up, markdown or
commission  and  may  not  represent  actual  transactions.

As  of  June  30,  2002,  there  were  47  record  holders  of our common stock.

Registration  Rights

We  have  not  granted registration rights to the selling shareholders or to any
other  persons.

Dividends

There  are  no  restrictions  in  our  articles  of incorporation or bylaws that
prohibit us from declaring dividends.   The Nevada Revised Statutes, however, do
restrict  us  from  declaring  dividends  where,  after  giving  effect  to  the
distribution  of  the  dividend:

(1)  we  would  not  be  able  to  pay our debts as they become due in the usual
     course  of  business;  or

(2)  our  total assets would be less than the sum of our total liabilities, plus
     the  amount  that would be needed to satisfy the rights of shareholders who
     have  preferential  rights  superior  to  those receiving the distribution.

We  have  not declared any dividends and we do not plan to declare any dividends
in  the  foreseeable  future.


                                  Page 8 of 20

<PAGE>


Recent  Sales  of  Unregistered  Securities

We issued 2,500,000 shares of our common stock to Mr. John E. Cooper on July 14,
1999  in  consideration  for  his assistance in our formation. Mr. Cooper is our
president,  CEO  and  chief  financial officer, as well as one of our directors.
These shares were issued pursuant to Section 4(2) of the Securities Act of 1933,
and  are  restricted  shares,  as  defined  in  the  Act.

On  July  7,  1999,  pursuant to a pre-incorporation agreement of the same date,
Messrs. John E. Cooper, Andrew J. Cooper, and Gordon E. Cooper, all directors of
our  company,  each  purchased  500,000 shares of our common stock at a price of
$0.001  per  shares.  These  shares  were issued pursuant to Section 4(2) of the
Securities  Act  of  1933,  and  are  restricted  shares, as defined in the Act.

Pursuant to the pre-incorporation agreement, on July 14, 1999, we agreed to sell
1,250,000  shares  of  our common stock to five persons at a price of $0.001 per
shares.  We  completed  these  sales  pursuant  to Regulation S of the Act on or
before  June 2000.  Each purchaser represented to us that he was a non-US person
as  defined  in  the  regulation.  We  did  not engage in a distribution of this
offering  in  the  United  States.  Each  purchaser represented his intention to
acquire  the  securities  for  investment  only  and  not  with  a  view  toward
distribution.  Appropriate legends were affixed to the stock certificates issued
to  each  purchaser  in  accordance  with Regulation S.  Each investor was given
adequate  access  to  sufficient  information  about  us  to  make  an  informed
investment  decision.  None  of  the securities were sold through an underwriter
and  accordingly,  there were no underwriting discounts or commissions involved.
No  registration  rights  were  granted  to  any  of  the  purchasers.

On November 22, 1999, we issued 1,000 shares of our common stock to Ms. Kathleen
Smith,  our  corporate  secretary,  in consideration of the payment of $0.10 per
share.  These  shares were issued pursuant to Section 4(2) of the Securities Act
of  1933,  and  are  restricted  shares,  as  defined  in  the  Act.

In  addition, on May 16, 2000 we completed the issue of 125,500 shares of common
stock  to  thirty-nine  purchasers  at  a price of $0.10 per share. We completed
these  sales pursuant to Regulation S of the Act.  Each purchaser represented to
us  that he was a non-US person as defined in the regulation.  We did not engage
in  a  distribution  of  this  offering  in  the  United States.  Each purchaser
represented  his intention to acquire the securities for investment only and not
with  a view toward distribution.  Appropriate legends were affixed to the stock
certificates  issued  to  each  purchaser in accordance with Regulation S.  Each
investor was given adequate access to sufficient information about us to make an
informed  investment  decision.  None  of  the  securities  were sold through an
underwriter and accordingly, there were no underwriting discounts or commissions
involved.  No  registration  rights  were  granted  to  any  of  the purchasers.

                                  Page 9 of 20

<PAGE>

ITEM  6.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION.

Plan  of  Operation
-------------------


Our  operational  objectives  for the next twelve months with respect to Autonet
are to position our company as a finely focused software developer and marketer,
and  commence  commercial  marketing  of Autonet. Our president, John Cooper, is
assisting  us  in meeting our cash requirements and Mr. Cooper has expressed his
intention  to  continue  loaning  funds  to  us to maintain our current level of
operations until the option agreement with Markatech has been exercised. This is
expected  to  occur  before  July  1, 2003.  Mr. Cooper has loaned us a total of
$33,763 as of June 30, 2002. There is no guarantee that Mr. Cooper will continue
loaning  funds  to  us  in  the  future.

By  the  end  of  our  fiscal year 2003, we project that the Autonet system will
begin  to  produce revenues through initial sales, to be generated by Markatech,
pursuant  to  our Licensing, Development and Marketing Agreement with Markatech.
Once  we  begin  to  generate  revenues, we intend to raise additional operating
funds  through private placements in order to fund a stronger in-house marketing
program.

Over the next three quarters, we expect that our company's day-to-day operations
will  continue  to  be conducted from corporate facilities owned by John Cooper,
our  president.  Also,  during  this  period  direct  costs  to our company will
continue  to  be funded by loans from Mr. Cooper. We estimate these direct costs
amount  to  approximately $5,000 per fiscal quarter and they will continue until
such  time  that  we  begin  to  generate  revenues  from  the  Autonet  system.

We  plan  to  recruit  key  personnel including a Chief Operating Officer (COO),
Chief  Financial  Officer  (CFO),  Investor  Relations  (IR)  person,  Marketing
Manager,  and  Technical  Manager.  Our  directors  have  launched  an  informal
executive  search  in  this  regard.  However, no final hiring decisions will be
made  until  Markatech  produces  initial  sales  revenues  under our Licensing,
Development  and  Marketing  Agreement  and  we raise additional funds through a
private placement offering.  We do not expect that this will happen until either
the third or fourth quarter of our fiscal year 2003.  Also by this time, we plan
to  acquire  suitable  business  facilities  and  equipment.

Also within the next twelve months, if Markatech produces a marketable system to
us,  we  will  exercise  our  option  with them and complete the purchase of all
right, title and ownership of the Autonet system.  In the event we are unable or
choose  to  not  exercise  the option agreement, however, we will not be able to
proceed  with  our  business plan for the acquisition of Autonet and may at that
time  seek  other  business  opportunities.  Were  we to consider other business
opportunities, we would seek out niche opportunities in the same business sector
as  Autonet.  No  business opportunities other than Autonet are being considered
by  us  at  this  time.

In  the  longer  term  we  may  raise  funds through registered offerings to the
public.  Alternately  we  may  employ  a  combination of the two at times and in
amounts  deemed by management to be in the best interests of the company and its
shareholders.

Due to our lack of operating history and present inability to generate revenues,
there  exits substantial doubt about our ability to continue as a going concern.
We have no present plans

                                  Page 10 of 20

<PAGE>

to  acquire  or  merge  with  a business or company in which Sedona's promoters,
management,  or  other  affiliates  or associates directly or indirectly have an
ownership  interest.



Results  of  Operations

We did not earn any revenues during the fiscal year ending June 30, 2002.  We do
not  anticipate  earning  revenues  until such time as we are able to deploy are
business  marketing strategy which is projected to occur late in the fiscal year
ended  2003.  As of June 30, 2002, we had cash on hand in the amount of $56.  We
are  presently  in  the development stage and are being funded by loans from our
President  and  Director.  We anticipate that these loans will continue until we
are  able  to  achieve  revenues  from  Autonet.

We  incurred  operating  expenses  in  the amount of $30,763 for the fiscal year
ended  June  30,  2002 as compared to $23,539 for the fiscal year ended June 30,
2001.  These  operating expenses are comprised primarily of professional fees in
the  amount  of  $29,507.  Most  of  these  fees  have  been in association with
accounting  and  attorneys  fees  relating  to  our  becoming a public reporting
company  during  the fiscal year ended 2002.   We incurred a loss of $63,789 for
the  period  from date of inception July 14, 1999 to June 30, 2002. Our net loss
was  attributable  entirely  to  our  operating  expenses.



ITEM  7.     FINANCIAL  STATEMENTS.

The  following  financial  statements,  financial  statement  schedules  and
supplementary  date  are  included:

          F-1          Independent  Auditors'  Report

     Audited  Financial  Statements:

          F-2          Balance  Sheet  -  June  30,  2002  and  June  30,  2001

          F-3          Statement  of  Operation  - Years Ended June 30, 2002 and
                       June  30,  2001

          F-4          Statement of Changes in Stockholders' Equity (Deficiency)
                       - Years Ended June 30,  2002  and  June  30,  2001

          F-5          Statement  of  Cash Flows - Years Ended June 30, 2002 and
                       June  30,  2001

          F-6          Notes  to  Consolidated  Financial  Statements


ITEM  8.     CHANGES  IN  AND  DISAGREEMENTS  WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL  DISCLOSURE.

There  have  been  no  changes  in  or  disagreements  with  our  accountants on
accounting  and  financial  disclosure.


                                  Page 11 of 20

<PAGE>







                         SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)


                              FINANCIAL STATEMENTS


                             JUNE 30, 2002 AND 2001
                            (Stated in U.S. Dollars)







<PAGE>

                                                    Morgan
                                                    & Company
                                                    Chartered Accountants


                                AUDITORS' REPORT




To  the  Shareholders  of
Sedona  Software  Solutions,  Inc.
(A  development  stage  company)


We  have  audited  the  balance  sheets  of  Sedona  Software Solutions, Inc. (a
development  stage  company) as at June 30, 2002 and 2001, and the statements of
loss  and  deficit  accumulated  during  the  development stage, cash flows, and
stockholders'  equity for the years then ended, and for the period July 14, 1999
(date  of  incorporation)  to  June 30, 2002. These financial statements are the
responsibility of the Company's management.  Our responsibility is to express an
opinion  on  these  financial  statements  based  on  our  audits.

We  conducted  our  audits  in  accordance with United States generally accepted
auditing standards. Those standards require that we plan and perform an audit to
obtain  reasonable  assurance  whether  the  financial  statements  are  free of
material  misstatement.  An  audit includes examining, on a test basis, evidence
supporting  the  amounts  and disclosures in the financial statements.  An audit
also includes assessing the accounting principles used and significant estimates
made  by  management,  as  well  as  evaluating  the overall financial statement
presentation.  We  believe  that  our  audit provides a reasonable basis for our
opinion.

In  our  opinion,  these  financial  statements  present fairly, in all material
respects,  the  financial  position of the Company as at June 30, 2001 and 2000,
and  the  results of its operations and cash flows for the periods then ended in
accordance  with  United  States  generally  accepted  accounting  principles.

The  accompanying  financial  statements have been prepared assuming the Company
will  continue  as  a going concern.  As discussed in Note 1(b) to the financial
statements,  the Company incurred a net loss of $63,789 since inception, has not
attained  profitable  operations  and  is  dependent  upon  obtaining  adequate
financing to fulfil its development activities.  These factors raise substantial
doubt  that  the  Company  will  be  able  to  continue  as  a  going  concern.
Management's  plans  in regard to these matters are also discussed in Note 1(b).
The  financial  statements do not include any adjustments that might result from
the  outcome  of  this  uncertainty.




Vancouver,  B.C.                                   /s/ Morgan  &  Company

August  30,  2002                                  Chartered  Accountants

Tel:  (604) 687-5841       Member of           P.O. Box 10007 Pacific Centre
Fax:  (604) 687-0075          ACPA      Suite 1488 - 700 West Georgia Street
www.morgan-cas.com        International              Vancouver, B.C. V7Y 1A1



                                     F-1

<PAGE>

<TABLE>
<CAPTION>

                         SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)

                                 BALANCE SHEETS
                            (Stated in U.S. Dollars)


-----------------------------------------------------------
                                           JUNE  30
                                       2002       2001
                                     ---------  ---------
<S>                                  <C>        <C>
ASSETS

Current
  Cash                               $     56   $    581
==========================================================
LIABILITIES

Current
  Accounts payable                   $ 12,182   $  7,830
  Advances due to director (Note 3)    33,763      7,877
                                     --------------------
                                       45,945     15,707
                                     --------------------

STOCKHOLDERS' DEFICIENCY

Share Capital
  Authorized:
    70,000,000 common shares,
    par value $0.001 per share
    5,000,000 preferred shares,
    par value $0.001 per share

  Issued and outstanding:
    5,376,500 common shares at
    June 30, 2002 and 2001              5,377      5,377

  Additional paid-in capital           12,523     12,523

  Deficit Accumulated During
   The Development Stage              (63,789)   (33,026)
                                     --------------------

                                      (45,889)   (15,126)
                                     --------------------

                                     $     56   $    581
==========================================================
</TABLE>



                                       F-2

<PAGE>

<TABLE>
<CAPTION>


                    SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)

                       STATEMENTS OF LOSS AND DEFICIT
                          (Stated in U.S. Dollars)


---------------------------------------------------------------------
                                                           INCEPTION
                                           YEAR             JULY 14
                                           ENDED            1999 TO
                                          JUNE 30           JUNE 30
                                     2002         2001      2002
---------------------------------------------------------------------
<S>                               <C>          <C>         <C>
Expenses
  Consulting fees                 $        -           -   $ 2,500
  Option payments                         20       4,410     4,430
  Professional fees                   29,507      18,830    55,206
  Bank charges and office                101         299       518
  Transfer fees                        1,135           -     1,135
                                  ---------------------------------

Net Loss For The Period               30,763      23,539   $63,789
                                                           ========
Deficit Accumulated During
The Development Stage,
Beginning Of Year                     33,026       9,487
                                  ------------------------
Deficit Accumulated During
The Development Stage,
End Of Year                       $   63,789      33,026
==========================================================

Basic And Diluted Loss Per Share  $    (0.01)      (0.01)

==========================================================

Weighted Average Number
Of Shares Outstanding              5,376,500   5,376,500
==========================================================

</TABLE>


                                       F-3

<PAGE>

<TABLE>
<CAPTION>
                         SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)

                        STATEMENT OF STOCKHOLDERS' EQUITY

                                  JUNE 30, 2002
                            (Stated in U.S. Dollars)



                                     COMMON STOCK
                             -----------------------------
                                                ADDITIONAL
                                                PAID-IN
                             SHARES    AMOUNT   CAPITAL    DEFICIT     TOTAL
-------------------------------------------------------------------------------
<S>                         <C>        <C>      <C>       <C>        <C>

Shares issued for services  2,500,000  $ 2,500  $      -  $      -   $  2,500

Shares issued for cash
at $0.001                   2,750,000    2,750         -         -      2,750

Shares issued for cash
at $0.10                      126,500      127    12,523         -     12,650

Net loss for the year               -        -         -    (9,487)    (9,487)
                            ---------------------------------------------------

Balance, June 30, 2000      5,376,500    5,377    12,523    (9,487)     8,413

Net loss for the year               -        -         -   (23,539)   (23,539)
                            ---------------------------------------------------

Balance, June 30, 2001      5,376,500  $ 5,377  $ 12,523  $(33,026)  $(15,126)

Net loss for the year               -        -         -   (30,763)   (30,763)
                            ---------------------------------------------------

Balance, June 30, 2002      5,376,000  $ 5,377  $ 12,523  $(63,789)  $(45,889)
                            ===================================================

</TABLE>

                                       F-4

<PAGE>

<TABLE>
<CAPTION>

                       SEDONA  SOFTWARE  SOLUTIONS,  INC.
                        (A  Development  Stage  Company)

                            STATEMENTS OF CASH FLOWS
                            (Stated in U.S. Dollars)




-----------------------------------------------------------------------

                                                           INCEPTION
                                         YEAR              JULY 14
                                         ENDED             1999 TO
                                       JUNE  30            JUNE 30
                                     2002         2001      2002
                                  ---------------------------------
<S>                                   <C>        <C>        <C>
Cash Flows From Operating Activities
  Net loss for the period             $(30,763)  $(23,539)  $(63,789)

Adjustments To Reconcile
 Net Loss To Net Cash
 Used By Operating Activities
  Accounts payable                       4,352      7,830     12,182
  Advances due to director              25,886      7,877     33,763
                                      --------------------------------
                                          (525)    (7,832)   (17,844)
                                      --------------------------------

Cash Flows From Financing Activity
  Issue of common shares                     -          -     17,900
                                      --------------------------------

(Decrease) Increase In Cash               (525)    (7,832)        56

Cash, Beginning Of Period                  581      8,413          -
                                      --------------------------------

Cash, End Of Period                   $     56   $    581   $     56
=======================================================================
</TABLE>


                                       F-5


<PAGE>
                         SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                             JUNE 30, 2002 AND 2001
                            (Stated in U.S. Dollars)



1.     NATURE  OF  OPERATIONS


a)     Organization

The  Company  was incorporated in the State of Nevada, U.S.A., on July 14, 1999.

b)     Going  Concern

The  accompanying  financial  statements have been prepared assuming the Company
will  continue  as  a  going  concern.



As  shown  in  the accompanying financial statements, the Company has incurred a
net  loss  of  $63,789 for the period from July 14, 1999 (inception) to June 30,
2002, and has no sales.  The future of the Company is dependent upon its ability
to  obtain  financing and upon future profitable operations from the development
of  its  new  business  opportunities.  Management  has plans to seek additional
capital  through  a  private  placement and public offering of its common stock.
The  financial  statements  do  not  include  any  adjustments  relating  to the
recoverability  and  classification  of  recorded  assets, or the amounts of and
classification  of  liabilities that might be necessary in the event the Company
cannot  continue  in  existence.


2.     SIGNIFICANT  ACCOUNTING  POLICIES

The  financial  statements  of  the Company has been prepared in accordance with
generally  accepted  accounting  principles  in  the  United  States.  Because a
precise  determination  of  many assets and liabilities is dependent upon future
events,  the  preparation  of  financial  statements  for  a  period necessarily
involves  the  use  of  estimates  which have been made using careful judgement.

The  financial  statements have, in management's opinion, been properly prepared
within  reasonable  limits  of  materiality,  and  within  the  framework of the
significant  accounting  policies  summarized  below:

a)     Development  Stage  Company

The  Company  is  a  development  stage  company as defined in the Statements of
Financial Accounting Standards No. 7.  The Company is devoting substantially all
of  its  present  efforts  to  establish  a new business and none of its planned
principal  operations  have  commenced.  All  losses accumulated since inception
have  been  considered  as  part  of the Company's development stage activities.


                                       F-6

<PAGE>

                         SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                             JUNE 30, 2002 AND 2001
                            (Stated in U.S. Dollars)



2.     SIGNIFICANT  ACCOUNTING  POLICIES  (Continued)

b)     Option  Payments  and  Development  Costs

The Company expenses all costs related to the maintenance of the option in which
it  has  secured  the  rights  to  the  ownership of certain technology known as
Autonet  Parking  Ticket  Violation Management System ("Autonet").  To date, the
Company  has  not  established  the  commercial  feasibility  of  its  Autonet
technology,  therefore,  all  option maintenance and development costs are being
expensed.

c)     Income  Taxes

The  Company  has  adopted Statement of Financial Accounting Standards No. 109 -
"Accounting  For Income Taxes" (SFAS 109).  This standard requires the use of an
asset  and  liability  approach for financial accounting and reporting on income
taxes.  If  it  is  more likely than not that some portion, or all if a deferred
tax  asset,  will  not  be  realized,  a  valuation  allowance  is  recognized.

d)     Financial  Instruments

The  Company's  financial  instruments  consist  of  cash.

Unless  otherwise  noted,  it  is  management's opinion that this Company is not
exposed  to  significant  interest  or credit risks arising from these financial
instruments.  The  fair  value  of these financial instruments approximate their
carrying  values,  unless  otherwise  noted.

e)     Basic  and  Diluted  Loss  Per  Share

In accordance with SFAS No. 128, "Earnings Per Share," the basic loss per common
share  is  computed by dividing net loss available to common stockholders by the
weighted  average  number  of common shares outstanding. Diluted loss per common
share  is  computed  similar  to  basic  loss  per  common share except that the
denominator  is increased to include the number of additional common shares that
would  have  been outstanding if the potential common shares had been issued and
if the additional common shares were dilutive. At June 30, 2002, the Company has
no common stock equivalents that were anti-dilutive and excluded in the earnings
per  share  computation.



<PAGE>


                         SEDONA SOFTWARE SOLUTIONS, INC.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                             JUNE 30, 2002 AND 2001
                            (Stated in U.S. Dollars)


3.     ADVANCES  DUE  TO  DIRECTOR

Advances due to a director are repayable on demand, interest free and unsecured.


4.     COMMITMENT

i)     Option  Agreement

Pursuant  to  an  agreement, dated April 30, 2000 and amended June 15, 2002, the
Company  was  granted  the  right  to  conduct a due diligence review of certain
technology  known  as  Autonet  Parking  Ticket  Violation  Management  System
("Autonet").  On completion of the due diligence and the payment of $400 cash on
September  19,  2000, the Company was granted an option to acquire the exclusive
ownership  rights  and  interest in the Autonet system.  To exercise the option,
the  Company  is  required to issue 1,000,000 common shares on or before July 1,
2003  and  is  further required, as a condition precedent to the exercise of the
option,  to be listed or quoted for trading on a recognized United States public
trading  market.

ii)     Licensing,  Development  and  Marketing  Agreement

Pursuant  to an agreement, dated February 1, 2001 and amended June 15, 2002, the
Company  was  granted  the  worldwide license to the Autonet technology expiring
July  1,  2003.  In  addition,  the  Company  is  to  undertake the funding of a
development  program  expiring  September  1,  2003.  The total consideration is
$48,010 of which $4,010 was paid on execution, and the balance is payable by way
of monthly payments of 5% of gross revenues received by the Company with respect
to  all development technology leased or sold, commencing on the last day of the
first  month  subsequent  to  the month of the exercise of the option agreement.
The  full  amount  is  due  by  September  1,  2004.





<PAGE>

                                    PART III

ITEM  9.     DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS  AND  CONTROL  PERSONS;
             COMPLIANCE  WITH  SECTION  16(A)  OF  THE  EXCHANGE  ACT.

Our  Officers and Directors and their respective ages as of June 30, 2002 are as
follows:


Directors:

Name  of  Director          Age
----------------------      ----
John  E.  Cooper            63          President  and  Director
Andrew  J.  Cooper          39          Director
Gordon  E.  Cooper          37          Director

Executive  Officers:

Name  of  Officer           Age         Office
--------------------        ---         -------
Kathleen  Smith             41          Secretary

Set forth below is a brief description of the background and business experience
of Messrs. John E. Cooper, Andrew J. Cooper, Gordon E. Cooper and Kathleen Smith
for  the  past  five  years.

Mr. John E. Cooper: For the past twenty years, Mr. John Cooper has been involved
in  both  merchant and investment banking activities. These activities have been
for  his  own  account  and  on  behalf  of various private and public corporate
clients.

In  1996,  Mr.  Cooper developed a structure for the marketing of tax-advantaged
investments  in  the natural resources sector to Canadian taxpayers. In 1997, he
co-founded  Canada  Dominion  Resources  Corp.  which  is  the promoter of these
investments.  Canada  Dominion  Resources  Corp.  sponsored securities offerings
continue  to  be a major source of oil and gas and mining exploration funding in
Canada.  Mr.  Cooper  sold  his  interest in Canada Dominion in 1998 in order to
devote  more  time  to  his  other  business  interests.

Since  1997,  Mr.  Cooper  has  been  the  beneficial  owner  of  the world-wide
commercial  exploitation  rights  to  two  medical related Professional Practice
Management  software  packages.  Mr.  Cooper has marketed a major portion of his
interest  in  these  packages  to  private  software  investment  firms.

Mr.  Cooper  founded  Sedona  in  1999 and has been Sedona's president since its
inception.   Also  in  1999,  Mr.  Cooper  accepted  a position on the Markatech
Industries  Corp.  Advisory  Board.  Mr.  Cooper  acts  as an investment banking
consultant  for  iDevco  Inc.,  a  software development firm which has agreed to
develop  and  host  our  website.

Mr.  Cooper  holds  a  BSc in chemistry from the University of British Columbia,
received  in  1962,  and  an  MBA  in  Finance from the Wharton Graduate School,
University  of  Pennsylvania,  received  in  1975.

                                  Page 12 of 20

<PAGE>

Mr.  Andrew  J.  Cooper:  Andrew  Cooper  is  a  founding  partner  of the Eccco
Management  Partnership,  a  precision geographical mapping firm formed in 1994.
The  firm's  clients  include  major  natural  resources  based corporations and
governments  at  locations  in  both  Canada  and Central America. Mr. Cooper is
responsible  for data analysis, statistical verification, processing and product
output.  In  addition  to  these  activities,  Andrew  Cooper  has developed and
marketed  a  number  of  3-D  computer  graphic  presentations.

Mr.  Gordon  E.  Cooper:  Gordon  Cooper  is  a  founding  partner  of the Eccco
Management  Partnership,  a  precision geographical mapping firm formed in 1994.
The  firm's  clients  include  major  natural  resources  based corporations and
governments  at  locations  in  both  Canada  and Central America. Mr. Cooper is
responsible  for  the  firm's  fieldwork,  general administration and marketing.

Ms.  Kathleen  Smith:  Ms.  Smith  had a ten-year involvement in the drapery and
fabric  industry,  both  as  an employee and the operator of her own firm called
Kina's  Draperies,  prior  to  retiring  3  years  ago. In addition to being our
corporate  secretary,  she  holds  an  unpaid  executive  position  with  a
not-for-profit  organization  where  she oversees and implements the maintenance
and  capital  budgets  of  a  multi-million  dollar  sports  facility.

Term  of  Office

Our  Directors  are  elected  for  one-year terms, to hold office until the next
annual  general  meeting  of  the  shareholders, or until removed from office in
accordance  with  our  bylaws.  Our  officers  are  appointed  by  our  board of
directors  and  hold  office  until  removed  by  the  board.

Section  16(a)  Beneficial  Ownership  Reporting  Compliance

The  following  persons  have  failed to file, on a timely basis, the identified
reports  required  by  section  16(a) of the Exchange Act during the most recent
fiscal  year.

                                Number     Transactions   Known  Failures
                                Of  late   Not  Timely    To  File  a
Name and principal position     Reports    Reported       Required  Form
---------------------------     --------   ------------   ---------------
John  E.  Cooper,
President  and  Director           1             0          0

Andrew  J.  Cooper,  Director      1             0          0

Gordon  E.  Cooper,  Director      1             0          0

Kathleen  Smith,  Secretary        1             0          0


                                  Page 13 of 20

<PAGE>

ITEM  10.     EXECUTIVE  COMPENSATION.

Summary  Compensation  Table

The table below summarizes the compensation earned for services rendered for the
fiscal  year ended June 30, 2000, June 30, 2001and June 30, 2002. There has been
no  compensation  earned  for  service  rendered  by  our  named  Directors.


--------------------------------------------------------------------------------
                         ANNUAL COMPENSATION       LONG TERM COMPENSATION
                    ----------------------------  ------------------------
                                                                            All
                                           Other          Restric-         Other
                                            Com-          ted               Com-
                                            pen-          Stock             pen-
                                            sa-   Annual  Options/  LTIP    sa-
Name      Title      Year  Salary  Bonus    tion  Awarded SAR's(#)payouts($)tion
----      -----      ----  ------  ------ ------- ------- ------- --------- ----
John E.   Pres. &    2000  $   0   $ 0    $ 0     $ 0     $ 0     $ 0       $ 0
Cooper    Director   2001  $   0   $ 0    $ 0     $ 0     $ 0     $ 0       $ 0
                     2002  $   0   $ 0    $ 0     $ 0     $ 0     $ 0       $ 0

Kathleen Sec. &      2000  $   0   $ 0    $ 0     $ 0     $ 0     $ 0       $ 0
Smith    Treas.      2001  $   0   $ 0    $ 0     $ 0     $ 0     $ 0       $ 0
                     2002  $   0   $ 0    $ 0     $ 0     $ 0     $ 0       $ 0



 Since inception on July 14, 1999, Mr. Andrew Cooper, and Mr. Gordon Cooper have
served  as  directors  with  neither  annual  nor  long  term  compensation.

                                  Page 14 of 20
<PAGE>


ITEM  11.     SECURITY  OWNERSHIP  OF  CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The  following table provides the names and addresses of each person known to us
to  own more than 5% of our outstanding common stock as of June 30, 2002, and by
the  officers  and  directors, individually and as a group.  Except as otherwise
indicated,  all  shares  are  owned  directly.


                                           Amount of
Title of  Name and address                 beneficial              Percent of
Class     of beneficial owner              ownership               Class



Common    John E. Cooper                   3,000,000               55.80%
          802 - 2050 Nelson Street,
          Vancouver, B.C.,
          Canada, V6G 1N6

Common    Andrew J. Cooper                   500,000                9.30%
          Mile 18 Upper Squamish Valley Road
          PO Box 1724
          Squamish, B.C.
          Canada, V0N 3G0



Common    Gordon E. Cooper
          2301 Caylay Close
          Whistler, B.C.
          Canada, V0N 1B2                    500,000                9.30%



These  percentages  are  based  on  5,376,500  shares of common stock issued and
outstanding  as  of  November 16, 2001.  Shares owned by John E. Cooper are held
under  his  name  as  an  individual  after  being  transferred  to  him  by  of
International  Mineral  Exploration  Corporation,  a  company  wholly  owned and
controlled  by  John E. Cooper.  Mr. Cooper was and remains the beneficial owner
of  those  shares.


                                  Page 15 of 20


<PAGE>


ITEM  12.     CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS.

None  of  the  following  parties  has, since our date of incorporation, had any
material  interest,  direct  or  indirect,  in any transaction with us or in any
presently  proposed  transaction  that  has  or  will  materially  affect  us:

     (1)  Any  of  our  directors  or  officers;
     (2)  Any  person  proposed  as  a  nominee  for  election  as  a  director;
     (3)  Any  person  who  beneficially  owns,  directly  or indirectly, shares
          carrying  more  than  10%  of  the  voting  rights  attached  to  our
          outstanding  shares  of  common  stock;
     (4)  Any  of  our  promoters;
     (5)  Any  relative  or  spouse  of any of the foregoing persons who has the
          same  house  as  such  person.



ITEM  13.     EXHIBITS  AND  REPORTS  ON  FORM  8-K.

a.)     Exhibits

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

10.1       Fourth  Amendment  to  Licensing,  Development  and
           Marketing  Agreement  (1)
10.2       Fourth  Amendment  to the Document Review and Option Agreement (1)
99.1       Certification of Chief Executive Officer and Chief Financial Officer
           pursuant to pursuant to 18 U.S.C. Section 1350, as adopted pursuant
           to Section 906 of the Sarbanes-Oxley Act of 2002(1)


(1)  Provided  as  an  exhibit to this Form 10KSB for the fiscal year ended June
     30,  2002.

b.)  Form  8-K

     None






                                  Page 16 of 20

<PAGE>





                                    SIGNATURE


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

Sedona  Software  Solutions,  Inc.

Dated:  September  30,  2002


By:    /s/ John E. Cooper
       ________________________________________
       John E. Cooper
       President, Chief Financial Officer
       (Principal Executive Officer)
       (Principle  Accounting  Officer)



<PAGE>

                Certification of the Chief Executive Officer and
                       Chief Financial Officer Pursuant to
                  Section 302 of the Sarbanes-Oxley Act of 2002


I,  John  E.  Cooper,  certify  that:

1.   I  have  reviewed  this  annual  report  on  Form  10KSB of Sedona Software
     Solutions,  Inc.;

2.   Based  on  my  knowledge,  this  annual  report does not contain any untrue
     statement  of  material  fact or omit to state a material fact necessary to
     make  the  statements  made, in light of the circumstances under which such
     statements  were made, not misleading with respect to the period covered by
     this  annual  report;  and

3.   Based  on  my  knowledge,  the  financial  statements,  and other financial
     information  included in this annual report, fairly present in all material
     respects  the  financial condition, results of operations and cash flows of
     the registrant as of, and for, the periods presented in this annual report.



Date:  September  30,  2002



                                   By:     /s/ John E. Cooper
                                           ------------------
                                   Name:   John E. Cooper

                                   Title:  Chief Executive Officer, President
                                           Chief Financial Officer