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


                                   FORM 10-QSB

(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, 2002

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the transition period from        to
                                   --------  --------

                         Commission file number 0-32375

                             AUTEC ASSOCIATES, INC.
         ---------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

           FLORIDA                                               65-0067192
 ------------------------------                               -----------------
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation of organization)                              Identification No.)

                             38 East Osceola Street
                              Stuart, Florida 34994
                     --------------------------------------
                    (Address of Principal Executive Offices)

                                 (561) 288-0666
                            -------------------------
                           (Issuer's telephone number)

                                       N/A
               ---------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

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
            -----       -----

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:

Class                                       Outstanding as of August 12, 2002
------                                      -------------------------------
Common Stock, no par value                            12,500,000

Transitional Small Business Disclosure Format (check one)

         Yes          No  X
            -----       -----

<PAGE>


PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS                                                 3

         BALANCE SHEETS                                                       3

         INTERIM STATEMENTS OF OPERATIONS                                     4

         INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY                           5

         INTERIM STATEMENTS OF CASH FLOWS                                     6

         NOTES TO INTERIM FINANCIAL STATEMENTS                                7

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION            8

PART II. OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS                                                   12

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS                           12

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES                                     12

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                 12

ITEM 5.  OTHER INFORMATION                                                   12

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K                                    12

SIGNATURES                                                                   12


                                       2
<PAGE>
<TABLE>
<CAPTION>

PART 1. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS
----------------------------

                              AUTEC ASSOCIATES INC.
                         (A DEVELOPMENTAL STAGE COMPANY)

                          INTERIM FINANCIAL STATEMENTS

                                  JUNE 30, 2002
                                   (Unaudited)


                             AUTEC ASSOCIATES, INC.
                                 Balance Sheets

                                                           June 30,  December 31,
                                                             2002        2001
                                                           --------    --------
                                                         (Unaudited)
<S>                                                        <C>         <C>
CURRENT ASSETS

   Cash                                                    $  7,479    $ 43,947
   Inventory                                                 10,140      12,160
                                                           --------    --------

     Total Current Assets                                    17,619      56,107
                                                           --------    --------

PROPERTY AND EQUIPMENT

   Furniture and fixtures                                     2,497       2,497
   Loss- accumulated depreciation                              (500)       (250)
                                                           --------    --------

     Total Property and Equipment                             1,997       2,247
                                                           --------    --------

     TOTAL ASSETS                                          $ 19,616    $ 58,354
                                                           ========    ========


                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------

CURRENT LIABILITIES

   Accounts payable                                        $ 17,995    $ 40,791
   Accrued expenses                                             689       1,788
                                                           --------    --------

     Total Current Liabilities                               18,684      42,579
                                                           --------    --------

STOCKHOLDERS' EQUITY

   Common stock; 20,000,000 shares authorized of no par
    value, 12,500,000 shares issued and outstanding          20,100      20,100
   Additional paid-in capital                                30,510      30,510
   Accumulated deficit                                      (49,678)    (34,835)
                                                           --------    --------

     Total Stockholders' Equity                                 932      15,775
                                                           --------    --------

     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY            $ 19,616    $ 58,354
                                                           ========    ========


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

                                        3
<PAGE>


                                   AUTEC ASSOCIATES, INC.
                                  Statements of Operations
                                         (Unaudited)


                                 For the Three Months Ended       For the Six Months Ended
                                          June 30,                        June 30,
                                ----------------------------  ---------------------------------
                                    2002            2001            2002            2001
                                ------------    ------------    ------------    ------------
REVENUE

   Net sales                    $     33,151    $     36,314    $     66,680    $     71,810
   Cost of goods sold                 27,848          18,825          36,879          35,704
                                ------------    ------------    ------------    ------------

     Gross Profit                      5,303          17,489          29,801          36,106
                                ------------    ------------    ------------    ------------

EXPENSES

   Depreciation                          125             125             250             250
   General and administrative         14,108          11,766          25,986          20,890
   Salaries                            9,168           8,994          18,408          19,803
                                ------------    ------------    ------------    ------------

     Total Expenses                   23,401          20,885          44,644          40,943
                                ------------    ------------    ------------    ------------

LOSS FROM OPERATIONS                 (18,098)         (3,396)        (14,843)         (4,837)

INCOME TAXES                            --              --              --              --
                                ------------    ------------    ------------    ------------

NET LOSS                        $    (18,098)   $     (3,396)   $    (14,843)   $     (4,837)
                                ============    ============    ============    ============

BASIC LOSS PER SHARE            $      (0.00)   $      (0.00)   $      (0.00)   $      (0.00)
                                ============    ============    ============    ============

WEIGHTED AVERAGE NUMBER OF
 SHARES OUTSTANDING               12,500,000      12,500,000      12,500,000      12,500,000
                                ============    ============    ============    ============



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

                                           4
<PAGE>


                                AUTEC ASSOCIATES, INC.
                          Statements of Stockholders' Equity


                                         Common Stock         Additional
                                    -----------------------    Paid-in     Accumulated
                                      Shares       Amount      Capital       Deficit
                                    ----------   ----------   ----------   ----------

Balance December 31, 2000           12,500,000       20,100       24,298      (24,931)

Contributed capital                       --           --          6,212         --

Net loss for the year ended
 December 31, 2001                        --           --           --         (9,904)
                                    ----------   ----------   ----------   ----------

Balance, December 31, 2001          12,500,000       20,100       30,510      (34,835)

Net loss for the six months ended
 June 30, 2002 (unaudited)                --           --           --        (14,843)
                                    ----------   ----------   ----------   ----------

Balance, June 30, 2002
 (unaudited)                        12,500,000   $   20,100   $   30,510   $  (49,678)
                                    ==========   ==========   ==========   ==========



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

                                        5
<PAGE>


                             AUTEC ASSOCIATES, INC.
                            Statements of Cash Flows
                                   (Unaudited)


                                                         For the Six Months Ended
                                                                 June 30,
                                                         ------------------------
                                                            2002         2001
                                                          --------     --------


CASH FLOWS FROM OPERATING ACTIVITIES

   Net loss                                               $(14,843)    $ (4,837)
   Adjustments to receivable net loss to net cash
    Used by operating activities
       Depreciation expense                                    250         --
   Changes in operating assets and liabilities:
     (Increase) decrease in inventory                        2,020        6,090
     Increase (decrease) in accounts payable               (22,796)     (10,322)
     Increase (decrease) in accrued expenses                (1,099)        (974)
                                                          --------     --------

       Net Cash Used by Operating Activities               (36,468)     (10,043)
                                                          --------     --------

CASH FLOWS FROM INVESTING ACTIVITIES                          --           --
                                                          --------     --------

CASH FLOWS FROM FINANCING ACTIVITIES                          --           --
                                                          --------     --------

NET DECREASE IN CASH                                       (36,468)     (10,043)

CASH AT BEGINNING OF PERIOD                                 43,947       23,059
                                                          --------     --------

CASH AT END OF PERIOD                                     $  7,479     $ 13,016
                                                          ========     ========

CASH PAID FOR:

   Interest                                               $   --       $   --
   Income taxes                                           $   --       $   --



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

                                        6
</TABLE>
<PAGE>


                             AUTEC ASSOCIATES, INC.
                        Notes to the Financial Statements
                             June 30, 2002 and 2001


NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION

     The accompanying unaudited condensed financial statements have been
     prepared by the Company pursuant to the rules and regulations of the
     Securities and Exchange Commission. Certain information and footnote
     disclosures normally included in financial statements prepared in
     accordance with generally accepted accounting principles have been
     condensed or omitted in accordance with such rules and regulations. The
     information furnished in the interim condensed financial statements include
     normal recurring adjustments and reflects all adjustments, which, in the
     opinion of management, are necessary for a fair presentation of such
     financial statements. Although management believes the disclosures and
     information presented are adequate to make the information not misleading,
     it is suggested that these interim condensed financial statements be read
     in conjunction with the Company's most recent audited financial statements
     and notes thereto included in its December 31, 2001 Annual Report on Form
     10-KSB. Operating results for the six months ended June 30, 2002 are not
     necessarily indicative of the results that may be expected for the year
     ending December 31, 2002.


NOTE 2 - GOING CONCERN

     The Company's financial statements are prepared using generally accepted
     accounting principles applicable to a going concern, which contemplates the
     realization of assets and liquidation of liabilities in the normal course
     of business. However, as of June 30, 2002, the Company's current
     liabilities exceed its current assets, and the Company experienced a loss
     for the period. It is the intent of the Company to continue its current
     operations, in accordance with its business prospectus, which management
     believes will generate enough cash to cover the Company's operating
     expenses. However, there is no guarantee that the Company will be able to
     achieve its goals or continue as a going concern.






                                       7
<PAGE>


     Statements made in this Form 10-QSB that are not historical or current
facts are "forward-looking statements" made pursuant to the safe harbor
provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section
21E of the Securities Exchange Act of 1934. These statements often can be
identified by the use of terms such as "may," "will," "expect," "believe,"
"anticipate," "estimate," "approximate" or "continue," or the negative thereof.
The Company intends that such forward-looking statements be subject to the safe
harbors for such statements. The Company wishes to caution readers not to place
undue reliance on any such forward-looking statements, which speak only as of
the date made. Any forward-looking statements represent management's best
judgment as to what may occur in the future. However, forward-looking statements
are subject to risks, uncertainties and important factors beyond the control of
the Company that could cause actual results and events to differ materially from
historical results of operations and events and those presently anticipated or
projected. The Company disclaims any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after the date of
such statement or to reflect the occurrence of anticipated or unanticipated
events.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

GENERAL

     Autec Associates, Inc. (the "Company"), has primarily been engaged in the
design, manufacturing, marketing, distribution and repair of stone-set jewelry
using diamonds and other precious gemstones, such as rubies, sapphires and
emeralds. During prior fiscal years, the Company has designed, manufactured and
marketed numerous modern styles of stone-set jewelry, including necklaces,
earrings, rings, bracelets and other ornaments. The Company's principal markets
includes Canada and the United States. During prior fiscal years, the Company
generally derived its revenues from the market and sale of its jewelry products
to consumers.

     Management of the Company believes that its metallurgist has combined
certain processes and developed a new and unique process for the casting and
fabrication of metals, and that the process distinguishes the Company's
creations and designs from others on the market. The Company's casting process
combines modern technology, mechanization and hand craftsmanship to produce
unique, innovative and fashionable jewelry. Management of the Company believes
that its casting process is therefore a superior process because of the
simultaneous utilization of the centrifugal device and vacuum. Management
believes that it thus obtains maximum benefits and eliminates the commonly found
porosity voids and inconsistent densities. As a result, the developed process
provides for the manufacture of high-quality rings, earrings, pendants and
bracelets which are consistent in density with little or no porosity or voids.
After the casting process, the jewelry undergoes a series of cleaning and
polishing stages before being labeled for sale.

     The Company's principal executive offices are located at 38 East Osceola
Street, Stuart, Florida 34994. Its telephone number is (561) 288-0666, its
facsimile number is (561) 220-8132, and its e-mail address is autec@hotmail.

     The Company currently maintains a retail outlet for the sale of its jewelry
products to the public in Stuart, Florida. The Company intends to broaden its
customer base by selling its jewelry products within the United State and
Canada. Customers for the jewelry products are primarily consumers. The
Company's current market concentration has been in the southeastern United
States due to existing relationships with certain clients.

                                       8
<PAGE>


     Net sales for fiscal year ended December 31, 2001 and the six-month period
ended June 30, 2002 were $210,965 and $66,680, respectively, resulting primarily
from the sale of its jewelry products. However, the Company realized a net loss
for the six-month period ended June 30, 2002 of $14,843 compared to a net loss
of $5,168 realized for fiscal year ended December 31, 2001.

RESULTS OF OPERATION

Six-Month Period Ended June 30, 2002 Compared to Six-Month Period Ended June 30,
2001

     The Company realized a net loss of $14,843 for the six-month period ended
June 30, 2002 compared to a net loss of approximately $4,837 for the six-month
period ended June 30, 2001 (an increase of $10,006).

     Net sales for the six-month periods ended June 30, 2002 and 2001 were
$66,680 and $71,810, respectively. Net sales decreased by approximately $5,130
or 8% for the six-month period ended June 30, 2002 as compared to the six-month
period ended June 30, 2001. The decrease in net sales during the six-month
period ended June 30, 2002 was primarily due to changes in sales volume. Prices
for the Company's jewelry products have been and continue to be consistent as a
percentage of costs. Therefore, any fluctuations in sales revenue would be
derived from changes in sales volume. Gross profit for the six-month periods
ended June 30, 2002 and 2001 amounted to $29,801 and $36,106, respectively (a
net decrease of $6,305 or 21%). The decrease in net profit during the six-month
period ended June 30, 2002 compared to the six-month period ended June 30, 2001
is primarily a result of the decrease in net sales during the six-month period
ended June 30, 2002.

     Total operating expenses of $44,644 were incurred during the six-month
period ended June 30, 2002 as compared to total operating expenses of $40,943
incurred during the six-month period ended June 30, 2001 (an increase of $3,701
or 9%). Operating expenses generally consisted of general and administrative
expenses and salary expenses. General and administrative expenses during the
six-month periods ended June 30, 2002 and 2001 were $25,986 and $20,890,
respectively (an increase of $5,096). The increase in general and administrative
expenses during the six-month period ended June 30, 2002 was primarily due to
the Company incurring more costs associated with its inventory acquisition and
professional fees. Salary expenses during the six-month periods ended June 30,
2002 and 2001 were $18,408 and $19,803, respectively (a decrease of $1,395).
General and administrative expenses include general corporate overhead, shipping
and warehousing costs, selling expenses and professional fees.

     Due primarily to an increase in operating expenses and a decrease in net
sales during the six-month period ended June 30, 2002, the Company realized a
net loss during the six-month period ended June 30, 2002. The Company's net loss
during the six-month period ended June 30, 2002 was approximately ($14,843)
compared to a net loss of approximately ($4,837) during the six-month period
ended June 30, 2001. The weighted average of common shares outstanding were
12,500,000 for the six-month periods ended June 30, 2002 and 2001, respectively.

Three-Month Period Ended June 30, 2002 Compared to Three-Month Period Ended June
30, 2001

     The Company realized a net loss of $18,098 for the three-month period ended
June 30, 2002 compared to a net loss of approximately $3,396 for the three-month
period ended June 30, 2001 (an increase of $14,702).

                                       9
<PAGE>


     Net sales for the three-month periods ended June 30, 2002 and 2001 were
$33,151 and $36,314, respectively. Net sales decreased by approximately $3,163
or 10% for the three-month period ended June 30, 2002 as compared to the
three-month period ended June 30, 2001. The decrease in net sales during the
three-month period ended June 30, 2002 was primarily due to changes in sales
volume. Prices for the Company's jewelry products have been and continue to be
consistent as a percentage of costs. Therefore, any fluctuations in sales
revenue would be derived from changes in sales volume. Gross profit for the
three-month periods ended June 30, 2002 and 2001 amounted to $5,303 and $17,489,
respectively (a net decrease of $12,186 or 230%). Gross profit decreased during
the three-month period ended June 30, 2002 as compared to the three-month period
ended June 30, 2001 primarily due to an increase in cost of goods sold from
$18,825 incurred during the three-month period ended June 30, 2001 to $27,848
incurred during the three-month period ended June 30, 2002 and a decrease in net
sales.

     Total operating expenses of $23,401 were incurred during the three-month
period ended June 30, 2002 as compared to total operating expenses of $20,885
incurred during the three-month period ended June 30, 2001 (an increase of
$2,516 or 12%). General and administrative expenses incurred during the
three-month periods ended June 30, 2002 and 2001 were $14,108 and $11,766,
respectively (an increase of $2,342). The increase in general and administrative
expenses during the three-month period ended June 30, 2002 was primarily due to
the Company incurring more costs associated with its inventory acquisition and
professional fees. Salary expenses during the three-month periods ended June 30,
2002 and 2001 were $9,168 and $8,994, respectively (an increase of $174).

     Due primarily to an increase in operating expenses and in cost of good sold
during the three-month period ended June 30, 2002, the Company realized a net
loss during the three-month period ended June 30, 2002. The Company's net loss
during the three-month period ended June 30, 2002 was approximately ($18,098)
compared to a net loss of approximately ($3,396) during the three-month period
ended June 30, 2001. The weighted average of common shares outstanding were
12,500,000 for the three-month periods ended June 30, 2002 and 2001,
respectively.

LIQUIDITY AND CAPITAL RESOURCES

For Six-Month Period Ended June 30, 2002

     The Company has only recently generated sufficient cash flow to partially
fund its operations and activities. The Company may experience a liquidity
crisis and be required to raise additional capital. Historically, the Company
has relied upon internally generated funds and funds from the sale of shares of
stock and loans from its shareholders and private investors to finance its
operations and growth. Management may raise additional capital through future
public or private offerings of its stock or through loans from private
investors, although there can be no assurance that the Company will be able to
obtain such financing. The Company's future success and viability are entirely
dependent upon the ability of the Company's current management to (i) strengthen
and increase its customer base by enhancing the marketability of its products,
(ii) increase the number of customers and expand into additional markets, (iii)
control inventory costs; and (iv) increase the manufacture rate. Management is
optimistic that the Company will be successful in its capital raising efforts.
There can be no assurance, however, that the Company will be able to continue to
successfully distribute and market its jewelry products and to raise additional
capital. The Company's failure to do so would have a material and adverse affect
upon the Company and its shareholders.

                                       10
<PAGE>


     The Company generated $29,801 and $70,517 in gross profit during the
six-month period ended June 30, 2002 and the fiscal year ended December 31,
2001, respectively.

     As of June 30, 2002, the Company's current assets were $17,619 and its
current liabilities were $18,684, which resulted in a working capital deficit of
$1,065. As of the six-month period ended June 30, 2002, the Company's total
assets were $19,616 compared to total assets of $58,354 for fiscal year ended
December 31, 2001. This decrease in total assets from fiscal year ended 2001 was
due primarily to a decrease in cash.

     As of the six-month period ended June 30, 2002, the Company's total
liabilities were $18,684 compared to total liabilities of $42,579 for fiscal
year ended December 31, 2001. This decrease in liabilities from fiscal year
ended 2001 was due primarily to a decrease in accounts due and owing by the
Company to $22,796 as of the six-month period ended June 30, 2002 from $40,791
as of fiscal year ended December 31, 2001 to $17995 as of June 30, 2002.

     As of June 30, 2002, the Company's total assets exceeded its total
liabilities by $932.

     The Company's stockholders' equity decreased from $15,775 for fiscal year
ended December 31, 2001 to $932 for the six-month period ended June 30, 2002.

     For the six-month period ended June 30, 2002, the net cash used by
operating activities was $36,468 compared to net cash used by operating
activities of $10,043 for the six-month period ended June 30, 2001 (an increase
of $26,425). During the six-month period ended June 30, 2002, net cash used by
operating activities was comprised mainly of $14,843 in net loss and $22,796 in
accounts payable as compared to a net loss of $4,837 and $10,322 in accounts
payable during the six-month period ended June 30, 2001.

     During the six-month periods ended June 30, 2002 and 2001, cash flows from
investing activities was $-0-, respectively. During the six-month periods ended
June 30, 2002 and 2001, cash flows from financing activities was $-0-,
respectively.

MATERIAL COMMITMENTS/FUNDING

     As of the date of this Quarterly Report, the Company does not have any
material commitments for fiscal year 2002.

     Based upon a twelve-month plan proposed by management, it is anticipated
that the Company's operational work plan will require approximately $200,000 of
financing designed to fund the general business operations. As of the date of
this Quarterly Report, the Company does not have any material commitments nor
does management anticipate any material commitments within the next twelve
months. It is anticipated that any expenditures to be incurred by the Company
will be operational. Management anticipates that a substantial portion of the
initial budget of $200,000 for the twelve-month work plan, which includes such
expenditures, will be funded pursuant to revenues generated from the sale of the
Company's jewelry products, or pursuant to public or private offerings of its
debt or equity securities, or future advancements. The Company may not be able
to raise such funds and, therefore, the successful marketing of its products may
not be accomplished.

                                       11
<PAGE>


     From the date of this Quarterly Report, management believes that the
Company can satisfy its cash requirements for approximately the next six months
based on its ability to generate revenues or obtain advances from certain
investors and related parties. In the event the Company is unable to generate
such cash, management believes that the Company can satisfy its cash
requirements for approximately the next three months from its liquid assets.

     The Company does not own any plant and/or equipment. Management does not
anticipate any purchases of plant and/or significant equipment.


PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

     Management is not aware of any legal proceedings contemplated by any
governmental authority or other party involving the Company or its properties.
No director, officer or affiliate of the Company is (i) a party adverse to the
Company in any legal proceedings, or (ii) has an adverse interest to the Company
in any legal proceedings. Management is not aware of any legal proceedings
pending or that have been threatened against the Company or its properties.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS

     No report required.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

     No report required.

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

     No report required.

ITEM 5. OTHER INFORMATION

     No report required.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     99.1 Certification Pursuant to 18 U.S.C. Section 1350.


SIGNATURES

     In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                            AUTEC ASSOCIATES, INC.

Dated: August 12, 2002                      By: /s/ Arthur Garrison
                                            -----------------------
                                            Arthur Garrison,
                                            President/ Principal
                                            Financial Officer


                                       12
<PAGE>

                                                                    EXHIBIT 99.1

                              AUTEC ASSOCIATES INC.
                             38 EAST OSCEOLA STREET
                              STUART, FLORIDA 34994




August 12, 2002



                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


     In connection with the Quarterly Report on Form 10-QSB for the six-month
period ended June 30, 2002 of Autec Associates Inc., a Florida corporation (the
"Company"), as filed with the Securities and Exchange Commission on the date
hereof (the "Quarterly Report"), I, Arthur Garrison, President and Chief
Financial Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

     1.   The Quarterly Report fully complies with the requirements of Section
          13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended;
          and

     2.   The information contained in this Quarterly Report fairly presents, in
          all material respects, the financial condition and results of
          operation of the Company.


                                       /s/ Arthur Garrison
                                       ----------------------------
                                       Arthur Garrison, President and Chief
                                       Financial Officer

                                       August 12, 2002