----

----

| (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, 2012                                             |
|       |   |                                                                                     |
| or         |
|       |   |                                                                                     |
| o          |   | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|       |   | For the transition period from ________________ to ________________                      |

| Delaware                                                       |   | 98-0668934                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |
|                                                           |   |                                 |
| 102 Ha’Avoda StreetP.O. Box 432Ashkelon, Israel          |   | L3 78100                             |
| (Address of principal executive offices)                       |   | (Zip Code)                           |

|   | 972 (8) 675-7878                                           |   |
|--------|------------------------------------------------------------|--------|
|   | (Registrant’s telephone number, including area code) |   |

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

|   | Large accelerated filer o                                                  | Accelerated filer o    |
|--------|----------------------------------------------------------------------------|-----------------------------|
|   | Non-accelerated filer o (Do not check if a smaller reporting company) | Smaller reporting company x |

----

|                           |                                                                                        | Page No. |
|--------------------------------|---------------------------------------------------------------------------------------------|----------|
| PART I - FINANCIAL INFORMATION |
| Item 1.                        | Financial Statements (Unaudited)                                                            | 3        |
|                           | Consolidated Balance Sheets                                                                 | 3        |
|                           | Consolidated Statements of Operations and Comprehensive Loss                                | 4        |
|                           | Statements of Changes in Stockholders' Equity (Deficit)                                     | 5        |
|                           | Consolidated Statements of Cash Flows                                                       | 11       |
|                           | Notes to Condensed Consolidated Financial Statements                                        | 12       |
| Item 2.                        | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 16       |
| Item 3.                        | Quantitative and Qualitative Disclosures About Market Risk                                  | 21       |
| Item 4.                        | Controls and Procedures                                                                     | 21       |
| PART II - OTHER INFORMATION    |
| Item 1A.                       | Risk Factors                                                                                | 22       |
| Item 6.                        | Exhibits                                                                                    | 23       |
| Signatures                     | 24                                                                                          |
| Exhibit Index                  | 25                                                                                          |

----

Item 

INTEGRITY 

|                                                                                                                                                                          |   | US dollars (except share data) |        |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|-------------|
|                                                                                                                                                                          |   | June 30,                       |        |   | December 31, |   |
|                                                                                                                                                                          |   | 2012                           |        |   | 2011 |   |
|                                                                                                                                                                          |   | (unaudited)                    |        |   |   |   |
| A S S E T S                                                                                                                                                                   |   |                           |        |   |   |   |
| Current Assets                                                                                                                                                                |   |                           |        |   |   |   |
| Cash and cash equivalents                                                                                                                                                     |   |                           | 758,367     |   |   |   | 1,896,504 |   |
| Other current assets                                                                                                                                                          |   |                           | 100,577     |   |   |   | 92,817 |   |
| Total current assets                                                                                                                                                          |   |                           | 858,944     |   |   |   | 1,989,321 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Property and Equipment, Net                                                                                                                                                   |   |                           | 71,790      |   |   |   | 82,868 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Funds in Respect of Employee Rights Upon Retirement                                                                                                                           |   |                           | 113,700     |   |   |   | 110,310 |   |
| Total assets                                                                                                                                                                  |   |                           | 1,044,434   |   |   |   | 2,182,499 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)                                                                                                                          |   |                           |        |   |   |   |   |   |
| Current Liabilities                                                                                                                                                           |   |                           |        |   |   |   |   |   |
| Accounts payable                                                                                                                                                              |   |                           | 136,226     |   |   |   | 71,763 |   |
| Other current liabilities                                                                                                                                                     |   |                           | 227,938     |   |   |   | 211,278 |   |
| Total current liabilities                                                                                                                                                     |   |                           | 364,164     |   |   |   | 283,041 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Long-Term Loans from Stockholders                                                                                                                                             |   |                           | 596,061     |   |   |   | 606,144 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Liability for Employee Rights Upon Retirement                                                                                                                                 |   |                           | 229,153     |   |   |   | 241,176 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Warrants with Down-Round Protection                                                                                                                                           |   |                           | 40,848      |   |   |   | 83,899 |   |
| Total liabilities                                                                                                                                                             |   |                           | 1,230,226   |   |   |   | 1,214,260 |   |
|                                                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Stockholders’ Equity (Deficit)                                                                                                                                          |   |                           |        |   |   |   |   |   |
| Common Stock of US$ 0.001 par value ("Common Stock"):                                                                                                                    |   |                           |        |   |   |   |   |   |
| 40,000,000 shares authorized as of June 30, 2012 and December 31, 2011; 5,295,543 shares issued and outstanding as of June 30, 2012 and December 31, 2011 |   |                           | 5,296       |   |   |   | 5,296 |   |
| Additional paid in capital                                                                                                                                                    |   |                           | 13,655,065  |   |   |   | 13,457,828 |   |
| Accumulated other comprehensive income                                                                                                                                        |   |                           | 43,777      |   |   |   | 22,634 |   |
| Deficit accumulated during the development stage                                                                                                                              |   |                           | (13,889,930 | ) |   |   | (12,517,519 | ) |
| Total stockholders' equity (deficit)                                                                                                                                          |   |                           | (185,792    | ) |   |   | 968,239 |   |
| Total liabilities and stockholders’ equity (deficit)                                                                                                                    |   |                           | 1,044,434   |   |   |   | 2,182,499 |   |

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

INTEGRITY 

|                                                                       |   | US dollars (except share data)       |      |
|----------------------------------------------------------------------------|--------|--------------------------------------|-----------|
|                                                                       |   | Six month period ended June 30, |      |   | Three month period ended June 30, |   |   | Cumulative periodfrom September 30, 2001 (date of inception) through June 30, |   |
|                                                                       |   | 2012                                 |      |   | 2011 |   |   | 2012 |   |   | 2011 |   |   | 2012(*) |   |
|                                                                       |   | (unaudited)                          |      |   | (unaudited) |   |   | (unaudited) |   |
| Research and development expenses, net                                     |   |                                 | 953,528   |   |   |   | 781,114 |   |   |   | 508,462 |   |   |   | 407,631 |   |   |   | 9,509,242 |   |
| General and administrative expenses                                        |   |                                 | 448,548   |   |   |   | 254,736 |   |   |   | 245,613 |   |   |   | 89,098 |   |   |   | 2,610,282 |   |
| Other income                                                               |   |                                 | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (912 | ) |
| Operating loss                                                             |   |                                 | 1,402,076 |   |   |   | 1,035,850 |   |   |   | 754,075 |   |   |   | 496,729 |   |   |   | 12,118,612 |   |
| Financing (income) expenses, net                                           |   |                                 | (29,665   | ) |   |   | 21,071 |   |   |   | (16,617 | ) |   |   | 19,928 |   |   |   | 1,771,318 |   |
| Loss for the period                                                        |   |                                 | 1,372,411 |   |   |   | 1,056,921 |   |   |   | 737,458 |   |   |   | 516,657 |   |   |   | 13,889,930 |   |
| Other comprehensive (income) loss:                                         |   |                                 |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustment                                    |   |                                 | (21,143   | ) |   |   | (24 | ) |   |   | (32,704 | ) |   |   | (41,239 | ) |   |   | (43,777 | ) |
|                                                                       |   |                                 |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive loss                                                         |   |                                 | 1,351,268 |   |   |   | 1,056,897 |   |   |   | 704,754 |   |   |   | 475,418 |   |   |   | 13,846,153 |   |
|                                                                       |   |                                 |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss per share (Basic and Diluted) (Note 4)                                |   |                                 | 0.26      |   |   |   | 0.22 |   |   |   | 0.14 |   |   |   | 0.10 |   |   |   |   |   |
|                                                                       |   |                                 |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding (Basic and Diluted) (Note 4) |   |                                 | 5,295,543 |   |   |   | 4,922,582 |   |   |   | 5,295,543 |   |   |   | 4,989,720 |   |   |   |   |   |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

INTEGRITY 

|                                                                                          |   | US Dollars (except share data) |      |
|-----------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                          |   |                           |      |   |   |   |   | Accumulated |   |   |  Deficit |   |   |   |   |
|                                                                                          |   | Common Stock                   |      |   |   |   |   | other |   |   | accumulated |   |   | Total |   |
|                                                                                          |   | Numberof shares                |      |   | Amount |   |   | Additionalpaid in capital |   |   | comprehensive loss |   |   | during development stage |   |   | stockholders equity (deficit) |   |
| September 30, 2001 (date of inception)                                                        |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2,136,307 Common Stock of US$ 0.001 per share issued for cash                            |   |                           | 2,136,307 |   |   |   | 2,136 |   |   |   | 38,306 |   |   |   | - |   |   |   | - |   |   |   | 40,442 |   |
|                                                                                          |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss for the period                                                                           |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (63,293 | ) |   |   | (63,293 | ) |
| Other comprehensive loss                                                                      |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | (5 | ) |   |   | - |   |   |   | (5 | ) |
| Balance as of December 31, 2002                                                               |   |                           | 2,136,307 |   |   |   | 2,136 |   |   |   | 38,306 |   |   |   | (5 | ) |   |   | (63,293 | ) |   |   | (22,856 | ) |
|                                                                                          |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss for the year                                                                             |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (350,290 | ) |   |   | (350,290 | ) |
| Other comprehensive loss                                                                      |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | (15,035 | ) |   |   | - |   |   |   | (15,035 | ) |
| Balance as of December 31, 2003                                                               |   |                           | 2,136,307 |   |   |   | 2,136 |   |   |   | 38,306 |   |   |   | (15,040 | ) |   |   | (413,583 | ) |   |   | (388,181 | ) |
|                                                                                          |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss for the year                                                                             |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (288,233 | ) |   |   | (288,233 | ) |
| Other comprehensive loss                                                                      |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | (15,069 | ) |   |   | - |   |   |   | (15,069 | ) |
| Issuance of 42,727 Common Stock for cash at US$ 1.76 per share on March 16, 2004    |   |                           | 42,727    |   |   |   | 43 |   |   |   | 74,957 |   |   |   | - |   |   |   | - |   |   |   | 75,000 |   |
| Issuance of 72,773 Common Stock for cash of US$ 1.72 per share on November 25, 2004 |   |                           | 72,773    |   |   |   | 73 |   |   |   | 128,783 |   |   |   | - |   |   |   | - |   |   |   | 128,856 |   |
| Balance as of December 31, 2004                                                               |   |                           | 2,251,807 |   |   |   | 2,252 |   |   |   | 242,046 |   |   |   | (30,109 | ) |   |   | (701,816 | ) |   |   | (487,627 | ) |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

|                                                                                           |   | US Dollars (except share data) |      |
|------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                           |   |                           |      |   |   |   |   | Accumulated |   |   | Deficit |   |   |   |   |
|                                                                                           |   | Common Stock                   |      |   |   |   |   | other |   |   |  accumulated |   |   | Total |   |
|                                                                                           |   | Numberof shares                |      |   | Amount |   |   | Additionalpaid in capital |   |   |  comprehensive loss |   |   | during development stage |   |   |  stockholders equity (deficit) |   |
|                                                                                           |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as of January 1, 2005                                                                  |   |                           | 2,251,807 |   |   |   | 2,252 |   |   |   | 242,046 |   |   |   | (30,109 | ) |   |   | (701,816 | ) |   |   | (487,627 | ) |
| Loss for the year                                                                              |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,055,594 | ) |   |   | (1,055,594 | ) |
| Other comprehensive income                                                                     |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | 8,542 |   |   |   | - |   |   |   | 8,542 |   |
| Issuance of 218,281 Common Stock for cash of US$ 1.72 per share on January 14, 2005  |   |                           | 218,281   |   |   |   | 218 |   |   |   | 374,782 |   |   |   | - |   |   |   | - |   |   |   | 375,000 |   |
| Issuance of 291,051 Common Stock for cash of US$ 1.72 per share on April 5, 2005          |   |                           | 291,051   |   |   |   | 291 |   |   |   | 499,709 |   |   |   | - |   |   |   | - |   |   |   | 500,000 |   |
| Issuance of 59,389 Common Stock for cash of US$ 3.37 per share on May 31, 2005            |   |                           | 59,389    |   |   |   | 60 |   |   |   | 199,940 |   |   |   | - |   |   |   | - |   |   |   | 200,000 |   |
| Stock-based compensation                                                                       |   |                           | 52,147    |   |   |   | 52 |   |   |   | 189,564 |   |   |   | - |   |   |   | - |   |   |   | 189,616 |   |
| Balance as of December 31, 2005                                                                |   |                           | 2,872,675 |   |   |   | 2,873 |   |   |   | 1,506,041 |   |   |   | (21,567 | ) |   |   | (1,757,410 | ) |   |   | (270,063 | ) |
|                                                                                           |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss for the year                                                                              |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,282,842 | ) |   |   | (1,282,842 | ) |
| Other comprehensive loss                                                                       |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | (57,127 | ) |   |   | - |   |   |   | (57,127 | ) |
| Issuance of 87,315 Common Stock for cash of US$ 1.47 per share on January 26, 2006   |   |                           | 87,315    |   |   |   | 87 |   |   |   | 128,118 |   |   |   | - |   |   |   | - |   |   |   | 128,205 |   |
| Issuance of 1,899 Common Stock for cash of US$ 3.63 per share on March 31, 2006      |   |                           | 1,899     |   |   |   | 2 |   |   |   | 6,888 |   |   |   | - |   |   |   | - |   |   |   | 6,890 |   |
| Issuance of 13,786 Common Stock for cash of US$ 3.63 per share on June 16, 2006      |   |                           | 13,786    |   |   |   | 14 |   |   |   | 49,986 |   |   |   | - |   |   |   | - |   |   |   | 50,000 |   |
| Issuance of 14,113 Common Stock for cash of US$ 3.63 per share on June 30, 2006      |   |                           | 14,113    |   |   |   | 14 |   |   |   | 51,166 |   |   |   | - |   |   |   | - |   |   |   | 51,180 |   |
| Issuance of 51,207 Common Stock for cash of US$ 3.91 per share on August 15, 2006    |   |                           | 51,207    |   |   |   | 51 |   |   |   | 199,949 |   |   |   | - |   |   |   | - |   |   |   | 200,000 |   |
| Issuance of 301,948 Common Stock for cash of US$ 4.31 per share on October 5, 2006   |   |                           | 301,948   |   |   |   | 302 |   |   |   | 1,299,698 |   |   |   | - |   |   |   | - |   |   |   | 1,300,000 |   |
| Issuance of 348,402 Common Stock for cash of US$ 4.31 per share on December 14, 2006 |   |                           | 348,402   |   |   |   | 349 |   |   |   | 1,372,146 |   |   |   | - |   |   |   | - |   |   |   | 1,372,495 |   |
| Stock-based compensation                                                                       |   |                           | 63,395    |   |   |   | 63 |   |   |   | 277,434 |   |   |   | - |   |   |   | - |   |   |   | 277,497 |   |
| Balance as of December 31, 2006                                                                |   |                           | 3,754,740 |   |   |   | 3,755 |   |   |   | 4,891,426 |   |   |   | (78,694 | ) |   |   | (3,040,252 | ) |   |   | 1,776,235 |   |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

|                                                                                           |   | US Dollars (except share data) |      |
|------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                           |   |                           |      |   |   |   |   | Accumulated |   |   |   |   |   | Deficit |   |   |   |   |
|                                                                                           |   | Common Stock                   |      |   |   |   |   | other |   |   | Receivable in |   |   |  accumulated |   |   | Total |   |
|                                                                                           |   | Numberof shares                |      |   | Amount |   |   | Additional paid in capital |   |   |  comprehensive income (loss) |   |   |  respect of stock issuance |   |   | during development stage |   |   |  stockholders equity (deficit) |   |
|                                                                                           |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as of January 1, 2007                                                                  |   |                           | 3,754,740 |   |   |   | 3,755 |   |   |   | 4,891,426 |   |   |   | (78,694 | ) |   |   | - |   |   |   | (3,040,252 | ) |   |   | 1,776,235 |   |
| Loss for the year                                                                              |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,593,205 | ) |   |   | (1,593,205 | ) |
| Other comprehensive income                                                                     |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | 84,528 |   |   |   | - |   |   |   | - |   |   |   | 84,528 |   |
| Stock-based compensation                                                                       |   |                           | 28,707    |   |   |   | 29 |   |   |   | 274,630 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 274,659 |   |
| Balance as of December 31, 2007                                                                |   |                           | 3,783,447 |   |   |   | 3,784 |   |   |   | 5,166,056 |   |   |   | 5,834 |   |   |   | - |   |   |   | (4,633,457 | ) |   |   | 542,217 |   |
|                                                                                           |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss for the year                                                                              |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,528,981 | ) |   |   | (1,528,981 | ) |
| Other comprehensive income                                                                     |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | 110,134 |   |   |   | - |   |   |   | - |   |   |   | 110,134 |   |
| Issuance of 61,989 Common Stock for cash of US$ 5.52 per share on September 27, 2008 |   |                           | 61,989    |   |   |   | 62 |   |   |   | 341,938 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 342,000 |   |
| Issuance of 104,220 Common Stock for cash of US$ 5.52 per share on October 7, 2008   |   |                           | 104,220   |   |   |   | 104 |   |   |   | 574,896 |   |   |   | - |   |   |   | (75,000 | ) |   |   | - |   |   |   | 500,000 |   |
| Stock-based compensation                                                                       |   |                           | -         |   |   |   | - |   |   |   | 84,380 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 84,380 |   |
| Balance as of December 31, 2008                                                                |   |                           | 3,949,656 |   |   |   | 3,950 |   |   |   | 6,167,270 |   |   |   | 115,968 |   |   |   | (75,000 | ) |   |   | (6,162,438 | ) |   |   | 49,750 |   |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

|                                                                                                           |   | US Dollars (except share data) |      |
|----------------------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                                           |   |                           |      |   |   |   |   | Accumulated |   |   |   |   |   | Deficit |   |   |   |   |
|                                                                                                           |   | Common Stock                   |      |   |   |   |   | other |   |   | Receivable in |   |   |  accumulated |   |   | Total |   |
|                                                                                                           |   | Numberof shares                |      |   | Amount |   |   | Additional paid in capital |   |   |  comprehensive income (loss) |   |   |  respect of stock issuance |   |   | during development stage |   |   |  stockholders equity (deficit) |   |
|                                                                                                           |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as of January 1, 2009                                                                                  |   |                           | 3,949,656 |   |   |   | 3,950 |   |   |   | 6,167,270 |   |   |   | 115,968 |   |   |   | (75,000 | ) |   |   | (6,162,438 | ) |   |   | 49,750 |   |
| Loss for the year                                                                                              |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,202,296 | ) |   |   | (1,202,296 | ) |
| Other comprehensive loss                                                                                       |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | (13,367 | ) |   |   | - |   |   |   | - |   |   |   | (13,367 | ) |
| Issuance of 50,342 Common Stock for cash of US$ 6.02 per share in January 2009                            |   |                           | 50,342    |   |   |   | 50 |   |   |   | 302,950 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 303,000 |   |
| Repayment of receivable in respect of stock issuance                                                           |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 75,000 |   |   |   | - |   |   |   | 75,000 |   |
| Stock-based compensation                                                                                       |   |                           | -         |   |   |   | - |   |   |   | 12,171 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 12,171 |   |
| Balance as of December 31, 2009                                                                                |   |                           | 3,999,998 |   |   |   | 4,000 |   |   |   | 6,482,391 |   |   |   | 102,601 |   |   |   | - |   |   |   | (7,364,734 | ) |   |   | (775,742 | ) |
|                                                                                                           |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss for the year                                                                                              |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (2,788,446 | ) |   |   | (2,788,446 | ) |
| Other comprehensive loss                                                                                       |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | (119,019 | ) |   |   | - |   |   |   | - |   |   |   | (119,019 | ) |
| Issuance of 530,600 Common Stock for cash of US$ 6.25 per share in December 2010, net of related expenses |   |                           | 530,600   |   |   |   | 531 |   |   |   | 2,356,501 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 2,357,032 |   |
| Stock-based interest compensation to convertible notes holders                                                 |   |                           | 194,391   |   |   |   | 194 |   |   |   | 1,214,749 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 1,214,943 |   |
| Conversion of convertible notes                                                                                |   |                           | 119,586   |   |   |   | 120 |   |   |   | 694,676 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 694,796 |   |
| Stock-based compensation                                                                                       |   |                           | -         |   |   |   | - |   |   |   | 14,575 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 14,575 |   |
| Balance as of December 31, 2010                                                                                |   |                           | 4,844,575 |   |   |   | 4,845 |   |   |   | 10,762,892 |   |   |   | (16,418 | ) |   |   | - |   |   |   | (10,153,180 | ) |   |   | 598,139 |   |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

|                                                                                                                |   | US Dollars (except share data) |      |
|---------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                                                |   |                           |      |   |   |   |   | Accumulated |   |   |   |   |   | Deficit |   |   |   |   |
|                                                                                                                |   | Common Stock                   |      |   |   |   |   | other |   |   | Receivable in |   |   | accumulated |   |   | Total |   |
|                                                                                                                |   | Numberof shares                |      |   | Amount |   |   | Additional paid in capital |   |   |  comprehensive loss |   |   |  respect of stock issuance |   |   | during development stage |   |   |  stockholders equity (deficit) |   |
|                                                                                                                |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as of January 1, 2011                                                                                       |   |                           | 4,844,575 |   |   |   | 4,845 |   |   |   | 10,762,892 |   |   |   | (16,418 | ) |   |   | - |   |   |   | (10,153,180 | ) |   |   | 598,139 |   |
| Loss for the year                                                                                                   |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (2,364,339 | ) |   |   | (2,364,339 | ) |
| Other comprehensive income                                                                                          |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | 39,052 |   |   |   | - |   |   |   | - |   |   |   | 39,052 |   |
| Issuance of 16,320 Common Stock for cash of US$ 6.25 per share in January 31, 2011, net of related expenses    |   |                           | 16,320    |   |   |   | 16 |   |   |   | 83,164 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 83,180 |   |
| Issuance of 90,768 Common Stock for cash of US$ 6.25 per share in March 31, 2011, net of related expenses |   |                           | 90,768    |   |   |   | 91 |   |   |   | 479,810 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 479,901 |   |
| Issuance of 40,000 Common Stock for cash of US$ 6.25 per share in April 29, 2011, net of related expenses      |   |                           | 40,000    |   |   |   | 40 |   |   |   | 191,682 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 191,722 |   |
| Issuance of 34,200 Common Stock for cash of US$ 6.25 per share in May 31, 2011, net of related expenses        |   |                           | 34,200    |   |   |   | 34 |   |   |   | 179,992 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 180,026 |   |
| Issuance of 269,680 Common Stock for cash of US$ 6.25 per share on July 29, 2011, net of related expenses      |   |                           | 269,680   |   |   |   | 270 |   |   |   | 1,466,115 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 1,466,385 |   |
| Fair value of warrants with down-round protection issued in connection with Common Stock issuances                  |   |                           | -         |   |   |   | - |   |   |   | (83,899 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (83,899 | ) |
| Stock-based compensation                                                                                            |   |                           | -         |   |   |   | - |   |   |   | 378,072 |   |   |   |   |   |   |   | - |   |   |   | - |   |   |   | 378,072 |   |
| Balance as of December 31, 2011                                                                                     |   |                           | 5,295,543 |   |   |   | 5,296 |   |   |   | 13,457,828 |   |   |   | 22,634 |   |   |   | - |   |   |   | (12,517,519 | ) |   |   | 968,239 |   |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

|                                    |   | US Dollars (except share data) |      |
|-----------------------------------------|--------|--------------------------------|-----------|
|                                    |   |                           |      |   |   |   |   | Accumulated |   |   |   |   |   | Deficit |   |   |   |   |
|                                    |   | Common Stock                   |      |   |   |   |   | other |   |   | Receivable in |   |   | accumulated |   |   | Total |   |
|                                    |   | Numberof shares                |      |   | Amount |   |   | Additional paid in capital |   |   | comprehensive loss |   |   | respect of stock issuance |   |   | during development stage |   |   | stockholders equity (deficit) |   |
|                                    |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as of January 1, 2012           |   |                           | 5,295,543 |   |   |   | 5,296 |   |   |   | 13,457,828 |   |   |   | 22,634 |   |   |   | - |   |   |   | (12,517,519 | ) |   |   | 968,239 |   |
| Loss for the period of six months       |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,372,411 | ) |   |   | (1,372,411 | ) |
| Other comprehensive loss                |   |                           | -         |   |   |   | - |   |   |   | - |   |   |   | 21,143 |   |   |   | - |   |   |   | - |   |   |   | 21,143 |   |
| Stock-based compensation                |   |                           | -         |   |   |   | - |   |   |   | 197,237 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 197,237 |   |
| Balance as of June 30, 2012 (unaudited) |   |                           | 5,295,543 |   |   |   | 5,296 |   |   |   | 13,655,065 |   |   |   | 43,777 |   |   |   | - |   |   |   | (13,889,930 | ) |   |   | (185,792 | ) |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

INTEGRITY 

|                                                                                   |   | US dollars                           |       |
|----------------------------------------------------------------------------------------|--------|--------------------------------------|------------|
|                                                                                   |   | Six month period ended June 30, |       |   | Cumulative periodfrom September 30, 2001 (date of inception) through June 30, |   |
|                                                                                   |   | 2012                                 |       |   | 2011 |   |   | 2012(*) |   |
|                                                                                   |   | (unaudited)                          |       |   | (unaudited) |   |
| Cash flows from operating activities:                                                  |   |                                 |       |   |   |   |   |   |   |   |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |
| Loss for the period                                                                    |   |                                 | (1,372,411 | ) |   |   | (1,056,921 | ) |   |   | (13,889,930 | ) |
| Adjustments to reconcile loss for the period to net cash used in operating activities: |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Depreciation                                                                           |   |                                 | 12,741     |   |   |   | 10,398 |   |   |   | 145,227 |   |
| Increase (decrease) in liability for employee rights upon retirement                   |   |                                 | (5,945     | ) |   |   | 9,553 |   |   |   | 217,757 |   |
| Stock-based compensation                                                               |   |                                 | 197,237    |   |   |   | 189,355 |   |   |   | 1,428,140 |   |
| Stock-based interest compensation to convertible notes holders                         |   |                                 | -          |   |   |   | - |   |   |   | 1,214,943 |   |
| Change in the fair value of warrants with round-down protection                        |   |                                 | (43,051    | ) |   |   | - |   |   |   | (43,051 | ) |
| Linkage difference on principal of loans from stockholders (**)                        |   |                                 | 5,869      |   |   |   | (8,733 | ) |   |   | 182,918 |   |
| Interest on convertible notes                                                          |   |                                 | -          |   |   |   | - |   |   |   | 78,192 |   |
| Gain on sale of property and equipment                                                 |   |                                 | -          |   |   |   | - |   |   |   | (912 | ) |
| Gain from trading marketable securities                                                |   |                                 | -          |   |   |   | - |   |   |   | (12,920 | ) |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Changes in assets and liabilities:                                                     |   |                                 |       |   |   |   |   |   |   |   |   |   |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Decrease (increase) in other current assets                                            |   |                                 | (8,121     | )  |   |   | 27,658 |   |   |   | (91,408 | ) |
| Increase (decrease) in accounts payable                                                |   |                                 | 67,012     |   |   |   | 31,671 |   |   |   | 140,154 |   |
| Increase (decrease) in other current liabilities                                       |   |                                 | 22,694     |   |   |   | (80,814 | ) |   |   | 230,080 |   |
| Net cash used in operating activities                                                  |   |                                 | (1,123,975 | ) |   |   | (877,833 | ) |   |   | (10,400,810 | ) |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Cash flows from investment activities:                                                 |   |                                 |       |   |   |   |   |   |   |   |   |   |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Decrease (increase) in funds in respect of employee rights upon retirement             |   |                                 | (6,470     | ) |   |   | (11,699 | ) |   |   | (109,274 | ) |
| Purchase of property and equipment                                                     |   |                                 | (3,516     | ) |   |   | (47,750 | ) |   |   | (212,289 | ) |
| Proceeds from sale of property and equipment                                           |   |                                 | -          |   |   |   | - |   |   |   | 4,791 |   |
| Investment in marketable securities                                                    |   |                                 | -          |   |   |   | - |   |   |   | (388,732 | ) |
| Proceeds from sale of marketable securities                                            |   |                                 | -          |   |   |   | - |   |   |   | 406,995 |   |
| Short-term loan granted to related party, net of repayments                            |   |                                 | -          |   |   |   | - |   |   |   | (14,252 | ) |
| Net cash provided by (used in) investment activities                                   |   |                                 | (9,986     | ) |   |   | (59,449 | ) |   |   | (312,761 | ) |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Cash flows from financing activities                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
|                                                                                   |   |                                 |       |   |   |   |   |   |   |   |   |   |
| Credit from banking institutions (repayment)                                           |   |                                 | -          |   |   |   | (18,977 | ) |   |   | (6,218 | ) |
| Proceeds from issuance of convertible notes                                            |   |                                 | -          |   |   |   | - |   |   |   | 1,144,000 |   |
| Repayment of convertible notes                                                         |   |                                 | -          |   |   |   | - |   |   |   | (527,396 | ) |
| Proceeds from issuance of Common Stock, net of issuance expenses                       |   |                                 | -          |   |   |   | 934,829 |   |   |   | 10,406,380 |   |
| Proceeds from stockholders loans                                                       |   |                                 | -          |   |   |   | - |   |   |   | 347,742 |   |
| Net cash provided by financing activities                                              |   |                                 | -          |   |   |   | 915,852 |   |   |   | 11,364,508 |   |
| Effect of exchange rate changes on cash and cash equivalents                           |   |                                 | (4,176     | ) |   |   | 28,457 |   |   |   | 107,430 |   |
| Increase (decrease) in cash and cash equivalents                                       |   |                                 | (1,138,137 | ) |   |   | 7,027 |   |   |   | 758,367 |   |
| Cash and cash equivalents at beginning of the period                                   |   |                                 | 1,896,504  |   |   |   | 1,494,248 |   |   |   | - |   |
| Cash and cash equivalents at end of the period                                         |   |                                 | 758,367    |   |   |   | 1,501,275 |   |   |   | 758,367 |   |

| (*) | As described in Note 1A, the financial statements were retroactively restated to reflect the historical financial statements of the subsidiary A.D. Integrity Applications Ltd., which merged with a subsidiary of the Company on July 15, 2010, as part of a structural reorganization of the Group. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (**) | Represents charges taken to reflect changes in the Israeli Consumer Price index with respect to loans from stockholders that are denominated in New Israeli Shekels and linked to the Israeli Consumer Price Index. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying notes are an integral part of the consolidated financial statements. |
|---------------------------------------------------------------------------------------|

----

INTEGRITY 

| NOTE 1 | – | GENERAL |
|--------|---------|---------|

|   | A. | Integrity Applications, Inc. (the "Company") was incorporated on May 18, 2010, under the laws of the State of Delaware.  On July 15, 2010, Integrity Acquisition Corp. Ltd. (hereinafter: "Integrity Acquisition"), a wholly owned Israeli subsidiary of the Company which was established on May 23, 2010, completed a merger with A.D. Integrity Applications Ltd. (hereinafter: "Integrity Israel"), an Israeli corporation which was previously held by the stockholders of the Company.  Pursuant to the merger, all stockholders, option holders and warrant holders of Integrity Israel received an equal number of shares, options and warrants of the Company, as applicable in exchange for their shares, options and/or warrants in Integrity Israel.  Following the merger, Integrity Israel remained a wholly-owned subsidiary of the Company.  As the merger transaction constitutes a structural reorganization, the merger has been accounted for at historical cost in a manner similar to a pooling of interests.  On this basis, stockholders’ equity (deficit) has been retroactively restated such that each ordinary share of Integrity Israel is reflected in stockholders' equity as a share of Common Stock of the Company as of the date of the issuance thereof by Integrity Israel.  In addition, the historical financial statements of the Company for all dates and periods prior to May 18, 2010 have been retroactively restated to reflect the activities of Integrity Israel. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B. | Going concern uncertainty |
|--------|----|---------------------------|

----

| NOTE 1 | – | GENERAL (cont.) |
|--------|---------|-----------------|

|   | C. | Risk factors |
|--------|----|--------------|

|   | D. | Use of estimates in the preparation of financial statements |
|--------|----|-------------------------------------------------------------|

| NOTE 2 | – | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
|--------|---------|--------------------------------------------|

|   | A. | Basis of presentation |
|--------|----|-----------------------|

----

| NOTE 2 | – | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) |
|--------|---------|----------------------------------------------------|

|   | B. | Recently issued accounting pronouncements |
|--------|----|-------------------------------------------|

|   | 1. | ASC Topic 220, "Comprehensive Income" |
|--------|----|---------------------------------------|

|   | 2. | ASC Topic 210, “Balance Sheet” |
|--------|----|--------------------------------------------|

| NOTE 3 | – | EVENTS DURING THE REPORTED PERIOD |
|--------|---------|-----------------------------------|

| Dividend yield (%)                    |   |   | 0    |   |
|---------------------------------------|--------|--------|------|--------|
| Expected volatility (%) (*)           |   |   | 50   |   |
| Risk free interest rate (%)           |   |   | 2    |   |
| Expected term of options (years) (**) |   |   | 6    |   |
| Exercise price (US dollars)           |   |   | 6.25 |   |
| Share price (US dollars) (***)        |   |   | 6.25 |   |
| Fair value (US dollars)               |   |   | 3.08 |   |

|   |   (*) | Due to the fact that there is no public market for the Company's common stock, the expected volatility is based on the historic volatility of public companies which operate in the same industry sector. |
|--------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   (**) | Due to the fact that the Company does not have historical exercise data, the expected term was determined based on the "simplified method" in accordance with Staff Accounting Bulletin No. 110. |
|--------|-------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   (***) | The fair value of the share was based on the most recent share prices, as applicable to each grant. |
|--------|--------------|-----------------------------------------------------------------------------------------------------|

----

| NOTE 4 | – | LOSS PER SHARE |
|--------|---------|----------------|

|                     |   | US dollars                     |      |
|--------------------------|--------|--------------------------------|-----------|
|                     |   | Six month periodended June 30, |      |   | Three month periodended June 30, |   |
|                     |   | 2012                           |      |   | 2011 |   |   | 2012 |   |   | 2011 |   |
|                     |   | (unaudited)                    |      |   | (unaudited) |   |
| Loss used for the period |   |                           | 1,372,411 |   |   |   | 1,056,921 |   |   |   | 737,458 |   |   |   | 516,657 |   |

|                                                                                                                                                      |   | Number of shares               |      |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|-----------|
|                                                                                                                                                      |   | Six month periodended June 30, |      |   | Three month period ended June 30, |   |
|                                                                                                                                                      |   | 2012                           |      |   | 2011 |   |   | 2012 |   |   | 2011 |   |
|                                                                                                                                                      |   |                           |      |   |   |   |   |   |   |   |   |   |
| Number of shares:                                                                                                                                         |   |                           |      |   |   |   |   |   |   |   |   |   |
| Weighted average number of shares used in the computation of basic and diluted earnings per share                                                         |   |                           | 5,295,543 |   |   |   | 4,922,582 |   |   |   | 5,295,543 |   |   |   | 4,989,720 |   |
|                                                                                                                                                      |   |                           |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total weighted average number of ordinary shares related to outstanding options and warrants excluded from the calculations of diluted loss per share (*) |   |                           | 600,232   |   |   |   | 555,764 |   |   |   | 600,232 |   |   |   | 555,764 |   |

|   | (*) | All outstanding stock options and warrants have been excluded from the calculation of the diluted net loss per share for all the reported periods, since the effect of the shares issuable with respect of these instruments was anti-dilutive. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Item 

----

----

| 1. | ASC Topic 220, "Comprehensive Income" |
|----|---------------------------------------|

| 2. | ASC Topic 210, “Balance Sheet” |
|----|--------------------------------------------|

----

----

----

Item 

Item 

----

Item 

|   | · | our need to expand research and development activities; |
|--------|--------|---------------------------------------------------------|

|   | · | the need and ability to hire additional management and scientific and medical personnel; |
|--------|--------|------------------------------------------------------------------------------------------|

|   | · | the effect of competing technological and market developments; |
|--------|--------|----------------------------------------------------------------|

|   | · | the need to implement additional internal systems and infrastructure, including financial and reporting systems; |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | · | the rate of progress and cost of our clinical trials; |
|--------|--------|-------------------------------------------------------|

|   | · | the costs associated with establishing commercialization capabilities, including a sales force if we distribute our product other than through distributors; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | the costs and timing of seeking and obtaining FDA and other non-U.S. regulatory clearances and approvals; and |
|--------|--------|---------------------------------------------------------------------------------------------------------------|

|   | · | the ability to maintain, expand and defend the scope of our intellectual property portfolio. |
|--------|--------|----------------------------------------------------------------------------------------------|

----

Item 

| Exhibit No. |   | Description                                                                                            |
|-------------|--------|--------------------------------------------------------------------------------------------------------|
|        |   |                                                                                                   |
| 3.1         |   | Certificate of Incorporation of Integrity Applications, Inc. (1)                                       |
| 3.2         |   | Certificate of Amendment to Certificate of Incorporation of Integrity Applications, Inc. (1)           |
| 3.3         |   | Bylaws of Integrity Applications, Inc. (1)                                                             |
| 31.1        |   | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002     |
| 31.2        |   | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| 32.1        |   | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002     |
| 32.2        |   | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
| 101.INS     |   | XBRL Instance Document (2)                                                                             |
| 101.SCH     |   | XBRL Schema Document (2)                                                                               |
| 101.CAL     |   | XBRL Calculation Linkbase Document (2)                                                                 |
| 101.LAB     |   | XBRL Label Linkbase Document (2)                                                                       |
| 101.PRE     |   | XBRL Presentation Linkbase Document (2)                                                                |
| 101.DEF     |   | XBRL Definition Linkbase Document (2)                                                                  |

| (1) | Previously filed as an exhibit to the Company’s Registration Statement on Form S-1, as filed with the SEC on August 22, 2011. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| (2) | To be filed within 30 days of the filing of this Quarterly Report on Form 10-Q pursuant to Rule 405(a)(2)(ii) of Regulation S-T.  |
|-----|----------------------------------------------------------------------------------------------------------------------------------------|

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SIGNATURES

|   | INTEGRITY APPLICATIONS, INC.  |                                              |
|--------|------------------------------------|---------------------------------------------------|
|   | By:                                | /s/ Avner Gal                                     |   |
|   | Name:                              | Avner Gal                                         |   |
|   | Title                              | Chairman of the Board and Chief Executive Officer |   |

|   | By:   | /s/ Jacob Bar-Shalom                                  |   |
|--------|-------|-------------------------------------------------------|--------|
|   | Name: | Jacob Bar-Shalom                                      |   |
|   | Title | Chief Financial Officer(Principal Accounting Officer) |   |

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EXHIBIT 

| Exhibit No. |   | Description                                                                                                                                                                     |
|-------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |   |                                                                                                                                                                            |
| 3.1         |   | Certificate of Incorporation of Integrity Applications, Inc. (1)                                                                                                                |
| 3.2         |   | Certificate of Amendment to Certificate of Incorporation of Integrity Applications, Inc. (1)                                                                                    |
| 3.3         |   | Bylaws of Integrity Applications, Inc. (1)                                                                                                                                      |
| 31.1        |   | Certification of Chief Executive Officer Pursuant to Exchange Act Rule 13a-14(a) or 15(d)-14(a), as Adopted Pursuant to Section 302 of the Sarbanes Oxley Act of 2002           |
| 31.2        |   | Certification of Chief Financial Officer Pursuant to Exchange Act Rule 13a-14(a) or 15(d)-14(a), as Adopted Pursuant to Section 302 of the Sarbanes Oxley Act of 2002 |
| 32.1        |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002                     |
| 32.2        |   | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes Oxley Act of 2002                               |
| 101.INS     |   | XBRL Instance Document (2)                                                                                                                                                      |
| 101.SCH     |   | XBRL Schema Document (2)                                                                                                                                                        |
| 101.CAL     |   | XBRL Calculation Linkbase Document (2)                                                                                                                                          |
| 101.LAB     |   | XBRL Label Linkbase Document (2)                                                                                                                                                |
| 101.PRE     |   | XBRL Presentation Linkbase Document (2)                                                                                                                                         |
| 101.DEF     |   | XBRL Definition Linkbase Document (2)                                                                                                                                           |

| (1) | Previously filed as an exhibit to the Company’s Registration Statement on Form S-1, as filed with the SEC on August 22, 2011. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| (2) | To be filed within 30 days of the filing of this Quarterly Report on Form 10-Q pursuant to Rule 405(a)(2)(ii) of Regulation S-T. |
|-----|----------------------------------------------------------------------------------------------------------------------------------|

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