TABLE OF CONTENTS




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|------------------------------ |  |  |  |  |  |  |  | 
|FORM 10-QSB                   
|PART I  FINANCIAL INFORMATION
|PART II  OTHER INFORMATION   
|SIGNATURES                    
|EX-15                         
|EX-99                         



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FORM 10-QSB

U.S. Securities and Exchange Commission

Washington, D.C. 20549

Form 10-QSB

(Mark One)

|     |  |                                                                                  
|---- |  | ---------------------------------------------------------------------------------
|[X]  |  | QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
|     |  | For the quarterly period ended December 31, 2001                                 
|    
|[  ] |  | TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE EXCHANGE ACT                  
|     |  | For the transition period from
 to                                               



CINTECH SOLUTIONS, INC.  (Exact name of small business issuer as specified in its charter)


|                                                               |  |                                        
|-------------------------------------------------------------- |  | ---------------------------------------
|OHIO                                                           |  | 31-1200684                             
|                                                               |  |                                        
|(State or other jurisdiction of
incorporation or organization) |  | (I.R.S. Employer Identification Number)



4747 Lake Forest Drive, Cincinnati, Ohio 45242  (Address of principal executive offices)




(513) 731-6000  (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

APPLICABLE ONLY TO CORPORATE ISSUERS





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State the number of shares outstanding of each of the issuers classes of
common equity, as of the latest practicable date: 12,325,727 shares of common
stock as of December 31, 2001.

Transitional Small Business Disclosure Format (check one):
Yes    NoX




PART I  FINANCIAL INFORMATION

Item 1. Financial Statements.

The condensed financial statements attached to the end of this quarterly
report are filed as part of this quarterly report. The financial statements
include all adjustments, which in the opinion of management are necessary in
order to make the financial statements not misleading.

Item 2. Managements Discussions and Analysis or Plan of Operation.

The following selected financial information set forth below has been
derived from the unaudited condensed financial statements of the Company. This
discussion and analysis should be read in conjunction with such financial
statements. All amounts are in US dollars.

Results of Operations

For the three months ended December 31, 2001 compared to the three months ended
December 31, 2000

Revenues for the quarter ended December 31, 2001 were $1,764,000. This
figure includes a favorable adjustment of $283,000 to reduce reserves for
customer returns and price adjustments. Net of this adjustment, revenues for
the quarter were $1,481,000, compared to $2,664,000 for the same period last
year. The $1,183,000 or 44%, decrease in sales is due to a 47% decrease in
Automatic Call Distribution (ACD) revenue, a 38% decrease in revenue from other
Company products and a 35% decrease in services revenue.

Gross profit of $1,296,000 was $641,000, or 33%, lower than the
corresponding period of last year. This decrease in gross profit is a direct
result of the decrease in sales volume. Gross profit as a percentage of sales
was 73% for the quarter. Gross profit was favorably impacted by the reserve
adjustment described above. Without this adjustment, gross profit for the
quarter would have been $1,014,000, representing gross margin of 68% for the
period ended December 31, 2001, versus $1,937,000 or 73% for the same period
last year.

The Company continued its investment in its growth strategy. Research and
development costs of $302,000 were $55,000, or 22%, higher than the comparable
prior year period. Selling, general and administrative expenses of $1,670,000
were $4,000 higher than the comparable prior year period. Selling, general and
administrative expenses included costs of $119,000 associated with the move to
the companys new facilities in Blue Ash in December 2001. Excluding the
impact of these non-recurring costs, selling, general and administrative
expenses for the quarter would have declined by 7% when compared to the same
period last year. The Company accrued $104,000 of costs associated with the
termination of the lease in Norwood.

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The Company realized a loss from operations of $780,000 for the three
months ended December 31, 2001 as compared to income from operations of $24,000
reported for the same period last year.

Other income was $29,000 as compared to $107,000 for the comparable prior
year period due primarily to a decrease in marketable securities and the rate
of return on investments.

The income tax benefit of $239,000 as compared to an income tax provision
of $41,000 for the comparable prior year period changed as a result of the
change in taxable income.

The Company realized a net loss of $512,000 for the three months ended
December 31, 2001 compared to net income of $90,000 reported for the same
period last year. Loss per share, basic and diluted, were $0.04 versus a net
income of $0.01 per share reported for the comparable prior year period.

For the six months ended
December 31, 2001 compared to the six months ended December 31, 2000

Revenues for the six months ended December 31, 2001 were $3,377,000. This
figure includes a favorable adjustment of $283,000 to reduce reserves for
customer returns and price adjustments. Net of this adjustment, revenues for
the six months were $3,094,000, compared to $5,275,000 for the same period last
year. The $2,181,000 or 41%, decrease in sales is due to a 44% decrease in
Automatic Call Distribution (ACD) revenue, a 35% decrease in revenue from other
Company products and a 33% decrease in services revenue.

Gross profit of $2,329,000 was $1,539,000, or 40%, lower than the
corresponding period of last year. This decrease in gross profit is a direct
result of the decrease in sales volume. Gross profit as a percentage of sales
was 69% for the six months. Gross profit was favorably impacted by the reserve
adjustment described above. Without this adjustment, gross profit for the six
months would have been $2,046,000, representing gross margin of 66% for the
period ended December 31, 2001, versus $3,868,000 or 73% for the same period
last year.

The Company continued its investment in its growth strategy. Research and
development costs of $581,000 were $69,000, or 14%, higher than the comparable
prior year period. Selling, general and administrative expenses of $3,361,000
were $28,000 higher than the comparable prior year period. Selling, general
and administrative expenses included costs of $119,000 associated with the move
to the companys new facilities in Blue Ash in December 2001. Excluding the
impact of these non-recurring costs, selling, general and administrative
expenses for the six months would have declined by 3% when compared to the same
period last year. The Company accrued $104,000 of costs associated with the
termination of the lease in Norwood.

The Company realized a loss from operations of $1,718,000 for the six
months ended December 31, 2001 as compared to income from operations of $23,000
reported for the same period last year.

Other income was $81,000 as compared to $233,000 for the comparable prior
year period due primarily to a decrease in marketable securities and the rate
of return on investments.

The income tax benefit of $563,000 for the six months ended December 31,
2001 as compared to an income tax provision of $80,000 for the comparable
prior year period changed as a result of the change in taxable income.

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The Company realized a net loss of $1,073,000 for the six months ended
December 31, 2001 compared to net income of $176,000 reported for the same
period last year. Loss per share, basic and diluted, were $0.09 versus a net
income of $0.01 per share reported for the comparable prior year period.

Liquidity and Capital Resources

Working Capital decreased to $4.4 million as compared to $7.7 million for
the corresponding period of last year. The decrease of $3.3 million is
primarily due to decreases in cash and marketable securities and accounts
receivable of $3.1 million and $0.4 million, respectively, which were offset by
decreases in deferred maintenance revenue and other liabilities of $0.2 million
and $0.1 million, respectively.

As of December 31, 2001, the Company held cash and marketable securities
totaling approximately $4.7 million and had no outstanding long-term debt
obligations.

The Companys plan of operation is to continue distributing its contact
center solutions and development of services revenue. The Company feels that
there is no significant element of income or loss that does not arise from the
Companys continuing operations.

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PART II  OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 2. Changes in Securities and Use of Proceeds

None

Item 3. Defaults upon Senior Securities

Not Applicable

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

At the annual meeting of shareholders held on October 23, 2001, the
following matters were to be voted upon: 1) to elect Directors and 2) to
appoint Deloitte & Touche LLP as auditors. Of the proxies received, the
following shares were voted For/Against/Withheld:

|   |  |                                  |  |     |           |         |  |          |       |  |  |  |       |  |  |  |  |  |  | 
|-- |  | -------------------------------- |  | --- | --------- | ------- |  | -------- | ----- |  |  |  | ----- |  |  |  |  |  |  | 
|1) |  | To elect Directors:              |  | For |           | Against |  | Withheld |       |  |  | 
|   |  | Diane M. Kamionka                |  |     | 8,854,246 |         |  |          | 0     |  |  |  | 4,300 |  |  |  |  | 
|   |  | Bryant A. Downey                 |  |     | 8,854,246 |         |  |          | 0     |  |  |  | 4,300 |  |  |  |  | 
|   |  | Frank W. Terrizzi                |  |     | 8,854,246 |         |  |          | 0     |  |  |  | 4,300 |  |  |  |  | 
|   |  | Christopher D. Brennan           |  |     | 8,854,246 |         |  |          | 0     |  |  |  | 4,300 |  |  |  |  | 
|   |  | Richard G. Reid                  |  |     | 8,854,246 |         |  |          | 0     |  |  |  | 4,300 |  |  |  |  | 
|2) |  | To appoint Deloitte & Touche LLP |  |     |           |         |  |          |       |  |  |  |       |  |  |  |  | 
|   |  | as auditors                      |  |     | 8,853,346 |         |  |          | 1,700 |  |  |  | 3,500 |  |  |  |  | 

Item 5. Other Information

None

Item 6. Exhibits and Reports on Form 8-K

The following Exhibits are required by Item 601 of Regulation S-B:

|        |  |                                                                                                          |  |                  
|------- |  | -------------------------------------------------------------------------------------------------------- |  | -----------------
|Exhibit |  |                                                                                                          |  |                  
|Number  |  | Description of Document                                                                                  |  | Page             
|        |  |                                                                                                          |  |                  
|15
99   |  | Letter on Unaudited Interim Financial Information
Financial Statements / Independent Accountants Report |  | Attached
Attached

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SIGNATURES

In accordance with the requirements of the Securities Exchange Act of
1934, Cintech Solutions, Inc., as Registrant, has caused this Report on Form
10-QSB to be signed on its behalf by the undersigned, thereunto duly
authorized.

CINTECH SOLUTIONS, INC.

|    |  |                                                                              |  |                         | 
|--- |  | ---------------------------------------------------------------------------- |  | ----------------------- | 
|By: |  | /s/ Diane M. KamionkaDiane M. Kamionka
President and Chief Executive Officer |  | Date: February 14, 2002
|   
|By: |  | /s/ Dino LucarelliDino Lucarelli
Chief Financial Officer                     |  | Date: February 14, 2002

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