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

                            FORM 10-QSB

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

   QUARTERLY REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES
                       EXCHANGE ACT OF 1934

           For the quarterly period ended June 30, 2003

                   Commission File No.: 0-10854

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

              DELAWARE        13-27956-75
    (State or other Jurisdiction of      (I.R.S Employer
    Incorporation or Organization)     Identification No.)

152 Mockingbird Court, Three Bridges, New Jersey  08887
(Address of Principal Executive Offices)      (Zip Code)

                          (908) 782-9665
         (Issuer's telephone number, including area code)

  Check whether the issuer (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.
                          Yes /X/   No / /

  Check whether the issuer has filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities
under a plan confirmed by a court.
                          Yes /X/   No / /

  As of July 25, 2003, 8,758,443 shares of the registrants Common
Stock and 12,000,000 shares of Class A Common Stock were
outstanding.

Transitional Small Business Format   Yes / /   No /X/












                       ORS AUTOMATION, Inc.


                       INDEX TO FORM 10-QSB
                           June 30, 2003

                                        Page

Part I - Financial Information

  Item 1.Financial Statements:

          Balance Sheet (Unaudited) - June 30, 2003       1

          Statements of Operations (Unaudited) for the Three
          and Six Months Ended June 30, 2003 and 2002.     2

          Statements of Cash Flows (Unaudited) for the Six
          Months Ended June 30, 2003 and 2002.         3

          Notes to Financial Statements.              4,5,6


     Item 2.Management's Discussion and Analysis of
            Financial Condition and Results of Operations. 7,8

     Item 3.Controls and Procedures                  9

Part II - Other Information                      9

     Item 5. Other Information                      9
     Item 6. Exhibits                           10

Signatures                                    11

Exhibits                                      12-15





















                       ORS AUTOMATION, INC.
                      UNAUDITED BALANCE SHEET
                           June 30, 2003

ASSETS

Current Assets:
  Cash                           $ 12,386
                                          --------

          TOTAL ASSETS                12,386
                                          ========

          LIABILITIES AND STOCKHOLDERS' EQUITY


Current Liabilities:
  Accounts payable and accrued expenses          0
                                          --------

Stockholders' Equity:
  Preferred stock                      10,000
  Common stock                         129,584
  Capital in excess of par value          24,914,163
  Accumulated deficit                 (25,041,361)
                                        -----------

          Total Stockholders' Equity         12,386
                                        -----------


     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,386
                                        ===========
















The Notes to Financial Statements are an integral part of these
statements.






                                 1
                       ORS AUTOMATION, INC.
                UNAUDITED STATEMENTS OF OPERATIONS
     FOR THE THREE AND SIX MONTHS ENDING JUNE 30 2003 and 2002

                           Three Months        Six Months
                           Ended June 30          Ended June 30


                           2003     2002     2003     2002

Sales                      0       0       0     $627
Cost of Goods Sold            0       0       0       0
                           -----    -----    -----    -----
  Gross Profit (Loss)         0       0       0     $627

Administrative, Marketing
  and General Expenses        2,185      5,787      8,250
31,521
  (Gain) on Debt Recovery     (16,352)      0   (16,352)
0
                    ---------   -------  --------  -------

Income (Loss) From Operations   14,166   (5,787)   8,102
(30,894)

Other (Income):
  Interest income            (21)    (180)     (54)    (451)
                    ---------  --------   ------   ------

Income (Loss) Before
  Provision for Income Taxes   14,187   (5,607)  8,156
(30,443)

Provision for (Benefit From)
  Income Taxes              0        0       0         0
                    ---------   -------  -------  -------

Net Income (Loss)         $14,187      $(5,607)    $ 8,156
$(30,443)
                    =========   =======  =======  ========

Basic Earnings (Loss)
  Per Share Common Stock   $ 00.0    $ (00.0)    $ 0.00
$(0.00)
                    =========   =======  =======  ========

Common Shares Used in Company
Basic Earnings (Loss) Per
Common Share         20,758,443    20,758,443  20,758,443
20,758,443
                          ===========     ==========  ==========
==========




The Notes to Financial Statements are an integral part of these
statements.







                                 2
                       ORS AUTOMATION, INC.
                UNAUDITED STATEMENTS OF CASH FLOWS
         FOR THE SIX MONTHS ENDING JUNE 30, 2003 AND 2002


                                               2003       2002
                                      ----       ----

Cash Flows From Operating Activities:
  Net Income (Loss)                      $ 8,156   $
(30,443)
  Adjustments to reconcile net income (loss) to
  net cash used in operating activities:

     Prepaid expenses                         0
  1,106
     Accounts payable and accrued expenses      (16,352)
  4,591
                                    --------      ------
--


       Net Cash Used In
          Operating Activities                 (8,196)
       (24,746)
                                    --------      ------
--

Net Decrease in Cash                         (8,196)
(24,746)


Cash at Beginning of the Period                20,582
69,906
                                    --------      ------
--

Cash at End of the Period                   $ 12,386     $
45,160
                                             =========   ========

Supplemental Disclosure of Cash Flow Information:


  Cash paid during the period for:
       Interest                         $ --          $ --
       Income taxes                   $ --          $ --








The Notes to Financial Statements are an integral part of these
statements.










                                 3
                       ORS AUTOMATION, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Note 1. Basis of Presentation

  The unaudited financial statements included herein have been
prepared by
The Company pursuant to the rules and regulations of the
Securities and
Exchange Commission. Accordingly, they do not include all of the
information and
Footnotes required by accounting principles generally accepted in
the United States for complete financial statements. The unaudited
interim financial statements as of June 30, 2003 and 2002 reflect
all adjustments (consisting of normal recurring accruals) which,
in the opinion of management, are considered necessary for a fair
presentation of its financial position as of June 30,2003, and as
of the results of its operations and its cash flows for the three
and six month periods ended June 30, 2003 and 2002 for the periods
covered.

  The Unaudited Statements of Operations for the three month and
six month
periods ended June 30, 2003 and 2002 are not necessarily
indicative of
results for the full year.

  While the Company believes that the disclosures presented are
adequate to
make the information not misleading, these financial statements
should be
read in conjunction with the financial statements and accompanying
notes
included in the Company's Current Report on Form 10-KSB dated
December 31,
2002.

Note 2. Preferred and Common Stock

  The preferred stock of the Company has a par value of $.01 per
share and 1,000,000 shares have been authorized to be issued. All
are issued and outstanding at June 30, 2003. This preferred stock
has no liquidating reference.

  The common stock of the Company has a par value of $.01 per
share and 10,000,000 shares have been authorized to be issued. As
of June 30, 8,943,889 shares are issued and 8,758,443 shares are
outstanding.

The Company also has Class A common stock, which has a par value
of $.0035 per share and 12,000,000 shares have been authorized to
be issued. All are issued and outstanding at June 30, 2003.

Common stock and Class A common stock have the same voting rights.

Note 3. Earnings Per Share

  The Company has adopted Statement of Financial Accounting
Standard No.128 Using, "Earnings Per Share". Basic earnings per
common share is computed using the weighted average of shares
outstanding. Diluted earnings per common share would be computed
using the weighted average number of shares outstanding adjusted
for the incremental shares attributed to other outstanding
options, warrants, etc. to purchase common stock. For the
quarterly period ended June 30, 2003 and 2002, the Company has no
such potential dilutive Securities; hence, only basic loss per
share is presented.

Note 4. Related Party Transaction

On October 3, 2002 J.R.S. Holdings, L.L.C., ("JRS") acquired
12,000,000 shares of Class A Common Stock, representing 100% of
that class;
Note 4 (continued)

1,000,000 shares of Series A Preferred, representing 100% of that
class;
and 576,250 shares of Common Stock, representing 6.6% of that
class, from Affiliated Manufacturers, Inc., ("AMI"). The Class A
Common Stock and the Series A Preferred Stock have the same rights
and preferences as the Common Stock
resulting in JRS now owning 62.4% of the total outstanding stock
of the Company. JRS is currently a limited liability company
organized by James R. Solakian, who serves as CEO and Chief
Financial Officer of the company.

Note 5. Going Concern

  The company's financial statements are prepared in accordance
with generally accepted accounting principals applicable to a
going concern. This contemplates the realization of assets and
the liquidation of liabilities in the normal course of business.
Currently, the Company does not have significant cash or other
material assets, nor does it have operations or a source of
revenue
to cover its administrative costs for a period in excess of one
year and allow it to continue as a going concern.

  The Company neither owns nor leases any real or personal
property. The principal shareholder, who serves as CEO and CFO,
is the only person actively involved in the business affairs of
the Company. Such activities are provided without charge,
other than reimbursement for out-of-pocket expenses.
Such costs are immaterial to the financial statements and
accordingly,
have not been reflected therein. The principal officer and outside
director for the Company are involved in other business activities
and may, in the future, become increasingly involved in other
business
opportunities. If a specific business opportunity becomes
available,
such persons may face a conflict in serving either their own or
the
best interest of the Company. The Company has not formulated a
policy
for the resolution of such conflict, if it were to surface.

  Management is actively involved in exploring business
opportunities which they believe will allow the Company to
increase shareholder's value and allow it to continue as a going
concern. However, at this time the Company is fully dependent on
its principal officer, both with respect to exploring business
opportunities and to provide sufficient working capital advances,
if required, for the Company to continue in existence.

Note 6. Recent Accounting Pronouncements

  In June 2002, the FASB issued SFAS No. 146, "Accounting for
Costs Associated with Exit or Disposal Activities," which
supercedes
Emerging Issues Task Force (EITF) Issue 94-3, "Liability
Recognition
for Certain Employees Termination Benefits and Other Costs to Exit
and Activity (including Certain Costs Incurred in a
Restructuring).
" SFAS No. 146 addresses financial accounting and reporting for
costs associated with exit or disposal activities and requires
that a liability be recognized when it is incurred and should
initially be measured and recorded at fair value. This statement
is effective for exit or disposal activities that are initiated
after December 31, 2002 and management does not expect the
adoption to have an impact on the Company's financial position
or results of operations.

  In November 2002, the FASB issued FASB Interpretation, "FIN,"
No. 45, "Guarantor's Accounting and Disclosure Requirements for
Guarantees, Including Indirect Guarantees of Indebtedness to
Others."
FIN No. 45 addresses the disclosures to be made by a guarantor
in its interim and annual financial statements about its
obligations
under certain guarantees that it has issued.

                                 5

NOTE 6 (continued)

Under FIN No. 45 recognition and initial measurement provisions
are applicable on a prospective basis to guarantees issued or
modified after December 31,2002, irrespective of the guarantor's
fiscal year end. The adoption of FIN No.45 did not have a
significant
impact on the Company's financial position or results or
operations.

  In January 2003, the FASB issued FASB Interpretation "FIN" No.
46, Consolidation of Variable Interest Entities." FIN 46 clarifies
the application of Accounting Research Bulletin No. 51,
"Consolidated Financial Statements," to certain entities in which
certain equity investors do not have the characteristics of
controlling financial interest or do not have sufficient equity at
risk for the entity to finance its activities without additional
financial support from other parties. FIN 46 applies immediately
to variable interest entities (Vies) created after January 31,
2003, and to Vies in which an enterprise obtains an interest after
that date. It applies in the first fiscal year or interim period
beginning after June 15, 2003, to View's in which an enterprise
holds a variable interest that it acquired before February 1,
2003. FIN 46 applies to public enterprises as of the beginning of
the applicable interim or annual period. The adoption of FIN 46 is
not expected to have a material impact on the Company's financial
position, liquidity, or results of operations.











                                6
                      ORS AUTOMATION, INC.

         MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                CONDITION AND RESULTS OF OPERATIONS

Item 2.

GENERAL

  The information contained in Item 2 contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Actual results may materially differ from
those projected in the forward-looking statements as a result of
certain risks and uncertainties set forth in this report. Although
management believes that the assumptions made and expectations
reflected in the forward-looking statements are reasonable, there
is no assurance that the underlying assumptions will, in fact,
prove to be correct or that actual results will not be different
from expectations expressed in this report.

  Effective December 31, 2001, ORS Automation, Inc. ("ORS") ceased
conducting operations. The decision to cease operations was made
prior to the year end after ORS's two principal customers, which
accounted for substantially all of ORS's sales, canceled all
orders for products in the foreseeable future and based upon the
general decline in electronics manufacturing activity.

  Effective January 1, 2002, the principal activity of ORS is to
search for opportunities to maximize the value of ORS tangible
and intangible assets.


RESULTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30,
2003 COMPARED TO THE THREE MONTHS AND SIX ENDED JUNE 31, 2002.

  Since ORS ceased operations on December 31, 2001, there were no
sales for the three and six-month periods ended June 30, 2003.

  The expenses incurred for the three and six month ended June 30,
2003 and 2002, respectively, related to accounting, legal and
public
company expenses needed to continue ORS existence while ORS
attempted
to seek opportunities to maximize the value of its tangible and
intangible assets. The expenses for the quarter and six months
ended June 30, 2003 also reflected payments required to meet
contractual
employee severance obligations to provide healthcare insurance
coverage,
which expired on December 31, 2002. The second quarter realized a
gain
on the removal of an early lease termination reserve provision of
$16,352 established during 2001.

  The Company does not expect to generate any sales or to incur
any significant operating expenses unless and until such time the
Company begins or acquires meaningful operations.



                                 7
LIQUIDITY AND CAPITAL RESOURCES

  ORS determined that its available cash flow would only allow it
to continue operations until December 31, 2001, unless it was able
to generate new sales of its products and services prior to
December 31, 2001. ORS was unable to generate new sales.
In addition, ORS was unable to obtain capital from other sources,
such as financial institutions or investors. Thus, effective
December 31, 2001, ORS ceased its operations.

  At June 30, 2003, the Company had working capital of $12,386.

  It is the intent of management, through the assistance of its
principal shareholder, to make made cash advances, in order to
support and
preserve the integrity of the corporate entity. However, there is
no legal
obligation on the part of the principal shareholder to provide the
funding,
if required. Should the principal officer fail to provide funding,
the Company has not identified any other potential sources.
Consequently,
there is substantial doubt about the Company's ability to continue
to
operate as a going concern.

  The Company's need for capital may change dramatically as a
result of any business acquisition or combination transaction.
There can be no assurance that the Company will identify any
suitable
business, product, technology or opportunity in the future.
Further,
even if the Company locates a suitable target, there can be no
assurance
that the Company would be successful in consummating any
acquisition
or business consolidation on favorable terms or that it will be
able
to profitably manage the business, product, or technology, if
acquired
or otherwise engaged.

  The Company intends to locate or combine with an existing,
privately held company, which is profitable or whose business
model holds
promise of future profitability. A combination may be structured
as a
merger,
reverse merger, consolidation, exchange of the Company's stock for
stock or
assets
or any other transaction form which will result in the combined
enterprise's
becoming a publicly-held corporation.

  Pending negotiation and consummation of a combination, the
Company
expects
that it will have, apart from its search for a combination
partner, no
business
activities or revenue in the future. Should the Company incur any
significant
liabilities prior to effecting a business combination, it may not
be able
to
satisfy such liabilities as incurred.

Due to the aforementioned limited financial resources, the Company
will be
unable to engage any financial experts or business advisors to
evaluate
combination proposals or acquisition candidates. It will be
necessary
for the Company to rely completely in it sole officer and
director.
Management intends to ask pertinent questions of the proposed
candidates or
opportunities in the course of its diligence phase. Management
will rely
heavily on a business plan, financial statements and projections,
and
management's views of the future. It will not devote a substantial
amount
of time to independently verify, via market research and other
business
evaluation techniques, much of the information obtained from
interviews
with the combination partner. Unless something comes to the
attention
which causes the Company to have serious concerns on the viability
or
integrity of the financial records and business projections, which
would
result
in a disqualification of such candidate, a transaction would be
approved by
the majority shareholder and an Information Statement mailed to
all of its
shareholder's as required by law.

                                 8

Item 3. Controls and Procedures

Evaluation of Directors Controls and Procedures

  Our management under the supervision and with the participation
of our chief executive officer/chief financial officer conducted
an
evaluation
of our disclosure controls and procedures as defined in Securities
Exchange
Act of 1934(the "Exchange Act"), Rules 13a-14c, within 90 days of
the
filing
date of this Quarterly Report on Form 10-QSB (the 'Evaluation
Date"). Based
on
this evaluation, our Chief Executive Officer/Chief Financial
Officer has
concluded that as of the Evaluation Date, the disclosure controls
and
procedures are
effective to ensure that all material information required to file
in this
Quarterly Report on Form 10QSB has been made known in a timely
fashion.

Changes in Internal Controls

There have been no significant changes (including corrective
actions with
regard to significant deficiencies or material weaknesses) in our
internal
controls or in other factors that could significantly affect these
controls
subsequent to the Evaluation Date set forth above.



     PART II - OTHER INFORMATION

Item 5.

Other Information

J.R.S. Holdings, L.L.C., a limited liability company organized
under the
State of New Jersey ("JRS"), acquired 12,000,000 shares of Class A
Common
Stock,
representing 100% of that class; 1,000,000 shares of Series A
Preferred,
representing 100% of that class; and 576,250 shares of Common
Stock,
representing 6.6% of that class, from Affiliated Manufacturers,
Inc.,
("AMI"), a New Jersey Corporation on October 3, 2002. The Class A
Common
Stock and the Series A Preferred Stock have the same rights and
preferences
as the Common Stock resulting in JRS now owning 62.4% of the total
outstanding
stock of the Company. James R. Solakian is the sole member of JRS.

On October 3, 2002, two new directors, James R. Solakian, and
Conrad R.
Huss
have been appointed to the Company's Board of Directors. These two
individuals
constitute a new Board of Directors, following the resignation of
Edward
Kornstein,
the sole director of the Company. James R. Solakian has been
elected
Chairman of the Board, Chief Executive Officer and Treasurer.

Edward Kornstein resigned as director and President of the Company
effective
October 3, 2002. In his resignation, Mr. Kornstein did not state
any
disagreements
with the Company on any matter relating to the Company's
operations,
policies or practices.







                                 9


Item 6.

Exhibits and reports on Form 8-K and Form 8-KA


       (a) Exhibits. Certificate of Incorporation and other
       corporate documents are incorporated herein by reference to
       exhibits of previous reports filed with the Commission.


       (b) Reports on Form 8-K and Form 8-KA. NONE


99.1 Certification Pursuant To U.S.C. Section 1350 As Adopted
Pursuant to Section 906 Of The Sarbanes-Oxley Act of 2002.


















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                                10

                            SIGNATURES

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




                                             ORS AUTOMATION, INC.
                                                (Registrant)



Date: August 12, 2003                      By: /s/ James R.
Solakian
                                                   James R.
Solakian,
                                                   Chief Executive
Officer







































                                11