UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                For the quarterly period ended December 31, 2007

                                       or

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

          For the transition period from _____________ to _____________

                        Commission File Number 333-145142


                                SIMPLE TECH, INC.
             (Exact name of registrant as specified in its charter)

             Nevada                                      98-0514037
  (State or other jurisdiction              (I.R.S. Employer Identification No.)
of incorporation or organization)

  50/8 Tel Chai St., Ashdod, Israel                          77510
(Address of principal executive offices)                  (Zip Code)

                          Telephone: +972 (50) 455-5138
                               Fax: (866) 3718253
              (Registrant's telephone number, including area code)

                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)

Indicate by check mark whether the registrant (l) 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 [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer or a non-accelerated filer. See definition of "accelerated
filer and large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check
one):

Large accelerated filer [ ]   Accelerated filer [ ]   Non-accelerated filer [X]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

There were 6,380,800 shares of common stock, $0.0001 par value per share,
outstanding on February 12, 2008.
<PAGE>
For purposes of this Quarterly Report, references to the "Company," "we," "us,"
and "our" mean Simple Tech, Inc.

                           FORWARD-LOOKING STATEMENTS

This Quarterly Report contains "forward-looking statements." All statements
other than statements of historical fact are "forward-looking statements."
Forward-looking statements may include the words "may," "will," "estimate,"
"intend," "continue," "believe," "expect," "plan," or "anticipate" and other
similar words. Such forward-looking statements may be contained in "Management's
Discussion and Analysis or Plan of Operations" among other places.

Although we believe the expectations reflected in our forward-looking statements
are reasonable, actual results could differ materially from those projected or
assumed in our forward-looking statements. Our future financial condition and
results of operations, as well as any forward-looking statements, are subject to
change and are subject to inherent risks and uncertainties, such as those
disclosed in this Quarterly Report. Each forward-looking statement speaks only
as of the date of the particular statement.

                                       2
<PAGE>
                                      INDEX

                                SIMPLE TECH, INC.

                                                                            Page
                                                                            ----
PART I. FINANCIAL INFORMATION

Item 1.  Financial Statements                                                 4

Item 2.  Management's Discussion and Analysis or Plan of Operation           11

Item 3.  Controls and Procedures                                             12

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings                                                   13

Item 1A. Risk Factors                                                        13

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds         13

Item 3.  Defaults Upon Senior Securities                                     13

Item 4.  Submission of Matters to a Vote of Security Holders                 13

Item 5.  Other Information                                                   13

Item 6.  Exhibits                                                            13

Signatures                                                                   14

                                       3
<PAGE>
                         PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                                Simple Tech, Inc.
                          (A Development Stage Company)

                                  Balance Sheet
                                   (unaudited)

                                                                   December 31,
                                                                       2007
                                                                     --------
ASSETS

Current Assets
  Cash                                                               $ 32,551
                                                                     --------

      Total Assets                                                   $ 32,551
                                                                     ========

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities
                                                                     $     --
                                                                     --------
      Total Liabilities                                              $     --
                                                                     --------
Stockholders' Equity (Note 4, 5)
  Preferred Stock, authorized 50,000,000 shares,
    par value $0.0001
  Common Stock, authorized 150,000,000 shares,
    par value $0.0001
  Issued and outstanding:
    6,380,800 common shares                                               638
  Additional paid-in capital                                           68,902
  Deficit accumulated during the development stage                    (36,989)
                                                                     --------

      Total Stockholders' Equity                                       32,551
                                                                     --------

Total Liabilities and Stockholders' Equity                           $ 32,551
                                                                     ========

         The accompanying notes are an integral part of these statements

                                       4
<PAGE>
                                Simple Tech, Inc.
                          (A Development Stage Company)

                            Statements of Operations
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                                          Cumulative Amounts
                                                                                             From Date of
                                                   Three Months          Six Months        Incorporation on
                                                      Ended                Ended          November 16, 2006 to
                                                    December 31,         December 31,         December 31,
                                                       2007                 2007                 2007
                                                    ----------           ----------           ----------
<S>                                                 <C>                  <C>                  <C>
REVENUE                                             $       --           $       --           $       --

OPERATING EXPENSES
  General and Administrative                               484                  484                  706
  Organizational Costs                                      --                   --                  640
  Professional Fees                                      1,168               26,168               29,220
  Consulting                                             4,000                4,000                5,000
  Filing Fees                                              201                  891                1,134
                                                    ----------           ----------           ----------

      Total Expenses                                     5,853               31,543               36,700
                                                    ----------           ----------           ----------

Loss from operations                                $   (5,853)          $  (31,543)          $  (36,700)
                                                    ==========           ==========           ==========

Interest income                                            214                  585                1,254
Foreign Exchange Diff                                       --                   --               (1,543)

Loss before income taxes                                (5,639)             (30,958)             (36,989)

Provision for income taxes                                  --                   --                   --
                                                    ----------           ----------           ----------

Net loss                                            $   (5,639)          $  (30,958)          $  (36,989)
                                                    ==========           ==========           ==========

Basic and Diluted (Loss) per Share                           a                    a                    a
                                                    ----------           ----------           ----------

Weighted Average Number of Shares (Note 4)           6,101,652            6,101,652            6,101,652
                                                    ----------           ----------           ----------
</TABLE>

----------
a = Less than ($0.01) per share

         The accompanying notes are an integral part of these statements

                                       5
<PAGE>
                                Simple Tech, Inc.
                          (A Development Stage Company)

                        Statement of Stockholders' Equity
               November 16, 2006 (Inception) to December 31, 2007
                                   (unaudited)

<TABLE>
<CAPTION>
                                                   Common Stock
                                               --------------------        Paid in     Accumulated        Total
                                               Shares        Amount        Capital       Deficit          Equity
                                               ------        ------        -------       -------          ------
<S>                                          <C>             <C>          <C>           <C>             <C>
INCEPTION NOVEMBER 16, 2006                         --       $   --       $     --      $      --       $      --

Common Shares issued to
 director for cash November 16, 2006         5,000,000          500             --                            500

Private placement closed June 28, 2007       1,380,800          138         68,902                         69,040

Net loss for the year                                                                      (6,031)         (6,031)
                                            ----------       ------       --------      ---------       ---------
BALANCE, JUNE 30, 2007                       6,380,800          638         68,902         (6,031)         63,509

Net loss for the period                             --           --             --        (30,958)        (30,958)
                                            ----------       ------       --------      ---------       ---------

BALANCE, DECEMBER 31, 2007                   6,380,800       $  638       $ 68,902      $ (36,989)      $  32,551
                                            ==========       ======       ========      =========       =========
</TABLE>

         The accompanying notes are an integral part of these statements

                                       6
<PAGE>
                                Simple Tech, Inc.
                          (A Development Stage Company)

                            Statements of Cash Flows
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                                        Cumulative Amounts
                                                                                           From Date of
                                                     Three Months        Six Months      Incorporation on
                                                        Ended              Ended        November 16, 2006 to
                                                      December 31,       December 31,       December 31,
                                                         2007               2007               2007
                                                       --------           --------           --------
<S>                                                 <C>                  <C>                  <C>
Operating Activities
  Net (Loss) for the period                            $ (5,639)          $(30,958)          $(36,989)

Net Cash (Used) by Operating Activities                  (5,639)           (30,958)           (36,989)
                                                       --------           --------           --------
Financing Activities
  Proceeds from sale of Common Stock                         --                 --             69,540
                                                       --------           --------           --------
Cash Provided by Financing Activities                        --                 --             69,540
                                                       --------           --------           --------

Net Increase in Cash                                     (5,639)           (30,958)            32,551
Cash, Beginning of Period                                38,190             63,509                 --
                                                       --------           --------           --------
Cash, End of Period                                    $ 32,551           $ 32,551           $ 32,551
                                                       ========           ========           ========

Supplemental disclosure with respect to cash flows:
  Cash paid for income taxes                           $     --           $     --           $     --
  Cash paid for interest                               $     --           $     --           $     --
</TABLE>


         The accompanying notes are an integral part of these statements

                                       7
<PAGE>
                                SIMPLE TECH, INC.
                          (A Development Stage Company)

                     NOTES TO UNAUDITED FINANCIAL STATEMENTS
                               (DECEMBER 31, 2007)


NOTE 1. GENERAL ORGANIZATION AND BUSINESS

Simple Tech, Inc, (A Development Stage Company) was incorporated on November 16,
2006 under the laws of the State of Nevada. It has no operations and in
accordance with SFAS #7 is considered to be in the development stage.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES

The Company's only significant asset at December 31, 2007 is cash. The relevant
accounting policies and procedures are listed below. The company has adopted a
June 30 year end.

ACCOUNTING BASIS

These financial statements are prepared on the accrual basis of accounting in
conformity with accounting principles generally accepted in the United States of
America.

MANAGEMENT CERTIFICATION

The financial statements herein are certified by the officers of the Company to
present fairly, in all material respects, the financial position, results of
operations and cash flows for the periods presented in conformity with
accounting principles generally accepted in the United States of America,
consistently applied.

CASH AND CASH EQUIVALENTS

For the purpose of the statement of cash flows, cash equivalents include all
highly liquid investments with maturity of three months or less.

EARNINGS (LOSS) PER SHARE

The basic earnings (loss) per share are calculated by dividing the Company's net
income available to common shareholders by the weighted average number of common
shares outstanding during the year. The diluted earnings (loss) per share are
calculated by dividing the Company's net income (loss) available to common
shareholders by the diluted weighted average number of shares outstanding during
the year. The diluted weighted average number of shares outstanding is the basic
weighted number of shares adjusted as of the first of the year for any
potentially dilutive debt or equity. There are no diluted shares outstanding.

DIVIDENDS

The Company has not adopted any policy regarding payment of dividends. No
dividends have been paid during the period shown.

INCOME TAXES

The Company provides for income taxes under Statement of Financial Accounting
Standards NO. 109, "Accounting for Income Taxes." SFAS No. 109 requires the use
of an asset and liability approach in accounting for income taxes.

SFAS No. 109 requires the reduction of deferred tax assets by a valuation
allowance if, based on the weight of available evidence, it is more likely than
not that some or all of the deferred tax assets will not be realized. No
provision for income taxes is included in the statement due to its immaterial

                                       8
<PAGE>
amount, net of the allowance account, based on the likelihood of the Company to
utilize the loss carry-forward

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenue and expenses during
the reporting period. Actual results could differ from those estimates.

NET INCOME PER COMMON SHARE

Net income (loss) per common share is computed based on the weighted average
number of common shares outstanding and common stock equivalents, if not
anti-dilutive. The Company has not issued any potentially dilutive common
shares.

REVENUE AND COST RECOGNITION

The Company has no current source of revenue; therefore the Company has not yet
adopted any policy regarding the recognition of revenue or cost.

NOTE 3. INCOME TAXES

Income taxes are provided in accordance with Statement of Financial accounting
Standards No. 109 (SFAS 109), Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carry forwards. Deferred tax expense (benefit)
results from the net change during the year of deferred tax assets and
liabilities.
Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion of all of the deferred
tax assets will be realized. Deferred tax assets and liabilities are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

NOTE 4. STOCKHOLDERS' EQUITY AUTHORIZED

The Company is authorized to issue 150,000,000 shares of $0.0001 par value
common stock and 50,000,000 shares of preferred stock, par value $0.0001 per
share. All common stock shares have equal voting rights, are non-assessable and
have one vote per share. Voting rights are not cumulative and, therefore, the
holders of more than 50% of the common stock could, if they choose to do so,
elect all of the directors of the Company.

ISSUED AND OUTSTANDING

On November 16, 2006 (inception), the Company issued 5,000,000 shares of its
common stock to its Directors for cash of $500. See Note 5.

Between November 16, 2006 (inception) and June 28, 2007, the Company accepted
subscriptions for 1,380,800 common shares from 35 investors under a private
placement. The private placement was not subject to any minimum investment and
was priced at $0.05 per share.

As of December 31, 2007 the Company had 6,380,800 shares of common stock issued
and outstanding.

NOTE 5. RELATED PARTY TRANSACTIONS

The Company's neither owns nor leases any real or personal property. The
Company's Directors provide office space free of charge. The officers and
directors of the Company are involved in other business activities and may, in
the future, become involved in other business opportunities. If a specific
business opportunity becomes available, such persons may face a conflict in

                                       9
<PAGE>
selecting between the Company and their other business interests. The Company
has not formulated a policy for the resolution of such conflicts.

On November 16, 2006 (inception), the Company issued 5,000,000 shares of its
common stock to its Directors for cash of $500. See Note 4.

NOTE 6. GOING CONCERN

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. The Company has net losses for the
period from inception to December 31, 2007 of $36,989. This condition raises
substantial doubt about the Company's ability to continue as a going concern.
The Company's continuation as a going concern is dependent on its ability to
meet its obligations, to obtain additional financing as may be required and
ultimately to attain profitability. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.

NOTE 7. NET OPERATING LOSSES

As of December 31, 2007, the Company has a net operating loss carry forward of
approximately $36,989, which will expire 20 years from the date the loss was
incurred.

NOTE 8. OPERATING LEASES AND OTHER COMMITMENTS:

The Company currently has no operating lease commitments or any other
commitments.

                                       10
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Simple Tech, Inc. (referred to in this Quarterly Report as "Simple Tech", "us",
"we" and "our") was incorporated on November 16, 2006, in the State of Nevada.
Our principal executive offices are located at 50/8 Tel Chai St., Ashdod 77510,
Israel. Our telephone number is (011) (972) 50-455-5138. We are a development
stage company with limited operations and no revenues from our business
operations. Our auditors have issued a going concern opinion. This means that
our auditors believe there is substantial doubt that we can continue as an
on-going business for the next twelve months. We do not anticipate that we will
generate significant revenues until we have completed the development of our
proposed website and attract independent computer technicians. We intend to
generate revenues by charging a commission of 25% on services sold on our
website.

PLAN OF OPERATION

The following discussion of the plan of operation, financial condition, results
of operations, cash flows and changes in our financial position should be read
in conjunction with our most recent financial statements and notes appearing
elsewhere in this Form 10-QSB; and our SB-2 filed on August 6, 2007.

Over the next twelve months, we intend to focus on developing our proposed
website and initiating our efforts to market our website to independent computer
technicians who would be interested in offering their services to end-users. We
expect to complete the development of our website by first fiscal quarter of
2008. We anticipate that the completion cost of our website development will
approach $30,000 this will be mostly for the development and implementation of
the billing and quality assurance modules in our website software. We anticipate
that our website will be fully operational by the first fiscal quarter of 2008.
We anticipate achieving revenue by second fiscal quarter of 2008.

Our business objectives are:

     -    To be a leading provider of online computer maintenance and
          troubleshooting assistance.
     -    To execute our marketing plan.

Our goals over the next 12 months are:

     -    To attract and retain 10 independent computer technicians
     -    To drive traffic to our website and achieve 100 visitors per day.
     -    To achieve revenue by the second quarter of 2008.

RESULTS OF OPERATIONS

Our company posted losses of $5,639 for the second quarter ended December 31,
2007. Comparisons are not meaningful as our company was incorporated on November
16, 2006. From inception to December 31, 2007 we have incurred losses of
$36,989. The principal component of our losses for the three months ended
December 31, 2007 included professional fees of $29,220, consulting fees of
5,000, filing fees of $1,134, general and administrative costs of $706 and
organizational costs of $640.

As of the date of this report, our net cash balance is approximately $32,551.
Cash on hand is currently our only source of liquidity. We do not have any
lending arrangements in place with banking or financial institutions and we do
not anticipate that we will be able to secure these funding arrangements in the
near future.

Since inception, we have sold 6,380,800 shares of common stock to our
stockholders.

LIQUIDITY AND CAPITAL RESOURCES

At December 31, 2007, we had working capital of $32,551, compared to $63,501 at
June 30, 2007. At December 31, 2007, our total assets consisted of cash of
$32,551, compared to cash of $63,501 at June 30, 2007.

                                       11
<PAGE>
We used approximately $28,052 to pay for professional and other fees related to
our SB-2 registration statement.

How long we will be able to satisfy our cash requirements depends on how quickly
our company can generate revenue and how much revenue can be generated. Although
there can be no assurance at present, we plan to be in a position to generate
revenues by 2008. We must generate at least $30,000 in net revenues in order to
fund all expenditures under our 12-month plan of operation. Net revenue is
defined as gross revenue net of any direct costs that were necessary to produce
the revenue, such as subcontractors, travel and other direct costs attributable
to the project that we have to pay for.

If we fail to generate sufficient net revenues, we will need to raise additional
capital to continue our operations thereafter. We cannot guarantee that
additional funding will be available on favorable terms, if at all. Any further
shortfall will affect our ability to expand or even continue our operations. We
cannot guarantee that additional funding will be available on favorable terms,
if at all.

GOING CONCERN CONSIDERATION

Our independent auditors included an explanatory paragraph in their report on
the accompanying financial statements regarding concerns about our ability to
continue as a going concern. Our financial statements contain additional note
disclosures describing the circumstances that lead to this disclosure by our
independent auditors.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

ITEM 3. CONTROLS AND PROCEDURES

(A) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

As of the end of the period covered by this Report, we carried out an
evaluation, under the supervision and with the participation of the Company's
Principal Executive Officer and the Principal Accounting Officer, of the
effectiveness of the design and operation of the Company's disclosure controls
and procedures. The Company's disclosure controls and procedures are designed to
produce a reasonable level of assurance of achieving the Company's disclosure
control objectives. The Company's Principal Executive Officer and Principal
Accounting Officer have concluded that the Company's disclosure controls and
procedures were, in fact, adequate and effective to ensure that material
information relating to the Company that is required to be disclosed by the
Company in reports that it files or submits under the Securities Exchange Act of
1934, as amended, is recorded, processed, summarized, and reported within the
time periods specified in rules of the U. S. Securities and Exchange Commission
(the "Commission"), and accumulated and communicated to the Company's
management, including its Principal Executive Officer and Principal Accounting
Officer, to allow timely decisions regarding required disclosure.

(B) CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING

In connection with the evaluation of the Company's internal controls during the
Company's last fiscal quarter, the Company`s Principal Executive Officer and
Principal Accounting Officer have determined that there are no changes to the
Company's internal controls over financial reporting that has materially
affected, or is reasonably likely to materially effect, the Company's internal
controls over financial reporting.

                                       12
<PAGE>
                           PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We know of no existing or pending legal proceedings against us, nor are we
involved as a plaintiff in any proceeding or pending litigation. There are no
proceedings in which any of our directors, officers or any of their respective
affiliates, or any beneficial shareholder, is an adverse party or has a material
interest adverse to our interest.

ITEM 1A. RISK FACTORS

We incorporate by reference the risk factors set forth in our Registration
Statement on Form SB-2, filed on August 6, 2007. We know of no changes that
would impact the content of the risk factors disclosed therein.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITES

None.

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

None.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

 Exhibit
 Number                          Exhibit Description
 ------                          -------------------
  3.1      Certificate of Incorporation of the Company incorporated herein from
           Exhibit 3.1 of our Registration Statement of Form SB-2, filed on
           August 6, 2007, file number 333-145142.
  3.2      Bylaws of Company incorporated herein from Exhibit 3.2 of our
           Registration Statement of Form SB-2, filed on August 6, 2007, file
           number 333-145142.
  31.1     Rule 13a-14(a)/15d-14(a) Certification of Principal Executive
           Officer *
  31.2     Rule 13a-14(a)/15d-14(a) Certification of Principal Financial
           Officer *
  32.1     Section 1350 Certification of Principal Executive Officer *
  32.2     Section 1350 Certification of Principal Financial Officer *

----------
*  Filed herewith.

                                       13
<PAGE>
                                   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 thereunto duly authorized.

                                     SIMPLE TECH, INC.


February 12, 2008                    By: /s/ Moshe Danino
                                        ---------------------------------------
                                        Moshe Danino
                                        Chief Executive Officer


February 12, 2008                    By: /s/ Aviad Krief
                                        ---------------------------------------
                                        Aviad Krief
                                        Principal Financial Officer

                                       14