|   |                                                                                    |
|--------|-----------------------------------------------------------------------------------------|
| x      | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|   | For the quarterly period ended March 31, 2011.                                          |

|   |                                                                                     |
|--------|------------------------------------------------------------------------------------------|
|  ̈ | Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
|   | For the transition period from  to.                                            |

|                            |   |                |
|---------------------------------|--------|---------------------|
| Nevada                          |   | 20-1970137          |
| (State or Other Jurisdiction of |   | (I.R.S. Employer    |
| Incorporation or Organization)  |   | Identification No.) |

| Large Accelerated Filer  ̈ | Accelerated Filer  ̈ | Non-Accelerated Filer  ̈ | Smaller Reporting Company x |
|--------------------------------|--------------------------|------------------------------|-----------------------------|

----

| PART I. FINANCIAL INFORMATION |                                                                                        |   |
|-------------------------------|---------------------------------------------------------------------------------------------|--------|
| Item 1.                       | Consolidated Financial Statements                                                           |   | 1 |
| Item 2.                       | Management’s Discussion and Analysis of Financial Condition and Results of Operations |   | 14 |
| Item 3.                       | Quantitative and Qualitative Disclosures About Market Risk                                  |   | 18 |
| Item 4.                       | Controls and Procedures                                                                     |   | 18 |
| PART II. OTHER INFORMATION    |                                                                                        |   |
| Item 1.                       | Legal Proceedings                                                                           |   | 19 |
| Item 1A.                      | Risk Factors                                                                                |   | 19 |
| Item 2.                       | Unregistered Sales of Equity Securities and Use of Proceeds                                 |   | 19 |
| Item 3.                       | Defaults Upon Senior Securities                                                             |   | 19 |
| Item 4.                       | Removed and reserved                                                                        |   | 19 |
| Item 5.                       | Other Information                                                                           |   | 19 |
| Item 6.                       | Exhibits                                                                                    |   | 19 |

----

| Item 1. Consolidated Financial Statements                            |   |
|----------------------------------------------------------------------|--------|
|                                                                 |   |
| Condensed Consolidated Balance Sheets                                | 4      |
|                                                                 |   |
| Condensed Consolidated Statements of Income and Comprehensive Income | 5      |
|                                                                 |   |
| Condensed Consolidated Statements of Cash Flows                      | 6      |
|                                                                 |   |
| Notes to Condensed Consolidated Financial Statements                 | 7      |

----

|                                                                                                                                                                                                                                                                    |   | March 31, 2011 |   |   | December 31, 2010 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------|--------|--------|-----------------------------|--------|
|                                                                                                                                                                                                                                                                    |   | (Unaudited)              |   |   |                        |   |
| ASSETS                                                                                                                                                                                                                                                                  |   |                     |   |   |                        |   |
| Current assets                                                                                                                                                                                                                                                          |   |                     |   |   |                        |   |
| Cash and cash equivalents                                                                                                                                                                                                                                               |   | $                        | 5,003  |   |                        | $      | 7,519 |   |
| Accounts receivable, less allowance of doubtful accounts of $2,155 and $2,040, respectively                                                                                                                                                                             |   |                     | 35,166 |   |                        |   | 34,558 |   |
| Other receivables, prepayments and deposits, less allowance for doubtful accounts of $135 and $134, respectively                                                                                                                                                        |   |                     | 6,242  |   |                        |   | 3,610 |   |
| Inventories                                                                                                                                                                                                                                                             |   |                     | 7,080  |   |                        |   | 5,780 |   |
| Deferred tax assets                                                                                                                                                                                                                                                     |   |                     | 420    |   |                        |   | 413 |   |
| Total current assets                                                                                                                                                                                                                                                    |   |                     | 53,911 |   |                        |   | 51,880 |   |
|                                                                                                                                                                                                                                                                    |   |                     |   |   |                        |   |   |   |
| Non-current assets                                                                                                                                                                                                                                                      |   |                     |   |   |                        |   |   |   |
| Property, plant and equipment, net                                                                                                                                                                                                                                      |   |                     | 2,158  |   |                        |   | 1,854 |   |
| Intangible assets, net                                                                                                                                                                                                                                                  |   |                     | 16,651 |   |                        |   | 17,448 |   |
| Long-term investment                                                                                                                                                                                                                                                    |   |                     | 1,814  |   |                        |   | 1,797 |   |
| Goodwill                                                                                                                                                                                                                                                                |   |                     | 3,239  |   |                        |   | 3,209 |   |
| Total assets                                                                                                                                                                                                                                                            |   | $                        | 77,773 |   |                        | $      | 76,188 |   |
|                                                                                                                                                                                                                                                                    |   |                     |   |   |                        |   |   |   |
| LIABILITIES AND EQUITY                                                                                                                                                                                                                                                  |   |                     |   |   |                        |   |   |   |
| Current liabilities                                                                                                                                                                                                                                                     |   |                     |   |   |                        |   |   |   |
| Accounts payable                                                                                                                                                                                                                                                        |   | $                        | 4,450  |   |                        | $      | 4,122 |   |
| Accruals and other payable                                                                                                                                                                                                                                              |   |                     | 1,595  |   |                        |   | 1,890 |   |
| Income tax payable                                                                                                                                                                                                                                                      |   |                     | 1,687  |   |                        |   | 1,610 |   |
| Deferred tax                                                                                                                                                                                                                                                            |   |                     | 261    |   |                        |   | 259 |   |
| Loan from a stockholder                                                                                                                                                                                                                                                 |   |                     | 157    |   |                        |   | 262 |   |
| Total current liabilities                                                                                                                                                                                                                                               |   |                     | 8,150  |   |                        |   | 8,143 |   |
|                                                                                                                                                                                                                                                                    |   |                     |   |   |                        |   |   |   |
| Non-current liabilities                                                                                                                                                                                                                                                 |   |                     |   |   |                        |   |   |   |
| Deferred tax liabilities                                                                                                                                                                                                                                                |   |                     | 909    |   |                        |   | 965 |   |
|                                                                                                                                                                                                                                                                    |   |                     |   |   |                        |   |   |   |
| Total liabilities                                                                                                                                                                                                                                                       |   |                     | 9,059  |   |                        |   | 9,108 |   |
|                                                                                                                                                                                                                                                                    |   |                     |   |   |                        |   |   |   |
| Commitments and contingencies                                                                                                                                                                                                                                           |   |                     | -      |   |                        |   | - |   |
| Equity                                                                                                                                                                                                                                                                  |   |                     |   |   |                        |   |   |   |
| Common stock, ($0.001 par value; 75,000,000 shares authorized; 20,362,209 and 20,350,167 shares issued as of March 31, 2011 and December 31, 2010, respectively; 20,354,209 and 20,347,167 shares outstanding as of March 31, 2011 and December 31, 2010, respectively) |   |                     | 20     |   |                        |   | 20 |   |
| Treasury stock, at cost (8,000 shares and 3,000 share as of March 31, 2011 and December 31, 2010, respectively)                                                                                                                                                    |   |                     | (32    | )      |                        |   | (12 | ) |
| Additional paid-in capital                                                                                                                                                                                                                                              |   |                     | 22,622 |   |                        |   | 22,502 |   |
| Statutory and other reserves                                                                                                                                                                                                                                            |   |                     | 3,590  |   |                        |   | 3,590 |   |
| Retained earnings                                                                                                                                                                                                                                                       |   |                     | 29,892 |   |                        |   | 28,948 |   |
| Accumulated other comprehensive income                                                                                                                                                                                                                                  |   |                     | 4,816  |   |                        |   | 4,299 |   |
| Total Company’s stockholders' equity                                                                                                                                                                                                                              |   |                     | 60,908 |   |                        |   | 59,347 |   |
| Noncontrolling interest                                                                                                                                                                                                                                                 |   |                     | 7,806  |   |                        |   | 7,733 |   |
| Total equity                                                                                                                                                                                                                                                            |   |                     | 68,714 |   |                        |   | 67,080 |   |
|                                                                                                                                                                                                                                                                    |   |                     |   |   |                        |   |   |   |
| Total liabilities and equity                                                                                                                                                                                                                                            |   | $                        | 77,773 |   |                        | $      | 76,188 |   |

----

|                                                                  |   | Three Months EndedMarch 31, |       |
|-----------------------------------------------------------------------|--------|--------------------------------------------|------------|
|                                                                  |   | 2011                                       |       |   | 2010 |   |
|                                                                  |   | (Unaudited)                                |       |   | (Unaudited) |   |
|                                                                  |   |                                       |       |   |   |   |
| Sales                                                                 |   | $                                          | 7,542      |   |   | $ | 5,120 |   |
| Cost of sales                                                         |   |                                       | 3,608      |   |   |   | 2,480 |   |
| Gross profit                                                          |   |                                       | 3,934      |   |   |   | 2,640 |   |
|                                                                  |   |                                       |       |   |   |   |   |   |
| Operating expenses                                                    |   |                                       |       |   |   |   |   |   |
| Selling, general and administrative expenses                          |   |                                       | 2,581      |   |   |   | 954 |   |
| Research and development costs                                        |   |                                       | 739        |   |   |   | 733 |   |
|                                                                  |   |                                       | 3,320      |   |   |   | 1,687 |   |
|                                                                  |   |                                       |       |   |   |   |   |   |
| Income from operations                                                |   |                                       | 614        |   |   |   | 953 |   |
|                                                                  |   |                                       |       |   |   |   |   |   |
| Other income (expenses)                                               |   |                                       |       |   |   |   |   |   |
| Subsidy income                                                        |   |                                       | 398        |   |   |   | 309 |   |
| Interest income                                                       |   |                                       | 32         |   |   |   | 23 |   |
| Interest expense                                                      |   |                                       | -          |   |   |   | (2 | ) |
| Other expense                                                         |   |                                       | (1         | ) |   |   | (46 | )  |
|                                                                  |   |                                       | 429        |   |   |   | 284 |   |
|                                                                  |   |                                       |       |   |   |   |   |   |
| Income before income taxes                                            |   |                                       | 1,043      |   |   |   | 1,237 |   |
| Income tax expense                                                    |   |                                       | 99         |   |   |   | 216 |   |
|                                                                  |   |                                       |       |   |   |   |   |   |
| Net income                                                            |   |                                       | 944        |   |   |   | 1,021 |   |
| Less: Net income attributable to noncontrolling interest              |   |                                       | -          |   |   |   | - |   |
| Net income attributable to the Company’s stockholders           |   |                                       | 944        |   |   |   | 1,021 |   |
| Foreign currency translation adjustment                               |   |                                       | 590        |   |   |   | 18 |   |
| Comprehensive income                                                  |   | $                                          | 1,534      |   |   | $ | 1,039 |   |
| Comprehensive income attributable to noncontrolling interest          |   |                                       | 73         |   |   |   | 18 |   |
| Comprehensive income attributable to the Company’s stockholders |   |                                       | 1,461      |   |   |   | 1,021 |   |
| Basic earnings per share                                              |   | $                                          | 0.05       |   |   | $ | 0.06 |   |
| Diluted earnings per share                                            |   | $                                          | 0.05       |   |   | $ | 0.05 |   |
| Weighted average common shares outstanding                            |   |                                       |       |   |   |   |   |   |
| Basic                                                                 |   |                                       | 20,353,270 |   |   |   | 17,049,000 |   |
| Diluted                                                               |   |                                       | 20,549,905 |   |   |   | 18,862,295 |   |

----

|                                                                                        |   | Three Months Ended March 31, |   |
|---------------------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|
|                                                                                        |   | 2011                                             |   |   | 2010 |   |
|                                                                                        |   | (Unaudited)                                      |   |   | (Unaudited) |   |
| Cash flows from operating activities                                                        |   |                                             |   |   |   |   |
| Net income                                                                                  |   | $                                                | 944    |   |   | $ | 1,021 |   |
| Adjustments to reconcile net income to net cash (used in) provided by operating activities: |   |                                             |   |   |   |   |   |   |
| Depreciation and amortisation                                                               |   |                                             | 1,228  |   |   |   | 854 |   |
| Allowance for doubtful accounts                                                             |   |                                             | 527    |   |   |   | 10 |   |
| Share-based compensation expense                                                            |   |                                             | 100    |   |   |   | 66 |   |
| Changes in operating assets and liabilities:                                                |   |                                             |   |   |   |   |   |   |
| Accounts receivables                                                                        |   |                                             | (1,135 | )  |   |   | (140 | ) |
| Other receivables, prepayments and deposits                                                 |   |                                             | (2,632 | ) |   |   | 1,304 |   |
| Inventories                                                                                 |   |                                             | (1,300 | )  |   |   | (2,156 | ) |
| Deferred tax asset                                                                          |   |                                             | (61    | ) |   |   | 34 |   |
| Accounts payable                                                                            |   |                                             | 267    |   |   |   | (1,191 | ) |
| Accruals and other payables                                                                 |   |                                             | 11     |   |   |   | (104 | ) |
| Income tax payable                                                                          |   |                                             | 77     |   |   |   | 51 |   |
| Net cash used in operating activities                                                       |   |                                             | (1,974 | )  |   |   | (251 | ) |
| Cash flows from investing activities                                                        |   |                                             |   |   |   |   |   |   |
| Acquisition of property and equipment                                                       |   |                                             | (491   | )  |   |   | (153 | ) |
| Acquisition of intangible assets                                                            |   |                                             | (67    | )  |   |   | - |   |
| Net cash used in investing activities                                                       |   |                                             | (558   | )  |   |   | (153 | ) |
| Cash flows from financing activities                                                        |   |                                             |   |   |   |   |   |   |
| Repayment of stockholder loans                                                              |   |                                             | (411   | ) |   |   | - |   |
| Net cash used in financing activities                                                       |   |                                             | (411   | ) |   |   | - |   |
| Effect of foreign currency translation on cash and cash equivalents                         |   |                                             | 427    |   |   |   | 73 |   |
| Net decrease in cash and cash equivalents                                                   |   |                                             | (2,516 | )  |   |   | (331 | ) |
| Cash and cash equivalents - beginning of period                                             |   |                                             | 7,519  |   |   |   | 10,239 |   |
| Cash and cash equivalents - end of period                                                   |   | $                                                | 5,003  |   |   | $ | 9,908 |   |
| Supplemental Disclosure of Cash Flow Information                                            |   |                                             |   |   |   |   |   |   |
| Income tax paid                                                                             |   | $                                                | 104    |   |   | $ | 131 |   |
| Interest paid                                                                               |   | $                                                | -      |   |   | $ | - |   |

----

----

----

| b)  | Use of estimates |
|----------|------------------|

| c)  | Fair value of financial instruments |
|----------|-------------------------------------|

| d) | Business combination |
|----|----------------------|

| e)  | Reclassification |
|----------|------------------|

| f)  | Recently enacted accounting standards |
|----------|---------------------------------------|

----

|                |   | March 31, 2011 |        | December 31, 2010 |   |
|------------------------------------|--------|--------------------------|-------------|-----------------------------|--------|
|                               |   |                     | (Unaudited) |                        |   |   |   |
| Accounts receivable                |   | $                        | 37,321      |                        | $      | 36,598 |   |
| Less: allowance for doubtful debts |   |                     | 2,155       |                        |   | 2,040 |   |
|                          |   | $                        | 35,166      |                        | $      | 34,558 |   |

|                  |   |  March 31,2011 |        | December 31, 2010 |   |
|---------------------------------|--------|--------------------------|-------------|-----------------------------|--------|
|                            |   |                     | (Unaudited) |                        |   |   |   |
| Installations in progress  |   | $                        | 6,047       |                        | $      | 5,780 |   |
| Finished goods                  |   |                     | 1,033       |                        |   | - |   |
|                       |   | $                        | 7,080       |                        | $      | 5,780 |   |

| Cost                        |   |   March 31, 2011 |                                                            | December 31, 2010 |   | AmortizationPeriod |   |
|---------------------------------------|--------|--------------------------------------|-----------------------------------------------------------------|-----------------------------|--------|--------------------|--------|
|                                  |   |                                 | (Unaudited)                                                     |                        |   |               |   |   |   |
| Databases                             |   | $                                    |        14,794                |                        | $      | 14,864             |   | 8 years |   |
| Strategic alliance                    |   |                                 |         7,306           |                        |   | 7,278              |   | 5.5 years |   |
| Non-compete agreement                 |   |                                 | 326                                                             |                        |   | 327                |   | 2 years |   |
| Customer relationship                 |   |                                 | 790                                                             |                        |   | 782                |   | 5.2 yeas |   |
| Competed technology                   |   |                                 | 514                                                             |                        |   | 509                |   | 4.2 years |   |
| Partnership agreement                 |   |                                 | 1,449                                                           |                        |   | 1,435              |   | 4.2 years |   |
| Software                              |   |                                 |           666 |                        |   | 397                |   | 8 years |   |
|                             |   |                                 | 25,845                                                          |                        |   | 25,592             |   |   |   |
| Less: accumulated amortization   |   |                                 | 9,194                                                           |                        |   | 8,144              |   |   |   |
| Net                                   |   | $                                    | 16,651                                                          |                        | $      | 17,448             |   |   |   |

| Fiscal Year |   | Amount |   |
|-------------|--------|--------|--------|
| 2011        |   |   | 2,987  |   |
| 2012        |   |   | 3,927  |   |
| 2013        |   |   | 3,868  |   |
| 2014        |   |   | 3,873  |   |
| 2015        |   |   | 1,655  |   |
| Thereafter  |   |   | 341    |   |
|        |   | $      | 16,651 |   |

----

----

|                           |   | Number ofoptions andwarrants |      |   | Weighted-averageexercise price |   |   | Weighted-averageremaining contractuallife (Years) |   |
|-------------------------------------|--------|----------------------------------------|-----------|--------|-------------------------------------|--------|--------|-------------------------------------------------------------|--------|
| Outstanding, January 1, 2011   |   |                                   | 2,477,800 |   |                                | $      | 4.82   |                                                        |   |   | 2.58 |   |
| Granted                        |   |                                   |      |   |                                |   |   |                                                        |   |   |   |   |
| Forfeited                      |   |                                   | 20,000    |   |                                | $      | 4.10   |                                                        |   |   | 4.42 |   |
| Excercised                          |   |                                   | 12,042    |   |                                | $      | 1.64   |                                                        |   |   | 8.50 |   |
| Outstanding, March 31, 2011    |   |                                   | 2,445,758 |   |                                | $      | 4.84   |                                                        |   |   | 2.30 |   |

| Range of exerciseprices |   |   | Number outstandingcurrently exercisable asof March 31, 2011 |      |   | Weighted-averageremainingcontractual life(years) |   |   | Weighted-averageexercise price ofoptions currentlyexercisable |   |
|-----------------------------------|--------|--------|--------------------------------------------------------------------------------------|-----------|--------|-------------------------------------------------------|--------|--------|------------------------------------------------------------------------------|--------|
|                              |   |   |                                                                                 |      |   |                                                  |   |   |                                                                         |   |
| $1.64-$7.00                       |   |   |                                                                                 | 1,983,158 |   |                                                  |   | 1.6    |                                                                         |   | $ | 5.08 |   |

|                                                                                 |   | Three Months Ended March 31, |             |
|-------------------------------------------------------------------------------------------|--------|--------------------------------------------------|------------------|
|                                                                                 |   | 2011                                             |             |   | 2010 |   |
|                                                                                      |   | (Unaudited)                                      |             |   | (Unaudited) |   |
| Numerator for basic and diluted earnings per share:                                       |   |                                             |             |   |   |   |
| Net income                                                                           |   | $                                                | 944              |   |   | $ |  1,021 |   |
| Denominator for basic earnings per share—weighted average shares outstanding   |   |                                             | 20,353,270       |   |   |   |    17,049,000 |   |
| Dilutive effect of stock-based compensation plan                                     |   |                                             |  196,635    |   |   |   | 169,712 |   |
| Dilutive effect of contingently issuable shares                                           |   |                                             |             |   |   |   | 1,643,583 |   |
| Denominator for diluted earnings per share                                           |   |                                             |  20,549,905 |   |   |   |    18,862,295 |   |
|                                                                                      |   |                                             |             |   |   |   |   |   |
| Basic earnings per share                                                             |   | $                                                | 0.05             |   |   | $ |  0.06 |   |
| Diluted earnings per share                                                           |   | $                                                | 0.05             |   |   | $ |  0.05 |   |

----

|                           |   | Three Months Ended March 31 |   |
|--------------------------------|--------|-----------------------------|--------|
|                           |   | 2011                        |   |   | 2010 |   |
|                           |   |                        |   |   | (Unaudited) |   |   |   |   |   |   |   |   | (Unaudited) |   |   |   |   |
|                           |   | DataminingServices          |   |   | SoftwareServices |   |   | Total |   |   | DataminingServices |   |   | SoftwareServices |   |   | Total |   |
| Net Revenue                    |   | $                           | 3,615  |   |   |   | 3,927 |   |   | $ | 7,542 |   |   | $ | 3,070 |   |   | $ | 2,050 |   |   | $ | 5,120 |   |
| Gross profit                   |   |                        | 2,362  |   |   |   | 1,572 |   |   |   | 3,934 |   |   |   | 1,271 |   |   |   | 1,369 |   |   |   | 2,640 |   |
| Net Income                     |   |                        | 567    |   |   |   | 377 |   |   |   | 944 |   |   |   | 521 |   |   |   | 500 |   |   |   | 1,021 |   |
| Segment Assets                 |   |                        | 46,308 |   |   |   | 31,465 |   |   |   | 77,773 |   |   |   | 42,450 |   |   |   | 17,469 |   |   |   | 59,919 |   |
| Depreciation& Amortization |   |                        | 1,191  |   |   |   | 37 |   |   |   | 1,228 |   |   |   | 819 |   |   |   | 35 |   |   |   | 854 |   |
| Expenditure for segment assets |   | $                           | 491    |   |   |   | 67 |   |   | $ | 558 |   |   | $ | 153 |   |   | $ | - |   |   | $ | 153 |   |

| Within 1 year      |   | $      | 192 |   |
|-------------------------|--------|--------|-----|--------|
| Within 1-2 years   |   |   | 140 |   |
| Within 2-3 years   |   |   | 11  |   |
| Thereafter         |   |   | -   |   |
|               |   | $      | 343 |   |

----

----

----

|         |   | Three Months Ended March 31   |   |   |                 |   |
|-------------------|--------|---------------------------------------------------|--------|--------|----------------------|--------|
|         |   | 2011                                              |   |   | 2010                 |   |   | % Change |   |
|         |   | (In thousands, except percentages) |   |   |                 |   |
|         |   | (Unaudited)                                       |   |   | % of sales |   |   | (Unaudited) |   |   | % of sales |   |   |   |   |
| Sales:            |   |                                              |   |   |                 |   |   |   |   |   |   |   |   |   |   |
| Data mining       |   | $                                                 | 3,615  |   |                 |   | 48 | % |   | $ | 3,070 |   |   |   | 60 | % |   |   | 18 | % |
| Software services |   |                                              | 3,927  |   |                 |   | 52 | % |   |   | 2,050 |   |   |   | 40 | % |   |   | 92 | % |
| Total sales       |   | $                                                 | 7,542  |   |                 |   | 100 | % |       | $ | 5,120 |   |   |   | 100 | % |   |   | 47 | % |

|           |   | Three Months Ended March 31   |   |   |            |   |
|---------------------|--------|---------------------------------------------------|--------|--------|-----------------|--------|
|           |   | 2011(Unaudited)                                   |   |   | 2010(Unaudited) |   |   | % Change |   |
|           |   | (In thousands, except percentages) |   |   |            |   |
| Cost of sales:      |   |                                              |   |   |            |   |   |   |   |
| Data mining         |   | $                                                 | 1,253  |   |            | $      |   1,800 |   |   |   | -30 | % |
| Software services   |   |                                              | 2,355  |   |            |   |   680 |   |   |   | 246 | % |
| Total cost of sales |   | $                                                 | 3,608  |   |            | $      |   2,480 |   |   |   | 45 | % |

|         |   | Three Months Ended March 31 |   |   |   |   |
|-------------------|--------|-------------------------------------------------|--------|--------|--------|--------|
|         |   | 2011                                            |   |   | 2010   |   |   | % Change |   |
| Gross margin:     |   |                                            |   |   |   |   |   |   |   |
| Data mining       |   |                                            | 65     | %      |   |   | 41 | % |   |   | 24 | % |
| Software services |   |                                            | 40     | %      |   |   | 67 | % |   |   | -27 | % |
| Total sales       |   |                                            | 52     | %      |   |   | 52 | % |   |   |   | - |

----

|                                         |   | Three Months Ended March 31   |   |   |                |   |
|---------------------------------------------------|--------|---------------------------------------------------|--------|--------|---------------------|--------|
|                                         |   | 2011                                              |   |   | 2010                |   |   |   |   |
|                                         |   | (In thousands, except percentages) |   |   |                |   |
|                                         |   | (Unaudited)                                       |   |   | % oftotalsales |   |   | (Unaudited) |   |   | % oftotalsales |   |   | % of Changes |   |
|                                              |   |                                              |   |   |                |   |   |   |   |   |   |   |   |   |   |
| Selling, general and administrative expenses |   | $                                                 | 2,581  |   |                |   | 34 | % |      | $ | 954 |   |   |   | 19 | % |   |   | 171 | % |
| Research and development costs                    |   |                                              | 739    |   |                |   | 10 | % |   |   | 733 |   |   |   | 14 | % |   |   | 1 | % |
| Total expenses                                    |   | $                                                 | 3,320  |   |                |   | 44 | % |   | $ | 1,687 |   |   |   | 33 | % |   |   | 97 | % |

|                              |   | March 31, 2011 |        | December 31, 2010 |   |
|-----------------------------------|--------|--------------------------|-------------|-----------------------------|--------|
|                              |   |                     | (Unaudited) |                        |   |   |   |
|                         |   | (In thousands)      |        |
| Cash and cash equivalents    |   | $                        | 5,003       |                        | $      | 7,519 |   |
| Working capital              |   |                     | 45,761      |                        |   | 43,737 |   |
| Stockholder’s equity   |   | $                        | 60,908      |                        | $      | 59,347 |   |

|                                                      |   | Three Months Ended March 31 |   |
|---------------------------------------------------------------------|--------|-------------------------------------------------|--------|
|                                                           |   | 2011(Unaudited)                                 |   |   | 2010(Unaudited) |   |
|                                                                |   | (In thousands)                                  |   |
| Net cash used in operating activities                               |   | $                                               | (1,974 | ) |   | $ | (251 | ) |
| Net cash used in investing activities                               |   |                                            | (558   | ) |   |   | (153 | ) |
| Net cash used in financing activities                               |   |                                            | (411   | ) |   |   | - |   |
| Effect of foreign currency translation on cash and cash equivalents |   |                                            | 427    |   |   |   | 73 |   |
| Net decrease in cash and cash equivalents                           |   |                                            | (2,516 | ) |   |   | (331 | ) |
| Cash and cash equivalents - beginning of period                     |   |                                            | 7,519  |   |   |   | 10,239 |   |
| Cash and cash equivalents - end of period                           |   | $                                               | 5,003  |   |   | $ | 9,908 |   |

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| Exhibit    |   | Description                                                                                                                                                                       |
|------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|       |   |                                                                                                                                                                              |
|  31.1 |   | Certification of the Chief Executive Officer (Principal Executive Officer) pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                             |
|       |   |                                                                                                                                                                              |
|  31.2 |   | Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                           |
|       |   |                                                                                                                                                                              |
|  32   |   | Certifications of the Chief Executive Officer (Principal Executive Officer) and the Chief Financial Officer pursuant to Section  906 of the Sarbanes-Oxley Act of 2002. |

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|   | JINGWEI INTERNATIONAL LIMITED |                                         |
|--------|-------------------------------|----------------------------------------------|
|   |                          |                                         |   |
|   | By:                           | /s/ George Du                                |   |
|   |                          | Name: George Du                              |   |
|   |                          | Title: Interim Chief Executive Officer       |   |
|   |                          | (Principal Executive Officer)                |   |
|   |                          |                                         |   |
|   |                          | /s/ Yong Xu                                  |   |
|   |                          | Name: Yong Xu                                |   |
|   |                          | Title: Chief Financial Officer               |   |
|   |                          | (Principal Accounting and Financial Officer) |   |

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