FORM 10-QSB

[As last amended in Release No. 34-32231, April 28, 1993, 58 F.R. 26509]

U.S. Securities and Exchange Commission

Washington, D.C. 20549

Form 10-QSB

(Mark One)

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2001

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from ______________ to _______________

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

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

2100 Sherman Avenue, Cincinnati, Ohio 45212
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(Address of principal executive offices)

(513) 731-6000
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(Issuer's telephone number)

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

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

APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date: 12,325,727 shares of common
stock as of September 30, 2001.

Transitional Small Business Disclosure Format (check one):

Yes No X
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PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.
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The condensed financial statements attached to the end of this
quarterly report are filed as part of this quarterly report. The financial
statements include all adjustments, which in the opinion of management are
necessary in order to make the financial statements not misleading.

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

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

Results of Operations
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For the three months ended September 30, 2001 compared to the three
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months ended September 30, 2000
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Sales for the three months ended September 30, 2001 were $1,613,000
compared to $2,611,000 for the same period last year. The $998,000 or 38%,
decrease in sales is due to a 41% decrease in ACD (Automatic Call Distribution)
revenue, a 32% decrease in revenue from other Company products and a 32%
decrease in services revenue.

Gross profit of $1,033,000 was $898,000, or 46%, lower than the
corresponding period of last year. This decrease in gross profit is a direct
result of the decrease in sales volume. Gross profit as a percentage of sales
was 64% or 10% less than that experienced during the same period of the prior
year.

The Company continued its investment in its growth strategy. Research
and development costs of $279,000 were $14,000, or 5%, higher than the
comparable prior year period. Selling, general and administrative expenses of
$1,692,000 were $24,000, or 1%, higher than the comparable prior year period.

The Company realized a loss from operations of $937,000 for the three
months ended September 30, 2001 as compared to a loss from operations of $1,000
reported for the same period last year.

Other income was $52,000 as compared to $126,000 for the comparable
prior year period due primarily to a decrease in marketable securities and the
rate of return on investments.

The income tax benefit of $324,000 as compared to an income tax
provision of $39,000 for the comparable prior year period changed as a result of
the change in taxable income.

The Company realized a net loss of $562,000 for the three months ended
September 30, 2001 compared to net income of $86,000 reported for the same
period last year. Loss per share, basic and diluted, were $0.05 versus a net
income of $0.01 per share reported for the comparable prior year period.

Liquidity and Capital Resources
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Working Capital decreased to $5.4 million as compared to $7.6 million
for the corresponding period of last year. The decrease of $2.2 million is
primarily due to decreases in cash and marketable securities and accounts
receivable of $2.1 million and $0.6 million, respectively, which were offset by
decreases in deferred maintenance revenue and other liabilities of $0.1 million
and $0.1 million, respectively.

As of September 30, 2001, the Company held cash and marketable
securities totaling approximately $5.6 million and had no outstanding long-term
debt obligations.

The Company's plan of operation is to continue distributing its contact
center solutions and development of services revenue. The Company has planned
material commitments for capital expenditures associated with the move to a new
facility. These capital expenditures will include a new computer network,
computer systems, phone system and furniture. In the near term, the Company
plans to lease and fund all items associated with these planned expenditures
with its cash and marketable securities. The Company feels that there is no
significant element of income or loss that does not arise from the Company's
continuing operations.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings
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None

Item 2. Changes in Securities and Use of Proceeds
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None

Item 3. Defaults upon Senior Securities
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Not Applicable

Item 4. Submission of Matters to a Vote of Security Holders
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Not Applicable

Item 5. Other Information
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None

Item 6. Exhibits and Reports on Form 8-K

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

Exhibit
Number Description of Document Page
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15 Letter on Unaudited Interim Financial Information Attached
99 Financial Statements/Independent Accountant's Report Attached

SIGNATURES

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

CINTECH SOLUTIONS, INC.

By: /s/ Diane M. Kamionka Date: November 14, 2001
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Diane M. Kamionka
President and Chief Executive Officer

By: /s/ Dino Lucarelli Date: November 14, 2001
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Dino Lucarelli
Chief Financial Officer