The preliminary results of an analysis of the time-series photometric data of binary star GSC 02049-01164 (ROTSE1 J164341.65+251748.1) are presented. GSC 02049-01164 was observed for eight consecutive nights with the 0.84-m telescope of the San Pedro Martir Observatory in Mexico. The light curve of GSC 02049-01164 is typical of those of W UMa type binary stars. In an effort to gain a better understanding of the binary system and determine its physical properties we have analyzed the light curve with the software PHOEBE V.0 0.31a. We have found that GSC 02049-01164 binary system has a mass ratio of ~ 0.42, an inclination of ~ 85 degrees, a semi-major axis of ~ 2.24 R⊙. It is likely that the two stellar components are in contact, with a degree of overcontact of 13%. The physical parameters of the stellar components have been derived.
