

                              EMPLOYMENT AGREEMENT

                  This  Employment  Agreement (the  "Agreement")  is dated as of
      August 23, 1999,  between FINANCIAL  INTRANET,  INC., a Nevada Corporation
      headquartered  at 116 Radio  Circle,  Mount  Kisco,  New York  10549  (the
      "Company") and COREY RINKER,  of 12 Stonewall Circle,  West Harrison,  New
      York 10604 ("Employee").

                                   WITNESSETH

                WHEREAS, the Company is engaged in the business of providing, in
part, a proprietary,  secured,  on-demand text and video  financial  information
network that links the Brokerage community and the Mutual Fund industry together
and connects both to the individual investor,  but with the current intention to
expand such offerings to a broader based commercial and individual audience (the
"Business"); and

                WHEREAS, the Company desires to employ Employee initially in the
capacities  of  Chief  Financial  Officer  and Vice  President  of  Finance  and
Administration, with additional increased operational roles and responsibilities
contemplated  during the term  hereof and  subject to  satisfactory  performance
during  the term  hereof  and at the sole  discretion  of the  President  of the
Company,  and the Employee  desires to accept such employment in such capacities
to the Company on the terms and conditions set forth herein;

                NOW, THEREFORE,  in consideration of the premises and the mutual
covenants and obligations  hereinafter set forth, the parties hereto,  intending
to be legally bound, hereby agree as follows:


              1. EMPLOYMENT AND TERM. The Company hereby employs  Employee,  and
      Employee hereby accepts such employment in the capacities and on the terms
      and subject to the conditions set forth herein.  Subject to the provisions
      for termination as hereinafter provided,  the term of this Agreement shall
      commence on August 23, 1999 (the "Commencement  Date") and end on December
      31, 2002 (the "Original Term of Employment").  The terms of this Agreement
      may be  extended by the Company for an  additional  period  commencing  on
      January 1, 2003 and ending on December  31, 2004  provided (a) the Company
      expressly  informs  Employee in writing six (6) months before December 31,
      2002 that it intends to extend the term of this  Agreement  on terms equal
      to, or better than,  the terms of the Original Term of Employment  and (b)
      Employee  accepts  the  extension  and  terms of this  Agreement  for such
      additional  period.  The  additional  period,  if any,  together  with the
      Original Term of Employment are  hereinafter  collectively  referred to as
      the "Term of Employment". If the Company does not inform Employee of the


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      extension of this  Agreement,  this Agreement shall expire on December 31,
      2002 unless  terminated  earlier as provided herein.  Employee accepts and
      agrees to such employment, subject to the general supervision,  advice and
      direction of the President.

          2. DUTIES.  During the Term of Employment,  Employee agrees to perform
  faithfully,  industriously, and to the best of Employee's ability, experience,
  and  talents,  all of the  duties  that may be  required  by the  express  and
  implicit terms of this Agreement and which are both  customarily  performed by
  an employee situated in similar position and to the reasonable satisfaction of
  the President of the Company.  Such duties shall be provided at such places as
  the needs,  business, or opportunities of the Company may require from time to
  time and shall  include,  but not be limited to,  attending  to all  financial
  matters  related  to the  Company  including  financial  reporting,  mergers &
  acquisitions,  other capital structure matters and investor relations, SEC and
  other  regulatory  compliance,   outside  counsel,   accountants,   and  other
  consultants  as may be engaged,  and building and managing the  administrative
  and  accounting  department's  functions,  roles and  responsibilities.  It is
  further  contemplated  by the parties  hereto  that,  subject to  satisfactory
  performance  by Employee and at the  discretion of the  President,  Employee's
  responsibilities  will be increased over the term hereof to include additional
  operational oversight and management

          Employee shall not,  without prior written consent of the President of
  the  Company  during the Term of  Employment,  other than the  Performance  of
  duties  naturally  inherent  in the  business  of the  Company as  applicable,
  perform services of any professional or commercial nature for any other person
  or firm,  whether for compensation or otherwise;  provided,  however,  that so
  long as it does not interfere with his employment hereunder, Employee may: (a)
  attend to outside investments; (b) serve as a director, trustee, or officer of
  or  otherwise  participate  in  professional,  educational,  welfare,  social,
  religious  and civic  organizations;  and (c) serve as a director,  officer or
  employee of any other  entity if and to the extent  consented to in writing by
  the President of the Company.

          Employee  shall  arrange  his  affairs  and  lifestyle  so that he can
  perform his duties from the Company's  offices  currently located at 116 Radio
  Circle,  Mount Kisco, New York or at office facilities at such other locations
  approved by the  President  of the Company.  If Employee  fails to continue to
  perform  his  duties  upon  a  reasonable   change  of  the  current   Company
  headquarters,  this  contract  shall be  deemed  terminated  for  cause by the
  Company.







<PAGE>



          3.  COMPENSATION,  AND BENEFITS.  As  compensation to Employee for the
  services provided by Employee under this Agreement, the Company will initially
  pay Employee an annual base salary of $135,000  payable in accordance with the
  Company's usual payroll procedures. In addition, Employee will be eligible for
  annual  incentive  bonuses and stock  option  awards which will be at the sole
  discretion  of  the  President  of  the  Company.  Upon  termination  of  this
  Agreement,  salary  payments  under  this  paragraph  shall  cease;  provided,
  however,  that Employee shall be entitled to payments of salary and incentives
  for periods if any have been awarded for partial  periods that occur-red prior
  to the date of  termination  and for  which  Employee  has not yet been  paid.
  Accrued  vacation will be paid in accordance  with state law and the Company's
  customary  procedures.  This  section of the  Agreement  is included  only for
  accounting and payroll  purposes and shall not be construed as  establishing a
  minimum or definite term of employment.

           Employee agrees that the Company, or its subsidiaries and affiliates,
  as  applicable,  shall  withhold  from  any and all  compensation  paid to and
  required  to be paid to  Employee  pursuant to this  Agreement,  all  federal,
  state,  local and/or other taxes which the Company  determines are required to
  be withheld in accordance with the applicable  statutes or regulations then in
  effect and all  amounts  required  to be  deducted  in  respect of  Employee's
  coverage under applicable benefit plans. In addition,  Employee,  upon signing
  of this  Agreement,  is hereby  granted an option to purchase up to  1,750,000
  shares of the Company's Common Stock (the "Option") at a price per share equal
  to eighty  percent (80%) of the per share closing bid price on the third month
  anniversary date of the signing of this Agreement (the "Grant Date"). Employee
  shall have the right to exercise  thirty three and one third percent  (33.33%)
  of the options at the end of each twelve-month  period of the Original Term of
  Employment;  provided further,  however,  that upon a change of control of the
  Company,  as defined below in this  Paragraph 3, all such  remaining  unvested
  Options  held by  Employee  shall  immediately  then become  fully  vested and
  exercisable.  Such options  shall expire with  termination  for cause or after
  ninety (90) days without  cause or upon the last date of the Original  Term of
  Employment or any extension thereof whether exercised in whole or in part.

                      For the purpose of this  Agreement,  a "Change of Control"
shall mean:

                      (a) the  acquisition  by  any  individual, entity or group
                          (within the meaning of Section 13(d)(3) or 14(d)(2) of
                          the  Securities  Exchange  Act  of 1934, as amended of
                          beneficial ownership (within the meaning of Rule 13d-3
                          promulgated  under such Act) of 25% or more of  either
                          (i) the then outstanding shares of common stock of the
                          Company or (ii) the combined voting power of the  then
                          outstanding  voting securities of the Company entitled
                          to vote generally in the election of directors; or


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                      (b) approval by the shareholders of the Company  of  (i) a
                          complete liquidation  or dissolution of the Company or
                          (ii) the  sale  or  other  disposition   of   all   or
                          substantially all of the assets of the Company.

            The Option is personal to Employee  and shall not be  encumbered  or
    otherwise  disposed  of,  except that in the event of the death of Employee,
    his estate shall have the right,  within six (6) months after his death,  to
    exercise  the Options  available  to Employee at the time of his death.  The
    Option shall be exercised by written notice as called for in this Agreement.

        Delivery of the  certificates  representing  the shares called for under
the Option shall be made  promptly  after receipt of such notice of exercise and
against the payment of the purchase price by certified check or cashier's check.

        The shares issued pursuant to the grant of the Option in accordance with
the terms of this  paragraph  shall be  restricted  shares  and may not be sold,
exchanged,  transferred,  pledged, hypothecated, or otherwise disposed of except
as provided  for under rule 144 of the  Securities  Act of 1933 (the "Act") and:
(i) said Common Stock shall be held indefinitely unless (1) distribution of said
Common Stock has been made  registered  under the Act, (2) a sale of said Common
Stock is made in conformity  with the  provisions of Rule 144 of the Act, or (3)
in the opinion of counsel  acceptable to the Company,  some other exemption from
registration  is available;  (ii)  Employee will not make any sale,  transfer or
other  disposition  of said Common Stock except in  compliance  with the Act and
Rules and  Regulations  thereunder;  (iii)  Employee is familiar with all of the
provisions  of Rule  144  including  (without  limitation)  the  holding  period
thereunder;  (iv) the  Company  is under no  obligation  to  register  the sale,
transfer or other  disposition of said Common Stock by Employee or on his behalf
or to take any  other  action  necessary  in order  to make  compliance  with an
exemption  from  registration  available;  and (v) there shall be a  restrictive
legend placed on the certificates for said Common Stock stating in substance:

                   "The shares  represented  by this  certificate  have not been
        registered  under  the  Securities  Act of 1933  and  may  not be  sold,
        pledged,  or  otherwise  transferred  except  pursuant  to an  effective
        registration  statement  under  said Act,  SEC rule 144 or an opinion of
        counsel  acceptable  to the  Company  that  some  other  exemption  from
        registration is available."







<PAGE>



        4.  REIMBURSEMENT  FOR EXPENSES IN ACCORDANCE WITH COMPANY  POLICY.  The
Company  shall  reimburse  Employee  for  reasonable  and  normal  out-of-pocket
expenses  in  accordance  with its  policies  in  effect  from  time to time and
including, but not limited to, professional dues, meetings and related expenses.

        5.  RECOMMENDATIONS FOR IMPROVING OPERATIONS.   Employee  shall  provide
the Company with all information,  suggestions and recommendations regarding the
Company's  business of which  Employee has knowledge  that will be of benefit to
the Company.

          6. VACATION, HOLIDAYS AND RELATED BENEFITS. Employee shall be entitled
  to such employee  benefits as the Company currently offers or may offer to its
  other similarly situated executives which include three (3) weeks vacation per
  annum,  holidays,  and other related benefits in accordance with the Company's
  policies.

          7. INSURANCE BENEFITS.  Employee  shall  be  entitled   to   insurance
benefits,  in accordance with the Company's applicable insurance contract(s) and
policies and applicable  state law, and similar to those of other  executives of
the Company.  These benefits  shall  include,  but may not be limited to, health
insurance and Directors and Officers insurance.

          8.  OTHER  BENEFITS.  Employee  shall  be  entitled  to the  following
additional  benefits,  and such other  benefits as may be provided in accordance
with the Company's  policies in effect from time to time: (i)  participation  in
the Company's  pension and/or  profit-sharing  plans,  401(k) plan and incentive
stock option plans in accordance  with the plan's terms and the  requirements of
law;  and (ii)  participation  in any other  benefits  similar to those of other
executives  of the Company,  including,  commencing on April 1, 2000, an initial
car allowance of $400 per month and a car insurance  allowance of $100 per month



          9.TERMINATION.   This  Agreement  may be terminated by either party as
follows:

         (a) The  Company  for any reason  may cancel the term of this  contract
         within the first  three  months of  employment.  If this  event  occurs
         Employee  shall be entitled to a  percentage  of the first year options
         based on the time worked.

         (b) The Company may terminate this Agreement for cause immediately upon
         written  notice  to  Employee.  "Termination  for  cause"  shall   mean
         discharge  by  the  Company by reason of the following:  (i) Employee's
         conviction of any act which constitutes a felon offense under


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         applicable  law  in  connection  with  the  performance  of  Employee's
         obligations  on  behalf  of the  Company  or which  affects  Employee's
         ability  to perform  his  obligations  as an employee of the Company or
         under   any   employment   agreement,    non-competition     agreement,
         confidentiality  agreement  or  like  agreement  or  covenant   between
         Employee  and the Company or which materially an adversely  affects the
         reputation  and  business  activities  of the  Company;(ii)  Employee's
         willful  misconduct  in connection wit h the  performance of Employee's
         duties  and  responsibilities  as an  employee  of the  Company;  (iii)
         Employee's  commission  of an act of  embezzlement  fraud or dishonesty
         which  results  in a  loss,  damage  or  injury  to th  Company;  (iv)
         Employees's  substantial  and continuing neglect or gross negligence in
         the  performance  of  Employee's  duties as an employee of the Company;
         (v)  Employee's  unauthorized  use  or  unauthorized  disclosure of any
         trade  secret  or   confidential   information  of  the  Company  which
         adversely  affects  the  business of the  Company;  provided,  that any
         disclosure  of  any trade  secret or  confidential  information  of the
         Company  to a third party in the ordinary  course of business who signs
         a  confidentiality  agreement  shall  not  be  deemed a breach  of this
         subparagraph; (vi) substance or alcohol abuse for which Employee fails
         to  undertake and maintain  treatment  within 5 days after requested by
         the  Company or (vii) Employee's continuing material failure or refusal
         to  perform his duties in accordance  with the terms of this  Agreement
         or  to carry out in all material  respects the lawfu  directives of the
         President;  provided  that  discharge  pursuant  to  this  subparagraph
         (viii)  shall constitute discharge for cause only if Employee has first
         received  written  notice from the President of the Compan stating with
         specificty  the  nature of such  failure or refusa and, if requested by
         Employee  within 5 days  thereafter,  Employee is afforded a reasonable
         opportunity to be heard before the Board.


        Upon such  termination for cause,  Employee shall lose all right,  title
and interest in and to all payments  required to be made in accordance  with the
provisions of this Agreement,  and the Company shall have no further  obligation
to Employee hereunder,  except for compensation pursuant to Paragraph 3 to which
Employee is entitled  through the date of  termination,  bonus  compensation  to
which  Employee is entitled for and in respect of the  preceding  fiscal year if
not theretofore  paid, and any benefits  referred to in Paragraphs 3, 6, 7 and 8
hereof to which  Employee has a vested night under the terms and  conditions  of
the  plan  or  program  pursuant  to  which  such  benefits  were  granted.  The
compensation paid under this Agreement shall be the Employee's exclusive remedy.



<PAGE>



        (c) The Company may  terminate  the Employee  without cause at any time,
including  termination  due to the  elimination of Employee's  position due to a
change of control of the Company as defined in Paragraph 3 herein.  In the event
of  termination  of  Employment  without  cause or due to such change of control
during the term of this Agreement,  including any extension thereof, the Company
shall pay or provide to Employee  (in  addition  to the salary,  bonus and other
compensation  to which  Employee  shall be entitled or which Employee shall have
earned  pursuant to Paragraph 3 hereof through the date of such  termination and
any benefits  referred to in Paragraphs  3, 6, 7 and 8 hereof in which  Employee
has a vested  right  under  the  terms  and  conditions  of the plan or  program
pursuant  to which  such  benefits  were  granted),  the full  compensation  and
benefits as set forth or referred to in Paragraph 3 for what would,  absent such
termination,  have been the  remaining  term  hereof to be paid at the time such
compensation and benefits would have been due under this Agreement. In addition,
any stock options to which he is entitled will become fully vested immediately.

        (d) Employee may terminate  this Agreement upon 60 days' written notice;
provided,  however,  that the  Company  can waive  this  notice  and agree  with
Employee to an earlier  termination  date.  Upon  termination  by Employee,  all
obligations  of the Company and Employee  under this  Agreement will cease as of
the date of final termination, except Employee's obligations under Paragraphs 12
and 13 shall survive.


          10.  TERMINATION  FOR DEATH OR DISABILITY.  The Company shall have the
option to  terminate  this  Agreement  if Employee  dies or becomes  permanently
disabled  and is no  longer  able to  perform  the  essential  functions  of the
position with reasonable  accommodation.  The Company shall exercise this option
by giving ninety days (90) written  notice to Employee or his  beneficiary,  who
shall be entitled to a pro rata portion of any incentive  bonuses to which he is
entitled.  Salary will cease at the end of this ninety-day  period. In addition,
any stock options to which he is entitled will become fully vested immediately.

          11.  COMPLIANCE WITH COMPANY RULES.  Employee  agrees  to  comply with
all of the rules and regulations of the Company.

          12.  RETURN OF PROPERTY. Upon termination of this Agreement,  Employee
shall deliver all property (including keys, records, data, memoranda, models and
equipment)  that is in  Employee's  possession or under his control which is the
Company's property or related to the Company's  business.  Such obligation shall
be  governed  by  any  Paragraph  13  herein  or  separate   confidentiality  or
proprietary rights agreement signed by Employee.





<PAGE>



          13.  CONFIDENTIALITY,  OWNERSHIP.  (a) During  the  Term of Employment
and for a period of twelve (12) months thereafter,  so long as the Company is in
business, the Employee shall not disclose,  divulge,  discuss, copy or otherwise
use or suffer to be used in any manner,  in competition  with or contrary to the
interests  of, the Company,  or any of its  subsidiaries,  the  customer  lists,
market research, or other trade secrets of the Company and its subsidiaries,  it
being acknowledged by Employee that all such information regarding- the business
of the Company and its subsidiaries  complied or obtained by or furnished to the
Employee  while  Employee  shall have been  employed by or  associated  with the
Company  is  confidential  information  and the  Company's  exclusive  property,
provided, however, this restriction shall not apply to: (a) any information that
is considered by law, custom or otherwise to be generic to the industry or trade
of the Company; (b) any information developed by Employee either individually or
jointly with others prior to his employment;  (c) information which is now in or
hereafter enters the public domain without any violation of this Agreement;  and
(d)  information  disclosed  in good faith to Employee by a third party  legally
entitled to disclosure the same.

        Notwithstanding anything to the contrary contained in this Paragraph 13,
Employee may disclose any confidential or proprietary  information to the extent
required  by  court  order  or  decree  or by the  rules  and  regulations  of a
government  agency or as  otherwise  required by law;  provided,  however,  that
Employee  shall  provide  the  Company  with  prompt  notice  of  such  required
disclosure  in advance  thereof  so that the  Company  may seek the  appropriate
protective order in respect of such required disclosure.


          14.  WAIVER.  The  waiver  by the Company of a breach of any provision
of this  Agreement by Employee  shall not operate or be construed as a waiver of
any  subsequent  breach  by him.  The  waiver  by  Employee  of a breach  of any
provision of this  Agreement by the Company shall not operate or be construed as
a waiver of any subsequent breach by the Company.


          15.  ARBITRATION. All  claims, disputes  and other matters in question
between  the parties to this  Agreement  or breach  thereof  shall be decided by
arbitration in accordance with the commercial rules of the American  Arbitration
Association  then in  effect  unless  the  parties  mutually  agree  in  writing
otherwise.  Notice of the demand for arbitration  shall be filed in writing with
the other party to this Agreement and the American Arbitration Association.  Any
arbitration shall take place in New York, NY.


          16.  NOTICES.  All  notices required or permitted under this Agreement
shall be in writing and shall be deemed  delivered  when  delivered in person or
sent by certified United States mail or overnight delivery service, addressed as
follows:

            to the Company:                              to Employee:

            FINANCIAL INTRANET, INC.                     COREY RINKER
            MICHAEL SHEPPARD                             112 Stonewall Circle
            President & Chief Operating Officer          West Harrison, NY 10604
            116 Radio Circle
            Mount Kisco, NY 10549

         Such  addresses  may be  changed  from time to time by either  party by
         providing written notice in the manner set forth above.


          17.  ENTIRE  AGREEMENT.  This Agreement  contains the entire agreement
of the  parties  and  there are no other  promises  or  conditions  in any other
agreement whether oral or written.  This Agreement  supersedes any prior written
or oral agreements between the parties, and may be changed or terminated only by
agreement in writing signed by the parties hereto.


          18.  SEVERABILITY.  If  any provisions of this Agreement shall be held
to be invalid or unenforceable  for any reason,  the remaining  provisions shall
continue to be valid and  enforceable.  If a court finds that any  provision  of
this Agreement is invalid or unenforceable,  but that by limiting such provision
it would become valid or enforceable,  then such provision shall be deemed to be
written, construed, and enforced as so limited.


          19.  WAIVER OF  CONTRACTUAL  RIGHT.  The  failure  of either  party to
enforce any  provision of this  Agreement  shall not be construed as a waiver or
limitation  of that  party's  right to  subsequently  enforce and compel  strict
compliance with every provision of this Agreement.


          20.  APPLICABLE LAW.  The  laws  of the State of New York shall govern
this Agreement.

          21.  NO CONFLICTS.  Employee  hereby  represents  and  warrants to the
Company that his execution,  delivery and  performance of this Agreement and any
other agreement to be delivered pursuant to this Agreement shall not (1) require
the consent,  approval or action of any other person or (ii)  violate,  conflict
with or result in breach of any of the terms of, or  constitute  (or with notice
of lapse of time of the time or both constitute) a default under, any agreement,
arrangement  or  understanding  with respect to  Employee's  employment to which
Employee is a party or by which Employee is bound or subject. Employee agrees to
indemnify and hold harmless the Company,  its  directors,  officers,  employees,
agents,  representatives,   and  affiliates  (and  such  affiliates,  directors,
officers,  employees,  agents and representatives)  from and against any and all
losses,  liabilities  or claims  (including  interest,  penalties and reasonable
attorney's fees, disbursements and related charges) based upon or arising out of
the Employee's breach of any of the foregoing  representations and warranties in
Paragraph 2.


<PAGE>




          22.  REPRESENTATIONS  AND  WARRANTIES  OF THE  COMPANY.  The   Company
hereby represents and warrants to Employee that (a) the Company is a corporation
duly organized,  validly existing and in good standing under the laws of Nevada,
and has all requisite  corporation power and authority to enter into execute and
deliver this  Agreement,  fulfill its  obligations  hereunder and consummate the
transactions  contemplated  hereby  and  (b)  the  execution  and  delivery  of,
performance  of  obligations   under  and   consummation   of  the   transaction
contemplated  by this  Agreement  has been duly  authorized  and approved by all
requisite corporation action.

The Company  agrees to indemnify  and hold  harmless  the  employee  while he is
acting in the scope Of his employment  from and against any losses,  liabilities
or  claims  (including  interest,  penalties  and  reasonable  attorney's  fees,
disbursements  and  related  charges)  based upon or arising  out of  Employee's
employment.

          23.  EFFECTIVE DATE.  This Agreement shall be effective as of the date
first written above.

          24.  COUNTERPARTS.  This  Agreement  may  be  executed  in one or more
counterparts,  each of which  shall be deemed to be  original,  but all of which
taken together shall constitute one and the same instrument,


            IN WITNESS  WHEREOF,  the  parties  hereto have duly  executed  this
    Agreement as of the date first written below.

Company:

FINANCIAL INTRANET, INC.

By:

         /s/ Michael Sheppard

         President & Chief Operating Officer

         8/23/99
         Date:



AGREED TO AND ACCEPTED:

Employee-.

         Corey Rinker

         8/23/99
         Date


