November 23, 2001

Lok Technology Inc.

Mr. Philip Peters.
CEO, Zagada Markets.
Caribbean Commercial Building.
145 Grand Avenue, Coral Gables FL 33133

Dear Philip,

It’s been a pleasure working with you over the last year in helping us clarify and execute our business development and alliance strategy.Through a third party we heard about your capacity to get top level access to

Fortune 500 companies and leading technology firms through your Tig™ methodology. We were skeptical at first, but having used you, it was worth every buck spent. As we reflect on the year we can count forty four major companies we’ve met with, or have had high level conference calls. We’re impressed that you’ve been able to schedule these meetings with senior officers of these companies.

We also appreciate you taking the time to spend a day with us at the EDC’s technology showcase for fast growth companies in Boca Raton. Your down to earth attitude coupled with your understanding of the technology space helped us developed some great leads.

In conclusion, we want to really express our thanks to you for helping us land David Binney, IBM’s Chief Information Officer and Director of Security to our board. As a past deputy director to the Federal Bureau of Investigation, Mr. Binny’s association with our company will certainly help LotTek further its mission in branding itself as one of the leading emerging web based security firms.

We continue to wish you and your associates the very best and will certainly call on you again as our need arises. Best of luck as you grow your Zagada consultancy.

Regards,
Peter Knezevich
CEO, Lok Technology Inc
www.loktechnology.com