**Exhibit      4.8**

**AMENDMENT      NUMBER 1 TO **

**PLEDGE      AND ESCROW AGREEMENT**

**THIS      AMENDMENT AGREEMENT **
** **
**AIRBEE      WIRELESS, INC., **
**MONTGOMERY      EQUITY PARTNERS, LTD. **
** **
**DAVID      GONZALEZ, ESQ.**

**WHEREAS**

**WHEREAS**

**NOW,      THEREFORE**

| **I.** | **Amendments****.** |
|--------|---------------------|

**THIS      PLEDGE AND ESCROW AGREEMENT**
**AIRBEE      WIRELESS, INC.**
**MONTGOMERY      EQUITY PARTNERS, LTD.**
**DAVID      GONZALEZ**
**,      ESQ.**

| **II.** | **Miscellaneous****.** |
|---------|------------------------|

|   | **A.** | Except                as provided hereinabove, all of the terms and conditions contained                in the                Agreement shall remain unchanged and in full force and                effect. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | **B.** | This                Amendment is made pursuant to and in accordance with the terms and                conditions of the Agreement. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------|

|   | **C.** | All                capitalized but not defined terms used herein shall have those meanings                ascribed to them in the Agreement. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------|

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|  | **D.** | All                provisions in the Agreement and any amendments, schedules or exhibits                thereto in conflict with this Amendment shall be and hereby are changed                to                conform to this Amendment. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**IN      WITNESS WHEREOF**
*,*

|   | **COMPANY:**                                      |
|--------|---------------------------------------------------|
|   | **AIRBEE              WIRLESS, INC.**             |
|   |                                              |   |
|   | By:                                     | /s/                E. Eugene Sharer |
|   | Name                                         | E.                Eugene Sharer |
|   | Title:                                       | President                & Chief Operating Officer |
|   |                                              |   |
|   |                                              |   |
|   | **MONTGOMERY              EQUITY PARTNERS, LTD.** |
|   |                                              |   |
|   | By:                                          | Yorkville                Advisors LLC |
|   | Its:                                         | General                Partner |
|   |                                              |   |
|   | By:                                               | /s/                Robert Press |
|   | Name                                         | Robert                Press |
|   | Title:                                       | Portfolio                Manager |
|   |                                              |   |
|   |                                              |   |
|   | **ESCROW              AGENT:**                    |
|   | **DAVID              GONZALEZ, ESQ.**             |
|   |                                              |   |
|   | By:                                               | /s/                David Gonzalez |
|   | Name:                                        | David                Gonzalez, Esq. |

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