EXHIBIT 10.36





                  FINANCIAL PUBLIC RELATIONS ADVISER AGREEMENT
                            SUPPLEMENTAL AGREEMENT #1
                                February 5, 2004



Between:  JOERG SCHWEIZER         And: IQ POWER TECHNOLOGY INC.
          (the "Adviser")              (the "Corporation")
At:       Watzmannstrasse 9       At:  c/o Erlenhof Park, Inselkammer Strasse 4,
          81541 Muenchen               D-82008 Unterhaching, Germany
          Germany                      Facsimile: 011-4989-614483-40


IN  CONSIDERATION  of the  mutual  promises  and  covenants  and the  terms  and
conditions  herein  and  the  extraordinary  services  of  the  Adviser  to  the
Corporation in addition to those  required  under the August 1, 2003,  Financial
Public Relations  Adviser Agreement with the Corporation (the "IR Agreement") as
well  as  under  the  Adviser's   previous   agreement   with  the   Corporation
(collectively  the 2  agreements  are referred to as the "IR  Agreements"),  the
Corporation and the Adviser hereby agree as follows:

Position:                  The position of the Adviser shall remain as
                           originally stated in the IR Agreement.
Additional Services:       The description of Services shall be amended to
                           include those  services  reflected in Schedule "A"
                           hereto.
Term of Amendment          The provisions of this Supplemental Agreement shall
                           be in addition to the IR Agreement, have a term
                           commencing on February 5, 2004, and concluding on
                           June 30, 2004, and be deemed to have commenced on
                           February 5, 2004, notwithstanding the date of
                           execution.
Period of Services:        The period of services shall remain as originally
                           stated in the IR Agreement except that the Additional
                           Services described herein shall be provided as soon
                           as practicable during the term of this Supplemental
                           Agreement.
Compensation:              As consideration for the Additional Services of the
                           Adviser hereunder, the Corporation shall pay the
                           Adviser an additional fee of US$27,500 through the
                           issue of 50,000 common shares of the Corporation at a
                           deemed issue price per share of US $0.55 (EUR 0.44 @
                           US$1 to EUR 1.2603 as of February 5, 2004) payable in
                           two equal installments of 25,000 shares due on the
                           last day of each of April 2004 and June 2004.
Bonus:                     In recognition of the extraordinary contributions of
                           the Adviser to the undertaking of the Corporation in
                           addition to those required to date under the IR
                           Agreements, and specifically the provision of the
                           services herein contracted for during the period
                           August 1, 2002, through January 31, 2004, the
                           Corporation hereby awards the Adviser and agrees to
                           pay an immediate bonus of US$41,250 forthwith
                           following execution of this Supplemental Agreement #1
                           through the issue of 75,000 common shares of the
                           Corporation at the deemed issue price per share of
                           US $0.55.
Continued IR Agreement:    Except as supplemented or amended hereby, the terms
                           and conditions of the IR Agreement remain in full
                           force and effect.



Executed and delivered by and on       Executed and delivered by and on behalf
behalf of the  Adviser at _______      of the  Corporation at Unterhaching,
effective ______________________.      Germany, effective ____________________.


                                        IQ POWER TECHNOLOGY INC.



/s/ Joerg Schweizer                     Per:  /s/ Peter Braun
-----------------------------           ---------------------------------------
JOERG SCHWEIZER                               Peter Braun, President


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                                  Schedule "A"

The Additional Services of the Adviser shall include the following:

1. Supporting the Corporation in processing financings;

2. Preparing adequate Corporate Presentation Materials;

3. Assisting the Corporation in preparing and updating its business plan;

4. Assisting the Corporation in administering and controlling the financing
process;

5.  Communicating  with and advising the directors  and officers of  Corporation
concerning  the  Services  contracted  for,  including  traveling  to  meet  the
directors and officers from time to time at the cost and expense of the Adviser;

6. Participating in presentations of the Corporation to institutional  investors
worldwide at the cost and expense of the Adviser;

7. Distributing Corporate Press Releases to particular international media (such
as IR-World) at the cost and expense of the Adviser;

8.  Introducing  clients,  customers,  or other  business  opportunities  to the
Corporation  with a view  to  generating  sales  of  goods  or  services  by the
Corporation;

9. Assisting the Corporation in the creation and maintenance of a new Website.