Exhibit 10.45
                                                                 -------------

                                    FinancialContent Services, Inc.
                                    400 Oyster Point Blvd., Suite 435
                                    So. San Francisco, CA 94080
                                    Telephone: (650) 837-9850
                                    Facsimile: (650) 745-2677
                                    url: www.financialcontent.com
August 10, 2004

Thomas McAleer
3100 Fulton Street, #11
San Fransico, CA 94118

         Re:      Offer of Employment

Dear Thomas:

On behalf of FinancialContent Services, Inc. (hereinafter "FinancialContent" and
"Company"),  I am delighted to confirm our employment  offer to you. The details
of the offer are as follows:

         Position:   You  will  joining  us  as  our  new  part-time  Controller
         retroactive  to August 1, 2004.  You will be  reporting  to Wing Yu our
         Chief Executive  Officer.  Your duties on behalf of the Company and its
         Affiliates include the following:  develop and monitor internal control
         procedures to ensure company  resources  effectively  utilized;  create
         forecasted  revenue  projections;  assist outside auditor in completing
         all  external  reporting  (SEC  and  regulatory   reporting);   prepare
         corporate income taxes; perform general accounting functions, including
         bank  reconciliation's,  accounts payable,  daily sales reporting,  and
         other related tasks that may be asked of you by your manager.

         Salary/Hours:  You will be paid  $45.00  per hour.  You  shall  work on
         Tuesdays and  Thursdays  and no more hour than 8 hours on any such day,
         unless you have the prior consent of your manager. You may occasionally
         be  requested  to work  more  than two days per week and in such  event
         management will strive to give you as much advance notice as possible

         Stock Option Plan: Your previously issued  non-statutory  stock options
         shall be  converted to  incentive  stock  options in the same number of
         shares  and at the same  exercise  price.  The date of  issuance  shall
         remain June 4, 2004.  Please note that the  authorization  to issue the
         stock vested under your  incentive  stock option plan is dependent upon
         shareholder approval within one year of June 4, 2004.

         Evaluation  Period:  Upon  the  successful   completion  of  a  30  day
         evaluation  period,  you will be  eligible  for to  receive  the fringe
         benefits  offered  generally  to our  part-time  employees  as they may
         become available. Benefits and other employment matters are further set
         forth in our Employee Handbook.

         Taxes:  All  compensation  paid to you under this Agreement,  including
         payment  of  wages  and  taxable  benefits,  shall be  subject  to such
         withholdings  as may be required by law or  FinancialContent's  general
         practices.

         Expense  Reimbursement:  All  expenses  incurred by you in carrying out
         your duties as an employee of the Company shall be  reimbursable at the
         sole  discretion of your manager.  You are strongly  encouraged to seek
         your manager's  prior written  approval prior to incurring any business
         related expenses.

<PAGE>

         Outside    Business    Activities:    During   your   employment   with
         FinancialContent,  you shall devote competent energies,  interests, and
         abilities  to the  performance  of your  duties  under this  Agreement.
         During   the  term  of  this   Agreement,   you  shall   not,   without
         FinancialContent's prior written consent, render any services to others
         for  compensation or engage or participate,  actively or passively,  in
         any   other    business    activities    that   would    compete   with
         FinancialContent's business.

You should be aware that  employment  with  FinancialContent  is for no specific
period  of  time.  As a  result,  either  you or  FinancialContent  are  free to
terminate  our  employment  relationship  at any  time for any  reason,  with or
without cause. This is the full and complete  agreement between us on this term.
Although  your job duties,  title,  compensation  and  benefits,  as well as the
FinancialContent's   personnel   policies  and   procedures,   may  change  from
time-to-time,  the "at-will"  nature of your employment may only be changed in a
written agreement signed by you and the Chief Executive Officer of the Company.

Our  employment  offer  is  contingent  upon a  positive  background  check.  In
addition,  our offer is contingent upon you executing a Proprietary  Information
and Inventions Agreement and upon you executing an Employee Acknowledgement Form
wherein you acknowledge that you have received a copy of the Company's  Employee
Handbook,  and upon you providing the Company with the legally required proof of
your identity and  authorization  to work in the United States prior to starting
work.

Any  controversy  or claim arising out of or relating to this  contract,  or the
breach  thereof,  shall be settled by arbitration  administered  by the American
Arbitration   Association  under  its  National  Rules  for  the  Resolution  of
Employment  Disputes,  and judgment upon the award rendered by the arbitrator(s)
may be entered by any court having jurisdiction thereof.

To accept this offer, please sign and return this letter.

The entire team looks forward to leveraging  your vast experience and talents on
the exciting and challenging opportunities that lie ahead for FinancialContent.

                                   Sincerely,

                                   /s/ Wing Yu
                                   ---------------------
                                   Wing Yu
                                   Chief Executive Officer


                  I have read and accept this employment offer.

                                   /s/ Thomas McAleer
                                   -----------------------
                                   Thomas McAleer

                                   Date: __________________



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