AMENDMENT TO EMPLOYMENT AGREEMENT

This amendment agreement is hereby made and entered into this 15th day of March,
1999,  by and  between  Financial  Intranet,  Inc.,  a Nevada  corporation  (the
"Company")  and  Michael  Sheppard,  with an office at 410 Saw Mill River  Road,
Suite B2040, Ardsley, NY 10502 (the "Executive").

                                   WITNESSETH

         WHEREAS,  the  Company and the  Executive  entered  into an  Employment
Agreement,  dated September 12, 1997 (the  "Agreement"),  as amended on December
15, 1998 and now desire to amend the Agreement.

        NOW  THEREFORE,  in  consideration  of the  foregoing  and of the mutual
covenants  and  promises  hereinafter  set forth and for other good and valuable
consideration,  the receipt and adequacy of which is hereby acknowledged,  it is
agreed as follows:

         1. Subparagraph  (c)  of paragraph 3 of the Agreement is hereby deleted
and the following is hereby substituted in its place:

        (C) (I) The  parties  acknowledge  that as of  December  31,  1998,  the
Executive  has been  granted  an  option  to  purchase  2,231,352  shares of the
Company's Common Stock. The exercise price shall be $.19 per share.

        All  options  granted under this Employment Agreement expire on December
31, 2002,  subject to termination on such other date as provided as follows (the
"Option Period").  Upon termination,  the Executive shall not be entitled to any
additional options. If the Executive dies, the Executive's estate shall have the
right to exercise  any  options  granted  hereunder  until the end of the Option
Period. In the event the Executive  voluntarily leaves the employ of the Company
, any option then held by the  Executive  shall  terminate  immediately.  In the
event  that the  Executive's  employment  is  terminated  for any  reason by the
Company, any option then held by the Executive shall terminate 90 days following
such  termination,  provided that any options shall terminate  immediately  upon
termination for cause.

                (II) Any option  granted to the  Executive  is  personal  to the
Executive and is not assignable by the Executive. All options shall be exercised
by written notice as called for in this  Employment  Agreement.  Delivery of the
certificates representing the shares called for under the within option shall be
made promptly  after receipt of such notice of exercise,  against the payment of
the purchase price by certified check or cashier's check.

                (III)  Shares  issued  pursuant  to the grant of the  options in
accordance  with  the  terms  of  this  agreement  may not be  sold,  exchanged,
transferred,  pledged, hypothecated, or otherwise disposed of except as provided
for under Rule 144 of the Securities  and Exchange Act of 1933 (the "Act").  The
following shall apply:




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                   (A)    Said Common Stock must be held indefinitely unless (1)
distribution of said Common Stock has been made registered under the Act, (2) as
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;

                   (B)    The  Executive  will  not  make  any sale, transfer or
other disposition  of  said  Common  Stock except in compliance with the Act and
Rules and Regulations thereunder;

                   (C)    The  Executive  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 the  Executive or on his
behalf or to take any other action necessary in order to make compliance with an
exemption from registration available;

                (V)  There  will  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."

                (VI) The  number of Shares  subject  to this  Option  during the
Option Period shall be cumulative as to all prior dates of calculation and shall
be adjusted for any stock  dividend,  subdivision,  split-up or  combination  of
common stock.

                (VII)The exercise price shall subject to adjustment from time to
time as follows:
                         (1)If, at any time during the Option Period, the number
of shares of common stock  outstanding is increased by a stock dividend  payable
in shares of common stock, then, immediately following the record date fixed for
the  determination of holders of shares of common stock entitled to receive such
stock   dividend,   subdivision  or  split-up,   the  exercise  price  shall  be
appropriately  decreased  so that the  number of Shares  included  in the Shares
issuable  upon the exercise  hereof shall be  increased  in  proportion  to such
increase in outstanding shares.

                         (2)If, at any time during the Option Period, the number
of  shares  of  common  stock  outstanding  is  decreased  by a  combination  of
outstanding shares of common stock, then,  immediately following the record date
for such  combination,  the exercise price shall be  appropriately  increased so
that the number of Shares  issuable upon the exercise  hereof shall be decreased
in outstanding shares.




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                (VIII)  The  parties  acknowledge  that  the  Executive  is  not
currently  entitled  to any  additional  options or  warrants  pursuant  to this
agreement or any previous agreement with the Company.

         2.    Except  as  herein  provided,  the Agreement shall remain in full
force and effect.

        IN WITNESS WHEREOF, the  parties  hereto  have  caused the due execution
hereof the day and year first above written.

                                                        Financial Intranet


                                                        By:   /s/Maura Marx,
                                                        Executive Vice President

                                                            /s/Michael Sheppard