# GENERAL
RELEASE

THIS
GENERAL RELEASE (the Release) is made and entered into this the
__t day of December, 2002 by and between Stealth MediaLabs, Inc., a
Nevada corporation (Stealth), BitzMart, Inc., a Colorado corporation
(Subsidiary, and, together with Stealth, the Company or
Releasor), on the one hand, and GCH Capital, Ltd., a California
corporation (GCH), Corporate Legal Services, LLP, (CLS)
Sherman Mazur (Mazur), Reid Breitman (Breitman, and,
together with GCH, CLS and Mazur, the GCH Parties), on the other
hand.

# Recitals

WHEREAS,
GCH has been retained by Stealth as consultants to the Company pursuant to that
certain Consulting Agreement, effective as of July 1, 2002 (the Consulting
Agreement); and

WHEREAS,
the Company entered into that certain Indemnification Agreement, effective as of
July 1, 2002, by and between Subsidiary and GCH Capital, Ltd., which
Indemnification Agreement was assumed by Stealth pursuant to the terms of that
certain Consulting Agreement, effective as of July 1, 2002, by and between the
Subsidiary and GCH.

WHEREAS,
the Company has agreed to pay GCH a consulting fee of $35,000 relating to
services performed in connection with the acquisition of the Subsidiary by the
Company, and such consulting fee was due and payable on November 10, 2002;

WHEREAS,
the Subsidiary executed that certain Binding Term Sheet, dated July 30, 2002, by
and between the Subsidiary and GCH;

WHEREAS,
Stealth entered into warrant agreements with The Viper Trust, The Morpheus
Trust, The Glacier Trust, The Rebe Trust, Dojo Enterprises, LLC and Picasso, LLC
(the Trust Investors).

WHEREAS,
GCH and the Company now desire to execute this Release to release any and all
Claims that the Company or its Subsidiary may have, had, might have or might
have had against the GCH Parties, except as specifically set forth herein;

# Agreement

NOW,
THEREFORE, in consideration of the mutual promises and agreements herein
contained and other good and valuable consideration (the receipt, sufficiency
and adequacy of the consideration recited immediately preceding are hereby
acknowledged and confessed by all parties), the parties hereby agree that the
recitals set forth above are true and correct, and shall be binding upon the
Company, and the parties also hereby agrees as follows:

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|1. |  | The Company, Subsidiary and their respective current, past and future parents,
subsidiaries, employees, officers, directors, affiliates, agents, heirs,
beneficiaries, legal representatives, successors and assigns hereby release,
acquit and forever discharge the GCH parties, the Trust Investors, Corporate
Legal Services, LLP and each of their respective current, past and future
affiliates, shareholders, directors, officers, employees, agents, heirs,
beneficiaries, legal representatives, successors and assigns from any and all
Claims. For purposes of this Release, Claims means all demands,
complaints, claims, rights, actions, causes of actions, suits, proceedings,
damages (including without limitation for breach or termination of any agreement
or contract, including any employment agreement), judgments, costs, expenses,
compensation (including, without limitation, unpaid compensation accrued for
past employment or other services), promises, agreements, royalty agreements,
contract rights, ownership rights, debts, liabilities, accrued salary or wages,
and obligations of any kind whatsoever, at common law, by statute, contract, or
otherwise, which a releasing party has, had, might have or might have had
against any of the released parties, known or unknown, directly or indirectly to
attributable to any transactions, dealings, or occurrences between any releasing
party and any released party prior to the date of this Release, or resulting
from any act or omission prior to the date of this Release of any person hereby
released, including, without limitation, those arising out of or relating in any
manner to the Company, its business or management, except for the right of the
Company to receive the sum of $31,118 from the Trust Investors, which is
described below.
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|2. |  | By execution of this Release, the Company and Subsidiary represent and warrant
to the Company that no Claim that it has, had, might have or might have had in
the past against any other person or entity released hereby, has previously been
conveyed, assigned, or in any manner transferred, in whole or in part, to any
third party. The officer executing this Agreement expressly represents and
warrants to that he has full authority to enter into this Release and to release
any and all Claims the Company now has, had, might have or might have had in the
past against each person or entity released hereby.
|-- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|3. |  | It is expressly understood and agreed that the terms of this Agreement,
including the recitals contained above, are contractual and not merely
recitations and that the agreements herein contained are to compromise doubtful
and disputed Claims, avoid litigation, and buy peace and that no releases or
other consideration given shall be construed as an admission of liability, all
liability being expressly denied by each party hereto.
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4. |  | It is further understood and agreed that this Agreement contains the entire
agreement between the parties relating to this release and supersedes any and
all prior agreements, arrangements, or understandings between the parties
relating to the subject matter hereof. No oral understandings, statements,
promises, or inducements contrary to the terms of this Agreement exist. This
Agreement cannot be changed or terminated except in writing signed by all
parties hereto. Notwithstanding the foregoing, the parties acknowledge that all
of the Agreements referred to in the Recitals above are and shall remain fully
enforceable and in effect, and shall not be altered by this Agreement, except as
set forth in paragraph 8 below.
|-- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

2

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|5. |  | IT IS FURTHER UNDERSTOOD AND AGREED THAT THIS AGREEMENT SHALL BE GOVERNED BY,
CONSTRUED UNDER, AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
CALIFORNIA.
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | The
Company hereby waives the provisions of Section 1542 of the California Civil
Code, which provides as follows:
| |  | -----------------------------------------------------------------------------------------------------------------

| |  | A
GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR
SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF
KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.
Initials of Releasor:__________
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | The
Company hereby irrevocably covenants to refrain from, directly or indirectly,
asserting any claim or demand, or commencing, instituting or causing to be
commenced, any proceeding of any kind against any of the GCH Parties or other
released parties, based upon any matter purported to be released hereby.
| |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | Without
in any way limiting any of the rights and remedies otherwise available to any
released party, the Company shall indemnify and hold harmless the GCH Parties
and each released party from and against all loss, liability, claim, damage
(including incidental and consequential damages) or expense (including costs of
investigation and defense and reasonable attorneys fees) whether or not
involving third party claims, arising directly or indirectly from or in
connection with (i) the assertion by or on behalf of the Company or any of its
affiliates, parents, subsidiaries, officers, directors, shareholders or
successors of any claim or other matter purported to be released pursuant to
this release and (ii) the assertion by any third party of any claim or demand
against any GCH Party or any party released hereby which claim or demand arises
directly or indirectly from, or in connection with, any assertion by or on
behalf of the Company or any of its affiliates, parents, subsidiaries, officers,
directors, shareholders or successors against such third party of any claims or
other matters purported to be released pursuant to this release.
| |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|6. |  | By execution of this Agreement, the Company warrants and represents that it
understands that this is a full, final, and complete settlement with each party
released hereby of all known and unknown Claims.
|-- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|7. |  | If any provision of this Agreement is held invalid or unenforceable by any court
of competent jurisdiction, the other provisions of this Agreement will remain in
full force and effect. Any provision of this Agreement held invalid or
unenforceable only in part or degree will remain in full force and effect to the
extent not held invalid or unenforceable. Should any court, by judgment or
decree, determine that this Agreement does not fully and finally discharge all
Claims which the Company has, might have, had or might have had in the past,
against any party or other person released hereby, then the Company agrees to
reform this document to release any such Claims not hereby released.
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

3

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|8. |  | The Company will comply with and fully perform all written agreements with any
GCH Party or Trust Investor. This includes the Companys obligation to
promptly file a registration statement on Form S-8, and issue 684,000 shares of
common stock thereunder to principals designated by GCH, which the Company shall
accomplish at the earliest practicable time following the execution hereof, but
not later than December 31, 2002. Notwithstanding the foregoing, the Company
hereby assigns to GCH the receivable of approximately $31,118 due to the Company
from the Trust Investors, and GCH hereby waives its right to receive the $35,000
fee relating to the acquisition of the Subsidiary.
|-- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|9. |  | Governing Law; Consent to Jurisdiction. (a) The interpretation and construction
of this Agreement, and all matters relating hereto, shall be governed by the
laws of the State of California applicable to contracts made and to be performed
entirely within the State of California. (b) Any proceeding, action, litigation
or claim (a Proceeding) arising out of or relating to this Agreement
or any of the transactions contemplated herein may be brought only in the courts
of the State of California, County of Los Angeles, or, if it has or can acquire
jurisdiction, in the United States District Court for the Central District of
California, and each of the parties irrevocably submits to the exclusive
jurisdiction of each such court in any such Proceeding, waives any objection it
may now or hereafter have to venue or to convenience of forum, agrees that all
claims in respect of the Proceeding shall be heard and determined only in any
such court and agrees not to bring any Proceeding arising out of or relating to
this Agreement or any of the transactions contemplated herein in any other
court. The parties agree that either or both of them may file a copy of this
paragraph with any court as written evidence of the knowing, voluntary and
bargained agreement between the parties irrevocably to waive any objections to
venue or to convenience of forum. Each party hereto hereby consents to process
being served in any such action or proceeding by the mailing of a copy thereof
to the address set forth opposite its name below and agrees that such service
upon receipt shall constitute good and sufficient service of process or notice
thereof. Nothing in this paragraph shall affect or eliminate any right to serve
process in any other manner permitted by law.
|-- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10. |  | Waiver of Jury Trial. THE PARTIES HEREBY WAIVE ANY RIGHT TO TRIAL BY
JURY IN ANY PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, WHETHER NOW
EXISTING OR HEREAFTER ARISING, AND WHETHER SOUNDING IN CONTRACT, TORT OR
OTHERWISE. THE PARTIES AGREE THAT ANY OF THEM MAY FILE A COPY OF THIS PARAGRAPH
WITH ANY COURT AS WRITTEN EVIDENCE OF THE KNOWING, VOLUNTARY AND BARGAINED-FOR
AGREEMENT AMONG THE PARTIES IRREVOCABLY TO WAIVE TRIAL BY JURY AND THAT ANY
PROCEEDING WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT OR ANY OF THE
CONTEMPLATED TRANSACTIONS SHALL INSTEAD BE TRIED IN A COURT OF COMPETENT
JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.
|--- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

4

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|11. |  | Execution of Agreement. This Agreement may be executed in one or more
counterparts, each of which will be deemed to be an original copy of this
Agreement and all of which, when taken together, will be deemed to constitute
one and the same agreement. The exchange of copies of this Agreement and of
signature pages by facsimile transmission shall constitute effective execution
and delivery of this Agreement as to the parties and may be used in lieu of the
original Agreement for all purposes. Signatures of the parties transmitted by
facsimile shall be deemed to be their original signatures for all purposes.
|--- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

IN
WITNESS WHEREOF, the undersigned have set their hands hereunto as of the dates
set forth beneath the undersigneds respective signatures below.

COMPANY and
SUBSIDIARY
STEALTH MEDIALABS, INC., a Nevada corporation
BITZMART, INC., a Colorado corporation
By:  /s/ Howard Leventhal
        Howard Leventhal, CEO
By:  /s/ Anon Yaaghoub
        Anon Yaaghoub

|GCH
CAPITAL, LTD.
By:  /s/ Reid Breitman
     Reid Breitman, Managing Director
REID BREITMAN/s/ Reid Breitman
Reid Breitman |  | SHERMAN MAZUR/s/ Sherman Mazur
Sherman Mazur
|--------------------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------

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