EXHIBIT 10.15


                              CONSULTING AGREEMENT


THIS AGREEMENT is entered into this 15th day of September, 2003, between



Magnitude Information Systems, Inc.
401 State Route 24                                      (the "Company" or "MIS")
Chester, New Jersey 07930, USA

and

Premium Strategy Partners AG Rudenplatz 2
Postfach 2701                                           ("Consultant")
8022 Zurich, Switzerland


WHEREAS,  MIS through its  subsidiary  Magnitude,  Inc. is  marketing  ergonomic
software known as ErgoManager(TM),  an integrated suite of software products, as
well as similar software products,  providing  businesses and individuals with a
system  for  the  evaluation  and  management  of  ergonomic  risk  factors  and
productivity in today's office workplace; and

WHEREAS, MIS has numerous  shareholders in Switzerland and other German-speaking
areas in Europe and wishes to provide this  audience with as frequent and timely
distributed  information as possible regarding its business and related affairs;
and

WHEREAS,  MIS wishes to expand its shareholder  base in above  geographic  areas
through  accommodation  of  potential  investors  who may express an interest in
investing in the Company's equity; and

 WHEREAS,  Consultant  has  expertise  in the  area of  investor  relations  and
communications,  and maintains frequent contacts to individual private investors
in Switzerland  and elsewhere,  including  parties  already  engaged with MIS as
investors and shareholders.

NOW, THEREFORE, the parties agree as follows:



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1.       TERM OF THE AGREEMENT.

         Subject to approval by MIS' board of directors,  this  Agreement  shall
commence on the date hereof and shall  continue for a term of 12 months.  (until
September 15, 2004)

2.       CONSULTATIVE SERVICES TO BE PROVIDED BY CONSULTANT

          Consultant will endeavor to acquaint  himself with the business of the
Company  including  but not  limited to its  background,  management,  financial
history,  prospects,  operational  history  and  organization.  Based  upon  the
foregoing,  Consultant  will  use his  best  efforts,  resources  and  contacts,
including  those of his  associates,  to maintain the highest  possible level of
communications  with  shareholders  of the Company and maximize the audience for
the  Company  and its  business,  in  Switzerland  and  other  parts of  Europe.
Consultant shall be solely  responsible for his own expenses incurred in pursuit
of these endeavors,  including travel,  entertainment,  telephone,  mailings and
presentations,  except  where  the  Company  agrees  to  otherwise  in  advance.
Consultant will

o        Include,  where  appropriate,  the Company in  newsletters or circulars
         that he may publish or distribute from time to time;

o        Translate into the German language and disseminate to shareholders  and
         potential  investors,  from time to time and as agreed upon between MIS
         and Consultant, press releases, financial and business information of a
         public nature;

o        Actively  communicate  with  existing  shareholders  in  Europe  in all
         matters  relating to their status as shareholders of MIS, and offer and
         undertake to facilitate their communication with the Company;

o        Conduct meetings and seminars, as agreed upon with MIS, for the purpose
         of presenting the Company to potential new investors.

3.       COMPANY UNDERTAKINGS

         The  Company  agrees  to  furnish  Consultant  complete  copies  of all
relevant public  documents,  contracts and such other data,  materials and other
information  as  Consultant  shall  reasonably  request in  connection  with his
activities  hereunder.  The Company recognizes that Consultant will be using and
relying on data, materials and other information furnished to him by the Company
and  the  Company's  accountants  and  representatives,   and  upon  information
contained in reports and  statements  relating to the  Company's  business.  The
Company  confirms  that  Consultant  may rely  upon  such  data,  materials  and
information  without  independent  verification  and Consultant  does not assume
responsibility  for the accuracy,  completeness or fairness of such  information
whether or not he makes any independent verification. The Company agrees to make
its principals available upon reasonable notice for meetings,  presentations and
demonstrations and further agrees that the Company's principals shall give their
cooperation to Consultant to make his  appointment  successful in terms of above
stated undertakings.

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4.       COMPENSATION

         In  consideration  of the aforesaid  services and in lieu of a retainer
and expense reimbursement, MIS shall issue to Consultant, for every month during
the term of this Agreement,  47,500  restricted  shares of the Company's  common
stock bearing piggy-back registration rights

In  addition,  Consultant  shall be entitled  to receive a finder's  fee of 10%,
payable at 50% in cash and 50% in form of  restricted  shares valued at the same
price as the underlying investment, on every equity investment transacted by the
Company with  investors  referred to it by  Consultant  and who are qualified as
non-U.S.  persons for purposes of Regulation S promulgated  under the Securities
Act of 1933 and which investment transactions are consummated during the term of
this Agreement.

5.       INDEPENDENT CONTRACTOR / NON-EXCLUSIVITY

         Consultant  shall  not  be an  agent  or  employee  of MIS  but  act as
independent  outside  contractor.  Consultant  may not  enter  into any  binding
commitments  on behalf of MIS and shall not legally  bind or obligate MIS in any
way.  This  Agreement  shall  not be  deemed  to  provide  Consultant  with  any
exclusivity or other rights unless expressly set forth herein.

6.       CONFIDENTIALITY

         Consultant  shall  adhere  to the  terms  and  conditions  of a certain
Confidentiality  Agreement  executed  and  delivered  simultaneously  with  this
Agreement all of whose terms and  provisions are hereby  incorporated  into this
Agreement by reference and made a part hereof.

7.        LAW GOVERNING AGREEMENT.

          This Agreement shall be governed by and  interpreted  according to the
laws of the State of New  Jersey,  excluding  any  choice of law rules  that may
direct the application of the laws of any other jurisdiction.

8.       AMENDMENT AND MODIFICATION

         This Agreement shall not be amended, modified or supplemented except by
a writing signed by both parties.


IN WITNESS  WHEREOF,  the parties have  executed  this  Agreement as of the day,
month, and year first above set forth.


MAGNITUDE INFORMATION SYSTEMS, INC.            CONSULTANT:


By:                                            By:
    ----------------------------                   -----------------------------
    Steven D. Rudnik, President                    Ueli Schuerch/ Dieter Luscher