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                                  Exhibit 10.14

                          EMPLOYMENT AGREEMENT BETWEEN
                 SORRENTO NETWORKS CORPORATION AND JOE ARMSTRONG

         This EMPLOYMENT AGREEMENT (the "Agreement") is effective as of the 17th
day of May, 2002. The parties to this Agreement are Sorrento Networks
Corporation, a New Jersey corporation ("the Company") and Joe Armstrong
("Executive").

         This Agreement is made with reference to the following facts:

         A. The Company desires to engage Executive's services on the terms and
            conditions set forth in this Agreement.

         B. Executive desires to be employed by the Company on the terms and
            conditions set forth in this Agreement.

         NOW, THEREFORE, the parties agree as follows:

1.       EMPLOYMENT.

         1.1  The Company hereby employs Executive, and Executive hereby
              accepts employment by the Company, upon the terms and conditions
              set forth in this Agreement.

         1.2  Executive shall serve as Chief Financial Officer of the Company
              and shall report directly to the Company's Chairman and CEO. It
              is possible that Executive may additionally be appointed to other
              leadership positions with the Company's subsidiaries. If so, this
              Agreement, including the compensation provisions, will apply to
              any such additional positions.

         1.3  Executive shall do and perform all services, acts or things
              necessary to manage the financial and administrative affairs of
              the Company, consistent with the bylaws of the Company and as
              required by the Chairman and CEO, which are customarily associated
              with the position of CFO These duties shall include, without
              limitation, overseeing the financial aspects of the Company's
              business, preparation of balance sheets, profit and loss
              statements and all other financial reports and statements required
              by the Company and governmental authorities, and insuring that
              such statements and reports are accurate and in compliance with
              the Company's policies and all applicable laws and regulations,

         1.4  Unless the parties otherwise agree in writing, during the term of
              this Agreement, Executive shall perform his services at the
              Company's corporate offices; provided, however, that the Company
              may from time to time require Executive to travel to other
              locations in connection with the Company's business.





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2.       LOYAL AND CONSCIENTIOUS PERFORMANCE; NONCOMPETITION.

         2.1  Executive shall devote his full business energies, interest,
              abilities and productive time to the Company. Except with the
              prior written consent of the Board, during his employment with the
              Company, Executive will not accept other employment, consulting
              work or render other services to any person, business or
              organization; provided, however, this paragraph shall not preclude
              Executive from engaging in civic, charitable or religious
              activities, or from serving on boards of directors of companies or
              organizations that do not present any conflict with the interests
              of the Company or otherwise adversely affect the performance of
              Executive's duties.

         2.2  Except as permitted herein, Executive agrees not to acquire,
              assume or participate in, directly or indirectly, any position,
              investment or interest that Executive knows or should know is
              adverse or antagonistic to the Company, its business, clients,
              strategic partners, investors or prospects. The passive ownership
              of less than five percent (5%) of the outstanding shares of
              capital stock of any publicly-traded corporation shall not
              constitute a breach of this paragraph.

3.       COMPENSATION.

         3.1  The Company shall pay Executive an annual salary of Two Hundred
              Thousand Dollars ($200,000) per year, payable in accordance with
              the Company's regular payroll practices, effective as of the
              Effective Date of this Agreement. Executive's annual salary shall
              be prorated for any partial year of employment.

         3.2  Executive's annual salary shall be reviewed annually by the Board
              and may be increased by the Board in its sole discretion.

         3.3  Executive shall be paid a lump-sum bonus of $20,000 on June
              1, 2002.

         3.4  Executive shall be entitled to such other bonuses (if any) or
              stock options (if any) in addition to the stock options described
              in this Agreement, as is determined by the Board in its sole
              discretion.

         3.5  All of Executive's compensation shall be subject to customary
              withholding taxes and any other employment taxes as are commonly
              required to be collected or withheld by the Company.

         3.6  The Company agrees to reimburse Executive for all reasonable and
              necessary business expenses incurred during Executive's
              employment, subject to the Company's standard documentation
              requirements. Additionally, the Company shall pay the applicable
              mileage rate for Executive's commute from the Newport Beach area.

         3.7  Executive shall, in accordance with Company policy and the terms
              of the applicable plan documents, be eligible to participate in
              benefits under any benefit plan that may be in effect from time to
              time and made available to its executives or key management
              employees. The Company may modify or cancel its benefit plan(s) in
              its discretion, consistent with the requirements of state or
              federal law.

         3.8  Executive shall, in accordance with Company policy, be entitled to
              five weeks of paid vacation, accrued daily, per year. Executive
              shall not accrue more than ten weeks of vacation, and shall use
              such vacation in a manner that is minimally disruptive to
              Company's business.

         3.9  The Company agrees to defend and indemnify Executive pursuant to
              the Indemnification Agreement attached as Exhibit D.






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         3.10 Subject to the Board's approval through a duly enacted resolution,
              and subject to the provisions below, Executive will be granted an
              option to purchase 210,000 additional shares of FIBR stock ("the
              Option").

              (a) Except as otherwise specifically provided in this Agreement,
              the terms of the Option shall be governed by the Company's
              standard stock option and/or stock plan documentation.

              (b) The exercise price of the Option shall be the NASDAQ closing
              price on June 14 2002.

              (c) The Option shall vest and become exercisable in accordance
              with the following schedule:

                  o    35,000 shares on June 15, 2002 and 35,000 shares on
                       December 1, 2002;

                  o    7,000 shares on the first of each month from January 1,
                       2003 until all the remaining shares are vested.

4.       TERM.

         This Agreement shall be effective as of May 17, 2002. Executive's
         employment under this Agreement is for no specified term. Executive
         shall be an at-will employee, such that either the Company or Executive
         may terminate Executive's employment at any time, with or without cause
         or notice, and with or without reason, subject to the parties' rights
         and obligations as provided in this Agreement. This Agreement shall
         also terminate upon Executive's death or disability, as that term is
         defined in paragraph 6.4 below.

5.       SEVERANCE AND POST-EMPLOYMENT OBLIGATIONS.

         5.1  Upon the termination of Executive's employment for any reason,
              Executive shall be paid his accrued salary plus any accrued and
              unused vacation through the effective date of termination. Except
              as expressly set forth below, Executive's entitlement to salary,
              benefits or other compensation shall cease upon the termination of
              Executive's employment.

         5.2  If Executive's employment is terminated by the Company without
              Cause (as defined in section 6.3(b)), or by Executive for Good
              Reason (as defined in section 6.3(a)), Executive and the Company
              each agree that they shall be bound by the terms of the Consulting
              Agreement attached hereto as Exhibit A. In addition, if, after
              being notified by the Company of his obligation to sign the waiver
              and general release, Executive executes a waiver and general
              release of claims substantially in the form of Exhibit B within 20
              days of the effective date of termination of his employment, the
              Company will immediately vest Executive's then-unvested stock
              options and will, within 72 hours, pay Executive a lump sum amount
              equal to one times (1x) his then-current annual salary. The
              Company will also continue Executive's health and life insurance
              and other benefits for a one (1) year period.

         5.3  If Executive's employment is terminated by the Company for Cause,
              or by the Executive for other than Good Reason, Executive's
              entitlement to salary, benefits or other compensation ends as of
              Executive's termination date. In addition, Executive and the
              Company each agree that they shall be bound by the terms of the
              Consulting Agreement attached hereto as Exhibit A.

              (a) "Good Reason" as used in this Agreement means (i) any breach
                  by the Company of this Agreement, which breach has not been
                  cured within ten (10) business





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                  days after written notice of such breach has been given by
                  Executive to the Company; (ii) any materially adverse change
                  in Executive's status, position or responsibilities; or (iii)
                  any "Change of Control," if Executive tenders his resignation
                  within ninety (90) days of the "Change of Control."

              (b) "Cause" as used in this Agreement means:

                  (i)   the failure or refusal by Executive to perform his
                        duties hereunder that has not been remedied within ten
                        (10) business days after written demand for substantial
                        performance has been delivered to Executive by the
                        Company, which demand identifies the manner in which
                        Company believes that the Executive has not performed
                        such duties and the steps required to cure such failure
                        to perform;

                  (ii)  the conviction of Executive of, or the entering of a
                        plea of nolo contendere by Executive with respect to, a
                        felony;

                  (iii) Executive's drug or alcohol addiction; or

                  (iv)  Executive's death or any disability which prevents
                        Executive from substantially performing the essential
                        functions of his position for a period of 60 days or
                        more. However, in the event of Executive's death,
                        Executive's stock options shall continue to vest for
                        twelve (12) months.

                  (v)   Failure by Executive to follow applicable accounting
                        policies, laws and regulations, and all other applicable
                        local, state, federal laws and regulations governing the
                        Company, including those promulgated by NASDQ, SEC and
                        any other government agencies.

              (c) "Change of Control" shall have occurred if:

                  (i)   a majority of the directors of the Company are persons
                        other than persons: (A) for whose election proxies shall
                        have been solicited by the Board of Directors of the
                        Company, or (B) who are then serving as directors
                        appointed by the Board of Directors to fill vacancies on
                        the Board of Directors caused by death or resignation
                        (but not by removal) or to fill newly-created
                        directorships; or

                  (ii)  fifty-one percent (51%) or more of the outstanding
                        voting power of the Company shall have been acquired
                        after the date hereof (as defined in Rule 13d-3 under
                        the 1934 Act or any successor rule thereto) by any
                        person, or group of two or more persons acting as a
                        partnership, limited partnership, syndicate, or other
                        group acting in concert for the purpose of acquiring,
                        holding or disposing of voting stock of the Company; or

                  (iii) a reorganization, merger, consolidation or other
                        corporate transaction or sale or liquidation or other
                        disposition of all or substantially all of the assets of
                        the Company occurs (other than (i) a transaction with a
                        subsidiary of the Company other than Sorrento Networks,
                        Inc. or (ii) a transaction in which the holders of
                        voting stock of the Company immediately before such
                        disposition as a class continue to hold immediately
                        after the merger at least fifty percent (50%) of all
                        outstanding voting power of the surviving or resulting
                        corporation or its parent (including, without
                        limitation, a company which owns directly or indirectly
                        the Company or all or substantially all of its
                        pre-acquisition assets) in substantially the same
                        proportion as their ownership of common stock of the
                        Company immediately before the transaction).






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6.       CONFIDENTIAL AND PROPRIETARY INFORMATION; NONSOLICITATION.

         6.1  Executive agrees to execute and abide by the Proprietary
              Information and Inventions Agreement attached to this Agreement as
              Exhibit C.

         6.2  Executive recognizes that his employment with the Company will
              involve contact with information of substantial value to the
              Company, which is not generally known, and which gives the Company
              an advantage over its actual or potential competitors who do not
              know or use it. This confidential information includes, but is not
              limited to, techniques, designs, drawings, processes, inventions,
              developments, plans, code, equipment, prototypes, and employee,
              sales, marketing, and customer, business and financial information
              relating to the business, products, practices and techniques of
              the Company (hereinafter referred to as "Confidential and
              Proprietary Information"). During his employment and thereafter,
              Executive will at all times regard and preserve as confidential
              such Confidential and Proprietary Information and will not publish
              or disclose any part of such Confidential and Proprietary
              Information in any manner at any time, or use any Confidential and
              Proprietary Information except on behalf of the Company, without
              the prior written consent of the Company.

         6.3  While employed by the Company and for one (1) year thereafter,
              Executive agrees that in order to protect the Company's
              Confidential and Proprietary Information from unauthorized use,
              that Executive will not, either directly or through others,
              solicit, attempt to solicit or provide any assistance to anyone
              soliciting or attempting to solicit: (i) any employee, consultant
              or independent contractor of the Company to terminate his or her
              relationship with the Company in order to become an employee,
              consultant or independent contractor to or for any other person or
              business entity; or (ii) the business of any customer, partner or
              strategic alliance of the Company which, at the time of
              termination or immediately prior thereto, was doing business with
              the Company, to the extent that that business involves and
              developing, designing, producing, or marketing any product or
              service being developed, designed, produced, or marketed by the
              Company as of the date of termination or immediately prior
              thereto.

7.       TRADE SECRETS OF OTHERS.

         It is the understanding of both the Company and Executive that
         Executive shall not divulge to the Company any confidential information
         or trade secrets belonging to others, including Executive's former
         employers, nor shall the Company seek to elicit from Executive any such
         information. Consistent with the foregoing, Executive shall not provide
         to the Company, and the Company shall not request, any documents or
         copies of documents containing such information.

8.       ASSIGNMENT AND BINDING EFFECT.

         This Agreement shall be binding upon and inure to the benefit of
         Executive and Executive's heirs, executors, personal representatives,
         assigns, administrators and legal representatives. Due to the unique
         and personal nature of Executive's duties under this Agreement, neither
         this Agreement nor any rights or obligations under this Agreement shall
         be assignable by Executive. This Agreement shall be binding upon and
         inure to the benefit of the Company and its successors, assigns and
         legal representatives. The Company will require any successor to all or
         substantially all of the business and/or assets of the Company, to
         expressly assume and agree to perform this Agreement in the same manner
         and to the same extent that the Company would be required to perform it
         if no such succession had taken place.

9.       NOTICES.

         9.1  All notices or demands of any kind required or permitted to be
              given by the Company or Executive under this Agreement shall be
              given in writing and shall be personally





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              delivered (and receipted for) or mailed by certified mail, return
              receipt requested, postage prepaid, addressed as follows:

              If to the Company:

              Sorrento Networks Corporation
              9990 Mesa Rim Road
              San Diego, CA  92121

              If to Executive:

              Joe Armstrong

              ---------------

              ---------------

              ---------------

              Any such written notice shall be deemed received when
              personally delivered or three (3) days after its deposit in
              the United States mail as specified above. Either party may
              change its address for notices by giving notice to the other
              party in the manner specified in this section.

10.      INTERPRETATION; CONSTRUCTION.

         The headings set forth in this Agreement are for convenience of
         reference only and shall not be used in interpreting this Agreement.
         This Agreement has been drafted by legal counsel representing the
         Company, but Executive has consulted with his own independent counsel
         with respect to the terms of this Agreement. Each party and its counsel
         has reviewed and revised, or had an opportunity to review and revise,
         this Agreement, and the normal rule that any ambiguities are to be
         resolved against the drafting party shall not be employed in the
         interpretation of this Agreement.

11.      REPRESENTATIONS AND WARRANTIES.

         Executive represents and warrants that he is not restricted or
         prohibited, contractually or otherwise, from entering into and
         performing each of the terms and covenants contained in this Agreement,
         and that his execution and performance of this Agreement will not
         violate or breach any other agreements between Executive and any other
         person or entity.

12.      ARBITRATION.

         12.1 The parties agree to arbitrate any dispute, claim, or controversy
              arising from or concerning Executive's employment, his termination
              from employment, any terms or conditions of his employment, the
              interpretation or enforcement of this Agreement or the rights and
              duties of any person in relation to this Agreement, including
              without limitation claims of employment discrimination or
              harassment under Title VII of the Civil Rights Act, the California
              Fair Employment & Housing Act, the Age Discrimination in
              Employment Act, the Americans with Disabilities Act, or 42 U.S.C.
              section 1981, claims for violation of the Employment Retirement
              Income Security Act, the California Labor Code, or the Fair Labor
              Standards Act, claims for breach of employment contract or the
              implied covenant of good faith and fair dealing, wrongful
              discharge, or tortious conduct (whether intentional or negligent)
              including defamation, misrepresentation, fraud or infliction of
              emotional distress, but excluding claims for workers' compensation
              benefits or claims for wages before the California Department of
              Industrial Relations (collectively, "Covered Claims").

         12.2 The arbitration shall be conducted by a single neutral arbitrator
              in accordance with the then-current rules issued by the American
              Arbitration Association ("AAA") for resolution of employment
              disputes. The arbitration shall take place in the City of San
              Diego. The





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              Company will pay the fee for the arbitration proceeding, as well
              as any other charges by the AAA.

         12.3 The parties hereby authorize the use of the AAA's Optional Rules
              for Emergency Measures of Protection in any matter involving the
              alleged breach of Executive's obligations regarding
              confidentiality, inventions, non-solicitation or limitations on
              other employment or activities outside of his employment with the
              Company.

         12.4 The Arbitrator shall issue a written award. The award shall be
              final and binding upon the parties. The arbitrator shall have the
              power to award any type of relief that would be available in a
              court of competent jurisdiction. Any award may thereafter be
              entered as a judgment in any court of competent jurisdiction.

         12.5 The parties agree to file any demand for arbitration within the
              time limit established by the applicable statute of limitations
              for the asserted claims. Failure to demand arbitration within the
              prescribed time period shall result in waiver of any claims.

         12.6 It is the intent of the parties to provide for mandatory
              arbitration to the fullest extent of, but not beyond what is
              permitted by, applicable law. A court construing this arbitration
              provision may modify or interpret it to the extent necessary so as
              to render it enforceable. If the parties' agreement to arbitrate
              is declared unenforceable and cannot be administered, interpreted,
              or modified to be enforceable, Executive agrees to waive any right
              he may have to a jury trial with respect to any Covered Claim.

13.      LITIGATION COSTS.

         Should any litigation, arbitration, or administrative action be
         commenced concerning a Covered Claim, the party prevailing in such
         action shall be entitled, in addition to such other relief as may be
         granted, to a reasonable sum for that party's costs and attorney's
         fees, which shall be determined by the court, arbitrator, or
         administrative agency.

14.      AMENDMENT AND WAIVER.

         The provisions of this Agreement may be amended or waived only with the
         prior written consent of the Company and Executive, and no course of
         conduct or failure or delay in enforcing the provisions of this
         Agreement shall affect the validity, binding effect or enforceability
         of this Agreement.




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15.      CHOICE OF LAW.

         This Agreement is made in San Diego, California. The parties agree that
         it shall be construed and interpreted in accordance with the laws of
         the State of California.

16.      INTEGRATION.

         This Agreement (and any attached Exhibits) is the complete, final and
         exclusive agreement of the parties relating to the subject matter of
         this Agreement, and supersedes all prior implied, oral and/or written
         agreements or arrangements between the parties unless otherwise
         expressly provided herein.

17.      ASSUMPTION.

         The Company shall require any successor (whether direct or indirect, by
         purchase, merger, consolidation or otherwise) to all or substantially
         all of the business or assets of the Company, expressly to assume and
         agree to perform this Agreement in the same manner and to the same
         extent that the Company would be required to perform if no such
         succession had taken place.

18.      SEVERABILITY.

         The finding by a court or arbitrator of the unenforceability,
         invalidity or illegality of any provision of this Agreement shall not
         render any other provision of this Agreement unenforceable, invalid or
         illegal. It is the parties' desire that such court or arbitrator should
         modify or replace any invalid or unenforceable term or provision with a
         valid and enforceable term or provision that will most accurately
         represent the parties' intention with respect to the invalid or
         unenforceable term or provision.

            IN WITNESS WHEREOF, the parties have executed this Agreement as of
the date first above written.

                                             SORRENTO NETWORKS CORPORATION


_________________________________________    ___________________________________
JOE ARMSTRONG                                PHILLIP W. ARNESON
                                             Chairman, CEO and President


                                             ___________________________________
                                             ROBERT L. HIBBARD
                                             Chairman, Compensation Committee
                                             Board of Directors