Document:

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                                                                   EXHIBIT 10.15

                         NOTIFY TECHNOLOGY CORPORATION

                             STOCK OPTION AGREEMENT

I. NOTICE OF STOCK OPTION GRANT
   ----------------------------
     Dane Russell
     8160 Oak Court
     Gilroy, CA  95020

     You have been granted an option to purchase Common Stock of the Company,
subject to the terms and conditions of this Option Agreement, as follows:

     Date of Grant                       November 11, 1999

     Vesting Commencement Date           November 1, 1999

     Exercise Price per Share            $7.906

     Total Number of Shares Granted      40,000

     Total Exercise Price                $316,240

     Type of Option:                          Incentive Stock Option
                                         ---

                                          X   Nonstatutory Stock Option
                                         ---

     Term/Expiration Date:               10 years / October 31, 2009

     Vesting Schedule:
     -----------------

     This Option may be exercised, in whole or in part, in accordance with the
following schedule:

     25% of the Shares subject to the Option shall vest twelve months after the
Vesting Commencement Date, and 1/48 of the Shares subject to the Option shall
vest each month thereafter, subject to the Optionee continuing to be a Service
Provider on such dates.

     Termination Period:
     ------------------

     This Option may be exercised for three (3) months after Optionee ceases to
be a Service Provider.  Upon the death or Disability of Optionee, this Option
may be exercised for such longer period as provided in this Option Agreement.
In no event shall this Option be exercised later than the Expiration Date as
provided above.
<PAGE>

II. AGREEMENT
    ---------

     1.  Definitions.  As used herein, the following definitions shall apply:
         -----------

         (a)  "Applicable Laws" means U. S. state corporate laws, U.S. federal
               ---------------
and state securities laws, the Code, any stock exchange or quotation system on
which the Common Stock is listed or quoted and the applicable laws of any
foreign country or jurisdiction where Options are, or will be, granted
hereunder.

         (b)  "Board" means the Board of Directors of the Company.
               -----

         (c)  "Code" means the Internal Revenue Code of 1986, as amended.
               ----

         (d)  "Common Stock" means the common stock of the Company.
               ------------

         (e)  "Company" means Notify Technology Corporation, a California
               -------
corporation.

         (f)  "Consultant" means any person, including an advisor, engaged by
               ----------
the Company or a Parent or Subsidiary to render services to such entity.

         (g)  "Director" means a member of the Board.
               --------

         (h)  "Disability" means total and permanent disability as defined in
               ----------
Section 22(e)(3) of the Code.

         (i)  "Employee" means any person, including Officers and Directors,
               --------
employed by the Company or any Parent or Subsidiary of the Company. A Service
Provider shall not cease to be an Employee in the case of (i) any leave of
absence approved by the Company or (ii) transfers between locations of the
Company or between the Company, its Parent, any Subsidiary, or any successor.
Neither service as a Director nor payment of a director's fee by the Company
shall be sufficient to constitute "employment" by the Company.

         (j)  "Exchange Act" means the Securities Exchange Act of 1934, as
               ------------
amended.

         (k)  "Fair Market Value" means, as of any date, the value of Common
               -----------------
Stock determined as follows:

              (i)  If the Common Stock is listed on any established stock
exchange or a national market system, including without limitation the Nasdaq
National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its
Fair Market Value shall be the closing sales price for such stock (or the
closing bid, if no sales were reported) as quoted on such exchange or system for
the last market trading day prior to the time of determination, as reported in
The Wall Street Journal or such other source as the Company deems reliable;

              (ii) If the Common Stock is regularly quoted by a recognized
securities dealer but selling prices are not reported, the Fair Market Value of
a Share of Common Stock shall
<PAGE>

be the mean between the high bid and low asked prices for the Common Stock on
the last market trading day prior to the day of determination, as reported in
The Wall Street Journal or such other source as the Company deems reliable; or

              (iii)  In the absence of an established market for the Common
Stock, the Fair Market Value shall be determined in good faith by the Company.

         (l)  "Officer" means a person who is an officer of the Company within
               -------
the meaning of Section 16 of the Exchange Act and the rules and regulations
promulgated thereunder.

         (m)  "Optioned Stock" means the Common Stock subject to an Option.
               --------------

         (n)  "Optionee" means the holder of an outstanding Option granted
               --------
hereunder.

         (o)  "Parent" means a "parent corporation," whether now or hereafter
               ------
existing, as defined in Section 424(e) of the Code.

         (p)  "Service Provider" means an Employee, Director or Consultant.
               ----------------

         (q)  "Share" means a share of the Common Stock, as adjusted in
               -----
accordance with Section 13.

         (r)  "Subsidiary" means a "subsidiary corporation", whether now or
               ----------
hereafter existing, as defined in Section 424(f) of the Code.

     2.  Grant of Option.  The Company hereby grants to the Optionee named in
         ---------------
Section I of this Agreement (the "Optionee") an option (the "Option") to
purchase the number of Shares, as set forth in Section I, at the exercise price
per share set forth in the Section I (the "Exercise Price").

     3.  Exercise of Option.
         ------------------

         (a)  Right to Exercise.  This Option is exercisable during its term in
              -----------------
accordance with the Vesting Schedule set out in Section I and the applicable
provisions of this Option Agreement.

         (b)  Method of Exercise.  This Option is exercisable by delivery of an
              ------------------
exercise notice, in the form attached as Exhibit A (the "Exercise Notice"),
                                         ---------
which shall state the election to exercise the Option, the number of Shares in
respect of which the Option is being exercised (the "Exercised Shares"), and
such other representations and agreements as may be required by the Company
pursuant to this Agreement. The Exercise Notice shall be completed by Optionee
and delivered to the Chief Financial Officer of the Company. The Exercise Notice
shall be accompanied by payment of the aggregate Exercise Price as to all
Exercised Shares. This Option shall be deemed to be exercised upon receipt by
the Company of such fully executed Exercise Notice accompanied by such aggregate
Exercise Price.

         (c)  Termination of Relationship as a Service Provider.  If Optionee
              -------------------------------------------------
ceases to be a Service Provider, other than upon Optionee's death or Disability,
Optionee may exercise this Option
<PAGE>

for three (3) months following Optionee's termination to the extent that the
Option is vested on the date of termination (but in no event later than the
expiration date of such Option as set forth in Section I). If, after
termination, Optionee does not exercise this Option within the above three-month
period, the Option shall terminate.

         (d)  Disability of Optionee.  If Optionee ceases to be a Service
              ----------------------
Provider as a result of Optionee's Disability, Optionee may exercise this Option
for twelve (12) months following Optionee's termination to the extent the Option
is vested on the date of termination (but in no event later than the expiration
date of such Option as set forth in Section I). If, after termination, Optionee
does not exercise this Option within the above twelve-month period, the Option
shall terminate.

         (e)  Death of Optionee.  If Optionee dies while a Service Provider, the
              -----------------
Option may be exercised for twelve (12) months following Optionee's death (but
in no event later than the expiration date of such Option as set forth in
Section I), by Optionee's estate or by a person who acquires the right to
exercise the Option by bequest or inheritance, but only to the extent that the
Option is vested on the date of death. The Option may be exercised by the
executor or administrator of Optionee's estate or, if none, by the person(s)
entitled to exercise the Option under Optionee's will or the laws of descent or
distribution. If the Option is not so exercised within the time specified
herein, the Option shall terminate.

         (f)  Buyout Provisions.  The Company may at any time offer to buy out
              -----------------
for a payment in cash or Shares an Option previously granted based on such terms
and conditions as the Company shall establish and communicate to Optionee at the
time that such offer is made.

     No Shares shall be issued pursuant to the exercise of this Option unless
such issuance and exercise complies with Applicable Laws.  Assuming such
compliance, for income tax purposes the Exercised Shares shall be considered
transferred to Optionee on the date the Option is exercised with respect to such
Exercised Shares.

     4.  Method of Payment.  Payment of the aggregate Exercise Price shall be by
         -----------------
any of the following, or a combination thereof, at the election of Optionee:

                            a)  cash; or

                            b)  check; or

                            c)  surrender of other Shares which (i) in the case
of Shares acquired upon exercise of an option, have been owned by Optionee for
more than six (6) months on the date of surrender, and (ii) have a Fair Market
Value on the date of surrender equal to the aggregate Exercise Price of the
Exercised Shares; or

                            d)  with the Company's consent, delivery of
Optionee's promissory note (the "Note") in the form attached hereto as Exhibit
                                                                       -------
C, in the amount of the aggregate Exercise Price of the Exercised Shares
-
together with the execution and delivery by Optionee of the Security Agreement
attached hereto as Exhibit B. The Note shall bear interest at the "applicable
                   ---------
federal rate" prescribed under the Code and its regulations at time of purchase,
and shall be secured by a pledge of the Shares purchased by the Note pursuant to
the Security Agreement.
<PAGE>

     5.  Non-Transferability of Option.  Unless determined otherwise by the
         -----------------------------
Company, this Option may not be transferred in any manner otherwise than by will
or by the laws of descent or distribution and may be exercised during the
lifetime of Optionee only by Optionee. The terms of this Option Agreement shall
be binding upon the executors, administrators, heirs, successors and assigns of
Optionee.

     6.  Term of Option.  This Option may be exercised only within the term set
         --------------
out in Section I, and may be exercised during such term only in accordance with
the terms of this Option Agreement.

     7.  Adjustments Upon Changes in Capitalization, Dissolution, Merger or
         ------------------------------------------------------------------
Asset Sale.
----------

         (a)  Changes in Capitalization.  Subject to any required action by the
              -------------------------
shareholders of the Company, the number of shares of Common Stock covered by an
outstanding Option, as well as the price per share of Common Stock covered by
such outstanding Option, shall be proportionately adjusted for any increase or
decrease in the number of issued shares of Common Stock resulting from a stock
split, reverse stock split, stock dividend, combination or reclassification of
the Common Stock, or any other increase or decrease in the number of issued
shares of Common Stock effected without receipt of consideration by the Company;
provided, however, that conversion of any convertible securities of the Company
shall not be deemed to have been "effected without receipt of consideration."
Such adjustment shall be made by the Board, whose determination in that respect
shall be final, binding and conclusive. Except as expressly provided herein, no
issuance by the Company of shares of stock of any class, or securities
convertible into shares of stock of any class, shall affect, and no adjustment
by reason thereof shall be made with respect to, the number or price of shares
of Common Stock subject to an Option.

         (b)  Dissolution or Liquidation.  In the event of the proposed
              --------------------------
dissolution or liquidation of the Company, the Company shall notify Optionee as
soon as practicable prior to the effective date of such proposed transaction.
The Company in its discretion may provide for Optionee to have the right to
exercise this Option until ten (10) days prior to such transaction as to all of
the Optioned Stock covered thereby, including Shares as to which the Option
would not otherwise be exercisable. In addition, the Company may provide that
any Company repurchase option applicable to any Shares purchased upon exercise
of an Option shall lapse as to all such Shares, provided the proposed
dissolution or liquidation takes place at the time and in the manner
contemplated. To the extent it has not been previously exercised, an Option will
terminate immediately prior to the consummation of such proposed action.

         (c)  Merger or Asset Sale.  In the event of a merger of the Company
              --------------------
with or into another corporation, or the sale of substantially all of the assets
of the Company, an outstanding Option shall be assumed or an equivalent option
or right substituted by the successor corporation or a Parent or Subsidiary of
the successor corporation. In the event that the successor corporation refuses
to assume or substitute for the Option, Optionee shall fully vest in and have
the right to exercise the Option as to all of the Optioned Stock, including
Shares as to which it would not otherwise be vested or exercisable. If an Option
becomes fully vested and exercisable in lieu of assumption or substitution in
the event of a merger or sale of assets, the Company shall notify Optionee in
writing or electronically that the Option shall be fully vested and exercisable
for a period
<PAGE>

of fifteen (15) days from the date of such notice, and the Option shall
terminate upon the expiration of such period. For the purposes of this
paragraph, the Option shall be considered assumed if, following the merger or
sale of assets, the option or right confers the right to purchase or receive,
for each Share of Optioned Stock subject to the Option immediately prior to the
merger or sale of assets, the consideration (whether stock, cash, or other
securities or property) received in the merger or sale of assets by holders of
Common Stock for each Share held on the effective date of the transaction (and
if holders were offered a choice of consideration, the type of consideration
chosen by the holders of a majority of the outstanding Shares); provided,
however, that if such consideration received in the merger or sale of assets is
not solely common stock of the successor corporation or its Parent, the Company
may, with the consent of the successor corporation, provide for the
consideration to be received upon the exercise of the Option, for each Share of
Optioned Stock subject to the Option, to be solely common stock of the successor
corporation or its Parent equal in fair market value to the per share
consideration received by holders of Common Stock in the merger or sale of
assets.

     8.  Investment Representations.  As a condition to the exercise of an
         --------------------------
Option, the Company may require the person exercising such Option to represent
and warrant at the time of any such exercise that the Shares are being purchased
only for investment and without any present intention to sell or distribute such
Shares if, in the opinion of counsel for the Company, such a representation is
required.

     9.  Inability to Obtain Authority.  The inability of the Company to obtain
         -----------------------------
authority from any regulatory body having jurisdiction, which authority is
deemed by the Company's counsel to be necessary to the lawful issuance and sale
of any Shares hereunder, shall relieve the Company of any liability in respect
of the failure to issue or sell such Shares as to which such requisite authority
shall not have been obtained.

     10. Tax Consequences.  Some of the federal tax consequences relating to
         ----------------
this Option, as of the date of this Option, are set forth below. THIS SUMMARY IS
NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE.
OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING
OF THE SHARES.

         (a)  Exercising the Option. Optionee may incur regular federal income
              ---------------------
tax liability upon exercise of an Option. Optionee will be treated as having
received compensation income (taxable at ordinary income tax rates) equal to the
excess, if any, of the Fair Market Value of the Exercised Shares on the date of
exercise over their aggregate Exercise Price. If Optionee is an Employee or a
former Employee, the Company will be required to withhold from his or her
compensation or collect from Optionee and pay to the applicable taxing
authorities an amount in cash equal to a percentage of this compensation income
at the time of exercise, and may refuse to honor the exercise and refuse to
deliver Shares if such withholding amounts are not delivered at the time of
exercise.

         (b)  Disposition of Shares.  If Optionee holds Shares for at least one
              ---------------------
year, any gain realized on disposition of the Shares will be treated as long-
term capital gain for federal income tax purposes.
<PAGE>

     11. Entire Agreement; Governing Law.  This Option Agreement constitutes the
         -------------------------------
entire agreement of the parties with respect to the subject matter hereof and
supersede in their entirety all prior undertakings and agreements of the Company
and Optionee with respect to the subject matter hereof, and may not be modified
adversely to Optionee's interest except by means of a writing signed by the
Company and Optionee.  This agreement is governed by the internal substantive
laws, but not the choice of law rules, of California.

     12. NO GUARANTEE OF CONTINUED SERVICE. OPTIONEE ACKNOWLEDGES AND AGREES
         ---------------------------------
 THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED
 ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (AND NOT
 THROUGH THE ACT OF BEING HIRED, BEING GRANTED AN OPTION OR PURCHASING SHARES
 HEREUNDER). OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE
 TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN
 DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A
 SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL
 NOT INTERFERE WITH OPTIONEE'S RIGHT OR THE COMPANY'S RIGHT TO TERMINATE
 OPTIONEE'S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT
 CAUSE.
<PAGE>

     By your signature and the signature of the Company's representative below,
you and the Company agree that this Option is granted under and governed by the
terms and conditions of this Option Agreement.  Optionee has reviewed this
Option Agreement in its entirety, has had an opportunity to obtain the advice of
counsel prior to executing this Option Agreement and fully understands all
provisions of the Option Agreement.  Optionee hereby agrees to accept as
binding, conclusive and final all decisions or interpretations of the Company
upon any questions relating to the Option Agreement.  Optionee further agrees to
notify the Company upon any change in the residence address indicated below.

OPTIONEE:                           NOTIFY TECHNOLOGY CORPORATION

 /s/  Dane Russell                   /s/  Gerald Rice
---------------------------         --------------------------------
Signature                           By

Dane Russell                        Chief Financial Officer
---------------------------         --------------------------------
Print Name                          Title

---------------------------
Residence Address

---------------------------
<PAGE>

                                  CONSENT OF SPOUSE
                                  -----------------

    The undersigned spouse of Optionee has read and hereby approves the terms
and conditions of this Option Agreement.  In consideration of the Company's
granting his or her spouse the right to purchase Shares as set forth in this
Option Agreement, the undersigned hereby agrees to be irrevocably bound by the
terms and conditions of this Option Agreement and further agrees that any
community property interest shall be similarly bound.  The undersigned hereby
appoints the undersigned's spouse as attorney-in-fact for the undersigned with
respect to any amendment or exercise of rights under this Option Agreement.

                              _______________________________________

                              Spouse of Optionee
<PAGE>

                                   EXHIBIT A
                                   ---------

                         NOTIFY TECHNOLOGY CORPORATION

                                EXERCISE NOTICE

Notify Technology Corporation
1054 South De Anza Blvd.
San Jose, California  95129

Attention:  [Title]

    1.  Exercise of Option.  Effective as of today, ________________, 200__, the
        ------------------
undersigned ("Purchaser") hereby elects to purchase ______________ shares (the
"Shares") of the Common Stock of Notify Technology Corporation (the "Company")
under and pursuant to the Stock Option Agreement dated, November 11, 1999 (the
"Option Agreement").  The purchase price for each Share shall be $7.906, as
required by the Option Agreement.

    2.  Delivery of Payment.  Purchaser herewith delivers to the Company the
        -------------------
full purchase price for the Shares.

    3.  Representations of Purchaser.  Purchaser acknowledges that Purchaser has
        ----------------------------
received, read and understood the Option Agreement and agrees to abide by and be
bound by its terms and conditions.

    4.  Rights as Shareholder.  Until the issuance (as evidenced by the
        ---------------------
appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company) of the Shares, no right to vote or receive dividends or
any other rights as a shareholder shall exist with respect to the Optioned
Stock, notwithstanding the exercise of the Option. The Shares so acquired shall
be issued to Optionee as soon as practicable after exercise of the Option. No
adjustment will be made for a dividend or other right for which the record date
is prior to the date of issuance, except as provided in Section _____ of the
Option Agreement.

    5.  Tax Consultation.  Purchaser understands that Purchaser may suffer
        ----------------
adverse tax consequences as a result of Purchaser's purchase or disposition of
the Shares. Purchaser represents that Purchaser has consulted with any tax
consultants Purchaser deems advisable in connection with the purchase or
disposition of the Shares and that Purchaser is not relying on the Company for
any tax advice.

    6.  Entire Agreement; Governing Law.  The Option Agreement is incorporated
        -------------------------------
herein by reference.  This Agreement and the Option Agreement constitute the
entire agreement of the parties with respect to the subject matter hereof and
supersede in their entirety all prior undertakings and agreements of the Company
and Purchaser with respect to the subject matter hereof, and may not be modified
adversely to the Purchaser's interest except by means of a writing signed by the
Company
<PAGE>

and Purchaser. This agreement is governed by the internal substantive laws, but
not the choice of law rules, of California.

Submitted by:                         Accepted by:

PURCHASER:                            NOTIFY TECHNOLOGY CORPORATION

________________________________      __________________________________
Signature                             By

________________________________      __________________________________
Print Name                            Its

Address:                              Address:
-------                               -------

________________________________      Notify Technology Corporation
                                      1054 South De Anza Blvd.
________________________________      San Jose, California  95129

                                      __________________________________
                                      Date Received
<PAGE>

                                   EXHIBIT B
                                   ---------

                               SECURITY AGREEMENT

     This Security Agreement is made as of __________, 200__ between Notify
Technology Corporation, a California corporation ("Pledgee"), and
_________________________ ("Pledgor").

                                    Recitals
                                    --------

     Pursuant to Pledgor's election to purchase Shares under the Option
Agreement dated ________ (the "Option"), between Pledgor and Pledgee, and
Pledgor's election under the terms of the Option to pay for such shares with his
promissory note (the "Note"), Pledgor has purchased _________ shares of
Pledgee's Common Stock (the "Shares") at a price of $________ per share, for a
total purchase price of $__________.  The Note and the obligations thereunder
are as set forth in Exhibit C to the Option.

     NOW, THEREFORE, it is agreed as follows:

     1.  Creation and Description of Security Interest.  In consideration of the
         ---------------------------------------------
transfer of the Shares to Pledgor under the Option Agreement, Pledgor, pursuant
to the California Commercial Code, hereby pledges all of such Shares (herein
sometimes referred to as the "Collateral") represented by certificate number
______, duly endorsed in blank or with executed stock powers, and herewith
delivers said certificate to the Secretary of Pledgee ("Pledgeholder"), who
shall hold said certificate subject to the terms and conditions of this Security
Agreement.

     The pledged stock (together with an executed blank stock assignment for use
in transferring all or a portion of the Shares to Pledgee if, as and when
required pursuant to this Security Agreement) shall be held by the Pledgeholder
as security for the repayment of the Note, and any extensions or renewals
thereof, to be executed by Pledgor pursuant to the terms of the Option, and the
Pledgeholder shall not encumber or dispose of such Shares except in accordance
with the provisions of this Security Agreement.

     2.  Pledgor's Representations and Covenants.  To induce Pledgee to enter
         ---------------------------------------
into this Security Agreement, Pledgor represents and covenants to Pledgee, its
successors and assigns, as follows:

         (a)  Payment of Indebtedness.  Pledgor will pay the principal sum of
              -----------------------
the Note secured hereby, together with interest thereon, at the time and in the
manner provided in the Note.

         (b)  Encumbrances.  The Shares are free of all other encumbrances,
              ------------
defenses and liens, and Pledgor will not further encumber the Shares without the
prior written consent of Pledgee.

         (c)  Margin Regulations.  In the event that Pledgee's Common Stock is
              ------------------
now or later becomes margin-listed by the Federal Reserve Board and Pledgee is
classified as a "lender" within the meaning of the regulations under Part 207 of
Title 12 of the Code of Federal Regulations
<PAGE>

("Regulation G"), Pledgor agrees to cooperate with Pledgee in making any
amendments to the Note or providing any additional collateral as may be
necessary to comply with such regulations.

     3.  Voting Rights.  During the term of this pledge and so long as all
         -------------
payments of principal and interest are made as they become due under the terms
of the Note, Pledgor shall have the right to vote all of the Shares pledged
hereunder.

     4.  Stock Adjustments.  In the event that during the term of the pledge any
         -----------------
stock dividend, reclassification, readjustment or other changes are declared or
made in the capital structure of Pledgee, all new, substituted and additional
shares or other securities issued by reason of any such change shall be
delivered to and held by the Pledgee under the terms of this Security Agreement
in the same manner as the Shares originally pledged hereunder.  In the event of
substitution of such securities, Pledgor, Pledgee and Pledgeholder shall
cooperate and execute such documents as are reasonable so as to provide for the
substitution of such Collateral and, upon such substitution, references to
"Shares" in this Security Agreement shall include the substituted shares of
capital stock of Pledgor as a result thereof.

     5.  Options and Rights.  In the event that, during the term of this pledge,
         ------------------
subscription Options or other rights or options shall be issued in connection
with the pledged Shares, such rights, Options and options shall be the property
of Pledgor and, if exercised by Pledgor, all new stock or other securities so
acquired by Pledgor as it relates to the pledged Shares then held by
Pledgeholder shall be immediately delivered to Pledgeholder, to be held under
the terms of this Security Agreement in the same manner as the Shares pledged.

     6.  Default.  Pledgor shall be deemed to be in default of the Note and of
         -------
this Security Agreement in the event:

         (a)  Payment of principal or interest on the Note shall be delinquent
for a period of 10 days or more; or

         (b)  Pledgor fails to perform any of the covenants set forth in the
Option or contained in this Security Agreement for a period of 10 days after
written notice thereof from Pledgee.

     In the case of an event of Default, as set forth above, Pledgee shall have
the right to accelerate payment of the Note upon notice to Pledgor, and Pledgee
shall thereafter be entitled to pursue its remedies under the California
Commercial Code.

     7.  Release of Collateral.  Subject to any applicable contrary rules under
         ---------------------
Regulation G, there shall be released from this pledge a portion of the pledged
Shares held by Pledgeholder hereunder upon payments of the principal of the
Note.  The number of the pledged Shares which shall be released shall be that
number of full Shares which bears the same proportion to the initial number of
Shares pledged hereunder as the payment of principal bears to the initial full
principal amount of the Note.
<PAGE>

     8.  Withdrawal or Substitution of Collateral.  Pledgor shall not sell,
         ----------------------------------------
withdraw, pledge, substitute or otherwise dispose of all or any part of the
Collateral without the prior written consent of Pledgee.

     9.  Term.  The within pledge of Shares shall continue until the payment of
         ----
all indebtedness secured hereby, at which time the remaining pledged stock shall
be promptly delivered to Pledgor, subject to the provisions for prior release of
a portion of the Collateral as provided in paragraph 7 above.

     10. Insolvency.  Pledgor agrees that if a bankruptcy or insolvency
         ----------
proceeding is instituted by or against it, or if a receiver is appointed for the
property of Pledgor, or if Pledgor makes an assignment for the benefit of
creditors, the entire amount unpaid on the Note shall become immediately due and
payable, and Pledgee may proceed as provided in the case of default.

     11.  Pledgeholder Liability.  In the absence of willful or gross
          ----------------------
negligence, Pledgeholder shall not be liable to any party for any of his acts,
or omissions to act, as Pledgeholder.

     12.  Invalidity of Particular Provisions.  Pledgor and Pledgee agree that
          -----------------------------------
the enforceability or invalidity of any provision or provisions of this Security
Agreement shall not render any other provision or provisions herein contained
unenforceable or invalid.

     13.  Successors or Assigns.  Pledgor and Pledgee agree that all of the
          ---------------------
terms of this Security Agreement shall be binding on their respective successors
and assigns, and that the term "Pledgor" and the term "Pledgee" as used herein
shall be deemed to include, for all purposes, the respective designees,
successors, assigns, heirs, executors and administrators.

     14.  Governing Law.  This Security Agreement shall be interpreted and
          -------------
governed under the internal substantive laws, but not the choice of law rules,
of California.
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

"PLEDGOR"                     _________________________________
                              Signature

                              _________________________________
                              Print Name

                    Address:  _________________________________

                              _________________________________
"PLEDGEE"                     Notify Technology Corporation
                              a California corporation

                              _________________________________
                              Signature

                              _________________________________
                              Print Name

                              _________________________________
                              Title

"PLEDGEHOLDER"                _________________________________
                              Secretary of
                              Notify Technology Corporation
<PAGE>

                                   EXHIBIT C
                                   ---------

                                     NOTE

$_______________                                            San Jose, California

                                                        __________   ____, 20___

     FOR VALUE RECEIVED, _______________ promises to pay to Notify Technology
Corporation, a California corporation (the "Company"), or order, the principal
sum of _______________________ ($_____________), together with interest on the
unpaid principal hereof from the date hereof at the rate of _______________
percent (____%) per annum, compounded semiannually.

     Principal and interest shall be due and payable on __________, 20___.
Payment of principal and interest shall be made in lawful money of the United
States of America.

     The undersigned may at any time prepay all or any portion of the principal
or interest owing hereunder.

     This Note is subject to the terms of the Option, dated as of
________________.  This Note is secured in part by a pledge of the Company's
Common Stock under the terms of a Security Agreement of even date herewith and
is subject to all the provisions thereof.

     The holder of this Note shall have full recourse against the undersigned,
and shall not be required to proceed against the collateral securing this Note
in the event of default.

     In the event the undersigned shall cease to be an employee, director or
consultant of the Company for any reason, this Note shall, at the option of the
Company, be accelerated, and the whole unpaid balance on this Note of principal
and accrued interest shall be immediately due and payable.

     Should any action be instituted for the collection of this Note, the
reasonable costs and attorneys' fees therein of the holder shall be paid by the
undersigned.

                                                 _______________________________

                                                 _______________________________STOCK EXCHANGE AGREEMENT
                            ------------------------

     THIS  STOCK  EXCHANGE  AGREEMENT  (the  "Agreement"), dated as of March 24,
2000,  by  and  among  FIRST CAPITAL INTERNATIONAL, INC., a Delaware corporation
("FCAI"),  and MIHHAIL DIDYK, personal code 35001040297, of Tallinn, Republic of
Estonia  (individually,  a  "STOCKHOLDER"  and collectively the "STOCKHOLDERS"),
such  person  being  registered  holder  of  capital stock of AS Mainor Anet, an
Estonian  corporation  ("ANET"),  and  ANET for the purposes of Articles VII and
VIII.

                                 R E C I T A L S
                                 ---------------

     WHEREAS,  each Stockholder is the record and beneficial owner of the number
of  shares  of common stock, par value 1,000 EEK per share, of ANET indicated in
the table set forth as Exhibit A to this Agreement (which shares are hereinafter
collectively  referred  to  as  the  "ANET  Stock");

     WHEREAS,  FCAI  desires  to  acquire  from  the  Stockholders,  and  the
Stockholders  desire  to  convey to FCAI, all of the issued and outstanding ANET
Stock  owned  by the Stockholders in exchange for shares of voting common stock,
$0,001  par  value  of  FCAI (the "FCAI Stock"), all on the terms and conditions
set  forth  below;

     NOW,  THEREFORE, in consideration of the premises, the mutual covenants and
agreements and the respective representations and warranties herein contained in
this Agreement, and on the terms and subject to the conditions set forth in this
Agreement,  the  parties  hereto, intending to be legally bound, hereby agree as
follows:

                                    ARTICLE I
                               EXCHANGE OF SHARES

     Section  1.1  ANET  Stock.  At  the  Closing  (as  defined  below),  each
                   ------------
Stockholder  shall  transfer, convey and deliver to FCAI the number of shares of
ANET  Stock set forth opposite their name on Exhibit A hereto, and shall deliver
to FCAI stock certificates representing the ANET Stock, duly endorsed to FCAI or
accompanied  by duly executed stock powers in form and substance satisfactory to
FCAI.

     Section 1.2  FCAI STOCK. At the Closing, in exchange for each share of ANET
                  ----------
Stock  transferred to FCAI, FCAI shall issue and deliver to each Stockholder the
number  of  shares  of  FCAI  Stock  set  forth opposite their name on Exhibit A
hereto. The transaction by which the transfer shall take place is referred to in
this  Agreement  as  the  "Exchange".

                           Stock Exchange Agreement - 1
<PAGE>
                                   ARTICLE II
                                   THE CLOSING

     The  Closing  of  the  transactions  contemplated  by  this  Agreement (the
"Closing")  shall  take  place  at  10:00  A.M.  on March 24, 2000 (the "Closing
Date"),  at  the offices of FCAI, 5120 Woodway, Suite 9004, Houston, Texas 77056
or  at  such  other  time  and  place  as  agreed upon among the parties hereto.

                                   ARTICLE III
               REPRESENTATIONS AND WARRANTIES OF THE STOCKHOLDERS

     Each of the Stockholders hereby severally represents and warrants  to  FCAI
as follows:

     Section  3.1  Ownership  of  the  ANET  Stock.  The  Stockholder  owns,
                   --------------------------------
beneficially  and  of  record,  that  number  of  shares of ANET Stock set forth
opposite  the  Stockholder's  name  on Exhibit A hereto; except for restrictions
imposed  by  national,  federal  and  state securities laws, (i) such shares are
owned  by  such  Stockholder  free  and  clear  of  any liens, claims, equities,
charges, options, rights of first refusal, or encumbrances; (ii) the Stockholder
has  the  unrestricted  right  and  power  to  transfer, convey and deliver full
ownership  of  such  shares without the consent or agreement of any other person
and  without  any  designation,  declaration  or  filing  with  any governmental
authority;  and,  (iii) upon the transfer of such shares to FCAI as contemplated
herein,  FCAI  will  receive good and valid title thereto, free and clear of any
liens, claims, equities, charges, options, rights of first refusal, encumbrances
or  other  restrictions.

     Section  3.2  Organization.  If  the  Stockholder  is either a corporation,
                   -------------
limited  liability company or partnership, it represents and warrants that it is
duly  organized,  validly  existing  and  in good standing under the laws of the
state or nation of its incorporation or formation, with full power and authority
and  all  necessary  governmental  and  regulatory  licenses,  permits  and
authorizations  to  carry  on  the businesses in which it is engaged, to own the
properties  that  it  owns currently and will own at the Closing, and to perform
its  obligations  under  this  Agreement.  If  the Stockholder is a corporation,
limited  liability  company  or  partnership  it  is  qualified  as  a  foreign
corporation,  foreign  limited  liability  company or foreign partnership (which
ever  the case may be) and is in good standing in each jurisdiction in which the
failure  to  qualify  would  have  material  adverse  effect  on  the  business,
properties or condition (financial  or  otherwise)  of  the  corporate,  limited
liability  company  or  partnership  Stockholder.

     Section 3.3   Authorization. If the Stockholder is a person, then he or she
                   --------------
is of the full age of majority, with full power, capacity and authority to enter
into  this  Agreement and perform the obligations contemplated hereby by and for
himself  or  herself  and  his  or  her  spouse, if any. If the Stockholder is a
corporation,  limited  liability  company  or  partnership,  then all corporate,
limited  liability  company  or partnership action on the part of the corporate,
limited  liability  company  or  partnership  Shareholder  necessary  for  the
authorization,  execution,  delivery  and performance  of this Agreement and the

                          Stock Exchange Agreement - 2
<PAGE>
transactions contemplated hereby has been taken or will be  taken  prior  to the
Closing.   All  action  on  the  part  of  the  Stockholder  necessary  for  the
authorization, execution, delivery and performance  of  this  Agreement  by  the
Stockholder has been  taken  or  will  be  taken  prior  to  the  Closing.  This
Agreement constitutes  a  valid  and  binding  obligation  of  the  Stockholder,
enforceable  against the Stockholder in accordance with its  terms,  subject  to
bankruptcy,  insolvency,  reorganization, and other laws of general  application
relating to or affecting creditors' rights and to general equitable principles.

     Section  3.4   Pending  Claims.  There  is  no  claim,  suit,  action  or
                    ----------------
proceeding,  whether  judicial,  administrative or otherwise, pending or, to the
best  of the Stockholder's knowledge, threatened that would preclude or restrict
the  transfer  to  FCAI  of  the  ANET  Stock  owned  by  the Stockholder or the
performance  of  this  Agreement  by  the  Stockholder.

     Section  3.5   No  Default. The execution, delivery and performance of this
                    ------------
Agreement  by  the  Stockholder  does not and will not constitute a violation or
default  under  or  conflict  with  any  contract,  agreement,  understanding or
commitment  to which such Stockholder is a party or by which such Stockholder is
bound.

     Section  3.6   Acquisition  of  Stock  for  Investment.  The  Stockholder
                    ----------------------------------------
understands  that the issuance of FCAI Stock will not have been registered under
the  Securities  Act  of  1933, as amended (the "Act"), or any national or state
securities  acts,  and,  accordingly, are restricted securities, and that he/she
represents and warrants to FCAI that his/her present intention is to receive and
hold  the FCAI Stock for investment only and not with a view to the distribution
or  resale  thereof

     Additionally,  the Stockholder understands that any sale by the Stockholder
of  any of the FCAI Stock received under this Agreement will, under current law,
require  either  (a)  the  registration  of  the  FCAL  Stock  under the Act and
applicable  national  or  state securities acts; (b) compliance with Rule 144 of
the  Act;  or  (c)  the  availability  of  an  exemption  from  the registration
requirements  of  the  Act and applicable national or state securities acts. The
Stockholder  understands  that  FCAI  has  not undertaken and does not presently
intend  to file a Registration Statement to register the FCAI Stock to be issued
to  the  Stockholder. The Stockholder hereby agrees to execute, deliver, furnish
or otherwise provide to FCAI an opinion of counsel reasonably acceptable to FCAI
prior  to any subsequent transfer of the FCAI Stock, that such transfer will not
violate  the  registration  requirements  of  the  federal  or national or state
securities  acts. The Stockholder further agrees to execute, deliver, furnish or
otherwise  provide  to  FCAI  any  documents or instruments as may be reasonably
necessary  or  desirable in order to evidence and record the FCAI Stock acquired
hereby.

     To  assist  in  implementing  the  above provisions, the Stockholder hereby
consents  to the placement of the legend, or a substantially similar legend, set
forth  below,  on  all  certificates  representing  ownership  of the FCAI Stock
acquired  hereby  until  the FCAI Stock has been sold, transferred, or otherwise

                           Stock Exchange Agreement -3
<PAGE>
disposed  of,  pursuant  to  the  requirements  hereof  The  legend  shall  read
substantially  as  follows:

     "THESE  SECURITIES  HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES ACT OF
     1933, AS AMENDED, OR ANY APPLICABLE STATE SECURITIES ACTS. THESE SECURITIES
     MUST BE ACQUIRED FOR INVESTMENT, ARE RESTRICThD AS TO TRANSFERABILITY,  AND
     MAY NOT BE SOLD, HYPOTHECATED,  OR OTHERWISE TRANSFERRED WITHOUT COMPLIANCE
     WITH THE REGISTRATION AND  QUALIFICATION  PROVISIONS OF APPLICABLE  FEDERAL
     AND STATE SECURITIES LAWS OR APPLICABLE EXEMPTIONS THEREFROM."

     Section  3.7   Stockholders  Access  to Information. The Stockholder hereby
                    -------------------------------------
confirms  and  represents  that he/she: (a) has been afforded the opportunity to
ask questions of and receive answers from representatives of FCAI concerning the
business  and  financial condition, properties, operations and prospects of FCAI
and  has  asked  such  questions as he/she desires to ask and all such questions
have  been  answered  to  the full satisfaction of the Stockholder; (b) has such
knowledge  and  experience in financial and business matters so as to be capable
of  evaluating  the  relative  merits and risks of the transactions contemplated
hereby;  (c)  has had an opportunity to engage and is represented by an attorney
of  his/her  choice;  (d)  has  had  an  opportunity  to negotiate the terms and
conditions  of  this Agreement; (e) has been given adequate time to evaluate the
merits  and  risks  of  the  transactions  contemplated hereby; and (t) has been
provided  with  and  given an  opportunity  to  review  all  current information
about  FCAI.

     Section  3.8   Disclosure.  To  the best of the Stockholder's knowledge, no
                    -----------
representation  or  warranty  of  the  Stockholder  contained  in this Agreement
(including the exhibits and schedules hereto) contains any untrue statement of a
material  fact  or omits to state a material fact necessary in order to make the
statements  contained  herein  or  therein,  in light of the circumstances under
which  they  were  made,  not  misleading.

     Section  3.9   Indemnification  by  Stockholder. The Stockholder recognizes
                   ----------------------------------
that  the Exchange  being  conducted  with  FCAI is based, to a material degree,
upon the  representations  and  warranties  of  Stockholder  as  set  forth  and
contained herein and  the  Stockholder  hereby  agrees  to  indemnify  and  hold
harmless FCAI against all  damages,  costs, or  expenses  (including  reasonable
attorney's fees) arising as a result of any breach of representation or warranty
or omission made herein by  the  Stockholder.

     If  any action is brought against FCAI in respect of which indemnity may be
sought  against  the Stockholder pursuant to the foregoing paragraph, FCAI shall
promptly  notify  the  Stockholder  in writing of the institution of such action
(but  the  omission  to  so notify the Stockholder shall not relieve it from any
liability  that  it  may  have  to  FCAI except to the extent the Stockholder is
materially  prejudiced  or  otherwise  forfeit substantive rights or defenses by
reason  of  such  failure), and the Stockholder shall assume the defense of such

                           Stock Exchange Agreement - 4
<PAGE>
action, including the employment of counsel to be chosen by the  Stockholder  to
be reasonably satisfactory to  FCAI,  and  payment  of expenses. FCAI shall have
the right to employ the Stockholder's or their own counsel in any such case, but
the fees and expenses of such counsel shall  be  at  FCAI  expense,  unless  the
employment of such  counsel  shall  have  been  authorized  in  writing  by  the
Stockholder in connection with  the  defense  of such action, or the Stockholder
shall not have employed counsel to take charge of the defense of such action, or
counsel employed by the stockholder  shall  not  be  diligently  defending  such
action, or FCAI shall have reasonably  concluded  that  there  may  be  defenses
available to it which are different  from  or  additional  to those available to
the Stockholder, or that representation  of  FCAI by  the same counsel would  be
inappropriate  under  applicable standards of professional conduct due to actual
or potential differing interests between them (in  which  case  the  Stockholder
shall not have the right to direct the defense  of  such  action  on  behalf  of
FCAI), in any of which event such fees  and  expenses  shall  be  borne  by  the
Stockholder. Anything in this paragraph to  the  contrary  notwithstanding,  the
Stockholder shall not be liable for any settlement of, or any expenses  incurred
with respect to, any such claim or action  effected  without  the  Stockholder's
written  consent,  which  consent  shall  not  be  unreasonably  withheld.   The
Stockholder shall not, without the prior written  consent  of  FCAI  effect  any
settlement of any proceeding in respect of which FCAI is a party  and  indemnity
has  been  sought  hereunder  unless  such  settlement includes an unconditional
release of FCAI from all liability on claims that are the subject matter of such
proceeding.

     Section  3.10   Organization and Capitalization. ANET is a corporation duly
                     --------------------------------
organized,  validly existing and in good standing under the laws of the Republic
of  Estonia,  with  full  power and authority and all necessary governmental and
regulatory  licenses,  permits  and authorizations to carry on the businesses in
which  it  is engaged, to own the properties that it owns currently and will own
at  the  Closing.  ANET  is  qualified  as  a foreign corporation and is in good
standing  in  each  jurisdiction  in  which  the failure to qualify would have a
material  adverse  effect on the business, properties or condition (financial or
otherwise) of ANET. ANET does not have any subsidiaries or any other investments
or  ownership  interest  in any corporation, partnership, joint venture or other
business  enterprise,  except  as  set  forth  in  Schedule 3.10. The authorized
capital  stock  of  ANET consists of 2,400 shares of common stock, 1,000 EEK par
value  per  share,  of which  2,400  shares  are validly issued and outstanding.
All  of  such  issued  and  outstanding  shares  of  ANET  Stock  have been duly
authorized and validly issued and  are  fully  paid and non-assessable.  None of
the shares were issued in violation of any  preemptive  rights.  Except  as  set
forth in Schedule 3.10, there are  no  existing  warrants,  options,  rights  of
first refusal, conversion rights, calls,  commitments or other agreements of any
character pursuant to which ANET is  or may become obligated to issue any of its
stock or securities. ANET has no obligation  to  repurchase, reacquire or redeem
any of its outstanding capital stock.

     Section  3.11   Subsidiaries.  Schedule  3.11  sets  forth  a  complete and
                    --------------
accurate  list of all Subsidiaries of ANET, showing (as to each such Subsidiary)
the  date of its incorporation and the jurisdiction of its incorporation. All of
the  outstanding  capital  stock  of,  or  other  ownership  interests  in, each
Subsidiary  is owned by ANET, directly or indirectly, free and clear of any lien
or any other limitation or  restriction  (including restrictions on the right to

                          Stock Exchange Agreement - 5
<PAGE>
vote).  All outstanding shares of the capital stock of each Subsidiary have been
duly authorized and validly issued and are fully paid and non-assessable and are
free  of  any  preemptive  rights.  There  are  no outstanding securities of any
Subsidiary convertible into or evidencing the right to purchase or subscribe for
any  shares  of  capital  stock  of  any Subsidiary, there are no outstanding or
authorized  options,  warrants, calls, subscriptions, rights, commitments or any
other  agreements of any character obligating any Subsidiary to issue any shares
of  its capital stock or any securities convertible into or evidencing the right
to  purchase  or  subscribe  for  any  shares  of  such  stock, and there are no
agreements  or  understandings  with  respect  to  the voting, sale, transfer or
registration  of  any  shares  of  capital  stock  of  any  Subsidiary.

     Section  3.12   Financial  Information.  ANET  has  delivered  to  FCAI the
                     -----------------------
audited  balance  sheet  of  ANET as of 01.01.1999-31.12.1999, together with the
related  statements of income, changes in shareholder's equity and cash flow for
the  years  then  ended,  including  the  related  notes,  all  certified  by an
independent Estonian certified auditor. Such Financial Statements, including the
related  notes,  are in accordance with the books and records of ANET and fairly
present the financial position of ANET and the results of operations and changes
in  financial position of ANET as of the dates and for the periods indicated, in
each case in conformity with generally accepted accounting principles applied on
a  consistent  basis. Except as, and to the extent reflected or reserved against
in  the  Financial Statements, ANET, as of the date of the Financial Statements,
has  no  material  liability  or  obligation  of  any  nature, whether absolute,
accrued,  continued or otherwise, not fully reflected or reserved against in the
Financial  Statements.  As  of  the  Closing  Date, there will not have been any
adverse  change  in  the  financial  condition  or  other  operations, business,
properties  or  assets  of  ANET other than liabilities incurred in the ordinary
course of business in which, in the aggregate, are not in excess of $50,000 from
that  reflected  in  the  latest  Financial Statements of ANET furnished to FCAI
pursuant  hereto.

     Section  3.13   Litigation. Except as disclosed in Schedule 3.13, there are
                     -----------
no  actions,  suits  or proceedings, formal or informal, pending or, to the best
knowledge  of the Stockholder's, threatened against ANET, nor is ANET subject to
any  order,  judgment  or decree, except in all cases, whether known or unknown,
for  matters  which,  in  the  aggregate,  would not result in a loss to ANET in
excess  of  $50,000.

     Section  3.14   Taxes. Except as disclosed in Schedule 3.14, ANET has filed
                     ------
all tax returns and reports due or required to be filed, and has paid all taxes,
interest  payments  and  penalties,  if  any,  required  to be paid with respect
thereto. ANET has made adequate provision for the payment of all taxes accruable
for all periods ending on or before the Closing Date to any taxing authority and
is  not  delinquent in the payment of any material tax or governmental charge of
any  nature.

     Section 3.15    Compliance with Laws. Except as set forth in Schedule 3.15,
                     ---------------------
ANET  is, and at all times prior to the date hereof has been, to the best of the
Stockholder's  knowledge,  in  compliance  with all statutes, orders, rules, and
regulations  applicable  to  it  or  to  the  ownership  of its  assets  or  the

                           Stock Exchange Agreement - 6
<PAGE>
operation  of  its  business, except for failures to be in compliance that would
not  have  a  material  adverse effect on the  business,  properties,  condition
(financial  or otherwise) or prospects of ANET, and ANET has  no basis to expect
to receive, and has not received, any order or notice of any  such  violation or
claim  of  violation of any such statute, order, rule, ordinance  or regulation.

     Section 3.16   Books and Records. The books of account, minute books, stock
                    ------------------
record books and other records of ANET, all of which have been made available to
FCAI,  are  accurate  and  complete  in  all  material  respects  and  have been
maintained  in  accordance  with  sound  business  practices.

     Section  3.17   Title  to  Properties: Encumbrances. ANET has good title to
                     ------------------------------------
all  of  its  properties and assets, real and personal, tangible and intangible,
that  are  material  to  the  condition  (financial  or  otherwise),  business,
operations or prospects of ANET, free and clear of all mortgages, claims, liens,
security  interests, charges, leases, encumbrances and other restrictions of any
kind  and nature, except (i) as specifically disclosed in Schedule 3.17, (ii) as
disclosed  in  the  financial  statements of ANET, (iii) statutory liens not yet
delinquent,  and  (iv) such liens consisting of zoning or planning restrictions,
imperfections of title, easements, pledges, charges and encumbrances, if any, as
do  not  materially  detract  from  the  value  or materially interfere with the
present  use  of  the  property  or  assets subject thereto or affected thereby.

     Section  3.18   Disclosure.  To the best of the Stockholder's knowledge, no
                     -----------
representation  or  warranty  of  the  Stockholder  contained  in this Agreement
(including  the  exhibits,  addendums  and schedules hereto) contains any untrue
statement  or  omits  to  state  a  material fact necessary in order to make the
statements  contained  herein  or  therein,  in light of the circumstances under
which  they  were  made,  not  misleading.

     Section  3.19   Insurance.  ANET  and  its  Subsidiaries  maintain adequate
                     ----------
insurance with respect to their respective businesses and are in compliance with
all  material  requirements  and  provisions  thereof.

     Section 3.20   Material Agreements; Action. Except as set forth in Schedule
                    ----------------------------
3.20,  there  are no material contracts, agreements, commitments, understandings
or  proposed  transactions, whether written or oral, to which ANET or any of its
Subsidiaries  is  a party or by which it is bound that involve or relate to: (i)
any  of  their  respective  officers, directors, stockholders or partners or any
Affiliate  thereof;  (ii)  the  sale  of any of the assets of ANET or any of its
Subsidiaries  other  than in the ordinary course of business; (iii) covenants of
ANET  or  any of its Subsidiaries not to compete in any line of business or with
any  person  in  any  geographical  area or covenants of any other person not to
compete  with  ANET or any of its Subsidiaries in any line of business or in any
geographical  area;  (iv)  the acquisition by ANET or any of its Subsidiaries of
any  operating  business  or  the  capital  stock  of  any other Person; (v) the
borrowing of money or (vi) the expenditure of more than $50,000 in the aggregate
or  the  performance  by ANET or any Subsidiary extending for a period more than

                        Stock Exchange Agreement - 7
<PAGE>
one year from the date hereof, other than  in the ordinary course  of  business.
There have been made available to FCAI and its representatives true and complete
copies of all such agreements. All such agreements are in full force and effect.
Neither the Company nor any of its Subsidiaries  is  in default under  any  such
agreements nor is any other party to any such agreements  in  default thereunder
in  any  respect.

     Section  3.21   Employee Benefit Plans. ANET is not a party to any employee
                     -----------------------
benefit  plan.

     Section  3.22   No  Pending  Transactions.  Except  for  the  transactions
                     --------------------------
contemplated by this Agreement, neither ANET nor any Subsidiary is a party to or
bound by or the subject of any agreement, undertaking, commitment or discussions
or  negotiations  with  any  person  that  could result in (i) the sale, merger,
consolidation  or  recapitalization  of ANET or any Subsidiary, (ii) the sale of
all  or  substantially  all  of the assets of ANET or any Subsidiary, or (iii) a
change  of control of more than five percent of the outstanding capital stock of
ANET  or  any  Subsidiary.

     Section 3.23   No Undisclosed Liabilities. To the best of the Stockholder's
                    ---------------------------
knowledge,  neither  ANET  nor or any Subsidiary has any obligation or liability
(contingent  or  otherwise)  that  would  be  required  to  be  reflected in the
financial  statements  of the Company in accordance with Estonian Accounting Law
except  as  reflected  in  ANET's  Balance  Sheet.

                                   ARTICLE IV
                   LIMITATION OF LIABILITY OF CERTAIN PERSONS

     Section  33N  of  the Texas Securities Act, which applies to this Offering,
limits  the liability of certain persons in connection with actions or series of
actions  under Section 33 of the Texas Securities Act. Specifically, Section 33N
limits the liability of an attorney, an accountant, a consultant, or the firm of
the  attorney,  accountant,  or  consultant  (collectively,  the "Person") to an
amount  equal  to three times the fee paid by the Company or other seller to the
Person for the services related to the offer of securities, unless a court finds
the  Person  engaged  in  intentional  wrong  doing  in  providing the services.

                                    ARTICLE V
                     REPRESENTATIONS AND WARRANTIES OF FCAI

     FCAI hereby represents and warrant to the Stockholders as follows:

     Section  5.1   Organization  and Capitalization. FCAI is a corporation duly
                    ---------------------------------
organized,  validly existing and in good standing under the laws of the State of
Delaware,  with  full  power  and  authority  and all necessary governmental and
regulatory  licenses,  permits  and authorizations to carry on the businesses in
which  it  is engaged, to own the properties that it owns currently and will own
at  the  Closing,  and  to perform its obligations under this Agreement. FCAI is
qualified  as a foreign corporation and is in good standing in each jurisdiction
in  which  the  failure  to  qualify would have a material adverse effect on the

                           Stock Exchange Agreement-8
<PAGE>
business, properties or condition (financial  or otherwise) of FCAI.  FCAI  does
not have any subsidiaries or any other investments or  ownership interest in any
corporation, partnership, joint venture or other business  enterprise, except as
set forth in Schedule 5.1. Immediately prior to the  Closing Date the authorized
capital  stock  of  FCAI  consists  of  (i) 100,000,000  shares of common stock,
$0.001 par value of which 71,131,142 shares are  validly  issued and outstanding
at the date hereon. All of such issued and outstanding shares of FCAI Stock have
been and all of the shares of FCAI Stock to  be issued hereby will  be,  at  the
Closing, duly authorized and validly issued and  are  and will be at the Closing
fully paid and non-assessable. None of the shares  that  were issued and none of
the shares to be issued hereby will be in violation  of  any  preemptive rights.
FCAI  has  no  obligation  to  repurchase,  reacquire  or  redeem  any  of  its
outstanding  capital  stock.  FCAI also has outstanding  options  to purchase up
to 5,710,000 shares of its common stock.

     Section 5.2   Subsidiaries. Schedule 5.2 sets forth a complete and accurate
                   -------------
list  of all Subsidiaries of FCAI, showing (as to each such Subsidiary) the date
of  its  incorporation  and  the  jurisdiction  of its incorporation. All of the
outstanding  capital  stock of, or other ownership interests in, each Subsidiary
is  owned  by  FCAI,  directly  or indirectly, free and clear of any lien or any
other  limitation  or  limitation  or restriction (including restrictions on the
right  to  vote).  All outstanding shares of the capital stock of any Subsidiary
have  been  duly  authorized  and  validly  issued  and  are  fully  paid  and
non-assessable  and  are free of any preemptive rights. There are no outstanding
securities  of  any  Subsidiary  convertible  into  or  evidencing  the right to
purchase  or  subscribe for any shares of capital stock of any Subsidiary, there
are  no  outstanding  or  authorized  options,  warrants,  calls, subscriptions,
rights,  commitments  or  any  other  agreements of any character obligating any
Subsidiary  to  issue  any  shares  of  its  capital  stock  or  any  securities
convertible into or evidencing the right to purchase or subscribe for any shares
of such stock, and there are no agreements or understandings with respect to the
voting,  sale,  transfer  or  registration of any shares of capital stock of any
Subsidiary.

     Section  5.3   Authorization.  All  corporate  action  on  the part of FCAI
                    --------------
necessary  for  the  authorization,  execution, delivery and performance of this
Agreement by FCAI has been taken or will be taken prior to the Closing. FCAI has
the requisite corporate power and authority to execute, deliver and perform this
Agreement.  This  Agreement  has  been  duly executed and delivered by FCAI, and
constitutes  a valid and binding obligation of FCAI, enforceable against FCAI in
accordance  with  its terms;. subject to bankruptcy, insolvency, reorganization,
and other laws of general application relating to or affecting creditors' rights
and  to  general  equitable  principles.

     Section 5.4   Litigation. Except as set forth in Schedule 5.4, there are no
                   -----------
claims,  actions,  suits  or proceedings, formal or informal, pending or, to the
best  knowledge  of  FCAI,  threatened  against FCAI, nor is FCAI subject to any
order,  judgment  or  decree,  except  in  either case for matters which, in the
aggregate,  would  not  result  in  a  loss  to  FCAI  in  excess  of  $100,000.

                           Stock Exchange Agreement - 9
<PAGE>
     Section 5.5   Taxes. FCAI has filed all federal, state or local tax returns
                   ------
and  reports  due  or  required  to  be  filed  and has paid all taxes, interest
payments  and  penalties,  if any, required to be paid with respect thereto, and
has  made  adequate  provision  for  the  payment of all taxes accruable for all
periods  ending on or before the Closing Date to any taxing authority and is not
delinquent  in  the  payment  of  any material tax or governmental charge of any
nature.

     Section 5.6   Financial Information. FCAI has delivered to the Stockholders
                   ----------------------
the  audited  balance  sheet  of FCAI as of December 31, 1998 and 1997, together
with  the related statements of income, changes in shareholder's equity and cash
flow  for  the  years  then ended, including the related notes, all certified by
Ham,  Langston  &  Brezina  L.L.P., certified public accountants (the "Financial
Statements").  Such  Financial  Statements,  including the related notes, are in
accordance  with  the books and records of FCAI and fairly present the financial
position of FCAI and the results of operations and changes in financial position
of  FCAI  as  of  the  dates  and  for  the  periods  indicated, in each case in
conformity with generally accepted accounting principles applied on a consistent
basis.  Except  as,  and  to  the  extent  reflected  or reserved against in the
Financial  Statements,  FCAI  as  of the date of the financial statements has no
material  liability  or  obligation  of  any  nature, whether absolute, accrued,
continued or otherwise, not fully reflected or reserved against in the Financial
Statements.  As of the Closing Date, there will not have been any adverse change
in  the  financial condition or other operations, business, properties or assets
of  FCAI  in  excess  of  $100,000  from  that reflected in the latest financial
statements  of  FCAI  furnished  to  the  Stockholders  pursuant  hereto.

     Section  5.7   Compliance  with  Laws. Except as set forth in Schedule 5.7,
                   ------------------------
FCAI  is, and at all times prior to the date hereof has been, to the best of its
knowledge,  in  compliance  with  all  statutes,  orders,  rules, ordinances and
regulations  applicable to it or to the ownership of its assets or the operation
of its businesses, except for failures to be in compliance that would not have a
material  adverse  effect  on  the business, properties, condition (financial or
otherwise)  or  prospects  of  FCAI  and  FCAI  has  no basis to expect, nor has
received, any order or notice of any such violation or claim of violation of any
such  statute,  order,  rule,  ordinance  or  regulation.

     Section  5.8   Title  to  Properties;  Encumbrances.  FCAI  has  good  and
                    -------------------------------------
marketable  title  to  all  of  its  properties  and  assets, real and personal,
tangible  and  intangible,  that  are  material  to  the condition (financial or
otherwise),  business,  operations  or  prospects of FCAI, free and clear of all
mortgages,  claims, liens, security interests, charges, leases, encumbrances and
other  restrictions of any kind and nature, except (i) as specifically disclosed
in  Schedule  5.8,  (ii) as disclosed in the Financial Statements of FCAI, (iii)
statutory  liens not yet delinquent, and (iv) such liens consisting of zoning or
planning  restrictions,  imperfections of title, easements, pledges, charges and
encumbrances,  if any, as do not materially detract from the value or materially
interfere  with  the  present  use  of the property or assets subject thereto or
affected  thereby.

     Section  5.9   Disclosure. To the best of FCAI knowledge, no representation
                    -----------
or  warranty  of  FCAI  contained  in  this  Agreement  (including the exhibits,
addendums  and  schedules  hereto) contains  any  untrue statement of a material

                          Stock Exchange Agreement - 10
<PAGE>
fact or omits to state a material fact necessary in order to make the statements
contained herein or therein, in light of  the  circumstances  under  which  they
were  made,  not  misleading.

     Section  5.10   No Default. The execution, delivery and performance of this
                     -----------
Agreement  by FCAI does not and will not constitute a violation or default under
or  conflict  with any contract, agreement, understanding or commitment to which
it  is  a  party  or by which it is bound or the Certificate of Incorporation or
By-Laws  of  FCAI  or any statute, regulation, law, ordinance, judgment, decree,
writ,  injunction,  order  or  ruling  of  any  government  entity.

     Section  5.11   Pending  Claims.  There  is  no  claim,  suit,  action  or
                     ----------------
proceeding,  whether  judicial,  administrative or otherwise, pending or, to the
best  of  FCAI's  knowledge,  threatened  that  would  preclude  or restrict the
transfer  to  the  Stockholders  of  the  FCAI  Stock or the performance of this
Agreement  by  FCAI.

     Section  5.12   Insurance.  FCAI  and  its  Subsidiaries  maintain adequate
                     ----------
insurance with respect to their respective businesses and are in compliance with
all  material  requirements  and  provisions  thereof

     Section  5.13   Employee Benefit Plans. FCAI is not a party to any employee
                     -----------------------
benefit  plan.

     Section  5.14   No  Pending  Transactions.  Except as set forth in Schedule
                    ---------------------------
5.14  and  for the transactions contemplated by this Agreement, neither FCAI nor
any  Subsidiary  is  a  party  to  or  bound by or the subject of any agreement,
undertaking,  commitment  or  discussions  or  negotiations with any person that
could  result in (1) the sale, merger, consolidation or recapitalization of FCAI
or  any  Subsidiary,  (ii) the sale of all or substantially all of the assets of
FCAI  or  any Subsidiary, or (iii) a change of control of more than five percent
of  the  outstanding  capital  stock  of  FCAI  or  any  Subsidiary.

     Section  5.15   No  Undisclosed  Liabilities. To the best of its knowledge,
                     -----------------------------
neither  FCAI  nor or any Subsidiary has any obligation or liability (contingent
or otherwise) that would be required to be reflected in the financial statements
of  the  Company  in  accordance  with  GAAP except as reflected in FCAI Balance
Sheet.

     Section  5.16   Indemnification  by FCAI. FCAI recognizes that the Exchange
                    --------------------------
being  conducted  with the Stockholders is based, to a material degree, upon the
representations  and  warranties  of  FCAI as set forth and contained herein and
FCAI  hereby  agrees to indemnify and hold harmless the Stockholders against all
damages,  costs, or expenses (including reasonable attorney's fees) arising as a
result  of  any  breach of representation or warranty or omission made herein by
FCAI.

                          Stock Exchange Agreement-- 11
<PAGE>
     If  any  action is brought against FCAI, the Stockholders (collectively the
"Indemnified  Parties") in respect of which indemnity may be sought against FCAI
pursuant  to  the  foregoing  paragraph,  the Indemnified Parties shall promptly
notify FCAI in writing of the institution of such action (but the omission to so
notify  FCAI  shall  not  relieve it from any liability that it may have to such
Indemnified  Parties  except  to  the  extent  FCAI  is materially prejudiced or
otherwise  forfeits  substantive  rights or defenses by reason of such failure),
and  FCAI  shall  assume the defense of such action, including the employment of
counsel  to  be  chosen by FCAI to be reasonably satisfactory to the Indemnified
Parties,  and  payment of expenses. The Indemnified Parties shall have the right
to  employ FCAI or their own counsel in any such case, but the fees and expenses
of  such  counsel  shall  be  at  the  Indemnified  Party's  expense, unless the
employment  of  such  counsel  shall  have been authorized in writing by FCAI in
connection  with  the  defense  of  such action, or FCAI shall not have employed
counsel  to  take  charge  of the defense of such action, or counsel employed by
FCAI  shall  not be diligently defending such action, or the Indemnified Parties
shall have reasonably concluded that there may be defenses available to it which
are  different  from  or  additional  to  those  available  to  FCAI,  or  that
representation  of  such Indenmified Party and FCAI by the same counsel would be
inappropriate  under  applicable standards of professional conduct due to actual
or potential differing interests between them (in which case FCAI shall not have
the  right  to  direct  the  defense of such action on behalf of the Indemnified
Parties), in any of which event such fees and expenses shall been borne by FCAI.
Anything  in  this  paragraph to the contrary notwithstanding, FCAI shall not be
liable for any settlement of, or any expenses incurred with respect to, any such
claim  or  action effected without FCAI written consent, which consent shall not
be  unreasonably  withheld. FCAI shall not, without the prior written consent of
the  Indemnified  Parties  effect any settlement of any proceeding in respect of
which any Indemnified Parties is a party and indemnity has been sought hereunder
unless  such  settlement  includes  an unconditional release of such Indemnified
Parties  from  all  liability  on  claims  that  are  the subject matter of such
proceeding.

                                   ARTICLE VI
                                CLOSING; DELIVERY

     Section  6.1(a)   Closing Documents of the Stockholders. The obligations of
                       --------------------------------------
FCAI  to effect the transactions contemplated hereby are subject to the delivery
by  the  Stockholders  at  Closing  of  each  of  the  following  documents:

     (i)     The Stockholders shall have delivered certificates evidencing their
             ANET Common Stock duly endorsed for transfer by the Stockholders to
             FCAI  as  contemplated  by  this  Agreement,  in form and substance
             satisfactory to counsel for  FCAI.

     Section  6.1(b)   Closing  Documents  of  FCAI.  The  obligations  of  the
                      -----------------------------
Stockholders  to effect the transactions contemplated hereby are subject to each
of  the  following  conditions:

                          Stock Exchange Agreement - 12
<PAGE>
     (i)    FCAI  shall  have  delivered either (i) certificates evidencing FCAI
            Common Stock, duly executed for issuance by FCAI to the Stockholders
            as contemplated by  this Agreement or (ii)  letter  of  instructions
            from a duly authorized officer of FCAI  to  OTC Stock Transfer, Inc.
            (FCAI's transfer agent), instructing  the  transfer  agent  to  duly
            issue stock certificates evidencing the shares of  Common  Stock  of
            FCAI  to  the  Stockholders,  all as contemplated by this Agreement,
            in form  and substance satisfactory to counsel for the Stockholders.

     Section  6.1  (c)   Conditions  to  the  Obligations  of  FCAI  and  the
                         ----------------------------------------------------
Stockholders.  The  obligations  of  FCAI  and  the  Stockholders  to effect the
------------
transactions contemplated hereby are further subject to the following condition:

     (i)    The  Board  of  Directors of FCAI shall have approved and authorized
            the transactions  contemplated  herein.

    (ii)    No  action,  suit  or  proceeding  by  or  before  any  court or any
            governmental or regulatory authority  shall  have  been commenced or
            threatened, and no investigation by any  governmental  or regulatory
            authority shall  have  been  commenced  or  threatened,  seeking  to
            restrain,  prevent or challenge the transactions contemplated hereby
            or seeking judgments against FCAI or the Stockholders.

                                   ARTICLE VII
                     COVENANTS OF ANET AND ThE STOCKHOLDERS

     Conduct  of Business. From the date hereof until the earlier of the Closing
     ---------------------
Date or termination of this Agreement pursuant to Article IX, ANET shall conduct
its business only in the ordinary course consistent with past practice and shall
not sell, lease, pledge, dispose of, grant a license in or otherwise transfer or
encumber  any  of  its assets or properties other than in the usual and ordinary
course  of  its  business  or  with  the  prior  written  consent  of  FCAI.

                                  ARTICLE VIII
                              ADDITIONAL AGREEMENTS

     Access  to  Information
     -----------------------

     8.1  ANET  shall,  and  shall  cause its officers, directors, employees and
agents  to,  afford  FCAI  complete access at all reasonable times from the date
hereof  to  the  Closing  Date,  to the officers, employees, agents, properties,
books,  records  and contracts of ANET, and shall furnish to FCAI all financial,
operating  and  other  data  and  information  as  FCAI  may reasonably request.

                          Stock Exchange Agreement - 13
<PAGE>
     8.2  No  investigation  pursuant  to  this  Section  8.1  shall  affect any
representations  or  warranties  of  the  parties  contained  herein.

                                   ARTICLE IX
                                   TERMINATION

     This  Agreement  and the transactions contemplated hereby may be terminated
by  FCAI  at  any  time  prior  to  Closing.

                                   ARTICLE X

                                   [DELETED]

                                   ARTICLE XI
                                  MISCELLANEOUS

     Section  11.1   Notices.  All notices and other communications provided for
                     --------
herein  shall  be  in  writing  and  shall  be deemed to have been duly given if
delivered  personally  or  sent  by registered or certified mail, return receipt
requested,  postage  prepaid,  or  overnight  air  courier guaranteeing next day
delivery:

     (a)            If  to  FCAI:

                    Mr.  Alex  Genin,  President
                    First  Capital  International,  Inc.
                    5120  Woodway,  Suite  9004
                    Houston,  Texas  77056
                    Fax  (713)  629-4913

                    With  a  copy  to:

                    Robert  D.  Axelrod
                    Axelrod,  Smith  &  Kirshbaum
                    5300  Memorial  Drive,  Suite  700
                    Houston,  Texas  77007
                    Fax:    (713)  552-0202

     (b)            If  to  the  Stockholders,  to:

                    The  addresses  listed  on  Exhibit  A,  attached  hereto.

                          Stock Exchange Agreement - 14
<PAGE>
     All  notices and communications shall be deemed to have been duly given: at
the  time  delivered  by  hand,  if personally delivered; three days after being
deposited  in  the  mail,  postage  prepaid, sent certified mail, return receipt
requested,  if mailed; and the next day after timely delivery to the courier, if
sent  by  overnight  air  courier  guaranteeing  next  day  delivery.

     If  a notice or communication is mailed in the manner provided above within
the time prescribed, it is duly given, whether or not the addressee receives it.

     Section  11.2   Assignment.  Neither  this Agreement nor any of the rights,
                     -----------
interests  or  obligations  hereunder  shall  be  assigned by any of the parties
without  the  prior written consent of the other parties, which consent will not
be  unreasonably  withheld.  This  Agreement  will be binding upon, inure to the
benefit  of  and  be  enforceable  by  the  parties  and their respective heirs,
personal  representatives,  successors  and  assigns.

     Section  11.3   Counterparts.  This Agreement can be executed in any number
                     -------------
of  counterparts,  which  taken  together  shall  constitute  one  and  the same
instrument  and  each of which shall be considered an original for all purposes.

     Section  11.4   Section  Headings.  The  section headings contained in this
                     ------------------
Agreement  are for convenient reference only and shall not in any way affect the
meaning  or  interpretation  of  this  Agreement.

     Section  11.5   Entire  Agreement.  This  Agreement,  the  documents  to be
                    -------------------
executed  hereunder  and  the  exhibits, addendums and schedules attached hereto
constitute  the  entire  agreement  among  the  parties hereto pertaining to the
subject  matter  hereof  and  supersede  all  prior  agreements, understandings,
negotiations and discussions, whether oral or written, of the parties pertaining
to  the  subject  matter hereof, and there are no warranties, representations or
other  agreements among the parties in connection with the subject matter hereof
except  as  specifically  set  forth  herein  or in documents delivered pursuant
hereto.  No  supplement,  amendment,  alteration,  modification,  waiver  or
termination of this Agreement shall be binding unless executed in writing by the
parties hereto. All of the exhibits, addendums and schedules referred to in this
Agreement  are  hereby  incorporated  into  this  Agreement  by  reference  and
constitute  a  part  of  this  Agreement.

     Section  11.6   Validity.  The  invalidity  or  unenforceability  of  any
                     ---------
provision  of  this Agreement shall not affect the validity or enforceability of
any  other  provisions  of  this Agreement, which shall remain in full force and
effect.

     Section  11.7   Survival.  The  respective  representations,  warranties,
                     ---------
covenants  and  agreements set forth in this Agreement shall survive the Closing
for  a  period  of  one  year  from  the  execution  hereof

                          Stock Exchange Agreement - 15
<PAGE>
     Section 11.8   Public Announcements. The parties hereto agree that prior to
                    ---------------------
making  any  public  announcement  or statement with respect to the transactions
contemplated  by  this  Agreement,  the  party  desiring  to  make  such  public
announcement  or  statement  shall  consult  with  the  other parties hereto and
exercise  their  best  efforts  to  (i)  agree  upon  the text of a joint public
announcement  or  statement  to  be  made  by all of such parties or (ii) obtain
approval  of  the  other  parties hereto to the text of a public announcement or
statement  to  be  made  solely  by  the  party  desiring  to  make  such public
announcement;  provided, however, that if any party hereto is required by law to
make  such public announcement or statement, then such announcement or statement
may  be  made  without  the  approval  of  the  other  parties.

     Section  11.9   Gender.  All personal pronouns used in this Agreement shall
                     -------
include  the  other  genders,  whether used in the masculine, feminine or neuter
gender,  and  the  singular  shall  include the plural, and vice versa, whenever
appropriate.

     Section  11.10   Choice  of  Law.  This Agreement shall be governed by, and
                      ----------------
construed  in  accordance  with,  the laws of the State of Texas, U.S.A. without
regard  to  principles  of  conflict  of  laws.

     Section  11.11   Costs  and  Expenses. FCAI and the Stockholders shall each
                      ---------------------
pay their own respective fees and disbursements incurred in connection with this
Agreement.

     IN  WITNESS  WHEREOF,  the  parties  hereto  have  executed  or caused this
Agreement  to  be executed effective as of the day and year first above written.

                                          FIRST  CAPITAL  INTERNATIONAL,  INC.

                                          By:   /s/  Alex  Genin
                                             ----------------------------------
                                              Alex  Genin,  President

                                          STOCKHOLDERS

                                          /s/  Mihhail  Didyk
                                          -------------------------------------
                                          Mr.  Mihhail  Didyk

FOR  THE  PURPOSE  OF  ARTICLES  VII  AND  VIII:

                                          ANET

                                          By:  /s/  Mr.  Mihhail  Didyk
                                               --------------------------------
                                               Mr.  Mihhail  Didyk

                          Stock Exchange Agreement - 16
<PAGE>
                                    EXHIBIT A
                                    ---------

                              Shares of ANET to be          Shares of FCAI to be
                              Delivered to FCAI             Received from FCAI
Stockholder                      at  Closing                   at  Closing
--------------------------------------------------------------------------------
Mihhail  Didyk                      -2200-                       -229125-
--------------------------------------------------------------------------------
Address  of  the  Stockholder:
Mihhail  Didyk, Paldiski mnt. 227 - 805, 13520 Tallinn, Republic of Estonia.

<PAGE>
                                    ADDENDUM
                                    --------

-  FCAl will cause the following amount of shares to be issued to MIHHAIL DIDYK:

     Two  Hundred  and Twenty Nine Thousand One Hundred and Twenty Five (229125)
     Common Restricted (Rule 144) Shares of stock of FCAI, to be issued upon the
     completion  of  the  formal  acquisition  of  ANET  by  FOAl.

-  Additionally,  FCAI  will  pay  to  MIHHAIL  DIDYK,  in  cash,  as  follows:

     Twenty  Five  Thousand  Dollars  ($25,000.00 USD), within Ten (10) calendar
     days of the formal  acquisition  of  ANET  by  FCAI;

     Twenty  Five Thousand Dollars ($25,000.00 USD), within Ninety (90) calendar
     days of the  formal  acquisition  of  ANET  by  FCAI.

ADDITIONAL  CONDITIONS:
-----------------------

FCAl does hereby agree to invest up to Seventy-Five Thousand dollars into ANET's
current  operations  after the acquisition within 12-month period and subject to
FCAI's  Board  of  Directors  Approval  and  approved  investment  schedule.

Additionally  FCAI  will  agree  to guarantee to the current Management of ANET,
Employment  Contracts  and  further guarantee that ANET's representative will be
involved  in  the  Internet  related  corporate activities in the CIS and Baltic
Regions and that FCAI will agree to recognize all current, key employees of ANET
and  their  respective  contractual  rights  as an integral part of the proposed
Stock  Exchange  Agreement.

PRINCIPAL'S  COMPENSATION:
--------------------------

FCAl  does  hereby  agree  to  pay to the ANET's Company Principle - Mr. Mihhail
Didyk,  a  monthly  compensation of Two Thousand Dollars ($2,000.00 USD), during
the duration of his Management Contract and FCAI will pay this money directly to
Mr. Mihhail Didyk, into his designated account. Further, FCAl does also agree to
provide  to  Mr. Mihhail Didyk, all the Executive benefits as are reasonable and
customary  in  Estonia  for  an  individual  in  this  Executive  position.

Additionally,  Mr.  Mihhail Didyk will be subject to an additional bonus plan in
accordance  with  the  profitabilities  of the FCAI's ISP related activities, as
well  as,  the  FCAI's  overall  performance.

<PAGE>

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