Document:

Exhibit 10.02

                                  AMENDMENT TO
                              DEVELOPMENT AGREEMENT

This Agreement ("Agreement") entered into as of November 1, 2003 (the "Effective
Date") between Airos Group, Inc., an Ontario corporation, with offices at 151
Robinson St., Oakville, Ontario (the "Contractor") and Smart Chip Technologies,
a Florida corporation (the "Company"), with its corporate office at 330 E. Warm
Springs Rd., Las Vegas, NV 89119 and an Administrative Office, which will be its
principal place of business for this Agreement, at 7190 S. State St., #216, Salt
Lake City, UT 84047.

         WHEREAS, Contractor has provided to Company contact with a sales
organization with whom the Company has subsequently entered a Sales and
Marketing Agreement; and

         WHEREAS, the Company and the Contractor wish to amend their agreement
dated April 1, 2003, to provide appropriate compensation to Contractor,
effective November 1, 2003:

         NOW, THEREFORE, in consideration of the agreements and covenants
contained herein, the Contractor and the Company hereby modify their April 1,
2003, Development Agreement as follows:

1. Services

         1.1 (a) Term - This Agreement shall be for a term of five years (the
"Term") from the date of the original Development Agreement and shall be
terminable on the terms and subject to the conditions set forth in this
Agreement, and shall be extendable by mutual agreement.

2. Compensation

         2.2 Fees & Personnel - Commencing from the Effective Date, Contractor
shall be compensated for Services rendered at a rate of eighty dollars (US $80)
per hour for each senior person, and sixty five dollars (US $65) per hour for QA
and lower-level technicians engaged on behalf of Contractor in the Project (the
"Fee"). The Fee, which will include all billable hours plus pre-approved travel
expenses, will be payable per the conditions listed below. Contractor will use
his best efforts to avoid changing the Project personnel once they have begun
work on the Project, unless it is absolutely necessary. Contractor shall be
responsible for the payment of all taxes including without limitation, all
Canadian and provincial, income, unemployment, social security and medicare
taxes. Conditions of payment:

         (e)      Contractor's options on the Company stock at the rate of
                  100,000 shares each month, continuing for two years from the
                  effective date of the original agreement, as long as there is
                  an outstanding balance of Deferred Fees, will be issued at a
                  strike price equal to 100% of the closing stock price on the
                  last business day of the month. The options will be issued
                  monthly and are exercisable within three years of issuance.

                  If Contractor has implemented and deployed all of the
                  following by May 1, 2005, the monthly option compensation, as
                  described above, will continue for another year:

                  i.       A Global Platform and Multos solution on Smart Chips
                  ii.      Two or more POS terminal platforms
                  iii.     Magnetic stripe loyalty processing capabilities iv.
                           Loyalty by Product SKU

MR     Airos                       Page 1 of 2                         DS   SCTN
<PAGE>

         2.3 Stock compensation - The Company shall compensate the Contractor by
issuance of twelve million, eight hundred thousand (12,800,000) shares of SCTN
stock, restricted by SEC rule 144. Eleven million three hundred thousand
(11,300,000) of these shares will be issued by the Company as soon as possible,
and the remaining one million, five hundred thousand (1,500,000) will be issued
upon execution of the first Customer order for Products procured by the sales
organization that exceeds an up front amount of $200,000 or a total contract
value of more than $1 million over the initial term of the contract. The eleven
million three hundred thousand shares will be issued in the names and amounts as
requested by Contractor. The costs of printing multiple certificates shall be
borne by Contractor.

5. Miscellaneous

         5.2      Notices -

                  If to Company:
                           Smart Chip Technologies
                           7190 S. State St., #216
                           Salt Lake City, UT 84047

6. Stock Purchase (New)

         6.1 Qualified Investor - Contractor represents and warrants to the
Company that the Contractor is a Qualifies Investor, as defined by the SEC, and
hereby agrees to execute any necessary documents to disclose and stipulate that
fact per SEC regulations.

         6.2 Stock Purchase - Contractor agrees to purchase two million
(2,000,000) of the Company's 144 restricted stock at a price of thirty cents
($0.30) US per share. Payment for this stock will be in the form of a Note
payable to the Company at the rate of twenty five thousand dollars ($25,000) per
month, for twenty four (24) months.

         6.3 Note Payable to Company - Contractor agrees to execute an
interest-free Note, concurrently with this Amendment, secured by the assets of
the Airos Group, for six hundred thousand dollars ($600,000). Payments to the
Company will be made by Contractor, under this note, at the rate of twenty five
thousand dollars ($25,000) US per month, for twenty four (24) months, beginning
November 15, 2003. Payments more than ten (10) days late will be assessed a late
charge of three percent (3%) per month until paid.

         All other terms and conditions of the April 1, 2003, Development
Agreement will remain as originally agreed.

         IN WITNESS WHEREOF, each of the Company and the Contractor has caused
this Agreement to be signed by its duly authorized officer as of the day and
year first above written.

SMART CHIP TECHNOLOGIES                              AIROS GROUP INC.

By: /s/ David Simon                                  By: /s/ Miki Radivojsa
------------------------                             ---------------------------
Name: David J. Simon                                 Name: Miki Radivojsa
Title:Chairman & CEO                                 Title:President

MR     Airos                       Page 2 of 2                       DS     SCTNExhibit 10.03

                                 PROMISSORY NOTE

$600,000.00                                              Date:  November 1, 2003

1.       For value received, the undersigned [Airos Group or Miki Radivojsa]
         (the "Borrower"), at 151 Robinson St., Oakville, Ontario, Canada L6J
         7N3, promises to pay to the order of Smart Chip Technologies, (the
         "Lender"), at 7190 S. State St., #216, Salt Lake City, UT 84047, (or at
         such other place as the Lender may designate in writing) the sum of six
         hundred thousand dollars ($600,000.00), with no interest, in payments
         of twenty five thousand dollars ($25,000) on the first day of each
         month beginning November 15, 2003 and continuing through October 15,
         2005.

2.       If any payment obligation under this Note is not paid within ten (10)
         days of when due, a late fee of ten percent (3%) per month shall be
         added to the amount due.

3.       Any unpaid principal and accrued late charges shall be payable in full
         on October 15, 2005 (the "Due Date").

4.       This Note shall be secured by _the assets of the Airos Group .

5.       The Borrower reserves the right to prepay this Note (in whole or in
         part) prior to the Due Date with no prepayment penalty.

6.       If any payment obligation under this Note is not paid when due, the
         Borrower promises to pay all costs of collection, including reasonable
         attorney fees, whether or not a lawsuit is commenced as part of the
         collection process.

7.       If any of the following events of default occur, this Note and any
         other obligations of the Borrower to the Lender, shall become due
         immediately, without demand or notice:

         a. The failure of the Borrower to pay the principal and any accrued
            late charge in full on or before the Due Date;

         b. The death of the Borrower or Lender;

         c. The filing of bankruptcy proceedings involving the Borrower as a
            debtor;

         d. The application for the appointment of a receiver for the Borrower;

         e. The making of a general assignment for the benefit of the Borrower's
            creditors;

         f. The insolvency of the Borrower;

8.       If the Lender becomes bankrupt and unable to continue doing business,
         this Note shall become null and void immediately, without demand or
         notice.

9.       If any one or more of the provisions of this Note are determined to be
         unenforceable, in whole or in part, for any reason, the remaining
         provisions shall remain fully operative.

MR    Initials                       Page 1 of 2                   Initials_____

<PAGE>

PROMISSORY NOTE (Cont.)

10.      All payments of principal and interest on this Note shall be paid in
         the legal currency of the United States. The Borrower waives
         presentment for payment, protest, and notice of protest and nonpayment
         of this Note.

11.      No renewal or extension of this Note, delay in enforcing any right of
         the Lender under this Note, or assignment by Lender of this Note shall
         affect the liability or the obligations of the Borrower. All rights of
         the Lender under this Note are cumulative and may be exercised
         concurrently or consecutively at the Lender's option.

12.      This Note shall be construed in accordance with the laws of the State
         of Utah and the courts of the State of Utah, County of Salt Lake, shall
         be the jurisdiction and forum for the resolution of all disputes
         related to this agreement or arising there from.

Signed this 1st day of November, 2003, at Oakville, Ontario, Canada.

Borrower:
Airos Group

By: /s/ Miki Radivojsa
   ------------------------------------
     Airos Group

By: /s/ Miki Radivojsa
   ------------------------------------
     Miki Radivojsa

MR    Initials                       Page 2 of 2                   Initials_____

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