Document:

EXHIBIT 4.1

                            STOCK ESCROW AGREEMENT

 STATE OF TEXAS      S
                     S         KNOW ALL MEN BY THESE PRESENTS THAT
 COUNTY OF DALLAS    S

      THIS STOCK  ESCROW  AGREEMENT  (hereinafter sometimes  referred  to  as
 "this Agreement") is entered. into effective  the 14 day of December,  2001,
 between Integrated Performance Systems, Inc., (IPFS) a corporation organized
 under the laws of the State  of New York (hereinafter sometimes referred  to
 as "the  Company")  and Telvest  Communications,  LLC, a  limited  liability
 company organized  under  the  laws  of  the  State  of  Texas  (hereinafter
 sometimes referred to as "Escrow Agent").

      WHEREAS, the  Company desires  to sell  and convey  certain, shares  of
 stock  in  Integrated   Performance  Systems  Inc,   which  stock  is   more
 particularly described in Exhibit "A" attached hereto and by this reference,
 incorporated herein  as  though set  forth  in full  (hereinafter  sometimes
 referred to as "the Stock"); and

      WHEREAS, in order for the Company to  make such sale of the Stock,  the
 Company has negotiated an arrangement whereby  such Stock will be placed  in
 escrow with an escrow agent such that the stock purchaser's funds will  also
 be escrowed with such escrow  agent and that no  delivery of stock or  stock
 occurs until all parties have performed; and

      WHEREAS, the  Company has  asked Escrow  Agent to  assist in  complying
 with and facilitating the terms of such stock sale arrangement by serving as
 the designated Escrow Agent.

      NOW,  THEREFORE, for  and in  consideration  of the  mutual  covenants,
 promises and  agreements herein,  set forth,  the  parties hereto  agree  as
 follows:

 1.   The  Company   shall  deliver   to   Escrow  Agent   all   certificates
      representing ownership of the shares of stock sold by the Company.  The
      certificates will  be issued  in the  name of  Telvest  Communications,
      LLC.

 2.   The Company has agreed to sell such  Stock at an amount equal to  forty
      percent (40%) per share of the offer price  of the stock at the end  of
      the business day (i.e. 4:00 o'clock P. M. Eastern Standard Time in  New
      York City, New York, USA) prior to the  trade date.  The stock sold  by
      the Company  shall be  delivered to  the Escrow  Agent in  lots of  one
      hundred thousand (100,000) and the certificates shall be issued in  the
      name of Telvest  Communications, LLC.   All monetary  amounts or  funds
      contemplated herein  are specifically  agreed to  be in  United  States
      dollars.

 3.   Upon receipt by Escrow Agent of funds sufficient to consummate sale  of
      all or a portion of the Stock  under the terms stated herein, and  upon
      receipt by Escrow Agent  of notice sufficient to  Escrow Agent of  such
      funds having cleared Escrow  Agent's bank and  being funds free,  clear
      and available for payment to  Escrow Agent, Escrow Agent shall,  notify
      the Company (a) of the  funds availability for use in the  consummation
      of a sale of  all or a portion  of the Stock and  (b) of the number  of
      shares to be  conveyed and the  amount to be  paid to  the Company  for
      such Stock.

 4.   The  Company  shall bear  all expenses  and  costs reasonably  incurred
      by  the   Transfer  Agent  in  the  consummation  of  the  transactions
      contemplated by this Agreement.

 5.   The parties hereto acknowledge  and agree that  in order to  consummate
      the transaction contemplated herein, it  shall be necessary for  Escrow
      Agent to  enter  into similar  escrow  agreements with  other  parties,
      including the  purchasers  of the  stock,  but Escrow  Agent  shall  be
      entitled to maintain confidentiality as  to the terms, conditions,  and
      provisions of any such, of the Escrow Agreements.

 6.   Unless prior written  notice is actually  received by  the other  party
      hereto, each party hereto does  hereby agree that their  representative
      addresses for notice are as indicated below their signatures hereon.

 7.   If conflicting demands are made  or notice served upon Escrow Agent  or
      legal action  taken in  connection with  this Agreement,  Escrow  Agent
      shall not be required to determine the  same or take any action in  the
      premises,  but  Escrow  Agent  may   withhold  and  stop  all   further
      proceedings without liability therefore, or Escrow Agent may file  suit
      interpleader or for declaratory  relief.  If  Escrow Agent is  required
      to respond to any legal  summons or proceedings in connection with  the
      transactions  contemplated by  this  agreement  or  if  any  action  of
      interpleader or  declaratory relief  is brought  by Escrow  Agent,  the
      Company agrees to  pay all reasonable  costs, expenses and,  reasonable
      attorney's fees  expended  or incurred  by  Escrow Agent,  and  a  lien
      against all  Company  stock  in Escrow  Agent's  possession  is  hereby
      created in  Escrow Agent's  favor to  cover said  items.   The  Company
      agrees to save Escrow  Agent harmless as  escrow holder hereunder  from
      all loss and expenses, including  reasonable attorney's fees and  court
      costs sustained by reason of any action, legal or otherwise, which  may
      in anywise arise out of this Agreement, before or after the closing  of
      the transaction contemplated herein, notwithstanding anything in  these
      instructions to the contrary.

 8.   This Agreement shall be binding upon and shall inure to the benefit  of
      the heirs,  executors, administrators,  successors and  assigns of  the
      parties hereto.

 9.   This Agreement shall be  governed, by the laws  of the State of  Texas,
      and exclusive venue shall be deemed to be in Dallas County, Texas.

 10.  This Agreement  is  executed  in multiple  originals  effective  12/14,
      2001.

                               Integrated Performance Systems. Inc.

                               BY: /s/ D. Ronald Allen
                               --------------------------
                               D. Ronald Allen, President
                               17300 N. Dallas Parkway
                               Suite 2040
                               Dallas, Texas 75248

                               Telvest Communications LLC.

                               BY: /s/ Jackie G Gross
                               --------------------------
                               Jackie G Gross, President
                               351 S. Sherman St.
                               Suite 101
                               Richardson, Texas 75081.

<PAGE>

                               EXHIBIT "A"

 Certificate Number  Number of Shares  Class of Shares  Special Restrictions
 ------------------  ----------------  ---------------  --------------------
     Unknown            4,000,000          Common         144 RestrictionEXHIBIT 4.2

                                                       Stock Escrow Agreement
 ----------------------------------------------------------------------------

 AGREEMENT AND INSTRUCTION of escrow made and entered  in multiple parts this
 23rd, October, 2003 by and between Integrated Performance Systems, Inc. (the
 "Seller"); and  Morgan Watts  & Associates  Ltd., a  Nevis corporation  (the
 "Advisor"); and Scott Mayer, a private citizen of USA (the "Escrow Agent").

 WHEREAS, the Seller intends to sell in reliance on Regulation S,  restricted
 common stock of Integrated Performance Systems, Inc., to certain  purchasers
 who are not "U.S. Persons" as defined  in Regulation S (the " Investors"  or
 "purchasers") pursuant to stock purchase agreements.

 WHEREAS, pending the sale of shares of Integrated Performance Systems, Inc.,
 the Advisor desires to  deposit funds contributed by  the Investors with  an
 Escrow Agent and

 WHEREAS, the Seller intends  to privately offer  common stock of  Integrated
 Performance Systems, Inc.,  (the "Shares") only  to Investors,  and only  in
 full compliance with Regulation S, promulgated  under the Securities Act  of
 1933, as amended ("Regulation S").

 WHEREAS, the  Advisor  has  negotiated  an  arrangement  with  one  or  more
 Investors to introduce or arrange for  the purchase of Shares in  Integrated
 Performance Systems, Inc.

 WHEREAS, the Escrow Agent is willing  to accept appointment as Escrow  Agent
 for only the expressed duties, terms and conditions outlined herein.

 NOW, THEREFORE, in consideration  of the premises  and agreements set  forth
 herein, the parties hereto agree as follows:

  1. Consideration. Each party hereto recognizes and agrees that this  Escrow
     Agreement is fully supported  by the consideration recited here in  and,
     independently, by the mutual covenants and promises contained hereto.

  2. Purposes  of Escrow and  Description of  Deposits. The  purpose of  this
     Escrow  is to  create a  depository  account for  the receipt  and  safe
     keeping  of Integrated  Performance  Systems, Inc.,  share  certificates
     during the  term of a  Share Purchase Agreement  between the Seller  and
     the Investors.

     The Advisor shall cause the  payment of the funds necessary to  purchase
     the Shares and cause the  delivery of such funds to the Escrow Agent  by
     wire transfer. Escrow  Agent shall deposit such  funds in a firm  escrow
     account  until disbursements are  made according  to the  terms of  this
     Agreement.

     The  Advisor shall  provide any  information necessary  to identify  the
     Investors, including, but not, limited to their legal names to be  shown
     on  all  Share  Certificates, their  addresses  for  delivery  of  such,
     passport  numbers  and  Country  of  issuance  or  other  identification
     numbers as may be required  by any transfer agent, and number of  shares
     purchased. Escrow Agent shall remit to Seller an amount equal to  thirty
     six percent  (36%) of the  offer price at  the end of  the business  day
     prior to the trade date multiplied by the number of shares sold on  such
     trade date.  It is understood that  any funds paid  by the Investor  for
     the  Shares in excess  of such  thirty six  percent (36%)  of the  offer
     price  at the  end of  the business  day i.e.  4:00 o'clock  PM  Eastern
     Standard Time in  New York City, New York USA)  prior to the trade  date
     shall be  paid by the Escrow  Agent to the Advisor  when such sales  are
     settled. The "trade  date" is the date  the Advisor actually accepts  an
     order  for the  purchase of  all or  a  portion of  the  Shares  from an
     Investor. Seller  shall cause  the Shares sold  to be  delivered to  the
     Escrow Agent  within two  business  days following receipt  by Seller of
     notice  from  Escrow  Agent of  the  amount  of  Shares  sold,  and  the
     information described above pertaining to the Investors.

   COMPLIANCE WITH REGULATION S.

   The Shares shall not be sold to any  person that is, or could be  expected
   to be, a "U.S. Person" as  such term defined in Regulation S,  promulgated
   under the Securities  Act of 1933, as  amended ("Regulation S").   Advisor
   and Escrow  Agent shall comply  in all  respects, with  Regulation S,  and
   Advisor will provide any and all required notices and information to  each
   purchaser of Shares.

   Each purchaser of  the Shares (Investor) must  certify to Advisor that  it
   is not a U.S. Person and is  not acquiring the securities for the  account
   or benefit of any U.S. Person.  In  addition, the purchaser of the  Shares
   (Investor) must agree not to  resell such Shares except in accordance  and
   full compliance  with the  provisions of  Regulation S  (Rule 901  through
   Rule  905, and  Preliminary  Notes)  pursuant to  registration  under  the
   Securities Act, or pursuant to an available exemption from  registrations;
   and must further agree not  to engage in hedging transactions with  regard
   to such securities.  All parties including the Investor, acknowledge,  and
   in the case of Investor, will be informed by Advisor, that any failure  to
   comply with  this restriction  is  a violation  of United  Slates  federal
   securities laws.

   Advisor  shall send  a  confirmation  or other  notice  to  the  purchaser
   stating that the  purchaser is subject to  the restrictions on offers  and
   sales set forth in Regulation S.

   Each certificate representing the Shares shall have the following  legend,
   in addition to the standard Restricted Securities/Rule 144 Legend;

       "THE SHARES REPRESENTED BY  THIS CERTIFICATE WERE OFFERED AND SOLD  IN
       RELIANCE  UPON REGULATION  S  UNDER THE  SECURITIES  ACT OF  1933,  AS
       AMENDED,  AND MAY  NOT BE  OFFERED, SOLD  OR TRANFERRED,  DIRECTLY  OR
       INDIRECILY, TO ANY "U.S. PERSON" AS DEFINED IN REGULATION S OR IN  THE
       UNITED STATES OF  AMERICA (INCLUDING ITS POSSESSIONS AND  TERRITORIES)
       UNLESS THE SHARES ARE FIRST REGISTERED UNDER THE SECURITIES ACT OR  AN
       EXEMPTION  FROM REGISTRATION UNDER  THE SECURITIES  ACT IS  AVAILABLE.
       HEDGING TRANSACTIONS INVOLVING  IN ANY WAY THE SECURITIES  REPRESENTED
       BY THIS CERTIFICATE MAY NOT BE CONDUCTED, DIRECTLY OR INDIRECTLY."

  3. Terms of Withdrawal and Close of Escrow. The Escrow Agent shall  receive
     the Share Certificates from  the Seller and shall hold the  certificates
     until the Investors have  completed payment to the Seller in  accordance
     with the Stock Purchase Agreement.   In no event shall the Escrow  Agent
     transfer  any  shares  of  the  Seller  to  the  Investors  without  the
     Investors  showing  they   have  completed  the  Agreement  and   Seller
     confirming in  writing (or by electronic  mail) to Escrow Agent  receipt
     of the proceeds of the sale of Shares.

     Upon  receipt by the Escrow Agent of funds sufficient to consummate  the
     sale and  purchase of all  or a portion  of the Shares  under the  terms
     stated herein and upon receipt by the Escrow Agent of notice  sufficient
     to the Escrow Agent of such funds having cleared Escrow Agents bank  and
     being funds free, clear and  available for payment by the Escrow  Agent,
     Escrow Agent shall notify the Advisor and Seller, on a weekly basis,  of
     the  funds availability  for uses  in  the consummation  of a  sale  and
     purchase of all or a portion of the Shares. Escrow Agent shall  maintain
     adequate  records to  ensure that  each purchaser  is properly  credited
     with any  amount remitted to  Escrow Agent by  such purchaser, and  that
     such purchaser  receives the proper number  of shares purchased by  such
     purchaser.

     Upon receipt  by the Escrow  Agent of notice  of the funds  availability
     the Escrow Agent  shall give written notice by  telefax or email to  the
     Advisor of  the number of shares  to be purchased and  the amount to  be
     paid  to the  Advisor as  stated above,  the Advisor  shall execute  its
     agreement to  such sale and purchase  by way of a  release letter.   The
     Advisor  agrees to  return a  copy  of the  executed release  letter  by
     telefax or email to the Escrow Agent.

     Upon receipt by the  Escrow Agent of the  telefaxed copy of the  Release
     Agreement,  the Escrow  Agent shall  either instruct  Seller to  deliver
     certificates, registered  in the name of  the individual purchasers,  to
     the Escrow  Agent for subsequent delivery  to such purchases, or  Escrow
     Agent is authorized to and agrees to send to the Integrated  Performance
     Systems, Inc., Transfer  Agent (currently American Registrar &  Transfer
     Company)  sufficient certificates  of  stock on  hand  and  instructions
     sufficient to consummate  the sale and purchase  of the shares of  stock
     to the ultimate Investor. The Escrow Agent shall forward to the  Advisor
     that portion of the funds  payable to the Advisor as defined above,  net
     of costs  and expenses for  bank charges, mail  charges, transfer  agent
     fees or courier charges.   Upon request from time to time, Escrow  Agent
     shall reimburse  Seller for any fees  for issuance of certificates  paid
     by Seller to the transfer agent.  The Escrow Agent shall be entitled  to
     pay such amount  to the Advisor by wire transfer  as soon as the  Escrow
     Agent is  reasonably able to  go to Escrow  Agents bank  to execute  the
     instructions to the  bank for such wire  transfer, subject to a  minimum
     available escrow balance of $10,000.

     All moneys  and funds contemplated in this Agreement shall be in  United
     States Dollars.

  4. Duty and  Liability of the Escrow  Agent.  The sole  duty of the  Escrow
     Agent, other than  as herein specified, shall  be to receive said  funds
     and  certificates  and  hold them  subject  to  release,  in  accordance
     herewith,  and the  Escrow Agent  shall be  under no  duty to  determine
     whether the Seller and the Investors are complying with requirements  of
     this Agreement  in tendering to  the Escrow Agent  said proceeds of  the
     sale of  said Shares. The  Escrow Agent may  conclusively rely upon  and
     shall be  protected in acting upon  any statement, certificate,  notice,
     request, consent, order or other  document believed by it to be  genuine
     and to  have been signed or  presented by the  proper party or  parties.
     The Escrow  Agent shall have  no duty or  liability to  verify any  such
     statement,  certificate,  notice,   request.  consent  order  or   other
     document and its sole responsibility  shall be to act only as  expressly
     set  forth  in this  Agreement.  The  Escrow Agent  shall  be  under  no
     obligation  to institute or  defend any  action, suit  or proceeding  in
     connection  with  this   Agreement  unless  first  indemnified  to   its
     satisfaction.  The  Escrow Agent may consult  counsel in respect of  any
     question arising under this Agreement and the Escrow Agent shall not  be
     liable for  any action taken  or omitted in  good faith  upon advice  of
     such counsel.

  5. Escrow Agents Fee.  The  Escrow Agent shall be entitled to  compensation
     of  $100.00, due  upon execution  of this  agreement which  compensation
     shall  be paid  by the  Seller. The  fee agreed  upon for  the  services
     rendered  hereunder is  intended as  full  compensation for  the  Escrow
     Agents services  as contemplated by  this Agreement  however the  Escrow
     Agent  may  also  charge  against  Funds  payable  to  the  Advisor  any
     necessary and reasonable costs such as, though not limited to  certified
     mailings  or any filing  and service  fees related  to any  Interpleader
     Action.

  6. Notices. All notices, requests, demands, and other communications  under
     this Agreement  shall be in  writing and shall  be deemed  to have  been
     duly given (a) on the date of service if served personally on the  party
     to whom notice is to be given (b) on the day of transmission if sent  by
     facsimile  to   the  facsimile  number   given  below,  and   telephonic
     confirmation  of  receipt  is  obtained  promptly  after  completion  of
     transmission,  (c) on  the  day after  delivery  to Federal  Express  or
     similar overnight courier or the Express Mail service maintained by  the
     United States Postal Service, or (d) on the fifth day after mailing,  if
     mailed to the party to whom notice is to be given, by first class  mail,
     registered  or  certified,  postage  prepaid,  and  properly  addressed,
     return receipt requested, to the party as follows:

     If to the Seller:

     C/O: 10501 FM 72O East
          Frisco, TX 75035, USA

     If to the Advisor:

     C/O: P.O. Box 556, Main Street
          Charlestown, Nevis

     If to the Escrow Agent:

     C/O: 450 1st Street East
          Sonoma, CA 95416, USA

 Any party may change  its address for purposes  of this paragraph by  giving
 the other party written notice  of the new address  in the manner set  forth
 above.

  7. Indemnification of  Escrow Agent.   All parties  hereby indemnifies  and
     holds harmless  the Escrow  Agent from and  against, any  and all  loss,
     liability,  cost,  damage and  expense,  including  without  limitation,
     reasonable counsel fees, which the  Escrow Agent may suffer or incur  by
     reason of  any action, claim  or proceeding brought  against the  Escrow
     Agent by the  indemnifying party arising out of  or relating in any  way
     to this  Agreement or any  transaction to which  this Agreement  relates
     unless such  action, claim or  proceeding is the  result of the  willful
     misconduct of the Escrow Agent.

  8. Successors and Assigns. Except as otherwise provided in this  Agreement,
     no  party  hereto  shall   assign  this  Agreement  or  any  rights   or
     obligations hereunder  without the prior  written consent  of the  other
     parties  hereto and  any such  attempted assignment  without such  prior
     written  consent  shall  be void  and  of  no  force  and  effect.  This
     Agreement shall inure  to the benefit of and  shall be binding upon  the
     successors and permitted assigns of the parties hereto,

  9. Governing  Law,.  Jurisdiction.  This  Agreement  shall  be   construed,
     performed,  and  enforced  in accordance  with,  and  governed  by,  the
     internal laws of the State  of California. USA without giving effect  to
     the principles of conflicts of laws thereof.

 10. Severability.  In the event that any part of this Agreement is  declared
     by any court or other judicial or administrative body to be null,  void,
     or unenforceable, said provision shall  survive to the extent it is  not
     so declared,  and all of  the other provisions  of this Agreement  shall
     remain in full force and effect.

 11. Amendments: Waivers.  This Agreement may be amended & modified, and  any
     of  the terms,  covenants,  representations, warranties,  or  conditions
     hereof  may be  waive, only  by  a written  instrument executed  by  the
     parties  hereto, or  in the  case  of a  waiver,  by the  party  waiving
     compliance.  Any waiver by any party of any condition, or of the  breach
     of any provision, term, covenant, representation, or warranty  contained
     in this Agreement, in any one or more instances, shall not be deemed  to
     be nor construed as further or continuing waiver of any such  condition,
     or   of  the   breach   of   any  other   provision,   term,   covenant,
     representation, or warranty of this Agreement.

 12. Entire  Agreement.  This Agreement  contains  the  entire  understanding
     among the parties hereto with respect to the escrow contemplated  hereby
     and  supersedes and replaces  all prior  and contemporaneous  agreements
     and understandings, oral or written, with regard to such escrow.

 13. Headings.  The section  headings in  this  Agreement are  for  reference
     purposes  only and shall  not affect  the meaning  or interpretation  of
     this Agreement.

 14. Counterparts. This  Agreement may be  executed in  counterparts each  of
     which shall  be deemed an  original, but all  of which shall  constitute
     the same instrument.

 15. Resignation.  Escrow Agent  may  resign  upon 30  days  advance  written
     notice to. If a successor  Escrow Agent is not appointed within the  30-
     day period  following such notice, Escrow  Agent may petition any  court
     of competent jurisdiction to name a successor Escrow Agent.

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
 executed the day and year first set forth above.

 Seller:

 /s/ D. Ronald Allen
 ------------------------------------
 By: D. Ron Allen
 Its: President

 Advisor:

 /s/ David Downes
 ------------------------------------
 By: David Downes
 Its: Attorney-In-Fact under Power of Attorney Escrow Agent:

 /s/ Scott Mayer
 ------------------------------------
 By: Scott Mayer

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