Document:

Exhibit  10.5

          THIS  WARRANT  AND  THE SHARES OF COMMON STOCK ISSUABLE UPON
          EXERCISE  OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE
          SECURITIES  ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES
          LAWS.  THIS  WARRANT  AND  THE  COMMON  STOCK  ISSUABLE UPON
          EXERCISE  OF THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE,
          PLEDGED  OR  HYPOTHECATED  IN  THE  ABSENCE  OF AN EFFECTIVE
          REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT AND
          ANY  APPLICABLE  STATE  SECURITIES  LAWS  OR  AN  OPINION OF
          COUNSEL  REASONABLY SATISFACTORY TO SEQUIAM CORPORATION THAT
          SUCH  REGISTRATION  IS  NOT  REQUIRED.

            Right to Purchase up to 666,666 Shares of Common Stock of
                               Sequiam Corporation
                               -------------------
                   (subject to adjustment as provided herein)

                          COMMON STOCK PURCHASE WARRANT

No. _________________                                Issue Date:  April 27, 2004

     SEQUIAM CORPORATION, a corporation organized under the laws of the State of
California ("Sequiam"), hereby certifies that, for value received, LAURUS MASTER
FUND,  LTD.,  or  assigns  (the "Holder"), is entitled, subject to the terms set
forth below, to purchase from the Company (as defined herein) from and after the
Issue  Date  of  this  Warrant  and at any time or from time to time before 5:00
p.m.,  New  York  time,  through  the  close  of  business  April  27, 2010 (the
"Expiration  Date"), up to 666,666 fully paid and nonassessable shares of Common
Stock  (as  hereinafter  defined),  $0.01 par value per share, at the applicable
Exercise  Price  per share (as defined below).  The number and character of such
shares  of  Common Stock and the applicable Exercise Price per share are subject
to  adjustment  as  provided  herein.

     As  used herein the following terms, unless the context otherwise requires,
have  the  following  respective  meanings:

          (a)     The  term  "Company" shall include Sequiam and any corporation
     which  shall  succeed,  or  assume  the  obligations of, Sequiam hereunder.

          (b)     The  term  "Common  Stock"  includes  (i) the Company's Common
     Stock,  par value $0.01 per share; and (ii) any other securities into which
     or  for  which  any  of the securities described in (a) may be converted or
     exchanged  pursuant  to a plan of recapitalization, reorganization, merger,
     sale  of  assets  or  otherwise.

          (c)     The  term  "Other  Securities" refers to any stock (other than
     Common  Stock)  and  other  securities  of  the Company or any other person
     (corporate  or otherwise) which the holder of the Warrant at any time shall
     be  entitled  to  receive,  or  shall  have

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     received,  on  the  exercise  of  the Warrant, in lieu of or in addition to
     Common  Stock,  or  which  at any time shall be issuable or shall have been
     issued  in  exchange  for  or  in  replacement  of  Common  Stock  or Other
     Securities  pursuant  to  Section  4  or  otherwise.

          (d)     The "Exercise Price" applicable under this Warrant shall be as
     follows:

               (i)     a  price  of  $0.83 [125% of the average closing price of
          Common Stock for the twenty (20) trading days immediately prior to the
          date  hereof]  for  the  first  222,222  shares  acquired  hereunder;

               (ii)     a  price  of $0.99 [150% of the average closing price of
          Common Stock for the twenty (20) trading days immediately prior to the
          date  hereof]  for  the  next  222,222  shares acquired hereunder; and

               (iii)     a  price of $1.16 [175% of the average closing price of
          Common Stock for the twenty (20) trading days immediately prior to the
          date  hereof]  for  any  additional  shares  acquired  hereunder.

     1.     Exercise  of  Warrant.
            ---------------------

          1.1     Number  of  Shares Issuable upon Exercise.  From and after the
                  -----------------------------------------
date  hereof  through  and  including  the  Expiration Date, the Holder shall be
entitled  to  receive,  upon  exercise  of  this Warrant in whole or in part, by
delivery  of  an original or fax copy of an exercise notice in the form attached
hereto  as  Exhibit  A  (the  "Exercise  Notice"), shares of Common Stock of the
Company,  subject  to  adjustment  pursuant  to  Section  4.

          1.2     Fair  Market  Value.  For  purposes  hereof,  the "Fair Market
                  -------------------
Value"  of  a  share of Common Stock as of a particular date (the "Determination
Date")  shall  mean:

          (a)     If  the Company's Common Stock is traded on the American Stock
     Exchange  or  another  national  exchange  or  is quoted on the National or
     SmallCap  Market  of  The  Nasdaq  Stock  Market,  Inc.("Nasdaq"), then the
     closing  or  last  sale price, respectively, reported for the last business
     day  immediately  preceding  the  Determination  Date.

          (b)     If  the  Company's  Common Stock is not traded on the American
     Stock  Exchange or another national exchange or on the Nasdaq but is traded
     on the NASD OTC Bulletin Board, then the mean of the average of the closing
     bid  and  asked  prices  reported  for  the  last  business day immediately
     preceding  the  Determination  Date.

          (c)     Except  as  provided  in  clause  (d)  below, if the Company's
     Common  Stock  is  not  publicly traded, then as the Holder and the Company
     agree  or in the absence of agreement by arbitration in accordance with the
     rules  then  in  effect  of  the American Arbitration Association, before a
     single  arbitrator  to  be  chosen  from  a  panel  of persons qualified by
     education  and  training  to  pass  on  the  matter  to  be  decided.

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          (d)     If  the  Determination  Date  is  the  date  of a liquidation,
     dissolution  or  winding  up,  or  any  event  deemed  to be a liquidation,
     dissolution  or  winding  up  pursuant  to  the Company's charter, then all
     amounts  to be payable per share to holders of the Common Stock pursuant to
     the  charter  in  the event of such liquidation, dissolution or winding up,
     plus  all  other  amounts  to be payable per share in respect of the Common
     Stock  in  liquidation under the charter, assuming for the purposes of this
     clause  (d)  that  all  of  the  shares  of Common Stock then issuable upon
     exercise  of  the  Warrant  are  outstanding  at  the  Determination  Date.

          1.3     Company  Acknowledgment.  The Company will, at the time of the
                  -----------------------
exercise  of  the  Warrant, upon the request of the holder hereof acknowledge in
writing  its  continuing obligation to afford to such holder any rights to which
such holder shall continue to be entitled after such exercise in accordance with
the  provisions  of  this  Warrant.  If  the  holder shall fail to make any such
request,  such failure shall not affect the continuing obligation of the Company
to  afford  to  such  holder  any  such  rights.

          1.4     Trustee  for  Warrant  Holders.  In  the  event that a bank or
                  ------------------------------
trust  company  shall  have  been  appointed  as  trustee for the holders of the
Warrant  pursuant  to  Subsection 3.2, such bank or trust company shall have all
the  powers  and  duties of a warrant agent (as hereinafter described) and shall
accept,  in its own name for the account of the Company or such successor person
as may be entitled thereto, all amounts otherwise payable to the Company or such
successor,  as  the  case  may  be, on exercise of this Warrant pursuant to this
Section  1.

     2.     Procedure  for  Exercise.
            ------------------------

          2.1     Delivery  of  Stock  Certificates,  Etc.,  on  Exercise.  The
                  -------------------------------------------------------
Company  agrees  that the shares of Common Stock purchased upon exercise of this
Warrant  shall  be deemed to be issued to the Holder as the record owner of such
shares  as of the close of business on the date on which this Warrant shall have
been  surrendered  and  payment made for such shares in accordance herewith.  As
soon  as  practicable after the exercise of this Warrant in full or in part, and
in  any  event  within  three  (3)  business days thereafter, the Company at its
expense  (including  the payment by it of any applicable issue taxes) will cause
to be issued in the name of and delivered to the Holder, or as such Holder (upon
payment  by  such  Holder  of  any  applicable  transfer  taxes)  may  direct in
compliance  with  applicable  securities laws, a certificate or certificates for
the  number  of  duly and validly issued, fully paid and nonassessable shares of
Common  Stock  (or  Other  Securities) to which such Holder shall be entitled on
such  exercise, plus, in lieu of any fractional share to which such holder would
otherwise  be  entitled, cash equal to such fraction multiplied by the then Fair
Market  Value  of  one  full  share,  together  with  any  other  stock or other
securities  and property (including cash, where applicable) to which such Holder
is entitled upon such exercise pursuant to Section 1 or otherwise.

          2.2     Exercise.  Payment  may  be  made  either  (i)  in  cash or by
                  --------
certified  or  official  bank check payable to the order of the Company equal to
the  applicable  aggregate  Exercise  Price, (ii) by delivery of the Warrant, or
shares  of  Common  Stock  and/or  Common  Stock receivable upon exercise of the
Warrant  in  accordance with Section (b) below, or (iii) by a combination of any
of  the  foregoing  methods,  for  the  number  of  Common  Shares  specified in

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such  Exercise  Notice (as such exercise number shall be adjusted to reflect any
adjustment  in the total number of shares of Common Stock issuable to the Holder
per  the  terms  of  this Warrant) and the Holder shall thereupon be entitled to
receive  the  number  of  duly  authorized,  validly  issued,  fully-paid  and
non-assessable  shares  of  Common  Stock  (or  Other  Securities) determined as
provided  herein.  Notwithstanding any provisions herein to the contrary, if the
Fair  Market  Value  of  one  share of Common Stock is greater than the Exercise
Price  (at  the  date  of calculation as set forth below), in lieu of exercising
this Warrant for cash, the Holder may elect to receive shares equal to the value
(as  determined  below) of this Warrant (or the portion thereof being exercised)
by  surrender  of  this  Warrant at the principal office of the Company together
with  the  properly  endorsed  Exercise  Notice in which event the Company shall
issue  to  the  Holder  a  number  of  shares of Common Stock computed using the
following  formula:

     X=Y     (A-B)
            -------
               A

     Where  X  = the number of shares of Common Stock to be issued to the Holder

     Y =  the  number of shares of Common Stock purchasable under the Warrant
          or,  if  only a portion of the Warrant is being exercised, the portion
          of  the  Warrant  being  exercised  (at  the date of such calculation)

     A =  the Fair Market Value of one share of the Company's Common Stock (at
          the  date  of  such  calculation)

     B =  Exercise  Price  (as  adjusted  to  the  date  of such calculation)

     3.     Effect  of  Reorganization,  Etc.;  Adjustment  of  Exercise  Price.
            -------------------------------------------------------------------

          3.1     Reorganization,  Consolidation,  Merger,  Etc.  In case at any
                  ---------------------------------------------
time  or  from  time to time, the Company shall (a) effect a reorganization, (b)
consolidate  with  or  merge  into  any  other  person,  or  (c) transfer all or
substantially all of its properties or assets to any other person under any plan
or  arrangement contemplating the dissolution of the Company, then, in each such
case,  as  a  condition  to  the  consummation of such a transaction, proper and
adequate  provision  shall  be  made  by  the Company whereby the Holder of this
Warrant,  on  the exercise hereof as provided in Section 1 at any time after the
consummation  of  such  reorganization, consolidation or merger or the effective
date  of  such  dissolution,  as  the case may be, shall receive, in lieu of the
Common  Stock  (or  Other  Securities)  issuable  on such exercise prior to such
consummation or such effective date, the stock and other securities and property
(including  cash)  to  which  such  Holder  would  have  been entitled upon such
consummation or in connection with such dissolution, as the case may be, if such
Holder  had so exercised this Warrant, immediately prior thereto, all subject to
further  adjustment  thereafter  as  provided  in  Section  4.

          3.2     Dissolution.  In  the  event of any dissolution of the Company
                  -----------
following  the transfer of all or substantially all of its properties or assets,
the  Company,  concurrently with any distributions made to holders of its Common
Stock,  shall  at its expense deliver or cause to be delivered to the Holder the
stock  and  other  securities  and  property  (including  cash,  where

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applicable) receivable by the Holder of the Warrant pursuant to Section 3.1, or,
if  the  Holder  shall  so  instruct  the  Company,  to  a bank or trust company
specified  by  the  Holder  and  having  its principal office in New York, NY as
trustee  for  the  Holder  of  the  Warrant  (the  "Trustee").

          3.3     Continuation  of  Terms.  Upon  any  reorganization,
                  -----------------------
consolidation,  merger  or transfer (and any dissolution following any transfer)
referred  to  in  this  Section 3, this Warrant shall continue in full force and
effect and the terms hereof shall be applicable to the shares of stock and other
securities  and  property  receivable  on the exercise of this Warrant after the
consummation  of  such  reorganization, consolidation or merger or the effective
date  of  dissolution following any such transfer, as the case may be, and shall
be  binding upon the issuer of any such stock or other securities, including, in
the  case of any such transfer, the person acquiring all or substantially all of
the  properties  or assets of the Company, whether or not such person shall have
expressly  assumed  the  terms of this Warrant as provided in Section 4.  In the
event  this  Warrant  does  not  continue  in  full  force  and effect after the
consummation of the transactions described in this Section 3, then the Company's
securities  and  property  (including  cash, where applicable) receivable by the
Holders  of  the  Warrant  will  be  delivered  to  Holder  or  the  Trustee  as
contemplated  by  Section  3.2.

     4.     Extraordinary  Events Regarding Common Stock.  In the event that the
            --------------------------------------------
Company  shall  (a) issue additional shares of the Common Stock as a dividend or
other  distribution  on  outstanding Common Stock, (b) subdivide its outstanding
shares  of  Common  Stock,  or  (c) combine its outstanding shares of the Common
Stock  into  a  smaller number of shares of the Common Stock, then, in each such
event,  the  Exercise  Price  shall,  simultaneously  with the happening of such
event,  be  adjusted  by  multiplying the then Exercise Price by a fraction, the
numerator  of  which  shall  be the number of shares of Common Stock outstanding
immediately prior to such event and the denominator of which shall be the number
of  shares  of  Common  Stock  outstanding immediately after such event, and the
product  so  obtained shall thereafter be the Exercise Price then in effect. The
Exercise  Price, as so adjusted, shall be readjusted in the same manner upon the
happening  of any successive event or events described herein in this Section 4.
The  number  of  shares  of  Common  Stock that the holder of this Warrant shall
thereafter,  on  the  exercise  hereof  as provided in Section 1, be entitled to
receive  shall  be increased to a number determined by multiplying the number of
shares  of  Common  Stock  that  would otherwise (but for the provisions of this
Section 4) be issuable on such exercise by a fraction of which (a) the numerator
is  the  Exercise  Price  that  would  otherwise (but for the provisions of this
Section 4) be in effect, and (b) the denominator is the Exercise Price in effect
on  the  date  of  such  exercise.

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     5.     Certificate  as  to  Adjustments.  In each case of any adjustment or
            --------------------------------
readjustment in the shares of Common Stock (or Other Securities) issuable on the
exercise  of  the  Warrant,  the  Company at its expense will promptly cause its
Chief Financial Officer or other appropriate designee to compute such adjustment
or  readjustment  in  accordance  with  the  terms  of the Warrant and prepare a
certificate  setting forth such adjustment or readjustment and showing in detail
the  facts  upon  which  such  adjustment  or readjustment is based, including a
statement of (a) the consideration received or receivable by the Company for any
additional shares of Common Stock (or Other Securities) issued or sold or deemed
to  have been issued or sold, (b) the number of shares of Common Stock (or Other
Securities)  outstanding or deemed to be outstanding, and (c) the Exercise Price
and  the  number  of shares of Common Stock to be received upon exercise of this
Warrant,  in  effect immediately prior to such adjustment or readjustment and as
adjusted  or readjusted as provided in this Warrant.  The Company will forthwith
mail  a  copy  of  each  such  certificate  to the holder of the Warrant and any
Warrant agent of the Company (appointed pursuant to Section 11 hereof).

     6.     Reservation  of  Stock,  Etc., Issuable on Exercise of Warrant.  The
            --------------------------------------------------------------
Company  will  at  all times reserve and keep available, solely for issuance and
delivery  on  the  exercise  of  the  Warrant,  shares of Common Stock (or Other
Securities) from time to time issuable on the exercise of the Warrant.

     7.     Assignment;  Exchange  of  Warrant.  Subject  to  compliance  with
            ----------------------------------
applicable  securities  laws, this Warrant, and the rights evidenced hereby, may
be  transferred  by any registered holder hereof (a "Transferor") in whole or in
part.  On  the  surrender  for  exchange  of this Warrant, with the Transferor's
endorsement  in  the  form  of  Exhibit  B  attached  hereto  (the  "Transferor
Endorsement  Form")  and  together  with evidence reasonably satisfactory to the
Company  demonstrating  compliance  with applicable securities laws, which shall
include,  without  limitation,  the  provision  of  a  legal  opinion  from  the
Transferor's  counsel  (at  the  Company's expense) that such transfer is exempt
from  the  registration  requirements  of  applicable  securities laws, and with
payment  by  the  Transferor  of  any  applicable transfer taxes) will issue and
deliver  to  or  on  the  order  of the Transferor thereof a new Warrant of like
tenor,  in the name of the Transferor and/or the transferee(s) specified in such
Transferor  Endorsement  Form (each a "Transferee"), calling in the aggregate on
the face or faces thereof for the number of shares of Common Stock called for on
the face or faces of the Warrant so surrendered by the Transferor.

     8.     Replacement  of  Warrant.  On  receipt  of  evidence  reasonably
            ------------------------
satisfactory  to  the  Company  of the loss, theft, destruction or mutilation of
this  Warrant  and,  in  the case of any such loss, theft or destruction of this
Warrant,  on  delivery  of  an  indemnity  agreement  or  security  reasonably
satisfactory  in  form  and  amount  to  the Company or, in the case of any such
mutilation,  on  surrender  and cancellation of this Warrant, the Company at its
expense  will execute and deliver, in lieu thereof, a new Warrant of like tenor.

     9.     Registration  Rights.  The  Holder  of this Warrant has been granted
            --------------------
certain  registration  rights by the Company.  These registration rights are set
forth  in  a  Registration  Rights  Agreement  entered  into  by the Company and
Purchaser  dated  as  of  even  date  of  this  Warrant.

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     10.     Maximum  Exercise.  The  Holder  shall  not be entitled to exercise
             -----------------
this  Warrant  on  an exercise date, in connection with that number of shares of
Common  Stock which would be in excess of the sum of (i) the number of shares of
Common  Stock beneficially owned by the Holder and its affiliates on an exercise
date,  and  (ii) the number of shares of Common Stock issuable upon the exercise
of this Warrant with respect to which the determination of this proviso is being
made  on  an  exercise  date,  which would result in beneficial ownership by the
Holder and its affiliates of more than 4.99% of the outstanding shares of Common
Stock  of  the  Company  on  such  date.  For the purposes of the proviso to the
immediately  preceding  sentence,  beneficial  ownership  shall be determined in
accordance  with  Section  13(d)  of  the  Securities  Exchange  Act of 1934, as
amended,  and  Regulation  13d-3 thereunder.  Notwithstanding the foregoing, the
restriction described in this paragraph may be revoked upon 75 days prior notice
from  the Holder to the Company and is automatically null and void upon an Event
of  Default  under  the  Note.

     11.     Warrant  Agent.  The  Company  may,  by  written notice to the each
             --------------
Holder  of the Warrant, appoint an agent for the purpose of issuing Common Stock
(or  Other  Securities)  on  the exercise of this Warrant pursuant to Section 1,
exchanging  this  Warrant  pursuant  to  Section  7,  and replacing this Warrant
pursuant  to  Section  8,  or  any  of  the  foregoing,  and thereafter any such
issuance,  exchange  or  replacement,  as the case may be, shall be made at such
office  by  such  agent.

     12.     Transfer on the Company's Books.  Until this Warrant is transferred
             -------------------------------
on  the books of the Company, the Company may treat the registered holder hereof
as the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary.

     13.     Notices,  Etc.  All  notices  and  other  communications  from  the
             -------------
Company  to the Holder of this Warrant shall be mailed by first class registered
or  certified  mail, postage prepaid, at such address as may have been furnished
to  the Company in writing by such Holder or, until any such Holder furnishes to
the  Company an address, then to, and at the address of, the last Holder of this
Warrant who has so furnished an address to the Company.

     14.     Voluntary  Adjustment  by the Company.  The Company may at any time
             -------------------------------------
during  the  term  of this Warrant reduce the then current Exercise Price to any
amount  and  for any period of time deemed appropriate by the Board of Directors
of  the  Company.

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     15.     Miscellaneous.  This  Warrant  and  any term hereof may be changed,
             -------------
waived,  discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is  sought.  This  Warrant shall be governed by and construed in accordance with
the laws of State of New York without regard to principles of conflicts of laws.
Any  action  brought  concerning  the  transactions contemplated by this Warrant
shall  be  brought only in the state courts of New York or in the federal courts
located  in the state of New York; provided, however, that the Holder may choose
to  waive this provision and bring an action outside the state of New York.  The
individuals  executing  this Warrant on behalf of the Company agree to submit to
the  jurisdiction  of such courts and waive trial by jury.  The prevailing party
shall be entitled to recover from the other party its reasonable attorney's fees
and  costs.  In  the  event  that  any  provision  of this Warrant is invalid or
unenforceable  under  any applicable statute or rule of law, then such provision
shall  be  deemed  inoperative  to the extent that it may conflict therewith and
shall  be deemed modified to conform with such statute or rule of law.  Any such
provision  which  may  prove  invalid  or  unenforceable under any law shall not
affect  the  validity  or enforceability of any other provision of this Warrant.
The  headings  in this Warrant are for purposes of reference only, and shall not
limit  or  otherwise  affect  any  of  the  terms  hereof.  The  invalidity  or
unenforceability  of any provision hereof shall in no way affect the validity or
enforceability  of  any  other  provision hereof.  The Company acknowledges that
legal  counsel  participated  in the preparation of this Warrant and, therefore,
stipulates  that  the  rule  of construction that ambiguities are to be resolved
against  the  drafting  party shall not be applied in the interpretation of this
Warrant  to  favor  any  party  against  the  other  party.

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                            SIGNATURE PAGE FOLLOWS.]

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     IN  WITNESS  WHEREOF,  the Company has executed this Warrant as of the date
first  written  above.

                                               SEQUIAM  CORPORATION

WITNESS:
                                               By:
                                                      --------------------------
                                               Name:
                                                      --------------------------
                                               Title:
-----------------------------                         --------------------------

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<PAGE>
                                    EXHIBIT A

                              FORM OF SUBSCRIPTION
                   (To Be Signed Only On Exercise Of Warrant)

TO:  Sequiam  Corporation

     Attention:     Chief  Financial  Officer

     The  undersigned,  pursuant  to  the  provisions  set forth in the attached
Warrant (No.____), hereby irrevocably elects to purchase (check applicable box):

________      ________ shares of the Common Stock covered by such Warrant; or

________      the  maximum  number  of  shares  of Common Stock covered by such
              Warrant  pursuant to the cashless exercise procedure set forth in
              Section  2.

     The  undersigned herewith makes payment of the full Exercise Price for such
shares  at  the  price  per  share  provided  for  in  such  Warrant,  which  is
$___________.  Such  payment  takes the form of (check applicable box or boxes):

________      $__________ in lawful money of the United States; and/or

________      the  cancellation  of  such portion of the attached Warrant as is
              exercisable  for a total of _______ shares of Common Stock (using
              a  Fair  Market  Value of $_______ per share for purposes of this
              calculation);  and/or

________      the  cancellation  of such number of shares of Common Stock as is
              necessary,  in  accordance  with the formula set forth in Section
              2.2,  to exercise this Warrant with respect to the maximum number
              of  shares  of  Common Stock purchasable pursuant to the cashless
              exercise  procedure  set  forth  in  Section  2.

     The undersigned requests that the certificates for such shares be issued in
the  name  of,  and  delivered to ______________________________________________
whose  address  is
___________________________________________________________________________.

     The  undersigned  represents  and warrants that all offers and sales by the
undersigned of the securities issuable upon exercise of the within Warrant shall
be made pursuant to registration of the Common Stock under the Securities Act of
1933,  as  amended  (the  "Securities  Act")  or  pursuant  to an exemption from
registration  under  the  Securities  Act.

Dated:___________________________   ___________________________________________
                                    (Signature must conform to name of holder as
                                    specified on the face of the  Warrant)

                                    Address:____________________________________

                                            ____________________________________

                                      A-1
<PAGE>
                                    EXHIBIT B

                         FORM OF TRANSFEROR ENDORSEMENT
                   (To Be Signed Only On Transfer Of Warrant)

     For  value  received,  the undersigned hereby sells, assigns, and transfers
unto  the  person(s)  named  below  under  the  heading  "Transferees" the right
represented  by  the  within  Warrant  to  purchase the percentage and number of
shares  of  Common  Stock  of  Sequiam Corporation into which the within Warrant
relates  specified  under  the  headings  "Percentage  Transferred"  and "Number
Transferred,"  respectively, opposite the name(s) of such person(s) and appoints
each  such  person  Attorney  to  transfer  its respective right on the books of
Sequiam  Corporation  with  full  power  of  substitution  in  the  premises.

                                                  Percentage        Number
Transferees             Address                   Transferred     Transferred
-----------             -------                   -----------     -----------

______________________  ________________________  ____________  ______________

______________________  ________________________  ____________  ______________

______________________  ________________________  ____________  ______________

______________________  ________________________  ____________  ______________

Dated:___________________________   ___________________________________________
                                    (Signature must conform to name of holder as
                                    specified on the face of the  Warrant)

                                    Address:____________________________________

                                            ____________________________________

                                     SIGNED  IN  THE  PRESENCE  OF:

                                     ___________________________________________
                                                       (Name)

ACCEPTED  AND  AGREED:
[TRANSFEREE]

____________________________________
              (Name)

                                      B-1
<PAGE>Exhibit  10.6

                               SUBSIDIARY GUARANTY

New York, New York                                                April 27, 2004

     FOR VALUE RECEIVED, and in consideration of note purchases from, loans made
or  to  be  made or credit otherwise extended or to be extended by Laurus Master
Fund, Ltd. ("Laurus") to or for the account of Sequiam Corporation, a California
corporation ("Debtor"), from time to time and at any time and for other good and
valuable consideration and to induce Laurus, in its discretion, to purchase such
notes,  make  such  loans  or  extensions  of  credit  and to make or grant such
renewals,  extensions, releases of collateral or relinquishments of legal rights
as  Laurus may deem advisable, each of the undersigned (and each of them if more
than  one,  the  liability under this Guaranty being joint and several) (jointly
and severally referred to as "Guarantors " or "the undersigned") unconditionally
guaranties  to  Laurus, its successors, endorsees and assigns the prompt payment
when  due  (whether  by  acceleration  or  otherwise)  of all present and future
obligations  and liabilities of any and all kinds of Debtor to Laurus and of all
instruments  of  any  nature  evidencing or relating to any such obligations and
liabilities upon which Debtor or one or more parties and Debtor is or may become
liable  to  Laurus,  whether  incurred  by  Debtor  as  maker, endorser, drawer,
acceptor,  guarantors  , accommodation party or otherwise, and whether due or to
become  due, secured or unsecured, absolute or contingent, joint or several, and
however  or  whenever  acquired  by Laurus, whether arising under, out of, or in
connection  with  (i) that certain Securities Purchase Agreement dated as of the
date  hereof  by  and  between  the  Debtor  and  Laurus  Master Fund, Ltd. (the
"Securities  Purchase  Agreement"),  (ii)  that certain Secured Convertible Note
dated  as  of  the  date hereof made by the Debtor in favor of Laurus (the "Term
Note"),  (iii)  that  certain  Warrant  dated  as of the date hereof made by the
Debtor in favor of Laurus (the "Warrant"), (iv) that certain Registration Rights
Agreement  dated as of the date hereof by and between the Debtor and Laurus (the
"Registration  Rights  Agreement"),  (v)  that certain Master Security Agreement
dated  as  of the date hereof by and between the Debtor, certain subsidiaries of
the Debtor and Laurus (the "Master Security Agreement"), (vi) that certain Stock
Pledge  Agreement  dated  as  of  the  date  hereof  among  the  Debtor, certain
subsidiaries of the Debtor and Laurus (the "Stock Pledge Agreement"), (vii) that
certain  Escrow  Agreement  dated as of the date hereof among the Debtor, Laurus
and  the  escrow  agent  referred to therein (the "Escrow Agreement") and (viii)
this  Guaranty,  (ix)  any  incremental  funding  referred  to  in  that certain
Incremental  Funding  Side Letter, dated the date hereof, between the Debtor and
Laurus (the "Incremental Funding Side Letter"), (x) any other additional funding
provided  by  Laurus  to, or investments made by Laurus in, the Debtor after the
date  hereof  (the  agreements  and  documents  evidencing  such  funding and/or
investments,  collectively,  the  "Additional  Funding Agreements") and (xi) the
Subordination Agreement dated as of the date hereof among Mark Mroczkowski, Nick
VandenBrekel  and  the Purchaser (the "Subordination Agreement") (the Securities
Purchase  Agreement,  the  Term  Note,  the  Warrant,  the  Registration  Rights
Agreement, the Master Security Agreement, the Stock Pledge Agreement, the Escrow
Agreement,  this  Guaranty,  the Incremental Funding Side Letter, the Additional
Funding  Agreements  and  the  Subordination  Agreement, as each may be amended,
modified,  restated or supplemented from time to time, are collectively referred
to  herein  as  the  "Documents"),  or  any documents, instruments or agreements
relating  to  or  executed  in  connection  with  the  Documents  or  any

                                        1
<PAGE>
documents,  instruments  or  agreements referred to therein or otherwise, or any
other  indebtedness, obligations or liabilities of the Debtor to Laurus, whether
now  existing  or  hereafter  arising,  direct  or  indirect,  liquidated  or
unliquidated, absolute or contingent, due or not due and whether under, pursuant
to  or evidenced by a note, agreement, guaranty, instrument or otherwise (all of
which  are  herein  collectively  referred  to  as  the  "Obligations"),  and
irrespective  of the genuineness, validity, regularity or enforceability of such
Obligations,  or  of  any instrument evidencing any of the Obligations or of any
collateral  therefor  or  of  the  existence  or  extent of such collateral, and
irrespective of the allowability, allowance or disallowance of any or all of the
Obligations  in  any  case commenced by or against Debtor under Title 11, United
States  Code,  including,  without  limitation,  obligations  or indebtedness of
Debtor  for  post-petition  interest,  fees,  costs  and charges that would have
accrued  or been added to the Obligations but for the commencement of such case.
Terms not otherwise defined herein shall have the meaning assigned such terms in
the  Securities  Purchase  Agreement.  In  furtherance  of  the  foregoing,  the
undersigned  hereby  agrees  as  follows:

     1.      No  Impairment.  Laurus  may  at  any  time  and from time to time,
             --------------
either  before  or  after  the  maturity  thereof,  without notice to or further
consent of the undersigned, extend the time of payment of, exchange or surrender
any  collateral  for,  renew  or  extend  any  of the Obligations or increase or
decrease  the  interest rate thereon, or any other agreement with Debtor or with
any  other  party  to  or person liable on any of the Obligations, or interested
therein,  for  the extension, renewal, payment, compromise, discharge or release
thereof, in whole or in part, or for any modification of the terms thereof or of
any  agreement  between  Laurus and Debtor or any such other party or person, or
make  any  election  of rights Laurus may deem desirable under the United States
Bankruptcy  Code,  as  amended,  or  any  other  federal  or  state  bankruptcy,
reorganization,  moratorium  or  insolvency  law  relating  to  or affecting the
enforcement of creditors' rights generally (any of the foregoing, an "Insolvency
Law")  without in any way impairing or affecting this Guaranty.  This instrument
shall  be  effective  regardless  of  the  subsequent  incorporation,  merger or
consolidation  of Debtor, or any change in the composition, nature, personnel or
location of Debtor and shall extend to any successor entity to Debtor, including
a  debtor  in  possession  or  the  like  under  any  Insolvency  Law.

                                        2
<PAGE>
     2.      Guaranty  Absolute.  Subject  to  Section  5(c),  each  of  the
             ------------------
undersigned  jointly  and severally guarantees that the Obligations will be paid
strictly  in  accordance  with  the  terms  of  the  Documents  and/or any other
document,  instrument  or  agreement  creating  or  evidencing  the Obligations,
regardless  of  any  law,  regulation or order now or hereafter in effect in any
jurisdiction  affecting  any  of such terms or the rights of Debtor with respect
thereto.  Guarantors  hereby knowingly accept the full range of risk encompassed
within  a  contract of "continuing guaranty" which risk includes the possibility
that  Debtor  will  contract additional indebtedness for which Guarantors may be
liable hereunder after Debtor's financial condition or ability to pay its lawful
debts  when  they  fall due has deteriorated, whether or not Debtor has properly
authorized  incurring such additional indebtedness.  The undersigned acknowledge
that (i) no oral representations, including any representations to extend credit
or provide other financial accommodations to Debtor, have been made by Laurus to
induce  the  undersigned  to  enter into this Guaranty and (ii) any extension of
credit  to  the  Debtor  shall  be  governed  solely  by  the  provisions of the
Documents.  The  liability  of each of the undersigned under this Guaranty shall
be absolute and unconditional, in accordance with its terms, and shall remain in
full  force  and effect without regard to, and shall not be released, suspended,
discharged,  terminated or otherwise affected by, any circumstance or occurrence
whatsoever,  including, without limitation: (a) any waiver, indulgence, renewal,
extension, amendment or modification of or addition, consent or supplement to or
deletion  from  or  any  other  action  or  inaction  under or in respect of the
Documents  or any other instruments or agreements relating to the Obligations or
any  assignment  or  transfer  of  any  thereof,  (b)  any  lack  of validity or
enforceability  of  any  Document  or other documents, instruments or agreements
relating  to  the  Obligations or any assignment or transfer of any thereof, (c)
any  furnishing  of  any  additional  security to Laurus or its assignees or any
acceptance  thereof  or  any release of any security by Laurus or its assignees,
(d) any limitation on any party's liability or obligation under the Documents or
any  other  documents,  instruments or agreements relating to the Obligations or
any assignment or transfer of any thereof or any invalidity or unenforceability,
in  whole  or in part, of any such document, instrument or agreement or any term
thereof,  (e)  any  bankruptcy,  insolvency,  reorganization,  composition,
adjustment,  dissolution,  liquidation  or  other  like  proceeding  relating to
Debtor,  or  any  action  taken  with respect to this Guaranty by any trustee or
receiver,  or  by  any  court,  in  any  such  proceeding,  whether  or  not the
undersigned  shall  have  notice  or  knowledge of any of the foregoing, (f) any
exchange,  release  or  nonperfection  of  any  collateral,  or  any release, or
amendment  or  waiver  of or consent to departure from any guaranty or security,
for  all  or  any  of  the Obligations or (g) any other circumstance which might
otherwise constitute a defense available to, or a discharge of, the undersigned.
Any  amounts  due  from the undersigned to Laurus shall bear interest until such
amounts are paid in full at the highest rate then applicable to the Obligations.
Obligations  include post-petition interest whether or not allowed or allowable.

     3.     Waivers.
             -------

          3.1      This Guaranty is a guaranty of payment and not of collection.
Laurus  shall  be  under  no  obligation  to  institute suit, exercise rights or
remedies or take any other action against Debtor or any other person liable with
respect  to  any of the Obligations or resort to any collateral security held by
it  to secure any of the Obligations as a condition precedent to the undersigned
being  obligated  to  perform as agreed herein and each of the Guarantors hereby
waives  any and all rights which it may have by statute or otherwise which would
require  Laurus

                                        3
<PAGE>
to  do  any of the foregoing. Each of the Guarantors further consents and agrees
that  Laurus  shall  be  under  no  obligation to marshal any assets in favor of
Guarantors,  or  against  or  in  payment  of any or all of the Obligations. The
undersigned  hereby  waives  all suretyship defenses and any rights to interpose
any  defense,  counterclaim  or  offset  of any nature and description which the
undersigned  may have or which may exist between and among Laurus, Debtor and/or
the  undersigned  with  respect  to  the  undersigned's  obligations  under this
Guaranty,  or  which Debtor may assert on the underlying debt, including but not
limited  to  failure of consideration, breach of warranty, fraud, payment (other
than  cash  payment  in full of the Obligations), statute of frauds, bankruptcy,
infancy,  statute  of  limitations,  accord  and  satisfaction,  and  usury.

          3.2      Each  of  the  undersigned  further  waives (i) notice of the
acceptance  of  this  Guaranty, of the making of any such loans or extensions of
credit,  and of all notices and demands of any kind to which the undersigned may
be entitled, including, without limitation, notice of adverse change in Debtor's
financial  condition  or  of  any other fact which might materially increase the
risk of the undersigned and (ii) presentment to or demand of payment from anyone
whomsoever  liable upon any of the Obligations, protest, notices of presentment,
non-payment  or  protest  and  notice  of any sale of collateral security or any
default  of  any  sort.

          3.3      Notwithstanding  any  payment  or  payments  made  by  the
undersigned  hereunder, or any setoff or application of funds of the undersigned
by  Laurus, the undersigned shall not be entitled to be subrogated to any of the
rights  of Laurus against Debtor or against any collateral or guarantee or right
of  offset  held  by  Laurus  for  the payment of the Obligations, nor shall the
undersigned  seek  or be entitled to seek any contribution or reimbursement from
Debtor  in  respect  of  payments  made  by the undersigned hereunder, until all
amounts owing to Laurus by Debtor on account of the Obligations are paid in full
and  Laurus'  obligation  to  extend  credit pursuant to the Documents have been
terminated.  If,  notwithstanding the foregoing, any amount shall be paid to the
undersigned  on  account  of such subrogation rights at any time when all of the
Obligations  shall  not  have been paid in full and Laurus' obligation to extend
credit  pursuant  to  the  Documents shall not have been terminated, such amount
shall  be  held  by  the  undersigned in trust for Laurus, segregated from other
funds  of the undersigned, and shall forthwith upon, and in any event within two
(2)  business  days  of, receipt by the undersigned, be turned over to Laurus in
the  exact form received by the undersigned (duly endorsed by the undersigned to
Laurus,  if required), to be applied against the Obligations, whether matured or
unmatured,  in  such order as Laurus may determine, subject to the provisions of
the  Documents.  Any  and all present and future debts and obligations of Debtor
to  any  of  the  undersigned  are  hereby waived and postponed in favor of, and
subordinated  to  the  full  payment  and performance of, all present and future
debts  and  Obligations  of  Debtor  to  Laurus.

     4.      Security.  All  sums  at  any time to the credit of the undersigned
             --------
and  any  property of the undersigned in Laurus' possession or in the possession
of  any bank, financial institution or other entity that directly or indirectly,
through  one  or  more intermediaries, controls or is controlled by, or is under
common  control  with, Laurus (each such entity, an "Affiliate") shall be deemed
held  by  Laurus  or such Affiliate, as the case may be, as security for any and
all  of  the undersigned's obligations to Laurus and to any Affiliate of Laurus,
no  matter  how  or when arising and whether under this or any other instrument,
agreement  or  otherwise.

                                        4
<PAGE>
     5.      Representations  and  Warranties.  Each  of  the  undersigned
             --------------------------------
respectively, hereby jointly and severally represents and warrants (all of which
representations  and  warranties  shall  survive  until  all  Obligations  are
indefeasibly  satisfied  in  full  and  the  Documents  have  been  irrevocably
terminated),  that:

          5.1      Corporate  Status.  It  is  a  corporation,  partnership  or
                   -----------------
limited  liability company, as the case may be, duly organized, validly existing
and  in  good  standing  under  the  laws  of  its  jurisdiction of organization
indicated  on  the signature page hereof and has full power, authority and legal
right to own its property and assets and to transact the business in which it is
engaged.

          5.2      Authority  and  Execution.  It  has full power, authority and
                   -------------------------
legal  right  to execute and deliver, and to perform its obligations under, this
Guaranty and has taken all necessary corporate, partnership or limited liability
company,  as  the  case  may be, action to authorize the execution, delivery and
performance  of  this  Guaranty.

          5.3      Legal,  Valid  and  Binding  Character.  This  Guaranty
                   --------------------------------------
constitutes  its  legal,  valid and binding obligation enforceable in accordance
with  its  terms,  except  as  enforceability  may  be  limited  by  applicable
bankruptcy,  insolvency,  reorganization,  moratorium  or  other laws of general
application  affecting  the  enforcement  of  creditor's  rights  and  general
principles  of  equity  that  restrict  the  availability  of equitable or legal
remedies.

          5.4      Violations.  The  execution, delivery and performance of this
                   ----------
Guaranty  will  not  violate  any  requirement  of  law  applicable to it or any
contract,  agreement or instrument to it is a party or by which it or any of its
property  is bound or result in the creation or imposition of any mortgage, lien
or  other  encumbrance  other  than  to  Laurus on any of its property or assets
pursuant  to  the  provisions  of  any  of  the  foregoing, which, in any of the
foregoing cases, could reasonably be expected to have, either individually or in
the  aggregate,  a  Material  Adverse  Effect.

          5.5      Consents  or  Approvals.  No  consent  of any other person or
                   -----------------------
entity  (including,  without limitation, any creditor of the undersigned) and no
consent,  license, permit, approval or authorization of, exemption by, notice or
report  to,  or  registration,  filing  or  declaration  with,  any governmental
authority  is  required in connection with the execution, delivery, performance,
validity or enforceability of this Guaranty by it, except to the extent that the
failure to obtain any of the foregoing could not reasonably be expected to have,
either  individually  or  in  the  aggregate,  a  Material  Adverse  Effect.

          5.6      Litigation.  No  litigation,  arbitration,  investigation  or
                   ----------
administrative  proceeding  of  or  before any court, arbitrator or governmental
authority,  bureau  or  agency  is  currently  pending  or,  to  the best of its
knowledge,  threatened  (i)  with  respect  to  this  Guaranty  or  any  of  the
transactions  contemplated  by this Guaranty or (ii) against or affecting it, or
any  of  its  property  or  assets,  which,  in  each of the foregoing cases, if
adversely  determined,  could  reasonably be expected to have a Material Adverse
Effect.

                                        5
<PAGE>
          5.7      Financial  Benefit.  It  has  derived  or expects to derive a
                   ------------------
financial  or  other advantage from each and every loan, advance or extension of
credit  made  under  the Documents or other Obligation incurred by the Debtor to
Laurus.

     6.      Acceleration.
             ------------

          6.1      If  any breach of any covenant or condition or other event of
default  or  Event  of  Default  (as defined in any Document) shall occur and be
continuing under any agreement made by Debtor or any of the Guarantors to Laurus
(including  without  limitation,  under  any Document) , any and all Obligations
shall  for purposes hereof, at Laurus' option, be deemed due and payable without
notice  notwithstanding  that any such Obligation is not then due and payable by
Debtor.

          6.2      Each  of  the  undersigned will promptly notify Laurus of any
default  by  such undersigned in its respective performance or observance of any
term  or  condition  of any agreement to which the undersigned is a party if the
effect of such default is to cause, or permit the holder of any obligation under
such  agreement  to  cause,  such  obligation  to become due prior to its stated
maturity  (in  each  case,  after  giving effect to applicable cure and/or grace
periods) and, if such an event occurs, Laurus shall have the right to accelerate
such  undersigned's  obligations  hereunder.

     7.      Payments  from  Guarantors.  Laurus,  in  its  sole  and  absolute
             --------------------------
discretion,  with  or without notice to the undersigned, may apply on account of
the  Obligations  any  payment  from the undersigned or any other guarantors, or
amounts  realized  from any security for the Obligations, or may deposit any and
all  such  amounts  realized  in  a non-interest bearing cash collateral deposit
account  to  be  maintained  as  security  for  the  Obligations.

     8.      Costs.  The  undersigned  shall  pay on demand, all costs, fees and
             -----
expenses  (including  expenses  for  legal  services  of every kind) relating or
incidental to the enforcement or protection of the rights of Laurus hereunder or
under  any  of  the  Obligations.

     9.      No  Termination.  This  is  a  continuing  irrevocable guaranty and
             ---------------
shall  remain  in full force and effect and be binding upon the undersigned, and
each  of  the undersigned's successors and assigns, until all of the Obligations
have  been  paid in full and Laurus' obligation to extend credit pursuant to the
Documents  has  been  irrevocably  terminated.  If  any of the present or future
Obligations  are guarantied by persons, partnerships or corporations in addition
to  the  undersigned, the death, release or discharge in whole or in part or the
bankruptcy,  merger, consolidation, incorporation, liquidation or dissolution of
one  or  more  of  them  shall  not  discharge  or affect the liabilities of any
undersigned  under  this  Guaranty.

                                        6
<PAGE>
     10.     Recapture.  Anything  in  this  Guaranty  to  the  contrary
             ---------
notwithstanding,  if  Laurus  receives any payment or payments on account of the
liabilities guaranteed hereby, which payment or payments or any part thereof are
subsequently  invalidated,  declared to be fraudulent or preferential, set aside
and/or  required  to  be repaid to a trustee, receiver, or any other party under
any  Insolvency Law, common law or equitable doctrine, then to the extent of any
sum  not  finally  retained  by  Laurus, the undersigned's obligations to Laurus
shall  be reinstated and this Guaranty shall remain in full force and effect (or
be reinstated) until payment shall have been made to Laurus, which payment shall
be  due  on  demand.

     11.     Books  and  Records.  The  books  and records of Laurus showing the
             -------------------
account  between Laurus and Debtor shall be admissible in evidence in any action
or  proceeding,  shall  be  binding  upon  the  undersigned  for  the purpose of
establishing  the items therein set forth and shall constitute prima facie proof
thereof.

     12.     No  Waiver.  No  failure  on the part of Laurus to exercise, and no
             ----------
delay  in  exercising,  any  right, remedy or power hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise by Laurus of any right,
remedy  or  power  hereunder  preclude any other or future exercise of any other
legal  right,  remedy  or  power.  Each and every right, remedy and power hereby
granted  to  Laurus  or allowed it by law or other agreement shall be cumulative
and  not  exclusive of any other, and may be exercised by Laurus at any time and
from  time  to  time.

     13.     Waiver  of  Jury  Trial.  EACH  OF  THE  UNDERSIGNED  DOES  HEREBY
             -----------------------
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT TO TRIAL BY JURY IN ANY
ACTION  OR  PROCEEDING  BASED  ON OR WITH RESPECT TO THIS GUARANTY OR ANY OF THE
TRANSACTIONS  CONTEMPLATED  HEREBY  OR  RELATING  OR  INCIDENTAL  HERETO.  THE
UNDERSIGNED  DOES  HEREBY  CERTIFY THAT NO REPRESENTATIVE OR AGENT OF LAURUS HAS
REPRESENTED,  EXPRESSLY  OR  OTHERWISE,  THAT  LAURUS WOULD NOT, IN THE EVENT OF
LITIGATION,  SEEK  TO  ENFORCE  THIS  WAIVER  OF  RIGHT TO JURY TRIAL PROVISION.

                                        7
<PAGE>
     14.     Governing Law; Jurisdiction; Amendments.  THIS INSTRUMENT CANNOT BE
             ---------------------------------------
CHANGED  OR  TERMINATED ORALLY, AND SHALL BE GOVERNED, CONSTRUED AND INTERPRETED
AS  TO  VALIDITY,  ENFORCEMENT  AND IN ALL OTHER RESPECTS IN ACCORDANCE WITH THE
LAWS  OF  THE STATE OF NEW YORK WITHOUT HAVING EFFECT TO PRINCIPLES OF CONFLICTS
OF  LAWS.  EACH  OF  THE  UNDERSIGNED EXPRESSLY CONSENTS TO THE JURISDICTION AND
VENUE  OF THE SUPREME COURT OF THE STATE OF NEW YORK, COUNTY OF NEW YORK, AND OF
THE  UNITED  STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK FOR ALL
PURPOSES  IN  CONNECTION  HEREWITH.  ANY  JUDICIAL PROCEEDING BY THE UNDERSIGNED
AGAINST  LAURUS INVOLVING, DIRECTLY OR INDIRECTLY ANY MATTER OR CLAIM IN ANY WAY
ARISING  OUT  OF,  RELATED TO OR CONNECTED HEREWITH SHALL BE BROUGHT ONLY IN THE
SUPREME  COURT OF THE STATE OF NEW YORK, COUNTY OF NEW YORK OR THE UNITED STATES
DISTRICT  COURT  FOR THE SOUTHERN DISTRICT OF NEW YORK.  THE UNDERSIGNED FURTHER
CONSENTS  THAT  ANY  SUMMONS,  SUBPOENA  OR  OTHER PROCESS OR PAPERS (INCLUDING,
WITHOUT  LIMITATION,  ANY NOTICE OR MOTION OR OTHER APPLICATION TO EITHER OF THE
AFOREMENTIONED  COURTS  OR A JUDGE THEREOF) OR ANY NOTICE IN CONNECTION WITH ANY
PROCEEDINGS  HEREUNDER, MAY BE SERVED INSIDE OR OUTSIDE OF THE STATE OF NEW YORK
OR  THE  SOUTHERN  DISTRICT  OF NEW YORK BY REGISTERED OR CERTIFIED MAIL, RETURN
RECEIPT  REQUESTED,  OR  BY  PERSONAL  SERVICE  PROVIDED  A  REASONABLE TIME FOR
APPEARANCE IS PERMITTED, OR IN SUCH OTHER MANNER AS MAY BE PERMISSIBLE UNDER THE
RULES  OF  SAID  COURTS.  EACH  OF  THE  UNDERSIGNED  WAIVES  ANY  OBJECTION  TO
JURISDICTION  AND VENUE OF ANY ACTION INSTITUTED HEREON AND SHALL NOT ASSERT ANY
DEFENSE  BASED  ON  LACK  OF  JURISDICTION  OR  VENUE  OR  BASED  UPON FORUM NON
CONVENIENS.

     15.     Severability.  To  the  extent  permitted  by  applicable  law, any
             ------------
provision  of  this  Guaranty  which  is  prohibited  or  unenforceable  in  any
jurisdiction  shall,  as  to  such jurisdiction, be ineffective to the extent of
such  prohibition  or  unenforceability  without  invalidating  the  remaining
provisions  hereof,  and  any  such  prohibition  or  unenforceability  in  any
jurisdiction  shall not invalidate or render unenforceable such provision in any
other  jurisdiction.

     16.     Amendments,  Waivers.  No  amendment  or waiver of any provision of
             --------------------
this Guaranty nor consent to any departure by the undersigned therefrom shall in
any  event  be effective unless the same shall be in writing executed by each of
the  undersigned  directly  affected by such amendment and/or waiver and Laurus.

     17.     Notice.  All  notices,  requests  and  demands  to  or  upon  the
             ------
undersigned,  shall be in writing and shall be deemed to have been duly given or
made  (a)  when  delivered,  if  by  hand,  (b) three (3) days after being sent,
postage  prepaid,  if  by  registered  or  certified  mail,  (c)  when confirmed
electronically,  if  by  facsimile,  or  (d)  when delivered, if by a recognized
overnight  delivery  service  in  each  event, to the numbers and/or address set
forth  beneath  the  signature  of  the  undersigned.

                                        8
<PAGE>
     18.     Successors.  Laurus  may,  from time to time, without notice to the
             ----------
undersigned,  sell,  assign, transfer or otherwise dispose of all or any part of
the  Obligations  and/or  rights  under  this  Guaranty.  Without  limiting  the
generality  of the foregoing, Laurus may assign, or grant participations to, one
or  more  banks, financial institutions or other entities all or any part of any
of  the  Obligations.  In  each  such event, Laurus, its Affiliates and each and
every  immediate and successive purchaser, assignee, transferee or holder of all
or any part of the Obligations shall have the right to enforce this Guaranty, by
legal  action  or  otherwise, for its own benefit as fully as if such purchaser,
assignee,  transferee  or  holder  were  herein  by name specifically given such
right.  Laurus  shall  have an unimpaired right to enforce this Guaranty for its
benefit  with  respect  to  that portion of the Obligations which Laurus has not
disposed of, sold, assigned, or otherwise transferred.

     19.     Release.  Nothing  except  cash  payment in full of the Obligations
             -------
shall  release  any  of  the  undersigned  from  liability  under this Guaranty,
provided  that  this  Guaranty shall be released upon the provision by Laurus of
written confirmation to the Debtor that (x) all indebtedness obligations owed by
the  Debtor  or  any  Guarantor  to  Laurus have been repaid in full (including,
without  limitation,  all principal, interest and fees related to the Term Note,
any  indebtedness  referred  to  in  the  Incremental  Funding  Side Letter, any
Additional  Funding  Agreements  and  any other indebtedness outstanding at such
time  and  owed  to  Laurus)  and  (y)  all  commitments  by  Laurus to fund any
indebtedness  have  been  terminated  in  their  entirety.

                        [REMAINDER OF THIS PAGE IS BLANK.
                       SIGNATURE PAGE IMMEDIATELY FOLLOWS]

                                        9
<PAGE>
     IN WITNESS WHEREOF, this Guaranty has been executed by the undersigned this
27th  day  of  April,  2004.

                                        SEQUIAM  SOFTWARE,  INC.

                                        By:
                                               ---------------------------------
                                        Name:
                                               ---------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:  300  Sunport  Lane
                                        Orlando,  FL  32809

                                        Telephone:  407-541-0773
                                        Facsimile:  407-240-1431
                                        State  of  Incorporation:  California

                                        SEQUIAM  BIOMETRICS,  INC.

                                        By:
                                        Name:
                                        Title:

                                        Address:  300  Sunport  Lane
                                        Orlando,  FL  32809

                                        Telephone:  407-541-0773
                                        Facsimile:  407-240-1431
                                        State  of  Incorporation:  Florida

                                        SEQUIAM  EDUCATION,  INC.

                                        By:
                                        Name:
                                        Title:

                                        Address:  300  Sunport  Lane
                                        Orlando,  FL  32809

                                        Telephone:  407-541-0773
                                        Facsimile:  407-240-1431
                                        State  of  Incorporation:  Florida

                                       10
<PAGE>
                                        SEQUIAM  SPORTS,  INC.

                                        By:
                                        Name:
                                        Title:

                                        Address:  300  Sunport  Lane
                                        Orlando,  FL  32809

                                        Telephone:  407-541-0773
                                        Facsimile:  407-240-1431
                                        State  of  Incorporation:  Delaware

                                        FINGERPRINT  DETECTION
                                        TECHNOLOGIES,  INC.

                                        By:
                                        Name:
                                        Title:

                                        Address:  300  Sunport  Lane
                                        Orlando,  FL  32809

                                        Telephone:  407-541-0773
                                        Facsimile:  407-240-1431
                                        State  of  Incorporation:  Florida

                                       11
<PAGE>

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