Document:

Exhibit 10.9

                          REGISTRATION RIGHTS AGREEMENT

     REGISTRATION RIGHTS AGREEMENT (this "AGREEMENT"), dated as of August 16,
2001 by and among CYCO.NET INC., a Nevada corporation, with its principal office
located at 4201 Yale Blvd. NE, Suite G, Albuquerque, New Mexico 87107 (the
"COMPANY"), and CORNELL CAPITAL PARTNERS L.P., ( the "INVESTOR" ).

     WHEREAS:

     A. In connection with the Equity Line of Credit Agreement by and between
the parties hereto of even date herewith (the "EQUITY LINE OF CREDIT
AGREEMENT"), the Company has agreed, upon the terms and subject to the
conditions of the Equity Line of Credit Agreement, to issue and sell to the
Investor that number of shares of the Company's common stock, par value $0.001
per share (the "COMMON STOCK"), which can be purchased pursuant to the terms of
the Equity Line of Credit Agreement for an aggregate purchase price of up to
Five Million Dollars ($5,000,000). Capitalized terms not defined herein shall
have the meaning ascribed to them in the Equity Line of Credit Agreement.

     B. To induce the Investor to execute and deliver the Equity Line of Credit
Agreement, the Company has agreed to provide certain registration rights under
the Securities Act of 1933, as amended, and the rules and regulations there
under, or any similar successor statute (collectively, the "1933 ACT"), and
applicable state securities laws.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants
contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Company and the Investor
hereby agree as follows:

     1.   DEFINITIONS.

          As used in this Agreement, the following terms shall have the
following meanings:

          a. "INVESTOR" means the Investor and any transferee or assignee
thereof to whom the Investor assigns its rights under this Agreement and who
agrees to become bound by the provisions of this Agreement in accordance with
Section 9.

          b. "PERSON" means a corporation, a limited liability company, an
association, a partnership, an organization, a business, an individual, a
governmental or political subdivision thereof or a governmental agency.

          c. "REGISTER," "REGISTERED," and "REGISTRATION" refer to a
registration effected by preparing and filing one or more Registration
Statements (as defined below) in compliance with the 1933 Act and pursuant to
<PAGE>
Rule 415 under the 1933 Act or any successor rule providing for offering
securities on a continuous or delayed basis ("RULE 415"), and the declaration or
ordering of effectiveness of such Registration Statement(s) by the United States
Securities and Exchange Commission (the "SEC").

          d. "REGISTRABLE SECURITIES" means the shares of Common Stock issuable
to Investors pursuant to the Credit Agreement.

          e. "REGISTRATION STATEMENT" means a registration statement under the
1933 Act which covers the Registrable Securities.

     2.   REGISTRATION.

          a. MANDATORY REGISTRATION. The Company shall prepare and file with the
SEC a Registration Statement on Form S-3 covering the resale of all of the
Registrable Securities. In the event that Form S-3 is unavailable for such a
registration, the Company shall use such other form as is available for such a
registration. The Company shall cause such Registration Statement to be declared
effective by the SEC prior to the first sale to Investors of the Company's
Common Stock pursuant to the Equity Line of Credit Agreement.

          b. INELIGIBILITY FOR FORM S-3. In the event that Form S-3 is not
available for the registration of Registrable Securities hereunder, the Company
shall (i) register the sale of the Registrable Securities on another appropriate
form and (ii) undertake to register the Registrable Securities on Form S-3 as
soon as such form is available, provided that the Company shall maintain the
effectiveness of the Registration Statement then in effect until such time as a
Registration Statement on Form S-3 covering the Registrable Securities has been
declared effective by the SEC.

          c. SUFFICIENT NUMBER OF SHARES REGISTERED. In the event the number of
shares available under a Registration Statement filed pursuant to Section 2(a)
is insufficient to cover all of the Registrable Securities which the Investor
has purchased pursuant to the Equity Line of Credit Agreement, the Company shall
amend the Registration Statement, or file a new Registration Statement (on the
short form available therefore, if applicable), or both, so as to cover all of
such Registrable Securities which the Investor has purchased pursuant to the
Equity Line of Credit Agreement as soon as practicable, but in any event not
later than fifteen (15) days after the necessity therefore arises. The Company
shall use it best efforts to cause such amendment and/or new Registration
Statement to become effective as soon as practicable following the filing
thereof. For purposes of the foregoing provision, the number of shares available
under a Registration Statement shall be deemed "insufficient to cover all of the
Registrable Securities" if at any time the number of Registrable Securities
issuable on an Advance Notice Date is greater than the number of shares
available for resale under such Registration Statement.

                                       2
<PAGE>
     3.   RELATED OBLIGATIONS.

          a. The Company shall keep the Registration Statement effective
pursuant to Rule 415 at all times until the date on which the Investor shall
have sold all the Registrable Securities covered by such Registration Statement
(the "REGISTRATION PERIOD"), which Registration Statement (including any
amendments or supplements thereto and prospectuses contained therein) shall not
contain any untrue statement of a material fact or omit to state a material fact
required to be stated therein, or necessary to make the statements therein, in
light of the circumstances in which they were made, not misleading.

          b. The Company shall prepare and file with the SEC such amendments
(including post-effective amendments) and supplements to a Registration
Statement and the prospectus used in connection with such Registration
Statement, which prospectus is to be filed pursuant to Rule 424 promulgated
under the 1933 Act, as may be necessary to keep such Registration Statement
effective at all times during the Registration Period, and, during such period,
comply with the provisions of the 1933 Act with respect to the disposition of
all Registrable Securities of the Company covered by such Registration Statement
until such time as all of such Registrable Securities shall have been disposed
of in accordance with the intended methods of disposition by the seller or
sellers thereof as set forth in such Registration Statement. In the case of
amendments and supplements to a Registration Statement which are required to be
filed pursuant to this Agreement (including pursuant to this Section 3(b)) by
reason of the Company's filing a report on Form 10-KSB, Form 10-QSB or Form
8-KSB or any analogous report under the Securities Exchange Act of 1934, as
amended (the "1934 ACT"), the Company shall have incorporated such report by
reference into the Registration Statement, if applicable, or shall file such
amendments or supplements with the SEC on the same day on which the 1934 Act
report is filed which created the requirement for the Company to amend or
supplement the Registration Statement.

          c. The Company shall furnish to the Investor without charge, (i) at
least one copy of such Registration Statement as declared effective by the SEC
and any amendment(s) thereto, including financial statements and schedules, all
documents incorporated therein by reference, all exhibits and each preliminary
prospectus, (ii) ten (10) copies of the final prospectus included in such
Registration Statement and all amendments and supplements thereto (or such other
number of copies as such Investor may reasonably request) and (iii) such other
documents as such Investor may reasonably request from time to time in order to
facilitate the disposition of the Registrable Securities owned by such Investor.

          d. The Company shall use its best efforts to (i) register and qualify
the Registrable Securities covered by a Registration Statement under such other
securities or "blue sky" laws of such jurisdictions in the United States as the
Investor reasonably requests, (ii) prepare and file in those jurisdictions, such
amendments (including post-effective amendments) and supplements to such
registrations and qualifications as may be necessary to maintain the
effectiveness thereof during the Registration Period, (iii) take such other
actions as may be necessary to maintain such registrations and qualifications in
effect at all times during the Registration Period, and (iv) take all other
actions reasonably necessary or advisable to qualify the Registrable Securities

                                       3
<PAGE>
for sale in such jurisdictions; provided, however, that the Company shall not be
required in connection therewith or as a condition thereto to (w) make any
change to its certificate of incorporation or by-laws, (x) qualify to do
business in any jurisdiction where it would not otherwise be required to qualify
but for this Section 3(d), (y) subject itself to general taxation in any such
jurisdiction, or (z) file a general consent to service of process in any such
jurisdiction. The Company shall promptly notify the Investor of the receipt by
the Company of any notification with respect to the suspension of the
registration or qualification of any of the Registrable Securities for sale
under the securities or "blue sky" laws of any jurisdiction in the United States
or its receipt of actual notice of the initiation or threat of any proceeding
for such purpose.

          e. As promptly as practicable after becoming aware of such event or
development, the Company shall notify the Investor in writing of the happening
of any event as a result of which the prospectus included in a Registration
Statement, as then in effect, includes an untrue statement of a material fact or
omission to state a material fact required to be stated therein or necessary to
make the statements therein, in light of the circumstances under which they were
made, not misleading (provided that in no event shall such notice contain any
material, nonpublic information), and promptly prepare a supplement or amendment
to such Registration Statement to correct such untrue statement or omission, and
deliver ten (10) copies of such supplement or amendment to each Investor. The
Company shall also promptly notify the Investor in writing (i) when a prospectus
or any prospectus supplement or post-effective amendment has been filed, and
when a Registration Statement or any post-effective amendment has become
effective (notification of such effectiveness shall be delivered to the Investor
by facsimile on the same day of such effectiveness), (ii) of any request by the
SEC for amendments or supplements to a Registration Statement or related
prospectus or related information, and (iii) of the Company's reasonable
determination that a post-effective amendment to a Registration Statement would
be appropriate.

          f. The Company shall use its best efforts to prevent the issuance of
any stop order or other suspension of effectiveness of a Registration Statement,
or the suspension of the qualification of any of the Registrable Securities for
sale in any jurisdiction within the United States of America and, if such an
order or suspension is issued, to obtain the withdrawal of such order or
suspension at the earliest possible moment and to notify the Investor of the
issuance of such order and the resolution thereof or its receipt of actual
notice of the initiation or threat of any proceeding for such purpose.

          g. At the reasonable request of the Investor, the Company shall
furnish to the Investor, on the date of the effectiveness of the Registration
Statement and thereafter from time to time on such dates as the Investor may
reasonably request (i) a letter, dated such date, from the Company's independent
certified public accountants in form and substance as is customarily given by
independent certified public accountants to underwriters in an underwritten
public offering, and (ii) an opinion, dated as of such date, of counsel
representing the Company for purposes of such Registration Statement, in form,
scope and substance as is customarily given in an underwritten public offering,
addressed to the Investor.

                                       4
<PAGE>
          h. The Company shall make available for inspection by (i) the Investor
and (ii) one firm of accountants or other agents retained by the Investors
(collectively, the "INSPECTORS") all pertinent financial and other records, and
pertinent corporate documents and properties of the Company (collectively, the
"RECORDS"), as shall be reasonably deemed necessary by each Inspector, and cause
the Company's officers, directors and employees to supply all information which
any Inspector may reasonably request; provided, however, that each Inspector
shall agree, and the Investor hereby agrees, to hold in strict confidence and
shall not make any disclosure (except to an Investor) or use of any Record or
other information which the Company determines in good faith to be confidential,
and of which determination the Inspectors are so notified, unless (a) the
disclosure of such Records is necessary to avoid or correct a misstatement or
omission in any Registration Statement or is otherwise required under the 1933
Act, (b) the release of such Records is ordered pursuant to a final,
non-appealable subpoena or order from a court or government body of competent
jurisdiction, or (c) the information in such Records has been made generally
available to the public other than by disclosure in violation of this or any
other agreement of which the Inspector and the Investor has knowledge. The
Investor agrees that it shall, upon learning that disclosure of such Records is
sought in or by a court or governmental body of competent jurisdiction or
through other means, give prompt notice to the Company and allow the Company, at
its expense, to undertake appropriate action to prevent disclosure of, or to
obtain a protective order for, the Records deemed confidential.

          i. The Company shall hold in confidence and not make any disclosure of
information concerning the Investor provided to the Company unless (i)
disclosure of such information is necessary to comply with federal or state
securities laws, (ii) the disclosure of such information is necessary to avoid
or correct a misstatement or omission in any Registration Statement, (iii) the
release of such information is ordered pursuant to a subpoena or other final,
non-appealable order from a court or governmental body of competent
jurisdiction, or (iv) such information has been made generally available to the
public other than by disclosure in violation of this Agreement or any other
agreement. The Company agrees that it shall, upon learning that disclosure of
such information concerning the Investor is sought in or by a court or
governmental body of competent jurisdiction or through other means, give prompt
written notice to the Investor and allow the Investor, at the Investor's
expense, to undertake appropriate action to prevent disclosure of, or to obtain
a protective order for, such information.

          j. The Company shall use its best efforts either to cause all the
Registrable Securities covered by a Registration Statement (i) to be listed on
each securities exchange on which securities of the same class or series issued
by the Company are then listed, if any, if the listing of such Registrable
Securities is then permitted under the rules of such exchange or to secure the
inclusion for quotation on the National Association of Securities Dealers, Inc.
OTC Bulletin Board for such Registrable Securities. The Company shall pay all
fees and expenses in connection with satisfying its obligation under this
Section 3(j).

          k. The Company shall cooperate with the Investor to the extent
applicable, to facilitate the timely preparation and delivery of certificates
(not bearing any restrictive legend) representing the Registrable Securities to
be offered pursuant to a Registration Statement and enable such certificates to

                                       5
<PAGE>
be in such denominations or amounts, as the case may be, as the Investor may
reasonably request and registered in such names as the Investor may request.

          l. The Company shall use its best efforts to cause the Registrable
Securities covered by the applicable Registration Statement to be registered
with or approved by such other governmental agencies or authorities as may be
necessary to consummate the disposition of such Registrable Securities.

          m. The Company shall make generally available to its security holders
as soon as practical, but not later than ninety (90) days after the close of the
period covered thereby, an earnings statement (in form complying with the
provisions of Rule 158 under the 1933 Act) covering a twelve-month period
beginning not later than the first day of the Company's fiscal quarter next
following the effective date of the Registration Statement.

          n. The Company shall otherwise use its best efforts to comply with all
applicable rules and regulations of the SEC in connection with any registration
hereunder.

          o. Within two (2) business days after a Registration Statement which
covers Registrable Securities is ordered effective by the SEC, the Company shall
deliver, and shall cause legal counsel for the Company to deliver, to the
transfer agent for such Registrable Securities (with copies to the Investor)
confirmation that such Registration Statement has been declared effective by the
SEC in the form attached hereto as EXHIBIT A.

          p. The Company shall take all other reasonable actions necessary to
expedite and facilitate disposition by the Investors of Registrable Securities
pursuant to a Registration Statement.

     4.   OBLIGATIONS OF THE INVESTOR.

          The Investor agrees that, upon receipt of any notice from the Company
of the happening of any event of the kind described in Section 3(f) or the first
sentence of 3(e), the Investor will immediately discontinue disposition of
Registrable Securities pursuant to any Registration Statement(s) covering such
Registrable Securities until the Investor's receipt of the copies of the
supplemented or amended prospectus contemplated by Section 3(e) or receipt of
notice that no supplement or amendment is required. Notwithstanding anything to
the contrary, the Company shall cause its transfer agent to deliver unlegended
certificates for shares of Common Stock to a transferee of the Investor in
accordance with the terms of the Equity Line of Credit Agreement in connection
with any sale of Registrable Securities with respect to which the Investor has
entered into a contract for sale prior to the Investor's receipt of a notice
from the Company of the happening of any event of the kind described in Section
3(f) or the first sentence of 3(e) and for which the Investor has not yet
settled.

                                       6
<PAGE>
     5.   EXPENSES OF REGISTRATION.

          All expenses incurred in connection with registrations, filings or
qualifications pursuant to Sections 2 and 3, including, without limitation, all
registration, listing and qualifications fees, printers, legal and accounting
fees shall be paid by the Company.

     6.   INDEMNIFICATION.

          With respect to Registrable Securities which are included in a
Registration Statement under this Agreement:

          a. To the fullest extent permitted by law, the Company will, and
hereby does, indemnify, hold harmless and defend the Investor, the directors,
officers, partners, employees, agents, representatives of, and each Person, if
any, who controls the Investor within the meaning of the 1933 Act or the 1934
Act (each, an "INDEMNIFIED PERSON"), against any losses, claims, damages,
liabilities, judgments, fines, penalties, charges, costs, reasonable attorneys'
fees, amounts paid in settlement or expenses, joint or several (collectively,
"CLAIMS") incurred in investigating, preparing or defending any action, claim,
suit, inquiry, proceeding, investigation or appeal taken from the foregoing by
or before any court or governmental, administrative or other regulatory agency,
body or the SEC, whether pending or threatened, whether or not an indemnified
party is or may be a party thereto ("INDEMNIFIED DAMAGES"), to which any of them
may become subject insofar as such Claims (or actions or proceedings, whether
commenced or threatened, in respect thereof) arise out of or are based upon: (i)
any untrue statement or alleged untrue statement of a material fact in a
Registration Statement or any post-effective amendment thereto or in any filing
made in connection with the qualification of the offering under the securities
or other "blue sky" laws of any jurisdiction in which Registrable Securities are
offered ("BLUE SKY FILING"), or the omission or alleged omission to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading; (ii) any untrue statement or alleged untrue statement of
a material fact contained in any final prospectus (as amended or supplemented,
if the Company files any amendment thereof or supplement thereto with the SEC)
or the omission or alleged omission to state therein any material fact necessary
to make the statements made therein, in light of the circumstances under which
the statements therein were made, not misleading; or (iii) any violation or
alleged violation by the Company of the 1933 Act, the 1934 Act, any other law,
including, without limitation, any state securities law, or any rule or
regulation there under relating to the offer or sale of the Registrable
Securities pursuant to a Registration Statement (the matters in the foregoing
clauses (i) through (iii) being, collectively, "VIOLATIONS"). The Company shall
reimburse the Investor and each such controlling person promptly as such
expenses are incurred and are due and payable, for any legal fees or
disbursements or other reasonable expenses incurred by them in connection with
investigating or defending any such Claim. Notwithstanding anything to the
contrary contained herein, the indemnification agreement contained in this
Section 6(a): (x) shall not apply to a Claim by an Indemnified Person arising
out of or based upon a Violation which occurs in reliance upon and in conformity
with information furnished in writing to the Company by such Indemnified Person
expressly for use in connection with the preparation of the Registration
Statement or any such amendment thereof or supplement thereto; (y) shall not be
available to the extent such Claim is based on a failure of the Investor to
deliver or to cause to be delivered the prospectus made available by the

                                       7
<PAGE>
Company, if such prospectus was timely made available by the Company pursuant to
Section 3(e); and (z) shall not apply to amounts paid in settlement of any Claim
if such settlement is effected without the prior written consent of the Company,
which consent shall not be unreasonably withheld. Such indemnity shall remain in
full force and effect regardless of any investigation made by or on behalf of
the Indemnified Person and shall survive the transfer of the Registrable
Securities by the Investor pursuant to Section 9.

          b. In connection with a Registration Statement, the Investor agrees to
severally and not jointly indemnify, hold harmless and defend, to the same
extent and in the same manner as is set forth in Section 6(a), the Company, each
of its directors, each of its officers who signs the Registration Statement and
each Person, if any, who controls the Company within the meaning of the 1933 Act
or the 1934 Act (each an "INDEMNIFIED PARTY"), against any Claim or Indemnified
Damages to which any of them may become subject, under the 1933 Act, the 1934
Act or otherwise, insofar as such Claim or Indemnified Damages arise out of or
is based upon any Violation, in each case to the extent, and only to the extent,
that such Violation occurs in reliance upon and in conformity with written
information furnished to the Company by the Investor expressly for use in
connection with such Registration Statement; and, subject to Section 6(d), the
Investor will reimburse any legal or other expenses reasonably incurred by them
in connection with investigating or defending any such Claim; provided, however,
that the indemnity agreement contained in this Section 6(b) and the agreement
with respect to contribution contained in Section 7 shall not apply to amounts
paid in settlement of any Claim if such settlement is effected without the prior
written consent of the Investor, which consent shall not be unreasonably
withheld; provided, further, however, that the Investor shall be liable under
this Section 6(b) for only that amount of a Claim or Indemnified Damages as does
not exceed the net proceeds to the Investor as a result of the sale of
Registrable Securities pursuant to such Registration Statement. Such indemnity
shall remain in full force and effect regardless of any investigation made by or
on behalf of such Indemnified Party and shall survive the transfer of the
Registrable Securities by the Investor pursuant to Section 9. Notwithstanding
anything to the contrary contained herein, the indemnification agreement
contained in this Section 6(b) with respect to any prospectus shall not inure to
the benefit of any Indemnified Party if the untrue statement or omission of
material fact contained in the prospectus was corrected and such new prospectus
was delivered to the Investor prior to the Investor's use of the prospectus to
which the Claim relates.

          c. Promptly after receipt by an Indemnified Person or Indemnified
Party under this Section 6 of notice of the commencement of any action or
proceeding (including any governmental action or proceeding) involving a Claim,
such Indemnified Person or Indemnified Party shall, if a Claim in respect
thereof is to be made against any indemnifying party under this Section 6,
deliver to the indemnifying party a written notice of the commencement thereof,
and the indemnifying party shall have the right to participate in, and, to the
extent the indemnifying party so desires, jointly with any other indemnifying
party similarly noticed, to assume control of the defense thereof with counsel
mutually satisfactory to the indemnifying party and the Indemnified Person or
the Indemnified Party, as the case may be; provided, however, that an
Indemnified Person or Indemnified Party shall have the right to retain its own
counsel with the fees and expenses of not more than one counsel for such
Indemnified Person or Indemnified Party to be paid by the indemnifying party,
if, in the reasonable opinion of counsel retained by the indemnifying party, the

                                       8
<PAGE>
representation by such counsel of the Indemnified Person or Indemnified Party
and the indemnifying party would be inappropriate due to actual or potential
differing interests between such Indemnified Person or Indemnified Party and any
other party represented by such counsel in such proceeding. The Indemnified
Party or Indemnified Person shall cooperate fully with the indemnifying party in
connection with any negotiation or defense of any such action or claim by the
indemnifying party and shall furnish to the indemnifying party all information
reasonably available to the Indemnified Party or Indemnified Person which
relates to such action or claim. The indemnifying party shall keep the
Indemnified Party or Indemnified Person fully apprised at all times as to the
status of the defense or any settlement negotiations with respect thereto. No
indemnifying party shall be liable for any settlement of any action, claim or
proceeding effected without its prior written consent, provided, however, that
the indemnifying party shall not unreasonably withhold, delay or condition its
consent. No indemnifying party shall, without the prior written consent of the
Indemnified Party or Indemnified Person, consent to entry of any judgment or
enter into any settlement or other compromise which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
Indemnified Party or Indemnified Person of a release from all liability in
respect to such claim or litigation. Following indemnification as provided for
hereunder, the indemnifying party shall be subrogated to all rights of the
Indemnified Party or Indemnified Person with respect to all third parties, firms
or corporations relating to the matter for which indemnification has been made.
The failure to deliver written notice to the indemnifying party within a
reasonable time of the commencement of any such action shall not relieve such
indemnifying party of any liability to the Indemnified Person or Indemnified
Party under this Section 6, except to the extent that the indemnifying party is
prejudiced in its ability to defend such action.

          d. The indemnification required by this Section 6 shall be made by
periodic payments of the amount thereof during the course of the investigation
or defense, as and when bills are received or Indemnified Damages are incurred.

          e. The indemnity agreements contained herein shall be in addition to
(i) any cause of action or similar right of the Indemnified Party or Indemnified
Person against the indemnifying party or others, and (ii) any liabilities the
indemnifying party may be subject to pursuant to the law.

     7.   CONTRIBUTION.

          To the extent any indemnification by an indemnifying party is
prohibited or limited by law, the indemnifying party agrees to make the maximum
contribution with respect to any amounts for which it would otherwise be liable
under Section 6 to the fullest extent permitted by law; provided, however, that:
(i) no seller of Registrable Securities guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the 1933 Act) shall be entitled to
contribution from any seller of Registrable Securities who was not guilty of
fraudulent misrepresentation; and (ii) contribution by any seller of Registrable
Securities shall be limited in amount to the net amount of proceeds received by
such seller from the sale of such Registrable Securities.

                                       9
<PAGE>
     8.   REPORTS UNDER THE 1934 ACT.

          With a view to making available to the Investors the benefits of Rule
144 promulgated under the 1933 Act or any similar rule or regulation of the SEC
that may at any time permit the Investors to sell securities of the Company to
the public without registration ("RULE 144") the Company agrees to:

          a. make and keep public information available, as those terms are
understood and defined in Rule 144;

          b. file with the SEC in a timely manner all reports and other
documents required of the Company under the 1933 Act and the 1934 Act so long as
the Company remains subject to such requirements (it being understood that
nothing herein shall limit the Company's obligations under Section 4(c) of the
Equity Line of Credit Agreement) and the filing of such reports and other
documents is required for the applicable provisions of Rule 144; and

          c. furnish to the Investor so long as the Investor owns Registrable
Securities, promptly upon request, (i) a written statement by the Company that
it has complied with the reporting requirements of Rule 144, the 1933 Act and
the 1934 Act, (ii) a copy of the most recent annual or quarterly report of the
Company and such other reports and documents so filed by the Company, and (iii)
such other information as may be reasonably requested to permit the Investor to
sell such securities pursuant to Rule 144 without registration.

     9.   ASSIGNMENT OF REGISTRATION RIGHTS.

          The rights under this Agreement shall be automatically assignable by
the Investor to any transferee of all or any portion of Registrable Securities
if: (i) the Investor agrees in writing with the transferee or assignee to assign
such rights, and a copy of such agreement is furnished to the Company within a
reasonable time after such assignment; (ii) the Company is, within a reasonable
time after such transfer or assignment, furnished with written notice of (a) the
name and address of such transferee or assignee, and (b) the securities with
respect to which such registration rights are being transferred or assigned;
(iii) at or before the time the Company receives the written notice contemplated
by clause (ii) of this sentence the transferee or assignee agrees in writing
with the Company to be bound by all of the provisions contained herein; and (iv)
such transfer shall have been made in accordance with the applicable
requirements of the Equity Line of Credit Agreement.

     10.  AMENDMENT OF REGISTRATION RIGHTS.

          Provisions of this Agreement may be amended and the observance thereof
may be waived (either generally or in a particular instance and either
retroactively or prospectively), only with the written consent of the Company
and the Investor. Any amendment or waiver effected in accordance with this
Section 10 shall be binding upon the Investor and the Company. No consideration
shall be offered or paid to any Person to amend or consent to a waiver or
modification of any provision of any of this Agreement unless the same
consideration also is offered to all of the parties to this Agreement.

                                       10
<PAGE>
     11.  MISCELLANEOUS.

          a. A Person is deemed to be a holder of Registrable Securities
whenever such Person owns or is deemed to own of record such Registrable
Securities. If the Company receives conflicting instructions, notices or
elections from two or more Persons with respect to the same Registrable
Securities, the Company shall act upon the basis of instructions, notice or
election received from the registered owner of such Registrable Securities.

          b. Any notices, consents, waivers or other communications required or
permitted to be given under the terms of this Agreement must be in writing and
will be deemed to have been delivered: (i) upon receipt, when delivered
personally; (ii) upon receipt, when sent by facsimile (provided confirmation of
transmission is mechanically or electronically generated and kept on file by the
sending party); or (iii) one business day after deposit with a nationally
recognized overnight delivery service, in each case properly addressed to the
party to receive the same. The addresses and facsimile numbers for such
communications shall be:

          If to the Company, to: Cyco.Net Inc.
                                 4201 Yale Blvd. NE
                                 Suite G
                                 Albuquerque, NM 87101
                                 Attention: Richard Urrea
                                 President and Chief Executive Officer
                                 Telephone: (505) 344-9643
                                 Facsimile: (505) 344-9653

          with a copy to:        Kirkpatrick  & Lockhart LLP
                                 201 South Biscayne Blvd.
                                 Suite 2000
                                 Miami, Fl  33131
                                 Attention: Clayton Parker, Esq.
                                 Telephone: (305) 539-3306
                                 Facsimile: (305) 358-7095

If to the Investor, to its address and facsimile number on the Schedule attached
hereto, with copies the Investor's  representatives as set forth on the Schedule
or to such other address and/or facsimile number and/or to the attention of such
other person as the  recipient  party has  specified by written  notice given to
each other party five days prior to the  effectiveness  of such change.  Written
confirmation  of receipt (A) given by the  recipient  of such  notice,  consent,
waiver or other communication,  (B) mechanically or electronically  generated by
the sender's  facsimile machine containing the time, date,  recipient  facsimile
number and an image of the first page of such  transmission or (C) provided by a
courier or overnight  courier  service shall be rebuttable  evidence of personal
service,  receipt by facsimile or receipt from a nationally recognized overnight
delivery   service  in  accordance   with  clause  (i),  (ii)  or  (iii)  above,
respectively.

                                       11
<PAGE>
          c. Failure of any party to exercise any right or remedy under this
Agreement or otherwise, or delay by a party in exercising such right or remedy,
shall not operate as a waiver thereof.

          d. The corporate laws of the State of New York shall govern all issues
concerning the relative rights of the Company and the Investor. All other
questions concerning the construction, validity, enforcement and interpretation
of this Agreement shall be governed by the internal laws of the State of New
York, without giving effect to any choice of law or conflict of law provision or
rule (whether of the State of New York or any other jurisdiction) that would
cause the application of the laws of any jurisdiction other than the State of
New York. Each party hereby irrevocably submits to the non-exclusive
jurisdiction of the state and federal courts sitting in the City of New York,
Borough of Manhattan, for the adjudication of any dispute hereunder or in
connection herewith or with any transaction contemplated hereby or discussed
herein, and hereby irrevocably waives, and agrees not to assert in any suit,
action or proceeding, any claim that it is not personally subject to the
jurisdiction of any such court, that such suit, action or proceeding is brought
in an inconvenient forum or that the venue of such suit, action or proceeding is
improper. Each party hereby irrevocably waives personal service of process and
consents to process being served in any such suit, action or proceeding by
mailing a copy thereof to such party at the address for such notices to it under
this Agreement and agrees that such service shall constitute good and sufficient
service of process and notice thereof. Nothing contained herein shall be deemed
to limit in any way any right to serve process in any manner permitted by law.
If any provision of this Agreement shall be invalid or unenforceable in any
jurisdiction, such invalidity or unenforceability shall not affect the validity
or enforceability of the remainder of this Agreement in that jurisdiction or the
validity or enforceability of any provision of this Agreement in any other
jurisdiction. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND
AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE
HEREUNDER OR IN CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY
TRANSACTION CONTEMPLATED HEREBY.

          e. This Agreement, the Equity Line of Credit Agreement and the Escrow
Agreement constitute the entire agreement among the parties hereto with respect
to the subject matter hereof and thereof. There are no restrictions, promises,
warranties or undertakings, other than those set forth or referred to herein and
therein. This Agreement, the Equity Line of Credit Agreement and the Escrow
Agreement supersede all prior agreements and understandings among the parties
hereto with respect to the subject matter hereof and thereof.

          f. Subject to the requirements of Section 9, this Agreement shall
inure to the benefit of and be binding upon the permitted successors and assigns
of each of the parties hereto.

          g. The headings in this Agreement are for convenience of reference
only and shall not limit or otherwise affect the meaning hereof.

          h. This Agreement may be executed in identical counterparts, each of
which shall be deemed an original but all of which shall constitute one and the
same agreement. This Agreement, once executed by a party, may be delivered to

                                       12
<PAGE>
the other party hereto by facsimile transmission of a copy of this Agreement
bearing the signature of the party so delivering this Agreement.

          i. Each party shall do and perform, or cause to be done and performed,
all such further acts and things, and shall execute and deliver all such other
agreements, certificates, instruments and documents, as the other party may
reasonably request in order to carry out the intent and accomplish the purposes
of this Agreement and the consummation of the transactions contemplated hereby.

          j. The language used in this Agreement will be deemed to be the
language chosen by the parties to express their mutual intent and no rules of
strict construction will be applied against any party.

          k. This Agreement is intended for the benefit of the parties hereto
and their respective permitted successors and assigns, and is not for the
benefit of, nor may any provision hereof be enforced by, any other Person.

                   [REMAINDER OF PAGE INTENIONALLY LEFT BLANK]

                                       13
<PAGE>
          IN WITNESS WHEREOF, the parties have caused this Registration Rights
Agreement to be duly executed as of day and year first above written.

                                    COMPANY:
                                    CYCO.NET INC.

                                    By:    /s/ Richard Urrea
                                           -------------------------------------
                                    Name:  Richard Urrea
                                    Title: President and Chief Executive Officer

                                    INVESTOR:
                                    CORNELL CAPITAL PARTNER, LP

                                    By: Yorkville Advisors, LLC
                                    It's: General Partner

                                    By:    /s/ Mark Angelo
                                           -------------------------------------
                                    Name:  Mark Angelo
                                    Title: Portfolio Manager

                                       14
<PAGE>
                              SCHEDULE OF INVESTORS

<TABLE>
<CAPTION>
                                    INVESTOR ADDRESS                         INVESTOR'S REPRESENTATIVES' ADDRESS
INVESTOR NAME                       AND FACSIMILE NUMBER                     AND FACSIMILE NUMBER
-------------                       --------------------                     --------------------
<S>                                 <C>                                      <C>
Cornell Capital Partners, L.P.      Cornell Capital Partners, LP             Yorkville Advisors Management, LLC
                                    One World Trade Center - 77th Floor      One World Trade Center - 77th Floor
                                    New York, NY 10048                       New York, NY 10048
                                    (212) 488-5027                           (212) 488-5027
</TABLE>

                                       15
<PAGE>
                                    EXHIBIT A
                         FORM OF NOTICE OF EFFECTIVENESS
                            OF REGISTRATION STATEMENT

[TRANSFER AGENT]
ATTN:________________________

     Re: CYCO.NET INC.

Ladies and Gentlemen:

     We are counsel to Cyco.Net Inc., a __________ corporation (the "COMPANY"),
and have represented the Company in connection with that certain Equity Line of
Credit Agreement (the "EQUITY LINE OF CREDIT AGREEMENT") entered into by and
between the Company and Cornell Capital Partners LP ( the "INVESTOR") pursuant
to which the Company issued to the Investor shares of its Common Stock, par
value $0.____1 per share (the "COMMON STOCK"). Pursuant to the Equity Line of
Credit Agreement, the Company also has entered into a Registration Rights
Agreement with the Investor (the "REGISTRATION RIGHTS AGREEMENT") pursuant to
which the Company agreed, among other things, to register the Registrable
Securities (as defined in the Registration Rights Agreement) under the
Securities Act of 1933, as amended (the "1933 ACT"). In connection with the
Company's obligations under the Registration Rights Agreement, on ____________
____, the Company filed a Registration Statement on Form ________ (File No.
333-_____________) (the "REGISTRATION STATEMENT") with the Securities and
Exchange Commission (the "SEC") relating to the Registrable Securities which
names the Investor as a selling stockholder thereunder.

     In connection with the foregoing, we advise you that a member of the SEC's
staff has advised us by telephone that the SEC has entered an order declaring
the Registration Statement effective under the 1933 Act at [ENTER TIME OF
EFFECTIVENESS] on [ENTER DATE OF EFFECTIVENESS] and we have no knowledge, after
telephonic inquiry of a member of the SEC's staff, that any stop order
suspending its effectiveness has been issued or that any proceedings for that
purpose are pending before, or threatened by, the SEC and the Registrable
Securities are available for resale under the 1933 Act pursuant to the
Registration Statement.

                                Very truly yours,

                                [ISSUER'S COUNSEL]

                                By:______________________________

cc: CORNELL CAPITAL PARTNERS, LPExhibit 10.10

                                ESCROW AGREEMENT

     THIS ESCROW AGREEMENT (this "AGREEMENT") is made and entered into as of
August 16, 2001, by CYCO.NET INC., a Nevada Corporation (the "COMPANY"); CORNELL
CAPITAL PARTNERS, LP, (the "INVESTOR"); BUTLER GONZALEZ LLP (the "INVESTOR'S
COUNSEL"); and FIRST UNION NATIONAL BANK, a national banking association, as
Escrow Agent hereunder (the "ESCROW AGENT").

                                   BACKGROUND

     WHEREAS, the Company through the Investor has entered into an Equity Line
of Credit Agreement (the "EQUITY LINE OF EQUITY LINE OF CREDIT AGREEMENT") dated
as of the date hereof, pursuant to which the Company proposes to sell the
Company's Common Stock, no par value (the "COMMON STOCK"), at a price per share
equal to the Purchase Price, as that term is defined in the Equity Line of
Credit Agreement , for an aggregate price of up to Five Million Dollars
($5,000,000). The Equity Line of Credit Agreement provides that on each Advance
Date the Investor, as that term is defined in the Equity Line of Credit
Agreement , shall deposit the Advance pursuant to the Advance Notice in a
segregated escrow account to be held by Escrow Agent and the Company shall
deposit shares of the Company's Common Stock, which shall be purchased by the
Investor as set forth in the Equity Line of Credit Agreement , with the
Investor's Counsel, in order to effectuate a disbursement to the Company of the
Advance by the Escrow Agent and a disbursement to the Investor of the shares of
the Company's Common Stock by Investor's Counsel at a closing to be held as set
forth in the Equity Line of Credit Agreement (the "CLOSING").

     WHEREAS, Escrow Agent has agreed to accept, hold, and disburse the funds
deposited with it in accordance with the terms of this Agreement.

     WHEREAS, Investor's Counsel has agreed to accept, hold, and disburse the
shares of the Company's Common Stock which have been deposited with it in
accordance with the terms of this Agreement.

     WHEREAS, in order to establish the escrow of funds and shares to effect the
provisions of the Equity Line of Credit Agreement , the parties hereto have
entered into this Agreement.

     NOW THEREFORE, in consideration of the foregoing, it is hereby agreed as
follows:

     1. DEFINITIONS. The following terms shall have the following meanings when
used herein:

          a. "ESCROW FUNDS" shall mean the Advance funds deposited with the
Escrow Agent pursuant to this Agreement.
<PAGE>
          b. "JOINT WRITTEN DIRECTION" shall mean a written direction executed
by the Investor and the Company directing Escrow Agent to disburse all or a
portion of the Escrow Funds or to take or refrain from taking any action
pursuant to this Agreement.

          c. "COMMON STOCK JOINT WRITTEN DIRECTION" shall mean a written
direction executed by the Investor and the Company directing Investor's Counsel
to disburse all or a portion of the shares of the Company's Common Stock or to
refrain from taking any action pursuant to this Agreement.

     2. APPOINTMENT OF AND ACCEPTANCE BY ESCROW AGENT AND INVESTOR'S COUNSEL.

          A. The Investor and the Company hereby appoint Escrow Agent to serve
as Escrow Agent hereunder. Escrow Agent hereby accepts such appointment and,
upon receipt by wire transfer of the Escrow Funds in accordance with Section 3
below, agrees to hold, invest and disburse the Escrow Funds in accordance with
this Agreement.

          B. The Investor and the Company hereby appoint Investor's Counsel to
serve as the holder of the shares of the Company's Common Stock which shall be
purchased by the Investor. Investor's Counsel hereby accepts such appointment
and, upon receipt via D.W.A.C or the certificates representing of the shares of
the Company's Common Stock in accordance with Section 3 below, agrees to hold
and disburse the shares of the Company's Common Stock in accordance with this
Agreement.

     3. CREATION OF ESCROW ACCOUNT/COMMON STOCK ACCOUNT.

          A. On or prior to the date of this Agreement the Escrow Agent shall
establish an escrow account for the deposit of the Escrow Funds entitled as
follows: Cyco.Net Inc./Cornell Capital Partners L.P. The Investor will wire
funds to the account of the Escrow Agent as follows:

BANK:                       First Union National Bank of New Jersey
ROUTING #:                  031201467
ACCOUNT #:                  2020000659170
NAME ON ACCOUNT:            Butler Gonzalez LLP/First Union as Escrow Agent
NAME ON SUB-ACCOUNT:        Cyco.Net Inc./Cornell Capital Partners, LP
                            Escrow account
REFERENCE SUB-ACCOUNT #:    1547-01
ATTN:                       Robert Mercado (732) 452-3005
                            Carmela Agugliaro (732) 452-3005
NOTE:                       Only wire transfers shall be accepted.

          B. On or prior to the date of this Agreement Investor's Counsel shall
establish an account for the D.W.A.C. of the shares of Common Stock entitled as
follows: Cyco.Net Inc.. The Company will D.W.A.C. shares of the Company's Common
Stock to the account of Investor's Counsel as follows:

                                       2
<PAGE>
BROKERAGE FIRM:             Investec Ernst & Co
ACCOUNT #:                  400-07595
DTC #:                      0233
NAME ON ACCOUNT:            Butler Gonzalez LLP

     4. DEPOSITS INTO THE ESCROW ACCOUNT. The Investor agrees that it shall
promptly deliver all monies for the payment of the Common Stock to the Escrow
Agent for deposit in the Escrow Account.

     5. DISBURSEMENTS FROM THE ESCROW ACCOUNT.

     (a) At such time as Escrow Agent has collected and deposited instruments of
payment in the total amount of the Advance and the Investor's Counsel,
Investor's Counsel, has received such Common Stock via D.W.A.C from the Company
which are to be issued to the Investor pursuant to the Equity Line of Credit
Agreement , Investor's Counsel shall notify the Company and the Investor. The
Escrow Agent will continue to hold such funds until the Investor and Company
execute and deliver a Joint Written Direction directing the Escrow Agent to
disburse the Escrow Funds pursuant to Joint Written Direction at which time the
Escrow Agent shall wire the Escrow Funds to the Company. In disbursing such
funds, Escrow Agent is authorized to rely upon such Joint Written Direction from
Company and may accept any signatory from the Company listed on the signature
page to this Agreement and any signature from the Investor that Escrow Agent
already has on file. Simultaneous with delivery of the executed Joint Written
Direction to the Escrow Agent the Investor and Company shall execute and deliver
a Common Stock Joint Written Direction to Investor's Counsel directing
Investor's Counsel to release via D.W.A.C to the Investor the shares of the
Company's Common Stock. In releasing such shares of Common Stock Investor's
Counsel is authorized to rely upon such Common Stock Joint Written Direction
from Company and may accept any signatory from the Company listed on the
signature page to this Agreement and any signature from the Investor Investor's
Counsel has on file.

     In the event the Escrow Agent does not receive the amount of the Advance
from the Investor, the Escrow Agent shall notify the Company and the Investor.
In the event Investor's Counsel does not receive the shares of Common Stock to
be purchased by the Investor Investor's Counsel shall notify the Company and the
Investor.

     In the event that the Escrow Agent is advised by the Investor's Counsel
that the Common Stock has not been received from the Company, in no event will
the Escrow Funds be released to the Company until such shares are received by
the Investor's Counsel. For purposes of this Agreement, the term "Common Stock
certificates" shall mean Common Stock certificates to be purchased pursuant to
the respective Advance Notice pursuant to the Equity Line of Credit Agreement.

                                       3
<PAGE>
     6. COLLECTION PROCEDURE. The Escrow Agent is hereby authorized to forward
each wire for collection and, upon collection of the proceeds of each wire
deposit the collected proceeds in the Escrow Account.

     Any wires returned unpaid to the Escrow Agent shall be returned to the
Investor. In such cases, the Escrow Agent will promptly notify the Company of
such return.

     7. SUSPENSION OF PERFORMANCE: DISBURSEMENT INTO COURT.

         A. ESCROW AGENT. If at any time,  there shall exist any dispute between
the Company  and the  Investor  with  respect to holding or  disposition  of any
portion of the Escrow Funds or any other  obligations of Escrow Agent hereunder,
or if at any time Escrow Agent is unable to  determine,  to Escrow  Agent's sole
satisfaction,  the proper  disposition  of any  portion  of the Escrow  Funds or
Escrow Agent's proper actions with respect to its obligations  hereunder,  or if
the parties have not within  thirty (30) days of the  furnishing by Escrow Agent
of a notice of resignation  pursuant to Section 9 hereof,  appointed a successor
Escrow Agent to act  hereunder,  then Escrow Agent may, in its sole  discretion,
take either or both of the following actions:

          i.   suspend the performance of any of its obligations (including
               without limitation any disbursement obligations) under this
               Escrow Agreement until such dispute or uncertainty shall be
               resolved to the sole satisfaction of Escrow Agent or until a
               successor Escrow Agent shall be appointed (as the case may be);
               provided however, Escrow Agent shall continue to invest the
               Escrow Funds in accordance with Section 8 hereof; and/or

          ii.  petition (by means of an interpleader action or any other
               appropriate method) any court of competent jurisdiction in any
               venue convenient to Escrow Agent, for instructions with respect
               to such dispute or uncertainty, and to the extent required by
               law, pay into such court, for holding and disposition in
               accordance with the instructions of such court, all funds held by
               it in the Escrow Funds, after deduction and payment to Escrow
               Agent of all fees and expenses (including court costs and
               attorneys' fees) payable to, incurred by, or expected to be
               incurred by Escrow Agent in connection with performance of its
               duties and the exercise of its rights hereunder.

          iii. Escrow Agent shall have no liability to the Company, the
               Investor, or any person with respect to any such suspension of
               performance or disbursement into court, specifically including
               any liability or claimed liability that may arise, or be alleged
               to have arisen, out of or as a result of any delay in the
               disbursement of funds held in the Escrow Funds or any delay in
               with respect to any other action required or requested of Escrow
               Agent.

          B. INVESTOR'S COUNSEL. If at any time, there shall exist any dispute
between the Company and the Investor with respect to holding or disposition of
any portion of the shares of Common Stock or any other obligations of Investor's
Counsel hereunder, or if at any time Investor's Counsel is unable to determine,
to Investor's Counsel's sole satisfaction, the proper disposition of any portion
of the shares of Common Stock or Investor's Counsel's proper actions with

                                       4
<PAGE>
respect to its obligations hereunder, then Investor's Counsel may, in its sole
discretion, take either or both of the following actions:

          i.   suspend the performance of any of its obligations (including
               without limitation any disbursement obligations) under this
               Escrow Agreement until such dispute or uncertainty shall be
               resolved to the sole satisfaction of Investor's Counsel or until
               a successor shall be appointed (as the case may be); and/or

          ii.  petition (by means of an interpleader action or any other
               appropriate method) any court of competent jurisdiction in any
               venue convenient to Investor's Counsel, for instructions with
               respect to such dispute or uncertainty, and to the extent
               required by law, pay into such court, for holding and disposition
               in accordance with the instructions of such court, all shares of
               the Company's Common Stock funds held by it, after deduction and
               payment to Investor's Counsel of all fees and expenses (including
               court costs and attorneys' fees) payable to, incurred by, or
               expected to be incurred by Investor's Counsel in connection with
               performance of its duties and the exercise of its rights
               hereunder.

          iii. Investor's Counsel shall have no liability to the Company, the
               Investor, or any person with respect to any such suspension of
               performance or disbursement into court, specifically including
               any liability or claimed liability that may arise, or be alleged
               to have arisen, out of or as a result of any delay in the release
               of shares of the Company's Common Stock or any delay in with
               respect to any other action required or requested of Investor's
               Counsel.

     8. INVESTMENT OF ESCROW FUNDS. The Escrow Agent shall deposit the Escrow
Funds in a non-interest bearing money market account.

     If Escrow Agent has not received a Joint Written Direction at any time that
an investment decision must be made, Escrow Agent shall invest the Escrow Fund,
or such portion thereof, as to which no Joint Written Direction has been
received, in investments described above. The foregoing investments shall be
made by the Escrow Agent. Notwithstanding anything to the contrary contained,
Escrow Agent may, without notice to the parties, sell or liquidate any of the
foregoing investments at any time if the proceeds thereof are required for any
release of funds permitted or required hereunder, and Escrow Agent shall not be
liable or responsible for any loss, cost or penalty resulting from any such sale
or liquidation. With respect to any funds received by Escrow Agent for deposit
into the Escrow Funds after ten o'clock, a.m., New Jersey time, Escrow Agent
shall not be required to invest such funds or to effect such investment
instruction until the next day upon which banks in New Jersey are open for
business.

     9. RESIGNATION AND REMOVAL OF ESCROW AGENT. Escrow Agent may resign from
the performance of its duties hereunder at any time by giving thirty (30) days'
prior written notice to the parties or may be removed, with or without cause, by
the parties, acting jointly, by furnishing a Joint Written Direction to Escrow
Agent, at any time by the giving of ten (10) days' prior written notice to
Escrow Agent as provided herein below. Upon any such notice of resignation or
removal, the representatives of the Investor and the Company identified in
Sections 15a. (iv) and 15b. (iv), below, jointly shall appoint a successor
Escrow Agent hereunder, which shall be a commercial bank, trust company or other

                                       5
<PAGE>
financial institution with a combined capital and surplus in excess of
$10,000,000.00. Upon the acceptance in writing of any appointment of Escrow
Agent hereunder by a successor Escrow Agent, such successor Escrow Agent shall
thereupon succeed to and become vested with all the rights, powers, privileges
and duties of the retiring Escrow Agent, and the retiring Escrow Agent shall be
discharged from its duties and obligations under this Escrow Agreement, but
shall not be discharged from any liability for actions taken as Escrow Agent
hereunder prior to such succession. After any retiring Escrow Agent's
resignation or removal, the provisions of this Escrow Agreement shall inure to
its benefit as to any actions taken or omitted to be taken by it while it was
Escrow Agent under this Escrow Agreement. The retiring Escrow Agent shall
transmit all records pertaining to the Escrow Funds and shall pay all funds held
by it in the Escrow Funds to the successor Escrow Agent, after making copies of
such records as the retiring Escrow Agent deems advisable and after deduction
and payment to the retiring Escrow Agent of all fees and expenses (including
court costs and attorneys' fees) payable to, incurred by, or expected to be
incurred by the retiring Escrow Agent in connection with the performance of its
duties and the exercise of its rights hereunder.

     10. LIABILITY OF ESCROW AGENT.

          a. Escrow Agent shall have no liability or obligation with respect to
the Escrow Funds except for Escrow Agent's willful misconduct or gross
negligence. Escrow Agent's sole responsibility shall be for the safekeeping,
investment, and disbursement of the Escrow Funds in accordance with the terms of
this Agreement. Escrow Agent shall have no implied duties or obligations and
shall not be charged with knowledge or notice or any fact or circumstance not
specifically set forth herein. Escrow Agent may rely upon any instrument, not
only as to its due execution, validity and effectiveness, but also as to the
truth and accuracy of any information contained therein, which Escrow Agent
shall in good faith believe to be genuine, to have been signed or presented by
the person or parties purporting to sign the same and conform to the provisions
of this Agreement. In no event shall Escrow Agent be liable for incidental,
indirect, special, and consequential or punitive damages. Escrow Agent shall not
be obligated to take any legal action or commence any proceeding in connection
with the Escrow Funds, any account in which Escrow Funds are deposited, this
Agreement or the Equity Line of Credit Agreement , or to appear in, prosecute or
defend any such legal action or proceeding. Escrow Agent may consult legal
counsel selected by it in any event of any dispute or question as to
construction of any of the provisions hereof or of any other agreement or its
duties hereunder, or relating to any dispute involving any party hereto, and
shall incur no liability and shall be fully indemnified from any liability
whatsoever in acting in accordance with the opinion or instructions of such
counsel. The Company and the Investor jointly and severally shall promptly pay,
upon demand, the reasonable fees and expenses of any such counsel.

          b. The Escrow Agent is hereby authorized, in its sole discretion, to
comply with orders issued or process entered by any court with respect to the
Escrow Funds, without determination by the Escrow Agent of such court's
jurisdiction in the matter. If any portion of the Escrow Funds is at any time
attached, garnished or levied upon under any court order, or in case the
payment, assignment, transfer, conveyance or delivery of any such property shall
be stayed or enjoined by any court order, or in any case any order judgment or

                                       6
<PAGE>
decree shall be made or entered by any court affecting such property or any part
thereof, then and in any such event, the Escrow Agent is authorized, in its sole
discretion, to rely upon and comply with any such order, writ judgment or decree
which it is advised by legal counsel selected by it, binding upon it, without
the need for appeal or other action; and if the Escrow Agent complies with any
such order, writ, judgment or decree, it shall not be liable to any of the
parties hereto or to any other person or entity by reason of such compliance
even though such order, writ judgment or decree may be subsequently reversed,
modified, annulled, set aside or vacated.

     11. LIABILITY OF INVESTOR'S COUNSEL.

          a. Notwithstanding any liability attributable to Investor's Counsel as
counsel to the Investor, Investor's Counsel shall have no liability or
obligation with respect to the shares of the Company's Common Stock except for
Investor's Counsel's willful misconduct or gross negligence. Investor's
Counsel's sole responsibility shall be for the safekeeping and release of the
shares of the Company's Common Stock in accordance with the terms of this
Agreement. Investor's Counsel shall have no implied duties or obligations and
shall not be charged with knowledge or notice or any fact or circumstance not
specifically set forth herein. Investor's Counsel may rely upon any instrument,
not only as to its due execution, validity and effectiveness, but also as to the
truth and accuracy of any information contained therein, which Investor's
Counsel shall in good faith believe to be genuine, to have been signed or
presented by the person or parties purporting to sign the same and conform to
the provisions of this Agreement. In no event shall Investor's Counsel be liable
for incidental, indirect, special, and consequential or punitive damages.
Investor's Counsel shall not be obligated to take any legal action or commence
any proceeding in connection with the shares of the Company's Common Stock, any
account in which shares of Common Stock are deposited and this Agreement, or to
appear in, prosecute or defend any such legal action or proceeding. Investor's
Counsel may consult legal counsel selected by it in any event of any dispute or
question as to construction of any of the provisions hereof or of any other
agreement or its duties hereunder, or relating to any dispute involving any
party hereto, and shall incur no liability and shall be fully indemnified from
any liability whatsoever in acting in accordance with the opinion or
instructions of such counsel. The Company and the Investor jointly and severally
shall promptly pay, upon demand, the reasonable fees and expenses of any such
counsel.

          b. Investor's Counsel is hereby authorized, in its sole discretion, to
comply with orders issued or process entered by any court with respect to the
shares of the Company's Common Stock, without determination by Butler Gonzalez
of such court's jurisdiction in the matter. If any portion of the shares of the
Company's Common Stock are at any time attached, garnished or levied upon under
any court order, or in case the payment, assignment, transfer, conveyance or
delivery of any such property shall be stayed or enjoined by any court order, or
in any case any order judgment or decree shall be made or entered by any court
affecting such property or any part thereof, then and in any such event, the
Investor's Counsel is authorized, in its sole discretion, to rely upon and
comply with any such order, writ judgment or decree which it is advised by legal
counsel selected by it, binding upon it, without the need for appeal or other
action; and if Investor's Counsel complies with any such order, writ, judgment
or decree, it shall not be liable to any of the parties hereto or to any other

                                       7
<PAGE>
person or entity by reason of such compliance even though such order, writ
judgment or decree may be subsequently reversed, modified, annulled, set aside
or vacated.

     12. INDEMNIFICATION OF ESCROW AGENT. From and at all times after the date
of this Agreement, the parties jointly and severally, shall, to the fullest
extent permitted by law and to the extent provided herein, indemnify and hold
harmless Escrow Agent and each director, officer, employee, attorney, agent and
affiliate of Escrow Agent (collectively, the "INDEMNIFIED PARTIES") against any
and all actions, claims (whether or not valid), losses, damages, liabilities,
costs and expenses of any kind or nature whatsoever (including without
limitation reasonable attorney's fees, costs and expenses) incurred by or
asserted against any of the Indemnified Parties from and after the date hereof,
whether direct, indirect or consequential, as a result of or arising from or in
any way relating to any claim, demand, suit, action, or proceeding (including
any inquiry or investigation) by any person, including without limitation the
parties to this Agreement, whether threatened or initiated, asserting a claim
for any legal or equitable remedy against any person under any statute or
regulation, including, but not limited to, any federal or state securities laws,
or under any common law or equitable cause or otherwise, arising from or in
connection with the negotiation, preparation, execution, performance or failure
of performance of this Agreement or any transaction contemplated herein, whether
or not any such Indemnified Party is a party to any such action or proceeding,
suit or the target of any such inquiry or investigation; provided, however, that
no Indemnified Party shall have the right to be indemnified hereunder for
liability finally determined by a court of competent jurisdiction, subject to no
further appeal, to have resulted solely from the gross negligence or willful
misconduct of such Indemnified Party. If any such action or claim shall be
brought or asserted against any Indemnified Party, such Indemnified Party shall
promptly notify the Company and the Investor hereunder in writing, and the and
the Company shall assume the defense thereof, including the employment of
counsel and the payment of all expenses. Such Indemnified Party shall, in its
sole discretion, have the right to employ separate counsel (who may be selected
by such Indemnified Party in its sole discretion) in any such action and to
participate and to participate in the defense thereof, and the fees and expenses
of such counsel shall be paid by such Indemnified Party, except that the
Investor and/or the Company shall be required to pay such fees and expense if
(a) the Investor or the Company agree to pay such fees and expenses, or (b) the
Investor and/or the Company shall fail to assume the defense of such action or
proceeding or shall fail, in the sole discretion of such Indemnified Party, to
employ counsel reasonably satisfactory to the Indemnified Party in any such
action or proceeding, (c) the Investor and the Company are the plaintiff in any
such action or proceeding or (d) the named or potential parties to any such
action or proceeding (including any potentially impleaded parties) include both
Indemnified Party the Company and/or the Investor and Indemnified Party shall
have been advised by counsel that there may be one or more legal defenses
available to it which are different from or additional to those available to the
Company or the Investor. The Investor and the Company shall be jointly and
severally liable to pay fees and expenses of counsel pursuant to the preceding
sentence, except that any obligation to pay under clause (a) shall apply only to
the party so agreeing. All such fees and expenses payable by the Company and/or
the Investor pursuant to the foregoing sentence shall be paid from time to time
as incurred, both in advance of and after the final disposition of such action
or claim. The obligations of the parties under this section shall survive any
termination of this Agreement, and resignation or removal of the Escrow Agent
shall be independent of any obligation of Escrow Agent.

                                       8
<PAGE>
     13. INDEMNIFICATION OF INVESTOR'S COUNSEL. From and at all times after the
date of this Agreement, the parties jointly and severally, shall, to the fullest
extent permitted by law and to the extent provided herein, indemnify and hold
harmless Investor's Counsel and each partner, director, officer, employee,
attorney, agent and affiliate of Investor's Counsel (collectively, the
"INDEMNIFIED PARTIES") against any and all actions, claims (whether or not
valid), losses, damages, liabilities, costs and expenses of any kind or nature
whatsoever (including without limitation reasonable attorney's fees, costs and
expenses) incurred by or asserted against any of the Indemnified Parties from
and after the date hereof, whether direct, indirect or consequential, as a
result of or arising from or in any way relating to any claim, demand, suit,
action, or proceeding (including any inquiry or investigation) by any person,
including without limitation the parties to this Agreement, whether threatened
or initiated, asserting a claim for any legal or equitable remedy against any
person under any statute or regulation, including, but not limited to, any
federal or state securities laws, or under any common law or equitable cause or
otherwise, arising from or in connection with the negotiation, preparation,
execution, performance or failure of performance of this Agreement or any
transaction contemplated herein, whether or not any such Indemnified Party is a
party to any such action or proceeding, suit or the target of any such inquiry
or investigation; provided, however, that no Indemnified Party shall have the
right to be indemnified hereunder for liability finally determined by a court of
competent jurisdiction, subject to no further appeal, to have resulted solely
from the gross negligence or willful misconduct of such Indemnified Party. If
any such action or claim shall be brought or asserted against any Indemnified
Party, such Indemnified Party shall promptly notify the Company and the Investor
hereunder in writing, and the Investor and the Company shall assume the defense
thereof, including the employment of counsel and the payment of all expenses.
Such Indemnified Party shall, in its sole discretion, have the right to employ
separate counsel (who may be selected by such Indemnified Party in its sole
discretion) in any such action and to participate and to participate in the
defense thereof, and the fees and expenses of such counsel shall be paid by such
Indemnified Party, except that the Investor and/or the Company shall be required
to pay such fees and expense if (a) the Investor or the Company agree to pay
such fees and expenses, or (b) the Investor and/or the Company shall fail to
assume the defense of such action or proceeding or shall fail, in the sole
discretion of such Indemnified Party, to employ counsel reasonably satisfactory
to the Indemnified Party in any such action or proceeding, (c) the Investor and
the Company are the plaintiff in any such action or proceeding or (d) the named
or potential parties to any such action or proceeding (including any potentially
impleaded parties) include both Indemnified Party the Company and/or the
Investor and the Indemnified Party shall have been advised by counsel that there
may be one or more legal defenses available to it which are different from or
additional to those available to the Company or the Investor. The Investor and
the Company shall be jointly and severally liable to pay fees and expenses of
counsel pursuant to the preceding sentence, except that any obligation to pay
under clause (a) shall apply only to the party so agreeing. All such fees and
expenses payable by the Company and/or the Investor pursuant to the foregoing
sentence shall be paid from time to time as incurred, both in advance of and
after the final disposition of such action or claim. The obligations of the
parties under this section shall survive any termination of this Agreement.

                                       9
<PAGE>
     14. EXPENSES OF ESCROW AGENT. Except as set forth in Section 12 the Company
shall reimburse Escrow Agent for all of its reasonable out-of-pocket expenses,
including attorneys' fees, travel expenses, telephone and facsimile transmission
costs, postage (including express mail and overnight delivery charges), copying
charges and the like. All of the compensation and reimbursement obligations set
forth in this Section shall be payable by the Company, upon demand by Escrow
Agent. The obligations of the Company under this Section shall survive any
termination of this Agreement and the resignation or removal of Escrow Agent.

     15. WARRANTIES.

          a. The Investor makes the following representations and warranties to
the Escrow Agent and Investor's Counsel :

               (i)  The Investor has full power and authority to execute and
                    deliver this Agreement and to perform its obligations
                    hereunder.

               (ii) This Agreement has been duly approved by all necessary
                    corporate action of the Investor, including any necessary
                    shareholder approval, has been executed by duly authorized
                    officers of the Investor, enforceable in accordance with its
                    terms.

              (iii) The execution, delivery, and performance of the Investor of
                    this Agreement will not violate, conflict with, or cause a
                    default under the certificate of incorporation or bylaws of
                    the Investor, any applicable law or regulation, any court
                    order or administrative ruling or degree to which the
                    Investor is a party or any of its property is subject, or
                    any agreement, contract, indenture, or other binding
                    arrangement.

               (iv) Mark A. Angelo has been duly appointed to act as the
                    representative of Investor hereunder and has full power and
                    authority to execute, deliver, and perform this Agreement,
                    to execute and deliver any Joint Written Direction, to
                    amend, modify, or waive any provision of this Agreement, and
                    to take any and all other actions as the Investor's
                    representative under this Agreement, all without further
                    consent or direction form, or notice to, the Investor or any
                    other party.

               (v)  No party other than the parties hereto have, or shall have,
                    any lien, claim or security interest in the Escrow Funds or
                    any part thereof. No financing statement under the Uniform
                    Commercial Code is on file in any jurisdiction claiming a
                    security interest in or describing (whether specifically or
                    generally) the Escrow Funds or any part thereof.

               (vi) All of the representations and warranties of the Investor
                    contained herein are true and complete as of the date hereof
                    and will be true and complete at the time of any
                    disbursement from the Escrow Funds.

                                       10
<PAGE>
          b. The Company makes the following representations and warranties to
Escrow Agent, the Investor and Investor's Counsel:

               (i)  The Company is a corporation duly organized, validly
                    existing, and in good standing under the laws of the State
                    of Nevada, and has full power and authority to execute and
                    deliver this Agreement and to perform its obligations
                    hereunder.

               (ii) This Agreement has been duly approved by all necessary
                    corporate action of the Company, including any necessary
                    shareholder approval, has been executed by duly authorized
                    officers of the Company, enforceable in accordance with its
                    terms.

              (iii) The execution, delivery, and performance by the Company of
                    this Escrow Agreement is in accordance with the Equity Line
                    of Credit Agreement and will not violate, conflict with, or
                    cause a default under the certificate of incorporation or
                    bylaws of the Company, any applicable law or regulation, any
                    court order or administrative ruling or decree to which the
                    Company is a party or any of its property is subject, or any
                    agreement, contract, indenture, or other binding
                    arrangement.

               (iv) Rick Urrea, has been duly appointed to act as the
                    representative of the Company hereunder and has full power
                    and authority to execute, deliver, and perform this
                    Agreement, to execute and deliver any Joint Written
                    Direction, to amend, modify or waive any provision of this
                    Agreement and to take all other actions as the Company's
                    Representative under this Agreement, all without further
                    consent or direction from, or notice to, the Company or any
                    other party.

               (v)  No party other than the parties hereto shall have, any lien,
                    claim or security interest in the Escrow Funds or any part
                    thereof. No financing statement under the Uniform Commercial
                    Code is on file in any jurisdiction claiming a security
                    interest in or describing (whether specifically or
                    generally) the Escrow Funds or any part thereof.

               (vi) All of the representations and warranties of the Company
                    contained herein are true and complete as of the date hereof
                    and will be true and complete at the time of any
                    disbursement from the Escrow Funds.

     16. CONSENT TO JURISDICTION AND VENUE. In the event that any party hereto
commences a lawsuit or other proceeding relating to or arising from this
Agreement, the parties hereto agree that the United States District Court for
the District of New Jersey shall have the sole and exclusive jurisdiction over
any such proceeding. If all such courts lack federal subject matter
jurisdiction, the parties agree that the Superior Court Division of New Jersey,
Chancery Division of Essex County shall have sole and exclusive jurisdiction.
Any of these courts shall be proper venue for any such lawsuit or judicial

                                       11
<PAGE>
proceeding and the parties hereto waive any objection to such venue. The parties
hereto consent to and agree to submit to the jurisdiction of any of the courts
specified herein and agree to accept the service of process to vest personal
jurisdiction over them in any of these courts.

     17. NOTICE. All notices and other communications hereunder shall be in
writing and shall be deemed to have been validly served, given or delivered five
(5) days after deposit in the United States mails, by certified mail with return
receipt requested and postage prepaid, when delivered personally, one (1) day
delivered to any overnight courier, or when transmitted by facsimile
transmission and addressed to the party to be notified as follows:

     If to Investor, to:         Cornell Capital Partners, LP
                                 One World Trade Center - 77th Floor
                                 New York, New York, 10048
                                 Attention: Mark Angelo

     With copy to:               Butler Gonzalez LLP
                                 1000 Stuyvesant Avenue
                                 Suite 6
                                 Union, New Jersey 07083
                                 Attention: David Gonzalez, Esq.
                                 Facsimile: (908) 810-0973

     If to Company, to:          Cyco.Net Inc.
                                 4201 Yale Blvd. NE
                                 Suite G
                                 Albuquerque, NM 87107
                                 Attention: Richard Urrea
                                 President and Chief Executive Officer
                                 Telephone: (505) 344-9643
                                 Facsimile: (505) 344-9653

     With copy to:               Kirkpatrick  & Lockhart LLP
                                 201 South Biscayne Blvd.
                                 Suite 2000
                                 Miami, Fl  33131
                                 Attention: Clayton Parker, Esq.
                                 Telephone: (305) 539-3306
                                 Facsimile: (305) 358-7095

                                       12
<PAGE>
     If to the Escrow Agent, to: First Union National Bank,
                                 407 Main Street
                                 Metuchen, New Jersey 08840
                                 Attention: Robert Mercado
                                            Carmela Agugliaro
                                 Facsimile: (732) 548-5973

     Or to such other address as each party may designate for itself by like
notice.

     16. AMENDMENTS OR WAIVER. This Agreement may be changed, waived, discharged
or terminated only by a writing signed by the parties of the Escrow Agent. No
delay or omission by any party in exercising any right with respect hereto shall
operate as waiver. A waiver on any one occasion shall not be construed as a bar
to, or waiver of, any right or remedy on any future occasion.

     17. SEVERABILITY. To the extent any provision of this Agreement is
prohibited by or invalid under applicable law, such provision shall be
ineffective to the extent of such prohibition, or invalidity, without
invalidating the remainder of such provision or the remaining provisions of this
Agreement.

     18. GOVERNING LAW. This Agreement shall be construed and interpreted in
accordance with the internal laws of the State of New Jersey without giving
effect to the conflict of laws principles thereof.

     19. ENTIRE AGREEMENT. This Agreement constitutes the entire Agreement
between the parties relating to the holding, investment, and disbursement of the
Escrow Funds and sets forth in their entirety the obligations and duties of the
Escrow Agent with respect to the Escrow Funds.

     20. BINDING EFFECT. All of the terms of this Agreement, as amended from
time to time, shall be binding upon, inure to the benefit of and be enforceable
by the respective heirs, successors and assigns of the Investor, the Company, or
the Escrow Agent.

     21. EXECUTION OF COUNTERPARTS. This Agreement and any Joint Written
Direction may be executed in counter parts, which when so executed shall
constitute one and same agreement or direction.

     22. TERMINATION. Upon the first to occur of the disbursement of all amounts
in the Escrow Funds pursuant to Joint Written Directions or the disbursement of
all amounts in the Escrow Funds into court pursuant to Section 7 hereof, this
Agreement shall terminate and Escrow Agent shall have no further obligation or
liability whatsoever with respect to this Agreement or the Escrow Funds.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       13
<PAGE>
     IN WITNESS WHEREOF the parties have hereunto set their hands and seals the
day and year above set forth.

                                  CYCO.NET INC.

                                  By:    /s/ Rick Urrea
                                         -------------------------------------
                                  Name:  Rick Urrea
                                  Title: President and Chief Executive Officer

                                  FIRST UNION NATIONAL BANK

                                  By:    /s/ Robert Mercado
                                         -------------------------------------
                                  Name:  Robert Mercado
                                  Title: As the Escrow Agent

                                  CORNELL CAPITAL PARTNERS, LP

                                  By: Yorkville Advisors, LLC
                                  Its: General Partner

                                  By:    /s/ Mark A. Angelo
                                         -------------------------------------
                                  Name:  Mark A. Angelo
                                  Title: Portfolio Manager

                                  BUTLER GONZALEZ LLP

                                  By:    /s/ David Gonzalez
                                         -------------------------------------
                                  Name:  David Gonzalez, Esq.
                                  Title: Partner

                                       14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00031-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00031-of-00352.parquet"}]]