Document:

THE SECURITIES  REPRESENTED BY THIS WARRANT MAY NOT BE OFFERED FOR SALE, SOLD OR
OTHERWISE  TRANSFERRED  EXCEPT PURSUANT TO AN EFFECTIVE  REGISTRATION  STATEMENT
FILED UNDER THE SECURITIES ACT OF 1933, AS AMENDED,  OR PURSUANT TO AN EXEMPTION
FROM REGISTRATION UNDER SUCH ACT.

Void after 5:00 P.M., New York Time, on January 27, 2005

                                                            Warrant to Purchase
                                                            600,000 Shares of
                                                            Common Stock

                CLASS A REDEEMABLE COMMON STOCK PURCHASE WARRANT

                  This Is to Certify That, FOR VALUE RECEIVED,

                             ALLIANCE EQUITIES, INC.

is  entitled  to  purchase,  subject to the  provisions  of this  Warrant,  from
SYCONET.COM,  INC. (the "Company"),  a Delaware  corporation,  at any time on or
after January 27, 2000 (the "effective date"), and not later than 5:00 P.M., New
York time, on January 27, 2005, six hundred thousand  (600,000) shares of Common
Stock of the Company at a purchase price per share of $0.01; provided,  however,
that the number of shares of Common  Stock to be received  upon the  exercise of
this  Warrant  and the  price to be paid for a share of  Common  Stock  shall be
adjusted form time to time as hereinafter set forth.  The shares of Common Stock
deliverable  upon  such  exercise,  and as  adjusted  from  time  to  time,  are
hereinafter  sometimes  referred to as "Warrant Stock" and the exercise price of
this  Warrant  in  effect  at any  time  and as  adjusted  from  time to time is
hereinafter  sometimes  referred to as the  "Exercise  Price".  The  above-named
registered owner of this Warrant and its permitted  transferees and/or assignees
are hereinafter referred to as, collectively, the "Holder".

     (a) Exercise of Warrant.  This Warrant may be exercised in whole or in part
at any time or from time to time on or after the effective  date,  but not later
than 5:00 P.M., New York time, on January 27, 2005, or if such  expiration  date
is a day on which banking  institutions are authorized by law to close,  then on
the next  succeeding  day which  shall not be such a day,  by  presentation  and
surrender hereof to the Company with the Purchase Form annexed

<PAGE>

hereto duly executed and  accompanied  by payment of the Exercise  Price for the
number of shares of Warrant  Stock  specified  in such form,  together  with all
federal and state taxes applicable upon such exercise.

     If this Warrant should be exercised in part only,  the Company shall,  upon
surrender  of this Warrant for  cancellation,  execute and deliver a new warrant
evidencing  the right of the Holder to purchase the balance of the Warrant Stock
purchasable  hereunder.  At the close of  business  on the day of receipt by the
Company of this Warrant at the office or agency of the  Company,  in proper form
for exercise and accompanied by payment as aforesaid for the Warrant Stock to be
acquired, the Holder shall be deemed to be the holder of record of the number of
fully  paid and  non-assessable  shares  of  Common  Stock  issuable  upon  such
exercise,  notwithstanding  that the stock  transfer  books of the Company shall
then be closed or that  certificates  representing  such shares of Common  Stock
shall not then actually be delivered to the Holder.

     (b)  Reservation  of Shares.  The Company  hereby  agrees that at all times
there shall be reserved  for  issuance  and/or  delivery  upon  exercise of this
Warrant  such  number of shares of its  Common  Stock as shall be  required  for
issuance or delivery upon exercise of this Warrant.

     (c)  Fractional   Shares.  No  fractional  shares  or  scrip   representing
fractional  shares  shall be issued  upon the  exercise  of this  Warrant.  With
respect to any  fraction of a share  called for upon any  exercise  hereof,  the
Company  shall  pay to the  holder  an  amount  in cash  equal to such  fraction
multiplied by the current market value of such fractional  share,  determined as
follows:

          (1) If the Common Stock is listed on a national securities exchange or
     admitted to unlisted trading privileges on such exchange, the current value
     shall be the last reported sales price of the Common Stock on such exchange
     on the last trading day prior to the date of exercise of this  Warrant,  or
     if no such  sale is made on such day,  the  average  closing  bid and asked
     prices for such day on the composite tape of such exchange; or

          (2) If the  Common  Stock is not so listed  or  admitted  to  unlisted
     trading  privileges,  the  current  value  shall  be the  mean of the  last
     reported  bid and asked  prices  reported by the  National  Association  of
     Securities  Dealers  Automated  Quotation  System  ("NASDAQ")  (or,  if not
     reported by NASDAQ,  then reported by the National Quotation Bureau,  Inc.)
     on the last trading day prior to the date of the exercise of this  Warrant;
     or

                                       2
<PAGE>

          (3) If the  Common  Stock is not so listed  or  admitted  to  unlisted
     trading  privileges  and bid and  asked  prices  are not so  reported,  the
     current  value shall be an amount,  not less than fully diluted book value,
     determined in such  reasonable  manner as may be prescribed by the Board of
     Directors of the Company, such determination to be final and binding on the
     Holder.

     (d) Exchange,  Assignment or Loss of Warrant. This Warrant is exchangeable,
without expense,  at the option of the Holder,  upon  presentation and surrender
hereof to the Company or at the office of its stock transfer  agent, if any, for
other  Warrants  of  different  denominations  entitling  the Holder  thereof to
purchase  in  the  aggregate  the  same  amount  of  Warrant  Stock  purchasable
hereunder. Any such assignment shall be made by surrender of this Warrant to the
Company  or at the  office  of its  stock  transfer  agent,  if  any,  with  the
Assignment  Form annexed  hereto duly  executed and funds  sufficient to pay any
transfer tax; whereupon the Company shall, without charge, execute and deliver a
new Warrant in the name of the assignee  named in such  instrument of assignment
and this Warrant  shall  promptly be  cancelled.  This Warrant may be divided or
combined  with other  Warrants  which carry the same  rights  upon  presentation
hereof  at the  office of the  Company  or at the  office of its stock  transfer
agent,  if  any,  together  with a  written  notice  specifying  the  names  and
denominations in which new Warrants are to be issued. The term "Warrant" as used
herein includes any Warrants  issued in substitution  for or replacement of this
Warrant, or into which this Warrant may be divided or exchanged. Upon receipt by
the Company of evidence  satisfactory to it of the loss,  theft,  destruction or
mutilation of this Warrant,  and (in the case of loss,  theft or destruction) of
indemnification  reasonably  satisfactory  in form and substance to its counsel,
and upon surrender and cancellation of this Warrant,  if mutilated,  the Company
will  execute  and  deliver a new  Warrant of like tenor and date.  Any such new
Warrant  executed and  delivered  shall  constitute  an  additional  contractual
obligation  on the part of the  Company,  whether  or not this  Warrant so lost,
stolen, destroyed, or mutilated, shall be at any time enforceable by anyone.

     (e) Rights of the  Holder.  The  Holder  shall not,  by virtue  hereof,  be
entitled  to any rights of a  shareholder  of the  Company,  either at law or in
equity,  and the  rights of the Holder are  limited to those  expressed  in this
Warrant and are not  enforceable  against  the Company  except to the extent set
forth herein.

     (f) Anti-Dilution Provisions.

                                        3
<PAGE>

          (1) Stock  Dividends,  Subdivisions and  Combinations.  If the Company
     shall at any time issue Common Stock or  Convertible  Securities  by way of
     dividend or other distribution on any stock of the Company, or subdivide or
     combine the  outstanding  shares of Common Stock,  then the Exercise  Price
     shall be proportionately decreased in the case of such issuance (on the day
     following the date fixed for determining  shareholders  entitled to receive
     such  dividend  or other  distribution)  or  decreased  in the case of such
     subdivision or increased in the case of such  combination (on the date that
     such  subdivision  or  combination  shall  become   effective).   Upon  any
     adjustment  of the  Exercise  Price  pursuant to this Section  (f)(1),  the
     holder of this Warrant shall thereafter  (until another such adjustment) be
     entitled to  purchase,  at the new  Exercise  Price,  the amount of Warrant
     Stock,  calculated to the nearest full share,  obtained by multiplying  the
     number of shares of  Warrant  Stock then  issuable  upon  exercise  of this
     Warrant by the  Exercise  Price then in effect and  dividing the product so
     obtained by the new Exercise Price.

          (2) No Adjustment for Small  Amounts.  Anything in this Section (f) to
     the  contrary  notwithstanding,  the Company  shall not be required to give
     effect to any  adjustment  in the  Exercise  Price unless and until the net
     effect of one or more adjustments, determined as above provided, shall have
     required a change of the  Exercise  Price by at least five  percent in such
     Price,  but when the  cumulative  net effect of more than one adjustment so
     determined  shall be to change the actual  Exercise  Price by at least five
     percent, such change in the Exercise Price shall thereupon be given effect.

          (3) Common Stock Defined.  Whenever  reference is made in this Section
     (f) to the issue or sale of shares of Common Stock, the term "Common Stock"
     shall mean the Common  Stock of the Company of the class  authorized  as of
     the date hereof and any other class of stock  ranking on a parity with such
     Common  Stock.  However,  subject to the  provisions of Section (i) hereof,
     shares issuable upon exercise hereof shall include only shares of the class
     designated as Common Stock of the Company as of the date hereof.

     (g) Officer's Certificate. Whenever the Exercise Price shall be adjusted as
required by the  provisions of Section (f) hereof,  the Company shall  forthwith
file in the custody of its Secretary or an Assistant  Secretary at its principal
office,  and with its stock  transfer  agent,  if any, an officer's  certificate
showing the adjusted  Exercise Price  determined as herein  provided and setting
forth in reasonable detail the facts requiring such adjustments.  Each officer's
certificate shall be made available at

                                       4
<PAGE>

all  reasonable  times for  inspection  by the Holder,  and the  Company  shall,
forthwith  after each such  adjustment,  mail a copy of such  certificate to the
Holder.  Such  certificate  shall be  conclusive as to the  correctness  of such
adjustment.

     (h)  Notices  to  Warrant  Holders.  So  long  as  this  Warrant  shall  be
outstanding and  unexercised,  (i) if the Company shall pay any dividend or make
any  distribution  upon the Common  Stock to the  holders  thereof as a group in
proportion to their respective shareholdings, or (ii) if the Company shall offer
to the holders of Common Stock,  as a group in  proportion  to their  respective
shareholdings,  for  subscription or purchase by them any shares of stock of any
class  or any  other  rights,  or  (iii) if any  capital  reorganization  of the
Company,  reclassification of the capital stock of the Company, consolidation or
merger of the Company with or into another  corporation  (other than a merger in
which the Company is the continuing corporation and which does not result in any
reclassification,  capital reorganization or other similar change of outstanding
shares of Common Stock of the class  issuable  upon  exercise of this  Warrant),
sale, lease or transfer of all or  substantially  all of the property and assets
of the Company to another corporation,  or voluntary or involuntary dissolution,
liquidation  or winding up of the Company  shall be effected,  then, in any such
case,  the Company shall cause to be delivered to the Holder,  at least ten days
prior to the date  specified  in (x) or (y) below,  as the case may be, a notice
containing a brief  description  of the proposed  action and stating the date on
which (x) a record is to be taken for the purpose of such dividend, distribution
or rights, or (y) such reclassification,  reorganization, consolidation, merger,
conveyance,  lease, dissolution,  liquidation or winding up is to take place and
the date,  if any,  as of which the holders of Common  Stock of record  shall be
entitled  to  exchange  their  shares of Common  Stock for  securities  or other
property deliverable upon such reclassification,  reorganization, consolidation,
merger, conveyance, dissolution, liquidation or winding up.

     (i)   Reclassification,   Reorganization   or   Merger.   In  case  of  any
reclassification,  capital  reorganization or other change of outstanding shares
of  Common  Stock of the  Company  (other  than a change  in par value or to par
value, or as a result of an issuance of Common Stock by way of dividend or other
distribution  or  of  a  subdivision  or   combination),   or  in  case  of  any
consolidation or merger of the Company with or into another  corporation  (other
than a merger in which the Company is the continuing  corporation and which does
not result in any  reclassification,  capital  reorganization  or other  similar
change of outstanding shares of Common Stock of the class issuable upon exercise
of this Warrant),

                                       5
<PAGE>

or in case of any sale or  conveyance to any other  corporation  of the property
and assets of the Company as an entirety or  substantially  as an entirety,  the
Company shall cause effective provision to be made so that the Holder shall have
the right  thereafter,  by  exercising  this  Warrant,  to purchase the kind and
amount  of  shares  of  securities  and  other  property  receivable  upon  such
reclassification, capital reorganization or other similar change, consolidation,
merger,  sale or conveyance as if the Holder had exercised this Warrant prior to
such  transaction.  Any such provision  shall include  provision for adjustments
which shall be as nearly  equivalent as may be  practicable  to the  adjustments
provided for in this Warrant. The foregoing provisions of this Section (i) shall
similarly apply to successive  reclassifications,  capital  reorganizations  and
similar  changes  of shares of Common  Stock and to  successive  consolidations,
mergers, sales or conveyances.

     (j)  Spin-Offs.  In  the  event  the  Company  spins-off  a  subsidiary  by
distributing to the shareholders of the Company, as a dividend or otherwise, the
stock of the subsidiary, the Company shall reserve, for the life of the Warrant,
shares of the  subsidiary  to be  delivered  to the Holder upon  exercise of the
Warrant to the same  extent as if Holder was the owner of record of the  Warrant
Stock on the record date for payment of the shares of the subsidiary.

     (k) "Piggyback" Registration Rights.

          (1)  Definitions.  As used in this Section (k),  the  following  terms
     shall have the following meanings:

               (a) The term "Holder"  shall mean any person owning or having the
          right to acquire Registrable Securities or any permitted transferee of
          a Holder.

               (b) The terms "register",  "registered" and "registration"  refer
          to a  registration  effected by  preparing  and filing a  registration
          statement or similar document  (except a Registration  Statement filed
          for a purpose  which would render  inappropriate  the covenants of the
          Company contained in this Section (k) such as a Registration Statement
          on Form S-8 or any other  inappropriate  form), in compliance with the
          Securities  Act of 1933, as amended (the  "Securities  Act"),  and the
          declaration or order of effectiveness of such  registration  statement
          or document.

               (c) The term  "Registrable  Securities"  shall  mean the  Warrant
          Stock;  provided,  however,  that securities  shall only be treated as
          Registrable  Securities  if and  only for so long as they (A) have not
          been disposed of pursuant to a registration

                                       6
<PAGE>

          statement declared effective by the Securities and Exchange Commission
          ("SEC"),  (B) have  not been  sold in a  transaction  exempt  from the
          registration  and prospectus  delivery  requirements of the Securities
          Act wherein all transfer  restrictions  and  restrictive  legends with
          respect thereto are removed upon the consummation of such sale and (C)
          are held by a Holder or a permitted transferee of a Holder pursuant to
          Section (k)(10) below.

          (2) Registration under the Securities Act.

               (a) In the event that at any time before the third anniversary of
          the  issue  date of this  Warrant  the  Company  intends  to  register
          securities  which relate to a current  offering of  securities  of the
          Company,  the Company shall give written notice (the "Company Notice")
          of such intention to the Holder, and upon receipt within 30 days after
          the giving of the Company Notice of the written request of the Holder,
          the  Company  shall  include  in  such  registration  the  Registrable
          Securities  of the Holder so as to permit the public  sale  thereof by
          the Holder in compliance with the Securities Act. Neither the delivery
          of a Company Notice nor of a registration  request by any Holder shall
          in any way obligate the Company to file such  Registration  Statement.
          Notwithstanding  the filing of the Registration  Statement the Company
          may, at any time prior to the effective date thereof, determine not to
          offer the  securities  to which it relates,  without  liability to the
          Holder  except that the Company  shall pay such  expenses as are to be
          paid by it under Section (k)(5).

               (b) In no event shall the Company be  obligated to file more than
          one registration  statement for the subject Registrable  Securities on
          account of the registration rights granted to the Holder thereof.

               (c) Deleted

          (3) Obligations of the Company.  Whenever  required under this Section
     (k) to include  Registrable  Securities in a  registration  statement,  the
     Company shall, as expeditiously as reasonably possible:

               (a) Use its  reasonable  best efforts to cause such  registration
          statement to become  effective,  and,  upon the request of the Holder,
          keep such registration  statement  effective for a period of up to 120
          days  or  until  the  distribution  contemplated  in the  Registration
          Statement  has  been  completed  and,  during  the  period  that  such
          registration  statement is required to be maintained  hereunder,  file
          such  post-effective  amendments  and  supplements  thereto  as may be
          required by the Securities Act and

                                       7
<PAGE>

          the rules and  regulations  thereunder or otherwise to ensure that the
          prospectus  included  therein does not contain any untrue statement of
          material fact or omit to state a fact required to be stated therein or
          necessary to make the statements  contained  therein,  in light of the
          circumstances  under which they are made,  not  misleading;  provided,
          however,  that such  120-day  period shall be extended for a period of
          time equal to the period  that the Holder  refrains  from  selling any
          securities  included  in  such  registration  at  the  request  of  an
          underwriter of Common Stock (or other securities) of the Company,  and
          provided  further that if applicable  rules under the  Securities  Act
          governing the obligation to file a post-effective amendment permit, in
          lieu of  filing  a  post-effective  amendment  that (i)  includes  any
          prospectus  required by Section 10(a)(3) of the Securities Act or (ii)
          reflects facts or events representing a material or fundamental change
          in the  information  set  forth  in the  registration  statement,  the
          Company  may  incorporate  by  reference  information  required  to be
          included  in (i) and (ii)  above to the  extent  such  information  is
          contained in periodic reports filed pursuant to Section 13 or 15(d) of
          the Securities  Exchange Act of 1934, as amended (the "Exchange Act"),
          in the registration statement.

               (b) Prepare and file with the SEC such amendments and supplements
          to such registration statement,  and the prospectus used in connection
          with such registration  statement,  as may be necessary to comply with
          the provisions of the  Securities Act with respect to the  disposition
          of all securities covered by such registration statement.

               (c) Furnish to the Holder such numbers of copies of a prospectus,
          including a  preliminary  prospectus as amended or  supplemented  from
          time to time, in conformity  with the  requirements  of the Securities
          Act, and such other documents as it may reasonably request in order to
          facilitate the disposition of Registrable Securities owned by them.

               (d) Use its  reasonable  best efforts to register and qualify the
          Registrable  Securities  covered by such registration  statement under
          such other federal or state  securities laws of such  jurisdictions as
          shall be reasonably requested by the Holder;  provided,  however, that
          the  Company  shall not be required in  connection  therewith  or as a
          condition  thereto  to  qualify  to do  business  or to file a general
          consent to service  of  process in any such  states or  jurisdictions,
          unless the Company is already subject to service in such  jurisdiction
          and except as may be required by the Securities Act.

                                       8
<PAGE>

               (e) In the event of any underwritten public offering,  enter into
          and perform its obligations under an under writing agreement, in usual
          and customary form, with the managing underwriter of such offering.

               (f) At  any  time  when  a  prospectus  relating  to  Registrable
          Securities  covered by such  registration  statement is required to be
          delivered  under the Securities  Act,  notify each Holder (i) when the
          registration statement or any post-effective  amendment and supplement
          thereto has become  effective,  (ii) of the issuance by the SEC of any
          stop order or the initiation of proceedings for that purpose (in which
          event the Company shall make every effort to obtain the  withdrawal of
          any order suspending  effectiveness  of the registration  statement at
          the earliest possible time or prevent the entry thereof), (iii) of the
          receipt  by  the  Company  of any  notification  with  respect  to the
          suspension of the qualification of the Registrable Securities for sale
          in any  jurisdiction  or the  initiation  of any  proceeding  for such
          purpose  and (iv) of the  happening  of any event as a result of which
          the prospectus  included in such  registration  statement,  as then in
          effect,  includes an untrue  statement of a material  fact or omits to
          state a material  fact  required to be stated  therein or necessary to
          make  the  statements  therein  not  misleading  in the  light  of the
          circumstances then existing.

               (g) Cause all such Registrable Securities registered hereunder to
          be listed on each  securities  exchange or quotation  service on which
          similar securities issued by the Company are then listed or quoted.

               (h) Provide a transfer  agent and registrar  for all  Registrable
          Securities  registered  hereunder  and a CUSIP  number  for  all  such
          Registrable Securities, in each case not later than the effective date
          of such registration.

          (4)  Holder's  Obligation  to  Furnish  Information.  It  shall  be  a
     condition  precedent  to the  obligation  of the Company to take any action
     pursuant to this Section (k) with respect to the Registrable  Securities of
     the Holder  that  Holder  shall  furnish to the  Company  such  information
     regarding the Holder,  the Registrable  Securities held by the Holder,  and
     the  intended  method  of  disposition  of  such  securities  as  shall  be
     reasonably  required by the Company to effect the  registration of Holder's
     Registrable Securities.

          (5) Expenses of Company  Registration.  The Company shall bear and pay
     all expenses  incurred in connection  with any  registration of Registrable
     Securities pursuant to Section (k)(2)

                                       9
<PAGE>

     above for Holder, including (without limitation) all registration,  filing,
     and   qualification   fees,   printers  and  accounting  fees  relating  or
     apportionable thereto, but excluding underwriting discounts and commissions
     relating to Registrable  Securities;  provided,  however,  that the Company
     shall not bear the cost of any  professional  fees or costs of  accounting,
     financial or legal advisors to the Holder.  Notwithstanding  the foregoing,
     Holder shall pay all  registration  expenses that Holder is required to pay
     under applicable law.

          (6)  Underwriting  Requirements.   In  connection  with  any  offering
     involving an  underwriting  of shares of the Company's  capital stock,  the
     Company shall not be required  under  Section  (k)(2) to include any of the
     Holder's Registrable  Securities in such underwriting unless it accepts the
     terms of the  underwriting  as agreed  upon  between  the  Company  and the
     underwriters  selected  by it (or by other  persons  entitled to select the
     underwriters), and then only in such quantity as the underwriters determine
     in their sole discretion will not jeopardize the success of the offering by
     the  Company.  If the total  amount of  securities,  including  Registrable
     Securities  requested by selling stockholders of the Company to be included
     in such offering  exceeds the amount of securities to be sold other than by
     the Company that the  underwriters  determine in their sole  discretion  is
     compatible  with the success of the  offering,  then the  Company  shall be
     required to include in the  offering  only that number of such  securities,
     including Registrable Securities, which the underwriters determine in their
     sole  discretion  will not  jeopardize  the  success of the  offering  (the
     securities  so  included  to be  apportioned  pro rata  among  the  selling
     stockholders,  including  the  Holder,  according  to the  total  amount of
     securities   entitled  to  be  included   therein  owned  by  each  selling
     stockholder or in such other  proportions as shall mutually be agreed to by
     such selling  stockholders).  For purposes of the  preceding  parenthetical
     concerning apportionment,  for any selling stockholder who is a partnership
     or corporation,  the partners,  retired  partners and  stockholders of such
     holder,  or the estates and family members of any such partners and retired
     partners  and any trusts for the  benefit of any of the  foregoing  persons
     shall be  deemed to be a single  "selling  stockholder",  and any  pro-rata
     reduction  with respect to such "selling  stockholder"  shall be based upon
     the aggregate  amount of shares carrying  registration  rights owned by all
     entities and individuals included in such "selling stockholder", as defined
     in this sentence.

          (7) Delay of Registration. Holder shall have no any right to obtain or
     seek an injunction  restraining or otherwise delaying any such registration
     as the result of any controversy

                                       10
<PAGE>

     that might arise with respect to the  interpretation  or implemen tation of
     these Registration Rights.

          (8) Indemnification.  In the event that any Registrable Securities are
     included in a registration statement under this Section (k):

               (a) To the extent  permitted by law,  the Company will  indemnify
          and  hold  harmless  Holder,   any  underwriter  (as  defined  in  the
          Securities  Act) for  Holder and each  person,  if any,  who  controls
          Holder or underwriter  within the meaning of the Securities Act or the
          Exchange Act,  against any losses,  claims,  damages,  or  liabilities
          (joint  or  several)  to  which  they may  become  subject  under  the
          Securities Act, or the Exchange Act,  insofar as such losses,  claims,
          damages,  or liabilities (or actions in respect  thereof) arise out of
          or are  based  upon  any of the  following  statements,  omissions  or
          violations  (collectively a "Violation"):  (i) any untrue statement or
          alleged  untrue  statement  of  a  material  fact  contained  in  such
          registration statement,  including any preliminary prospectus or final
          prospectus contained therein or any amendments or supplements thereto,
          (ii) the omission or alleged omission to state therein a material fact
          required to be stated  therein,  or necessary  to make the  statements
          therein not misleading, or (iii) any violation or alleged violation by
          the Company of the  Securities  Act, the Exchange  Act, or any rule or
          regulation  promulgated under the Securities Act, or the Exchange Act,
          and  the  Company  will  pay  to  each  such  Holder,  underwriter  or
          controlling   person,  as  incurred,   any  legal  or  other  expenses
          reasonably  incurred  by  them in  connection  with  investigating  or
          defending  any  such  loss,  claim,  damage,   liability,  or  action;
          provided,  however,  that the  indemnity  agreement  contained in this
          Section  (k)(8) shall not apply to amounts paid in  settlement  of any
          such loss, claim, damage,  liability,  or action if such settlement is
          effected  without the consent of the Company  (which consent shall not
          be unreasonably withheld), nor shall the Company be liable in any such
          case for any such loss,  claim,  damage,  liability,  or action to the
          extent that it arises out of or is based upon a Violation which occurs
          in reliance upon and in conformity with written information  furnished
          expressly  for use in  connection  with such  registration  by Holder,
          underwriter or controlling person.

               (b) To the extent  permitted by law,  Holder will  indemnify  and
          hold harmless the Company, each of its directors, each of its officers
          who has signed the registration  statement,  each person,  if any, who
          controls  the Company  within the meaning of the  Securities  Act, any
          underwriter,  any other person selling securities in such registration
          statement and any controlling  person of any such underwriter or other
          person, against

                                       11
<PAGE>

          any losses,  claims,  damages,  or  liabilities  (joint or several) to
          which any of the  foregoing  persons  may  become  subject,  under the
          Securities Act, or the Exchange Act,  insofar as such losses,  claims,
          damages,  or liabilities (or actions in respect  thereto) arise out of
          or are 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 by Holder expressly for
          use in  connection  with such  registration;  and Holder  will pay, as
          incurred,  any  legal or other  expenses  reasonably  incurred  by any
          person intended to be indemnified pursu ant to this Section (8)(b), in
          connection  with  investigating  or  defending  any such loss,  claim,
          damage,  liability, or action;  provided,  however, that the indemnity
          agreement  contained in this Section (8)(b) shall not apply to amounts
          paid in  settlement  of any such loss,  claim,  damage,  liability  or
          action if such  settlement  is  effected  without  the  consent of the
          Holder,  which consent shall not be unreasonably  withheld;  provided,
          that, in no event shall any indemnity under this Section (8)(b) exceed
          the gross proceeds from the offering received by Holder.

               (c) Promptly  after  receipt by an  indemnified  party under this
          Section (8) of notice of the commencement of any action (including any
          governmental  action),  such  indemnified  party shall,  if a claim in
          respect  thereof is to be made  against any  indemnifying  party under
          this Section (8), 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 notified,
          to  assume  the  defense   thereof  with   counsel   selected  by  the
          indemnifying  party  and  approved  by the  indemnified  party  (whose
          approval shall not be unreasonably withheld);  provided, however, that
          an  indemnified  party  (together with all other  indemnified  parties
          which may be represented  without  conflict by one counsel) shall have
          the right to retain one separate  counsel,  with the fees and expenses
          to be paid by the indemnifying  party, if representation of such indem
          nified party by the counsel retained by the  indemnifying  party would
          be  inappropriate  due to  actual  or  potential  differing  interests
          between such indemnified party and any other party represented by such
          counsel in such  proceeding.  The failure to deliver written notice to
          the  indemnifying  party within a rea sonable time of the commencement
          of any such  action,  if  prejudicial  to its  ability to defend  such
          action,  shall relieve such indemnifying party of any liability to the
          indemnified  party  under this  Section  (8),  but the  omission so to
          deliver written notice to the  indemnifying  party will not relieve it
          of any liability that it may have to any  indemnified  party otherwise
          than under this Section (8).

                                       12
<PAGE>

               (d) If the  indemnification  provided  for in this Section (8) is
          held by a court of  competent  jurisdiction  to be  unavailable  to an
          indemnified party with respect to any loss, liability,  claim, damage,
          or expense referred to therein,  then the indemnifying  party, in lieu
          of indemnifying such indemnified party hereunder,  shall contribute to
          the amount  paid or payable by such  indemnified  party as a result of
          such loss, liability,  claim, damage, or expense in such proportion as
          is appropriate to reflect the relative fault of the indemnifying party
          on the  one  hand  and of  the  indemnified  party  on  the  other  in
          connection  with the  statements  or omissions  that  resulted in such
          loss,  liability,  claim,  damage,  or  expense  as well as any  other
          relevant   equitable   considerations.   The  relative  fault  of  the
          indemnifying party and of the indemnified party shall be determined by
          reference to, among other things, whether the untrue or alleged untrue
          statement of a material  fact or the omission to state a material fact
          relates to information  supplied by the  indemnifying  party or by the
          indemnified party and the parties' relative intent, knowledge,  access
          to  information,  and opportunity to correct or prevent such statement
          or omission.

               (e)  Notwithstanding  the  foregoing,  to  the  extent  that  the
          provisions  on  indemnification  and  contribution  contained  in  the
          underwriting   agreement   entered   into  in   connection   with  the
          underwritten  public  offering  are in  conflict  with  the  foregoing
          provisions,   the  provisions  in  the  underwriting  agreement  shall
          control.

               (f) The  obligations of the Company and Holder under this Section
          (8) shall  survive  the  completion  of any  offering  of  Registrable
          Securities  in  a  registration  statement  under  these  Registration
          Rights, and otherwise.

          (9) Reports under the Exchange Act. With a view to making available to
     the Holder the benefits of Rule 144 and any other rule or regulation of the
     SEC that may at any time permit Holder to sell securities of the Company to
     the public pursuant to an exemption from  registration,  the Company agrees
     to:

               (a) File with the SEC in a timely  manner all  reports  and other
          documents  required of the Company  under the  Securities  Act and the
          Exchange Act; and

               (b)  Furnish  to the  Holder,  so long  as the  Holder  owns  any
          Registrable Securities,  forthwith upon request (i) 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 (ii) such other
          information  as may be reasonably  requested in availing the Holder of
          any rule or regulation of the SEC which

                                       13
<PAGE>

          permits the selling of any such  securities  without  registration  or
          pursuant to such form.

          (10)  Permitted  Transferees.  The  rights  to cause  the  Company  to
     register Registrable  Securities granted to the Holder by the Company under
     this Subscription Agreement may be assigned in full by Holder in connection
     with a  transfer  by Holder of its  Registrable  Securities  if: (a) Holder
     gives prior written notice to the Company;  (b) transferee agrees to comply
     with the terms and  provisions  of this  Agreement;  (c) such  transfer  is
     otherwise  in  compliance  with this  Agreement  and (d) such  transfer  is
     otherwise be effected in accordance with applicable securities laws. Except
     as  specifically  permitted by this Section (10), the rights of Holder with
     respect  to  Registrable   Securities  as  set  out  herein  shall  not  be
     transferable  to any other person,  and any attempted  transfer shall cause
     all rights of Holder therein to be forfeited.

          (11)  Termination  of  Registration  Rights.  The  right of  Holder to
     request the inclusion of its  Registrable  Securities  in any  registration
     pursuant to Section (k)(2) shall  terminate if all  Registrable  Securities
     held by Holder may immediately be sold under Rule 144.

     (l)  Redemption  of Warrants.  Provided the closing  price of the Company's
Common Stock is $2.00 or more for 10 consecutive trading days, the Company shall
have the  right to call  this  Warrant  for  redemption  at a price of $.001 per
Warrant at any time.  The Company shall give no less than 10 days written notice
of redemption to the Holder as of the date of such notice. Such notice shall set
a date not  more  than 90 days  after  the date of the  redemption  notice  (the
"Redemption  Date").  Upon the Redemption  Date, this Warrant shall be cancelled
and shall  thereafter  be null and void and of no effect,  and the Company shall
pay to the Holder as of the date of the notice the above  redemption  price upon
surrender  of this  Warrant.  This  Warrant  will not be subject to a redemption
notice  unless  at the time of the  giving of such  notice  the  Company  has an
effective  registration  statement  under the  Securities  Act  registering  the
issuance  and sale of the  Warrant  Stock to Holder.  The  Company  will use its
reasonable  efforts to maintain such registration  statement in effect until the
expiration or redemption of the Warrants.

                                       14
<PAGE>

     (m) Transfer to Comply with the Securities Act.

          (1) This Warrant,  or any new warrant  issued  pursuant to Section (d)
     hereof,  or the Warrant Stock or any other security issued or issuable upon
     exercise of this  Warrant,  may not be offered or sold except in conformity
     with the  Securities  Act and then only against  receipt of an agreement of
     such  person  to whom  such  offer  of sale is  made  to  comply  with  the
     provisions  of this  Section  (m)  with  respect  to any  resale  or  other
     disposition of such securities.

          (2) The  Company  may cause a  customary  legend  for  securities  not
     registered  under the  Securities  Act to be set forth on each  certificate
     representing  Warrant Stock or any other  security  issued or issuable upon
     exercise of this Warrant not theretofore  distributed to the public or sold
     to  underwriters  for  distribution  to the public  pursuant to Section (k)
     hereof,  unless  counsel  for the  Company is of the opinion as to any such
     certificate that such legend is unnecessary.

     (n)   Notices.   All   notices,   requests,   claims,   demands  and  other
communications  hereunder  shall be in writing and shall be given  either (i) by
delivery in person,  in which case any such notice  shall be deemed to have been
duly given upon  receipt,  or (ii) by certified  mail,  (postage paid and return
receipt  requested),in  which case said  notice will be deemed to have been duly
given three (3) days after such mailing, to the respective parties as follows:

     If to the Company:

           SyCoNet.Com, Inc.
           9208A Venture Court
           Manassas Park, Virginia 20111
           Attn:  Sy Robert Picon, Chairman

     If to Holder:

           Alliance Equities, Inc.
           12147 N.W. 9th Drive
           Coral Springs, Florida 33071
           Attn:  Richard Epstein

                                       15
<PAGE>

or to such other  address  as either  party may have  furnished  to the other in
writing in accordance herewith, except that notices of a change of address shall
only be effective upon receipt.

     (n)  Governing  Law.  This  Warrant  shall be governed by and  construed in
accordance  with  the laws of the  State  of New  York,  without  regard  to the
principles of conflict of laws.

     (o) No Prior  Agreements.  This Warrant (i) contains the entire  agreement,
and supersedes all other prior agreements and  understandings,  both written and
oral,  between the parties hereto with respect to the subject matter hereof, and
(ii) is not  intended  to confer  upon any other  person any rights or  remedies
hereunder.

     (p) Effect of Headings.  The section  headings  herein are for  convenience
only and shall not affect the meaning or construction of this Agreement.

                                        SYCONET.COM, INC.

                                        By: ___________________________________
                                            Sy Robert Picon, Chairman

                                       16
<PAGE>

                                  PURCHASE FORM

                                           Dated _______________________ , 20___

     The undersigned hereby irrevocably elects to exercise the within Warrant to
the extent of purchasing  _____________  shares of Common Stock of  SYCONET.COM,
INC. and hereby makes payment of $__________  in payment of the actual  exercise
price thereof.

                     INSTRUCTIONS FOR REGISTRATION OF STOCK

Name____________________________________________________________________________
     (please typewrite or print in block letters)

Address_________________________________________________________________________

Signature_______________________________________________________________________

Social Security or Employer I.D. No.____________________________________________

                                 ASSIGNMENT FORM

     FOR VALUE RECEIVED, _______________________________________________________

hereby sells, assigns and transfers unto

Name____________________________________________________________________________
     (please typewrite or print in block letters)

Address_________________________________________________________________________

the right to purchase Common Stock, represented by this Warrant to the extent of
__________ shares as to which right is exercisable,  and does hereby irrevocably
constitute and appoint  ___________________,  attorney,  to transfer the same on
the books of the Company with full power of substitution in the premises.

                                        Signature_______________________________

Dated _______________________ , 20___

                                       17<PAGE>   1

                                                                   EXHIBIT 10.18

                                AMENDMENT NO. 5
                                     TO THE
                        SOFTWARE DISTRIBUTION AGREEMENT
                                    BETWEEN
                      LUCENT TECHNOLOGIES INC. ("LUCENT")
                                      AND
                        QUINTUS CORPORATION ("QUINTUS")

WHEREAS, Lucent and Quintus are parties to a Software Distribution Agreement,
as amended, (the "Agreement"); and

WHEREAS, the parties wish to extend the term of the Agreement and further
amend it.

NOW THEREFORE, in consideration of the premises and other good and valuable
considerations, the receipt and sufficiency of which are hereby acknowledged,
Lucent and Quintus hereby mutually agree as follows:

1.      The term of the Agreement is hereby extended by one (1) year to May 4,
2001 pursuant to Section 23 (TERM, TERMINATION AND DEFAULT) of the Agreement.

2.      If, at any time, LUCENT requests that SUPPLIER provide pre-sales support
in connection with an End User or potential End User, SUPPLIER shall ensure that
the employees providing such support treat any information obtained from LUCENT,
said End User, or any third party in the course of such support as Confidential
information pursuant to Section 28 (CONFIDENTIALITY) of the Agreement, including
but not limited to the obligation to use said information solely in furtherance
of LUCENT's distribution and sales activities. Without limiting the foregoing in
any way, SUPPLIER further agrees that, for a period of six (6) months from the
date of an End User's decision to obtain PRODUCTS from LUCENT, the SUPPLIER
personnel who provided said pre-sales support to LUCENT may not perform any
support services for SUPPLIER or to other SUPPLIER personnel in connection with
that End User unless it is in the course of providing additional support to
LUCENT.

3.      Effective May 5, 2000, Exhibit B(2), as agreed to in Amendment No. 3 to
the Agreement, shall be deleted, except that Addition to Exhibit B(3) (entitled
"Maintenance Fee"), as agreed to in Amendment No. 4 to the Agreement, shall
remain in full force and effect. Effective May 5, 2000, Section 8 (LICENSE FEE)
of the Agreement shall be deleted in its entirety and replaced with, "For each
copy of the PRODUCT replicated and provided to an End User by LUCENT or its
Subdistributors, LUCENT shall pay SUPPLIER a License Fee equal to [*] percent
[*] of SUPPLIER's applicable published suggested list price in effect at that
time that said PRODUCT is replicated. SUPPLIER shall give LUCENT ninety

[*] Certain information in this exhibit has been omitted and filed separately
    with the Commission. Confidential treatment has been requested with respect
    to the omitted portions.

                                      -1-
                        PROPRIETARY -- LUCENT / QUINTUS
<PAGE>   2
(90) days' written notice of any increase in any applicable published suggested
list price, provided that such increase shall not affect the License Fee
applicable to any End User for which Lucent had already quoted a price prior to
receipt of notice of a list price increase and LUCENT notifies SUPPLIER of the
existence of that End User within thirty (30) days of Lucent's receipt of notice
of the list price increase. SUPPLIER shall notify LUCENT immediately of any
decrease in any applicable published suggested list prices, and the resulting
decreases in License Fees shall become effective immediately.

4.      The Hardware and Software Loan Agreement, as amended, between the
parties is hereby incorporated by reference into the Agreement.

5.      Section 12 (PAYMENTS), Subsection A, is hereby amended as follows: The
second sentence of said Subsection is deleted in its entirety and replaced
with, "The License Fee with respect to each copy of the PRODUCT replicated will
be earned by SUPPLIER on the date on which LUCENT ships a copy of the PRODUCT
to an End User. Within thirty (30) days of the end of every other month, LUCENT
shall issue to SUPPLIER a report indicating the number of copies of the PRODUCT
shipped during the prior two months and shall pay to SUPPLIER the corresponding
License Fees."

6.      This Amendment No. 5 shall be effective when signed by both parties.

In all other respects, the Agreement, as previously amended, remains unchanged.

ACCEPTED AND AGREED:

LUCENT TECHNOLOGIES INC.                QUINTUS CORPORATION

By: /s/ MARTIN ASKINAZI                 By: /s/ MICHELLE E. FIELDS
   --------------------------------        ------------------------------------
Name:   Martin Askinazi                 Name:   Michelle E. Fields
     ------------------------------          ----------------------------------
Title: General Manager                  Title: Business Admin. Manager
      -----------------------------            --------------------------------
Date: 2/23/2000                         Date: 16 February 2000
     ------------------------------          ----------------------------------

                                     - 2 -
                        PROPRIETARY -- LUCENT / QUINTUS

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}]]