Document:

THIS WARRANT AND THE SHARES  ISSUABLE  UPON THE EXERCISE OF THIS
      WARRANT HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF
      1933,  AS AMENDED.  EXCEPT AS OTHERWISE SET FORTH HEREIN OR IN A
      SECURITIES  PURCHASE  AGREEMENT  DATED AS OF SEPTEMBER 12, 2006,
      NEITHER  THIS  WARRANT  NOR  ANY OF  SUCH  SHARES  MAY BE  SOLD,
      TRANSFERRED   OR  ASSIGNED  IN  THE  ABSENCE  OF  AN   EFFECTIVE
      REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER SAID ACT OR, AN
      OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE,  CUSTOMARY FOR
      OPINIONS   OF   COUNSEL   IN   COMPARABLE   TRANSACTIONS,   THAT
      REGISTRATION  IS NOT  REQUIRED  UNDER  SUCH ACT OR  UNLESS  SOLD
      PURSUANT TO RULE 144 OR REGULATION S UNDER SUCH ACT.

                                                                  Right to
                                                                  Purchase
                                                                  6,000,000
                                                                  Shares of
                                                                  Common Stock,
                                                                  par value
                                                                  $.001 per
                                                                  share

                             STOCK PURCHASE WARRANT

      THIS CERTIFIES THAT, for value received, AJW Qualified Partners, LLC or
its registered assigns, is entitled to purchase from Advanced Biophotonics Inc.,
a Delaware corporation (the "Company"), at any time or from time to time during
the period specified in Paragraph 2 hereof, 6,000,000 fully paid and
nonassessable shares of the Company's Common Stock, par value $.001 per share
(the "Common Stock"), at an exercise price per share equal to $.30 (the
"Exercise Price"). The term "Warrant Shares," as used herein, refers to the
shares of Common Stock purchasable hereunder. The Warrant Shares and the
Exercise Price are subject to adjustment as provided in Paragraph 4 hereof. The
term "Warrants" means this Warrant and the other warrants issued pursuant to
that certain Securities Purchase Agreement, dated September 12, 2006, by and
among the Company and the Buyers listed on the execution page thereof (the
"Securities Purchase Agreement").

      This Warrant is subject to the following terms, provisions, and
conditions:

<PAGE>

      1. Manner of Exercise; Issuance of Certificates; Payment for Shares.

      Subject to the provisions hereof, this Warrant may be exercised by the
holder hereof, in whole or in part, by the surrender of this Warrant, together
with a completed exercise agreement in the form attached hereto (the "Exercise
Agreement"), to the Company during normal business hours on any business day at
the Company's principal executive offices (or such other office or agency of the
Company as it may designate by notice to the holder hereof), and upon (i)
payment to the Company in cash, by certified or official bank check or by wire
transfer for the account of the Company of the Exercise Price for the Warrant
Shares specified in the Exercise Agreement or (ii) if the resale of the Warrant
Shares by the holder is not then registered pursuant to an effective
registration statement under the Securities Act of 1933, as amended (the
"Securities Act"), delivery to the Company of a written notice of an election to
effect a "Cashless Exercise" (as defined in Section 11(c) below) for the Warrant
Shares specified in the Exercise Agreement. The Warrant Shares so purchased
shall be deemed to be issued to the holder hereof or such holder's designee, as
the record owner of such shares, as of the close of business on the date on
which this Warrant shall have been surrendered, the completed Exercise Agreement
shall have been delivered, and payment shall have been made for such shares as
set forth above. Certificates for the Warrant Shares so purchased, representing
the aggregate number of shares specified in the Exercise Agreement, shall be
delivered to the holder hereof within a reasonable time, not exceeding five (5)
business days, after this Warrant shall have been so exercised. The certificates
so delivered shall be in such denominations as may be requested by the holder
hereof and shall be registered in the name of such holder or such other name as
shall be designated by such holder. If this Warrant shall have been exercised
only in part, then, unless this Warrant has expired, the Company shall, at its
expense, at the time of delivery of such certificates, deliver to the holder a
new Warrant representing the number of shares with respect to which this Warrant
shall not then have been exercised. In addition to all other available remedies
at law or in equity, if the Company fails to deliver certificates for the
Warrant Shares within five (5) business days after this Warrant is exercised,
then the Company shall pay to the holder in cash a penalty (the "Penalty") equal
to 2% of the number of Warrant Shares that the holder is entitled to multiplied
by the Market Price (as hereinafter defined) for each day that the Company fails
to deliver certificates for the Warrant Shares. For example, if the holder is
entitled to 100,000 Warrant Shares and the Market Price is $2.00, then the
Company shall pay to the holder $4,000 for each day that the Company fails to
deliver certificates for the Warrant Shares. The Penalty shall be paid to the
holder by the fifth day of the month following the month in which it has
accrued.

      Notwithstanding anything in this Warrant to the contrary, in no event
shall the holder of this Warrant be entitled to exercise a number of Warrants
(or portions thereof) in excess of the number of Warrants (or portions thereof)
upon exercise of which the sum of (i) the number of shares of Common Stock
beneficially owned by the holder and its affiliates (other than shares of Common
Stock which may be deemed beneficially owned through the ownership of the
unexercised Warrants and the unexercised or unconverted portion of any other
securities of the Company (including the Notes (as defined in the Securities
Purchase Agreement)) subject to a limitation on conversion or exercise analogous
to the limitation contained herein) and (ii) the number of shares of Common
Stock issuable upon exercise of the Warrants (or portions thereof) with respect
to which the determination described herein is being made, would result in
beneficial ownership by the holder and its affiliates of more than 4.9% of the
outstanding shares of Common Stock. For purposes of the immediately preceding
sentence, beneficial ownership shall be determined in accordance with Section
13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13D-G
thereunder, except as otherwise provided in clause (i) of the preceding
sentence. Notwithstanding anything to the contrary contained herein, the
limitation on exercise of this Warrant set forth herein may not be amended
without (i) the written consent of the holder hereof and the Company and (ii)
the approval of a majority of shareholders of the Company.

                                       2
<PAGE>

      2. Period of Exercise.

      This Warrant is exercisable at any time or from time to time on or after
the date on which this Warrant is issued and delivered pursuant to the terms of
the Securities Purchase Agreement and before 6:00 p.m., New York, New York time
on the seventh (7th) anniversary of the date of issuance (the "Exercise
Period").

      3. Certain Agreements of the Company.

      The Company hereby covenants and agrees as follows:

            (a) Shares to be Fully Paid. Subject to Stockholder Approval (as
      such term is defined in Section 4(n) of the Securities Purchase
      Agreement), all Warrant Shares will, upon issuance in accordance with the
      terms of this Warrant, be validly issued, fully paid, and nonassessable
      and free from all taxes, liens, and charges with respect to the issue
      thereof.

            (b) Reservation of Shares. Subject to Stockholder Approval (as such
      term is defined in Section 4(n) of the Securities Purchase Agreement),
      during the Exercise Period, the Company shall at all times have
      authorized, and reserved for the purpose of issuance upon exercise of this
      Warrant, a sufficient number of shares of Common Stock to provide for the
      exercise of this Warrant.

            (c) Listing. The Company shall promptly secure the listing of the
      shares of Common Stock issuable upon exercise of the Warrant upon each
      national securities exchange or automated quotation system, if any, upon
      which shares of Common Stock are then listed (subject to official notice
      of issuance upon exercise of this Warrant) and shall maintain, so long as
      any other shares of Common Stock shall be so listed, such listing of all
      shares of Common Stock from time to time issuable upon the exercise of
      this Warrant; and the Company shall so list on each national securities
      exchange or automated quotation system, as the case may be, and shall
      maintain such listing of, any other shares of capital stock of the Company
      issuable upon the exercise of this Warrant if and so long as any shares of
      the same class shall be listed on such national securities exchange or
      automated quotation system.

            (d) Certain Actions Prohibited. The Company will not, by amendment
      of its charter or through any reorganization, transfer of assets,
      consolidation, merger, dissolution, issue or sale of securities, or any
      other voluntary action, avoid or seek to avoid the observance or
      performance of any of the terms to be observed or performed by it
      hereunder, but will at all times in good faith assist in the carrying out
      of all the provisions of this Warrant and in the taking of all such action
      as may reasonably be requested by the holder of this Warrant in order to
      protect the exercise privilege of the holder of this Warrant against
      dilution or other impairment, consistent with the tenor and purpose of
      this Warrant. Without limiting the generality of the foregoing, the
      Company (i) will not increase the par value of any shares of Common Stock
      receivable upon the exercise of this Warrant above the Exercise Price then
      in effect, and (ii) will take all such actions as may be necessary or
      appropriate in order that the Company may validly and legally issue fully
      paid and nonassessable shares of Common Stock upon the exercise of this
      Warrant.

            (e) Successors and Assigns. This Warrant will be binding upon any
      entity succeeding to the Company by merger, consolidation, or acquisition
      of all or substantially all the Company's assets.

                                       3
<PAGE>

      4. Antidilution Provisions.

      During the Exercise Period, the Exercise Price and the number of Warrant
Shares shall be subject to adjustment from time to time as provided in this
Paragraph 4.

      In the event that any adjustment of the Exercise Price as required herein
results in a fraction of a cent, such Exercise Price shall be rounded up to the
nearest cent.

            (a) Adjustment of Exercise Price and Number of Shares upon Issuance
      of Common Stock. Except as otherwise provided in Paragraphs 4(c) and 4(e)
      hereof, if and whenever on or after the date of issuance of this Warrant,
      the Company issues or sells, or in accordance with Paragraph 4(b) hereof
      is deemed to have issued or sold, any shares of Common Stock for no
      consideration or for a consideration per share (before deduction of
      reasonable expenses or commissions or underwriting discounts or allowances
      in connection therewith) less than the Market Price on the date of
      issuance (a "Dilutive Issuance"), then immediately upon the Dilutive
      Issuance, the Exercise Price will be reduced to a price determined by
      multiplying the Exercise Price in effect immediately prior to the Dilutive
      Issuance by a fraction, (i) the numerator of which is an amount equal to
      the sum of (x) the number of shares of Common Stock actually outstanding
      immediately prior to the Dilutive Issuance, plus (y) the quotient of the
      aggregate consideration, calculated as set forth in Paragraph 4(b) hereof,
      received by the Company upon such Dilutive Issuance divided by the Market
      Price in effect immediately prior to the Dilutive Issuance, and (ii) the
      denominator of which is the total number of shares of Common Stock Deemed
      Outstanding (as defined below) immediately after the Dilutive Issuance.

            (b) Effect on Exercise Price of Certain Events. For purposes of
      determining the adjusted Exercise Price under Paragraph 4(a) hereof, the
      following will be applicable:

                  (i) Issuance of Rights or Options. If the Company in any
            manner issues or grants any warrants, rights or options, whether or
            not immediately exercisable, to subscribe for or to purchase Common
            Stock or other securities convertible into or exchangeable for
            Common Stock ("Convertible Securities") (such warrants, rights and
            options to purchase Common Stock or Convertible Securities are
            hereinafter referred to as "Options") and the price per share for
            which Common Stock is issuable upon the exercise of such Options is
            less than the Market Price on the date of issuance or grant of such
            Options, then the maximum total number of shares of Common Stock
            issuable upon the exercise of all such Options will, as of the date
            of the issuance or grant of such Options, be deemed to be
            outstanding and to have been issued and sold by the Company for such
            price per share. For purposes of the preceding sentence, the "price
            per share for which Common Stock is issuable upon the exercise of
            such Options" is determined by dividing (i) the total amount, if
            any, received or receivable by the Company as consideration for the
            issuance or granting of all such Options, plus the minimum aggregate
            amount of additional consideration, if any, payable to the Company
            upon the exercise of all such Options, plus, in the case of
            Convertible Securities issuable upon the exercise of such Options,
            the minimum aggregate amount of additional consideration payable
            upon the conversion or exchange thereof at the time such Convertible
            Securities first become convertible or exchangeable, by (ii) the
            maximum total number of shares of Common Stock issuable upon the
            exercise of all such Options (assuming full conversion of
            Convertible Securities, if applicable). No further adjustment to the
            Exercise Price will be made upon the actual issuance of such Common
            Stock upon the exercise of such Options or upon the conversion or
            exchange of Convertible Securities issuable upon exercise of such
            Options.

                                       4
<PAGE>

                  (ii) Issuance of Convertible Securities. If the Company in any
            manner issues or sells any Convertible Securities, whether or not
            immediately convertible (other than where the same are issuable upon
            the exercise of Options) and the price per share for which Common
            Stock is issuable upon such conversion or exchange is less than the
            Market Price on the date of issuance, then the maximum total number
            of shares of Common Stock issuable upon the conversion or exchange
            of all such Convertible Securities will, as of the date of the
            issuance of such Convertible Securities, be deemed to be outstanding
            and to have been issued and sold by the Company for such price per
            share. For the purposes of the preceding sentence, the "price per
            share for which Common Stock is issuable upon such conversion or
            exchange" is determined by dividing (i) the total amount, if any,
            received or receivable by the Company as consideration for the
            issuance or sale of all such Convertible Securities, plus the
            minimum aggregate amount of additional consideration, if any,
            payable to the Company upon the conversion or exchange thereof at
            the time such Convertible Securities first become convertible or
            exchangeable, by (ii) the maximum total number of shares of Common
            Stock issuable upon the conversion or exchange of all such
            Convertible Securities. No further adjustment to the Exercise Price
            will be made upon the actual issuance of such Common Stock upon
            conversion or exchange of such Convertible Securities.

                  (iii) Change in Option Price or Conversion Rate. If there is a
            change at any time in (i) the amount of additional consideration
            payable to the Company upon the exercise of any Options; (ii) the
            amount of additional consideration, if any, payable to the Company
            upon the conversion or exchange of any Convertible Securities; or
            (iii) the rate at which any Convertible Securities are convertible
            into or exchangeable for Common Stock (other than under or by reason
            of provisions designed to protect against dilution), the Exercise
            Price in effect at the time of such change will be readjusted to the
            Exercise Price which would have been in effect at such time had such
            Options or Convertible Securities still outstanding provided for
            such changed additional consideration or changed conversion rate, as
            the case may be, at the time initially granted, issued or sold.

                  (iv) Treatment of Expired Options and Unexercised Convertible
            Securities. If, in any case, the total number of shares of Common
            Stock issuable upon exercise of any Option or upon conversion or
            exchange of any Convertible Securities is not, in fact, issued and
            the rights to exercise such Option or to convert or exchange such
            Convertible Securities shall have expired or terminated, the
            Exercise Price then in effect will be readjusted to the Exercise
            Price which would have been in effect at the time of such expiration
            or termination had such Option or Convertible Securities, to the
            extent outstanding immediately prior to such expiration or
            termination (other than in respect of the actual number of shares of
            Common Stock issued upon exercise or conversion thereof), never been
            issued.

                  (v) Calculation of Consideration Received. If any Common
            Stock, Options or Convertible Securities are issued, granted or sold
            for cash, the consideration received therefor for purposes of this
            Warrant will be the amount received by the Company therefor, before
            deduction of reasonable commissions, underwriting discounts or
            allowances or other reasonable expenses paid or incurred by the
            Company in connection with such issuance, grant or sale. In case any
            Common Stock, Options or Convertible Securities are issued or sold
            for a consideration part or all of which shall be other than cash,
            the amount of the consideration other than cash received by the
            Company will be the fair value of such consideration, except where
            such consideration consists of securities, in which case the amount
            of consideration received by the Company will be the Market Price
            thereof as of the date of receipt. In case any Common Stock, Options
            or Convertible Securities are issued in connection with any
            acquisition, merger or consolidation in which the Company is the
            surviving corporation, the amount of consideration therefor will be
            deemed to be the fair value of such portion of the net assets and
            business of the non-surviving corporation as is attributable to such
            Common Stock, Options or Convertible Securities, as the case may be.
            The fair value of any consideration other than cash or securities
            will be determined in good faith by the Board of Directors of the
            Company.

                                       5
<PAGE>

                  (vi) Exceptions to Adjustment of Exercise Price. No adjustment
            to the Exercise Price will be made (i) upon the exercise of any
            warrants, options or convertible securities granted, issued and
            outstanding on the date of issuance of this Warrant; (ii) upon the
            grant or exercise of any stock or options which may hereafter be
            granted or exercised under any employee benefit plan, stock option
            plan or restricted stock plan of the Company now existing or to be
            implemented in the future, so long as the issuance of such stock or
            options is approved by a majority of the independent members of the
            Board of Directors of the Company or a majority of the members of a
            committee of independent directors established for such purpose; or
            (iii) upon the exercise of the Warrants.

            (c) Subdivision or Combination of Common Stock. If the Company at
      any time subdivides (by any stock split, stock dividend, recapitalization,
      reorganization, reclassification or otherwise) the shares of Common Stock
      acquirable hereunder into a greater number of shares, then, after the date
      of record for effecting such subdivision, the Exercise Price in effect
      immediately prior to such subdivision will be proportionately reduced. If
      the Company at any time combines (by reverse stock split,
      recapitalization, reorganization, reclassification or otherwise) the
      shares of Common Stock acquirable hereunder into a smaller number of
      shares, then, after the date of record for effecting such combination, the
      Exercise Price in effect immediately prior to such combination will be
      proportionately increased.

            (d) Adjustment in Number of Shares. Upon each adjustment of the
      Exercise Price pursuant to the provisions of this Paragraph 4, the number
      of shares of Common Stock issuable upon exercise of this Warrant shall be
      adjusted by multiplying a number equal to the Exercise Price in effect
      immediately prior to such adjustment by the number of shares of Common
      Stock issuable upon exercise of this Warrant immediately prior to such
      adjustment and dividing the product so obtained by the adjusted Exercise
      Price.

            (e) Consolidation, Merger or Sale. In case of any consolidation of
      the Company with, or merger of the Company into any other corporation, or
      in case of any sale or conveyance of all or substantially all of the
      assets of the Company other than in connection with a plan of complete
      liquidation of the Company, then as a condition of such consolidation,
      merger or sale or conveyance, adequate provision will be made whereby the
      holder of this Warrant will have the right to acquire and receive upon
      exercise of this Warrant in lieu of the shares of Common Stock immediately
      theretofore acquirable upon the exercise of this Warrant, such shares of
      stock, securities or assets as may be issued or payable with respect to or
      in exchange for the number of shares of Common Stock immediately
      theretofore acquirable and receivable upon exercise of this Warrant had
      such consolidation, merger or sale or conveyance not taken place. In any
      such case, the Company will make appropriate provision to insure that the
      provisions of this Paragraph 4 hereof will thereafter be applicable as
      nearly as may be in relation to any shares of stock or securities
      thereafter deliverable upon the exercise of this Warrant. The Company will
      not effect any consolidation, merger or sale or conveyance unless prior to
      the consummation thereof, the successor corporation (if other than the
      Company) assumes by written instrument the obligations under this
      Paragraph 4 and the obligations to deliver to the holder of this Warrant
      such shares of stock, securities or assets as, in accordance with the
      foregoing provisions, the holder may be entitled to acquire.

                                       6
<PAGE>

            (f) Distribution of Assets. In case the Company shall declare or
      make any distribution of its assets (including cash) to holders of Common
      Stock as a partial liquidating dividend, by way of return of capital or
      otherwise, then, after the date of record for determining shareholders
      entitled to such distribution, but prior to the date of distribution, the
      holder of this Warrant shall be entitled upon exercise of this Warrant for
      the purchase of any or all of the shares of Common Stock subject hereto,
      to receive the amount of such assets which would have been payable to the
      holder had such holder been the holder of such shares of Common Stock on
      the record date for the determination of shareholders entitled to such
      distribution.

            (g) Notice of Adjustment. Upon the occurrence of any event which
      requires any adjustment of the Exercise Price, then, and in each such
      case, the Company shall give notice thereof to the holder of this Warrant,
      which notice shall state the Exercise Price resulting from such adjustment
      and the increase or decrease in the number of Warrant Shares purchasable
      at such price upon exercise, setting forth in reasonable detail the method
      of calculation and the facts upon which such calculation is based. Such
      calculation shall be certified by the Chief Financial Officer of the
      Company.

            (h) Minimum Adjustment of Exercise Price. No adjustment of the
      Exercise Price shall be made in an amount of less than 1% of the Exercise
      Price in effect at the time such adjustment is otherwise required to be
      made, but any such lesser adjustment shall be carried forward and shall be
      made at the time and together with the next subsequent adjustment which,
      together with any adjustments so carried forward, shall amount to not less
      than 1% of such Exercise Price.

            (i) No Fractional Shares. No fractional shares of Common Stock are
      to be issued upon the exercise of this Warrant, but the Company shall pay
      a cash adjustment in respect of any fractional share which would otherwise
      be issuable in an amount equal to the same fraction of the Market Price of
      a share of Common Stock on the date of such exercise.

            (j) Other Notices. In case at any time:

                  (i) the Company shall declare any dividend upon the Common
            Stock payable in shares of stock of any class or make any other
            distribution (including dividends or distributions payable in cash
            out of retained earnings) to the holders of the Common Stock;

                  (ii) the Company shall offer for subscription pro rata to the
            holders of the Common Stock any additional shares of stock of any
            class or other rights;

                                       7
<PAGE>

                  (iii) there shall be any capital reorganization of the
            Company, or reclassification of the Common Stock, or consolidation
            or merger of the Company with or into, or sale of all or
            substantially all its assets to, another corporation or entity; or

                  (iv) there shall be a voluntary or involuntary dissolution,
            liquidation or winding up of the Company;

then, in each such case, the Company shall give to the holder of this Warrant
(a) notice of the date on which the books of the Company shall close or a record
shall be taken for determining the holders of Common Stock entitled to receive
any such dividend, distribution, or subscription rights or for determining the
holders of Common Stock entitled to vote in respect of any such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation or
winding-up and (b) in the case of any such reorganization, reclassification,
consolidation, merger, sale, dissolution, liquidation or winding-up, notice of
the date (or, if not then known, a reasonable approximation thereof by the
Company) when the same shall take place. Such notice shall also specify the date
on which the holders of Common Stock shall be entitled to receive such dividend,
distribution, or subscription rights or to exchange their Common Stock for stock
or other securities or property deliverable upon such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation, or
winding-up, as the case may be. Such notice shall be given at least 30 days
prior to the record date or the date on which the Company's books are closed in
respect thereto. Failure to give any such notice or any defect therein shall not
affect the validity of the proceedings referred to in clauses (i), (ii), (iii)
and (iv) above.

            (k) Certain Events. If any event occurs of the type contemplated by
      the adjustment provisions of this Paragraph 4 but not expressly provided
      for by such provisions, the Company will give notice of such event as
      provided in Paragraph 4(g) hereof, and the Company's Board of Directors
      will make an appropriate adjustment in the Exercise Price and the number
      of shares of Common Stock acquirable upon exercise of this Warrant so that
      the rights of the holder shall be neither enhanced nor diminished by such
      event.

            (l) Certain Definitions.

                  (i) "Common Stock Deemed Outstanding" shall mean the number of
            shares of Common Stock actually outstanding (not including shares of
            Common Stock held in the treasury of the Company), plus (x) pursuant
            to Paragraph 4(b)(i) hereof, the maximum total number of shares of
            Common Stock issuable upon the exercise of Options, as of the date
            of such issuance or grant of such Options, if any, and (y) pursuant
            to Paragraph 4(b)(ii) hereof, the maximum total number of shares of
            Common Stock issuable upon conversion or exchange of Convertible
            Securities, as of the date of issuance of such Convertible
            Securities, if any.

                  (ii) "Market Price," as of any date, (i) means the average of
            the last reported sale prices for the shares of Common Stock on the
            OTCBB for the five (5) Trading Days immediately preceding such date
            as reported by Bloomberg, or (ii) if the OTCBB is not the principal
            trading market for the shares of Common Stock, the average of the
            last reported sale prices on the principal trading market for the
            Common Stock during the same period as reported by Bloomberg, or
            (iii) if market value cannot be calculated as of such date on any of
            the foregoing bases, the Market Price shall be the fair market value
            as reasonably determined in good faith by (a) the Board of Directors
            of the Company or, at the option of a majority-in-interest of the
            holders of the outstanding Warrants by (b) an independent investment
            bank of nationally recognized standing in the valuation of
            businesses similar to the business of the corporation. The manner of
            determining the Market Price of the Common Stock set forth in the
            foregoing definition shall apply with respect to any other security
            in respect of which a determination as to market value must be made
            hereunder.

                                       8
<PAGE>

                  (iii) "Common Stock," for purposes of this Paragraph 4,
            includes the Common Stock, par value $.001 per share, and any
            additional class of stock of the Company having no preference as to
            dividends or distributions on liquidation, provided that the shares
            purchasable pursuant to this Warrant shall include only shares of
            Common Stock, par value $.001 per share, in respect of which this
            Warrant is exercisable, or shares resulting from any subdivision or
            combination of such Common Stock, or in the case of any
            reorganization, reclassification, consolidation, merger, or sale of
            the character referred to in Paragraph 4(e) hereof, the stock or
            other securities or property provided for in such Paragraph.

      5. Issue Tax.

      The issuance of certificates for Warrant Shares upon the exercise of this
Warrant shall be made without charge to the holder of this Warrant or such
shares for any issuance tax or other costs in respect thereof, provided that the
Company shall not be required to pay any tax which may be payable in respect of
any transfer involved in the issuance and delivery of any certificate in a name
other than the holder of this Warrant.

      6. No Rights or Liabilities as a Shareholder.

      This Warrant shall not entitle the holder hereof to any voting rights or
other rights as a shareholder of the Company. No provision of this Warrant, in
the absence of affirmative action by the holder hereof to purchase Warrant
Shares, and no mere enumeration herein of the rights or privileges of the holder
hereof, shall give rise to any liability of such holder for the Exercise Price
or as a shareholder of the Company, whether such liability is asserted by the
Company or by creditors of the Company.

      7. Transfer, Exchange, and Replacement of Warrant.

            (a) Restriction on Transfer. This Warrant and the rights granted to
      the holder hereof are transferable, in whole or in part, upon surrender of
      this Warrant, together with a properly executed assignment in the form
      attached hereto, at the office or agency of the Company referred to in
      Paragraph 7(e) below, provided, however, that any transfer or assignment
      shall be subject to the conditions set forth in Paragraph 7(f) hereof and
      to the applicable provisions of the Securities Purchase Agreement. Until
      due presentment for registration of transfer on the books of the Company,
      the Company may treat the registered holder hereof as the owner and holder
      hereof for all purposes, and the Company shall not be affected by any
      notice to the contrary. Notwithstanding anything to the contrary contained
      herein, the registration rights described in Paragraph 8 are assignable
      only in accordance with the provisions of that certain Registration Rights
      Agreement, dated September 12, 2006, by and among the Company and the
      other signatories thereto (the "Registration Rights Agreement").

            (b) Warrant Exchangeable for Different Denominations. This Warrant
      is exchangeable, upon the surrender hereof by the holder hereof at the
      office or agency of the Company referred to in Paragraph 7(e) below, for
      new Warrants of like tenor representing in the aggregate the right to
      purchase the number of shares of Common Stock which may be purchased
      hereunder, each of such new Warrants to represent the right to purchase
      such number of shares as shall be designated by the holder hereof at the
      time of such surrender.

                                       9
<PAGE>

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

            (d) Cancellation; Payment of Expenses. Upon the surrender of this
      Warrant in connection with any transfer, exchange, or replacement as
      provided in this Paragraph 7, this Warrant shall be promptly canceled by
      the Company. The Company shall pay all taxes (other than securities
      transfer taxes) and all other expenses (other than legal expenses, if any,
      incurred by the holder or transferees) and charges payable in connection
      with the preparation, execution, and delivery of Warrants pursuant to this
      Paragraph 7.

            (e) Register. The Company shall maintain, at its principal executive
      offices (or such other office or agency of the Company as it may designate
      by notice to the holder hereof), a register for this Warrant, in which the
      Company shall record the name and address of the person in whose name this
      Warrant has been issued, as well as the name and address of each
      transferee and each prior owner of this Warrant.

            (f) Exercise or Transfer Without Registration. If, at the time of
      the surrender of this Warrant in connection with any exercise, transfer,
      or exchange of this Warrant, this Warrant (or, in the case of any
      exercise, the Warrant Shares issuable hereunder), shall not be registered
      under the Securities Act of 1933, as amended (the "Securities Act") and
      under applicable state securities or blue sky laws, the Company may
      require, as a condition of allowing such exercise, transfer, or exchange,
      (i) that the holder or transferee of this Warrant, as the case may be,
      furnish to the Company a written opinion of counsel, which opinion and
      counsel are acceptable to the Company, to the effect that such exercise,
      transfer, or exchange may be made without registration under said Act and
      under applicable state securities or blue sky laws, (ii) that the holder
      or transferee execute and deliver to the Company an investment letter in
      form and substance acceptable to the Company and (iii) that the transferee
      be an "accredited investor" as defined in Rule 501(a) promulgated under
      the Securities Act; provided that no such opinion, letter or status as an
      "accredited investor" shall be required in connection with a transfer
      pursuant to Rule 144 under the Securities Act. The first holder of this
      Warrant, by taking and holding the same, represents to the Company that
      such holder is acquiring this Warrant for investment and not with a view
      to the distribution thereof.

      8. Registration Rights.

      The initial holder of this Warrant (and certain assignees thereof) is
entitled to the benefit of such registration rights in respect of the Warrant
Shares as are set forth in Section 2 of the Registration Rights Agreement.

                                       10
<PAGE>

      9. Notices.

      All notices, requests, and other communications required or permitted to
be given or delivered hereunder to the holder of this Warrant shall be in
writing, and shall be personally delivered, or shall be sent by certified or
registered mail or by recognized overnight mail courier, postage prepaid and
addressed, to such holder at the address shown for such holder on the books of
the Company, or at such other address as shall have been furnished to the
Company by notice from such holder. All notices, requests, and other
communications required or permitted to be given or delivered hereunder to the
Company shall be in writing, and shall be personally delivered, or shall be sent
by certified or registered mail or by recognized overnight mail courier, postage
prepaid and addressed, to the office of the Company at 125 Wilbur Place, Suite
120, Bohemia, NY 11716, Attention: Chief Executive Officer, or at such other
address as shall have been furnished to the holder of this Warrant by notice
from the Company. Any such notice, request, or other communication may be sent
by facsimile, but shall in such case be subsequently confirmed by a writing
personally delivered or sent by certified or registered mail or by recognized
overnight mail courier as provided above. All notices, requests, and other
communications shall be deemed to have been given either at the time of the
receipt thereof by the person entitled to receive such notice at the address of
such person for purposes of this Paragraph 9, or, if mailed by registered or
certified mail or with a recognized overnight mail courier upon deposit with the
United States Post Office or such overnight mail courier, if postage is prepaid
and the mailing is properly addressed, as the case may be.

      10. Governing Law.

      THIS WARRANT SHALL BE ENFORCED, GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE
PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD TO THE PRINCIPLES OF
CONFLICT OF LAWS. THE PARTIES HERETO HEREBY SUBMIT TO THE EXCLUSIVE JURISDICTION
OF THE UNITED STATES FEDERAL COURTS LOCATED IN NEW YORK, NEW YORK WITH RESPECT
TO ANY DISPUTE ARISING UNDER THIS WARRANT, THE AGREEMENTS ENTERED INTO IN
CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. BOTH
PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO THE
MAINTENANCE OF SUCH SUIT OR PROCEEDING. BOTH PARTIES FURTHER AGREE THAT SERVICE
OF PROCESS UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN EVERY
RESPECT EFFECTIVE SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR
PROCEEDING. NOTHING HEREIN SHALL AFFECT EITHER PARTY'S RIGHT TO SERVE PROCESS IN
ANY OTHER MANNER PERMITTED BY LAW. BOTH PARTIES AGREE THAT A FINAL
NON-APPEALABLE JUDGMENT IN ANY SUCH SUIT OR PROCEEDING SHALL BE CONCLUSIVE AND
MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON SUCH JUDGMENT OR IN ANY OTHER
LAWFUL MANNER. THE PARTY WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER
THIS WARRANT SHALL BE RESPONSIBLE FOR ALL FEES AND EXPENSES, INCLUDING
ATTORNEYS' FEES, INCURRED BY THE PREVAILING PARTY IN CONNECTION WITH SUCH
DISPUTE.

                                       11
<PAGE>

      11. Miscellaneous.

            (a) Amendments. This Warrant and any provision hereof may only be
      amended by an instrument in writing signed by the Company and the holder
      hereof.

            (b) Descriptive Headings. The descriptive headings of the several
      paragraphs of this Warrant are inserted for purposes of reference only,
      and shall not affect the meaning or construction of any of the provisions
      hereof.

            (c) Cashless Exercise. Notwithstanding anything to the contrary
      contained in this Warrant, if the resale of the Warrant Shares by the
      holder is not then registered pursuant to an effective registration
      statement under the Securities Act, this Warrant may be exercised by
      presentation and surrender of this Warrant to the Company at its principal
      executive offices with a written notice of the holder's intention to
      effect a cashless exercise, including a calculation of the number of
      shares of Common Stock to be issued upon such exercise in accordance with
      the terms hereof (a "Cashless Exercise"). In the event of a Cashless
      Exercise, in lieu of paying the Exercise Price in cash, the holder shall
      surrender this Warrant for that number of shares of Common Stock
      determined by multiplying the number of Warrant Shares to which it would
      otherwise be entitled by a fraction, the numerator of which shall be the
      difference between the then current Market Price per share of the Common
      Stock and the Exercise Price, and the denominator of which shall be the
      then current Market Price per share of Common Stock. For example, if the
      holder is exercising 100,000 Warrants with a per Warrant exercise price of
      $0.75 per share through a cashless exercise when the Common Stock's
      current Market Price per share is $2.00 per share, then upon such Cashless
      Exercise the holder will receive 62,500 shares of Common Stock.

            (d) Remedies. The Company acknowledges that a breach by it of its
      obligations hereunder will cause irreparable harm to the holder, by
      vitiating the intent and purpose of the transaction contemplated hereby.
      Accordingly, the Company acknowledges that the remedy at law for a breach
      of its obligations under this Warrant will be inadequate and agrees, in
      the event of a breach or threatened breach by the Company of the
      provisions of this Warrant, that the holder shall be entitled, in addition
      to all other available remedies at law or in equity, and in addition to
      the penalties assessable herein, to an injunction or injunctions
      restraining, preventing or curing any breach of this Warrant and to
      enforce specifically the terms and provisions thereof, without the
      necessity of showing economic loss and without any bond or other security
      being required.

                 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       12
<PAGE>

            IN WITNESS WHEREOF, the Company has caused this Warrant to be signed
by its duly authorized officer.

                                       ADVANCE BIOPHOTONICS INC.

                                       By: /s/ Denis A. O'Connor
                                           -----------------------
                                           Dennis A. O'Connor
                                           Chief Executive Officer

Dated as of September 12, 2006

                                       13
<PAGE>

                           FORM OF EXERCISE AGREEMENT

                                                      Dated:  ________ __, 200_

To:   ______________________

      The undersigned, pursuant to the provisions set forth in the within
Warrant, hereby agrees to purchase ________ shares of Common Stock covered by
such Warrant, and makes payment herewith in full therefor at the price per share
provided by such Warrant in cash or by certified or official bank check in the
amount of, or, if the resale of such Common Stock by the undersigned is not
currently registered pursuant to an effective registration statement under the
Securities Act of 1933, as amended, by surrender of securities issued by the
Company (including a portion of the Warrant) having a market value (in the case
of a portion of this Warrant, determined in accordance with Section 11(c) of the
Warrant) equal to $_________. Please issue a certificate or certificates for
such shares of Common Stock in the name of and pay any cash for any fractional
share to:

                                          Name:
                                                  ------------------------------

                                          Signature:
                                          Address:
                                                  ------------------------------

                                          Note:       The above signature
                                                      should correspond
                                                      exactly with the name
                                                      on the face of the
                                                      within Warrant, if
                                                      applicable.

and, if said number of shares of Common Stock shall not be all the shares
purchasable under the within Warrant, a new Warrant is to be issued in the name
of said undersigned covering the balance of the shares purchasable thereunder
less any fraction of a share paid in cash.

<PAGE>

                               FORM OF ASSIGNMENT

      FOR VALUE RECEIVED, the undersigned hereby sells, assigns, and transfers
all the rights of the undersigned under the within Warrant, with respect to the
number of shares of Common Stock covered thereby set forth hereinbelow, to:

Name of Assignee                     Address                        No of Shares
----------------                     -------                        ------------

, and hereby irrevocably constitutes and appoints ______________________________
as agent and attorney-in-fact to transfer said Warrant on the books of the
within-named corporation, with full power of substitution in the premises.

Dated:      ________ __, 200_

In the presence of:
                                           -----------------------------------

                                    Name:
                                           -----------------------------------

                                    Signature:
                                               -------------------------------
                                    Title of Signing Officer or Agent (if any):

                                                ------------------------------
                                    Address:
                                                ------------------------------

                                                ------------------------------

                                          Note: The above signature should
                                                correspond exactly with the
                                                name on the face of the
                                                within Warrant, if applicable.THIS WARRANT AND THE SHARES  ISSUABLE  UPON THE EXERCISE OF THIS
      WARRANT HAVE NOT BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF
      1933,  AS AMENDED.  EXCEPT AS OTHERWISE SET FORTH HEREIN OR IN A
      SECURITIES  PURCHASE  AGREEMENT  DATED AS OF SEPTEMBER 12, 2006,
      NEITHER  THIS  WARRANT  NOR  ANY OF  SUCH  SHARES  MAY BE  SOLD,
      TRANSFERRED   OR  ASSIGNED  IN  THE  ABSENCE  OF  AN   EFFECTIVE
      REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER SAID ACT OR, AN
      OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE,  CUSTOMARY FOR
      OPINIONS   OF   COUNSEL   IN   COMPARABLE   TRANSACTIONS,   THAT
      REGISTRATION  IS NOT  REQUIRED  UNDER  SUCH ACT OR  UNLESS  SOLD
      PURSUANT TO RULE 144 OR REGULATION S UNDER SUCH ACT.

                                                                  Right to
                                                                  Purchase
                                                                  1,800,000
                                                                  Shares of
                                                                  Common Stock,
                                                                  par value
                                                                  $.001 per
                                                                  share

                             STOCK PURCHASE WARRANT

      THIS CERTIFIES THAT, for value received, AJW Partners, LLC or its
registered assigns, is entitled to purchase from Advanced Biophotonics Inc., a
Delaware corporation (the "Company"), at any time or from time to time during
the period specified in Paragraph 2 hereof, 1,800,000 fully paid and
nonassessable shares of the Company's Common Stock, par value $.001 per share
(the "Common Stock"), at an exercise price per share equal to $.30 (the
"Exercise Price"). The term "Warrant Shares," as used herein, refers to the
shares of Common Stock purchasable hereunder. The Warrant Shares and the
Exercise Price are subject to adjustment as provided in Paragraph 4 hereof. The
term "Warrants" means this Warrant and the other warrants issued pursuant to
that certain Securities Purchase Agreement, dated September 12, 2006, by and
among the Company and the Buyers listed on the execution page thereof (the
"Securities Purchase Agreement").

      This Warrant is subject to the following terms, provisions, and
conditions:

<PAGE>

      1. Manner of Exercise; Issuance of Certificates; Payment for Shares.

      Subject to the provisions hereof, this Warrant may be exercised by the
holder hereof, in whole or in part, by the surrender of this Warrant, together
with a completed exercise agreement in the form attached hereto (the "Exercise
Agreement"), to the Company during normal business hours on any business day at
the Company's principal executive offices (or such other office or agency of the
Company as it may designate by notice to the holder hereof), and upon (i)
payment to the Company in cash, by certified or official bank check or by wire
transfer for the account of the Company of the Exercise Price for the Warrant
Shares specified in the Exercise Agreement or (ii) if the resale of the Warrant
Shares by the holder is not then registered pursuant to an effective
registration statement under the Securities Act of 1933, as amended (the
"Securities Act"), delivery to the Company of a written notice of an election to
effect a "Cashless Exercise" (as defined in Section 11(c) below) for the Warrant
Shares specified in the Exercise Agreement. The Warrant Shares so purchased
shall be deemed to be issued to the holder hereof or such holder's designee, as
the record owner of such shares, as of the close of business on the date on
which this Warrant shall have been surrendered, the completed Exercise Agreement
shall have been delivered, and payment shall have been made for such shares as
set forth above. Certificates for the Warrant Shares so purchased, representing
the aggregate number of shares specified in the Exercise Agreement, shall be
delivered to the holder hereof within a reasonable time, not exceeding five (5)
business days, after this Warrant shall have been so exercised. The certificates
so delivered shall be in such denominations as may be requested by the holder
hereof and shall be registered in the name of such holder or such other name as
shall be designated by such holder. If this Warrant shall have been exercised
only in part, then, unless this Warrant has expired, the Company shall, at its
expense, at the time of delivery of such certificates, deliver to the holder a
new Warrant representing the number of shares with respect to which this Warrant
shall not then have been exercised. In addition to all other available remedies
at law or in equity, if the Company fails to deliver certificates for the
Warrant Shares within five (5) business days after this Warrant is exercised,
then the Company shall pay to the holder in cash a penalty (the "Penalty") equal
to 2% of the number of Warrant Shares that the holder is entitled to multiplied
by the Market Price (as hereinafter defined) for each day that the Company fails
to deliver certificates for the Warrant Shares. For example, if the holder is
entitled to 100,000 Warrant Shares and the Market Price is $2.00, then the
Company shall pay to the holder $4,000 for each day that the Company fails to
deliver certificates for the Warrant Shares. The Penalty shall be paid to the
holder by the fifth day of the month following the month in which it has
accrued.

      Notwithstanding anything in this Warrant to the contrary, in no event
shall the holder of this Warrant be entitled to exercise a number of Warrants
(or portions thereof) in excess of the number of Warrants (or portions thereof)
upon exercise of which the sum of (i) the number of shares of Common Stock
beneficially owned by the holder and its affiliates (other than shares of Common
Stock which may be deemed beneficially owned through the ownership of the
unexercised Warrants and the unexercised or unconverted portion of any other
securities of the Company (including the Notes (as defined in the Securities
Purchase Agreement)) subject to a limitation on conversion or exercise analogous
to the limitation contained herein) and (ii) the number of shares of Common
Stock issuable upon exercise of the Warrants (or portions thereof) with respect
to which the determination described herein is being made, would result in
beneficial ownership by the holder and its affiliates of more than 4.9% of the
outstanding shares of Common Stock. For purposes of the immediately preceding
sentence, beneficial ownership shall be determined in accordance with Section
13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13D-G
thereunder, except as otherwise provided in clause (i) of the preceding
sentence. Notwithstanding anything to the contrary contained herein, the
limitation on exercise of this Warrant set forth herein may not be amended
without (i) the written consent of the holder hereof and the Company and (ii)
the approval of a majority of shareholders of the Company.

                                       2
<PAGE>

      2. Period of Exercise.

      This Warrant is exercisable at any time or from time to time on or after
the date on which this Warrant is issued and delivered pursuant to the terms of
the Securities Purchase Agreement and before 6:00 p.m., New York, New York time
on the seventh (7th) anniversary of the date of issuance (the "Exercise
Period").

      3. Certain Agreements of the Company.

      The Company hereby covenants and agrees as follows:

            (a) Shares to be Fully Paid. Subject to Stockholder Approval (as
      such term is defined in Section 4(n) of the Securities Purchase
      Agreement), all Warrant Shares will, upon issuance in accordance with the
      terms of this Warrant, be validly issued, fully paid, and nonassessable
      and free from all taxes, liens, and charges with respect to the issue
      thereof.

            (b) Reservation of Shares. Subject to Stockholder Approval (as such
      term is defined in Section 4(n) of the Securities Purchase Agreement),
      during the Exercise Period, the Company shall at all times have
      authorized, and reserved for the purpose of issuance upon exercise of this
      Warrant, a sufficient number of shares of Common Stock to provide for the
      exercise of this Warrant.

            (c) Listing. The Company shall promptly secure the listing of the
      shares of Common Stock issuable upon exercise of the Warrant upon each
      national securities exchange or automated quotation system, if any, upon
      which shares of Common Stock are then listed (subject to official notice
      of issuance upon exercise of this Warrant) and shall maintain, so long as
      any other shares of Common Stock shall be so listed, such listing of all
      shares of Common Stock from time to time issuable upon the exercise of
      this Warrant; and the Company shall so list on each national securities
      exchange or automated quotation system, as the case may be, and shall
      maintain such listing of, any other shares of capital stock of the Company
      issuable upon the exercise of this Warrant if and so long as any shares of
      the same class shall be listed on such national securities exchange or
      automated quotation system.

            (d) Certain Actions Prohibited. The Company will not, by amendment
      of its charter or through any reorganization, transfer of assets,
      consolidation, merger, dissolution, issue or sale of securities, or any
      other voluntary action, avoid or seek to avoid the observance or
      performance of any of the terms to be observed or performed by it
      hereunder, but will at all times in good faith assist in the carrying out
      of all the provisions of this Warrant and in the taking of all such action
      as may reasonably be requested by the holder of this Warrant in order to
      protect the exercise privilege of the holder of this Warrant against
      dilution or other impairment, consistent with the tenor and purpose of
      this Warrant. Without limiting the generality of the foregoing, the
      Company (i) will not increase the par value of any shares of Common Stock
      receivable upon the exercise of this Warrant above the Exercise Price then
      in effect, and (ii) will take all such actions as may be necessary or
      appropriate in order that the Company may validly and legally issue fully
      paid and nonassessable shares of Common Stock upon the exercise of this
      Warrant.

            (e) Successors and Assigns. This Warrant will be binding upon any
      entity succeeding to the Company by merger, consolidation, or acquisition
      of all or substantially all the Company's assets.

                                       3
<PAGE>

      4. Antidilution Provisions.

      During the Exercise Period, the Exercise Price and the number of Warrant
Shares shall be subject to adjustment from time to time as provided in this
Paragraph 4.

      In the event that any adjustment of the Exercise Price as required herein
results in a fraction of a cent, such Exercise Price shall be rounded up to the
nearest cent.

            (a) Adjustment of Exercise Price and Number of Shares upon Issuance
      of Common Stock. Except as otherwise provided in Paragraphs 4(c) and 4(e)
      hereof, if and whenever on or after the date of issuance of this Warrant,
      the Company issues or sells, or in accordance with Paragraph 4(b) hereof
      is deemed to have issued or sold, any shares of Common Stock for no
      consideration or for a consideration per share (before deduction of
      reasonable expenses or commissions or underwriting discounts or allowances
      in connection therewith) less than the Market Price on the date of
      issuance (a "Dilutive Issuance"), then immediately upon the Dilutive
      Issuance, the Exercise Price will be reduced to a price determined by
      multiplying the Exercise Price in effect immediately prior to the Dilutive
      Issuance by a fraction, (i) the numerator of which is an amount equal to
      the sum of (x) the number of shares of Common Stock actually outstanding
      immediately prior to the Dilutive Issuance, plus (y) the quotient of the
      aggregate consideration, calculated as set forth in Paragraph 4(b) hereof,
      received by the Company upon such Dilutive Issuance divided by the Market
      Price in effect immediately prior to the Dilutive Issuance, and (ii) the
      denominator of which is the total number of shares of Common Stock Deemed
      Outstanding (as defined below) immediately after the Dilutive Issuance.

            (b) Effect on Exercise Price of Certain Events. For purposes of
      determining the adjusted Exercise Price under Paragraph 4(a) hereof, the
      following will be applicable:

                  (i) Issuance of Rights or Options. If the Company in any
            manner issues or grants any warrants, rights or options, whether or
            not immediately exercisable, to subscribe for or to purchase Common
            Stock or other securities convertible into or exchangeable for
            Common Stock ("Convertible Securities") (such warrants, rights and
            options to purchase Common Stock or Convertible Securities are
            hereinafter referred to as "Options") and the price per share for
            which Common Stock is issuable upon the exercise of such Options is
            less than the Market Price on the date of issuance or grant of such
            Options, then the maximum total number of shares of Common Stock
            issuable upon the exercise of all such Options will, as of the date
            of the issuance or grant of such Options, be deemed to be
            outstanding and to have been issued and sold by the Company for such
            price per share. For purposes of the preceding sentence, the "price
            per share for which Common Stock is issuable upon the exercise of
            such Options" is determined by dividing (i) the total amount, if
            any, received or receivable by the Company as consideration for the
            issuance or granting of all such Options, plus the minimum aggregate
            amount of additional consideration, if any, payable to the Company
            upon the exercise of all such Options, plus, in the case of
            Convertible Securities issuable upon the exercise of such Options,
            the minimum aggregate amount of additional consideration payable
            upon the conversion or exchange thereof at the time such Convertible
            Securities first become convertible or exchangeable, by (ii) the
            maximum total number of shares of Common Stock issuable upon the
            exercise of all such Options (assuming full conversion of
            Convertible Securities, if applicable). No further adjustment to the
            Exercise Price will be made upon the actual issuance of such Common
            Stock upon the exercise of such Options or upon the conversion or
            exchange of Convertible Securities issuable upon exercise of such
            Options.

                                       4
<PAGE>

                  (ii) Issuance of Convertible Securities. If the Company in any
            manner issues or sells any Convertible Securities, whether or not
            immediately convertible (other than where the same are issuable upon
            the exercise of Options) and the price per share for which Common
            Stock is issuable upon such conversion or exchange is less than the
            Market Price on the date of issuance, then the maximum total number
            of shares of Common Stock issuable upon the conversion or exchange
            of all such Convertible Securities will, as of the date of the
            issuance of such Convertible Securities, be deemed to be outstanding
            and to have been issued and sold by the Company for such price per
            share. For the purposes of the preceding sentence, the "price per
            share for which Common Stock is issuable upon such conversion or
            exchange" is determined by dividing (i) the total amount, if any,
            received or receivable by the Company as consideration for the
            issuance or sale of all such Convertible Securities, plus the
            minimum aggregate amount of additional consideration, if any,
            payable to the Company upon the conversion or exchange thereof at
            the time such Convertible Securities first become convertible or
            exchangeable, by (ii) the maximum total number of shares of Common
            Stock issuable upon the conversion or exchange of all such
            Convertible Securities. No further adjustment to the Exercise Price
            will be made upon the actual issuance of such Common Stock upon
            conversion or exchange of such Convertible Securities.

                  (iii) Change in Option Price or Conversion Rate. If there is a
            change at any time in (i) the amount of additional consideration
            payable to the Company upon the exercise of any Options; (ii) the
            amount of additional consideration, if any, payable to the Company
            upon the conversion or exchange of any Convertible Securities; or
            (iii) the rate at which any Convertible Securities are convertible
            into or exchangeable for Common Stock (other than under or by reason
            of provisions designed to protect against dilution), the Exercise
            Price in effect at the time of such change will be readjusted to the
            Exercise Price which would have been in effect at such time had such
            Options or Convertible Securities still outstanding provided for
            such changed additional consideration or changed conversion rate, as
            the case may be, at the time initially granted, issued or sold.

                  (iv) Treatment of Expired Options and Unexercised Convertible
            Securities. If, in any case, the total number of shares of Common
            Stock issuable upon exercise of any Option or upon conversion or
            exchange of any Convertible Securities is not, in fact, issued and
            the rights to exercise such Option or to convert or exchange such
            Convertible Securities shall have expired or terminated, the
            Exercise Price then in effect will be readjusted to the Exercise
            Price which would have been in effect at the time of such expiration
            or termination had such Option or Convertible Securities, to the
            extent outstanding immediately prior to such expiration or
            termination (other than in respect of the actual number of shares of
            Common Stock issued upon exercise or conversion thereof), never been
            issued.

                  (v) Calculation of Consideration Received. If any Common
            Stock, Options or Convertible Securities are issued, granted or sold
            for cash, the consideration received therefor for purposes of this
            Warrant will be the amount received by the Company therefor, before
            deduction of reasonable commissions, underwriting discounts or
            allowances or other reasonable expenses paid or incurred by the
            Company in connection with such issuance, grant or sale. In case any
            Common Stock, Options or Convertible Securities are issued or sold
            for a consideration part or all of which shall be other than cash,
            the amount of the consideration other than cash received by the
            Company will be the fair value of such consideration, except where
            such consideration consists of securities, in which case the amount
            of consideration received by the Company will be the Market Price
            thereof as of the date of receipt. In case any Common Stock, Options
            or Convertible Securities are issued in connection with any
            acquisition, merger or consolidation in which the Company is the
            surviving corporation, the amount of consideration therefor will be
            deemed to be the fair value of such portion of the net assets and
            business of the non-surviving corporation as is attributable to such
            Common Stock, Options or Convertible Securities, as the case may be.
            The fair value of any consideration other than cash or securities
            will be determined in good faith by the Board of Directors of the
            Company.

                                       5
<PAGE>

                  (vi) Exceptions to Adjustment of Exercise Price. No adjustment
            to the Exercise Price will be made (i) upon the exercise of any
            warrants, options or convertible securities granted, issued and
            outstanding on the date of issuance of this Warrant; (ii) upon the
            grant or exercise of any stock or options which may hereafter be
            granted or exercised under any employee benefit plan, stock option
            plan or restricted stock plan of the Company now existing or to be
            implemented in the future, so long as the issuance of such stock or
            options is approved by a majority of the independent members of the
            Board of Directors of the Company or a majority of the members of a
            committee of independent directors established for such purpose; or
            (iii) upon the exercise of the Warrants.

            (c) Subdivision or Combination of Common Stock. If the Company at
      any time subdivides (by any stock split, stock dividend, recapitalization,
      reorganization, reclassification or otherwise) the shares of Common Stock
      acquirable hereunder into a greater number of shares, then, after the date
      of record for effecting such subdivision, the Exercise Price in effect
      immediately prior to such subdivision will be proportionately reduced. If
      the Company at any time combines (by reverse stock split,
      recapitalization, reorganization, reclassification or otherwise) the
      shares of Common Stock acquirable hereunder into a smaller number of
      shares, then, after the date of record for effecting such combination, the
      Exercise Price in effect immediately prior to such combination will be
      proportionately increased.

            (d) Adjustment in Number of Shares. Upon each adjustment of the
      Exercise Price pursuant to the provisions of this Paragraph 4, the number
      of shares of Common Stock issuable upon exercise of this Warrant shall be
      adjusted by multiplying a number equal to the Exercise Price in effect
      immediately prior to such adjustment by the number of shares of Common
      Stock issuable upon exercise of this Warrant immediately prior to such
      adjustment and dividing the product so obtained by the adjusted Exercise
      Price.

            (e) Consolidation, Merger or Sale. In case of any consolidation of
      the Company with, or merger of the Company into any other corporation, or
      in case of any sale or conveyance of all or substantially all of the
      assets of the Company other than in connection with a plan of complete
      liquidation of the Company, then as a condition of such consolidation,
      merger or sale or conveyance, adequate provision will be made whereby the
      holder of this Warrant will have the right to acquire and receive upon
      exercise of this Warrant in lieu of the shares of Common Stock immediately
      theretofore acquirable upon the exercise of this Warrant, such shares of
      stock, securities or assets as may be issued or payable with respect to or
      in exchange for the number of shares of Common Stock immediately
      theretofore acquirable and receivable upon exercise of this Warrant had
      such consolidation, merger or sale or conveyance not taken place. In any
      such case, the Company will make appropriate provision to insure that the
      provisions of this Paragraph 4 hereof will thereafter be applicable as
      nearly as may be in relation to any shares of stock or securities
      thereafter deliverable upon the exercise of this Warrant. The Company will
      not effect any consolidation, merger or sale or conveyance unless prior to
      the consummation thereof, the successor corporation (if other than the
      Company) assumes by written instrument the obligations under this
      Paragraph 4 and the obligations to deliver to the holder of this Warrant
      such shares of stock, securities or assets as, in accordance with the
      foregoing provisions, the holder may be entitled to acquire.

                                       6
<PAGE>

            (f) Distribution of Assets. In case the Company shall declare or
      make any distribution of its assets (including cash) to holders of Common
      Stock as a partial liquidating dividend, by way of return of capital or
      otherwise, then, after the date of record for determining shareholders
      entitled to such distribution, but prior to the date of distribution, the
      holder of this Warrant shall be entitled upon exercise of this Warrant for
      the purchase of any or all of the shares of Common Stock subject hereto,
      to receive the amount of such assets which would have been payable to the
      holder had such holder been the holder of such shares of Common Stock on
      the record date for the determination of shareholders entitled to such
      distribution.

            (g) Notice of Adjustment. Upon the occurrence of any event which
      requires any adjustment of the Exercise Price, then, and in each such
      case, the Company shall give notice thereof to the holder of this Warrant,
      which notice shall state the Exercise Price resulting from such adjustment
      and the increase or decrease in the number of Warrant Shares purchasable
      at such price upon exercise, setting forth in reasonable detail the method
      of calculation and the facts upon which such calculation is based. Such
      calculation shall be certified by the Chief Financial Officer of the
      Company.

            (h) Minimum Adjustment of Exercise Price. No adjustment of the
      Exercise Price shall be made in an amount of less than 1% of the Exercise
      Price in effect at the time such adjustment is otherwise required to be
      made, but any such lesser adjustment shall be carried forward and shall be
      made at the time and together with the next subsequent adjustment which,
      together with any adjustments so carried forward, shall amount to not less
      than 1% of such Exercise Price.

            (i) No Fractional Shares. No fractional shares of Common Stock are
      to be issued upon the exercise of this Warrant, but the Company shall pay
      a cash adjustment in respect of any fractional share which would otherwise
      be issuable in an amount equal to the same fraction of the Market Price of
      a share of Common Stock on the date of such exercise.

            (j) Other Notices. In case at any time:

                  (i) the Company shall declare any dividend upon the Common
            Stock payable in shares of stock of any class or make any other
            distribution (including dividends or distributions payable in cash
            out of retained earnings) to the holders of the Common Stock;

                  (ii) the Company shall offer for subscription pro rata to the
            holders of the Common Stock any additional shares of stock of any
            class or other rights;

                                       7
<PAGE>

                  (iii) there shall be any capital reorganization of the
            Company, or reclassification of the Common Stock, or consolidation
            or merger of the Company with or into, or sale of all or
            substantially all its assets to, another corporation or entity; or

                  (iv) there shall be a voluntary or involuntary dissolution,
            liquidation or winding up of the Company;

then, in each such case, the Company shall give to the holder of this Warrant
(a) notice of the date on which the books of the Company shall close or a record
shall be taken for determining the holders of Common Stock entitled to receive
any such dividend, distribution, or subscription rights or for determining the
holders of Common Stock entitled to vote in respect of any such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation or
winding-up and (b) in the case of any such reorganization, reclassification,
consolidation, merger, sale, dissolution, liquidation or winding-up, notice of
the date (or, if not then known, a reasonable approximation thereof by the
Company) when the same shall take place. Such notice shall also specify the date
on which the holders of Common Stock shall be entitled to receive such dividend,
distribution, or subscription rights or to exchange their Common Stock for stock
or other securities or property deliverable upon such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation, or
winding-up, as the case may be. Such notice shall be given at least 30 days
prior to the record date or the date on which the Company's books are closed in
respect thereto. Failure to give any such notice or any defect therein shall not
affect the validity of the proceedings referred to in clauses (i), (ii), (iii)
and (iv) above.

            (k) Certain Events. If any event occurs of the type contemplated by
      the adjustment provisions of this Paragraph 4 but not expressly provided
      for by such provisions, the Company will give notice of such event as
      provided in Paragraph 4(g) hereof, and the Company's Board of Directors
      will make an appropriate adjustment in the Exercise Price and the number
      of shares of Common Stock acquirable upon exercise of this Warrant so that
      the rights of the holder shall be neither enhanced nor diminished by such
      event.

            (l) Certain Definitions.

                  (i) "Common Stock Deemed Outstanding" shall mean the number of
            shares of Common Stock actually outstanding (not including shares of
            Common Stock held in the treasury of the Company), plus (x) pursuant
            to Paragraph 4(b)(i) hereof, the maximum total number of shares of
            Common Stock issuable upon the exercise of Options, as of the date
            of such issuance or grant of such Options, if any, and (y) pursuant
            to Paragraph 4(b)(ii) hereof, the maximum total number of shares of
            Common Stock issuable upon conversion or exchange of Convertible
            Securities, as of the date of issuance of such Convertible
            Securities, if any.

                  (ii) "Market Price," as of any date, (i) means the average of
            the last reported sale prices for the shares of Common Stock on the
            OTCBB for the five (5) Trading Days immediately preceding such date
            as reported by Bloomberg, or (ii) if the OTCBB is not the principal
            trading market for the shares of Common Stock, the average of the
            last reported sale prices on the principal trading market for the
            Common Stock during the same period as reported by Bloomberg, or
            (iii) if market value cannot be calculated as of such date on any of
            the foregoing bases, the Market Price shall be the fair market value
            as reasonably determined in good faith by (a) the Board of Directors
            of the Company or, at the option of a majority-in-interest of the
            holders of the outstanding Warrants by (b) an independent investment
            bank of nationally recognized standing in the valuation of
            businesses similar to the business of the corporation. The manner of
            determining the Market Price of the Common Stock set forth in the
            foregoing definition shall apply with respect to any other security
            in respect of which a determination as to market value must be made
            hereunder.

                                       8
<PAGE>

                  (iii) "Common Stock," for purposes of this Paragraph 4,
            includes the Common Stock, par value $.001 per share, and any
            additional class of stock of the Company having no preference as to
            dividends or distributions on liquidation, provided that the shares
            purchasable pursuant to this Warrant shall include only shares of
            Common Stock, par value $.001 per share, in respect of which this
            Warrant is exercisable, or shares resulting from any subdivision or
            combination of such Common Stock, or in the case of any
            reorganization, reclassification, consolidation, merger, or sale of
            the character referred to in Paragraph 4(e) hereof, the stock or
            other securities or property provided for in such Paragraph.

      5. Issue Tax.

      The issuance of certificates for Warrant Shares upon the exercise of this
Warrant shall be made without charge to the holder of this Warrant or such
shares for any issuance tax or other costs in respect thereof, provided that the
Company shall not be required to pay any tax which may be payable in respect of
any transfer involved in the issuance and delivery of any certificate in a name
other than the holder of this Warrant.

      6. No Rights or Liabilities as a Shareholder.

      This Warrant shall not entitle the holder hereof to any voting rights or
other rights as a shareholder of the Company. No provision of this Warrant, in
the absence of affirmative action by the holder hereof to purchase Warrant
Shares, and no mere enumeration herein of the rights or privileges of the holder
hereof, shall give rise to any liability of such holder for the Exercise Price
or as a shareholder of the Company, whether such liability is asserted by the
Company or by creditors of the Company.

      7. Transfer, Exchange, and Replacement of Warrant.

            (a) Restriction on Transfer. This Warrant and the rights granted to
      the holder hereof are transferable, in whole or in part, upon surrender of
      this Warrant, together with a properly executed assignment in the form
      attached hereto, at the office or agency of the Company referred to in
      Paragraph 7(e) below, provided, however, that any transfer or assignment
      shall be subject to the conditions set forth in Paragraph 7(f) hereof and
      to the applicable provisions of the Securities Purchase Agreement. Until
      due presentment for registration of transfer on the books of the Company,
      the Company may treat the registered holder hereof as the owner and holder
      hereof for all purposes, and the Company shall not be affected by any
      notice to the contrary. Notwithstanding anything to the contrary contained
      herein, the registration rights described in Paragraph 8 are assignable
      only in accordance with the provisions of that certain Registration Rights
      Agreement, dated September 12, 2006, by and among the Company and the
      other signatories thereto (the "Registration Rights Agreement").

            (b) Warrant Exchangeable for Different Denominations. This Warrant
      is exchangeable, upon the surrender hereof by the holder hereof at the
      office or agency of the Company referred to in Paragraph 7(e) below, for
      new Warrants of like tenor representing in the aggregate the right to
      purchase the number of shares of Common Stock which may be purchased
      hereunder, each of such new Warrants to represent the right to purchase
      such number of shares as shall be designated by the holder hereof at the
      time of such surrender.

                                       9
<PAGE>

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

            (d) Cancellation; Payment of Expenses. Upon the surrender of this
      Warrant in connection with any transfer, exchange, or replacement as
      provided in this Paragraph 7, this Warrant shall be promptly canceled by
      the Company. The Company shall pay all taxes (other than securities
      transfer taxes) and all other expenses (other than legal expenses, if any,
      incurred by the holder or transferees) and charges payable in connection
      with the preparation, execution, and delivery of Warrants pursuant to this
      Paragraph 7.

            (e) Register. The Company shall maintain, at its principal executive
      offices (or such other office or agency of the Company as it may designate
      by notice to the holder hereof), a register for this Warrant, in which the
      Company shall record the name and address of the person in whose name this
      Warrant has been issued, as well as the name and address of each
      transferee and each prior owner of this Warrant.

            (f) Exercise or Transfer Without Registration. If, at the time of
      the surrender of this Warrant in connection with any exercise, transfer,
      or exchange of this Warrant, this Warrant (or, in the case of any
      exercise, the Warrant Shares issuable hereunder), shall not be registered
      under the Securities Act of 1933, as amended (the "Securities Act") and
      under applicable state securities or blue sky laws, the Company may
      require, as a condition of allowing such exercise, transfer, or exchange,
      (i) that the holder or transferee of this Warrant, as the case may be,
      furnish to the Company a written opinion of counsel, which opinion and
      counsel are acceptable to the Company, to the effect that such exercise,
      transfer, or exchange may be made without registration under said Act and
      under applicable state securities or blue sky laws, (ii) that the holder
      or transferee execute and deliver to the Company an investment letter in
      form and substance acceptable to the Company and (iii) that the transferee
      be an "accredited investor" as defined in Rule 501(a) promulgated under
      the Securities Act; provided that no such opinion, letter or status as an
      "accredited investor" shall be required in connection with a transfer
      pursuant to Rule 144 under the Securities Act. The first holder of this
      Warrant, by taking and holding the same, represents to the Company that
      such holder is acquiring this Warrant for investment and not with a view
      to the distribution thereof.

      8. Registration Rights.

      The initial holder of this Warrant (and certain assignees thereof) is
entitled to the benefit of such registration rights in respect of the Warrant
Shares as are set forth in Section 2 of the Registration Rights Agreement.

                                       10
<PAGE>

      9. Notices.

      All notices, requests, and other communications required or permitted to
be given or delivered hereunder to the holder of this Warrant shall be in
writing, and shall be personally delivered, or shall be sent by certified or
registered mail or by recognized overnight mail courier, postage prepaid and
addressed, to such holder at the address shown for such holder on the books of
the Company, or at such other address as shall have been furnished to the
Company by notice from such holder. All notices, requests, and other
communications required or permitted to be given or delivered hereunder to the
Company shall be in writing, and shall be personally delivered, or shall be sent
by certified or registered mail or by recognized overnight mail courier, postage
prepaid and addressed, to the office of the Company at 125 Wilbur Place, Suite
120, Bohemia, NY 11716, Attention: Chief Executive Officer, or at such other
address as shall have been furnished to the holder of this Warrant by notice
from the Company. Any such notice, request, or other communication may be sent
by facsimile, but shall in such case be subsequently confirmed by a writing
personally delivered or sent by certified or registered mail or by recognized
overnight mail courier as provided above. All notices, requests, and other
communications shall be deemed to have been given either at the time of the
receipt thereof by the person entitled to receive such notice at the address of
such person for purposes of this Paragraph 9, or, if mailed by registered or
certified mail or with a recognized overnight mail courier upon deposit with the
United States Post Office or such overnight mail courier, if postage is prepaid
and the mailing is properly addressed, as the case may be.

      10. Governing Law.

      THIS WARRANT SHALL BE ENFORCED, GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE
PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD TO THE PRINCIPLES OF
CONFLICT OF LAWS. THE PARTIES HERETO HEREBY SUBMIT TO THE EXCLUSIVE JURISDICTION
OF THE UNITED STATES FEDERAL COURTS LOCATED IN NEW YORK, NEW YORK WITH RESPECT
TO ANY DISPUTE ARISING UNDER THIS WARRANT, THE AGREEMENTS ENTERED INTO IN
CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. BOTH
PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO THE
MAINTENANCE OF SUCH SUIT OR PROCEEDING. BOTH PARTIES FURTHER AGREE THAT SERVICE
OF PROCESS UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN EVERY
RESPECT EFFECTIVE SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR
PROCEEDING. NOTHING HEREIN SHALL AFFECT EITHER PARTY'S RIGHT TO SERVE PROCESS IN
ANY OTHER MANNER PERMITTED BY LAW. BOTH PARTIES AGREE THAT A FINAL
NON-APPEALABLE JUDGMENT IN ANY SUCH SUIT OR PROCEEDING SHALL BE CONCLUSIVE AND
MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON SUCH JUDGMENT OR IN ANY OTHER
LAWFUL MANNER. THE PARTY WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER
THIS WARRANT SHALL BE RESPONSIBLE FOR ALL FEES AND EXPENSES, INCLUDING
ATTORNEYS' FEES, INCURRED BY THE PREVAILING PARTY IN CONNECTION WITH SUCH
DISPUTE.

                                       11
<PAGE>

11. Miscellaneous.

(a) Amendments. This Warrant and any provision hereof may only be amended by an
instrument in writing signed by the Company and the holder hereof.

(b) Descriptive Headings. The descriptive headings of the several paragraphs of
this Warrant are inserted for purposes of reference only, and shall not affect
the meaning or construction of any of the provisions hereof.

(c) Cashless Exercise. Notwithstanding anything to the contrary contained in
this Warrant, if the resale of the Warrant Shares by the holder is not then
registered pursuant to an effective registration statement under the Securities
Act, this Warrant may be exercised by presentation and surrender of this Warrant
to the Company at its principal executive offices with a written notice of the
holder's intention to effect a cashless exercise, including a calculation of the
number of shares of Common Stock to be issued upon such exercise in accordance
with the terms hereof (a "Cashless Exercise"). In the event of a Cashless
Exercise, in lieu of paying the Exercise Price in cash, the holder shall
surrender this Warrant for that number of shares of Common Stock determined by
multiplying the number of Warrant Shares to which it would otherwise be entitled
by a fraction, the numerator of which shall be the difference between the then
current Market Price per share of the Common Stock and the Exercise Price, and
the denominator of which shall be the then current Market Price per share of
Common Stock. For example, if the holder is exercising 100,000 Warrants with a
per Warrant exercise price of $0.75 per share through a cashless exercise when
the Common Stock's current Market Price per share is $2.00 per share, then upon
such Cashless Exercise the holder will receive 62,500 shares of Common Stock.

(d) Remedies. The Company acknowledges that a breach by it of its obligations
hereunder will cause irreparable harm to the holder, by vitiating the intent and
purpose of the transaction contemplated hereby. Accordingly, the Company
acknowledges that the remedy at law for a breach of its obligations under this
Warrant will be inadequate and agrees, in the event of a breach or threatened
breach by the Company of the provisions of this Warrant, that the holder shall
be entitled, in addition to all other available remedies at law or in equity,
and in addition to the penalties assessable herein, to an injunction or
injunctions restraining, preventing or curing any breach of this Warrant and to
enforce specifically the terms and provisions thereof, without the necessity of
showing economic loss and without any bond or other security being required.

                 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       12
<PAGE>

            IN WITNESS WHEREOF, the Company has caused this Warrant to be signed
by its duly authorized officer.

                                       ADVANCE BIOPHOTONICS INC.

                                       By: /s/Denis A. O'Connor
                                           -----------------------
                                           Dennis A. O'Connor
                                           Chief Executive Officer

Dated as of September 12, 2006

                                       13
<PAGE>

                           FORM OF EXERCISE AGREEMENT

                                                      Dated:  ________ __, 200_

To:   ______________________

      The undersigned, pursuant to the provisions set forth in the within
Warrant, hereby agrees to purchase ________ shares of Common Stock covered by
such Warrant, and makes payment herewith in full therefor at the price per share
provided by such Warrant in cash or by certified or official bank check in the
amount of, or, if the resale of such Common Stock by the undersigned is not
currently registered pursuant to an effective registration statement under the
Securities Act of 1933, as amended, by surrender of securities issued by the
Company (including a portion of the Warrant) having a market value (in the case
of a portion of this Warrant, determined in accordance with Section 11(c) of the
Warrant) equal to $_________. Please issue a certificate or certificates for
such shares of Common Stock in the name of and pay any cash for any fractional
share to:

                                          Name:
                                                 -------------------------------

                                          Signature:
                                                     ---------------------------
                                          Address:
                                                   -----------------------------

                                                   -----------------------------

                                          Note:       The above signature
                                                      should correspond
                                                      exactly with the name
                                                      on the face of the
                                                      within Warrant, if
                                                      applicable.

and, if said number of shares of Common Stock shall not be all the shares
purchasable under the within Warrant, a new Warrant is to be issued in the name
of said undersigned covering the balance of the shares purchasable thereunder
less any fraction of a share paid in cash.

<PAGE>

                               FORM OF ASSIGNMENT

      FOR VALUE RECEIVED, the undersigned hereby sells, assigns, and transfers
all the rights of the undersigned under the within Warrant, with respect to the
number of shares of Common Stock covered thereby set forth hereinbelow, to:

Name of Assignee                     Address                        No of Shares
----------------                     -------                        ------------

, and hereby irrevocably constitutes and appoints ____________________________
as agent and attorney-in-fact to transfer said Warrant on the books of the
within-named corporation, with full power of substitution in the premises.

Dated:      ________ __, 200_

In the presence of:
                                          -------------------------------------

                                    Name:
                                          -------------------------------------

                                    Signature:
                                               --------------------------------

                                    Title of Signing Officer or Agent (if any):

                                                ------------------------------

                                    Address:
                                                ------------------------------

                                                ------------------------------

                                          Note: The above signature should
                                                correspond exactly with the
                                                name on the face of the
                                                within Warrant, if applicable.

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