employment

Employment letter

Initech Research Systems Inc.
1 Initech Drive
Las Colinas, Texas 75062

Initech

October 14, 1999

To whom it may concern:

Peter Gibbons is a full time employee of Initech Research Systems Inc. and has been employed since March 5, 1997. He is a Sr Software Engineer working in our New York office and his annual salary is $94,104.