This Employment Agreement (the "Agreement"), dated as of May 20, 2005 (the "Effective Date"), is by and
between Comtex News Network, Inc., a Delaware corporation (the "Company"), and E.W. "Chip" Brian, III
A. The Company desires to employ the Employee in the position of President and Chief Operating Officer for the
Company and its affiliates.
B. The Employee desires to accept employment on the terms herein set forth.
NOW, THEREFORE, in consideration of the premises and of the covenants herein contained, the parties hereto
agree as follows:
1. Employment. The Company hereby agrees to employ the Employee, and the Employee hereby accepts such
employment by the Company, upon the terms and conditions set forth in this Agreement. The Employee
acknowledges that his employment may be terminated by the Company for any reason, with or without Cause.
2. Term. The term of this Agreement will be the two-year period commencing May
20, 2005 and ending on May 19, 2007 (the "Term"), unless terminated earlier
pursuant to Section 7. The Term may also be extended by the written agreement of the parties.
3. Position and Duties of the Employee.
(a) The Employee will serve as the President and Chief Operating Officer of the Company, and agrees to serve
as an officer and/or an employee of such other affiliates of the Company as may be requested from time to time
by the Board of Directors of the Company (the "Board"), any committee or person delegated by the Board or
the Chairman and Chief Executive Officer of the Company. In such capacity, the Employee will report directly to
the Chairman and Chief Executive Officer of the Company. The Employee will perform such duties
commensurate with the Employee's title and position or as may be assigned to the Employee from time to time by
the Chairman and Chief Executive Officer.
(b) During the Term, the Employee will, except as may from time to time be otherwise agreed in writing by the