ASSIGNMENT AGREEMENT

                              ASSIGNMENT AGREEMENT

      This Assignment  Agreement (the  "Assignment")  is made as of December 28,
2005 by and among  Patient  Safety  Technologies,  Inc., a Delaware  corporation
formerly known as Franklin Capital  Corporation,  as assignor (the  "Assignor"),
Alan Morelli, as assignee  ("Assignee"),  and Digicorp,  a Utah corporation (the
"Company"). This Assignment memorializes an enforceable verbal agreement entered
into between Assignor and Assignee on or around September 15, 2005.

                                   WITNESSETH:

      WHEREAS,  on or about  December 30, 2004,  the Assignor  entered into that
certain Stock  Purchase  Agreement  dated as of December 29, 2004 (the "Purchase
Agreement") with the shareholders of the Company,  set forth in Section A of the
signature page thereto (the "Principal  Shareholders"),  and the shareholders of
the Company set forth in Section B of the  signature  page  thereto  (the "Other
Shareholders," and together with the Principal Shareholders, the "Sellers");

      WHEREAS,  simultaneously  with  the  execution  of  this  Assignment,  the
Assignor,  certain of the  Sellers  are  entering  into  Amendment  No. 1 to the
Purchase Agreement (the "Amendment Agreement");

      WHEREAS,  the  parties  hereto  desire to assign  certain  obligations  of
Assignor  pursuant  to the terms of the  Purchase  Agreement,  as amended by the
Amendment Agreement, to Assignee;

      WHEREAS, as an inducement and a condition to entering into this Assignment
the Assignor,  certain of the Sellers are entering into the Amendment Agreement;
and

      WHEREAS,  pursuant to the terms hereof,  the Company  desires to grant the
Assignor  and  Assignee  registration  rights with  respect to the resale of the
Registrable Shares;

      NOW,  THEREFORE,  in  consideration  of and for the  mutual  promises  and
covenants contained herein, and for other good and valuable  consideration,  the
receipt of which is hereby  acknowledged,  the parties  hereto  hereby  agree as
follows:

      1. All  capitalized  terms not  defined  herein  shall  have the  meanings
ascribed to such terms in the Purchase Agreement.

      2. For value  received,  Assignor  assigns and  transfers  to Assignee the
obligation  of Assignor  pursuant to the Purchase  Agreement,  as amended by the
Amendment  Agreement,  to purchase one million  (1,000,000)  of the  Registrable
Shares,  subject  to all the  conditions  and terms  contained  in the  Purchase
Agreement,  as amended by the Amendment Agreement.  Subject to the terms of this
Assignment and the terms of the Purchase Agreement,  as amended by the Amendment
Agreement,   the  Assignor  shall  purchase  two  hundred  twenty-four  thousand
(224,000) of the  Registrable  Shares from the Sellers  identified on Schedule I
hereto  and  the  Assignee  shall  purchase  one  million   (1,000,000)  of  the
Registrable  Shares  from the  Sellers  identified  on Schedule I. A copy of the
Purchase  Agreement  is  attached  hereto as Exhibit A and made a part hereof by
reference.


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      3. The  obligations of the parties  hereto are subject to and  conditioned
upon the execution of the Amendment Agreement. A copy of the Amendment Agreement
is attached hereto as Exhibit B and made a part hereof by reference.

      4. (a) If at any time after  execution of this  Assignment  by all parties
hereto the Company shall determine to file with the United States Securities and
Exchange   Commission   (the   "Commission")   a  registration   statement  (the
"Registration  Statement")  relating to an  offering  for its own account or the
account of others under the Securities Act of 1933, as amended (the  "Securities
Act"),  of any of its equity  securities  (other than on Form S-4 or Form S-8 or
their then  equivalents  relating to equity  securities  to be issued  solely in
connection  with an acquisition  of any entity or business or equity  securities
issuable in connection with employee  benefit plans),  the Company shall include
in such Registration  Statement all of the Registrable Shares. The Company shall
use its  best  efforts  to  cause  the  Registration  Statement  to be  declared
effective by the Commission as promptly as possible after the filing thereof and
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