SPEEDEMISISONS, INC. AMENDED EMPLOYMENT AGEEMENT

                              SPEEDEMISISONS, INC.

                           AMENDED EMPLOYMENT AGEEMENT


This AMENDED  EMPLOYMENT  AGREEMENT  (this  "Agreement")  is made by and between
Speedemissions,  Inc. a Florida  corporation  (the  "Employer"),  and Richard A.
Parlontieri,  an  individual  resident  of  Georgia  (the "the  Employee"),  and
initially  effective  as of the  15th day of  September,  2003  (the  "Effective
Date").

The Employer presently employs the Employee as its President and Chief Executive
Officer (CEO). The Employer  recognizes that the Employee's  contribution to the
growth and  success of the  Employer is  substantial.  The  Employer  desires to
provide for the continued employment of the Employee and to make certain changes
in the Employee's employment arrangements which the Employer has determined will
reinforce and encourage the continued dedication of the Employee to the Employer
and will promote the best  interests of the Employer and its  shareholders.  The
Employee  is  willing  to  continue  to serve  the  Employer  on the  terms  and
conditions herein provided.

In consideration of the forgoing,  the mutual covenants  contained  herein,  and
other good and valuable consideration,  the receipt and sufficiency of which are
hereby acknowledged,  the parties hereto,  intending to be legally bound, hereby
agree that on the Effective Date:

1. EMPLOYMENT.

     (a)  The Employer shall  continue to employ the Employee,  and the Employee
          shall continue to serve the Employer, as President and Chief Executive
          Officer upon the terms and conditions  set forth herein.  The Employee
          shall have such authority and  responsibilities as are consistent with
          his position and which may be set forth in this  Agreement or assigned
          by the Board of Directors from time to time. The Employee shall devote
          his  full  business  time,   attention,   skill  and  efforts  to  the
          performance of his duties hereunder,  except during periods of illness
          or periods of  vacation  and  leaves of  absence  consistent  with the
          Employer's  policies.  The Employee may devote  reasonable  periods of
          time to  perform  charitable  and other  community  activities  and to
          manage  his  personal  investments;   provided,   however,  that  such
          activities  will not materially  interfere with the performance of his
          duties  hereunder and will not be in conflict or competitive  with, or
          adverse to , the  interests of the  Employer.  Under no  circumstances
          will the  Employee  work  for any  competitor  or have  any  financial
          interest in any competitor of the Employer;  provided,  however,  that
          the  Employee  may  invest up to 1% of the  publicly  traded-stock  or
          securities of any company  whose stock or  securities  are traded on a
          national exchange.
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     (b)  The Employee  shall not be required to relocate from the  metropolitan
          Atlanta, Georgia area.

2. TERM.

Unless earlier terminated or as provided herein, the Employee's employment under
this  Agreement  shall be for an initial  term of three (3) years (the  "Initial
Term").  Not less than thirty (30) days prior to each  anniversary  date of this
Agreement  either party may provide written notice to the other that it does not
desire  to extend  this  Agreement,  and that it  elects to have this  Agreement
terminate at the end of the then current Term (a "Non- Renewal Notice").  In the
absence of a Non-Renewal Notice, on each anniversary date of this Agreement, the
Term of this Agreement shall be extended  automatically  (without further action
of the Employer or  Employee)  for a period one (1)  additional  year (each such
additional period, a "Term Extension"). The Initial Term, together with all Term
Extensions  are  hereinafter  collectively  referred  to as the  "Term"  of this
Agreement.

3. COMPENSATION AND BENEFITS.

     (a)  The Employer shall pay the employee a salary at a rate of $180,000 per
          annum (the "Base Salary") in accordance  with the salary  practices of
          the Employer.  Commencing as of the first anniversary of the Effective
          Date, and thereafter on each  subsequent  anniversary of the Effective
          Date during the Term,  the Base  Salary  shall be  increased,  but not
          decreased,  by an amount  equal to the  greater of (i) such  amount as
          shall be  determined  by the  Compensation  Committee  of the Board of
          Directors of the Employer; or (ii) three percent (3%).

     (b)  The Employee shall  participate in any retirement,  welfare,  deferred
          compensation,  life, health,  disability insurance,  and other benefit
          plans or programs paid by the Employer now or hereafter  applicable to
          the Employee.  The Employer  shall pay (or reimburse the Employee for)
          the  actual  cost of the  Employee's  health  /dental  insurance  (for
          himself and his wife), life insurance and disability  insurance as and
          when due and payable to the Employee's health insurance company,  life
          insurance company and disability  insurance company until the Employer
          adopts and puts into effect a benefits program providing health,  life
          and disability  insurance for its executive  employees,  which at such
          time will be paid by the Employer.  This  subsection  (b) shall not be
          construed  to required  the  Employer to  establish  any such plans or
          programs or to prevent the Employer from modifying or terminating  any
          such plans or programs,  and no such action or failure  thereof  shall
          affect this  Agreement;  provided,  however,  that in the event of any
          reduction in the group medical and  hospitalization  benefits provided
          to  the  Employee,  the  salary  payable  to  the  Employee  shall  be
          increased,  as of the effective date of such reduction, by that amount
          necessary to enable the Employee to supplement  the benefits  provided
          by the Employer to maintain the level of benefits then provided to the
          Employee.
<PAGE>

     (c)  The Employee  shall  receive four (4) weeks of paid  vacation for each
          calendar year during the Term. Scheduling of vacation shall be subject
          to the prior  approval of the Employer,  which  approval  shall not be
          unreasonably  withheld.  Vacation  time shall not  accrue,  and if the
          Employee  prior to the end of any  calendar  year shall not use all of
          his  vacation  time  for  such  year,  such  vacation  time  shall  be
          forfeited.

     (d)  The Employer  shall  continue to reimburse the Employee for reasonable
          travel  and other  expenses,  including  a monthly  car  allowance  of
          $600.00,  related to the  Employee's  duties  which are  incurred  and
          accounted  for in accordance  with the  Employer's  standard  business
          practices.

     (e)  The Employee shall receive a cellular  phone  allowance of $200.00 per
          month.

     (f)  The  Employer  shall  reimburse  the  Employee  for  dues  paid by the
          Employee for membership in such professional  organizations and eating
          clubs as shall,  from time to time,  be approved  by the  Compensation
          Committee of the Board of Directors.

     (g)  Employee  shall be  eligible  to  receive  cash  bonuses  based on the
          Employee's  achievement of specified  goals and criteria.  These goals
          and criteria may include both annual and long-term  goals, may provide
          for vesting  over a specified  time period,  and shall be  established
          annually by the  Compensation  Committee of the Board of Directors and
          attached to and made part of this Agreement (the "Bonus Plan"). Unless
          provided  otherwise in any  particular  Bonus Plan,  the  Compensation
          Committee shall determine  whether the Employee has achieved the goals
          and criteria for the  applicable  quarter and, if so the amount of the
          quarterly bonus to be paid to the Employee, as soon as practical after
          the operating  and financial  results of the Employer for the relevant
          quarter  are made know to the Board.  Any bonus so  determined  by the
          Compensation  Committee  will vest in favor of the  Employee as of the
          last day of the quarter to which such bonus  relates.  Each  quarterly
          cash bonus shall be paid to the Employee as soon as practicable  after
          the Compensation Committee's final determination.  For the purposes of
          this Section 3(b), (i) the Employer shall establish the bonus criteria
          for 2004 not later than December 1, 2003,  and (ii) the first calendar
          quarter to be considered for a bonus payment shall cover the months of
          January,   February  and  March  2004  (the  "First   Quarter")   (and
          thereafter, every calendar quarter during the Term).

     (h)  The  Employee  is  hereby  granted  options  (in  the  aggregate,  the
          "Options")  to  subscribe  for and  purchase  from the  Employer  four
          hundred  thousand  (400,000)  shares of the Company's Common Stock (in
          the aggregate,  the "Option  Stock") at a price per share equal to the
          Fair Market  Value of the of the Option  Stock as of the date  hereof.
          "Fair  Market  Value"  shall mean two dollars  ($2.00) per share.  The
          Options may be exercised  by the Employee or members of his  immediate
          family. Upon the execution of this Agreement  one-fourth,  or 100,000,
          of the Options are fully vested.  The remaining  300,000  Options will
          vest in three  equal  parts of  250,000  Options on each of October 1,
          2004;  October 1, 2005; and October 1, 2006.  Upon a Change of Control
          (as  hereinafter  defined),  or termination  Without or With Cause (as
          hereinafter   defined),   all  Options  remaining  unvested  shall  be
          automatically vested and may be immediately exercised. All other terms
          and  conditions  relating  to the  Options  shall  be set  forth  in a
          separate Option Agreement between the Employee and Employer; provided,
          however,  that the terms and conditions of the Option  Agreement shall
          not conflict with this subsection (h).

     (i)  All  payments  by  the  Employer  to the  Employee  pursuant  to  this
          Agreement   shall  be  subject  to   applicable   withholding   rules,
          regulations and requirements.
<PAGE>

4. TERMINATION.

     (a)  The Employee's employment under this Agreement may be terminated prior
          to the end of the Term only as follows:

          (i)  upon the death of the Employee;

          (ii) upon  the  Disability  of  the  Employee  for  which   reasonable
               accommodation is unavailable. For the purposes of this Agreement,
               "Disability"  shall  conclusively be deemed to have occurred with
               respect to the Employee  (i) if the  Employee  shall be receiving
               payments  pursuant  to a policy of  long-term  disability  income
               insurance;   (ii)  if  the  Employee   shall  have  no  long-term
               disability  income  coverage  then in  force  and  any  insurance
               company  insuring  the  Employee's  life shall agree to waive the
               premiums  due on such policy  pursuant to a long-term  disability
               waiver of premium provision in the contract of life insurance; or
               (iii) if the Employee shall have no long-term  disability  waiver
               of premium  provision in any contract of life insurance,  then if
               the Employee  shall be receiving  long-term  disability  benefits
               from or through  the Social  Security  Administration;  provided,
               however,  that in the  event  the  Employee's  disability  shall,
               otherwise  and in  good  faith,  come  into  question  (and,  for
               purposes of this proviso,  "disability"  shall mean the permanent
               and continuous inability of the Employee to perform substantially
               all  of the  duties  being  performed  immediately  prior  to his
               disability coming into question),  and a dispute shall arise with
               respect   thereto,   then   the   Employee   (or   his   personal
               representatives)  shall  appoint a medical  doctor,  the Employer
               shall appoint a medical  doctor,  and said two (2) doctors shall,
               in turn,  appoint a third party medical  doctor who shall examine
               Employee  to  determine  the  question  of  disability  and whose
               determination   shall  be  binding   upon  all  parties  to  this
               Agreement.   For  purposes  of  this  Agreement,   a  "reasonable
               accommodation"  is one that does not impose undue hardship on the
               Employer;

          (iii) upon the determination of Cause for termination,  in which event
               such  employment  may be  terminated  by  written  notice  at the
               election of the Employer. For purposes of this Agreement, "Cause"
               shall  consist of any of (A) the  commission by the Employee of a
               willful  act  (including,  without  limitation,  a  dishonest  or
               fraudulent  act) or a grossly  negligent  act,  or the willful or
               grossly  negligent  omission  to act by the  Employee,  which  is
               intended  to  cause,  causes,  or is  reasonably  likely to cause
               material  harm to the  Employer  (including  harm to its business
               reputation),   (B)  the   indictment  of  the  Employee  for  the
               commission or  perpetration  by the Employee of any felony or any
               commission or  perpetration  by the Employee of any felony or any
               crime involving  dishonesty,  moral  turpitude or fraud,  (C) the
               material  breach  by the  Employee  of this  Agreement  that,  if
               susceptible of cure,  remains uncured ten days following  written
               notice to the Employee of such breach,  (D) the exhibition by the
               Employee  of a  standard  of  behavior  within