RELEASE AGREEMENT

                                                                   Exhibit 10.23



THIS RELEASE AGREEMENT dated September 26, 2006.

BETWEEN:

     LOGICAL SEQUENCE INCORPORATED., a body corporate
     ("LSI")

                                                          OF THE FIRST PART

     - and -

     SHANNON INTERNATIONAL INC., a body corporate
     ("Shannon")

                                                          OF THE SECOND PART

     - and -

     LARNACA LIMITED, a body corporate
     ("Larnaca")

                                                          OF THE THIRD PART
     - and -

     MAX WANDINGER,
     ("Wandinger")

                                                          OF THE FOURTH PART

WHEREAS pursuant to an agreement dated August 15, 2002 by and between Larnaca
and LSI, formerly known as 1525042 Ontario Limited, Larnaca directed that 50,000
shares of LSI preferred stock were to be issued in the name of Wandinger (the
"August 2002 Agreement" and the "Preferred Shares", respectively).

AND WHEREAS the Preferred Shares were never created or issued pursuant to the
laws of the Province of Ontario;

AND WHEREAS Larnaca has agreed to waive and disclaim any and all interest in and
to the August 2002 Agreement and the Preferred Shares in consideration of a full
release from LSI and Shannon;

AND WHEREAS: Wandinger has agreed to waive and disclaim any and all interest in
and to the August 2002 Agreement and the Preferred Shares in consideration of a
full release from LSI and Shannon;



<PAGE>

NOW THEREFORE THE PARTIES HERETO HAVE AGREED as follows in consideration of the
mutual covenants and agreements hereinafter set forth:

1.   Jeremy Northcote (solely in the role as Director of Lawtec Services
     Limited, the Corporate Director of Larnaca ("Lawtec") and Larnaca represent
     and warrant to LSI that Lawtec is an officer and director of Larnaca, a
     corporation formed under the laws of the Turks and Caicos Islands, and has
     full authority to execute this Agreement on behalf of Larnaca, without the
     approval or consent of any third party with respect to the matters to which
     this Settlement Agreement relate.

2.   Larnaca waives any and all claims relative to the August 2002 Agreement and
     the Preferred Shares and agrees to be forever estopped from asserting any
     such rights thereto in law or in equity in any jurisdiction.

3.   Larnaca acknowledges that the below release of claims is and shall be valid
     consideration for the transfer of assets set forth in the August 2002
     Agreement and that Larnaca has no right,