8-K

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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
    Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

                DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
                       NOVEMBER 7, 2007 (NOVEMBER 1, 2007)



                            SYSVIEW TECHNOLOGY, INC.
               (Exact name of Registrant as specified in charter)

          Delaware                    000-25839                 59-3134518
(State or other jurisdiction   (Commission File Number)       (IRS Employer
      of incorporation)                                   Identification Number)


                              1772 Technology Drive
                           San Jose, California 95110
                    (Address of principal executive offices)

   Registrant's telephone number, including area code: (408) 436-9888 Ext. 207

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Registrant under any of the
following provisions (see General Instruction A.2 below).

|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b)).

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13(e)-4(c))



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                           FORWARD LOOKING STATEMENTS

         This Form 8-K and other reports filed by Registrant from time to time
with the Securities and Exchange Commission (collectively the "Filings") contain
or may contain forward looking statements and information that are based upon
beliefs of, and information currently available to, Registrant's management as
well as estimates and assumptions made by Registrant's management. When used in
the filings the words "anticipate", "believe", "estimate", "expect", "future",
"intend", "plan" or the negative of these terms and similar expressions as they
relate to Registrant or Registrant's management identify forward looking
statements. Such statements reflect the current view of Registrant with respect
to future events and are subject to risks, uncertainties, assumptions and other
risk factors relating to Registrant's industry, Registrant's operations and
results of operations and any businesses that may be acquired by Registrant.
Should one or more of these risks or uncertainties materialize, or should the
underlying assumptions prove incorrect, actual results may differ significantly
from those anticipated, believed, estimated, expected, intended or planned.

         Although Registrant believes that the expectations reflected in the
forward looking statements are reasonable, Registrant cannot guarantee future
results, levels of activity, performance or achievements. Except as required by
applicable law, including the securities laws of the United States, Registrant
does not intend to update any of the forward-looking statements to conform these
statements to actual results.

         In this Form 8-K, references to "we," "our," "us," "Company," "Sysview
Technology" or "Registrant" refer to Sysview Technology, Inc., a Delaware
corporation.


ITEM 5.02   DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
            APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF
            CERTAIN OFFICERS

(b) Effective November 1, 2007, Mr. William Hawkins resigned as the Interim
Chief Financial Officer of Sysview Technology.

(c) Effective November 1, 2007, Sysview Technology's board of directors (the
"Board") appointed Ms. (Martha) Carolyn Ellis as Sysview Technology's Chief
Financial Officer.

         Ms. Ellis has been an independent contractor to Sysview Technology
since April 2006 in charge of and supervising its financial reporting
obligations. Prior to her work with Sysview Technology, Ms. Ellis served as a
director, secretary and treasurer of Knovative, Inc., a telecommunications
research and development company that she co-founded in 2003 and where she
remains a member of the board of directors today. From April 2000 until she
co-founded Knovative, Ms. Ellis served as the Vice President of Finance for
Correlant Communications, a company in the telecommunications industry. Ms.
Ellis has been a certified public accountant since 1989. She earned her
bachelor's degree in economics and accounting from Hendrix College in 1986 and
her master's degree in business administration from the University of New Mexico
in 1994.

THE EMPLOYMENT AGREEMENT

         Sysview Technology entered into an Employment Agreement with Ms. Ellis
on November 1, 2007. Under the terms of the Employment Agreement, Ms. Ellis is
appointed Chief Financial Officer of Sysview Technology for an initial term
("Term") of twelve (12) months, which is automatically extended for additional
one (1) year periods unless either party notifies the other party at least 90
days prior to the expiration of the then existing Term of its intention not to
extend the Term. Additionally, Ms. Ellis is to receive an annual salary of
$135,000 and, at the discretion of the compensation committee of Sysview


Technology's Board, may be eligible for an annual bonus which amount, if any,
and payment will be determined by the compensation committee. Ms. Ellis is also
granted options to purchase shares of Sysview Technology's common stock. In
connection therewith, Ms. Ellis entered into a Stock Option Agreement with the
Company, described below. Further, the Employment Agreement provides Ms. Ellis
with employee health insurance and the right to participate in any other
employee benefit plans established by Sysview Technology and our professional
employer organization.

         Sysview Technology may terminate for cause the Employment Agreement
upon written notice if at any time Ms. Ellis: (a) engages in misconduct that may
have a material adverse effect on the business and affairs of Sysview
Technology; (b) disregards the legal instructions of the Board consistent with
her position relating to the business of Sysview Technology or neglects or fails
to discharge her duties so as to materially and adversely affect the business
and affairs of Sysview Technology; (c) engages in any activity in competition
with Sysview Technology; (d) is convicted of felony or (e) habitually abuses
alcohol or controlled substances. Such termination for cause, however, is
predicated on Ms. Ellis first receiving a notice from the Board advising her of
the specific acts or omissions constituting a cause for termination, and her
subsequent failure to correct such acts or omissions after a reasonable
opportunity (at least 10 days from her receipt of the Board's notice) to do so.
The Employment Agreement terminates automatically upon Ms. Ellis' death. If our
termination breaches the terms of the Employment Agreement, Ms. Ellis is
entitled to receive three (3) months salary at the salary rate set in the
Employment Agreement ("Severance Payment"), and Sysview Technology will pay 100%
of the C.O.B.R.A. premiums for three (3) months after her termination
("C.O.B.R.A. Payments"). Ms. Ellis will also be entitled to receive any
previously declared bonus.

         On the other hand, Ms. Ellis may terminate the Employment Agreement
upon a 30-day written notice if: (i) Ms. Ellis is no longer the Chief Financial
Officer or its equivalent; (ii) Sysview Technology materially reduces Ms. Ellis'
duties and responsibilities; (iii) Sysview Technology requires Ms. Ellis to
relocate outside of the 60-mile radius of San Jose, California; (iv) Ms. Ellis'
compensation or other benefits are reduced by ten percent or more; (v) a
successor to Sysview Technology does not assume the Employment Agreement; (vi)
Sysview Technology materially breaches the Employment Agreement and fails to
cure within 30 days of written notice from Ms. Ellis of such breach or (vii)
Sysview Technology undergoes a change of control event. Ms. Ellis must submit
her termination notice within 90 days after the occurrence of any of the events
described in (i) through (vi), and within three years after the occurrence of
the even described in (vii). Upon such termination, Ms. Ellis is entitled to
receive the lesser of her remaining salary due under the Employment Agreement or
three (3) months salary at her then current annual salary rate ("Enhanced
Severance Payment") and the C.O.B.R.A. Payments. However, if the occurrence of
any of the events described in (i) through (vi) is the result of a Board action
necessitated by financial hardship of Sysview Technology, then Ms. Ellis will
waive her right to claim the Enhanced Severance Payment. She may terminate the
Employment Agreement within 30 days of such Board action, and receive the
Severance Payment and the C.O.B.R.A. Payments. Ms. Ellis may also terminate the
Employment Agreement without cause upon a 30-day written notice, provided that
she will not be entitled to receive the Severance Payment or any additional
compensation for such termination.

         The Employment Agreement also contains restrictive covenants preventing
competition with Sysview Technology during her employment and for a period of
one (1) year after termination (including contact with or solicitation of the
customers, employees or suppliers of Sysview Technology), and also covenants
preventing the use or disclosure of confidential business information during or
at any time after termination of her employment. However, if the Employment
Agreement is terminated by Ms. Ellis under any of the circumstances described in
(i) through (vi) above, then the covenant against competition is reduced to the
number of months remaining under the Employment Agreement at the time of
termination plus six (6) months thereafter.


THE OPTIONS AND THE STOCK OPTION AGREEMENT

         Under the Employment Agreement, Ms. Ellis is granted 150,000 options to
purchase shares of Sysview Technology's common stock ("Option Shares") at an
exercise price of $0.60 per share for a period of seven (7) years, and pursuant
thereto, she entered into the Stock Option Agreement with the Company. The
options may be exercised on a cashless basis. The options will vest and become
exercisable on the 12-month anniversary date of their issuance date. However, at
any time Sysview Technology undergoes a change of control event, the options
will become vested and immediately exercisable at any time within 12 months
after the effective date of the change of control event. Additionally, Sysview
Technology must use its best efforts to register the Option Shares no later than
120 days after the change of control event, unless doing so is counter to the
advice of counsel or would not be in the best interest of the Company, in which
case Sysview Technology will have an additional 60 days to comply with its
obligation to register the Option Shares.

         The Stock Option Agreement provides certain anti-dilution adjustments.
Thus, in the event Sysview Technology declares or pays a dividend on its common
stock in common stock or other securities, or subdivides the outstanding common
stock, then upon the exercise of the options, for each share of common stock
acquired, Ms. Ellis will receive the number and kind of securities that she
would have been entitled to received had she owned such share of common stock on
the date the dividend or subdivision occurred. Upon any event that results in a
change of the number and/or class of securities issuable upon the exercise of
the options, Ms. Ellis will receive, upon exercise of the options, the number
and kind of securities and property that she would have been entitled to
received had she exercised immediately prior to such event. If the number of
outstanding shares of Sysview Technology's common stock is reduced, the exercise
price of the options will be proportionally increased. Lastly, any plan of
consolidation, merger, sale or conveyance of all or substantially all assets by
Sysview Technology (excepting a plan of complete liquidation) must provide that
Ms. Ellis will have the right to acquire and receive, upon exercise of the
options, such stock shares, securities or assets equivalent to the number of
shares of Sysview Technology common stock that she would have received had the
consolidation, merger sale or conveyance not occurred.

ITEM 9.01         FINANCIAL STATEMENTS AND EXHIBITS

(d) EXHIBITS.

99.1    Employment Agreement between Sysview Technology, Inc. and Carolyn Ellis
        dated November 1, 2007

99.2    Option Agreement between Sysview Technology, Inc. and Carolyn Ellis
        dated November 1, 2007



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       SYSVIEW TECHNOLOGY, INC.


Date: November 7, 2007                 By:  /s/ Darwin Hu
                                            ------------------------------------
                                            Darwin Hu,
                                            Chief Executive Officer

EX-99.1

                                                                    EXHIBIT 99.1

                              EMPLOYMENT AGREEMENT

         EMPLOYMENT AGREEMENT ("Agreement") made as of this 1st day of November,
2007 by and between Sysview Technology, Inc., a Delaware corporation, having an
office at 1772 Technology Drive, (hereinafter referred to as "Employer") and
Carolyn Ellis, an individual residing at [____________________________________]
(hereinafter referred to as "Employee");

                              W I T N E S S E T H:

         WHEREAS, Employer employs directly or through a co-employment agreement
with a Professional Employer Organization (PEO) licensed in the State of
California, and desires to employ, Employee as Chief Financial Officer of
Employer; and

         WHEREAS, Employee is willing to be employed as the Chief Financial
Officer of Employer in the manner provided for herein, and to perform the duties
of the Chief Financial Officer of Employer upon the terms and conditions herein
set forth;

         NOW, THEREFORE, in consideration of the promises and mutual covenants
herein set forth it is agreed as follows:

         1. EMPLOYMENT OF CHIEF FINANCIAL OFFICER OF EMPLOYER. Employer hereby
employs Employee as Chief Financial Officer of Employer.

         2. TERM.

                  a. Subject to Section 9 and Section 10 below, the term of this
Agreement shall be for a period of twelve (12) months commencing on November 1,
2007 (the Term). The Term of this Agreement shall be automatically extended for
additional one (1) year periods, unless either party notifies the other in
writing at least ninety (90) days prior to the expiration of the then existing
Term of its intention not to extend the Term. During the Term, Employee shall
devote substantially all of her business time and efforts to Employer and its
subsidiaries and affiliates.

         3. DUTIES. The Employee shall perform those functions generally
performed by persons of such title and position, shall attend all meetings of
the stockholders and the Board (if invited to attend), shall perform any and all
related duties and shall have any and all powers as may be prescribed by
resolution of the Board, and shall be available to confer and consult with and
advise the officers and directors of Employer at such times that may be required
by Employer. Employee shall report directly and solely to the Board.

         4. COMPENSATION.

            a. (i) Employee shall be paid a base pay of $135,000 per year during
the Term of this Agreement. Employee shall be paid periodically in accordance
with the policies of the Employer during the term of this Agreement, but not
less than monthly.

               (ii) Employee is eligible for an annual bonus, if any, which will
be determined and paid in accordance with policies set from time to time by the
compensation committee of the Board.

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            b. Employer shall grant Employee 150,000 options ("Options") to
purchase shares of the Company's common stock at an exercise price of $0.60 per
share for a period of seven (7) years, upon execution of this Agreement. The
Options shall vest and become exercisable on the date that is 12 months from the
issuance date of the Options.

            c. Employer shall include Employee in its health insurance program,
payment of premiums in accordance with company policy.


            d. Employee shall have the right to participate in any other
employee benefit plans established by Employer and PEO.

            e. (i) In the event of a "Change of Control" whereby:

         (A) A person (other than a person who is an officer or a Director of
Employer on the effective date hereof), including a "group" as defined in
Section 13(d)(3) of the Securities Exchange Act of 1934, after execution of this
Agreement becomes, or obtains the right to become, the beneficial owner of
Employer securities having 30% or more of the combined voting power of then
outstanding securities of the Employer that may be cast for the election of
directors of the Employer;

         (B) At any time, a majority of the Board-nominated slate of candidates
for the Board is not elected;

         (C) Employer consummates a merger in which it is not the surviving
entity;

         (D) Substantially all Employer's assets are sold; or

         (E) Employer's stockholders approve the dissolution or liquidation of
Employer; then

               (ii) All stock options and warrants ("Rights") granted by
Employer to Employee under any plan or otherwise prior to the effective date of
the Change of Control, shall become vested, accelerate and become immediately
exercisable; any time within twelve months after the effective date of the
change of control, adjusted for any stock splits and capital reorganizations
having a similar effect, subsequent to the effective date hereof. In the event
Employee owns or is entitled to receive any unregistered securities of Employer,
then Employer shall use its best efforts to effect the registration of all such
securities as soon as practicable, but no later than 120 days after the Change
of Control; provided, however, that such period may be extended or delayed by
Employer for one period of up to 60 days if, upon the advice of counsel at the
time such registration is required to be filed, or at the time Employer is
required to exercise its best efforts to cause such registration statement to
become effective, such delay is advisable and in the best interests of Employer
because of the existence of non-public material information, or to allow
Employer to complete any pending audit of its financial statements.

         5. EXPENSES. Employee shall be reimbursed for all of her actual
out-of-pocket expenses incurred in the performance of her duties hereunder,
provided such expenses are acceptable to Employer, which approval shall not be
unreasonably withheld, for business related travel and entertainment expenses,
and that Employee shall submit to Employer detailed receipts, according to IRS
guidelines, with respect thereto.

         6. RESERVED.

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         7. SECRECY. At no time shall Employee disclose to anyone any
confidential or secret information (not already constituting information
available to the public) concerning (a) internal affairs or proprietary business
operations of Employer or (b) any trade secrets, new product developments,
patents, programs or programming, especially unique processes or methods.

         8. COVENANT NOT TO COMPETE.

            (a) Subject to, and limited by, Section 10(b), Employee will not, at
any time, during the term of this Agreement, and for one (1) year thereafter,
either directly or indirectly, engage in, with or for any enterprise,
institution, whether or not for profit, business, or company, competitive with
the business (as identified herein) of Employer as such business may be
conducted on the date thereof, as a creditor, guarantor, or financial backer,
stockholder, director, officer, consultant, advisor, employee, member, inventor,
producer, director, or otherwise of or through any corporation, partnership,
association, sole proprietorship or other entity; provided, that an investment
by Employee, her spouse or her children is permitted if such investment is not
more than four percent (4%) of the total debt or equity capital of any such
competitive enterprise or business and further provided that said competitive
enterprise or business is a publicly held entity whose stock is listed and
traded on a national stock exchange or through the NASDAQ Stock Market. As used
in this Agreement, the business of Employer shall be deemed to include the
manufacturing and marketing of imaging systems.

            (b) For a period one year from the date of termination of this
agreement Employee shall not contact or solicit any of the Companies customers,
employees or suppliers.

            (c) During the entire time of employment, any outside consulting
(paid or unpaid), employment, business venture or compensated activities must
receive the written approval of the employee compensation committee, established
by the board of directors, or any other committee of the board of directors
serving such function.

         9. TERMINATION.

            a. TERMINATION BY EMPLOYER

               (i) Employer may terminate this Agreement upon written notice for
Cause. For purposes hereof, "Cause" shall mean (A) Employee's misconduct as
could reasonably be expected to have a material adverse effect on the business
and affairs of Employer, (B) the Employee's disregard of lawful instructions of
Employers Board of Directors consistent with Employee's position relating to the
business of Employer or neglect of duties or failure to act, which, in each
case, could reasonably be expected to have a material adverse effect on the
business and affairs of Employer,(C) engaging by the Employee in conduct that
constitutes activity in competition with Employer, including any unapproved
activities identified in section 8(c) of this agreement; (D) the conviction of
Employee for the commission of a felony; and/or (E) the habitual abuse of
alcohol or controlled substances. Notwithstanding anything to the contrary in
this Section 9(a)(i), Employer may not terminate Employee's employment under
this Agreement for Cause unless Employee shall have first received notice from
the Board advising Employee of the specific acts or omissions alleged to
constitute Cause, and such acts or omissions continue after Employee shall have
had a reasonable opportunity (at least 10 days from the date Employee receives
the notice from the Board) to correct the acts or omissions so complained of. In
no event shall alleged incompetence of Employee in the performance of Employee's
duties be deemed grounds for termination for Cause.

               (ii) This agreement automatically shall terminate upon the death
of Employee, except that Employee's estate shall be entitled to receive any
amount accrued under Section 4(a).

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            b. TERMINATION BY EMPLOYEE

               (i) Employee shall have the right to terminate her employment
under this Agreement upon 30 days' notice to Employer given within 90 days
following the occurrence of any of the following events (A) through (F) or
within three years following the occurrence of event (G):

                  (A) Employee is not appointed or retained as Chief Financial
Officer (or a substantially similar position).

                  (B) Employer acts to materially reduce Employee's duties and
responsibilities hereunder. Employee's duties and responsibilities shall not be
deemed materially reduced for purposes hereof solely by virtue of the fact that
Employer is (or substantially all of its assets are) sold to, or is combined
with, another entity, provided that Employee shall continue to have the same
duties and responsibilities with respect to Employer's business, and Employee
shall report directly to the board of directors of the entity (or individual)
that acquires Employer or its assets.

                  (C) Employer acts to change the geographic location of the
performance of Employee's duties from the San Jose area. For purposes of this
Agreement, the San Jose area shall be deemed to be the area within 60 miles of
San Jose, California.

                  (D) A Material Reduction (as hereinafter defined) in
Employee's rate of base compensation, or Employee's other benefits. "Material
Reduction" shall mean a ten percent (10%) differential;

                  (E) A failure by Employer to obtain the assumption of this
Agreement by any successor;

                  (F) A material breach of this Agreement by Employer, which is
not cured within thirty (30) days of written notice of such breach by Employer;

                  (G) A Change of Control.

               (ii) Anything herein to the contrary notwithstanding, Employee
may terminate this Agreement upon thirty (30) days written notice to Employer.

               (iii) If Employee shall terminate this Agreement under Section
9(b)(i), Employee shall be entitled to receive the lesser of: (a) the remaining
salary due to Employee under this Agreement, or (b) three (3) months salary, at
her then current yearly salary rate, (the SEVERANCE PAYMENT), and Employer shall
pay 100% of the C.O.B.R.A. premiums for three (3) months after such termination.
Other than the Severance Payment and the payment of C.O.B.R.A. premiums
described in this section 9(b)(iii), Employer shall have no further obligation
to compensate Employee pursuant to Section 4 above. If Employee shall terminate
this Agreement pursuant to Section 9(b)(ii), Employee shall not be entitled to
the Severance Payment or any additional compensation as provided in Section 4.

         c. TERMINATION BY BOARD OF DIRECTORS ACTIONS DUE TO ECONOMIC HARDSHIP
OF THE EMPLOYER.

               (i) In the event the Employer, under direction from its board of
directors due to financial distress, is required to take actions that may effect
any or all of the Section 9(b)(i) events (A) through (F), the employee will
waive any right to claim Severance Payments under the provisions of Section(s) 4
or 9(b).

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               (ii) Within thirty (30) days of such board action, Employee may
voluntarily terminate this Agreement with written notice to Employer.

               (iii) If Employee shall terminate this Agreement under Section
9(c)(ii), Employee shall be entitled to receive: (a) three (3) months salary, at
the annual salary rate set forth in section 4(a), (the SEVERANCE PAYMENT), and
Employer shall pay 100% of the C.O.B.R.A. premiums for three (3) months after
such termination. Other than the Severance Payment and the payment of C.O.B.R.A.
premiums described in this section 9(c)(iii), Employer shall have no further
obligation to compensate Employee pursuant to Section(s) 4 or 9(b)above. If
Employee shall terminate this Agreement pursuant to Section 9(c)(iii), Employee
shall not be entitled to the Severance Payment or any additional compensation as
provided in Section 4 or 9(b)above.

         10. CONSEQUENCES OF BREACH BY EMPLOYER; EMPLOYMENT TERMINATION

            a. If the Employer shall terminate Employee's employment under this
Agreement in any way that is a breach of this Agreement by Employer, the
following shall apply:

               (i) Employee shall be entitled to receive the Severance Payment,
and Employer shall pay 100% of the C.O.B.R.A. premiums for twelve (12) months
after such termination. Other than the Severance Payment and the payment of
C.O.B.R.A. premiums described, Employer shall have no further obligation to
compensate Employee pursuant to Section(s) 4 or 9 above; and

               (ii) Employee shall be entitled to payment of any previously
declared bonus as provided in Section 4(a) above.

            b. In the event of termination of Employee's employment pursuant to
Section 9(b)(i) of this Agreement, Sections 8(a) and 8(b) shall apply to
Employee for the number of months remaining under this Agreement at the time of
termination plus a period of six (6) months thereafter.

         11. REMEDIES

            Employer recognizes that because of Employee's special talents,
stature and opportunities in the imaging industry, and because of the special
creative nature of and compensation practices of said industry and the material
impact that individual projects can have on the Company's results of operations,
in the event of termination by Employer hereunder (except under Section 9(a)(i)
or (iii), or in the event of termination by Employee under Section 9(b)(i)
before the end of the agreed term, the Employer acknowledges and agrees that the
provisions of this Agreement regarding further payments of base salary, bonuses
and the exercisability of Rights constitute fair and reasonable provisions for
the consequences of such termination, do not constitute a penalty, and such
payments and benefits shall not be limited or reduced by amounts' Employee might
earn or be able to earn from any other employment or ventures during the
remainder of the agreed term of this Agreement.

         12. EXCISE TAX. In the event that any payment or benefit received or to
be received by Employee in connection with a termination of her employment with
Employer would constitute a "parachute payment" within the meaning of Code
Section 280G or any similar or successor provision to 280G and/or would be
subject to any excise tax imposed by Code Section 4999 or any similar or
successor provision then Employer shall assume all liability for the payment of
any such tax and Employer shall immediately reimburse Employee on a "grossed-up"
basis for any income taxes attributable to Employee by reason of such Employer
payment and reimbursements.

                                      -5-



         13. ATTORNEYS' FEES AND COSTS. If any action at law or in equity is
necessary to enforce or interpret the terms of this Agreement, the prevailing
party shall be entitled to reasonable attorney's fees, costs and necessary
disbursements in addition to any other relief to which he may be entitled.

         14. ENTIRE AGREEMENT; SURVIVAL. This Agreement contains the entire
agreement between the parties with respect to the transactions contemplated
herein and supersedes, effective as of the date hereof any prior agreement or
understanding between Employer and Employee with respect to Employee's
employment by Employer. The unenforceability of any provision of this Agreement
shall not effect the enforceability of any other provision. This Agreement may
not be amended except by an agreement in writing signed by the Employee and the
Employer, or any waiver, change, discharge or modification as sought. Waiver of
or failure to exercise any rights provided by this Agreement and in any respect
shall not be deemed a waiver of any further or future rights.

            b. The provisions of Sections 4, 7, 8, 9(a)(ii), 9(b)(iii), 10, 11,
12, 14, 16, 17 and 18 shall survive the termination of this Agreement.

         15. ASSIGNMENT. This Agreement shall not be assigned to other parties.

         16. GOVERNING LAW. This Agreement and all the amendments hereof, and
waivers and consents with respect thereto shall be governed by the laws of the
State of California, without regard to the conflicts of laws principles thereof.

         17. NOTICES. All notices, responses, demands or other communications
under this Agreement shall be in writing and shall be deemed to have been given
when

            a. delivered by hand;

            b. sent be telex or telefax, (with receipt confirmed), provided that
a copy is mailed by registered or certified mail, return receipt requested; or

            c. received by the addressee as sent be express delivery service
(receipt requested) in each case to the appropriate addresses, telex numbers and
telefax numbers as the party may designate to itself by notice to the other
parties:

               (i) if to the Employer: Sysview Technology, Inc. 1772 Technology
Drive San Jose, CA 95110 Telefax:(408)-490-2801 Telephone:(408)-436-9888

               (ii) if to the Employee:

                    [-----------------]

         18. SEVERABILITY OF AGREEMENT. Should any part of this Agreement for
any reason be declared invalid by a court of competent jurisdiction, such
decision shall not affect the validity of any remaining portion, which remaining
provisions shall remain in full force and effect as if this Agreement had been
executed with the invalid portion thereof eliminated, and it is hereby declared
the intention of the parties that they would have executed the remaining
portions of this Agreement without including any such part, parts or portions
which may, for any reason, be hereafter declared invalid.

                            [SIGNATURE PAGE FOLLOWS]

                                      -6-



               IN WITNESS WHEREOF, the undersigned have executed this agreement
as of the day and year first above written.


EMPLOYEE


Signature: /s/ Carolyn Ellis
- ----------------------------

Printed Name: Carolyn Ellis

Date: November 1, 2007

SYSVIEW TECHNOLOGY, INC.


By: /s/ Darwin Hu
- -----------------

Name: Darwin Hu

Title: Chief Executive Officer

Date: November 1, 2007

                                      -7-

EX-99.2

                                                                    EXHIBIT 99.2


NEITHER THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SHARES ISSUABLE
UPON EXERCISE HEREOF HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT") OR THE SECURITIES LAWS OF ANY STATE. NEITHER THE
SECURITIES REPRESENTED HEREBY MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE
DISPOSED NOR MAY THE SHARES BE ISSUED UPON EXERCISE UNLESS SUCH SECURITIES AND
SHARES ARE REGISTERED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
LAWS OR THE COMPANY RECEIVES AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY
THAT SUCH SALE, TRANSFER, PLEDGE OR ISSUANCE IS EXEMPT FROM REGISTRATION.


                            SYSVIEW TECHNOLOGY, INC.

                             STOCK OPTION AGREEMENT


         THIS STOCK OPTION AGREEMENT (the "Agreement"), is made as of this 1st
day of November 2007 by and between Sysview Technology, Inc., a Delaware
corporation (the "Company"), and Carolyn Ellis ("Optionee").

                                  R E C I T A L

         On November 1, 2007, in connection with the execution of an employment
agreement between the Company and Optionee dated even date herewith ("Employment
Agreement"), the Company's Board of Directors authorized the grant to Optionee
of an option to purchase the number of shares of common stock (the "Common
Shares") of the Company specified in Paragraph 1 hereof, at the price specified
therein, such option to be for the term and upon the terms and conditions
hereinafter stated. The Board of Directors, or such other committee or
individual that the Board of Directors appoints, shall be the "Administrator"
for purposes of this Agreement.

                                A G R E E M E N T

         NOW, THEREFORE, in consideration of the promises and of the
undertakings of the parties hereto contained herein, it is hereby agreed:

         1. Number of Shares; Option Price. Pursuant to said action of the Board
of Directors, the Company hereby grants to Optionee the option ("Option") to
purchase, upon and subject to the terms and conditions hereof, 150,000 Common
Shares of the Company at the price of $0.60 per share ("Exercise Price").

         2. Term. This Option shall expire on the day before the seventh
anniversary of the date hereof (the "Expiration Date") unless such Option shall
have been terminated prior to that date in accordance with the provisions of
this Agreement. The term "Affiliate" as used herein shall have the meaning as
set forth in the Federal Securities laws of the United States.

         3. Shares Subject to Exercise. The Options shall vest and the Common
Shares shall be subject to exercise commencing on the date that is one year from
the date hereof. All Common Shares shall thereafter remain subject to exercise
for the term specified in Paragraph 2 hereof. In the event of a "Change in
Control", as defined in the Employment Agreement, all of the Options shall
immediately vest and become exercisable.

                                      -1-


         4. Method and Time of Exercise. The Option may be exercised by written
notice delivered to the Company at its principal executive office stating the
number of Common Shares with respect to which the Option is being exercised,
together with:

                  (A) a check or money order made payable to the Company in the
amount of the exercise price and any withholding tax, as provided under
Paragraph 5 hereof; or

                  (B) if expressly authorized in writing by the Administrator,
in its sole discretion, at the time of the Option exercise, the tender to the
Company of Common Shares owned by Optionee having a fair market value, as
determined by the Administrator, not less than the exercise price, plus the
amount of applicable federal, state and local withholding taxes; or

                  (C) the Optionee may, at its option, elect to exercise this
Option, in whole or in part and at any time or from time to time, on a cashless
basis, by surrendering this Option, with the purchase form attached to this
Option as Exhibit A duly executed by or on behalf of the Optionee, at the
principal office of the Company, or at such other office or agency as the
Company may designate, by canceling a portion of this Option in payment of the
Exercise Price payable in respect of the number of Common Shares purchased upon
such exercise. In the event of an exercise pursuant to this subsection 4(c), the
number of Common Shares issued to the Holder shall be determined according to
the following formula:

         X = Y(A-B)
             ------
                A

         Where:  X =       the number of Common Shares that shall be issued to
                           the Holder;

                 Y =       the number of Common Shares for which this Option
                           is being exercised (which shall include both the
                           number of Common Shares issued to the Holder and the
                           number of Common Shares subject to the portion of the
                           Option being cancelled in payment of the Exercise
                           Price);

                 A =       the Fair Market Value (as defined below) of one
                           Common Share; and

                 B =       the Exercise Price then in effect.



                           (ii) The Fair Market Value per Common Share shall be
determined as follows:

                  (a) If the Common Shares are listed on a national securities
                  exchange, the Nasdaq, the OTC Bulletin Board or another
                  nationally recognized trading system as of the Exercise Date,
                  which shall be deemed to have been effected immediately prior
                  to the close of business on the business day on which this
                  option shall have been surrendered to the Company as provided
                  in Section 4(c) hereof ("Exercise Date"), the Fair Market
                  Value per Common Share shall be deemed to be the average of
                  the high and low reported sale prices per Common Share thereon
                  on the trading day immediately preceding the Exercise Date, as
                  defined below, (PROVIDED that if the Common Shares are not so
                  listed on such day, the Fair Market Value per Common Share
                  shall be determined pursuant to clause (b) below).

                                      -2-



                  (b) If the Common Shares are not listed on a national
                  securities exchange, the Nasdaq, the OTC Bulletin Board or
                  another nationally recognized trading system as of the
                  Exercise Date, as defined below, the Fair Market Value per
                  Common Share shall be deemed to be the amount most recently
                  determined by the Board of Directors of the Company or an
                  authorized committee of the Board of Directors of the Company
                  (the "Board") to represent the fair market value per share of
                  the Common Shares (including without limitation a
                  determination for purposes of granting common stock options or
                  issuing common stock under any plan, agreement or arrangement
                  with employees of the Company); and, upon request of the
                  Optionee, the Board (or a representative thereof) shall, as
                  promptly as reasonably practicable but in any event not later
                  than 15 days after such request, notify the Optionee of the
                  Fair Market Value per Common Share. Notwithstanding the
                  foregoing, if the Board has not made such a determination
                  within the three-month period prior to the Exercise Date, as
                  defined below, then (A) the Board shall make, and shall
                  provide or cause to be provided to the Optionee notice of, a
                  determination of the Fair Market Value per Common Share within
                  15 days of a request by the Optionee that it do so, and (B)
                  the exercise of this Option pursuant to this subsection 4(c)
                  shall be delayed until such determination is made and notice
                  thereof is provided to the Optionee.

         Not less than 100 shares may be purchased at any one time unless the
number purchased is the total number purchasable under such Option at the time.
Only whole shares may be purchased.

         5. Tax Withholding. As a condition to exercise of this Option, the
Company may require Optionee to pay over to the Company all applicable federal,
state and local taxes which the Company is required to withhold with respect to
the exercise of this Option. At the discretion of the Administrator and upon the
request of Optionee, the minimum statutory withholding tax requirements may be
satisfied by the withholding of Common Shares otherwise issuable to Optionee
upon the exercise of this Option.

         6. Termination of Option. In the event that Optionee terminates its
employment pursuant to Section 9(b)(ii) of the Employment Agreement, all Options
not then vested shall immediately terminate.

         7. Nontransferability. Except with the express written approval of the
Administrator, this Option may not be assigned or transferred except by will,
qualified domestic relations order or by the laws of descent and distribution,
and may be exercised only by Optionee during his lifetime and after his death,
by his personal representative or by the person entitled thereto under his will
or the laws of intestate succession.

         8. Optionee Not a Shareholder. Optionee shall have no rights as a
shareholder with respect to the Common Shares of the Company covered by this
Option until the date of issuance of a stock certificate or stock certificates
to him upon exercise of this Option. No adjustment will be made for dividends or
other rights for which the record date is prior to the date such stock
certificate or certificates are issued.

         9. No Right to Employment. Nothing in the Option granted hereby shall
interfere with or limit in any way the right of the Company or of any of its
Affiliates to terminate Optionee's employment or consulting at any time, nor
confer upon Optionee any right to continue in the employ of, or consult with,
the Company or any of its Affiliates.

         10. Anti-dilution Adjustment.

                                      -3-



                  10.1 Stock Dividends, Stock Splits, Etc. If the Company
declares or pays a dividend on its Common Stock payable in Common Stock or other
securities, or subdivides the outstanding Common Stock into a greater amount of
Common Stock, then upon exercise of this Option, for each Common Share acquired,
Optionee shall receive, without cost to Optionee, the total number and kind of
securities to which Optionee would have been entitled had Optionee owned the
Common Shares of record as of the date the dividend or subdivision occurred.

                  10.2 Reclassifications, Exchange or Substitution. Upon any
reclassification, exchange, substitution, or other event that results in a
change of the number and/or class of the securities issuable upon exercise of
this Option, Optionee shall be entitled to receive, upon exercise of this
Option, the number and kind of securities and property that Optionee would have
received for the Common Shares if this Option had been exercised immediately
before such reclassification, exchange, substitution, or other event. The
Company or its successor shall promptly issue to Optionee a new Option for such
new securities or other property. The new Option shall provide for adjustments
which shall be as nearly equivalent as may be practicable to the adjustments
provided for in this Section 10.2, including, without limitation, adjustments to
the Exercise Price and to the number of securities or property issuable upon
exercise of the new Option. The provisions of this Section 10.2 shall similarly
apply to successive reclassifications, exchanges, substitutions, or other
events.

                  10.3 Adjustments for Combinations, Etc. If the outstanding
shares of Common Stock are combined or consolidated, by reclassification or
otherwise, into a lesser number of shares, the Exercise Price shall be
proportionately increased.

                  10.4 Merger or Consolidation. In case of any consolidation of
the Company with, or merger of the Company into any other corporation, or in the
case of any sale or conveyance of all or substantially all of the assets of the
Company other than in connection with a plan of complete liquidation of the
Company, then as a condition of such consolidation, merger or sale or
conveyance, adequate provision will be made whereby the registered holder of the
Option will have the right to acquire and receive upon exercise of this Option
in lieu of the shares of Common Stock immediately theretofore subject to
acquisition upon the exercise of this Option, such shares of stock, securities
or assets as may be issued or payable with respect to or in exchange for the
number of shares of Common Stock immediately theretofore subject to acquisition
and receivable upon exercise of this Option had such consolidation, merger or
sale or conveyance not taken place. In any such case, the Company will make
appropriate provision to insure that the provisions of this Section 10 hereof
will thereafter be applicable as nearly as may be in relation to any shares of
stock or securities thereafter deliverable upon the exercise of this Option.

         11. Restrictions on Sale of Common Shares. Optionee represents and
agrees that upon his exercise of this Option, in whole or in part, unless there
is in effect at that time under the Securities Act a registration statement
relating to the Common Shares issued to him, he will acquire the Common Shares
issuable upon exercise of this Option for the purpose of investment and not with
a view to their resale or further distribution, and that upon such exercise
thereof he will furnish to the Company a written statement to such effect,
satisfactory to the Company in form and substance. Optionee agrees that any
certificates issued upon exercise of this Option may bear a legend indicating
that their transferability is restricted in accordance with applicable state and
federal securities law. Any person or persons entitled to exercise this Option
under the provisions of Paragraphs 5 and 6 hereof shall, upon each exercise of
this Option under circumstances in which Optionee would be required to furnish
such a written statement, also furnish to the Company a written statement to the
same effect, satisfactory to the Company in form and substance.

         12. Notices. All notices to the Company shall be addressed to the Chief
Financial Officer at the principal executive office of the Company, and all
notices to Optionee shall be addressed to Optionee at the address of Optionee on
file with the Company or its subsidiary, or to such other address as either may
designate to the other in writing. A notice shall be deemed to be duly given if
and when enclosed in a properly addressed sealed envelope deposited, postage
prepaid, with the United States Postal Service. In lieu of giving notice by mail
as aforesaid, written notices under this Agreement may be given by personal
delivery to Optionee or to the Chief Financial Officer (as the case may be).

                                      -4-



         13. Sale or Other Disposition. If Optionee at any time contemplates the
disposition (whether by sale, gift, exchange, or other form or transfer) of any
Shares acquired by exercise of this Option, he or she shall first notify the
Company in writing of such proposed disposition and cooperate with the Company
in complying with all applicable requirements of law, which, in the judgment of
the Company, must be satisfied prior to such disposition.

                          [SIGNATURE ON FOLLOWING PAGE]







                                      -5-



         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date and year first above written.

                                                     SYSVIEW TECHNOLOGY, INC.


                                                     By :     /S/ DARWIN HU
                                                              -----------------
                                                     Name:    Darwin Hu
                                                     Title:   Chairman and CEO



OPTIONEE



By :   /S/ CAROLYN ELLIS
       -------------------
Name:  Carolyn Ellis

Address:






                                    EXHIBIT A
                                  PURCHASE FORM

  To: Sysview Technology, Inc.                                Dated:____________

         The undersigned, pursuant to the provisions set forth in the attached
option, hereby elects to purchase (CHECK APPLICABLE BOX):

_________ shares of the Common Stock of Sysview Technology, Inc. covered by such
 Option; or

the maximum number of shares of Common Stock covered by such Option pursuant to
the cashless exercise procedure set forth in subsection 4(c).

         The undersigned herewith makes payment of the full Exercise Price for
such shares at the price per share provided for in such Option. Such payment
takes the form of (CHECK APPLICABLE BOX OR BOXES):

$______ in lawful money of the United States; and/or

the cancellation of such portion of the attached Option as is exercisable for a
total of _____ Common Shares (using a Fair Market Value of $_____ per share for
purposes of this calculation) ; and/or

the cancellation of such number of Option Shares as is necessary, in accordance
with the formula set forth in subsection 4(c), to exercise this Option with
respect to the maximum number of Option Shares purchasable pursuant to the
cashless exercise procedure set forth in subsection 4(c).

                                  ----------------------------------------
                                  Print or Type Name

                                  ----------------------------------------
(Signature must conform in all respects to name of holder as specified on the
face of the Option)

                                  ----------------------------------------
                                  (Street Address)

                                  ----------------------------------------
                                  (City) (State) (Zip Code)

                                      -6-