EX-4.48 3 ex_4-48.txt EXHIBIT 4.48 Daniel S. Clevenger, Esq. Markland Technologies, Inc. March 29, 2005 via E-mail and First Class mail Warrant Holder Re: Warrant Exercise Price adjustment Dear Mr. []: Reference is made to that certain warrant No. CS -[] to purchase [] shares of the Common Stock of Markland Technologies, Inc. ("Markland" or the "Company"), and dated [], 2005 (the "Warrant"). In accord with the understanding reached between you, the Warrant holder, and the Company, the exercise price of the Warrant is hereby reduced to $0.34 per share. All other terms of the Warrant shall remain the same and in full force and effect. If you have any questions or concerns regarding this matter, please do not hesitate to contact me. Very Truly Yours, Daniel S. Clevenger, Esq. General Counsel Markland Technologies, Inc. II-20