GUARANTY IN FAVOR OF MVP3

Published on May 20, 2003


GUARANTY
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THIS GUARANTY is made and entered into at Naples, Florida, to be effective
as of the 15th day of April, 2003, by the undersigned, neogenomics, inc., a
Nevada corporation (hereinafter referred to as the "Guarantor"), in favor of MVP
3, LP, a Delaware limited partnership (hereinafter referred to as "MVP").

R E C I T A L S
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WHEREAS, pursuant to the terms hereof and of that certain Loan and Security
Agreement by and between Neogenomics, Inc., a Florida corporation (hereinafter
referred to as the "Borrower"), Guarantor, and MVP dated of even date herewith
(as the same may be amended, modified, restated, extended and/or replaced from
time to time, the "Loan Agreement"), MVP has agreed to lend to Borrower (i) up
to the maximum sum of One Million Five Hundred Thousand Dollars (hereinafter
referred to as the "Loan"), as evidenced by that certain Note of even date
herewith in the amount of One Million Five Hundred Thousand Dollars
($1,500,000.00), as the same may be amended, modified, restated, extended and/or
replaced from time to time (hereinafter referred to as the "Note").

WHEREAS, Guarantor is the parent of Borrower.

NOW, THEREFORE, for good and valuable consideration received by the Guarantor,
the receipt and sufficiency of which are hereby acknowledged, and in order to
induce any person or persons who may be and become the holder of the Notes to
accept the same, the Guarantor hereby agrees as follows:

1. The Guarantor hereby unconditionally, absolutely and irrevocably
guarantees, for the benefit of each and every present and future holder or
holders, from time to time, of the Notes (all herein called the "Obligees"), the
full and prompt payment to the Obligees at maturity (whether at the stated
maturities thereof, or by acceleration or otherwise) of any and all of the
indebtedness of the Borrower evidenced by the Notes, together with all other
obligations and liabilities of the Borrower to MVP and/or any affiliate of MVP,
whether now existing or hereafter incurred, as the same or any part thereof may
from time to time be amended, extended, restated, replaced, and/or modified (all
of which indebtedness, obligations and liabilities being herein called the
"Indebtedness"), and the full and prompt performance and observance by the
Borrower of all of the warranties, covenants and agreements provided by the Note
and any other instruments made and delivered, now or hereafter, in connection
with the Note or the Indebtedness (all herein called the "Loan Documents"), to
be performed and observed by the Borrower (herein called the "Obligations"); and
to this end the Guarantor covenants and agrees to take all such actions
necessary to enable the Borrower to pay the Indebtedness and to observe and
perform each and every Obligation, and to refrain from taking any action which
would prevent the Borrower from paying the Indebtedness or observing and
performing each and every Obligation.



The Guarantor acknowledges and confesses that it will be of substantial economic
benefit to the Guarantor for the Borrower to issue the Notes and incur the
Indebtedness. Guarantor represents and warrants to MVP that it has received
value which is reasonably equivalent to its Guaranty hereunder, and that it is
not rendered insolvent by delivery of this Guaranty.

2. This Guaranty shall be a continuing guaranty, shall be binding upon
the Guarantor and upon its respective heirs, administrators, successors, legal
representatives and assigns, and shall remain in full force and effect, and
shall not be discharged, impaired or affected by (a) the existence or
continuance of any obligation on the part of the Borrower or any other guarantor
on or with respect to the Indebtedness or any Obligation under the Notes, or any
other Loan Document; (b) the power or authority (or any lack thereof) of the
Borrower to issue the Notes or to execute, acknowledge or deliver the Notes or
any other Loan Document; (c) the validity or invalidity of the Notes or any
other Loan Document; (d) any defense whatsoever that the Borrower or any other
guarantor may or might have to the payment of the Indebtedness or to the
performance or observance of any of the Obligations; (e) any limitation or
exculpation of liability on the part of the Borrower; (f) the existence or
continuance of the Borrower as a legal entity; (g) the transfer of all or any
part of Borrower's assets to any other corporation, person or entity; (h) any
sale, pledge, surrender, indulgence, alteration, substitution, exchange, change
in, increase in, extension, modification or other disposition of any of the
Indebtedness, or any of the Obligations, all of which the Obligees are hereby
expressly authorized to make from time to time without notice to the Guarantor
or to anyone; (i) the acceptance by the Obligees, or any of them, of any
security for, or other guarantors upon, all or any part of the Indebtedness or
the Obligations; (j) any failure, neglect or omission on the part of the
Obligees, or any of them, to realize or protect any of the Indebtedness or any
collateral or security therefor, or to exercise any lien upon or right or
appropriation of any moneys, credits or property of the Borrower toward the
liquidation of the Indebtedness or any application of payments or credits
thereon; (k) any right, claim or offset which Guarantor may have against
Borrower, or (l) any defense (other than the payment of the Indebtedness and
performance of the Obligations, in accordance with their terms) that the
Guarantor may or might have to its undertakings, liabilities and obligations
hereunder, each and every such defense being hereby waived by the Guarantor; it
being understood and agreed that this Guaranty, and the undertakings,
liabilities and obligations of the Guarantor hereunder, are absolute and
unconditional and shall not be affected, discharged, impaired or varied by any
act, omission or circumstance whatsoever (whether or not specifically enumerated
above) except the due and punctual payment of the Indebtedness and performance
of the Obligations, and then only to the extent thereof.

The Obligees shall have the exclusive right to determine how, when and what
application of payments and credits, if any, shall be made on the Indebtedness
or the Obligations, or any part thereof; and in order to hold the Guarantor
liable hereunder, there shall be no obligation on the part of any Obligee, or
anyone, at any time, to proceed against the Borrower, its properties or estates,
or to proceed against any other guarantor, or to resort to any collateral,
security, property, liens or other rights or remedies whatsoever.

3. The death or dissolution of any guarantor shall not terminate or
limit this Guaranty as to any surviving or existing Guarantor, and shall not
terminate this Guaranty as to the estate of any deceased Guarantor or the
property of any dissolved Guarantor.

4. The Obligees, or any of them, shall have the right to enforce this
Guaranty against any Guarantor for and to the full amount of the Indebtedness,
with or without enforcing or attempting to enforce this Guaranty against any
other guarantor or any security for the obligation of any of them, and whether
or not proceedings or steps are pending or have been taken or have been
concluded to enforce or otherwise realize upon the obligation or security of the
Borrower or any other guarantor; and the payment of any amount or amounts by
Guarantor, pursuant to its obligation hereunder or under any other guaranty
instrument, shall not in any way entitle Guarantor, either at law, in equity or
otherwise, to any right, title or interest (whether by way of subrogation or
otherwise) in and to any of the Indebtedness, or any principal or interest
payments theretofore, then or thereafter at any time made by the Borrower on the
Indebtedness, or made by anyone on behalf of the Borrower, or in and to any
security therefor, unless and until the full amount of the Indebtedness has been
fully paid.

5. No release or discharge of any other guarantor or any other person
liable for payment of the Indebtedness or granting collateral therefor shall
release or discharge Guarantor unless and until all of the Indebtedness shall
have been fully paid and discharged and all Obligations shall have been fully
performed.

6. No act of commission or omission of any kind, or at any time, on the
part of any Obligee, in respect to any matter whatsoever, shall in any way
affect or impair this Guaranty, and time is of the essence hereof.

7. All diligence in collection or prosecution, and all presentment,
demand, protest and/or notice, as to the Guarantor, of dishonor and of default
and of non-payment and of the creation and existence of any and all of the
Indebtedness or of performance or non-performance of any Obligation, and of any
security and collateral therefor, and of the acceptance of this Guaranty, and of
any and all extensions of credit and indulgence hereunder, are expressly waived
by the Guarantor.

8. Notwithstanding any modification, discharge or extension of the
Indebtedness or any amendment, modification, stay or cure of the Obligees'
rights under the Notes or other Loan Documents which may occur in any bankruptcy
or reorganization case or proceeding affecting the Borrower, whether permanent
or temporary, and whether or not assented to by any of the Obligees, the
Guarantor hereby agrees that it shall be obligated hereunder to pay the
Indebtedness and discharge the other Obligations in accordance with the terms of
the Notes and other Loan Documents and the terms of this Guaranty as in effect
on the date hereof. Guarantor understands and acknowledges that by virtue of
this Guaranty it has specifically assumed any and all risks of a bankruptcy or
reorganization case or proceeding affecting the Borrower; and, as an example and
not by way of limitation, a subsequent modification of the Notes or any of the
other Loan Documents in any reorganization case concerning the Borrower or any
other guarantor, shall not affect the obligation of the Guarantor to pay the
Notes and all other Indebtedness and to perform and observe all Obligations in
accordance with the original terms thereof.

9. Guarantor hereby agrees that if at any time all or any part of any
payment theretofore applied by any of the Obligees to any Indebtedness is
rescinded or returned by any of the Obligees for any reason whatsoever
(including, without limitation, the insolvency, bankruptcy, liquidation or
reorganization of any party), the Indebtedness shall, for the purposes of this
Guaranty, be deemed to have continued in existence to the extent of such
payment, notwithstanding such application by any of the Obligees, and this
Guaranty shall continue to be effective or be reinstated, as the case may be, as
to the Indebtedness, all as though such application by any of the Obligees had
not been made.

10. In addition to all other amounts payable by Guarantor hereunder,
the Guarantor hereby agrees to pay to Obligees upon demand any and all costs and
expenses, including court costs and reasonable attorneys' fees, to the fullest
extent not prohibited by applicable law, which the Obligees or any of them may
incur (a) in preparing to enforce, or in enforcing the obligations of the
Guarantor hereunder; or (b) in preparing to collect or enforce the Indebtedness
and the Obligations or in collecting or enforcing the same, in each case whether
or not suit or action is filed.

11. Guarantor hereby acknowledges that the transactions relating to the
Indebtedness, the Obligations, the Loan Documents and this Guaranty were
negotiated in the State of Florida and that this Guaranty shall be interpreted
under and governed by the law of the State of Florida.

12. Guarantor hereby unconditionally and irrevocably agrees that
Guarantor will not at any time assert against Borrower or any other guarantor
(or Borrower's or such guarantor's estate if Borrower or such guarantor becomes
bankrupt or becomes the subject of any case or proceeding under the bankruptcy
law of the United States) any right or claim to indemnification, reimbursement,
contribution or payment for or with respect to any and all amounts Guarantor
may pay or be obligated to pay Obligees, including, without limitation, the
Indebtedness, and any and all Obligations which Guarantor may perform, satisfy
or discharge, under or with respect to this Guaranty and waives and releases all
such rights and claims to indemnification, reimbursement, contribution or
payment which Guarantor may have now or at any time against Borrower or any
other guarantor (or Borrower's or such guarantor's estate if Borrower or such
guarantor becomes bankrupt or becomes the subject of any case or proceeding
under the bankruptcy laws of the United States). Guarantor further
unconditionally and irrevocably agrees that it shall have no right of
subrogation, and waives any right to enforce any remedy which Obligees now have
or may hereafter have against Borrower or any other guarantor, and any security
now or hereafter held by Obligees, and waives any defense based upon an election
of remedies by Obligees, which destroys or otherwise impairs any subrogation
rights of Guarantor or the right of Guarantor to proceed against Borrower or any
other guarantor for reimbursement, or both.


13. In addition to and independent of any other obligation or liability
under this Guaranty, Guarantor hereby covenants, represents, and warrants to the
Obligees as follows:

(a) Guarantor has an economic interest in the Borrower and an interest
in the success of the Borrower;

(b) Any and all balance sheets, net worth statements and other
financial data with respect to Guarantor which have heretofore been given to
Obligees by or on behalf of Guarantor fairly and accurately present the
financial condition of Guarantor as of the respective dates thereof, and, since
the respective dates thereof, there has been no materially adverse change in the
financial condition of Guarantor;

(c) Guarantor has the financial ability to pay, and will fully pay,
satisfy and discharge its obligations and liabilities under the Loan Documents
and any documents executed and delivered by Guarantor to Borrower to evidence
any payment obligations owed by Guarantor to Borrower;

(d) The execution, delivery and performance by the Guarantor of this
Guaranty does not and will not contravene or conflict with (i) any law, order,
rule, regulation, writ, injunction or decree now in effect of any government,
governmental instrumentality or court having jurisdiction over the Guarantor, or
(ii) any contractual restriction binding on or affecting the Guarantor or the
Guarantor's property or assets;

(e) This Guaranty creates legal, valid and binding obligations of the
Guarantor enforceable against Guarantor in accordance with its terms;

(f) Guarantor has disclosed all events, conditions and facts known to
Guarantor which could have any material adverse effect on the financial
condition of the Guarantor. No representation or warranty by Guarantor
contained herein, nor any schedule, certificate or other document now or
hereafter furnished by Guarantor to MVP in connection with this Guaranty, the
Loan Agreement or any other Loan Document, contains any material misstatement of
fact or omits to state a material fact or any fact necessary to make the
statements contained therein not misleading;

Guarantor hereby indemnifies the Obligees and agrees to defend and hold harmless
the Obligees from and against: (y) any loss, cost, damage or expense occurring
by reason of a breach of the foregoing representations and warranties; and (z)
the loss, mitigation, subordination or other consequences adverse to the
Obligees by reason of this Guaranty being challenged as a preference or
suffering any other subjugation under any bankruptcy or other law, whether state
or federal, affecting debtors, creditors and/or the relationship between and
among them. Without limiting the generality of the foregoing, any and all debts
and obligations of the Borrower to Guarantor whether past, present or future,
are hereby waived, satisfied and discharged.

14. The covenants, representations, and warranties of Guarantor
contained herein are in addition to the covenants, representations, and
warranties contained in the Loan Agreement.

15. This Guaranty shall continue to be effective, or be reinstated, as
the case may be, if at any time any whole or partial payment of the Indebtedness
or performance of any of the Obligations is or is sought to be rescinded or must
otherwise be restored or returned by MVP upon the insolvency, bankruptcy,
dissolution, liquidation or reorganization of the Borrower or upon or as a
result of the appointment of a receiver, intervenor or conservator of, or
trustee or similar officer for, the Borrower or of or for any substantial part
of any property securing the loan, or otherwise, all as though such payments or
performance had not been made. This Guaranty shall not be affected in any way
by the transfer or other disposition of any property granted as collateral for
the repayment of the Indebtedness, whether by deed, operation of law or
otherwise.

16. No amendment or waiver of any provision of this Guaranty nor
consent to any departure therefrom by the Guarantor shall in any event be
effective unless the same shall be in writing and signed by MVP, and then such
waiver or consent shall be effective only in the specific instance and for the
specific purpose for which given.

17. WAIVER OF RIGHT TO TRIAL BY JURY. GUARANTOR HEREBY UNCONDITIONALLY
--------------------------------
AND IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT,
COUNTERCLAIM OR CROSS-CLAIM ARISING IN CONNECTION WITH, OUT OF OR OTHERWISE
RELATING TO THE NOTES, THE GUARANTY, AND/OR THE LOAN DOCUMENTS, AND ANY
COLLATERAL OR ANY TRANSACTION ARISING THEREFROM OR RELATED HERETO.

18. All notices and other communications provided for hereunder shall
be in writing and mailed or delivered to the addresses indicated below; or as to
each party at such other address as shall be designated by such party in a
written notice to the other parties, and all such notices and other
communications shall, when mailed, be effective when deposited in the mails
addressed as follows:





(a) If to Guarantor: Neogenomics, Inc.
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1726 Medical Blvd., Suite 101
Naples, FL 34110
Attention: Michael Dent

(b) If to MVP: MVP, LP
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1740 Persimmon Drive
Naples, FL 34109
Attention: Steven Jones


19. Any Obligee may, without any notice whatsoever to anyone, sell,
assign or transfer or grant participations in all or any part of the
Indebtedness, and in any and every such event, each and every immediate and
successive assignee, transferee, holder of or participant in all or any part of
the Indebtedness shall have the right to enforce this Guaranty by suit or
otherwise, for the benefit of such assignee, transferee, holder or participant,
as fully as if such assignee, transferee, holder or participant were herein by
name specifically given such rights, powers and benefits.

20. This Guaranty, and each and every part hereof, shall be binding
upon the Guarantor and upon the heirs, executors, administrators, legal
representatives, successors and assigns of the Guarantor, and shall inure to the
benefit of each and every future holder of the NOTES or any interest in the
Indebtedness.

21. The delivery of the NOTES for value to any person shall, without
more, constitute conclusive evidence of the acceptance hereof, and of the
reliance hereon by each and every from time to time holder of the NOTES or any
interest in the Indebtedness.

22. As used herein, the masculine gender shall include the feminine and
neuter genders, and the singular case shall include the plural and the plural
the singular, wherever the same may be applicable.

IN WITNESS WHEREOF, the Guarantor has signed this Guaranty as of the date
first above written.



Employee Identification No.:
_________________________

NEOGENOMICS, INC., a Nevada corporation

By: _________________________________
Its: _________________________________