CONSULTING AGREEMENT



          THIS CONSULTING AGREEMENT ("Consulting  Agreement") is effective as of

April  23,2003  ("Effective  Date"),  and is by and between  CALYPTE  BIOMEDICAL

CORP., a Delaware  corporation,  having its principal  place of business at 1265

Harbor Bay Pkwy, Alameda,  Ca. 94502 (hereinafter  referred to as the "Company")

and JUNEBUG ENTERPRISES, having its principal place of business at 9100 Wilshire

Blvd.  Ste.  700E,  Beverly  Hills,  Ca. 90212  (hereinafter  referred to as the

"Consultant").





                                R E C I T A L S:



          WHEREAS,  the Company  desires to obtain the services of Consultant as

an independent contractor to render consulting services to the Company under the

terms and conditions contained herein; and



          WHEREAS,  the Consultant  desires to provide service as an independent

contractor to the Company under the terms and conditions contained herein;



                  NOW,  THEREFORE,  IN CONSIDERATION OF THE MUTUAL COVENANTS AND

                  PROMISES  AND  OTHER  GOOD  AND  VALUABLE  CONSIDERATION,  THE

                  RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED, IT IS MUTUALLY AGREED

                  AS FOLLOWS:



                               A G R E E M E N T:

                                -----------------

1. GENERAL CONSULTING TERMS.



         1.1 CONSULTING PERIOD.  The Company hereby retains the Consultant,  and

the  Consultant  hereby  agrees  to  serve  the  Company  for  the  period  (the

"Consulting Period") beginning April 23, 2003 and ending on April 22, 2006.







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                  During the term of the within Consulting Agreement, Consultant

agrees to provide the  services of Earvin  "Magic"  Johnson to fulfill all terms

and obligations held within this agreement  beginning with but not limited to as

follows, to be available for eight (8) personal  appearances  annually on behalf

of the  Company,  subject to the  Company's  providing  twenty (20) days written

notice as to the date,  time, and location of the appearance.  Attendance at two

of the board meetings will fulfill two (2) of the eight (8) personal appearances

and the production of one (1) public service announcement (PSA), as described in

Section 1.2 hereinbelow,  will fulfill one (1) appearance.  Appearances shall be

limited to a two (2) hour maximum time limit, per each appearance, not including

travel time to and from the scheduled appearance.  The Company agrees to provide

first class travel arrangements, hotel accommodations, and per diem for meals as

required,  for  each  of  the  personal  appearances  provided  for  herein  for

Consultant, and personal assistant.



         1.2 CONSULTING  OBLIGATION.  During the Consulting  Period,  Consultant

will render such consulting and advising  services as an independent  contractor

to the Company,  primarily in connection  with the marketing (use of likeness in

product and company brochures,  use as spokesperson in PSA program, trade shows,

marketing programs),  distribution,  and sale of the Company's products, as well

as  meet  with  potential  investors  and  government  affairs  support.  It  is

understood  and  agreed  that  the  consulting   services  to  be  rendered  and

appearances will be mutually agreed upon by the Consultant and the Company.  All

uses of Consultant's  name,  likeness or image shall be subject to prior written

consent by consultant, which shall not be unreasonably withheld.



         1.3  COMPENSATION.  The Company  agrees to pay to Consultant the sum of

$1,000,000 per annum payable as follows:  $250,000  within seven (7) days of the

execution of the within  Agreement;  an additional  $250,000 payable thirty (30)

days from the date of the initial  payment;  and the balance of $500,000 payable

in equal  payments  of  $125,000





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quarterly thereafter on the last day of each quarter,  which shall be determined

as of the  Effective  Date.  For each  year  thereafter,  Company  agrees to pay

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