Exhibit 3
JOINT FILING AGREEMENT
This will confirm the agreement by and between the
undersigned that the Amendment No.1 to Schedule 13D filed on or about this date
with respect to beneficial ownership by the undersigned of shares of the Common
Stock, par value $0.001 per share, of Level 8 Systems, Inc. is being filed on
behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the
Securities Exchange Act of 1934. This agreement may be executed in counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.
Dated: January 31, 2002
XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED
By: /s/ Xxxxxxxx X. Xxxxxxxx
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Name: Xxxxxxxx X. Xxxxxxxx
Title: Assistant Secretary
XXXXXXX XXXXX GROUP, INC.
By: /s/ Xxxxxx Xxxxxxx
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Name: Xxxxxx Xxxxxxx
Title: Secretary
XXXXXXX XXXXX & CO., INC.
By: /s/ Xxxxxxxx X. Xxxxxxxx
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Name: Xxxxxxxx X. Xxxxxxxx
Title: Assistant Secretary
MLBC, INC.
By: /s/ Xxxxxxxx X. Xxxxxxxx
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Name: Xxxxxxxx X. Xxxxxxxx
Title: Assistant Secretary