<PAGE>   1
                         SOFTWARE ACQUISITION AGREEMENT

             THIS AGREEMENT MADE AS OF THE 1ST DAY OF OCTOBER, 1998

BETWEEN:

          EMC Communications Inc., a corporation incorporated under the laws of
     the Province of British Columbia (Hereinafter referred to as "EMC")

AND:

     Nifco Synergy Ltd., a company formed under the laws of the Province of
British Columbia (Hereinafter referred to as "Nifco")

WHEREAS Nifco is owner of 40% of certain of the property rights in the Work as
hereinafter defined;

AND WHEREAS EMC desires to acquire the ownership interest in the Work for the
purpose of reproducing, marketing and distributing such Work in order to obtain
income therefrom;

NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the mutual
covenants hereinafter contained the Purchaser hereby agrees to sell to EMC and
EMC agrees to purchase from Nifco the 40% of ownership in the Work under the
terms and conditions herein specified.


                              PART I -- DEFINITIONS

"Work" means:

(a)  The FamilyWare Software, and all Derivatives, Modules and Products thereto;

     o    FamilyWare Software engine -- written in Visual C++, using an ODBC
          interface to FoxPro database. This software engine is a powerful, 4th
          generation software product which has been used to develop all
          FamilyWare titles

     o    Family Christmas (all versions): A Windows software product which
          includes Christmas planning information, such as holiday scheduler,
          individual wish lists, shopping lists, and Christmas Card sent and
          received records

     o    Family BabyBook (all versions): A Windows software product which
          allows users to record all of the important details and precious
          memories of your

<PAGE>   2

          baby's first years -- height and weight, baby's "firsts", medical --
          information, scanned photographs, and more. Family BabyBook can be
          viewed on screen or in printed form and duplicated for far away family
          members.

     o    Family Valuables (all versions): A Windows software product which
          keep track of everything you own, from the family car to your
          children's toys. Record every belonging with its source, cost,
          location, appraisal and scanned image or photograph.


     o    FamilyPets (all versions): A Windows software product designed to help
          pet owners take better care of their pets today, while at the same
          time creating a lasting record including photographs and memorable
          moments.

(b)  All trademarks, patents, copyrights, intellectual property, applications
     and pending applications, routines and subroutines; and all documentation
     related to the product.

(c)  All documentation, training and marketing materials in support of the
     FamilyWare Software, and the business plan for the development, marketing
     and distribution of the FamilyWare Software; and

(d)  All contracts, agreements and arrangements outstanding or pending with
     respect to the licensing, sale, support, maintenance, distribution or
     manufacturing of any of the above.


PART II -- PURCHASE AND OWNERSHIP

2.   WARRANTY OF OWNERSHIP

Nifco represents and warrants that is it the owner of 40% of the Work and holds
legal and beneficial title to the Ownership Percentage of the Work including all
pending trademark, trade secrets, patents, copyrights and intellectual property
rights. Furthermore, Nifco represents that no third party has any legal or
beneficial interest or pending intellectual rights in the Work.

3.   PAYMENT OF PURCHASE PRICE

The Seller hereby agrees to sell to the Purchaser 40% Ownership Percentage in
the Work for $1,000,000 CND DLLs.

The Purchaser agrees to make payment of the purchase price by:

(a)  Cash deposit of $150,000 (One hundred and fifty thousand Canadian dollars)
     CND DLLs on or before June 15, 1998

<PAGE>   3

(b)  Cash deposit of $75,000 (Seventy five thousand Canadian dollars) CND DLLs
     on or before July 15, 1998

(c)  Cash deposit of $75,000 (Seventy five thousand Canadian dollars) CND DLLs
     on or before August 15, 1998

(d)  A Promissory Note, due October 1st, 2015, in the amount of $700,000 (Seven
     hundred thousand dollars Canadian dollars) CND Dollars.

and pay on the 31st of December each year the interest on the principal balance
from time to time outstanding at the lesser of 4% or the prescribed rate
compounded annually.

4.   SECURITY

The purchaser acknowledges that the Promissory Note is evidence of a promise to
pay the balance of the purchase price to the Vendor and hereby grants the Vendor
a purchase-money security interest in the work and a general and continuing
security interest form payment and performance of all obligations hereunder in
the form of a Security Agreement attached to as Schedule "A"

5.   APPLICATION OF DISTRIBUTABLE CASH

Subject to paragraph 3 of Part III, until such time as the principal and accrued
interest due and pursuant to the terms and conditions of the promissory Note
has been repaid in full, the purchaser agrees to apply its Distributable Cash,
derived from the and pertaining to this Agreement and the Work as follows:

     a) Firstly, an amount equal to all accrued and unpaid interest owing under
the Promissory Note; and

     b) Secondly, 45% of the balance to be paid to the Vendor on
account of principal owing pursuant to the terms of the Promissory Note; and

     c) Thirdly, the balance to be retained by the Purchaser for its own use.

6.   TAXES

EMC shall be responsible for all goods and services tax payable on the purchase
of the Work. Nifco agrees to cooperate with EMC in facilitating its application
for an input tax credit with respect to such payment.

7.   TRANSFER OF TITLE TO THE WORK

Nifco hereby acknowledges and agrees that on October 1st, 1998 EMC shall own a
percentage equal to the Ownership Percentage in any and all rights, title and
interest now and in the future existing in and to the Work, as at before and
after the date hereof, and Nifco covenants that it shall not, directly or
indirectly, contest such ownership in any manner whatsoever, apply to register
any patent, copyright or trade-mark in connection therewith, or apply for any
other form of intellectual property protection relating to the Work without
prior notice to and content of EMC.

8.   COPYRIGHTS AND INTELLECTUAL PROPERTY RIGHTS

(a)  Nifco acknowledges that any and all of the trade names, copyrights and
     other intellectual property rights used or embodied or in connection with
     the Work shall vest in and remain the sole property of EMC in proportion to
     its Ownership and Nifco

<PAGE>   4

     shall not, directly or indirectly, at any time thereafter in any way
     question or dispute such rights;

(b)  In the event that Derivatives, inventions, designs, processes or
     developments are created, designed or evolve in regards to the Work, Nifco
     acknowledges and agrees that the same shall belong to EMC in proportion to
     its Ownership Percentage;

(c)  Nifco shall not write, rewrite or create software or products for itself or
     any other party which is so similar to the Work or the Products that such
     software and products may infringe the copyright for passing off or any
     other rights of EMC relation to the Work.


PART III -- GENERAL

1.   LAW OF AGREEMENT

The Agreement shall be governed by and interpreted in accordance with the laws
of the Province of British Columbia and the laws of Canada applicable therein,
as interpreted by the Courts of such province, and the parties irrevocable
attorn to the jurisdiction of the courts of such province.

2.   CURRENCY

Any dollar amounts noted herein are represented in Canadian currency

3.   ENTIRE AGREEMENT

This agreement sets forth all (and is intended by all parties to be an
integration of all) of the representations, promises, agreements and
understandings among the parties hereto with respect to the purchase, sale,
maintenance and development of the Work, and there are no representations,
promises, agreements or understandings, oral or written express or implied,
among them other than as set forth, referred to, or incorporated herein.

4.   GENDER, ETC.

Words importing the singular number only include the plural, and words in the
plural include the singular, and the words importing the masculine gender shall
include the feminine gender and the neuter gender where the context so requires,
and wording importing Person shall include Persons or vice versa.

5.   HEADINGS

The division of this Agreement into sections and the article headings are for
the convenience or reference only and shall not affect the interpretation or
construction of this Agreement.

<PAGE>   5

6.   TIME OF THE ESSENCE

Time shall be of the essence in this Agreement.

7.   WAIVER

No waiver of any provision of this Agreement shall constitute a waiver of any
other provision nor shall any waiver of any provision of this Agreement
constitute a continuing waiver unless otherwise expressly provided.

This Agreement shall be effective as of October 1st, 1998.

Michael Ozerkevich
for
EMC Communications Inc.


Per:
    ------------------------------

Nathan Nifco
for
Nifco Synergy Ltd.

Per:
    ------------------------------


                                   Schedule A

                               Security Agreement

THIS AGREEMENT is made the 1st of October, 1998

BETWEEN

         EMC Communications Inc.
         a corporation incorporated under the laws of the Province of
         British Columbia (hereinafter referred as the "Purchaser")

AND:

         Nifco Synergy Ltd.
         A corporation incorporated under the laws of British Columbia
         (hereinafter referred as the "Vendor"

<PAGE>   6

                                   Schedule A

                               Security Agreement

THIS AGREEMENT is made the 1st of October, 1998

BETWEEN

        EMC Communications Inc.
        a corporation incorporated under the laws of the Province of
        British Columbia (hereinafter referred as the "Purchaser")

AND:

        Nifco Synergy Ltd.
        A corporation incorporated under the laws of British Columbia
        (hereinafter referred as the "Vendor"

WHEREAS all terms capitalized herein and not otherwise defines shall have the
meanings as are ascribed to such terms in the vendor acquisition dated October
1, 1998 entered between the Vendor and the Purchaser (the Software Acquisition
Agreement);

AND WHEREAS pursuant to the terms of the Software Acquisition Agreement, the
Purchaser agreed to purchase an Ownership of the Work (term defined in the
Acquisition Agreement)

AND WHEREAS in consideration of the purchase price for the Ownership Percentage,
the Purchaser (i) paid to the Vendor the amount due on Closing; (ii) issued a
Promissory Note to the Vendor for the balance of the Purchase Price bearing
interest at the rate set out therein, and repayable by installments with the
final installment due on June 30, 2007 (the "Maturity Date");

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and
the covenants and agreements herein contained the parties hereto agree as
follows:


                                 INTERPRETATION

1.1  INTERPRETATION

     In this Agreement, unless something in the subject matter or context is
inconsistent therewith,

     (a)  "AGREEMENT" means this agreement and all amendments made hereto by
          written agreement between the Purchaser and the Vendor;

     (b)  "COLLATERAL" has the meaning set out in Section 2.1;

<PAGE>   7

     (c)  "EVENT OF DEFAULT" has the meaning set out in Section 5.1;

     (d)  "MATERIAL CONTRACTS" has the meaning set out in the Software
          Acquisition Agreement; and

     (e)  "WORK" has the meaning set out in the Software Acquisition Agreement.

     The terms "accessions", "accounts", "instruments", "money", "proceeds" and
"securities" whenever used herein have the meanings given to those terms in the
Personal Property Security Act (British Columbia), as now enacted or as the same
may from time to time be amended, re-enacted or replaced.

1.2  SECTIONS AND HEADINGS

     (a)  The division of this Agreement into Articles and Sections and the
          insertion of headings are for convenience of reference only and will
          not affect the construction or interpretation of this Agreement;

     (b)  the terms "this Agreement", "hereof", "hereunder" and similar
          expressions refer to this Agreement and not to any particular Article,
          Section or other portion hereof and include any agreement supplemental
          hereto; and

     (c)  Unless something in the subject matter or context is inconsistent
          therewith, reference herein to Articles and Sections are to Articles
          and Sections of this Agreement.

1.3  EXTENDED MEANINGS

     In this Agreement words importing the singular number only include the
plural and vice versa, words importing any gender include all genders and words
importing include individuals, partnerships, associations, trusts,
unincorporated organizations corporations.


                           GRANT OF SECURITY INTEREST

2.1  SECURITY INTEREST

     As general and continuing security for the payment and performance of all
obligations and liabilities of the Purchaser to the Vendor pursuant to the
Software Acquisition Agreement, including, the obligation to repay the
Promissory Note, the Purchaser hereby:

     (a)  grants to the Vendor a security interest in, assigns to the Vendor,
          mortgages and charges as and by way of a first fixed and specific
          mortgage and charge to the Vendor and, in the case of the Ownership
          Percentage, pledges all right, title and interest that the Purchaser
          now has or may hereafter have, be possessed of, be entitled to, or
          acquire, by way of amalgamation or otherwise, in the Work;

     (b)  assigns, transfers and conveys to the Vendor all debts, book debts,
          accounts, book accounts, claims, judgments, demands, monies and
          choses in action which now are or may at any time hereafter be due,
          owing or

<PAGE>   8

          accruing due to, or owned by, the Purchaser in connection with the
          Purchaser's Ownership Percentage in the Work, and also all securities,
          instruments, bills, notes, policies and other documents now held or
          owned or which may be hereafter taken, held or owned by the Purchaser
          or anyone on behalf of the Purchaser in respect of the said debts,
          book debts, accounts, book accounts, claims, judgments, demands,
          monies and choses in action, or any part thereof, and also all books,
          papers, documents and records (electronic or otherwise) recording,
          evidencing or relating to the said debts, book debts, accounts, book
          accounts, claims, judgments, demands, monies and choses in action, or
          any part thereof (all of the foregoing being hereinafter collectively
          referred to as the "Assigned Property"); and

     (c)  assigns, transfers and sets over and grants a security interest to the
          Vendor in and to all of the Purchaser's right, title and interest in,
          to and under (including all payments or distributions and securities
          due or to become due to the Purchaser) (i) the Joint Venture
          Agreement, and (ii) the Material Contracts as the same may be amended,
          modified, restated or varied from time to time (collectively, the
          "Assigned Agreements"); provided that the said assignment will not
          render the Vendor liable to observe or perform any term, covenants or
          condition of any of the Assigned Agreements.

(The Work, the Assigned Property and the Assigned Agreements are sometimes
hereinafter collectively referred to as the "Collateral").

2.2  ATTACHMENT OF SECURITY INTEREST

     The Purchaser acknowledges that value has been given and agrees that the
charge and security interest granted hereby will attach when the Purchaser signs
this Agreement and the Purchaser has any rights in the Collateral.

            GENERAL REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE
                                   PURCHASERS

3.1  REPRESENTATIONS AND WARRANTIES

          The Purchaser hereby represents and warrants to the Vendor that:

     (a)  except as otherwise provided herein, the Purchaser is the beneficial
          and sole owner of the Collateral free from any liens, charges,
          security interests, encumbrances or any rights of others which rank
          prior to or pari passu with the security interest, assignment and
          mortgage and charge granted hereby;

     (b)  it has requisite authority, right and power to execute and deliver
          this Agreement and to take all actions required pursuant hereto; and

     (c)  other than pursuant to the Ownership Agreement and the Software
          Acquisition Agreement, there is not now any contract, option or right
          (at law, in equity or otherwise) binding upon the Purchaser to sell,
          assign, charge or encumber the Work.

<PAGE>   9

3.2  COVENANTS

          The Purchaser covenants with the Vendor that the Purchaser will:

     (a)  ensure that the representations and warranties set forth in Section
          3.1 will be true and correct at all times;

     (b)  from time to time forthwith at the request and cost of the Vendor
          execute and deliver all such financing statements, schedules,
          assignments and documents, and do all such further acts and things as
          may be reasonably required by the Vendor to effectively carry out the
          full intent and meaning of this Agreement or to better evidence and
          perfect the security interest, assignment, pledge and mortgage and
          charge granted hereby;

     (c)  not change its name, jurisdiction of incorporation or registered
          office without first giving notice to the Vendor of such change and
          the date when such new change is to become effective; and

     (d)  not, without the prior written consent of the Vendor, create, permit,
          assume, have outstanding or suffer to exist, any assignment, mortgage,
          lien, charge, security interest or other encumbrance on the
          Collateral, or any part thereof, ranking or purporting to rank, prior
          to or pari passu with the security interest created hereby.


                             DEALING WITH COLLATERAL

4.1  DEALING WITH COLLATERAL BY THE PURCHASER

     Except as permitted in the Ownership Agreement, the Purchaser shall not
sell, lease or otherwise dispose of any of the Collateral in his possession
without the prior written consent of the Vendor and in the event of any such
sale, lease or disposition permitted under the Ownership Agreement or consented
to by the Vendor, the Vendor will discharge its security interest in the
Collateral.

4.2  RIGHTS AND DUTIES OF THE VENDOR

     The Vendor may perform any of its rights and duties hereunder by or through
agents and is entitled to retain counsel and to act in reliance upon the advice
of such counsel concerning all matters pertaining to its rights and duties
hereunder.


                              DEFAULT AND REMEDIES

5.1  EVENTS OF DEFAULT

     The Purchaser will be in default under this Agreement upon the occurrence
of any of the following events (herein referred to as an "Event of Default"):

     (a)  the Purchaser does not pay all amounts when due under the Promissory
          Note and such default is not remedied within 5 business days following
          notice of the default;

     (b)  the Purchaser does not observe or perform any covenant or obligation
          of the Purchaser contained in this Agreement and such default is not
          remedied within 30 days after notice of such default is given to the
          Purchaser;

<PAGE>   10

     (c)  any representation or warranty made by the Purchaser herein is proven
          to be incorrect or misleading in any material respect at any
          particular time;

     (d)  the Purchaser is an insolvent person within the meaning of the
          Bankruptcy and Insolvency Act (Canada) or commits or threatens to
          commit any act of bankruptcy;

     (e)  the commencement of any proceeding or the taking of any step by or
          against the Purchaser for the appointment of one or more of a trustee,
          receiver, receiver and manager, custodian, liquidator or any other
          person with similar powers with respect to the Purchaser or the
          Collateral or any part thereof; or

     (f)  the Collateral or any part thereof is seized or otherwise attached by
          anyone pursuant to any legal process or other means, including
          distress, execution or any other step or proceeding with similar
          effect, and the same is not released, bonded, satisfied, discharged or
          vacated within the shorter of a period of 15 day and 10 days less than
          such period as would permit such property or any part thereof to be
          sold pursuant thereto.

5.2  REMEDIES

     (a)  On or after the occurrence of any Event of Default (1) any or all
          security granted hereby will, at the option of the Vendor, become
          immediately enforceable; and (2) in addition to any right or remedy
          provided by law, the Vendor will have the rights and remedies set out
          below, all of which rights and remedies will be enforceable
          successively, concurrently or both:

          (i)   the Vendor may take possession of the Collateral;

          (ii)  the Vendor may enforce any rights of the Purchaser in respect of
                the Collateral by any manner permitted by law, but subject to
                the terms of the Ownership Agreement;

          (iii) the Vendor may sell, lease or otherwise dispose of the
                Collateral at public auction, by private tender, by private sale
                or otherwise either for case or upon credit upon such terms and
                conditions as the Vendor may determine, provided that no such
                sale or disposition shall be effective unless the lessee or
                transferee agrees to become bound by the provisions of the
                Ownership Agreement, in place and instead of the transferee;

          (iv)  the Vendor may accept the Collateral in satisfaction of the
                Obligations upon notice to the Purchaser of its intention to do
                so in the manner required by law;

          (v)   the Vendor may charge on its own behalf and pay to others all
                reasonable amounts for expenses incurred and for services
                tendered in connection with the exercise of the rights and
                remedies of the Vendor hereunder, including, without limiting
                the generality of the foregoing, reasonable legal and accounting
                fees and expenses, and in every such case the amounts so paid
                together with all costs, charges and expenses incurred in
                connection therewith,

<PAGE>   11

               including interest thereon at 8% per annum, will be added to and
               form part of the Obligations hereby secured; and

          (vi) the Vendor may discharge any claim, lien, mortgage, charge,
               security interest, encumbrance or any rights of others that may
               exist or be threatened against the Collateral, and in every such
               case the amounts so paid together with costs, charges and
               expenses incurred in connection therewith win be added to the
               Obligations hereby secured.

     (b)  the Vendor may (i) grant extensions of time, (ii) take and perfect or
          abstain from taking and perfecting security, (iii) give up securities,
          (iv) accept compositions or compromises, (v) grant releases and
          discharges, and (vi) release any part of the Collateral or otherwise
          deal with the Purchaser, debtors of the Purchaser, sureties and others
          and with the Collateral and other security as the Vendor sees fit
          without prejudice to the liability of the Purchaser to the Vendor or
          the Vendor's rights hereunder;

     (c)  the Vendor will not be liable or responsible for any failure to seize,
          collect, realize or obtain payment with respect to the Collateral and
          is not bound to institute proceedings or to take other steps for the
          purpose of seizing, collecting, realizing or obtaining possession or
          payment with respect to the Collateral or for the purpose of
          preserving any rights of the Vendor, the Purchaser or any other
          person, in respect of the Collateral;

     (d)  the Vendor may apply any proceeds of realization of the Collateral to
          payment of expenses in connection with the preservation and
          realization of the Collateral as above described and the Vendor may
          apply any balance of such proceeds to payment of the Obligations in
          such order as the Vendor sees fit and if there is any surplus
          remaining, the Vendor may pay it to any person having a claim thereto
          in priority to the Purchaser of whom the Vendor has knowledge and any
          balance remaining must be paid to the Purchaser; and

     (e)  In the event the Vendor takes possession of or accepts the Collateral,
          the Vendor will be bound by the terms of the Ownership Agreement in
          place and instead of the defaulting Purchaser.


                                     GENERAL

6.1  BENEFIT OF THE AGREEMENT

     This Agreement will enure to the benefit of and be binding upon the
successors and permitted assigns of the parties hereto and in the case of the
Purchaser, his heirs and executors.

6.2  ENTIRE AGREEMENT

     This Agreement constitutes the entire agreement between the parties hereto
with respect to the subject matter hereof and cancels and supersedes any prior
understandings and agreements between the parties hereto with respect thereto
and there are no representations, warranties, terms, conditions, undertakings or
collateral

<PAGE>   12

agreements, express, implied or statutory, between the parties except as
expressly set forth in this Agreement and the Material Contracts.

6.3  AMENDMENTS AND WAIVERS

     No amendment to this Agreement will be valid or binding unless set forth in
writing and duly executed by all of the parties hereto and no waiver of any
breach of any provision of this Agreement will be effective or binding unless
made in writing and signed by the party purporting to give the same and, unless
otherwise provided in the written waiver, will be limited to the specific breach
waived.

6.4  ASSIGNMENT

     The rights of the Vendor under this Agreement may be assigned by the Vendor
without the prior consent of the Purchaser, provided that any assignee shall be
subject to any equities that exist between the Vendor and the Purchaser and
except as permitted under the Ownership Agreement, the Purchaser may not assign
his obligations under this Agreement without the consent of the Vendor.

6.5  SEVERABILITY

     If any provision of this Agreement is determined to be invalid or
unenforceable in whole or in part, such invalidity or enforceability will attach
only to such provision or part thereof and the remaining part of such provision
and all other provisions hereof will continue in full force and effect.

6.6  NOTICES

     (a)  Any demand, notice or other communication to be given in connection
          with this Agreement must be given in writing and may be given by
          personal delivery or by registered mail addressed to the recipient as
          follows:

<PAGE>   13

          To the Purchaser: EMC Communications Inc.
                            4th Floor,
                            Scotiabank Building
                            200 Portage Avenue
                            Winnipeg, Manitoba
                            R3C 3X2

                            Attention: Kenneth J. Dalton
                            Facsimile: (204) 943-2385

                            To the Vendor:
                            Nifco Synergy Ltd.
                            Suite 100 -- 2030 Marine Drive
                            North Vancouver, British Columbia
                            V7P 1V7
                            Attention: Nathan Nifco
                            Fax: (604) 986-0869

          or such other address as may be designated by notice given by any
          party to the other;

     (b)  any demand, notice or other communication given by personal delivery
          will be conclusively deemed to have been given on the date of actual
          delivery thereof and, if given by registered mail, on the third
          business day following the deposit thereof in the mail; and

     (c)  if the party given giving any demand, notice or other communication
          knows or ought reasonably to know of any difficulties with the postal
          system that might affect the delivery of mail, any such demand, notice
          or other communication must not be mailed but must be given by
          personal delivery.


6.7  FURTHER ASSURANCES

     The Purchaser must, at his expense from time to time, do, execute and
deliver, or cause to be done, executed and delivered, all such financing
statements, further assignments, documents, acts, matters and things as may be
reasonably requested by the Vendor for the purpose of giving effect to this
Agreement.

6.8  POWER OF ATTORNEY

     Upon the occurrence of an Event of Default that is continuing, the
Purchaser hereby irrevocably constitutes and appoints any officer for the time
being of the Vendor the true and lawful attorney of the Purchaser, with full
power of substitution, to do, make and execute all such statements, assignments,
documents, acts, matters or

<PAGE>   14

things with the right to use the name of the Purchaser whenever and wherever the
officer may deem necessary or expedient and from time to time to exercise all
rights and powers and to perform all acts of ownership in respect to the
Collateral in accordance with this Agreement.

6.9  GOVERNING LAW

     This Agreement will be governed by and construed in accordance with the
laws of the Province of British Columbia and the laws of Canada applicable
therein.

6.10 EXECUTED COPY

     The Purchaser acknowledges receipt of a fully executed copy of this
Agreement.

     IN WITNESS WHEREOF the parties have executed this Agreement.


The 22 day of June, 1998. EMC COMMUNICATIONS INC.


JUNE 22/98                              By: /s/
----------------------------                ------------------------------------
Date of Execution


The __ day of June, 1998. NIFCO SYNERGY LTD.


JUNE 22/98                              By: /s/
----------------------------                ------------------------------------
Date of Execution