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                                  Exhibit 10.18

                                 Lease Agreement

This Lease is made by and between LESSOR : Kid Castle Internet Technology
Corporation (hereinafter referred to as "Party A"), LESSEE : Chevady Educational
Corporation (hereinafter referred to as "Party B") and Party B's Guarantor
:(intentionally blank) (hereinafter referred to as "Party C") for the lease of
premises hereunder. Both parties agree to abide by the terms and conditions set
forth as follows:

1.   Premises under the Lease : 1st Floor, No. 148, Cheng-Kuo Road, Hsintien
     City, Taipei County, under the Lease.

2.   The term of the Lease shall be One year, commencing from July 1st, 2002 to
     June 30st, 2003.

3.   The monthly rental : NT$5,000(FIVE THOUSAND New Taiwan Dollars) (with a
     receipt originally issued for the payment of the rental by Party A) shall
     be paid by Party B without delay or rejection in any circumstances (the
     aforesaid rental is exclusive of electricity and water charges). Invoice
     shall be opened by Party A to Party B. (the aforesaid amount of invoice is
     exclusive of tax charge).

4.   The rental shall be paid before (intentionally blank) of each month. The
     rental shall be paid basing on one year period, Party B shall not delay in
     paying any rental due in any excuse.

5.   Party B shall pay a rental deposit of NT$ (intentionally blank) to Party A
     upon signing of this Lease. The said rental deposit shall be returned to
     Party B without interest upon expiration of this Lease, when Party B does
     not request for a lease renewal and vacates and surrenders the Premises to
     Party A.

6.   Upon expiration of this Lease when no renewal is agreed by Party A, Party B
     shall restore the Premises to the original condition thereupon, vacate and
     surrender the Premises to Party A without making any excuse or claiming any
     right. In case the Premises shall be surrendered to Party A after delays,
     Party B shall be liable for a default penalty equivalent to 500% of the
     rental on a monthly basis until the date of surrender of the Premises, to
     which Party B and Party C shall have no objection.

7.   During the term of this Lease before its expiration, in the event that
     Party B desires to move out of the Premises, Party B shall not request any
     rental refund, moving costs or other royalties under other denominations
     from Party A, and Party B shall unconditionally restore the Premises to the
     original condition and return the Premises to Party A without objection.

8.   Prior to consent by Party A during the term of this Lease, Party B shall
     not, in whole or in part, have the Premises subleased, transferred,
     mortgaged to any third party, or in any other way provided for use by any
     third party.

9.   Party B may make alternations of partitions and/or facilities in the
     Premises as Party B deems necessary; construction work can only begin upon
     consent given by Party A and shall not damage the main structure and the
     facilities of the building. Upon expiration of the terms of this Lease,
     Party B shall be responsible for the restoration of the Premises.

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10.  Party B shall not use the Premises for any illegal use, nor for storing
     hazardous articles that will cause public danger.

11.  Party B shall use the Premises with the degree of care of a responsible
     administrator. If the damage or destruction is made by any personal
     factors, Party B shall be responsible for the reparation. If the Premises
     provided by Party A are damaged or destroyed due to act of God or any other
     force majeure, or due to normal wear and tear, Party A shall be responsible
     for the reparation.

12.  In the event that Party B violates any provisions of this Lease or causes
     damages to Party A, Party B hereby shall be fully responsible for
     compensating such damage or loss. Party B shall pay for Party A's court
     costs and attorney's fees in the event that the court action is instituted.

13.  In the event that Party B violates any provisions of this Lease or causes
     damages to the Premises, Party C shall be jointly liable for the loss Party
     A shall incur and abandon the right of counteraction voluntarily.

14.  Parties A, B and C shall observe and abide by the provisions of this Lease,
     in the event that any party shall violate any provisions thereof, Party A
     may terminate this Lease thereupon without any prior notice, thus Party A
     shall in no circumstances have any concern with the loss Party B shall
     incur.

15.  Stamp duties are borne by both Parties, respectively. All taxes relating to
     the Premises shall be borne by Party A; whereas the expenses involved in
     the water supply, electricity and other business operations of Party B
     shall be borne by Party B.

16.  In the event that the house tax and income tax owing to the leased Premises
     leased are heightened due to the Premises rented by Party B, Party B shall
     bear such difference incurred therefrom without objection.

17.  Any article left inside the Premises, upon expiration of this Lease after
     Party B vacates the Premises, shall be deemed to be abandoned at the
     disposal of Party A as waste, to which Party B shall have no objection.

18.  The rental tax payable shall be borne by Party A/Party B to the tax
     collection office upon receiving tax statement(s).

In witness whereof both Parties have hereunto signed the Lease, which is made in
duplicate, each party bears one to refer.

     The Parties :
     Lessor (Party A)      : Kid Castle Internet Technology Corporation (sealed)
     Business Uniform No.  : 70676630
     Responsible person    : Wang, Kuo-An

     Lessee (Party B)      : Chevady Educational Corporation (sealed)
     Business Uniform No.  : 23610004
     Responsible person    : Wang, Kuo-An

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     Party C               : (intentionally blank)
     ID No.                : (intentionally blank)
     Address               : (intentionally blank)

     Date: June, 10, 2002