LICENSE  AGREEMENT FOR TECHNOLOGY  This  agreement is between  Accu-Search,
Inc., a New Jersey corporation,  having a principal place of business at 25 East
Front  Street,  Keyport,  New Jersey 07735  ("Accu-Search"  or  "Licensor")  and
Pipeline Data Inc., 250 East Hartsdale  Avenue,  Suite 21,  Hartsdale,  New York
10530 ("Pipeline" or "Licensee").

     The parties hereby agree as follows:

1.       Definitions:

1.1 Licensed Technology:

"Licensed  Technology"  means an automated  software process to convert multiple
inputted documents into transmittable  Adobe PDF formats.  This software process
handles original  documents whether faxed,  e-mailed,  scanned or transmitted in
document  format.  The  Licensed   Technology  includes  any  modifications  and
improvements  provided by  Accu-Search  to  Pipeline.  The  Licensed  Technology
includes related data, algorithms, formulas,  computations,  instructions and/or
statements communicated in any form, including but not limited to oral, written,
graphic, photographic, optic, electric, magnetic or electromagnetic forms.

1.2 Proprietary Information:

     "Proprietary   Information"  means  that  information   including  Licensed
Technology which Accu-Search desires to protect against unrestricted  disclosure
or competitive use, and which is designated as such in writing by Accu-Search or
is  disclosed  orally and reduced to  tangible  form  pursuant  to this  License
Agreement.  Proprietary  Information shall not include any information that is a
part of the public domain or which is disclosed to Pipeline by a third party not
in violation of any rights of, or obligation to Accu-Search.

2. Licensee's Rights and Obligations:
2.1 Grant of License:

     Subject to the conditions  herein,  Accu-Search hereby grants to Pipeline a
perpetual,  royalty free,  non-transferable,  non-exclusive,  license to use the
Licensed  Technology.  It is  acknowledged  and  agreed to by the  parties  that
Pipeline will only use the Licensed  Technology to increase the functionality of
its own  web-site by being able to convert any  documentation  it receives  into
Adobe PDF format.

2.2 No Transfer:

     This License Agreement, the Licensed Technology and Proprietary Information
provided  by  Accu-Search  to  Pipeline  and any  licenses  and  rights  granted
hereunder, may not be assigned,  sublicensed or otherwise transferred,  in whole
or in part, by Pipeline. 2.3 Payment for Licensed Technology:

     In  consideration  of the  rights in the  Licensed  Technology  granted  by
Accu-Search to Pipeline, Pipeline shall loan to Accu-Search Two Hundred Thousand
($200,000)  Dollars.  This loan shall be made by Pipeline to  Accu-Search on the
date  hereof.  Interest on this loan shall accrue at the annual rate of 12%. All
principal and interest shall be due and payable on the 31st day of May, 2001.

2.4 Protect Confidentiality of Licensed Technology:

     Pipeline agrees not to directly or indirectly  disclose either the Licensed
Technology or the Proprietary Information to any third person, firm, corporation
or entity or to use the Propriety  Information  except in  conjunction  with its
permitted  use of the  Licensed  Technology.  Pipeline  agrees  to  protect  the
confidentiality  of the Licensed  Technology and the Proprietary  Information in
the same manner as it protects its own proprietary information.

2.5 Licensee Costs

     All  costs   associated   with  the  further   development,   installation,
maintenance,  and training of personnel relating to the Licensed  Technology are
Pipeline's responsibility. 3. Accu-Search's Rights and Obligations:

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3.1 Accu-Search Ownership:

     Nothing in this  License  Agreement  shall affect  Accu-Search's  exclusive
ownership  of the  Licensed  Technology  and the  Proprietary  Information.  The
license granted hereby shall at all times be subject to all patents, trademarks,
copyrights  and any  property  or other  rights of  Accu-Search  relating to the
Licensed Technology and the Proprietary Information.

     4. Term and  Termination:

     4.1 Effective Date:

     This Agreement shall become effective on November 1, 2000.

     4.2  Automatic   Termination:

     This License  Agreement will terminate  automatically  if Pipeline fails to
comply with any of the material terms and conditions of this License Agreement.

4.3  Termination  Obligations:

     Upon  termination  of this  License  Agreement  for any reason,  use of the
Licensed  Technology  and the  Proprietary  Information  by  Pipeline  shall  be
discontinued,  the license and rights granted hereunder will terminate, Pipeline
will  immediately  return all physical forms of the Licensed  Technology and the
Proprietary  Information,  and Pipeline will have no further rights or access to
the  Licensed   Technology  or  the  Proprietary   Information.   Regardless  of
termination for any cause,  Pipeline's  obligations set forth in Section 2.2 and
Section 2.4 shall survive.

5.  Limited  Warranty:

     5.1 Warranty of Title:  Accu-Search warrants that it has the right to grant
a license to use the Licensed  Technology  to Pipeline and that it has the right
and power to enter into this License Agreement.

     5.2 Disclaimer of Warranties:  The Licensed  Technology is pre-release code
and may be changed substantially.

     The Licensed  Technology  is provided "AS IS" WITHOUT  WARRANTY OF ANY KIND
AND TO THE MAXIMUM EXTENT  PERMITTED UNDER APPLICABLE LAW,  ACCU-SEARCH  FURTHER
DISCLAIMS ALL OTHER EXPRESS OR IMPLIED WARRANTIES,  INCLUDING BUT NOT LIMITED TO
THE WARRANTIES OF DESIGN,  MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
THE  ENTIRE  RISK AS TO THE  QUALITY  AND  PERFORMANCE  OF THE  PROGRAM  IS WITH
LICENSEE.  ITI DOES NOT WARRANT  THAT THE  FUNCTIONS  CONTAINED  IN THE LICENSED
TECHNOLOGY  WILL  MEET  LICENSEE'S  REQUIREMENTS  OR THAT THE  OPERATION  OF THE
PROGRAM  WILL BE  UNINTERRUPTED  OR ERROR FREE.

     5.3  Limitation of Liability,  Indemnification  for  Intellectual  Property
matters:

     IN NO EVENT  WILL  ACCU-SEARCH  BE  LIABLE  TO  PIPELINE  FOR ANY  DAMAGES,
INCLUDING  LOST PROFITS,  LOST  SAVINGS,  OR OTHER  INCIDENTAL OR  CONSEQUENTIAL
DAMAGES ARISING OUT OF THE USE OR INABILITY TO USE THE LICENSED  TECHNOLOGY EVEN
IF ACCU-SEARCH HAS BEEN ADVISED OF THE  POSSIBILITY OF SUCH DAMAGES,  OR FOR ANY
CLAIM BY ANY OTHER PARTY.  NOTWITHSTANDING THE FOREGOING,  ACCU-SEARCH agrees to
indemnify  and hold  PIPELINE  harmless  from and against and to pay all losses,
costs,  damages or expenses whatsoever,  including  reasonable  attorney's fees,
which  PIPELINE  may  sustain  or incur on account  of  infringement  or alleged
infringement of patents, trademarks, or trade names, copyrights, or intellectual
property of any kind in any way resulting from the USE OF ACCU-SEARCH'S LICENSED
TECHNOLOGY as authorized by  accu-search  pursuant to this  agreement.  Upon any
claim  of  alleged  infringement,  Pipeline  shall  cease  use of  the  Licensed
technology and proprietary  Information and shall cooperate with  accu-search in
the defense of any such claim.

6. General Provisions:
6.1 Severability:


     If any of the provisions,  or portions  thereof,  of this License Agreement
are invalid under any applicable  statute or rule of law,  then,  that provision
notwithstanding,  this License  Agreement  shall remain in full force and effect
and such provision shall be deemed omitted.

6.2 Integration:

     This  Agreement   constitutes  and  expresses  the  entire   agreement  and
understanding  between the Parties and supersedes  all previous  communications,
representations,  or agreements,  whether  written or oral,  with respect to the
subject matter hereof.


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6.3 Modification:

     This License  Agreement  may not be and shall not be deemed or construed to
have been modified, amended,  rescinded,  canceled, or waived, in whole or part,
except by written instruments signed by the Parties.

6.4 Governing Law:

     This  License  Agreement  shall be  deemed  to be made  under  and shall be
governed by and construed in accordance with the laws of the State of New York.

6.5 Notice:

     All  notices  hereunder  shall be in writing  directed to each party at the
address set forth in the first  paragraph of this Agreement and to the attention
of the person signing below,  unless either party changes the name or address by
written  notice,  and shall be mailed by certified or registered  mail,  postage
prepaid.  Notices shall be deemed given on the date of mailing,  irrespective of
the date of receipt.

6.6 Force Majeure:

     Neither Party shall be liable for  non-performance or delays caused by acts
of God, wars, riots, strikes,  fires,  shortage of labor or materials,  or other
causes beyond its reasonable control. In the event of any such excuse,  delay or
failure of  performance,  the date of delivery  shall be  deferred  for a period
equal to the time lost by reason of the delay.

     In Witness Whereof,  this License  Agreement for Technology is signed as of
the following date:


Accu-Search, Inc.

By: /s/Philip Davis

Printed Name:  Philip Davis

Title:  President


Pipeline Data Inc.

By:  /s/Jack Rubinstein

Printed Name:  Jack Rubinstein

Title: Chief Executive Officer

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