EXHIBIT 10.2
                                 MUTUAL RELEASE

     TO  ALL  WHO  THESE PRESENTS SHALL COME OR MAY CONCERN, know that INTRATECH
CAPITAL  PARTNERS, LTD. ("INTRATECH"), on the one hand, and VERTICALBUYER, INC.,
a  Delaware  corporation,  on the other, ("VBYR" and INTRATECH each individually
and  collectively  referred to as "Party" or "Parties"), in consideration of the
Payment  (defined  below),  the  receipt  and  adequacy  of  which  are  hereby
acknowledged,  release  and discharge each other, each other's servants, agents,
principals,  affiliates,  employees,  attorneys,  subsidiaries,  parents, heirs,
executors,  administrators,  successors  and assigns from all actions, causes of
action,  suits,  debts,  sums  of  money,  accounts,  reckonings,  bonds, bills,
specialties,  covenants,  contracts,  controversies,  agreements,  promises,
variances,  trespasses,  damages,  judgments,  extents,  executions, any and all
claims  and  demands  whatsoever, in law, admiralty or equity, which against the
other,  either  Party,  or  either  Party's  servants,  agents,  affiliates,
subsidiaries,  parents,  partners,  heirs, executors, administrators, successors
and assigns ever had, now have or hereafter can, shall or may have for, upon, or
by  reason  of  any  matter, cause or thing whatsoever from the beginning of the
world  to  the  date  of  this  Mutual  Release.

     The Parties expressly warrant and covenant that each of them will not bring
suit,  claim  or  cause of action against the other or any of them in connection
with  any  and all past, present and future claims, demands, obligations, causes
of  action  or  rights  which each Party now has or which may hereinafter accrue
respecting  the  Invoices.

     This  Mutual  Release  is  contingent upon INTRATECH's receipt of Seventeen
Thousand Five Hundred and 00/100 ($17,500.00) dollars (the "Payment") from VBYR.
Upon INTRATECH's receipt of the Payment, Gottbetter & Partners, as Escrow Agent,
is  hereby authorized to file the Release of Judgment attached hereto as Exhibit
A  with  the  County  Court  at  Law  No.  2,  Dallas  County,  Texas.

     Whenever  the  text  hereof requires, the use of the singular shall include
the appropriate plural as the text of the within instrument may require and vice
versa.  This Mutual Release may not be changed orally. This Mutual Release shall
be  governed  by  and  construed in accordance with the laws of the State of New
York.

     This  Mutual  Release  is  not being signed under any duress, threat, undue
influence and is being executed after adequate consultation with counsel of each
Parties  choosing.

     IN  WITNESS  WHEREOF,  the Parties have executed this Mutual Release on the
_____  day  of  ______________,  2004.

<TABLE>
<CAPTION>

INTRATECH CAPITAL PARTNERS, LTD.                   VERTICALBUYER, INC.
<S>                                      <C>

By:   /s/ Harmon Hardy                   By:  /s/ Leslie Kent
   ------------------------------------     ------------------------------------
      Signature                               Signature

Harmon Hardy                             Leslie Kent
--------------------------------------   --------------------------------------
Name                                     Name

DIRECTOR                                 TREASURER
--------------------------------------   --------------------------------------
Title                                    Title

89 PICADILLY, #12                        WINTON LODGE
--------------------------------------   --------------------------------------
Address                                  Address

LONDON, W1J 7NE                          WINTON HILL
--------------------------------------   --------------------------------------
                                         STOCKBRIDGE, HANTS
--------------------------------------   --------------------------------------
                                         SO20 6HJ


Sworn to before me this 2nd              Affirmed to before me this 12th
day of March, 2004.                      day of March, 2004.


/s/ Paul Bryan                           /s/ Grace Parker
--------------------------------------   --------------------------------------
Signature Witnessed by:                  Solicitor
Paul Bryan                               Brockmans
Corporate Manager                        Solicitors
Barclays Bank PLC                        3 Clarendon Terrace
                                         Stockbridge, Hants. SO20 6EY
</TABLE>


                                       23
<PAGE>

                                    EXHIBIT A

                               RELEASE OF JUDGMENT


     WHEREAS,  on the 11th day of February, 2002, in the County Court at Law No.
2,  Dallas  County,  in  a  cause  styled  Intratech  Capital  Partners, Ltd vs.
Verticalbuyer,  Inc., Cause No. CC-01-06374-B, Intratech Capital Partners, Ltd.,
Plaintiff,  recovered  a  judgment  in  the  sum  of Thirty Two Thousand Dollars
($32,000)  and  Two  Hundred Twenty Five Thousand (225,000) shares of the common
stock  of Verticalbuyer, Inc., Defendant, plus reasonable attorney fees found to
be  Ten  Thousand  Dollars  ($10,000);  and

     WHEREAS,  said  Plaintiff  and  Defendant  have agreed to fully and finally
settle  all  matters  of  controversy  between  them;  and

     WHEREAS,  Defendant has paid to the Plaintiff the sum of Seventeen Thousand
Five  Hundred  Dollars  ($17,500).

     NOW,  THEREFORE,  I,  the  Plaintiff,  in consideration, hereby acknowledge
payment  of  the above amount and do hereby release unto the said Verticalbuyer,
Inc.,  his/her  heirs  and  assignee,  any  and all liens heretofore existing by
reason  of  such  judgment  upon  any  property  of the said Verticalbuyer, Inc.
whatsoever.

Witness  my  hand  this  2  day  of  March,  2004.

SIGNED  BY:

INTRATECH  CAPITAL  PARTNERS,  LTD.,  PLAINTIFF


By:  /s/ Harmon Hardy
     Name:  Harmon Hardy
     Title: Director                                 /s/ Paul Bryan
                                                     Signature Witnessed by:
    /s/ Leslie Kent                                  Paul Bryan
    Leslie Kent                                      Corporate Manager
    (for Vertical Buyer)                             Barclays Bank PLC

                                 ACKNOWLEDGEMENT

STATE  OF

COUNTY  OF

Before  me,  the  undersigned  solicitor,  on  this day personally appeared
Leslie Kent,  __________________  of  Intratech  Capital Partners,
Ltd.,  know  to  me  to be the person whose name was subscribed to the foregoing
instrument,  and  acknowledged  to  me  that  he/she  executed  the same for the
purposes  and  consideration  therein  expressed.

SUBSCRIBED  AND  AFFIRMED  TO  BEFORE  ME
on  the  12th  day  of  March,  2004,
to  certify  which  witness  my  hand  and  official  seal.


/s/ Grace Parker
----------------
Solicitor
Brockmans
Solicitors
3 Clarendon Terrace
Stockbridge, Hants. SO20 6EY


                                       24
<PAGE>