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                                                                    EXHIBIT 10.7


                           mPRESENCE AGENCY AGREEMENT



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                           mPRESENCE AGENCY AGREEMENT



                This Agreement is made and entered into between


                A.      OZ.COM, a company duly incorporated under the laws of
                        California, with its principal office at Snorrabraut 54,
                        IS-105 Reykjavik, Iceland (hereinafter "OZ")

                                       and


                B.      Ericsson Radio Systems AB, a company duly incorporated
                        under the laws of Sweden, with its principal office at
                        Torshamnsgatan 23, SE-164 80 Stockholm (hereinafter the
                        "Agent").


                Initial Term: Two (2) years (hereinafter the "Initial Term").



                PREAMBLE (BACKGROUND)

                WHEREAS, OZ is in the business of providing to network operators
                and Internet businesses mPresence, a hosting and managed care
                communication and service framework that includes a number of
                applications and services developed by OZ and licensed from
                third parties. iPulse is one example of a third-party licensed
                application to be included in the mPresence framework;

                WHEREAS, Agent is the owner of the iPulse application and, as
                such, is active in promoting and licensing iPulse to network
                operators and others who may desire to purchase mPresence
                services in addition to or in lieu of acquiring a commercial
                iPulse license;

                WHEREAS, OZ desires to grant an agency to Agent, and Agent
                desires to act as OZ's agent for the purpose of promoting and
                selling mPresence services to Agent's actual and prospective
                customers.


                NOW THEREFORE, the parties agree as follows:


        1       SCOPE OF AGREEMENT

        1.1     Subject to the terms and conditions of this Agreement, OZ hereby
                appoints the Agent, on a non-exclusive basis, to canvass and
                solicit inquiries and orders for delivery in the whole world
                (the "Territory") for mPresence Services described in Appendix 1
                ("mPresence Services").



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        1.2     OZ reserves the right to refrain from offering mPresence
                Services if, in its reasonable judgment, the circumstances so
                require. All orders procured by the Agent shall be subject to
                written acceptance by OZ.

        1.3     OZ may at any time, without any liability to the Agent,
                discontinue the marketing or sale of all or part of mPresence
                Services.


        2       OZ'S OBLIGATIONS

                OZ agrees to provide the Agent with such:

                (a)     assistance as the Agent reasonably requires and OZ deems
                        necessary for promoting the licensing of mPresence
                        Services; and

                (b)     mPresence Services information and documentation as the
                        Agent reasonably requires and OZ deems necessary. OZ
                        will furnish the Agent reasonable quantities of
                        catalogues, price lists, technical instructions and
                        other printed material that are available to OZ. All
                        such material will be shipped FCA Stockholm (INCOTERMS
                        1990).


        3       AGENT'S OBLIGATIONS

        3.1     The Agent shall:

                (a)     assist OZ in the execution of service sales contracts in
                        respect of mPresence Services;

                (b)     report on all matters of interest to OZ that directly or
                        indirectly affect the sale of mPresence Services in the
                        Territory, including the activities, products and prices
                        of competitors, the financial standing of customers and
                        tariffs, duties, taxes, laws and changes thereof which
                        may affect sales of mPresence Services;

                (c)     protect and promote OZ's goodwill and reputation;

                (d)     comply with all reasonable instructions, policies and
                        guidelines given by OZ;

                (e)     immediately transmit to OZ any inquiry from prospective
                        customers together with available information which may
                        help OZ in evaluating and attending to the business;

                (f)     immediately notify OZ upon knowledge of any infringement
                        of its copyrights, patents, trademarks or other
                        intellectual property rights and assist OZ in
                        safeguarding such rights, provided OZ compensates the
                        Agent for its reasonable out of pocket expenses for such
                        assistance;

                (g)     immediately notify OZ of any change in the management,
                        control or ownership of the Agent; and

                (h)     act dutifully, in good faith and generally look after
                        the interests of OZ.



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        3.2     The Agent shall indemnify OZ against all claims by a third party
                arising out of acts, omissions or misrepresentations of the
                Agent.


        4       COSTS AND EXPENSES

                The Agent shall defray all costs and expenses of and incidental
                to the agency.


        5       GENERAL RESTRICTIONS

        5.1     The Agent has no authority to make any commitment whatsoever or
                to receive any money on behalf of OZ, nor can it forgive any
                debt, security or obligation due OZ on account of mPresence
                Services or otherwise.

        5.2     Provided any applicable mandatory law does not stipulate
                otherwise, during the validity of this Agreement and for two (2)
                years thereafter the Agent shall not directly nor indirectly
                engage in any business which competes or interferes with the
                licensing of mPresence Services.


        6       CONFIDENTIAL TREATMENT

                The Agent shall not disclose or make any unauthorized use of any
                information concerning OZ's business, affairs or mPresence
                Services received by the Agent in the course of its activities
                under this Agreement, except to the extent necessary for the
                Agent's activities in accordance with this Agreement. The
                Agent's obligations under this Article shall survive the
                termination or expiration of this Agreement.


        7       COMMISSION

        7.1     The Agent shall only be entitled to a commission based on the
                net amount of payments (after deduction of taxes, hosting
                expenses, third-party licensing costs, insurance and other
                similar costs) actually received by OZ under a licensing
                contract for mPresence Services concluded through OZ's
                acceptance of orders procured by the Agent. The rate of
                commission and any special conditions regarding the method of
                its calculation or payment shall be agreed upon in writing
                between the parties from time to time, prior to OZ's price
                quotation to a customer. In the absence of such agreement, the
                rate of commission shall be fifteen percent (15%) of the above
                net payment.

        7.2     The commission set out in 7.1 above is based on that the Agent
                fully perform all of its obligations according to this
                Agreement. If the Agent only introduce a potential customer to
                OZ, no commission shall be payable. However, in such case Agent
                shall instead receive Finders Fee corresponding to five percent
                (5%) of the net Payment (as defined in 7.1 above).



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        7.3     The Agent shall have no claim because of any failure or delay by
                OZ to collect payments.

        7.4     The Agent shall be entitled to commissions only on sales
                contracts for Products concluded during the term of this
                Agreement.

        7.5     The Agent shall not be entitled to any compensation, other than
                the commission mentioned above, for costs and expenses of and
                incidental to the agency.


        8       OZ'S TRADEMARKS AND TRADE NAMES

        8.1     The Agent is authorized, and shall in its promotion of
                mPresence, utilize such trademarks and trade names and other
                proprietary words or symbols (collectively the "Trademarks", as
                OZ may from time to time use in association with mPresence and
                which are notified in writing to the Agent.

                Any use by the Agent of any of the Trademarks shall be in strict
                accordance with OZ's usage rules prevailing from time to time
                and OZ's instructions.

        8.2     Nothing in this Agreement shall be deemed to grant to the Agent
                any right, title or interest in any of the Trademarks or the
                word "OZ.COM," except the right to use the Trademarks as
                permitted in this Article 8. Except as provided herein, the
                Agent shall not have any right to use the word "OZ.COM," the
                Trademarks or any derivative thereof or any combination of trade
                names, trademarks and company names including said word, symbol
                and Trademarks, and further, the Agent will refrain from using
                or registering any trade name or trademark confusingly similar
                thereto.

        8.3     The Agent shall not publish, encourage or approve any
                advertising or practice that might be detrimental to the good
                name, Trademarks, goodwill or reputation of OZ or its products
                (including mPresence), nor will it act in a manner that may have
                such an effect.

        8.4     Upon receipt of written notice from OZ, or the expiration or
                termination of the agency created under this Agreement, all of
                the Agent's rights concerning use of the Trademarks shall
                automatically terminate as of the date of such receipt,
                expiration or termination and the Agent shall then immediately
                cease to use the Trademarks.

        8.5     Any use of the Trademarks, whether in their entirety or in part,
                shall be for the benefit of OZ only. Any right to the Trademarks
                which may have been acquired by the Agent through its use
                thereof shall, as soon as they come into existence,
                automatically be transferred to OZ without any compensation to
                the Agent; the Agent shall forthwith sign all documents deemed
                necessary by OZ to confirm such transfer. This Subarticle 8.5
                shall survive the termination this Agreement.

                OZ may, where registered user provisions exist and subject to
                registration of the Trademarks, apply for registration of the
                Agent as a permitted user of the Trademarks within the
                Territory. If this Agreement is insufficient for

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                such registration, the parties will sign a short form
                supplementary agreement in form satisfactory to registrar of
                trademarks in the Territory.


        9       TERM AND TERMINATION

        9.1     This Agreement shall become effective upon the date of signing
                by both parties and shall remain in force until the final date
                of the Initial Term. Unless terminated as provided herein, upon
                expiration of the Initial Term the agency shall be automatically
                extended for an indefinite period. Either party may terminate
                this Agreement without cause by giving not less than six (6)
                months notice in writing prior to expiration of the Initial Term
                and thereafter upon giving six (6) months written notice of
                termination.

        9.2     Notwithstanding Subarticle 9.1, each party is entitled to
                immediately terminate this Agreement if the other party should
                commit a breach hereof that is not insignificant and such party
                does not remedy such breach within thirty (30) days from written
                notice by the other party requiring the defaulting party to
                remedy the same.

        9.3     In addition to Subarticles 9.1 and 9.2, OZ shall have the right
                to immediately terminate this Agreement if:

                (a)     the Agent's financial situation or commercial ability
                        deteriorates to the extent that OZ reasonably believes
                        that the Agent is or will be unable to fulfil its
                        obligations under this Agreement; or

                (b)     there is a change in the management, control or
                        ownership of the Agent or of any fundamental reason
                        (possibly mentioned in the Preamble) for OZ's
                        appointment of the Agent that could, in OZ's sole
                        discretion, adversely affect OZ.

        9.4     On termination of this Agreement, neither party shall be
                entitled to any compensation or damages for or on account of
                such termination, except where such claim is based on a breach
                of this Agreement.

        9.5     The Agent shall return to OZ all material furnished the Agent,
                including catalogues and price-lists, forthwith upon any
                termination of this Agreement.

        9.6     The provisions of this Agreement that by their nature are
                continuing, shall survive the termination or expiration of this
                Agreement.


        10      GENERAL PROVISIONS

        10.1    This Agreement contains the entire agreement of the parties on
                the subject matter hereof and supersedes all prior agreements
                between them relating to any matter covered by this Agreement.
                No agreement hereafter modifying or supplementing this Agreement
                (an "Amendment") shall be binding unless confirmed in writing by
                the parties. In the event of a conflict between an Amendment and
                this Agreement, the Amendment shall prevail provided it
                expressly states the subarticle of this Agreement that it
                modifies.



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        10.2    This Agreement is not assignable by the Agent. OZ shall have the
                right to transfer or assign this Agreement in whole or in part
                to any of its subsidiaries or affiliates.

        10.3    Neither party shall be liable to the other for any indirect,
                incidental, special or consequential damages of any nature or
                kind whatsoever, including loss of profit, except with respect
                to claims by OZ for breach by the Agent of its obligations under
                Subarticle 5.2 and Articles 6 or 8.

        10.4    All notices under this Agreement shall be effective upon receipt
                and shall be sent by hand delivery, registered mail or telefax
                to the party to be served at its address as stated herein. A
                party may change its address by a notice in the manner set forth
                above.

        10.5    If any provision of this Agreement is held invalid or
                unenforceable, then, to the extent permitted by law, the
                remainder of this Agreement shall be fully enforceable without
                such provision.

        10.6    Nothing contained in this Agreement shall be construed as
                constituting the Agent and OZ as partners or joint venturers, or
                as creating the relationship of employer and employee between
                them or otherwise create any other relationship than that of a
                principal and an agent as set forth in this Agreement.


        11      DISPUTES

        11.1    Any dispute arising out of or in connection with this Agreement
                that cannot be resolved by good faith negotiations shall be
                finally settled in accordance with the Rules of Arbitration of
                the International Chamber of Commerce, by a panel of three
                arbitrators. The place of arbitration shall be Stockholm,
                Sweden, and the language of the proceedings shall be English.
                Notwithstanding this, OZ may at any time apply to a court of
                competent jurisdiction for injunctive or other equitable relief
                or corresponding remedy, in case of any breach, or threatening
                breach, of Article 6 or 8.



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        11.2    Swedish substantive law shall govern this Agreement.

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                This Agreement has been executed in two (2) originals, of which
                the parties have received one (1) each.

                Place   Stockholm                      Place   Stockholm
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                Date    2000/11/01                     Date    2000/11/01
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                ERICSSON RADIO SYSTEMS AB              OZ.COM

                By: /s/ LARS BOMAN                     By: /s/ SKULI MOGENSEN
                    ---------------------                  ---------------------
                    LARS BOMAN                             SKULI MOGENSEN