<PAGE>   1

                                                                   EXHIBIT 10.18

                         INDUSTRY WORK PROGRAM AGREEMENT

      South Bay Correctional Facility and Moore Haven Correctional Facility

         This agreement is entered into effective this 19 day of October, 1999,
by and between Wackenhut Corrections Corporation, 4200 Wackenhut Drive, Palm
Beach Gardens, Florida 33410, hereinafter referred to as the "OPERATOR", U.S.
Technologies Inc. 3901 Roswell Road, Suite 300, Marietta, Georgia 30067,
hereinafter referred to as the "INDUSTRY CONTRACTOR", and American Quantum
Cycles, 731 Washburn Road, Melbourne, Florida 32934, hereinafter referred to as
"AQ".

         The "Prison Industry Enhancement Certification Program (PIE)", 18 USC
ss.1761(c) and "Inmate Labor and Correctional Work Programs, Chapter 946, F.S.
authorizes Adult Offenders (AO) to manufacture, repair and assemble products for
sale, or provide services pursuant to the contract with the public; and

         The State's primary purpose of the PIE Program is to further the
State's effort in AO rehabilitation, provide vocational training under real
work settings, develop job skills and work habits and to qualify AOs for
employment upon release from the institution; and

         The Correctional Privatization Commission (CPC) has entered into
Operations and Management Agreements with OPERATOR to provide correctional
services at the South Bay Correctional Facility (SBCF) and Moore Haven
Correctional Facility (MHCF). INDUSTRY CONTRACTOR is by this document, entering
into an agreement with OPERATOR to provide an industry work program at SBCF and
MHCF.

         The INDUSTRY CONTRACTOR wishes to participate and enter into a
cooperative venture with the OPERATOR to assist the State in establishing an
industrial operations program at the SBCF and MHCF that can meet the objectives
of the PIE Program, and the State for AOs of the State.

         Whereas, OPERATOR desires to train and employ AOs in a realistic
working environment and to provide a work program area to the Industry
Contractor for the purpose of establishing and maintaining a resident (inmate)
work program in accordance with all PIE Program and other applicable laws and
regulations.



<PAGE>   2

         Now, therefore, in consideration of the mutual benefits and covenants
hereinafter set forth, the parties hereby agree as follows:

1.       Initial Term

         The term of this contract shall commence on October 19, 1999 and shall
         be for a minimum of seven years or as long as the OPERATOR is
         contractually permitted to occupy the SBCF and MHCF, unless earlier
         terminated pursuant to Section 8, set forth below.

         In the event that U.S. Technologies becomes unwilling or unable (as a
         result of termination of this Agreement or otherwise) to perform its
         obligations under this Agreement, then AQ, upon written notice to
         OPERATOR, shall have the right to assume the rights and obligations of
         INDUSTRY CONTRACTOR hereunder.

2.       Renewal Term

         This agreement will automatically be extended for successive terms of
         one year each unless either OPERATOR, INDUSTRY CONTRACTOR OR AQ
         terminates this agreement by written notice to the other at least
         ninety (90) days prior to the expiration date of the then current term,
         or this agreement is otherwise earlier terminated, pursuant to the
         provisions of Section 8 below mentioned.

3.       Right of Occupancy/Occupancy Fee

         A.                OPERATOR hereby grants to the INDUSTRY CONTRACTOR and
                  AQ the right of occupancy in the designated Industry Buildings
                  at SBCF and MHCF (the "Buildings") and agrees to provide the
                  INDUSTRY CONTRACTOR with approximately 20,500 square feet at
                  each facility for Work Program activities, hereinafter
                  referred to as the AREA. The OPERATOR represents and warrants
                  that the Buildings shall be modified in accordance with the
                  plans and specifications furnished to OPERATOR by INDUSTRY
                  CONTRACTOR and AQ not later than thirty (30) days after the
                  OPERATOR has taken delivery of the equipment and that the
                  Buildings will be designed and maintained to conduct safely
                  the activities described in Section 4B. OPERATOR agrees to
                  work with INDUSTRY CONTRACTOR to negotiate any agreement to
                  expand the AREA for work program activities when necessary for
                  further expansion.

         B.                During this Term and the first renewal term
                  thereafter, INDUSTRY CONTRACTOR shall pay to OPERATOR the sum
                  of One Dollar ($ 1.00) per year. Occupancy fees for the
                  Renewal Term(s) shall be negotiated and approved



                                      -2-
<PAGE>   3

                  by written agreement of the parties hereto at least one (1)
                  year prior to the expiration of the then Current term.

4. Occupancy Restriction

         A.                Nothing herein shall be construed as creating either
                  a rental agreement or a lease; the INDUSTRY CONTRACTOR may not
                  sublet, sublease, assign, or transfer this agreement or any of
                  its rights or obligations hereunder, nor may INDUSTRY
                  CONTRACTOR enter into any other agreement regarding the
                  occupancy herein granted, without the express prior written
                  agreement of OPERATOR. The occupancy of the AREA shall at all
                  times be consistent with the terms of this agreement regarding
                  work authorized and work hours.

         B.                The type of industry to be put into the AREA would
                  include, but not be limited to, polishing, painting,
                  fiberglass fabrication, assembly, inventory management and
                  quality control work associated with the production and
                  assembly of touring motorcycles for AQ. Work hours associated
                  with services shall be subject to OPERATOR approval.

5. INDUSTRY CONTRACTOR and AQ Obligations

INDUSTRY CONTRACTOR, AQ, hereby agree:

         A.                To employ AOs in various aspects of motorcycle
                  production and assembly as described in Section 4B above.
                  Specifically, the painting, polishing and fiberglass
                  fabrication will all take place at the SBCF (PHASE I) and all
                  assembly, in order to produce the finished product will take
                  place at the MHCF (PHASE II).

         B.                To provide and manage all of the labor force as well
                  as hire free-world employees to supervise the AOs working in
                  the PIE program at SBCF and MHCF.

         C.                That AQ shall provide supervisory and quality control
                  (QC) training and will also inspect the final product at the
                  MHCF before it is shipped to its ultimate destination.

         D.                That AQ shall repay OPERATOR for all of the capital
                  and other expenses, excluding build-out and installation
                  costs, but including freight if paid by OPERATOR, for PHASE I
                  equipment expenditures over seven years at an interest rate
                  of 11.0%. After OPERATOR has made all expenditures related



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                  to PHASE I, a payback schedule will be determined based upon
                  the aforementioned 11.0% interest rate and seven (7) year
                  term. OPERATOR will provide notice and itemization of all
                  expenditures as well as the payback schedule to AQ (but not
                  earlier than forty five (45) days after the AREA has become
                  operable). Payments will be made in quarterly installments,
                  with the first payment due forty five (45) days after
                  OPERATOR has provided expenditure and payback schedule
                  information to AQ. In the event of contract cancellation or
                  terminations prior to the end of the seven (7) year payback
                  period, all outstanding unpaid quarterly payments will become
                  due and must be paid to OPERATOR or assumed by AQ within
                  thirty (30) days of the date of contract cancellation or
                  termination. Title to the Equipment shall be taken in the
                  name of AQ, subject to the liens of OPERATOR, and OPERATOR's
                  lender to secure payment as above provided. The equipment for
                  PHASE I and its costs are set forth in Attachment A.

         E.                That upon successful implementation of PHASE I the
                  INDUSTRY CONTRACTOR shall contribute $175,000, OPERATOR shall
                  contribute $100,000, and AQ shall invest the balance of funds
                  for capital expenditures associated with Phase II. The capital
                  expenditures (including acquisition of equipment) required for
                  Phase II will be identified upon purchase. AQ agrees to repay
                  OPERATOR and INDUSTRY CONTRACTOR the sums of $100,000 and
                  $175,000 respectively, over seven years at an interest rate
                  11.0%. Payments will be made in quarterly installments, with
                  the first due thirty (30) days after notice of successful
                  completion of PHASE I and commencement of operations of Phase
                  II. In the event of contract cancellation or termination prior
                  to the end of the seven (7) year payback period, all
                  outstanding unpaid quarterly payments will become due and must
                  be paid to OPERATOR and INDUSTRY CONTRACTOR within thirty (30)
                  days of the date of contract cancellation or termination.
                  The financing will be secured by all equipment and leasehold
                  improvements acquired during Phases I and II.

         F.                That all materials, personal property, inventory
                  items, equipment, and/or fixtures or other property of any
                  kind or description whatsoever installed or brought into the
                  AREA by INDUSTRY CONTRACTOR, its agents or employees, shall be
                  at INDUSTRY CONTRACTOR's sole risk and neither the CPC,
                  OPERATOR, or any employees or agents thereof, shall be
                  liable for any damage or loss suffered thereto unless such
                  damage or loss arises out of the negligence, recklessness,
                  intentional or willful acts or misconduct of the CPC,
                  OPERATOR, or any of their agents or employees.



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         G.                That all permanent improvements or fixtures
                  permanently attached to the AREA shall become the property of
                  the real owner-in-interest of the building in which the AREA
                  is located, unless otherwise agreed in writing between all
                  applicable parties. The parties acknowledge that all raw
                  materials, work in process and finished good inventory is
                  owned exclusively by AQ.

         H.                That no additional alternations to the AREA may be
                  made by INDUSTRY CONTRACTOR without the prior written approval
                  of OPERATOR, which approval shall not be unreasonably
                  withheld.

         I.                That INDUSTRY CONTRACTOR and AQ, their employees and
                  agents will comply with all OPERATOR written policies and
                  procedures, (which first shall be furnished to INDUSTRY
                  CONTRACTOR and AQ) as well as all applicable federal, state,
                  and local laws, ordinances, and regulations, with particular
                  emphasis on federal and state wage and hour laws regarding
                  payment for work and other rules and regulations of the
                  federal and state agencies having jurisdiction over employment
                  relations. The INDUSTRY CONTRACTOR warrants that the
                  OPERATOR is not a secondary employer. The INDUSTRY CONTRACTOR
                  agrees that no goods produced under this Agreement shall be
                  placed in commerce in violation of the laws of the State of
                  Florida or the United States as they relate to the utilization
                  of prison labor and Prison Industry Enhancement Certification
                  Program requirements.

         J.                That all deliveries, shipments, and employees are
                  subject to search before entering or leaving the Facility
                  premises.

         K.                To keep the AREA clean, neat and orderly and to
                  promptly report any damage to the building structure, interior
                  fixture(s), or unsafe conditions to OPERATOR.

         L.                To properly maintain in safe working condition all
                  INDUSTRY CONTRACTOR installed equipment and fixtures.

         M.                That throughout the term of this agreement, INDUSTRY
                  CONTRACTOR shall be responsible for the cost of all
                  utilities and telephone service to INDUSTRY CONTRACTOR's
                  provided AREA, which utilities shall be sub-metered and billed
                  directly to INDUSTRY CONTRACTOR;

         N.                That all INDUSTRY CONTRACTOR and AQ employees and
                  agents assigned to the Area shall be subject to background
                  security checks by


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<PAGE>   6

                  OPERATOR, and that OPERATOR shall have the right to deny
                  entrance to the AREA to any INDUSTRY CONTRACTOR or AQ employee
                  or agent reasonably deemed by OPERATOR to present a security
                  risk;

         O.                That all INDUSTRY CONTRACTOR and AQ employees
                  assigned to the AREA shall be obligated to successfully
                  complete the security training provided by OPERATOR;

         P.                In the hiring of all AO employees, comply with all
                  requirements of federal, state, and local non-discrimination
                  statutes and/or regulations. The INDUSTRY CONTRACTOR shall
                  provide the OPERATOR with job descriptions and personnel
                  procedures for all inmate jobs in the industry work program.

         Q.                To provide a non-inmate on-site supervisor at all
                  times AOs are working in the AREA and to provide for job
                  supervision and instruction to all hired AO employees. At
                  least one non-inmate free-world employee shall be provided for
                  the first twenty or fewer AOs employed. If the number of AOs
                  exceeds twenty, INDUSTRY CONTRACTOR will provide additional
                  non-inmates employees at a ratio they deem necessary to
                  properly supervise the inmate population, after consulting
                  with the OPERATOR.

         R.                To pay AO employees in accordance with Employment
                  Development Department (EDD) guidelines as developed for this
                  contract; at no time shall the pay rate be less than the
                  Federal Minimum Wage, or Florida minimum wage, whichever is
                  greater.

         S.                INDUSTRY CONTRACTOR shall be responsible for all
                  payroll functions and all tax and other legal deductions. Wage
                  payments shall be made not less often than semi-monthly in the
                  name of Florida Department of Corrections (DOC) for (inmate
                  name and DOC Number), and delivered according to instructions
                  provided by Florida Statute.

         T.                Inmates will be paid only for actual hours worked,
                  after they have successfully completed vocational/technical
                  training and have received fourteen (14) days of actual
                  on-the-job training. AOs will not be paid while they are in
                  training. Employed inmates will work or be in training at
                  least four (4) hours per day. The work hour schedules for all
                  AO employees assigned to the Industry work program shall be
                  established by OPERATOR, after consultation with the
                  INDUSTRY CONTRACTOR, and AQ and OPERATOR shall use its best
                  efforts to comply with INDUSTRY CONTRACTOR's and AQ's



                                      -6-
<PAGE>   7

                  scheduling requests Overtime hours may be arranged, at the
                  request of the INDUSTRY CONTRACTOR, and AQ with prior approval
                  of OPERATOR.

         U.                That INDUSTRY CONTRACTOR shall, effective ninety
                  (90) days after the training period has been completed, employ
                  not fewer than ten (10) AOs working a minimum of twenty (20)
                  hours per week on a continuing basis. Subject to the
                  availability of qualified AOs within the facilities and the
                  volume of business, INDUSTRY CONTRACTOR shall use its
                  reasonable efforts to employ at least the minimum number of
                  inmates as referenced in Attachment B. Notwithstanding
                  anything to the contrary in this Agreement, INDUSTRY
                  CONTRACTOR and AQ shall have the right to reject or terminate
                  any AO for any reasons which do not constitute a violation of
                  federal or state laws. INDUSTRY CONTRACTOR shall give notice
                  and reasons of any adverse personnel action involving AOs to
                  OPERATOR within fourteen (14) days of any such action.
                  Further, INDUSTRY CONTRACTOR and AQ may increase or decrease
                  work levels at the facilities to reflect fluctuations in
                  orders.

         V.                That the employment of AOs will not, to the knowledge
                  of the INDUSTRY CONTRACTOR, result in the displacement of
                  employed workers within South Central Florida, that the AOs
                  will not be employed as strikebreakers or impair existing
                  contracts at other industries wherever situated, and that the
                  AOs will not be exploited in any form which might adversely
                  affect the community, the AOs, CPC or the DOC.

         W.                That the CPC, DOC, OPERATOR, and their employees or
                  agents shall not be held liable for any damage to Industry
                  Contractor or any third party arising from or related to any
                  work stoppage or resident lock downs regardless of the reasons
                  therefor.

         X.                To protect, defend, indemnify and hold harmless the
                  CPC, DOC, OPERATOR, and their employees or agents, from any
                  liability claims and damages arising from or relating to this
                  agreement unless such liability arises out of the
                  negligence, recklessness, intentional or willful acts, or
                  misconduct of the CPC, DOC, OPERATOR, or any of their
                  employees or agents.


         Y                 To comply with all state and local license
                  requirements and pay all local personal property taxes.

         Z.                The INDUSTRY CONTRACTOR shall maintain insurance
                  coverage for its equipment, supplies and materials located in
                  the industries building against



                                      -7-
<PAGE>   8

                  casualty occurrences. Further the INDUSTRY CONTRACTOR shall
                  maintain liability insurance coverage on itself, its agents,
                  servants and employees in an amount no less than $1,000,000
                  per occurrence for bodily injury and property damage liability
                  combined. The INDUSTRY CONTRACTOR shall also maintain workers'
                  compensation insurance on its employees in accordance with the
                  laws of the State of Florida and the PIE Certification
                  requirements. The INDUSTRY CONTRACTOR shall deliver to
                  OPERATOR a duly authenticated certificate evidencing such
                  insurance within sixty (60) days of execution of this
                  agreement, and upon each insurance renewal date.


         AA.               INDUSTRY CONTRACTOR shall indemnify and hold harmless
                  OPERATOR and CPC from any and all liability arising out of or
                  in connection with INDUSTRY CONTRACTOR'S use, production,
                  storage, or disposal of any "hazardous materials" or
                  "hazardous waste" hereinafter defined. OPERATOR shall have the
                  right to inspect and approve all storage and disposal
                  procedures.


                  "HAZARDOUS MATERIAL" shall mean any substance which is or
                  contains (i) any "hazardous substance" as now or hereafter
                  defined in 101(14) of the Comprehensive Environmental
                  Response, Compensation, and Liability Act of 1980, as amended
                  ("CERCLA") (42 U.S.C. 9601 et seq.) or any regulations
                  promulgated under CERCLA; (ii) any "hazardous waste" as now or
                  hereafter defined in the Resource Conservation and Recovery
                  Act (42 U.S.C. 6901 et seq. ("RCRA") or regulations
                  promulgated under RCRA; (iii) any substance regulated by the
                  Toxic Substances Control Act (15 U.S.C. 2601 et seq.); (iv)
                  gasoline, diesel fuel, or other petroleum hydrocarbons; (v)
                  asbestos and asbestos containing materials, in any form,
                  whether friable or non-friable; (vi) polychlorinated
                  biphenyl's; (vii) radon gas: and any additional substances or
                  materials which are now or hereafter classified or considered
                  to be hazardous or toxic under Environmental Requirements (as
                  hereinafter defined) or the common law, or any other
                  applicable laws relating to the Property. "Hazardous waste"
                  shall mean a solid waste, or combination of solid wastes,
                  which because of its quantity, concentration, or physical,
                  chemical, or infectious characteristics may (a) cause, or
                  significantly contribute to an increase in mortality or an
                  increase in serious irreversible, or incapacitating
                  reversible, illness; or (b) pose a substantial present or
                  potential hazard to human health or the environment when
                  improperly treated, stored, transported, or disposed of, or
                  otherwise managed. 42 U.S.C. 6903, as amended. INDUSTRY
                  CONTRACTOR shall be in compliance and current on all changes
                  to the above-referenced statutes and shall immediately comply
                  with any



                                      -8-
<PAGE>   9

                  amendments to those sections or any statutes promulgated by
                  the State of Florida.

         BB.               Certificate of Good Standing. INDUSTRY CONTRACTOR
                  shall, on an annual basis, deliver to OPERATOR a Certificate
                  of Good Standing from the State of Florida Comptroller's
                  Office that indicates that INDUSTRY CONTRACTOR is current on
                  all taxes due.

         CC.               ACA Assistance. Where ACA accreditation is being
                  sought by OPERATOR, INDUSTRY CONTRACTOR shall comply with all
                  ACA standards applicable to the Industry Program and shall
                  collect and maintain the required documentation to assist
                  OPERATOR to achieve and maintain accreditation.

6.       OPERATOR'S OBLIGATIONS

         OPERATOR agrees to:

         A.                Provide INDUSTRY CONTRACTOR with the AREA described
                  in Section 3, and provide for project management and
                  supervision for all improvements in the AREA and the
                  installation of equipment.

         B.                Provide orientation training regarding OPERATOR
                  security procedures for INDUSTRY CONTRACTOR's staff,
                  employees, and/or agents located at or regularly frequenting
                  the Area.

         C.                Provide all appropriate security for the AREA and
                  other resident custody support.

         D.                Use its best efforts, including making arrangement
                  with correctional authorities for the relocation of AOs so
                  that all available jobs are filled, to provide INDUSTRY
                  CONTRACTOR with AO employees through OPERATOR's classification
                  system in a timely manner.

         E.                Serve as Trustee of resident employee payroll
                  accounts and to apply the proceeds of such accounts in
                  accordance with the terms of all-applicable Florida State
                  laws, regulations, and contract provisions.

         F.                Provide a mutually agreeable Vocational/Educational
                  training tailored to INDUSTRY CONTRACTOR's and AQ's needs
                  for initial pre-hire training through the OPERATOR's
                  Vocational/Educational Program. After



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<PAGE>   10

                  AO successfully completes the training, he will receive
                  fourteen (14) days of on-the-job training before becoming
                  eligible for hire.

         G.                Assist in Hazcom Training of residents and INDUSTRY
                  CONTRACTOR's employees utilizing course materials to be
                  supplied by INDUSTRY CONTRACTOR. However, such assistance will
                  not reduce, diminish or otherwise waive any legal liabilities,
                  properly and legally the responsibility of INDUSTRY
                  CONTRACTOR.

7.       Contingencies and other Obligations

         This agreement shall be subject to only contingencies and additional
         obligations if agreed upon and in writing by OPERATOR and INDUSTRY
         CONTRACTOR.

8.       Termination

         A.                Either OPERATOR, INDUSTRY CONTRACTOR or AQ, in its
                  exclusive discretion, may terminate its obligations under this
                  agreement upon thirty (30) day's prior written notice to the
                  others, provided, however, that if this Agreement is
                  terminated by OPERATOR, that INDUSTRY CONTRACTOR and AQ shall
                  be allowed one extension of up to six (6) months prior to the
                  termination under this provision in order to obtain a new
                  facility and relocate its equipment and operations thereto in
                  an orderly and business-like manner.

         B.                This agreement may be terminated or suspended on an
                  immediate basis by OPERATOR if it shall have been advised by
                  the DOC that its continuance would constitute a safety or
                  security risk to inmates, employees, third parties, or the
                  public or if CPC or DOC shall terminate all agreements with
                  OPERATOR.

         C.                In the event OPERATOR is terminated from its
                  operations and management agreements with the DOC or the CPC
                  to provide correctional services at either SBCF or MHCF, it
                  will use its best efforts to assist INDUSTRY CONTRACTOR and AQ
                  with help reasonably necessary to continue their operations
                  with the DOC and the CPC.



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<PAGE>   11

9.       Default by INDUSTRY CONTRACTOR

         A material failure to keep, perform, meet or comply with any covenant,
         agreement, term or provision of this Agreement to be kept, observed,
         met, performed, or complied with by INDUSTRY CONTRACTOR hereunder,
         which such failure continues for a period of sixty (60) days after
         INDUSTRY CONTRACTOR has written notice thereof shall constitute an
         Event of Default on the part of INDUSTRY CONTRACTOR. INDUSTRY
         CONTRACTOR shall indemnify OPERATOR for all losses incurred by reason
         of not being able to conduct the contemplated activities at the
         Buildings.

10.      Space Usage

         In the event that the INDUSTRY CONTRACTOR does not utilize the AREA in
         the most efficient manner to maximize work production and the number of
         resident employees to be employed, the OPERATOR may, in its discretion,
         remove from INDUSTRY CONTRACTOR'S use that amount of space in the Area
         not being utilized. In the event of this circumstance, OPERATOR shall
         give INDUSTRY CONTRACTOR written notice of its intention to reduce the
         workspace made available to INDUSTRY CONTRACTOR. INDUSTRY CONTRACTOR
         shall have ninety days after it has received written notice thereof to
         more efficiently utilize the space to be removed from it by OPERATOR,
         and at the same time, submit a plan to OPERATOR as to how that space
         will be more efficiently utilized. If after the ninety days, the
         INDUSTRY CONTRACTOR is still not utilizing the space in the most
         efficient manner in accordance with OPERATOR'S expectations, that space
         will be taken away from INDUSTRY CONTRACTOR and, in the discretion of
         the OPERATOR, made available to itself or other INDUSTRY CONTRACTORS.
         This  provision of paragraph 11 shall apply only in the event that the
         INDUSTRY CONTRACTOR is unable to comply with Section 5; otherwise this
         Section 11 will not be applicable.

11.      Default by OPERATOR

         A material failure to keep, perform, meet or comply with any covenant,
         agreement, term or provision of this Agreement to be kept, observed,
         met, performed, or complied with by OPERATOR hereunder, which such
         failure continues for a period of ten (10) days after OPERATOR has
         written notice thereof, shall constitute an Event of Default on the
         part of the OPERATOR, provided, however, that OPERATOR shall not be in
         default if it is taking all reasonable actions to comply with such
         agreement and that such compliance can be obtained in not more than
         thirty (30) days. OPERATOR shall indemnify INDUSTRY CONTRACTOR and AQ
         for all losses incurred by reason of not being able to conduct the
         contemplated activities at the Buildings.



                                      -11-

<PAGE>   12

12.      Original Agreement

         This Agreement may be executed in one or more separate counterparts,
         each of which shall be deemed an original, but all of which together
         shall constitute but one and the same instrument.

13.      Complete Agreement

         This Agreement contains all of the terms and conditions agreed to by
         the parties involved. No other understandings, oral or otherwise,
         regarding the subject matter of this Agreement shall be deemed to exist
         or to be binding upon any party hereto.

14.      Modifications

         This Agreement may not be modified, altered or amended except by
         written agreement executed by all the parties hereto.

         IN WITNESS WHEREOF, the parties hereto affix their respective
         authorization signatures effective the date first set forth above.


Wackenhut Corrections Corporation            U.S. Technologies Inc.
(OPERATOR)                                   (INDUSTRY CONTRACTOR)


By: /s/ Patricia McNair Persante             By: /s/ Greg Earls
   ----------------------------------           -------------------------------
  Patricia McNair Persante                      Greg Earls
  Senior Vice President, Contracts              President, Chairman and CEO


Date: 10-19-99                               Date: 10-21-99
     --------------------------------             -----------------------------

                                             American Quantum Cycles, Inc.
                                             (AQ)

                                             By: /s/ Gary W. Irving
                                               --------------------------------
                                                Gary W. Irving
                                                Chief Operating Officer


                                             Date: 10-20-99
                                                  -----------------------------



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<PAGE>   13

                                  ATTACHMENT A
                           EQUIPMENT LIST FOR PHASE I

<TABLE>
<CAPTION>
                                                                                                           COST
                                                                                                      --------------
     <S>                                                                                              <C>
     1.  Special, Sidedraft, Pressurized, Dry Filter Automotive Paint Spray Booth                     $    48,604.00
     2.  Paint Mix Room Special Non-Pressurized Dry Filter Industrial                                 $     6,186.00
     3.  Production Paint Spray Booth                                                                 $     5,865.00
     4.  Optional Air Make Up Unit for Production Booth                                               $     5,199.00
     5.  Super-Slave Gel-Coat Dispensing Equipment                                                    $     7,128.00
     6.  Hankinson Refrigerated Air Dryer                                                             $     1,252.00
     7.  Haz-Vault Hazardous Material Storage Locker                                                  $    11,810.00
     8.  Haz-Vault Options                                                                            $     7,405.00
     9.  Spray Equipment                                                                              $     1,776.00
     10. Installation of Items 1,2,3, and 4                                                           $    13,200.00
     TOTAL INVESTMENT BASED ON QUOTE FROM LEE PATTERSON CO.                                           $   108,425.00
</TABLE>

              EQUIPMENT REQUIRED FOR START-UP OF POLISHING STATION

<TABLE>
<CAPTION>
Description                                         Part Nos.*     Qty.     Unit Price
-----------                                         ----------     ----     ----------
<S>                                                 <C>            <C>      <C>                       <C>
Air Tools:
    90 Degree Angle Die Grinder                       3Y495         10      $   381.00                $    3,810.00
    High-Speed Die Grinder                            3Y489         10      $   268.00                $    2,680.00
    Dual Action Orbital Sanders                       52345         10      $   263.00                $    2,630.00
    Belt Sanders 1/2 x 12                             3Y493         5       $   505.00                $    2,525.00

Floor Mounted Polisher:

    Polisher                                          2Z341         10      $   209.00                $    2,090.00
    Stands                                            4Z154         10      $    80.00                $      800.00

Polishing/tembler/deburr:

    18 Lbs. Tumbler                                   6A898         2       $   190.00                $      380.00
    45 Lbs. Tumbler                                   6A899         2       $   374.00                $      748.00

*All part numbers are out of Grainger

                                                         TOTAL POLISHING INVESTMENT                   $   15,663.00
                                                                        GRAND TOTAL                   $  124,088.00
</TABLE>




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<PAGE>   14

   MINIMUM AND MAXIMUM LABOR BY FUNCTIONAL AREA AND PRODUCTIVITY LEVEL (NUMBER
                                 OF BIKES/MONTH)

<TABLE>
<CAPTION>
                                                     100 Bikes/Month     200 Bikes/Month    300 Bikes/Month
                                                     ------------------------------------------------------

<S>                 <C>                              <C>                 <C>                <C>
Paint               Min Semi-Skilled Labor                   4                  8                  13
                    MAX SEMI-SKILLED LABOR                  15                 30                  50
Polishing           Min Semi-Skilled Labor                   3                  5                   8
                    MAX SEMI-SKILLED LABOR                  10                 20                  30
Fiberglass          Min Semi-Skilled Labor                   3                  5                   8
                    MAX SEMI-SKILLED LABOR                  10                 20                  30
Final Assembly      Min Semi-Skilled Labor                  13                 26                  39
                    MAX SEMI-SKILLED LABOR                  52                104                 156
Inventory           Min Semi-Skilled Labor                   3                  6                   9
                    MAX SEMI-SKILLED LABOR                  12                 24                  36
                                                     ------------------------------------------------------
Quality Control     Min Semi-Skilled Labor                   3                  6                   9
                    MAX SEMI-SKILLED LABOR                  12                 24                  36
Grand Total         Min Semi-Skilled Labor                  15                 30                  46
                    MAX SEMI-SKILLED LABOR                 111                222                 338
</TABLE>


                                  ATTACHMENT B


                                      -14-