Document:

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                                                                    EXHIBIT 10.9

                                                                      SCHEDULE 1

SHARE SALE AGREEMENT

between

GERRIT VAN URK

and

ALBERT VAN URK

and

GUY REDFORD

and

TECHNOR INTERNATIONAL INC

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<TABLE>
<CAPTION>

                                              TABLE OF CONTENTS
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NO       CLAUSE                                                                                             PAGE NO
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<S>      <C>                                                                                                     <C>
1        DEFINITIONS..............................................................................................1
2        PREAMBLE.................................................................................................4
3        SUSPENSIVE CONDITIONS....................................................................................4
4        SALE.....................................................................................................6
5        PURCHASE PRICE AND PAYMENT ..............................................................................6
6        COMPLETION...............................................................................................7
7        RISK AND BENEFIT.........................................................................................8
8        WARRANTIES...............................................................................................9
9        SHAREHOLDERS AGREEMENT..................................................................................11
10       INDEMNITIES.............................................................................................12
11       BREACH..................................................................................................13
12       ANNOUNCEMENTS...........................................................................................14
13       NON-VARIATION...........................................................................................14
14       ARBITRATION.............................................................................................15
15       GENERAL.................................................................................................16
16       INTERPRETATION..........................................................................................16
17       DOMICILIUM AND NOTICES..................................................................................18
18       GOOD FAITH..............................................................................................19
19       GOVERNING LAW AND JURISDICTION..........................................................................19
20       COSTS...................................................................................................20
21       COUNTERPARTS............................................................................................20

SCHEDULES

SCHEDULE 1           : EFFECTIVE DATE ACCOUNTS
SCHEDULE 2           : SELLERS' WARRANTIES
SCHEDULE 3           : DISCLOSURE SCHEDULE
</TABLE>

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                                                                          Page 1

1    DEFINITIONS

     For the purposes of this Agreement unless the context indicates otherwise -

1.1     "Agreement" means this share sale agreement and the schedules hereto,
        both as may be amended from time to time;

1.2     "Albert" means Albert Van Urk;

1.3     "Business Day" means any day other than a Saturday, Sunday or public
        holiday in the RSA, within the meaning of the Public Holidays Act, 1994
        of the RSA;

1.4     "Business Sale Agreement" means the business sale agreement to be
        concluded between the Company and Wasp SA (Proprietary) Limited for the
        sale as a going concern of the Company's business to Wasp SA
        (Proprietary) Limited;

1.5     "Company" means Wasp International (Proprietary) Limited, Registration
        Number 93/00271/07, a private company with limited liability
        incorporated under the laws of the RSA;

1.6     "Completion Date" means the second Business Day after the suspensive
        conditions referred to in 3.1 have been fulfilled;

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1.7     "Disclosure Schedule" means the disclosure schedule, in SCHEDULE 3;

1.8     "Effective Date" means 1 March 1999;

1.9     "Effective Date Accounts" means the unaudited balance sheet of the
        Company as at 28 February 1999 , in SCHEDULE 1;

1.10    "Gerrit" means Gerrit Van Urk;

1.11    "Guy" means Guy Redford;

1.12    "Option Agreement" means the original option agreement entered into
        between the Sellers and the Purchaser on 26 May 1998 and as amended and
        restated as at 13 May 1999;

1.13    "Purchaser" means Technor International Inc., a corporation registered
        in Nevada, United States of America with an address at Satraangsvagen
        88, S- 18237 Danderyd, Sweden;

1.14    "RSA" means the Republic of South Africa, including the nine provinces
        identified in section 103 of the Constitution of the Republic of South
        Africa, 1996;

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1.15    "Sale Shares" means 100 ordinary par value shares of R 1,00 each in the
        issued share capital of the Company, being 100% of the entire issued
        share capital at the Effective Date -

1.15.1     33 of which are held by Gerrit;

1.15.2     33 of which are held by Albert; and

1.15.3     34 of which are held by Guy;

1.16    "Sellers" means Gerrit, Albert and Guy collectively;

1.17    "Signature Date" means the date upon which all the parties to this
        Agreement have signed this Agreement or in the event of their having
        signed this Agreement on different dates, the date of the last signature

1.18    "Wasp Shareholders' Agreement" means the shareholders' agreement entered
        into between the Sellers and Michael Carroll on 6 August 1997 governing
        their relationship as shareholders in the Company;

1.19    "ZAR" means South African Rand, the lawful currency of the RSA.

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2    PREAMBLE

     The parties record that -

2.1     the Company is involved in the communications and technology industry,
        focussing primarily on the development of proprietary GSM technologies,
        and has become a leading South African company in this area;

2.2     the Company, in order to properly exploit the technologies that it has
        developed and the intellectual property rights that it owns, intends to
        restructure its business affairs;

2.3     one of the steps in the restructure referred to in 2.2 involves the
        Sellers selling all of their shares in the issued share capital of the
        Company to the Purchaser upon the Purchaser exercising the option set
        forth in the Option Agreement;

        and the parties have accordingly agreed to provide, in this Agreement,
        for the basis upon which the Purchaser will acquire from the Sellers
        the Sale Shares and are entering into this Agreement to give effect
        thereto.

3    SUSPENSIVE CONDITIONS

3.1     This Agreement is subject to and conditional upon the fulfilment of the
        following suspensive conditions on or before the Business Day
        immediately following the Signature Date or such later date as the
        parties may agree upon in writing, namely:

3.1.1   the approval of the board of directors of the Purchaser;

3.1.2   that the Business Sale Agreement be signed by the parties thereto and
        becomes unconditional in accordance with its terms;

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3.1.3   the approval of the board of directors of the Company of the
        registration of the transfer of the Sale Shares to the Purchaser should
        this Agreement become unconditional in accordance with its terms;

3.1.4   that the Sellers procure that Nedbank Limited, in its capacity as an
        authorised dealer on behalf of the RSA Reserve Bank, provide the
        Purchaser with a certificate stating that all consents and permissions
        that may be required from the RSA Reserve Bank for the validity of this
        Agreement and the transfer of the Sale Shares to the Purchaser in terms
        of this Agreement have been obtained by the Sellers;

3.1.5   that the Sellers procure that the Company's attorneys provide the
        Purchaser with a legal opinion that to the best of their knowledge and
        belief there are no other consents that may be required from the RSA
        government for the validity of this Agreement and the transfer of the
        Sale Shares to the Purchaser in terms of this Agreement.

3.2     The Sellers shall use their best endeavours to procure fulfilment of the
        suspensive conditions in 3.1.2, 3.1.3, 3.1.4 and 3.1.5. The Purchaser
        shall use its best endeavours to procure fulfilment of the suspensive
        conditions in 3.1.1.

3.3     The suspensive condition(s) in:

3.3.1   3.1.1 and 3.1.3 have been stipulated for the benefit of the Purchaser.
        The suspensive condition in 3.1.1 is not capable of being waived by the
        Purchaser, and the suspensive condition in 3.1.3 is capable of being
        waived by the Purchaser by giving written notice to that effect to the
        Sellers;

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3.3.2   3.1.2 has been stipulated for the benefit of the Sellers and is capable
        of being waived by the Sellers giving written notice to that effect to
        the Purchaser;

3.3.3   3.1.4 and 3.1.5 has been stipulated for the joint benefit of the
        Purchaser and of the Sellers and is not capable of being waived by
        either the Purchaser or the Sellers.

3.4     If any of the suspensive conditions in 3.1 remains unfulfilled or where
        applicable has not been waived in writing by the party for the benefit
        of which such suspensive condition has been stipulated, by 30 May 1999
        or such later date as the parties may agree upon in writing, this
        Agreement shall not come into force or effect. In such event no party
        shall have any claim against any other party by virtue of the provisions
        of this Agreement.

4    SALE

     The Sellers hereby sell to the Purchaser, which hereby purchases from the
     Sellers, the Sale Shares with effect from the Effective Date at the price
     and on the terms and conditions set out in this Agreement.

5    PURCHASE PRICE AND PAYMENT

5.1     The total purchase price payable by the Purchaser to the Sellers for the
        Sale Shares shall be US$ 450 000,00

5.2     The purchase price in 5.1 shall be paid in by the Purchaser to Guy,
        acting both in his personal capacity and as agent for the other Sellers,
        by telegraphic transfer at Nedbank Limited, Commercial Central Branch,
        account number 1284 011 623 on the Completion Date. By executing this
        Agreement Albert and Gerrit hereby

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                                                                          Page 7

        acknowledge and agree that Guy is authorised and has the power of
        attorney to so act on their behalf.

5.3     Payment of the purchase price pursuant to 5.1 shall constitute due and
        proper discharge by the Purchaser to the Sellers of all its obligations
        in terms of this clause 5 and the Purchaser shall not be obliged to take
        cognizance of any internal arrangements between the Sellers.

6    COMPLETION

     On the Completion Date representatives of the parties shall meet at the
     Company's business premises and -

6.1     the Sellers shall deliver the following documents to the Purchaser -

6.1.1   share certificates in respect of the Sale Shares;

6.1.1.1    share transfer forms in respect of the Sale Shares duly signed by the
           Sellers as transferors and reflecting the Purchaser or its nominee as
           transferee, provided the Purchaser shall have notified the Sellers of
           the identity of the nominee prior to the Completion Date;

6.1.1.2    a duly passed resolution of the Company appointing the Purchaser's
           nominees to the board of directors of the Company;

6.1.2   a resolution by the board of directors of the Company authorising
        registration of transfer of the Sale Shares from the Sellers into the
        name of the Purchaser or its nominee;

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6.1.3   a letter of resignation signed by each of the directors of the board of
        directors of the Company resigning from that board, together with a duly
        passed resolution of the board of directors of the Company in terms of
        which each of the Company's directors as at the Signature Date resigns
        from the board of directors of the Company;

6.1.4   a certificate signed by each of the Sellers that all the covenants,
        warranties and representations given by them in this Agreement, or in
        SCHEDULE 2 as at the Effective Date and where appropriate the Completion
        Date, are both true and correct.

7    RISK AND BENEFIT

     The risk in and benefit of the Sale Shares shall be deemed to have passed
     from the Sellers to the Purchaser on the Effective Date, notwithstanding
     the Signature Date and the Completion Date.

8    WARRANTIES

8.1     Each of the Sellers, jointly and severally, gives to the Purchaser all
        the warranties in SCHEDULE 2 in respect of the Company and warrant,
        jointly and severally to the Purchaser that -

8.1.1   he is the registered and beneficial owner of the number of Sale Shares
        set out opposite his name in 1.15 and that he is entitled and able to
        give transfer thereof to the Purchaser free of any liens, charges or
        other encumbrances of any nature whatsoever;

8.1.2   there are no other issued shares in the share capital of the Company;

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8.1.3   he has not granted any options or rights to acquire the Sale Shares to
        any third party;

8.1.4   neither he nor the Company have issued any warrants, convertible
        securities or other any other rights giving any third party the right to
        acquire any securities in the Company;

8.1.5   to the best of his knowledge and belief, the Company has sold all
        technology and intellectual property rights developed by it (or the
        Sellers) in the ordinary and regular course of the Company's business in
        respect of all those countries having all or part of their territories
        south of the Sahara Desert, to Wasp SA (Proprietary) Limited in terms of
        the Business Sale Agreement;

8.1.6   the Effective Date Accounts :

8.1.6.1    fairly reflect the state of affairs, business and profits of the
           Company as at the Effective Date;

8.1.6.2    have been drawn up in accordance with generally accepted accounting
           practice in the RSA,

8.1.6.3    except to the extent stated therein, have been drawn up on the basis
           of accounting policies consistent with prior years, and in accordance
           with the provisions of the Companies Act, 1973 and all other
           applicable laws;

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8.1.6.4    fully disclose all liabilities of the Company, whether direct or
           indirect, actual or contingent, insofar as these liabilities are
           required to be disclosed by generally accepted accounting practice in
           the RSA.

8.2     Subject to 8.1, 8.3 and the provisions of SCHEDULE 2, the Sellers do not
        give the Purchaser any warranties nor do they make any representations
        express or implied in relation to the Sale Shares or in respect of the
        Company or its business.

8.3     The Purchaser has entered into this Agreement on the strength of the
        warranties given by the Sellers herein and in SCHEDULE 2 and on the
        basis that such warranties will be correct as at the Signature Date, the
        Effective Date and on the Completion Date, unless the warranty, the
        context or Disclosure Schedule clearly indicates otherwise.

8.4     Each warranty shall be a separate and severable warranty, and shall in
        no way be limited to or restricted by reference to or inference from the
        terms of any other warranty, or by any words in this Agreement.

8.5     The warranties given by the Sellers to the Purchaser pursuant to 8.1,
        are given on the basis that:

8.5.1   no claim arising from any breach of any warranty may be brought after
        expiry of a period of 3 years calculated from the Completion Date;

8.5.2   the Sellers shall not be liable under any circumstances to the Purchaser
        for any consequential loss or damage or loss of profit whether in
        contract or in delict, arising from any breach of any

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        warranty and any and all such liability is hereby expressly excluded.

8.6     For the purpose of determining whether any of the warranties have been
        breached and, if so, for the purpose of determining the remedy arising
        from such breach, the warranties referred to in this clause 8 and in
        SCHEDULE 2 shall be deemed to have been qualified to the extent of any
        disclosures contained in this Agreement or in the Disclosure Schedule.

9    SHAREHOLDERS AGREEMENT AND CHANGE OF NAME

9.1     The Sellers hereby consent to the sale of the Sale Shares to the
        Purchaser in terms of this Agreement and waive any pre-emptive rights
        which any of them may have in respect of the Sale Shares pursuant to the
        provisions of the Wasp Shareholders' Agreement.

9.2     The Sellers, by executing this Agreement, hereby acknowledge and agree
        that the Wasp Shareholders' Agreement has been terminated with effect
        from the Signature Date without further liability to the Company.

9.3     The Purchaser hereby undertakes as soon as is reasonably possible after
        the Completion Date, to procure that the Company change its name to
        "CellPoint Systems SA (Proprietary) Limited" or such other name as may
        be agreed to by the parties in writing, provided that any name change
        shall always be subject to the approval of the Registrar of Companies.

10   INDEMNITIES

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10.1    The Sellers, jointly and severally, hereby indemnify and hold the
        Purchaser harmless against any liability incurred prior to the Effective
        Date:

10.1.1  in respect of the Company's business,

10.1.2  in respect of any breach of any of the Sellers' representations or
        warranties set forth in this Agreement (including SCHEDULE 2 insofar as
        such warranties relate to the Company's business, the Company's assets,
        the Company's employees, the contracts of the Company and the tax
        affairs of the Company);

10.1.3  against any demand, claim, action or other legal proceedings, made or
        instituted against the Purchaser in respect of any such liabilities, and
        against all costs (including attorney's fees) incurred by the Purchaser
        or awarded against it in respect of any such demand, claim, action or
        other legal proceedings provided that such liability has not been
        disclosed in the Effective Date Accounts or in the Disclosure Schedule,

        provided that the liability of the Sellers jointly in terms of 10.1.1
        and 10.1.2 shall in no circumstances exceed the sum of ZAR 350 000,00,
        and provided further that any such liability shall only endure for a
        period of 3 years from the Completion Date.

10.2    Notwithstanding anything to the contrary in this Agreement, and in
        particular the provisions of 10.1.3, the parties agree that the
        warranties given by each of the Sellers in 8.1.1, 8.1.2, 8.1.3, 8.1.4,
        8.1.5 and 8.1.6.4 shall not be limited to any extent whatsoever.

10.3    Any party relying on any claim pursuant to 10.1 ("the indemnified
        party") shall notify the other party ("the indemnifying party") in
        writing of any indemnified claim within 7 days after the indemnified

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        party first becomes aware thereof, to enable the indemnifying party to
        take steps to contest it; provided that the aforegoing shall not release
        the indemnified party from its obligation to diligently contest any such
        indemnified claim and provided further that the indemnified party shall
        not be entitled to settle or compromise any claim brought against it
        without the indemnifying party's prior written consent. All reasonable
        legal costs incurred by the indemnified party in so contesting any such
        claim shall be for the indemnifying party's account.

11   BREACH

11.1    The Sellers shall be entitled to cancel this Agreement summarily by
        giving written notice to that effect to the Purchaser if the Purchaser
        fails to pay on due date any amount which becomes due and payable and
        remains in default for 14 days after receiving written notice from the
        Sellers to remedy the default.

11.2    Should the Sellers commit any breach of this Agreement, the Purchaser
        shall not be entitled to cancel it unless the breach is material and
        cannot be remedied adequately by the payment of damages and, being such
        a breach, it is not remedied or is not capable of being remedied by
        specific performance within a reasonable time after the Sellers receive
        written notice from the Purchaser to remedy the breach.

11.3    The remedies of each party in terms of this clause 11, shall not be
        exhaustive and shall be in addition and without prejudice to any other
        remedies it has under or in consequence of this Agreement or the in
        terms of the RSA's common law.

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12   ANNOUNCEMENTS

     No party shall make any public announcement or statement about this
     Agreement or its contents without first having obtained the others' prior
     written consent (which may not be unreasonably withheld) to the
     announcement or statement and to its contents; except that the Purchaser
     shall be entitled to make such announcements and public disclosures as may
     be required by the Federal Securities Laws of the United States of America.

13   NON-VARIATION

     No alteration or variation to, or consensual cancellation of, this
     Agreement shall be of any force or effect unless it is recorded in writing
     and signed by all the parties to this Agreement.

14   ARBITRATION

14.1    Any dispute between the parties in regard to any matter arising out of
        this Agreement or its interpretation or their respective rights and
        obligations under this Agreement or its cancellation or any matter
        arising out of its cancellation, shall be submitted to and decided by
        arbitration.

14.2    There shall be 1 arbitrator who shall be, if the question in issue is -

14.2.1  primarily an accounting matter, an independent chartered accountant of
        not less than 15 years' standing;

14.2.2  primarily a legal matter, a practising attorney or advocate of not less
        than 15 years' standing;

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14.2.3  primarily a technical matter, a suitably qualified person;

14.2.4  any other matter, a suitably qualified person.

14.3    The appointment of the arbitrator shall be agreed upon between the
        parties, but failing agreement between them within a period of 14 days
        after the arbitration has been demanded, either of the parties shall be
        entitled to request the chairman for the time being of the Johannesburg
        Bar Council to make the appointment and, in making his appointment, to
        have regard to the nature of the dispute.

14.4    Subject to the other provisions of this clause 14, each arbitration
        shall be held in Johannesburg in accordance with the provisions of the
        Arbitration Act, 1965, as amended.

14.5    The decision of the arbitrator shall be final and binding on the
        parties, and may be made an order of any Court of competent
        jurisdiction. Each of the parties hereby submits itself to the
        jurisdiction of the Witwatersrand Local Division of the High Court of
        the RSA should the other party wish to make the arbitrator's decision an
        order of that court.

15   GENERAL

15.1    Any latitude or extension of time which may be allowed by any party
        shall not under any circumstances whatsoever act as an estoppel or be a
        waiver of that party's rights hereunder.

15.2    Subject to 12, the parties to this Agreement undertake to treat all
        matters relating to this Agreement and the schedules hereto as being
        confidential and, therefore, shall not, without the written approval of
        the others, disclose the provisions hereof to any third

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        party who or which does not have a legitimate interest in the contents
        thereof.

15.3    This Agreement constitutes the entire contract between the parties and
        no other claims, conditions, warranties, guarantees and representations
        of whatsoever nature shall be of any force or effect other than those
        which are included herein.

15.4    All the transactions and arrangements contemplated in this Agreement
        constitute one indivisible transaction.

16   INTERPRETATION

16.1    In this Agreement, unless the context requires otherwise -

16.1.1  words importing any one gender shall include the other two genders;

16.1.2  the singular shall include the plural and vice versa;

16.1.3  a reference to natural persons shall include created entities (corporate
        and unincorporate) and vice versa.

16.1.4  "day" means any day including a Saturday, Sunday or any official public
        holiday within the Republic of South Africa;

16.1.5  any reference to an enactment is to that enactment as at the date of
        signature hereof and as amended or re-enacted from time to time;

16.1.6  if any provision in a definition is a substantive provision conferring
        rights or imposing obligations on any party, notwithstanding that

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        it is only in the definition clause, effect shall be given to it as if
        it were a substantive provision in the body of this Agreement;

16.1.7  when any number of days is prescribed in this Agreement, that number of
        days shall be reckoned exclusively of the first and inclusively of the
        last day unless the last day falls on a Saturday, Sunday or official
        public holiday, in which event the last day shall be the next succeeding
        day which is not a Saturday, Sunday or official public holiday;

16.1.8  expressions or words defined in this Agreement shall bear the same
        meaning in the schedules to this Agreement which do not themselves
        contain definitions.

16.2    The headings in this Agreement have been inserted for convenience only
        and shall not be used for nor assist or affect its interpretation.

17   DOMICILIUM AND NOTICES

17.1    The parties choose the address set out below as the address at which all
        notices and other communications must be delivered for the purposes of
        this Agreement -

17.1.1  Gerrit at 20 Van Rooy Street, Potchefstroom or Telefax Number
        (018) 297 2121;

17.1.2  Albert at 20 Van Rooy Street, Potchefstroom or Telefax Number
        (018) 297 2121;

17.1.3  Guy at 4A, Redhill Road, Morningside, Sandton, 2128 or Telefax No.
        (011) 783-1719;

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17.1.4  Technor at Satraangsvagen 88,S-18237 Danderyd, Sweden, or Telefax Number
        (+468) 544-90005.

17.2    Any notice or communication required or permitted to be given in terms
        of this Agreement shall be valid and effective only if in writing but it
        shall be competent to give notice by telefax.

17.3    Any notice to a party contained in a correctly addressed envelope and
        delivered by hand to such party or to a responsible person during
        ordinary business hours located at its chosen address, shall be deemed
        to have been received on the day of delivery.

17.4    Any notice sent by telefax to a party at its telefax number shall be
        deemed (unless the contrary is proved) to have been received -

17.4.1  if it is transmitted during normal business hours, within 2 hours of
        transmission;

17.4.2  if it is transmitted outside normal business hours, within 2 hours of
        the commencement of normal business hours on the first Business Day
        after it is transmitted.

17.5    The parties choose the physical address set out opposite its name in
        17.1 as the address at which legal process must be delivered for the
        purpose of this Agreement.

17.6    The parties shall be entitled at any time to change their addresses for
        the purposes of this clause 17 to any other address in the RSA by giving
        written notice to that effect to the other, which change shall only be
        effective upon receipt.

18   GOOD FAITH

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     The parties undertake in favour of one another to observe the utmost good
     faith in the implementation of the provisions of this Agreement, and each
     of the parties hereby undertakes in favour of the other party that in their
     dealings with each other they shall neither do anything nor refrain from
     doing anything which might prejudice or detract from the rights, assets or
     interests of the other party.

19   GOVERNING LAW AND JURISDICTION

19.1    The validity of this Agreement, its interpretation, the respective
        rights and obligations of the parties and all other matters arising in
        any way out of this undertaking or its performance shall be determined
        in accordance with the laws of the RSA.

19.2    The parties hereby consent and submit to the jurisdiction of the
        Witwatersrand Local Division of the High Court of the Republic of South
        Africa for the purposes of all or any legal proceedings arising from or
        concerning this Agreement.

20   COSTS

20.1    Each party shall bear its own costs of and incidental to the
        negotiating, preparing and drawing of this Agreement.

20.2    The transfer duty payable on the transfer of the Sale Shares into the
        name of the Purchaser shall be borne by the Purchaser.

21   COUNTERPARTS

     This Agreement may be executed in any number of counterparts which when so
     executed will be deemed to be an original and all of which when

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                                                                         Page 20

     taken together will constitute one and the same instrument. One or more
     counterparts of this Agreement may be delivered via telefax with the
     intention that it will have the same effect as the delivery of an original
     counterpart hereof.

SIGNED at Johannesburg     on May 13                                       1999

                               /s/ GERRIT VAN URK
                               ------------------------------------------
                                 GERRIT VAN URK

SIGNED at Bruma            on May 13                                       1999

                               /s/ ALBERT VAN URK
                               ------------------------------------------
                                 ALBERT VAN URK

SIGNED at Bruma            on May 13                                       1999

                               /s/ GUY REDFORD
                               ------------------------------------------
                                   GUY REDFORD

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                                                                         Page 21

SIGNED at Johannesburg     on May 13                                       1999

                               For: TECHNOR INTERNATIONAL INC.

                               /s/ PETER HENRICSSON
                               -----------------------------------------
                                   Signatory:  Peter Henricsson
                                   Capacity:   Director
                                   Authority:  Board Resolution

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                                                                        Page 22

                                                                     SCHEDULE 1

EFFECTIVE DATE ACCOUNTS

FINANCIAL STATEMENTS OF WASP INTERNATIONAL (PROPRIETARY) LIMITED FOR FISCAL
YEAR ENDED FEBRUARY 28, 1999

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                                                                        Page 23

                                                                     SCHEDULE 2

SELLERS' WARRANTIES

        For purposes of this SCHEDULE 2, unless otherwise stated or the context
        indicates otherwise, the word "Company" shall mean the Company as
        defined in the agreement to which this schedule constitutes a schedule

1       EACH OF THE SELLERS, JOINTLY AND SEVERALLY, GIVE THE FOLLOWING
        WARRANTIES AS AT THE EFFECTIVE DATE AND AS AT THE COMPLETION DATE:

CONSTITUTION OF THE COMPANY AND SHARE CAPITAL STRUCTURE

1.1     The Company is incorporated as a private company with limited liability
        according to the laws of the RSA.

1.2     No steps have been taken or are pending for the deregistration of the
        Company, whether under Section 73 of the Companies Act, 1973 or
        otherwise howsoever, and no steps have been taken or are pending to
        liquidate the Company or place the Company under judicial management
        (whether such liquidation or judicial management is final or
        provisional).

1.3     The authorised share capital of the Company is R 4000,00 divided into
        4000 shares of R 1,00 each.

1.4     The issued share capital of the Company is R 100,00 divided into 100
        shares of R 1,00 each, fully paid up.

<PAGE>

                                                                         Page 24

1.5     No resolution has been passed nor is the Company obliged to increase or
        to reduce its authorised or issued share capital or to vary any of the
        rights attaching to the issued shares.

1.6     The Sellers are the registered and beneficial holders of the Sale Shares
        and are entitled and able to give to the Purchaser free and unencumbered
        title to the Sale Shares.

1.7     Save as disclosed in 9 the Agreement no third party has any right
        (including INTER ALIA, any option, pre-emptive right or right of first
        refusal) to acquire any of the Sale Shares, present or future.

1.8     No resolution has been passed nor is the Company obliged to alter its
        Memorandum of Association or Articles of Association or to create or to
        issue any debentures.

STATUTORY BOOKS, RECORDS AND ACCOUNTS

1.9     The minute books of the Company contain all of the resolutions passed by
        its directors and members.

1.10    The Company's books of account, minute books, registers and records have
        been fully and properly maintained according to law, are in its
        possession, and are capable of being written up within a reasonable time
        so as to accurately record all transactions to which the Company has
        been a party.

1.11    The Company's audited annual financial statements for the financial year
        ended 28 February 1999 have been drawn up:

1.11.1  in accordance with generally accepted accounting practice in the RSA,

<PAGE>

                                                                         Page 25

1.11.2  except to the extent stated therein, on the basis of accounting policies
        consistent with prior years, and

1.11.3  in accordance with the provisions of the Companies Act and all other
        applicable laws, and

1.11.4  to fairly reflect the financial position, affairs, operations and
        results of the Company as at that date and for the period to which they
        relate.

That, for the period up to and including the Effective Date, each of the Sellers
jointly and severally gives the following warranties, and for the period between
the Effective Date and the Completion Date, each of the Sellers, jointly and
severally, gives the following warranties to the best of their knowledge and
belief after due investigation and inquiry:

ASSETS

1.12    the Company is the owner of and is in lawful possession of, all of the
        assets reflected and as stated in the Effective Date Accounts, and that
        all such assets are owned free and clear of all liens, charges and
        encumbrances by the Company;

1.13    there are no material defects in any of the assets of the Company;

1.14    the Company and its assets are insured against the risks to which they
        are subject for amounts which accord with sound business practice for a
        period terminating not earlier than 30 days after the Completion Date,
        and all premiums due in respect of such insurance policies have been
        paid and there is no claim outstanding under any such policy;

1.15    the Company has not granted to anyone an option to purchase, or any
        right over any of its assets;

<PAGE>

                                                                         Page 26

EMPLOYEES

1.16    the Company has not given notice of termination to any of its key
        employees, and nor has any of its key employees resigned;

1.17    all leave entitlements, bonuses, salaries and other amounts relating to
        their employment by the Company to which any employees of the Company
        are entitled as at the Effective Date are reflected in the Effective
        Date Accounts and all such amounts due to such Employees have been paid
        as at the Completion Date, and that the Company is current in all of its
        obligations to employees as at the Completion Date and that the Company
        has not agreed to pay any compensation, bonuses or other incentives out
        of the ordinary course of business which have not been disclosed to the
        Purchaser;

CONTRACTS

1.18    the Company is not bound by any contracts, agreements or commitments
        entered into outside the ordinary course of its business;

1.19    all of the contracts of a material nature to which the Company is a
        party have been disclosed and delivered to the Purchaser and are of full
        force and effect according to their terms and the Company is not in
        material breach of any of those terms, and none of the material terms of
        the contracts has been amended or waived;

1.20    the Company has not given nor is it a party to any suretyships,
        guarantees, indemnities or similar documents in respect of any
        liabilities of any other person, and is not liable whether as guarantor,
        indemnifier, surety, co-principal debtor for any liabilities of any
        other person;

<PAGE>

                                                                         Page 27

BUSINESS

1.21    all necessary consents, licences, permits and other authorities required
        for the conduct of the business carried on by the Company in the places
        and in the manner in which such business is carried on at the Completion
        Date, have been obtained and are valid and in full force;

1.22    the Company is not a party to any litigation or arbitration proceedings,
        and to the best of the Sellers' knowledge and belief no litigation or
        arbitration proceedings are threatened against the Company, other than
        any proceedings that may have been instituted by the Company against any
        of its debtors for the recovery of debts due to the Company incurred in
        the ordinary course of business;

1.23    no dividends which have been declared by the Company, have not been paid
        by the Company;

1.24    save to the extent that provision for bad debts has been made in the
        Effective Date Accounts, the Company's book debts will be paid upon
        expiry of normal credit terms or within 90 days after the Completion
        Date, and in the event of any such amounts not being recovered by that
        date, the amounts not so recovered shall be paid by the Sellers to the
        Company against cession by the Company to the Sellers of its claim
        against the debtor in question;

TAX

1.25    the Company has duly and punctually paid all taxes, levies and duties
        which it has become liable to pay, and in particular without limiting
        the generality of the aforegoing, all the Company's assessments for tax
        which are due for payment prior to the Effective Date shall have been
        paid or adequate provisions or

<PAGE>

                                                                         Page 28

        reserves for tax shall have been established therefor in the Effective
        Date Accounts;

1.26    the Company has properly and punctually submitted all returns and
        provided all information required for tax purposes and, to the best of
        the Sellers' knowledge and belief, none of such returns is disputed by
        the Commissioner for Inland Revenue or any other authority.

2    EACH OF THE SELLERS, JOINTLY AND SEVERALLY, GIVE THE FOLLOWING WARRANTIES
     IN RESPECT OF THE PERIOD BETWEEN THE EFFECTIVE DATE AND THE COMPLETION DATE
     AND AGREE THAT :

2.1     The Company will not incur or become committed to incur any capital
        expenditure.

2.2     The Company will not enter into any transaction except in the ordinary
        and regular conduct of its business.

2.3     No resolutions will be passed by the members or directors of the Company
        other than such resolutions as are strictly necessary to give effect to
        this Agreement.

2.4     No dividend will be declared nor will any distribution out of profit,
        accumulated profit, reserves or capital of the Company be made.

2.5     The Company will not borrow any money.

<PAGE>

                                                                         Page 29

3    EACH OF THE SELLERS, JOINTLY AND SEVERALLY, GIVE THE FOLLOWING WARRANTY IN
     RESPECT OF THE PERIOD BETWEEN 1 MARCH 1999 AND THE COMPLETION DATE

3.1     There has not been and will not be any material adverse change in the
        financial position of the Company.

4    EACH OF THE SELLERS, JOINTLY AND SEVERALLY, TO THE BEST OF THEIR KNOWLEDGE
     AND BELIEF THAT AT THE EFFECTIVE DATE:

4.1     any and all software, hardware, peripherals, services, electronic
        equipment, interfaces and any other information technology used in the
        Business ("the IT Products") at the Effective Date is fully year 2000
        compliant. For purposes of this warranty, year 2000 compliance shall
        mean that the IT Products, together will all upgrades, enhancements and
        modifications thereto -

4.1.1   have been designed to and will function accurately, correctly,
        consistently and as expected without error or interruption prior to, on,
        and beyond 1 January 2000 and that neither the performance nor
        functionality of the IT Products will in any way be adversely affected
        by the passage of time from the twentieth to the twenty first century;

4.1.2   shall, without derogating from the generality of 4.1.1:

4.1.2.1    operate prior to, on and beyond 1 January 2000 without error,
           interruption or decreased performance relating or in any way
           connected to any data or input which includes an indication of or
           reference to date;

4.1.2.2    manage and manipulate data involving dates (including, but not
           limited to

<PAGE>

                                                                         Page 30

           calculating, comparing, sequencing, processing and outputting) so as
           to be capable of accepting date input, providing date output, storing
           date information, performing calculations on dates or portions of
           dates and identifying and renewing any abuses of date fields and
           data;

4.1.2.3    provide that all date-related user interface functionalities and data
           fields include the indication of century to eliminate data ambiguity
           without human intervention;

4.2     shall function accurately, correctly, consistently and as expected
        without error or interruption prior to, on and beyond 1 January in or
        together with any level of computer hardware and/or software including,
        but not limited to, microcode, firmware, application programs, files and
        databases; provided that such computer hardware and/or computer software
        or system is itself year 2000 compliant;

4.3     shall recognise the year 2000 as a leap year and act accordingly.

<PAGE>

                                                                         Page 31

                                                                      SCHEDULE 4

DISCLOSURE SCHEDULE

Not Applicable<PAGE>
                                                                  Exhibit 10-11

WASP INTERNATIONAL (PROPRIETARY) LIMITED SALE OF BUSINESS
AGREEMENT

between

WASP INTERNATIONAL (PROPRIETARY) LIMITED
(REG.  NO 93/00271/07)

and

WASP S.A. (PROPRIETARY) LIMITED
(REG NO.  99/06789/07)

[CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED BASED UPON A REQUEST FOR
CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 UNDER THE SECURITIES EXCHANGE
ACT OF 1934. OMITTED PORTION: SCHEDULE 8. THE OMITTED PORTION HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.]

<PAGE>

CONTENTS

<TABLE>
<CAPTION>
-------------------------------------------------------------------------
NO       CLAUSE                                                   PAGE NO
-------------------------------------------------------------------------
<S>      <C>                                                       <C>
1        DEFINITIONS                                                2
2        PREAMBLE                                                   6
3        SUSPENSIVE CONDITION                                       7
4        SALE                                                       8
5        EFFECTIVE DATE ACCOUNTS AND ADJUSTMENT ACCOUNT             9
6        PURCHASE PRICE AND PAYMENT                                13
7        CREDITORS AND LIABILITIES OF THE BUSINESS                 13
8        DELIVERY                                                  15
9        OWNERSHIP, RISK AND BENEFIT                               16
10       ASSIGNMENT OF CONTINUING CONTRACTS
         AND IMPROVEMENTS IN THE WGT                               17
11       LEASED ASSETS                                             20
12       WARRANTIES                                                21
13       EMPLOYEES OF THE BUSINESS                                 21
14       GOOD FAITH                                                23
15       PAYMENTS                                                  23
16       BREACH                                                    24
17       THE INSOLVENCY ACT, 1936                                  25
18       CONFIDENTIALITY AND PUBLIC ANNOUNCEMENTS                  25
19       ARBITRATION                                               26
20       DOMICILIUM CITANDI ET EXECUTANDI                          27
21       INTERPRETATION                                            29
22       GENERAL                                                   30
23       COSTS                                                     31
</TABLE>

<PAGE>

SCHEDULES

<TABLE>
<S>            <C>
SCHEDULE 1 :   DESCRIPTION OF THE BUSINESS
SCHEDULE 2 :   CONTRACTS
SCHEDULE 3 :   FIXED ASSETS
SCHEDULE 4 :   EXCLUDED ASSETS
SCHEDULE 5 :   VALUES OF CERTAIN ASSETS OF THE BUSINESS
SCHEDULE 6 :   LEASED ASSETS
SCHEDULE 7 :   EMPLOYEES NOT TO  BE TRANSFERRED IN TERMS OF
               CLAUSE 13 OF THE AGREEMENT
SCHEDULE 8 :   THE WGT
</TABLE>

                                                         1

<PAGE>

                                                                           2

1    DEFINITIONS

     In this agreement, unless the context requires otherwise, the words and
     expressions set out below shall have the meanings assigned to them and
     cognate expressions shall have a corresponding meaning, namely -

1.1      "Agreement"                means this agreement and all the
                                    schedules hereto;

1.2      "Assets"                   means all the assets used in or in
                                    connection with the Business which the
                                    Seller is selling to the Purchaser in
                                    terms of this agreement and which are
                                    described more fully in 4.4;

1.3      "Business"                 means the business referred to in 2.2 and
                                    more fully described in SCHEDULE 1 and
                                    includes the Assets owned by the Seller
                                    in connection with the Business, but
                                    excludes the Excluded Assets;

1.4      "Business Day"             means any day other than a Saturday,
                                    Sunday or public holiday in the RSA,
                                    within the meaning of the Public Holidays
                                    Act of the RSA, 1994;

1.5      "Completion Date"          means the date set out in 6.2;

1.6      "Contracts"                means all the contracts listed in
                                    SCHEDULE 2;

1.7      "Effective Date"           means 1 March 1999;

<PAGE>

                                                                               3

1.8      "Effective Date Accounts"  means the unaudited financial statements
                                    of the Seller in respect of the Business
                                    for the period commencing on 1 March 1998
                                    and ended on 28 February 1999, to be
                                    prepared by the Seller's auditors on the
                                    basis set out in 5.1;

1.9      "ETSI"                     means the European Telecommunications
                                    Standards Institute;

1.10     "Excluded Assets"          means the assets of the Business that the
                                    Seller is not selling to the Purchaser in
                                    terms of this Agreement, in SCHEDULE 4;

1.11     "Fixed Assets"             means all the motor vehicles, furniture,
                                    fittings and equipment, plant and
                                    machinery of the Business as at the
                                    Effective Date, listed in SCHEDULE 3;

1.12     "GSM"                      means the global system for mobile
                                    communication as defined in the ETSI
                                    standards;

1.13     "Liabilities"              means all the liabilities of the Seller
                                    in respect of the Business as shown in
                                    the Effective Date Accounts, even if the
                                    invoice or other form of voucher for that
                                    liability is only received after the
                                    Effective Date, but such liabilities
                                    shall not include -

<PAGE>

                                                                              4

1.13.1                              any liability for the payment by the
                                    Seller of any tax, duty or levy imposed
                                    by the Income Tax Act, 1962 or imposed by
                                    any other law administered by the
                                    Commissioner for Inland Revenue or
                                    imposed by any other fiscal or revenue
                                    laws;

1.13.2                              any liability which arises or which has
                                    arisen other than in the normal and
                                    ordinary course of the operation of the
                                    Business;

1.13.3                              any liability arising out of a
                                    contravention of any law (including,
                                    without being limited to, any regulation,
                                    standard, order, judgement, decree and
                                    other governmental or administrative
                                    requirements having the force of law) by
                                    the Seller in relation to the Business;

1.14     "Prime Rate"               means the basic quoted lending rate of
                                    interest at which  Nedbank Limited lends
                                    on overdraft from time to time,  as
                                    certified by any general manager of that
                                    bank, whose authority and appointment it
                                    shall not be necessary to prove;

1.15     "Purchaser"                means  Wasp S.A. (Proprietary) Limited
                                    (Reg No 99/06789/07), a private company
                                    with limited liability

<PAGE>

                                                                              5

                                    incorporated under the laws of the RSA;

1.16     "RSA"                      means the national territory of the
                                    Republic of South Africa comprising the
                                    nine provinces identified in section 103
                                    of the Constitution of the Republic of
                                    South Africa, 1996;

1.17     "Seller"                   means Wasp International (Proprietary)
                                    Limited (Reg No 93/00271/07), a private
                                    company with limited liability
                                    incorporated under the laws of the RSA;

1.18     "Signature Date"           means the date upon which both the
                                    parties to this Agreement have signed
                                    this Agreement or, in the event of their
                                    having signed the Agreement on different
                                    dates, the date of the last signature;

1.19     "Technor"                  means Technor International Inc, a
                                    corporation registered in Nevada, United
                                    States of America with an office at
                                    Satraangsvagen 88, S-18237 Danderyd,
                                    Sweden;

1.20     "Territory"                means all those countries or territories
                                    on the African continent whose sovereign
                                    territory or any part thereof lies South
                                    of the Sahara Desert;

<PAGE>

                                                                              6

1.21     "WGT"                      means all the GSM technologies or
                                    products owned or developed by the Seller
                                    as at the Signature Date, including but
                                    not being limited to vehicle tracking
                                    systems, terminal units, communication
                                    processes (including computer operated
                                    programs), policy and procedures;
                                    technical information, know-how, whether
                                    or not patented or patentable, including,
                                    without limitation, specifications,
                                    marketing studies, physical performance
                                    and other operational information or data
                                    relating to any part of or improvement of
                                    any system developed and made available
                                    for commercial exploitation by the
                                    Seller, more fully described in
                                    SCHEDULE 8.

2   PREAMBLE

    It is recorded for the purpose of elucidating the operative provisions
    of this Agreement, that it is being entered into in the following
    circumstances, namely:

2.1      the Seller is involved in the communications and technology
         industry, focussing primarily on the development of proprietary GSM
         technologies, and has become a leading South African company in this
         area;

<PAGE>

                                                                              7

2.2      the Seller, in order to properly exploit the technologies that is
         has developed and the intellectual property rights that it owns,
         intends restructuring its business affairs;

2.3      one of the steps in the restructure referred to in 2.2 involves the
         Seller selling its Business to the Purchaser;

    and the parties have accordingly agreed to provide, in this Agreement,
    for the basis upon which the Purchaser will acquire from the Seller the
    Business as a going concern.

3   SUSPENSIVE CONDITION

3.1      This Agreement is subject to the suspensive condition that the board
         of directors of the Purchaser approves the transaction contemplated
         in this Agreement by no later than 31 May 1999 or such later date as
         the parties may agree to in writing.

3.2      If the suspensive condition in 3.1 remains unfulfilled on or before
         the date stipulated in 3.1 or such later date as the parties may
         agree upon in writing pursuant to 3.1, this Agreement shall not come
         into force or effect. In such event, neither party shall have any
         claim against the other party by virtue of the provisions of this
         Agreement.

4   SALE

4.1      The Seller hereby sells to the Purchaser, which purchases from the
         Seller, the Business (together with all the Assets thereof, but
         excluding the Excluded Assets) as a going concern, with effect from
         the Effective Date on the terms and conditions set out in this
         Agreement.

<PAGE>

                                                                               8

4.2      The Seller and the Purchaser agree that:

4.2.1    the enterprise being transferred in terms of this Agreement from the
         Seller to the Purchaser will constitute an income earning activity
         on the Effective Date and on the Completion Date;

4.2.2    since all the Assets necessary to carry on the enterprise being
         transferred by the Seller to the Purchaser in terms of this
         Agreement will be so transferred,

         the transfer of Assets and Liabilities contained in this Agreement
         falls within the ambit of section 11(1)(e) of the Value-Added Tax
         Act, 1991 and therefore VAT is payable at the rate of zero per cent.

4.3      Each of the Seller and the Purchaser respectively warrants to the
         other that it will, on the Signature Date and on the Completion
         Date, be registered as vendors in terms of the Value-Added Tax Act,
         1991.

4.4      The Assets sold by the Seller to the Purchaser in terms of 4.1
         consist, subject to 4.4.8 and 4.4.9, of all the assets of the
         Business at the Effective Date, including but not limited to:

4.4.1    all the intellectual property rights and know-how owned by the
         Business and relating to the WGT in the Territory;

4.4.2    the Fixed Assets;

4.4.3    cash-on-hand and cash-at-bank;

4.4.4    the Contracts;

<PAGE>

                                                                               9

4.4.5    the goodwill of the Business; and

4.4.6    all other assets used in connection with the day to day operations
         of the Business,

         but specifically excluding:

4.4.7    all assets not utilised by the Seller in connection with the day to
         day operations of the Business;

4.4.8    the Excluded Assets all of which are listed in SCHEDULE 5.

5   EFFECTIVE DATE ACCOUNTS AND ADJUSTMENT ACCOUNT

5.1      The Seller shall at its own cost and expense, which shall be fully
         provided for in the Effective Date Accounts, procure that its
         auditors audit the books and records of the Business and prepare the
         Effective Date Accounts, as soon as reasonably possible after the
         Effective Date, but in any event, by no later than 1 Business Day
         after the Signature Date.

5.2      The Seller warrants in favour of the Purchaser and undertakes to
         procure that:

5.2.1    the Effective Date Accounts shall:

5.2.1.1  reflect all the Assets and all the Liabilities of the Seller in
         respect of the Business at the Effective Date;

<PAGE>

                                                                              10

5.2.1.2  be drawn up in accordance with generally accepted accounting
         practice;

5.2.1.3  comply with the provisions of the Companies Act, 1973 and all other
         applicable laws;

5.2.1.4  include adequate provisions for all the Liabilities;

5.2.1.5  save as required in terms of the provisions of this Agreement, be
         prepared on the basis of accounting policies which were used in the
         preparation of the audited annual financial statements of the Seller
         for its financial year ended 28 February 1999 and except to the
         extent required by changes in South African generally accepted
         accounting practice since the date of the last audited annual
         financial statements;

5.2.1.6  fairly reflect the financial position, affairs, operations and
         results of the Business as at the Effective Date;

5.2.1.7  be signed by the Seller's auditors, without any qualification;

5.2.2    true copies of the Effective Date Accounts will be delivered to the
         Purchaser as soon as possible after their completion, but in any
         event by no later than 1 Business Day after the Signature Date.

5.3      In addition, the Seller shall at its cost and expense procure that,
         simultaneously with the preparation of the Effective Date Accounts,
         that its auditors prepare an adjustment account, subject to the
         provisions of 5.2.1.5, which shall reflect:

<PAGE>

                                                                              11

5.3.1    all prepayments of interest, taxation, rates, electricity, water,
         metropolitan substructure charges, insurance and the like made by
         the Seller in respect of the Business PRIOR to the Effective Date in
         respect of any period AFTER the Effective Date if such asset was not
         taken into account in arriving at the purchase price of the
         Business, as at the Effective Date, which amount shall be credited
         in the adjustment account to the Seller; and

5.3.2    all prepayments of interest, taxation, rates, electricity, water,
         metropolitan substructure charges, insurance and the like made by
         the Purchaser in respect of the Business AFTER the Effective Date in
         respect of any period PRIOR to the Effective Date if such asset was
         not taken into account in arriving at the purchase price of the
         Business, as at the Effective Date, which amount shall be credited
         in the adjustment account to the Purchaser.

5.4      Amounts credited to the Seller and the Purchaser pursuant to 5.3.1
         and 5.3.2 respectively, shall be set-off against each other and:

5.4.1    if there is a credit balance in favour of the Purchaser, then the
         purchase price in 6 shall be reduced by an amount equal to such
         balance; or

5.4.2    if there is a credit balance in favour of the Seller, then the
         purchase price in 6 shall be increased by an amount equal to such
         balance.

5.5      If an amount is owing by:

5.5.1    the Seller to the Purchaser pursuant to 5.4.1, such amount shall be
         due and payable by the Seller to the Purchaser by telegraphic
         transfer into a current account to be designated by the Purchaser
         for that purpose; or

5.5.2    the Purchaser to the Seller pursuant to 5.4.2, such amount shall be
         due and payable by the Purchaser by telegraphic transfer into the

<PAGE>

                                                                              12

         Seller's current account to be designated by the Seller for that
         purpose, within 10 Business Days after the Seller's auditors shall
         have  issued a certificate stipulating what amount is due and payable
         by either the Seller or the Purchaser pursuant to the provisions of
         5.3 and 5.4 and shall have delivered that certificate to both the
         Seller and the Purchaser.

5.6      For the purposes of the Effective Date Accounts, the Assets shall,
         subject to 5.2.1.2, be reflected at the following values:

5.6.1    the value of each item of the Fixed Assets referred to in 4.4.2 and
         the other assets referred to in 4.4.6 shall be its book value at the
         Effective Date, unless and to the extent indicated otherwise in
         SCHEDULE 5;

5.6.2    the value of the Contracts referred to in 4.4.4 shall be the value
         reflected in SCHEDULE 5;

5.6.3    the value of the goodwill referred to in 4.4.5, shall be the value
         reflected in SCHEDULE 5.

5.7      For the purposes of 5.6.1, the "book value" of any asset shall be
         the written-down value of the asset in the Seller's books after
         allowing for depreciation up to the Effective Date to the extent
         which such depreciation has been and will be allowed as a deduction
         for tax purposes.

6   PURCHASE PRICE AND PAYMENT

6.1      The purchase price to be paid by the Purchaser to the Seller in
         respect of the Business shall be R 1,00.

<PAGE>

                                                                              13

6.2      The purchase price in 6.1 shall be paid by the Purchaser to the
         Seller:

6.2.1    once the suspensive conditions in 3 have been fulfilled;

6.2.2    the Effective Date Accounts have been delivered to the Purchaser in
         accordance with 5.1 ("the Completion Date"), in cash provided that if
         any amount is due by the Seller to the Purchaser on that date in terms
         of 5.3.1 then such amount shall be deducted from the purchase price in
         6.1 and the balance, if any, shall be paid to the Seller.

7   CREDITORS AND LIABILITIES OF THE BUSINESS

7.1      Subject to 7.2, the Purchaser shall assume and discharge all the
         Liabilities which are reflected in the Effective Date Accounts.

7.2      Notwithstanding anything to the contrary anywhere else in this
         Agreement :

7.2.1    the Purchaser shall also  assume  and discharge any and all
         liabilities of the Business (or any part thereof) which are not
         reflected in the Effective Date Accounts and which cause of action
         arose prior to the Effective Date, provided that the Purchaser's
         total obligations and liabilities in terms of this 7.2.1 and 7.2.3
         shall in no circumstances whatsoever exceed the sum of R 350 000,00;

7.2.2    the Purchaser shall, from the Completion Date, assume all the
         obligations and liabilities of the Seller in connection with Matrix
         Vehicle (Tracking) Proprietary Limited;

<PAGE>

                                                                             14

7.2.3    the Purchaser shall, from the Completion Date, assume all the
         obligations and liabilities of the Seller in connection with any
         sale of technology agreement concluded between the Seller and a
         third party ("the Third Party") relating the WGT ("the Sale of
         Technology Agreement");

7.2.4    The Third Party shall be entitled to cede to any other person all of
         its rights in terms the Sale of Technology Agreement against the
         Seller and that such person shall accordingly be:

7.2.4.1  deemed to be a third party beneficiary of the obligations of the
         Purchaser in terms of the Sale of Technology Agreement;

7.2.4.2  to pursue against the Purchaser any claims that such person may have
         in connection with the representations, warranties and covenants
         made by the Seller to the Third Party in the Sale of Technology
         Agreement.

7.2.5    shall be construed so as to  relieve the Seller from the payment of
         any tax, duty or levy imposed by the Income Tax Act, 1962 or imposed
         by any other law administered by the Commissioner for Inland Revenue
         or imposed by any other fiscal or revenue laws, provided that the
         Purchaser shall reimburse the Seller for such tax amount as may be
         levied for the period between the Effective Date and the Completion
         Date against receipt of the relevant asssessment.

7.3      The Purchaser indemnifies the Seller and holds it harmless against
         all the Liabilities shown in the Effective Date Accounts and subject
         to the proviso in 7.2.1, against all other liabilities referred to
         in 7.2 and against any demand, claim, action or other legal
         proceedings made or instituted against the Seller in respect of any
         of such

<PAGE>

                                                                              15

         liabilities, and against all costs incurred by the Seller or awarded
         against it in respect of any such demand, claim, action or other
         legal proceedings.

7.4      Without prejudice to the provisions of 8.1.2, the Seller or its
         representatives shall be entitled to make copies of the books of
         account of the Business to such extent as the Seller may reasonably
         require from time to time, for the purposes of monitoring the way in
         which the Purchaser discharges its obligations under this clause 7.

8   DELIVERY

8.1      On the Completion Date:

8.1.1    each item of the Fixed Assets referred to in 4.4.2, the cash-on-hand
         and cash-at-bank referred to in 4.4.3 and the other assets referred
         to in 4.4.6 shall be delivered by the Seller to the Purchaser at the
         premises at which they are located on that date;

8.1.2    or as soon thereafter as is reasonably possible, the Seller shall
         deliver to the Purchaser all the Contracts, books, records and other
         documents of the Business as at the Effective Date provided that:

8.1.2.1  insofar as the Seller is obliged in law to retain any such book,
         record or document then he shall deliver a photocopy thereof to the
         Purchaser;

8.1.2.2  if the Seller requires to make copies of or to inspect any such
         book, record or document after the Effective Date then it shall be
         entitled to do so during normal business hours upon giving the
         Purchaser

<PAGE>

                                                                              16

         reasonable written notice to that effect, provided that such book,
         record or document relates to the operations of the Business prior
         to the Effective Date.

9   OWNERSHIP, RISK AND BENEFIT

9.1      All risk and benefit in the Assets and the Business shall pass from
         the Seller to the Purchaser on the Effective Date.

9.2      Notwithstanding delivery in terms of 8 and the passing of the risk
         referred to in 9.1, the ownership of the Assets and the Business
         shall only pass from the Seller to the Purchaser on the Completion
         Date.

9.3      The parties record that the Seller will continue to operate the
         Business during the period between the Effective Date and the
         Completion Date as agent for and on behalf of the Purchaser, and
         between the Seller and the Purchaser INTER SE, the Purchaser would
         subject always to the provisions of 9.4 and 9.5, be put in the same
         position as that in which the Purchaser would have been, had the
         transfer of the Assets of the Business physically taken place on the
         Effective Date.

9.4      Any profit made or any loss suffered or liability incurred by the
         Business during the period between the Effective Date and the
         Completion Date shall be for the Purchaser's sole benefit and
         account provided that the Purchaser shall not be liable for any loss
         if any of the assets of the Business are sold or otherwise disposed
         of during the period between the Effective Date and the Completion
         Date without the prior written approval of the Purchaser.

<PAGE>

                                                                              17

9.5      The Purchaser hereby indemnifies the Seller and holds it harmless
         against any claim which may be instituted by any third party against
         the Seller for any loss or damage or liability incurred by any such
         third party during the period after the Effective Date insofar as
         the carrying on of the Business during the period after the
         Effective Date is concerned

10  ASSIGNMENT OF CONTINUING CONTRACTS AND IMPROVEMENTS IN THE WGT

10.1     For the purposes of this clause 10, "Continuing Contract", in
         relation to the Business, means the ongoing Contracts entered into
         by the Seller with third parties for the purposes of the Business.

10.2     The Seller shall, subject to 10.4, be obliged to assign to the
         Purchaser with effect from the Effective Date, all its rights and
         obligations under every Continuing Contract, and the Purchaser shall
         be obliged to accept the assignment of all those rights and
         obligations under each such Continuing Contract.

10.3     Each party shall be obliged to enter into all such agreements and
         sign all such documents and do all such things as may reasonably be
         required of it to give effect to the provisions of 10.2.

10.4     Where any other party to any Continuing Contract assigned to the
         Purchaser in terms of 10.2 does not consent to its assignment then:

10.4.1   the Purchaser shall carry out the Seller's obligations under the
         Continuing Contract in question, as if the Purchaser were a
         subcontractor to the Seller, and shall be entitled to all of the
         Seller's rights and benefits under the Continuing Contract in
         question;

<PAGE>

                                                                              18

10.4.2   if the terms of the Continuing Contract do not permit the provisions
         of 10.4.1 to be carried into effect, then the Purchaser and the
         Seller shall co-operate with each other in a lawful manner to enable
         the objects of this clause 10 to be achieved with respect to the
         contract in question.

10.5     The Purchaser hereby indemnifies the Seller and holds it harmless
         against any claim or loss instituted or asserted by any third party
         against the Seller for any loss or damage or liability incurred by
         or to such third party with respect to the conduct of the Business
         after the Effective Date, but only in respect of any claims, the
         cause of action of which will have arisen before the Effective Date,
         provided that the Purchaser shall not be obliged to indemnify the
         Purchaser against any liability of the Seller which is included
         among the Liabilities as shown in the Effective Date Accounts and
         provided further that the Purchaser's total obligations and
         liabilities in terms of this 7.2.1 and 7.2.3 shall in no
         circumstances whatsoever exceed the sum of R 350 000,00.

10.6     Should either the Purchaser or the Seller, or any employee of the
         Purchaser or the Seller or anyone else under the Purchaser's or the
         Seller's control or working in association with the Purchaser or the
         Seller, as the case may be ("the Discovering Party"), make or
         discover any improvement relating to the WGT and capable of
         commercial exploitation:

10.6.1   the Discovering Party shall  be obliged to notify the other party
         thereof ("the Receiving Party") as soon as is reasonably possible
         under the circumstances and to make the relevant know-how,
         technology and related intellectual property ("the New Intellectual
         Property") available for exploitation to the Receiving Party free of
         any royalty, charge or fee of whatsoever nature, provided that the
         Receiving Party:

<PAGE>

                                                                              19

10.6.1.1 should such party be the Purchaser, shall only be entitled to
         exploit the New Intellectual Property in the Territory;

10.6.1.2 should such party be the Seller, shall only be entitled to exploit
         the New Intellectual Property in countries and territories not in
         the Territory; and

10.6.2   if the improvement in question is an invention capable of being
         registered as a patent, then:

10.6.2.1 the Discovering Party shall have the right to apply at its cost for
         letters patent therefor in the RSA, the Territory and in all other
         countries of the world;

10.6.2.2 any letters patent issued in respect of the invention shall be and
         remain the Discovering Party's sole property, subject always to the
         Receiving Party's right of use and exploitation in terms of 10.6.1.

11  LEASED ASSETS

11.1     The Seller, insofar as it is able to do so, hereby cedes all of its
         rights and delegates all of its obligations under the leases of
         assets and instalment sale agreements set out in SCHEDULE 6 to the
         Purchaser with effect from the Effective Date and the Purchaser
         accepts such assignments, provided that should the lessor in respect
         of any such lease or the credit grantor in respect of any such
         instalment sale agreement, as the case may be, not consent to the
         assignment of that lease or instalment sale, as the case may

<PAGE>

                                                                              20

         be, to the Purchaser, then the Seller shall, subject to 12.2,
         sub-let the assets in question to the Purchaser at the same rental
         and on the same terms and conditions, mutatis mutandis, as provided
         for in the lease(s) between the lessor(s) in question and the Seller
         (in the case of the leases) or as provided for in the instalment
         sale agreement(s) between the creditor grantor(s) and the Seller (in
         the case of instalment sale agreements).

11.2     If the terms of any one or more of the leases or instalment sale
         agreements, as the case may be, do not permit the provisions of 11.1
         to be carried into effect, then the Purchaser and the Seller shall
         co-operate with each other in a lawful manner to enable the objects
         of this clause 11 to be achieved with respect of the contract in
         question.

12  WARRANTIES

    The parties agree and record that the Seller gives the Purchaser no
    warranties and makes no representations in connection with the Assets,
    and that the Assets are accordingly sold voetstoots, that is "as is".

13  EMPLOYEES OF THE BUSINESS

13.1     It is recorded that all the employees of the Business who were in
         the Seller's employment on the Effective Date (save for the
         employees in SCHEDULE 7 who are to remain in the Seller's employ,
         "the Employees") will be employed by the Purchaser in accordance
         with the relevant provisions of the Labour Relations Act, 1995 ("the
         Labour Relations Act") on terms and conditions of employment and
         employment benefits which will be substantially the same as the
         terms and conditions and employment benefits which applied to the
         Employees immediately prior to the Effective Date.

<PAGE>

                                                                              21

13.2     The Purchaser undertakes to the Seller that it will:

13.2.1   recognise and give effect to the length of service and service
         record of each of the Employees for the purposes of any awards for
         long service by the Purchaser at any time after the Effective Date;

13.2.2   assume all the liabilities relating to leave pay and bonus pay and
         any other incentives or benefits which are not paid monthly and
         which are due to the Employees, provided that such liabilities are
         fully provided for in the Effective Date Accounts; and

13.2.3   assume all the liabilities relating to the costs incurred and
         amounts to be paid in respect of the retrenchment of any of the
         Employees who are retrenched by the Purchaser after the Effective
         Date.

13.3     The Purchaser hereby indemnifies and holds the Seller harmless
         against all the costs referred to in 13.2.2 and 13.2.3 and
         undertakes forthwith upon receipt of a written request from the
         Seller, to pay such amount(s) to the Seller, where The Seller has
         paid any such amount on the Purchaser's behalf.

13.4     The Seller shall remain liable for and shall pay to each of the
         Employees all amounts which are payable to the Employees up to the
         termination of his or her service contract with the Seller but
         excluding any amount referred to in 13.2.2 and 13.2.3. The Seller
         hereby warrants and represents to the Purchaser that the Effective
         Date Accounts shall include full and adequate provisions for all
         liabilities directly or indirectly associated with every Employee
         insofar as wages, accrued leave pay or any other compensation,
         remuneration or fringe benefits in respect of the period up to and
         including the Effective Date are concerned.

<PAGE>

                                                                              22

13.5     The Seller confirms having notified and, where legally obliged to do
         so, having consulted with the Employees in relation to the disposal
         of the Business prior to the Effective Date.

13.6     If required by the Labour Relations Act, the Purchaser shall submit
         to each of the Employees a written offer for the purpose of giving
         effect to the requirements of 13.1, which written offer shall be
         submitted to the Employees as soon as possible after the Seller
         gives its notice of termination to them. The Seller shall use its
         best endeavours to ensure that the Employees will accept the offers
         of employment to be made to them by the Purchaser.

13.7     The Purchaser shall have free access to all of the Employees during
         the period from the Signature Date to the Completion Date in order
         to consult with them about the offers of employment to be made to
         them and their future employment with the Purchaser after the
         Completion Date. The Seller shall provide all such assistance as the
         Purchaser may reasonably require to make such access possible.

13.8     The parties shall communicate and liaise with each other and
         generally co-operate with each other so as to ensure as far as
         possible an orderly transfer of the services of the Employees who
         accept the Purchaser's offer of employment if such procedure is
         required or are transferred automatically pursuant to the provisions
         of the Labour Relations Act from the service of the Seller to the
         service of the Purchaser, as the case may be, and to consult where
         necessary with any trade unions or other representative bodies who
         may need to be consulted for that purpose.

13.9     The provisions of this clause 13 are not intended as a STIPULATIO
         ALTERI in favour of any transferring Employee and shall not operate
         to create any rights in favour of any person who is not a party to
         this Agreement.

<PAGE>

                                                                              23

14  GOOD FAITH

    The parties undertake in favour of one another to observe the utmost
    good faith in the implementation of the provisions of this Agreement,
    and each of the parties hereby undertakes in favour of the other party
    that in their dealings with each other it shall neither do anything nor
    refrain from doing anything which might prejudice or detract from the
    rights, assets or interests of the other party.

15  PAYMENTS

15.1     All payments to be made by either party to the other in terms of
         this Agreement shall be made free of bank and other charges.

15.2     If any amount payable by either party is not paid on its due date
         then, in addition and without prejudice to any other remedies, the
         amount of the payment or any balance outstanding from time to time
         shall bear interest at Prime Rate (compounded monthly in arrear)
         from the date it falls due until it is discharged in full.

16  BREACH

16.1     The Seller shall be entitled to cancel this Agreement summarily by
         giving written notice to that effect to the other parties if the
         Purchaser fails to pay on due date any amount which becomes due and
         payable in terms of 6.1 and remains in default for 14 days after
         receiving written notice from the Seller to remedy the default.

16.2     Should the Purchaser commit any other breach of this Agreement, the
         Seller shall not be entitled to cancel it unless the breach is
         material and cannot be remedied adequately by the payment of damages
         and, being such a breach, it is not remedied or is not capable of
         being remedied by specific performance within a

<PAGE>

                                                                              24

         reasonable time after the Purchaser receives written notice from the
         Seller to remedy the breach.

16.3     Should the Seller commit any breach of this Agreement, the Purchaser
         shall not be entitled to cancel it unless the breach is material and
         cannot be remedied adequately by the payment of damages and, being
         such a breach, it is not remedied or is not capable of being
         remedied by specific performance within a reasonable time after the
         Seller receives written notice from the Purchaser to remedy the
         breach.

16.4     The remedies of each party in terms of this clause 16, shall not be
         exhaustive and shall be in addition and without prejudice to any
         other remedies it has under or in consequence of this Agreement.

17  THE INSOLVENCY ACT, 1936

17.1     The parties agree that notice of this transaction will not be
         published in accordance with the requirements of Section 34 of the
         Insolvency Act, 1936.

17.2     The Seller hereby indemnifies the Purchaser and holds the Purchaser
         harmless against any claim of any nature which may be made against
         the Purchaser or against any loss or damage of any nature whatsoever
         which the Purchaser may suffer as a result of the non- publication
         of the notices referred to in 17.1.

18  CONFIDENTIALITY AND PUBLIC ANNOUNCEMENTS

18.1     Neither party shall make any public announcement or statement about
         this Agreement or its contents without first having obtained the
         other's prior written consent (which may not be unreasonably
         withheld) to the announcement or statement and to its contents.

<PAGE>

                                                                              25

18.2     The provisions of 18.1 shall not apply to any announcement,
         statement or disclosure which any of the parties is obliged to make
         by virtue of shares of its holding company or any of its
         subsidiaries being listed on any stock exchange, provided that the
         party in question shall consult with the other before making any
         announcement, statement or disclosure contemplated in this clause
         18.2.

18.3     Notwithstanding anything to the contrary anywhere else in this
         clause 18, any the Seller shall be entitled to notify its customers
         and suppliers of this Agreement and its consequences at any time
         after the first public announcement has been made by either party in
         accordance with the requirements of this clause 18.

19  ARBITRATION

19.1     Any dispute arising out of this Agreement or the interpretation
         thereof, both while in force and after its termination, shall be
         submitted to and determined by arbitration. Such arbitration shall
         be held in Johannesburg unless otherwise agreed to and shall be held
         in a summary manner with a view to it being completed as soon as
         possible.

19.2     There shall be one arbitrator who shall be, if the question in issue
         is:

19.2.1   primarily an accounting matter, an independent chartered accountant
         of not less than 15 years' experience as such;

19.2.2   primarily a legal matter, a practising senior counsel or retired
         judge of the High Court of South Africa;

19.2.3   primarily a technical matter, a suitably qualified person; and

<PAGE>

                                                                              26

19.2.4   any other matter, a suitably qualified person.

19.3     The appointment of the arbitrator shall be agreed upon between the
         parties, but failing agreement between them within a period of 14
         days after the arbitration has been demanded, either of the parties
         shall be entitled to request the Chairman for the time being of the
         Arbitration Foundation of Southern Africa to make the appointment
         who, in making his appointment, shall have regard to the nature of
         the dispute.

19.4     The arbitrator shall have the powers conferred upon an arbitrator
         under the Arbitration Act, 1965, as amended, or re-enacted in some
         other form from time to time, but shall not be obliged to follow the
         procedures described in that Act and shall be entitled to decide on
         such procedures as he may consider desirable for the speedy
         determination of the dispute, and in particular he shall have the
         sole and absolute discretion to determine whether and to what extent
         it shall be necessary to file pleadings, make discovery of documents
         or hear oral evidence.

19.5     The decision of the arbitrator shall be final and binding on the
         parties, and may be made an order of any court of competent
         jurisdiction. Each of the parties hereby submits itself to the
         Witwatersrand Local Division of the High Court of South Africa
         should the other party wish to make the arbitrator's decision an
         order of that Court.

20  DOMICILIUM CITANDI ET EXECUTANDI

20.1     Each party chooses the address set out opposite its name below as
         its DOMICILIUM CITANDI ET EXECUTANDI at which all notices, legal
         processes and other communications must be delivered for the
         purposes of this Agreement:

<PAGE>

                                                                              27

20.1.1   the Seller:     Lakeside Place
                         1 Ernst Oppenheimer Drive
                         Bruma Lake
                         Johannesburg
                         2198

                         Telefax :(011) 622-8973

20.1.2   the Purchaser:  Lakeside Place
                         1 Ernst Oppenheimer Drive
                         Bruma Lake
                         Johannesburg
                         2198

                         Telefax :(011) 622-8973

20.2     Any notice or communication required or permitted to be given in
         terms of this Agreement shall be valid and effective only if in
         writing, but it shall be competent to give notice by telefax.

20.3     Any party may by written notice to the other parties change its
         chosen address to another physical address and/or its chosen telefax
         number to another telefax number, provided that the change shall
         become effective on the fourteenth day after the receipt of the
         notice by the addressee.

20.4     Any notice to a party contained in a correctly addressed envelope
         and:

20.4.1   sent by prepaid registered post to it at its chosen address;  or

20.4.2   delivered by hand to a responsible person during ordinary business
         hours at its chosen address,

<PAGE>

                                                                              28

         shall be deemed to have been received, in the case of 20.4.1, on the
         seventh business day after posting (unless the contrary is proved)
         and, in the case of 20.4.2, on the day of delivery.

20.5     Any notice by telefax to a party at its telefax number shall be
         deemed, unless the contrary is proved, to have been received within
         24 hours of transmission where it is transmitted during normal
         business hours or within 24 hours of the opening of business on the
         first business day after it is transmitted where it is transmitted
         outside those business hours.

21  INTERPRETATION

21.1     In this Agreement, unless the context requires otherwise:

21.1.1   words importing any one gender shall include the other two genders;

21.1.2   the singular shall include the plural and vice versa;

21.1.3   a reference to natural persons shall include created entities
         (corporate or unincorporate) and vice versa;

21.1.4   the headings have been inserted for convenience only and shall not
         be used for nor assist or affect the interpretation of this
         Agreement.

21.2     If any definition contains a substantive provision conferring rights
         or imposing obligations on anyone, effect shall be given to it as if
         it were a substantive provision in the body of this Agreement.

<PAGE>

                                                                              29

21.3     Any reference to an enactment is to that enactment as at the date of
         signature of this Agreement and as amended or re-enacted from time
         to time.

21.4     When any number of days is prescribed in this Agreement, such days
         shall be reckoned exclusively of the first and inclusively of the
         last day unless the last day falls on a Saturday, Sunday or official
         public holiday in the RSA, in which case the last day shall be the
         next succeeding day which is not a Saturday, Sunday or public
         holiday.

21.5     Expressions defined in this Agreement shall bear the same meanings
         in Schedules to this Agreement which do not themselves contain their
         own definitions.

21.6     Where any term is defined within the context of any particular
         clause in this Agreement, the term so defined, unless it is clear
         from the clause in question that the term so defined has limited
         application to the relevant clause, shall bear the meaning ascribed
         to it in that clause, for all purposes in terms of this Agreement,
         notwithstanding that that term has not been defined in 1.

22  GENERAL

22.1     This document and the Schedules to it contain the entire Agreement
         between the parties.

22.2     If any clause or term of this Agreement should be invalid,
         unenforceable or illegal, then the remaining terms and provisions of
         this Agreement shall be deemed to be separate and severable
         therefrom, and shall continue in full force and effect unless such
         invalidity, unenforceability or illegality goes to the root of this
         Agreement.

<PAGE>

                                                                              30

22.3     No party shall have any claim or right of action arising from any
         undertaking, representation or warranty not included in this
         document.

22.4     No failure by a party to enforce any provision of this Agreement
         shall constitute a waiver of such provision or affect in any way a
         party's right to require performance of any such provision at any
         time in the future, nor shall the waiver of any subsequent breach
         nullify the effectiveness of the provision itself.

22.5     No agreement to vary, add to or cancel this Agreement shall be of
         any force or effect unless reduced to writing and signed by or on
         behalf of the parties to this Agreement.

22.6     No party may cede any of its rights or delegate any of its
         obligations under this Agreement without the prior written consent
         of the other party.

22.7     Each party warrants that it is acting as a principal and not as an
         agent for an undisclosed principal.

23  COSTS

    Each party shall bear its own costs of and incidental to the negotiating,
    drafting and preparation of this Agreement.

                                                                              31

<PAGE>

SIGNED at   Bruma   on the   May 13   1999
           -------          --------

                                               For:     WASP INTERNATIONAL
                                                        (PROPRIETARY) LIMITED

                                                   /s/ ALBERT VAN URK
                                                 -----------------------------
                                                 Signatory : Albert van Urk
                                                 Capacity  :       Director
                                                 Authority :

<PAGE>

                                                                              32

SIGNED at   Bruma   on the   May 13   1999
           -------          --------

                                        For:     WASP S.A.  (PROPRIETARY)
                                                 LIMITED

                                                   /s/ GUY REDFORD
                                                 -----------------------------
                                                 Signatory :
                                                 Capacity  :       Director
                                                 Authority : Board

<PAGE>

                                                                      SCHEDULE 1

DESCRIPTION OF THE BUSINESS

COMPANY PROFILE

Wasp Internation (Pty) Ltd was founded in late 1994 and incorporated towards
the end of 1995 to undertake GSM wireless communication developments. It is
privately owned and funded. The shareholder are actively involved in the
business.

Wasp has become an I.T. services company with particular focus on GSM (Global
System for Mobile Communications) data communications. Key services provided
encompass positioning, location-based services and telematics.

Wasp's core business is to design, develop, manufacture, operate and market
world-class GSM peripheral applications and services.

Manufacturing, sales, distribution, fleet management and theft recovery
operations are managed on an outsourced basis. Key skills are in electronic
hardware development, embedded control communication, data warehouse and data
distribution, communication software programming and an acute knowledge of
GSM communication at all levels - network switch, terminals, communication
layers, TC/IP, SMPP and SS7 blue book specifications, database design and
development of billing systems interacting with the network processes.

Wasp designed, developed and operates an acclaimed "World First" in GSM
virtual positioning that is deployed successfully in vehicle tracking and
theft recovery. This systems operates over the MTN GSM network and supports
in excess of 15,000 operational units.

The complete system is a multi-faceted development embracing all facets of
terminal design, manufacturing, communication, backbone database development,
billing, and operational services that interface with customer driven front
end or bureau operated graphical information systems. The high volume fault
redundant communication servers, and the interactive customer support systems
and response services are unmatched by any other company in GSM developments
for remote vehicle management. These systems and facilities are highly rated
and respected in the GSM and wireless communications industry.

The system is regarded as the foremost technology for interactive "theft
recovery and remote fleet management" providing secure, reliable digital
bi-directional GSM communication throughout and beyond the national network
coverage footprint.

More recently the development has been expanded to include a comprehensive
full feature GSM communication based fleet management system supporting GPS
positioning, that can integrate with trunk and open radio and interacts with
a modular full feature transportation and logistics management system.

Wasp's products are assembled in ISO 9002 facilities and incorporate
extensive lifelong quality and functionality testing.

During late 1997 a letter of intent was signed and later this year agreement
reached with Technor International Inc, a NASDAQ OTC listed stock (TNOR) for
non-exclusive distribution rights for the technology in Sweden and Nordic
countries. This may, if required be expanded to Europe and other GSM areas.

Wasp actively seeks joint venture relationships and has secured key contracts
that have facilitated developments in niche markets and applications, which
have prohibitively high cost entry considerations for competitors.

Wasp's strategy has been to follow a low market profile whilst the
technologies and systems were being developed and proven for robust
commerical application. The foundation platforms for varied applications
deployment is commercially stable, tested for high volume processing and
ready for rapid role out to high demand markets. There are few known
competitors involved in dedicated GSM development. GSM tariffs, control of
GSM equipment and high technology development costs remain the challenges and
barriers to entry for competitors.

Wasp's products and services have attracted significant international
interest. Wasp is now in the process of restructuring its business to exploit
these opportunities both locally and internationally.

<PAGE>

                                                                      SCHEDULE 2

CONTRACTS

All contracts, whether verbal or otherwise, with the following Companies and
all other suppliers in the normal course of business are ceded to Wasp S.A.
(Pty) Ltd in terms of the Sale of Business Agreement:

Capital Air (Pty) Ltd
Capital Control Centre (Pty) Ltd
PGG Radio Communications (Pty) Ltd
Barlows Trucks Logistics & Contracts (Pty) Ltd
Infobank cc
Matrix Vehicle Tracking (Pty) Ltd
AMS Holdings (Pty) Ltd
MTN
Wavecom
Applied Test Systems

<PAGE>

                                                                      SCHEDULE 3

FIXED ASSETS

         WASP S.A. FIXED ASSET REGISTER        Office Equipment

OFFICE EQUIPMENT WRITTEN OFF OVER              4 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                      28-Feb-99
<S>         <C>          <C>  <C>              <C>                     <C>            <C>        <C>         <C>         <C>

   Cheque   11-Mar-98    1370 Makro            Generator                 3,903.51                              975.88     2,927.63
            14-Apr-98    1405 Macrowatt        Grommet Mould             2,100.00                              481.25     1,618.75
            25-Jun-98    1518 Connecta         Pneumatic Fixture Kit     7,560.00                            1,417.50     6,142.50
            18-Sep-98    1669 Canon            Fax Machine               6,495.00                              811.80     5,683.13
            11-Nov-98    1759 Label Data       Label Printing Machine    8,743.55                              728.63     8,014.92
            30-Nov-98    1902 Datamet          LS4004 Scanner            2,811.40                              234.28     2,577.12
            14-Jan-99    1929 Datamet          Handheld Scanner           2,943.78                              122.66     2,821.12
                                                                       -----------------------------------------------------------
Total Office Equipment                                                  34,557.24            -          -    4,772.07    29,785.17
                                                                       ===========================================================
</TABLE>

                                   Page 1

<PAGE>

         WASP S.A. FIXED ASSET REGISTER         Furniture & Fittings

FURNITURE & FITTINGS WRITTEN OFF OVER           6 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>              <C>                     <C>            <C>        <C>         <C>         <C>
   Cheque   24-Nov-95     105 Sembel-it                                  2,419.30       510.37     403.20      403.06    1,102.67
   Cheque   29-Nov-95     106 Sembel-it                                  2,419.30       504.85     403.20      403.06    1,108.19
   Bill      4-Mar-96   36091 KMI                                        3,464.00       571.01     577.31      577.10    1,738.58
   Bill      5-Mar-96   36154 KMI                                       10,512.00     1,728.00   1,751.93    1,751.30    5,280.77
   Bill     18-Apr-96   37292 KMI                                          357.00       357.00       0.00        0.00         -
   Cheque   22-May-96     249 Makro             Um                         447.18       447.18       0.00        0.00         -
   Bill     20-Jun-96   39182 KMI                                        5,666.00       654.57     944.30      943.96    3,123.18
   Cheque   17-Jul-96     334 Unirack           Computer cabinet         2,040.00       210.52     339.99      339.86    1,149.63
   Bill     28-Aug-96   40396 KMI                                          150.00       150.00       0.00        0.00         -
   Cheque   10-Sep-96     431 Dexian                                     2,100.00       163.97     349.99      349.86    1,236.18
   Bill     19-Sep-96   41125 KMI                                        2,517.00       186.19     419.48      419.33    1,491.99
   Cheque   20-Sep-96     444 Hyperama          Carpets                  1,385.96       101.89     230.98      230.90      822.18
   Bill     27-Sep-96   41426 KMI                                        1,218.00        85.65     202.99      202.92      726.44
   Bill     30-Sep-96   41544 KMI               Plus C/N 4194              824.53       824.53       0.00        0.00         -
   Cheque    2-Dec-96     552 Data-net          Cabinet                  3,752.72       150.79     625.43      625.20    2,351.30
   Cheque   31-Jan-97     656 Hyperama          Microwave                1,489.47        19.04     248.24      248.15      974.05
   Cheque    5-May-97     814 Austen Safe                               13,443.11                1,866.35    2,239.62    9,337.14
   Cheque   18-Aug-97    1015 Ryan James                                   944.00                   91.74      157.27      694.99
   Bill     18-Aug-97   50949 KMI                                        1,601.00                  155.59      266.73    1,178.68
   Cheque   26-Aug-97    1025 Lithos                                    20,847.20                2,026.00    3,473.14   15,348.06
   Cheque   15-Sep-97    1071 Lithos                                       960.00                   79.97      159.94      720.10
   Bill     19-Sep-97  119603 Optiplan                                   2,329.00                  194.01      388.01    1,746.98
   Cheque    2-Oct-97    1105 Ryan James                                 1,914.00                  132.86      318.87    1,462.26
   Cheque   25-Nov-97    1189 Ryan James                                   517.00                   28.71       86.13      402.16

                                                                       -----------------------------------------------------------
Total Furniture & Fittings                                              83,317.77     6,665.56  11,072.26   13,584.41   51,995.54
                                                                       ===========================================================
</TABLE>

                                   Page 1

<PAGE>

         WASP S.A. FIXED ASSET REGISTER        Software

COMPUTER SOFTWARE WRITTEN OFF OVER             2 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>              <C>                     <C>            <C>        <C>         <C>         <C>
    Cheque  19-Feb-98    1339 VIP              Payroll software          2,355.00                   98.13    1,177.50    1,079.38
    Cheque  18-Mar-98    1374 Datamet          CISCO 11.2               10,964.03                            5,482.02    5,482.02
            11-Nov-98    1759 Label Data       Labelview Software        3,084.52                              514.09    2,570.43
                                                                       -----------------------------------------------------------
                                                                        16,403.55          -        98.13    7,173.60    9,131.82
                                                                       ===========================================================
</TABLE>

                                   Page 1

<PAGE>

         WASP INTERNATIONAL FIXED ASSET REGISTER        Vehicles

MOTOR VEHICLES WRITTEN OFF OVER                4 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>              <C>                     <C>            <C>        <C>         <C>         <C>
    Cheque  10-Feb-97     670 Wesbank          Uno Delivery             10,069.65      124.15     2,517.41    2,517.41    4,910.68
                                                                       -----------------------------------------------------------
 Total Motor Vehicles                                                   10,069.65      124.15     2,517.41    2,517.41    4,910.68
                                                                       ===========================================================
</TABLE>

                                   Page 1

<PAGE>

         WASP INTERNATIONAL FIXED ASSET REGISTER        Computer Equipment

COMPUTER EQUIPMENT WRITTEN OFF OVER            3 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>           <C>                       <C>            <C>        <C>         <C>         <C>

C1 Cheque   26-Jan-96    128 Datamet        DX 4/100                     9,460.53     3,447.26   3,153.48     2,859.79        -
C2 Cheque    8-Feb-96    144 Datamet        DX 4/100                     1,072.53       378.08     357.51       336.94        -
C3 Bill      8-May-96    444 Datamet        Etherlink & 8Port Hub          921.93       921.93       0.00         0.00        -
   Bill     15-May-96    459 Datamet        Trio 64 with 2Mb Dram          429.82       429.82       0.00         0.00        -
   Bill     22-May-96    461 Datamet        Modem & 3 Modem adaptors     1,002.63       258.21     334.21       334.21      76.01
   Bill     24-May-96    467 Datamet        Computer                     2,517.54       643.75     839.17       839.17     195.45
   Bill     27-May-96    470 Datamet        Scanner                        293.86       293.86       0.00         0.00        -
   Bill      3-Jun-96    477 Datamet        Computer Expenses            1,911.52       471.33     637.17       637.17     165.86
   Bill      6-Jun-96    487 Datamet        Computer Expenses            1,494.74       364.47     498.24       498.24     133.79
   Bill     20-Jun-96    506 Datamet        Computer Expenses            4,212.28       973.25   1,404.08     1,404.08     430.87
   Bill     27-Jun-96    516 Datamet        Cable                        6,522.81     1,465.40   2,174.25     2,174.25     708.91
   Bill      4-Jul-96    523 Datamet        Cable                          379.62       379.62       0.00         0.00        -
   Bill     10-Jul-96    529 Datamet        Monitors,                    7,235.96     1,539.71   2,411.96     2,411.96     872.32
   Bill     16-Jul-96    533 Datamet        Monitors                    13,369.30     2,771.54   4,456.39     4,456.39   1,684.98
   Bill     17-Jul-96    537 Datamet        Office Pro for Win 95        1,664.91       343.63     554.96       554.96     211.35
   Cheque   19-Jul-96    324 IncredCon                                     130.70       130.70       0.00         0.00        -
   Bill     22-Jul-96    544 Datamet        Monitors                     5,547.46     1,139.81   1,882.47     1,882.47     742.71
   Bill     14-Aug-96    576 Datamet        Pentium, 2.1 Gb HD           7,044.73     1,273,84   2,348.22     2,348.22   1,074.45
   Bill     21-Aug-96    587 Datamet        Fax Modem, 2X modems(LL)     4,994.74       871.23   1,664.90     1,664.90     793.72
   Bill     27-Aug-96    596 Datamet        Computer Expenses              267.54       267.54       0.00         0.00        -
   Bill     10-Sep-96    630 Datamet        2 x Pentium                 15,663.16     2,446.03   5,221.00     5,221.00   2,775.13
   Bill     22-Oct-96    684 Datamet        Computers                    6,434.21       758.00   2,144.72     2,144.72   1,386.78
   Cheque   29-Nov-96    543 Power Deve     UPS                          4,338.75       360.57   1,446.24     1,446.24   1,085.71
   Bill     30-Jan-97    790 Datamet        2 Cell phns, Mintower Cs     2,530.70        67.02     843.56       843.56     776.56
   Bill      6-Feb-97    804 Datamet        Pentium, 2x 2.1 GB HD        9,361.40       188.08   3,120.44     3,120.44   2,932.45
   Cheque   27-Mar-97    755 Datamet        Pentium, 4 gig.              3,583.33                1,194.32     1,194.32   1,194.57
   Bill      1-Apr-97    879 Datamet        MAG Monitor                  2,760.53                  835.06       920.17   1,005.30
   Bill     14-Apr-97    896 Datamet        Pentium 1.2Gb Hd             5,190.35                1,570.08     1,730.10   1,890.17
   Bill     15-Apr-97    914 Datamet        Hub, Network Card, Hub      19,980.70                6,044.16     6,660.17   7,276,37
   Bill     23-May-97    956 Datamet        4x Laser Scanners           12,519.30                3,442.81     4,173.06   4,903.43
   Bill     29-May-97    963 Datamet        SCSI Hard Drive              2,710.53                  745.40       903.50   1,061.63
   Bill      2-Jun-97    970 Datamet        Pentium/1.2Gb/64 Ram/CD Rom  8,878.29                2,197.38     2,959.40   3,721.51
   Bill     12-Jun-97    999 Datamet        Seagate 2149 MB x 2          7,725.79                1,912.13     2,575.24   3,238.42
</TABLE>

                                    Page 1

<PAGE>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>           <C>                       <C>            <C>        <C>         <C>         <C>
   Bill     26-Jun-97   1013 Datamet        Pentium x 2,                10,618.42                2,628.06     3,539.44   4,450.92
   Bill     15-Aug-97   1080 Datamet        Pentium x 3, Deskjet 690    13,373.68                2,574.43     4,457.85   6,341.40
   Bill     27-Aug-97   1094 Datamet        2.1. Gb SCSI HD              3,039.47                  585.10     1,013.15   1,441.23
   Bill      1-Sep-97   1101 Datamet        DPT2144WR-Controller         3,337.72                  550.72     1,112.56   1,674.43
             1-Dec-97   1225 Datamet        17" Monitor, Pentium M Board 8,127.19                  670.49     2,709.04   4,747.66
             5-Dec-97   1240 Datamet        Dual Pentium M Board         1,436.84                  118.54       478.94     839.36
             5-Dec-97   1240 Datamet        9.1 GB SCSI HD               4,752.63                  261.39     1,584.19   2,907.04
             6-Dec-97   1241 Datamet        Pentium                      3,359.65                  192.73     1,119,87   2,047.05
            15-Jan-98   1226 Datamet        6.4 GB Quantum               1,098.24                               366.08     732.16
            16-Jan-98   1269 Datamet        9.1 GB H D                   6,103.51                             2,034.48   4,069.03
            21-Jan-98   1275 Datamet        APC 420 VA UPS               1,964.91                               654.96   1,309.95
            30-Jan-98   1304 Datamet        Pentium CD Rom               3,141.23                             1,047.07   2,094.15
            18-Mar-98   1374 Datamet        Cisco Router                 7,017.54                             2,339.16   4,678.38
            27-Mar-98   1386 Datamet        2 x 6.4 GB HD                3,095.61                             1,031.86   2,063.75
             5-Apr-98   1411 Datamet        Pentium + Monitor            9,374.56                             2,864.16   6,510.40
             5-Apr-98   1414 Datamet        Upgrade for Server           9,216.67                             2,815.92   6,400.75
             2-Jun-98   1519 Datamet        Computer for Zeus Server    14,918.42                             3,729.23  11,189.19
             4-Jun-98   6135 Datamet        APC - UPS                    5,092.98                             1,273.12   3,819.86
             6-Jul-98   1535 Intelligent DoBid Computer                 16,500.00                             3,666.30  12,833.70
            15-Oct-98   1820 Datamet        Tapestore                    2,415.79                               335.49   2,080.30
            29-Oct-98   1844 Datamet        MAG Monitor                  2,409.65                               334.64   2,075.01
            27-Nov-98   1871 Datamet        Apollo Server               21,978.07                             2,441.76  19,536.31
            27-Nov-98   1872 Datamet        PC - Carol                   6,494.74                               721.57   5,773.17
             6-Jan-99   1191 SCS            Printer Server               2,150.00                               119.43   2,030.57
            25-Feb-99   1930 Rectron        2 x 17" Monitors             4,100.00                               113.88   3,986.12
            26-Feb-99   1934 Rectron        17" Monitor - Mark           1,545.00                                42.91   1,502.09
                                                                      ------------------------------------------------------------
Total Computer Equipment                                               338,914.71    22,184.68  61,015.76    98,241.82 157,472.45
                                                                      ============================================================
</TABLE>

                                         Page 2

<PAGE>

                                                                     SCHEDULE 4

EXCLUDED ASSETS

         WASP INTERNATIONAL FIXED ASSET REGISTER        Furniture & Fittings

FURNITURE & FITTINGS WRITTEN OFF OVER          6 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>   <C>          <C>                       <C>            <C>        <C>         <C>         <C>
   Bill        4-Mar-96  36089 KMI                                      37,298.00     6,148.21   6,216.08    6,213.65   18,719.86
   Cheque      4-Jul-96    320 Datanet                                   3,784.92       413.06     630.79      630.57    2,110.50
   Bill       31-Aug-96  40522 KMI                                       7,500.00       619.86   1,249.95    1,249.50    4,380.69
   Cheque      6-Dec-96    560 Unirack         Computer                  2,058.00        78.94     342.99      342.86    1,293.21
   Cheque     10-Mar-97    733 Chairworks                                3,000.00                  499.80      499.80    2,000.40
   Cheque     12-Jun-97    888 Ryan James      Legs & Lini               4,598.10                  574.53      766.04    3,257.52
   Cheque      4-Sep-97   1058 Ryan James                               14,486.00                1,206.68    2,413.37   10,865.95
              26-Jan-98   1288 Chairworks                               12,797.00                  355.33    2,131.98   10,309.69
                                                                      ------------------------------------------------------------
                                                                        85,522.02     7,260.07  11,076.16   14,247.97   52,937.82
                                                                      ============================================================
</TABLE>
                                       Page 1

<PAGE>

         WASP INTERNATIONAL FIXED ASSET REGISTER        Computer Equipment

COMPUTER EQUIPMENT WRITTEN OFF OVER            6 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>           <C>                       <C>            <C>        <C>         <C>         <C>
   Bill       25-Jul-96   549 Datamet       Pentium, 550 Westen Dig Hd   4,178.07       831.80   1,392.68    1,392.68      560.92
   Bill        7-Aug-96   565 Datamet       Pentium, 550 Westen Dig Hd   5,648.25     1,057.43   1,882.73    1,882.73      825.36
   Cheque     16-Oct-96   489 G Theron      Laser printer                2,500.00       308.22     833.33      833.33      525.13
   Bill        8-Jan-97   759 Datamet       Pentium, 2 Monitors         10,073.68       469.19   3,357.86    3,357.86    2,888.77
   Bill        2-Jun-97   969 Datamet       Laptop & Fax Modem          13,563.16                3,356.88    4,521.01    5,685.27
   Bill       19-Jun-97  1001 Datamet       Pentium, 2Gb, 16 Ram         6,416.67                1,588.13    2,138,87    2,689.68

              11-Mar-98  1369 Infobank      Portable Comp                2,825.00                              941.66    1,883.34
              24-Apr-98  1447 Datamet       2 x Computers(replacements) 12,062.28                            3,685.33    8,376,95
              25-Jun-98  1560 Datamet       Computer Upgrade RvG         2,897.00                              724.18    2,172.82
              16-Jul-98  1627 Datamet       PC - Glen                    6,286.84                            1,396.94    4,889.90
              20-Jul-98  1634 Datamet       PC -                         3,438.60                              764.06    2,674.54
              10-Sep-98  1752 Datamet       PC- Richard                  8,885.09                            1,480.70    7,404.39
              23-Sep-98  1775 Datamet       Test Platform -3 PC's       19,340.35                            3,223.07   16,117.28
              23-Oct-98  1840 Datamet       PC - Lab                     6,480.71                              900.01    5,580.70
              16-Nov-98       Audiovox      Sony Laptop                 13,354.25                            1,483.66   11,870.59
              30-Nov-98  1883 Datamet       PC- Lori                     7,506.14                              833.93    6,672.21
               4-Jan-99  TRF                Psion Diary                  4,999.00                              277.69    4,721.31
              18-Feb-98  1917 Mustek        Meper Pentium + Monitor      8,650.00                              240.25    8,409.75
                                                                     -------------------------------------------------------------
                                                                       139,105.09     2,666.64  12,411.60   30,077.94   93,948.91
                                                                     =============================================================
</TABLE>

<PAGE>

         WASP INTERNATIONAL FIXED ASSET REGISTER       Software

COMPUTER SOFTWARE WRITTEN OFF OVER            6 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>           <C>                       <C>            <C>        <C>         <C>         <C>
   Bill        9-May-97   932 Datamet       Delphi 2.01                  9,912.28                4,130.12    4,958.14      826.02
   Cheque     25-Aug-97  1023 Cadshop       Orcad                       16,578.95                4,835.53    8,289,48    3,453.95

   Cheque     21-May-98  1468 QD            C - Cro                      9,880.00                            4,116.67    5,763.33
               4-Aug-98  1577 Synetics      Delphi 4 Software            7,000,00                            2,014.67    4,958.33
              21-Jan-99  1799 Incredible Cc C++ Software                 1,753.51                              146.13    1,607.38
                                                                     -------------------------------------------------------------
                                                                        45,124.74         -       8,965.64  19,550.07   16,609.02
                                                                     =============================================================
</TABLE>

                                      Page 1

<PAGE>

         WASP INTERNATIONAL FIXED ASSET REGISTER       Office Equipment

OFFICE EQUIPMENT WRITTEN OFF OVER             4 YRS

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Description      Date     Num  Name                   Memo             Cost Price     Depr '97   Depr '98    Depr '99       NBV
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                        28-Feb-99
<S>         <C>          <C>  <C>           <C>                       <C>            <C>        <C>         <C>         <C>

   Bill        1-Apr-97   878 Datamet       Lumina Fax Machine           1,942.11                  445.07      485.53    1 011.52
                                                                       ----------------------------------------------------------
Total Office Equipment                                                   1,942.11                  445.07      485.53    1 011.52
                                                                       ==========================================================
</TABLE>

                                    Page 1

<PAGE>

                                                                      SCHEDULE 5

VALUES OF CERTAIN ASSETS OF THE BUSINESS

     SEE SCHEDULE 3

<PAGE>

                                                                     SCHEDULE 6

LEASED ASSETS

     NONE

<PAGE>

                                                                     SCHEDULE 7

EMPLOYEES NOT TO BE TRANSFERRED IN TERMS OF CLAUSE 13 OF AGREEMENT

1.   Engelbrecht P
2.   Mothapo J
3.   Parsons R
4.   Redford G
5.   Van Aardt C
6.   Van der Merwe G
7.   Van der Walt N
8.   Van der Walt T
9.   Van Graan R
10.  Van Urk A
11.  Van Wyk P

<PAGE>

                                                                     SCHEDULE 8

THE WGT

[OMITTED BASED UPON A REQUEST FOR CONFIDENTIAL TREATMENT PURSUANT TO TULE 24B-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934. THE OMITTED PORTION HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}]]