Document:

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                                                                   Exhibit 10.22

                                                                [EXECUTION COPY]

                          AGREEMENT AND PLAN OF MERGER

                            Dated as of July 9, 1999

                                      among

                       WORLDWIDE WEB NETWORX CORPORATION,

                         INTRAC ACQUISITION CORPORATION,

                                THE INTRAC GROUP

                                       and

                          THE SELLERS SIGNATORY HERETO

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                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                        PAGE NUMBER
<S>                                                                                                              <C>
ARTICLE I  DEFINITIONS............................................................................................1

   1.1        DEFINED TERMS.......................................................................................1

ARTICLE II  THE MERGER, THE SURVIVING CORPORATION; CONVERSION OF SHARES...........................................9

   2.1        THE MERGER..........................................................................................9
   2.2        THE SURVIVING CORPORATION..........................................................................10
   2.3        CONVERSION OF SHARES...............................................................................10
   2.4        CLOSING OF TRANSFER BOOKS..........................................................................11

ARTICLE III  MERGER AND CLOSING..................................................................................11

   3.1        CLOSING............................................................................................11
   3.2.       MERGER CONSIDERATION...............................................................................12
   3.3        WORKING CAPITAL CONTRIBUTION.......................................................................12
   3.4        FURTHER ASSURANCES; POST-CLOSING COOPERATION.......................................................12

ARTICLE IV  REPRESENTATIONS AND WARRANTIES OF SELLERS
AND INTRAC
   4.1        AUTHORITY ........................................................................................13
   4.2        ORGANIZATION OF INTRAC.............................................................................13
   4.3        CAPITALIZATION AND OWNERSHIP.......................................................................13
   4.4        TITLE TO SHARES....................................................................................14
   4.5        SUBSIDIARIES.......................................................................................14
   4.6        NO CONFLICTS.......................................................................................14
   4.7        GOVERNMENTAL APPROVALS AND FILINGS.................................................................15
   4.8        BOOKS AND RECORDS..................................................................................15
   4.9        FINANCIAL STATEMENTS...............................................................................15
   4.10       ABSENCE OF CHANGES.................................................................................15
   4.11       UNDISCLOSED LIABILITIES............................................................................17
   4.12       TAXES..............................................................................................18
   4.13       COMPLIANCE WITH LAWS AND ORDERS....................................................................19
   4.14       BENEFIT PLANS; ERISA...............................................................................19
   4.15       REAL PROPERTY......................................................................................19
   4.16       TANGIBLE PERSONAL PROPERTY:  INVESTMENT ASSETS.....................................................19
   4.17       INTELLECTUAL PROPERTY RIGHTS.......................................................................19
   4.18       CONTRACTS..........................................................................................19
   4.19       LITIGATION AND CLAIMS..............................................................................21
   4.20       LICENSES...........................................................................................21
   4.21       INSURANCE..........................................................................................21
   4.22       ENVIRONMENTAL MATTERS..............................................................................21
</TABLE>

                                       ii
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<TABLE>
<S>                                                                                                             <C>
   4.23       PRODUCT WARRANTY...................................................................................21
   4.24       BROKERS............................................................................................21
   4.25       PRODUCT WARRANTY...................................................................................22
   4.26       AFFILIATE TRANSACTIONS.............................................................................22
   4.27       EMPLOYEES: LABOR RELATIONS.........................................................................22
   4.28       ENVIRONMENTAL MATTERS .............................................................................22
   4.29       BANK AND BROKERAGE ACCOUNTS........................................................................22
   4.30       DISCLOSURE.........................................................................................23

ARTICLE V  REPRESENTATIONS AND WARRANTIES OF WWWX AND ACQUISITION SUB............................................23

   5.1        ORGANIZATION.......................................................................................23
   5.2        AUTHORITY..........................................................................................23
   5.3        NO CONFLICTS.......................................................................................23
   5.4        GOVERNMENTAL APPROVALS AND FILINGS.................................................................24
   5.5        PURCHASE FOR INVESTMENT............................................................................24
   5.6        BROKERS............................................................................................24
   5.7        WWWX SHARES........................................................................................24
   5.8        BUSINESS...........................................................................................25
   5.9        COMPLETION OF DUE............................................................................ 25

ARTICLE VI  COVENANTS OF INTRAC AND THE SELLERS..................................................................25

   6.1        REGULATORY AND OTHER APPROVALS.....................................................................25
   6.2        INVESTIGATION BY WWWX AND ACQUISITION SUB..........................................................26
   6.3        CONDUCT OF BUSINESS................................................................................26
   6.4        EMPLOYEE MATTERS...................................................................................27
   6.5        CERTAIN RESTRICTIONS...............................................................................27
   6.6        AFFILIATE TRANSACTIONS.............................................................................28
   6.7        BOOKS AND RECORDS..................................................................................28
   6.8        NOTICE AND CURE....................................................................................29
   6.9        FULFILLMENT OF CONDITIONS..........................................................................29
   6.10       COMPOSITION OF BOARD OF DIRECTORS..............................................................Page #

ARTICLE VII  COVENANTS OF WWWX AND ACQUISITION SUB...............................................................29

   7.1        REGULATORY AND OTHER APPROVALS.....................................................................29
   7.2        NOTICE AND CURE....................................................................................30
   7.3        FULFILLMENT OF CONDITIONS..........................................................................30
   7.4        BUSINESS...........................................................................................30
   7.5        COMPLETION OF DUE DILIGENCE........................................................................31
   7.6        MANAGEMENT OF ACQUISITION SUB.....................................................................31

ARTICLE VIII  CONDITIONS TO OBLIGATIONS OF WWWX AND ACQUISITION SUB..............................................31

   8.1        REPRESENTATIONS AND WARRANTIES.....................................................................31
   8.2        PERFORMANCE........................................................................................31
</TABLE>

                                      iii

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<TABLE>
<S>                                                                                                             <C>
   8.3        SELLERS' CERTIFICATE; OFFICERS' CERTIFICATES.......................................................31
   8.4        ORDERS AND LAWS....................................................................................32
   8.5        REGULATORY CONSENTS AND APPROVALS..................................................................32
   8.6        THIRD PARTY CONSENTS...............................................................................32
   8.7.       PROCEEDINGS........................................................................................32
   8.8        OPINIONS OF COUNSEL................................................................................33
   8.9        OTHER TRANSACTION DOCUMENTS........................................................................33

ARTICLE IX  CONDITIONS TO OBLIGATIONS OF SELLERS AND INTRAC......................................................33

   9.1        REPRESENTATIONS AND WARRANTIES.....................................................................33
   9.2        PERFORMANCE........................................................................................34
   9.3        OFFICERS' CERTIFICATES.............................................................................33
   9.4        ORDERS AND LAWS....................................................................................34
   9.5        REGULATORY CONSENTS AND APPROVALS..................................................................34
   9.6        THIRD PARTY CONSENTS...............................................................................34
   9.7        OPINION OF COUNSEL.................................................................................35
   9.8        PROCEEDINGS........................................................................................35
   9.9        OTHER TRANSACTION DOCUMENTS........................................................................35
   9.10       TAX FREE EXCHANGE..................................................................................35

ARTICLE X  TAX MATTERS AND POST-CLOSING TAXES....................................................................35

   10.1       TRANSFER TAXES.....................................................................................35
   10.2       TAX COOPERATION....................................................................................35

ARTICLE XI  SURVIVAL OF REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS....................................36

   11.1       SURVIVAL OF REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS..................................36

ARTICLE XII  INDEMNIFICATION.....................................................................................36

   12.1       INDEMNIFICATION....................................................................................36
   12.2       METHOD OF ASSERTING CLAIMS.........................................................................37

ARTICLE XIII  TERMINATION........................................................................................40

   13.1       TERMINATION........................................................................................40
   13.2       EFFECT OF TERMINATION..............................................................................41

ARTICLE XIV  MISCELLANEOUS.......................................................................................41

   14.1       NOTICES............................................................................................41
   14.2       RESTRICTIVE COVENANTS..............................................................................42
   14.3       COVENANTS AGAINST COMPETITION......................................................................42
   14.4       ENTIRE AGREEMENT...................................................................................45
   14.5       EXPENSES...........................................................................................45
   14.6       PUBLIC ANNOUNCEMENTS...............................................................................46
   14.7       WAIVER.............................................................................................46
</TABLE>

                                       iv

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<TABLE>
<S>                                                                                                             <C>
   14.8       AMENDMENT..........................................................................................46
   14.9       NO THIRD PARTY BENEFICIARY.........................................................................46
   14.10      NO ASSIGNMENT: BINDING EFFECT. ....................................................................46
   14.11      HEADINGS...........................................................................................47
   14.12      INVALID PROVISIONS.................................................................................47
   14.13      GOVERNING LAW ....................................................................................47
   14.14      COUNTERPARTS........................................................................................4
</TABLE>

                                    EXHIBITS

EXHIBIT   A   Form of Employment Agreement
EXHIBIT   B   Memorandum of Terms for Shareholders Agreement for ATM Service,
          Ltd.
EXHIBIT   C   Terms for the Management of Acquisition Sub

                                    SCHEDULES

SCHEDULE 3.2   Shareholders
SCHEDULE 4.10  Material Changes
SCHEDULE 4.17  Intellectual Property Rights
SCHEDULE 4.18  Contracts
SCHEDULE 4.19  Litigation and Claims
SCHEDULE 4.20  Licenses
SCHEDULE 4.21  Insurance
SCHEDULE 4.27  Officers, Directors and Employees
SCHEDULE 14.1  Notification Addresses

                                       v
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                          AGREEMENT AND PLAN OF MERGER

         AGREEMENT AND PLAN OF MERGER, dated as of July 9, 1999, among WORLDWIDE
WEB NETWORX CORPORATION, a Delaware corporation ("WWWX"), INTRAC ACQUISITION
CORPORATION, a Delaware corporation ("ACQUISITION SUB"), THE INTRAC GROUP, a
Nevada corporation ("INTRAC"), and the individual Sellers signatory hereto (the
"SELLERS").

BACKGROUND

         A.       Intrac is an international marketing and financial services
                  organization engaged in the development of marketing solutions
                  and asset management programs for clients (the "BUSINESS").

         B.       Sellers own all of the issued and outstanding shares of Common
                  Stock of Intrac.

         C.       Intrac, Sellers, WWWX, and Acquisition Sub have agreed to
                  merge Intrac into Acquisition Sub and, simultaneously
                  therewith, Sellers shall exchange their shares of Common Stock
                  for the Merger Consideration, on the terms and conditions set
                  forth in this Agreement.

         D.       Subsequent to the execution and delivery of this Agreement,
                  WWWX and Acquisition Sub intend to continue at least one
                  historic business line of Intrac, or to use at least a
                  significant portion of Intrac's historic business assets in a
                  business, in each case for a period of at least 1 year
                  following the Closing Date, within the meaning of Treasury
                  Regulation Section 1.368-1(d).

         E.       It is the intention of the parties hereto that the Merger
                  shall, for federal income tax purposes, qualify as a
                  reorganization within the meaning of Section 368(a) of the
                  Internal Revenue Code, as amended.

AGREEMENT

In consideration of the Background, which is incorporated by reference, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be bound legally, agree as
follows:

                                    ARTICLE I
                                   DEFINITIONS

DEFINED TERMS

         (a)      DEFINED TERMS. As used in this Agreement, the following
                  defined terms have the meanings indicated below:

                  (i)      "ACQUISITION PROPOSAL" means any proposal for a
                           merger or other business combination to which Intrac
                           is a party or the direct or indirect acquisition of

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                           any equity interest in, or a substantial portion of
                           the assets of, Intrac, other than the transactions
                           contemplated by this Agreement.

                  (ii)     "ACQUISITION SUB" means Intrac Acquisition
                           Corporation, a Delaware corporation.

                  (iii)    "ACTIONS OR PROCEEDINGS" means any action, suit,
                           proceeding, arbitration or Governmental or Regulatory
                           Authority investigation or audit.

                  (iv)     "AFFILIATE" means any Person that directly, or
                           indirectly through one or more intermediaries,
                           controls, or is controlled by, or is under common
                           control with, the Person specified. For purposes of
                           this definition, control of a Person means the power,
                           direct or indirect, to direct or cause the direction
                           of the management and policies of such Person,
                           whether by Contract or otherwise, and, in any event
                           and without limitation of the foregoing, any Person
                           owning ten percent (10%) or more of the voting
                           securities of another Person shall be deemed to
                           control that Person.

                  (v)      "AGREEMENT" means this Agreement and Plan of Merger
                           and the Exhibits and Schedules hereto and the
                           certificates delivered in accordance with SECTIONS
                           8.3 and 9.3, as the same shall be amended, modified
                           or supplemented from time to time.

                  (vi)     "AMENDED AND RESTATED ATM SERVICE, LTD. SHAREHOLDERS
                           AGREEMENT" means the shareholders agreement to be
                           entered into among the Sellers, Warren Rothstein, and
                           WWWX, relating to ATM Service, Ltd. and containing
                           the essential terms that appear in the Memorandum of
                           Terms for Shareholders Agreement for ATM Service,
                           Ltd. attached to this Agreement as EXHIBIT B.

                  (vii)    "ANNUAL FINANCIAL STATEMENT DATE" means December 31,
                           1998.

                  (viii)   "ANNUAL FINANCIAL STATEMENTS" means the Financial
                           Statements for Intrac's fiscal year ended December
                           31, 1998, delivered to WWWX and Acquisition Sub
                           pursuant to SECTION 4.9.

                  (ix)     "ARTICLES OF MERGER" has the meaning ascribed to it
                           in SECTION 2.1 (b).

                  (x)      "ASSETS AND PROPERTIES" of any Person means all
                           assets and properties of every kind, nature,
                           character and description (whether real, personal or
                           mixed, whether tangible or intangible, whether
                           absolute, accrued, contingent, fixed or otherwise and
                           wherever situated), including the goodwill related
                           thereto, operated, owned or leased by such Person,
                           including, without limitation, cash, cash
                           equivalents, Investment Assets, accounts and notes
                           receivable, chattel paper, documents, instruments,
                           general intangibles, real estate, equipment,
                           inventory, goods and Intellectual Property.

                                       2
<PAGE>

                  (xi)     "ATM" means ATM Service, Ltd., a Delaware
                           corporation.

                  (xii)    "BENEFIT PLAN" means any employee benefit plan
                           established by Intrac, or any predecessor or
                           Affiliate of Intrac, existing at the Closing Date or
                           prior thereto, to which Intrac contributes or has
                           contributed, or under which any employee, former
                           employee or director of Intrac or any beneficiary
                           thereof is covered, is eligible for coverage or has
                           benefit rights.

                  (xiii)   "BOOKS AND RECORDS" means all files, documents,
                           instruments, papers, books and records relating to
                           the Business or Condition of Intrac including,
                           without limitation, financial statements, Tax Returns
                           and related work papers and letters from accountants,
                           budgets, pricing guidelines, ledgers, journals,
                           deeds, title policies, minute books, stock
                           certificates and books, stock transfer ledgers,
                           Contracts, Licenses, customer lists, computer files
                           and programs, retrieval programs, operating data and
                           plans and environmental studies and plans.

                  (xiv)    "BUSINESS DAY" means a day other than Saturday,
                           Sunday or any day on which banks located in the State
                           of New York are authorized or obligated to close.

                  (xv)     "BUSINESS OR CONDITION OF INTRAC" means the business,
                           condition (financial or otherwise), results of
                           operations, Assets and Properties of Intrac taken as
                           a whole.

                  (xvi)    "CERCLA" means the Comprehensive Environmental
                           Response, Compensation and Liability Act of 1980, as
                           amended, and the rules and regulations promulgated
                           thereunder.

                  (xvii)   "CERTIFICATE OF MERGER" has the meaning ascribed to
                           it in SECTION 2.1 (B).

                  (xviii)  "CLAIM NOTICE" means written notification pursuant to
                           SECTION 12.2 (A) of a Third Party Claim as to which
                           indemnity under SECTION 12.1 is sought by an
                           Indemnified Party, enclosing a copy of all papers
                           served, if any, and specifying the nature of and
                           basis for such Third Party Claim and for the
                           Indemnified Party's claim against the Indemnifying
                           Party under SECTION 12.1, together with the amount
                           or, if not then reasonably determinable, the
                           estimated amount, determined in good faith, of the
                           Loss arising from such Third Party Claim.

                  (xix)    "CLOSING" means the closing of the transactions
                           contemplated by SECTION 3.1.

                  (xx)     "CLOSING DATE" means (a) July 23, 1999 or (b) such
                           other date as WWWX, Acquisition Sub, Intrac, and
                           Sellers mutually agree upon in writing.

                  (xxi)    "CODE" means the Internal Revenue Code of 1986, as
                           amended, and the rules and regulations promulgated
                           thereunder.

                                       3
<PAGE>

                  (xxii)   "COMMON STOCK" means the common stock, no par value,
                           of Intrac.

                  (xxiii)  "CONTRACT" means any agreement, lease, license,
                           evidence of Indebtedness, mortgage, indenture,
                           security agreement or other contract (whether written
                           or oral).

                  (xxiv)   "CONSTITUENT CORPORATIONS" means, collectively,
                           Acquisition Sub and Intrac.

                  (xxv)    "DGCL" means the Delaware General Corporation Law, as
                           amended, modified or supplemented from time to time.

                  (xxvi)   "DISPUTE PERIOD" means the period ending thirty (30)
                           days following receipt by an Indemnifying Party of
                           either a Claim Notice or an Indemnity Notice.

                  (xxvii)  "DISSENTING SHARES" has the meaning ascribed to it in
                           SECTION 2.3 (D) hereof.

                  (xxviii) "EFFECTIVE TIME" has the meaning set forth in SECTION
                           2.1 (B) hereof.

                  (xxix)   "EMPLOYMENT AGREEMENTS" means the Employment
                           Agreements to be entered into between each of
                           Acquisition Sub and ATM and each Seller each
                           substantially in the form of EXHIBIT A.

                  (xxx)    "ENVIRONMENTAL LAW" means any Law or Order relating
                           to the regulation or protection of human health,
                           safety or the environment or to emissions,
                           discharges, releases or threatened releases of
                           pollutants, contaminants, chemicals or industrial,
                           toxic or hazardous substances or wastes into the
                           environment (including, without limitation, ambient
                           air, soil, surface water, ground water, wetlands,
                           land or subsurface strata), or otherwise relating to
                           the manufacture, processing, distribution, use,
                           treatment, storage, disposal, transport or handling
                           of pollutants, contaminants, chemicals or industrial,
                           toxic or hazardous substances or wastes. (xxxi)
                           "ERISA" means the Employee Retirement Income Security
                           Act of 1974, as amended, and the rules and
                           regulations promulgated thereunder.

                  (xxxii)  "EXCHANGE ACT" means the Securities Exchange Act of
                           1934, as amended, and the rules and regulations
                           promulgated thereunder.

                  (xxxiii) "FINANCIAL STATEMENTS" means the financial statements
                           of Intrac delivered to Acquisition Sub pursuant to
                           SECTION 4.9 (A).

                  (xxxiv)  "GAAP" means United States generally accepted
                           accounting principles, consistently applied.

                  (xxxv)   "GOVERNMENTAL OR REGULATORY AUTHORITY" means any
                           court, tribunal, arbitrator, authority, agency,
                           commission, official or other instrumentality of the
                           United States, any foreign country or any domestic or
                           foreign state, county, city or other political
                           subdivision.

                                       4
<PAGE>

                  (xxxvi)  "INDEBTEDNESS" of any Person means all obligations of
                           such Person (i) for borrowed money, (ii) evidenced by
                           notes, bonds, debentures or similar instruments,
                           (iii) for the deferred purchase price of goods or
                           services (other than trade payables or accruals
                           incurred in the ordinary course of business), (iv)
                           under capital leases and (v) in the nature of
                           guarantees of the obligations described in CLAUSES
                           (I) through (IV) above of any other Person.

                  (xxxvii) "INDEMNIFIED PARTY" means any Person claiming
                           indemnification under any provision of ARTICLE XIII.

                  (xxxviii) "INDEMNIFYING PARTY" means any Person against whom a
                           claim for indemnification is being asserted under any
                           provision of ARTICLE XII.

                  (xxxix)  "INDEMNITY NOTICE" means written notification
                           pursuant to SECTION 12.2 (b) of a claim for indemnity
                           under ARTICLE XII by an Indemnified Party, specifying
                           the nature of and basis for such claim, together with
                           the amount or, if not then reasonably determinable,
                           the estimated amount, determined in good faith, of
                           the Loss arising from such claim.

                  (xl)     "INTELLECTUAL PROPERTY" means all patents and patent
                           rights, trademarks and trademark rights, trade names
                           and trade name rights, service marks and service mark
                           rights, service names and service name rights, brand
                           names, inventions, processes, formulae, copyrights
                           and copyright rights, trade dress, business and
                           product names, logos, slogans, trade secrets,
                           industrial models, processes, designs, methodologies,
                           computer programs (including all source codes) and
                           related documentation, technical information,
                           manufacturing, engineering and technical drawings,
                           know-how and all pending applications for and
                           registrations of patents, trademarks, service marks
                           and copyrights.

                  (xli)    "INTERIM FINANCIAL STATEMENT DATE" means the last day
                           of the most recent fiscal period of Intrac for which
                           Financial Statements are delivered to Acquisition Sub
                           pursuant to SECTION 4.9 (b).

                  (xlii)   "INTERIM FINANCIAL STATEMENTS" means the Financial
                           Statements for the most recent fiscal period of the
                           Intrac delivered to Acquisition Sub pursuant to
                           SECTION 4.9 (b).

                  (xliii)  "INTRAC" means The Intrac Group, a Nevada
                           corporation, and its successors and assigns.

                  (xliv)   "INVESTMENT ASSETS" means all debentures, notes and
                           other evidences of Indebtedness, stocks, securities
                           (including rights to purchase and securities
                           convertible into or exchangeable for other
                           securities), interests in joint ventures and general
                           and limited partnerships, mortgage loans and other
                           investment or portfolio assets owned of record or
                           beneficially by Intrac or any Subsidiary and issued
                           by any Person other than Intrac or any Subsidiary
                           (other than trade receivables generated in the
                           ordinary course of business of Intrac).

                                       5
<PAGE>

                  (xlv)    "IRS" means the United States Internal Revenue
                           Service.

                  (xlvi)   "KNOWLEDGE OF SELLERS" or "KNOWN TO SELLERS" means
                           the actual knowledge of Sellers and/or any officer,
                           director, or manager or supervisory employee of
                           Intrac.

                  (xlvii)  "LAWS" means all laws, statutes, rules, regulations,
                           and other pronouncements having the effect of law of
                           the United States, any foreign country or any
                           domestic or foreign state, county, city or other
                           political subdivision or of any Governmental or
                           Regulatory Authority.

                  (xlviii) "LIABILITIES" means all Indebtedness, obligations,
                           and other liabilities of a Person (whether absolute,
                           accrued, contingent, fixed or otherwise, or whether
                           due or to become due).

                  (xlix)   "LICENSES" means all licenses, permits, certificates
                           of authority, authorizations, approvals,
                           registrations, franchises and similar consents
                           granted or issued by any Governmental or Regulatory
                           Authority.

                  (l)      "LIENS" means any mortgage, pledge, assessment,
                           security interest, lease, lien, adverse claim, levy,
                           charge or other encumbrance of any kind, or any
                           conditional sale Contract, title retention Contract
                           or other Contract to give any of the foregoing.

                  (li)     "LOSS" means any and all actual damages, fines, fees,
                           liabilities, penalties, deficiencies, losses and
                           expenses (including without limitation interest,
                           court costs, reasonable fees of attorneys,
                           accountants and other experts or other proceedings or
                           of any claim, default or assessment) and specifically
                           excluding any and all consequential, punitive, and
                           similar damages, fines, fees, liabilities, penalties,
                           deficiencies, and losses.

                  (lii)    "MERGER" means the merger of Intrac with and into
                           Acquisition Sub, as more fully described in SECTION
                           2.1 hereof.

                  (liii)   "MERGER CONSIDERATION" has the meaning ascribed to it
                           in SECTION 3.2.

                  (liv)    "NRS" means the Nevada Revised Statutes, as amended
                           and supplemented.

                  (lv)     "OPTION" with respect to any Person means any
                           security, right, subscription, warrant, option,
                           "phantom" stock right or other Contract that gives
                           the right to (i) purchase or otherwise receive or be
                           issued any shares of capital stock of such Person or
                           any security of any kind convertible into or
                           exchangeable or exercisable for any shares of capital
                           stock of such Person or (ii) receive or exercise any
                           benefits or rights similar to any rights enjoyed by
                           or accruing to the holder of shares of capital stock
                           of such Person, including any rights to participate
                           in the equity or income of such Person or to
                           participate in or direct the election of any
                           directors or officers of such Person or the manner in
                           which any shares of capital stock of such Person are
                           voted.

                                       6
<PAGE>

                  (lvi)    "ORDER" means any writ, judgment, decree, injunction
                           or similar order of any Governmental or Regulatory
                           Authority (in each such case whether preliminary or
                           final).

                  (lvii)   "PBGC" means the Pension Benefit Guaranty Corporation
                           established under ERISA.

                  (lviii)  "PERMITTED LIEN" means (i) any Lien for Taxes not yet
                           due or delinquent or being contested in good faith by
                           appropriate proceedings for which adequate reserves
                           have been established in accordance with GAAP, (ii)
                           any statutory Lien arising in the ordinary course of
                           business by operation of Law with respect to a
                           Liability that is not yet due or delinquent and (iii)
                           any minor imperfection of title or similar Lien which
                           individually or in the aggregate with other such
                           Liens does not impair the value of the property
                           subject to such Lien or the use of such property in
                           the conduct of the business of Intrac.

                  (lix)    "PERSON" means any natural person, corporation,
                           limited liability company, general partnership,
                           limited partnership, proprietorship, other business
                           organization, trust, union, association or
                           Governmental or Regulatory Authority.

                  (lx)     "REPRESENTATIVES" has the meaning ascribed to it in
                           SECTION 6.2.

                  (lxi)    "RESOLUTION PERIOD" means the period ending thirty
                           (30) days following receipt by an Indemnified Party
                           of a written notice from an Indemnifying Party
                           stating that it disputes all or any portion of a
                           claim set forth in a Claim Notice or an Indemnity
                           Notice.

                  (lxii)   "SELLERS" means the Persons signatory hereto which
                           own the Common Stock, and the heirs, executors,
                           administrators and personal representatives of each
                           of them.

                  (lxiii)  "SELLER INDEMNIFIED PARTIES" means Sellers and the
                           officers, directors, employees, and agents of the
                           Sellers.

                  (lxiv)   "SHARES" means the shares of Common Stock set forth
                           on the attached SCHEDULE 3.2 representing all of the
                           issued and outstanding capital stock of Intrac and
                           all of the Common Stock owned by each of the Sellers.

                  (lxv)    "SUBSIDIARY" means any Person in which Intrac,
                           directly or indirectly through Acquisition
                           Subsidiaries or otherwise, beneficially owns more
                           than fifty percent (50%) of either the equity
                           interests in, or the voting control of, such Person.

                  (lxvi)   "SURVIVING CORPORATION" has the meaning ascribed to
                           it in SECTION 2.1(a).

                                       7
<PAGE>

                  (lxvii)  "TAX RETURNS" means a report, return or other
                           information (including any amendments) required to be
                           supplied to a governmental entity by Intrac with
                           respect to Taxes including, where permitted or
                           required, combined or consolidated returns for any
                           group of entities that includes Intrac.

                  (lxviii) "TAXES" means mean any federal, state, county, local
                           or foreign taxes, charges, fees, levies, other
                           assessments, or withholding taxes or charges imposed
                           by any governmental entity, and includes any interest
                           and penalties (civil or criminal) on or additions to
                           any taxes and any expenses incurred in connection
                           with the determination, settlement or litigation of
                           any Tax liability.

                  (lxix)   "TRANSACTION DOCUMENTS" means this Agreement, the
                           Employment Agreements, the Amended and Restated ATM
                           Service, Ltd. Shareholders Agreement and the other
                           agreements and documents delivered herewith and
                           therewith.

                  (lxx)    "THIRD PARTY CLAIM" has the meaning ascribed to it in
                           SECTION 12.2(a).

                  (lxxi)   "TRANSFER TAXES" has the meaning ascribed to it in
                           SECTION 10.1.

                  (lxxii)  "WWWX" means WorldWide Web NetworX Corporation, a
                           Delaware corporation, and its successors and assigns.

                  (lxxiii) "WWWX SHARES" has the meaning ascribed to it in
                           SECTION 3.2(b)

                  (lxxiv)  "WWWX INDEMNIFIED PARTIES" means WWWX, Acquisition
                           Sub, and the respective officers, directors,
                           employees, and agents of each of them.

     (b)      CONSTRUCTION OF CERTAIN TERMS AND PHRASES. Unless the context of
              this Agreement otherwise requires, (i) words of one gender include
              the other gender; (ii) words using the singular or plural number
              also include the plural or singular number, respectively; (iii)
              the terms "hereof," "herein," "hereby" and derivative or similar
              words refer to this entire Agreement; (iv) the terms "Article" or
              "Section" refer to the specified Article or Section of this
              Agreement; and (v) the phrases "ordinary course of business" and
              "ordinary course of business consistent with past practice" refer
              to the business and practice of Intrac or a Subsidiary. Whenever
              this Agreement refers to a number of days, such number shall refer
              to calendar days unless Business Days are specified. All
              accounting terms used herein and not expressly defined herein
              shall have the meanings given to them under GAAP.

                                   ARTICLE II
           THE MERGER, THE SURVIVING CORPORATION; CONVERSION OF SHARES

2.1      THE MERGER.

         (a)       PROCEDURES OF MERGER.

                                       8
<PAGE>

                  i.       At the Effective Time and subject to the terms and
                           conditions of this Agreement, Intrac shall be merged
                           into Acquisition Sub and the separate existence of
                           Intrac shall thereupon cease, in accordance with the
                           applicable provisions of the DGCL and the NRS.

                  ii.      Acquisition Sub will be the surviving corporation in
                           the Merger (sometimes referred to herein as the
                           "SURVIVING CORPORATION") and will continue to be
                           governed by the laws of the State of Delaware, and
                           the separate corporate existence of Acquisition Sub
                           and all of its rights, privileges, immunities and
                           franchises, public or private, and all its duties and
                           liabilities as a corporation organized under the
                           DGCL, will continue unaffected by the Merger.

                  iii.     The Merger will have the effects specified by the
                           DGCL and the NRS.

         (b)      EFFECTIVE TIME.
                  As soon as practicable following fulfillment or waiver of the
                  conditions specified in ARTICLES VIII and IX hereof, and
                  provided that this Agreement has not been terminated or
                  abandoned pursuant to ARTICLE XIII hereof, the Constituent
                  Corporations shall cause a Certificate of Merger (the
                  "CERTIFICATE OF MERGER") to be filed with the office of the
                  Secretary of State of the State of Delaware as provided in
                  Section 252 of the DGCL and will cause the Merger Agreement
                  together with a duly executed Certificate of Approval of
                  Merger, certificates of the officers of WWWX and the
                  Constituent Corporations and tax clearance certificates to be
                  filed with the office of the Secretary of State of the State
                  of Delaware, as required by the DGCL. The Constituent
                  Corporations will also cause Articles of Merger (the "ARTICLES
                  OF MERGER") to be filed with the Secretary of State of the
                  State" of Nevada pursuant to NRS 92A.200. Subject to and in
                  accordance with the laws of the States of Delaware and Nevada,
                  the Merger will become effective at the date and time the
                  Certificate of Merger is filed with the office of the
                  Secretary of State of the State of Delaware and the Articles
                  of Merger are filed with the Secretary of State of the State
                  of Nevada or such later time or date as may be specified in
                  the Certificate of Merger and the Articles of Merger (the
                  "EFFECTIVE TIME"). Each of the parties will use its best
                  efforts to cause the merger to be consummated as soon as
                  practicable following the fulfillment or waiver of the
                  conditions specified in ARTICLES VIII and IX hereof.

2.2      THE SURVIVING CORPORATION.

                  (a)      CERTIFICATE OF INCORPORATION. The Certificate of
                           Incorporation of Acquisition Sub as in effect
                           immediately prior to the Effective Time shall be the
                           Certificate of Incorporation of the Surviving
                           Corporation after the Effective Time.

                                       9
<PAGE>

                  (b)      BY-LAWS. The By-Laws of Acquisition Sub as in effect
                           immediately prior to the Effective Time shall be the
                           By-Laws of the Surviving Corporation after the
                           Effective Time.

                  (c)      BOARD OF DIRECTORS. From and after the Effective
                           Time, the Board of Directors of Acquisition Sub shall
                           be the Board of Directors of the Surviving
                           Corporation.

2.3      CONVERSION OF SHARES.

                  (a)      CONVERSION OF SHARES OF INTRAC IN THE MERGER.
                           Pursuant to this Agreement, at the Effective Time, by
                           virtue of the Merger and without any action on the
                           part of any holder of Common Stock, each share of
                           Common Stock, other than Dissenting Shares, shall,
                           subject to SUBSECTION (d) below (in addition to the
                           other Merger Consideration) be converted into, and
                           become exchangeable for, the WWWX Shares.

                  (b)      STATUS OF ACQUISITION SUB SHARES. At the Effective
                           Time, by virtue of the Merger and without any action
                           on the part of any holder of any capital stock of
                           Acquisition Sub, each issued and outstanding share of
                           common stock of Acquisition Sub shall continue
                           unchanged and remain outstanding as a share of common
                           stock of the Surviving Corporation.

                  (c)       EXCHANGE OF INTRAC CAPITAL STOCK CERTIFICATES.

                           i.       On the Closing Date, WWWX shall make
                                    available to the Sellers the certificates
                                    representing the WWWX Shares required to
                                    effect the exchange referred to in this
                                    SECTION 2.3 below. WWWX Shares into which
                                    the Common Stock shall be converted in the
                                    Merger shall be deemed to have been issued
                                    at the Effective Time.
                           ii.      From and after the Effective Time, each
                                    holder of a certificate which immediately
                                    prior to the Effective Time represented the
                                    outstanding Common Stock other than shares
                                    with respect to which dissenters' rights, if
                                    any, are granted by reason of the Merger
                                    under the NRS, shall be entitled to receive
                                    in exchange therefor, upon surrender
                                    thereof, the amount of the Merger
                                    Consideration for which such holder's Common
                                    Stock was converted subject to the
                                    provisions of this Agreement.

                  (d)      DISSENTING SHARES. Notwithstanding anything to the
                           contrary contained in this Agreement, holders of the
                           Common Stock with respect to which dissenters'
                           rights, if any, are granted by reason of the Merger
                           under the NRS and who do not vote in favor of the
                           Merger and otherwise comply with the NRS ("DISSENTING
                           SHARES"), shall not be entitled to Merger

                                       10
<PAGE>

                           Consideration pursuant to SUBSECTION (a) above,
                           unless and until the holder thereof shall have failed
                           to perfect or shall have effectively withdrawn or
                           lost such holder's dissenters' rights under the NRS,
                           such holder's target Dissenting Shares shall
                           thereupon be deemed to have been converted into and
                           to have become exchangeable for, as of the Effective
                           Time, the right to receive the Merger Consideration.

2.4      CLOSING OF TRANSFER BOOKS.

         From and after the Effective Time, the stock transfer books of Intrac
         shall be closed and no transfer of the Shares shall thereafter be made.
         If, after the Effective Time, certificates representing the Shares
         shall be presented to WWWX, they shall be cancelled and exchanged for
         the Merger Consideration in accordance with the procedures set forth in
         this ARTICLE II .

                                   ARTICLE III
                               MERGER AND CLOSING

3.1      CLOSING.

         (a)      The Closing shall take place at the offices of WWWX, or at
                  such other place as the parties may mutually agree, at 10:00
                  A.M. local time, on the Closing Date.

         (b)      At the Closing, in exchange for the Merger Consideration,
                  Sellers will sell, assign and transfer to Acquisition Sub all
                  of Sellers' right, title and interest in and to the Shares by
                  delivering to Acquisition Sub certificates representing the
                  Shares, in genuine and unaltered form, duly endorsed in blank
                  or accompanied by duly executed stock powers endorsed in
                  blank, with requisite stock transfer tax stamps, if any,
                  attached. At the Closing, Sellers, Acquisition Sub, WWWX and
                  Intrac shall also deliver the opinions and other agreements,
                  documents, instruments and certificates to be delivered under
                  ARTICLES VIII and IX.

3.2      MERGER CONSIDERATION.

         The consideration for the Shares shall be the following (the "MERGER
         CONSIDERATION"), payable by Acquisition Sub and/or WWWX to Sellers in
         the manner set forth below.

         (a)      $1,500,000 in immediately available funds, wired to the
                  account(s) specified by the Sellers on the Closing Date;

         (b)      1,000,000 shares of WWWX common stock (the "WWWX SHARES"),
                  evidenced by a certificate(s) delivered on the Closing Date;
                  and

         (c)      240 shares of common stock of ATM Service, Ltd., representing
                  24% of the total issued and outstanding shares of capital
                  stock of ATM, on a fully diluted basis, evidenced by a
                  certificate(s) delivered on the Closing Date.

                                       11
<PAGE>

The Merger Consideration will be allocated to the Sellers as set forth on the
attached SCHEDULE 3.2

3.3      WORKING CAPITAL CONTRIBUTION

         WWWX will make an additional capital contribution to ATM in the
         amount of $1,000,000 in consideration for ATM'S agreement to lend
         Acquisition Sub up to $1,000,000 for working capital. Acquisition
         Sub will either cause the release of Thomas Settineri's personal
         guarantee of Intrac's existing line of credit or payoff said line on
         the Closing Date.

3.4      FURTHER ASSURANCES; POST-CLOSING COOPERATION.

         (a)      At any time or from time to time after the Closing, the
                  parties shall execute and deliver such other documents and
                  instruments, provide such materials and information and take
                  such other actions any other party may reasonably request to
                  more effectively accomplish the consummation of the
                  transactions contemplated hereunder.

         (b)      Following the Closing, each party will afford each other
                  party, its counsel and its accountants, during normal business
                  hours, reasonable access to the books, records and other data
                  relating to the Business or Condition of Intrac in its
                  possession with respect to periods prior to the Closing and
                  the right to make copies and extracts therefrom, to the extent
                  that such access may be reasonably required by the requesting
                  party in connection with (i) the preparation of Tax Returns,
                  (ii) the determination or enforcement of rights and
                  obligations under this Agreement, (iii) compliance with the
                  requirements of any Governmental or Regulatory Authority, (iv)
                  the determination or enforcement of the rights and obligations
                  of any party to this Agreement or any of the Transaction
                  Documents or (v) in connection with any actual or threatened
                  Action or Proceeding. Further, each party agrees for a period
                  extending 7 years after the Closing Date not to destroy or
                  otherwise dispose of any such books, records and other data
                  unless such party first offers in writing to surrender such
                  books, records and other data to the other party and such
                  other party shall not agree in writing to take possession
                  thereof during the 20 day period after such offer is made.

         (c)      If, properly to prepare its Tax Returns, other documents or
                  reports required to be filed with Governmental Regulatory
                  Authorities or its financial statements or to fulfill its
                  obligations hereunder, it is necessary that a party be
                  furnished with additional information, documents or records
                  relating to the Business or Condition of Intrac not referred
                  to in SUBSECTION (b) above, and such information, documents or
                  records are in the possession or control of the other party,
                  such other party shall use its best efforts to furnish or make
                  available such information, documents or records (or copies
                  thereof) at the recipient's request, cost and expense.

                                   ARTICLE IV
              REPRESENTATIONS AND WARRANTIES OF SELLERS AND INTRAC

                                       12
<PAGE>

Sellers and Intrac hereby jointly and severally represent and warrant to WWWX
and Acquisition Sub as follows:

4.1      AUTHORITY. Intrac and each Seller have all necessary authority to
         execute and deliver this Agreement and the Transaction Documents, and
         to perform their obligations hereunder and thereunder. This Agreement
         has been duly and validly executed and delivered by Intrac and each
         Seller and constitutes and, upon the execution and delivery by Intrac
         and each Seller of the Transaction Documents, the Transaction
         Documents, will constitute the legal, valid and binding obligations of
         Intrac and each Seller, enforceable against Intrac and each Seller in
         accordance with their terms.

4.2      ORGANIZATION OF INTRAC. Intrac is a corporation duly organized, validly
         existing and in good standing under the laws of the State of Nevada,
         and has full corporate power and authority to conduct its business as
         and to the extent now conducted, to own, use and lease its Assets and
         Properties and to execute and deliver this Agreement and the
         Transaction Documents to which it is a party, and to perform its
         obligations hereunder and thereunder. Intrac is duly qualified,
         licensed or admitted to do business and is in good standing in those
         jurisdictions in which it is required to maintain good standing unless
         failure to do so would not result in a material adverse effect to
         Intrac and the Sellers.

4.3      The authorized capital stock of Intrac consists of 100 shares of common
         stock, no par value, of which all 100 shares are issued and
         outstanding. The Sellers are the record and beneficial owners of all
         the Shares. All of such issued and outstanding shares of Intrac stock
         have been duly authorized, validly issued, are fully paid and
         nonassessable, were not issued in violation of the terms of any
         agreement or other understanding binding upon Intrac or any other
         Person and were issued in compliance with all applicable federal and
         state securities or "blue-sky" laws and regulations. There are no
         outstanding securities, options, warrants, rights, agreements, calls,
         subscription commitments, demands, or understandings of any character
         whatsoever, fixed or contingent, that directly or indirectly (i) call
         for the issuance, sale or other disposition of any capital stock and
         there are no securities convertible into or exchangeable for the stock
         of Intrac or (ii) obligate the Sellers to grant, offer or enter into
         any of the foregoing or (iii) relate to the voting or control of any
         capital stock of Intrac.

4.4      (a) All Intrac stock is owned free and clear of all liens, and (b) the
         sale and delivery of the Shares pursuant to this Agreement will vest in
         Acquisition Sub legal and beneficial title to the Shares free and clear
         of any lien.

4.5      SUBSIDIARIES. Intrac does not have any Subsidiaries and does not own
         any equity or similar interest in, or any interest convertible into or
         exchangeable or exercisable for, any equity or similar interest in, any
         Person.

4.6      NO CONFLICTS. The execution and delivery by Intrac and the Sellers of
         this Agreement does not, and the execution and delivery by Intrac and
         each Seller of the Transaction Documents to which they are a party, the
         performance by Intrac and each Seller of their

                                       13
<PAGE>

         obligations under this Agreement and the Transaction Documents and the
         consummation of the transactions contemplated hereby and thereby will
         not:

         (a)      conflict with or result in a violation or breach of any of the
                  terms, conditions or provisions of the certificate of
                  incorporation or by-laws (or other comparable corporate
                  charter documents) of Intrac;

         (b)      conflict with or result in a violation or breach of any term
                  or provision of any Law or Order applicable to Intrac and the
                  Sellers , or any of their respective Assets and Properties; or

         (c)      (i) conflict with or result in a violation or breach of, (ii)
                  constitute (with or without notice or lapse of time or both) a
                  default under, (iii) require Intrac and the Sellers to obtain
                  any consent, approval or action of, make any filing with or
                  give any notice to any Person as a result or under the terms
                  of, (iv) result in or give to any Person any right of
                  termination, cancellation, acceleration or modification in or
                  with respect to, (v) result in or give to any Person any
                  additional rights or entitlement to increased, additional,
                  accelerated or guaranteed payments under, or (vi) result in
                  the creation or imposition of any Lien upon Intrac or any
                  Seller or any of their respective Assets and Properties under,
                  any Contract or License to which Intrac or any Seller is a
                  party or by which any of their respective Assets and
                  Properties are bound, or (vii) conflict with, or constitute,
                  or result in any breach, default or violation of (or an event
                  which might, with or without the passage of time or the giving
                  of notice or both, constitute or result in any such a breach,
                  default or violation) any of the terms, conditions, or
                  provisions of any indenture, mortgage, loan, or credit
                  agreement, or any other instrument, contract, agreement or
                  commitment to which Intrac or any Seller is a party, or by
                  which any of them or any of the Acquisition Assets may be
                  bound or affected, or any judgment or order of any
                  Governmental Authority, or any law, rule, or regulation.

4.7      GOVERNMENTAL APPROVALS AND FILINGS. No consent, approval or action of,
         filing with, or notice to any Governmental or Regulatory Authority on
         the part of Intrac or any Seller is required in connection with the
         execution, delivery and performance of this Agreement or any of the
         Transaction Documents to which it is a party or the consummation of the
         transactions contemplated hereby or thereby.

4.8      BOOKS AND RECORDS. The minute books and other similar records of Intrac
         contain a true and complete record, in all material respects, of all
         action taken at all meetings and by all written consents in lieu of
         meetings of the stockholders, the board of directors and committees of
         the board of directors of Intrac, and the stock transfer and other
         similar records of Intrac accurately reflect all record transfers prior
         to the execution of this Agreement in the capital stock of Intrac.

4.9      FINANCIAL STATEMENTS. Prior to the Closing, Intrac and the Sellers
         shall have delivered to WWWX and Acquisition Sub true and complete
         copies of the following financial statements:

                                       14
<PAGE>

         (a)      the balance sheets of Intrac as of December 31, 1998, December
                  31, 1997, and December 31, 1996, and the related statements of
                  operations, stockholders equity, and cash flows for the fiscal
                  years then ended;

         (b)      the balance sheet of Intrac as of April 30, 1999, and the
                  related statement of operations, stockholders' equity and cash
                  flows for the portion of the fiscal year then ended.

         Except as set forth in the notes thereto, the financial statements in
         (a) above (i) were prepared in accordance with GAAP, (ii) fairly
         present the financial condition and results of operations of Intrac in
         all material respects as of the respective dates thereof and for the
         respective periods covered thereby, and (iii) were compiled from the
         Books and Records of Intrac regularly maintained by management and used
         to prepare the financial statements of Intrac in accordance with the
         principles stated therein. Intrac has maintained its Books and Records
         in a manner sufficient to permit the preparation of financial
         statements in accordance with GAAP and that fairly present the
         financial condition and results of operations of Intrac in all material
         respects as of the respective dates thereof and for the respective
         periods covered thereby.

4.10     ABSENCE OF CHANGES. Except (1) as disclosed or presented in the Interim
         Financial Statements and (2) for the execution and delivery of this
         Agreement and the transactions to take place pursuant hereto on or
         prior to the Closing Date, since the Annual Financial Statement Date,
         there has not been any material adverse change, or any event or
         development which, individually or together with other such events,
         could reasonably be expected to result in a material adverse change, in
         the Business or Condition of Intrac. Without limiting the foregoing,
         other than in the ordinary course of business, except as set forth on
         SCHEDULE 4.10, there has not occurred between the Annual Financial
         Statement Date and the date hereof:

         (a)      any declaration, setting aside or payment of any dividend or
                  other distribution in respect of the capital stock of Intrac,
                  or any direct or indirect redemption, purchase or other
                  acquisition of any such capital stock of or any Option with
                  respect to Intrac;

         (b)      any authorization, issuance, sale or other disposition by
                  Intrac or any Seller of any shares of capital stock of or
                  Option with respect to Intrac or any modification or amendment
                  of any right of any holder of any outstanding shares of
                  capital stock of or option with respect to Intrac;

         (c)      (i) incurrences by Intrac of Indebtedness in an aggregate
                  principal amount exceeding $50,000 (net of any amounts
                  discharged during such period), or (ii) any voluntary
                  purchase, cancellation, prepayment or complete or partial
                  discharge in advance of a scheduled payment date with respect
                  to, or waiver of any right of Intrac under, any Indebtedness
                  of or owing to Intrac;

                                       15
<PAGE>

         (d)      any material change in (i) any pricing, investment,
                  accounting, financial reporting, inventory, credit, allowance
                  or Tax practice or policy of Intrac, or (ii) any method of
                  calculating any bad debt, contingency or other reserve of
                  Intrac for accounting, financial reporting or Tax purposes, or
                  any change in the fiscal year of Intrac;

         (e)      any write-off or write-down of or any determination to write
                  off or write down any of the Assets and Properties of Intrac
                  in, an aggregate amount exceeding $25,000;

         (f)      any acquisition or disposition of, or incurrence of a Lien
                  (other than a Permitted Lien) on, any Assets and Properties of
                  Intrac or either Seller which affects the Shares;

         (g)      any (i) amendment of the certificate of incorporation or
                  by-laws (or other comparable corporate charter documents of
                  Intrac, (ii) recapitalization, reorganization, liquidation or
                  dissolution of Intrac or (iii) merger or other business
                  combination involving Intrac and any other Person;

         (h)      other than in the ordinary course of business, capital
                  expenditures or commitments for additions to property, plant
                  or equipment of Intrac constituting capital assets in an
                  aggregate amount exceeding $50,000;

         (i)      any commencement or termination by Intrac of any line of
                  business;

         (j)      any transaction by Intrac with any officer, director or
                  Affiliate other than on an arm's-length basis, other than
                  pursuant to any Contract in effect on the Annual Financial
                  Statement Date;

         (k)      any termination or amendment to or suspension or termination
                  of, or receipt by either Seller or Intrac of any notice of
                  breach or default of any material lease, contract or other
                  agreement to which Intrac is a party or from which Intrac,
                  directly or indirectly, derives rights;

         (l)      any payment, discharge or satisfaction of any liability or
                  obligation (whether accrued, absolute, contingent or
                  otherwise) by Intrac, other than the payment, discharge or
                  satisfaction, in the ordinary course of business consistent
                  with past practice, of liabilities or obligations shown or
                  reflected on the Financial Statements or incurred in the
                  ordinary course of business since the Financial Statement
                  Date;

         (m)      any material adverse change or any threat of any material
                  adverse change in Intrac's relations with, or any loss or
                  threat of loss of, suppliers or customers which, individually
                  or in the aggregate, has been or is likely to be materially
                  adverse;

         (n)      any creation, incurrence, assumption or guarantee by Intrac of
                  any material obligation or liability (whether absolute,
                  accrued, contingent or otherwise and whether due or to become
                  due), except in the ordinary course of business consistent
                  with past practice, or any creation, incurrence, assumption or
                  guarantee by Intrac of

                                       16
<PAGE>

                  any material indebtedness for money borrowed; any disposition
                  of or failure to keep in effect any rights in, to or for the
                  use of any patent, trademark, service mark, trade name or
                  copyright, or any disclosure to any person not an employee or
                  other disposal of any trade secret, process or know-how;

         (o)      any other material transaction, agreement or event outside the
                  ordinary course of any Intrac's business or inconsistent with
                  past practice; or

         (p)      any entering into of a Contract or making of a commitment to
                  do or engage in any of the foregoing after the date hereof.

4.11     UNDISCLOSED LIABILITIES. Except as reflected or reserved against in the
         balance sheet included in the Annual Financial Statements or in the
         notes thereto or in the Interim Financial Statements, there are no
         Liabilities against, relating to or affecting Intrac or its Assets and
         Properties, other than Liabilities (a) incurred in the ordinary course
         of business consistent with past practice since the Annual Financial
         Statement Date or (b) which, individually or in the aggregate, are not
         material to the Business or Condition of Intrac. There are no
         attachments, executions, assignments for the benefit of creditors or
         any other debtor relief pending or threatened.

4.12     TAXES.

         (a)      Intrac has filed, or will file on or before the Closing, all
                  Tax Returns required to be filed by applicable law. All Tax
                  Returns were true, complete and correct in all material
                  respects and filed on a timely basis. Intrac has paid all
                  Taxes that are due, or claimed or asserted by any taxing
                  authority to be due, from Intrac for the periods covered by
                  the Tax Returns.

         (b)      Intrac has established on its books and records reserves
                  adequate to pay all Taxes not yet due and payable.

         (c)      There are no tax liens upon the assets of Intrac or any Seller
                  except Liens for Taxes not yet due.

         (d)      Intrac has not requested any extension of time within which to
                  file any Tax Return which remains in effect.

         (e)      (i) Intrac has not entered into any agreements with any taxing
                  authority extending the statute of limitations for the
                  assessment of Taxes, (ii) there have been no audits and there
                  are no ongoing audits or administrative proceedings with
                  respect to any Taxes of Intrac or any Seller, and (iii) no
                  deficiency for any Taxes has been suggested, proposed,
                  asserted or assessed against Intrac or any Seller that has not
                  been resolved and paid in full.

         (f)      No audits or other administrative proceedings or court
                  proceedings are presently pending with regard to any Taxes or
                  Tax Returns of Intrac.

                                       17
<PAGE>

         (g)      Intrac and the Sellers have not received any written ruling of
                  a taxing authority relating to Taxes or entered into any
                  written and legally binding agreement with any taxing
                  authority relating to Taxes.

         (h)      Intrac has made available to WWWX and Acquisition Sub complete
                  and accurate copies of all Tax Returns and associated work
                  papers filed by or on behalf of Intrac for all taxable periods
                  ending on or prior to the date of this Agreement.

         (i)      Intrac is not party or subject to, or bound by, any agreements
                  relating to the allocation or sharing of Taxes.

         (j)      All transactions that could give rise to an understatement of
                  federal income tax (within the meaning of Code section 6661
                  for Tax Returns filed on or before December 31, 1989, and
                  within the meaning of Code section 6662 for tax returns
                  filed after December 31, 1989) by Intrac have been
                  adequately disclosed on Intrac 's Tax Returns in accordance
                  with Code section 6661(b)(2)(B) for Tax Returns filed on or
                  prior to December 31, 1989, and in accordance with Code
                  section 6662(d)(2)(B) for Tax Returns filed after December
                  31, 1989.

4.13     COMPLIANCE WITH LAWS AND ORDERS. Intrac is not and has not at any time
         since its formation been, and has not received any notice that it is or
         has at any time since its formation been, in violation of or in default
         under, in any material respect, any Law or Order applicable to Intrac
         or any of its Assets and Properties.

4.14     BENEFIT PLANS; ERISA. Intrac does not now maintain, nor has it ever
         maintained, sponsored or contributed to, any plan that is subject to
         ERISA.

4.15     REAL PROPERTY. Intrac does not own any real property.

4.16     TANGIBLE PERSONAL PROPERTY; INVESTMENT ASSETS.

         (a)      Intrac is in possession and has good title to, or has valid
                  leasehold interests in or valid rights under Contract to use,
                  all tangible personal property used in or reasonably necessary
                  for the conduct of its business, including all tangible
                  personal property reflected on the balance sheet included in
                  the Annual Financial Statements and tangible personal property
                  acquired since the Annual Financial Statement Date other than
                  property disposed of since such date in the ordinary course of
                  business consistent with past practice. All such tangible
                  personal property is free and clear of all Liens, and is in
                  good working order and condition, ordinary wear and tear
                  excepted, and its use complies in all material respects with
                  all applicable Laws.

         (b)      Intrac owns no Investment Assets.

                                       18
<PAGE>

4.17     INTELLECTUAL PROPERTY RIGHTS. Intrac has interests in or uses only the
         Intellectual Property disclosed in the attached SCHEDULE 4.17, each of
         which Intrac either has all right, title and interest in or a valid and
         binding right under Contract to use. No other Intellectual Property is
         used in the conduct of the business of Intrac. Neither Intrac nor any
         Seller has received notice that Intrac is infringing any Intellectual
         Property of any other Person, no claim is pending or has been made to
         such effect that has not been resolved and, to the knowledge of Intrac
         and the sellers, Intrac is not infringing any Intellectual Property of
         any other Person and no person is infringing any Intellectual Property
         of Intrac.

4.18     CONTRACTS.

         (a)      All material Contracts to which Intrac is a party are
                  described on the attached SCHEDULE 4.18.

         (b)      Except as set forth in SCHEDULE 4.18 or another Schedule to
                  this Agreement (with appropriate cross-references), there are
                  no contracts, agreements, arrangements, commitments,
                  instruments, plans or leases, oral or written (collectively,
                  the "CONTRACTS") to which Intrac is a party or by which it is
                  bound, meeting any of the following descriptions:

                  i.       any Contract for consulting or other services
                           obligating any Intrac to payments of more than
                           $50,000 annually or having a duration in excess of 1
                           year;

                  ii.      any Contract relating to the management of Intrac;

                  iii.     any Contract evidencing or related to indebtedness,
                           obligations or liability for borrowed money, or
                           liability for the deferred purchase price of
                           property, in excess of $50,000 (excluding trade
                           payables incurred in the ordinary course of business
                           consistent with past practice), or any Contract of
                           guaranty, indemnification or other similar commitment
                           relating to the obligations or liabilities of any
                           other Person;

                  iv.      any Contract involving a sharing of profits, joint
                           venture or partnership;

                  v.       any Contract relating to sales agency, brokerage,
                           distribution or similar matters;

                  vi.      any Contract containing covenants limiting the
                           freedom of Intrac or any Seller to compete in any
                           line of business or in any area or with any Person;

                  vii.     any Contract relating to orders for future purchase
                           or delivery of goods or retention of services which
                           is material to Intrac or which has an aggregate
                           future liability of greater than $50,000; or

                                       19
<PAGE>

                  viii.    any other Contract relating to the Business, except
                           Contracts excluded by an express exception from the
                           descriptions set forth in Subparagraphs (i) through
                           (vii) above and except such Contracts which are
                           terminable on less than 30 days' notice without
                           penalty or payment or involving expenditures of less
                           than $50,000 in the aggregate.

              (c) CONTRACT COMPLIANCE. The Contracts listed on SCHEDULE 4.18 are
                  all of the Contracts which are material to the Business.
                  Copies of all such Contracts have been provided to WWWX and
                  Acquisition Sub and are true, correct and complete and have
                  been subject to no amendment, extension or modification,
                  except such as are described in SCHEDULE 4.18. Each Contract
                  referred to in SCHEDULE 4.18 is valid and binding as to Intrac
                  and, to Intrac's and the Sellers' best knowledge, as to any
                  other party and, with respect to such Contracts, there is no
                  material default by Intrac or, to Intrac's and the Sellers'
                  best knowledge, by any other party, and no event which, with
                  notice or the passage of time or both, would constitute such a
                  default by Intrac, or, to Intrac's and the Sellers' best
                  knowledge, by any other party. Upon consummation of the
                  transactions contemplated hereby, Intrac will continue to be
                  entitled to the full economic, legal and other benefits of the
                  Contracts on their present terms. No party has any right to
                  cancel, terminate or modify any of the Contracts by reason of
                  the transactions contemplated under this Agreement.

4.19     LITIGATION AND CLAIMS. Except as set forth on SCHEDULE 4.19, there is
         no Claim pending or, to the best of Intrac's or the Sellers' knowledge,
         threatened (or, to the best knowledge of Intrac or the Sellers, no
         state of facts exist which reasonably could be expected to lead to any
         such Claim) by, against or affecting or in any way relating to Intrac,
         or affecting the Common Stock or the Sellers' rights thereto, at law or
         in equity, before any Governmental Authority or any arbitrator. There
         are presently no outstanding judgments, decrees, or orders of any
         Governmental Authority or any arbitrator against or affecting Intrac or
         any Acquisition Asset or affecting the stock. Nothing listed on
         SCHEDULE _4.19 could reasonably be expected to have a material adverse
         effect on Intrac.

4.20     LICENSES. Except as set forth on SCHEDULE 4.20, Intrac does not require
         any Licenses to operate its business, other than normal business
         licenses and permits.

4.21     INSURANCE. A list of all insurance polices of Intrac is attached as
         SCHEDULE 4.21.

4.22     ENVIRONMENTAL MATTERS. Intrac is not in material violation of any
         federal, state or local Environmental Laws applicable to it or its
         properties, or any material limitations, restrictions, conditions,
         standards, obligations or timetables contained in any Environmental Law
         or any regulation, code, plan, order, decree, notice or demand letter
         issued, entered, promulgated or approved thereunder. No notice or
         action alleging such violation is pending or, to Intrac's knowledge,
         threatened, and, to Intrac 's knowledge, no past or present condition
         or practice of Intrac would prevent continued compliance with
         applicable environmental permits or give rise to any common law or
         statutory liability or otherwise form the basis of any claim, action or
         proceeding with respect to Intrac

                                       20
<PAGE>

         involving any pollutant or hazardous or toxic material or waste. To
         Seller's and Intrac's knowledge, Intrac has no liability, present or
         past, under CERCLA, including, without limitation, as the result of
         their ownership or operation of any "facility" as defined in CERCLA, or
         their arrangement for, disposal, treatment or transport of "hazardous
         substances," also as defined in CERCLA.

4.23     POWER OF ATTORNEY. Intrac and the Sellers do not have any powers of
         attorney or comparable delegations of authority outstanding.

4.24     BROKERS. All negotiations relative to this Agreement and the
         transactions contemplated hereby have been carried out by Intrac
         directly with WWWX, Acquisition Sub and ATM without the intervention of
         any Person on behalf of Intrac or the Sellers in such manner as to give
         rise to any valid claim by any Person against WWWX, Acquisition Sub,
         ATM, Intrac or any Subsidiary for a finder's fee, brokerage commission
         or similar payment.

4.25     PRODUCT WARRANTY. Neither Intrac nor Any Seller has received a notice
         from any of the customers of Intrac that the products and services,
         leased or delivered by Intrac fail to conform in any material respect
         with the contractual commitments and all express and implied
         warranties. Neither Intrac nor the Sellers have any material liability
         (and there is no reasonable basis for any present or future action,
         suit, proceeding, hearing investigation, charge, complaint, claim or
         demand against it giving rise to any such liability) for replacement or
         repair thereof or other damages in connection therewith in excess of
         the past custom, practice and experience.

4.26     AFFILIATE TRANSACTIONS.

         There are no intercompany Liabilities between Intrac, on the one hand,
         and Sellers or Affiliates (other than Intrac) of Sellers, on the other;

         (a)      neither Sellers nor any such Affiliate provides or causes to
                  be provided any material assets, services or facilities to
                  Intrac; and

         (b)      Intrac does not provide or cause to be provided any material
                  assets, services or facilities to Sellers or any such
                  Affiliate. Each of the Liabilities and transactions was
                  incurred or engaged in, as the case may be, on an arm's-length
                  basis. Since the Annual Financial Statement Date, all
                  settlements of intercompany Liabilities of Intrac, on the one
                  hand, and Sellers or any such Affiliate, on the other, have
                  been made, and all allocations of intercompany expenses have
                  been paid or reserved, in the ordinary course of business
                  consistent with past practice.

4.27     EMPLOYEES; LABOR RELATIONS.

         SCHEDULE 4.27 contains a list of the name of each officer, director and
         employee of Intrac at the date hereof, together with each such person's
         position or function. Intrac and the Sellers have not received any
         information that would lead it to believe that a material number of
         such persons will cease to be employees, or will refuse offers of
         employment from Acquisition Sub or ATM, because of the consummation of
         the transactions

                                       21
<PAGE>

         contemplated by this Agreement. Since its inception Intrac has complied
         in all material respects with all applicable Laws relating to the
         employment of labor, including, without limitation those relating to
         wages, hours and collective bargaining.

4.28     BANK AND BROKERAGE ACCOUNTS.

         Other than a banking relationship with The Chase Manhattan Bank and
         Fleet Bank, Intrac does not maintain any relationship with any bank,
         trust company, securities broker or other financial institution.

4.29     The Agreement between The Intrac Group and Fundacion Primero Mexico
         A.C., dated as of March 25, 1999, is in full force and effect and is
         enforceable by its terms.

4.30     DISCLOSURE.

         No representation or warranty contained in this Agreement, and no
         statement contained in any Schedule or in any certificate furnished to
         WWWX and Acquisition Sub pursuant to any provision of this Agreement,
         contains any untrue statement of a material fact or omits to state a
         material fact necessary in order to make statements made, in the light
         of the circumstances under which they were made, not misleading.

                                    ARTICLE V
           REPRESENTATIONS AND WARRANTIES OF WWWX AND ACQUISITION SUB

WWWX and Acquisition Sub hereby represent and warrant to Intrac and the Sellers
as follows:

5.1      ORGANIZATION.

         Each of WWWX and Acquisition Sub is a corporation duly organized,
         validly existing and in good standing under the laws of the State of
         Delaware and each has full corporate power and authority to execute and
         deliver this Agreement and the Transaction Documents to which it is a
         party, to perform its obligations hereunder and thereunder and to
         consummate the transactions contemplated hereby and thereby.

5.2      AUTHORITY.

         The execution and delivery by WWWX and Acquisition Sub of this
         Agreement and the Transaction Documents to which each is a party, and
         the performance by each of its obligations hereunder and thereunder,
         have been duly and validly authorized by the members or other
         applicable governing body of such person. This Agreement has been duly
         and validly executed and delivered by WWWX and Acquisition Sub and
         constitutes, and upon the execution and delivery by WWWX and
         Acquisition Sub of the Transaction Documents to which it is a party,
         the Transaction Documents will constitute, legal, valid and binding
         obligations of WWWX and Acquisition Sub enforceable against each of
         them in accordance with their terms.

                                       22
<PAGE>

5.3      NO CONFLICTS.

         The execution and delivery by WWWX and Acquisition Sub of this
         Agreement do not, and the execution and delivery by each of them of the
         Transaction Documents to which it is a party, the performance by each
         of them of its obligations under this Agreement and such Transaction
         Documents and the consummation of the transactions contemplated hereby
         and thereby will not:

         (a)      conflict with or result in a violation or breach of any of the
                  terms, conditions or provisions of the articles of
                  organization and operating agreement of each of them;

         (b)      conflict with or result in a violation or breach of any term
                  or provision of any Law or Order applicable to either of them
                  or any of its Assets and Properties; or

         (c)      (i) conflict with or result in a violation or breach of, (ii)
                  constitute (with or without notice or lapse of time or both) a
                  default under, (iii) require either of them to obtain any
                  consent, approval or action of, make any filing with or give
                  any notice to any Person as a result or under the terms of, or
                  (iv) result in the creation or imposition of any Lien upon
                  either of them or any of its Assets or Properties under, any
                  Contract or License to which either of them is a party or by
                  which any of its Assets and Properties is bound.

5.4      GOVERNMENTAL APPROVALS AND FILINGS.

         No consent, approval or action of, filing with or notice to any
         Governmental or Regulatory Authority on the part of WWWX or Acquisition
         Sub is required in connection with the execution, delivery and
         performance of this Agreement or the Transaction Documents to which it
         is a party or the consummation of the transactions contemplated hereby
         or thereby.

5.5      PURCHASE FOR INVESTMENT.

         WWWX and Acquisition Sub each warrants and represents that it has, and
         as of the Effective Time of the Merger will have, no present plan,
         intention or arrangement to sell, transfer or otherwise dispose of all
         or any part of the business or assets of Intrac, and WWWX and
         Acquisition Sub each agrees that Acquisition Sub will continue at least
         one significant historic business line of Intrac, or use at least a
         significant portion of the Intrac's historic business assets in a
         business, for a period of at least one (1) year following the Closing
         Date (the "POST-MERGER CONTINUITY Period"), in each case within the
         meaning of Reg. section 1.368-1 (d), except that Acquisition Sub may
         transfer Intrac's historic business assets during the Post-Merger
         Continuity Period to a corporation that is a member of Acquisition
         Sub's "qualified group," within the meaning of Reg. section 1.368-1(d)
         (4) (ii).

                                       23
<PAGE>

5.6      BROKERS.

         All negotiations relative to this Agreement and the transactions
         contemplated hereby have been carried out by WWWX and Acquisition Sub
         directly with Sellers and Intrac without the intervention of any Person
         on behalf of WWWX and Acquisition Sub in such manner as to give rise to
         any valid claim by any Person against Sellers or Intrac for a finder's
         fee, brokerage commission or similar payment.

5.7      WWWX SHARES.

         When issued and delivered to the Sellers in accordance with the terms
         of this Agreement, the WWWX Shares will be duly authorized, validly
         issued, fully paid and non-assessable.

5.8      BUSINESS.

         WWWX and Acquisition Sub intend to have the Surviving Corporation
         continue at least one significant, historic business line of Intrac, or
         to use at least a significant portion of Intrac's historic business
         assets in a business, in each case for a period of at least 1 year
         following the Closing Date, within the meaning of Treasury Regulation
         Section 1.368-1(d).

5.9      COMPLETION OF DUE DILIGENCE.

         WWWX and Acquisition Sub agree to complete their due diligence review
         of Intrac no later than July 23, 1999.

                                   ARTICLE VI
                       COVENANTS OF INTRAC AND THE SELLERS

Intrac and the Sellers covenant and agree with WWWX and Acquisition Sub that, at
all times from and after the date hereof until the Closing and, with respect to
any covenant or agreement by its terms to be performed in whole or in part after
the Closing, for the period specified therein or, if no period is specified
therein, indefinitely, Sellers will comply with all covenants and provisions of
this ARTICLE VI, except to the extent WWWX and Acquisition Sub may otherwise
consent in writing.

6.1      REGULATORY AND OTHER APPROVALS.

         Sellers and Intrac will as promptly as practicable to:

         (a)      take all commercially reasonable steps necessary or desirable
                  to obtain all consents, approvals or actions of, make all
                  filings with and give all notices to Governmental or
                  Regulatory Authorities or any other Person required of Sellers
                  or Intrac to consummate the transactions contemplated hereby
                  and by the Transaction Documents;

                                       24
<PAGE>

         (b)      provide such other information and communications to such
                  Governmental or Regulatory Authorities or other Persons as
                  WWWX and Acquisition Sub or such Governmental or Regulatory
                  Authorities or other Persons may reasonably request in
                  connection therewith; and

         (c)      cooperate with WWWX and Acquisition Sub in connection with the
                  performance of its obligations under SECTIONS 7.1 AND 7.5.
                  Sellers will provide prompt notification to WWWX and
                  Acquisition Sub when any such consent, approval, action,
                  filing or notice referred to in Subsection (a) above is
                  obtained, taken, made or given, as applicable.

6.2      INVESTIGATION BY WWWX AND ACQUISITION SUB.

         Sellers will, and will cause Intrac to,

         (a)      provide each of WWWX and Acquisition Sub and its officers,
                  directors, employees, agents, counsel, accountants, financial
                  advisors and consultants (together "REPRESENTATIVES") with
                  reasonable access, upon reasonable prior notice and during
                  such hours as shall least disrupt the operation of Intrac, to
                  all officers, employees, agents and accountants of Intrac and
                  its Assets and Properties and Books and Records, and

         (b)      furnish WWWX and Acquisition Sub and such other Persons with
                  all such information and data (including without limitation
                  copies of Contracts, Benefit Plans and other Books and
                  Records) concerning the business and operations of Intrac as
                  WWWX and Acquisition Sub or any of such other Persons
                  reasonably may request in connection with such investigation.

6.3      CONDUCT OF BUSINESS.

         Sellers will cause Intrac to conduct business only in the ordinary
         course consistent with past practice. Without limiting the generality
         of the foregoing, Sellers will:

         (a)      cause Intrac to use commercially reasonable efforts to (i)
                  preserve intact the present business organization and
                  reputation of Intrac, (ii) keep available (subject to
                  dismissals and retirements in the ordinary course of business
                  consistent with past practice) the services of the present
                  officers, employees and consultants of Intrac, (iii) maintain
                  the Assets and Properties of Intrac in good working order and
                  condition, ordinary wear and tear excepted, (iv) maintain the
                  goodwill of customers, suppliers, lenders and other Persons to
                  whom Intrac sells goods or provides services or with whom
                  Intrac otherwise has significant business relationships, and
                  (v) continue all current sales, marketing and promotional
                  activities relating to the business and operations of Intrac;

         (b)      except to the extent required by applicable laws (i) cause the
                  Books and Records to be maintained in the usual, regular and
                  ordinary manner, (ii) not permit any material change in (A)
                  any pricing, investment, accounting, financial reporting,
                  inventory, credit, allowance or Tax practice or policy of
                  Intrac, or (B) any method

                                       25
<PAGE>

                  of calculating any bad debt, contingency or other reserve of
                  Intrac for accounting, financial reporting or Tax purposes,
                  and (iii) not permit any change in the fiscal year of Intrac;
                  and

         (c)      cause Intrac to comply, in all material respects, with all
                  Laws and Orders applicable to the business and operations of
                  Intrac, and promptly following receipt thereof to give
                  Acquisition Sub copies of any notice received from any
                  Governmental or Regulatory Authority or other Person alleging
                  any violation of any such Law or Order.

6.4      EMPLOYEE MATTERS.

         Except as may be required by Law, Sellers will refrain, and will cause
         Intrac to refrain, from directly or indirectly:

         (a)      making any representation or promise, oral or written, to any
                  officer, employee or consultant of Intrac concerning any
                  Benefit Plan, except for statements as to the rights or
                  accrued benefits of any officer, employee or consultant under
                  the terms of any Benefit Plan;

         (b)      entering into any written employment agreement or making any
                  increase n the salary, wages or other compensation of any
                  officer, employee or consultant of Intrac;

         (c)      adopting, entering into or becoming bound by any Benefit Plan,
                  employment-related Contract or collective bargaining
                  agreement, or amending, modifying or terminating (partially or
                  completely) any Benefit Plan, employment-related Contract or
                  collective bargaining agreement, except to the extent required
                  by applicable Law; or

         (d)      establishing or modifying any (i) targets, goals, pools or
                  similar provisions in respect of any fiscal year under any
                  Benefit Plan, employment-related Contract or other employee
                  compensation arrangement or (ii) salary ranges, increase
                  guidelines or similar provisions in respect of any Benefit
                  Plan, written employment-related Contract or other written
                  employee compensation arrangement.

6.5      CERTAIN RESTRICTIONS.

         Other than in the ordinary course of business, Sellers will cause
         Intrac to refrain from:

         (a)      amending its certificate of incorporation or by-laws or taking
                  any action with respect to any such amendment or any
                  recapitalization, reorganization, liquidation or dissolution
                  of any such corporation;

         (b)      authorizing, issuing, selling or otherwise disposing of any
                  shares of capital stock of or any Option with respect to
                  Intrac, or modifying or amending any right of any holder of
                  outstanding shares of capital stock of or Option with respect
                  to Intrac;

                                       26
<PAGE>

         (c)      declaring, setting aside or paying any dividend or other
                  distribution in respect of the capital stock of Intrac, or
                  directly or indirectly redeeming, purchasing or otherwise
                  acquiring any capital stock of or any Option with respect to
                  Intrac (except as set forth on SCHEDULE 4.10);

         (d)      disposing of, or incurring any Lien (other than a Permitted
                  Lien) on, any Assets and Properties;

         (e)      (i) entering into, amending, modifying, terminating (partially
                  or completely), granting any waiver under or giving any
                  consent with respect to (A) any material Contract or (B) any
                  material License or (ii) granting any irrevocable powers of
                  attorney;

         (f)      violating, breaching or defaulting under in any material
                  respect, or taking or failing to take any action that (with or
                  without notice or lapse of time or both) would constitute a
                  material violation or breach of, or default under, any term or
                  provision of any License held or used by Intrac or any
                  Contract to which Intrac is a party or by which any of its
                  Assets and Properties is bound;

         (g)      (i) incurring Indebtedness in an aggregate principal amount
                  exceeding $100,000 net of any amounts of Indebtedness
                  discharged during such period, or (ii) voluntarily purchasing,
                  canceling, prepaying or otherwise providing for a complete or
                  partial discharge in advance of a scheduled payment date with
                  respect to, or waiving any rights of Intrac under, any
                  Indebtedness of or owing to Intrac;

         (h)      making capital expenditures or commitments for additions to
                  property, plant or equipment constituting capital assets in an
                  aggregate amount exceeding $150,000;

         (i)      making any change in the lines of business in which it
                  participates or is engaged;

         (j)      writing off or writing down any of its Assets and Properties;
                  or

         (k)      entering into any Contract to do or engage in any of the
                  foregoing.

6.6      AFFILIATE TRANSACTIONS.

         Prior to the Closing, Intrac will not enter into any Contract or amend
         or modify any existing Contract, and will not engage in any transaction
         outside the ordinary course of business consistent with past practice
         or not on an arm's-length basis with Sellers or any such Affiliate.

6.7      BOOKS AND RECORDS.

         On the Closing Date, Sellers will deliver or make available to WWWX and
         Acquisition Sub all of the Books and Records, and if at any time after
         the Closing Sellers discover in their possession or under their control
         any other Books and Records, they will forthwith deliver such Books and
         Records to Acquisition Sub.

                                       27
<PAGE>

6.8      ACQUISITION PROPOSALS.

         From the date hereof through the Closing, none of the Sellers, Intrac,
         or any of their Affiliates, nor any of their officers, directors,
         employees, representatives, or agents, shall, directly or indirectly,
         solicit, initiate, or participate in any way in discussions or
         negotiations with, or provide any information or assistance to, any
         Person or group of Persons (other than WWWX or Acquisition Sub)
         concerning any acquisition of an equity interest in, or any merger or
         consolidation with, or any acquisition of a substantial portion of the
         assets of Intrac other than in the ordinary course of business and as
         specifically permitted pursuant to this Agreement (each, an
         "Acquisition Proposal"), or assist or participate in, facilitate, or
         encourage any effort or attempt by any other Person to do or seek to do
         any of the foregoing. Since June 1, 1999, none of the conduct
         prohibited by this sentence has occurred. Intrac shall promptly
         communicate to WWWX and Acquisition Sub the terms of any Acquisition
         Proposal which any of them or any such other Person may receive.

6.9      NOTICE AND CURE.

         Sellers will notify WWWX and Acquisition Sub in writing of, and
         contemporaneously will provide WWWX and Acquisition Sub with true and
         complete copies of any and all information or documents relating to,
         and will use all commercially reasonable efforts to cure before the
         Closing, any event, transaction or circumstance, as soon as practicable
         after it becomes known to Sellers, occurring after the date of this
         Agreement that causes or will cause any covenant or agreement of
         Sellers under this Agreement to be breached or that renders or will
         render untrue any representation or warranty of Sellers contained in
         this Agreement as if the same were made on or as of the date of such
         event, transaction or circumstance.

6.10     FULFILLMENT OF CONDITIONS.

         Sellers will execute and deliver at the Closing each of the Transaction
         Documents that Sellers are required hereby to execute and deliver as a
         condition to the Closing, will take all commercially reasonable steps
         necessary or desirable and proceed diligently and in good faith to
         satisfy each condition to the obligations of WWWX and Acquisition Sub
         contained in this Agreement and will not, and will not permit Intrac
         to, take or fail to take any action that could reasonably be expected
         to result in the nonfulfillment of any such condition.

                                   ARTICLE VII
                      COVENANTS OF WWWX AND ACQUISITION SUB

Each of WWWX and Acquisition Sub covenants and agrees with Intrac and Sellers
that, at all times from and after the date hereof until the Closing and, with
respect to any covenant or agreement by its terms to be performed in whole or in
part after the Closing, for the period specified therein or, if no period is
specified therein, indefinitely, WWWX and Acquisition Sub will comply with all
covenants and provisions of this ARTICLE VII, except to the extent Sellers may
otherwise consent in writing.

                                       28
<PAGE>

7.1      REGULATORY AND OTHER APPROVALS.

         Each of WWWX and Acquisition Sub will as promptly as practicable (a)
         take all commercially reasonable steps necessary or desirable to obtain
         all consents, approvals or actions of, make all filings with and give
         all notices to Governmental or Regulatory Authorities or any other
         Person required of WWWX and Acquisition Sub to consummate the
         transactions contemplated hereby and by the Transaction Documents, (b)
         provide such other information and communications to such Governmental
         or Regulatory Authorities or other Persons as Sellers or such
         Governmental or Regulatory Authorities or other Persons may reasonably
         request in connection therewith, and (c) cooperate with Sellers and
         Intrac in connection with the performance of their obligations under
         Sections 6.1 AND 6.2. Each of WWWX and Acquisition Sub will provide
         prompt notification to Intrac and the Sellers when any such consent,
         approval, action, filing or notice referred to in CLAUSE (A) above is
         obtained, taken, made or given, as applicable.

7.2      NOTICE AND CURE.

         Each of WWWX and Acquisition Sub will notify Sellers in writing of, and
         contemporaneously will provide Sellers with true and complete copies of
         any and all information or documents relating to, and will use all
         commercially reasonable efforts to cure before the Closing, any event,
         transaction or circumstance, as soon as practicable after it becomes
         known to WWWX and Acquisition Sub, occurring after the date of this
         Agreement that causes or will cause any covenant or agreement of WWWX
         and Acquisition Sub under this Agreement to be breached or that renders
         or will render untrue any representation or warranty of WWWX and
         Acquisition Sub contained in this Agreement as if the same were made on
         or as of the date of such event, transaction or circumstance.

7.3      FULFILLMENT OF CONDITIONS.

         Each of WWWX and Acquisition Sub will execute and deliver at the
         Closing each of the Transaction Documents that WWWX and Acquisition Sub
         is hereby required to execute and deliver as a condition to the
         Closing, will take all commercially reasonable steps necessary or
         desirable and proceed diligently and in good faith to satisfy each
         condition to the obligations of Sellers contained in this Agreement and
         will not take or fail to take any action that could reasonably be
         expected to result in the nonfulfillment of any such condition.

7.4      BUSINESS.

         Acquisition Sub will continue at least one significant business line of
         Intrac, or at least a significant portion of Intrac's historic business
         assets in a business, in each case for a period of at least 1 year
         following the Closing Date, within the meaning of Treasury Regulation
         Section 1.368-1(d).

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<PAGE>

7.5      COMPLETION OF DUE DILIGENCE.

         WWWX and Acquisition Sub agree to complete their due diligence review
         of Intrac no later than July 23, 1999.

7.6      MANAGEMENT OF ACQUISITION SUB.

         Acquisition Sub will be managed in accordance with the terms set forth
         in the attached Exhibit C.

                                  ARTICLE VIII
              CONDITIONS TO OBLIGATIONS OF WWWX AND ACQUISITION SUB

The obligations of WWWX and Acquisition Sub hereunder to purchase the Shares are
subject to the fulfillment, at or before the Closing, of each of the following
conditions (all or any of which may be waived in whole or in part by WWWX and
Acquisition Sub in their sole discretion):

8.1      REPRESENTATIONS AND WARRANTIES.

         Each of the representations and warranties made by Sellers and Intrac
         in this Agreement (other than those made as of a specified date earlier
         than the Closing Date) shall be true and correct in all material
         respects on and as of the Closing Date as though such representation or
         warranty was made on and as of the Closing Date, and any representation
         or warranty made as of a specified date earlier than the Closing Date
         shall have been true and correct in all material respects on and as of
         such earlier date.

8.2      PERFORMANCE.

         Sellers and Intrac shall have performed and complied with, in all
         material respects, each agreement, covenant and obligation required by
         this Agreement to be so performed or complied with by Sellers and
         Intrac at or before the Closing.

8.3      SELLERS' CERTIFICATE; OFFICERS' CERTIFICATES.

         Sellers shall have delivered to WWWX and Acquisition Sub a certificate,
         dated the Closing Date and executed by Sellers stating that their
         representations and warranties contained in this Agreement are true and
         correct as of the Closing Date and that all of their covenants and
         conditions contained in this Agreement have been met or waived, in a
         form reasonably satisfactory to WWWX and Acquisition Sub. Intrac shall
         have delivered to WWWX and Acquisition Sub a certificate, dated the
         Closing Date and executed in the name and on behalf of Intrac by an
         authorized officer of Intrac stating that Intrac's representations and
         warranties contained in this Agreement are true and correct as of the
         Closing Date and that all of its covenants and conditions contained in
         this Agreement have been met or waived, in a form reasonably
         satisfactory to WWWX and Acquisition Sub, and a certificate, dated the
         Closing Date and executed by the Secretary of Intrac attaching Intrac's
         organizational documents, resolutions, incumbency certificate and

                                       30
<PAGE>

         certifying as to the due authorization of the transactions contemplated
         by this Agreement, in a form reasonably satisfactory to WWWX and
         Acquisition Sub.

8.4      ORDERS AND LAWS.

         There shall not be in effect on the Closing Date any Order or Law
         restraining, enjoining or otherwise prohibiting or making illegal the
         consummation of any of the transactions contemplated by this Agreement
         or any of the Transaction Documents or which could reasonably be
         expected to otherwise result in a material diminution of the benefits
         of the transactions contemplated by this Agreement or any of the
         Transaction Documents to WWWX and Acquisition Sub, and there shall not
         be pending or threatened on the Closing Date any Action or Proceeding
         in, before or by any Governmental or Regulatory Authority which could
         reasonably be expected to result in the issuance of any such Order or
         the enactment, promulgation or deemed applicability to WWWX,
         Acquisition Sub, Intrac, or the transactions contemplated by this
         Agreement or any of the Transaction Documents of any such Law.

8.5      REGULATORY CONSENTS AND APPROVALS.

         All consents, approvals and actions of, filings with and notices to any
         Governmental or Regulatory Authority necessary to permit WWWX, Intrac,
         Acquisition Sub and Sellers to perform their obligations under this
         Agreement and the Transaction Documents and to consummate the
         transactions contemplated hereby and thereby (a) shall have been duly
         obtained, made or given, (b) shall be in form and substance reasonably
         satisfactory to WWWX and Acquisition Sub, (c) shall not be subject to
         the satisfaction of any condition that has not been satisfied or
         waived, and (d) shall be in full force and effect, and all terminations
         or expirations of waiting periods imposed by any Governmental or
         Regulatory Authority necessary for the consummation of the transactions
         contemplated by this Agreement and the Transaction Documents shall have
         occurred.

8.6      THIRD PARTY CONSENTS.

         At or prior to Closing, all consents (or in lieu thereof waivers) to
         the performance by WWWX, Intrac, Acquisition Sub and Sellers of their
         obligations under this Agreement and the Transaction Documents or to
         the consummation of the transactions contemplated hereby and thereby as
         are required under any Contract to which WWWX, Acquisition Sub, Sellers
         or Intrac is a party or by which any of their respective Assets and
         Properties are bound (a) shall have been obtained, (b) shall be in form
         and substance reasonably satisfactory to WWWX, Acquisition Sub, Seller
         or Intrac, as the case may be, (c) shall not be subject to the
         satisfaction of any condition that has not been satisfied or waived,
         and (d) shall be in full force and effect, except where the failure to
         obtain any such consent (or in lieu thereof waiver) could not
         reasonably be expected, individually or in the aggregate with other
         such failures, to materially adversely affect WWWX or Acquisition Sub
         or the Business or Condition of Intrac or otherwise result in a
         material diminution of the benefits of the transactions contemplated by
         this Agreement and the Transaction Documents to WWWX and Acquisition
         Sub.

                                       31
<PAGE>

8.7      PROCEEDINGS.

         All proceedings to be taken on the part of Sellers and Intrac in
         connection with the transactions contemplated by this Agreement and all
         documents incident thereto shall be reasonably satisfactory in form and
         substance to WWWX and Acquisition Sub, and WWWX and Acquisition Sub
         shall have received copies of all such documents and other evidences as
         WWWX and Acquisition Sub may reasonably request in order to establish
         the consummation of such transactions and the taking of all proceedings
         in connection therewith.

8.8      OPINION OF COUNSEL.

         WWWX and Acquisition Sub shall have received an opinion of counsel to
         Sellers and Intrac, dated the Closing Date, in a form reasonably
         satisfactory to WWWX and Acquisition Sub.

8.9      OTHER TRANSACTION DOCUMENTS.

         WWWX, Acquisition Sub, Sellers and Intrac, as the case may be, shall
         have executed and delivered the Employment Agreements and the Amended
         and Restated ATM Service, Ltd. Shareholders Agreement.

8.10     COMPLETION OF DUE DILIGENCE.

         WWWX and Acquisition Sub shall have completed their due diligence
         review of Intrac and the transactions contemplated by this Agreement to
         their satisfaction.

8.11     SCHEDULES.

         Intrac and Sellers shall have attached and/or amended the schedules to
         this Agreement.

                                   ARTICLE IX
                 CONDITIONS TO OBLIGATIONS OF SELLERS AND INTRAC

The obligations of Sellers hereunder to sell the Shares are subject to the
fulfillment, at or before the Closing, of each of the following conditions (all
or any of which may be waived in whole or in part by Sellers in their sole
discretion):

9.1      REPRESENTATIONS AND WARRANTIES.

         Each of the representations and warranties made by WWWX and Acquisition
         Sub in this Agreement (other than those made as of a specified date
         earlier than the Closing Date) shall be true and correct in all
         material respects on and as of the Closing Date as though such
         representation or warranty was made on and as of the Closing Date, and
         any

                                       32
<PAGE>

         representation or warranty made as of a specified date earlier than the
         Closing Date shall have been true and correct in all material respects
         on and as of such earlier date.

9.2      PERFORMANCE.

         WWWX and Acquisition Sub shall have performed and complied with, in all
         material respects, each agreement, covenant and obligation required by
         this Agreement to be so performed or complied with by WWWX and
         Acquisition Sub at or before the Closing.

9.3      OFFICERS' CERTIFICATES.

         Each of WWWX and Acquisition Sub shall have delivered to Sellers a
         certificate, dated the Closing Date and executed in the name and on
         behalf of each of WWWX and Acquisition Sub by an authorized officer of
         each of WWWX and Acquisition Sub stating that each of their
         representations and warranties contained in this Agreement are true and
         correct as of the Closing Date and that all of its covenants and
         conditions contained in this Agreement have been met or waived, in a
         form reasonably satisfactory to Sellers and Intrac, and a certificate,
         dated the Closing Date and executed by the Secretary of each of WWWX
         and Acquisition Sub attaching each of their organizational documents,
         resolutions, incumbency certificate and certifying as to the due
         authorization by each of the transactions contemplated by this
         Agreement, in a form reasonably satisfactory to Sellers and Intrac.

9.4      ORDERS AND LAWS.

         There shall not be in effect on the Closing Date any Order or Law
         restraining, enjoining or otherwise prohibiting or making illegal the
         consummation of any of the transactions contemplated by this Agreement
         or any of the Transaction Documents.

9.5      REGULATORY CONSENTS AND APPROVALS.

         All consents, approvals and actions of, filings with and notices to any
         Governmental or Regulatory Authority necessary to permit Sellers and
         Acquisition Sub to perform their obligations under this Agreement and
         the Transaction Documents and to consummate the transactions
         contemplated hereby and thereby (a) shall have been duly obtained, made
         or given, (b) shall be in form and substance reasonably satisfactory to
         Sellers, (c) shall not be subject to the satisfaction of any condition
         that has not been satisfied or waived, and (d) shall be in full force
         and effect, and all terminations or expirations of waiting periods
         imposed by any Governmental or Regulatory Authority necessary for the
         consummation of the transactions contemplated by this Agreement and the
         Transaction Documents shall have occurred.

THIRD PARTY CONSENTS.

         All consents (or in lieu thereof waivers) to the performance by
         Sellers, WWWX and Acquisition Sub of their obligations hereunder and to
         the consummation of the transactions contemplated hereby as are
         required hereunder (a) shall have been obtained, (b) shall be in form
         and substance reasonably satisfactory to Sellers, (c) shall not be

                                       33
<PAGE>

         subject to the satisfaction of any condition that has not been
         satisfied or waived, and (d) shall be in full force and affect.

9.7      OPINION OF COUNSEL.

         Sellers shall have received an opinion of counsel to WWWX and
         Acquisition Sub, dated the Closing Date, and in a form reasonably
         satisfactory to Sellers and Intrac.

9.8      PROCEEDINGS.

         All proceedings to be taken on the part of WWWX and Acquisition Sub in
         connection with the transactions contemplated by this Agreement and all
         documents incident thereto shall be reasonably satisfactory in form and
         substance to Sellers, and Sellers shall have received copies of all
         such documents and other evidences as Sellers may reasonably request in
         order to establish the consummation of such transactions and the taking
         of all proceedings in connection therewith.

9.9      OTHER TRANSACTION DOCUMENTS.

         WWWX, Acquisition Sub, Sellers and Intrac, as the case may be, shall
         have executed and delivered the Employment Agreements and the Amended
         and Restated ATM Service, Ltd. Shareholders Agreement.

9.10     TAX FREE EXCHANGE.

         Sellers and Intrac shall have received reasonable evidence that the
         transactions evidenced by this Agreement, including, without
         limitation, the Merger, shall be accorded tax free exchange status
         under Section 368(a) of the Internal Revenue Code, as amended.

                                    ARTICLE X
                       TAX MATTERS AND POST-CLOSING TAXES

10.1     TRANSFER TAXES.

         WWWX and Acquisition Sub shall pay all sales, use, transfer, real
         property transfer, recording, gains, stock transfer and other similar
         taxes and fees (collectively, "TRANSFER TAXES") arising out of or in
         connection with the transactions effected pursuant to this Agreement,
         and shall indemnify, defend, and hold harmless Sellers and Intrac with
         respect to such Transfer Taxes. WWWX and Acquisition Sub shall timely
         file all necessary documentation and Tax Returns with respect to such
         Transfer Taxes and shall provide reasonable evidence no later than the
         Closing Date that any such Transfer Taxes have been provided for.

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<PAGE>

10.2     TAX COOPERATION.

         After the date hereof, Sellers, WWWX, Acquisition Sub and Intrac will
         cooperate in the preparation of all Tax Returns and will provide to
         each other (or cause to be provided) any records and other information
         requested, and will provide access to, and the cooperation of their
         respective auditors, and will cooperate with each other in connection
         with any Tax investigation, audit or other processing.

                                   ARTICLE XI
                          SURVIVAL OF REPRESENTATIONS,
                      WARRANTIES, COVENANTS AND AGREEMENTS

11.1     SURVIVAL OF REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS.

         The representations, warranties, covenants and agreements of Sellers,
         WWWX, Acquisition Sub and Intrac contained in this Agreement will
         survive the Closing: (a) until the expiration of the applicable
         statutes of limitation with respect to matters covered by SECTION 4.3;
         and (b) for 18 months after the Closing Date in the case of all other
         representations and warranties and any covenant or agreement to be
         performed in whole or in part on or prior to the Closing; and (c) with
         respect to each other covenant or agreement contained in this
         Agreement, until 60 days following the last date on which such covenant
         or agreement is to be performed or, if no such date is specified, the
         date that is two years after the Closing Date, PROVIDED, HOWEVER, that
         any representation, warranty, covenant or agreement that would
         otherwise terminate in accordance with clauses (a), (b) or (c) above
         will continue to survive if a Claim Notice or Indemnity Notice (as
         applicable) shall have been timely given under ARTICLE XII on or prior
         to such termination date, until the related claim for indemnification
         has been satisfied or otherwise resolved as provided in ARTICLE XII.

                                   ARTICLE XII
                                 INDEMNIFICATION

12.1     INDEMNIFICATION.

         (a)      Subject to the other SECTIONS of this ARTICLE XII, Sellers
                  shall, severally (pro rata based upon the allocation of the
                  Merger Consideration to Sellers as set forth on SCHEDULE 3.2),
                  and not jointly, indemnify the WWWX Indemnified Parties in
                  respect of, and hold each of them harmless from and against,
                  any and all Losses suffered, incurred or sustained by any of
                  them or to which any of them becomes subject, resulting from,
                  arising out of or relating to any material breach of any
                  representation or warranty in this Agreement, in any Schedule
                  or certificate delivered in connection with this Agreement and
                  the other documents and agreements delivered in connection
                  with this Agreement or any nonfulfillment of or failure to
                  perform any material covenant or agreement on the part of
                  Sellers contained in this Agreement.

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<PAGE>

         (b)      Subject to the other Sections of this ARTICLE XII, WWWX and
                  Acquisition Sub shall jointly and severally indemnify the
                  Seller Indemnified Parties in respect of, and hold each of
                  them harmless from and against, any and all Losses suffered,
                  incurred or sustained by any of them or to which any of them
                  becomes subject, resulting from, arising out of or relating to
                  any breach of any material representation or warranty of WWWX
                  or Acquisition Sub in this Agreement, in any Schedule or
                  Certificate delivered in connection with this Agreement and
                  the other documents and agreements delivered in connection
                  with this Agreement or any nonfulfillment of or failure to
                  perform any material covenant or agreement on the part of WWWX
                  or Acquisition Sub contained in this Agreement, including
                  without limitation the breach of any warranty, representation
                  and/or covenant of WWWX and/or Acquisition Sub contained in
                  this Agreement which causes the Merger not to qualify as a tax
                  free reorganization under Section 368 of the Code for which
                  Losses shall include any and all income taxes, interest and
                  penalties which become due and payable as a result of Sellers'
                  recognition of capital gain in connection with the WWWX Shares
                  received by the Sellers as a part of the Merger Consideration,
                  as well as any and all damages, costs and expenses, including
                  reasonable attorneys' fees suffered, sustained or incurred by
                  the Sellers as a result thereof or in connection therewith.

         (c)      Notwithstanding Subsections (a) and (b) above, the WWWX
                  Indemnified Parties shall not be entitled to indemnification
                  under this ARTICLE XII until such parties' Losses in the
                  aggregate are equal to an amount in excess of $100,000, and
                  only then for those amounts in excess of $100,000.

12.2     METHOD OF ASSERTING CLAIMS.

         All claims for indemnification by any Indemnified Party will be
         asserted and resolved as follows:

         (a)      In the event any claim or demand in respect of which an
                  Indemnified Party might seek indemnity under Section 12.1 is
                  asserted against or sought to be collected from such
                  Indemnified Party by a third party (a "THIRD PARTY CLAIM"),
                  the Indemnified Party shall deliver a Claim Notice with
                  reasonable promptness to the Indemnifying Party. If the
                  Indemnified Party fails to provide the Claim Notice with
                  reasonable promptness after the Indemnified Party receives
                  notice of such Third Party Claim, the Indemnifying Party will
                  not be obligated to indemnify the Indemnified Party with
                  respect to such Third Party Claim to the extent that the
                  Indemnifying Party's ability to defend has been irreparably
                  prejudiced by such failure of the Indemnified Party. The
                  Indemnifying Party will notify the Indemnified Party as soon
                  as practicable within the Dispute Period whether the
                  Indemnifying Party disputes its liability to the
                  Indemnified Party under Section 12.1 and whether the
                  Indemnifying Party desires, at its sole cost and expense,
                  to defend the Indemnified Party against such Third Party
                  Claim.

                  i.       If the Indemnifying Party notifies the Indemnified
                           Party within the Dispute Period that the Indemnifying
                           Party desires to defend the Indemnified Party

                                       36
<PAGE>

                           with respect to the Third Party Claim pursuant to
                           this 12.2(a), then the Indemnifying Party will have
                           the right to defend, with counsel reasonably
                           satisfactory to the Indemnified Party, at the sole
                           cost and expense of the Indemnifying Party, such
                           Third Party Claim by all appropriate proceedings,
                           which proceedings will be vigorously and diligently
                           prosecuted by the Indemnifying Party to a final
                           conclusion or will be settled at the discretion of
                           the Indemnifying Party (but only with the consent of
                           the Indemnified Party, which consent will not be
                           unreasonably withheld, in the case of any settlement
                           that provides for any relief other than the payment
                           of monetary damages as to which the Indemnified Party
                           will be indemnified in full). The Indemnifying Party
                           will be deemed to have waived its right to dispute
                           its liability to the Indemnified Party under Section
                           12.1 with respect to any Third Party Claim as to
                           which it elects to control the defense. The
                           Indemnifying Party will have full control of such
                           defense and proceedings, including (except as
                           provided in the immediately preceding sentence) any
                           settlement thereof; PROVIDED, HOWEVER, that the
                           Indemnified Party may, at the sole cost and expense
                           of the Indemnified Party, at any time prior to the
                           Indemnifying Party's delivery of the notice referred
                           to in the first sentence of this clause (i), file any
                           motion, answer or other pleadings or take any other
                           action that the Indemnified Party reasonably believes
                           to be necessary or appropriate to protect its
                           interests; and PROVIDED FURTHER, that if requested by
                           the Indemnifying Party, the Indemnified Party will,
                           at the sole cost and expense of the Indemnifying
                           Party, provide reasonable cooperation to the
                           Indemnifying Party in contesting any Third Party
                           Claim that the Indemnifying Party elects to contest.
                           The Indemnified Party may retain separate counsel to
                           represent it in, but not control, any defense or
                           settlement of any Third Party Claim controlled by the
                           Indemnifying Party pursuant to this clause (i), and
                           the Indemnified Party will bear its own costs and
                           expenses with respect to such separate counsel,
                           except as provided in the preceding sentence and
                           except that the Indemnifying Party will pay the costs
                           and expenses of such separate counsel if (x) in the
                           Indemnified Party's good faith judgment, it is
                           advisable, based on advice of counsel, for the
                           Indemnified Party to be represented by separate
                           counsel because a conflict or potential conflict
                           exists between the Indemnifying Party and the
                           Indemnified Party which makes representation of both
                           parties inappropriate under applicable standards of
                           professional conduct or (y) the named parties to such
                           Third Party Claim include both the Indemnifying Party
                           and the Indemnified Party and the Indemnified Party
                           determines in good faith, based on advice of counsel,
                           that defenses are available to it that are
                           unavailable to the Indemnifying Party.
                           Notwithstanding the foregoing, the Indemnified Party
                           may retain or take over the control of the defense or
                           settlement of any Third Party Claim the defense of
                           which the Indemnifying Party has elected to control
                           if the Indemnified Party irrevocably waives its right
                           to indemnity under Section 12.1 with respect to such
                           Third Party Claim.

                                       37
<PAGE>

                  ii.      If the Indemnifying Party fails to notify the
                           Indemnified Party within the Dispute Period that the
                           Indemnifying Party desires to defend the Third Party
                           Claim pursuant to Section 12.2(a), or if the
                           indemnifying Party gives such notice but fails to
                           prosecute vigorously and diligently or settle the
                           Third Party Claim, then the Indemnified Party will
                           have the right to defend, at the sole cost and
                           expense of the Indemnifying Party, the Third Party
                           Claim by all appropriate proceedings, which
                           proceedings will be prosecuted by the Indemnified
                           Party in good faith or will be settled at the
                           discretion of the Indemnified Party (with the consent
                           of the Indemnifying Party, which consent will not be
                           unreasonably withheld). The Indemnified Party will
                           have full control of such defense and proceedings,
                           including (except as provided in the immediately
                           preceding sentence) any settlement thereof; PROVIDED,
                           HOWEVER, that if requested by the Indemnified Party,
                           the Indemnifying Party will, at the sole cost and
                           expense of the Indemnifying Party, provide reasonable
                           cooperation to the Indemnified Party and its counsel
                           in contesting any Third Party Claim which the
                           Indemnified Party is contesting. Notwithstanding the
                           foregoing provisions of this clause (ii), if the
                           Indemnifying Party has notified the Indemnified Party
                           within the Dispute Period that the Indemnifying Party
                           disputes its liability hereunder to the Indemnified
                           Party with respect to such Third Party Claim and if
                           such dispute is resolved in favor of the Indemnifying
                           Party in the manner provided in clause (iii) below,
                           the Indemnifying Party will not be required to bear
                           the costs and expenses of the Indemnified Party's
                           defense pursuant to this clause (ii) or of the
                           Indemnifying Party's participation therein at the
                           Indemnified Party's request, and the Indemnified
                           Party will reimburse the Indemnifying Party in full
                           for all reasonable costs and expenses incurred by the
                           Indemnifying Party in connection with such
                           litigation. The Indemnifying Party may retain
                           separate counsel to represent it in, but not control,
                           any defense or settlement controlled by the
                           Indemnified Party pursuant to this clause (ii), and
                           the Indemnifying Party will bear its own costs and
                           expenses with respect to such participation.

                  iii.     If the Indemnifying Party notifies the Indemnified
                           Party that it does not dispute its liability to the
                           Indemnified Party with respect to the Third Party
                           Claim under Section 12.1, the Loss arising from such
                           Third Party Claim will be conclusively deemed a
                           liability of the Indemnifying Party under Section
                           12.1 and the Indemnifying shall pay the amount of
                           such Loss to the Indemnified Party within 10 days of
                           demand therefor following the final determination
                           thereof. If the Indemnifying Party disputes its
                           liability with respect to such claim, the
                           Indemnifying Party and the Indemnified Party will
                           proceed in good faith to negotiate a resolution of
                           such dispute, and if not resolved through
                           negotiations within the Resolution Period, such
                           dispute shall be resolved by litigation in a court of
                           competent jurisdiction.

         (b)      In the event any Indemnified Party should have a claim under
                  Section 12.1 against any Indemnifying Party that does not
                  involve a Third Party Claim, the Indemnified
                  Party shall deliver an Indemnity Notice with reasonable
                  promptness to the

                                       38
<PAGE>

                  Indemnifying Party. The failure by any Indemnified Party to
                  give the Indemnity Notice shall not impair such party's rights
                  hereunder except to the extent that an Indemnifying Party
                  demonstrates that it has been irreparably prejudiced thereby.
                  If the Indemnifying Party notifies the Indemnified Party that
                  it does not dispute the claim described in such Indemnity
                  Notice, the Loss arising from the claim specified in such
                  Indemnity Notice will be conclusively deemed a liability of
                  the Indemnifying Party under Section 12.1 and the Indemnifying
                  Party shall pay the amount of such Loss to the Indemnified
                  Party within 10 days of demand therefor following the final
                  determination thereof. If the Indemnifying Party disputes its
                  liability with respect to such claim, the Indemnifying Party
                  and the Indemnified Party will proceed in good faith to
                  negotiate a resolution of such dispute, and if not resolved
                  through negotiations within the Resolution Period, such
                  dispute shall be resolved by litigation in a court of
                  competent jurisdiction.

         (c)      The indemnification remedies provided in this Agreement shall
                  be exclusive of any other remedies that may be available to
                  the Parties. For purposes of the indemnification provisions
                  hereunder, WWWX and Acquisition Sub shall each have the right
                  of setoff with respect to each Seller's shareholdings in WWWX
                  or ATM. Such right of setoff must be exercised at the
                  respective fair market value of respective shares and may only
                  be exercised 10 days after a demand for indemnification has
                  been unfulfilled.

                                  ARTICLE XIII
                                   TERMINATION

13.1     TERMINATION.

         This Agreement may be terminated, and the transactions contemplated
         hereby may be abandoned:

         (a)      at any time before the Closing, by mutual written agreement of
                  Sellers, WWWX, Acquisition Sub and Intrac;

         (b)      at any time before the Closing, by Sellers and Intrac, on the
                  one hand, or WWWX and Acquisition Sub, on the other hand, (i)
                  in the event of a material breach hereof by the
                  non-terminating party if such non-terminating party fails to
                  cure such breach within five (5) Business Days following
                  notification thereof by the terminating party or (ii) upon
                  notification of the non-terminating party by the terminating
                  party that the satisfaction of any condition to the
                  terminating party's obligations under this Agreement becomes
                  impossible or impracticable with the use of commercially
                  reasonable efforts if the failure of such condition to be
                  satisfied is not caused by a breach hereof by the terminating
                  party; or

         (c)      at any time after August 31, 1999 by Sellers and Intrac, on
                  the one hand or WWWX and Acquisition Sub, on the other hand,
                  upon notification of the non-terminating party by the
                  terminating party if the Closing shall not have occurred

                                       39
<PAGE>

                  on or before such date and such failure to consummate is not
                  caused by a breach of this Agreement by the terminating party.

13.2     EFFECT OF TERMINATION.

         If this Agreement is validly terminated pursuant to SECTION 13.1, this
         Agreement will forthwith become null and void, and there will be no
         liability or obligation on the part of Sellers, Intrac, WWWX or
         Acquisition Sub (or any of their respective officers, directors,
         employees, agents or other representatives or Affiliates), except as
         provided in the next succeeding sentence and except that the provisions
         with respect to expenses in SECTION 14.5, shall continue to apply
         following any such termination. Notwithstanding any other provision in
         this Agreement to the contrary, upon termination of this Agreement
         pursuant to SECTION 13.1 (B) OR (C), Sellers and Intrac will remain
         liable to WWWX and Acquisition Sub for any willful breach of this
         Agreement by Sellers existing at the time of such termination, WWWX and
         Acquisition Sub will remain liable to Sellers and Intrac for any
         willful breach of this Agreement by WWWX and Acquisition Sub existing
         at the time of such termination, and Sellers and Intrac or WWWX and
         Acquisition Sub may seek such remedies, including damages and fees of
         attorneys, against the other with respect to any such breach as are
         provided in this Agreement or as are otherwise available at Law or in
         equity.

                                   ARTICLE XIV
                                  MISCELLANEOUS

14.1     NOTICES.

         All notices, requests and other communications hereunder must be in
         writing and will be deemed to have been duly given only if delivered
         personally or by facsimile transmission (receipt of which is confirmed
         by an officer of the receiving party) or mailed (first class postage
         prepaid) to the parties at the following addresses or facsimile
         numbers:

         (a)      If to WWWX or Acquisition Sub, to:

                  16 Springdale Road, Bldg 11
                  Cherry Hill, NJ  08003
                  Facsimile No.: 609. 627.6893
                  Attn:  Mr. Robert D. Kohn, President and CEO

                  With a copy to:
                  Weinstein, Goss, Schleifer, Eisenberg, Winkler, Rothweiler &
                    Ostroff, P.C.
                  1634 Spruce Street
                  Philadelphia, PA
                  Facsimile No.:  215-546-0118
                  Attn:   Michael M. Goss, Esq.

                                       40
<PAGE>

         (b)      If to Intrac or the Sellers, to:

                  424 Madison Avenue
                  New York, NY  10017

                  With a copy to:
                  Astor, Weiss, Kaplan & Rosenblum, LLP
                  The Bellevue, Sixth Floor
                  Broad Street at Walnut
                  Philadelphia, PA  19102
                  Facsimile No.: 215-790-0509
                  Attn:  G. David Rosenblum, Esq.

         All such notices, requests and other communications will (i) if
         delivered personally to the address as provided in this Section 14.1 be
         deemed given upon delivery, (ii) if delivered by facsimile transmission
         to the facsimile number as provided in this Section 14.1, be deemed
         given upon receipt of confirmation by an officer of the receiving
         party, and (iii) if delivered by mail in the manner described above to
         the address as provided in this Section 14.1, be deemed given upon
         receipt (in each case regardless of whether such notice, request or
         other communication is received by any other Person to whom a copy of
         such notice, request or other communication is to be delivered pursuant
         to this Section 14.1. Any party from time to time may change its
         address, facsimile number or other information for the purpose of
         notices to that party by giving notice specifying such change to the
         other parties hereto.

14.2     COVENANTS AGAINST COMPETITION. Intrac and the Sellers acknowledge that
         WWWX and Acquisition Sub would not purchase the Shares but for the
         agreements and covenants of the Sellers (the "COVENANTORS").
         Accordingly, each of the Covenantors, jointly and severally, covenants
         and agrees as follows:

         (a)      COVENANT NOT TO COMPETE. Such Covenantors shall not at any
                  time for a period of 5 years after Closing (the "RESTRICTED
                  PERIOD") have any ownership interest (of record or beneficial)
                  in, or have any interest as an employee, salesman, consultant,
                  officer or director in, or otherwise aid or assist in any
                  manner, (i) any firm, corporation, partnership, proprietorship
                  or other business that engages in a business which is similar
                  to the Business of Intrac so long as WWWX, Acquisition Sub or
                  ATM (collectively the "WWWX PARTIES") or any successor in
                  interest to the Business remains actively engaged in the
                  Business; provided, however, that any such Covenantors may
                  own, directly or indirectly, solely as an investment, stock in
                  a corporation sold on a securities exchange if such
                  Covenantors (i) are not a controlling person of, or a member
                  of a group which controls, such Person or (ii) does not,
                  directly or indirectly own one percent or more of any class of
                  securities of such Person.

                                       41
<PAGE>

                  I.       SOLICITATION OF BUSINESS. During the Restricted
                           Period, such Covenantors shall not solicit or accept
                           or assist any other person to solicit or accept any
                           business which is the same or substantially similar
                           to the Business (other than for the WWWX Parties)
                           from any present or past customer of the Business; or
                           request or advise any present or future customer of
                           the Business to withdraw, curtail or cancel its
                           business dealings with the WWWX Parties or any
                           successor to the WWWX Parties; or commit any other
                           act or assist others to commit any other act which
                           might injure the Business. For purposes of this
                           SECTION 14.2, present or past customer means a
                           customer that has transacted business with
                           Acquisition Sub, Intrac or WWWX, or any of their
                           affiliates or subsidiaries within the previous two
                           years.

                  II.      EMPLOYEES. During the Restricted Period, such
                           Covenantors shall not directly or indirectly (i)
                           solicit or encourage any employee of the Business to
                           leave the employment of the WWWX Parties or (ii) hire
                           any employee who has left the employment of the WWWX
                           Parties or any successor to the WWWX Parties if such
                           hiring is proposed to occur within one year after the
                           termination of such employee's employment with the
                           WWWX Parties or any successor to the WWWX Parties;

                  III.     CONSULTANTS. During the Restricted Period, such
                           Covenantors shall not directly or indirectly solicit
                           or encourage any consultant then under contract with
                           the WWWX Parties to cease work with such entity.

                  IV.      CONFIDENTIAL INFORMATION. From and after the Closing
                           Date, such Covenantors shall keep secret and retain
                           in strictest confidence, and shall not use for the
                           benefit of such Covenantors or any Person other than
                           the WWWX Parties all confidential matters and trade
                           secrets known to them relating to the Business,
                           including, without limitation, customer lists,
                           pricing policies, operational methods, marketing
                           plans or strategies, product development techniques
                           or plans, business acquisition plans, new personnel
                           acquisition plans, the software, technical processes,
                           designs and design projects, invention and research
                           projects and other business affairs relating to the
                           Business learned by the Covenantors heretofore or
                           hereafter, and shall not disclose them to anyone
                           outside of the WWWX Parties and any successors to the
                           WWWX Parties except upon the WWWX Parties' express
                           written consent.

                  V.       RIGHTS AND REMEDIES UPON BREACH. If any Covenantor
                           breaches, or threatens to commit a breach of any of
                           the provisions of the restrictive covenants contained
                           in this Section, the WWWX Parties shall have the
                           following rights and remedies, each of which rights
                           and remedies shall be in addition to, and not in lieu
                           of, any other rights and remedies available to the
                           WWWX Parties at law or in equity;

                                       42
<PAGE>

                  VI.      SPECIFIC PERFORMANCE. The WWWX Parties shall have the
                           right to seek to have the covenants specifically
                           enforced by any court having equity jurisdiction, all
                           without the need to prove any amount of actual
                           damage, it being acknowledged and agreed that any
                           such breach or threatened breach will cause
                           irreparable injury to the WWWX Parties and that
                           monetary damages will not provide an adequate remedy
                           to the WWWX Parties; and

                  VII.     ACCOUNTING AND INDEMNIFICATION. The right and remedy
                           to require such Covenantors (i) to account for and
                           pay over to the WWWX Parties all compensation,
                           profits, monies, accruals, increments or other
                           benefits derived by such Covenantors or any
                           associated party deriving such benefits as a result
                           of any such breach of the covenants; and (ii) to
                           indemnify the WWWX Parties against any other losses,
                           damages, including special and consequential damages,
                           costs and expenses, including actual attorneys fees
                           and court costs, which may be incurred by them and
                           which result from or arise out of any such breach or
                           threatened breach of the covenants.

         (b)      SEVERABILITY OF COVENANTS. If any court determines that any of
                  the covenants, or any part thereof, is invalid or
                  unenforceable, the remainder of the covenants shall not
                  thereby be affected and shall be given full effect, without
                  regard to the invalid portions. If any court determines that
                  any of the covenants, or any part thereof, is unenforceable
                  because of the duration of such provision or the area covered
                  thereby, such court shall have the power to reduce the
                  duration or area of such provision and, in its reduced form,
                  such provision shall then be enforceable and shall be
                  enforced. Such Convenantors hereby waive any and all right to
                  attack the validity of the covenants on the grounds of the
                  breadth of their geographic scope or the length of their term.

         (c)      ENFORCEABILITY IN JURISDICTION. The Covenantors and the WWWX
                  Parties intend to and do hereby confer jurisdiction to enforce
                  the covenants upon the courts of any jurisdiction within the
                  geographical scope of such covenants and in which the WWWX
                  Parties are conducting the Business. If the courts of any one
                  or more of such jurisdictions hold the covenants wholly
                  unenforceable by reason of the breadth of such scope or
                  otherwise, it is the intention of the Covenantors and the WWWX
                  Parties that such determination not bar or in any way affect
                  the right of the WWWX Parties to the relief provided above in
                  the courts of any other jurisdiction within the geographical
                  scope of such covenants, as to breaches of such covenants in
                  such other respective jurisdictions, such covenants as they
                  relate to each jurisdiction being, for this purpose, severable
                  into diverse and independent covenants.

         (d)      DEFINITIVE NON-COMPETITION AGREEMENT; INVENTION AND
                  CONFIDENTIALITY AGREEMENT. To give full effect to the
                  provisions of this Section, such Covenantors shall deliver to
                  the WWWX Parties at the Closing a definitive Non-Competition
                  Agreement containing, among other things, specific
                  descriptions of the types of

                                       43
<PAGE>

                  business activities and the geographic areas to be covered by
                  the covenants, and otherwise in a form provided by the WWWX
                  Parties. Furthermore, such Covenantors shall also deliver to
                  the WWWX Parties at the Closing a definitive Employee
                  Invention and Confidentiality Agreement, whereby such
                  Covenantor, among other things, (i) agrees to hold in
                  strictest confidence all confidential proprietary information
                  and trade secrets of the Business which are in his possession
                  or known to him and (ii) agrees that all inventions (the
                  software) conceived by him while engaged as an employee or
                  independent contractor of the WWWX Parties are the exclusive
                  property of the WWWX Parties. Notwithstanding the foregoing,
                  however, neither the failure of such Covenantors to deliver
                  either of such agreements nor the failure of the WWWX Parties
                  to require the same shall otherwise affect the enforceability
                  of the covenants. Notwithstanding anything contained herein to
                  the contrary, the restrictive covenants contained in this
                  Section 14.2 shall not apply to a Seller in the event of a
                  material breach of this Agreement by any of the WWWX Parties
                  or in the event that Acquisition Sub or ATM terminates the
                  employment agreement with such Seller without cause (as
                  defined therein) or in the event that such Seller terminates
                  said employment agreement as a result of a material breach
                  which is not cured within the cure period provided therein.

14.3     SCHEDULES.

         Any schedules referenced in this Agreement that are not attached to and
         made a part of this Agreement at the time of execution of this
         Agreement shall be added prior to Closing, and when added shall be made
         a part of this Agreement.

14.4     ENTIRE AGREEMENT.

         This Agreement and the Transaction Documents supersede all prior
         discussions and agreements between the parties with respect to the
         subject matter hereof and thereof, and contain the sole and entire
         agreement between the parties hereto with respect to the subject matter
         hereof and thereof.

14.5     EXPENSES.

         Except as otherwise expressly provided in this Agreement, whether or
         not the transactions contemplated hereby are consummated, each of WWWX
         and Acquisition Sub will pay its own costs and expenses, and Intrac and
         Sellers will pay their own costs and expenses in connection with the
         negotiation, execution and closing of this Agreement and the
         Transaction Documents and the transactions contemplated hereby and
         thereby.

14.6     PUBLIC ANNOUNCEMENTS.

         At all times at or before the Closing, Sellers, Intrac, WWWX and
         Acquisition Sub will not issue or make any reports, statements or
         releases to the public with respect to this Agreement or the
         transactions contemplated hereby without the consent of the others,
         which consent shall not be unreasonably withheld. If any party is
         unable to obtain the

                                       44
<PAGE>

         approval of its public report, statement or release from the other
         parties and such report, statement or release is, in the opinion of
         legal counsel to such party, required by Law in order to discharge such
         party's disclosure obligations, then such party may make or issue the
         legally required report, statement or release and promptly furnish the
         other parties with a copy thereof. Sellers, WWWX and Acquisition Sub
         will also obtain the other party's prior approval of WWWX of any press
         release to be issued immediately following the Closing announcing the
         consummation of the transactions contemplated by this Agreement.

14.7     WAIVER.

         Any term or condition of this Agreement may be waived at any time by
         the party that is entitled to the benefit thereof, but no such waiver
         shall be effective unless set forth in a written instrument duly
         executed by or on behalf of the party waiving such term or condition.
         No waiver by any party of any term or condition of this Agreement, in
         any one or more instances, shall be deemed to be or construed as a
         waiver of the same or any other term or condition of this Agreement on
         any future occasion. All remedies, either under this Agreement or by
         Law or otherwise afforded, will be cumulative and not alternative.

14.8     AMENDMENT.

         This Agreement may be amended, supplemented or modified only by a
         written instrument duly executed by or on behalf of each party hereto.

14.9     NO THIRD PARTY BENEFICIARY.

         The terms and provisions of this Agreement are intended solely for the
         benefit of each party hereto and their respective heirs, executors,
         administrators, personal representatives, successors or permitted
         assigns, and it is not the intention of the parties to confer
         third-party beneficiary rights upon any other Person other than any
         Person entitled to indemnity under ARTICLE XII.

14.10    NO ASSIGNMENT; BINDING EFFECT.

         Neither this Agreement nor any right, interest or obligation hereunder
         may be assigned by any party hereto without the prior written consent
         of all other parties hereto and any attempt to do so will be void,
         except (a) for assignments and transfers by operation of Law and (b)
         that WWWX and Acquisition Sub may assign any or all of its rights,
         interests and obligations hereunder to a wholly-owned subsidiary,
         provided that any such subsidiary agrees in writing to be bound by all
         of the terms, conditions and provisions contained herein, and provided
         that WWWX and Acquisition Sub shall remain fully liable for the
         satisfaction of the obligations of such subsidiary. Subject to the
         preceding sentence, this Agreement is binding upon, inures to the
         benefit of and is enforceable by the parties hereto and their
         respective successors and assigns.

                                       45
<PAGE>

14.11    HEADINGS.

         The headings used in this Agreement have been inserted for convenience
of reference only and do not define or limit the provisions hereof.

INVALID PROVISIONS.

         If any provision of this Agreement is held to be illegal, invalid or
         unenforceable under any present or future Law, and if the rights or
         obligations of any party hereto under this Agreement will not be
         materially and adversely affected thereby, (a) such provision will be
         fully severable, (b) this Agreement will be construed and enforced as
         if such illegal, invalid or unenforceable provision had never comprised
         a part hereof, and (c) the remaining provisions of this Agreement will
         remain in full force and effect and will not be affected by the
         illegal, invalid or unenforceable provision or by its severance
         herefrom.

GOVERNING LAW.

         This Agreement shall be governed by and construed in accordance with
         the laws of the State of Delaware applicable to a Contract executed and
         performed in such state, without giving effect to the conflicts of laws
         principles thereof.

COUNTERPARTS.

         This Agreement may be executed in any number of counterparts (including
         by way of facsimile), each of which will be deemed an original, but all
         of which together will constitute one and the same instrument.

                       THE NEXT PAGE IS THE SIGNATURE PAGE

                                       46
<PAGE>

The parties have executed this Agreement on the date first above written.

                                            WWWX:

                                            WORLDWIDE WEB NETWORX CORPORATION

                                            By /s/ ROBERT D. KOHN
                                               ---------------------------------
                                                 Name: Robert D. Kohn
                                                 Title: President and Chief
                                                        Executive Officer

                                            ACQUISITION SUB:

                                            INTRAC ACQUISITION CORPORATION

                                            By /s/ ROBERT D. KOHN
                                               ---------------------------------
                                                 Name:  Robert D. Kohn
                                                 Title: President

                                            INTRAC:

                                            THE INTRAC GROUP

                                            By /s/ THOMAS A SETTINERI
                                               ---------------------------------
                                                 Name: Thomas A. Settineri
                                                 Title: Chairman and Chief
                                                        Executive Officer

                                            By /s/ GARY K. LEVI
                                               ---------------------------------
                                                 Name: Gary K. Levi
                                                 Title: President and Chief
                                                        Operating Officer

                                            SELLERS:

                                            /s/ THOMAS A. SETTINERI
                                            ------------------------------------
                                            Thomas A. Settineri

                                            /s/ GARY K. LEVI
                                            ------------------------------------
                                            Gary K. Levi<PAGE>

                                                                 Exhibit 10.23

                              EMPLOYMENT AGREEMENT

                  This Agreement executed this 23rd day of July, 1999 by and
between ATM SERVICE, LTD., a New York corporation ("ATM") and THOMAS SETTINERI
("Employee").

         The parties, each intending to be legally bound, hereby agree as
follows:

         1. POSITION. ATM employs Employee in the position of Chief Executive
Officer pursuant to the terms of this Agreement. Employee will perform such
services in this capacity as may from time to time be reasonably requested by
ATM.

         2. TERM. This Agreement shall commence on the Effective Date, as
defined in the Agreement and Plan of Merger among WorldWide Web NetworX
Corporation ("WWWX"), Intrac Acquisition Corporation, The Intrac Group, a
company in which Employee was a principal shareholder, and the Sellers signatory
thereto, which includes Employee (the "Merger Agreement") and shall except as
provided in paragraph 9, remain in effect for a period of ten (10) years
thereafter. After this ten (10) year term, the Agreement shall automatically
renew from year to year unless either party gives written notice to the other at
least ninety (90) days prior to the expiration of the then current term that he
or it is not renewing.

         3. COMPENSATION AND BENEFITS. For all services rendered by Employee
under this Agreement, ATM shall compensate Employee as follows:

               (a)  Employee shall have an annual salary (the "Base Salary") of
                    $400,000, that will be paid jointly by ATM and Intrac
                    Acquisition Corporation, a Delaware corporation ("IAC"). ATM
                    will pay Employee, on an quarterly basis, the difference
                    between the amount of the Base Salary and the portion
                    thereof paid by IAC.

               (b)  Employee shall be entitled to receive such other benefits as
                    are contained in Schedule "A".

               (c)  The Base Salary shall be subject to annual review, and
                    Employee shall be entitled to such increase as is determined
                    by the Board of Directors of ATM. Notwithstanding anything
                    contained herein to the contrary, the Base Salary shall be
                    increased pro rata to any increase in salary received by
                    Warren Rothstein. As an example, if Warren Rothstein's Base
                    Salary is $75,000 and Employee's Base Salary is $50,000,
                    Employee shall be entitled to 66.67% of any increase
                    received by Rothstein. Employee's entitlement to any stock
                    options and bonuses or other additional compensation shall
                    likewise be pro rata with that of any stock options or
                    bonuses or other additional compensation granted or awarded
                    to Warren Rothstein.

         4. DUTIES. The duties of Employee are as contained in the attached
Schedule "B". Those duties shall be performed in such manner so as to uphold the
reputation of ATM in the business

<PAGE>

community. Those duties may be reasonably extended or curtailed from time to
time, at the discretion of the Board of Directors of ATM.

         5. TIME AND ATTENTION DEVOTED TO DUTIES. Employee shall devote his
entire time and attention to the business of ATM and Intrac Acquisition
Corporation He shall not, during the term of this Agreement, be engaged in any
other business activity which interferes with his ability to perform the duties
assigned to him by ATM and/or Intrac Acquisition Corporation, whether or not
such business activity is pursued for gain, profit or other pecuniary advantage.
This shall not be construed as preventing Employee from investing his assets in
such form or manner as will not require any services on the part of Employee in
the operation of the affairs of the companies in which such investments are
made, subject to the qualification that Employee may not invest in a company
which is competitive in any manner whatsoever with ATM, its parents,
subsidiaries or affiliates (except for investments constituting less than one
percent (l%) of a publicly owned company).

         6. NONDISCLOSURE AND RESTRICTIVE COVENANTS. Employee acknowledges that
his duties will necessarily result in his becoming familiar with the business,
software, patents and copyrights, methods and operations, client and customer
lists, client and customer information, manufacturing processes, product
specifications, vendors, trading patterns, financial goals, and other
proprietary and confidential information of ATM and WWWX, a publicly traded
corporation (the "Confidential Information"). Therefore, Employee acknowledges
and agrees that the following nondisclosure provisions and restrictive covenants
shall apply to the Confidential Information. The rights hereunder shall inure to
the benefit of ATM and WWWX, each of whom shall have the right to enforce the
terms of paragraphs 6 through 8 of this Agreement. For the purposes of
paragraphs 6 through 8 of this Agreement, the term "ATM" or "WWWX" shall include
each of their affiliated companies. The terms contained in paragraphs 6 through
8 shall survive the termination or expiration of this Agreement. Therefore,
Employee agrees:

               (a)  Employee will not, at any time during his employment by
                    ATM, or at anytime thereafter, unless terminated by ATM
                    without cause or by Employee for cause pursuant to
                    sub-paragraph 9(c), without the written approval of ATM
                    or its duly constituted officers, use for his benefit or
                    the benefit of third parties reveal, divulge, or make
                    known to any person, firm or corporation, the Confidential
                    Information or any portions thereof.

               (b)  Employee agrees to return to ATM and WWWX upon request or
                    immediately upon the termination of his employment by ATM,
                    any and all written information, materials, equipment and
                    software which constitutes, contains or relates in any way
                    to the Confidential Information or trade secrets of ATM or
                    WWWX including, but not limited to, any copies of such
                    information.

               (c)  Unless Employee's employment hereunder is terminated by ATM
                    without cause or by Employee for cause, or in the event of a
                    material breach by any of the WWWX Parties under the Merger
                    Agreement, Employee will not for a period equal to the later
                    of the length of employment under this Agreement or

<PAGE>

                    five (5) years after Closing (as defined in the Merger
                    Agreement) (the time period in this Section 6(c) being the
                    "Non-Compete Term") compete in any way with ATM or WWWX,
                    directly or indirectly, whether as an employee, officer,
                    director, agent, security holder, creditor, consultant or
                    otherwise. During the Non-Compete Term, Employee will not
                    consult with or have an interest in any business, firm,
                    person, partnership, corporation or other entity which
                    engages in the same or substantially similar business to
                    that of WWWX or ATM worldwide , it being acknowledged that
                    the business of WWWX and ATM is global in nature. A business
                    shall be deemed similar or competitive to WWWX or ATM if it
                    conducts one or more business activities substantially
                    similar to that conducted by WWWX or ATM. During the
                    Non-Compete Term, Employee will not provide services or
                    products to any individual or entity which competes with ATM
                    or WWWX.

               (d)  Nothwithstanding if Employee is terminated without cause and
                    receives a mutually agreed upon severance package, Employee
                    shall be bound to all covenants contained herein for the
                    time periods contained above.

         7. RIGHT TO ENGAGE IN EMPLOYEE'S PROFESSION. Paragraph 6 is not
intended to restrict Employee in the exercise of his training and skills,
provided that the exercise of such training and skills does not involve
competing with ATM or WWWX in violation of the provisions of this Agreement.

         8. REMEDIES IN ADDITION TO ANY OTHER REMEDIES PROVIDED BY LAW. Employee
agrees that the breach of any of the covenants contained in paragraph 6 may
result in irreparable damage to ATM and WWWX and, in addition to any other
remedies provided in this Agreement or at law, ATM and WWWX shall have the right
to petition a court of competent jurisdiction to enjoin Employee from violating
such covenants.

         9. EARLIER TERMINATION

               (a)  Notwithstanding the termination provision of paragraph 2,
                    this Agreement may be terminated at any time by ATM upon the
                    occurrence of any of the following:

                           (i) Employee's inability to perform substantially all
                           of the duties assigned, through death or total
                           disability in excess of sixty (60) consecutive days
                           or total disability in excess of ninety (90) days in
                           any twelve (12) month period.

                           (ii) Any act of dishonesty or disloyalty by Employee
                           involving or materially affecting ATM.

                           (iii)Employee's Material Breach of the
                           confidentiality provisions of this Agreement.

<PAGE>

                           (iv) Any other material breach of this Agreement by
                           Employee.

                           (v) The termination of the business of ATM, the sale
                           of substantially all of the assets of ATM or a merger
                           or consolidation in which ATM is not the surviving
                           entity.

               (b)  ATM may further terminate this Agreement in the event of the
                    failure of Employee to substantially perform the duties
                    assigned to him by ATM providing ATM shall provide thirty
                    (30) days written notice to Employee of his failure to
                    perform his duties with an opportunity to cure within said
                    thirty (30) day period.

               (c)  Employee may terminate this Agreement in the event of ATM's
                    material breach of this Agreement or in the event of a
                    material breach of the Merger Agreement by any of the WWWX
                    parties, providing Employee shall provide thirty (30) days
                    written notice to ATM of its breach with an opportunity to
                    cure within said thirty (30) day period.

               (d)  In the event that Employee terminates this Agreement for any
                    reason other than (1) a material breach by ATM hereunder or
                    by any of the WWWX Parties under the Merger Agreement or (2)
                    for reasons contained in sub-paragraph 9(a)(i) above, prior
                    to the expiration of the first five (5) years of the term,
                    then for each such month or portion thereof prior to the
                    expiration of such five-year period, Employee shall pay to
                    ATM the sum of Eighteen Thousand Seven Hundred Fifty
                    ($18,750.00) Dollars at the date of Termination. As an
                    example, if this Agreement terminates after thirty-six (36)
                    months, Employee shall pay to ATM Four Hundred Fifty
                    Thousand ($450,000.00) Dollars. This sum was determined by
                    way of calculation of ATM's actual damages, in that Employee
                    received certain benefits upon the merger of Intrac into
                    WWWX and those benefits were dependent upon at least five
                    (5) years of service of Employee at ATM.

     10. REPRESENTATIONS OF EMPLOYEES

               (a)  Employee represents that to the best of his knowledge he is
                    not the subject of any pending or threatened claim which
                    involves any criminal or governmental proceedings, or
                    allegations of misfeasance, and that he has not been charged
                    nor threatened to be charged by any governmental or
                    administrative body with violation of law except for minor
                    traffic violations and similar charges.

               (b)  Employee represents and warrants that he is not prohibited
                    from acting in any capacity for ATM by virtue of the
                    operation of any non-competition or similar agreement with
                    any prior employer, or by any applicable statutes,
                    regulations or ordinances or any other applicable law or by
                    the rules and regulations of the

<PAGE>

                    US Securities and Exchange Commission or any national
                    securities exchange, and that his acting in the capacity for
                    ATM that is contemplated by the parties hereto and by virtue
                    of his position with ATM described in Section 1 hereof will
                    not subject ATM to claims or materially impair the license
                    status of ATM or its affiliates or any entity operated by
                    ATM or its affiliates.

         11. DEFENSE OF CLAIMS. Employee agrees that during the Term, and at all
reasonable times thereafter, he will cooperate with ATM in the defense of any
claim that may be made against ATM or any affiliates, to the extent that such
claims may relate to services performed by Employee for ATM or its affiliates.
In connection with such claim, ATM will reimburse Employee for all of his
reasonable out-of-pocket expenses associated and, to the extent reasonably
practicable, to provide Employee with notice at least ten (10) days prior to the
date on which any travel is required, and (ii) if Employee is no longer employed
by ATM, to compensate Employee at a reasonable rate for his time.

         12. NOTIFICATION OF AGREEMENT. Employee shall notify any future or
prospective employers, partners or persons with a similar business relationship
to Employee ("Future Employers") about the terms of this Agreement for any
period for which the covenants contained above pertains. Employee does hereby
authorize ATM to notify any Future Employers about the terms of this Agreement
upon discovery by ATM that Employee is being considered for employment,
partnership or similar business relationship (or has entered into such a
relationship) with a Future Employer in order to ensure Employee's observance
and compliance herewith.

         13. INJUNCTION AND OTHER RELIEF. Both parties hereto recognize that the
services to be rendered under this Agreement by Employee are special, unique and
of extraordinary character, and that in the event of the breach by Employee of
any of the terms and conditions of this Agreement to be performed by him, or in
the event Employee performs services for any person, firm or corporation in
violation of Sections 6-8, or if Employee shall breach the provisions of this
Agreement with respect to Confidential Information, then ATM shall be entitled,
if it so elects, in addition to all other remedies available to it under this
Agreement or at law or in equity, to affirmative injunctive or other equitable
relief.

         14. STIPULATION. Employee hereby specifically acknowledges, agrees,
stipulates and represents to ATM that:

               (a)  Employee has received adequate and sufficient consideration
                    for entering into this Agreement including the
                    above-referenced compensation;

               (b)  the execution and delivery of this Agreement and the
                    performance hereunder do not and shall not constitute a
                    violation of any covenants of non-competition, trade
                    secrecy, or confidentiality to which Employee is a party;

               (c)  the covenants of Employee contained in this Agreement are in
                    consideration of the promise of ATM to provide Confidential
                    Information

<PAGE>

                    (including trade secrets) to Employee and are necessary to
                    protect ATM interests in such Confidential Information, as
                    well as ATM's business good will and other business
                    interests;

               (d)  ATM may suffer great loss and irreparable harm if Employee
                    competes directly or indirectly with ATM;

               (e)  the temporal, geographic and other restrictions contained in
                    this Agreement are in all respects reasonable and necessary
                    to protect the business good will, Confidential Information,
                    trade secrets, prospects and other business interest of ATM;
                    and

               (f)  the enforcement of this Agreement will not work an undue or
                    unfair hardship on Employee or otherwise be oppressive to
                    him.

         15. SEVERABILITY. In the event that any of the provisions of this
Agreement shall be held invalid or unenforceable by any court of competent
jurisdiction, such invalidity or unenforceability shall not affect the remainder
of this Agreement and same shall be construed as if such invalid or
unenforceable provisions had never been a part hereof. If a court of competent
jurisdiction determines that the length of time, geographical restrictions or
any other restriction, or portion thereof, set forth in this Agreement is overly
restrictive and unenforceable, the parties agree that the court shall reduce or
modify such restrictions to those which it deems reasonable and enforceable
under the circumstances, and as so reduced or modified, the parties hereto agree
that the restrictions of this Agreement shall remain in full force and effect.

         16. ENTIRE AGREEMENT. This document constitutes the entire agreement
between ATM and Employee regarding the subject matter hereof and there are no
oral agreements or undertakings affecting this instrument; any future
modifications, in order to be binding upon the parties, must be reduced to
writing and executed by both parties to this Agreement.

         17. NO WAIVER. Either party's failure to strictly enforce any provision
of this Agreement shall not be construed as a waiver or as excusing either party
from future performance.

         18. SUCCESSORS AND ASSIGNS. This Agreement shall inure to the benefit
of the heirs, executors, administrators, successors and assigns of the
respective parties, but in no event may Employee assign to any other party
Employee's duties or obligations under this Agreement.

         19. NEW YORK JURISDICTION AND LAW. THIS AGREEMENT HAS BEEN MADE AND
EXECUTED IN THE STATE OF NEW YORK AND THE PARTIES CONSENT TO THE JURISDICTION OF
THE NEW YORK COURTS AND THE APPLICATION OF DELAWARE LAW TO ANY CONTROVERSY
HEREUNDER. THE PARTIES AGREE TO WAIVE A JURY TRIAL IN ANY PROCEEDING BROUGHT TO
ENFORCE ANY OF THE TERMS OF THIS AGREEMENT.

<PAGE>

         20. HEADINGS. Paragraph headings herein shall have absolutely no legal
significance and are used solely for convenience of reference.

         21. ACKNOWLEDGMENT. Employee acknowledges that notwithstanding the date
of Employee's execution and delivery of this Agreement, Employee was made aware
of and consented to the covenants, conditions and agreements of this Agreement
that he is receiving additional consideration for the same, including, but not
limited to, the employment arrangement contained in this Agreement.

         22. NOTICES. All notices which either party is required or may desire
to give to the other under or in conjunction with is Agreement shall be in
writing and shall be given by addressing the same to such other party at the
address set forth below, and by depositing the same so addressed, certified
mail, postage prepaid, return receipt requested, or by overnight mail or by
reputable courier service, or by delivering the same personally to such other
party.

                           If to Employer:
                           ATM Services, Ltd.
                           12 Springdale Road, Building 11
                           Cherry Hill, NJ  08003
                           Attn:  Chairman

                           with a copy to:  Allan M. Cohen, Esq.

                           If to Employee:

                           Thomas Settineri
                           1 Claridge Drive, PH 14
                           Verona, NJ  07044

                           with a copy to:

                           Astor, Weiss, Kaplan & Rosenblum, LLP
                           The Bellevue, Sixth Floor
                           Broad Street at Walnut
                           Philadelphia, PA  19102
                           Facsimile No.: 215-790-0509
                           Attn:  G. David Rosenblum, Esq.

         Any notice mailed should be deemed to have been given three (3) United
States Post Office delivery days following the date of mailing. Overnight mail
or courier services shall be deemed to have been given on the next business day
following the date of mailing. Any notice delivered in person shall be deemed
effective upon delivery. Either party may change the address for the service of
notice upon it by written notice given to the other in the manner herein
provided for the giving of notice.

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have set their hands.

                                            ATM SERVICE, LTD.

                                            By: //S// Michael Norton
                                                --------------------
                                            Name:  Michael Norton
                                            Title:  Authorized representative

                                            //S// Tom Settineri
                                            -------------------
                                            THOMAS SETTINERI

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