Document:

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EXHIBIT 10.10

 Security Agreement dated as of May 2004 between Silicon Film Technologies, Inc.
                        and Cornell Capital Partners, LP

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                               SECURITY AGREEMENT
                               ------------------

         THIS SECURITY AGREEMENT (the "AGREEMENT"), is entered into and made
effective as of May 14, 2004, by and between SILICON FILM TECHNOLOGIES, INC., an
Illinois corporation (the "COMPANY"), and the BUYER(S) listed on Schedule I
attached to the Securities Purchase Agreement dated the date hereof (the
"SECURED PARTY").

         WHEREAS, the Company is a majority owned subsidiary of Voyager One,
Inc. (the "PARENT");

         WHEREAS, the Parent shall issue and sell to the Secured Party, as
provided in the Securities Purchase Agreement of even date herewith, and the
Secured Party shall purchase up to One Million One Hundred Thousand Dollars
($1,100,000) of five percent (5%) secured convertible debentures (the
"CONVERTIBLE DEBENTURES"), which shall be convertible into shares of the
Parent's common stock, par value $0.001 (the "COMMON STOCK") (as converted, the
"CONVERSION SHARES") in the respective amounts set forth opposite each Buyer(s)
name on Schedule I attached to the Securities Purchase Agreement;

         WHEREAS, to induce the Secured Party to enter into the transaction
contemplated by the Securities Purchase Agreement, the Secured Convertible
Debenture, the Investor Registration Rights Agreement, the Irrevocable Transfer
Agent Instructions, and the Escrow Agreement (collectively referred to as the
"TRANSACTION DOCUMENTS"), the Company hereby grants to the Secured Party a
security interest in and to the pledged property identified on EXHIBIT "A"
hereto (collectively referred to as the "PLEDGED PROPERTY") until the
satisfaction of the Obligations, as defined herein below.

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, and for other good and valuable consideration, the
adequacy and receipt of which are hereby acknowledged, the parties hereto hereby
agree as follows:

                                   ARTICLE 1.

                         DEFINITIONS AND INTERPRETATIONS
                         -------------------------------

         Section 1.1.      RECITALS.
                           ---------

         The above recitals are true and correct and are incorporated herein, in
their entirety, by this reference.

         Section 1.2.      INTERPRETATIONS.
                           ----------------

         Nothing herein expressed or implied is intended or shall be construed
to confer upon any person other than the Secured Party any right, remedy or
claim under or by reason hereof.

         Section 1.3.      OBLIGATIONS SECURED.
                           --------------------

         The obligations secured hereby are any and all obligations of the
Company or the Parent now existing or hereinafter incurred to the Secured Party,
whether oral or written and whether arising before, on or after the date hereof
including, without limitation, those obligations of the Parent to the Secured
Party under the Securities Purchase Agreement, the Secured Convertible
Debenture, the Investor Registration Rights Agreement and Irrevocable Transfer
Agent Instructions, and any other amounts now or hereafter owed to the Secured
Party by the Parent thereunder or hereunder (collectively, the "OBLIGATIONS").

                                       2
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                                   ARTICLE 2.

                PLEDGED COLLATERAL, ADMINISTRATION OF COLLATERAL
                ------------------------------------------------
                      AND TERMINATION OF SECURITY INTEREST
                      ------------------------------------

         Section 2.1.      PLEDGED PROPERTY.
                           -----------------

                  (a) The Company hereby pledges to the Secured Party, and
creates in the Secured Party for its benefit, a security interest for such time
until the Obligations are paid in full, in and to all of the property of the
Company as set forth in EXHIBIT "A" attached hereto (collectively, the "PLEDGED
PROPERTY"):

         The Pledged Property, as set forth in EXHIBIT "A" attached hereto, and
the products thereof and the proceeds of all such items are hereinafter
collectively referred to as the "PLEDGED COLLATERAL."

                  (b) Simultaneously with the execution and delivery of this
Agreement, the Company shall make, execute, acknowledge, file, record and
deliver to the Secured Party any documents reasonably requested by the Secured
Party to perfect its security interest in the Pledged Property. Simultaneously
with the execution and delivery of this Agreement, the Company shall make,
execute, acknowledge and deliver to the Secured Party such documents and
instruments, including, without limitation, financing statements, certificates,
affidavits and forms as may, in the Secured Party's reasonable judgment, be
necessary to effectuate, complete or perfect, or to continue and preserve, the
security interest of the Secured Party in the Pledged Property, and the Secured
Party shall hold such documents and instruments as secured party, subject to the
terms and conditions contained herein.

         Section 2.2.      RIGHTS; INTERESTS; ETC.
                           -----------------------

                  (a) So long as no Event of Default (as hereinafter defined)
shall have occurred and be continuing:

                           (i) the Company shall be entitled to exercise any and
all rights pertaining to the Pledged Property or any part thereof for
any purpose not inconsistent with the terms hereof; and

                           (ii) the Company shall be entitled to receive and
retain any and all payments paid or made in respect of the Pledged Property.

                  (b) Upon the occurrence and during the continuance of an Event
of Default:

                           (i) All rights of the Company to exercise the rights
which it would otherwise be entitled to exercise pursuant to
Section 2.2(a)(i) hereof and to receive payments which it would otherwise be
authorized to receive and retain pursuant to Section 2.2(a)(ii) hereof shall be
suspended, and all such rights shall thereupon become vested in the Secured
Party who shall thereupon have the sole right to exercise such rights and to
receive and hold as Pledged Collateral such payments; PROVIDED, HOWEVER, that if
the Secured Party shall become entitled and shall elect to exercise its right to
realize on the Pledged Collateral pursuant to Article 5 hereof, then all cash
sums received by the Secured Party, or held by Company for the benefit of the
Secured Party and paid over pursuant to Section 2.2(b)(ii) hereof, shall be
applied against any outstanding Obligations; and

                           (ii) All interest, dividends, income and other
payments and distributions which are received by the Company contrary to the
provisions of Section 2.2(b)(i) hereof shall be received in trust for the
benefit of the Secured Party, shall be segregated from other property of the
Company and shall be forthwith paid over to the Secured Party; or

                           (iii) The Secured Party in its sole discretion shall
be authorized to sell any or all of the Pledged Property at public or
private sale in order to recoup all of the outstanding principal plus accrued
interest owed pursuant to the Convertible Debenture as described herein

                  (c) Each of the following events shall constitute a default
under this Agreement (each an "EVENT OF DEFAULT"):

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                           (i) any default, whether in whole or in part, shall
occur in the payment to the Secured Party of principal, interest or other
item comprising the Obligations as and when due or with respect to any other
debt or obligation of the Company or the Parent to a party other than the
Secured Party;

                           (ii) any default, whether in whole or in part, shall
occur in the due observance or performance of any obligations or other
covenants, terms or provisions to be performed under this Agreement or the
Transaction Documents;

                           (iii) the Company or the Parent shall: (1) make a
general assignment for the benefit of its creditors; (2) apply for or consent to
the appointment of a receiver, trustee, assignee, custodian, sequestrator,
liquidator or similar official for itself or any of its assets and properties;
(3) commence a voluntary case for relief as a debtor under the United States
Bankruptcy Code; (4) file with or otherwise submit to any governmental authority
any petition, answer or other document seeking: (A) reorganization, (B) an
arrangement with creditors or (C) to take advantage of any other present or
future applicable law respecting bankruptcy, reorganization, insolvency,
readjustment of debts, relief of debtors, dissolution or liquidation; (5) file
or otherwise submit any answer or other document admitting or failing to contest
the material allegations of a petition or other document filed or otherwise
submitted against it in any proceeding under any such applicable law, or (6) be
adjudicated a bankrupt or insolvent by a court of competent jurisdiction; or

                           (iv) any case, proceeding or other action shall be
commenced against the Company or the Parent for the purpose of effecting,
or an order, judgment or decree shall be entered by any court of competent
jurisdiction approving (in whole or in part) anything specified in Section
2.2(c)(iii) hereof, or any receiver, trustee, assignee, custodian, sequestrator,
liquidator or other official shall be appointed with respect to the Company or
the Parent, or shall be appointed to take or shall otherwise acquire possession
or control of all or a substantial part of the assets and properties of the
Company or the Parent, and any of the foregoing shall continue unstayed and in
effect for any period of thirty (30) days.

                                   ARTICLE 3.

                          ATTORNEY-IN-FACT; PERFORMANCE
                          -----------------------------

         Section 3.1.      SECURED PARTY APPOINTED ATTORNEY-IN-FACT.
                           -----------------------------------------

         Upon the occurrence of an Event of Default, the Company hereby appoints
the Secured Party as its attorney-in-fact, with full authority in the place and
stead of the Company and in the name of the Company or otherwise, from time to
time in the Secured Party's discretion to take any action and to execute any
instrument which the Secured Party may reasonably deem necessary to accomplish
the purposes of this Agreement, including, without limitation, to receive and
collect all instruments made payable to the Company representing any payments in
respect of the Pledged Collateral or any part thereof and to give full discharge
for the same. The Secured Party may demand, collect, receipt for, settle,
compromise, adjust, sue for, foreclose, or realize on the Pledged Property as
and when the Secured Party may determine. To facilitate collection, the Secured
Party may notify account debtors and obligors on any Pledged Property or Pledged
Collateral to make payments directly to the Secured Party.

         Section 3.2.      SECURED PARTY MAY PERFORM.
                           --------------------------

         If the Company fails to perform any agreement contained herein, the
Secured Party, at its option, may itself perform, or cause performance of, such
agreement, and the expenses of the Secured Party incurred in connection
therewith shall be included in the Obligations secured hereby and payable by the
Company under Section 8.3.

                                       4
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                                   ARTICLE 4.

                         REPRESENTATIONS AND WARRANTIES
                         ------------------------------

         Section 4.1.      AUTHORIZATION; ENFORCEABILITY.
                           ------------------------------

         Each of the parties hereto represents and warrants that it has taken
all action necessary to authorize the execution, delivery and performance of
this Agreement and the transactions contemplated hereby; and upon execution and
delivery, this Agreement shall constitute a valid and binding obligation of the
respective party, subject to applicable bankruptcy, insolvency, reorganization,
moratorium and similar laws affecting creditors' rights or by the principles
governing the availability of equitable remedies.

         Section 4.2.      OWNERSHIP OF PLEDGED PROPERTY.
                           ------------------------------

         The Company warrants and represents that it is the legal and beneficial
owner of the Pledged Property free and clear of any lien, security interest,
option or other charge or encumbrance except for the security interest created
by this Agreement.

                                   ARTICLE 5.

                    DEFAULT; REMEDIES; SUBSTITUTE COLLATERAL
                    ----------------------------------------

         Section 5.1.      DEFAULT AND REMEDIES.
                           ---------------------

                  (a) If an Event of Default described in Section 2.2(c)(i) and
(ii) occurs, then in each such case the Secured Party may declare the
Obligations to be due and payable immediately, by a notice in writing to the
Company, and upon any such declaration, the Obligations shall become immediately
due and payable. If an Event of Default described in Sections 2.2(c)(iii) or
(iv) occurs and is continuing for the period set forth therein, then the
Obligations shall automatically become immediately due and payable without
declaration or other act on the part of the Secured Party.

                  (b) Upon the occurrence of an Event of Default, the Secured
Party shall,: (i) be entitled to receive all distributions with respect to the
Pledged Collateral, (ii) to cause the Pledged Property to be transferred into
the name of the Secured Party or its nominee, (iii) to dispose of the Pledged
Property, and (iv) to realize upon any and all rights in the Pledged Property
then held by the Secured Party.

         Section 5.2.      METHOD OF REALIZING UPON THE PLEDGED PROPERTY :
                           -----------------------------------------------
                           OTHER REMEDIES.
                           ---------------

         Upon the occurrence of an Event of Default, in addition to any rights
and remedies available at law or in equity, the following provisions shall
govern the Secured Party's right to realize upon the Pledged Property:

                  (a) Any item of the Pledged Property may be sold for cash or
other value in any number of lots at brokers board, public auction or private
sale and may be sold without demand, advertisement or notice (except that the
Secured Party shall give the Company ten (10) days' prior written notice of the
time and place or of the time after which a private sale may be made (the "SALE
NOTICE")), which notice period shall in any event is hereby agreed to be
commercially reasonable. At any sale or sales of the Pledged Property, the
Company may bid for and purchase the whole or any part of the Pledged Property
and, upon compliance with the terms of such sale, may hold, exploit and dispose
of the same without further accountability to the Secured Party. The Company
will execute and deliver, or cause to be executed and delivered, such
instruments, documents, assignments, waivers, certificates, and affidavits and
supply or cause to be supplied such further information and take such further
action as the Secured Party reasonably shall require in connection with any such
sale.

                  (b) Any cash being held by the Secured Party as Pledged
Collateral and all cash proceeds received by the Secured Party in respect of,
sale of, collection from, or other realization upon all or any part of the
Pledged Collateral shall be applied as follows:

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                           (i) to the payment of all amounts due the Secured
Party for the expenses reimbursable to it hereunder or owed to it pursuant
to Section 8.3 hereof;

                           (ii) to the payment of the Obligations then due and
unpaid.

                           (iii) the balance, if any, to the person or persons
entitled thereto, including, without limitation, the Company.

                  (c) In addition to all of the rights and remedies which the
Secured Party may have pursuant to this Agreement, the Secured Party shall have
all of the rights and remedies provided by law, including, without limitation,
those under the Uniform Commercial Code.

                           (i) If the Company fails to pay such amounts due upon
the occurrence of an Event of Default which is continuing, then the
Secured Party may institute a judicial proceeding for the collection of the sums
so due and unpaid, may prosecute such proceeding to judgment or final decree and
may enforce the same against the Company and collect the monies adjudged or
decreed to be payable in the manner provided by law out of the property of
Company, wherever situated. The Secured Party may proceed against the Company
without proceeding first against any other party, including, without limitation,
the Parent.

                           (ii) The Company agrees that it shall be liable for
any reasonable fees, expenses and costs incurred by the Secured Party in
connection with enforcement, collection and preservation of the Transaction
Documents, including, without limitation, reasonable legal fees and expenses,
and such amounts shall be deemed included as Obligations secured hereby and
payable as set forth in Section 8.3 hereof.

         Section 5.3.      PROOFS OF CLAIM.
                           ----------------

                  In case of the pendency of any receivership, insolvency,
liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or
other judicial proceeding relating to the Company or the property of the Company
or of such other obligor or its creditors, the Secured Party (irrespective of
whether the Obligations shall then be due and payable as therein expressed or by
declaration or otherwise and irrespective of whether the Secured Party shall
have made any demand on the Company for the payment of the Obligations), subject
to the rights of Previous Security Holders, shall be entitled and empowered, by
intervention in such proceeding or otherwise:

                           (i) to file and prove a claim for the whole amount of
the Obligations and to file such other papers or documents as may be necessary
or advisable in order to have the claims of the Secured Party (including any
claim for the reasonable legal fees and expenses and other expenses paid or
incurred by the Secured Party permitted hereunder and of the Secured Party
allowed in such judicial proceeding), and (ii) to collect and receive any monies
or other property payable or deliverable on any such claims and to distribute
the same; and any custodian, receiver, assignee, trustee, liquidator,
sequestrator or other similar official in any such judicial proceeding is hereby
authorized by the Secured Party to make such payments to the Secured Party and,
in the event that the Secured Party shall consent to the making of such payments
directed to the Secured Party, to pay to the Secured Party any amounts for
expenses due it hereunder.

         Section 5.4.      DUTIES REGARDING PLEDGED COLLATERAL.
                           ------------------------------------

         The Secured Party shall have no duty as to the collection or protection
of the Pledged Property or any income thereon or as to the preservation of any
rights pertaining thereto, beyond the safe custody and reasonable care of any of
the Pledged Property actually in the Secured Party's possession.

                                   ARTICLE 6.

                              AFFIRMATIVE COVENANTS
                              ---------------------

         The Company covenants and agrees that, from the date hereof and until
the Obligations have been fully paid and satisfied, unless the Secured Party
shall consent otherwise in writing (as provided in Section 8.4 hereof):

                                       6
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         Section 6.1.      EXISTENCE, PROPERTIES, ETC.
                           ---------------------------

                  (a) The Company shall do, or cause to be done, all things, or
proceed with due diligence with any actions or courses of action, that may be
reasonably necessary (i) to maintain Company's due organization, valid existence
and good standing under the laws of its state of incorporation, and (ii) to
preserve and keep in full force and effect all qualifications, licenses and
registrations in those jurisdictions in which the failure to do so could have a
Material Adverse Effect (as defined below); and (b) the Company shall not do, or
cause to be done, any act impairing the Company's corporate power or authority
(i) to carry on the Company's business as now conducted, and (ii) to execute or
deliver this Agreement or any other document delivered in connection herewith,
including, without limitation, any UCC-1 Financing Statements required by the
Secured Party to which it is or will be a party, or perform any of its
obligations hereunder or thereunder. For purpose of this Agreement, the term
"MATERIAL ADVERSE EFFECT" shall mean any material and adverse affect as
determined by Secured Party in its sole discretion, whether individually or in
the aggregate, upon (a) the Company's assets, business, operations, properties
or condition, financial or otherwise; (b) the Company's to make payment as and
when due of all or any part of the Obligations; or (c) the Pledged Property.

         Section 6.2.      FINANCIAL STATEMENTS AND REPORTS.
                           ---------------------------------

         The Company shall furnish to the Secured Party such financial data as
the Secured Party may reasonably request. Without limiting the foregoing, the
Company shall furnish to the Secured Party (or cause to be furnished to the
Secured Party) the following:

                  (a) as soon as practicable and in any event within ninety (90)
days after the end of each fiscal year of the Company, the balance sheet of the
Company as of the close of such fiscal year, the statement of earnings and
retained earnings of the Company as of the close of such fiscal year, and
statement of cash flows for the Company for such fiscal year, all in reasonable
detail, prepared in accordance with generally accepted accounting principles
consistently applied, certified by the chief executive and chief financial
officers of the Company as being true and correct and accompanied by a
certificate of the chief executive and chief financial officers of the Company,
stating that the Company has kept, observed, performed and fulfilled each
covenant, term and condition of this Agreement during such fiscal year and that
no Event of Default hereunder has occurred and is continuing, or if an Event of
Default has occurred and is continuing, specifying the nature of same, the
period of existence of same and the action the Company proposes to take in
connection therewith;

                  (b) within forty-five (45) days of the end of each calendar
month, a balance sheet of the Company as of the close of such month, and
statement of earnings and retained earnings of the Company as of the close of
such month, all in reasonable detail, and prepared substantially in accordance
with generally accepted accounting principles consistently applied, certified by
the chief executive and chief financial officers of the Company as being true
and correct; and

                  (c) promptly upon receipt thereof, copies of all accountants'
reports and accompanying financial reports submitted to the Company by
independent accountants in connection with each annual examination of the
Company.

         Section 6.3.      ACCOUNTS AND REPORTS.
                           ---------------------

         The Company shall maintain a standard system of accounting in
accordance with generally accepted accounting principles consistently applied
and provide, at its sole expense, to the Secured Party the following:

                  (a) as soon as available, a copy of any notice or other
communication alleging any nonpayment or other material breach or default, or
any foreclosure or other action respecting any material portion of its assets
and properties, received respecting any of the indebtedness of the Company in
excess of $15,000 (other than the Obligations), or any demand or other request
for payment under any guaranty, assumption, purchase agreement or similar
agreement or arrangement respecting the indebtedness or obligations of others in
excess of $15,000, including any received from any person acting on behalf of
the Secured Party or beneficiary thereof; and

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                  (b) within fifteen (15) days after the making of each
submission or filing, a copy of any report, financial statement, notice or other
document, whether periodic or otherwise, submitted to the shareholders of the
Company, or submitted to or filed by the Company with any governmental authority
involving or affecting (i) the Company that could have a Material Adverse
Effect; (ii) the Obligations; (iii) any part of the Pledged Collateral; or (iv)
any of the transactions contemplated in this Agreement or the Loan Instruments.

         Section 6.4.      MAINTENANCE OF BOOKS AND RECORDS; INSPECTION.
                           --------------------------------------------
         The Company shall maintain its books, accounts and records in
accordance with generally accepted accounting principles consistently applied,
and permit the Secured Party, its officers and employees and any professionals
designated by the Secured Party in writing, at any time to visit and inspect any
of its properties (including but not limited to the collateral security
described in the Transaction Documents and/or the Loan Instruments), corporate
books and financial records, and to discuss its accounts, affairs and finances
with any employee, officer or director thereof.

         Section 6.5.      MAINTENANCE AND INSURANCE.
                           --------------------------

                  (a) The Company shall maintain or cause to be maintained, at
its own expense, all of its assets and properties in good working order and
condition, making all necessary repairs thereto and renewals and replacements
thereof.

                  (b) The Company shall maintain or cause to be maintained, at
its own expense, insurance in form, substance and amounts (including
deductibles), which the Company deems reasonably necessary to the Company's
business, (i) adequate to insure all assets and properties of the Company, which
assets and properties are of a character usually insured by persons engaged in
the same or similar business against loss or damage resulting from fire or other
risks included in an extended coverage policy; (ii) against public liability and
other tort claims that may be incurred by the Company; (iii) as may be required
by the Transaction Documents and/or applicable law and (iv) as may be reasonably
requested by Secured Party, all with adequate, financially sound and reputable
insurers.

         Section 6.6.      CONTRACTS AND OTHER COLLATERAL.
                           -------------------------------

         The Company shall perform all of its obligations under or with respect
to each instrument, receivable, contract and other intangible included in the
Pledged Property to which the Company is now or hereafter will be party on a
timely basis and in the manner therein required, including, without limitation,
this Agreement.

         Section 6.7.      DEFENSE OF COLLATERAL, ETC.
                           ---------------------------

         The Company shall defend and enforce its right, title and interest in
and to any part of: (a) the Pledged Property; and (b) if not included within the
Pledged Property , those assets and properties whose loss could have a Material
Adverse Effect, the Company shall defend the Secured Party's right, title and
interest in and to each and every part of the Pledged Property, each against all
manner of claims and demands on a timely basis to the full extent permitted by
applicable law.

         Section 6.8.      PAYMENT OF DEBTS, TAXES, ETC.
                           -----------------------------

         The Company shall pay, or cause to be paid, all of its indebtedness and
other liabilities and perform, or cause to be performed, all of its obligations
in accordance with the respective terms thereof, and pay and discharge, or cause
to be paid or discharged, all taxes, assessments and other governmental charges
and levies imposed upon it, upon any of its assets and properties on or before
the last day on which the same may be paid without penalty, as well as pay all
other lawful claims (whether for services, labor, materials, supplies or
otherwise) as and when due

         Section 6.9.      TAXES AND ASSESSMENTS; TAX INDEMNITY.
                           -------------------------------------

         The Company shall (a) file all tax returns and appropriate schedules
thereto that are required to be filed under applicable law, prior to the date of
delinquency, (b) pay and discharge all taxes, assessments and governmental
charges or levies imposed upon the Company, upon its income and profits or upon
any properties belonging to it, prior to the date on which penalties attach
thereto, and (c) pay all taxes, assessments and governmental charges or levies

                                       8
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that, if unpaid, might become a lien or charge upon any of its properties;
PROVIDED, HOWEVER, that the Company in good faith may contest any such tax,
assessment, governmental charge or levy described in the foregoing clauses (b)
and (c) so long as appropriate reserves are maintained with respect thereto.

         Section 6.10.     COMPLIANCE WITH LAW AND OTHER AGREEMENTS.
                           ----------------------------------------

         The Company shall maintain its business operations and property owned
or used in connection therewith in compliance with (a) all applicable federal,
state and local laws, regulations and ordinances governing such business
operations and the use and ownership of such property, and (b) all agreements,
licenses, franchises, indentures and mortgages to which the Company is a party
or by which the Company or any of its properties is bound. Without limiting the
foregoing, the Company shall pay all of its indebtedness promptly in accordance
with the terms thereof.

         Section 6.11.     NOTICE OF DEFAULT.
                           -----------------

         The Company shall give written notice to the Secured Party of the
occurrence of any default or Event of Default under this Agreement, the
Transaction Documents or any other Loan Instrument or any other agreement of
Company for the payment of money, promptly upon the occurrence thereof.

         Section 6.12.     NOTICE OF LITIGATION.
                           --------------------

         The Company shall give notice, in writing, to the Secured Party of (a)
any actions, suits or proceedings wherein the amount at issue is in excess of
$50,000, instituted by any persons against the Company, or affecting any of the
assets of the Company, and (b) any dispute, not resolved within fifteen (15)
days of the commencement thereof, between the Company on the one hand and any
governmental or regulatory body on the other hand, which might reasonably be
expected to have a Material Adverse Effect on the business operations or
financial condition of the Company.

                                   ARTICLE 7.

                               NEGATIVE COVENANTS
                               ------------------

         The Company covenants and agrees that, from the date hereof until the
Obligations have been fully paid and satisfied, the Company shall not, unless
the Secured Party shall consent otherwise in writing:

         Section 7.1.      INDEBTEDNESS.
                           -------------

         The Company shall not directly or indirectly permit, create, incur,
assume, permit to exist, increase, renew or extend on or after the date hereof
any indebtedness on its part, including commitments, contingencies and credit
availabilities, or apply for or offer or agree to do any of the foregoing.

         Section 7.2.      LIENS AND ENCUMBRANCES.
                           -----------------------

         The Company shall not directly or indirectly make, create, incur,
assume or permit to exist any assignment, transfer, pledge, mortgage, security
interest or other lien or encumbrance of any nature in, to or against any part
of the Pledged Property or of the Company's capital stock, or offer or agree to
do so, or own or acquire or agree to acquire any asset or property of any
character subject to any of the foregoing encumbrances (including any
conditional sale contract or other title retention agreement), or assign, pledge
or in any way transfer or encumber its right to receive any income or other
distribution or proceeds from any part of the Pledged Property or the Company's
capital stock; or enter into any sale-leaseback financing respecting any part of
the Pledged Property as lessee, or cause or assist the inception or continuation
of any of the foregoing.

         Section 7.3.      ARTICLES, BY-LAWS, MERGERS, CONSOLIDATIONS,
                           -------------------------------------------
                           ACQUISITIONS AND SALES.
                           -----------------------

         Without the prior express written consent of the Secured Party, the
Company shall not: (a) be a party to any merger, consolidation or corporate
reorganization, (b) purchase or otherwise acquire all or substantially all of
the assets or stock of, or any partnership or joint venture interest in, any

                                       9
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other person, firm or entity, (c) sell, transfer, convey, grant a security
interest in or lease all or any substantial part of its assets, nor (d) create
any subsidiaries nor convey any of its assets to any subsidiary.

         Section 7.4.      MANAGEMENT, OWNERSHIP.
                           ----------------------

         The Company shall not materially change its executive staff as it
relates to the positions and authority held by John Lichter and Sebastien DuFort
without the prior written consent of the Secured Party. Positions and authority
held by John Lichter and Sebastien DuFort are material factors in the Secured
Party's willingness to institute and maintain a lending relationship with the
Company.

         Section 7.5.      DIVIDENDS, ETC.
                           ---------------
         The Company shall not declare or pay any dividend of any kind, in cash
or in property, on any class of its capital stock, nor purchase, redeem, retire
or otherwise acquire for value any shares of such stock, nor make any
distribution of any kind in respect thereof, nor make any return of capital to
shareholders, nor make any payments in respect of any pension, profit sharing,
retirement, stock option, stock bonus, incentive compensation or similar plan
(except as required or permitted hereunder), without the prior written consent
of the Secured Party.

         Section 7.6.      GUARANTIES; LOANS.
                           ------------------

         The Company shall not guarantee nor be liable in any manner, whether
directly or indirectly, or become contingently liable after the date of this
Agreement in connection with the obligations or indebtedness of any person or
persons, except for (i) the indebtedness currently secured by the liens
identified on the Pledged Property identified on Exhibit A hereto and (ii) the
endorsement of negotiable instruments payable to the Company for deposit or
collection in the ordinary course of business. The Company shall not make any
loan, advance or extension of credit to any person other than in the normal
course of its business.

         Section 7.7.      DEBT.
                           ----

         The Company shall not create, incur, assume or suffer to exist any
additional indebtedness (i) that is secured by any of the Company's assets
(whether real or personal and whether now owned or hereinafter acquired) or (ii)
of any description whatsoever in an aggregate amount in excess of $10,000,000
(excluding with respect to subpart (ii) hereunder any indebtedness of the
Company to the Secured Party, trade accounts payable and accrued expenses
incurred in the ordinary course of business and the endorsement of negotiable
instruments payable to the Company, respectively for deposit or collection in
the ordinary course of business).

         Section 7.8.      CONDUCT OF BUSINESS.
                           --------------------

         The Company will continue to engage, in an efficient and economical
manner, in a business of the same general type as conducted by it on the date of
this Agreement.

         Section 7.9.      PLACES OF BUSINESS.
                           -------------------

         The location of the Company's chief place of business is 859 West End
Court, Suite I, Vernon Hills, Illinois 60061. The Company shall not change the
location of its chief place of business, chief executive office or any place of
business disclosed to the Secured Party or move any of the Pledged Property from
its current location without thirty (30) days' prior written notice to the
Secured Party in each instance.

                                       10
<PAGE>

                                   ARTICLE 8.

                                  MISCELLANEOUS
                                  -------------

         Section 8.1.      NOTICES.
                           --------

         All notices or other communications required or permitted to be given
pursuant to this Agreement shall be in writing and shall be considered as duly
given on: (a) the date of delivery, if delivered in person, by nationally
recognized overnight delivery service or (b) five (5) days after mailing if
mailed from within the continental United States by certified mail, return
receipt requested to the party entitled to receive the same:

         If to the Secured Party:    Cornell Capital Partners, LP
                                     101 Hudson Street, Suite 3700
                                     Jersey City, New Jersey 07302
                                     Attention:   Mark Angelo
                                                  Portfolio Manager
                                     Telephone:   (201) 986-8300
                                     Facsimile:   (201) 985-8266

         With a copy to:             Cornell Capital Partners, LP
                                     101 Hudson Street, Suite 3700
                                     Jersey City, New Jersey 07302
                                     Attention:   Troy J. Rillo, Esquire
                                     Telephone:   (201) 986-8300
                                     Facsimile:   (201) 985-8266

         And if to the Company:      Silicon Film Technologies, Inc.
                                     859 West End Court, Suite I
                                     Vernon Hills, Illinois 60061
                                     Attention:   Sebastien C. DuFort, President
                                     Telephone:   (847) 984-6200
                                     Facsimile:   (847) 984-6201

         With a copy to:             Kirkpatrick & Lockhart LLP
                                     201 South Biscayne Boulevard-Suite 2000
                                     Miami, Florida  33131-2399
                                     Attention:   Clayton E. Parker, Esq.
                                     Telephone:   (305) 539-3300
                                     Facsimile:   (305) 358-7095

         Any party may change its address by giving notice to the other party
stating its new address. Commencing on the tenth (10th) day after the giving of
such notice, such newly designated address shall be such party's address for the
purpose of all notices or other communications required or permitted to be given
pursuant to this Agreement.

         Section 8.2.      SEVERABILITY.
                           -------------

         If any provision of this Agreement shall be held invalid or
unenforceable, such invalidity or unenforceability shall attach only to such
provision and shall not in any manner affect or render invalid or unenforceable
any other severable provision of this Agreement, and this Agreement shall be
carried out as if any such invalid or unenforceable provision were not contained
herein.

         Section 8.3.      EXPENSES.
                           ---------

         In the event of an Event of Default, the Company will pay to the
Secured Party the amount of any and all reasonable expenses, including the
reasonable fees and expenses of its counsel, which the Secured Party may incur
in connection with: (i) the custody or preservation of, or the sale, collection
from, or other realization upon, any of the Pledged Property; (ii) the exercise
or enforcement of any of the rights of the Secured Party hereunder or (iii) the
failure by the Company to perform or observe any of the provisions hereof.

                                       11
<PAGE>

         Section 8.4.      WAIVERS, AMENDMENTS, ETC.
                           -------------------------

         The Secured Party's delay or failure at any time or times hereafter to
require strict performance by Company of any undertakings, agreements or
covenants shall not waiver, affect, or diminish any right of the Secured Party
under this Agreement to demand strict compliance and performance herewith. Any
waiver by the Secured Party of any Event of Default shall not waive or affect
any other Event of Default, whether such Event of Default is prior or subsequent
thereto and whether of the same or a different type. None of the undertakings,
agreements and covenants of the Company contained in this Agreement, and no
Event of Default, shall be deemed to have been waived by the Secured Party, nor
may this Agreement be amended, changed or modified, unless such waiver,
amendment, change or modification is evidenced by an instrument in writing
specifying such waiver, amendment, change or modification and signed by the
Secured Party.

         SECTION 8.5.      CONTINUING SECURITY INTEREST.
                           -----------------------------

         This Agreement shall create a continuing security interest in the
Pledged Property and shall: (i) remain in full force and effect until payment in
full of the Obligations; and (ii) be binding upon the Company and its successors
and heirs and (iii) inure to the benefit of the Secured Party and its successors
and assigns. Upon the payment or satisfaction in full of the Obligations, the
Company shall be entitled to the return, at its expense, of such of the Pledged
Property as shall not have been sold in accordance with Section 5.2 hereof or
otherwise applied pursuant to the terms hereof.

         Section 8.6.      INDEPENDENT REPRESENTATION.
                           ---------------------------

         Each party hereto acknowledges and agrees that it has received or has
had the opportunity to receive independent legal counsel of its own choice and
that it has been sufficiently apprised of its rights and responsibilities with
regard to the substance of this Agreement.

         Section 8.7.      APPLICABLE LAW:  JURISDICTION.
                           ------------------------------

         This Agreement shall be governed by and interpreted in accordance with
the laws of the State of New Jersey without regard to the principles of conflict
of laws. The parties further agree that any action between them shall be heard
in Hudson County, New Jersey, and expressly consent to the jurisdiction and
venue of the Superior Court of New Jersey, sitting in Hudson County and the
United States District Court for the District of New Jersey sitting in Newark,
New Jersey for the adjudication of any civil action asserted pursuant to this
Paragraph.

         Section 8.8.      WAIVER OF JURY TRIAL.
                           ---------------------

         AS A FURTHER INDUCEMENT FOR THE SECURED PARTY TO ENTER INTO THIS
AGREEMENT AND TO MAKE THE FINANCIAL ACCOMMODATIONS TO THE COMPANY, THE COMPANY
HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING RELATED IN ANY
WAY TO THIS AGREEMENT AND/OR ANY AND ALL OTHER DOCUMENTS RELATED TO THIS
TRANSACTION.

         Section 8.9.      ENTIRE AGREEMENT.
                           -----------------

         This Agreement constitutes the entire agreement among the parties and
supersedes any prior agreement or understanding among them with respect to the
subject matter hereof.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       12
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.

                                                COMPANY:
                                                SILICON FILM TECHNOLOGIES, INC.

                                                By:    /S/ Sebastien C. Dufort
                                                       -----------------------
                                                Name:  Sebastien C. DuFort
                                                Title: President

                                                SECURED PARTY:
                                                CORNELL CAPITAL PARTNERS, LP

                                                BY:   YORKVILLE ADVISORS, LLC
                                                ITS:  GENERAL PARTNER

                                                By:    /S/ Mark Angelo
                                                       -----------------------
                                                Name:  Mark Angelo
                                                Title: Portfolio Manager

         Quest Manufacturing, Inc. hereby subordinates in all respects its
interest in any and all of the Pledged Property as set forth in the Asset
Purchase Agreement, attached hereto as Exhibit B, between Quest Manufacturing,
Inc. and Silicon Film Technologies, Inc. dated February 1st, 2003.

                                                QUEST MANUFACTURING, INC.

                                                By:    /S/ John Lichter
                                                       -----------------------
                                                Name:  John Lichter
                                                Title: President & CEO

                                       13
<PAGE>

                                    EXHIBIT A
                         DEFINITION OF PLEDGED PROPERTY
                         ------------------------------

         For the purpose of securing prompt and complete payment and performance
by the Company of all of the Obligations, the Company unconditionally and
irrevocably hereby grants to the Secured Party a continuing security interest in
and to, and lien upon, the following Pledged Property of the Company:

                  (a) all goods of the Company, including, without limitation,
machinery, equipment, furniture, furnishings, fixtures, signs, lights, tools,
parts, supplies and motor vehicles of every kind and description, now or
hereafter owned by the Company or in which the Company may have or may hereafter
acquire any interest, and all replacements, additions, accessions, substitutions
and proceeds thereof, arising from the sale or disposition thereof, and where
applicable, the proceeds of insurance and of any tort claims involving any of
the foregoing;

                  (b) all inventory of the Company, including, but not limited
to, all goods, wares, merchandise, parts, supplies, finished products, other
tangible personal property, including such inventory as is temporarily out of
Company's custody or possession and including any returns upon any accounts or
other proceeds, including insurance proceeds, resulting from the sale or
disposition of any of the foregoing;

                  (c) all contract rights and general intangibles of the
Company, including, without limitation, goodwill, trademarks, trade styles,
trade names, leasehold interests, partnership or joint venture interests,
patents and patent applications (including, without limitation, all patents and
patent applications, worldwide, relating to or connected with digital cameras or
permitting standard 35mm cameras to take digital cameras, copyrights, deposit
accounts whether now owned or hereafter created;

                  (d) all documents, warehouse receipts, instruments and chattel
paper of the Company whether now owned or hereafter created;

                  (e) all accounts and other receivables, instruments or other
forms of obligations and rights to payment of the Company (herein collectively
referred to as "ACCOUNTS"), together with the proceeds thereof, all goods
represented by such Accounts and all such goods that may be returned by the
Company's customers, and all proceeds of any insurance thereon, and all
guarantees, securities and liens which the Company may hold for the payment of
any such Accounts including, without limitation, all rights of stoppage in
transit, replevin and reclamation and as an unpaid vendor and/or lienor, all of
which the Company represents and warrants will be bona fide and existing
obligations of its respective customers, arising out of the sale of goods by the
Company in the ordinary course of business;

                  (f) to the extent assignable, all of the Company's rights
under all present and future authorizations, permits, licenses and franchises
issued or granted in connection with the operations of any of its facilities;

                  (g) all products and proceeds (including, without limitation,
insurance proceeds) from the above-described Pledged Property.

                                      A-1

<PAGE>

                                    EXHIBIT B

                            ASSET PURCHASE AGREEMENT
                            ------------------------

         THIS ASSET PURCHASE AGREEMENT is made and entered at Hinsdale,
Illinois, on February 1, 2003, by and between QUEST MANUFACTURING, INC. an
Illinois corporation ("Seller"), and SILICON FILM TECHNOLOGIES, INCORPORATED, an
Illinois corporation ("Purchaser").

                              W I T N E S S E T H:

         WHEREAS, Seller owns certain proprietary electronic film systems and
other digital imaging products and services (the "Business"); and

         WHEREAS, Seller desires to sell, assign and transfer to Purchaser, and
Purchaser desires to purchase, acquire and accept from Seller, a substantial
portion of the assets utilized in the Business, including, without limitation,
all patents, trademarks, and other intellectual property rights associated with
the Business, upon the terms and subject to the conditions set forth in this
Agreement; and

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter set forth and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, Purchaser and Seller hereby agree
as set forth in this Agreement:

         1. SALE AND PURCHASE OF ASSETS. Except as provided in Section 2, Seller
hereby sells, assigns and transfers to Purchaser, and Purchaser hereby
purchases, acquires and accepts from Seller, substantially all the assets,
personal property, powers and privileges of Seller, tangible and intangible,
whether written-off, expensed, fully depreciated or otherwise, utilized in the
Business (collectively, the "Assets"), free and clear of any and all liens,
claims, charges, liabilities, pledges, mortgages, security interests,
encumbrances or rights or claims of any other person or entity of any kind,
nature or description whatsoever (collectively, the "Liens"). The Assets shall
include in it's entirety the assets of Silicon Film Technology, Inc. (a
California corporation), which were purchased by Quest Manufacturing on February
2nd, 2002 by a court order free and clear, without limitation, plastic tooling,
molds, metal tooling, software, patents, trademarks, intellectual property and
licenses agreements. The only exception to the above is payable to Knobbe,
Martens, Olson & Bear, LLP the technologies patent attorney that is owed
$76,000.

         2. EXCLUDED ASSETS. Purchaser is not purchasing the following assets of
Seller, which assets shall remain the property of Seller and shall be excluded
from the definition of "Assets":

                  (a) Seller's accounts receivable, if any; provided, however,
Purchaser agrees to collect Seller's accounts receivable in the ordinary course
of business for ninety (90) days following closing, after which time Purchaser
shall assign to Seller any outstanding receivables. Purchaser shall account to
Seller at least weekly for all accounts receivable collected. All payments
received shall be allocated to the receivable designated with such payment.

                  (b) Cash and cash equivalents, including all account balances
and deposits in bank accounts;

                  (c) Tangible assets and inventory that Purchaser deems to be
unusable for its continuation of the Business;

                  (d) Pre-paid expenses, if any;

                  (e) All refunds and deposits of all federal, state, local and
municipal taxes paid, or which may be paid, by Seller with respect to the
Business for any period; and

                  (f) All closes of action and litigation.

                                      B-1
<PAGE>

         3. NON-ASSUMPTION OF LIABILITIES. Purchaser is not assuming and will
not be liable for any trade and accounts payables, debts, liabilities or
obligations of Seller, except payments to Knobbe, Martens, Olson & Bear, LLP as
noted in section 1.

         4. CLOSING. The closing of the sale and purchase of the Assets shall
take place on February 1st, 2003, at Purchaser's principal place of business or
at a place as shall be mutually agreed to by the parties ("Closing").

         5. PURCHASE PRICE, PAYMENT TERMS AND ALLOCATION OF PURCHASE PRICE.

                  (a) The purchase price for the Assets is One Million One
Hundred Fifty Eight Thousand Two Hundred Fifty Dollars (US$1,158,250.00) [the
"Purchase Price"].

                  (b) Purchaser shall pay the Purchase Price to Seller, as
follows:

                           (1) At closing Quest will be allocated 15,365,000
shares Common A Stock of Silicon Film Technologies, Inc., valued at $768,250 or
$0.05 per share. The shares must be issued to Quest by December 31st, 2004.

                           (2) By June 30th, 2003, the sum of Seventy Thousand
Dollars ($70,000) ["Initial Payment"]. The balance of the Purchase Price,
$320,000, shall be payable as monies are available, but must be completed by
December 31, 2004.

                           (3) Unpaid balance shall accrue interest at 6% per
annum.

                  (c) The Purchase Price shall be allocated among the Assets in
the manner determined by the Purchaser, the cash payment allocation shall also
be utilized by the Seller in any required filings with the Internal Revenue
Service.

         6. SELLER'S REPRESENTATIONS AND WARRANTIES. Seller represents and
warrants to Purchaser as follows:

                  (a) Seller is a corporation duly organized, validly existing
and in good standing under the laws of the State of Illinois, and is duly
qualified to transact business in the State of Illinois and other states where
qualification is necessary for the conduct of the Business.

                  (b) Seller has the requisite power and authority to execute,
deliver and perform its covenants, duties and obligations set forth in this
Agreement.

                  (c) The execution of this Agreement and Seller's full and
timely performance of its covenants, duties and obligations described herein has
been authorized by Seller.

                  (d) This Agreement is the valid, legal and binding obligation
of Seller, enforceable in accordance with its terms. No other action by Seller
is necessary to authorize the execution and delivery of this Agreement, the
performance of Seller's covenants, duties and obligations and the consummation
of the transactions described in and contemplated by this Agreement.

                  (e) Neither the execution and delivery of this Agreement, the
performance of Seller's covenants, duties and obligations nor the consummation
of the transactions described in or contemplated by this Agreement, constitute a
default under or conflict with any judgment, decree or order of any court or
other governmental body to which Seller is subject and will not conflict or be
inconsistent with or result in the termination, modification, breach or default
under the terms of any contract, commitment, covenant, agreement, instrument,
document or understanding to which Seller is a party.

                  (f) The execution and delivery of this Agreement and the
performance by Seller of its covenants, duties and obligations set forth in this
Agreement do not require the consent, approval or other action of, or any filing
with or notice to, any governmental agency or authority or any other person or
entity whatsoever.

                                      B-2
<PAGE>

                  (g) Seller is not obligated for, nor are any of the Assets
subject to, any liabilities, adverse claims or obligations, absolute or
contingent, which could have a material impact or effect on the Business, the
sale, assignment and transfer of the Assets to Purchaser in accordance with the
terms of this Agreement or Purchaser's operation of the Business on and after
the date of this Agreement.

                  (h) Seller has no knowledge of any condition or circumstance
which would prevent Purchaser from obtaining all federal, state and local
permits, authorizations and licenses necessary for Purchaser to conduct the
Business utilizing the Assets on and after the date hereof, nor does Seller know
of any basis or reason for any litigation, arbitration or other proceeding
against Purchaser arising from or in connection with the Purchaser's operation
of the Business or Purchaser's utilization of the Assets on and after the date
hereof.

                  (i) Seller has fully reported and fully and timely paid, and
will continue to fully and timely report and pay, all federal, state, local and
foreign taxes of every kind, nature and description whatsoever that are due and
payable or accrued with respect to Seller's business and the Assets, including,
without limitation, all income, excise, payroll, social security, sales, use,
license, franchise, property, head, employment and unemployment taxes.

                  (j) There is no litigation, arbitration, proceeding or
controversy which is pending, threatened or anticipated before any court,
governmental agency or authority, arbitrator or board of arbitrators to which
Seller is a party or which may affect or is threatened against the Business, the
Assets or Seller's right to carry on the Business as conducted on and before the
date of this Agreement. There is no action, suite or proceeding pending or
threatened before any court or governmental agency or authority which would give
any party the right to rescind or enjoin any transaction described in or
contemplated by this Agreement.

                  (k) All documents containing Seller's financial information
that Seller has furnished to Purchaser are true and correct copies and present
fairly the financial condition of Seller.

                  (l) Since January 1, 2003, Seller has actively conducted the
Business in the ordinary and regular course and there has not been any material
adverse change in the Business, the Assets, Seller's liabilities or the
Business' prospects or operations.

                  (m) Seller is not represented by a broker in connection with
the sale and purchase of the Assets and the other transactions described in or
contemplated by this Agreement, and Seller warrants that it owes no broker's or
finder's fee or commission in connection with the sale of the Assets and the
other transactions described in or contemplated by this Agreement.

                  (n) No representation or warranty made by Seller in this
Agreement or in any document, written statement, certificate or Exhibit
furnished or to be furnished to Purchaser or its counsel pursuant hereto, or in
connection with the transactions described in and contemplated by this
Agreement, contains or will contain any untrue statement of any material fact,
or omits or will omit any material fact necessary to prevent the statements of
facts contained therein from being materially false or misleading. All
statements made and data presented by Seller in any document, written statement,
certificate or Exhibit provided to Purchaser pursuant to or in connection with
this Agreement, or contemplated by this Agreement, are deemed to be
representations and warranties made by Seller to Purchaser in this Agreement.

         7. PURCHASER'S REPRESENTATIONS AND WARRANTIES. Purchaser represents and
warrants unto Seller as follows:

                  (a) Purchaser is a corporation duly organized, validly
existing and in good standing under the laws of the State of Illinois.

                                      B-3
<PAGE>

                  (b) Purchaser has the requisite corporate power and authority
to execute, deliver and perform its covenants, duties and obligations set forth
in this Agreement.

                  (c) The execution of this Agreement and Purchaser's full and
timely performance of its covenants, duties and obligations described herein
have been duly authorized by Purchaser's Board of Directors in accordance with
all applicable laws and the Articles of Incorporation and By-Laws of Purchaser.

                  (d) This Agreement is the valid, legal and binding obligation
of Purchaser, enforceable in accordance with its terms. No other action by
Purchaser is necessary to authorize the execution and delivery of this
Agreement, the performance of purchaser's covenants, duties and obligations and
the consummation of the transactions described in and contemplated by this
Agreement.

                  (e) Neither the execution and delivery of this Agreement, the
performance of purchaser's covenants, duties and obligations nor the
consummation of the transactions described in or contemplated by this Agreement,
constitute a default under or conflict with any judgment, decree or order of any
court or other governmental body to which Purchaser is subject and will not
conflict or be inconsistent with or result in the terminating, modification,
breach or default under the terms of any contract, commitment, covenant,
agreement, instrument, document or understanding to which Purchaser is a party.

         8. INDEMNIFICATION.

                  (a) Seller shall defend, indemnify and hold Purchaser and its
officers, directors, shareholders, employees, agents, accountants, attorneys,
legal representatives, successors and assigns (collectively the "Purchaser
Group"), harmless of, from and against any and all suits, actions, proceedings,
losses, claims, damages, liabilities, penalties and other costs or expenses,
including, without limitation, reasonable attorneys' fees and costs, at law or
in equity, now existing or hereafter arising, liquidated or unliquidated,
foreseeable or unforeseeable, insured or uninsured (collectively "Claims"),
incurred or sustained by the Purchaser, arising from or relating to:

                           (i) A default or breach by Seller of any term,
provision, representation, warranty, covenant, duty, agreement or obligation
of Seller set forth in this Agreement or in any document, written statement,
certificate or Exhibit delivered pursuant to or in connection with this
Agreement;

                           (ii) Seller's operation of the Business;

                           (iii) Seller's ownership and use of the Assets on and
prior to the closing of the transaction contemplated by this Agreement;
and

                           (iv) Any federal, state, county, local or municipal
tax or assessment against Seller or arising from or in connection with the
operation of Seller's business, Seller's income or otherwise.

                  (b) Purchaser shall defend, indemnify and hold Seller, its
officers, directors, shareholders, employees, agents, accountants, attorneys,
legal representatives, successors and assigns, as the case may be (collectively
the "Seller Group") harmless of, from and against any and all Claims incurred or
sustained by the Seller Group, or any of them, arising from or relating to:

                           (i) A default or breach by Purchaser of any term,
provision, representation, warranty, covenant, duty, agreement or
obligation of Purchaser set forth in this Agreement or in any document, written
statement, certificate or Exhibit delivered pursuant to or in connection with
this Agreement; and

                                      B-4
<PAGE>

                           (ii) Purchaser's operation of the Business.

         9. SURVIVAL. Notwithstanding any investigation made by or on behalf of
Seller or Purchaser, the representations and warranties of Seller and Purchaser
contained in this Agreement and or in any document, written statement,
certificate or Exhibit delivered pursuant to or in connection with this
Agreement and the respective covenants, agreements and obligations of Seller and
Purchaser to indemnify each other pursuant to Paragraph 8 will survive the
execution of this Agreement.

         10. NOTICES. All notices, requests, demands and other communications
required or desired to be given pursuant to this Agreement will be given in
writing and will be deemed duly given upon personal delivery, or on the third
day after mailing if sent by registered or certified mail, postage prepaid,
return receipt requested, or on the day after mailing if sent by a nationally
recognized overnight delivery service which maintains records of the time, place
and recipient of delivery, and in each case if directed as follows:

                  If to Seller, then to:         Quest Manufacturing, Inc.
                                                 PO Box 430
                                                 2503 Spring Ridge Drive Unit F
                                                 Spring Grove, IL  60081

                  With a copy to:                John Lichter
                                                 2 Valley Road
                                                 Indian Creek, IL 60061

                  If to Purchaser, then to:      Silicon Film Technologies, Inc.
                                                 Address TBD

                  With a copy to:                Sebastien DuFort
                                                 433 S. Washington Street
                                                 Hinsdale, IL  60521

or to such other person, entity or address as a party may respectively designate
in like manner, from time to time.

         11. MISCELLANEOUS.

                  (a) This Agreement is delivered and intended to be performed
in the State of Illinois and will be construed, interpreted and enforced in
accordance with the laws of the State of Illinois.

                  (b) This Agreement may be assigned by Seller or Purchaser
without the prior written consent of the other party hereto, except that Seller
or Purchaser must notify the other party of the assignment in writing as long as
there is a balance due as described in Section 5.

                  (c) This Agreement will be binding upon, inure to the benefit
of and will be enforceable by Seller and Purchaser, and their respective legal
representatives, successors and permitted assigns, if any, and no other person
or entity will be deemed a third-party beneficiary of this Agreement.

                  (d) This Agreement will not be amended, changed, modified or
discharged, except by a writing signed by Seller and Purchaser.

                  (e) This Agreement may be executed in two or more
counterparts, each of which will be deemed an original, but all of which
together will constitute one and the same instrument.

                                      B-5
<PAGE>

                  (f) This Agreement, together with the Exhibits attached
hereto, constitutes the entire agreement and understanding between the parties
hereto with regard to the subject matter hereof, and supersedes all prior and
contemporaneous verbal and written communications, agreements, assurances and
understandings between the parties hereto. No statement, representation,
warranty, covenant, agreement, obligation, indemnity or undertaking of any kind,
nature or description whatsoever not expressly set forth in this Agreement will
be deemed a part of or will affect or be used to interpret, change or restrict
the express terms and provisions of this Agreement.

                  (g) A waiver of any party's default or breach of any of their
respective representations, warranties, covenants, duties, agreements or
obligations or any term or provision of this Agreement, will be effective only
if in writing and signed by all of the parties hereto and will be limited to the
default or breach described therein; no such waiver will be or be deemed a
waiver of any other, similar, prior, continuing or subsequent default or breach.

                  (h) The numbers, headings or titles of the various paragraphs
of this Agreement are not a part of this Agreement, but are for convenience of
reference only and do not, and will not be used to, define, limit, continue,
modify or affect the meaning or content of the paragraphs.

                  (i) Seller and Purchaser will pay their own fees and expenses
in connection with this Agreement and the transactions described in and
contemplated by this Agreement, whether or not such transactions are
consummated, including, without limitation, the fees of any attorneys,
accountants or other persons or entities engaged by such party.

                  (j) The recitals set forth at the beginning of this Agreement
are hereby incorporated into and made a part of this Agreement as if fully set
forth herein.

                  (k) Whenever required by context, the masculine pronouns will
include the feminine and neuter genders, and the singular will include the
plural and vice versa.

                  (l) The Exhibits referred to in this Agreement are attached
hereto, made a part hereof and incorporated herein by this reference.

                  (m) If any provision contained herein is held to be invalid or
unenforceable by a court of competent jurisdiction, such provision will be
severed herefrom and such invalidity or unenforceability will not affect any
other provision of this Agreement, the balance of which will remain in and have
its intended full force and effect; provided, however, if such invalid or
unenforceable provision may be modified so as to be valid and enforceable as a
matter of law, such provision will be deemed to have been modified so as to be
valid and enforceable to the maximum extent permitted by law.

                  (n) Seller and Purchaser shall execute and deliver such
additional documents and instruments, and take such other actions, as may be
necessary or advisable to document or consummate the transactions described in
or contemplated by this Agreement.

                  (o) Each party to this Agreement acknowledges and agrees that
any information or data involving the sale and purchase of the Assets and the
consummation of the other transactions described in or contemplated by this
Agreement, including, without limitation, the purchase price and other terms and
provisions set forth herein, is of a confidential nature and not generally known
to the public. In order to preserve the confidentiality of all such information
and data and the goodwill associated with the sale and purchase of the Assets,
each party hereto agrees that it shall not divulge, communicate or disclose any
such information or data, except as may be required by law, in connection with
the performance of their respective covenants, duties and obligations set forth
in this Agreement or Purchaser's operation of the Business on and after the date
of this Agreement, or use to the detriment of any other party hereto or for the
benefit of any other person or entity, or misuse in any way, any such
information or data.

                                      B-6
<PAGE>

         IN WITNESS WHEREOF, Seller and Purchaser have each duly executed this
Agreement as of the date first set forth above.

QUEST MANUFACTURING, INC.                      SILICON FILM TECHNOLOGIES, INC.

By:      /S/ John Lichter                      By:   /S/ Sebastien Dufort
         -------------------------                   ---------------------
         John Lichter                                Sebastien DuFort

Its:     CEO                                   Its:  President

Date:    February 1, 2003                      Date: February 1, 2003

                                      B-7<PAGE>

EXHIBIT 10.11

  Registration rights Agreement dated as of May 2004 between Voyager One, Inc.
                        and Cornell Capital Partners, LP

<PAGE>

                     INVESTOR REGISTRATION RIGHTS AGREEMENT
                     --------------------------------------

         THIS REGISTRATION RIGHTS AGREEMENT (this "AGREEMENT") dated as of May
14, 2004 by and among VOYAGER ONE, INC., a Nevada corporation, with its
principal office located at 859 West End Court, Suite I, Vernon Hills, Illinois
60061 (the "COMPANY"), and the undersigned investors (each, an "INVESTOR" and
collectively, the "INVESTORS").

         WHEREAS:

         A. In connection with the Securities Purchase Agreement by and among
the parties hereto of even date herewith (the "SECURITIES PURCHASE AGREEMENT"),
the Company has agreed, upon the terms and subject to the conditions of the
Securities Purchase Agreement, to issue and sell to the Investors secured
convertible debentures (the "CONVERTIBLE DEBENTURES") which shall be convertible
into that number of shares of the Company's common stock, par value $0.001 per
share (the "COMMON STOCK"), pursuant to the terms of the Securities Purchase
Agreement for an aggregate purchase price of up to One Million One Hundred
Thousand Dollars ($1,100,000). Capitalized terms not defined herein shall have
the meaning ascribed to them in the Securities Purchase Agreement. .

         B. To induce the Investors to execute and deliver the Securities
Purchase Agreement, the Company has agreed to provide certain registration
rights under the Securities Act of 1933, as amended, and the rules and
regulations there under, or any similar successor statute (collectively, the
"1933 Act"), and applicable state securities laws.

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Company and the
Investors hereby agree as follows:

         1.       DEFINITIONS.

         As used in this Agreement, the following terms shall have the following
meanings:

                  (a) "PERSON" means a corporation, a limited liability company,
an association, a partnership, an organization, a business, an individual, a
governmental or political subdivision thereof or a governmental agency.

                  (b) "REGISTER," "REGISTERED," and "REGISTRATION" refer to a
registration effected by preparing and filing one or more Registration
Statements (as defined below) in compliance with the 1933 Act and pursuant to
Rule 415 under the 1933 Act or any successor rule providing for offering
securities on a continuous or delayed basis ("RULE 415"), and the declaration or
ordering of effectiveness of such Registration Statement(s) by the United States
Securities and Exchange SEC (the "SEC").

                  (c) "REGISTRABLE SECURITIES" means the shares of Common Stock
issuable to Investors upon conversion of the Convertible Debentures pursuant to
the Securities Purchase Agreement and the Investor's Shares, as this term is
defined in the Standby Equity Distribution Agreement dated the date hereof.

                  (d) "REGISTRATION STATEMENT" means a registration statement
under the 1933 Act which covers the Registrable Securities.

         2.       REGISTRATION.

                  (a) Subject to the terms and conditions of this Agreement, the
Company shall prepare and file, no later than forty-five (45) days from the date
hereof (the "SCHEDULED FILING DEADLINE"), with the SEC a registration statement
on Form S-1 or SB-2 (or, if the Company is then eligible, on Form S-3) under the
1933 Act (the "INITIAL REGISTRATION STATEMENT") for the registration for the
resale by all Investors who purchased Convertible Debentures pursuant to the
Securities Purchase Agreement 2,200,000 shares of Common Stock to be issued upon

                                       2
<PAGE>

conversion of the Convertible Debentures issued pursuant to the Securities
Purchase Agreement and the Investor's Shares. The Company shall cause the
Registration Statement to remain effective until all of the Registrable
Securities have been sold.

                  (b) EFFECTIVENESS OF THE INITIAL REGISTRATION STATEMENT. The
Company shall use its best efforts (i) to have the Initial Registration
Statement declared effective by the SEC no later than one hundred eighty (180)
days after the filing thereof (the "SCHEDULED EFFECTIVE DEADLINE") and (ii) to
insure that the Initial Registration Statement and any subsequent Registration
Statement remains in effect until all of the Registrable Securities have been
sold, subject to the terms and conditions of this Agreement. It shall be an
event of default hereunder if the Initial Registration Statement is not declared
effective by the SEC within one hundred eighty (180) days after the filing
thereof.

                  (c) FAILURE TO FILE OR OBTAIN EFFECTIVENESS OF THE
REGISTRATION STATEMENT. In the event the Registration Statement is not filed by
the Scheduled Filing Deadline or is not declared effective by the SEC on or
before the Scheduled Effective Deadline, or if after the Registration Statement
has been declared effective by the SEC, sales cannot be made pursuant to the
Registration Statement (whether because of a failure to keep the Registration
Statement effective, failure to disclose such information as is necessary for
sales to be made pursuant to the Registration Statement, failure to register
sufficient shares of Common Stock or otherwise then as partial relief for the
damages to any holder of Registrable Securities by reason of any such delay in
or reduction of its ability to sell the underlying shares of Common Stock (which
remedy shall not be exclusive of any other remedies at law or in equity), the
Company will pay as liquidated damages (the "LIQUIDATED DAMAGES") to the holder,
at the holder's option, either a cash amount or shares of the Company's Common
Stock within three (3) business days, after demand therefore, equal to two
percent (2%) of the liquidated value of the Convertible Debentures outstanding
as Liquidated Damages for each thirty (30) day period after the Scheduled Filing
Deadline or the Schedule Effective Deadline as the case may be. Any Liquidated
Damages payable hereunder shall not limit, prohibit or preclude the Investor
from seeking any other remedy available to it under contract, at law or in
equity.

                  (d) LIQUIDATED DAMAGES. The Company and the Investor hereto
acknowledge and agree that the sums payable under subsection 2(c) above shall
constitute liquidated damages and not penalties and are in addition to all other
rights of the Investor, including the right to call a default. The parties
further acknowledge that (i) the amount of loss or damages likely to be incurred
is incapable or is difficult to precisely estimate, (ii) the amounts specified
in such subsections bear a reasonable relationship to, and are not plainly or
grossly disproportionate to the probable loss likely to be incurred in
connection with any failure by the Company to obtain or maintain the
effectiveness of a Registration Statement, (iii) one of the reasons for the
Company and the Investor reaching an agreement as to such amounts was the
uncertainty and cost of litigation regarding the question of actual damages, and
(iv) the Company and the Investor are sophisticated business parties and have
been represented by sophisticated and able legal counsel and negotiated this
Agreement at arm's length.

         3.       RELATED OBLIGATIONS.

                  (a) The Company shall keep the Registration Statement
effective pursuant to Rule 415 at all times until the date on which the Investor
shall have sold all the Registrable Securities covered by such Registration
Statement (the "REGISTRATION PERIOD"), which Registration Statement (including
any amendments or supplements thereto and prospectuses contained therein) shall
not contain any untrue statement of a material fact or omit to state a material
fact required to be stated therein, or necessary to make the statements therein,
in light of the circumstances in which they were made, not misleading.

                  (b) The Company shall prepare and file with the SEC such
amendments (including post-effective amendments) and supplements to a
Registration Statement and the prospectus used in connection with such
Registration Statement, which prospectus is to be filed pursuant to Rule 424
promulgated under the 1933 Act, as may be necessary to keep such Registration
Statement effective at all times during the Registration Period, and, during
such period, comply with the provisions of the 1933 Act with respect to the
disposition of all Registrable Securities of the Company covered by such
Registration Statement until such time as all of such Registrable Securities
shall have been disposed of in accordance with the intended methods of
disposition by the seller or sellers thereof as set forth in such Registration
Statement. In the case of amendments and supplements to a Registration Statement
which are required to be filed pursuant to this Agreement (including pursuant to

                                       3
<PAGE>

this Section 3(b)) by reason of the Company's filing a report on Form 10-KSB,
Form 10-QSB or Form 8-K or any analogous report under the Securities Exchange
Act of 1934, as amended (the "1934 ACT"), the Company shall incorporate such
report by reference into the Registration Statement, if applicable, or shall
file such amendments or supplements with the SEC on the same day on which the
1934 Act report is filed which created the requirement for the Company to amend
or supplement the Registration Statement.

                  (c) The Company shall furnish to each Investor whose
Registrable Securities are included in any Registration Statement, without
charge, (i) at least one (1) copy of such Registration Statement as declared
effective by the SEC and any amendment(s) thereto, including financial
statements and schedules, all documents incorporated therein by reference, all
exhibits and each preliminary prospectus, (ii) ten (10) copies of the final
prospectus included in such Registration Statement and all amendments and
supplements thereto (or such other number of copies as such Investor may
reasonably request) and (iii) such other documents as such Investor may
reasonably request from time to time in order to facilitate the disposition of
the Registrable Securities owned by such Investor.

                  (d) The Company shall use its best efforts to (i) register and
qualify the Registrable Securities covered by a Registration Statement under
such other securities or "blue sky" laws of such jurisdictions in the United
States as any Investor reasonably requests, (ii) prepare and file in those
jurisdictions, such amendments (including post-effective amendments) and
supplements to such registrations and qualifications as may be necessary to
maintain the effectiveness thereof during the Registration Period, (iii) take
such other actions as may be necessary to maintain such registrations and
qualifications in effect at all times during the Registration Period, and (iv)
take all other actions reasonably necessary or advisable to qualify the
Registrable Securities for sale in such jurisdictions; provided, however, that
the Company shall not be required in connection therewith or as a condition
thereto to (w) make any change to its certificate of incorporation or by-laws,
(x) qualify to do business in any jurisdiction where it would not otherwise be
required to qualify but for this Section 3(d), (y) subject itself to general
taxation in any such jurisdiction, or (z) file a general consent to service of
process in any such jurisdiction. The Company shall promptly notify each
Investor who holds Registrable Securities of the receipt by the Company of any
notification with respect to the suspension of the registration or qualification
of any of the Registrable Securities for sale under the securities or "blue sky"
laws of any jurisdiction in the United States or its receipt of actual notice of
the initiation or threat of any proceeding for such purpose.

                  (e) As promptly as practicable after becoming aware of such
event or development, the Company shall notify each Investor in writing of the
happening of any event as a result of which the prospectus included in a
Registration Statement, as then in effect, includes an untrue statement of a
material fact or omission to state a material fact required to be stated therein
or necessary to make the statements therein, in light of the circumstances under
which they were made, not misleading (provided that in no event shall such
notice contain any material, nonpublic information), and promptly prepare a
supplement or amendment to such Registration Statement to correct such untrue
statement or omission, and deliver ten (10) copies of such supplement or
amendment to each Investor. The Company shall also promptly notify each Investor
in writing (i) when a prospectus or any prospectus supplement or post-effective
amendment has been filed, and when a Registration Statement or any
post-effective amendment has become effective (notification of such
effectiveness shall be delivered to each Investor by facsimile on the same day
of such effectiveness), (ii) of any request by the SEC for amendments or
supplements to a Registration Statement or related prospectus or related
information, and (iii) of the Company's reasonable determination that a
post-effective amendment to a Registration Statement would be appropriate.

                  (f) The Company shall use its best efforts to prevent the
issuance of any stop order or other suspension of effectiveness of a
Registration Statement, or the suspension of the qualification of any of the
Registrable Securities for sale in any jurisdiction within the United States of
America and, if such an order or suspension is issued, to obtain the withdrawal
of such order or suspension at the earliest possible moment and to notify each
Investor who holds Registrable Securities being sold of the issuance of such
order and the resolution thereof or its receipt of actual notice of the
initiation or threat of any proceeding for such purpose.

                  (g) At the reasonable request of any Investor, the Company
shall furnish to such Investor, on the date of the effectiveness of the
Registration Statement and thereafter from time to time on such dates as an
Investor may reasonably request (i) a letter, dated such date, from the
Company's independent certified public accountants in form and substance as is
customarily given by independent certified public accountants to underwriters in

                                       4
<PAGE>

an underwritten public offering, and (ii) an opinion, dated as of such date, of
counsel representing the Company for purposes of such Registration Statement, in
form, scope and substance as is customarily given in an underwritten public
offering, addressed to the Investors.

                  (h) The Company shall make available for inspection by (i) any
Investor and (ii) one (1) firm of accountants or other agents retained by the
Investors (collectively, the "INSPECTORS") all pertinent financial and other
records, and pertinent corporate documents and properties of the Company
(collectively, the "RECORDS"), as shall be reasonably deemed necessary by each
Inspector, and cause the Company's officers, directors and employees to supply
all information which any Inspector may reasonably request; provided, however,
that each Inspector shall agree, and each Investor hereby agrees, to hold in
strict confidence and shall not make any disclosure (except to an Investor) or
use any Record or other information which the Company determines in good faith
to be confidential, and of which determination the Inspectors are so notified,
unless (a) the disclosure of such Records is necessary to avoid or correct a
misstatement or omission in any Registration Statement or is otherwise required
under the 1933 Act, (b) the release of such Records is ordered pursuant to a
final, non-appealable subpoena or order from a court or government body of
competent jurisdiction, or (c) the information in such Records has been made
generally available to the public other than by disclosure in violation of this
or any other agreement of which the Inspector and the Investor has knowledge.
Each Investor agrees that it shall, upon learning that disclosure of such
Records is sought in or by a court or governmental body of competent
jurisdiction or through other means, give prompt notice to the Company and allow
the Company, at its expense, to undertake appropriate action to prevent
disclosure of, or to obtain a protective order for, the Records deemed
confidential.

                  (i) The Company shall hold in confidence and not make any
disclosure of information concerning an Investor provided to the Company unless
(i) disclosure of such information is necessary to comply with federal or state
securities laws, (ii) the disclosure of such information is necessary to avoid
or correct a misstatement or omission in any Registration Statement, (iii) the
release of such information is ordered pursuant to a subpoena or other final,
non-appealable order from a court or governmental body of competent
jurisdiction, or (iv) such information has been made generally available to the
public other than by disclosure in violation of this Agreement or any other
agreement. The Company agrees that it shall, upon learning that disclosure of
such information concerning an Investor is sought in or by a court or
governmental body of competent jurisdiction or through other means, give prompt
written notice to such Investor and allow such Investor, at the Investor's
expense, to undertake appropriate action to prevent disclosure of, or to obtain
a protective order for, such information.

                  (j) The Company shall use its best efforts either to cause all
the Registrable Securities covered by a Registration Statement (i) to be listed
on each securities exchange on which securities of the same class or series
issued by the Company are then listed, if any, if the listing of such
Registrable Securities is then permitted under the rules of such exchange or
(ii) the inclusion for quotation on the National Association of Securities
Dealers, Inc. OTC Bulletin Board for such Registrable Securities. The Company
shall pay all fees and expenses in connection with satisfying its obligation
under this Section 3(j).

                  (k) The Company shall cooperate with the Investors who hold
Registrable Securities being offered and, to the extent applicable, to
facilitate the timely preparation and delivery of certificates (not bearing any
restrictive legend) representing the Registrable Securities to be offered
pursuant to a Registration Statement and enable such certificates to be in such
denominations or amounts, as the case may be, as the Investors may reasonably
request and registered in such names as the Investors may request.

                  (l) The Company shall use its best efforts to cause the
Registrable Securities covered by the applicable Registration Statement to be
registered with or approved by such other governmental agencies or authorities
as may be necessary to consummate the disposition of such Registrable
Securities.

                  (m) The Company shall make generally available to its security
holders as soon as practical, but not later than ninety (90) days after the
close of the period covered thereby, an earnings statement (in form complying
with the provisions of Rule 158 under the 1933 Act) covering a twelve (12) month
period beginning not later than the first day of the Company's fiscal quarter
next following the effective date of the Registration Statement.

                                       5
<PAGE>

                  (n) The Company shall otherwise use its best efforts to comply
with all applicable rules and regulations of the SEC in connection with any
registration hereunder.

                  (o) Within two (2) business days after a Registration
Statement which covers Registrable Securities is declared effective by the SEC,
the Company shall deliver, and shall cause legal counsel for the Company to
deliver, to the transfer agent for such Registrable Securities (with copies to
the Investors whose Registrable Securities are included in such Registration
Statement) confirmation that such Registration Statement has been declared
effective by the SEC in the form attached hereto as EXHIBIT A.

                  (p) The Company shall take all other reasonable actions
necessary to expedite and facilitate disposition by the Investors of Registrable
Securities pursuant to a Registration Statement.

         4.       OBLIGATIONS OF THE INVESTORS.

         Each Investor agrees that, upon receipt of any notice from the Company
of the happening of any event of the kind described in Section 3(f) or the first
sentence of 3(e), such Investor will immediately discontinue disposition of
Registrable Securities pursuant to any Registration Statement(s) covering such
Registrable Securities until such Investor's receipt of the copies of the
supplemented or amended prospectus contemplated by Section 3(e) or receipt of
notice that no supplement or amendment is required. Notwithstanding anything to
the contrary, the Company shall cause its transfer agent to deliver unlegended
certificates for shares of Common Stock to a transferee of an Investor in
accordance with the terms of the Securities Purchase Agreement in connection
with any sale of Registrable Securities with respect to which an Investor has
entered into a contract for sale prior to the Investor's receipt of a notice
from the Company of the happening of any event of the kind described in Section
3(f) or the first sentence of 3(e) and for which the Investor has not yet
settled.

         5.       EXPENSES OF REGISTRATION.

         All expenses incurred in connection with registrations, filings or
qualifications pursuant to Sections 2 and 3, including, without limitation, all
registration, listing and qualifications fees, printers, legal and accounting
fees shall be paid by the Company.

         6.       INDEMNIFICATION.

         With respect to Registrable Securities which are included in a
Registration Statement under this Agreement:

                  (a) To the fullest extent permitted by law, the Company will,
and hereby does, indemnify, hold harmless and defend each Investor, the
directors, officers, partners, employees, agents, representatives of, and each
Person, if any, who controls any Investor within the meaning of the 1933 Act or
the 1934 Act (each, an "INDEMNIFIED PERSON"), against any losses, claims,
damages, liabilities, judgments, fines, penalties, charges, costs, reasonable
attorneys' fees, amounts paid in settlement or expenses, joint or several
(collectively, "CLAIMS") incurred in investigating, preparing or defending any
action, claim, suit, inquiry, proceeding, investigation or appeal taken from the
foregoing by or before any court or governmental, administrative or other
regulatory agency, body or the SEC, whether pending or threatened, whether or
not an indemnified party is or may be a party thereto ("INDEMNIFIED DAMAGES"),
to which any of them may become subject insofar as such Claims (or actions or
proceedings, whether commenced or threatened, in respect thereof) arise out of
or are based upon: (i) any untrue statement or alleged untrue statement of a
material fact in a Registration Statement or any post-effective amendment
thereto or in any filing made in connection with the qualification of the
offering under the securities or other "blue sky" laws of any jurisdiction in
which Registrable Securities are offered ("BLUE SKY FILING"), or the omission or
alleged omission to state a material fact required to be stated therein or
necessary to make the statements therein not misleading; (ii) any untrue
statement or alleged untrue statement of a material fact contained in any final
prospectus (as amended or supplemented, if the Company files any amendment
thereof or supplement thereto with the SEC) or the omission or alleged omission
to state therein any material fact necessary to make the statements made
therein, in light of the circumstances under which the statements therein were
made, not misleading; or (iii) any violation or alleged violation by the Company
of the 1933 Act, the 1934 Act, any other law, including, without limitation, any

                                       6
<PAGE>

state securities law, or any rule or regulation there under relating to the
offer or sale of the Registrable Securities pursuant to a Registration Statement
(the matters in the foregoing clauses (i) through (iii) being, collectively,
"VIOLATIONS"). The Company shall reimburse the Investors and each such
controlling person promptly as such expenses are incurred and are due and
payable, for any legal fees or disbursements or other reasonable expenses
incurred by them in connection with investigating or defending any such Claim.
Notwithstanding anything to the contrary contained herein, the indemnification
agreement contained in this Section 6(a): (x) shall not apply to a Claim by an
Indemnified Person arising out of or based upon a Violation which occurs in
reliance upon and in conformity with information furnished in writing to the
Company by such Indemnified Person expressly for use in connection with the
preparation of the Registration Statement or any such amendment thereof or
supplement thereto; (y) shall not be available to the extent such Claim is based
on a failure of the Investor to deliver or to cause to be delivered the
prospectus made available by the Company, if such prospectus was timely made
available by the Company pursuant to Section 3(c); and (z) shall not apply to
amounts paid in settlement of any Claim if such settlement is effected without
the prior written consent of the Company, which consent shall not be
unreasonably withheld. Notwithstanding anything to the contrary herein or in any
other agreement entered into between the Company and the Investor, the Company
acknowledges and agrees that it is solely responsible and shall indemnify each
Indemnified Person for the contents of any registration statement, prospectus or
other filing made with the SEC or otherwise used in the offering of the
Company's securities (except as such disclosure relates solely to the Investor
and then only to the extent that such disclosure conforms with information
furnished in writing by the Investor to the Company), even if the Investor or
its agents as an accommodation to the Company participate or assist in the
preparation of such registration statement, prospectus or other SEC filing. The
Company shall retain its own legal counsel to review, edit, confirm and do all
things such counsel deems necessary or desirable to such registration statement,
prospectus or other SEC filing to ensure that it does not contain an untrue
statement or alleged untrue statement of material fact or omit or alleged to
omit a material fact necessary to make the statements made therein, in light of
the circumstances under which the statements were made, not misleading. Such
indemnity shall remain in full force and effect regardless of any investigation
made by or on behalf of the Indemnified Person and shall survive the transfer of
the Registrable Securities by the Investors pursuant to Section 9 hereof.

                  (b) In connection with a Registration Statement, each Investor
agrees to severally and not jointly indemnify, hold harmless and defend, to the
same extent and in the same manner as is set forth in Section 6(a), the Company,
each of its directors, each of its officers, employees, representatives, or
agents and each Person, if any, who controls the Company within the meaning of
the 1933 Act or the 1934 Act (each an "INDEMNIFIED PARTY"), against any Claim or
Indemnified Damages to which any of them may become subject, under the 1933 Act,
the 1934 Act or otherwise, insofar as such Claim or Indemnified Damages arise
out of or is based upon any Violation, in each case to the extent, and only to
the extent, that such Violation occurs in reliance upon and in conformity with
written information furnished to the Company by such Investor expressly for use
in connection with such Registration Statement; and, subject to Section 6(d),
such Investor will reimburse any legal or other expenses reasonably incurred by
them in connection with investigating or defending any such Claim; provided,
however, that the indemnity agreement contained in this Section 6(b) and the
agreement with respect to contribution contained in Section 7 shall not apply to
amounts paid in settlement of any Claim if such settlement is effected without
the prior written consent of such Investor, which consent shall not be
unreasonably withheld; provided, further, however, that the Investor shall be
liable under this Section 6(b) for only that amount of a Claim or Indemnified
Damages as does not exceed the net proceeds to such Investor as a result of the
sale of Registrable Securities pursuant to such Registration Statement. Such
indemnity shall remain in full force and effect regardless of any investigation
made by or on behalf of such Indemnified Party and shall survive the transfer of
the Registrable Securities by the Investors pursuant to Section 9.
Notwithstanding anything to the contrary contained herein, the indemnification
agreement contained in this Section 6(b) with respect to any prospectus shall
not inure to the benefit of any Indemnified Party if the untrue statement or
omission of material fact contained in the prospectus was corrected and such new
prospectus was delivered to each Investor prior to such Investor's use of the
prospectus to which the Claim relates.

                  (c) Promptly after receipt by an Indemnified Person or
Indemnified Party under this Section 6 of notice of the commencement of any
action or proceeding (including any governmental action or proceeding) involving
a Claim, such Indemnified Person or Indemnified Party shall, if a Claim in
respect thereof is to be made against any indemnifying party under this Section
6, deliver to the indemnifying party a written notice of the commencement
thereof, and the indemnifying party shall have the right to participate in, and,

                                       7
<PAGE>

to the extent the indemnifying party so desires, jointly with any other
indemnifying party similarly noticed, to assume control of the defense thereof
with counsel mutually satisfactory to the indemnifying party and the Indemnified
Person or the Indemnified Party, as the case may be; provided, however, that an
Indemnified Person or Indemnified Party shall have the right to retain its own
counsel with the fees and expenses of not more than one (1) counsel for such
Indemnified Person or Indemnified Party to be paid by the indemnifying party,
if, in the reasonable opinion of counsel retained by the indemnifying party, the
representation by such counsel of the Indemnified Person or Indemnified Party
and the indemnifying party would be inappropriate due to actual or potential
differing interests between such Indemnified Person or Indemnified Party and any
other party represented by such counsel in such proceeding. The Indemnified
Party or Indemnified Person shall cooperate fully with the indemnifying party in
connection with any negotiation or defense of any such action or claim by the
indemnifying party and shall furnish to the indemnifying party all information
reasonably available to the Indemnified Party or Indemnified Person which
relates to such action or claim. The indemnifying party shall keep the
Indemnified Party or Indemnified Person fully apprised at all times as to the
status of the defense or any settlement negotiations with respect thereto. No
indemnifying party shall be liable for any settlement of any action, claim or
proceeding effected without its prior written consent; provided, however, that
the indemnifying party shall not unreasonably withhold, delay or condition its
consent. No indemnifying party shall, without the prior written consent of the
Indemnified Party or Indemnified Person, consent to entry of any judgment or
enter into any settlement or other compromise which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
Indemnified Party or Indemnified Person of a release from all liability in
respect to such claim or litigation. Following indemnification as provided for
hereunder, the indemnifying party shall be subrogated to all rights of the
Indemnified Party or Indemnified Person with respect to all third parties, firms
or corporations relating to the matter for which indemnification has been made.
The failure to deliver written notice to the indemnifying party within a
reasonable time of the commencement of any such action shall not relieve such
indemnifying party of any liability to the Indemnified Person or Indemnified
Party under this Section 6, except to the extent that the indemnifying party is
prejudiced in its ability to defend such action.

                  (d) The indemnification required by this Section 6 shall be
made by periodic payments of the amount thereof during the course of the
investigation or defense, as and when bills are received or Indemnified Damages
are incurred.

                  (e) The indemnity agreements contained herein shall be in
addition to (i) any cause of action or similar right of the Indemnified Party or
Indemnified Person against the indemnifying party or others, and (ii) any
liabilities the indemnifying party may be subject to pursuant to the law.

         7.       CONTRIBUTION.

         To the extent any indemnification by an indemnifying party is
prohibited or limited by law, the indemnifying party agrees to make the maximum
contribution with respect to any amounts for which it would otherwise be liable
under Section 6 to the fullest extent permitted by law; provided, however, that:
(i) no seller of Registrable Securities guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the 1933 Act) shall be entitled to
contribution from any seller of Registrable Securities who was not guilty of
fraudulent misrepresentation; and (ii) contribution by any seller of Registrable
Securities shall be limited in amount to the net amount of proceeds received by
such seller from the sale of such Registrable Securities.

         8.       REPORTS UNDER THE 1934 ACT.

         With a view to making available to the Investors the benefits of Rule
144 promulgated under the 1933 Act or any similar rule or regulation of the SEC
that may at any time permit the Investors to sell securities of the Company to
the public without registration ("RULE 144") the Company agrees to:

                  (a) make and keep public information available, as those terms
are understood and defined in Rule 144;

                  (b) file with the SEC in a timely manner all reports and other
documents required of the Company under the 1933 Act and the 1934 Act so long as
the Company remains subject to such requirements (it being understood that
nothing herein shall limit the Company's obligations under Section 4(c) of the
Securities Purchase Agreement) and the filing of such reports and other
documents as are required by the applicable provisions of Rule 144; and

                                       8
<PAGE>

                  (c) furnish to each Investor so long as such Investor owns
Registrable Securities, promptly upon request, (i) a written statement by the
Company that it has complied with the reporting requirements of Rule 144, the
1933 Act and the 1934 Act, (ii) a copy of the most recent annual or quarterly
report of the Company and such other reports and documents so filed by the
Company, and (iii) such other information as may be reasonably requested to
permit the Investors to sell such securities pursuant to Rule 144 without
registration.

         9.       AMENDMENT OF REGISTRATION RIGHTS.

         Provisions of this Agreement may be amended and the observance thereof
may be waived (either generally or in a particular instance and either
retroactively or prospectively), only with the written consent of the Company
and Investors who then hold at least two-thirds (2/3) of the Registrable
Securities. Any amendment or waiver effected in accordance with this Section 9
shall be binding upon each Investor and the Company. No such amendment shall be
effective to the extent that it applies to fewer than all of the holders of the
Registrable Securities. No consideration shall be offered or paid to any Person
to amend or consent to a waiver or modification of any provision of any of this
Agreement unless the same consideration also is offered to all of the parties to
this Agreement.

         10.      MISCELLANEOUS.

                  (a) A Person is deemed to be a holder of Registrable
Securities whenever such Person owns or is deemed to own of record such
Registrable Securities. If the Company receives conflicting instructions,
notices or elections from two (2) or more Persons with respect to the same
Registrable Securities, the Company shall act upon the basis of instructions,
notice or election received from the registered owner of such Registrable
Securities.

                  (b) Any notices, consents, waivers or other communications
required or permitted to be given under the terms of this Agreement must be in
writing and will be deemed to have been delivered: (i) upon receipt, when
delivered personally; (ii) upon receipt, when sent by facsimile (provided
confirmation of transmission is mechanically or electronically generated and
kept on file by the sending party); or (iii) one (1) business day after deposit
with a nationally recognized overnight delivery service, in each case properly
addressed to the party to receive the same. The addresses and facsimile numbers
for such communications shall be:

If to the Company, to:         Voyager One, Inc.
                               859 West End Court, Suite I
                               Vernon Hills, Illinois 60061
                               Attention:        Sebastien C. DuFort, President
                               Telephone:        (847) 984-6200
                               Facsimile:        (847) 984-6201

                               Kirkpatrick & Lockhart LLP
                               201 South Biscayne Boulevard - Suite 2000
                               Miami, FL  33131-2399
                               Attention:        Clayton E. Parker, Esq.
                               Telephone:        (305) 539-3300
                               Facsimile:        (305) 358-7095

If to an Investor, to its address and facsimile number on the Schedule of
Investors attached hereto, with copies to such Investor's representatives as set
forth on the Schedule of Investors or to such other address and/or facsimile
number and/or to the attention of such other person as the recipient party has
specified by written notice given to each other party five (5) days prior to the
effectiveness of such change. Written confirmation of receipt (A) given by the
recipient of such notice, consent, waiver or other communication, (B)
mechanically or electronically generated by the sender's facsimile machine
containing the time, date, recipient facsimile number and an image of the first
page of such transmission or (C) provided by a courier or overnight courier
service shall be rebuttable evidence of personal service, receipt by facsimile
or receipt from a nationally recognized overnight delivery service in accordance
with clause (i), (ii) or (iii) above, respectively.

                                       9
<PAGE>

                  (c) Failure of any party to exercise any right or remedy under
this Agreement or otherwise, or delay by a party in exercising such right or
remedy, shall not operate as a waiver thereof.

                  (d) The laws of the State of New Jersey shall govern all
issues concerning the relative rights of the Company and the Investors as its
stockholders. All other questions concerning the construction, validity,
enforcement and interpretation of this Agreement shall be governed by the
internal laws of the State of New Jersey, without giving effect to any choice of
law or conflict of law provision or rule (whether of the State of New Jersey or
any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of New Jersey. Each party hereby irrevocably
submits to the non-exclusive jurisdiction of the Superior Courts of the State of
New Jersey, sitting in Hudson County, New Jersey and federal courts for the
District of New Jersey sitting Newark, New Jersey, for the adjudication of any
dispute hereunder or in connection herewith or with any transaction contemplated
hereby or discussed herein, and hereby irrevocably waives, and agrees not to
assert in any suit, action or proceeding, any claim that it is not personally
subject to the jurisdiction of any such court, that such suit, action or
proceeding is brought in an inconvenient forum or that the venue of such suit,
action or proceeding is improper. Each party hereby irrevocably waives personal
service of process and consents to process being served in any such suit, action
or proceeding by mailing a copy thereof to such party at the address for such
notices to it under this Agreement and agrees that such service shall constitute
good and sufficient service of process and notice thereof. Nothing contained
herein shall be deemed to limit in any way any right to serve process in any
manner permitted by law. If any provision of this Agreement shall be invalid or
unenforceable in any jurisdiction, such invalidity or unenforceability shall not
affect the validity or enforceability of the remainder of this Agreement in that
jurisdiction or the validity or enforceability of any provision of this
Agreement in any other jurisdiction. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY
RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION
OF ANY DISPUTE HEREUNDER OR IN CONNECTION HEREWITH OR ARISING OUT OF THIS
AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY.

                  (e) This Agreement, the Irrevocable Transfer Agent
Instructions, the Securities Purchase Agreement and related documents including
the Convertible Debenture, and the Escrow Agreement dated the date hereof by and
among the Company, the Investors set forth on the Schedule of Investors attached
hereto and Butler Gonzalez LLP (the "ESCROW AGREEMENT") and the Security
Agreement dated the date hereof (the "SECURITY AGREEMENT") constitute the entire
agreement among the parties hereto with respect to the subject matter hereof and
thereof. There are no restrictions, promises, warranties or undertakings, other
than those set forth or referred to herein and therein. This Agreement, the
Irrevocable Transfer Agent Instructions, the Securities Purchase Agreement and
related documents including the Convertible Debenture, the Escrow Agreement and
the Security Agreement supersede all prior agreements and understandings among
the parties hereto with respect to the subject matter hereof and thereof.

                  (f) This Agreement shall inure to the benefit of and be
binding upon the permitted successors and assigns of each of the parties hereto.

                  (g) The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.

                  (h) This Agreement may be executed in identical counterparts,
each of which shall be deemed an original but all of which shall constitute one
and the same agreement. This Agreement, once executed by a party, may be
delivered to the other party hereto by facsimile transmission of a copy of this
Agreement bearing the signature of the party so delivering this Agreement.

                  (i) Each party shall do and perform, or cause to be done and
performed, all such further acts and things, and shall execute and deliver all
such other agreements, certificates, instruments and documents, as the other
party may reasonably request in order to carry out the intent and accomplish the
purposes of this Agreement and the consummation of the transactions contemplated
hereby.

The language used in this Agreement will be deemed to be the language chosen by
the parties to express their mutual intent and no rules of strict construction
will be applied against any party.

                                       10
<PAGE>

(j) This Agreement is intended for the benefit of the parties hereto and their
respective permitted successors and assigns, and is not for the benefit of, nor
may any provision hereof be enforced by, any other Person.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       11
<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Investor Registration
Rights Agreement to be duly executed as of day and year first above written.

                                              COMPANY:
                                              VOYAGER ONE, INC.

                                              By:      /S/ Sebastien C. Dufort
                                                       ------------------------
                                              Name:    Sebastien C. DuFort
                                              Title:   President

                                       12
<PAGE>
<TABLE>

                                   SCHEDULE I
                                   ----------

                               SCHEDULE OF BUYERS
                               ------------------

                                                                                            ADDRESS/FACSIMILE
           NAME                                    SIGNATURE                                 NUMBER OF BUYER
----------------------------       ------------------------------------------       ------------------------------------
<S>                                <C>                                              <C>
Cornell Capital Partners, LP       By:      Yorkville Advisors, LLC                 101 Hudson Street - Suite 3700
                                   Its:     General Partner                         Jersey City, NJ  07303
                                                                                    Facsimile:        (201) 985-8266

                                   By:      /S/ Mark A. Angelo
                                            --------------------------
                                   Name:    Mark A. Angelo
                                   Its:     Portfolio Manager

</TABLE>

<PAGE>

                                                                       EXHIBIT A

                         FORM OF NOTICE OF EFFECTIVENESS
                            OF REGISTRATION STATEMENT
                            -------------------------

____________________________
____________________________
____________________________
____________________________

Attention:

         Re:      VOYAGER ONE, INC.
                  -----------------

Ladies and Gentlemen:

         We are counsel to Voyager One, Inc., a Nevada corporation (the
"COMPANY"), and have represented the Company in connection with that certain
Securities Purchase Agreement (the "SECURITIES PURCHASE AGREEMENT") entered into
by and among the Company and the investors named therein (collectively, the
"INVESTORS") pursuant to which the Company issued to the Investors shares of its
Common Stock, par value $0.001 per share (the "COMMON STOCK"). Pursuant to the
Purchase Agreement, the Company also has entered into a Registration Rights
Agreement with the Investors (the "INVESTOR REGISTRATION RIGHTS AGREEMENT")
pursuant to which the Company agreed, among other things, to register the
Registrable Securities (as defined in the Registration Rights Agreement) under
the Securities Act of 1933, as amended (the "1933 ACT"). In connection with the
Company's obligations under the Registration Rights Agreement, on ____________
____, the Company filed a Registration Statement on Form ________ (File No.
333-_____________) (the "REGISTRATION STATEMENT") with the Securities and
Exchange SEC (the "SEC") relating to the Registrable Securities which names each
of the Investors as a selling stockholder there under.

         In connection with the foregoing, we advise you that a member of the
SEC's staff has advised us by telephone that the SEC has entered an order
declaring the Registration Statement effective under the 1933 Act at [ENTER TIME
OF EFFECTIVENESS] on [ENTER DATE OF EFFECTIVENESS] and we have no knowledge,
after telephonic inquiry of a member of the SEC's staff, that any stop order
suspending its effectiveness has been issued or that any proceedings for that
purpose are pending before, or threatened by, the SEC and the Registrable
Securities are available for resale under the 1933 Act pursuant to the
Registration Statement.

                                        Very truly yours,

                                        KIRKPATRICK & LOCKHART LLP

                                        By:
                                           -------------------------------------
cc:      [LIST NAMES OF INVESTORS]

<PAGE>

                                   CONSENT TO
                                  AMENDMENT OF
                     INVESTOR REGISTRATION RIGHTS AGREEMENT
                               DATED MAY 14, 2004
                          PURSUANT TO SECTION 9 THEREOF

     VOYAGER ONE, INC., a Nevada corporation, and Cornell Capital Partners, LP,
which presently holds at least two-thirds (2/3) of the Registrable Securities
pursuant to the Securities Purchase Agreement entered into between the
above-named parties dated May 14, 2004, hereby consent to the Amendment of
Section 2 (a) of the Investor Registration Rights Agreement entered into on the
same date in connection therewith allowing Voyager One, Inc. a fifteen (15) day
extension to prepare and file with the SEC a registration statement, said
paragraph to be amended to read as follows:

  "2.     REGISTRATION.
          -------------

(a) Subject to the terms and conditions of this Agreement, the Company shall
prepare and file, no later than July 13, 2004 (the "SCHEDULED FILING DEADLINE"),
with the SEC a registration statement on Form S-1 or SB-2 (or, if the Company is
then eligible, on Form S-3) under the 1933 Act (the "INITIAL REGISTRATION
STATEMENT") for the registration for the resale by all Investors who purchased
Convertible Debentures pursuant to the Securities Purchase Agreement 2,200,000
shares of Common Stock to be issued upon conversion of the Convertible
Debentures issued pursuant to the Securities Purchase Agreement and the
Investor's Shares. The Company shall cause the Registration Statement to remain
effective until all of the Registrable Securities have been sold."

COMPANY:                                    CORNELL CAPITAL PARTNERS, LP
VOYAGER ONE, INC.

BY:    /S/ Sebastien C. Dufort              BY:  Yorkville Advisors, LLC
       ------------------------------       ITS:  General Partner
NAME:  Sebastien C. Dufort
TITLE:  President                           BY:    /S/ Mark A. Angelo
                                                   -----------------------------
                                            NAME:  Mark A. Angelo
DATE:  6/28/04                              ITS:  Portfolio Manager
       ------------------------------
                                            DATE:  6/28/04
                                                   -----------------------------

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