Document:

OPTION AGREEMENT

     This  OPTION  AGREEMENT (the "Agreement") dated as of July __, 1998 is made
and entered into by and between the Motor Information Systems Division of Hearst
Business Publishing, Inc., a Delaware corporation ("Seller") and CCC Information
Services,  Inc.  ("Purchaser").

     WHEREAS,  Seller  has  entered  into  that  certain  Option and Acquisition
Agreement (the "Option and Acquisition Agreement") dated as of February 6, 1998,
made  and  entered into by and among Seller, Comp-Est, Inc., an Ohio corporation
("Comp-Est"),  and the Stockholders named therein, whereby, Seller has the right
to  purchase  either  (a)  from  Comp-Est,  substantially  all  of the assets of
Comp-Est  (the  "Assets")  or (b) from the Stockholders (in lieu of such sale of
assets  by  Comp-Est)  all of the shares of common stock, no par value per share
(the  "Shares"),  of Comp-Est. A copy of the Option and Acquisition Agreement is
attached  hereto  as  Exhibit A. Capitalized terms used herein and not otherwise
defined  shall  have  the  meanings  set  forth  in  the  Option and Acquisition
Agreement;

     WHEREAS,  Seller  wishes  to  grant  an  option  in favor of Purchaser, and
Purchaser  wishes  to accept such option, which, in Purchaser's sole discretion,
will  permit Purchaser to require Seller to exercise its option under the Option
and Acquisition Agreement and immediately following the Closing under the Option
and Acquisition Agreement to purchase from Seller, upon the terms and conditions
herein  set  forth,  either  (a)  the  Assets or (b) in lieu of such sale of the
Assets,  all  of  the  Shares;

     NOW, THEREFORE, in consideration of the mutual covenants and agreements set
forth  in  this  Agreement,  and  for other good and valuable consideration, the
receipt  and  sufficiency  of  which are hereby acknowledged, the parties hereto
agree  as  follows:

                                ARTICLE  I.

                         OPTION  AND  PURCHASE  PRICE

     1.01  Option.  On the terms and subject to the conditions set forth in this
Agreement,  Seller  hereby  irrevocably  grants  to  Purchaser  the  option (the
"Option")  (a)  if  the  Asset  Election  (as  hereinafter defined) is given, to
purchase  the  Assets  or  (b) if the Stock Election (as hereinafter defined) is
given,  to purchase the Shares (in lieu of the Assets), and upon exercise of the
Option  by  Purchaser  as  hereinafter provided, if the Asset Election is given,
Seller agrees to sell, transfer, assign, convey and deliver to Purchaser, all of
the  right,  title and interest as of the Option Closing Date (as defined below)
of Seller in and to the Assets or, if the Stock Election is given, Seller agrees
to  sell,  transfer,  assign,  convey and deliver to Purchaser all of the right,
title and interest now or hereafter owned or held by Seller in and to the Shares
in  lieu  of  such  sale  of  Assets  by  Seller.

     1.02  Exercise  of  Option. The Option may be exercised by Purchaser at any
time during the period beginning on August 6, 1999 and ending on January 5, 2003
(the  "Option  Expiration  Date")  by  giving  notice  of  exercise (the "Option
Exercise  Notice")  of  the  Option on or prior to the Option Expiration Date to
Seller.

                                ARTICLE  II.

                      PURCHASE  AND  SALE  OF  ASSETS

     2.01  Purchase  of  the  Assets.  If Purchaser delivers the Option Exercise
Notice on or prior to the Option Expiration Date requesting that Seller purchase
the  Assets  pursuant  to  the  Option  and  Acquisition  Agreement  and sell to
Purchaser  the  Assets  (the "Asset Election"), then on the terms and subject to
the  conditions  set  forth  in this Agreement and except as provided in Section
2.02 and Section 3.01, on the Option Closing Date, Seller agrees to purchase the
Assets  pursuant  to the Option and Acquisition Agreement and to sell, transfer,
assign,  convey  and  deliver  to  Purchaser,  and Purchaser agrees, immediately
following  the  Closing under the Option and Acquisition Agreement, to purchase,
acquire  and  accept from Seller, all of the right, title and interest as of the
Option  Closing  Date of Seller in and to the Assets, subject only to changes in
the  Assets  in  the  ordinary  course  of  business.

     To the extent that assignment under the Option and Acquisition Agreement by
Comp-Est to Seller of any Real Property Lease, Personal Property Lease, Business
Contract  or  Business  License is not permitted or is not permitted without the
consent  of any third party, this Agreement shall not be deemed to constitute an
undertaking  to  assign  the  same  if  such  consent is not given or if such an
undertaking  otherwise  would constitute a breach of or cause a loss of benefits
thereunder.  Comp-Est  has  agreed to, and the Stockholders have agreed to cause
Comp-Est  to,  use  its  best  efforts  to  obtain  any and all such third party
consents.  If  any  third  party  consent  is  not  obtained before the Closing,
Comp-Est  is  obligated  to  cooperate with Seller in any reasonable arrangement
designed  to  provide  to  Seller  after  the  Closing  the  benefits  under the
applicable  Real  Property  Lease, Personal Property Lease, Business Contract or
Business License, including enforcement for the benefit of Seller of any and all
rights  of  Comp-Est  against  any  other  Person  arising  out  of  breach   or
cancellation  by  such  other  Person  and including, if so requested by Seller,
acting  as an agent on behalf of Seller, or as Seller shall otherwise reasonably
require.  After  the  Option Closing, Seller will use its best efforts to ensure
that  Comp-Est  and  the  Stockholders  comply  with  such  obligations and will
promptly  transfer  any  benefit  derived  thereunder  to  Purchaser;  provided,
however,  that  Purchaser  shall promptly reimburse Seller for any out of pocket
expenses  reasonably  incurred  by  Seller  in  connection  with  such  efforts.

     2.02  Excluded  Assets.  Any  provision  of  this Agreement to the contrary
notwith-standing,  Purchaser  shall not acquire and there shall be excluded from
the  Assets  the  Excluded  Assets.

     2.03  Assumed  Liabilities. Except as may be specifically excluded pursuant
to  the  provisions  of  this Agreement or the Option and Acquisition Agreement,
subject  to the terms and conditions set forth herein, and except as provided in
Section  2.04  and  Section  3.01,  Purchaser agrees that, on the Option Closing
Date,  Purchaser  shall assume and thereafter pay, perform or discharge when due
or  required  to  be  performed,  as  the  case may be, the Assumed Liabilities,
subject  to  adjustments  in  the  ordinary  course  of  business.

     2.04  Liabilities  Not  Assumed.  Any  provision  of  this Agreement to the
contrary  not-withstanding  (and  without implication that Purchaser is assuming
any  liability not expressly excluded and, where applicable, without implication
that  any  of  the following have been included in the Assumed Liabilities), the
Excluded  Liabilities  are  excluded  and  shall not be assumed or discharged by
Purchaser.

The  assumption by Purchaser of the liabilities of Comp-Est herein provided for,
and  the  transfer  thereof  by  Seller,  shall  in  no way expand the rights or
remedies  of  any  third  party  against  Purchaser or Seller as compared to the
rights  and  remedies  which  such third party would have had against Seller had
Purchaser  not assumed such liabilities.  Without limiting the generality of the
preceding  sentence,  the  assumption by Purchaser of said liabilities shall not
create  any  third  party  beneficiary  rights.

     2.05  Prorations.  Purchaser  shall  pay all amounts required to be paid by
Seller  pursuant  to Section 2.05 and Section 2.06 of the Option and Acquisition
Agreement,  and  Seller  shall remit to Purchaser all amounts received by Seller
from  Comp-Est  pursuant  to  Section  2.05  and  Section 2.06 of the Option and
Acquisition  Agreement.

     2.06  Assets  Purchase  Price.

     (a) Amount. The purchase price (the "Assets Purchase Price") for the Assets
shall  be  the  sum  of  (i) One Million, Two Hundred and Fifty Thousand Dollars
($1,250,000)  (the  "Base  Cash  Payment"),  plus  (ii)  the Revenue Payment (as
defined  below)  plus  (iii)  the  assumption  by  Purchaser  of  the  Assumed
Liabilities,  plus (iv) any Transfer Taxes paid or payable by Seller pursuant to
this  Agreement  or  the Option and Acquisition Agreement. The Base Cash Payment
and the Revenue Payment shall be payable on the Option Closing Date by bank wire
transfer  in immediately available funds to a bank account designated in writing
by  Seller not less than three (3) Business Days before the Option Closing Date.

     (b)  Allocation.  At  the  Option Closing the Assets Purchase Price will be
allocated  among  the  Assets  for  all  purposes  (including  Tax and financial
accounting  purposes)  in  a  manner  consistent  with Section 1060 of the Code.
Pursuant  to  the  Option and Acquisition Agreement, Comp-Est is responsible for
the preparation and filing of all returns, documents, statements and other forms
that  are  required  to  be  submitted  to  any  federal,  state or local taxing
authority in connection with the Purchase Price Allocation; provided that Seller
shall  approve  all  returns,  documents, statements and other forms to be filed
pursuant  to the provisions of the Option and Acquisition Agreement. Each of the
parties  hereto  will  not  take  a  position  on  any  Tax  Return,  before any
governmental  agency  charged with the collection of any Tax, or in any judicial
proceeding,  that  is in any way inconsistent with the statements to be prepared
by  Comp-Est pursuant to Section 2.07(b) of the Option and Acquisition Agreement
and  will  cooperate  with  each  other  in  timely filing, consistent with such
allocation,  any  reports required (including, without limitation, Form 8594) by
the  IRS.

     (c)  Revenue  Payment.  For  purposes  of this Agreement, "Revenue Payment"
means  an amount in cash equal to the product of (a) (i) the number of customers
of  the  Business  on  the  Closing  Date determined by reference to the Revenue
Statement  multiplied  by  (ii)  the  average annual revenue per customer of the
Business  for  the  System,  exclusive  of  Revenues from the sale or leasing of
equipment  by Comp-Est, determined by reference to the Revenue Statement and (b)
1.66.  The  Revenue  Payment  under this Agreement shall equal the amount of the
Revenue  Payment  calculated  under  the  Option  and  Acquisition  Agreement.

                                ARTICLE  III.

                       PURCHASE  AND  SALE  OF  SHARES

     3.01  Purchase  of Shares. If Purchaser delivers the Option Exercise Notice
on  or prior to the Option Expiration Date and includes with the Option Exercise
Notice  a  written  notice  requesting  that Seller purchase the Shares from the
Stockholders  pursuant  to  the  Option  and  Acquisition  Agreement and sell to
Purchaser  the  Shares  (the "Stock Election") then, on the Option Closing Date,
Seller will purchase the Shares from the Stockholders pursuant to the Option and
Acquisition Agreement and sell to Purchaser the Shares in lieu of Seller selling
the  Assets to Purchaser and Purchaser assuming the Assumed Liabilities pursuant
to  Article  II.  If  the  Stock  Election is given, in lieu of the transactions
described  in  Article  II,  Seller  agrees  to sell to Purchaser, and Purchaser
agrees  to  purchase  from  the  Stockholders,  the Shares free and clear of all
Liens.

     3.02  Shares Purchase Price. The purchase price for the Shares (the "Shares
Purchase  Price") shall be the sum of (a) the Base Cash Payment, (b) the Revenue
Payment  and  (c)  any Transfer Taxes paid or payable by Seller pursuant to this
Agreement  or  the  Option  and Acquisition Agreement. The Shares Purchase Price
shall be payable on the Option Closing Date by bank wire transfer in immediately
available  funds to a bank account designated in writing by Seller not less than
three  (3)  Business  Days  before  the  Option  Closing  Date.

                                ARTICLE  IV.

                                  CLOSING

     4.01  Closing.  The  closing of the transactions contemplated by Article II
or,  if  the  Stock  Election is given, Article III (the "Option Closing"), will
take  place  at  the  offices  of The Hearst Corporation, 959 Eighth Avenue, New
York,  New  York  10019, or at such other place as Purchaser and Seller mutually
agree,  at  10:00 A.M. local time, on the Closing Date (as defined in the Option
and  Acquisition  Agreement)  (the  "Option  Closing  Date").

                                ARTICLE  V.

                CONDITIONS  TO  OBLIGATIONS  OF  PURCHASER

     If  Purchaser delivers the Option Exercise Notice on or prior to the Option
Expiration  Date,  the  obligations  of  Purchaser to purchase the Assets or the
Shares,  as  the  case  may be, are subject to the fulfillment, on or before the
Option  Closing  Date,  of each of the following conditions (all or any of which
may  be  waived  in  whole  or  in  part  by  Purchaser in its sole discretion):

     5.01  Option  and  Acquisition  Agreement. The Closing under the Option and
Acquisition  Agreement  shall  have  occurred.

     5.02  Performance.  Seller  shall  have performed and complied with, in all
material  respects,  the  agreements, covenants and obligations required by this
Agreement  to  be  so  performed  or complied with by it on or before the Option
Closing  Date.

     5.03  Conveyancing  Documents.  If  the Stock Election is not given, Seller
shall  have  executed  and  delivered  to Purchaser an Assignment and Assumption
Agreement  (the "Assignment and Assumption Agreement") in substantially the form
of Exhibit B hereto and a Bill of Sale (the "Bill of Sale") in substantially the
form  of  Exhibit C hereto, and such further instruments and documents as may be
reasonably  requested  by  Purchaser  in  order  to complete the transfer of the
Assets  to  Purchaser.

     5.04  Stock Certificates. If the Stock Election is given, Seller shall have
delivered  to Purchaser stock certificates evidencing the Shares, accompanied by
stock  powers  executed  by Seller in blank, and Seller shall have delivered the
Minute  Books  to  Purchaser.

                                ARTICLE  VI.

                  CONDITIONS  TO  OBLIGATIONS  OF  SELLER

     If  Purchaser delivers the Option Exercise Notice on or prior to the Option
Expiration  Date,  the  obligations  of  Seller  hereunder  are  subject  to the
fulfillment,  on  or  before  the  Option Closing Date, of each of the following
conditions  (all  or any of which may be waived in whole or in part by Seller in
its  sole  discretion):

     6.01  Option  and  Acquisition  Agreement. The Closing under the Option and
Acquisition  Agreement  shall  have  occurred.

     6.02  Performance. Purchaser shall have performed and complied with, in all
material  respects,  the  agreements, covenants and obligations required by this
Agreement  to  be  so  performed  or complied with by Purchaser on or before the
Option  Closing  Date.

                                ARTICLE  VII.

                REPRESENTATIONS  AND  WARRANTIES  OF  SELLER

     Seller  has received certain representations, warranties and covenants from
Comp-Est  and the Stockholders expressly set forth in the Option and Acquisition
Agreement (hereinafter "Covenants"). Seller represents and warrants to Purchaser
that  it  will seek enforcement of all such Covenants on behalf of Purchaser (at
Purchaser's  sole  cost and expense, including without limitation the reasonable
fees  and  expenses  of Purchaser's and Seller's attorneys and accountants), and
will  remit  to  Purchaser all sums received by Seller from Comp-Est pursuant to
Article XIV of the Option and Acquisition Agreement after deduction by Seller of
any and all Losses suffered, incurred or sustained by Seller, its Affiliates and
their respective officers, directors, employees and agents with respect thereto,
from  and after the date Purchaser delivers the Option Exercise Notice to Seller
and  this  obligation  shall  continue  for  the applicable periods set forth in
Article XIII of the Option and Acquisition Agreement. It is expressly understood
that  the  provisions of this Article VII are intended to provide Purchaser with
as  much  of  the  benefit  of  the  Covenants  as legally may be conferred upon
Purchaser  by Seller while at the same time ensuring that Seller, its Affiliates
and  their respective officers, directors, employees and agents do not incur any
costs  or  expenses resulting from, arising out of or relating to the Option and
Acquisition  Agreement  or  this  Option  Agreement,  from  and  after  the date
Purchaser  delivers  the  Option  Exercise  Notice  to  Seller,  which  are  not
reimbursed  by  Comp-Est  or  Purchaser.

                                ARTICLE  VIII.

                               INDEMNIFICATION

     8.01  Indemnification. Purchaser shall indemnify Seller, its Affiliates and
their  respective  officers,  directors, employees and agents in respect of, and
hold  each  of  them  harmless  from  and  against, any and all Losses suffered,
incurred  or  sustained  by any of them or to which any of them becomes subject,
resulting  from, arising out of or relating to (i) any breach of any covenant or
agreement  on  the  part  of  Purchaser contained in this Agreement, (ii) if the
Stock  Election  is not given, any Assumed Liability and (iii) any threatened or
actual  Actions  or  Proceedings,  whether  civil,  criminal,  administrative or
investigative  arising out of or based upon (A) the execution of this Agreement,
(B)  the  exercise  of  the  Option,  (C)  the  consummation of the transactions
contemplated  hereby,  or  (D)  any  Actions or Proceedings under the Option and
Acquisition  Agreement  arising  out  of  or based upon the execution of, or the
consummation  of the transactions contemplated by, this Agreement; provided that
such  threatened  or  actual Action or Proceedings do not directly or indirectly
arise  from  any  act or omission of Seller, its Affiliates and their respective
officers,  directors,  employees  and  agents.

     8.02    Seller  Indemnification.  Seller  shall  indemnify  Purchaser,  its
Affiliates  and  their  respective  officers,  directors employees and agents in
respect  of, and hold each of them harmless from and against, any and all Losses
suffered,  incurred  or sustained by any of them or to which any of them becomes
subject,  resulting  from,  arising  out of or relating to (1) any breach of any
representation,  warranty, covenant or agreement on the part of Seller contained
in this Agreement and (2) any threatened or actual Action or Proceedings whether
civil,  criminal,  administrative  or investigative arising out of or based upon
the  execution  by Seller of the Option and Acquisition Agreement; provided that
such  threatened  or  actual Action or Proceedings do not directly or indirectly
arise from any act or omission of Purchaser, its Affiliates and their respective
officers,  directors,  employees  and  agents.

     8.03  Method  of  Asserting  Claims.  The  party  making a claim under this
Article  VIII  is  referred  to as the "Indemnified Party" and the party against
whom  such  claims  are  asserted  under this Article VIII is referred to as the
"Indemnifying  Party."  All  claims  by any Indemnified Party under this Article
VIII  shall  be  asserted  and  resolved  as  follows:

     (a)  In  the event that any claim or demand for which an Indemnifying Party
would  be liable to an Indemnified Party hereunder is asserted against or sought
to  be  collected from such Indemnified Party by a third party, said Indemnified
Party  shall  promptly notify in writing the Indemnifying Party of such claim or
demand,  specifying  the  basis  for such claim or demand, and the amount or the
estimated  amount  thereof to the extent then determinable (which estimate shall
not be conclusive of the final amount of such claim and demand; the "Claim -----
Notice"); provided, however, that any failure to give such Claim Notice will not
be  deemed  a waiver of any rights of the Indemnified Party except to the extent
the  rights  of  the Indemnifying Party are actually prejudiced by such failure.
The Indemnifying Party shall have the right to control the defense of such claim
or  demand  and  shall retain counsel (who shall be reasonably acceptable to the
Indemnified  Party)  to  represent  the  Indemnified  Party  and  shall  pay the
reasonable fees and disbursements of such counsel with regard thereto; provided,
however,  that  any  Indemnified Party is hereby authorized prior to the date on
which  it  receives  written notice from the Indemnifying Party designating such
counsel,  to  retain counsel, whose reasonable fees and expenses shall be at the
expense  of the Indemnifying Party, to file any motion, answer or other pleading
and  take  such other action which it reasonably shall deem necessary to protect
its  interests  or  those  of the Indemnifying Party until the date on which the
Indemnified  Party  receives  such notice from the Indemnifying Party. After the
Indemnifying  Party  shall retain such counsel, the Indemnified Party shall have
the  right  to retain its own counsel, but the fees and expenses of such counsel
shall  be at the expense of such Indemnified Party. The Indemnifying Party shall
not,  in  connection  with  any  proceedings  or related proceedings in the same
jurisdiction, be liable for the fees and expenses of more than one such firm for
the  Indemnified  Party  (except  to  the  extent the Indemnified Party retained
counsel  to  protect  its  (or  the  Indemnifying  Party's)  rights prior to the
selection  of  counsel  by  the  Indemnifying  Party).  If  requested   by   the
Indemnifying  Party,  the  Indemnified  Party  agrees  to  cooperate  with   the
Indemnifying  Party  and its counsel in contesting any claim or demand which the
Indemnifying  Party  defends.  A  claim  or  demand  may  not  be settled by the
Indemnifying  Party  without  the prior written consent of the Indemnified Party
(which  consent  will  not  be  unreasonably  withheld)  unless, as part of such
settlement, the Indemnified Party shall receive a full and unconditional release
reasonably  satisfactory  to  the  Indemnified  Party. If the Indemnifying Party
elects  to  defend  a  claim  or  demand, the Indemnified Party shall not pay or
settle  such  claim  or  demand  without  the consent of the Indemnifying Party.

     (b)  In  the  event  any  Indemnified  Party shall have a claim against any
Indemnifying  Party  hereunder  which  does  not involve a claim or demand being
asserted  against  or  sought  to  be  collected  from  it by a third party, the
Indemnified  Party  shall  send a Claim Notice with respect to such claim to the
Indemnifying  Party.

     (c)  After  delivery  of  a   Claim   Notice,  so  long  as  any  right  to
indemnification  exists pursuant to this Article VIII, the affected parties each
agree  to  retain  all  books  and records related to such Claim Notice. In each
instance,  the  Indemnified Party shall have the right to be kept fully informed
by  the  Indemnifying  Party  and  its  legal  counsel with respect to any legal
proceedings.  Any information or documents made available to any party hereunder
and  designated  as  confidential  by  the  party  providing such information or
documents  and  which is not otherwise generally available to the public and not
already  within  the  knowledge of the party to whom the information is provided
(unless  otherwise  covered  by  the  confidentiality  provisions  of  any other
agreement  among  the  parties  hereto,  or  any  of them), and except as may be
required  by  applicable law, shall not be disclosed to any third Person (except
for  the  representatives  of  the party being provided with the information, in
which  event  the  party  being  provided with the information shall request its
representatives not to disclose any such information which it otherwise required
hereunder  to  be  kept  confidential).

                                ARTICLE  IX.

                                TERMINATION

     9.01  Termination.  This  Agreement  shall  terminate  as  follows:

     (a)  on  the day following the Option Expiration Date in the event that the
Option  Exercise  Notice  is  not delivered on or prior to the Option Expiration
Date  in  accordance  with  Section  1.02;  or

     (b)  at  any  time  by mutual written consent of Purchaser and Seller.

     9.02  Effect  of  Termination.

     (a)  If this Agreement is terminated pursuant to Section 9.01(a), Purchaser
shall  pay to Seller, within three (3) business days of the date of termination,
Five  Hundred  Thousand  Dollars ($500,000) by bank wire transfer in immediately
available funds to a bank account designated in writing by Seller on the date of
termination.

     (b)  If  this Agreement is validly terminated pursuant to Section 9.01, (a)
this  Agreement  will forthwith become null and void, except that the provisions
with  respect  to  the  payment  in  Section 9.02, expenses in Section 10.03 and
confidentiality  in  Section  10.04  will  continue  to apply following any such
termination,  and  (b)  except  as  provided in Section 9.02(a) there will be no
liability  or  obligation  on  the  part of Seller or Purchaser (or any of their
Affiliates  or  their  respective  officers,  directors,  employees  or agents);
provided,  however,  that if such termination shall result from a willful breach
by  a  party  of  the  provisions  contained in this Agreement, such party shall
remain fully liable for any and all Losses sustained by the other parties hereto
as  a  result  of  such  breach.

                                ARTICLE  X.

                               MISCELLANEOUS

     10.01  Notices.  All  notices,   requests,   consents,  waivers  and  other
communications hereunder must be in writing and will be deemed to have been duly
given only if delivered personally or by facsimile transmission or mailed (first
class  postage  prepaid)  to the parties at the following addresses or facsimile
numbers:

         If  to  Seller,  to:

         Motor  Information  Systems  Division,
         Hearst  Business  Publishing,  Inc.
         5600  Crooks  Road
         Troy,  Michigan  48098
         Facsimile  No.:  248-828-3508
         Attn:  Vice  President  and  General  Manager

         with  copies  to:

         The  Hearst  Corporation
         Office  of  the  General  Counsel
         959  Eighth  Avenue
         New  York,  New  York  10019
         Facsimile  No.:  212-649-2035
         Attn:  General  Counsel

         If  to  Purchaser,  to:

         CCC  Information  Services,  Inc.
         444  Merchandise  Mart
         Chicago,  Illinois  60654
         Facsimile  No.:  312-527-1194
         Attn:  President

         with  copies  to:

         CCC  Information  Services,  Inc.
         444  Merchandise  Mart
         Chicago,  Illinois  60654
         Facsimile  No.:  312-527-5888
         Attn:  General  Counsel

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

     10.02 Entire Agreement. This Agreement supersedes all prior discussions and
agreements  between  the  parties with respect to the subject matter hereof, and
contains  the  sole and entire agreement between the parties hereto with respect
to  the  subject  matter  hereof.

     10.03  Expenses.  Whether  or  not  the  transactions  contemplated by this
Agreement shall be consummated, except as expressly provided herein, each of the
parties  hereto  shall  pay  its  own  expenses  (including, without limitation,
attorney's  and  accountants'  fees and out-of-pocket expenses) incident to this
Agreement  and  the  transactions  contemplated  hereby.

     10.04 Public Announcements; Confidentiality. No publicity release or public
announcement   concerning this Agreement or the transactions contemplated hereby
shall  be  made  by  any party hereto or its Affiliates without advance approval
thereof  by  each of the other parties hereto. While this Agreement is in effect
and  after this Agreement terminates, each party hereto and its Affiliates shall
keep  confidential,  and  shall not disclose, the terms of this Agreement or the
Option  and  Acquisition Agreement to any other Person without the prior written
consent  of  each other party hereto unless (i) the disclosure is in response to
legal order or subpoena, (ii) the terms are readily ascertainable from public or
published  information,  or  trade  sources  (without violation of the foregoing
provisions of this sentence), (iii) the disclosure is (A) in connection with any
Action  or  Proceeding  in respect of this Agreement or (B) to a Governmental or
Regulatory  Authority  the  filing  with  or  consent  of  which  is required in
connection  with  the  transactions contemplated by this Agreement or the Option
and  Acquisition  Agreement  or (iv) the disclosure is to any officer, director,
employee  or  agent  of  any  party  hereto or of any of its Affiliates and such
Person  needs  to  know  such  information  for  purposes  of  consummating  the
transactions  contemplated by or the performance of this Agreement or the Option
and Acquisition Agreement, provided that the disclosing party shall use its best
efforts  to  cause  such  officer,  director,  employee  or  agent  to hold such
information  in  confidence.  Notwithstanding  anything  herein to the contrary,
Purchaser and Seller agree that Seller shall be entitled to disclose such of the
terms  of  this  Agreement  as  it deems appropriate, in its sole discretion, to
Comp-Est.

     10.05  Further  Assurances.  At  any  time  and from time to time after the
Closing  Date  at  the  request of Purchaser, and without further consideration,
Seller  and the Stockholders shall execute and deliver such other instruments of
sale,  transfer,  conveyance,  assignment  and  confirmation and take such other
action  as  Purchaser  may  reasonably  deem  necessary or desirable in order to
transfer,  convey  and  assign  more effectively to Purchaser, the Assets or the
Shares,  as  the  case  may  be,  and  to put Purchaser in actual possession and
control  of  the  Assets  and  to assist Purchaser in exercising all rights with
respect  thereto.

     10.06  Waiver. Any term or condition of this Agreement may be waived at any
time  by  the  party that is entitled to the benefit thereof, but no such waiver
shall  be effective unless set forth in a written instrument duly executed by or
on behalf of the party waiving such term or condition. No waiver by any party of
any  term or condition of this Agreement, in any one or more instances, shall be
deemed to be or construed as a waiver of the same or any other term or condition
of  this  Agreement  on  any  future  occasion.

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

     10.08  No  Third-Party  Beneficiary.  The  terms  and  provisions  of  this
Agreement  are  intended  solely  for the benefit of each party hereto and their
respective  successors  or permitted assigns, and it is not the intention of the
parties  to  confer  third-party  beneficiary rights upon any other Person other
than  any  Person  entitled  to  indemnity  under  Article  VIII.

     10.09  No Assignment; Binding Effect. Neither this Agreement nor any right,
interest or obligation hereunder may be assigned by any party hereto without the
prior written consent of the other party hereto and any attempt to do so will be
void.  Notwithstanding  the  preceding sentence, Purchaser and Seller may assign
any  or  all  of  its  rights,  interests  and  obligations hereunder to (a) any
successor  in interest, prior to the Closing, to all or substantially all of the
assets  and  properties  of  Purchaser or Seller, as the case may be, or (b) any
wholly-owned  subsidiary of Purchaser or Seller, as the case may be, or any such
successor,  in  each  case without the consent of (but with notice to) the other
party;  provided,  however,  that  such  party  shall  remain  primarily  liable
hereunder  following  each such assignment referred to in clause (a) or clause -
(b). This Agreement is binding upon, inures to the benefit of and is enforceable
by  the  parties  hereto  and their respective successors and permitted assigns.

     10.10  Additional  Agreements.  Without  limiting  the  generality  of  the
foregoing, Purchaser agrees to perform each and every obligation of Seller to be
performed  by  Seller  following  the  Closing  under the Option and Acquisition
Agreement  to the same extent as though references in the Option and Acquisition
Agreement  to  Seller  were  to  Purchaser.

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

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

     10.13  Governing  Law. This Agreement shall be governed by and construed in
accordance  with  the  Laws  of  the  State of New York applicable to a Contract
executed  and  performed in such State without giving effect to the conflicts of
laws  principles  thereof.

     10.14  Counterparts.  This  Agreement  may  be  executed  in  any number of
counterparts,  each  of  which  will  be  deemed  an  original, but all of which
together  will  constitute  one  and  the  same  instrument.

     IN  WITNESS WHEREOF, this Agreement has been duty executed and delivered by
the  duly  authorized  officer  of  each party hereto as of the date first above
written.

                                           HEARST  BUSINESS  PUBLISHING,  INC.

                                    By:     /s/ Kevin F. Carr
                                            -----------------
                                    Name:   Kevin F. Carr
                                    Title:  Vice President and General Manager

                                           CCC  INFORMATION  SERVICES,  INC.

                                    By:    /s/ Leonard Ciarrochi
                                           ---------------------
                                    Name:  Leonard Ciarrochi
                                    Title: Executive Vice President and
                                             Chief Financial Officer<PAGE>
EXHIBIT 10.1

                        COMMON STOCK PURCHASE AGREEMENT

         COMMON STOCK PURCHASE AGREEMENT (the "Agreement"), dated as of April
22, 2003 by and between TECHNOLOGY VISIONS GROUP, INC., a Delaware corporation
(the "Company"), and FUSION CAPITAL FUND II, LLC, an Illinois limited liability
company (the "Buyer"). Capitalized terms used herein and not otherwise defined
herein are defined in Section 10 hereof.

                                    WHEREAS:

         Subject to the terms and conditions set forth in this Agreement, the
Company wishes to sell to the Buyer, and the Buyer wishes to buy from the
Company, up to Six Million Dollars ($6,000,000) of the Company's common stock,
par value $0.001 per share (the "Common Stock"). The shares of Common Stock to
be purchased hereunder are referred to herein as the "Purchase Shares."

         NOW THEREFORE, the Company and the Buyer hereby agree as follows:

         1.       PURCHASE OF COMMON STOCK.

         Subject to the terms and conditions set forth in Sections 6, 7 and 9
below, the Company hereby agrees to sell to the Buyer, and the Buyer hereby
agrees to purchase from the Company, shares of Common Stock as follows:

         (a) COMMENCEMENT OF PURCHASES OF COMMON STOCK. The purchase and sale of
Common Stock hereunder shall commence (the "Commencement") within five (5)
Trading Days following the date of satisfaction (or waiver) of the conditions to
the Commencement set forth in Sections 6 and 7 below (or such later date as is
mutually agreed to by the Company and Buyer) (the date of such Commencement, the
"Commencement Date").

         (b) BUYER'S PURCHASE RIGHTS AND OBLIGATIONS. Subject to the Company's
right to suspend purchases under Section 1(d)(ii) hereof, the Buyer shall
purchase shares of Common Stock on each Trading Day during each Monthly Period
equal to the Daily Purchase Amount (as defined in Section 1(c)(i)) at the
Purchase Price. Within one (1) Trading Day of receipt of Purchase Shares, the
Buyer shall pay to the Company an amount equal to the Purchase Amount with
respect to such Purchase Shares as full payment for the purchase of the Purchase
Shares so received. The Company shall not issue any fraction of a share of
Common Stock upon any purchase. All shares of Common Stock (including fractions
thereof) issuable upon a purchase under this Agreement shall be aggregated for
purposes of determining whether the purchase would result in the issuance of a
fraction of a share of Common Stock. If, after the aforementioned aggregation,
the issuance would result in the issuance of a fraction of a share of Common
Stock, the Company shall round such fraction of a share of Common Stock up or
down to the nearest whole share. All payments made under this Agreement shall be
made in lawful money of the United States of America by check or wire transfer
of immediately available funds to such account as the Company may from time to
time designate by written notice in accordance with the provisions of this
Agreement. Whenever any amount expressed to be due by the terms of this
Agreement is due on any day that is not a Trading Day, the same shall instead be
due on the next succeeding day which is a Trading Day.

         (c) THE DAILY PURCHASE AMOUNT; COMPANY'S RIGHT TO DECREASE OR INCREASE
THE DAILY PURCHASE AMOUNT.

<PAGE>

                  (i) THE DAILY PURCHASE AMOUNT. As used herein the term
         "Original Daily Purchase Amount" shall mean Ten Thousand Dollars
         ($10,000) per Trading Day. As used herein, the term "Daily Purchase
         Amount" shall mean initially Ten Thousand Dollars ($10,000) per Trading
         Day, which amount may be increased or decreased from time to time
         pursuant to this Section 1(c).

                  (ii) COMPANY'S RIGHT TO DECREASE THE DAILY PURCHASE AMOUNT.
         The Company shall always have the right at any time to decrease the
         amount of the Daily Purchase Amount by delivering written notice (a
         "Daily Purchase Amount Decrease Notice") to the Buyer which notice
         shall specify the new Daily Purchase Amount. The decrease in the Daily
         Purchase Amount shall become effective one Trading Day after receipt by
         the Buyer of the Daily Purchase Amount Decrease Notice. Any purchases
         by the Buyer which have a Purchase Date on or prior to the first (1st)
         Trading Day after receipt by the Buyer of a Daily Purchase Amount
         Decrease Notice must be honored by the Company as otherwise provided
         herein. The decrease in the Daily Purchase Amount shall remain in
         effect until the Company delivers to the Buyer a Daily Purchase Amount
         Increase Notice (as defined below).

                   (iii) COMPANY'S RIGHT TO INCREASE THE DAILY PURCHASE AMOUNT.
         The Company shall have the right (but not the obligation) to increase
         the amount of the Daily Purchase Amount in accordance with the terms
         and conditions set forth in this Section 1(c)(iii) by delivering
         written notice to the Buyer stating the new amount of the Daily
         Purchase Amount (a "Daily Purchase Amount Increase Notice"). A Daily
         Purchase Amount Increase Notice shall be effective five (5) Trading
         Days after receipt by the Buyer. The Company shall always have the
         right at any time to increase the amount of the Daily Purchase Amount
         up to the Original Daily Purchase Amount. With respect to increases in
         the Daily Purchase Amount above the Original Daily Purchase Amount, as
         the market price for the Common Stock increases the Company shall have
         the right from time to time to increase the Daily Purchase Amount as
         follows. For every $0.10 increase in Threshold Price above $0.20
         (subject to equitable adjustment for any reorganization,
         recapitalization, non-cash dividend, stock split or other similar
         transaction), the Company shall have the right to increase the Daily
         Purchase Amount by up to an additional $1,000 in excess of the Original
         Daily Purchase Amount. "Threshold Price" for purposes hereof means the
         lowest Sale Price of the Common Stock during the five (5) consecutive
         Trading Days immediately prior to the submission to the Buyer of a
         Daily Purchase Amount Increase Notice (subject to equitable adjustment
         for any reorganization, recapitalization, non-cash dividend, stock
         split or other similar transaction). For example, if the Threshold
         Price is $0.30, the Company shall have the right to increase the Daily
         Purchase Amount to up to $11,000 in the aggregate. If the Threshold
         Price is $0.50, the Company shall have the right to increase the Daily
         Purchase Amount to up to $13,000 in the aggregate. Any increase in the
         amount of the Daily Purchase Amount shall continue in effect until the
         delivery to the Buyer of a Daily Purchase Amount Decrease Notice.
         However, if at any time during any Trading Day the Sale Price of the
         Common Stock is below the applicable Threshold Price, such increase in
         the Daily Purchase Amount shall be void and the Buyer's obligations to
         buy Purchase Shares hereunder in excess of the applicable maximum Daily
         Purchase Amount shall be terminated. Thereafter, the Company shall
         again have the right to increase the amount of the Daily Purchase
         Amount as set forth herein by delivery of a new Daily Purchase Amount
         Increase Notice only if the Sale Price of the Common Stock is above the
         applicable Threshold Price on each of five (5) consecutive Trading Days
         immediately prior to such new Daily Purchase Amount Increase Notice.

<PAGE>

         (d) LIMITATIONS ON PURCHASES.

                  (i) LIMITATION ON BENEFICIAL OWNERSHIP. The Company shall not
         effect any sale under this Agreement and the Buyer shall not have the
         right to purchase shares of Common Stock under this Agreement to the
         extent that after giving effect to such purchase the Buyer together
         with its affiliates would beneficially own in excess of 4.9% of the
         outstanding shares of the Common Stock following such purchase. For
         purposes hereof, the number of shares of Common Stock beneficially
         owned by the Buyer and its affiliates or acquired by the Buyer and its
         affiliates, as the case may be, shall include the number of shares of
         Common Stock issuable in connection with a purchase under this
         Agreement with respect to which the determination is being made, but
         shall exclude the number of shares of Common Stock which would be
         issuable upon (1) a purchase of the remaining Available Amount which
         has not been submitted for purchase, and (2) exercise or conversion of
         the unexercised or unconverted portion of any other securities of the
         Company (including, without limitation, any warrants) subject to a
         limitation on conversion or exercise analogous to the limitation
         contained herein beneficially owned by the Buyer and its affiliates. If
         the 4.9% limitation is ever reached the Company shall have the option
         to increase such limitation to 9.9% by delivery of written notice to
         the Buyer. Thereafter, if the 9.9% limitation is ever reached this
         shall not affect or limit the Buyer's obligation to purchase the Daily
         Purchase Amount as otherwise provided in this Agreement. Specifically,
         even though the Buyer may not receive additional shares of Common Stock
         in the event that the 9.9% limitation is ever reached, the Buyer is
         still obligated to pay to the Company the Daily Purchase Amount on each
         Trading Day as otherwise obligated under this Agreement, e.g. no Event
         of Default (as defined in Section 9 hereof) has occurred, nor any event
         which, after notice and/or lapse of time, would become an Event of
         Default. Under such circumstances, the Buyer would have the right to
         acquire additional shares of Common Stock in the future only at such
         time as its ownership subsequently become less than the 9.9%
         limitation. For purposes of this Section, in determining the number of
         outstanding shares of Common Stock the Buyer may rely on the number of
         outstanding shares of Common Stock as reflected in (1) the Company's
         most recent Form 10-Q or Form 10-K, as the case may be, (2) a more
         recent public announcement by the Company or (3) any other written
         communication by the Company or its Transfer Agent setting forth the
         number of shares of Common Stock outstanding. Upon the reasonable
         written or oral request of the Buyer, the Company shall promptly
         confirm orally and in writing to the Buyer the number of shares of
         Common Stock then outstanding. In any case, the number of outstanding
         shares of Common Stock shall be determined after giving effect to any
         purchases under this Agreement by the Buyer since the date as of which
         such number of outstanding shares of Common Stock was reported. Except
         as otherwise set forth herein, for purposes of this Section 1(d)(i),
         beneficial ownership shall be determined in accordance with Section
         13(d) of the Securities Exchange Act of 1934, as amended.

                  (ii) COMPANY'S RIGHT TO SUSPEND PURCHASES. The Company may, at
         any time, give written notice (a "Purchase Suspension Notice") to the
         Buyer suspending purchases of Purchase Shares by the Buyer under this
         Agreement. The Purchase Suspension Notice shall be effective only for
         purchases that have a Purchase Date later than one (1) Trading Day
         after receipt of the Purchase Suspension Notice by the Buyer. Any
         purchase by the Buyer that has a Purchase Date on or prior to the first
         (1st) Trading Day after receipt by the Buyer of a Purchase Suspension

<PAGE>

         Notice from the Company must be honored by the Company as otherwise
         provided herein. Such purchase suspension shall continue in effect
         until a revocation in writing by the Company, at its sole discretion.
         So long as a Purchase Suspension Notice is in effect, the Buyer shall
         not be obligated to purchase any Purchase Shares from the Company under
         Section 1 of this Agreement.

                  (iii) PURCHASE PRICE FLOOR. The Company shall not affect any
         sales under this Agreement and the Buyer shall not have the right nor
         the obligation to purchase any Purchase Shares under this Agreement on
         any Trading Day where the Purchase Price for any purchases of Purchase
         Shares would be less than the Floor Price.

         (e) RECORDS OF PURCHASES. The Buyer and the Company shall each maintain
records showing the remaining Available Amount at any give time and the dates
and Purchase Amounts for each purchase or shall use such other method,
reasonably satisfactory to the Buyer and the Company.

         (f) TAXES. The Company shall pay any and all transfer, stamp or similar
taxes that may be payable with respect to the issuance and delivery of any
shares of Common Stock to the Buyer made under this Agreement.

         2.       BUYER'S REPRESENTATIONS AND WARRANTIES.

         The Buyer represents and warrants to the Company that as of the date
hereof and as of the Commencement Date:

         (a) INVESTMENT PURPOSE. The Buyer is entering into this Agreement and
acquiring the Commitment Shares, (as defined in Section 4(f) hereof) (this
Agreement and the Commitment Shares are collectively referred to herein as the
"Securities"), for its own account for investment only and not with a view
towards, or for resale in connection with, the public sale or distribution
thereof; provided however, by making the representations herein, the Buyer does
not agree to hold any of the Securities for any minimum or other specific term.

         (b) ACCREDITED INVESTOR STATUS. The Buyer is an "accredited investor"
as that term is defined in Rule 501(a)(3) of Regulation D.

         (c) RELIANCE ON EXEMPTIONS. The Buyer understands that the Securities
are being offered and sold to it in reliance on specific exemptions from the
registration requirements of United States federal and state securities laws and
that the Company is relying in part upon the truth and accuracy of, and the
Buyer's compliance with, the representations, warranties, agreements,
acknowledgments and understandings of the Buyer set forth herein in order to
determine the availability of such exemptions and the eligibility of the Buyer
to acquire the Securities.

         (d) INFORMATION. The Buyer has been furnished with all materials
relating to the business, finances and operations of the Company and materials
relating to the offer and sale of the Securities that have been reasonably
requested by the Buyer, including, without limitation, the SEC Documents (as
defined in Section 3(f) hereof). The Buyer understands that its investment in
the Securities involves a high degree of risk. The Buyer (i) is able to bear the

<PAGE>

economic risk of an investment in the Securities including a total loss, (ii)
has such knowledge and experience in financial and business matters that it is
capable of evaluating the merits and risks of the proposed investment in the
Securities and (iii) has had an opportunity to ask questions of and receive
answers from the officers of the Company concerning the financial condition and
business of the Company and others matters related to an investment in the
Securities. Neither such inquiries nor any other due diligence investigations
conducted by the Buyer or its representatives shall modify, amend or affect the
Buyer's right to rely on the Company's representations and warranties contained
in Section 3 below. The Buyer has sought such accounting, legal and tax advice
as it has considered necessary to make an informed investment decision with
respect to its acquisition of the Securities.

         (e) NO GOVERNMENTAL REVIEW. The Buyer understands that no United States
federal or state agency or any other government or governmental agency has
passed on or made any recommendation or endorsement of the Securities or the
fairness or suitability of the investment in the Securities nor have such
authorities passed upon or endorsed the merits of the offering of the
Securities.

         (f) TRANSFER OR RESALE. The Buyer understands that except as provided
in the Registration Rights Agreement (as defined in Section 4(a) hereof): (i)
the Securities have not been and are not being registered under the 1933 Act or
any state securities laws, and may not be offered for sale, sold, assigned or
transferred unless (A) subsequently registered thereunder or (B) an exemption
exists permitting such Securities to be sold, assigned or transferred without
such registration; (ii) any sale of the Securities made in reliance on Rule 144
may be made only in accordance with the terms of Rule 144 and further, if Rule
144 is not applicable, any resale of the Securities under circumstances in which
the seller (or the person through whom the sale is made) may be deemed to be an
underwriter (as that term is defined in the 1933 Act) may require compliance
with some other exemption under the 1933 Act or the rules and regulations of the
SEC thereunder; and (iii) neither the Company nor any other person is under any
obligation to register the Securities under the 1933 Act or any state securities
laws or to comply with the terms and conditions of any exemption thereunder.

         (g) VALIDITY; ENFORCEMENT. This Agreement has been duly and validly
authorized, executed and delivered on behalf of the Buyer and is a valid and
binding agreement of the Buyer enforceable against the Buyer in accordance with
its terms, subject as to enforceability to general principles of equity and to
applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and
other similar laws relating to, or affecting generally, the enforcement of
applicable creditors' rights and remedies.

         (h) RESIDENCY. The Buyer is a resident of the State of Illinois.

         (i) NO PRIOR SHORT SELLING. The Buyer represents and warrants to the
Company that at no time prior to the date of this Agreement has any of the
Buyer, its agents, representatives or affiliates engaged in or effected, in any
manner whatsoever, directly or indirectly, any (i) "short sale" (as such term is
defined in Rule 3b-3 of the 1934 Act) of the Common Stock or (ii) hedging
transaction, which establishes a net short position with respect to the Common
Stock.

         3. REPRESENTATIONS AND WARRANTIES OF THE COMPANY.

         The Company represents and warrants to the Buyer that as of the date
hereof and as of the Commencement Date:

<PAGE>

         (a) ORGANIZATION AND QUALIFICATION. The Company and its "Subsidiaries"
(which for purposes of this Agreement means any entity in which the Company,
directly or indirectly, owns 50% or more of the voting stock or capital stock or
other similar equity interests) are corporations duly organized and validly
existing in good standing under the laws of the jurisdiction in which they are
incorporated, and have the requisite corporate power and authority to own their
properties and to carry on their business as now being conducted. Each of the
Company and its Subsidiaries is duly qualified as a foreign corporation to do
business and is in good standing in every jurisdiction in which its ownership of
property or the nature of the business conducted by it makes such qualification
necessary, except to the extent that the failure to be so qualified or be in
good standing could not reasonably be expected to have a Material Adverse
Effect. As used in this Agreement, "Material Adverse Effect" means any material
adverse effect on any of: (i) the business, properties, assets, operations,
results of operations or financial condition of the Company and its
Subsidiaries, if any, taken as a whole, or (ii) the authority or ability of the
Company to perform its obligations under the Transaction Documents (as defined
in Section 3(b) hereof). The Company has no Subsidiaries except as set forth on
Schedule 3(a).

         (b) AUTHORIZATION; ENFORCEMENT; VALIDITY. (i) The Company has the
requisite corporate power and authority to enter into and perform its
obligations under this Agreement, the Registration Rights Agreement and each of
the other agreements entered into by the parties on the Commencement Date and
attached hereto as exhibits to this Agreement (collectively, the "Transaction
Documents"), and to issue the Securities in accordance with the terms hereof and
thereof, (ii) the execution and delivery of the Transaction Documents by the
Company and the consummation by it of the transactions contemplated hereby and
thereby, including without limitation, the issuance of the Commitment Shares and
the reservation for issuance and the issuance of the Purchase Shares issuable
under this Agreement, have been duly authorized by the Company's Board of
Directors and no further consent or authorization is required by the Company,
its Board of Directors or its shareholders, (iii) this Agreement has been, and
each other Transaction Document shall be on the Commencement Date, duly executed
and delivered by the Company and (iv) this Agreement constitutes, and each other
Transaction Document upon its execution on behalf of the Company, shall
constitute, the valid and binding obligations of the Company enforceable against
the Company in accordance with their terms, except as such enforceability may be
limited by general principles of equity or applicable bankruptcy, insolvency,
reorganization, moratorium, liquidation or similar laws relating to, or
affecting generally, the enforcement of creditors' rights and remedies. The
Board of Directors of the Company has approved the resolutions (the "Signing
Resolutions") substantially in the form as set forth as EXHIBIT C-1 attached
hereto to authorize this Agreement and the transactions contemplated hereby. The
Signing Resolutions are valid, in full forth and effect and have not been
modified or supplemented in any respect other than by the resolutions set forth
in EXHIBIT C-2 attached hereto regarding the registration statement referred to
in Section 4 hereof. The Company has delivered to the Buyer a true and correct
copy of a unanimous written consent adopting the Signing Resolutions executed by
all of the members of the Board of Directors of the Company. No other approvals
or consents of the Company's Board of Directors and/or shareholders is necessary
under applicable laws and the Company's Certificate of Incorporation and/or
Bylaws to authorize the execution and delivery of this Agreement or any of the
transactions contemplated hereby, including, but not limited to, the issuance of
the Commitment Shares and the issuance of the Purchase Shares.

<PAGE>

         (c) CAPITALIZATION. As of the date hereof, the authorized capital stock
of the Company consists of (i) 100,000,000 shares of Common Stock, of which as
of the date hereof, 60,985,852 shares are issued and outstanding, none are held
as treasury shares, 5,000,000 shares are reserved for issuance pursuant to the
Company's stock option plans of which only approximately 4,600,000 shares remain
available for future grants and 462,500 shares are issuable and reserved for
issuance pursuant to securities (other than stock options issued pursuant to the
Company's stock option plans) exercisable or exchangeable for, or convertible
into, shares of Common Stock and (ii) 2,000,000 shares of Preferred Stock,
$0.001 par value of which 200,000 shares of Series A Convertible Preferred Stock
(the "Series A") are reserved for issuance. The Series A have a liquidation
preference of $2.00 per share. All of such outstanding shares have been, or upon
issuance will be, validly issued and are fully paid and nonassessable. Except as
disclosed in Schedule 3(c), (i) no shares of the Company's capital stock are
subject to preemptive rights or any other similar rights or any liens or
encumbrances suffered or permitted by the Company, (ii) there are no outstanding
debt securities, (iii) there are no outstanding options, warrants, scrip, rights
to subscribe to, calls or commitments of any character whatsoever relating to,
or securities or rights convertible into, any shares of capital stock of the
Company or any of its Subsidiaries, or contracts, commitments, understandings or
arrangements by which the Company or any of its Subsidiaries is or may become
bound to issue additional shares of capital stock of the Company or any of its
Subsidiaries or options, warrants, scrip, rights to subscribe to, calls or
commitments of any character whatsoever relating to, or securities or rights
convertible into, any shares of capital stock of the Company or any of its
Subsidiaries, (iv) there are no agreements or arrangements under which the
Company or any of its Subsidiaries is obligated to register the sale of any of
their securities under the 1933 Act (except the Registration Rights Agreement),
(v) there are no outstanding securities or instruments of the Company or any of
its Subsidiaries which contain any redemption or similar provisions, and there
are no contracts, commitments, understandings or arrangements by which the
Company or any of its Subsidiaries is or may become bound to redeem a security
of the Company or any of its Subsidiaries, (vi) there are no securities or
instruments containing anti-dilution or similar provisions that will be
triggered by the issuance of the Securities as described in this Agreement and
(vii) the Company does not have any stock appreciation rights or "phantom stock"
plans or agreements or any similar plan or agreement. The Company has furnished
to the Buyer true and correct copies of the Company's Certificate of
Incorporation, as amended and as in effect on the date hereof (the "Certificate
of Incorporation"), and the Company's By-laws, as amended and as in effect on
the date hereof (the "By-laws"), and summaries of the terms of all securities
convertible into or exercisable for Common Stock, if any, and copies of any
documents containing the material rights of the holders thereof in respect
thereto.

         (d) ISSUANCE OF SECURITIES. The Commitment Shares have been duly
authorized and, upon issuance in accordance with the terms hereof, the
Commitment Shares shall be (i) validly issued, fully paid and non-assessable and
(ii) free from all taxes, liens and charges with respect to the issue thereof.
20,000,000 shares of Common Stock have been duly authorized and reserved for
issuance upon purchase under this Agreement. 1,978,022 shares of Common Stock
(subject to equitable adjustment for any reorganization, recapitalization,
non-cash dividend, stock split or other similar transaction) have been duly
authorized and reserved for issuance as Additional Commitment Shares in
accordance with Section 4(f) this Agreement. Upon issuance and payment therefor
in accordance with the terms and conditions of this Agreement, the Purchase
Shares shall be validly issued, fully paid and nonassessable and free from all
taxes, liens and charges with respect to the issue thereof, with the holders
being entitled to all rights accorded to a holder of Common Stock.

         (e) NO CONFLICTS. Except as disclosed in Schedule 3(e), the execution,
delivery and performance of the Transaction Documents by the Company and the
consummation by the Company of the transactions contemplated hereby and thereby
(including, without limitation, the reservation for issuance and issuance of the
Purchase Shares) will not (i) result in a violation of the Certificate of
Incorporation, any Certificate of Designations, Preferences and Rights of any

<PAGE>

outstanding series of preferred stock of the Company or the By-laws or (ii)
conflict with, or constitute a default (or an event which with notice or lapse
of time or both would become a default) under, or give to others any rights of
termination, amendment, acceleration or cancellation of, any agreement,
indenture or instrument to which the Company or any of its Subsidiaries is a
party, or result in a violation of any law, rule, regulation, order, judgment or
decree (including federal and state securities laws and regulations and the
rules and regulations of the Principal Market applicable to the Company or any
of its Subsidiaries) or by which any property or asset of the Company or any of
its Subsidiaries is bound or affected, except in the case of conflicts, defaults
and violations under clause (ii), which could not reasonably be expected to
result in a Material Adverse Effect. Except as disclosed in Schedule 3(e),
neither the Company nor its Subsidiaries is in violation of any term of or in
default under its Certificate of Incorporation, any Certificate of Designation,
Preferences and Rights of any outstanding series of preferred stock of the
Company or By-laws or their organizational charter or by-laws, respectively.
Except as disclosed in Schedule 3(e), neither the Company nor any of its
Subsidiaries is in violation of any term of or is in default under any material
contract, agreement, mortgage, indebtedness, indenture, instrument, judgment,
decree or order or any statute, rule or regulation applicable to the Company or
its Subsidiaries, except for possible conflicts, defaults, terminations or
amendments which could not reasonably be expected to have a Material Adverse
Effect. The business of the Company and its Subsidiaries is not being conducted,
and shall not be conducted, in violation of any law, ordinance, regulation of
any governmental entity, except for possible violations, the sanctions for which
either individually or in the aggregate could not reasonably be expected to have
a Material Adverse Effect. Except as specifically contemplated by this Agreement
and as required under the 1933 Act or applicable state securities laws, the
Company is not required to obtain any consent, authorization or order of, or
make any filing or registration with, any court or governmental agency or any
regulatory or self-regulatory agency in order for it to execute, deliver or
perform any of its obligations under or contemplated by the Transaction
Documents in accordance with the terms hereof or thereof. Except as disclosed in
Schedule 3(e), all consents, authorizations, orders, filings and registrations
which the Company is required to obtain pursuant to the preceding sentence shall
be obtained or effected on or prior to the Commencement Date. Except as listed
in Schedule 3(e), since January 1, 2002, the Company has not received nor
delivered any notices or correspondence from or to the Principal Market. The
Principal Market has not commenced any delisting proceedings against the
Company.

         (f) SEC DOCUMENTS; FINANCIAL STATEMENTS. Except as disclosed in
Schedule 3(f), since January 1, 2002, the Company has timely filed all reports,
schedules, forms, statements and other documents required to be filed by it with
the SEC pursuant to the reporting requirements of the Securities Exchange Act of
1934, as amended (the "1934 Act") (all of the foregoing filed prior to the date
hereof and all exhibits included therein and financial statements and schedules
thereto and documents incorporated by reference therein being hereinafter
referred to as the "SEC Documents"). As of their respective dates (except as
they have been correctly amended), the SEC Documents complied in all material
respects with the requirements of the 1934 Act and the rules and regulations of
the SEC promulgated thereunder applicable to the SEC Documents, and none of the
SEC Documents, at the time they were filed with the SEC (except as they may have
been properly amended), contained any untrue statement of a material fact or
omitted to state a material fact required to be stated therein or necessary in
order to make the statements therein, in light of the circumstances under which
they were made, not misleading. As of their respective dates (except as they
have been properly amended), the financial statements of the Company included in
the SEC Documents complied as to form in all material respects with applicable
accounting requirements and the published rules and regulations of the SEC with
respect thereto. Such financial statements have been prepared in accordance with

<PAGE>

generally accepted accounting principles, consistently applied, during the
periods involved (except (i) as may be otherwise indicated in such financial
statements or the notes thereto or (ii) in the case of unaudited interim
statements, to the extent they may exclude footnotes or may be condensed or
summary statements) and fairly present in all material respects the financial
position of the Company as of the dates thereof and the results of its
operations and cash flows for the periods then ended (subject, in the case of
unaudited statements, to normal year-end audit adjustments). Except as listed in
Schedule 3(f), the Company has received no notices or correspondence from the
SEC since January 1, 2002, The SEC has not commenced any enforcement proceedings
against the Company or any of its subsidiaries.

         (g) ABSENCE OF CERTAIN CHANGES. Except as disclosed in Schedule 3(g),
since September 30, 2002, there has been no material adverse change in the
business, properties, operations, financial condition or results of operations
of the Company or its Subsidiaries. The Company has not taken any steps, and
does not currently expect to take any steps, to seek protection pursuant to any
Bankruptcy Law nor does the Company or any of its Subsidiaries have any
knowledge or reason to believe that its creditors intend to initiate involuntary
bankruptcy or insolvency proceedings. The Company is financially solvent and is
generally able to pay its debts as they become due.

         (h) ABSENCE OF LITIGATION. There is no action, suit, proceeding,
inquiry or investigation before or by any court, public board, government
agency, self-regulatory organization or body pending or, to the knowledge of the
Company or any of its Subsidiaries, threatened against or affecting the Company,
the Common Stock or any of the Company's Subsidiaries or any of the Company's or
the Company's Subsidiaries' officers or directors in their capacities as such,
which could reasonably be expected to have a Material Adverse Effect. A
description of each action, suit, proceeding, inquiry or investigation before or
by any court, public board, government agency, self-regulatory organization or
body which, as of the date of this Agreement, is pending or threatened in
writing against or affecting the Company, the Common Stock or any of the
Company's Subsidiaries or any of the Company's or the Company's Subsidiaries'
officers or directors in their capacities as such, is set forth in Schedule
3(h).

         (i) ACKNOWLEDGMENT REGARDING BUYER'S STATUS. The Company acknowledges
and agrees that the Buyer is acting solely in the capacity of arm's length
purchaser with respect to the Transaction Documents and the transactions
contemplated hereby and thereby. The Company further acknowledges that the Buyer
is not acting as a financial advisor or fiduciary of the Company (or in any
similar capacity) with respect to the Transaction Documents and the transactions
contemplated hereby and thereby and any advice given by the Buyer or any of its
representatives or agents in connection with the Transaction Documents and the
transactions contemplated hereby and thereby is merely incidental to the Buyer's
purchase of the Securities. The Company further represents to the Buyer that the
Company's decision to enter into the Transaction Documents has been based solely
on the independent evaluation by the Company and its representatives and
advisors.

         (j) NO GENERAL SOLICITATION. Neither the Company, nor any of its
affiliates, nor any person acting on its or their behalf, has engaged in any
form of general solicitation or general advertising (within the meaning of
Regulation D under the 1933 Act) in connection with the offer or sale of the
Securities.

          (k) DILUTIVE EFFECT. The Company understands and acknowledges that the
number of Purchase Shares purchasable under this Agreement is not fixed and will
vary depending on the Purchase Price at which such shares are purchased. The
Company further acknowledges that its obligation to issue Purchase Shares under
this Agreement in accordance with the terms and conditions hereof is absolute
and unconditional regardless of the dilutive effect that such issuance may have
on the ownership interests of other shareholders of the Company.

<PAGE>

         (l) INTELLECTUAL PROPERTY RIGHTS. The Company and its Subsidiaries own
or possess adequate rights or licenses to use all material trademarks, trade
names, service marks, service mark registrations, service names, patents, patent
rights, copyrights, inventions, licenses, approvals, governmental
authorizations, trade secrets and rights necessary to conduct their respective
businesses as now conducted. Except as set forth on Schedule 3(l), none of the
Company's material trademarks, trade names, service marks, service mark
registrations, service names, patents, patent rights, copyrights, inventions,
licenses, approvals, government authorizations, trade secrets or other
intellectual property rights have expired or terminated, or, by the terms and
conditions thereof, could expire or terminate within two years from the date of
this Agreement. The Company and its Subsidiaries do not have any knowledge of
any infringement by the Company or its Subsidiaries of any material trademark,
trade name rights, patents, patent rights, copyrights, inventions, licenses,
service names, service marks, service mark registrations, trade secret or other
similar rights of others, or of any such development of similar or identical
trade secrets or technical information by others and, except as set forth on
Schedule 3(l), there is no claim, action or proceeding being made or brought
against, or to the Company's knowledge, being threatened against, the Company or
its Subsidiaries regarding trademark, trade name, patents, patent rights,
invention, copyright, license, service names, service marks, service mark
registrations, trade secret or other infringement, which could reasonably be
expected to have a Material Adverse Effect.

         (m) ENVIRONMENTAL LAWS. The Company and its Subsidiaries (i) are in
compliance with any and all applicable foreign, federal, state and local laws
and regulations relating to the protection of human health and safety, the
environment or hazardous or toxic substances or wastes, pollutants or
contaminants ("Environmental Laws"), (ii) have received all permits, licenses or
other approvals required of them under applicable Environmental Laws to conduct
their respective businesses and (iii) are in compliance with all terms and
conditions of any such permit, license or approval, except where, in each of the
three foregoing clauses, the failure to so comply could not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect.

         (n) TITLE. The Company and its Subsidiaries have good and marketable
title in fee simple to all real property and good and marketable title to all
personal property owned by them which is material to the business of the Company
and its Subsidiaries, in each case free and clear of all liens, encumbrances and
defects except such as are described in Schedule 3(n) or such as do not
materially affect the value of such property and do not interfere with the use
made and proposed to be made of such property by the Company and any of its
Subsidiaries. Any real property and facilities held under lease by the Company
and any of its Subsidiaries are held by them under valid, subsisting and
enforceable leases with such exceptions as are not material and do not interfere
with the use made and proposed to be made of such property and buildings by the
Company and its Subsidiaries.

         (o) INSURANCE. The Company and each of its Subsidiaries are insured by
insurers of recognized financial responsibility against such losses and risks
and in such amounts as management of the Company believes to be prudent and
customary in the businesses in which the Company and its Subsidiaries are
engaged. Neither the Company nor any such Subsidiary has been refused any
insurance coverage sought or applied for and neither the Company nor any such
Subsidiary has any reason to believe that it will not be able to renew its
existing insurance coverage as and when such coverage expires or to obtain
similar coverage from similar insurers as may be necessary to continue its
business at a cost that would not materially and adversely affect the condition,
financial or otherwise, or the earnings, business or operations of the Company
and its Subsidiaries, taken as a whole.

<PAGE>

         (p) REGULATORY PERMITS. The Company and its Subsidiaries possess all
material certificates, authorizations and permits issued by the appropriate
federal, state or foreign regulatory authorities necessary to conduct their
respective businesses, and neither the Company nor any such Subsidiary has
received any notice of proceedings relating to the revocation or modification of
any such certificate, authorization or permit.

         (q) TAX STATUS. The Company and each of its Subsidiaries has made or
filed all federal and state income and all other material tax returns, reports
and declarations required by any jurisdiction to which it is subject (unless and
only to the extent that the Company and each of its Subsidiaries has set aside
on its books provisions reasonably adequate for the payment of all unpaid and
unreported taxes) and has paid all taxes and other governmental assessments and
charges that are material in amount, shown or determined to be due on such
returns, reports and declarations, except those being contested in good faith
and has set aside on its books provision reasonably adequate for the payment of
all taxes for periods subsequent to the periods to which such returns, reports
or declarations apply. There are no unpaid taxes in any material amount claimed
to be due by the taxing authority of any jurisdiction, and the officers of the
Company know of no basis for any such claim.

         (r) TRANSACTIONS WITH AFFILIATES. Except as set forth on Schedule 3(r)
and other than the grant or exercise of stock options disclosed on Schedule
3(c), none of the officers, directors, or employees of the Company is presently
a party to any transaction with the Company or any of its Subsidiaries (other
than for services as employees, officers and directors), including any contract,
agreement or other arrangement providing for the furnishing of services to or
by, providing for rental of real or personal property to or from, or otherwise
requiring payments to or from any officer, director or such employee or, to the
knowledge of the Company, any corporation, partnership, trust or other entity in
which any officer, director, or any such employee has an interest or is an
officer, director, trustee or partner.

         (s) APPLICATION OF TAKEOVER PROTECTIONS. The Company and its board of
directors have taken or will take prior to the Commencement Date all necessary
action, if any, in order to render inapplicable any control share acquisition,
business combination, poison pill (including any distribution under a rights
agreement) or other similar anti-takeover provision under the Certificate of
Incorporation or the laws of the state of its incorporation which is or could
become applicable to the Buyer as a result of the transactions contemplated by
this Agreement, including, without limitation, the Company's issuance of the
Securities and the Buyer's ownership of the Securities.

         (t) FOREIGN CORRUPT PRACTICES. Neither the Company, nor any of its
Subsidiaries, nor any director, officer, agent, employee or other person acting
on behalf of the Company or any of its Subsidiaries has, in the course of its
actions for, or on behalf of, the Company, used any corporate funds for any
unlawful contribution, gift, entertainment or other unlawful expenses relating
to political activity; made any direct or indirect unlawful payment to any
foreign or domestic government official or employee from corporate funds;
violated or is in violation of any provision of the U.S. Foreign Corrupt
Practices Act of 1977, as amended; or made any unlawful bribe, rebate, payoff,
influence payment, kickback or other unlawful payment to any foreign or domestic
government official or employee.

<PAGE>

         4. COVENANTS.

         (a) FILING OF REGISTRATION STATEMENT. The Company shall within ten (10)
Trading Days from the date hereof file a new registration statement covering the
sale of the Commitment Shares and at least 20,000,000 Purchase Shares in
accordance with the terms of the Registration Rights Agreement between the
Company and the Buyer, dated as of the date hereof ("Registration Rights
Agreement.").

         (b) BLUE SKY. The Company shall take such action, if any, as is
reasonably necessary in order to obtain an exemption for or to qualify (i) the
initial sale of the Commitment Shares and any Purchase Shares to the Buyer under
this Agreement and (ii) any subsequent resale of the Commitment Shares and any
Purchase Shares by the Buyer, in each case, under applicable securities or "Blue
Sky" laws of the states of the United States in such states as is reasonably
requested by the Buyer from time to time, and shall provide evidence of any such
action so taken to the Buyer.

         (c) NO VARIABLE PRICED FINANCING. Other than pursuant to this
Agreement, the Company agrees that beginning on the date of this Agreement and
ending on the date of termination of this Agreement (as provided in Section
11(k) hereof), neither the Company nor any of its Subsidiaries shall, without
the prior written consent of the Buyer, contract for any equity financing
(including any debt financing with an equity component) or issue any equity
securities of the Company or any Subsidiary or securities convertible or
exchangeable into or for equity securities of the Company or any Subsidiary
(including debt securities with an equity component) which, in any case (i) are
convertible into or exchangeable for an indeterminate number of shares of common
stock, (ii) are convertible into or exchangeable for Common Stock at a price
which varies with the market price of the Common Stock, (iii) directly or
indirectly provide for any "re-set" or adjustment of the purchase price,
conversion rate or exercise price after the issuance of the security, or (iv)
contain any "make-whole" provision based upon, directly or indirectly, the
market price of the Common Stock after the issuance of the security, in each
case, other than reasonable and customary anti-dilution adjustments for issuance
of shares of Common Stock at a price which is below the market price of the
Common Stock.

         (d) LISTING. The Company shall promptly secure the listing of all of
the Purchase Shares and Commitment Shares upon each national securities exchange
and automated quotation system, if any, upon which shares of Common Stock are
then listed (subject to official notice of issuance) and shall maintain, so long
as any other shares of Common Stock shall be so listed, such listing of all such
securities from time to time issuable under the terms of the Transaction
Documents. The Company shall maintain the Common Stock's authorization for
quotation on the Principal Market. Neither the Company nor any of its
Subsidiaries shall take any action that would be reasonably expected to result
in the delisting or suspension of the Common Stock on the Principal Market. The
Company shall promptly, and in no event later than the following Trading Day,
provide to the Buyer copies of any notices it receives from the Principal Market
regarding the continued eligibility of the Common Stock for listing on such
automated quotation system or securities exchange. The Company shall pay all
fees and expenses in connection with satisfying its obligations under this
Section.

<PAGE>

         (e) LIMITATION ON SHORT SALES AND HEDGING TRANSACTIONS. The Buyer
agrees that beginning on the date of this Agreement and ending on the date of
termination of this Agreement as provided in Section 11(k), the Buyer and its
agents, representatives and affiliates shall not in any manner whatsoever enter
into or effect, directly or indirectly, any (i) "short sale" (as such term is
defined in Rule 3b-3 of the 1934 Act) of the Common Stock or (ii) hedging
transaction, which establishes a net short position with respect to the Common
Stock.

         (f) ISSUANCE OF COMMITMENT SHARES; LIMITATION ON SALES OF COMMITMENT
SHARES. Immediately upon the execution of this Agreement, the Company shall
issue to the Buyer 1,678,022 shares of Common Stock (the "Initial" Commitment
Shares"). At such time as the Available Amount is $3,000,000, the Company shall
immediately issue to the Buyer 1,978,022 shares of Common Stock (the "Additional
Commitment Shares" and together with the Initial Commitment Shares, the
"Commitment Shares"). The Additional Commitment Shares shall be equitably
adjusted for any reorganization, recapitalization, non-cash dividend, stock
split or other similar transaction. The Initial Commitment Shares shall be
issued in certificated form and (subject to Section 5 hereof) shall bear the
following restrictive legend:

         "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
         REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE
         STATE SECURITIES LAWS. THE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT
         AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED IN THE
         ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER
         THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
         LAWS, OR AN OPINION OF BUYER'S COUNSEL, IN A CUSTOMARY FORM, THAT
         REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR APPLICABLE STATE
         SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID ACT."

           The Buyer agrees that the Buyer shall not transfer or sell the
Commitment Shares until the earlier of 600 Trading Days (30 Monthly Periods)
from the date hereof or the date on which this Agreement has been terminated,
provided, however, that such restrictions shall not apply: (i) in connection
with any transfers to or among affiliates (as defined in the 1934 Act), (ii) in
connection with any pledge in connection with a bona fide loan or margin
account, (iii) in the event that the Commencement does not occur on or before
June 30, 2003, due to the failure of the Company to satisfy the conditions set
forth in Section 7 or (iv) if an Event of Default has occurred, or any event
which, after notice and/or lapse of time, would become an Event of Default,
including any failure by the Company to timely issue Purchase Shares under this
Agreement. Notwithstanding the forgoing, the Buyer may transfer Commitment
Shares to a third party in order to settle a sale made by the Buyer where the
Buyer reasonably expects the Company to deliver Purchase Shares to the Buyer
under this Agreement so long as the Buyer maintains ownership of the same
overall number of shares of Common Stock by "replacing" the Commitment Shares so
transferred with Purchase Shares when the Purchase Shares are actually issued by
the Company to the Buyer.

         (g) DUE DILIGENCE. The Buyer shall have the right, from time to time as
the Buyer may reasonably deem appropriate, to perform reasonable due diligence
on the Company during normal business hours. The Company and its officers and
employees shall provide information and reasonably cooperate with the Buyer in
connection with any reasonable request by the Buyer related to the Buyer's due
diligence of the Company, including, but not limited to, any such request made
by the Buyer in connection with (i) the filing of the registration statement

<PAGE>

described in Section 4(a) hereof and (ii) the Commencement. Each party hereto
agrees not to disclose any Confidential Information of the other party to any
third party and shall not use the Confidential Information for any purpose other
than in connection with, or in furtherance of, the transactions contemplated
hereby. Each party hereto acknowledges that the Confidential Information shall
remain the property of the disclosing party and agrees that it shall take all
reasonable measures to protect the secrecy of any Confidential Information
disclosed by the other party.

         5.       TRANSFER AGENT INSTRUCTIONS.

         Immediately upon the execution of this Agreement, the Company shall
deliver to the Transfer Agent a letter in the form as set forth as EXHIBIT E
attached hereto with respect to the issuance of the Initial Commitment Shares.
On the Commencement Date, the Company shall cause any restrictive legend on the
Initial Commitment Shares and the shares of Common Stock issued to the Buyer
upon signing that certain Term Sheet between the Buyer and the Company and dated
as of March 18, 2003 (the "Signing Shares") to be removed and all of the
Purchase Shares and Additional Commitment Shares, to be issued under this
Agreement shall be issued without any restrictive legend. The Company shall
issue irrevocable instructions to the Transfer Agent, and any subsequent
transfer agent, to issue Purchase Shares in the name of the Buyer for the
Purchase Shares (the "Irrevocable Transfer Agent Instructions"). The Company
warrants to the Buyer that no instruction other than the Irrevocable Transfer
Agent Instructions referred to in this Section 5, will be given by the Company
to the Transfer Agent with respect to the Purchase Shares and that the
Commitment Shares, Signing Shares and the Purchase Shares shall otherwise be
freely transferable on the books and records of the Company as and to the extent
provided in this Agreement and the Registration Rights Agreement subject to the
provisions of Section 4(f) in the case of the Commitment Shares.

         6.       CONDITIONS TO THE COMPANY'S OBLIGATION TO COMMENCE
                  SALES OF SHARES OF COMMON STOCK.

         The obligation of the Company hereunder to commence sales of the
Purchase Shares is subject to the satisfaction of each of the following
conditions on or before the Commencement Date (the date that sales begin) and
once such conditions have been initially satisfied, there shall not be any
ongoing obligation to satisfy such conditions after the Commencement has
occurred; provided that these conditions are for the Company's sole benefit and
may be waived by the Company at any time in its sole discretion by providing the
Buyer with prior written notice thereof:

         (a)      The Buyer shall have executed each of the Transaction
                  Documents and delivered the same to the Company.

         (b)      Subject to the Company's compliance with Section 4(a), a
                  registration statement covering the sale of all of the
                  Commitment Shares, Signing Shares and at least 20,000,000
                  Purchase Shares shall have been declared effective under the
                  1933 Act by the SEC and no stop order with respect to the
                  Registration Statement shall be pending or threatened by the
                  SEC.

         (c)      The representations and warranties of the Buyer shall be true
                  and correct in all material respects as of the date when made
                  and as of the Commencement Date as though made at that time
                  (except for representations and warranties that speak as of a
                  specific date), and the Buyer shall have performed, satisfied
                  and complied in all material respects with the covenants,
                  agreements and conditions required by this Agreement to be
                  performed, satisfied or complied with by the Buyer at or prior
                  to the Commencement Date.

<PAGE>

         7.       CONDITIONS TO THE BUYER'S OBLIGATION TO COMMENCE PURCHASES OF
                  SHARES OF COMMON STOCK.

         The obligation of the Buyer to commence purchases of Purchase Shares
under this Agreement is subject to the satisfaction of each of the following
conditions on or before the Commencement Date (the date that sales begin) and
once such conditions have been initially satisfied, there shall not be any
ongoing obligation to satisfy such conditions after the Commencement has
occurred; provided that these conditions are for the Buyer's sole benefit and
may be waived by the Buyer at any time in its sole discretion by providing the
Company with prior written notice thereof:

         (a) The Company shall have executed each of the Transaction Documents
and delivered the same to the Buyer.

         (b) The Company shall have issued to the Buyer the Initial Commitment
Shares and shall have removed the restrictive transfer legend from the
certificate representing the Initial Commitment Shares and Signing Shares.

         (c) The Common Stock shall be authorized for quotation on the Principal
Market, trading in the Common Stock shall not have been within the last 365 days
suspended by the SEC or the Principal Market and the Purchase Shares and the
Commitment Shares shall be approved for listing upon the Principal Market.

         (d) The Buyer shall have received the opinions of the Company's legal
counsel dated as of the Commencement Date substantially in the form of EXHIBIT A
attached hereto.

         (e) The representations and warranties of the Company shall be true and
correct in all material respects (except to the extent that any of such
representations and warranties is already qualified as to materiality in Section
3 above, in which case, such representations and warranties shall be true and
correct without further qualification) as of the date when made and as of the
Commencement Date as though made at that time (except for representations and
warranties that speak as of a specific date) and the Company shall have
performed, satisfied and complied with the covenants, agreements and conditions
required by the Transaction Documents to be performed, satisfied or complied
with by the Company at or prior to the Commencement Date. The Buyer shall have
received a certificate, executed by the CEO, President or CFO of the Company,
dated as of the Commencement Date, to the foregoing effect in the form attached
hereto as EXHIBIT B.

         (f) The Board of Directors of the Company shall have adopted
resolutions in the form attached hereto as EXHIBIT C which shall be in full
force and effect without any amendment or supplement thereto as of the
Commencement Date.

         (g) As of the Commencement Date, the Company shall have reserved out of
its authorized and unissued Common Stock, (A) solely for the purpose of
effecting purchases of Purchase Shares hereunder, at least 20,000,000 shares of
Common Stock and (B) as Additional Commitment Shares in accordance with Section
4(f) hereof, 1,978,022 shares of Common Stock.

<PAGE>

         (h) The Irrevocable Transfer Agent Instructions, in form acceptable to
the Buyer shall have been delivered to and acknowledged in writing by the
Company and the Company's Transfer Agent.

         (i) The Company shall have delivered to the Buyer a certificate
evidencing the incorporation and good standing of the Company in the State of
Delaware issued by the Secretary of State of the State of Delaware as of a date
within ten (10) Trading Days of the Commencement Date.

         (j) The Company shall have delivered to the Buyer a certified copy of
the Certificate of Incorporation as certified by the Secretary of State of the
State of Delaware within ten (10) Trading Days of the Commencement Date.

         (k) The Company shall have delivered to the Buyer a secretary's
certificate executed by the Secretary of the Company, dated as of the
Commencement Date, in the form attached hereto as EXHIBIT D.

         (l) A registration statement covering the sale of all of the Commitment
Shares, Signing Shares and at least 20,000,000 Purchase Shares shall have been
declared effective under the 1933 Act by the SEC and no stop order with respect
to the registration statement shall be pending or threatened by the SEC. The
Company shall have prepared and delivered to the Buyer a final form of
prospectus to be used by the Buyer in connection with any sales of any
Commitment Shares, Signing Shares or any Purchase Shares. The Company shall have
made all filings under all applicable federal and state securities laws
necessary to consummate the issuance of the Commitment Shares, Signing Shares
and the Purchase Shares pursuant to this Agreement in compliance with such laws.

         (m) No Event of Default has occurred, or any event which, after notice
and/or lapse of time, would become an Event of Default has occurred.

         (n) On or prior to the Commencement Date, the Company shall take all
necessary action, if any, and such actions as reasonably requested by the Buyer,
in order to render inapplicable any control share acquisition, business
combination, shareholder rights plan or poison pill (including any distribution
under a rights agreement) or other similar anti-takeover provision under the
Certificate of Incorporation or the laws of the state of its incorporation which
is or could become applicable to the Buyer as a result of the transactions
contemplated by this Agreement, including, without limitation, the Company's
issuance of the Securities and the Buyer's ownership of the Securities.

         (o) The Company shall have provided the Buyer with the information
requested by the Buyer in connection with its due diligence requests made prior
to, or in connection with, the Commencement, in accordance with the terms of
Section 4(g) hereof.

         8. INDEMNIFICATION.

         In consideration of the Buyer's execution and delivery of the
Transaction Documents and acquiring the Securities hereunder and in addition to
all of the Company's other obligations under the Transaction Documents, the
Company shall defend, protect, indemnify and hold harmless the Buyer and all of
its affiliates, shareholders, officers, directors, employees and direct or
indirect investors and any of the foregoing person's agents or other
representatives (including, without limitation, those retained in connection

<PAGE>

with the transactions contemplated by this Agreement) (collectively, the
"Indemnitees") from and against any and all actions, causes of action, suits,
claims, losses, costs, penalties, fees, liabilities and damages, and expenses in
connection therewith (irrespective of whether any such Indemnitee is a party to
the action for which indemnification hereunder is sought), and including
reasonable attorneys' fees and disbursements (the "Indemnified Liabilities"),
incurred by any Indemnitee as a result of, or arising out of, or relating to (a)
any misrepresentation or breach of any representation or warranty made by the
Company in the Transaction Documents or any other certificate, instrument or
document contemplated hereby or thereby, (b) any breach of any covenant,
agreement or obligation of the Company contained in the Transaction Documents or
any other certificate, instrument or document contemplated hereby or thereby, or
(c) any cause of action, suit or claim brought or made against such Indemnitee
and arising out of or resulting from the execution, delivery, performance or
enforcement of the Transaction Documents or any other certificate, instrument or
document contemplated hereby or thereby, other than with respect to Indemnified
Liabilities which directly and primarily result from the gross negligence or
willful misconduct of the Indemnitee. To the extent that the foregoing
undertaking by the Company may be unenforceable for any reason, the Company
shall make the maximum contribution to the payment and satisfaction of each of
the Indemnified Liabilities which is permissible under applicable law.

         9.       EVENTS OF DEFAULT.

         An "Event of Default" shall be deemed to have occurred at any time as
any of the following events occurs:

         (a) while any registration statement is required to be maintained
effective pursuant to the terms of the Registration Rights Agreement, the
effectiveness of such registration statement lapses for any reason (including,
without limitation, the issuance of a stop order) or is unavailable to the Buyer
for sale of all of the Registrable Securities (as defined in the Registration
Rights Agreement) in accordance with the terms of the Registration Rights
Agreement, and such lapse or unavailability continues for a period of ten (10)
consecutive Trading Days or for more than an aggregate of thirty (30) Trading
Days in any 365-day period;

         (b) the suspension from trading or failure of the Common Stock to be
listed on the Principal Market for a period of three (3) consecutive Trading
Days;

         (c) the delisting of the Company's Common Stock from the Principal
Market, provided, however, that the Common Stock is not immediately thereafter
trading on the New York Stock Exchange, the Nasdaq National Market, the Nasdaq
SmallCap Market, the Nasdaq Bulletin Board Exchange or the American Stock
Exchange;

         (d) the failure for any reason by the Transfer Agent to issue Purchase
Shares to the Buyer within five (5) Trading Days after the applicable Purchase
Date which the Buyer is entitled to receive;

         (e) the Company breaches any representation, warranty, covenant or
other term or condition under any Transaction Document if such breach could have
a Material Adverse Effect and except, in the case of a breach of a covenant
which is reasonably curable, only if such breach continues for a period of at
least ten (10) Trading Days;
<PAGE>

         (f) any payment default under any contract whatsoever or any
acceleration prior to maturity of any mortgage, indenture, contract or
instrument under which there may be issued or by which there may be secured or
evidenced any indebtedness for money borrowed by the Company or for money
borrowed the repayment of which is guaranteed by the Company, whether such
indebtedness or guarantee now exists or shall be created hereafter, which, with
respect to any such payment default or acceleration prior to maturity, is in
excess of $1,000,000;

         (g) if any Person commences a proceeding against the Company pursuant
to or within the meaning of any Bankruptcy Law;

         (h) if the Company pursuant to or within the meaning of any Bankruptcy
Law; (A) commences a voluntary case, (B) consents to the entry of an order for
relief against it in an involuntary case, (C) consents to the appointment of a
Custodian of it or for all or substantially all of its property, (D) makes a
general assignment for the benefit of its creditors, (E) becomes insolvent, or
(F) is generally unable to pay its debts as the same become due; or

         (i) a court of competent jurisdiction enters an order or decree under
any Bankruptcy Law that (A) is for relief against the Company in an involuntary
case, (B) appoints a Custodian of the Company or for all or substantially all of
its property, or (C) orders the liquidation of the Company or any Subsidiary.

In addition to any other rights and remedies under applicable law and this
Agreement, including the Buyer termination rights under Section 11(k) hereof, so
long as an Event of Default has occurred and is continuing, or if any event
which, after notice and/or lapse of time, would become an Event of Default, has
occurred and is continuing, or so long as the Purchase Price is below the
Purchase Price Floor, the Buyer shall not be obligated to purchase any shares of
Common Stock under this Agreement. If pursuant to or within the meaning of any
Bankruptcy Law, the Company commences a voluntary case or any Person commences a
proceeding against the Company, a Custodian is appointed for the Company or for
all or substantially all of its property, or the Company makes a general
assignment for the benefit of its creditors, (any of which would be an Event of
Default as described in Sections 9(g), 9(h) and 9(i) hereof) this Agreement
shall automatically terminate without any liability or payment to the Company
without further action or notice by any Person. No such termination of this
Agreement under Section 11(k)(i) shall affect the Company's or the Buyer's
obligations under this Agreement with respect to pending purchases and the
Company and the Buyer shall complete their respective obligations with respect
to any pending purchases under this Agreement.

         10.      CERTAIN DEFINED TERMS.

         For purposes of this Agreement, the following terms shall have the
following meanings:

         (a) "1933 Act" means the Securities Act of 1933, as amended.

         (b) "Available Amount" means initially Six Million Dollars ($6,000,000)
in the aggregate which amount shall be reduced by the Purchase Amount each time
the Buyer purchases shares of Common Stock pursuant to Section 1 hereof.

         (c) "Bankruptcy Law" means Title 11, U.S. Code, or any similar federal
or state law for the relief of debtors.
<PAGE>

         (d) "Closing Sale Price" means, for any security as of any date, the
last closing trade price for such security on the Principal Market as reported
by Bloomberg, or, if the Principal Market is not the principal securities
exchange or trading market for such security, the last closing trade price of
such security on the principal securities exchange or trading market where such
security is listed or traded as reported by Bloomberg.

         (e) "Confidential Information" means any information disclosed by
either party to the other party, either directly or indirectly, in writing,
orally or by inspection of tangible objects (including, without limitation,
documents, prototypes, samples, plant and equipment), which is designated as
"Confidential," "Proprietary" or some similar designation. Information
communicated orally shall be considered Confidential Information if such
information is confirmed in writing as being Confidential Information within ten
(10) business days after the initial disclosure. Confidential Information may
also include information disclosed to a disclosing party by third parties.
Confidential Information shall not, however, include any information which (i)
was publicly known and made generally available in the public domain prior to
the time of disclosure by the disclosing party; (ii) becomes publicly known and
made generally available after disclosure by the disclosing party to the
receiving party through no action or inaction of the receiving party; (iii) is
already in the possession of the receiving party at the time of disclosure by
the disclosing party as shown by the receiving party's files and records
immediately prior to the time of disclosure; (iv) is obtained by the receiving
party from a third party without a breach of such third party's obligations of
confidentiality; (v) is independently developed by the receiving party without
use of or reference to the disclosing party's Confidential Information, as shown
by documents and other competent evidence in the receiving party's possession;
or (vi) is required by law to be disclosed by the receiving party, provided that
the receiving party gives the disclosing party prompt written notice of such
requirement prior to such disclosure and assistance in obtaining an order
protecting the information from public disclosure.

         (f) "Custodian" means any receiver, trustee, assignee, liquidator or
similar official under any Bankruptcy Law.

         (g) "Floor Price" means initially $0.10, which amount may be increased
or decreased from time to time as provided below, except that in no case shall
the Floor Price be less than $0.05. The Company may at any time give written
notice (a "Floor Price Change Notice") to the Buyer increasing or decreasing the
Floor Price. The Floor Price Change Notice shall be effective only for purchases
that have a Purchase Date later than one (1) Trading Day after receipt of the
Floor Price Change Notice by the Buyer. Any purchase by the Buyer that has a
Purchase Date on or prior to the first Trading Day after receipt of a Floor
Price Change Notice from the Company must be honored by the Company as otherwise
provided herein. The Floor Price shall be appropriately adjusted for any
reorganization, recapitalization, non-cash dividend, stock split or other
similar transaction.

         (h) "Maturity Date" means the date that is 600 Trading Days (30 Monthly
Periods) from the Commencement Date which such date may be extended by up to an
additional six (6) Monthly Periods by the Company, in its sole discretion, by
written notice to the Buyer.

         (i) "Monthly Period" means each successive 20 Trading Day period
commencing with the Commencement Date.

         (j) "Person" means an individual or entity including any limited
liability company, a partnership, a joint venture, a corporation, a trust, an
unincorporated organization and a government or any department or agency
thereof.

<PAGE>

         (k) "Principal Market" means the Nasdaq OTC Bulletin Board; provided
however, that in the event the Company's Common Stock is ever listed or traded
on the Nasdaq National Market, the Nasdaq SmallCap Market, the Nasdaq Bulletin
Board Exchange, the New York Stock Exchange or the American Stock Exchange, than
the "Principal Market" shall mean such other market or exchange on which the
Company's Common Stock is then listed or traded.

         (l) "Purchase Amount" means the portion of the Available Amount to be
purchased by the Buyer pursuant to Section 1 hereof.

         (m) "Purchase Date" means the actual date that the Buyer is to buy
Purchase Shares pursuant to Section 1 hereof.

         (n) "Purchase Price" means, as of any date of determination the lower
of the (A) the lowest Sale Price of the Common Stock on such date of
determination and (B) the arithmetic average of the three (3) lowest Closing
Sale Prices for the Common Stock during the fifteen (15) consecutive Trading
Days ending on the Trading Day immediately preceding such date of determination
(to be appropriately adjusted for any reorganization, recapitalization, non-cash
dividend, stock split or other similar transaction).

         (o) "Sale Price" means, for any security as of any date, any trade
price for such security on the Principal Market as reported by Bloomberg, or, if
the Principal Market is not the principal securities exchange or trading market
for such security, the trade price of such security on the principal securities
exchange or trading market where such security is listed or traded as reported
by Bloomberg.

         (p) "SEC" means the United States Securities and Exchange Commission.

         (q) "Transfer Agent" means the transfer agent of the Company as set
forth in Section 11(f) hereof or such other person who is then serving as the
transfer agent for the Company in respect of the Common Stock.

         (r) "Trading Day" means any day on which the Principal Market is open
for customary trading.

         11. MISCELLANEOUS.

         (a) GOVERNING LAW; JURISDICTION; JURY TRIAL. The corporate laws of the
State of Delaware shall govern all issues concerning the relative rights of the
Company and its shareholders. All other questions concerning the construction,
validity, enforcement and interpretation of this Agreement and the other
Transaction Documents shall be governed by the internal laws of the State of
Illinois, without giving effect to any choice of law or conflict of law
provision or rule (whether of the State of Illinois or any other jurisdictions)
that would cause the application of the laws of any jurisdictions other than the
State of Illinois. Each party hereby irrevocably submits to the exclusive
jurisdiction of the state and federal courts sitting in the City of Chicago, for
the adjudication of any dispute hereunder or under the other Transaction
Documents or in connection herewith or therewith, 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

<PAGE>

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. 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.

         (b) COUNTERPARTS. This Agreement may be executed in two or more
identical counterparts, all of which shall be considered one and the same
agreement and shall become effective when counterparts have been signed by each
party and delivered to the other party; provided that a facsimile signature
shall be considered due execution and shall be binding upon the signatory
thereto with the same force and effect as if the signature were an original, not
a facsimile signature.

         (c) HEADINGS. The headings of this Agreement are for convenience of
reference and shall not form part of, or affect the interpretation of, this
Agreement.

         (d) SEVERABILITY. 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.

         (e) ENTIRE AGREEMENT; AMENDMENTS. With the exception of the Mutual
Nondisclosure Agreement between the parties dated as of March 17, 2003, this
Agreement supersedes all other prior oral or written agreements between the
Buyer, the Company, their affiliates and persons acting on their behalf with
respect to the matters discussed herein, and this Agreement, the other
Transaction Documents and the instruments referenced herein contain the entire
understanding of the parties with respect to the matters covered herein and
therein and, except as specifically set forth herein or therein, neither the
Company nor the Buyer makes any representation, warranty, covenant or
undertaking with respect to such matters. No provision of this Agreement may be
amended other than by an instrument in writing signed by the Company and the
Buyer, and no provision hereof may be waived other than by an instrument in
writing signed by the party against whom enforcement is sought.

         (f) NOTICES. 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 Trading 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:

<PAGE>

If to the Company:
                  Technology Visions Group, Inc.
                  5950 La Place Court, Suite 155
                  Carlsbad, CA 92008-8843
                  Telephone:        760-918-9168
                  Facsimile:        760-918-9213
                  Attention:        Chief Financial Officer

         If to the Buyer:
                  Fusion Capital Fund II, LLC
                  222 Merchandise Mart Plaza, Suite 9-112
                  Chicago, IL 60654
                  Telephone:        312-644-6644
                  Facsimile:        312-644-6244
                  Attention:        Steven G. Martin

         If to the Transfer Agent:
 Mildred Rostolder
                  North American Transfer Company
                  147 W. Merrick Road
                  Freeport, NY 11520-0311
                  Telephone:        516-379-8501
                  Facsimile:        516-379-8525
                  Attention:        Mildred Rostolter

or at 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 three (3) Trading 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, and recipient facsimile number or (C) provided by a nationally recognized
overnight delivery 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.

         (g) SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and
inure to the benefit of the parties and their respective successors and assigns.
The Company shall not assign this Agreement or any rights or obligations
hereunder without the prior written consent of the Buyer, including by merger or
consolidation. The Buyer may not assign its rights or obligations under this
Agreement.

         (h) NO THIRD PARTY BENEFICIARIES. 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.

         (i) PUBLICITY. The Buyer shall have the right to approve before
issuance any press releases or any other public disclosure (including any
filings with the SEC) with respect to the transactions contemplated hereby;
provided, however, that the Company shall be entitled, without the prior
approval of the Buyer, to make any press release or other public disclosure
(including any filings with the SEC) with respect to such transactions as is
required by applicable law and regulations (although the Buyer shall be
consulted by the Company in connection with any such press release or other
public disclosure prior to its release and shall be provided with a copy
thereof).
<PAGE>

         (j) FURTHER ASSURANCES. 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.

         (k) TERMINATION. This Agreement may be terminated only as follows:

                  (i) By the Buyer any time an Event of Default exists without
         any liability or payment to the Company. However, if pursuant to or
         within the meaning of any Bankruptcy Law, the Company commences a
         voluntary case or any Person commences a proceeding against the
         Company, a Custodian is appointed for the Company or for all or
         substantially all of its property, or the Company makes a general
         assignment for the benefit of its creditors, (any of which would be an
         Event of Default as described in Sections 9(g), 9(h) and 9(i) hereof)
         this Agreement shall automatically terminate without any liability or
         payment to the Company without further action or notice by any Person.
         No such termination of this Agreement under this Section 11(k)(i) shall
         affect the Company's or the Buyer's obligations under this Agreement
         with respect to pending purchases and the Company and the Buyer shall
         complete their respective obligations with respect to any pending
         purchases under this Agreement.

                  (ii) In the event that the Commencement shall not have
         occurred, the Company shall have the option to terminate this Agreement
         for any reason or for no reason without liability of any party to any
         other party.

                  (iii) In the event that the Commencement shall not have
         occurred on or before June 30, 2003, due to the failure to satisfy the
         conditions set forth in Sections 6 and 7 above with respect to the
         Commencement (and the nonbreaching party's failure to waive such
         unsatisfied condition(s)), the nonbreaching party shall have the option
         to terminate this Agreement at the close of business on such date or
         thereafter without liability of any party to any other party.

                  (iv) If by the Maturity Date (including any extension thereof
         by the Company pursuant to Section 10(g) hereof), for any reason or for
         no reason the full Available Amount under this Agreement has not been
         purchased as provided for in Section 1 of this Agreement, by the Buyer
         without any liability or payment to the Company.

                  (v) At any time after the Commencement Date, the Company shall
         have the option to terminate this Agreement for any reason or for no
         reason by delivering notice (a "Company Termination Notice") to the
         Buyer electing to terminate this Agreement without any liability or
         payment to the Buyer. The Company Termination Notice shall not be
         effective until one (1) Trading Day after it has been received by the
         Buyer.

                  (vi) This Agreement shall automatically terminate on the date
         that the Company sells and the Buyer purchases the full Available
         Amount as provided herein, without any action or notice on the part of
         any party.
<PAGE>

Except as set forth in Sections 11(k)(i) (in respect of an Event of Default
under Sections 9(g), 9(h) and 9(i)) and 11(k)(vi), any termination of this
Agreement pursuant to this Section 11(k) shall be effected by written notice
from the Company to the Buyer, or the Buyer to the Company, as the case may be,
setting forth the basis for the termination hereof. The representations and
warranties of the Company and the Buyer contained in Sections 2 and 3 hereof,
the indemnification provisions set forth in Section 8 hereof and the agreements
and covenants set forth in Section 11, shall survive the Commencement and any
termination of this Agreement. No termination of this Agreement shall affect the
Company's or the Buyer's obligations under this Agreement with respect to
pending purchases and the Company and the Buyer shall complete their respective
obligations with respect to any pending purchases under this Agreement.

         (l) NO FINANCIAL ADVISOR, PLACEMENT AGENT, BROKER OR FINDER. The
Company represents and warrants to the Buyer that it has not engaged any
financial advisor, placement agent, broker or finder in connection with the
transactions contemplated hereby. The Buyer represents and warrants to the
Company that it has not engaged any financial advisor, placement agent, broker
or finder in connection with the transactions contemplated hereby. The Company
shall be responsible for the payment of any fees or commissions, if any, of any
financial advisor, placement agent, broker or finder relating to or arising out
of the transactions contemplated hereby. The Company shall pay, and hold the
Buyer harmless against, any liability, loss or expense (including, without
limitation, attorneys' fees and out of pocket expenses) arising in connection
with any such claim.

         (m) NO STRICT CONSTRUCTION. 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.

         (n) REMEDIES, OTHER OBLIGATIONS, BREACHES AND INJUNCTIVE RELIEF. The
Buyer's remedies provided in this Agreement shall be cumulative and in addition
to all other remedies available to the Buyer under this Agreement, at law or in
equity (including a decree of specific performance and/or other injunctive
relief), no remedy of the Buyer contained herein shall be deemed a waiver of
compliance with the provisions giving rise to such remedy and nothing herein
shall limit the Buyer's right to pursue actual damages for any failure by the
Company to comply with the terms of this Agreement. The Company acknowledges
that a breach by it of its obligations hereunder will cause irreparable harm to
the Buyer and that the remedy at law for any such breach may be inadequate. The
Company therefore agrees that, in the event of any such breach or threatened
breach, the Buyer shall be entitled, in addition to all other available
remedies, to an injunction restraining any breach, without the necessity of
showing economic loss and without any bond or other security being required.

         (o) CHANGES TO THE TERMS OF THIS AGREEMENT. This Agreement and any
provision hereof may only be amended by an instrument in writing signed by the
Company and the Buyer. The term "Agreement" and all reference thereto, as used
throughout this instrument, shall mean this instrument as originally executed,
or if later amended or supplemented, then as so amended or supplemented.

         (p) ENFORCEMENT COSTS. If: (i) this Agreement is placed by the Buyer in
the hands of an attorney for enforcement or is enforced by the Buyer through any
legal proceeding; or (ii) an attorney is retained to represent the Buyer in any
bankruptcy, reorganization, receivership or other proceedings affecting
creditors' rights and involving a claim under this Agreement; or (iii) an
attorney is retained to represent the Buyer in any other proceedings whatsoever
in connection with this Agreement, then the Company shall pay to the Buyer, as
incurred by the Buyer, all reasonable costs and expenses including attorneys'
fees incurred in connection therewith, in addition to all other amounts due
hereunder.
<PAGE>

         (q) FAILURE OR INDULGENCE NOT WAIVER. No failure or delay in the
exercise of any power, right or privilege hereunder shall operate as a waiver
thereof, nor shall any single or partial exercise of any such power, right or
privilege preclude other or further exercise thereof or of any other right,
power or privilege.

                                    * * * * *

         IN WITNESS WHEREOF, the Buyer and the Company have caused this Common
Stock Purchase Agreement to be duly executed as of the date first written above.

                                   THE COMPANY:

                                   TECHNOLOGY VISIONS GROUP, INC.

                                   By: \s\ James B. Lahey
                                       ---------------------------------
                                       Name: James B. Lahey
                                       Title: President

                                   BUYER:

                                   FUSION CAPITAL FUND II, LLC
                                   BY: FUSION CAPITAL PARTNERS, LLC
                                   BY: SGM HOLDINGS CORP.

                                   By: \s\ Steven G. Martin
                                       --------------------------------
                                       Name: Steven G. Martin
                                       Title: President

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