Document:

PLAN OF SHARE EXCHANGE

     THIS PLAN OF SHARE EXCHANGE (hereinafter referred to as this "Agreement" or
the "Plan of Exchange") is entered into as of this _____ day of November,  2000,
by  and  between  FUSION  NETWORKS  HOLDINGS,   INC.,  a  Delaware   corporation
(hereinafter referred to as "Fusion") and VISUALCOM, INC., a Florida corporation
(hereinafter referred to as "Visualcom"), upon the following premises:

                                    Premises

     WHEREAS,  Fusion is a publicly held corporation organized under the laws of
the State of Delaware;

     WHEREAS, Visualcom is a privately held corporation organized under the laws
of the State of Florida and engaged in systems integration services; and

     WHEREAS,   management  of  the   constituent   corporations   entered  into
discussions  pursuant to which Fusion has agreed in principal to acquire 100% of
the issued and  outstanding  stock of  Visualcom in exchange for the issuance of
certain shares and warrants of Fusion (the  "Exchange") and Visualcom has agreed
to use its best efforts to cause its common  shareholders (the "Visualcom Common
Shareholders")   and   preferred    shareholders   (the   "Visualcom   Preferred
Shareholders") to approve this Plan of Exchange and the Exchange.

                                    Agreement

     NOW THEREFORE,  on the stated premises and for and in  consideration of the
mutual covenants and agreements hereinafter set forth and the mutual benefits to
the parties to be derived herefrom, it is hereby agreed as follows:

                                    ARTICLE I

             REPRESENTATIONS, COVENANTS, AND WARRANTIES OF VISUALCOM

     As an  inducement  to, and to obtain the reliance of Fusion,  except as set
forth on the Visualcom Schedules (as hereinafter defined),  Visualcom represents
and warrants as follows:

     Section 1.01  Organization.  Visualcom  is a  corporation  duly  organized,
validly  existing,  and in good standing  under the laws of the State of Florida
and has the corporate power and is duly authorized,  qualified,  franchised, and
licensed  under all  applicable  laws,  regulations,  ordinances,  and orders of
public  authorities  to own all of its properties and assets and to carry on its
business  in all  material  respects  as it is now  being  conducted,  including
qualification to do business as a foreign corporation in the states or countries
in which the  character  and location of the assets owned by it or the nature of
the business transacted by it requires qualification, except where failure to be
so qualified would not have a material adverse effect on its business.  Included
in the Visualcom  Schedules  are complete and correct  copies of the articles of
incorporation,  and bylaws of  Visualcom  as in effect on the date  hereof.  The
execution and delivery of this Agreement does not, and the  consummation  of the
transactions  contemplated hereby will not, violate any provision of Visualcom's
articles of incorporation or bylaws. Visualcom has taken all actions required by
law, its articles of incorporation,  or otherwise to authorize the execution and
delivery of this Agreement. Visualcom has full power, authority, and legal right
and has taken all action  required by law,  its articles of  incorporation,  and
otherwise to consummate the transactions herein contemplated.
<PAGE>

     Section 1.02  Capitalization.  The authorized  capitalization  of Visualcom
consists of (a)  30,000,000  shares of common stock,  $0.01 par value,  of which
3,348,952 shares are currently issued and outstanding and (b) 15,000,000  shares
of preferred  stock,  $0.01 par value, of which 6,111,552 shares (the "Preferred
Shares") are currently issued and outstanding,  the terms of which are set forth
in  Schedule  1.02(b) of the  Visualcom  Schedules.  All issued and  outstanding
shares are legally  issued,  fully paid,  and  non-assessable  and not issued in
violation of the preemptive or other rights of any person.

     Section 1.03 Subsidiaries and Predecessor Corporations.  Visualcom does not
have  any  predecessor  corporation(s)  or  subsidiaries,   and  does  not  own,
beneficially  or of  record,  any  shares  of any other  corporation,  except as
disclosed in Schedule 1.03. For purposes hereinafter,  the term "Visualcom" also
includes those subsidiaries, if any, set forth on Schedule 1.03.

     Section 1.04 Financial Statements.

     (a)  Included in the  Visualcom  Schedules  are (i) the  unaudited  balance
     sheets and the related  statements of operations of Visualcom as of and for
     the six months ended June 30, 2000, and (ii) the unaudited balance sheet of
     Visualcom as of December 31, 1999, and the related unaudited  statements of
     operations,  stockholders'  equity and cash flows for the fiscal year ended
     December 31, 1999.

     (b) All such  financial  statements  have been prepared in accordance  with
     generally  accepted  accounting  principles.  The Visualcom  balance sheets
     present a true and fair view as of the dates of such balance  sheets of the
     financial  condition of Visualcom.  Visualcom did not have, as of the dates
     of such balance sheets,  except as and to the extent  reflected or reserved
     against  therein,  any liabilities or obligations  (absolute or contingent)
     which  should be  reflected  in the  balance  sheets or the notes  thereto,
     prepared in accordance with generally accepted accounting  principles,  and
     all assets reflected  therein are properly  reported and present fairly the
     value of the assets of  Visualcom in  accordance  with  generally  accepted
     accounting principles.

     (c)  Visualcom  has no  liabilities  with  respect  to the  payment  of any
     federal,  state,  county, local or other taxes (including any deficiencies,
     interest  or  penalties),  except  for  taxes  accrued  but not yet due and
     payable.

     (d) Visualcom has filed all state, federal or local income and/or franchise
     tax returns  required to be filed by it from  inception to the date hereof.
     Each of such  income  tax  returns  reflects  the taxes due for the  period
     covered  thereby,   except  for  amounts  which,  in  the  aggregate,   are
     immaterial.

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<PAGE>

     (e) The books and records, financial and otherwise, of Visualcom are in all
     material  respects  complete  and  correct  and  have  been  maintained  in
     accordance with good business and accounting practices.

     (f) All of  Visualcom's  assets are reflected on its financial  statements,
     and,  except  as set  forth in the  Visualcom  Schedules  or the  financial
     statements  of Visualcom or the notes  thereto,  Visualcom  has no material
     liabilities,  direct or  indirect,  matured  or  unmatured,  contingent  or
     otherwise.

     Section 1.05 Information. The information concerning Visualcom set forth in
this  Agreement and in the  Visualcom  Schedules is complete and accurate in all
material  respects and does not contain any untrue  statement of a material fact
or omit to state a material fact required to make the statements  made, in light
of the  circumstances  under which they were made, not misleading.  In addition,
Visualcom has fully  disclosed in writing to Fusion  (through this  Agreement or
the Visualcom Schedules) all information relating to matters involving Visualcom
or its  assets  or its  present  or past  operations  or  activities  which  (i)
indicated or may  indicate,  in the  aggregate,  the existence of a greater than
$5,000  liability  or  diminution  in  value,  (ii)  have  led or may  lead to a
competitive  disadvantage  on the part of  Visualcom or (iii) either alone or in
aggregation with other information  covered by this Section,  otherwise have led
or may lead to a material adverse effect on the transactions contemplated herein
or on  Visualcom,  its assets,  or its  operations  or  activities  as presently
conducted or as contemplated to be conducted after the Closing Date,  including,
but  not  limited  to,   information   relating   to   governmental,   employee,
environmental,   litigation  and  securities   matters  and  transactions   with
affiliates.

     Section  1.06 Options or  Warrants.  Except as set forth in Schedule  1.06,
there are no existing options,  warrants, calls, or commitments of any character
relating to the authorized and unissued Visualcom common stock,  except options,
warrants, calls or commitments, if any, to which Visualcom is not a party and by
which it is not bound.

     Section 1.07 Absence of Certain  Changes or Events.  Except as set forth in
this Agreement or the Visualcom Schedules, since June 30, 2000:

     (a) there has not been (i) any  material  adverse  change in the  business,
     operations,  properties,  assets,  or  condition  of  Visualcom or (ii) any
     damage,  destruction,  or loss to  Visualcom  (whether  or not  covered  by
     insurance)  materially  and adversely  affecting the business,  operations,
     properties, assets, or condition of Visualcom;

     (b) Visualcom has not (i) amended its articles of  incorporation or bylaws;
     (ii)  declared  or made,  or agreed to  declare  or make,  any  payment  of
     dividends  or  distributions  of any  assets  of  any  kind  whatsoever  to
     stockholders or purchased or redeemed, or agreed to purchase or redeem, any
     of its  capital  stock;  (iii)  waived  any  rights  of value  which in the
     aggregate  are  outside of the  ordinary  course of  business  or  material
     considering the business of Visualcom; (iv) made any material change in its
     method of management,  operation or accounting;  (v) entered into any other
     material  transaction  other  than  sales  in the  ordinary  course  of its
     business;  (vi) made any accrual or  arrangement  for payment of bonuses or
     special compensation of any kind or any severance or termination pay to any
     present  or  former  officer  or  employee;  (vii)  increased  the  rate of
     compensation  payable or to become  payable by it to any of its officers or
     directors  or any of its  salaried  employees  whose  monthly  compensation
     exceeds $1,000;  or (viii) made any increase in any profit sharing,  bonus,
     deferred compensation,  insurance,  pension,  retirement, or other employee
     benefit plan,  payment,  or arrangement made to, for, or with its officers,
     directors, or employees;

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<PAGE>

     (c)  Visualcom  has not (i)  borrowed  or  agreed  to  borrow  any funds or
     incurred,  or become  subject  to, any  material  obligation  or  liability
     (absolute or contingent)  except as disclosed herein and except liabilities
     incurred in the ordinary course of business; (ii) paid or agreed to pay any
     material  obligations  or  liability  (absolute or  contingent)  other than
     current  liabilities  reflected  in or shown on the most  recent  Visualcom
     balance  sheet,  and current  liabilities  incurred  since that date in the
     ordinary course of business and professional and other fees and expenses in
     connection with the  preparation of this Agreement and the  consummation of
     the transactions contemplated hereby; (iii) sold or transferred,  or agreed
     to sell or  transfer,  any of its  assets,  properties,  or rights  (except
     assets,  properties, or rights not used or useful in its business which, in
     the aggregate have a value of less than $1,000), or canceled,  or agreed to
     cancel,  any debts or claims (except debts or claims which in the aggregate
     are of a value of less than  $1,000);  (iv) made or permitted any amendment
     or  termination  of any  contract,  agreement,  or license to which it is a
     party  if such  amendment  or  termination  is  material,  considering  the
     business  of  Visualcom;  or (v) issued,  delivered,  or agreed to issue or
     deliver any stock, bonds or other corporate securities including debentures
     (whether authorized and unissued or held as treasury stock); and

     (d) to the best knowledge of Visualcom, Visualcom has not become subject to
     any law or regulation  which  materially and adversely  affects,  or in the
     future may adversely affect the business,  operations,  properties, assets,
     or condition of Visualcom.

     Section 1.08 Title and Related  Matters.  Visualcom has good and marketable
title to all of its properties,  inventory, interests in properties, and assets,
real and  personal,  which are  reflected in the most recent  Visualcom  balance
sheet or acquired after that date (except  properties,  inventory,  interests in
properties,  and assets  sold or  otherwise  disposed  of since such date in the
ordinary course of business) free and clear of all liens,  pledges,  charges, or
encumbrances  except (a) statutory liens or claims not yet delinquent;  (b) such
imperfections  of title and easements as do not and will not materially  detract
from or  interfere  with the present or proposed use of the  properties  subject
thereto or affected  thereby or otherwise  materially  impair  present  business
operations on such properties;  and (c) as described in the Visualcom Schedules.
Except as set forth in the Visualcom  Schedules,  Visualcom owns, free and clear
of any liens, claims, encumbrances,  royalty interests, or other restrictions or
limitations  of any nature  whatsoever,  any and all  products  it is  currently
manufacturing, including the underlying technology and data, and all procedures,
techniques,  marketing plans,  business plans,  methods of management,  or other
information  utilized in connection  with  Visualcom's  business.  Except as set
forth in the Visualcom Schedules, no third party has any right to, and Visualcom
has not received any notice of  infringement of or conflict with asserted rights
of  others  with  respect  to any  product,  technology,  data,  trade  secrets,
know-how,  propriety  techniques,  trademarks,  service marks,  trade names,  or
copyrights  which,  individually  or in  the  aggregate,  if the  subject  of an
unfavorable decision,  ruling or finding, would have a materially adverse effect
on the business, operations,  financial condition, income, or business prospects
of Visualcom or any material portion of its properties, assets, or rights.

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<PAGE>

     Section  1.09  Litigation  and  Proceedings.  Except  as set  forth  in the
Visualcom Schedules, there are no actions, suits, proceedings, or investigations
pending  or, to the  knowledge  of  Visualcom  after  reasonable  investigation,
threatened by or against Visualcom or affecting Visualcom or its properties,  at
law  or  in  equity,   before  any  court  or  other   governmental   agency  or
instrumentality,  domestic or  foreign,  or before any  arbitrator  of any kind.
Visualcom  does not have any knowledge of any material  default on its part with
respect to any judgment,  order, injunction,  decree, award, rule, or regulation
of any court,  arbitrator,  or governmental  agency or instrumentality or of any
circumstances  which,  after  reasonable  investigation,  would  result  in  the
discovery of such a default.

     Section 1.10  Contracts.  Except as included or described in the  Visualcom
Schedules:

     (a) There are no  "material"  contracts,  agreements,  franchises,  license
     agreements,  debt instruments or other  commitments to which Visualcom is a
     party  or by  which  it or any  of its  assets,  products,  technology,  or
     properties  are bound other than those  incurred in the ordinary  course of
     business  (as used in this  Agreement,  a "material"  contract,  agreement,
     franchise,  license  agreement,  debt instrument or commitment is one which
     (i) will  remain in effect for more than six (6)  months  after the date of
     this  Agreement or (ii) involves  aggregate  obligations  of at least fifty
     thousand dollars ($50,000));

     (b) All contracts,  agreements,  franchises,  license agreements, and other
     commitments  to which  Visualcom is a party or by which its  properties are
     bound and which are  material to the  operations  of  Visualcom  taken as a
     whole are valid and  enforceable  by Visualcom in all  respects,  except as
     limited by bankruptcy and  insolvency  laws and by other laws affecting the
     rights of creditors generally;

     (c)  Visualcom  is not a  party  to or  bound  by,  and the  properties  of
     Visualcom are not subject to any contract,  agreement,  other commitment or
     instrument;  any charter or other corporate  restriction;  or any judgment,
     order,  writ,  injunction,  decree, or award which materially and adversely
     affects,  the  business  operations,  properties,  assets,  or condition of
     Visualcom; and

     (d)  Visualcom  is not a party to any oral or written (i)  contract for the
     employment of any officer or employee  which is not  terminable on 30 days,
     or less notice; (ii) profit sharing,  bonus, deferred  compensation,  stock
     option, severance pay, pension benefit or retirement plan, (iii) agreement,
     contract, or indenture relating to the borrowing of money, (iv) guaranty of
     any obligation, other than one on which Visualcom is a primary obligor, for
     the  borrowing  of  money or  otherwise,  excluding  endorsements  made for
     collection and other  guaranties of obligations  which, in the aggregate do
     not  exceed  more  than one year or  providing  for  payments  in excess of
     $25,000 in the aggregate;  (vi) collective bargaining  agreement;  or (vii)
     agreement with any present or former officer or director of Visualcom.

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<PAGE>
     Section 1.11 Material Contract Defaults. Except as included or described in
the  Visualcom  Schedules,  Visualcom is not in default in any material  respect
under  the  terms  of any  outstanding  contract,  agreement,  lease,  or  other
commitment which is material to the business, operations,  properties, assets or
condition of Visualcom and there is no event of default in any material  respect
under any such contract,  agreement,  lease,  or other  commitment in respect of
which  Visualcom  has not taken  adequate  steps to prevent  such a default from
occurring.

     Section  1.12 No  Conflict  With Other  Instruments.  Except as included or
described in the Visualcom  Schedules,  the execution of this  Agreement and the
consummation of the transactions  contemplated by this Agreement will not result
in the breach of any term or provision of, constitute an event of default under,
or  terminate,  accelerate  or  modify  the  terms  of any  material  indenture,
mortgage, deed of trust, or other material contract, agreement, or instrument to
which  Visualcom is a party or to which any of its  properties or operations are
subject.

     Section  1.13  Governmental  Authorizations.  Except  as set  forth  in the
Visualcom Schedules, Visualcom has all licenses, franchises,  permits, and other
governmental  authorizations  that are legally  required to enable it to conduct
its  business in all material  respects as conducted on the date hereof.  Except
for  compliance  with federal and state  securities  and  corporation  laws,  as
hereinafter  provided,  no  authorization,  approval,  consent,  or order of, or
registration,  declaration, or filing with, any court or other governmental body
is required in  connection  with the execution and delivery by Visualcom of this
Agreement and the  consummation  by Visualcom of the  transactions  contemplated
hereby.

     Section 1.14 Compliance With Laws and  Regulations.  Except as set forth in
the Visualcom  Schedules,  to the best of its  knowledge  Visualcom has complied
with all applicable  statutes and  regulations of any federal,  state,  or other
governmental  entity or agency thereof,  except to the extent that noncompliance
would not materially and adversely affect the business, operations,  properties,
assets,  or condition  of  Visualcom or except to the extent that  noncompliance
would not result in the occurrence of any material liability for Visualcom.

     Section 1.15  Insurance.  Except as included or described in the  Visualcom
Schedules,  all of the  properties of Visualcom are fully insured for their full
replacement cost.

     Section 1.16 Approval of Agreement. The board of directors of Visualcom has
authorized  the  execution  and delivery of this  Agreement by Visualcom and has
approved  this  Agreement and the  transactions  contemplated  hereby,  and will
recommend to the  Visualcom  Common  Shareholders  and the  Visualcom  Preferred
Shareholders that the Exchange be accepted by them.

     Section  1.17  Material  Transactions  or  Affiliations.  Set  forth in the
Visualcom  Schedules  is  a  description  of  every  contract,   agreement,   or
arrangement  between Visualcom and any predecessor and any person who was at the
time of such contract, agreement, or arrangement an officer, director, or person
owning of record, or known by Visualcom to own  beneficially,  5% or more of the
issued and outstanding common stock of Visualcom and which is to be performed in
whole or in part after the date hereof or which was  entered  into not more than
three years  prior to the date  hereof.  Except as  disclosed  in the  Visualcom
Schedules or otherwise disclosed herein, no officer, director, or 5% shareholder
of Visualcom has, or has had since  inception of Visualcom,  any known interest,
direct or indirect,  in any transaction with Visualcom which was material to the
business of Visualcom. There are no commitments by Visualcom, whether written or
oral,  to lend any funds,  or to borrow any money from,  or enter into any other
transaction with, any such affiliated person.

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<PAGE>

     Section  1.18 Labor  Relations.  Except as  included  or  described  in the
Visualcom  Schedules,  Visualcom has not had work stoppage  resulting from labor
problems. To the knowledge of Visualcom, no union or other collective bargaining
organization is organizing or attempting to organize any employee of Visualcom.

     Section 1.19  Visualcom  Schedules.  Visualcom  has delivered to Fusion the
following  schedules,  which  are  collectively  referred  to as the  "Visualcom
Schedules"  and which  consist  of  separate  schedules  dated as of the date of
execution of this  Agreement,  all certified by the chief  executive  officer of
Visualcom as complete, true, and correct as of the date of this Agreement in all
material respects:

          (a) a schedule  containing complete and correct copies of the articles
     of incorporation,  and bylaws of Visualcom in effect as of the date of this
     Agreement;

          (b) a  schedule  containing  the  financial  statements  of  Visualcom
     identified in paragraph 1.04(a);

          (c) a  Schedule  1.19(c)  containing  a list  indicating  the name and
     address of each Visualcom Common  Shareholder and each Visualcom  Preferred
     Shareholder together with the number of shares owned by him, her or it;

          (d) a schedule  containing a description of all real property owned by
     Visualcom,  together with a description of every  mortgage,  deed of trust,
     pledge,  lien,  agreement,  encumbrance,  claim,  or equity interest of any
     nature whatsoever in such real property;

          (e)  copies  of  all  licenses,   permits,   and  other   governmental
     authorizations  (or requests or  applications  therefor)  pursuant to which
     Visualcom  carries on or proposes to carry on its  business  (except  those
     which, in the aggregate, are immaterial to the present or proposed business
     of Visualcom);

          (f) a schedule  listing the  accounts  receivable  and notes and other
     obligations  receivable  of Visualcom as of June 30,  2000,  or  thereafter
     other than in the ordinary course of business of Visualcom,  indicating the
     debtor and amount,  and  classifying  the  accounts  to show in  reasonable
     detail the length of time,  if any,  overdue,  and  stating  the nature and
     amount  of any  refunds,  set  offs,  reimbursements,  discounts,  or other
     adjustments,  which are in the aggregate  material and due to or claimed by
     such debtor;

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<PAGE>

          (g) a  schedule  listing  the  accounts  payable  and  notes and other
     obligations  payable  of  Visualcom  as of June  30,  2000,  or that  arose
     thereafter  other than in the ordinary course of the business of Visualcom,
     indicating  the  creditor and amount,  classifying  the accounts to show in
     reasonable  detail the length of time,  if any,  overdue,  and  stating the
     nature and amount of any refunds, set offs,  reimbursements,  discounts, or
     other  adjustments,  which  in the  aggregate  are  material  and due to or
     claimed by Visualcom respecting such obligations;

          (h) a schedule  setting  forth a description  of any material  adverse
     change  in  the  business,  operations,  property,  inventory,  assets,  or
     condition  of  Visualcom  since  June 30,  2000,  required  to be  provided
     pursuant to section 1.07 hereof; and

          (i) a schedule setting forth any other information,  together with any
     required  copies of  documents,  required to be disclosed in the  Visualcom
     Schedules by Sections 1.01 through 1.18.

     Visualcom shall cause the Visualcom  Schedules and the instruments and data
delivered to Fusion hereunder to be promptly updated after the date hereof up to
and including the Closing Date.

     It is understood and agreed that not all of the schedules referred to above
have been  completed or are  available to be furnished by  Visualcom.  Visualcom
shall have until  November  10, 2000 to provide  such  schedules.  If  Visualcom
cannot  or  fails  to do so,  or if  Fusion  acting  reasonably  finds  any such
schedules or updates provided after the date hereof to be unacceptable according
to the criteria set forth below,  Fusion may terminate  this Agreement by giving
written notice to Visualcom  within five (5) days after the schedules or updates
were due to be produced or were provided. For purposes of the foregoing,  Fusion
may consider a disclosure in the Visualcom  Schedules to be "unacceptable"  only
if that item would have a material  adverse  impact on the financial  statements
listed in Section 1.04(a), taken as a whole.

     Section 1.20 Bank Accounts;  Power of Attorney.  Set forth in Schedule 1.20
is a true and complete list of (a) all accounts with banks,  money market mutual
funds or  securities  or other  financial  institutions  maintained by Visualcom
within the past twelve (12) months, the account numbers thereof, and all persons
authorized to sign or act on behalf of Visualcom, (b) all safe deposit boxes and
other similar  custodial  arrangements  maintained by Visualcom  within the past
twelve (12) months,  and (c) the names of all persons holding powers of attorney
from  Visualcom or who are  otherwise  authorized  to act on behalf of Visualcom
with respect to any matter, other than its officers and directors, and a summary
of the terms of such powers or authorizations.

     Section 1.21 Valid Obligation.  This Agreement and all agreements and other
documents executed by Visualcom in connection  herewith constitute the valid and
binding  obligation of Visualcom,  enforceable  in accordance  with its or their
terms, except as may be limited by bankruptcy,  insolvency,  moratorium or other
similar laws  affecting  the  enforcement  of  creditors'  rights  generally and
subject to the  qualification  that the  availability  of equitable  remedies is
subject to the discretion of the court before which any proceeding  therefor may
be brought.

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<PAGE>

                                   ARTICLE II

              REPRESENTATIONS, COVENANTS, AND WARRANTIES OF FUSION

     As an  inducement  to,  and to obtain the  reliance  of  Visualcom  and the
Visualcom Common  Shareholders and Visualcom Preferred  Shareholders,  except as
set forth in the Fusion Schedules (as hereinafter  defined),  Fusion  represents
and warrants as follows:

     Section 2.01 Organization.  Fusion is a corporation duly organized, validly
existing,  and in good standing  under the laws of the State of Delaware and has
the corporate power and is duly authorized,  qualified, franchised, and licensed
under  all  applicable  laws,  regulations,  ordinances,  and  orders  of public
authorities to own all of its properties and assets, to carry on its business in
all material respects as it is now being conducted,  and except where failure to
be so qualified would not have a material adverse effect on its business,  there
is no  jurisdiction  in which it is not  qualified  in which the  character  and
location of the assets owned by it or the nature of the business  transacted  by
it requires  qualification.  The execution and delivery of this  Agreement  does
not, and the  consummation  of the  transactions  contemplated  hereby will not,
violate any provision of Fusion's certificate of incorporation or bylaws. Fusion
has taken all action  required by law, its  certificate  of  incorporation,  its
bylaws,  or otherwise to authorize the execution and delivery of this Agreement,
and Fusion has full power,  authority,  and legal right and has taken all action
required by law,  its  certificate  of  incorporation,  bylaws,  or otherwise to
consummate the transactions herein contemplated.

     Section 2.02 Securities Filings; Financial Statements.

     (a)  Fusion  filed a  Registration  Statement  on  Form  S-4  which  became
     effective on February 15, 1999 (the "SEC  Effective  Date").  Since the SEC
     Effective  Date,  Fusion has filed on a timely  basis all reports (the "SEC
     Reoprts") required to be filed with the Securities and Exchange  Commission
     ("SEC")  pursuant to the Securities  Exchange of 1934 (the "Exchange Act").
     The SEC Reports (i) were prepared in accordance  with the  requirements  of
     the Exchange Act or the Securities Act of 1933 (the  "Securities  Act"), as
     appropriate,  and (ii) did not contain any untrue  statement  of a material
     fact or omit to state a  material  fact  required  to be stated  therein or
     necessary  in order to make the  statements  therein,  in the  light of the
     circumstances under which they were made, not misleading.

     (b) All financial statements included in the SEC Reports have been prepared
     in  accordance  with  generally  accepted  accounting  principles  ("GAAP")
     consistently  applied  throughout the periods involved.  The Fusion balance
     sheets present fairly as of their respective dates the financial  condition
     of  Fusion.  As of the date of such  balance  sheets,  except as and to the
     extent reflected or reserved against therein,  Fusion had no liabilities or
     obligations  (absolute  or  contingent)  which  should be  reflected in the
     balance sheets or the notes thereto  prepared in accordance  with GAAP, and
     all assets reflected  therein are properly  reported and present fairly the
     value of the  assets of  Fusion,  in  accordance  with  generally  accepted
     accounting principles.  The statements of operations,  stockholders' equity
     and cash flows  reflect  fairly the  information  required  to be set forth
     therein by GAAP.

                                       9
<PAGE>

     (c) Fusion has no  liabilities  with respect to the payment of any federal,
     state, county,  local or other taxes (including any deficiencies,  interest
     or penalties), except for taxes accrued but not yet due and payable.

     (d) Fusion  has timely  filed all  state,  federal or local  income  and/or
     franchise tax returns required to be filed by it from inception to the date
     hereof.  Each of such  income tax  returns  reflects  the taxes due for the
     period covered  thereby,  except for amounts which,  in the aggregate,  are
     immaterial.

     (e) The books and records,  financial and  otherwise,  of Fusion are in all
     material   aspects  complete  and  correct  and  have  been  maintained  in
     accordance with good business and accounting practices.

     (f) All of Fusion's assets are reflected on its financial statements,  and,
     except as set forth in the Fusion Schedules or the financial  statements of
     Fusion or the notes thereto, Fusion has no material liabilities,  direct or
     indirect, matured or unmatured, contingent or otherwise.

     Section 2.03  Information.  The information  concerning Fusion set forth in
this Agreement and the Fusion Schedules is complete and accurate in all material
respects and does not contain any untrue  statements  of a material fact or omit
to state a material fact required to make the  statements  made, in light of the
circumstances under which they were made, not misleading.

     Section  2.04  Absence  of Certain  Changes or Events.  Except as set forth
herein or in the Fusion  Schedules or permitted in writing by  Visualcom,  since
the date of the most recent Fusion balance sheet:

     (a) there has not been (i) any  material  adverse  change in the  business,
     operations,  properties,  assets or condition of Fusion or (ii) any damage,
     destruction  or  loss to  Fusion  (whether  or not  covered  by  insurance)
     materially and adversely  affecting the business,  operations,  properties,
     assets or condition of Fusion;

     (b) Fusion has not (i) amended its certificate of  incorporation or bylaws;
     (ii)  declared  or made,  or  agreed  to  declare  or make any  payment  of
     dividends  or  distributions  of any  assets  of  any  kind  whatsoever  to
     stockholders or purchased or redeemed, or agreed to purchase or redeem, any
     of its  capital  stock;  (iii)  waived  any  rights  of value  which in the
     aggregate  are  outside of the  ordinary  course of  business  or  material
     considering  the business of Fusion;  (iv) made any material  change in its
     method of  management,  operation,  or  accounting;  (v)  entered  into any
     transactions  or agreements  other than in the ordinary course of business;
     (vi) made any accrual or  arrangement  for or payment of bonuses or special
     compensation of any kind or any severance or termination pay to any present
     or former  officer or employee;  (vii)  increased the rate of  compensation
     payable or to become  payable by it to any of its  officers or directors or
     any of its salaried employees whose monthly  compensation exceed $1,000; or
     (viii)  made  any  increase  in  any  profit   sharing,   bonus,   deferred
     compensation,  insurance,  pension,  retirement,  or other employee benefit
     plan,  payment,  or  arrangement,  made  to,  for  or  with  its  officers,
     directors, or employees; and

                                       10
<PAGE>

     (c) to the best  knowledge of Fusion,  it has not become subject to any law
     or regulation which materially and adversely affects, or in the future, may
     adversely affect, the business, operations, properties, assets or condition
     of Fusion.

     Section 2.05 Material  Contract  Defaults.  Fusion is not in default in any
material respect under the terms of any outstanding contract,  agreement, lease,
or other commitment which is material to the business,  operations,  properties,
assets or  condition  of Fusion and there is no event of default in any material
respect  under any such  contract,  agreement,  lease,  or other  commitment  in
respect of which Fusion has not taken  adequate  steps to prevent such a default
from occuring.

     Section  2.06 No Conflict  With Other  Instruments.  The  execution of this
Agreement  and  the  consummation  of  the  transactions  contemplated  by  this
Agreement will not result in the breach of any term or provision of,  constitute
a default under, or terminate, accelerate or modify the terms of, any indenture,
mortgage,  deed of trust,  or other  material  agreement or  instrument to which
Fusion is a party or to which any of its assets or operations are subject.

     Section  2.07  Governmental   Authorizations.   Fusion  has  all  licenses,
franchises,  permits,  and other governmental  authorizations,  that are legally
required  to  enable it to  conduct  its  business  operations  in all  material
respects as conducted on the date hereof. Except for compliance with federal and
state securities or corporation laws, as hereinafter provided, no authorization,
approval, consent or order of, or registration,  declaration or filing with, any
court or other  governmental  body is required in connection  with the execution
and delivery by Fusion of this Agreement and the  consummation  by Fusion of the
transactions contemplated hereby.

     Section  2.08  Compliance  With  Laws and  Regulations.  To the best of its
knowledge,  Fusion has complied with all applicable  statutes and regulations of
any federal,  state, or other applicable  governmental entity or agency thereof,
except to the extent  that  noncompliance  would not  materially  and  adversely
affect the business,  operations,  properties,  assets or condition of Fusion or
except to the extent that  noncompliance  would not result in the  occurrence of
any material  liability.  This compliance  includes,  but is not limited to, the
filing of all reports to date with federal and state securities authorities.

     Section 2.09  Approval of  Agreement.  The board of directors of Fusion has
authorized the execution and delivery of this  Agreement by Fusion.  No approval
of the  shareholders  of  Fusion  is  required  to  carry  out the  transactions
contemplated by this Agreement.

     Section 2.10 Continuity of Business  Enterprises.  Fusion has no commitment
or present  intention to liquidate  Visualcom or sell or otherwise  dispose of a
material portion of Visualcom's business or assets following the consummation of
the transactions contemplated hereby.

     Section  2.11 Fusion  Schedules.  Fusion has  delivered  to  Visualcom  the
following  schedules,   which  are  collectively  referred  to  as  the  "Fusion
Schedules" and which consist of separate schedules,  which are dated the date of
this  Agreement,  all certified by the chief  executive  officer of Fusion to be
complete,  true,  and accurate in all  material  respects as of the date of this
Agreement:

                                       11
<PAGE>

          (a) a schedule  setting  forth a description  of any material  adverse
     change  in  the  business,  operations,  property,  inventory,  assets,  or
     condition of Fusion since June 30, 2000,  required to be provided  pursuant
     to section 2.04 hereof; and

          (b) a schedule setting forth any other information,  together with any
     required  copies of  documents,  required  to be  disclosed  in the  Fusion
     Schedules by Sections 2.01 through 2.10.

     Fusion  shall  cause the  Fusion  Schedules  and the  instruments  and data
delivered to Visualcom hereunder to be promptly updated after the date hereof up
to and including the Closing Date.

     It is understood and agreed that not all of the schedules referred to above
have been  completed or are  available  to be furnished by Fusion.  Fusion shall
have until  November 10, 2000 to provide  such  schedules.  If Fusion  cannot or
fails to do so, or if Visualcom  acting  reasonably  finds any such schedules or
updates  provided  after the date  hereof to be  unacceptable  according  to the
criteria set forth  below,  Visualcom  may  terminate  this  Agreement by giving
written  notice to Fusion  within five (5) days after the  schedules  or updates
were  due to be  produced  or were  provided.  For  purposes  of the  foregoing,
Visualcom may consider a disclosure in the Fusion Schedules to be "unacceptable"
only  if that  item  would  have a  material  adverse  impact  on the  financial
statements listed in Section 2.02(b), taken as a whole.

     Section 2.12 Valid Obligation.  This Agreement and all agreements and other
documents  executed by Fusion in connection  herewith  constitute  the valid and
binding obligation of Fusion, enforceable in accordance with its or their terms,
except as may be limited by bankruptcy,  insolvency, moratorium or other similar
laws affecting the enforcement of creditors' rights generally and subject to the
qualification  that the  availability  of  equitable  remedies is subject to the
discretion of the court before which any proceeding therefor may be brought.

                                   ARTICLE III

                                PLAN OF EXCHANGE

     Section 3.01 The Exchange.  On the terms and subject to the  conditions set
forth in this Plan of  Exchange,  on the  Closing  Date (as  defined  in Section
3.02),  Fusion shall  acquire,  and the  shareholders  of Visualcom  shall sell,
assign and  transfer,  all of the  outstanding  shares of each class of stock of
Visualcom and Visualcom will become a wholly-owned subsidiary of Fusion.

     Section  3.02  Closing.   The  closing   ("Closing")  of  the  transactions
contemplated by this Plan of Exchange shall be on a date and at such time as the
parties may agree ("Closing Date") but not later than November 10, 2000, subject
to the right of Fusion or  Visualcom  to extend  such  Closing  Date by up to an
additional  sixty  (60)  days.  Such  Closing  shall  take  place at a  mutually
agreeable time and place.

                                       12
<PAGE>

     Section 3.03 Closing  Events.  At the  Closing,  (a) each of the  Visualcom
Common Shareholders and Visualcom Preferred Shareholders shall assign,  transfer
and  deliver to  Fusion,  free and clear of all  liens,  pledges,  encumbrances,
charges,  restrictions  or known  claims  of any kind,  nature  or  description,
certificates evidencing all of the shares of common stock and preferred stock of
Visualcom held by said shareholders;  (b) Visualcom shall execute,  acknowledge,
and deliver (or shall ensure to be executed,  acknowledged,  and  delivered) any
and all certificates,  opinions,  financial statements,  schedules,  agreements,
resolutions,  rulings or other  instruments  required by this Agreement to be so
delivered at or prior to the Closing,  together  with such other items as may be
reasonably requested by the parties hereto and their respective legal counsel in
order to effectuate or evidence the transactions  contemplated  hereby;  and (c)
Fusion shall (i) file Articles of Share Exchange with the Florida  Department of
State,  and  (ii)  deliver  to each of the  Visualcom  Common  Shareholders  and
Visualcom  Preferred  Shareholders,  and the Escrow Agent, as  appropriate,  the
number of shares of common stock and warrants set forth in Section 3.04 below.

     Section 3.04 Exchange Ratio. At the Closing Date,  Fusion shall cause to be
issued and  delivered,  in exchange for 100% of the  Visualcom  Common Stock and
Visualcom  Preferred  Stock, an aggregate of 2,000,000 shares of common stock of
Fusion (the  "Exchange  Shares"),  of which  1,000,000  shares shall  constitute
"Escrow Shares",  and 2,500,000 five year warrants (the "Exchange  Warrants") to
purchase  common stock of Fusion at a price equal to 110% of the average closing
price of Fusion's  common stock over the seven  trading day period ending on the
last trading day prior to the Closing Date,  which shall be substantially in the
form attached hereto as Exhibit A, of which 1,000,000  warrants shall constitute
"Escrow  Warrants".  Subject  to the  right  of  Visualcom  to  provide  revised
instructions  in the event  that the  closing  price of  Fusion's  common  stock
exceeds $2.25 on the last trading day prior to the Closing Date:

          (a) the Exchange Shares shall be issuable and delivered,  in whole, to
     the Visualcom Preferred Shareholders (other than Dissenting  Shareholders),
     subject to delivery of the Escrow  Shares to the Escrow  Agent  pursuant to
     the provisions of the Escrow Agreement, and shall be allocated as set forth
     in Schedule 3.04 attached hereto; and

          (b) 1,750,000 of the Exchange Warrants shall be issuable and delivered
     to  the   Visualcom   Preferred   Shareholders   (other   than   Dissenting
     Shareholders)  and 750,000 of the Exchange  Warrants  shall be issuable and
     delivered  to the  Visualcom  Common  Shareholders  (other than  Dissenting
     Shareholders),  subject to delivery  to the Escrow  Agent of 250,000 of the
     Escrow Warrants allocable to the Visualcom  Preferred  Shareholders and all
     of the Escrow Warrants allocable to the Visualcom Common Shareholders,  and
     shall be allocated as set forth in Schedule 3.04 attached hereto.

                                       13
<PAGE>

     Section 3.05 Dissenting  Shareholders.  Any Visualcom Preferred Shareholder
or  Visualcom  Common  Shareholder  who  dissents  from the Plan of  Exchange (a
"Dissenting  Shareholder")  in the manner  provided  in Section  607.1320 of the
Florida Statutes, in lieu of receipt of Exchange Shares and Exchange Warrants as
set forth in Section 3.04 above,  shall be entitled to the payment  permitted by
Florida law;  provided,  however,  that any dissenting  shareholder who fails to
comply  fully  with the  requirements  of Florida  law,  or  otherwise  fails to
establish  the  right  of  such  shareholder  to  be  paid  the  value  of  such
shareholders'  shares under Florida law shall, upon such determination be issued
and delivered that  shareholder's  allocable  portion of the Exchange Shares and
Exchange Warrants as determined pursuant to Section 3.04 above.

     Section  3.06  Anti-Dilution.  The number of shares of Fusion  common stock
issuable upon exchange pursuant to Section 3.04 shall be appropriately  adjusted
to take into account any other stock split, stock dividend, reverse stock split,
recapitalization,  or similar  change in the Fusion common stock which may occur
between the date of the execution of this Agreement and the Closing Date.

     Section 3.07 Termination.

          (a) This  Agreement  may be  terminated  by the board of  directors of
     either Fusion or Visualcom at any time prior to the Closing Date if:

               (i) there shall be any actual or threatened  action or proceeding
          before  any  court  or any  governmental  body  which  shall  seek  to
          restrain,  prohibit,  or invalidate the  transactions  contemplated by
          this Agreement and which, in the judgement of such board of directors,
          made in good  faith and based  upon the  advice of its legal  counsel,
          makes it inadvisable to proceed with the Exchange; or

               (ii) any of the transactions  contemplated hereby are disapproved
          by any regulatory  authority  whose approval is required to consummate
          such transactions (which does not include the SEC) or in the judgement
          of such board of directors, made in good faith and based on the advice
          of counsel,  there is  substantial  likelihood  that any such approval
          will  not be  obtained  or will be  obtained  only on a  condition  or
          conditions which would be unduly burdensome,  making it inadvisable to
          proceed with the Exchange.

     In the event of termination pursuant to this paragraph (a) of Section 3.07,
     no obligation,  right or liability  shall arise  hereunder,  and each party
     shall  bear  all of the  expenses  incurred  by it in  connection  with the
     negotiation, drafting, and execution of this Agreement and the transactions
     herein contemplated.

          (b) This  Agreement  may be  terminated  by the board of  directors of
     Fusion at any time prior to the Closing Date if:

                                       14
<PAGE>

          (i) there  shall  have been any  change  after the date of the  latest
     balance  sheet  of  Visualcom  in  the  assets,  properties,  business,  or
     financial  condition of  Visualcom,  which could have a materially  adverse
     effect on the financial  statements of Visualcom  listed in Section 1.04(a)
     taken as a whole, except any changes disclosed in the Visualcom Schedules;

          (ii) the board of  directors of Fusion  determines  in good faith that
     one or more of Fusion's conditions to Closing has not occurred,  through no
     fault of Fusion.  (iii) Fusion takes the  termination  action  specified in
     Section 1.19 as a result of Visualcom  Schedules or updates  thereto  which
     Fusion finds unacceptable;

          (iv) on or before November 10, 2000,  Fusion  notifies  Visualcom that
     Fusion's  investigation  pursuant  to  Section  4.01  below  has  uncovered
     information  which it finds  unacceptable by the same criteria set forth in
     Section 1.19; or

          (v) Visualcom shall fail to comply in any material respect with any of
     its  covenants or agreements  contained in this  Agreement or if any of the
     representations  or  warranties  of  Visualcom  contained  herein  shall be
     inaccurate in any material respect,  where such noncompliance or inaccuracy
     has not been cured within ten (10) days after written notice thereof.

If this Agreement is terminated  pursuant to this paragraph (b) of Section 3.07,
this Agreement shall be of no further force or effect, and no obligation,  right
or liability  shall arise  hereunder,  except that Visualcom  shall bear its own
costs  as  well as the  reasonable  costs  of  Fusion  in  connection  with  the
negotiation,  preparation,  and execution of this  Agreement and  qualifying the
offer and sale of securities to be issued in the Exchange under the registration
requirements,  or exemption  from the  registration  requirements,  of state and
federal securities laws.

     (c) This Agreement may be terminated by the board of directors of Visualcom
at any time prior to the Closing Date if:

          (i) there  shall  have been any  change  after the date of the  latest
     balance  sheet of Fusion in the assets,  properties,  business or financial
     condition  of Fusion,  which  could have a material  adverse  effect on the
     financial  statements of Fusion listed in Section 2.02(b) taken as a whole,
     except any changes disclosed in the Fusion Schedules;

          (ii) the board of directors of Visualcom determines in good faith that
     one or more of Visualcom's conditions to Closing has not occurred,  through
     no fault of Visualcom;

          (iii) Visualcom takes the termination action specified in Section 2.11
     as a result of Fusion  Schedules or updates  thereto which  Visualcom finds
     unacceptable;

                                       15
<PAGE>

          (iv) on or before  November 10, 2000,  Visualcom  notifies Fusion that
     Visualcom's  investigation  pursuant  to Section  4.01 below has  uncovered
     information  which it finds  unacceptable by the same criteria set forth in
     Section 2.11; or

          (v) Fusion  shall fail to comply in any  material  respect with any of
     its  covenants or agreements  contained in this  Agreement or if any of the
     representations   or  warranties  of  Fusion   contained  herein  shall  be
     inaccurate in any material respect,  where such noncompliance or inaccuracy
     has not been cured within ten (10) days after written notice thereof.

If this Agreement is terminated  pursuant to this paragraph (c) of Section 3.07,
this Agreement shall be of no further force or effect, and no obligation,  right
or liability shall arise hereunder,  except that Fusion shall bear its own costs
as well as the  reasonable  costs of Visualcom  and its  principal  shareholders
incurred in connection with the  negotiation,  preparation and execution of this
Agreement.

                                   ARTICLE IV

                                SPECIAL COVENANTS

     Section 4.01 Access to Properties  and Records.  Fusion and Visualcom  will
each afford to the officers  and  authorized  representatives  of the other full
access to the properties,  books and records of Fusion or Visualcom, as the case
may be, in order that each may have a full  opportunity to make such  reasonable
investigation  as it shall desire to make of the affairs of the other,  and each
will furnish the other with such  additional  financial and  operating  data and
other  information as to the business and properties of Fusion or Visualcom,  as
the case may be,  as the  other  shall  from  time to time  reasonably  request.
Without  limiting the foregoing,  as soon as  practicable  after the end of each
fiscal  quarter (and in any event  through the last fiscal  quarter prior to the
Closing  Date),  each party shall  provide the other with  quarterly  internally
prepared and unaudited financial statements.

     Section 4.02 Delivery of Books and Records. At the Closing, Visualcom shall
deliver to Fusion the originals of the corporate minute books, books of account,
contracts,  records,  and all other books or documents  of Visualcom  now in the
possession of Visualcom or its representatives.

     Section 4.03 Third Party  Consents and  Certificates.  Fusion and Visualcom
agree to cooperate  with each other in order to obtain any required  third party
consents to this Agreement and the transactions herein contemplated.

     Section 4.04 Consent of Visualcom Shareholders.  Visualcom shall (a) call a
meeting of its shareholders, or secure the written consent of shareholders,  for
the purpose of voting on and approving the Plan of Exchange and (b) use its best
efforts to obtain the vote or consent of all Visualcom  Common  Shareholders and
Visualcom Preferred Shareholders to approve this Plan of Exchange.

                                       16
<PAGE>

     Section 4.05  Escrow;  Earn-Out.  On Closing,  Fusion and  Visualcom  shall
execute  an escrow  agreement  in the form  attached  hereto  as  Exhibit B (the
"Escrow Agreement") pursuant to which Fusion shall deliver the Escrow Shares and
the Escrow Warrants to a mutually agreeable escrow agent (the "Escrow Agent") to
be held  and  released  upon  satisfaction  of  certain  revenue  criteria  (the
"Earn-Out") and subject to satisfaction of certain other criteria set out in the
Escrow Agreement.

     Section  4.06  Exclusive  Dealing  Rights.  Until  5:00 P.M.  Miami Time on
December 31,  2000,  in  recognition  of the  substantial  time and effort which
Fusion has spent and will continue to spend in  investigating  Visualcom and its
business and in addressing the matters related to the transactions  contemplated
herein, each of which may preempt or delay other management activities,  neither
Visualcom,  nor any of its officers,  employees,  representatives or agents will
directly or indirectly solicit or initiate any discussions or negotiations with,
or,  except where  required by fiduciary  obligations  under  applicable  law as
advised  by  counsel,  participate  in any  negotiations  with  or  provide  any
information  to or otherwise  cooperate in any other way with,  or facilitate or
encourage  any effort or attempt  by, any  corporation,  partnership,  person or
other entity or group (other than Fusion and its directors, officers, employees,
representatives  and agents) concerning any merger,  sale of substantial assets,
sale of shares of capital stock,  (including without  limitation,  any public or
private  offering  of the common  stock of  Visualcom)  or similar  transactions
involving  Visualcom  (all such  transactions  being  referred to as  "Visualcom
Acquisition Transactions"). If Visualcom receives any proposal with respect to a
Visualcom Acquisition Transaction, it will immediately communicate to Fusion the
fact that it has received such proposal and the principal terms thereof.

     Section 4.07 Actions Prior to Closing.

          (a) From and after the date of this  Agreement  until the Closing Date
     and except as set forth in the Fusion  Schedules or Visualcom  Schedules or
     as permitted or contemplated by this Agreement, Visualcom will:

               (i) carry on its business in substantially  the same manner as it
          has heretofore;

               (ii)  maintain and keep its  properties  in states of good repair
          and condition as at present,  except for  depreciation due to ordinary
          wear and tear and damage due to casualty;

               (iii) maintain in full force and effect  insurance  comparable in
          amount and in scope of coverage to that now maintained by it;

               (iv)  perform in all  material  respects  all of its  obligations
          under  material  contracts,  leases,  and  instruments  relating to or
          affecting its assets, properties, and business;

               (v) use its best  efforts to maintain  and  preserve its business
          organization intact, to retain its key employees,  and to maintain its
          relationship with its material suppliers and customers; and

                                       17
<PAGE>

               (vi) fully comply with and perform in all  material  respects all
          obligations and duties imposed on it by all federal and state laws and
          all  rules,  regulations,  and  orders  imposed  by  federal  or state
          governmental authorities.

          (b) From and after the date of this  Agreement  until the Closing Date
     and except as permitted or contemplated  by this Agreement,  neither Fusion
     nor Visualcom will:

          (i) make any changes in their articles or certificate of incorporation
     or bylaws;

          (ii)  take  any  action  described  in  Section  1.07  in the  case of
     Visualcom,  or in  Section  2.04,  in the case of  Fusion  (all  except  as
     permitted therein or as disclosed in the applicable party's schedules);

          (iii) enter into or amend any contract, agreement, or other instrument
     of any of the types  described  in such  party's  schedules,  except that a
     party may enter into or amend any contract,  agreement, or other instrument
     in the ordinary course of business involving the sale of goods or services;
     or

          (iv) sell any assets or discontinue any operations, sell any shares of
     capital  stock (other than as  contemplated  herein) or conduct any similar
     transactions other than in the ordinary course of business.

     (c) In light of the fact that Fusion will control  Visualcom as a result of
the Exchange,  from and after the date of this Agreement until the Closing Date,
Visualcom  shall take no action  which is material to its  business  without the
prior written approval of Fusion,  which Fusion may give or withhold in its sole
discretion after consultation with Visualcom.

     Section  4.08  Delivery  of Audited  Financial  Statements.  Not later than
forty-five  (45) days after the Closing Date,  Visualcom shall deliver to Fusion
audited financial statements as of and for the year ended December 31, 1999.

     Section 4.09  Assumption of Guarantees.  All personal  guarantees  given by
Andre Vanyi-Robin on Visualcom contracts, including Visualcom leasing contracts,
will be assumed by Fusion.

     Section 4.10  Employment  Relationships.  (a) Fusion will insure  Visualcom
employees  continuity of employment by keeping all Visualcom  existing employees
for a minimum  period of two (2) months after the Closing Date,  without  making
any change in their respective  employment  terms. (b) The officers of Visualcom
shall,  on or before the Closing Date,  enter into  employment  agreements  with
Visualcom,  or, at the option of Fusion,  with Fusion,  on terms  acceptable  to
Fusion for a term of not less than two (2) years.

                                       18
<PAGE>
                                    ARTICLE V

                  CONDITIONS PRECEDENT TO OBLIGATIONS OF FUSION

     The  obligations  of  Fusion  under  this  Agreement  are  subject  to  the
satisfaction, at or before the Closing Date, of the following conditions:

     Section 5.01 Accuracy of Representations and Performance of Covenants.  The
representations  and  warranties  made by Visualcom in this  Agreement were true
when made and shall be true at the  Closing  Date with the same force and effect
as if such  representations  and  warranties  were made at and as of the Closing
Date (except for changes therein  permitted by this Agreement).  Visualcom shall
have  performed or complied with all covenants and  conditions  required by this
Agreement  to be  performed  or complied  with by  Visualcom  prior to or at the
Closing.  Fusion  shall  be  furnished  with  a  certificate,  signed  by a duly
authorized  executive  officer of Visualcom  and dated the Closing  Date, to the
foregoing effect.

     Section 5.02 Officer's Certificate. Fusion shall have been furnished with a
certificate  dated the Closing Date and signed by a duly  authorized  officer of
Visualcom  to the  effect  that no  litigation,  proceeding,  investigation,  or
inquiry is pending,  or to the best  knowledge  of Visualcom  threatened,  which
might  result  in an  action  to  enjoin  or  prevent  the  consummation  of the
transactions  contemplated by this Agreement, or, to the extent not disclosed in
the  Visualcom  Schedules,  by or against  Visualcom,  which might result in any
material  adverse  change  in  any  of  the  assets,  properties,  business,  or
operations of Visualcom.

     Section 5.03 No Material  Adverse Change.  Prior to the Closing Date, there
shall not have  occurred any change in the  financial  condition,  business,  or
operations of Visualcom nor shall any event have occurred which,  with the lapse
of time or the giving of notice,  is  determined  to be  unacceptable  using the
criteria set forth in Section 1.19.

     Section 5.04 Good  Standing.  Fusion shall have received a  certificate  of
good  standing  from the State of  Florida,  dated as of a date  within ten days
prior to the Closing Date  certifying  that  Visualcom is in good  standing as a
corporation in the State of Florida.

     Section 5.05 Approval by Visualcom  Shareholders.  The Exchange  shall have
been  approved,  and shares  delivered in  accordance  with Section 3.03, by the
holders of one hundred  percent  (100%) of the  outstanding  Preferred  Stock of
Visualcom  and by the  holders  of not less than  seventy  percent  (70%) of the
outstanding  common stock of  Visualcom,  unless a lesser number is agreed to by
Fusion,  all of which  shareholders  shall  have  certified  that  they meet the
definition of "accredited investors" under the Securities Act; and the number of
shares of common stock of Visualcom  held by Dissenting  Shareholders  shall not
exceed five percent (5%) of the outstanding  shares of Visualcom common stock on
the Closing Date.

     Section  5.06  No  Governmental  Prohibition.   No  order,  statute,  rule,
regulation,  executive order, injunction,  stay, decree, judgment or restraining
order shall have been enacted, entered,  promulgated or enforced by any court or
governmental  or regulatory  authority or  instrumentality  which  prohibits the
consummation of the transactions contemplated hereby.

                                       19
<PAGE>

     Section 5.07  Consents.  All  consents,  approvals,  waivers or  amendments
pursuant to all contracts,  licenses,  permits, trademarks and other intangibles
in connection with the transactions  contemplated  herein,  or for the continued
operation  of  Fusion  and  Visualcom  after  the  Closing  Date on the basis as
presently operated shall have been obtained.

     Section 5.08 Other Items.

     (a)  Fusion  shall  have  received  a  list  of  Visualcom's   shareholders
     containing the name,  address,  and number of shares held by each Visualcom
     Common Shareholder and each Visualcom Preferred  Shareholder as of the date
     of Closing,  certified by an executive  officer of Visualcom as being true,
     complete and accurate; and

     (b)  Fusion  shall  have   received  such  further   opinions,   documents,
     certificates  or  instruments  relating  to the  transactions  contemplated
     hereby as Fusion may reasonably request.

                                   ARTICLE VI

                CONDITIONS PRECEDENT TO OBLIGATIONS OF VISUALCOM
                         AND THE VISUALCOM SHAREHOLDERS

     The obligations of Visualcom and the Visualcom Common  Shareholders and the
Visualcom  Preferred  Shareholders  under  this  Agreement  are  subject  to the
satisfaction, at or before the Closing Date, of the following conditions:

     Section 6.01 Accuracy of Representations and Performance of Covenants.  The
representations  and warranties  made by Fusion in this Agreement were true when
made and  shall be true as of the  Closing  Date  (except  for  changes  therein
permitted  by  this  Agreement)  with  the  same  force  and  effect  as if such
representations  and  warranties  were  made  at  and as of  the  Closing  Date.
Additionally,  Fusion shall have  performed  and complied with all covenants and
conditions  required by this  Agreement  to be  performed  or  complied  with by
Fusion.  Visualcom shall have been furnished with  certificates,  signed by duly
authorized  executive  officers  of Fusion and dated the  Closing  Date,  to the
foregoing effect.

     Section 6.02  Officer's  Certificate.  Visualcom  shall have been furnished
with certificates dated the Closing Date and signed by duly authorized executive
officers of Fusion, to the effect that no litigation, proceeding,  investigation
or inquiry is pending,  or to the best  knowledge  of Fusion  threatened,  which
might  result  in an  action  to  enjoin  or  prevent  the  consummation  of the
transactions  contemplated  by this Agreement or, to the extent not disclosed in
the Fusion Schedules,  by or against Fusion,  which might result in any material
adverse change in any of the assets, properties or operations of Fusion.

     Section 6.03 No Material  Adverse Change.  Prior to the Closing Date, there
shall not have  occurred  any change in the  financial  condition,  business  or
operations of Fusion nor shall any event have occurred which,  with the lapse of
time or the  giving  of  notice,  is  determined  to be  unacceptable  using the
criteria set forth in Section 2.11.

                                       20
<PAGE>

     Section  6.04  No  Governmental  Prohibition.   No  order,  statute,  rule,
regulation,  executive order, injunction,  stay, decree, judgment or restraining
order shall have been enacted, entered,  promulgated or enforced by any court or
governmental  or regulatory  authority or  instrumentality  which  prohibits the
consummation of the transactions contemplated hereby.

     Section 6.05  Consents.  All  consents,  approvals,  waivers or  amendments
pursuant to all contracts,  licenses,  permits, trademarks and other intangibles
in connection with the transactions  contemplated  herein,  or for the continued
operation  of  Fusion  and  Visualcom  after  the  Closing  Date on the basis as
presently operated shall have been obtained.

     Section 6.06 Other Items.  Visualcom shall have received further  opinions,
documents,   certificates,   or   instruments   relating  to  the   transactions
contemplated hereby as Visualcom may reasonably request.

                                   ARTICLE VII

                                  MISCELLANEOUS

     Section 7.01 Brokers. Fusion and Visualcom agree that, except as set out on
Schedule  7.01  attached  hereto,  there were no finders or brokers  involved in
bringing  the parties  together  or who were  instrumental  in the  negotiation,
execution or consummation of this Agreement.  Fusion and Visualcom each agree to
indemnify  the other  against  any claim by any third  person  other  than those
described above for any commission,  brokerage, or finder's fee arising from the
transactions contemplated hereby based on any alleged agreement or understanding
between the indemnifying party and such third person, whether express or implied
from the actions of the indemnifying party.

     Section 7.02 Governing Law. This Agreement shall be governed by,  enforced,
and  construed  under and in  accordance  with the laws of the United  States of
America  and,  with  respect to the  matters of state law,  with the laws of the
State of Florida,  without  giving  effect to  principles  of  conflicts  of law
thereunder.  Each of the parties (a)  irrevocably  consents  and agrees that any
legal or equitable  action or  proceedings  arising under or in connection  with
this Agreement shall be brought  exclusively in the federal courts of the United
States, and (b) by execution and delivery of this Agreement, irrevocably submits
to and accepts,  with respect to any such action or  proceeding,  generally  and
unconditionally,  the jurisdiction of the United States District Court in Miami,
Florida,  and  irrevocably  waives  any and all  rights  such  party  may now or
hereafter have to object to such jurisdiction.

     Section  7.03  Notices.  Any  notice or other  communications  required  or
permitted  hereunder  shall be in  writing  and shall be  sufficiently  given if
personally delivered to it or sent by telecopy,  overnight courier or registered
mail or certified mail, postage prepaid, addressed as follows:

               If to Fusion, to:    Fusion Networks Holdings, Inc.
                                    8115 N.W. 29th Street
                                    Miami, Florida 33122
                                    Attn: Gary Goldfarb, Chief Executive Officer

               With copies to:      Vanderkam & Sanders
                                    440 Louisiana Street, Suite 475
                                    Houston, Texas 77002
                                    Attn: Michael Sanders, Esq.

               If to Visualcom, to: Visualcom, Inc.
                                    1001 Brickell Bay Dr., Suite 1520
                                    Miami, Florida 33131
                                    Attn: Andre L. Vanyi-Robin

or such other  addresses  as shall be  furnished  in writing by any party in the
manner for giving notices hereunder,  and any such notice or communication shall
be deemed to have been given (i) upon receipt, if personally delivered,  (ii) on
the day after dispatch,  if sent by overnight courier,  (iii) upon dispatch,  if
transmitted by telecopy and receipt is confirmed by telephone and (iv) three (3)
days after mailing, if sent by registered or certified mail.

     Section 7.04 Attorney's Fees. In the event that either party institutes any
action or suit to enforce this  Agreement  or to secure  relief from any default
hereunder or breach  hereof,  the  prevailing  party shall be  reimbursed by the
losing party for all costs,  including  reasonable  attorney's fees, incurred in
connection  therewith  and in enforcing or  collecting  any  judgement  rendered
therein.

     Section 7.05 Confidentiality. Each party hereto agrees with the other that,
unless  and until the  transactions  contemplated  by this  Agreement  have been
consummated,  it and its representatives will hold in strict confidence all data
and information obtained with respect to another party or any subsidiary thereof
from any  representative,  officer,  director or employee,  or from any books or
records or from personal inspection, of such other party, and shall not use such
data or  information  or disclose  the same to others,  except (i) to the extent
such data or information is published,  is a matter of public  knowledge,  or is
required  by law to be  published;  or  (ii) to the  extent  that  such  data or
information  must be used or disclosed in order to consummate  the  transactions
contemplated  by  this  Agreement.  In the  event  of the  termination  of  this
Agreement,  each party shall return to the other party all  documents  and other
materials obtained by it or on its behalf and shall destroy all copies, digests,
work papers,  abstracts or other materials relating thereto, and each party will
continue to comply with the confidentiality provisions set forth herein.

     Section  7.06  Public   Announcements  and  Filings.   Unless  required  by
applicable  law or  regulatory  authority,  none of the  parties  will issue any
report,  statement or press release to the general public,  to the trade, to the
general trade or trade press, or to any third party (other than its advisors and
representatives in connection with the transactions contemplated hereby) or file
any  document,  relating to this  Agreement  and the  transactions  contemplated
hereby,  except as may be  mutually  agreed by the  parties.  Copies of any such
filings,  public  announcements or disclosures,  including any  announcements or
disclosures  mandated by law or  regulatory  authorities,  shall be delivered to
each party at least one (1) business day prior to the release thereof.

     Section  7.07  Schedules;  Knowledge.  Each party is  presumed to have full
knowledge of all information set forth in the other party's schedules  delivered
pursuant to this Agreement.

                                       21
<PAGE>

     Section 7.08 Third Party  Beneficiaries.  This contract is strictly between
Fusion  and  Visualcom,  and,  except as  specifically  provided,  no  director,
officer, stockholder (other than the Visualcom Common Shareholders and Visualcom
Preferred  Shareholders),  employee,  agent, independent contractor or any other
person  or  entity  shall be  deemed  to be a third  party  beneficiary  of this
Agreement.

     Section 7.09 Expenses.  Subject to Sections 3.05 and 7.04 above, whether or
not the Exchange is  consummated,  each of Fusion and Visualcom  will bear their
own respective  expenses,  including legal,  accounting and  professional  fees,
incurred  in  connection  with the  Exchange  or any of the  other  transactions
contemplated hereby.

     Section  7.10  Entire  Agreement.  This  Agreement  represents  the  entire
agreement  between  the  parties  relating  to the  subject  matter  thereof and
supersedes all prior agreements,  understandings  and  negotiations,  written or
oral, with respect to such subject matter.

     Section 7.11 Survival;  Termination.  The representations,  warranties, and
covenants  of the  respective  parties  shall  survive the Closing  Date and the
consummation of the transactions herein contemplated for a period of two years.

     Section  7.12  Counterparts.  This  Agreement  may be  executed in multiple
counterparts,  each of which shall be deemed an original  and all of which taken
together shall be but a single instrument.

     Section 7.13 Amendment or Waiver.  Every right and remedy  provided  herein
shall be cumulative with every other right and remedy, whether conferred herein,
at law, or in equity, and may be enforced concurrently  herewith,  and no waiver
by any  party  of the  performance  of any  obligation  by the  other  shall  be
construed as a waiver of the same or any other  default  then,  theretofore,  or
thereafter  occurring or existing.  At any time prior to the Closing Date,  this
Agreement may by amended by a writing signed by all parties hereto, with respect
to any of the  terms  contained  herein,  and  any  term  or  condition  of this
Agreement may be waived or the time for performance may be extended by a writing
signed by the party or parties for whose benefit the provision is intended.

     Section  7.14 Best  Efforts.  Subject  to the terms and  conditions  herein
provided,  each party  shall use its best  efforts  to  perform  or fulfill  all
conditions  and  obligations  to be  performed  or  fulfilled  by it under  this
Agreement so that the transactions  contemplated  hereby shall be consummated as
soon as  practicable.  Each party also agrees that it shall use its best efforts
to take, or cause to be taken,  all actions and to do, or cause to be done,  all
things  necessary,  proper or advisable under applicable laws and regulations to
consummate and make effective this Agreement and the  transactions  contemplated
herein.

                                       22
<PAGE>

     IN WITNESS WHEREOF, the corporate parties hereto have caused this Agreement
to be executed by their respective officers, hereunto duly authorized, as of the
date first-above written.

ATTEST:                                       FUSION NETWORKS HOLDINGS, INC.

                                             BY:
--------------------------------                -----------------------------
Secretary or Assistant Secretary                   President

ATTEST:                                       VISUALCOM, INC.

                                             BY:
--------------------------------               -------------------------------
Secretary or Assistant Secretary                   PresidentESCROW AGREEMENT

     THIS ESCROW  AGREEMENT  is made and entered  into this ___ day of November,
2000, by and between FUSION NETWORKS HOLDINGS,  INC. (hereinafter referred to as
the  "Company"),   VISUALCOM,   INC.   ("Visualcom")   and  MICHAEL  W.  SANDERS
(hereinafter referred to as the "Escrow Agent").

     WHEREAS,  the  Company  has entered  into a Plan of Share  Exchange,  dated
November ___, 2000 with Visualcom (the "Exchange  Agreement")  pursuant to which
the  Company  agreed  to  issue  to the  shareholders  (the  "Shareholders")  of
Visualcom  2,000,000  shares of its common stock (the  "Shares")  and  2,500,000
warrants  (the  "Warrants")  in exchange  for all of the  outstanding  shares of
Visualcom (the "Exchange");

     WHEREAS,  pursuant to the terms of the Exchange and the Exchange Agreement,
1,000,000 of the Shares (the "Escrow Shares") and 1,000,000 of the Warrants (the
"Escrow  Warrants") are to be held in escrow until the  satisfaction  of certain
revenue  criteria (the  "Earn-Out") by Visualcom and the satisfaction of certain
other conditions (the "Other Conditions") by the Shareholders; and

     WHEREAS, the Company and Visualcom desire the Escrow Agent to be and act as
escrow agent to hold the Escrow Shares and Escrow  Warrants until  completion of
the  periods  described  herein  with  respect  to the  Earn-Out  and the  Other
Conditions  and the Escrow Agent has expressed its  willingness to act as escrow
agent, subject to the terms and conditions set forth below.

     NOW,  THEREFORE,  in  consideration  of the mutual covenants and agreements
contained  herein,  and  other  good and  valuable  consideration,  receipt  and
sufficiency  of which is hereby  acknowledged,  the Company,  Visualcom  and the
Escrow Agent do hereby agree as follows:

     1. Creation of Escrow Account.  The Company andVisualcom hereby appoint the
Escrow Agent to receive the Escrow  Shares and Escrow  Warrants  issuable to the
Shareholders  pursuant to the terms of the  Exchange.  The Escrow  Agent  hereby
agrees to act as the escrow  agent of the Company and  Visualcom  in  connection
with the Exchange and the issuance of Escrow  Shares and Escrow  Warrants and to
exercise  control over the Escrow Shares and the Escrow Warrants  (collectively,
the "Deposit") pursuant to and in accordance with the terms of this Agreement.

     2.  Deposit.  On the  closing  contemplated  pursuant  to the  terms of the
Exchange  Agreement,  the Company will deliver and the Escrow Agent will receive
and hold in escrow,  the Deposit.  Together  with the Deposit,  the Company will
deliver to the Escrow Agent a list of the  Shareholders,  which will specify the
number of Escrow Shares and Escrow  Warrants  allocable to each  Shareholder and
the mailing addresses of the Shareholders.
<PAGE>

     3. Conditions of Release of Deposit; Earn-Out; Other Conditions.

     a. The Deposit shall be released and delivered, in part or in whole, to the
Shareholders,  in their respective  interests,  or to the Company subject to the
satisfaction  of  the  following  Earn-Out   provisions,   and  subject  to  the
satisfaction  of the Other  Conditions  set forth in  paragraph  3.b.  below and
compliance with the procedures set forth in paragraph 3.c. below:

          i.  one-third  (1/3) of the Deposit shall be released and delivered to
     the  Shareholders if the gross revenues booked by Visualcom for a period of
     ninety (90)  calendar  days  following  the Closing Date (as defined in the
     "Exchange  Agreement") (the  "First  Earn-Out  Period")  equals or  exceeds
     $600,000;

          ii.  one-third (1/3) of the Deposit shall be released and delivered to
     the  Shareholders if the gross revenues booked by Visualcom for a period of
     ninety (90) calendar days following the First Earn-Out  Period (the "Second
     Earn-Out  Period")  equals or  exceeds  $800,000,  or the  aggregate  gross
     revenues  booked during the First Earn-Out  Period and the Second  Earn-Out
     Period equals or exceeds $1,400,000; and

          iii. one-third (1/3) of the Deposit shall be released and delivered to
     the  Shareholders if the gross revenues booked by Visualcom for a period of
     ninety (90) calendar days following the Second  Earn-Out Period (the "Third
     Earn-Out  Period")  equals or exceeds  $1,000,000,  or the aggregate  gross
     revenues  booked  during the First  Earn-Out  Period,  the Second  Earn-Out
     Period and the Third Earn-Out Period equals or exceeds $2,400,000.

     for purposes hereof,

          iv.  "gross  revenues  booked"  shall  consist  of  the  value  of all
     contracts  signed by  Visualcom,  or  contracts  signed by the Company as a
     direct result of Visualcom's efforts, during a period,  including the Grace
     Period as defined below,  including the value of products or services to be
     sold by the Company  under the  contract,  provided  that all values  under
     contracts  are based on fixed  revenue  streams  which are not  subject  to
     non-performance contingencies under the contract;

          v. in the event that the revenue  requirements  for any of the periods
     described  in  subparagraphs  i, ii or iii of this  paragraph  3(a) are not
     satisfied  during any such period,  revenues of  Visualcom  for a period of
     thirty  (30)  days  following  the  end of each  such  period  (the  "Grace
     Periods") shall be included in the applicable  period and shall be excluded
     from the following period;

          vi. in the event that the revenues of Visualcom for any of the periods
     described  in  subparagraphs  i, ii or iii of this  paragraph  3(a) are not
     satisfied  during  any such  period,  but the total  revenues  for any such
     period equal or exceed fifty percent (50%) of the required  revenue levels,
     a "Partial  Earn-Out" shall be deemed to have occurred for that period; and
     vii. in the event that total  revenues of Visualcom  for any of the periods
     described in  subparagraphs  i, ii or iii of this  paragraph  3(a) are less
     than  fifty  percent  (50%)  of the  required  revenue  levels,  a  "Failed
     Earn-Out" shall be deemed to have occurred for that period.
<PAGE>

     b. In addition to the Earn-Out provisions of paragraph 3.a. above,  release
of  the  Deposit  shall  be  subject  to  satisfaction  of the  following  Other
Conditions:

          i. the  Representations  and Warranties of Visualcom,  as set forth in
     Article I of the Exchange Agreement, shall continue to be true and accurate
     in all material  respects as of each  respective  Release  Date, as defined
     below;

          ii. no material liabilities of Visualcom, whether fixed or contingent,
     shall be  determined  to have existed at the Closing Date of the  Exchange,
     other than liabilities  properly  disclosed in the financial  statements of
     Visualcom provided to the Company, or otherwise disclosed in writing to the
     Company by Visualcom on or before the Closing  Date.  For purposes  hereof,
     any liability,  or liabilities in the aggregate,  exceeding $5,000 shall be
     deemed to be material; and

          iii. shares of Visualcom common stock held by Dissenting  Shareholders
     (as defined in the Exchange  Agreement)  shall not exceed five percent (5%)
     of the total Visualcom  Common Shares (as defined in the Escrow  Agreement)
     outstanding on the Closing Date (Visualcom Common Shares held by Dissenting
     Shareholders  in  excess of five  percent  (5%) are  referred  to herein as
     "Excess  Dissenting  Shares");  provided,  however,  that the condition set
     forth  herein  shall  terminate  upon  delivery by the Escrow  Agent to the
     Company of Escrow Shares pursuant to paragraph 3.c.ix below.

     c. The  Deposit  shall be released  and  delivered  by the Escrow  Agent in
accordance with the following procedures:

          i.  within  fifteen  (15) days  after the end of each of the  Earn-Out
     periods described in subparagraphs i, ii or iii of paragraph 3(a),  without
     giving effect to any Grace Period, the independent  auditors of the Company
     shall  deliver  to the Escrow  Agent,  with a copy to the  Shareholders,  a
     written statement  indicating that the revenue  requirements for the period
     in question  have been  satisfied in whole (a  "Satisfactory  Earn-Out") or
     have not been satisfied;
<PAGE>

          ii. if the Company's  independent  auditors  provide a written  notice
     that the revenue  requirements  for a period have not been satisfied in the
     manner  described in subparagraph i of paragraph 3(c),  within fifteen (15)
     days  after  the  end  of  each  of  the  Earn-Out  periods   described  in
     subparagraphs  i, ii or iii of paragraph  3(a),  after giving effect to the
     Grace Period, the independent  auditors of the Company shall deliver to the
     Escrow  Agent,  with  a copy  to  the  Shareholders,  a  written  statement
     indicating  that  a  Satisfactory  Earn-Out,  Partial  Earn-Out  or  Failed
     Earn-Out  has  occurred  for the  period  in  question  and,  if a  Partial
     Earn-Out,  setting  out the  percentage  to  which  the  Earn-Out  has been
     satisfied;

          iii.  simultaneous  with each  letter from the  Company's  independent
     auditors as provided for in  subparagraphs  i and ii of paragraph 3(c), the
     Company shall provide a written  statement to the Escrow Agent, with a copy
     to the  Shareholders,  indicating  that the Other  Conditions  described in
     paragraph  3(b) have been  satisfied  or, if they have not been  satisfied,
     indicating the specific  facts  representing a failure to satisfy the Other
     Conditions.

          iv. if the Company should provide a letter to the Escrow Agent and the
     Shareholders in the manner prescribed in subparagraph iii of paragraph 3(c)
     indicating  that  there  has been a  failure  to  satisfy  any of the Other
     Conditions,  the Shareholders shall notify the Escrow Agent, with a copy to
     the Company,  in writing either confirming the failure to satisfy the Other
     Conditions  or  disputing  the failure to satisfy the Other  Conditions  (a
     "Dispute Letter");

          v. if the Escrow  Agent  receives  (A) a letter  from the  independent
     auditors indicating that a Satisfactory  Earn-Out has occurred for a period
     and (B)(I) a letter from the Company  indicating that the Other  Conditions
     have been satisfied, or (II) if the Company should fail to provide a letter
     with respect to satisfaction of the Other Conditions  within the prescribed
     period;  then the Escrow Agent shall  within five (5)  business  days after
     receipt of the referenced  letters forward to the Shareholders by overnight
     delivery,  certified mail or personal  delivery,  each of the Shareholders'
     respective interests in the Deposit for the Earn-Out Period in question.

          vi. if the Escrow  Agent  receives  (A) a letter from the  independent
     auditors  indicating that a Partial  Earn-Out has occurred for a period and
     (B)(I) a letter from the Company  indicating that the Other Conditions have
     been satisfied, or (II) if the Company should fail to provide a letter with
     respect to  satisfaction  of the Other  Conditions  within  the  prescribed
     period;  then the Escrow Agent shall  within five (5)  business  days after
     receipt of the referenced letters forward by overnight delivery,  certified
     mail  or  personal   delivery,   (X)  to  the  Shareholders   each  of  the
     Shareholders' respective interests in the Deposit as reduced to reflect the
     percentage to which the Earn-Out has been satisfied for the Earn-Out Period
     in question and (Y) to the Company, the balance of the Deposit allocable to
     the Earn-Out Period in question.
<PAGE>

          vii.  if the  Escrow  Agent  receives  a letter  from the  independent
     auditors  indicating that a Failed Earn-Out has occurred for a period,  the
     Escrow  Agent shall  within  five (5)  business  days after  receipt of the
     referenced letter forward to the Company by overnight  delivery,  certified
     mail or personal  delivery,  the portion of the  Deposit  allocable  to the
     Earn-Out Period in question.

          viii. if the Escrow Agent  receives (A) a letter from the  independent
     auditors  indicating that a Satisfactory  Earn-Out or Partial  Earn-Out has
     occurred for a period and (B) a letter from the Company indicating that the
     Other  Conditions have not been satisfied,  the Escrow Agent shall continue
     to hold the  balance of the  Deposit  until  such time as the Escrow  Agent
     shall  have   received  a  letter  signed  by  both  the  Company  and  the
     Shareholders,  or an order of a court,  instructing  the Escrow  Agent with
     respect to the  delivery  of the  balance of the  Deposit at which time the
     Escrow Agent shall  deliver the balance of the Deposit in  accordance  with
     such instructions.

          ix. notwithstanding anything herein to the contrary, in the event that
     the Escrow  Agent  receives a letter from the Company  indicating  that the
     Company  has  received  notice of the  exercise of  dissenters  rights with
     respect to Excess Dissenting Shares, the Escrow Agent shall (A) continue to
     hold the balance of the Deposit  until such time as the Escrow  Agent shall
     have received a letter (the "Notice of  Settlement")  signed by the Company
     (x) indicating that the value of the Excess  Dissenting Shares (the "Agreed
     Value") has been agreed to by the Company and the Dissenting  Shareholders,
     in writing or by court order (the  "Settlement  Agreement"),  and providing
     evidence of the same, and (y) setting out the total out-of-pocket cost (the
     "Dissent Cost")  directly  attributable  to the Excess  Dissenting  Shares,
     including the aggregate  Agreed Value,  legal fees and court costs, if any,
     and  setting out the closing  price (the  "Stock  Price") of the  Company's
     Common  Stock  on the  trading  day  prior  to the  date of the  Settlement
     Agreement,  and (B) within  five (5)  business  days  after  receipt of the
     Notice of  Settlement,  forward  to the  Company,  by  overnight  delivery,
     certified  mail  or  personal  delivery,   that  number  of  Escrow  Shares
     determined  by dividing the Dissent  Cost by the Stock Price.  In the event
     that Escrow Shares are delivered to the Company for  cancellation  pursuant
     to the provisions of this paragraph 3(c)ix,  the Deposit shall be deemed to
     have been  retroactively  reduced by such  number of Escrow  Shares and all
     calculations  hereunder  shall be made as if the Escrow  Shares in question
     had never been included in the Deposit.

     4.  Termination of the Escrow.  The Escrow  created hereby shall  terminate
upon disbursement of the Deposit in full in accordance with paragraph 3. If, for
any reason,  the Escrow  Agent  continues  to hold part or all of the Deposit on
December  31,  2001,  the Escrow Agent may deliver the balance of the Deposit to
the  Company,  or in the manner  described  in  paragraph 8, as the Escrow Agent
shall  determine  in its  sole  discretion,  at  which  time  the  Escrow  shall
terminate.

<PAGE>

     5. Limits of Escrow Agent Obligations.  The Escrow Agent shall be protected
in acting upon,  recognizing,  or otherwise  relying upon any paper or documents
believed by it to be genuine and  reasonably  believed by it to have been signed
by the  person  or  persons  by  whom  it  purports  to have  been  signed.  The
obligations of the Escrow Agent shall be qualified in full by Exhibit A attached
hereto.

     6.  Restrictions  on Use of Escrow  Shares and Escrow  Warrants  in Escrow.
Until duly  delivered in  accordance  with  paragraph  3, the Escrow  Shares and
Escrow  Warrants  comprising the Deposit and held in the Escrow Account shall be
exclusive  property of the Company and the  Shareholders  shall have no right to
custody  or  possession  thereof  or right to  assign,  transfer,  encumber,  or
hypothecate  the proceeds from the sale of Escrow Shares or Escrow Warrants held
by the Escrow Agent in the Escrow Account in any manner  whatsoever prior to the
release  of said  Escrow  Shares  and Escrow  Warrants  from the Escrow  Account
pursuant to Paragraph 3 hereof.

     7. Escrow Shares and Escrow Warrants  Subject to Process  Against  Company.
All Escrow Shares and Escrow  Warrants  deposited in the Escrow Account shall be
subject to writs of  attachment,  writs of  execution,  and other legal  process
directed  against  personal  property owned by, or debts or credits owed, by the
Company.  For the purpose of  responding  to such process the Escrow Agent shall
consider all Escrow Shares and Escrow  Warrants held in the Escrow Account to be
standing in the name of the judgment debtor Company alone,  and the Escrow Agent
shall not be required  to demand any bond or other  security  or  protection  to
indemnify  the  Company or the  respective  Shareholders  against  any damage by
reason of the holding or taking of such sums, except that the Escrow Agent shall
give the Company and the  Shareholders  prompt written notice of any attachment,
writ of execution, or other legal process brought against such Escrow Shares and
Escrow Warrants.

     8.  Dispute  Relating to Proceeds  in Escrow.  The Escrow  Agent shall give
prompt written  notice to the Company of any demand,  request,  order,  or other
notice  received  by it  from  any  Shareholder,  or any  person  purporting  to
represent any  Shareholder  (including a  conservator,  guardian,  executor,  or
administrator,  or the Securities and Exchange  Commission),  where such demand,
request,  order or other  notice  demands  withdrawal  of all or any part of the
Escrow  Shares and Escrow  Warrants  on  deposit in the Escrow  Account.  If the
Escrow Agent does not receive a written response to such notice from the Company
within five working  days of receipt of said notice by the  Company,  the Escrow
Agent may, in its sole discretion, deliver the Escrow Shares and Escrow Warrants
then on deposit to the respective Shareholder(s),  their representatives, or the
Securities  and  Exchange  Commission;  provided,  however,  if the Escrow Agent
receives written notice from the Company within the time period specified herein
of any  controversy  between the Company and any  Shareholder or any third party
with respect to the Escrow Shares or the Escrow Warrants, the Escrow Agent shall
not make any  delivery  in any regard to such  demand,  request,  order or other
notice received by it, but may await settlement of any such controversy by final
adjudication of the controversy in appropriate legal proceedings,  or otherwise,
as the Escrow Agent may deem necessary, and in such event the Escrow Agent shall
not be liable for  interest  or  damage.  Alternatively,  the  Escrow  Agent may
initiate in the appropriate federal or state courts having jurisdiction over the
proceeds held in the Escrow Account an action to interplead the property held in
the escrow and seek a judicial  resolution of conflicting  claims  therefor.  In
either  case,  the Escrow  Agent  shall be  indemnified  by the  Company and the
Shareholders pursuant to Paragraph 9 hereof.
<PAGE>

     9.  Liability of Escrow  Agent and  Indemnification.  Delivery  made by the
Escrow Agent, in accordance  with Paragraphs 3 or 4 of this Agreement,  will act
as a  complete  discharge  of all  liability  of the  Escrow  Agent  under  this
Agreement,  and the Company and the  Shareholders  jointly and severally  agree,
whether  or not the  Escrow  Agent has made any  delivery  pursuant  hereto,  to
indemnify and hold the Escrow Agent  harmless from any and all costs,  expenses,
losses, damages and liabilities of any nature relating to or arising out of this
Escrow  Agreement and the obligations of the Escrow Agent  hereunder,  except as
arise out of the Escrow Agent's own misconduct or negligence.  No such indemnity
shall be paid from,  charged  against,  or satisfied  from the Escrow  Shares or
Escrow  Warrants  held in the Escrow  Account under any  circumstances,  and the
Escrow Agent shall have no rights  against or lien against such Escrow Shares or
Escrow Warrants for any claim or indemnity  hereunder,  it being  understood and
agreed that such  obligation to indemnify the Escrow Agent shall be the sole and
exclusive obligation of the Company and the Shareholders.

     10. Disputes Relating to Earn-Out. Subject to the Escrow Agent's continuing
rights under paragraph 8 above,  any dispute with respect to the satisfaction of
the Earn-Out criteria set forth in paragraph 3, shall be settled  exclusively by
arbitration under the Commercial  Arbitration Rules of the American  Arbitration
Association  in  Miami,  Florida,  and  judgment  on the award  rendered  by the
arbitrator(s) may be entered in any court having jurisdiction thereof.

     11. Fees and Charges of Escrow  Agent.  The fees and usual  charges  agreed
upon for the Escrow Agent's services hereunder, as set out on Exhibit B attached
hereto,   shall  be  considered   compensation  for  its  ordinary  services  as
contemplated by this Escrow Agreement.  All such usual fees and charges shall be
the obligation of and shall be paid solely by the Company. In the event that the
conditions of this Escrow Agreement are not promptly fulfilled by the Company or
the Escrow Agent renders any services  hereunder  not expressly  provided for in
this Escrow Agreement, or there is any assignment of any interest in the subject
matter of this escrow or modification  hereof, or a controversy arises hereunder
that the  Escrow  Agent is made a party to, or the  Escrow  Agent  initiates  or
intervenes in any  litigation  pertaining  to the Escrow  Account or the subject
matter  thereof  as  provided  herein,  the  Escrow  Agent  shall be  reasonably
compensated  for such  extraordinary  services and  reimbursed for all costs and
expenses  including  legal  expenses  occasioned by such delay,  controversy  or
litigation  by the Company.  The Escrow Agent shall not have the right to retain
any  documents  and/or other  things of value,  including  the Escrow  Shares or
Escrow Warrants held in the Escrow Account,  nor may the Escrow Agent subject to
lien or otherwise seek  satisfaction of such compensation from such documents or
proceeds for such compensation, fees, costs, and expenses, but shall look solely
to the Company for payment thereof.

     12.  Notices.  Any  communications  between  the  parties  hereto or notice
provided  herein may be given by mailing the same to the Escrow  Agent by United
States mail,  registered or certified,  postage prepaid,  at Michael W. Sanders,
Esq., 440 Louisiana,  Suite 475,  Houston,  Texas 77002,  by mailing same to the
Company by United  States mail,  registered or certified,  postage  prepaid,  to
Fusion Networks Holdings, Inc., 8115 N.W. 29th Street, Miami, Florida 33122, and
by mailing the same to the Shareholders at their respective addresses as set out
on the list delivered pursuant to paragraph 2 or to such other address as any of
the parties hereto may in writing hereafter indicate.
<PAGE>

     13.  Governing Law. This Agreement and any rights or obligations  hereunder
shall be construed  and regulated  under and their  validity and effect shall be
determined by the laws of the State of Florida.

     14. Severability. If one or more of the provisions contained herein for any
reason  shall be held to be invalid,  illegal or  unenforceable  in any respect,
such  invalidity,  illegality  or  unenforceabilIty  shall not  effect any other
provisions  hereof and this  Agreement  shall be construed  as if such  invalid,
illegal or unenforceable provision had never been contained herein.

     IN WITNESS  WHEREOF,  the parties  hereto have caused this  Agreement to be
executed  by their  officers  thereunto  duly  authorized  as of the date  first
written above.

                                             COMPANY:

                                             FUSION NETWORKS HOLDINGS, INC.

                                              By:
                                                 -------------------------------
                                              Title:
                                                   -----------------------------

                                             VISUALCOM, INC.

                                             By:
                                                --------------------------------
                                             Title:
                                                   -----------------------------

                                             ESCROW AGENT:

                                             MICHAEL W. SANDERS

                                             By:
                                                --------------------------------
                                             Title:
                                                   -----------------------------

<PAGE>

                                    EXHIBIT A

               GENERAL TERMS AND CONDITIONS FOR ESCROW AGREEMENTS

     The  following  provisions  shall  be part  of the  escrow  agreement  (the
"Agreement") to which this exhibit is attached:

     1.   The duties of Michael W.  Sanders  (the  "Escrow  Agent")  shall be as
          expressed  under the  Agreement  and the  Escrow  Agent  shall have no
          implied duties. The permissive right or power to take any action shall
          not be construed as a duty to take action under any circumstances.

     2.   The Escrow  Agent shall not be  obligated to risk its own funds in the
          administration  of the  account.  The  Escrow  Agent need not take any
          action  under the  Agreement  which may  involve it in any  expense or
          liability  until  indemnified to its  satisfaction  for any expense or
          liability it reasonably believes it may incur.

     3.   Any recitals contained in the Agreement shall be deemed to be those of
          the principal and not those of the Escrow Agent.

     4.   Unless specifically required by the Agreement,  the Escrow Agent shall
          not be  required  to give any bond or  surety  or  report to any Court
          despite any statute, custom or rule to the contrary.

     5.   The Escrow Agent may execute any of the duties under the  Agreement by
          or through agents or receivers.

     6.   The Escrow  Agent shall not be required to take notice or be deemed to
          have notice of any default or other fact or event under the  Agreement
          unless the Escrow Agent shall be  specifically  notified in writing of
          such default, fact, or event.

     7.   The Escrow Agent may at any time resign from the  position  created in
          the Agreement by giving thirty (30) days written  notice by registered
          or certified mail to the parties to the Agreement and such resignation
          shall take effect at the end of such thirty (30) days or upon  earlier
          appointment of a successor.

     8.   In the event the Escrow Agent becomes involved in litigation by reason
          of the  administration  of this Agreement,  it is hereby authorized to
          deposit with the Clerk of the Court in which the litigation is pending
          any and all funds,  securities,  or other property held by it pursuant
          hereto,  less its fees,  expenses and advances,  and  thereupon  shall
          stand fully  relieved and discharged of any further  duties.  Also, in
          the event the Escrow Agent is threatened  with litigation by reason of
          the Agreement,  it is hereby authorized to file an interpleader action
          in any court of competent  jurisdiction  and to deposit with the Clerk
          of such Court any funds, securities, or other property held by it, and
          thereupon  shall stand fully  relieved and  discharged  of any further
          duties.
<PAGE>

     9.   The Escrow Agent may engage legal counsel,  who may be counsel for any
          party  to the  Agreement,  and  shall  not be  liable  for  any act or
          omission  taken or suffered  pursuant to the opinion of such  counsel.
          The fees and expenses of such  counsel  shall be deemed to be a proper
          expense for which the Escrow Agent will have a lien against the Escrow
          Account.

     10.  Unless specifically required by the terms of the Agreement, the Escrow
          Agent  need not take  notice  of or  enforce  any  other  document  or
          relationship,   including  without  limiting  the  generality  of  the
          foregoing, any contract, settlement,  arrangements,  plan, assignment,
          pledge, release, decree or the like, but its duties shall be solely as
          set out in the Agreement.

     11.  The Escrow Agent shall be protected in acting upon any notice request,
          consent,  certificate,  order, affidavit,  letter,  telegram, or other
          paper or document believed by it to be genuine and correct and to have
          been signed or sent by the proper person or persons.
<PAGE>

                                    EXHIBIT B

                                ESCROW AGENT FEES

1.   $5,000.

2.   All  out-of-pocket  expenses  incurred by the Escrow Agent in administering
     the Escrow Account payable when billed.

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