Document:

EXHIBIT 10.1
                       PREFERRED STOCK PURCHASE AGREEMENT

         This Preferred Stock Purchase  Agreement  ("Agreement") is entered into
this 4th of May,  2005,  by and among U.S.  TELESIS  HOLDINGS,  INC., a Delaware
corporation  (hereinafter  referred to as  "Buyer")  and IRA  TABANKIN,  CHARLES
SANDER, ROBERT B. PRAG, KAI HANSEN AND HAYDEN COMMUNICATIONS,  INC. (hereinafter
each referred to as a "Seller" and  collectively  referred to as the "Sellers"),
being  all  of  the  preferred   shareholders  of  CATCHER,   INC.,  a  Delaware
corporation, (hereinafter referred to as the "Company").

         WHEREAS,  Sellers  are the  owners of record  and  beneficially  of the
number  of  shares  set  forth  on the  attached  EXHIBIT  A of the  issued  and
outstanding  series A preferred stock of the Company,  representing  one hundred
percent (100%) of the issued and outstanding  shares of series A preferred stock
of the  Company  (each a  "Preferred  Share" and  collectively,  the  "Preferred
Shares");

         WHEREAS,  simultaneously herewith Buyer and holders of shares of common
stock of the Company (the "Common Stock") enters into a stock purchase agreement
(the "Common Stock  Purchase  Agreement"),  whereby Buyer  purchases  from those
stockholders  all issued and  outstanding  shares of common  stock so that Buyer
will become sole stockholder of the Company; and

         WHEREAS,  Sellers desire to sell all of the Preferred  Shares to Buyer,
and Buyer desires to purchase the Preferred Shares from Sellers,  upon the terms
and conditions set forth herein.

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

                                       I.

                         SALE AND PURCHASE OF THE SHARES

         1.1 SALE AND PURCHASE.  Subject to the terms and conditions  hereof, at
the Closing (as defined in paragraph 1.2 below),  Seller agrees to sell, assign,
transfer and convey to Buyer, and Buyer agrees to purchase from each Seller, the
Preferred  Shares set forth  opposite  such  Seller's name in EXHIBIT A attached
hereto.  At the  Closing,  upon  payment of the  Purchase  Price (as  defined in
paragraph  1.3 below)  the  Company is  instructed  to amend its stock  transfer
records to reflect the transfer of the Preferred Shares from Seller to Buyer.

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         1.2 CLOSING. The purchase shall be consummated at a closing ("Closing")
to take  place at 11:00  o'clock  a.m.,  at the  offices of Buyer on May 4, 2005
("Closing Date") or at such other time or location as the parties hereto agree.

         1.3 PURCHASE  PRICE.  The purchase  price  ("Purchase  Price") shall be
1.7361  shares  of  Buyer's  Series  "A"  preferred  stock for each  issued  and
outstanding Preferred Share for an aggregate purchase price of 733,778 shares of
Buyer's Series A preferred  stock  ("Buyer's  Preferred  Shares") for all of the
Preferred  Shares,  such Buyer's  Preferred Shares to be allocated to Sellers as
set forth in Exhibit A. The Purchase Price shall be paid at Closing, by issuance
and  delivery  of  Buyer's  Preferred  Shares to  Sellers  against  receipt of a
certificate  from an officer of the  Company  confirming  that the  Company  has
transferred on its stock ledger ownership of the Preferred Shares from Seller to
Buyer (the "Officer's Certificate").

         1.4 OTHER  AGREEMENTS.  At the  Closing,  Buyer and each  Seller  shall
execute and deliver the Registration  Rights Agreement in substantially the form
attached hereto as Exhibit "B".

         1.5 BASIC AGREEMENTS AND TRANSACTIONS DEFINED. This Agreement and other
agreements  listed in  paragraph  1.4, are  sometimes  referred to as the "Basic
Agreements".  The  transactions  contemplated  by the Basic  Agreements  and the
Common   Stock   Purchase   Agreements   are   sometimes   referred  to  as  the
"Transactions".

                                       II.

                         REPRESENTATIONS AND WARRANTIES

         2.1  REPRESENTATIONS  AND  WARRANTIES  OF  THE  COMPANY.   The  Company
represents and warrants to Buyer as follows:

                  (a)   ORGANIZATION.   The  Company  is  a   corporation   duly
         incorporated,  validly  existing and in good standing under the laws of
         the State of Delaware.  The Company has all requisite  corporate  power
         and authority to own,  lease and operate its properties and to carry on
         its business.  The Company is duly  qualified and in good standing as a
         foreign  corporation  in  each  jurisdiction  where  its  ownership  of
         property or operation of its business  requires  qualification,  except
         where the  failure to be  qualified  would not have a material  adverse
         effect on the Company.

                  (b) CAPITAL  STRUCTURE.  The  authorized  capital stock of the
         Company  consists of One million  (1,000,000)  shares of common  stock,
         $.001 par value and Five Hundred Thousand (500,000) shares of preferred
         stock,  $.001 par value. At Closing,  349,093.5 shares of common stock,
         and  422,656  Preferred  Shares,  will be issued and  outstanding.  All
         outstanding  shares of capital stock of the Company were,  when issued,
         duly authorized,  validly issued,  fully paid and nonassessable and not
         subject to preemptive rights. There are

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         no bonds, debentures, notes or other indebtedness of the Company having
         the right to vote on any matters on which  stockholders  of the Company
         may vote.  Except as set forth in  SCHEDULE  2.1 (b), as of the date of
         this  Agreement,  there are no outstanding  options,  warrants,  calls,
         rights,  commitments,  agreements,  arrangements or undertakings of any
         kind to which the Company is a party or by which is bound or  obligated
         the Company to issue, deliver or sell, or cause to be issued, delivered
         or sold,  additional shares of capital stock or other voting securities
         of the Company.

                  (c) AUTHORITY. The Company has full power and lawful authority
         to execute and deliver the Basic  Agreements to which it is a party and
         to perform its obligations  thereunder.  The Basic  Agreements to which
         the Company is party constitute (or shall, upon execution,  constitute)
         valid and legally binding obligations upon the Company,  enforceable in
         accordance   with  their  terms  subject  to   applicable   bankruptcy,
         insolvency,  reorganization,  moratorium,  and similar  laws of general
         applicability relating to or affecting creditors' rights and to general
         principles  of equity.  Neither the execution and delivery of the Basic
         Agreements by the Company,  nor the consummation and performance of the
         Transactions   contemplated  thereby,   conflicts  with,  requires  the
         consent,  waiver or  approval  of,  results  in a breach of or  default
         under,  or gives  to  others  any  interest  or  right of  termination,
         cancellation  or  acceleration  in or with  respect  to,  any  material
         agreement  by which the  Company is a party or by which the  Company or
         any of its material properties or assets are bound or affected.

                  (d) NO  UNDISCLOSED  LIABILITIES.  Except  as set forth in the
         Private  Placement  Memorandum of the Company dated April 27, 2005 (the
         "Private  Placement  Memo"),  the Company is not aware of any  material
         liabilities  for which the Company is liable or will  become  liable in
         the future.

                  (e) TAXES. The Company has filed all federal, state, local tax
         and other  returns  and  reports  which were  required to be filed with
         respect  to  all  taxes,   levies,   imposts,   duties,   licenses  and
         registration  fees,  charges or withholdings of every nature whatsoever
         ("Taxes"), and there exists a substantial basis in law and fact for all
         positions  taken in such  reports.  No waivers of periods of limitation
         are in effect with respect to any taxes  arising from and  attributable
         to the  ownership of  properties  or  operations of the business of the
         Company.

                  (f) PROPERTIES.  Except as set forth in the Private  Placement
         Memo,  the Company has good and  marketable  title to all its  material
         personal   property,   equipment,   processes,   patents,   copyrights,
         trademarks,  franchises,  licenses and other  material  properties  and
         assets  (except for items leased or licensed to the  Company),  in each
         case free and clear of all material liens,  claims and  encumbrances of
         every kind and character.

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                  (g) BOOKS AND  RECORDS.  The books and  records of the Company
         are complete and correct in all material respects, have been maintained
         in accordance  with good business  practices and accurately  reflect in
         all material respects the business,  financial condition and results of
         operations of the Company.

                  (h) TRANSACTIONS WITH CERTAIN PERSONS.  Except as disclosed in
         SCHEDULE  2.1(h) or in the Private  Placement  Memo, the Company has no
         outstanding  material  agreement,   understanding,   contract,   lease,
         commitment,  loan or  other  material  arrangement  with  any  officer,
         director  or  shareholder  of the  Company or any  relative of any such
         person,  or any corporation or other entity in which such person owns a
         beneficial interest.

                  (i)  MATERIAL  CONTRACTS.  Except as set forth in the  Private
         Placement Memo, the Company has no purchase, sale, commitment, or other
         contract,  the breach or  termination  of which would have a materially
         adverse  effect  on  the  business,  financial  condition,  results  of
         operations, assets, liabilities, or prospects of the Company.

                  (j)  AUTHORIZATIONS.  The  Company has no  licenses,  permits,
         approvals and other  authorizations from any governmental  agencies and
         any other entities that are materially necessary for the conduct of its
         business.

                  (k) NO  POWERS  OF  ATTORNEY.  The  Company  has no  powers of
         attorney or similar authorizations outstanding.

                  (l)  COMPLIANCE  WITH  LAWS.  To the  best  of  the  Company's
         knowledge, the Company is not in violation of any federal, state, local
         or other law, ordinance, rule or regulation applicable to its business,
         and has not received any actual or  threatened  complaint,  citation or
         notice of violation or investigation  from any governmental  authority,
         in each case where such violation would have a material  adverse effect
         on the Company.

                  (m) NO  LITIGATION.  There  are  no  actions,  suits,  claims,
         complaints or proceedings  pending or, to the knowledge of the Company,
         threatened  against the Company,  at law or in equity,  or before or by
         any governmental department,  commission,  court, board, bureau, agency
         or  instrumentality;  and, except as set forth in the Private Placement
         Memo, there are no facts which would provide a valid basis for any such
         action,  suit or  proceeding,  which,  if  determined  adversely to the
         Company, would have a material adverse effect on the Company. There are
         no  orders,   judgments  or  decrees  of  any  governmental   authority
         outstanding  which  specifically  apply  to the  Company  or any of its
         assets.

                  (n) VALIDITY. All material contracts,  agreements,  leases and
         licenses  to which the  Company is a party or by which it or any of its
         material  properties or assets are bound or affected,  are valid and in
         full force and  effect;  and no breach or default  exists,  or upon the

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         giving of notice or lapse of time, or both, would exist, on the part of
         the  Company or to the  knowledge  of the  Company,  by any other party
         thereto.

                  (o) NO ADVERSE CHANGES.  Since April 30, 2005, there have been
         no actual or  threatened  developments  of a nature that is  materially
         adverse to or involves any materially adverse effect upon the business,
         financial condition,  results of operations,  assets,  liabilities,  or
         prospects of the Company.

                  (p)  FEES.  Except  as  disclosed  in  SCHEDULE  2.1(P),   all
         negotiations relating to the Basic Agreements and the Transactions have
         been  conducted  by the Company in such a manner as not to give rise to
         any valid claim for any finder's fees, brokerage commission,  financial
         advisory  fee or related  expense or other like  payment  for which the
         Company or Buyer are or may be liable.

                  (q)  FULL  DISCLOSURE.  All  representations  of  the  Company
         contained in the Basic  Agreements are true and correct in all material
         respects  and do not  omit  any  material  fact  necessary  to make the
         statements   contained   therein  not   misleading   in  light  of  the
         circumstances  under which they were made.  There are no facts known to
         the Company  which could have a  materially  adversely  affect upon the
         business,   financial   condition,   results  of  operations,   assets,
         liabilities, or prospects of the Company, which have not been disclosed
         to Buyer  in the  Basic  Agreements  or are set  forth  in the  Private
         Placement Memo.

         2.2  REPRESENTATIONS  AND WARRANTIES OF SELLERS.  Sellers severally and
         not  jointly  represent  and  warrant  to Buyer,  with  respect  to the
         Preferred Shares owned by Seller, as follows:

                  (a) AUTHORITY.  Seller has full power and lawful  authority to
         execute and deliver the Basic  Agreements and to consummate and perform
         the Transactions  contemplated thereby. The Basic Agreements constitute
         (or  shall,  upon  execution,  constitute)  valid and  legally  binding
         obligations  upon Seller,  enforceable  in accordance  with their terms
         subject   to   applicable   bankruptcy,   insolvency,   reorganization,
         moratorium,  and similar Laws of general  applicability  relating to or
         affecting  creditors'  rights  and to  general  principles  of  equity.
         Neither the execution  and delivery of the Basic  Agreements by Seller,
         nor the consummation  and performance of the Transactions  contemplated
         thereby,  conflicts with, requires the consent,  waiver or approval of,
         results  in a breach  of, or  default  under,  or gives to  others  any
         interest or right of  termination,  cancellation  or acceleration in or
         with respect to, any  material  agreement by which Seller is a party or
         by which a Seller or any of its  material  properties,  or  assets  are
         bound or affected.

                  (b) TITLE TO THE  PREFERRED  SHARES.  At the  Closing,  Seller
         shall  own of  record  and  beneficially  the  Preferred  Shares of the
         Company set forth  opposite  such  Seller's name on EXHIBIT A, free and
         clear of all liens, encumbrances, pledges, claims, options, charges and
         assessments  of any  nature  whatsoever,  with full  right  and  lawful
         authority to transfer

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         the Preferred  Shares to Buyer. No person has any preemptive  rights or
         rights of first  refusal with respect to any of the  Preferred  Shares.
         There exists no voting  agreement,  voting trust, or outstanding  proxy
         with respect to any of the Preferred  Shares.  There are no outstanding
         rights, options, warrants, calls, commitments,  or any other agreements
         of  any  character,  whether  oral  or  written,  with  respect  to the
         Preferred Shares.

                  (c) INVESTMENT INTENT. Seller is acquiring the shares of Buyer
         for its own account,  for investment purposes only, and not with a view
         to the sale or  distribution  of any part  thereof,  and  Seller has no
         present intention of selling,  granting  participation in, or otherwise
         distributing the same. Seller understands the specific risks related to
         an investment  in the shares of Buyer,  especially as it relates to the
         financial  performance of Buyer.  Seller has no present or contemplated
         agreement,  undertaking,   arrangement,   obligation,  indebtedness  or
         commitment providing for the disposition thereof.  Seller will hold the
         Preferred  Shares in a manner  commensurate  with a private offering by
         Buyer  as  that  term  is  defined  by  the   Securities  and  Exchange
         Commission.

         2.3  REPRESENTATIONS  AND  WARRANTIES OF BUYER.  Buyer  represents  and
warrants to Seller as follows:

                  (a)  ORGANIZATION.  Buyer is a corporation duly  incorporated,
         validly  existing and in good  standing  under the laws of the state of
         Delaware. Buyer has all requisite corporate power and authority to own,
         lease and operate its properties and to carry on its business. Buyer is
         duly  qualified and in good standing as a foreign  corporation  in each
         jurisdiction  where its  ownership  of  property  or  operation  of its
         business  requires  qualification,  except  where  the  failure  to  be
         qualified would not have a material adverse effect on the Company.

                  (b) AUTHORIZED  CAPITALIZATION.  The authorized capitalization
         of Buyer  consists  of Fifty  Million  (50,000,000)  shares of .001 par
         value Common Stock,  of which Twelve Million Eight Hundred  Twenty-Five
         Thousand  (12,825,000)  shares will be issued and outstanding  prior to
         Closing and One Million  (1,000,000) shares of .001 par value Preferred
         Stock,  none of which will be issued and outstanding  prior to Closing.
         Buyer's Preferred Shares have been duly authorized, validly issued, are
         fully paid and nonassessable  with no personal  liability  attaching to
         the ownership thereof and were offered,  issued,  sold and delivered by
         Buyer in  compliance  with all  applicable  state and federal  laws. At
         Closing,  except as disclosed in SCHEDULE  2.3(b),  Buyer will not have
         any  outstanding  rights,  options,   warrants,   calls,   commitments,
         conversion or any other  agreements of any other  character,  including
         without  limitation,  registration  rights agreements,  whether oral or
         written, obligating it to issue any shares of its capital stock whether
         authorized  or not.  Buyer  is not a party  to and is not  bound by any
         agreement,  contract,  arrangement  or  understanding,  whether oral or
         written,  giving any person or entity any  interest in, or any right to
         share,  participate  in or receive  any  portion  of,  Buyer's  income,

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         profits or assets, or obligating Buyer to distribute any portion of its
         income, profits or assets.

                  (c) NO  SUBSIDIARY.  As of the  date  of this  Agreement,  the
         Company  does not  directly  or  indirectly  own any  equity or similar
         interest  in,  or any  interest  convertible  into or  exchangeable  or
         exercisable for, any corporation,  partnership,  joint venture or other
         business association or entity.

                  (d) AUTHORITY. (1) Buyer has all necessary power and authority
         to execute and deliver the Basic Agreements, to perform its obligations
         hereunder  and  thereunder,   and,   subject  to  obtaining   necessary
         stockholder approval (if required by applicable Law) in connection with
         the  Transactions,  to  consummate  the  Transactions.  The  execution,
         delivery and performance by the Buyer of the Basic Agreements,  and the
         consummation by Buyer of the Transactions  have been duly authorized by
         all necessary  corporate  action and no other corporate  proceedings on
         the part of Buyer are necessary to authorize the Basic Agreements or to
         consummate  the   Transactions   (other  than,   with  respect  to  the
         contemplated  reverse stock split, the approval and adoption of such by
         the  affirmative  vote of a majority  of the  voting  power of the then
         outstanding  shares of Common Stock and the filing and  recordation  of
         appropriate  documents as required by the Delaware General  Corporation
         Law). This Agreement has been duly executed and delivered by Buyer and,
         assuming  the due  authorization,  execution  and  delivery  by Seller,
         constitutes a legal,  valid and binding obligation of Buyer enforceable
         against  Buyer in  accordance  with its terms  subject  to  subject  to
         applicable  bankruptcy,  insolvency,  reorganization,  moratorium,  and
         similar  Laws  of  general  applicability   relating  to  or  affecting
         creditors' rights and to general principles of equity.

         (2) By unanimous  written  consent dated May 3, 2005 the Board of Buyer
         (i)  determined  that the Basic  Agreements  and the  Transactions  are
         advisable and in the best interests of Buyer and Buyer's  stockholders,
         (ii) approved and adopted the Basic  Agreements  and the  Transactions,
         (iii) resolved to recommend approval and adoption of this Agreement and
         the  amendment  of the  certificate  of  incorporation  of Buyer by the
         Buyer's  stockholders in a form attached hereto as Schedule 2.3(d). The
         actions taken by the Board constitute  approval of the Basic Agreements
         and the Transactions.

                  (e) REQUIRED FILINGS AND CONSENTS.  The execution and delivery
         of the Basic  Agreements  by Buyer do not, and the  performance  of the
         Transactions  by  Buyer  will  not,  require  any  consent,   approval,
         authorization  or permit  of, or filing  with or  notification  to, any
         United States federal,  state or local or any foreign government or any
         court,  administrative  or  regulatory  agency or  commission  or other
         governmental authority or agency,  domestic or foreign (a "Governmental
         Entity"),  except  (i) for  applicable  requirements,  if  any,  of the
         Securities  Exchange Act of 1934 (the "Exchange Act"), state securities
         or "blue sky" laws and filing and recordation of appropriate  documents
         as

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         required by the Delaware  General  Corporation Law and (ii) for filings
         contemplated by Section 2.2(d) hereof.

                  (f) NO  CONFLICT.  The  execution  and  delivery  of the Basic
         Agreements by Buyer do not, and the performance of the Basic Agreements
         by Buyer and the consummation of the Transactions will not (i) conflict
         with or violate  Certificate of Incorporation or Bylaws of Buyer,  (ii)
         subject to Section 2.2 (e),  conflict with or violate any United States
         federal,  state or local or any foreign statute, law, rule, regulation,
         ordinance,  code, order,  judgment,  decree or any other requirement or
         rule of law (a "Law")  applicable  to Buyer or by which any property or
         asset of Buyer is bound or affected,  or (iii) result in a breach of or
         constitute a default (or an event which with notice or lapse of time or
         both  would  become a  default)  under,  give to  others  any  right of
         termination,  amendment,  acceleration  or  cancellation  of, result in
         triggering any payment or other obligations,  or result in the creation
         of a lien or other encumbrance on any property or asset of Buyer in any
         case that would be  material  to Buyer  pursuant  to,  any note,  bond,
         mortgage,  indenture,  contract,  agreement,  lease,  license,  permit,
         franchise or other  instrument or  obligation  or material  contract to
         which  Buyer is a party or by which  Buyer or any  property or asset of
         any of them is bound or affected.

                  (g)  COMPLIANCE.  Buyer (i) has been  operated at all times in
         compliance in all material  respects with all Laws  applicable to Buyer
         or by  which  any  property,  business  or  asset  of Buyer is bound or
         affected and (ii) is not in default or  violation of any notes,  bonds,
         mortgages,   indentures,   contracts,   agreements,  leases,  licenses,
         permits, franchises, or other instruments or obligations to which Buyer
         is a party or by which Buyer or any property or asset of Buyer is bound
         or affected other than defaults or violations which  individually or in
         the aggregate would reasonably be expected to be material to Buyer.

                  (h) SEC FILINGS. Buyer and, to Buyer's knowledge,  each of its
         current  stockholders  has filed all  forms,  reports,  statements  and
         documents  required  to be filed  with the SEC since May 29,  2003 (the
         "SEC  REPORTS"),  each of which has complied in all  material  respects
         with the  applicable  requirements  of the  Securities  Act of 1933, as
         amended  (the   "SECURITIES   ACT"),  and  the  rules  and  regulations
         promulgated  thereunder,  and  the  Exchange  Act,  and the  rules  and
         regulations  promulgated  thereunder,  each as in effect on the date so
         filed.  Other  than as  disclosed  in  Risk  Factor  12 of the  Private
         Placement  Memorandum of the Company dated April 27, 2005,  none of the
         SEC Reports (including,  any financial statements or schedules included
         or incorporated by reference  therein)  contained when filed any untrue
         statement  of a  material  fact or  omitted  to state a  material  fact
         required to be stated or incorporated by reference therein or necessary
         in  order  to  make  the  statements  therein,  in  the  light  of  the
         circumstances under which they were made, not misleading. Other than as
         disclosed in Risk Factor 12 of the Private Placement  Memorandum of the
         Company dated April 27, 2005 and except to the extent that  information
         contained in any SEC Report has been revised or  superseded  by a later
         filed

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         SEC Report,  none of the SEC Reports contains any untrue statement of a
         material fact or omits to state any material fact required to be stated
         therein or necessary in order to make the statements  therein, in light
         of the  circumstances  under which they were made, not misleading.  The
         principal  executive officer of the Company and the principal financial
         officer of the Company (and each former principal  executive officer of
         the Company and each former principal financial officer of the Company,
         as applicable) has made the certifications required by Sections 302 and
         906 of the  Sarbanes-Oxley Act of 2002 (the  "SARBANES-OXLEY  ACT") and
         the rules and  regulations  of the SEC  thereunder  with respect to the
         Company's  filings  pursuant to the  Exchange  Act. For purposes of the
         preceding  sentence,   "principal  executive  officer"  and  "principal
         financial  officer"  shall have the meanings given to such terms in the
         Sarbanes-Oxley Act.

                  (i)  BUYER'S  FINANCIAL  STATEMENTS.   All  of  the  financial
         statements  included in the SEC Reports,  in each case,  including  any
         related notes thereto,  as filed with the SEC (those filed with the SEC
         are collectively referred to as the "BUYER FINANCIAL STATEMENTS"), have
         been  prepared  in  accordance  with  generally   accepted   accounting
         principles  ("GAAP")  applied  on a  consistent  basis  throughout  the
         periods  involved  (except as may be indicated in the notes thereto or,
         in the case of the  unaudited  statements,  as may be  permitted in the
         Form  10-QSB  of the  SEC and  subject,  in the  case of the  unaudited
         statements,  to normal, recurring audit adjustments) and fairly present
         the  consolidated  financial  position of Buyer at the respective dates
         thereof and the results of its operations and changes in cash flows for
         the  periods  indicated.   Except  as  set  forth  in  Buyer  Financial
         Statements, Buyer is not aware of any material liabilities for which it
         is liable or will become liable in the future.

                  (j) TAXES.  Buyer has timely filed all Tax Returns (as defined
         below)  required  to be filed by it.  All such Tax  Returns  are  true,
         correct and  complete in all material  respects.  All Taxes (as defined
         below) of Buyer  which are (i) shown as due on such Tax  Returns,  (ii)
         otherwise  due and  payable or (iii)  claimed or asserted by any taxing
         authority  to be due,  have been  paid,  except for those  Taxes  being
         contested  in good  faith and for  which  adequate  reserves  have been
         established in the financial  statements included in the SEC Reports in
         accordance with GAAP.  There are no liens for any Taxes upon the assets
         of Buyer,  other than statutory liens for Taxes not yet due and payable
         and liens for real estate Taxes contested in good faith. Buyer does not
         know of any proposed or threatened Tax claims or assessments  which, if
         upheld,  could individually or in the aggregate have a material adverse
         effect on the Buyer or its financial  conditions.  Buyer has not waived
         any  statute  of  limitations  in  respect  of Taxes or  agreed  to any
         extension of time with respect to a Tax assessment or deficiency. Buyer
         has withheld and paid over to the relevant  taxing  authority all Taxes
         required to have been withheld and paid in connection  with payments to
         employees,  independent contractors,  creditors,  stockholders or other
         third parties.  For purposes of this  Agreement,  (a) "Tax" (and,  with
         correlative  meaning,  "Taxes")  means  any  federal,  state,  local or
         foreign income, gross receipts,  property, sales, use, license, excise,
         franchise,  employment,  payroll, premium, withholding,  alternative or
         added minimum, ad

                                      -9-
<PAGE>

         valorem,  transfer,  franchise or excise tax, or any other tax, custom,
         duty,  governmental  fee or other like assessment or charge of any kind
         whatsoever,  together with any interest or penalty or addition thereto,
         whether disputed or not, imposed by any  Governmental  Entity,  and (b)
         "Tax Return" means any return,  report or similar statement required to
         be filed with respect to any Tax  (including  any attached  schedules),
         including any information return,  claim for refund,  amended return or
         declaration of estimated Tax.

                  (k) CHANGE OF CONTROL  AGREEMENT.  Neither the  execution  and
         delivery  of  the  Basic   Agreements  nor  the   consummation  of  the
         Transactions  (either  alone or in  conjunction  with any other  event)
         result in,  cause the  accelerated  vesting or delivery of, or increase
         the  amount  or value of,  any  payment  or  benefit  to any  director,
         officer,   employee  or  consultant  of  Buyer.  Without  limiting  the
         generality  of the  foregoing,  no amount  paid or  payable by Buyer in
         connection  with  the  Transactions  contemplated  by  this  Agreement,
         including  accelerated  vesting of options  (either  solely as a result
         thereof or as a result of such  transactions  in  conjunction  with any
         other event),  will be an "excess parachute payment" within the meaning
         of Section 280G of the Internal Revenue Code.

                  (l) INVESTMENT INTENT. Buyer is acquiring the Preferred Shares
         for its own account,  for investment purposes only, and not with a view
         to the sale or  distribution  of any part  thereof,  and  Buyer  has no
         present intention of selling,  granting  participation in, or otherwise
         distributing the same. Buyer  understands the specific risks related to
         an investment in the Preferred Shares,  especially as it relates to the
         financial performance of the Company.

                  (m)  MATERIAL   CONTRACTS.   Buyer  has  no  purchase,   sale,
         commitment, or other contract, the breach or termination of which would
         have a materially adverse effect on the business,  financial condition,
         results of operations, assets, liabilities, or prospects of Buyer.

                  (n) NO  LITIGATION.  There  are  no  actions,  suits,  claims,
         complaints or proceedings  pending or threatened  against Buyer, at law
         or in equity, or before or by any governmental department,  commission,
         court, board, bureau, agency or instrumentality; and there are no facts
         which  would  provide  a valid  basis  for  any  such  action,  suit or
         proceeding,  which,  if  determined  adversely  to Buyer,  would have a
         material adverse effect on Buyer.

                  (o) NO OPERATIONS.  Buyer does not currently have any business
         operations or material assets.  Upon  consummation of the Transactions,
         Buyer  shall not have in excess of  $10,000  in debts,  obligations  or
         liabilities of any kind or nature.

                                      -10-
<PAGE>
                                      III.

                                    COVENANTS

         3.1  COVENANTS OF THE COMPANY.  The Company  covenants  and agrees that
from the date hereof to the Closing, it will perform the following acts:

                  (a) ORDINARY COURSE OF BUSINESS.  The Company will operate its
         business only in the ordinary  course of business and will use its best
         efforts to preserve the Company's business, organization,  goodwill and
         relationships with persons having business dealings with the Company.

                  (b) MAINTAIN PROPERTIES.  The Company will maintain all of its
         properties in good working order, repair and condition (reasonable wear
         and use  excepted)  and will take all  steps  reasonably  necessary  to
         maintain  in full  force and effect its  patents,  trademarks,  service
         marks,  trade  names,  brand  names,  copyrights  and other  intangible
         assets.

                  (c) COMPENSATION. The Company will not (1) enter into or alter
         any employment agreements; (2) grant any increase in compensation other
         than normal  merit  increases  consistent  with the  Company's  general
         prevailing  practices to any officer or employee;  or (3) enter into or
         alter  any labor or  collective  bargaining  agreement  or any bonus or
         other employee fringe benefit.

                  (d) NO  INDEBTEDNESS.  The  Company  will not  create,  incur,
         assume,  guarantee  or  otherwise  become  liable  with  respect to any
         obligation  for  borrowed  money,  indebtedness,  capitalized  lease or
         similar   obligation,   except  in  the  ordinary  course  of  business
         consistent with past practices,  where the entire net proceeds  thereof
         are deposited  with and used by and in connection  with the business of
         the Company.

                  (e)  MAINTAIN  BOOKS.  The Company  will  maintain  its books,
         accounts and records in the usual,  regular ordinary and sound business
         manner and in accordance with generally accepted accounting  principles
         applied on a basis consistent with past practices.

                  (f) NO  AMENDMENTS.  The Company will not amend its  corporate
         charter or bylaws (or similar  documents)  without prior the consent of
         Buyer and the Company will maintain its corporate existence,  licenses,
         permits, powers and rights in full force and effect.

                  (g) TAXES AND ACCOUNTING  MATTERS.  The Company will file when
         due all federal, state and local tax returns and reports which shall be
         accurate and complete,  including but not limited to income, franchise,
         excise,  ad valorem,  and other taxes with  respect to its business and
         properties,  and to pay as they  become  due all taxes or

                                      -11-
<PAGE>

         assessments,   except  for  taxes  for  which  adequate   reserves  are
         established  and which are being contested in good faith by appropriate
         proceedings.  The  Company  will not change its  accounting  methods or
         practices or any  depreciation,  amortization  or  inventory  valuation
         policies or practices.

                  (h) NO  DISPOSITION  OR  ENCUMBRANCE.  Except in the  ordinary
         course of business consistent with past practices, the Company will not
         (1)  dispose of or  encumber  any of its  properties  and  assets,  (2)
         discharge or satisfy any lien or  encumbrance  or pay any obligation or
         liability  (fixed  or  contingent)  except  for  previously   scheduled
         repayment  of debt,  (3) cancel or  compromise  any debt or claim,  (4)
         transfer or grant any rights under any concessions,  leases,  licenses,
         agreements,  patents,  inventions,  proprietary  technology or process,
         trademarks,  service  marks  or  copyrights,  or  with  respect  to any
         know-how,  or (5)  enter  into or  modify in any  material  respect  or
         terminate any existing license, lease, or contract.

                  (i) NO DIVIDENDS.  The Company will not declare,  set aside or
         pay any dividends or other distributions of any nature whatsoever.

                  (j) NO BREACH.  The Company  will not do any act or omit to do
         any act which  would cause a breach of any of its  material  contracts,
         commitments or obligations.

                  (k) DUE  COMPLIANCE.  The  Company  will comply with all laws,
         regulations,  rules and ordinances  applicable to it and to the conduct
         of its business,  the violation of which would have a material  adverse
         effect on the Company.

                  (l)  NO  WAIVERS  OF  RIGHTS.  The  Company  will  not  amend,
         terminate  or waive any material  right  whether or not in the ordinary
         course of business.

                  (m) NO RELATED PARTY  TRANSACTIONS.  The Company will not make
         any loans to, or enter into any transaction,  agreement, arrangement or
         understanding  of  any  material  nature  with  any  of  its  officers,
         directors or employees.

                  (n) NOTICE OF CHANGE.  The Company will promptly  advise Buyer
         in writing of any material  adverse  change,  or the  occurrence of any
         event which involves any substantial  possibility of a material adverse
         change, in its business,  financial  condition,  results of operations,
         assets, liabilities or prospects.

                  (o) CONSENTS. The Company will use its best good faith efforts
         to obtain  the  consent  or  approval  of each  person or entity  whose
         consent  or  approval  is  required   for  the   consummation   of  the
         Transactions  contemplated  hereby  and to do all things  necessary  to
         consummate the Transactions contemplated by the Basic Agreements.

                                      -12-
<PAGE>

         3.2  COVENANTS  OF BUYER.  Buyer  covenants  and agrees to perform  the
following acts:

                  (a) NO  INDEBTEDNESS.  Buyer will not create,  incur,  assume,
         guarantee or otherwise become liable with respect to any obligation for
         borrowed money, indebtedness,  capitalized lease or similar obligation,
         except  in  the  ordinary  course  of  business  consistent  with  past
         practices, where the entire net proceeds thereof are deposited with and
         used by and in connection with the business of Buyer.

                  (b) NO AMENDMENTS.  Buyer will not amend its corporate charter
         or bylaws  (or  similar  documents)  without  the prior  consent of the
         Company and Buyer will  maintain  its  corporate  existence,  licenses,
         permits, powers and rights in full force and effect.

                  (c) NO DIVIDENDS. Buyer will not declare, set aside or pay any
         dividends or other distributions of any nature whatsoever.

                  (d)  CONTRACTS.  Buyer  will  not  enter  into or  assume  any
         contract,  agreement,  obligation, lease, license, or commitment except
         in the ordinary course of business consistent with past practices or as
         contemplated by this Agreement.

                  (e) NO  RELATED  PARTY  TRANSACTIONS.  Buyer will not make any
         loans to, or enter  into any  transaction,  agreement,  arrangement  or
         understanding  of  any  material  nature  with  any  of  its  officers,
         directors or employees.

                  (f) NO DIVIDENDS. Buyer will not declare, set aside or pay any
         dividends or other distributions of any nature whatsoever.

                  (g) NO BREACH. Buyer will not do any act or omit to do any act
         which  would  cause  a  breach  of  any  of  its  material   contracts,
         commitments or obligations.

                  (h)  DUE   COMPLIANCE.   Buyer  will  comply  with  all  laws,
         regulations,  rules and ordinances  applicable to it and to the conduct
         of its business,  the violation of which would have a material  adverse
         effect on the Buyer.

                  (i) NO WAIVERS OF RIGHTS.  Buyer will not amend,  terminate or
         waive any  material  right  whether  or not in the  ordinary  course of
         business.

                  (j) NO SECURITIES  ISSUANCES.  Buyer will not issue any shares
         of any class of  capital  stock,  or enter into any  contract,  option,
         warrant or right calling for the issuance of any such shares of capital
         stock,  or  create  or  issue  any  securities   convertible  into  any
         securities of the Buyer.

                                      -13-
<PAGE>

                  (k) TAXES AND ACCOUNTING MATTERS. Buyer will file when due all
         federal,  state  and local  tax  returns  and  reports  which  shall be
         accurate and complete,  including but not limited to income, franchise,
         excise,  ad valorem,  and other taxes with  respect to its business and
         properties,  and to pay as they  become  due all taxes or  assessments,
         except for taxes for which adequate  reserves are established and which
         are being  contested in good faith by  appropriate  proceedings.  Buyer
         will  not  change  its   accounting   methods  or   practices   or  any
         depreciation,   amortization   or  inventory   valuation   policies  or
         practices.

                  (l) NOTICE OF CHANGE.  Buyer will promptly  advise the Company
         in writing of any material  adverse  change,  or the  occurrence of any
         event which involves any substantial  possibility of a material adverse
         change, in its business,  financial  condition,  results of operations,
         assets, liabilities or prospects.

                  (m)  CONSENTS.  Buyer will use its best good faith  efforts to
         obtain the consent or  approval  of each person or entity  other than a
         Governmental  Entity  whose  consent or approval  is  required  for the
         consummation  of the  Transactions  contemplated  hereby  and to do all
         things  necessary to consummate the  Transactions  contemplated  by the
         Basic Agreements.

                                       IV.

                           CONDITIONS PRECEDENT TO THE
                          OBLIGATIONS OF BUYER TO CLOSE

         The obligation of Buyer to close the Transactions  contemplated  hereby
is subject to the fulfillment by the Company and Seller prior to Closing of each
of the following conditions, which may be waived in whole or in part by Buyer:

         4.1 COMPLIANCE  WITH  REPRESENTATIONS,  WARRANTIES  AND COVENANTS.  The
representations  and  warranties  of the  Company and Seller  contained  in this
Agreement  shall  have  been  true and  correct  when made and shall be true and
correct  as of the  Closing  with the same  force  and  effect as if made at the
Closing.  The Company and Seller shall have performed all agreements,  covenants
and  conditions  required to be performed by the Company and Seller prior to the
Closing.

         4.2 NO ADVERSE  CHANGE.  Subsequent to the date hereof and prior to the
Closing,  there  shall  have been no event  which has had or may have a material
adverse  effect upon the business,  financial  condition,  results of operation,
assets, liabilities or prospects of the Company.

         4.3  NO  LEGAL   PROCEEDINGS.   No  suit,  action  or  other  legal  or
administrative proceeding before any court or other governmental agency shall be
pending or threatened  seeking to enjoin the  consummation  of the  Transactions
contemplated hereby.

                                      -14-
<PAGE>

         4.4  DOCUMENTS TO BE  DELIVERED BY THE COMPANY AND SELLER.  The Company
and Seller shall have delivered the following documents:

                  (a)  An  acknowledgment  of  the  Company  that  it  has  been
         instructed to amend its stock transfer records to reflect a transfer of
         the Common Stock  (pursuant to payment under the Common Stock  Purchase
         Agreement) and the Preferred  Shares to Buyer  following  payment under
         section 5.6.

                  (b) A  copy  of  (i)  the  Articles  of  Incorporation  of the
         Company;  and (ii) the Bylaws of the Company;  and (iii) a  certificate
         from the Delaware Secretary of State, to the effect that the Company is
         in good standing and has paid all franchise taxes;

                  (c)  All  agreements  referred  to  in  paragraph  1.5  above,
         executed by all parties thereto other than Buyer.

                  (d) All  corporate  and other  records of or applicable to the
         Company  including but not limited to,  current and  up-to-date  minute
         books,  stock transfer books and registers,  books of accounts,  leases
         and material contracts.

                  (e) Employment agreements between the Company and Ira Tabankin
         and Charles Sander attached hereto as Exhibits "C" and "D".

                  (f)  Such  other   documents  or   certificates  as  shall  be
         reasonably  required  by Buyer  or its  counsel  in order to close  and
         consummate this Agreement.

                                       V.

                           CONDITIONS PRECEDENT TO THE
                 OBLIGATIONS OF THE COMPANY AND SELLER TO CLOSE

         The obligation of the Company and Sellers to close the  Transactions is
subject to the fulfillment prior to Closing of each of the following conditions,
any of which may be waived in whole or in part by the Company and Seller:

         5.1 COMPLIANCE  WITH  REPRESENTATIONS,  WARRANTIES  AND COVENANTS.  The
representations  and warranties  made by Buyer in this Agreement shall have been
true and  correct  when  made and  shall be true  and  correct  in all  material
respects  at the  Closing  with  the same  force  and  effect  as if made at the
Closing, and Buyer shall have performed all agreements, covenants and conditions
required to be performed by Buyer prior to the Closing.

                                      -15-
<PAGE>

         5.2  NO  LEGAL   PROCEEDINGS.   No  suit,  action  or  other  legal  or
administrative  proceedings before any court or other governmental  agency shall
be pending or threatened  seeking to enjoin the consummation of the Transactions
contemplated hereby.

         5.3 OTHER  AGREEMENTS.  All  parties  other than Seller and the Company
shall have executed and delivered the Basic Agreements.

         5.4 DOCUMENTS TO BE DELIVERED BY BUYER.  Buyer shall have delivered the
following documents:

                  (a) A copy,  certified by the  Secretary of the Buyer,  of (i)
         the Articles of  Incorporation of the Buyer; and (ii) the Bylaws of the
         Buyer;  (iii)  resolutions  of  the  Board  authorizing  execution  and
         delivery of this  Agreement;  and (iv) a certificate  from the Delaware
         Secretary  of State,  to the effect that the Buyer is in good  standing
         and has paid all franchise taxes;

                  (b) Corporate minutes of Buyer's directors  attached hereto as
         Exhibit "E" accepting and attaching the resignation of Jules Benge Prag
         IV as a  director,  and  appointment  of Ira  Tabankin  as a  director,
         accepting and attaching the resignations of Nicolas Rigopulos and Jules
         Benge Prag IV as officers and  appointing  Charles  Sander as President
         and Chief Executive Officer and Ira Tabankin as Secretary of Buyer.

                  (c) A copy,  certified by the  Secretary of State of the State
         of Delaware of the  Certificate  of Designation in the form attached as
         Exhibit "G" authorizing the Preferred Shares.

                  (d) All  corporate  and other  records of or applicable to the
         Buyer  including  but not limited to,  current  and  up-to-date  minute
         books,  stock transfer books and registers,  books of accounts,  leases
         and material contracts.

                  (e)  The  Preferred  Shares  issued  to  the  Sellers  in  the
         proportions set forth in section 5.6; and

                  (f) The Common  Stock  issued to the  Sellers (as such term is
         defined in the Common Stock Purchase  Agreement)  identified in Exhibit
         "H" in the amounts set forth in Exhibit "H".

         5.5 NO ADVERSE  CHANGE.  Subsequent to the date hereof and prior to the
Closing,  there  shall  have been no event  which has had or may have a material
adverse  effect upon the business,  financial  condition,  results of operation,
assets, liabilities or prospects of the Company.

                                      -16-
<PAGE>

         5.6 PAYMENTS. Sellers shall have received from Buyer a total of 773,778
shares of Buyer's  preferred  stock,  issued at the Closing by Buyer pursuant to
all the Basic Agreements in the following proportions:

         Ira Tabankin                   279,042.625
         Charles Sander                 279,042.625
         Robert Prag                     66,317.75
         Kai Hansen                      54,687.5
         Hayden Communications, Inc.     54,687.5

                                       VI.

            CONDITION SUBSEQUENT; MODIFICATION, WAIVERS, TERMINATION
                                  AND EXPENSES

         6.1  CONDITION  SUBSEQUENT.  It shall be a condition  subsequent to the
Closing that immediately  following the Closing,  a majority of the stockholders
of Buyer shall deliver a Written  Consent  executed by a majority of the holders
of Buyer  authorizing  (a) an amendment and  restatement  of the  Certificate of
Incorporation  of  Buyer  including  a change  of the name of Buyer to  "Catcher
Holdings,  Inc.",  (b) the Reverse Split (as described in the Private  Placement
Memorandum); and (c) the election of Ira Tabankin, Charles Sander, Cathal Flynn,
_____________ and __________, as the members of the Board of Directors of Buyer.

         6.2  MODIFICATION.  Buyer, the Company and Seller may amend,  modify or
supplement this Agreement in any manner as they may mutually agree in writing.

         6.3 WAIVERS.  Buyer,  the Company and Seller may in writing  extend the
time  for or  waive  compliance  by the  other  with  any  of the  covenants  or
conditions of the other contained herein.

         6.4 TERMINATION AND  ABANDONMENT.  This Agreement may be terminated and
the purchase of the Preferred Shares may be abandoned before the Closing:

                  (a) By the mutual consent of Sellers, the Company and Buyer;

                  (b) By Buyer,  if the  representations  and  warranties of the
         Company  or Seller  set forth  herein  shall  not be  accurate,  or the
         conditions  precedent  set forth in Article IV shall have not have been
         satisfied in all material respects; or

                                      -17-
<PAGE>

                  (c) By the  Company  or  Seller,  if the  representations  and
         warranties  of Buyer set forth  herein  shall not be  accurate,  or the
         conditions  precedent  set  forth in  Article  V shall  not  have  been
         satisfied in all material respects.

         Termination shall be effective on the date of receipt of written notice
specifying the reasons therefor.

                                      VII.

                                  MISCELLANEOUS

         7.1  REPRESENTATIONS  AND  WARRANTIES  TO  SURVIVE.   Unless  otherwise
provided,  all of the representations and warranties contained in this Agreement
and in any  certificate,  exhibit or other document  delivered  pursuant to this
Agreement  shall  survive  the  Closing  for a  period  of  two  (2)  years.  No
investigation made by any party hereto or their representatives shall constitute
a waiver  of any  representation  or  warranty,  and no such  representation  or
warranty shall be merged into the Closing.

         7.2 BINDING EFFECT OF THE BASIC  AGREEMENTS.  The Basic  Agreements and
the certificates and other instruments  delivered by or on behalf of the parties
pursuant thereto constitute the entire agreement between the parties.  The terms
and  conditions  of the Basic  Agreements  shall  inure to the benefit of and be
binding upon the respective heirs, legal representatives,  successor and assigns
of the parties hereto.  Nothing in the Basic  Agreements,  expressed or implied,
confers any rights or remedies upon any party other than the parties  hereto and
their respective heirs, legal representatives and assigns.

         7.3 APPLICABLE LAW. The Basic Agreements are made pursuant to, and will
be construed under, the laws of the State of Delaware.

         7.4 NOTICES.  All notices,  requests,  demands and other communications
hereunder  shall be in  writing  and will be deemed to have been duly given when
delivered or mailed, first class postage prepaid:

                  (a) If to Sellers, to:

                             Ira Tabankin
                             1165 Via Vera Cruz
                             San Marcos, CA 92069

                             Charles Sander
                             39526 Charlestown Place
                             Hamilton, VA 20158

                                      -18-
<PAGE>

                             Robert Prag
                             2455 El Amigo Road
                             Del Mar, CA 92014

                             Hayden Communications, Inc.
                             1401 Hewens Drive
                             North Myrtle Beach, SC 29582

                             Kai Hansen
                             P.O. Box 12610
                             San Diego, CA 92112

                  (b) If to Buyer, to:

                             U.S. Telesis Holdings, Inc.
                             ATTN: Nicholas Rigopulos, President
                             41 Commonwealth Avenue
                             Boston, MA 02116
                             TELEPHONE: (617) 536-2070
                             FAX: (617)

                      With copies to:

                             G. David Gordon & Associates, P.C.
                             ATTN: David Gordon
                             7633 East 63rd Place, Suite 210
                             Tulsa, Oklahoma 74133
                             TELEPHONE: (918) 254-4997
                             FAX: (918) 254-2988

         These  addresses may be changed from time to time by written  notice to
the other parties.

         7.5  HEADINGS.  The  headings  contained  in  this  Agreement  are  for
reference only and will not affect in any way the meaning or  interpretation  of
this Agreement.

         7.6  COUNTERPARTS.  This  Agreement  may be delivered by facsimile  and
executed in  counterparts,  each of which will be deemed an original  and all of
which together will constitute one instrument.

                                      -19-
<PAGE>

         7.7  SEVERABILITY.  If  any  one or  more  of the  provisions  of  this
Agreement shall, for any reason, be held to be invalid, illegal or unenforceable
under  applicable  law this  Agreement  shall be construed  as if such  invalid,
illegal  or  unenforceable  provision  had  never  been  contained  herein.  The
remaining  provisions  of this  Agreement  shall be given  effect to the maximum
extent then permitted by law.

         7.8  FORBEARANCE;  WAIVER.  Failure  to pursue  any legal or  equitable
remedy  or right  available  to a party  shall not  constitute  a waiver of such
right,  nor shall  any such  forbearance,  failure  or  actual  waiver  imply or
constitute waiver of subsequent default or breach.

         7.9 ATTORNEYS'  FEES AND EXPENSES.  The  prevailing  party in any legal
proceeding based upon this Agreement shall be entitled to reasonable  attorneys'
fees and expenses and court costs.

         7.10 EXPENSES.  Each party shall pay all fees and expenses  incurred by
it incident to this  Agreement and in connection  with the  consummation  of all
transactions contemplated by this Agreement. However, should either party choose
to terminate  this Agreement  under Section  6.3(a),  that party  initiating the
termination  shall be responsible for all legal fees and other expenses incurred
in connection with the preparation of this Agreement.

         7.11 EXHIBITS.  All of the Exhibits to this Agreement are  incorporated
herein in the places referenced in this Agreement as if fully set forth herein.

         7.12  INTEGRATION.  This  Agreement and all  documents and  instruments
executed   pursuant  hereto  merge  and  integrate  all  prior   agreements  and
representations  respecting  the  Transactions,  whether  written  or oral,  and
constitute  the sole  agreement  of the parties in  connection  therewith.  This
Agreement  has been  negotiated  by and submitted to the scrutiny of both Seller
and  Buyer  and  their  counsel  and  shall  be  given  a  fair  and  reasonable
interpretation  in accordance with the words hereof,  without  consideration  or
weight  being given to its having  been  drafted by either  party  hereto or its
counsel.

                  [Remainder of Page Intentionally Left Blank]

                                      -20-
<PAGE>

         [Preferred Stock Exchange Agreement]

         IN WITNESS WHEREOF,  the undersigned  parties hereto have duly executed
this Agreement on the date first written above.

                                              "BUYER"

                                              U.S. TELESIS HOLDINGS, INC.

                                              BY:
                                                 -------------------------------
                                                 NICHOLAS RIGOPULOS, PRESIDENT

                                      -21-
<PAGE>

                                              "THE COMPANY"

                                              CATCHER, INC.

                                              BY:
                                                 -------------------------------
                                                    IRA TABANKIN, PRESIDENT

                                              "SELLER"

                                              ---------------------------------
                                              IRA TABANKIN

                                              ---------------------------------
                                              CHARLES SANDER

                                              ---------------------------------
                                              ROBERT PRAG

                                              ---------------------------------
                                              KAI HANSEN

                                              ---------------------------------
                                              HAYDEN COMMUNICATIONS, INC.

                                      -22-EXHIBIT 10.2

                            STOCK PURCHASE AGREEMENT

         THIS STOCK PURCHASE AGREEMENT ("Agreement") is entered into this 4th of
May,  2005 by and among U.S.  TELESIS  HOLDINGS,  INC.,  a Delaware  corporation
(hereinafter  referred  to as  "Buyer");  and  Peter  G.  &  Susan  H.  Stanley,
(hereinafter referred to as "Seller"),  being a stockholder of CATCHER,  INC., a
Delaware corporation (the "Company").

         WHEREAS,  Seller  is the  owner of record  and  beneficially  owns FOUR
THOUSAND  SEVEN HUNDRED  SEVENTY  (4,770)  shares of the issued and  outstanding
shares of Common Stock of the Company (the "Shares"); and

         WHEREAS, Seller holds a series A warrant to purchase 2,385 Shares and a
series B warrant to purchase 2,385 Shares (together, the "Warrants"); and

         WHEREAS,  simultaneously  herewith Buyer and holders of preferred stock
of the Company (the "Preferred  Stock") entered into a Stock Purchase  Agreement
(the "First  Agreement")  whereby Buyer  purchased from those  stockholders  all
shares of  Preferred  Stock of the  Company  which  they  owned on the terms and
conditions set forth in the First Agreement; and

         WHEREAS,  one  of  the  conditions  to the  consummation  of the  First
Agreement was that Buyer would offer to purchase  from the remaining  holders of
the shares of the capital  stock of the Company all such shares they owned after
the closing of the First Agreement; and

         WHEREAS,  Seller desires to sell all of the Shares to Buyer,  and Buyer
desires to purchase the Shares, upon the terms and conditions set forth herein.

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

                                       I.

                         SALE AND PURCHASE OF THE SHARES

         1.1      SALE AND PURCHASE. Subject to the terms and conditions hereof,
at the Closing  (as defined in  paragraph  1.3  below),  Seller  agrees to sell,
assign,  transfer,  convey and deliver to Buyer and by these presents does sell,
assign,  transfer  convey and deliver to Buyer and Buyer agrees to purchase from
Seller, all of Seller's right, title and interest in and to the Shares listed in
Exhibit "A", attached hereto. At the Closing, the

                                      -1-
<PAGE>

Company is requested and  instructed to transfer the Shares from Seller to Buyer
on the books of the Company.

         1.2      WARRANTS.  Subject to the terms and conditions  hereof, at the
Closing,  Buyer agrees to assume the  obligations of the Company to Seller under
the Warrants in accordance  with the terms of the Warrants as if Seller were the
issuer of the Warrants.

         1.3      CLOSING.  The  purchase  shall  be  consummated  at a  closing
("Closing")  to take  place at 11:00  o'clock  a.m.,  at the  offices of Buyer's
counsel on May 4, 2005 ("Closing Date") or at such other time or location as the
parties hereto agree.

         1.4      PURCHASE  PRICE.  The  aggregate   purchase  price  ("Purchase
Price")  for the  Shares  shall be 477,000  shares of Common  Stock of the Buyer
("Buyer's Shares"). This portion of the Purchase Price shall be paid at Closing,
by issuance and delivery of Buyer's Shares to Seller.

         1.5      OTHER  AGREEMENTS.  At the  Closing,  Buyer and  Seller  shall
execute and deliver the Registration  Rights Agreement in substantially the form
attached hereto as Exhibit B;

         1.6      BASIC AGREEMENTS AND TRANSACTIONS  DEFINED. This Agreement and
other agreement listed in paragraph 1.5, are sometimes referred to as the "Basic
Agreements". The transactions contemplated by the Basic Agreements and the First
Agreements are sometimes referred to as the "Transactions".

                                       II.

                         REPRESENTATIONS AND WARRANTIES

         2.1      REPRESENTATIONS  AND WARRANTIES OF SELLER.  Seller  represents
and warrants to Buyer, with respect to the Shares owned by Seller, as follows:

                  (a)  TITLE TO THE  SHARES.  At  Closing,  Seller  shall own of
                  record and beneficially the Shares listed of the Company, free
                  and  clear  of  all  liens,  encumbrances,   pledges,  claims,
                  options,  charges and  assessments  of any nature  whatsoever,
                  with full right and lawful authority to transfer the Shares to
                  Buyer. No person has any preemptive  rights or rights of first
                  refusal  with  respect to any of the Shares.  There  exists no
                  voting  agreement,  voting trust,  or  outstanding  proxy with
                  respect to any of the Shares. There are no outstanding rights,
                  options, warrants, calls, commitments, or any other agreements
                  of any character, whether oral or written, with respect to the
                  Shares.

                                      -2-
<PAGE>

                  (b) INVESTMENT INTENT. Seller is acquiring the shares of Buyer
                  for his or her own account,  for investment purposes only, and
                  not  with a view  to the  sale  or  distribution  of any  part
                  thereof,  and  Seller  has no present  intention  of  selling,
                  granting participation in, or otherwise distributing the same.
                  Seller understands the specific risks related to an investment
                  in the  shares  of  Buyer,  especially  as it  relates  to the
                  financial performance of Buyer.

                  (c) [For corporate  entities only:  AUTHORITY.  Seller has all
                  necessary power and authority to execute and deliver the Basic
                  Agreements,   to  perform  its   obligations   hereunder   and
                  thereunder,  and, subject to obtaining  necessary  stockholder
                  approval (if required by applicable  Law) in  connection  with
                  the  Transactions,   to  consummate  the   Transactions.   The
                  execution, delivery and performance by the Seller of the Basic
                  Agreements, and the consummation by Seller of the Transactions
                  have been duly  authorized by all necessary  corporate  action
                  and no other  corporate  proceedings on the part of Seller are
                  necessary to authorize  the Basic  Agreements or to consummate
                  the  Transactions  This  Agreement  has been duly executed and
                  delivered  by  Seller  and,  assuming  the due  authorization,
                  execution and delivery by Buyer,  constitutes  a legal,  valid
                  and binding obligation of Seller enforceable against Seller in
                  accordance  with its terms  subject to  subject to  applicable
                  bankruptcy,   insolvency,   reorganization,   moratorium,  and
                  similar Laws of general applicability relating to or affecting
                  creditors' rights and to general principles of equity.]

         2.2      REPRESENTATIONS  AND WARRANTIES OF BUYER. Buyer represents and
warrants to Seller as follows:

                  (a)  ORGANIZATION.  Buyer is a corporation duly  incorporated,
                  validly  existing and in good  standing  under the laws of the
                  state of Delaware. Buyer has all requisite corporate power and
                  authority  to own,  lease and  operate its  properties  and to
                  carry on its  business.  Buyer is duly  qualified  and in good
                  standing as a foreign  corporation in each jurisdiction  where
                  its  ownership  of  property  or  operation  of  its  business
                  requires  qualification,   except  where  the  failure  to  be
                  qualified  would  not have a  material  adverse  effect on the
                  Company.

                  (b) AUTHORIZED  CAPITALIZATION.  The authorized capitalization
                  of Buyer consists of Fifty Million (50,000,000) shares of .001
                  par value Common Stock,  of which Twelve Million Eight Hundred
                  Twenty-Five  Thousand  (12,825,000)  shares will be issued and
                  outstanding  prior  to  Closing  and One  Million  (1,000,000)
                  shares of .001 par value  Preferred  Shares of which  none are
                  outstanding.   Buyer's  Shares,  when  issued,  will  be  duly
                  authorized,

                                      -3-
<PAGE>

                  validly  issued,  are fully  paid and  non-assessable  with no
                  personal liability attaching to the ownership thereof and were
                  offered,  issued,  sold and  delivered by Buyer in  compliance
                  with all applicable state and federal laws. At Closing,  Buyer
                  will not  have  any  outstanding  rights,  options,  warrants,
                  calls, commitments,  conversion or any other agreements of any
                  character, whether oral or written, obligating it to issue any
                  shares of its capital stock,  whether authorized or not. Buyer
                  is not a party to and is not bound by any agreement, contract,
                  arrangement or understanding,  whether oral or written, giving
                  any person or entity any  interest  in, or any right to share,
                  participate  in or receive  any portion  of,  Buyer's  income,
                  profits or  assets,  or  obligating  Buyer to  distribute  any
                  portion of its income, profits or assets.

                  (c) NO  SUBSIDIARY.  As of the  date  of this  Agreement,  the
                  Company  does not  directly or  indirectly  owns any equity or
                  similar  interest  in,  or any  interest  convertible  into or
                  exchangeable or exercisable for, any corporation, partnership,
                  joint venture or other business association or entity.

                  (d) AUTHORITY. (1) Buyer has all necessary power and authority
                  to execute and deliver  the Basic  Agreements,  to perform its
                  obligations   hereunder  and  thereunder,   and,   subject  to
                  obtaining  necessary  stockholder  approval  (if  required  by
                  applicable  Law)  in  connection  with  the  Transactions,  to
                  consummate  the  Transactions.  The  execution,  delivery  and
                  performance  by the  Buyer of the  Basic  Agreements,  and the
                  consummation  by  Buyer of the  Transactions  have  been  duly
                  authorized  by all  necessary  corporate  action  and no other
                  corporate  proceedings  on the part of Buyer are  necessary to
                  authorize  the  Basic   Agreements   or  to   consummate   the
                  Transactions  (other than,  with  respect to the  contemplated
                  reverse stock split,  the approval and adoption of such by the
                  affirmative vote of a majority of the voting power of the then
                  outstanding   shares  of  Common  Stock  and  the  filing  and
                  recordation  of  appropriate  documents  as  required  by  the
                  Delaware  General  Corporation  Law).  This Agreement has been
                  duly  executed and  delivered  by Buyer and,  assuming the due
                  authorization, execution and delivery by Seller, constitutes a
                  legal,  valid  and  binding  obligation  of Buyer  enforceable
                  against Buyer in accordance  with its terms subject to subject
                  to   applicable   bankruptcy,   insolvency,    reorganization,
                  moratorium, and similar Laws of general applicability relating
                  to or affecting creditors' rights and to general principles of
                  equity.

                  (2) By unanimous  written  consent dated May 4, 2005 the Board
                  of Buyer  (i)  determined  that the Basic  Agreements  and the
                  Transactions  are advisable and in the best interests of Buyer
                  and Buyer's stockholders,  (ii) approved and adopted the Basic
                  Agreements and the  Transactions,  (iii) resolved to recommend
                  approval and adoption of this  Agreement  and the amendment

                                      -4-
<PAGE>

                  of the  certificate of  incorporation  of Buyer by the Buyer's
                  stockholders.  The  actions  taken  by  the  Board  constitute
                  approval of the Basic Agreements and the Transactions.

                  (e) REQUIRED FILINGS AND CONSENTS.  The execution and delivery
                  of the Basic  Agreements by Buyer do not, and the  performance
                  of the  Basic  Transactions  by Buyer  will not,  require  any
                  consent, approval,  authorization or permit of, or filing with
                  or notification to, any United States federal,  state or local
                  or any  foreign  government  or any court,  administrative  or
                  regulatory   agency  or  commission   or  other   governmental
                  authority  or agency,  domestic  or  foreign (a  "Governmental
                  Entity"),  except (i) for applicable  requirements, if any, of
                  the  Securities  Exchange  Act of 1934 (the  "Exchange  Act"),
                  state securities or "blue sky" laws and filing and recordation
                  of appropriate  documents as required by the Delaware  General
                  Corporation  Law and (ii) for filings  contemplated by Section
                  2.2(d) hereof.

                  (f) NO  CONFLICT.  The  execution  and  delivery  of the Basic
                  Agreements by Buyer do not, and the  performance  of the Basic
                  Agreements by Buyer and the  consummation of the  Transactions
                  will  not  (i)  conflict  with  or  violate   Certificate   of
                  Incorporation or Bylaws of Buyer,  (ii) subject to Section 2.2
                  (e), conflict with or violate any United States federal, state
                  or  local  or any  foreign  statute,  law,  rule,  regulation,
                  ordinance,   code,  order,  judgment,   decree  or  any  other
                  requirement or rule of law (a "Law") applicable to Buyer or by
                  which any property or asset of Buyer is bound or affected,  or
                  (iii)  result in a breach of or  constitute  a default  (or an
                  event which with notice or lapse of time or both would  become
                  a default)  under,  give to others  any right of  termination,
                  amendment,   acceleration  or   cancellation   of,  result  in
                  triggering any payment or other obligations,  or result in the
                  creation  of a lien or other  encumbrance  on any  property or
                  asset of Buyer in any case  that  would be  material  to Buyer
                  pursuant to, any note, bond,  mortgage,  indenture,  contract,
                  agreement,   lease,  license,   permit,   franchise  or  other
                  instrument or  obligation or material  contract to which Buyer
                  is a party or by which  Buyer or any  property or asset of any
                  of them is bound or affected.

                  (g)  COMPLIANCE.  Buyer (i) has been  operated at all times in
                  compliance in all material  respects with all Laws  applicable
                  to Buyer or by which any property,  business or asset of Buyer
                  is bound or affected  and (ii) is not in default or  violation
                  of  any  notes,  bonds,  mortgages,   indentures,   contracts,
                  agreements,  leases, licenses,  permits,  franchises, or other
                  instruments  or  obligations  to which  Buyer is a party or by
                  which  Buyer  or any  property  or  asset of Buyer is bound or
                  affected other than defaults or violations which  individually
                  or  in  the  aggregate  would  reasonably  be  expected  to be
                  material to Buyer.

                                      -5-
<PAGE>

                  (h) SEC FILINGS. Buyer and, to Buyer's knowledge,  each of its
                  current stockholders has filed all forms, reports,  statements
                  and documents  required to be filed with the SEC since May 29,
                  2003 (the "SEC  REPORTS"),  each of which has  complied in all
                  material  respects  with the  applicable  requirements  of the
                  Securities Act of 1933, as amended (the "SECURITIES ACT"), and
                  the  rules and  regulations  promulgated  thereunder,  and the
                  Exchange  Act,  and  the  rules  and  regulations  promulgated
                  thereunder, each as in effect on the date so filed. Other than
                  as  disclosed  in  Risk  Factor  12 of the  Private  Placement
                  Memorandum  of the Company  dated April 27, 2005,  none of the
                  SEC Reports (including,  any financial statements or schedules
                  included or incorporated by reference  therein) contained when
                  filed any untrue  statement  of a material  fact or omitted to
                  state a material fact required to be stated or incorporated by
                  reference therein or necessary in order to make the statements
                  therein,  in the light of the  circumstances  under which they
                  were made,  not  misleading.  Other than as  disclosed in Risk
                  Factor 12 of the Private  Placement  Memorandum of the Company
                  dated April 27, 2005 and except to the extent that information
                  contained in any SEC Report has been revised or  superseded by
                  a later filed SEC Report, none of the SEC Reports contains any
                  untrue  statement  of a  material  fact or omits to state  any
                  material  fact  required to be stated  therein or necessary in
                  order  to  make  the  statements  therein,  in  light  of  the
                  circumstances under which they were made, not misleading.  The
                  principal  executive  officer of the Company and the principal
                  financial  officer of the Company  (and each former  principal
                  executive  officer of the Company  and each  former  principal
                  financial officer of the Company,  as applicable) has made the
                  certifications  required  by  Sections  302  and  906  of  the
                  Sarbanes-Oxley Act of 2002 (the "SARBANES-OXLEY  ACT") and the
                  rules and  regulations of the SEC  thereunder  with respect to
                  the  Company's  filings  pursuant  to the  Exchange  Act.  For
                  purposes  of  the  preceding  sentence,  "principal  executive
                  officer"  and  "principal  financial  officer"  shall have the
                  meanings given to such terms in the Sarbanes-Oxley Act.

                  (i)  BUYER'S  FINANCIAL  STATEMENTS.   All  of  the  financial
                  statements   included  in  the  SEC  Reports,  in  each  case,
                  including  any related  notes  thereto,  as filed with the SEC
                  (those filed with the SEC are collectively  referred to as the
                  "BUYER   FINANCIAL   STATEMENTS"),   have  been   prepared  in
                  accordance  with  generally  accepted  accounting   principles
                  ("GAAP")  applied on a consistent basis throughout the periods
                  involved  (except as may be indicated in the notes thereto or,
                  in the case of the unaudited  statements,  as may be permitted
                  in the Form 10-QSB of the SEC and subject,  in the case of the
                  unaudited statements,  to normal, recurring audit adjustments)
                  and fairly  present  the  consolidated  financial  position of
                  Buyer

                                      -6-
<PAGE>

                  at  the  respective  dates  thereof  and  the  results  of its
                  operations   and   changes  in  cash  flows  for  the  periods
                  indicated.  Except as set forth in Buyer Financial Statements,
                  Buyer is not aware of any material liabilities for which it is
                  liable or will become liable in the future.

                  (j) TAXES.  Buyer has timely filed all Tax Returns (as defined
                  below)  required  to be filed by it. All such Tax  Returns are
                  true, correct and complete in all material respects. All Taxes
                  (as defined below) of Buyer which are (i) shown as due on such
                  Tax Returns,  (ii)  otherwise due and payable or (iii) claimed
                  or asserted by any taxing authority to be due, have been paid,
                  except for those Taxes being  contested  in good faith and for
                  which adequate reserves have been established in the financial
                  statements  included  in the SEC  Reports in  accordance  with
                  GAAP.  There  are no liens for any  Taxes  upon the  assets of
                  Buyer,  other than  statutory  liens for Taxes not yet due and
                  payable  and liens for real  estate  Taxes  contested  in good
                  faith.  Buyer does not know of any proposed or threatened  Tax
                  claims or assessments which, if upheld,  could individually or
                  in the aggregate  have a material  adverse effect on the Buyer
                  or its financial conditions.  Buyer has not waived any statute
                  of  limitations in respect of Taxes or agreed to any extension
                  of time with respect to a Tax assessment or deficiency.  Buyer
                  has withheld and paid over to the  relevant  taxing  authority
                  all  Taxes   required  to  have  been  withheld  and  paid  in
                  connection    with   payments   to   employees,    independent
                  contractors,  creditors,  stockholders or other third parties.
                  The unpaid Taxes of Buyer for the current  taxable  period (A)
                  did not, as of the most  recent  Buyer  Financial  Statements,
                  exceed the reserve for Tax  liability set forth on the face of
                  the  balance   sheet  in  the  most  recent  Buyer   Financial
                  Statements  and (B) do not exceed that reserve as adjusted for
                  the passage of time through the Closing in accordance with the
                  past custom and  practice of Buyer in filing its Tax  Returns.
                  For  purposes  of  this   Agreement,   (a)  "Tax"  (and,  with
                  correlative meaning,  "Taxes") means any federal, state, local
                  or foreign  income,  gross  receipts,  property,  sales,  use,
                  license,  excise,  franchise,  employment,  payroll,  premium,
                  withholding,   alternative  or  added  minimum,   ad  valorem,
                  transfer,  franchise or excise tax, or any other tax,  custom,
                  duty,  governmental  fee or other like assessment or charge of
                  any kind whatsoever,  together with any interest or penalty or
                  addition  thereto,  whether  disputed  or not,  imposed by any
                  Governmental  Entity,  and (b) "Tax Return"  means any return,
                  report or similar statement  required to be filed with respect
                  to any Tax (including any attached  schedules),  including any
                  information  return,  claim  for  refund,  amended  return  or
                  declaration of estimated Tax.

                  (k) CHANGE OF CONTROL  AGREEMENT.  Neither the  execution  and
                  delivery of the Basic  Agreements nor the  consummation of the
                  Transactions  (either

                                      -7-
<PAGE>

                  alone or in conjunction with any other event) result in, cause
                  the accelerated vesting or delivery of, or increase the amount
                  or value of, any payment or benefit to any director,  officer,
                  employee  or  consultant  of  Buyer.   Without   limiting  the
                  generality  of the  foregoing,  no amount  paid or  payable by
                  Buyer in connection with the Transactions contemplated by this
                  Agreement,  including  accelerated  vesting of options (either
                  solely as a result thereof or as a result of such transactions
                  in  conjunction  with any  other  event),  will be an  "excess
                  parachute  payment"  within the meaning of Section 280G of the
                  Internal Revenue Code.

                  (l) INVESTMENT  INTENT.  Buyer is acquiring the Shares for its
                  own account, for investment purposes only, and not with a view
                  to the sale or distribution of any part thereof, and Buyer has
                  no present intention of selling, granting participation in, or
                  otherwise   distributing  the  same.  Buyer   understands  the
                  specific  risks  related  to  an  investment  in  the  Shares,
                  especially as it relates to the financial  performance  of the
                  Company.

                  (m)  MATERIAL   CONTRACTS.   Buyer  has  no  purchase,   sale,
                  commitment,  or other  contract,  the breach or termination of
                  which would have a materially  adverse effect on the business,
                  financial   condition,   results   of   operations,    assets,
                  liabilities, or prospects of Buyer.

                  (n) NO  LITIGATION.  There  are  no  actions,  suits,  claims,
                  complaints or proceedings pending or threatened against Buyer,
                  at  law  or  in  equity,  or  before  or by  any  governmental
                  department,   commission,  court,  board,  bureau,  agency  or
                  instrumentality;  and there are no facts which would provide a
                  valid basis for any such action, suit or proceeding, which, if
                  determined  adversely  to the  Buyer,  would  have a  material
                  adverse effect on the Buyer. There are no orders, judgments or
                  decrees  of  any  governmental   authority  outstanding  which
                  specifically apply to Buyer or any of its assets.

                  (o) NO OPERATIONS.  Buyer does not currently have any business
                  operations  or  material  assets.  Upon  consummation  of  the
                  Transactions,  Buyer  shall not have in excess of  $10,000  in
                  debts, obligations or liabilities of any kind or nature.

                                      III.

                                    COVENANTS

         3.1      COVENANTS OF BUYER.  Buyer covenants and agrees to perform the
following acts:

                                      -8-
<PAGE>

                  (a) NO  INDEBTEDNESS.  Buyer will not create,  incur,  assume,
                  guarantee  or  otherwise  become  liable  with  respect to any
                  obligation for borrowed money, indebtedness, capitalized lease
                  or  similar  obligation,  except  in the  ordinary  course  of
                  business consistent with past practices,  where the entire net
                  proceeds  thereof  are  deposited  with  and  used  by  and in
                  connection with the business of Buyer.

                  (b) NO DIVIDENDS. Buyer will not declare, set aside or pay any
                  dividends or other distributions of any nature whatsoever.

                  (c)  CONTRACTS.  Buyer  will  not  enter  into or  assume  any
                  contract, agreement, obligation, lease, license, or commitment
                  except in the ordinary course of business consistent with past
                  practice or as contemplated by this Agreement.

                  (d)  CONSENTS.  Buyer will use its best good faith  efforts to
                  obtain the consent or approval of each person or entity  other
                  than a  Governmental  Entity  whose  consent  or  approval  is
                  required for the consummation of the Transactions contemplated
                  hereby  and to do  all  things  necessary  to  consummate  the
                  Transactions contemplated by the Basic Agreements.

                                      -9-
<PAGE>

                                       IV.

                           CONDITIONS PRECEDENT TO THE
                          OBLIGATIONS OF BUYER TO CLOSE

         The obligation of Buyer to close the Transactions  contemplated  hereby
is  subject  to the  fulfillment  by  Seller  prior  to  Closing  of each of the
following conditions, which may be waived in whole or in part by Buyer:

         4.1      COMPLIANCE WITH REPRESENTATIONS, WARRANTIES AND COVENANTS. The
representations  and warranties of Seller contained in this Agreement shall have
been true and correct  when made and shall be true and correct as of the Closing
with the same  force and  effect as if made at the  Closing.  Seller  shall have
performed all agreements,  covenants and conditions  required to be performed by
Seller prior to the Closing.

         4.2      NO LEGAL  PROCEEDINGS.  No  suit,  action  or  other  legal or
administrative proceeding before any court or other governmental agency shall be
pending or threatened  seeking to enjoin the  consummation  of the  Transactions
contemplated hereby.

         4.3      OTHER  AGREEMENTS.  All  parties  other than Buyer  shall have
executed and delivered the Basic Agreements.

         4.4      DOCUMENTS TO BE  DELIVERED  BY SELLER.  The Company and Seller
shall have delivered the following documents:

                  (a) A fully executed  Employment  Agreement by and between the
                  Company and Charles Sander.

                  (b)  Such  other   documents  or   certificates  as  shall  be
                  reasonably  required by Buyer or its counsel in order to close
                  and consummate this Agreement.

         4.5      CLOSING  OF FIRST  AGREEMENT.  The  transactions  contemplated
under the First Agreement shall have closed.

                                      -10-
<PAGE>

                                       V.

                           CONDITIONS PRECEDENT TO THE
                         OBLIGATIONS OF SELLER TO CLOSE

         The  obligation of Seller to close the  Transactions  is subject to the
fulfillment prior to Closing of each of the following  conditions,  any of which
may be waived in whole or in part by Seller:

         5.1      COMPLIANCE WITH REPRESENTATIONS, WARRANTIES AND COVENANTS. The
representations  and warranties  made by Buyer in this Agreement shall have been
true and  correct  when  made and  shall be true  and  correct  in all  material
respects  at the  Closing  with  the same  force  and  effect  as if made at the
Closing, and Buyer shall have performed all agreements, covenants and conditions
required to be performed by Buyer prior to the Closing.

         5.2      NO LEGAL  PROCEEDINGS.  No  suit,  action  or  other  legal or
administrative  proceedings before any court or other governmental  agency shall
be pending or threatened  seeking to enjoin the consummation of the Transactions
contemplated hereby.

         5.3      OTHER  AGREEMENTS.  All parties  other than Seller  shall have
executed and delivered the Basic Agreements.

         5.4      PAYMENTS.  Seller  shall have  received  from Buyer all Common
Stock to be issued at the Closing by Buyer pursuant to all the Basic Agreements.

         5.5      CLOSING  OF FIRST  AGREEMENT.  The  transactions  contemplated
under the First Agreement shall have closed.

                                       VI.

                       MODIFICATION, WAIVERS, TERMINATION
                                  AND EXPENSES

         6.1      MODIFICATION. Buyer and Seller may amend, modify or supplement
this Agreement in any manner as they may mutually agree in writing.

         6.2      WAIVERS.  Buyer and Seller may in writing  extend the time for
or waive  compliance by the other with any of the covenants or conditions of the
other contained herein.

                                      -11-
<PAGE>

         6.3      TERMINATION AND ABANDONMENT.  This Agreement may be terminated
and the purchase of the Shares may be abandoned before the Closing:

                  (a) By the mutual consent of Seller and Buyer;

                  (b) By Buyer, if the  representations and warranties of Seller
                  set forth  herein  shall not be  accurate,  or the  conditions
                  precedent  set  forth in  Article  V shall  have not have been
                  satisfied, in all material respects; or

                  (c) By Seller, if the  representations and warranties of Buyer
                  set forth  herein  shall not be  accurate,  or the  conditions
                  precedent set forth in Article V shall not have been satisfied
                  in all material respects.

         Termination shall be effective on the date of receipt of written notice
specifying the reasons therefor.

                                      VII.

                                  MISCELLANEOUS

         7.1      REPRESENTATIONS  AND WARRANTIES TO SURVIVE.  Unless  otherwise
provided,  all of the representations and warranties contained in this Agreement
and in any  certificate,  exhibit or other document  delivered  pursuant to this
Agreement  shall  survive  the  Closing  for  a  period  of  one  (1)  year.  No
investigation made by any party hereto or their representatives shall constitute
a waiver  of any  representation  or  warranty,  and no such  representation  or
warranty shall be merged into the Closing.

         7.2      BINDING EFFECT OF THE BASIC  AGREEMENTS.  The Basic Agreements
and the  certificates  and other  instruments  delivered  by or on behalf of the
parties pursuant  thereto,  constitute the entire agreement between the parties.
The terms and conditions of the Basic  Agreements  shall inure to the benefit of
and be binding upon the respective heirs, legal  representatives,  successor and
assigns of the parties  hereto.  Nothing in the Basic  Agreements,  expressed or
implied,  confers any rights or  remedies  upon any party other than the parties
hereto and their respective heirs, legal  representatives and assigns.  Whenever
Seller is  authorized  to act  hereunder,  any action  authorized  by members of
Seller  holding a majority of the Shares  shall be deemed the act of and binding
on all members of Seller.

         7.3      APPLICABLE LAW. The Basic Agreements are made pursuant to, and
will be construed under, the laws of the State of Delaware.

                                      -12-
<PAGE>

         7.4      NOTICES.   All   notices,    requests,   demands   and   other
communications  hereunder  shall be in  writing  and will be deemed to have been
duly given when delivered or mailed, first class postage prepaid:

                  (a) If to Buyer, to:

                             U.S. Telesis, Inc.
                             ATTN: Nicholas Rigopulos, President
                             41 Commonwealth Avenue
                             Boston, MA 02116

                  (b) If to Company, to:

                             Catcher, Inc.
                             ATTN: Ira Tabankin - Chief Technology Officer
                             and Chairman
                             1165 Via Vera Cruz
                             San Marcos, CA 92069
                             Tel.: (805) 443 9431
                             Fax: (760) 736 4476

         These  addresses may be changed from time to time by written  notice to
the other parties.

         7.5      HEADINGS.  The headings  contained in this  Agreement  are for
reference only and will not affect in any way the meaning or  interpretation  of
this Agreement.

         7.6      COUNTERPARTS.  This Agreement may be executed in counterparts,
each of  which  will be  deemed  an  original  and all of  which  together  will
constitute one instrument, and may be delivered by facsimile.

         7.7      SEVERABILITY.  If any one or more  of the  provisions  of this
Agreement shall, for any reason, be held to be invalid, illegal or unenforceable
under  applicable  law this  Agreement  shall be construed  as if such  invalid,
illegal  or  unenforceable  provision  had  never  been  contained  herein.  The
remaining  provisions  of this  Agreement  shall be given  effect to the maximum
extent then permitted by law.

         7.8      FORBEARANCE;  WAIVER. Failure to pursue any legal or equitable
remedy  or right  available  to a party  shall not  constitute  a waiver of such
right,  nor shall  any such  forbearance,  failure  or  actual  waiver  imply or
constitute waiver of subsequent default or breach.

         7.9      ATTORNEYS'  FEES AND  EXPENSES.  The  prevailing  party in any
legal  proceeding  based upon this  Agreement  shall be entitled  to  reasonable
attorneys' fees and expenses and court costs.

                                      -13-
<PAGE>

         7.10     EXPENSES.  Each party shall pay all fees and expenses incurred
by it incident to this Agreement and in connection with the  consummation of all
transactions contemplated by this Agreement.

         7.11     INTEGRATION.  This Agreement and all documents and instruments
executed   pursuant  hereto  merge  and  integrate  all  prior   agreements  and
representations  respecting  the  Transactions,  whether  written  or oral,  and
constitute  the sole  agreement  of the  parties  in  connection  therewith  and
contains solely all  representations  and warranties with respect to its subject
matter.  This Agreement has been  negotiated by and submitted to the scrutiny of
both Seller and Buyer and their counsel and shall be given a fair and reasonable
interpretation  in accordance with the words hereof,  without  consideration  or
weight  being given to its having  been  drafted by either  party  hereto or its
counsel.

         IN WITNESS WHEREOF,  the undersigned  parties hereto have duly executed
this Stock Purchase Agreement on the date first written above.

                                     "BUYER"

                                     U.S. TELESIS HOLDING, INC.
                                     A DELAWARE CORPORATION

                                     BY:________________________________
                                        NICHOLAS RIGOPULOS, PRESIDENT

                          [SELLER's signature on following page]

                                      -14-
<PAGE>

                                     "SELLER"

                                     BY:  _______________________
                                             PETER G. STANLEY

                                                AND

                                          _______________________
                                             SUSAN H. STANLEY,
                                     AS JOINT TENANTS WITH RIGHT OF SURVIVORSHIP

                                      -15-

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