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                                                                   EXHIBIT 10.34

                            NEGATIVE PLEDGE AGREEMENT

          This Negative Pledge Agreement is made as of December 27, 2002, by and
between VIEWLOCITY, INC. ("Borrower") and SILICON VALLEY BANK ("Bank").

          In connection with, among other documents, the Loan and Security
Agreement (the "Loan Documents") being concurrently executed herewith between
Borrower and Bank, Borrower agrees as follows:

          1.   Borrower shall not sell, transfer, assign, mortgage, pledge,
               lease, grant a security interest in, or encumber, or enter into
               any agreement, document, instrument or other arrangement (except
               with or in favor of the Bank and except as permitted by the Loan
               Documents, including without limitation the Liens existing on the
               Closing Date and disclosed to and accepted by the Bank in writing
               as set forth on the Schedule to Loan and Security Agreement) with
               any Person which directly or indirectly prohibits or has the
               effect of prohibiting Borrower from selling, transferring,
               assigning, mortgaging, pledging, leasing, granting a security
               interest in or upon, or encumbering any of Borrower's personal
               property, including, without limitation, the following:

               a.   All goods and equipment as defined in the Uniform Commercial
                    Code now owned or hereafter acquired, including, without
                    limitation, all machinery, fixtures, vehicles (including
                    motor vehicles and trailers), and any interest in any of the
                    foregoing, and all attachments, accessories, accessions,
                    replacements, substitutions, additions, and improvements to
                    any of the foregoing, wherever located;

               b.   All inventory as defined in the Uniform Commercial Code and
                    includes, now owned or hereafter acquired, including,
                    without limitation, all merchandise, raw materials, parts,
                    supplies, packing and shipping materials, work in process
                    and finished products including such inventory as is
                    temporarily out of Borrower's custody or possession or in
                    transit and including any returns upon any accounts or other
                    Proceeds, , resulting from the sale or disposition of any of
                    the foregoing and any documents of title representing any of
                    the above;

               c.   All contract rights and general intangibles now owned or
                    hereafter acquired, including, without limitation, goodwill,
                    trademarks, servicemarks, trade styles, trade names,
                    patents, patent applications, leases, license agreements,
                    franchise agreements, blueprints, drawings, purchase orders,
                    customer lists, route lists, infringements, claims, computer
                    programs, computer discs, computer tapes, literature,
                    reports, catalogs, design rights, income tax refunds,
                    payments of insurance and rights to payment of any kind;

               d.   All letter-of-credit rights (whether or not the letter of
                    credit is evidenced by a writing);

               e.   Any and all copyright rights, copyright applications,
                    copyright registrations and like protections in each work or
                    authorship and derivative work thereof, whether published or
                    unpublished and whether or not the same also constitutes a
                    trade secret, now or hereafter existing, created, acquired
                    or held;

               f.   All mask works or similar rights available for the
                    protection of semiconductor chips, now owned or hereafter
                    acquired;

               g.   Any and all trade secrets, and any and all intellectual
                    property rights in computer software and computer software
                    products now or hereafter existing, created, acquired or
                    held;

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               h.   Any and all design rights which may be available to Borrower
                    now or hereafter existing, created, acquired or held;

               i.   All patents, patent applications and like protections
                    including, without limitation, improvements, divisions,
                    continuations, renewals, reissues, extensions and
                    continuations-in-part of the same, including without
                    limitation the patents and patent applications;

               j.   Any trademark and servicemark rights, whether registered or
                    not, applications to register and registrations of the same
                    and like protections, and the entire goodwill of the
                    business of Borrower connected with and symbolized by such
                    trademarks;

               k.   Any and all claims for damages by way of past, present and
                    future infringements of any of the rights included above,
                    with the right, but not the obligation, to sue for and
                    collect such damages for said use or infringement of the
                    intellectual property rights identified above;

               l.   All licenses or other rights to use any of the Copyrights,
                    Patents or Trademarks, and all license fees and royalties
                    arising from such use to the extent permitted by such
                    license or rights; and

               m.   All amendments, extensions, renewals and extensions of any
                    of the Copyrights, Trademarks or Patents; and

               n.   All proceeds and products of the foregoing, including
                    without limitation all payments under insurance or any
                    indemnity or warranty payable in respect of any of the
                    foregoing;

          2.   It shall be an event of default under the Loan Documents between
               Borrower and Bank if there is a breach of any term of this
               Negative Pledge Agreement.

          3.   Capitalized terms used but not otherwise defined herein shall
               have the same meaning as in the Loan Documents.

                                       BORROWER:

                                       VIEWLOCITY, INC.

                                       By: /s/ L. Allen Plunk
                                          -----------------------------------
                                          Name: L. Allen Plunk
                                          Title: EVP and CFO

                                       BANK:

                                       SILICON VALLEY BANK

                                       By: /s/ Alan Spurgin
                                          -----------------------------------
                                          Name: Alan Spurgin
                                          Title: Vice President<Page>

                                                                   EXHIBIT 10.35

                            REVOLVING PROMISSORY NOTE

$1,829,900                                                      Atlanta, Georgia
                                                               December 27, 2002

     FOR VALUE RECEIVED, the undersigned, VIEWLOCITY, INC., a Georgia
corporation ("Borrower") promises to pay to the order of Silicon Valley Bank, a
California-chartered bank ("Bank"), at such place as the holder hereof may
designate, in lawful money of the United States of America, the aggregate unpaid
principal amount of all advances ("Advances") made by Bank to Borrower
(including, but not limited to, Advances made to reimburse the Bank for any
drawings made under any letters of credit issued by the Bank for the account of
the Borrower) in accordance with the terms and conditions of the Loan and
Security Agreement between Borrower and Bank of even date herewith (as amended
from time to time, the "Loan Agreement"), up to a maximum principal amount of
One Million Eight Hundred Twenty-Nine Thousand Nine Hundred Dollars ($1,829,900)
("Principal Sum"), or so much thereof as may be advanced or readvanced and
remains unpaid. Borrower shall also pay interest on the aggregate unpaid
principal amount of such Advances, as follows:

     Commencing as of the date hereof and continuing until repayment in full of
all sums due hereunder, the unpaid Principal Sum shall bear interest (i) at the
variable rate of interest, per annum, most recently announced by Bank as its
"prime rate," whether or not such announced rate is the lowest rate available
from Bank (the "Prime Rate"), plus one percent (1.0%) per annum, until such time
as Borrower delivers a correct Compliance Certificate reflecting that Borrower's
EBITDA was greater than zero for each of the preceding two fiscal quarters; and
(ii) at a per annum rate equal to the Prime Rate one-half of one percent (0.5%)
per annum after receipt of such Compliance Certificate. The rate of interest
charged under this Note shall change immediately and contemporaneously with any
change in the Prime Rate. All interest payable under the terms of this Note
shall be calculated on the basis of a 360-day year and the actual number of days
elapsed. For purposes of this Note, "EBITDA" shall mean, for any fiscal quarter
of Borrower, an amount equal to (a) Borrower's net income for such fiscal
quarter; plus (b) Borrower's interest expense for such fiscal quarter, plus (c)
Borrower's income tax expense for such fiscal quarter plus (d) Borrower's
depreciation and amortization for financial reporting purposes during such
fiscal quarter, determined, in each case, in accordance with GAAP.

     The unpaid Principal Sum, together with interest thereon at the rate or
rates provided above, shall be payable as follows:

          (a)   Interest only on the unpaid principal amount shall be due and
payable monthly in arrears, commencing January 1, 2003, and continuing on the
first (1st) day of each calendar month thereafter to maturity; and

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          (b)   Unless sooner paid, the unpaid Principal Sum, together with
interest accrued and unpaid thereon, shall be due and payable in full on the
Revolving Maturity Date.

     The fact that the balance hereunder may be reduced to zero from time to
time pursuant to the Loan Agreement will not affect the continuing validity of
this Note or the Loan Agreement, and the balance may be increased to the
Principal Sum after any such reduction to zero.

     Borrower further agrees that, if any payment made by Borrower or any other
person is applied to this Note and is at any time annulled, set aside,
rescinded, invalidated, declared to be fraudulent or preferential or otherwise
required to be refunded or repaid, or the proceeds of any property hereafter
securing this Note is required to be returned by Bank to Borrower, its estate,
trustee, receiver or any other party, including, without limitation, such
Borrower, under any bankruptcy law, state or federal law, common law or
equitable cause, then, to the extent of such payment or repayment, Borrower's
liability hereunder (and any lien, security interest or other collateral
securing such liability) shall be and remain in full force and effect, as fully
as if such payment had never been made, or, if prior thereto any such lien,
security interest or other collateral hereafter securing Borrower's liability
hereunder shall have been released or terminated by virtue of such cancellation
or surrender, this Note (and such lien, security interest or other collateral)
shall be reinstated in full force and effect, and such prior cancellation or
surrender shall not diminish, release, discharge, impair or otherwise affect the
obligations of Borrower in respect of the amount of such payment (or any lien,
security interest or other collateral securing such obligation).

     This Note is the "Revolving Promissory Note" described in the Loan
Agreement, to which reference is hereby made for a more complete statement of
the terms and conditions under which the loans and advances evidenced hereby are
made. This Note is secured as provided in the Loan Agreement and the other Loan
Documents. All capitalized terms used herein and not otherwise defined shall
have the meanings given to such terms in the Loan Agreement.

     Borrower irrevocably waives the right to direct the application of any and
all payments at any time hereafter received by Bank from or on behalf of
Borrower and Borrower irrevocably agrees that Bank shall have the continuing
exclusive right to apply any and all such payments against the then due and
owing obligations of Borrower as Bank may deem advisable. In the absence of a
specific determination by Bank with respect thereto, all payments shall be
applied in the following order: (a) then due and payable fees and expenses; (b)
then due and payable interest payments and mandatory prepayments; and (c) then
due and payable principal payments and optional prepayments.

     Bank is hereby authorized by Borrower to endorse on Bank's books and
records each Advance made by Bank under this Note and the amount of each payment
or prepayment of principal of each such Advance received by Bank; it being
understood, however, that failure to make any such endorsement (or any error in
notation) shall not affect the obligations of Borrower

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with respect to Advances made hereunder, and payments of principal by Borrower
shall be credited to Borrower notwithstanding the failure to make a notation (or
any errors in notation) thereof on such books and records.

     The occurrence of any one or more of the following events shall constitute
an event of default (individually, an "Event of Default" and collectively, the
"Events of Default") under the terms of this Note:

          (a)   The failure of Borrower to pay to Bank when due any and all
amounts payable by Borrower to Bank under the terms of this Note; or

          (b)   The occurrence of an Event of Default (as defined therein) under
the terms and conditions of any of the other Loan Documents.

     Upon the occurrence of an Event of Default, at the option of Bank, all
amounts payable by Borrower to Bank under the terms of this Note shall
immediately become due and payable by Borrower to Bank without notice to
Borrower or any other person, and Bank shall have all of the rights, powers, and
remedies available under the terms of this Note, any of the other Loan Documents
and all applicable laws. Borrower and all endorsers, guarantors, and other
parties who may now or in the future be primarily or secondarily liable for the
payment of the indebtedness evidenced by this Note hereby severally waive
presentment, protest and demand, notice of protest, notice of demand and of
dishonor and non-payment of this Note and expressly agree that this Note or any
payment hereunder may be extended from time to time without in any way affecting
the liability of Borrower, guarantors and endorsers.

     Borrower promises to pay all costs and expense of collection of this Note
and to pay all reasonable attorneys' fees incurred in such collection, whether
or not there is a suit or action, or in any suit or action to collect this Note
or in any appeal thereof. Borrower waives presentment, demand, protest, notice
of protest, notice of dishonor, notice of nonpayment, and any and all other
notices and demands in connection with the delivery, acceptance, performance
default or enforcement of this Note, as well as any applicable statutes of
limitations. No delay by Bank in exercising any power or right hereunder shall
operate as a waiver of any power or right. Time is of the essence as to all
obligations hereunder.

     This Note is issued pursuant to the Loan Agreement, which shall govern the
rights and obligations of Borrower with respect to all obligations hereunder.

     Borrower acknowledges and agrees that this Note shall be governed by the
laws of the State of Georgia, excluding conflicts of laws principles, even
though for the convenience and at the request of Borrower, this Note may be
executed elsewhere.

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     BORROWER ACCEPTS FOR ITSELF AND IN CONNECTION WITH ITS PROPERTIES,
UNCONDITIONALLY, THE NON-EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT OF
COMPETENT JURISDICTION IN THE STATE OF GEORGIA IN ANY ACTION, SUIT, OR
PROCEEDING OF ANY KIND, AGAINST IT WHICH ARISES OUT OF OR BY REASON OF THIS
AGREEMENT; PROVIDED, HOWEVER, THAT IF FOR ANY REASON BANK CANNOT AVAIL ITSELF OF
THE COURTS OF GEORGIA, BORROWER ACCEPTS JURISDICTION OF THE COURTS AND VENUE IN
SANTA CLARA COUNTY, CALIFORNIA. BORROWER AND BANK EACH HEREBY WAIVE THEIR
RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR
ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED
THEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL
OTHER COMMON LAW OR STATUTORY CLAIMS. EACH PARTY RECOGNIZES AND AGREES THAT THE
FOREGOING WAIVER CONSTITUTES A MATERIAL INDUCEMENT FOR IT TO ENTER INTO THIS
AGREEMENT. EACH PARTY REPRESENTS AND WARRANTS THAT IT HAS REVIEWED THIS WAIVER
WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY
TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL.

     IN WITNESS WHEREOF, Borrower has caused this Note to be executed under seal
by its duly authorized officers as of the date first written above.

WITNESS/ATTEST:                          VIEWLOCITY, INC.

/s/ Cy Pritchard                       By:  /s/ L. Allen Plunk     (SEAL)
------------------------------              ------------------------------
                                            Name: L. Allen Plunk
                                            Title: EVP and CFO

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