Document:

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                                                                   EXHIBIT 10.24

                      PREFERRED STOCK PURCHASE AGREEMENT

                                     among

                      NAVIANT TECHNOLOGY SOLUTIONS, INC.

                             TL VENTURES III L.P.

                         TL VENTURES III OFFSHORE L.P.

                        TL VENTURES III INTERFUND L.P.

                              TL VENTURES IV L.P.

                         TL VENTURES IV INTERFUND L.P.

                      GE CAPITAL EQUITY INVESTMENTS, INC.

                          FIRST UNION INVESTORS, INC.

                              AT HOME CORPORATION

                               24/7 MEDIA, INC.

                               BCI GROWTH V, LLC

                              BCI INVESTORS, LLC

                                XL VENTURES LLC

                          CATTERTON PARTNERS IV, L.P.

                     CATTERTON PARTNERS IV OFFSHORE, L.P.

                                   CITICORP

                                      AND

                                CHARLES STRYKER

                        Dated as of September 13, 1999

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                      PREFERRED STOCK PURCHASE AGREEMENT

      THIS PREFERRED STOCK PURCHASE AGREEMENT, dated as of September 13, 1999
(this "Agreement"), among NAVIANT TECHNOLOGY SOLUTIONS, INC., a Delaware
       ---------
corporation (the "Company"), TL VENTURES IV, L.P., a Delaware limited
                  -------
partnership and TL VENTURES IV INTERFUND L.P., a Delaware limited partnership
(collectively, "TL Ventures IV"), TL VENTURES III L.P., a Delaware limited
                --------------
partnership, TL VENTURES III OFFSHORE L.P., a Cayman Islands limited
partnership, and TL VENTURES III INTERFUND L.P., a Delaware limited partnership
(collectively, "TL Ventures III," and together with TL Ventures IV, "TL
                ---------------                                      --
Ventures"), GE CAPITAL EQUITY INVESTMENTS, INC., a Delaware corporation ("GE
--------                                                                  --
Equity"), FIRST UNION INVESTORS, INC., a North Carolina corporation ("First
------                                                                -----
Union"), AT HOME CORPORATION, a Delaware  corporation ("Excite"), 24/7 MEDIA,
-----                                                   ------
INC., a Delaware corporation ("24/7 Media"), BCI GROWTH V, LLC, a Delaware
                               ----------
limited liability company ("BCI Growth"), BCI INVESTORS, LLC, a Delaware limited
                            ----------
liability company (together with BCI Growth, "BCI"), XL VENTURES LLC ("XL"), a
                                              ---                      --
Delaware limited liability company, CATTERTON PARTNERS IV, L.P. and CATTERTON
PARTNERS IV OFFSHORE, L.P., both Delaware limited partnerships, jointly
("Catterton"), CITICORP, a Delaware corporation ("Citicorp"), and CHARLES
  ---------                                       --------
STRYKER ("Stryker") (collectively with TL Ventures, GE Equity, First Union,
          -------
Excite, 24/7 Media, BCI, XL, Catterton and Citicorp, the "Purchasers").
                                                          ----------

      WHEREAS, the Purchasers wish to purchase from the Company, and the Company
wishes to sell to the Purchasers, (i) shares of two new series of Preferred
Stock $0.01 par value per share of each series, of the Company (the "Preferred
                                                                     ---------
Stock"), to be designated "Series C Convertible Redeemable Preferred Stock" (the
-----
"Series C Preferred Stock") and "Series D Non-Voting Convertible Preferred
 ------------------------
Stock", which non-voting securities shall be identical in all respects to the
Series C Redeemable Preferred Stock (or Common Stock issuable upon conversion
thereof), except that such securities shall be non-voting and shall be
convertible into securities identical in all respects to the Series C Preferred
Stock (or Common Stock issuable upon conversion thereof) other than voting
rights and voting terms requested by First Union in light of regulatory
considerations then prevailing but not any greater than the voting rights
relinquished (the "Series D Preferred Stock") and (ii) warrants ("Warrants") to
                   ------------------------
purchase Common Stock; and

      WHEREAS, the Purchasers and the Company desire to provide for such
purchase and sale and to establish various rights and obligations in connection
therewith.

      NOW, THEREFORE, in consideration of the premises and the mutual covenants
and agreements herein set forth, the parties hereto agree as follows:

      1.  Purchase and Sale of Series C Preferred Stock and Series D Preferred
          --------------------------------------------------------------------
Stock.
-----
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               1.1.   Closing.  Upon the terms and subject to the conditions
                      -------
set forth herein, the Company shall sell to each Purchaser and each Purchaser
shall purchase from the Company the number of shares of Series C Preferred Stock
and/or Series D Preferred Stock and a Warrant in the form attached as Exhibit A
hereto (each, a "Warrant" and, collectively, the "Warrants") as set forth
opposite the name of such Purchaser on Schedule 1.1, at a purchase price of
$1.35 per share. The closing of the transactions contemplated hereby (the
"Closing") will take place at the offices of Brobeck, Phleger & Harrison LLP,
 -------
301 Congress Avenue, Suite 1200, Austin, Texas, at 10:00 a.m. on the date of
this Agreement concurrently with the execution and delivery hereof (the "Closing
                                                                         -------
Date").
----

               1.2    Deliveries at Closing.  At the Closing:
                      ---------------------

               (i)    Brobeck, Phleger & Harrison LLP, counsel to the Company,
     shall deliver to each of the Purchasers an opinion dated as of the Closing
     Date in the form set forth in Exhibit B hereto;

               (ii)   the Amended and Restated Certificate of Incorporation of
     the Company (the "Certificate of Incorporation") shall have been amended
                       ----------------------------
     and restated in the form of the Second Amended and Restated Certificate of
     Incorporation attached as Exhibit C hereto setting forth the rights and
     preferences of the Series C Preferred Stock and the Series D Preferred
     Stock and modifying the rights and preferences of the Series A Convertible
     Redeemable Preferred Stock (as described in Section 2.7 hereof) and the
     Series B Convertible Redeemable Preferred Stock (as described in Section
     2.7 hereof) (the "New Certificate of Incorporation"), which shall have been
                       --------------------------------
     filed with the Secretary of State of the State of Delaware in accordance
     with the Delaware General Corporation Law (the "DGCL");

               (iii)  the Company shall deliver to each Purchaser stock
     certificates registered in name of such Purchaser representing the number
     of shares of Series C Preferred Stock, and/or Series D Preferred Stock and
     a Warrant as set forth opposite the name of such Purchaser on Schedule 1.1;

               (iv)   each Purchaser shall pay to the Company the aggregate
     purchase price for the shares of Series C Preferred Stock and/or Series D
     Preferred Stock and the Warrant being purchased by it, by wire transfer of
     immediately available funds pursuant to wiring instructions furnished by
     the Company and attached to Schedule 1.1;

               (v)    the Company shall execute and deliver to each Purchaser a
     registration rights agreement in the form attached as Exhibit D hereto (the
     "Registration Rights Agreement");
      -----------------------------

                                      -2-
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               (vi)   the employment and non-compete agreements between the
     Company and each of Charles Stryker, William J. Tobia, James Flynn and Ray
     Butkus, in the forms attached as Exhibits E, F, G and H hereto, shall have
     been executed and delivered by the parties thereto and shall be in full
     force and effect;

               (vii)  the stockholders' agreement, dated as of the date hereof,
     by and among the Company and the stockholders party thereto in the form
     attached as Exhibit I hereto (the "Stockholders' Agreement"), shall be
                                        -----------------------
     executed and delivered concurrently with the Closing;

               (viii) all conditions to the obligation of the Company to
     consummate the transactions contemplated by the Asset Purchase Agreement,
     dated as of July 22, 1999, between the Company and IntelliQuest Information
     Group Inc., in the form attached as Exhibit J hereto (the "IQ2.net Purchase
     Agreement"), shall have been satisfied and the closing of the transactions
     contemplated by the IQ2.net Purchase Agreement shall take place immediately
     following the Closing in accordance with the terms of the IQ2.net Purchase
     Agreement without any amendment, modification or waiver of any provision
     thereof; and

               (ix)   the Purchasers shall have received copies of all closing
     documents in connection with the purchase and sale of IQ2.net and all such
     documents shall be in form and substance reasonably satisfactory to the
     Purchasers, including, without limitation, copies of all opinions of
     counsel, which shall expressly permit the Purchasers to rely upon such
     opinions in connection with the transactions contemplated hereby.

               1.3.   Definitions.  Certain capitalized terms used in this
                      -----------
Agreement are defined in Section 5 hereof.

          2.   Representations and Warranties of the Company.
               ---------------------------------------------

          Subject to and except as disclosed  by the Company in the Disclosure
Schedule attached as Exhibit K hereto, the Company hereby represents and
warrants to each of the Purchasers as follows (it being understood that all
representations and warranties herein with respect to IQ2.net, except those
provided in Section 2.22, are made solely to the Company's knowledge after
reasonable inquiry):

               2.1.   Organization and Qualification.  The Company and each of
                      ------------------------------
its Subsidiaries is a corporation duly organized and existing in good standing
under the laws of its jurisdiction of organization and has the power to own its
property and to carry on its business as now being conducted.

                                      -3-
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               2.2.   Due Authorization.  The execution and delivery of this
                      -----------------
Agreement and the Related Documents by the Company and the issuance and sale of
the Series C Preferred Stock, Series D Preferred Stock and Warrants by the
Company and compliance by the Company with all the provisions of this Agreement
and the Related Documents (i) are within the corporate power and authority of
the Company, and (ii) have been duly authorized by all requisite corporate
proceedings on the part of the Company.  This Agreement and the Related
Documents have been duly executed and delivered by the Company and constitute
the valid and binding agreements of the Company, enforceable in accordance with
their respective terms, except that (i) such enforcement may be subject to
bankruptcy, insolvency, reorganization, moratorium or other similar laws now or
hereafter in effect relating to creditors' rights and (ii) the remedy of
specific performance and injunctive and other forms of equitable relief may be
subject to equitable defenses and to the discretion of the court before which
any proceeding therefor may be brought.  The Company has furnished to each
Purchaser true and correct copies of the Company's Certificate of Incorporation
and By-Laws (or comparable governing instruments) of the Company and its
Subsidiaries as in effect on the date of this Agreement.

               2.3.   Subsidiaries.  Schedule 2.3 sets forth the name,
                      ------------
jurisdiction of formation, authorized capital stock and number of outstanding
shares of capital stock of each Subsidiary of the Company and the percentage
ownership interest in such Subsidiary owned by the Company.  Except for the
Subsidiaries, the Company does not own, directly or indirectly, any ownership
interest in any Person.

               2.4.   Financial Statements.  Schedule 2.4 sets forth true and
                      --------------------
complete copies of the following financial statements (including any related
schedules and notes):  (i) the audited consolidated balance sheets of the
Company and the related audited consolidated statements of income, changes in
stockholders' equity and cash flows as of and for the three months ended August
1, 1997, and the fiscal year ended July 31, 1998, and the unaudited consolidated
balance sheet of the Company as of July 31, 1999 and the related unaudited
consolidated statements of income, changes in stockholders' equity and cash
flows for the fiscal year ended July 31, 1999, (ii) the unaudited balance sheets
and the related unaudited statements of income of IQ2.net as of and for each of
the two fiscal years ended December 31, 1997 and 1998 and six months ended June
30, 1999 and for the period commencing January 1, 1999 and ended on that date,
and (iii) the pro forma unaudited consolidated balance sheets of the Company as
its of June 30, 1999 and as of the date of this Agreement (giving effect to the
Acquisition as if consummated as of such date) and pro forma unaudited
consolidated statements of income of the Company for the fiscal year ended June
30, 1999 (giving effect to the Acquisition as if consummated as of July 1, 1998)
(the "Financial Statements").  The Financial Statements have been prepared in
      --------------------
accordance with generally accepted accounting principles consistently followed,
except, in the case of interim financial statements, for the absence of
footnotes and subject to normal year-end adjustments, none

                                      -4-
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of which will be material in amount, throughout the periods involved and fairly
present the financial condition, results of operations, cash flows and changes
in stockholders' equity, as applicable, of the Company, IQ2.net or the Company
giving effect to the Acquisition, as the case may be, as of their respective
dates. Except as disclosed in the Financial Statements or on Schedule 2.4, and
except for liabilities incurred in the ordinary course of business since July
30, 1999 which are not material in amount or effect, neither the Company nor
IQ2.net have any liabilities or obligations, whether accrued or unaccrued,
absolute or contingent, matured or unmatured. Since July 31, 1998, the
businesses of the Company and IQ2.net have been operated only in the ordinary
course and no event has occurred which has had or is reasonably likely to have a
Material Adverse Effect.

               2.5.   Litigation.  There is no action, suit, investigation or
                      ----------
proceeding pending or, to the knowledge of the Company, threatened against the
Company or any of its Subsidiaries or IQ2.net, their respective properties or
assets by or before any court, arbitrator or Governmental Authority.

               2.6.   Conflicting Agreements and Charter Provisions.  The
                      ---------------------------------------------
Company is not a party to or bound by any contract or agreement or subject to
any charter or bylaw provision or judgment or decree which has or is reasonably
likely to have a Material Adverse Effect. None of (i) the execution and delivery
of this Agreement and the Related Documents and the issuance of Series C
Preferred Stock and/or Series D Preferred Stock and (ii) the fulfillment of and
compliance with the terms and provisions hereof and thereof and of the Series C
Preferred Stock and Series D Preferred Stock will conflict with or result in a
breach of the terms, conditions or provisions of, or give rise to a right of
termination under, or constitute a default under, or result in any violation of,
the Certificate of Incorporation or By-laws of the Company or any mortgage,
agreement, instrument, order, judgment, decree, statute, law, rule or regulation
to which the Company or its properties is subject except any such default that
has not had and would not reasonably be expected to have a Material Adverse
Effect. Neither the Company nor any of its Subsidiaries nor IQ2.net is in
default under any of its contracts or agreements, or under any instrument by
which it is bound except any such default that has not had and would not
reasonably be expected to have a Material Adverse Effect.

               2.7.   Capitalization.  As of the date of this Agreement and
                      --------------
prior to the issuance of the Series C Preferred Stock and Series D Preferred
Stock and the filing of the New Certificate of Incorporation, the authorized
capital stock of the Company consists of (i) 20,000,000 shares of the Company's
Common Stock, par value $0.01 per share (the "Common Stock"), of which
10,125,000 shares are validly issued and outstanding, fully paid and
nonassessable, and (ii) 5,000,000 shares of "blank check" preferred stock, par
value of $0.01 per share, of which (A) 3,375,000 shares have been designated as
"Series A Convertible Preferred Stock", of which 3,375,000 shares are validly
issued and outstanding, fully paid and nonassessable and (B) 1,500,000 shares

                                      -5-
<PAGE>

have been designated as "Series B Convertible Preferred Stock", of which
1,500,000 shares are validly issued and outstanding fully paid and
nonassessable. Except as set forth on Schedule 2.7 and except for the Series A
Convertible Preferred Stock and the Series B Convertible Preferred Stock
identified above, there are no outstanding options, warrants, scrip, rights to
subscribe to, calls or commitments of any character whatsoever relating to, or
securities or rights convertible into, shares of any class of capital stock of
the Company or any Subsidiary, or contracts, commitments, understandings or
arrangements by which the Company or any Subsidiary is or may become bound
relating to the issuance or transfer of any shares of capital stock or options,
warrants or rights to purchase or acquire any shares of capital stock of the
Company or any Subsidiary or relating to the voting of any shares of capital
stock of the Company or any Subsidiary.

               2.8.   Status of Series C Preferred Stock and Series D Preferred
                      ---------------------------------------------------------
Stock.  The shares of Series C Preferred Stock and Series D Preferred Stock have
-----
been duly authorized by all necessary corporate action on the part of the
Company and, upon payment therefor as provided in Article 1 hereof, the shares
of Series C Preferred Stock and Series D Preferred Stock, and the shares of
Common Stock issuable upon conversion of the Series C Preferred Stock and Series
D Preferred Stock or upon exercise of the Warrants, upon such conversion or
exercise, as the case may be, and issuance will be, validly issued and
outstanding, fully paid and nonassessable.  The shares of Common Stock issuable
upon conversion of the shares of Series C Preferred Stock and Series D Preferred
Stock have been validly reserved for issuance.

               2.9.   Laws and Regulations.  Each of the Company and its
                      --------------------
Subsidiaries and IQ2.net is in compliance with all applicable statutes, rules,
regulations and orders of all Governmental Authorities with respect to the
conduct of their respective businesses and the ownership of their respective
properties, including, without limitation, those relating to the environment and
human health, equal employment opportunity, employee safety, privacy, foreign
corrupt practices and ERISA except where the failure to be in compliance has not
had and would not be expected to have a Material Adverse Effect.  There are no
claims, notices, civil, criminal or administrative hearings, investigations,
inquiries or proceedings pending or, to the best knowledge of the Company,
threatened against the Company or any of its Subsidiaries or IQ2.net alleging
any violation of law that has had or reasonably would be expected to have a
Material Adverse Effect.

               2.10.  Use of Proceeds.  The proceeds of the sale of the Series C
                      ---------------
Preferred Stock, Series D Preferred Stock and Warrants will first be used by the
Company to acquire IQ2.net, pursuant to the IQ2.net Purchase Agreement, and the
remaining proceeds will be used for working capital and for general corporate
purposes.

               2.11.  Title to Properties; Insurance.  (a)  Each of the Company
                      ------------------------------
and its Subsidiaries and IQ2.net has good and valid title to, or, in the case of
property leased by it as lessee, a valid and subsisting leasehold interest in
its properties and assets, free of

                                      -6-
<PAGE>

all liens and encumbrances other than those referred to in Schedule 2.11, except
for such defects in title and such other liens and encumbrances which are
disclosed in Schedule 2.11 or which do not, in the aggregate, materially detract
from the value to the Company and its Subsidiaries and IQ2.net of their
respective properties and assets.

               (b)    As of the date hereof, the Company and its Subsidiaries
carry liability, property and casualty, automobile, workers' compensation,
directors' and officers' and errors and omissions insurance, in scope, coverage
and amounts as set forth on Schedule 2.11. Schedule 2.11 indicates whether each
such insurance policy is a claims made or occurrence-based policy. Each of the
insurance policies is in full force and effect, and all premiums due and payable
have been paid. The Company and its Subsidiaries are in compliance in all
material respects with the terms and conditions of such insurance policies.
Neither the Company nor any of the Subsidiaries has received any notice of
cancellation of, or threatening to cancel, any such insurance policy.

               2.12.  Governmental Consents, etc.  The Company is not required
                      ---------------------------
to obtain any consent, approval or authorization of, or to make any declaration
or filing with, any Governmental Authority as a condition to or in connection
with the valid execution, delivery and performance of this Agreement and the
Related Documents and the valid offer, issue, sale or delivery of the Series C
Preferred Stock and Series D Preferred Stock, or the performance by the Company
of its obligations in respect thereof, except for any filings required to effect
any registration pursuant to the Registration Rights Agreement, filings required
by the DGCL, any filings required pursuant to state and federal securities laws
which will be timely made after the Closing hereunder and any such consents,
approvals, authorizations deliberations or filing that if not obtained or made
would not reasonably be expected to have a Material Adverse Effect.

               2.13.  Taxes.  The Company and its Subsidiaries have filed or
                      -----
caused to be filed all material tax returns which are required to be filed and
have paid or caused to be paid all taxes as shown on said returns and on all
assessments received by it to the extent that such taxes have become due, except
taxes the validity or amount of which is being contested in good faith by
appropriate proceedings and with respect to which adequate reserves have been
set aside.  The Company and its Subsidiaries have paid or caused to be paid, or
have established adequate reserves for all material federal income tax
liabilities and state income tax liabilities applicable to the Company or any of
its Subsidiaries.  Additionally, no tax return of the Company or any of its
Subsidiaries is currently subject to an audit and neither the Company nor any of
its Subsidiaries has filed a request for an extension with respect to the filing
of any tax return.

               2.14.  Employee Benefits.  (a)  Except as provided on Schedule
                      -----------------
2.14 hereto, the Company and its Subsidiaries have no employee benefit plans,
pension, retirement, deferred compensation, profit sharing, bonus, incentive,
stock option, severance, health, life, disability, group insurance or other
plans, programs or arrangements.

                                      -7-
<PAGE>

               (b)    No employee of the Company or any of its Subsidiaries will
become entitled to any bonus, retirement, severance or similar benefit or
enhanced benefit as a result of the transactions contemplated hereby.

               (c)    The Company is not aware that any management or other key
employee or consultant to the Company or any of its Subsidiaries has any plans
to terminate his or her relationship with the Company and its Subsidiaries.  The
Company and its Subsidiaries have complied with all applicable laws relating to
the employment of labor, including laws relating to wages and hours, equal
opportunity and payment of social security and other taxes.

               2.15.  Possession of Franchises, Licenses, etc.  Each of the
                      ----------------------------------------
Company and its Subsidiaries and IQ2.net possesses all franchises, certificates,
licenses, permits and other authorizations from governmental or political
subdivisions or regulatory authorities and all patents, trademarks, service
marks, trade names, copyrights, licenses and other rights, free from burdensome
restrictions, that are necessary for the ownership, maintenance and operation by
the Company and its Subsidiaries of their respective properties and assets, and
neither the Company nor any Subsidiary is in violation of any thereof in any
material respect.

               2.16.  Proprietary Rights.  Set forth on Schedule 2.16 is a true
                      ------------------
and complete list of all patents, patent applications, trademarks, service
marks, trademark and service mark applications, trade names, copyrights,
licenses, internet domain names, domain name reservations or registrations,
source and object code, algorithms, architecture, structure, display screens,
layouts and other similar rights (including, without limitation, processes,
inventions, know-how, trade secrets, development tools and other confidential
information) presently used by the Company or any of its Subsidiaries or IQ2.net
or reasonably necessary for the conduct of the business of the Company and its
Subsidiaries and IQ2.net as presently conducted and as proposed to be conducted
(the "Proprietary Rights").  The Company and its Subsidiaries and IQ2.net own,
      ------------------
or have the lawful right to use under the agreements or upon the terms described
on Schedule 2.16, all of the Proprietary Rights.  The Company and its
Subsidiaries and IQ2.net will use their best efforts to possess and maintain
material Proprietary Rights which are reasonably necessary to the conduct of
their businesses and own all right, title, and interest in and to, or have a
valid license or right for, all material Proprietary Rights used in the conduct
of their businesses.  To the best of the Company's knowledge, the business
presently conducted or proposed to be conducted by the Company and its
Subsidiaries and IQ2.net does not infringe or violate any of the patents,
trademarks, service marks, trade names, copyrights, licenses, trade secrets or
other proprietary rights of any other person or entity.  Except as set forth on
Schedule 2.16, no other Person has any right to or interest in any inventions,
improvements, discoveries or other confidential information utilized by the
Company or any of its Subsidiaries or IQ2.net.  The Company and its Subsidiaries
and IQ2.net have entered into proprietary rights and invention assignment
agreements with all

                                      -8-
<PAGE>

their current respective officers and consultants. Each of the Company and its
Subsidiaries has the ability to retain, on commercially reasonable terms, any
license of intellectual property that is reasonably necessary for the conduct of
its business as presently conducted and as proposed to be conducted.

               2.17.  Material Contracts and Obligations.  Schedule 2.17 sets
                      ----------------------------------
forth a list of the following agreements or commitments of any nature to which
the Company or any of its Subsidiaries or IQ2.net is a party or by which it is
bound:  (a) any agreement relating to the Proprietary Rights, (b) all
interconnection, site listing and provider agreements, (c) all distributor and
sales representative agreements, (d) all agreements or commitments which
restrict the ability of the Company to engage in any business or line of
business in any location or require the Company to deal on exclusive basis with
any Person, (e) all agreements or commitments relating to indebtedness or
guarantees, (f) all manufacturing or supply agreements, (g) all marketing or
advertising services agreements which, in the aggregate, require future payments
of $50,000 or more, and (h) any other agreement or commitment which requires
future payments by or to the Company or any Subsidiary or IQ2.net in excess of
$50,000 or which is otherwise material to the Company and its Subsidiaries or
IQ2.net.  The Company has delivered or made available to the Purchasers copies
of all of the foregoing agreements and commitments.  All of such agreements and
commitments are valid, binding and in full force and effect, except that, with
respect to parties to such agreements and commitments other than the Company or
any Subsidiary or IQ2.net, this representation is made only to the best
knowledge of the Company.

               2.18.  Labor Matters.  Neither the Company nor any Subsidiary is
                      -------------
a party to any collective bargaining agreement nor does any labor union or
collective bargaining agent represent any of the employees of the Company and
its Subsidiaries or IQ2.net.  There is no labor strike, slow-down or stoppage
pending or, to the Company's knowledge, threatened by the employees of the
Company or any Subsidiary or IQ2.net.

               2.19.  Books and Records.  All the books, records and accounts of
                      -----------------
the Company, its Subsidiaries and IQ2.net are in all material respects true and
complete, are maintained in accordance with good business practice and all laws
applicable to its business, and accurately present and reflect in all material
respects all of the transactions therein described.  The Company has previously
delivered to the Purchasers true and complete texts of all of the minutes
relating to meetings of the stockholders, Board of Directors and committees of
the Board of Directors of the Company and its Subsidiaries since May 2, 1997.

               2.20.  Brokers.  Except for fees payable to Bowles Hollowell
                      -------
Conner (a division of First Union Capital Markets Group), the Company has not
engaged any finder, broker or investment adviser, and has no obligation to pay
any fees, in connection with the transactions contemplated hereby and by the
IQ2.net Purchase Agreement.

                                      -9-
<PAGE>

               2.21.  Holding Company Act and Investment Company Act.  Neither
                      ----------------------------------------------
the Company nor any Subsidiary is:  (i) a "public utility company" or a "holding
company," or an "affiliate" or a "subsidiary company" of a "holding company," or
an "affiliate" of such a "subsidiary company," as such terms are defined in the
Public Utility Holding Company Act of 1935, as amended, or (ii) a "public
utility," as defined in the Federal Power Act, as amended, or (iii) an
"investment company" or an "affiliated person" thereof or an "affiliated person"
of any such "affiliated person," as such terms are defined in the Investment
Company Act of 1940, as amended.

               2.22.  IQ2.net Purchase Agreement.  Each of the representations
                      --------------------------
and warranties of the Company and IntelliQuest Information Group, Inc. set forth
in the IQ2.net Purchase Agreement (together with any related schedules and
exhibits) is incorporated by reference herein as if fully set forth herein as a
representation and warranty by the Company.

               2.23.  Accuracy of Information.  None of the representations and
                      -----------------------
warranties of the Company contained herein contains any material misstatement of
fact or omits any material fact required to be stated therein or necessary to
make the statements herein and therein not misleading.  The information (other
than projections) which has been furnished in writing by the Company to the
Purchasers in connection with the transactions contemplated by this Agreement,
taken as a whole, did not, as of the date such information was furnished,
contain any material misstatement of fact, or omit any material fact required to
be stated therein or necessary to make the statements therein not misleading.
The projections listed on Schedule 2.23 (i) were prepared by management of the
Company after a careful analysis of all material data and (ii) based upon the
assumptions set forth in such projections, represent as of the date of this
Agreement the best estimate by management of the Company as to the financial
performance of the Company and its Subsidiaries for the periods indicated, but
do not represent any guarantee or assurance of future financial results.  The
Company does not believe that such projections are inaccurate or misleading in
any material respect.

               2.24.  Year 2000.
                      ---------

               (i)    (a)  Company's Products and Services.  All of the products
                           -------------------------------
and services of the Company, its Subsidiaries and IQ2.net are able to accurately
process, provide and receive date data, including but not limited to,
calculating, comparing and sequencing from, into and between the twentieth
century (through the year 1999), the year 2000 and the twenty-first century
including leap year calculations (hereinafter referred to as "Year 2000
                                                              ---------
Compliant").
---------

               (b)    Internal MIS Systems.  All of the Internal MIS Systems
                      --------------------
will be Year 2000 Compliant.

                                     -10-
<PAGE>

          (c)    Suppliers.  All material suppliers of products or services to
                 ---------
the Company, and their respective products, services and operations, will be in
all material respects Year 2000 Compliant. To the knowledge of the Company after
a reasonably diligent investigation, each such material supplier will continue
to furnish its products or services to the Company, its Subsidiaries and IQ2.net
without interruption or material delay, on and after January 1, 2000.

          (ii)   The Company has furnished the Purchasers with true, correct and
complete copies of any customer agreements and other materials and
correspondence in which Company, any Subsidiary or IQ2.net has furnished (or
could be deemed to have furnished) assurances as to the performance and
functionality of the Company, any Subsidiary or IQ2.net's products or services
on or after January 1, 2000.

          (iii)  The Company has furnished the Purchasers with a true, correct
and complete copy of any internal investigations, memoranda, budget plans,
forecasts or reports concerning the Year 2000 Compliant status of the products,
services, operations, systems, supplies and facilities of the Company, its
Subsidiaries and IQ2.net and their respective vendors.

          2.25.  Directors, Officers and Employees.  Schedule 2.25 lists all
                 ---------------------------------
current directors and officers of the Company and its Subsidiaries and all
managers and consultants of the Company and its Subsidiaries who, individually,
receive or are entitled to receive annual compensation from the Company or any
Subsidiary in excess of $125,000, showing each such person's name, position, and
annual remuneration, bonuses and fringe benefits for the current fiscal year. To
the knowledge of the Company, during the past ten years, no such director or
officer has: (i) been arrested or convicted for any crime material to an
evaluation of such person's ability or integrity, including, without limitation,
any violation of any federal or state law which currently or has previously
regulated the types of business in which the Company or any Subsidiary is
currently or has previously been engaged; (ii) filed a petition under federal
bankruptcy or any state insolvency laws; or (iii) been a director or officer of
a business entity which during their employ has filed a petition under federal
bankruptcy or any state insolvency laws, or had a receiver or similar officer
appointed by a court to administer the business or property of such entity.

          2.26.  Transactions with Related Parties.  Except for (a) transactions
                 ---------------------------------
relating to purchases of shares of the Company's Common Stock, and (b) regular
salary and bonus payments and fringe benefits under an individual's compensation
package with the Company, none of the Related Parties are a party to any
transactions with the Company. There have been no assumptions or guarantees by
the Company of any obligations of any Related Party. Except as set forth on
Schedule 2.26, no Related Party is indebted to the Company nor is the Company
indebted to any of them.

                                     -11-
<PAGE>

          3.   Representations and Warranties of each Purchaser.  Each Purchaser
               ------------------------------------------------
severally and not jointly represents and warrants as follows:

               3.1.  Organization and Qualification.  Such Purchaser is a
                     ------------------------------
corporation, partnership or limited liability company duly organized and
existing in good standing under the laws of the jurisdiction of its formation
and has the power to own its property and to carry on its business as now being
conducted.

               3.2.  Due Authorization.  Such Purchaser has all necessary right,
                     -----------------
power and authority to enter into this Agreement and to consummate the
transactions contemplated hereby.  The execution and delivery of this Agreement
and the Related Documents by such Purchaser and the consummation by such
Purchaser of the transactions contemplated hereby have been duly authorized by
all necessary action on behalf of such Purchaser.  This Agreement and the
Related Documents have been duly executed and delivered by such Purchaser and
constitute valid and binding agreements of such Purchaser enforceable in
accordance with their respective terms, except that (i) such enforcement may be
subject to bankruptcy, insolvency, reorganization, moratorium or other similar
laws now or hereafter in effect relating to creditors' rights and (ii) the
remedy of specific performance and injunctive and other forms of equitable
relief may be subject to equitable defenses and to the discretion of the court
before which any proceeding therefor may be brought.

               3.3.  Governmental Consents, etc.  Except as obtained or made,
                     ---------------------------
such Purchaser is not required to obtain any consent, approval or authorization
of, or to make any declaration or filing with, any Governmental Authority as a
condition to or in connection with the valid execution, delivery and performance
of this Agreement or the Related Documents and the valid offer, issue, sale or
delivery of the Series C Preferred Stock and Series D Preferred Stock, or the
performance by such Purchaser of its obligations in respect thereof.

               3.4.  Conflicting Agreements and Other Matters.  Neither the
                     ----------------------------------------
execution and delivery of this Agreement nor the performance by such Purchaser
of its obligations hereunder will conflict with, result in a breach of the
terms, conditions or provisions of, constitute a default under or require any
consent, approval or other action by or any notice to or filing with any court
or administrative or governmental body pursuant to, the organizational documents
of such Purchaser, or any mortgage, agreement, instrument, order, judgment,
decree, statute, law, rule or regulation to which such Purchaser or any of their
respective properties are subject.

               3.5.  Acquisition for Investment.  Such Purchaser is acquiring
                     --------------------------
the Series C Preferred Stock and/or Series D Preferred Stock being purchased by
it for its own account for the purpose of investment and not with a view to or
for sale in connection with any distribution thereof, and such Purchaser has no
present intention or plan to effect any distribution thereof. Such Purchaser
acknowledges that the shares of

                                     -12-
<PAGE>

Series C Preferred Stock and/or Series D Preferred Stock and the shares of
Common Stock issuable upon conversion thereof have not been registered under the
Securities Act and may be sold or disposed of in the absence of such
registration only pursuant to an exemption from such registration.

               3.6.  Accredited Investor.  Such Purchaser is an "accredited
                     -------------------
investor" within the meaning of Rule 501 promulgated under the Securities Act.

               3.7   Foreign Purchasers.  If such Purchaser is not a United
                     ------------------
States Person, such Purchaser hereby represents that it has satisfied itself as
to the full observance of the laws of its jurisdiction of incorporation in
connection with any invitation to subscribe for the Series C Preferred Stock
and/or Series D Preferred Stock or any use of this Agreement, including (i) the
legal requirements within its jurisdiction for the purchase of the Series C
Preferred Stock and/or Series D Preferred Stock, (ii) any foreign exchange
restrictions applicable to such purchase, (iii) any governmental or other
consents that may need to be obtained, and (iv) the income tax and other tax
consequences, if any, that may be relevant to the purchase, holding, redemption,
sale, or transfer of the Series C Preferred Stock and/or Series D Preferred
Stock.  Such Purchaser's subscription and payment for, and his continued
beneficial ownership of the Series C Preferred Stock and/or Series D Preferred
Stock, will not violate any applicable securities or other laws of its
jurisdiction of incorporation.

          4.   Certain Covenants.
               -----------------

               4.1.  Compliance with Laws. The Company and its Subsidiaries will
                     --------------------
comply in all material respects with all applicable statutes, rules, regulations
and orders of all Governmental Authorities with respect to the conduct of their
respective businesses and the ownership of their respective properties,
including, without limitation, those relating to the environment and human
health, equal employment opportunity, employee safety, privacy, foreign corrupt
practices and ERISA.

               4.2.  Limitation on Agreements.  The Company will not enter into
                     ------------------------
any agreement, or any amendment, modification, extension or supplement to any
existing agreement, which contractually prohibits the payment of dividends on
the Series C Preferred Stock and/or Series D Preferred Stock or the redemption
or repurchase of the Series C Preferred Stock and/or Series D Preferred Stock in
accordance with the New Certificate of Incorporation.

               4.3.  Preservation of Franchises and Existence.  The Company and
                     ----------------------------------------
its Subsidiaries will maintain their corporate existence, and all material
rights and franchises, in full force and effect.

               4.4.  Insurance.  The Company will, effective as of the Closing,
                     ---------
maintain with insurers believed by the Company to be responsible, insurance
coverages in

                                     -13-
<PAGE>

such amounts and of such types as are customarily carried under similar
circumstances by companies of similar size and engaged in the same or a similar
business or having similar properties similarly situated, including, without
limitation, directors' and officers' insurance and key-man life insurance
covering Charles Stryker and James Flynn and naming the Company as beneficiary,
and in any event not less than the coverage types and amounts set forth on
Schedule 4.4.

          4.5.   Payment of Taxes and Other Charges.  The Company and its
                 ----------------------------------
Subsidiaries will pay or discharge, before the same shall become delinquent, (i)
all taxes, assessments and other governmental charges or levies imposed upon it
or any of its properties or income and (ii) all claims or demands of
materialmen, mechanics, carriers, warehousemen, landlords and other like persons
which, in the case of either clause (i) or clause (ii), if unpaid, might result
in the creation of a material lien upon any of its properties, provided,
however, that the Company and its Subsidiaries shall not be required to pay or
discharge or cause to be paid or discharged any such tax, assessment, charge or
claim whose amount, applicability or validity is being contested in good faith
pursuant to appropriate proceedings.

          4.6.   ERISA and Employee Matters.  Except as otherwise required by
                 --------------------------
law, the Company and its Subsidiaries shall not incur any material liability
with respect to retiree medical or death benefits or unfunded benefits payable
after termination of employment.  All employee benefit plans and arrangements
maintained or contributed to by the Company or any Subsidiary shall be
maintained in material compliance with all applicable laws, including any
reporting requirements.  With respect to any plan maintained by or contributed
to by the Company or any Subsidiary, the Company and its Subsidiaries will not
fail to make any contribution due under the terms of such plan or as required by
law.  The Company and its Subsidiaries will not permit a pension plan to incur
an accumulated funding deficiency (as such term is defined in Section 302 of
ERISA or Section 412 of the Code), whether or not waived, cause a lien or a
security interest to attach to any asset of the Company or any Subsidiary for
the benefit of any benefit plan, or incur any material liability under Title IV
of ERISA, including withdrawal liability (other than the payment of premiums,
none of which are overdue). Neither the Company nor any Subsidiary, nor any
other Person including any fiduciary, will engage in any transaction prohibited
by Section 406 of ERISA or Section 4975 of the Code which is reasonably likely
to subject the Company or any Subsidiary, or any entity that the Company or any
Subsidiary has an obligation to indemnify, to any tax or penalty imposed under
Section 4975 of the Code or Section 502 of ERISA.  The Company and its
Subsidiaries will enter into proprietary rights and invention assignment
agreements with new officer-level employees and employees and consultants who
are involved in the design or development of Proprietary Rights of the Company
and its Subsidiaries containing terms and conditions customary in all material
respects for companies engaged in the same or similar business as the Company
and its Subsidiaries.

                                     -14-
<PAGE>

               4.7.  Financial Statements and Other Reports.
                     --------------------------------------

               Prior to a Qualified IPO or the date on which the Company becomes
a reporting company pursuant to Section 12 or Section 15(c) of the Exchange Act,
so long as a Purchaser and its Affiliates and Associates beneficially own at
least 15% of the shares of Series C Preferred Stock and/or Series D Preferred
Stock originally purchased by such Purchaser hereunder (or the Common Stock or
Non-Voting Common Stock issuable upon conversion thereof) (subject to adjustment
for stock splits, stock dividends, recapitalizations and similar transactions):

               (i)    The Company will, as soon as practicable and in any event
within 30 days after the end of each month (other than the last month of any
quarterly period) in each fiscal year, furnish to each Purchaser unaudited
consolidated statements of net income, cash flows and changes in consolidated
stockholders' equity of the Company for the period from the beginning of the
then current fiscal year to the end of such month, and a consolidated balance
sheet of the Company as of the end of such month, setting forth in each case in
comparative form figures for the corresponding month or date in the preceding
fiscal year and a comparison of such data with the Company's budget for such
month, all in reasonable detail and certified by the Chief Financial Officer of
the Company, subject to changes resulting from year-end adjustments.

               (ii)   The Company will, as soon as practicable and in any event
within 30 days after the end of each quarterly period (other than the last
quarterly period) in each fiscal year, furnish to each Purchaser unaudited
consolidated statements of net income, cash flows and changes in stockholders'
equity of the Company for the period from the beginning of the then-current
fiscal year to the end of such quarterly period, and the consolidated balance
sheet of the Company as of the end of such quarterly period, setting forth in
each case in comparative form figures for the corresponding period or date in
the preceding fiscal year and a comparison of such data with the Company's
budget for such quarter, all in reasonable detail and certified by the Chief
Financial Officer of the Company, subject to changes resulting from year-end
adjustments.

               (iii)  The Company will, as soon as practicable and in any event
within 90 days after the end of each fiscal year, furnish to each Purchaser
audited consolidated statements of net income, cash flows and changes in
stockholders' equity of the Company for such year, and a consolidated balance
sheet of the Company as of the end of such year, setting forth in each case in
comparative form the corresponding figures from the preceding fiscal year and a
comparison of such data with the Company's budget for such year, all in
reasonable detail and examined and reported on by a "Big Five" firm of
independent public accountants selected by the Company.

               (iv)  The Company will, as soon as practicable and in any event
within 30 days, furnish to each Purchaser copies of all correspondence received
by the Company from, or sent by the Company to, its external auditors.

                                     -15-
<PAGE>

               (v)    The Company will promptly furnish to each Purchaser copies
of any compliance certificates furnished to lenders or lessors of the Company
and its Subsidiaries.

               (vi)   The Company will prepare an annual capital and operating
budget for each calendar year which shall be submitted to and approved by the
Board of Directors of the Company not later than December 1 of the immediately
preceding calendar year.

               (vii)  The Company will, as soon as practicable and in any event
within 30 days of June 30 and December 31 of each year, provide Purchasers with
a management report reviewing the Company's performance with the Company's
business plan and expense budget for that period, a discussion of trends in the
Company's business and relevant industry developments, and management view
concerning the Company's outlook.

               (viii) The Company will, with reasonable promptness, furnish to
each Purchaser such other financial and other data of the Company and its
Subsidiaries as such Purchaser may reasonably request.

               4.8.   Inspection of Property.  The Company will permit
                      ----------------------
representatives of each Purchaser to visit and inspect any of the properties of
the Company and its Subsidiaries, to examine the corporate books and make copies
or extracts therefrom and to discuss the affairs, finances and accounts of the
Company and its Subsidiaries with the principal officers of the Company, all at
such reasonable times, upon reasonable notice and as reasonably often as such
Purchaser may reasonably request.

               4.9.   Lost, Stolen, Damaged and Destroyed Stock Certificates.
                      ------------------------------------------------------
Upon receipt of evidence satisfactory to the Company of the loss, theft,
destruction or mutilation of any certificate for shares of Series C Preferred
Stock and/or Series D Preferred Stock and in the case of loss, theft or
destruction, upon delivery of an indemnity or bond satisfactory to the Company
(which may be an undertaking by a Purchaser so to indemnify the Company), or, in
the case of mutilation, upon surrender and cancellation thereof, the Company
will issue a new certificate of like tenor for a number of shares of Series C
Preferred Stock and/or Series D Preferred Stock equal to the number of shares of
such stock represented by the certificate lost, stolen, destroyed or mutilated.

               4.10.  Incentive Stock Option Plan.  The Company will adopt an
                      ---------------------------
employee incentive stock option plan substantially in the form attached as
Exhibit K hereto (the "New Option Plan", and together with the Company's 1997
Stock Option Plan, the "Option Plans"). Subject to the terms and conditions of
the Option Plans, options issued pursuant to the Option Plans shall be
exercisable for up to 14,829,000 shares of the outstanding Common Stock (subject
to adjustment for stock splits, stock

                                     -16-
<PAGE>

dividends, recapitalizations and similar transactions) and, to the extent issued
under the New Option Plan, shall have exercise prices of $1.00 per share or
greater.

               4.11.  Stock Option Vesting.  All Stock (or options therefor)
                      --------------------
granted by the Company under the New Option Plan shall vest as follows, unless
otherwise agreed by the Board of Directors: 10,423,200 shares shall vest ratably
25% per year of service measured from the vesting commencement date and
2,605,800 shares shall vest upon the closing of a Qualified IPO or any merger,
consolidation, liquidation or dissolution which results in gross proceeds in
cash or marketable securities of at least $4.05 per share. The terms of each
grant shall provide that upon termination of the employment of the holder, with
or without cause, the Company or its assignee (to the extent permissible under
applicable securities laws) retains the option to repurchase at cost any vested
share held by such holder.

               4.12.  Redemption Premium.  The Company and the Purchasers
                      ------------------
acknowledge that under the regulations of the United States Department of
Treasury, the issuance of the Series C Preferred Stock and Warrants for an
aggregate, combined purchase price will result in the creation of a "redemption
premium" on the Series C Preferred Stock equal to the value of the Warrants.
After taking into account all relevant factors (including the fact that no
public market for the Common Stock currently exists, the general condition of
the financial markets at this time, the liquidation preferences of senior
securities of the Company, the exercise price for shares of Common Stock
issuable upon exercise of the Warrants, the nature of the rights provided for in
the Warrants and all other matters concerning the transactions contemplated by
this Agreement), the Company and the Purchasers agree that the aggregate
redemption premium on the Series C Preferred Stock (i.e., the aggregate value of
the Warrants) shall be $50,000. The redemption premium will be allocated pro
rata among the shares of Series C Preferred Stock. Neither the Company nor any
Purchaser will take any position for United Stated Federal income tax purposes
that is inconsistent with the provisions of this Section 4.12.

          5.   Interpretation.
               --------------

               5.1.   Definitions.
                      -----------

               "Acquisition" shall mean the acquisition of IQ2.net contemplated
                -----------
by the IQ2.net Purchase Agreement.

               "Affiliate" and "Associate" shall have the respective meanings
                ---------       ---------
ascribed to such terms in Rule 12b-2 of the General Rules and Regulations under
the Exchange Act.

               "beneficial owner" has the meaning given to such term in
                ----------------
Rule 13d-3 under the Exchange Act, and the terms "beneficially own" and
"beneficial ownership" shall have the correlative meanings.

                                     -17-
<PAGE>

               "Business Day" shall mean any day other than a Saturday, Sunday
                ----------
or a day on which banking institutions in the State of New York are authorized
or obligated by law or executive order to close.

               "Code" shall mean the Internal Revenue Code of 1986, as amended,
                ----
and the rules and regulations thereunder.

               "Commission" shall mean the Securities and Exchange Commission
                ----------
or any other federal agency then administering the Securities Act and other
federal securities laws.

               "Company" shall have the meaning specified in the first
                -------
paragraph of this Agreement.

               "Current Market Price" shall mean, in respect of any share of
                ------------------
Common Stock on any date herein specified, (a) if the shares of Common Stock are
publicly traded, the average of the daily closing prices of the Common Stock on
the principal securities exchange or market on which such shares are listed or
traded for the twenty consecutive trading days ending on such date, or (b) the
Fair Market Value per share of Common Stock as of such date.

               "ERISA" shall mean the Employee Retirement Income Security Act of
                -----
1974, as amended.

               "Exchange Act" shall mean the Securities Exchange Act of 1934, as
                ------------
amended, or any successor federal statute, and the rules and regulations of the
Commission thereunder, all as the same shall be in effect at any time.
Reference to a particular section of the Exchange Act shall include reference to
the comparable section, if any, of any such successor federal statute.

               "Fair Market Value" of the Common Stock or any other property
                -----------------
means the fair market value of such Common Stock or other property as determined
(unless expressly otherwise provided herein) by mutual agreement between the
Company and Stockholders owning a majority of the shares of Common Stock on an
as converted basis owned by the Stockholders as a group (the "Majority Holders")
                                                              ----------------
or, if the parties are unable to agree, as determined by a nationally recognized
independent investment banking firm selected by mutual agreement between the
Company and the Majority Holders.

               "Fully Diluted" shall mean, when used with reference to the
                -------------
Common Stock, at any date as of which the number of shares thereof is to be
determined, (i) all shares of Common Stock outstanding at such date and (ii) all
shares of Common Stock issuable in respect of vested options or warrants to
purchase, or securities convertible into, exercisable for or exchangeable for,
shares of Common Stock

                                     -18-
<PAGE>

outstanding on such date, the conversion, exercise or exchange price of which is
less than the Current Market Price.

               "Governmental Authority" shall mean any federal, state, local or
                ----------------------
foreign court, administrative agency, commission or other governmental or
regulatory body, agency, instrumentality or authority or any department or
subdivision thereof.

               "Internal MIS Systems" means any computer software and systems
                --------------------
(including hardware, firmware, operating system software, utilities, and
applications software) used in the ordinary course of business by or on behalf
of the Company or its Subsidiaries or IQ2.net, including payroll, accounting,
billing/receivables, inventory, asset tracking, customer service, human
resources, and e-mail systems.

               "IQ2.net" shall mean the business and assets of the IQ2.net
                -------
division of IntelliQuest Information Group, Inc. being acquired in the
Acquisition.

               "Material Adverse Effect" shall mean any event or events, taken
                -----------------------
singly or in the aggregate, (a) as a result of which the Company and its
Subsidiaries, taken as a whole, or IQ2.net would be unable (i) to continue to
operate their respective businesses in a manner consistent with the manner of
operation of such businesses as of the date of this Agreement or (ii) to
effectuate their proposed business strategies, or (b) which would have a
material adverse effect on the assets, liabilities, business, results of
operations, financial condition or prospects of the Company and its
Subsidiaries, taken as a whole, or IQ2.net.

               "Person" shall mean any individual, firm, corporation, business
                ------
trust, partnership or other entity, and shall include any successor (by merger
or otherwise) of such entity.

               "Qualified IPO" shall mean an initial public offering of Common
                -------------
Stock under the Securities Act at a minimum price per share to the public of at
least $4.05 (subject to appropriate adjustment for stock dividends, stock
splits, reclassifications and similar transactions), which is lead-underwritten
by a nationally recognized investment bank approved by the holders of a majority
of the outstanding shares of Series C Preferred Stock and Series D Preferred
Stock and yields gross underwriting proceeds of not less than $30,000,000.

               "Related Documents" shall mean the New Certificate of
                -----------------
Incorporation, the Registration Rights Agreement, the Stockholders' Agreement
and the Warrants.

               "Related Party" shall mean any officer, director or owner of
                -------------
more than 5% of the equity securities of the Company or any of its Subsidiaries,
any spouse,

                                     -19-
<PAGE>

parent, child or sibling of any such Person, and any Affiliate or Associate of
any of the foregoing Persons.

               "Securities Act" shall mean the Securities Act of 1933, as
                ------------
amended, or any successor federal statute, and the rules and regulations of the
Commission thereunder, all as the same shall be in effect at the time.

               "Subsidiary" of any Person means any corporation or other entity
                ---------
of which a majority of the voting power or the voting equity securities or
equity interests is owned, directly or indirectly, by such Person.

     6.   Miscellaneous.
          -------------

          6.1. Severability.  If any term, provision, covenant or restriction
               ------------
of this Agreement or any exhibit hereto is held by a court of competent
jurisdiction to be invalid, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions of this Agreement and such exhibits shall
remain in full force and effect and shall in no way be affected, impaired or
invalidated. It is hereby stipulated and declared to be the intention of the
parties that they would have executed the remaining terms, provisions, covenants
and restrictions without including any of such which may be hereafter declared
invalid, void or unenforceable.

          6.2. Specific Enforcement.  Each of the parties hereto acknowledges
               --------------------
and agrees that irreparable damage would occur in the event that any of the
provisions of this Agreement were not performed in accordance with their
specific terms or were otherwise breached. It is accordingly agreed that the
parties shall be entitled to injunctive or other equitable relief to prevent
breaches of the provisions of this Agreement and to enforce specifically the
terms and provisions hereof, this being in addition to any other remedy to which
they may be entitled at law or equity.

          6.3. Entire Agreement.  This Agreement (including the Schedules and
               ----------------
documents set forth in the exhibits hereto) contains the entire understanding of
the parties with respect to the transactions contemplated hereby.

          6.4. Counterparts.  This Agreement may be executed in one or more
               ------------
counterparts, all of which shall be considered one and the same agreement, and
shall become effective when one or more of the counterparts have been signed by
each party and delivered to the other parties, it being understood that all
parties need not sign the same counterpart.

          6.5. Notices and other Communications.  All notices, consents,
               --------------------------------
requests, instructions, approvals, financial statements, proxy statements,
reports and other communications provided for herein shall be given in writing
and delivered personally,

                                     -20-
<PAGE>

by telecopy (with a confirmation copy to be sent by first class mail) or sent by
nationally recognized overnight courier service, to:

                                 THE COMPANY:

                                 Naviant Technology Solutions, Inc.
                                 14 Campus Blvd., Suite 200
                                 New Town Square, PA 19073
                                 Attention: Chief Executive Officer
                                 Telecopy No. (610) 355-2428

                                 With a copy (which shall not constitute
                                 notice) to:
                                 Carmelo M. Gordian, Esq.
                                 Brobeck, Phleger & Harrison
                                 301 Congress Ave., Suite 1200
                                 Austin, TX 78701
                                 Telecopy No. (512) 477-5813

                                 PURCHASERS:

                                 GE Capital Equity Investments, Inc.
                                 120 Long Ridge Road
                                 Stamford, CT 06927
                                 Attention:  Naviant Account Manager
                                 Telecopy No. (203) 961-2088

                                     -21-
<PAGE>

                        TL Ventures III L.P.
                        TL Ventures III Interfund L.P.
                        TL Ventures IV L.P.
                        TL Ventures IV Interfund L.P.
                        c/o TL Ventures LLC
                        800 The Safeguard Building
                        435 Devon Park Drive
                        Wayne, PA 19087-1945
                        Attention: Chief Financial Officer
                        Telecopier: (610) 975-9330

                        TL Ventures III Offshore L.P.
                        c/o  Trident Trust Company (Cayman) Limited
                        P.O. Box 847
                        One Capital Place, Fourth Floor
                        Grand Cayman, Cayman Islands

                                       with a copy to:

                                       TL Ventures LLC
                                       800 The Safeguard Building
                                       435 Devon Park Drive
                                       Wayne, PA 19087-1945
                                       Attention: Chief Financial Officer
                                       Telecopier: (610) 975-9330

                        First Union Investors, Inc.
                        301 South College Street, 5/th/ Floor
                        Charlotte, NC 28288-0732
                        Attention: Ted Gardner
                        Telecopy No. (704) 374-6711

                        At Home Corporation
                        450 Broadway Street
                        Redwood City, CA 94063
                        Attention: Ken Goldman, Chief Financial Officer
                        Telecopier: (650) 556-5549

                        24/7 Media, Inc.
                        1250 Broadway
                        New York, NY 10001
                        Attention: Andy Johns, President
                        Telecopier: (212) 760-2811

                                     -22-
<PAGE>

                          BCI Growth V, LLC
                          BCI Investors, LLC
                          Glenpointe Centre West
                          Teaneck, NJ 07666
                          Attention: Lorelelt Koian, Chief Financial Office
                          Telecopier: (201) 836-6368

                          XL Ventures LLC
                          3 East 54/th/ Street, 17/th/ Floor
                          New York, NY 10022
                          Attention: Kristopher Wood, Managing Director
                          Telecopier: (212) 223-4074

                          Catterton Partners IV, L.P.
                          Catterton Partners IV Offshore, L.P.
                          9 Greenwich Office Park
                          Greenwich, CT 06830
                          Attention: Craig Sakin
                          Telecopier: (203) 629-4903

                          Citicorp
                          1 Tower Square
                          Hartford, CT 06183-2030
                          Attention: John Britt
                          Telecopier: (860) 954-3730

                                         with a copy to:
                                         Citicorp
                                         399 Park Avenue
                                         14/th/ Floor
                                         New York, NY 10043
                                         Attention: Dirk Hall
                                         Telecopier: (212) 559-0036

                          Charles Stryker
                          c/o Naviant Technology Solutions, Inc.
                          14 Campus Blvd., Suite 200
                          New Town Square, PA 19073
                          Attention: Chief Executive Officer
                          Telecopy No. (610) 355-2428

          With a copy (which shall not constitute notice) to:

                                     -23-
<PAGE>

                     Warren de Wied, Esq.
                     Fried, Frank, Harris, Shriver & Jacobson
                     One New York Plaza
                     New York, New York 10004
                     Telecopy No. (212) 859-4000

or to such other address as any party may, from time to time, designate in a
written notice given in a like manner.

               6.6. Amendments.  The Company may take any action herein
                    ----------
prohibited, or omit to perform any act required to be performed by it
(including, without limitation, under Article 4 of this Agreement), if the
Company shall obtain the written consent or waiver of the registered holders of
not less than two-thirds of the outstanding shares of Series C Preferred Stock
and Series D Preferred Stock.  Any amendment to this Agreement shall require the
written consent of (i) the registered holders of not less than two-thirds of the
outstanding shares of Series C Preferred Stock and Series D Preferred Stock and
(ii) the Company.

               6.7. Cooperation.  Each of the parties hereto agrees to take, or
                    -----------
cause to be taken, all such further or other actions as shall reasonably be
necessary to make effective and consummate the transactions contemplated by this
Agreement.

               6.8. Heirs, Successors and Assigns.  Except as expressly provided
                    -----------------------------
otherwise in this Agreement, all covenants and agreements contained herein shall
bind and inure to the benefit of the parties hereto, their respective heirs,
successors and assigns, and to any transferee of any Series C Preferred Stock
and/or Series D Preferred Stock.  There are no other intended third-party
beneficiaries to this Agreement.

               6.9. Expenses and Remedies.  (a)  The Company agrees to pay or
                    ---------------------
reimburse the Purchasers for (i) all reasonable legal counsel, accounting,
environmental consulting and other out-of-pocket fees and expenses incurred by
or on behalf of any Purchaser in connection with due diligence relating to, and
the preparation, negotiation and execution of, this Agreement and the Related
Documents and the consummation of all transactions contemplated hereby and
thereby, (ii) all costs, expenses and reasonable legal fees relating to any
future amendments or supplements to this Agreement or any Related Document or
the Series C Preferred Stock and/or Series D Preferred Stock (or any proposal by
the Company for such amendment or supplement) whether or not consummated or any
waiver or consent with respect thereto (or any proposal for such waiver or
consent) whether or not consummated and (iii) all costs, expenses and reasonable
legal fees of Purchasers relating to the enforcement against the Company of this
Agreement or the Related Documents.

                    (b)  The Company agrees to indemnify and save harmless each
Purchaser and its officers, directors, partners, employees, trustees and agents,
and

                                     -24-
<PAGE>

each person who controls such Purchaser within the meaning of the Securities
Act or the Exchange Act, from and against any and all costs, expenses
(including, without limitation, reaso nable attorneys' fees, whether incurred in
connection with a claim against the Company or a third party claim), damages or
other liabilities (collectively, "Losses") resulting from any breach of any
                                  ------
representation, warranty, covenant or agreement set forth in this Agreement or
any Related Document by the Company or any legal, administrative or other
proceedings brought by any third party arising out of the transactions
contemplated hereby and thereby (other than Losses resulting, directly or
indirectly, (i) from the breach by such Purchaser of any of its agreements
contained in this Agreement or any Related Document or (ii) from the gross
negligence or willful misconduct of such Purchaser or any of its respective
officers, directors, partners, employees or agents, or any person who controls
such Purchaser within the meaning of the Securities Act or the Exchange Act);
provided, however, that, if and to the extent that such indemnification is
--------  -------
unenforceable for any reason, the Company shall make the maximum contribution to
the payment and satisfaction of such indemnified liability which shall be
permissible under applicable laws.

               (c)  Each party entitled to indemnification under this Section
6.9 (each, an "indemnified party") will, promptly after the receipt of notice of
               -----------------
the commencement of any action against such indemnified party in respect of
which indemnity may be sought from a party (each, an "indemnifying party") on
                                                      ------------------
account of an indemnity agreement contained in this Section 6.9, notify the
indemnifying party in writing of the commencement thereof. The omission of any
indemnified party so to notify the indemnifying party of any such action shall
not relieve the indemnifying party from any liability which the indemnifying
party may have to such indemnified party except to the extent the indemnifying
party shall have been materially prejudiced by the omission of such indemnified
party so to notify the indemnifying party pursuant to this Section 6.9. In case
any such action shall be brought against any indemnified party and it shall
notify the indemnifying party of the commencement thereof, the indemnifying
party shall be entitled to participate therein and, to the extent that the
indemnifying party may wish, to assume the defense thereof, with counsel
reasonably satisfactory to such indemnified party, and after notice from the
indemnifying party to such indemnified party of its election so to assume the
defense thereof, the indemnifying party will not be liable to such indemnified
party under this Section 6.9 for any legal or other expense subsequently
incurred by such indemnified party in connection with the defense thereof nor
for any settlement thereof entered into without the consent of the indemnifying
party; provided, however, that (i) if the indemnifying party shall elect
       --------  -------
not to assume the defense of such claim or action or (ii) if the indemnified
party reasonably determines (x) that there may be a conflict between the
positions of the indemnifying party and of the indemnified party in defending
such claim or action or (y) that there may be legal defenses available to such
indemnified party different from or in addition to those available to the
indemnifying party, then separate counsel for the indemnified party shall be
entitled to participate in and conduct the defense, in the case of (i) and
(ii)(x), or such different

                                     -25-
<PAGE>

defenses, in the case of (ii)(y), and the indemnifying party shall be liable for
any reasonable legal or other expenses incurred by the indemnified party in
connection with the defense; provided that the Company shall not be obligated to
pay the reasonable legal expenses of more than one firm of counsel for all
indemnified parties in connection with any matter in respect of which indemnity
is sought hereunder, except to the extent any indemnified party or parties
reasonably shall have concluded that there may be a conflict of interest between
any indemnified parties or legal defenses available to such party or parties
which are not available to the other indemnified parties or to the extent
representation of all indemnified parties by the same counsel is otherwise
inappropriate under applicable standards of professional conduct.

               6.10. Survival of Representations and Warranties.  All
                     ------------------------------------------
representations and warranties contained herein or made in writing by any party
in connection herewith shall survive the execution and delivery of this
Agreement and the issuance and delivery of the shares of Series C Preferred
Stock and Series D Preferred Stock.

               6.11. Transfer of Securities.  (a)  Each Purchaser understands
                     ----------------------
and agrees that the shares of Series C Preferred Stock and Series D Preferred
Stock (and the shares of Common Stock issuable upon conversion thereof) have not
been registered under the Securities Act or the securities laws of any state and
that they may be sold or otherwise disposed of only in one or more transactions
registered under the Securities Act and, where applicable, such laws or
transactions as to which an exemption from the registration requirements of the
Securities Act and, where applicable, such laws are available. Each Purchaser
acknowledges that, except as provided in the Registration Rights Agreement, such
Purchaser has no right to require the Company to register any of such shares.
Each Purchaser understands and agrees that each certificate representing any of
its shares shall bear the following legends:

                    "THE TRANSFER OF THE SECURITIES REPRESENTED BY
               THIS CERTIFICATE IS RESTRICTED BY A PREFERRED STOCK
               PURCHASE AGREEMENT DATED AS OF SEPTEMBER 13, 1999, A
               COPY OF WHICH IS ON FILE AT THE OFFICES OF THE
               CORPORATION."

                    "THE SECURITIES REPRESENTED BY THIS CERTIFICATE
               HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
               1933 OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE
               SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN
               EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND
               APPLICABLE STATE

                              -26-
<PAGE>

               SECURITIES LAWS OR AN APPLICABLE
               EXEMPTION TO THE REGISTRATION REQUIREMENTS OF SUCH ACT
               OR SUCH LAWS AS CONFIRMED BY AN OPINION IN FORM AND
               FROM COUNSEL ACCEPTABLE TO THE CORPORATION."

               6.12.  GOVERNING LAW; CONSENT TO JURISDICTION.  THIS AGREEMENT
                      --------------------------------------
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK WITHOUT GIVING EFFECT TO THE PRINCIPLES OF CONFLICTS OF LAW. EACH OF
THE PARTIES HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENTS TO SUBMIT TO
THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK AND OF THE
UNITED STATES OF AMERICA, IN EACH CASE LOCATED IN THE STATE OF NEW YORK, FOR ANY
ACTION, PROCEEDING OR INVESTIGATION IN ANY COURT OR BEFORE ANY GOVERNMENTAL
AUTHORITY ("LITIGATION") ARISING OUT OF OR RELATING TO THIS AGREEMENT AND THE
            ----------
TRANSACTIONS CONTEMPLATED HEREBY (AND AGREES NOT TO COMMENCE ANY LITIGATION
RELATING THERETO EXCEPT IN SUCH COURTS), AND FURTHER AGREES THAT SERVICE OF ANY
PROCESS, SUMMONS, NOTICE OR DOCUMENT BY U.S. REGISTERED MAIL TO ITS RESPECTIVE
ADDRESS SET FORTH IN THIS AGREEMENT SHALL BE EFFECTIVE SERVICE OF PROCESS FOR
ANY LITIGATION BROUGHT AGAINST IT IN ANY SUCH COURT. EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY OBJECTION TO THE LAYING OF
VENUE OF ANY LITIGATION ARISING OUT OF THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY IN THE COURTS OF THE STATE OF NEW YORK OR THE UNITED STATES
OF AMERICA, IN EACH CASE LOCATED IN THE STATE OF NEW YORK, AND HEREBY FURTHER
IRREVOCABLY AND UNCONDITIONALLY WAIVES AND AGREES NOT TO PLEAD OR CLAIM IN ANY
SUCH COURT THAT ANY SUCH LITIGATION BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT
IN AN INCONVENIENT FORUM. EACH OF THE PARTIES IRREVOCABLY AND UNCONDITIONALLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHTS TO
TRIAL BY JURY IN CONNECTION WITH ANY LITIGATION ARISING OUT OF OR RELATING TO
THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

               6.13.  Term.  Except as otherwise provided in this Agreement,
                      ----
this Agreement shall terminate when none of the shares of Series C Preferred
Stock and Series D Preferred Stock remains outstanding, except that Section 6.9
shall survive the termination of this Agreement.

                                     -27-
<PAGE>

               6.14.  Publicity.  Each of the parties hereto agrees that it will
                      ---------
make no statement regarding the transactions contemplated hereby which is
inconsistent with any press release agreed to by the parties hereto.  In
addition, the Company will not,

               (Remainder of page intentionally left blank)

                                     -28-
<PAGE>

without the prior written consent of the relevant Purchaser, refer to such
Purchaser or any trademark or trade name of such Purchaser or any of its
affiliates in any corporate, marketing or promotional material or otherwise
identify any Purchaser as an investor in or business associate of the Company.
Notwithstanding the foregoing, each of the parties hereto may, in documents
required to be filed by it with any regulatory body, make such statements with
respect to the transactions contemplated hereby as each may be advised is
legally necessary upon advice of its counsel.

          IN WITNESS WHEREOF, each of the parties hereto has caused this
Agreement to be executed on its behalf as of the date first above written.

                                   NAVIANT TECHNOLOGY SOLUTIONS, INC.

                                   By: ________________________________
                                       Name:
                                       Title:

                                   TL VENTURES III L.P.

                                   By: TL Ventures III Management L.P.,
                                       its general partner

                                   By: TL Ventures III LLC,
                                       its general partner

                                   By: ________________________________
                                       Name:
                                       Title:

                                     -29-
<PAGE>

                             TL VENTURES III OFFSHORE L.P.

                             By:  TL Ventures III Offshore Partners L.P.,
                                  its general partner

                             By:  TL Ventures III Offshore Ltd.,
                                  its general partner

                             By:  _______________________________________
                                  Name:
                                  Title:

                             TL VENTURES III INTERFUND L.P.

                             By:  TL Ventures III LLC,
                                  its general partner

                             By:  _______________________________________
                                  Name:
                                  Title:

                             TL VENTURES IV L.P.

                             By:  TL Ventures IV Management L.P.,
                                  its general partner

                             By:  TL Ventures IV LLC,
                                  its general partner

                             By:  _______________________________________
                                  Name:
                                  Title:

                                     -30-
<PAGE>

                             TL VENTURES IV INTERFUND L.P.

                             By:  TL Ventures IV LLC,
                                  its general partner

                             By:  _______________________________________
                                  Name:
                                  Title:

                             GE CAPITAL EQUITY INVESTMENTS, INC.

                             By:  _______________________________________
                                  Name: George Hashbarger
                                  Title: Senior Vice President

                             FIRST UNION INVESTORS, INC.

                             By:  _______________________________________
                                  Name:
                                  Title:

                             AT HOME CORPORATION

                             By:  _______________________________________
                                  Name: Chris Caren
                                  Title:

                             24/7 MEDIA, INC.

                             By:  _______________________________________
                                  Name:
                                  Title:

                                     -31-
<PAGE>

                             BCI GROWTH V, LLC

                             By:  Glenpointe Associates, V LLC,
                                  General Partner

                             By:  _______________________________________
                                  Name: Mark E. Hastings
                                  Title: Managing Member

                             BCI INVESTORS, LLC

                             By:  _______________________________________
                                  Name: Mark E. Hastings
                                  Title: Managing Member

                             CATTERTON PARTNERS IV, L.P.
                             CATTERTON PARTNERS IV OFFSHORE, L.P.

                             By:  Catterton Managing Partner IV, L.L.C.,
                                  their General Partner

                             By:  _______________________________________
                                  Name:
                                  Title:

                             CITICORP

                             By:  _______________________________________
                                  Name:
                                  Title:

                             ____________________________________________
                              Charles Stryker

                                     -32-
<PAGE>

                             XL VENTURES LLC

                             By:  XL Ventures (Delaware), Inc.,
                                  its Managing Member

                             By:  _______________________________________
                                  Name: Mark A. Angelson
                                  Title: Deputy Chairman

                                     -33-
<PAGE>

SCHEDULES
---------

Schedule 1.1         Purchase and Sale of Series C Preferred Stock and Series D
                     Preferred Stock

Schedule 2.3         Subsidiaries

Schedule 2.4         Financial Statements

Schedule 2.7         Capitalization

Schedule 2.11        Encumbrances on Properties; Insurance Policies

Schedule 2.14        Employee Benefits

Schedule 2.16        Proprietary Rights

Schedule 2.17        Material Contracts and Obligations

Schedule 2.23        Projections

Schedule 2.25        Directors, Officers and Employees

Schedule 2.26        Related Parties

Schedule 4.4         Insurance Requirements

                                     -34-<PAGE>

                                                                   EXHIBIT 10.29

                           ASSET PURCHASE AGREEMENT

                                    between

             NAVIANT TECHNOLOGY SOLUTIONS, INC. (the "Purchaser")

                                      and

              INTELLIQUEST INFORMATION GROUP, INC. (the "Seller")

                              As of July 22, 1999
<PAGE>

                               TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                 Page
                                                                                 ----
<S>                                                                              <C>
ARTICLE I TRANSFER OF ASSETS AND LIABILITIES...................................     1
     1.1    Transfer of Assets.................................................     1
     1.2    Excluded Assets....................................................     4
     1.3    Assumption of Liabilities..........................................     4
     1.4    Excluded Liabilities...............................................     4

ARTICLE II CONSIDERATION.......................................................     5
     2.1    Purchase Price.....................................................     5
     2.2    Purchase Price Adjustments.........................................     5
     2.3    Allocation of Purchase Price.......................................     7

ARTICLE III THE CLOSING........................................................     7

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF SELLER............................     8
     4.1    Corporate Organization.............................................     8
     4.2    Authority..........................................................     8
     4.3    No Violations; No Consents or Approvals Required...................     8
     4.4    Capital Structure..................................................     9
     4.5    Financial Statements...............................................     9
     4.6    Undisclosed Liabilities............................................    10
     4.7    Title to Property and Assets.......................................    10
     4.8    Absence of Change; Payments and Obligations to Date of Agreement...    11
     4.9    Intellectual Property Rights.......................................    12
     4.10   Contracts..........................................................    14
     4.11   Litigation.........................................................    15
     4.12   Taxes..............................................................    15
     4.13   Compliance with Applicable Law.....................................    17
     4.14   Labor Relations and Employment; No Collective Bargaining...........    17
     4.15   Brokers and Finders................................................    17
     4.16   Powers of Attorney.................................................    18
     4.17   Employee Benefit Plans.............................................    18
     4.18   Subsidiaries.......................................................    18
     4.19   Directors and Officers.............................................    18
     4.20   Accounts Receivable................................................    19
     4.21   Environmental Matters..............................................    19
     4.22   Asset Maintenance; Insurance; Sufficiency..........................    19
     4.23   Disclosure.........................................................    19
     4.24   Disclaimer of Other Representations and Warranties.................    19

ARTICLE V REPRESENTATIONS AND WARRANTIES OF PURCHASER..........................    20
     5.1    Corporate Organization.............................................    20
</TABLE>

                                       i
<PAGE>

<TABLE>
<S>                                                                                <C>
     5.2    Authority..........................................................    20
     5.3    No Violations: No Consents or Approvals Required...................    20
     5.4    Brokers and Finders................................................    21
     5.5    Disclosure.........................................................    21
     5.6    Financing..........................................................    21
     5.7    Investment.........................................................    21
     5.8    No Litigation......................................................    22

ARTICLE VI COVENANTS...........................................................    22
     6.1    Conduct of the Purchased Business Pending the Closing..............    22
     6.2    No Solicitation....................................................    23
     6.3    Delivery of Balance Sheet and Additional Payment Amount............    24
     6.4    Access to Information; Continued Assistance........................    24
     6.5    Commercially Reasonable Efforts....................................    26
     6.6    Public Announcements...............................................    26
     6.7    Competition; Non-solicitation......................................    26
     6.8    Collection of Accounts.............................................    27
     6.9    Offers of Employment...............................................    28
     6.10   Seller 401(k) Plan.................................................    28
     6.11   Vacation...........................................................    28
     6.12   QMS Contract.......................................................    28
     6.13   Accelerated Vesting of Employee Options............................    29
     6.14   Assumed Liabilities; Excluded Liabilities..........................    29
     6.15   Transition Services................................................    29

ARTICLE VII CONDITIONS TO CLOSING..............................................    29
     7.1    General Conditions.................................................    29
     7.2    Conditions to Obligations of Seller................................    30
     7.3    Conditions to Obligations of Purchaser.............................    31

ARTICLE VIII SURVIVAL OF REPRESENTATIONS.......................................    33

ARTICLE IX TERMINATION; AMENDMENT; WAIVER......................................    34
     9.1    Termination........................................................    34
     9.2    Effect of Termination..............................................    35
     9.3    Termination Fee....................................................    35
     9.4    Assignment.........................................................    35
     9.5    Waiver.............................................................    36
     9.6    Time of the Essence................................................    36

ARTICLE X MISCELLANEOUS........................................................    36
     10.1   Confidentiality....................................................    36
     10.2   [Reserved].........................................................    36
     10.3   Title, Possession and Risk of Loss.................................    36
     10.4   Entire Agreement; Amendments.......................................    37
     10.5   Power of Attorney..................................................    37
     10.6   Certain Tax Matters................................................    37
</TABLE>

                                      ii
<PAGE>

<TABLE>
     <S>                                                                           <C>
     10.7   Further Assurances.................................................    39
     10.8   Notices............................................................    39
     10.9   Expenses...........................................................    40
     10.10  Dispute Resolution.................................................    40
     10.11  Severability.......................................................    42
     10.12  Governing Law......................................................    42
     10.13  Bulk Sales Laws....................................................    42
     10.14  Counterparts.......................................................    42
     10.15  Headings; Interpretation; Disclosure Schedule......................    42
     10.16  Consent to Jurisdiction............................................    43
     10.17  Waiver of Jury Trial...............................................    43
     10.18  Indemnification....................................................    44
</TABLE>

                                      iii
<PAGE>

DISCLOSURE SCHEDULES

Schedule 1.1            Permitted Encumbrances

Schedule 1.1(a)(i)      Intellectual Property

Schedule 1.1(a)(ii)     Leases, Licenses and other Agreements

Schedule 1.1(a)(iii)    Contracts

Schedule 1.1(a)(iv)     Tangible Personal Property

Schedule 1.1(a)(v)      Common Stock

Schedule 1.1(a)(i)(ix)  Governmental or Regulatory Operating Authorities

Schedule 2.2            Final Balance Sheet Preparation Procedures

Schedule 4.1            Organization, Good Standing and Qualification

Schedule 4.3            Violations, Consents, Approvals

Schedule 4.6            Undisclosed Liabilities

Schedule 4.7            Assets and Properties of IQ2.net

Schedule 4.8            Changes in Operations, etc.

Schedule 4.10(a)        Other Contracts

Schedule 4.12           Tax Returns

Schedule 4.17           Employee Benefit Plans

Schedule 4.19           List of Officers and Directors

Schedule 6.9            Employees to Receive Offers

                                      iv
<PAGE>

EXHIBITS

Exhibit A      Assignment and Bill of Sale

Exhibit B      Intellectual Property Assignment

Exhibit C      Escrow Agreement

Exhibit D-1    Officer's Certificate of Purchaser

Exhibit D-2    Officer's Certificate of Seller

Exhibit E      Form of Employment Agreement

Exhibit F      [Reserved]

Exhibit G      [Reserved]

Exhibit H      Allocation of Purchase Price

Exhibit I      Assumption Agreement

Exhibit J      [Reserved]

Exhibit K      License Agreement

Exhibit L      Cooperation Agreement

                                       v
<PAGE>

                           ASSET PURCHASE AGREEMENT

     ASSET PURCHASE AGREEMENT, dated as of July 22, 1999 (the "Agreement"),
                                                               ---------
between IntelliQuest Information Group, Inc., a Delaware corporation ("Seller"),
                                                                       ------
and Naviant Technology Solutions, Inc., a Delaware corporation ("Purchaser").
                                                                 ---------

                                 INTRODUCTION

     WHEREAS, Seller, through its database division (which has operated under
the names IntelliQuest Communications, Inc., IQ2.net, Marketing Information
Solutions and MkIS), is in the business of (a) providing electronic consumer
registration services for computer software and hardware vendors and (b)
licensing data from various proprietary databases compiled from its electronic
consumer registration services and commercially available demographic data
licensed from third parties for use and resale (such business hereinafter
referred to as the "Purchased Business").
                    ------------------

     WHEREAS, Seller owns all of the issued and outstanding capital stock of
IQ2.net, Inc., a Delaware corporation ("IQ2.net"); and
                                        -------

     WHEREAS, the assets which comprise the Purchased Business are held by
Seller and  IQ2.net; and

     WHEREAS, the parties hereto desire that (a) Seller transfer, convey and
assign to Purchaser all of the capital stock of IQ2.net and substantially all of
the other assets, properties and rights of Seller primarily related to the
Purchased Business as a going concern and (b) Purchaser purchase and acquire the
same, subject to the payment of the Purchase Price and the assumption by
Purchaser of the liabilities and obligations of Seller relating primarily to the
Purchased Business, in each case, upon the terms and subject to the conditions
hereinafter set forth.

     NOW, THEREFORE, in consideration of the foregoing, and for and in
consideration of the mutual promises contained in this Agreement and for such
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

                                   ARTICLE I
                                   ---------

                      TRANSFER OF ASSETS AND LIABILITIES
                      ----------------------------------

     1.1  Transfer of Assets.
          ------------------

          (a)  Upon the terms and subject to the conditions of this Agreement,
at the Closing (as defined in Article III), Seller shall sell, transfer, convey,
assign and deliver to Purchaser, and Purchaser shall acquire from Seller, for
the consideration hereinafter described, all of Seller's right, title and
interest in and to all assets, properties and rights of every kind, nature and
description, real, personal or mixed, tangible or intangible, known or unknown,
<PAGE>

wherever located which are primarily related to or primarily used in the
Purchased Business, other than the "Excluded Assets" (as defined in Section 1.2
below), as the same shall exist on the Closing Date (as defined in Article III)
(the "Transferred Assets"), free and clear of any mortgage, security, interest,
      ------------------
pledge, lien, conditional sale agreement, charge or other encumbrance (each, an
"Encumbrance") other than any Encumbrance identified in Schedule 1.1(a) of the
 -----------                                            ---------------
disclosure schedules attached hereto (the "Disclosure Schedules") (the
                                           --------------------
"Permitted Encumbrances"), including without limitation, all of Seller's right,
 ----------------------
title and interest in the following:

          (i)   all know-how, show-how, trade secrets, works of authorship,
ideas, procedures, processes, systems, methods, concepts, principles,
discoveries, inventions, art, machines, manufactures, compositions of matter,
materials, improvements, formulas, patterns, devices, compilations, information,
lists (including but not limited to customer and supplier lists), articles,
codes, matters, programs, techniques, apparatus, algorithms, designs, circuitry,
hardware, firmware, software (computer software programs and applications, in
both source code and object code form) except the Reply Quest software developed
by Seller, net lists, schematics, diagrams, technology, inventory, products,
networks, data, plans (including but not limited to financial, business,
marketing, technical and product plans), libraries, media, pictorial works,
graphic works, audiovisual works, computer interfaces (including but not limited
to programming interfaces), computer languages, computer protocols, development
tools, and tangible or intangible proprietary rights or information or material,
irrespective of whether patentable, that are used or are intended to be used
primarily in the Purchased Business as currently conducted, including but not
limited to those set forth in Schedule 1.1(a)(i) of the Disclosure Schedules
                              ------------------
(collectively, the "Intellectual Property"), and all patents, trademarks, trade
                    ---------------------
names, service marks, copyrights (including but not limited to moral rights),
and any applications therefor, and trade secrets and other proprietary rights
("Intellectual Property Rights") related to the Intellectual Property.  Without
  ----------------------------
limiting the generality of the foregoing, Intellectual Property shall include
all of the foregoing with respect to (a) all versions and releases of the High
Tech Household Database (HTHHD) as used in the Purchased Business and all
Intellectual Property primarily related to or used primarily in connection with
the HTHHD in the Purchased Business except the Reply Quest software developed by
Seller; and (b) the names "IQ2.net", "Marketing Information Solutions", "MkIS",
and variations thereof and all other trade names relating primarily to or used
primarily in the Purchased Business;

          (ii)  all leases (including leases for real property), licenses,
purchase orders, sales orders, commitments and other agreements (including non-
competition agreements and invention assignment agreements and nondisclosure
agreements) of Seller relating primarily to the Purchased Business, including,
without limitation, those set forth in Schedule 1.1(a)(ii) of the Disclosure
                                       -------------------
Schedules;

          (iii) all contracts set forth on Schedule 1.1(a)(iii) of the
                                           --------------------
Disclosure Schedules, including without limitation and subject to any required
consents, all contracts between Seller and First Data Solutions, Inc.
(collectively, the "Contracts").
                    ---------

          (iv)  all personal property, machinery, equipment, vehicles,
furniture, fixtures, office equipment and supplies, brochures, catalogs,
artwork, photographs, advertising and marketing material and other items of
tangible personal property related to or used primarily

                                       2
<PAGE>

in the operation of the Purchased Business, and all warranties relating thereto,
including, without limitation, the tangible personal property identified in
Schedule 1.1(a)(iv) of the Disclosure Schedules;
-------------------

          (v)    all shares of the IQ2.net Common Stock (as defined in Section
4.4 hereof) and other securities of IQ2.net owned by Seller and identified in
Schedule 1.1 (a)(v) of the Disclosure Schedules;
-------------------

          (vi)   all accounts and notes receivable arising from the operation of
the Purchased Business and all income (including payments in respect of
receivables received by Seller after the Closing), royalties, damages and
payments due or received at Closing or thereafter under any Contract or
otherwise primarily with respect to the Purchased Business (including, without
limitation, rights to damages and payments for past, present or future
infringements or misappropriations of any Intellectual Property) in all
countries;

          (vii)  all cash, bank deposits and cash equivalents relating primarily
to the Purchased Business, including for this purpose, all cash and cash
equivalents credited to Seller's bank accounts in the ordinary course of
business consistent with past business practices relating primarily to the
Purchased Business prior to the Closing Date and all cash in transit from banks
or credit card companies for purchases of the Transferred Assets shipped prior
to the Closing Date;

          (viii) all causes of action, demands, judgments, claims (including
insurance claims), indemnity rights, rights to set-off against third parties or
other similar rights of Seller relating primarily to Purchased Business ;

          (ix)   all franchises, consents, licenses, marketing rights, permits,
authorizations, approvals and other operating authorities, to the extent
transferable, issued by governmental or regulatory bodies to Seller relating
primarily to or used primarily in the Purchased Business, including, without
limitation, those set forth in Schedule 1.1(a)(i)(ix) of the Disclosure
                               ----------------------
Schedules;

          (x)    all records, files and invoices, including but not limited to,
all production data, equipment maintenance data, employee files, inventory
records, sales and sales promotional data, advertising and marketing materials,
customer lists, cost and pricing information, supplier lists, Intellectual
Property prosecution files, business plans, reference catalogs and any other
records and data, or exact duplicates thereof, used primarily in connection with
the Purchased Business and the Transferred Assets and located at any of the
offices of, or other location used by, Seller or IQ2.net;

          (xi)   all rights under express or implied warranties from suppliers
with respect to the Purchased Business or the Transferred Assets except to the
extent related primarily to Excluded Assets (as defined in Section 1.2 hereof);
and

          (xii)  all goodwill associated with the Purchased Business as a going
concern together with the right to represent to third parties that Purchaser is
the successor to the Purchased Business.

                                       3
<PAGE>

     1.2  Excluded Assets.
          ---------------

          Notwithstanding the provisions of Section 1.1 above, the Transferred
Assets do not include, and Seller does not hereby convey or transfer to
Purchaser any asset not described in Section 1.1, including, without limitation,
the following assets (collectively, the "Excluded Assets"):
                                         ---------------

          (a)  all of Seller's right title and interest in and to all assets,
properties and rights of every kind, nature and description, real personal or
mixed, tangible or intangible, known or unknown, wherever located which are not
primarily related to or used primarily in the Purchased Business;

          (b)  the consideration delivered by Purchaser to the Seller pursuant
to this Agreement and all rights of Seller under this Agreement;

          (c)  any books, records or other information related solely and
exclusively to the Excluded Assets or the Excluded Liabilities (as defined in
Section 1.4 hereof).

          (d)  any accounts receivable, notes or other receivables owed to
Seller or IQ2.net by any officer, director, employee or affiliate of Seller or
IQ2.net;

          (e)  any personal property, machinery, equipment, vehicles, furniture,
fixtures, office equipment and supplies, brochures, catalogs, artwork,
photographs, advertising and marketing material and other items of tangible
property related to or used primarily in the operation of the Purchased
Business, and all warranties relating thereto, which is located at Seller's
facility in Austin, Texas as of the date hereof; and

          (f)  all tax and accounting records and books of account of Seller.

     1.3  Assumption of Liabilities.
          -------------------------

          (a)  Upon the terms and subject to the conditions of this Agreement,
at the Closing, Purchaser shall, pursuant to an Assumption Agreement
substantially in the form attached hereto as Exhibit I (the "Assumption
                                                             ----------
Agreement"), assume the liabilities and obligations (and only the liabilities
---------
and obligations) of Seller primarily related to the Purchased Business (the
"Assumed Liabilities"); provided, however, that Purchaser shall not assume or
 -------------------
otherwise be responsible for (a) any costs or expenses incurred by Seller or
I2Q.net in the preparation of this Agreement and the consummation of the sale of
the Purchased Business to Purchaser provided for in this Agreement, including,
without limitation, the costs and expenses required to be borne by Seller
pursuant to Section 4.15 and Section 10.9 hereof or (b) any liabilities or
obligations of Seller under any severance plans or arrangements with Ed Frazier
and Francis Webster.

     1.4  Excluded Liabilities.
          --------------------

          Except as specified in Section 1.3, Purchaser shall not, by the
execution, delivery and performance of this Agreement or the Assumption
Agreement, or otherwise, assume or

                                       4
<PAGE>

otherwise be responsible for any liability or obligation of any nature of
Seller, or claims of such liability or obligation, matured or unmatured,
liquidated or unliquidated, fixed or contingent, known or unknown, whether
arising out of acts or occurrences prior to, at or after the date hereof (the
"Excluded Liabilities").
 --------------------

                                  ARTICLE II
                                  ----------

                                 CONSIDERATION
                                 -------------

     2.1  Purchase Price.
          --------------

          Upon the terms and subject to the conditions of this Agreement, in
full payment for the aforesaid sale, conveyance, assignment, transfer and
delivery of the Purchased Business and the Transferred Assets, Purchaser shall
assume the Assumed Liabilities pursuant to the Assumption Agreement and shall
deliver or cause to be delivered to Seller the aggregate amount of $46,500,000
to be paid as follows (collectively, the "Purchase Price"):
                                          --------------

               (i)  immediately available funds (cash equivalent) in the amount
of $44,500,000 shall be paid to the Seller at the Closing; and

               (ii) immediately available funds (cash equivalent) in the amount
of $2,000,000 (the "Balance Sheet Adjustment Escrow Amount") shall be delivered
                    --------------------------------------
to and held in escrow by an escrow agent appointed by Purchaser (the "Escrow
                                                                      ------
Agent") pursuant to an Escrow Agreement in substantially the form attached
hereto as Exhibit C (the "Escrow Agreement") and released to Seller or
          ---------       ----------------
Purchaser, as applicable, pursuant to Section 2.2 hereof upon the determination
of the "Net Asset Value" and "Adjustment Amount," if any, pursuant to Section
2.2 hereof.

     2.2  Purchase Price Adjustments.
          --------------------------

          (a)  As used herein, the term "Net Asset Value" shall mean the book
                                         ---------------
value of the Transferred Assets included in the Final Balance Sheet less the
book value of the Assumed Liabilities included in the Final Balance Sheet,
determined in accordance with this Section 2.2.

          (b)  Seller shall deliver to Purchaser the Final Balance Sheet in
accordance with Section 6.3 of this Agreement setting forth in reasonable detail
the book value of each Transferred Asset and Assumed Liability, including
without limitation and separately identifying the assets, liabilities and
stockholder's equity of IQ2.net, and showing the Net Asset Value of the
Purchased Business as of the Closing Date.  Such Final Balance Sheet shall be
prepared by Seller's personnel in a manner consistent with the preparation of
the Financial Statements (as defined in Section 4.5) and utilizing the rules and
procedures outlined in Schedule 2.2 of the Disclosure Schedules and such other
                       ------------
procedures as shall be mutually agreeable to Purchaser and Seller.  Without
limiting the generality of the foregoing, any account receivable, note or other
receivable owed to IQ2.net by an officer, director, employee or affiliate of
Seller or IQ2.net shall not be assigned any value on the Final Balance Sheet.
Prior to or upon completion of such Final Balance Sheet, Purchaser and the
Philadelphia, Pennsylvania branch of PricewaterhouseCoopers

                                       5
<PAGE>

LLP ("PwC PA") shall be provided with the working papers used by Seller to
      -------
complete such Final Balance Sheet. The Austin, Texas branch of
PricewaterhouseCoopers LLP ("PwC Austin") will perform agreed upon procedures on
                             ----------
the Final Balance Sheet prepared by the Seller. Such procedures will be mutually
agreed upon by the Purchaser and the Seller. Upon completion of such procedures,
Purchaser and PwC PA will be given access to the workpapers prepared by PwC
Austin in performance of the agreed upon procedures. Purchaser shall have a
period of ten days after access to workpapers prepared by the Seller in
preparation of such Final Balance Sheet and workpapers prepared by PwC Austin in
performance of the agreed upon procedures to review and accept or dispute such
Final Balance Sheet in accordance with this Section 2.2.

          (c)  In the event the Final Balance Sheet reflects a Net Asset Value
of the Purchased Business of less than $11,500,000, then Purchaser shall be
entitled to the difference obtained by subtracting the Net Asset Value set forth
on the Final Balance Sheet from $11,500,000 (the "Adjustment Amount"), up to a
                                                  -----------------
maximum of the Balance Sheet Adjustment Escrow Amount.  In such event, Purchaser
and Seller shall cause the Escrow Agent to pay to the Seller pursuant to the
Escrow Agreement out of the Balance Sheet Adjustment Escrow Amount an amount
equal to the Balance Sheet Adjustment Escrow Amount less the Adjustment Amount.
Purchaser and Seller shall then cause the Escrow Agent to pay the balance of the
Balance Sheet Adjustment Escrow Amount to Purchaser pursuant to the Escrow
Agreement.  The maximum amount that Purchaser is entitled to be paid pursuant to
this Section 2.2(c) shall be limited to $2,000,000.  If the Net Asset Value set
forth on the Final Balance Sheet is greater than or equal to $11,500,000, then
Purchaser and Seller shall cause the Escrow Agent to pay to the Seller pursuant
to the Escrow Agreement out of the Balance Sheet Adjustment Escrow Amount an
amount equal to the Balance Sheet Adjustment Escrow Amount.

          (d)  In the event the Final Balance Sheet reflects a Net Asset Value
of greater than $13,000,000, Purchaser shall pay to Seller the amount of such
excess in cash (the "Additional Payment Amount").
                     -------------------------

          (e)  If Purchaser shall disagree with the Adjustment Amount (if any),
the Additional Payment Amount (if any) or the Net Asset Value set forth on the
Final Balance Sheet, Purchaser shall notify Seller of such disagreement within
ten days following Purchaser's receipt of the Final Balance Sheet as provided in
paragraph (b) above. To the extent that the Net Asset Value set forth on the
Final Balance Sheet or any portion of the Adjustment Amount (if any) or the
Additional Payment Amount (if any) is not in dispute, within ten days following
Purchaser's receipt of the Final Balance Sheet, (i) Purchaser and Seller shall
cause the Escrow Agent to pay to Purchaser pursuant to the Escrow Agreement out
of the Balance Sheet Adjustment Escrow Amount that portion of the Adjustment
Amount (if any) which is not in dispute in the manner set forth in Section
2.2(c), or (ii) Purchaser shall pay to Seller any amount not in dispute in the
manner set forth in Section 2.2(d), as the case may be.

          (f)  Purchaser and Seller shall use their best efforts for a period of
thirty (30) calendar days after Purchaser's delivery of any notice of
disagreement (or such longer period as Purchaser and Seller shall mutually agree
upon) to resolve any disagreements raised by Purchaser with respect to the Final
Balance Sheet and/or the calculation of the Adjustment Amount.  If, at the end
of such period, Purchaser and Seller are unable to resolve such

                                       6
<PAGE>

disagreements, Purchaser and Seller shall jointly select, or if Purchaser and
Seller shall be unable to agree, PwC Austin and PwC PA, independent auditors of
Seller and Purchaser shall jointly select, a third independent auditor of
recognized national standing to resolve any remaining disagreements. The
determination by such third independent auditor shall be final, binding and
conclusive on the parties. Purchaser and Seller shall use their best efforts to
cause such third independent auditor to make its determination within thirty
(30) calendar days of accepting its selection. Within ten (10) calendar days
after the date of determination of such third independent auditor, Purchaser and
Seller shall cause the Escrow Agent to pay pursuant to the Escrow Agreement out
of the Balance Sheet Adjustment Escrow Amount to Purchaser the Adjustment Amount
(if any), and to Seller the remainder (if any) in the manner set forth in
Section 2.2(c) and 2.2(d). The fees and expenses of such third independent
auditor shall be borne by Purchaser and Seller equally.

          (g)  All payments made by Purchaser pursuant to Section 2.2(d) or made
out of the Balance Sheet Adjustment Escrow Account pursuant to Section 2.2(c)
shall be made by wire transfer of immediately available funds to an account
designated by the payee.

     2.3  Allocation of Purchase Price.
          ----------------------------

          On or before the Closing Date, the Seller and the Purchaser will
prepare a schedule to be attached hereto as Exhibit H and titled "Allocation of
                                            ---------
the Purchase Price" setting forth the following items (which will have been
agreed to by the parties): (i) the consideration paid for the shares of IQ2.net
Common Stock pursuant to this Agreement, (ii) the liabilities of IQ2.net as of
the Closing Date and (iii) the actual values of the major categories (grouped by
physical location) of the assets of IQ2.net and the Transferred Assets other
than the IQ2.net Common Stock, each as of the Closing Date. The Seller and the
Purchaser agree that (i) the consideration paid for the shares of IQ2.net Common
Stock and the liabilities of IQ2.net (plus other relevant items) will be
allocated to the assets of IQ2.net for all purposes (including Tax) in a manner
consistent with the values set forth on Exhibit H, (ii) all Tax returns
(including Internal Revenue Service Form 8594 or any other similar statement)
will be filed in a manner consistent with such values, and (iii) no party will
assert in connection with any audit or other proceeding with respect to Taxes,
any values or other items inconsistent with the allocation set forth in Exhibit
H.

                                  ARTICLE III
                                  -----------

                                  THE CLOSING
                                  -----------

     The closing of the transactions contemplated by this Agreement (the

"Closing") will take place at 9:00 a.m. Austin, Texas time at the offices of
 -------
Brobeck, Phleger & Harrison LLP, counsel to Purchaser, as soon as is reasonably
practicable following the satisfaction of all conditions set forth in Article
VII hereof (but in any case no earlier than August 2, 1999) or at such other
time, at such other place or on such other date as the parties hereto may
mutually agree.  At the Closing, the parties hereto will exchange certificates,
opinions and other documents as required hereby.  Notwithstanding the foregoing,
the Closing shall be effective at 12:01 a.m. Austin,

                                       7
<PAGE>

Texas time on the day of Closing. The date on which the Closing occurs is herein
referred to as the "Closing Date".
                    ------------

                                  ARTICLE IV
                                  ----------

                   REPRESENTATIONS AND WARRANTIES OF SELLER
                   ----------------------------------------

     Seller hereby represents and warrants to Purchaser as follows:

     4.1  Corporate Organization.
          ----------------------

          Except as set forth on Schedule 4.1 of the Disclosure Schedules, each
                                 ------------
of Seller and IQ2.net is a corporation duly organized, validly existing and in
good standing under the laws of its jurisdiction of incorporation and is duly
qualified or licensed as a foreign corporation authorized to do business in and
is in good standing under the laws of each jurisdiction in which the character
of the properties and assets now owned or held by it or the nature of the
business now conducted by it requires it to be so licensed or qualified and
where the failure to be so licensed or qualified and in good standing would have
a material adverse effect on the business, financial condition, results of
operations or assets or properties (including, without limitation, the
Transferred Assets) of the Purchased Business and IQ2.net, taken as a whole
("Material Adverse Effect").  Each of Seller and IQ2.net has full corporate
  -----------------------
power and authority to carry on the Purchased Business as now being conducted.

     4.2  Authority.
          ---------

          Seller has full corporate power and authority to execute, deliver and
perform this Agreement and, to the extent it is a party thereto, the documents
to be delivered at the Closing pursuant to Section 7.3(e) hereof (collectively,
the "Seller Agreements") and to consummate the transactions contemplated hereby
     -----------------
and thereby.  The execution and delivery of this Agreement and the Seller
Agreements by Seller and the consummation by Seller of the transactions
contemplated hereby and thereby have been duly authorized by all necessary
corporate action, and no other corporate action or proceeding on the part of
Seller or IQ2.net is necessary to authorize the execution and delivery by Seller
of this Agreement or the Seller Agreements or the consummation by Seller of the
transactions contemplated hereby or thereby or the performance of Seller's
obligations hereunder and thereunder.  This Agreement has been, and the Seller
Agreements on the Closing Date will be, duly executed and delivered by Seller
and this Agreement is, and on the Closing Date each of the Seller Agreements
will be, legal, valid and binding obligations of Seller, enforceable against it
in accordance with their terms, subject to applicable laws affecting creditors'
rights generally and, as to enforcement, to general principles of equity,
regardless of whether applied in a proceeding at law or in equity.

     4.3  No Violations; No Consents or Approvals Required.
          ------------------------------------------------

          Except as set forth in Schedule 4.3 of the Disclosure Schedules,
                                 ------------
neither the execution and delivery of this Agreement or the Seller Agreements
nor the consummation of the transactions contemplated hereby or thereby will (i)
conflict with or violate any provision of the

                                       8
<PAGE>

certificate of incorporation or by-laws, each as amended, of Seller or IQ2.net,
(ii) conflict with or violate any law, rule, regulation, ordinance, order, writ,
injunction, judgment or decree applicable to Seller, IQ2.net or the Purchased
Business or by which Seller, IQ2.net or any of the Transferred Assets are bound
or affected or (iii) conflict with or result in any breach of or constitute a
default (or an event which with notice or lapse of time or both would become a
default) under, or give to others any rights of termination or cancellation of,
or accelerate the performance required by or maturity of, or result in the
creation of any security interest, lien, charge or encumbrance on any of the
Transferred Assets or any assets, properties or other rights of Seller or
IQ2.net pursuant to any of the terms, conditions or provisions of, any note,
bond, mortgage, indenture, permit, license, franchise, lease, contract, or other
instrument or obligation to which Seller or IQ2.net is a party, including,
without limitation, the Contracts and the IQ2.net Contracts (as defined in
Section 4.10 hereof), except, in the case of (ii) and (iii) above, for such
conflicts, violations, breaches, defaults, accelerations, terminations,
cancellations, encumbrances, security interests, liens, or charges which do not
and could not reasonably be expected to have a material adverse effect on the
ability of Seller to consummate the transactions contemplated by this Agreement
and the Seller Agreements or a Material Adverse Effect. Except for applicable
requirements, if any, of the Hart-Scott-Rodino Antitrust Improvements Act of
1976, as amended (the "HSR Act"), or as set forth in Schedule 4.3 of the
                       ---                           ------------
Disclosure Schedules, no notice, declaration, report or other filing or
registration with, and no waiver, consent, approval or authorization of, any
governmental or regulatory authority or instrumentality or any other person is
required to be submitted, made or obtained by Seller or IQ2.net in connection
with the execution, delivery or performance of this Agreement or the Seller
Agreements and the consummation of the transactions contemplated hereby or
thereby, except where the failure to give notice, declare, report, file, or
obtain any waiver, consent, approval or authorization does not and could not
reasonably be expected to have a material adverse effect on the ability of the
parties hereto to consummate the transactions contemplated by this Agreement or
a Material Adverse Effect.

     4.4  Capital Structure.
          -----------------

          The total authorized capital stock of IQ2.net consists of 1,000 shares
of common stock, par value $0.0001 per share (the "IQ2.net Common Stock"), of
                                                   --------------------
which 1,000 shares are issued and outstanding.  All outstanding shares of
IQ2.net Common Stock are duly authorized, validly issued, fully paid and
nonassessable and not subject to preemptive rights created by statute, IQ2.net's
Certificate of Incorporation or Bylaws or any agreement to which IQ2.net or
Seller is a party or by which IQ2.net or Seller is bound.  All of the
outstanding shares of IQ2.net Common Stock are owned beneficially and held of
record by Seller, and Seller has good and marketable title thereto, free and
clear of all Encumbrances other than Permitted Encumbrances.  There are no other
outstanding obligations, warrants, preemptive rights, or other agreements or
commitments to which IQ2.net or Seller is a party, or by which IQ2.net or Seller
is otherwise bound, providing for the issuance of any additional shares of
IQ2.net Common Stock, nor are there any other outstanding equity or nonequity
securities (e.g., debt securities) of IQ2.net.

     4.5  Financial Statements.
          --------------------

          Seller has previously delivered to Purchaser unaudited financial
statements (including a balance sheet and income statement) for the Purchased
Business and IQ2.net for the

                                       9
<PAGE>

calendar quarter ended March 31, 1999 and unaudited financial statements
(including a balance sheet and income statement) the Purchased Business and
IQ2.net for the calendar year ended December 31, 1998 (the "Financial
                                                            ---------
Statements"). The Financial Statements fairly present, and the Final Balance
----------
Sheet will fairly present, in each case, in all material respects the financial
position of the Purchased Business and IQ2.net as of the respective dates set
forth therein and, with respect to the Financial Statements, the results of
operations of the Purchased Business and IQ2.net for the respective periods or
as of the respective dates set forth therein, but in each case do not or will
not, as applicable, include all information and notes required under generally
accepted accounting principles for complete financial statements but do or will,
as applicable, contain all accruals and adjustments of a normal recurring nature
necessary for a fair and consistent presentation of the financial position of
the Purchased Business for such periods.

     4.6  Undisclosed Liabilities.
          -----------------------

          As of March 31, 1999, neither Seller (primarily with respect to the
Purchased Business) nor IQ2.net had incurred any material liabilities or
obligations of any nature whatsoever, whether absolute, accrued, fixed,
contingent, liquidated, unliquidated or otherwise and whether due or to become
due which are not reflected on the March 31, 1999 balance sheets included in the
Financial Statements or described on Schedule 4.6 of the Disclosure Schedules.
                                     ------------
Since March 31, 1999, neither Seller (primarily with respect to the Purchased
Business) nor IQ2.net has incurred any material liabilities or obligations of
any nature, whether absolute, accrued, contingent or otherwise and whether due
or to become due that are not reflected on the books and records of Seller and
IQ2.net other than those incurred in the ordinary course of business consistent
with their past practices or described on Schedule 4.6 of the Disclosure
                                          ------------
Schedules.

     4.7  Title to Property and Assets.
          ----------------------------

          Except for Third Party Intellectual Property Rights (as defined in
Section 4.9(b)), Seller owns (and has good and marketable title to) all of the
Transferred Assets and IQ2.net owns (and has good and marketable title to) all
of its assets and properties, in each case, free and clear of all Encumbrances
other than Permitted Encumbrances.  With respect to Transferred Assets leased by
Seller, Seller is in compliance with such leases and holds valid leasehold
interests therein free and clear of all Encumbrances other than Permitted
Encumbrances.  With respect to assets and properties leased by IQ2.net, IQ2.net
is in material compliance with the terms of such leases and holds valid
leasehold interests therein free and clear of all Encumbrances other than
Permitted Encumbrances.  Seller does not own any real property used in or
relating to the conduct of the Purchased Business, and IQ2.net does not own any
real property.  Schedule 4.7 of the Disclosure Schedules contains a list of all
                ------------
assets, properties and other rights other than Intellectual Property,
Intellectual Property Rights and the IQ2.net Contracts owned or held by IQ2.net,
including, without limitation, all personal property, machinery, equipment,
vehicles, furniture, fixtures, office equipment, bank accounts or similar
deposit arrangements, investment securities, franchises, consents, licenses,
marketing rights, permits, authorizations, approvals and other operating
authorities, and such list is complete and accurate in all material respects.

                                      10
<PAGE>

     4.8  Absence of Change; Payments and Obligations to Date of Agreement.
          ----------------------------------------------------------------

          Except for transactions arising in the ordinary course of business or
as set forth on Schedule 4.8 of the Disclosure Schedules, since March 31, 1999,
                ------------
there has not been any change in the operations, properties, assets or
condition, financial or otherwise, of the Purchased Business or IQ2.net other
than changes affecting the data base research industry generally and other than
changes, none of which, individually or in the aggregate, have had or reasonably
could be expected to have a Material Adverse Effect.  Since March 31, 1999,
Seller has conducted the Purchased Business and IQ2.net has conducted its
business, including, without limitation, the Purchased Business, only in the
ordinary course, consistent with past practices.  Without limiting the
generality of the foregoing, since March 31, 1999, Seller (solely with respect
to the Purchased Business) and IQ2.net have not directly or indirectly:

               (i)    borrowed money or incurred any material obligation,
indebtedness or liability (absolute or contingent), except (a) under existing
lines of credit or other borrowing facilities in effect as of March 31, 1999 and
only in amounts and under circumstances consistent with past practices and in
the ordinary and usual course of business and (b) obligations and liabilities
incurred in connection with the transactions contemplated by this Agreement;

               (ii)   discharged or satisfied any lien or paid any material
obligation or liability (absolute or contingent) other than current liabilities
shown on the March 31, 1999 Balance Sheet, current liabilities incurred since
such date in the ordinary course of business, and obligations incurred under
Contracts entered into in the ordinary course of business;

               (iii)  mortgaged, pledged, hypothecated, assigned, or subjected
to any lien, any material portion of the Transferred Assets, except under
existing lines of credit or other borrowing facilities in effect as of March 31,
1999 and only in amounts and under circumstances consistent with past practices
and in the ordinary course of business;

               (iv)   suffered any extraordinary loss or waived any right of

material value;

               (v)    entered into any material transaction other than in the
ordinary course of business or made any waiver or abandonment of any property,
asset or rights of material value;

               (vi)   made any material change in its method of accounting;

               (vii)  paid or committed itself to pay to or for the benefit of
any of its current or former directors, officers, employees, or shareholders any
material compensation or any kind other than wages, bonuses, salaries,
insurance, pension or other benefit plan, payment or arrangement at rates then
in effect and permitted by law;

               (viii) made any binding arrangement, understanding, contract or
arrangement between itself and any current or former director, officer or
employee or any lineal descendant of any of such persons pursuant to which any
benefit of such arrangement, understanding, contract or agreement has or will
hereafter accrue, directly or indirectly, to any such current or former
director, officer or employee or any lineal descendant of any of them or to

                                      11
<PAGE>

any entity in which such director, officer or employee or lineal descendant has
any equity ownership, directly or indirectly;

               (ix)   made any purchase, sale or lease of any capital asset with
an original cost in excess of $25,000 for any single item other than in the
ordinary course of business consistent with past practice; or

               (x)    made any sale or lease of any capital asset with an
original cost in excess of $25,000 for any single item at less than full and
adequate consideration therefor.

     4.9  Intellectual Property Rights.
          ----------------------------

          (a)  Seller or IQ2.net, as the case may be, owns or otherwise
possesses legally enforceable rights or licenses to or for the Intellectual
Property and Intellectual Property Rights.

          (b)  Schedule 1.1(a)(i) of the Disclosure Schedules lists: (i)
               ------------------
and patent applications, and all registered and unregistered trademarks, trade
names and service marks, and all registered copyrights and applications for
copyright registration, owned or claimed by Seller or IQ2.net and used primarily
by Seller or IQ2.net in connection with the Purchased Business, including the
jurisdictions in which each such Intellectual Property right has been issued or
registered or in which any application for such issuance and registration has
been filed, and including the date of filing or registration or issuance of such
applications and registrations, and including the registration number or serial
number of such applications and registrations; (ii) all licenses, sublicenses
and other agreements to which Seller or IQ2.net is a party and pursuant to which
any person is authorized to use any of Seller's or IQ2.net's Intellectual
Property; and (iii) all licenses, sublicenses and other agreements to which
Seller or IQ2.net is a party and pursuant to which Seller or IQ2.net is
authorized to use any Intellectual Property owned by any third party ("Third
                                                                       -----
Party Intellectual Property Rights") that is necessary to or used primarily in
----------------------------------
the Purchased Business as currently conducted by Seller and IQ2.net (i.e.,
including but not limited to Third Party Intellectual Property Rights that are
incorporated in, are, or form (or in each of the foregoing instances which are
contemplated to be incorporated in, be, or form) a part of any Seller or IQ2.net
product, product under development, service or service under development
primarily with respect to the Purchased Business)), other than Seller's
internally-developed Reply Quest software; and (iv) all other Intellectual
Property and Intellectual Property Rights used primarily by Seller or IQ2.net in
connection with the Purchased Business or by IQ2.net.

          (c)  To Seller's knowledge, there is no (and there is no fact that
reasonably might be expected to form the basis for a claim of) unauthorized use,
disclosure, infringement, violation or misappropriation of Seller's or IQ2.net's
Intellectual Property, any trade secret material received by Seller or IQ2.net,
or any Third Party Intellectual Property Rights (to the extent licensed by or
through Seller or IQ2.net) by any third party, including any employee or former
employee of Seller or IQ2.net. Neither Seller nor IQ2.net has entered into any
agreement to indemnify (or hold harmless) any other person against any charge of
misuse, unauthorized disclosure, infringement, violation or misappropriation of
Seller's or IQ2.net's Intellectual Property, other than indemnification (or hold
harmless) provisions contained in the Contracts, the IQ2.net Contracts or
purchase orders arising in the ordinary course of business.

                                      12
<PAGE>

          (d)  Neither Seller nor IQ2.net is, nor will it be as a result of the
execution and delivery of this Agreement or the performance of its obligations
under this Agreement, in breach of any license, sublicense or other agreement
relating to Seller's or IQ2.net's Intellectual Property or Third Party
Intellectual Property Rights, and there is no fact that reasonably might be
expected to form the basis for a claim of such breach.  To Seller's knowledge,
no third party is in breach of any license, sublicense or other agreement (as to
which Seller or IQ2.net is a party) relating to Seller's of IQ2.net's
Intellectual Property or Third Party Intellectual Property Rights, and to
Seller's knowledge there is no fact that reasonably might be expected to form
the basis for a claim of such breach.

          (e)  All patents and registered trademarks, trade names, service
marks, maskworks and copyrights owned by Seller and primarily relating to or
primarily used in the Purchased Business or IQ2.net are valid, subsisting, in
full force and effect, and not abandoned. Neither Seller nor IQ2.net (i) is a
party to any suit, action or proceeding, nor to Seller's knowledge is any such
suit, action or proceeding threatened, nor is there any fact that reasonably
might be expected to form the basis for any such suit, action or proceeding or
threat thereof, which involves a claim of misuse, unauthorized disclosure,
infringement, violation or misappropriation of any Third Party Intellectual
Property Right; (ii) has any knowledge nor any basis to conclude that the
development, manufacturing, use, marketing, distribution, licensing or sale of
its products and services misuses, discloses without authorization, infringes,
violates or misappropriates any Third Party Intellectual Property Right; and
(iii) has brought and or intends to bring, nor to Seller's knowledge is there
any fact that reasonably might be expected to form the basis for any such suit,
action or proceeding or threat thereof, any suit, action or proceeding for
misuse, unauthorized disclosure, infringement, violation or misappropriation of
Seller's or IQ2.net's Intellectual Property or breach of any license, sublicense
or agreement involving Seller's Intellectual Property against any third party.

          (f)  With regard to Seller's and IQ2.net's employees who contributed
to conception, reduction to practice, creation or development of Seller's and
IQ2.net's Intellectual Property in the course of providing services to Seller or
IQ2.net, Seller or IQ2.net, as the case may be, has secured valid written
assignments from all such employees of all rights to such Seller's or IQ2.net's
Intellectual Property to the extent that Seller or IQ2.net would not have
already owned such rights by operation of law. A true and correct copy of
seller's standard documentation effecting all such assignments have been
provided to Purchaser. Each current employee of Seller employed at the Purchased
Business and each current employee of IQ2.net has executed a proprietary
information and inventions agreement in the form previously delivered to
Purchaser, and all such assignments are substantially in such form. Each current
consultant of Seller employed at the Purchased Business and each current
consultant of IQ2.net has executed a proprietary information agreement in the
form previously delivered to Purchaser.

          (g)  "Confidential Information" shall mean Seller's or IQ2.net's
Intellectual Property not otherwise protected by patents, patent applications or
copyrights.  With respect to Confidential Information owned by Seller or
IQ2.net, Seller or IQ2.net, as the case may be, has taken commercially
reasonable steps to protect and preserve the confidentiality of such
Confidential Information, and all accessibility, receipt, use, disclosure,
delivery, dissemination, reproduction or appropriation of such Confidential
Information by or to a third party has been pursuant to the terms of a written
agreement between Seller or IQ2.net and such third party.

                                      13
<PAGE>

With respect to Confidential Information not owned by Seller or IQ2.net, all
accessibility, receipt, use, disclosure, delivery, dissemination, reproduction
or appropriation of such Confidential Information by Seller or IQ2.net has been
pursuant to the terms of a written agreement between Seller or IQ2.net and the
owner of such Confidential Information, or is otherwise lawful.

          (h)  Except with respect to Third Party Intellectual Property Rights,
no third party has claimed invalidity of, or superior rights to, any one or more
parts of Seller's or IQ2.net's Intellectual Property and, to Seller's knowledge,
there is no fact that reasonably might be expected to form the basis for any
such claim. Except with respect to Third Party Intellectual Property Rights,
Seller or IQ2.net, as the case may be, is the sole and exclusive owner of all
right, title and interest in and to Seller's or IQ2.net's Intellectual Property
free and clear of any Encumbrance other than Permitted Encumbrances. Each of
Seller and IQ2.net has full legal right and authority to license, sell, assign,
transfer and convey good, valid and marketable title to all Intellectual
Property owned by it, (i) free and clear of any and all ownership rights (and
ownership interests) assertable by any one or more third parties, (ii) free and
clear of any Encumbrances, (iii) without requiring any consent, authorization or
approval of any one or more third parties, and (iv) without violation of, breach
of, default under, conflict with, or acceleration of the performance required by
any agreement, obligation or legal restrictions (e.g. law, statute, regulation,
order, award, judgment, writ, injunction or decree), irrespective of whether
with or without notice, irrespective of whether with or without lapse of time,
and irrespective of whether judicial, administrative or arbitration.

          (i)  Seller and IQ2.net have provided Purchaser access to all existing
documentation and source code for all software included in the Intellectual
Property owned by Seller and IQ2.net.  The condition of such documentation and
the source code has not had a material adverse effect on the ability of Seller
and IQ2.net to use such software for the purposes intended in the operation of
the Purchased Business, and such software operates without material operating
defects.  Seller has disclosed to Purchaser a summary description of any
material problems experienced by Seller or IQ2.net in the past 12 months with
respect to such software and the provision of related services to Seller's and
IQ2.net's clients.

          (j)  Seller's and IQ2.net's software products, along with the
information technology systems (including but not limited to software) which are
used in the Purchased Business as currently conducted by Seller and IQ2.net, are
(or will be on the Closing Date) "year 2000 compliant" in that they are designed
to be used prior to, during and after the calendar year 2000 A.D.

     4.10 Contracts.
          ---------

          (a)  There are no contracts or other agreements (written or oral)
binding upon Seller primarily with respect to the Purchased Business or the
Transferred Assets or IQ2.net except the Contracts set forth in Schedule
                                                                --------
1.1(a)(iii) of the Disclosure Schedules, contracts or agreements included
------------------
Disclosure Schedules, contracts or agreements included within the definition of
Excluded Assets or the contracts or agreements to which IQ2.net is a party or by
which it is bound and listed or described on Schedule 4.10(a) of the Disclosure
                                             ----------------
Schedules (the "IQ2.net Contracts").  Seller and IQ2.net have delivered to
Purchaser true and complete copies of all written Contracts and IQ2.net
Contracts and written

                                      14
<PAGE>

summaries of all oral Contracts and IQ2.net Contracts and any amendments thereto
enumerated in Schedule 1.1(a)(iii) or Schedule 4.10(a) of the Disclosure
              --------------------    ----------------
Schedules. IQ2.net has not entered into any product development or licensing
agreement with Qualitative Marketing Software, Inc. ("QMS") other than the
Letter of Agreement dated March 30, 1999 (the "QMS Contract").

          (b)  The Contracts are all the material contracts, leases, agreements,
undertakings and commitments of Seller which relate primarily to the operation
of the Purchased Business.  The IQ2.net Contracts are all the material
contracts, leases, agreements, undertakings and commitments of IQ2.net.  Neither
Seller nor IQ2.net is  (nor to Seller's reasonable knowledge is any other party)
in material default under, nor does any event, circumstance or situation exist
which, with the passage of time and/or the giving of notice, would result in a
material default under any material lease, contract or agreement, undertaking,
commitment, judgment, order or decree of any court or any government agency or
instrumentality relating primarily to any of the Transferred Assets or the
Purchased Business, including without limitation, any material Contract or
material IQ2.net Contract, under which any person, firm, corporation or other
entity is or may be entitled to assert any rights against any of the Transferred
Assets, the Purchased Business or IQ2.net, except as disclosed in Schedule
                                                                  --------
4.10(b) of the Disclosure Schedules.
-------

     4.11 Litigation.
          ----------

          There are no actions, causes of action, claims, suits, proceedings,
orders, writs, investigations, injunctions or decrees pending or, to the
knowledge of Seller, threatened, against Seller or seeking to prevent
consummation of the transactions provided for herein, at law, in equity or
admiralty, or before or by any court or any governmental department, commission,
board, bureau, agency or instrumentality, domestic or foreign, except where any
of the foregoing have not had and could not reasonably be expected to have a
Material Adverse Effect.  There are no actions, causes of action, claims, suits,
proceedings, orders, writs, investigations, injunctions or decrees pending or,
to the knowledge of Seller, threatened against IQ2.net or seeking to prevent the
consummation of the transactions provided for herein, at law, in equity or
admiralty, or before or by any court or any governmental department, commission,
board, bureau, agency or instrumentality, domestic or foreign, except where any
of the foregoing have not had and could not reasonably be expected to have a
Material Adverse Effect.

     4.12 Taxes.
          -----

          Except as set forth on Schedule 4.12 of the Disclosure Schedules:

          (a)  Each of Seller, IQ2.net and each member of any consolidated,
combined or unitary group of which Seller or IQ2.net is a member (an
"Affiliate"), have filed all material Tax Returns that they were required to
file. Each such Tax Return was correct and complete in all material respects
when filed. Neither Seller, IQ2.net. nor any Affiliate currently is the
beneficiary of any extension of time within which to file any Tax Return. No
claim by an authority in a jurisdiction where IQ2.net does not file Tax Returns
is pending that IQ2.net is or may be subject to taxation in a material amount by
that jurisdiction. There are no Encumbrances on any of the assets of IQ2.net
that arose in connection with any failure (or alleged failure) to pay any
material amount of Tax.

                                      15
<PAGE>

          (b)  Each of Seller, IQ2.net and any Affiliate has withheld and paid
all material Taxes required to have been withheld and paid in connection with
amounts paid or owing to any employee, independent contractor, creditor,
stockholder, or other third party.

          (c)  There is no pending material dispute or claim concerning any Tax
liability of Seller, IQ2.net or any Affiliate either (A) claimed or raised by
any Tax authority in writing or (B) as to which any director, officer or
employee responsible for Tax matters of Seller, IQ2.net or any Affiliate has
Knowledge based upon personal contact with any agent of a Tax authority.
Schedule 4.12 (iii) of the Disclosure Schedules lists all federal, state, local,
-------------------
and foreign income Tax Returns filed with respect to Seller, IQ2.net and
Affiliates for taxable periods ended on or after December 31, 1995, indicates
those Tax Returns that have been audited, and indicates those Tax Returns that
currently are the subject of audit. The Seller has delivered to the Purchaser
correct and complete copies of all federal income Tax Returns, examination
reports, and statements of deficiencies assessed against or agreed to by Seller,
IQ2.net or an Affiliate since December 31, 1995.

          (d)  None of Seller, IQ2.net or any Affiliate has waived any statute
of limitations in respect of Taxes or agreed to any extension of time with
respect to a Tax assessment or deficiency where such waiver or extension remains
in effect.

          (e)  IQ2.net  has not filed a consent under Code (S)341(f) concerning
collapsible corporations.  IQ2.net has not made any payments, is not obligated
to make any payments, and is not a party to any agreement that under certain
circumstances could obligate it to make any payments that will not be deductible
under Code (S)280G or Section 162 by reason of Section 162(m).  IQ2.net is not a
party to any Tax allocation or sharing agreement or any other agreement pursuant
to which it could be liable for the Taxes of any person other than IQ2.net
(excluding any liability under Treas. Reg. (S)1.1502-6 or any similar provision
of state, local, or foreign law).

          (f)  The unpaid Taxes of Seller, IQ2.net and each Affiliate (A) did
not, as of March 31, 1999, exceed the reserve for Taxes (excluding any reserve
for deferred Taxes established to reflect timing differences between book and
Tax income) set forth on the face of the most recent balance sheet (included in
Seller's Form 10Q filed with the Securities and Exchange Commission for the
quarter then ended) (rather than in any notes thereto) and (B) do not exceed
that reserve as adjusted for the passage of time through the Closing Date in
accordance with the past custom and practice of Seller and IQ2.net in filing
their Tax Returns. The unpaid Taxes of IQ2.net will not, as of the Closing Date,
exceed the reserve for Taxes (excluding any reserve for deferred Taxes
established to reflect timing differences between book and Tax income) set forth
with regard to IQ2.net on the face of the Final Balance Sheet.

          (g)  "Tax" means any federal, state, local, or foreign income, gross
                ---
receipts, license, payroll, employment, excise, severance, stamp, occupation,
premium, windfall profits, environmental (including taxes under Code (S)59A),
customs duties, capital stock, franchise, profits, withholding, social security
(or similar), unemployment, disability, real property, personal property, sales,
use, transfer, registration, value added, alternative or add-on minimum,
estimated, or other tax of any kind whatsoever, including any interest, penalty,
or addition thereto, whether disputed or not.

                                      16
<PAGE>

          (h)  "Tax Return" means any return, declaration, report, claim for
                ----------
refund, or information return or statement relating to Taxes, including any
schedule or attachment thereto, and including any amendment thereof.

     4.13 Compliance with Applicable Law.
          ------------------------------

Except as set forth in the Disclosure Schedules, each of Seller and IQ2.net is
presently complying, and on the Closing will be in compliance, in all material
respects with all applicable laws, rules, regulations, orders, ordinances,
judgments or decrees of all governmental authorities (federal, state, local or
otherwise) related to or affecting the Purchased Business, the Transferred
Assets or the business, operations, assets or properties of IQ2.net, except
where such failure to so comply has not had and could not be reasonably expected
to have a Material Adverse Effect.

     4.14 Labor Relations and Employment; No Collective Bargaining.
          --------------------------------------------------------

          (a)  Neither Seller (solely with respect to the Purchased Business)
nor IQ2.net has failed to comply in any material respect with Title VII of the
Civil Rights Act of 1964, as amended, the Fair Labor Standards Act, as amended,
the Occupational Safety and Health Act of 1970, as amended, any applicable
federal, state and local laws, rules and regulations relating to employment, or
any applicable laws, rules and regulations governing payment of minimum wages
and overtime rates, and the withholding and payment of taxes from compensation
of employees, except where such failure to so comply has not had and could not
be reasonably expected to have a Material Adverse Effect. The employment of all
persons presently employed or retained by Seller to work at the Purchased
Business or by IQ2.net is terminable at will, all employment agreements, if any,
between Seller or IQ2.net and any such employee shall terminate as of the
Closing, and there are no labor controversies pending or threatened between
Seller or IQ2.net and any such employees.

          (b)  Neither the employees of Seller employed at the Purchased
Business nor the employees of IQ2.net are subject to any collective bargaining
agreements or other contracts with a labor union, contingent or otherwise, nor
are any of such employees represented by any labor union. The relations of
Seller with respect to employees employed or retained by it in connection with
the Purchased Business and the relations of IQ2.net with respect to all of its
employees are satisfactory. There are no unfair labor practice charges or
complaints pending against Seller involving any employees now or previously
employed at the Purchased Business or against IQ2.net involving any employees
now or previously employed by it. During the 12-month period preceding the date
hereof, there have not been any labor disputes or written and filed grievances
or claims involving any employees of Seller relating to the Purchased Business
or any employees of IQ2.net.

     4.15 Brokers and Finders.
          -------------------

          Except for fees and expenses payable to U.S. Bancorp Piper Jaffray
Inc. in connection with the transactions contemplated by this Agreement (which
fees and expenses are payable by Seller), neither Seller, IQ2.net nor any of
their officers, directors or employees, has incurred any liability for any
brokerage fees, commissions, finders' fees or similar fees or expenses in
connection with the transactions contemplated by this Agreement.

                                      17
<PAGE>

     4.16 Powers of Attorney.
          ------------------

          Except as set forth in the Disclosure Schedules, neither Seller nor
IQ2.net has given to any person or party, and there is not currently existing,
any power of attorney pertaining to the Transferred Assets, the Purchased
Business or the business, properties or assets of IQ2.net.

     4.17 Employee Benefit Plans.
          ----------------------

          (a)  Schedule 4.17 to the Disclosure Schedules lists, with respect to
               -------------
Seller and IQ2.net, and any trade or business (whether or not incorporated) of
Seller or IQ2.net: (i) all employee benefit plans or arrangements, oral or
written; (ii) each stock option, stock purchase, phantom stock, stock
appreciation right, supplemental retirement, severance, sabbatical, medical,
dental, vision care, disability, employee relocation, cafeteria benefit or
dependent care, life insurance or accident insurance plans, programs or
arrangements, oral or written; (iii) all bonus, pension, profit sharing,
savings, deferred compensation or incentive plans, programs or arrangements,
oral or written; (iv) all other fringe or employee benefit plans, programs or
arrangements, oral or written, that apply to senior management of Seller or
IQ2.net and that do not generally apply to all employees; and (v) any current or
former employment or executive compensation or severance agreements or
arrangements, written or otherwise, as to which unsatisfied obligations of
Seller or IQ2.net remain for the benefit of, or relating to, any present or
former employee, consultant or director of Seller or IQ2.net (collectively, the
"Seller Employee Plans").

          (b)  Seller has furnished or made available to Purchaser a copy of
each of the Seller Employee Plans and related plan documents (including trust
documents, insurance policies or contracts, employee booklets, summary plan
descriptions and other authorizing documents, and, to the extent still in its
possession, any material employee communications relating thereto). The Seller
Employee Plans are duly registered where required by, and have at all times been
invested and administered in material compliance with, all applicable laws,
rules, regulations and terms of the Seller Employee Plans. All required employer
and employee contributions and premiums under the Seller Employee Plans have
been made, no past service funding obligations exist (either on a solvency or a
going concern basis) there are no outstanding violations or defaults thereunder,
and there are no actions or claims, pending or threatened (other than routine
claims for benefits), relating to any of the Seller Employee Plans. No promise
or commitment to increase benefits under any Seller Employee Plans has been made
except as required by applicable law.

     4.18 Subsidiaries.
          ------------

          IQ2.net has no subsidiaries and owns no equity interest in any other
corporation, firm, joint venture, partnership or other entity.

     4.19 Directors and Officers.
          ----------------------

          The names and titles of all the officers and directors of IQ2.net are
set forth on Schedule 4.19 of the Disclosure Schedules.

                                      18
<PAGE>

     4.20 Accounts Receivable.
          -------------------

          All of the accounts receivable reflected on the Final Balance Sheet
will have arisen from bona fide transactions in the ordinary course of the
Purchased Business and will not be subject to any set-off or counterclaims.  All
accounts receivable reflected on the Final Balance Sheet will be collectible in
full in the ordinary course in the aggregate recorded amounts therefor, less any
reserves for doubtful accounts reflected on the Final Balance Sheet.

     4.21 Environmental Matters.
          ---------------------

          None of Seller, IQ2.net or the activities of the Purchased Business
are in material violation of any applicable statute, law or regulation relating
to the environment or occupational health and safety.  Seller and IQ2.net have
obtained all material permits, licenses, registrations and other governmental
authorizations currently required by all applicable statutes, laws or
regulations relating to the environment or occupational health and safety
necessary for the conduct of the Purchased Business or the business of IQ2.net.

     4.22 Asset Maintenance; Insurance; Sufficiency.
          -----------------------------------------

          Except as described in the Disclosure Schedules, the Transferred
Assets and the assets and properties of IQ2.net have been properly maintained
and are: (i) in satisfactory operating condition (except for ordinary wear and
tear which in the aggregate would not have a Material Adverse Effect) and (ii)
are capable of being used in the Purchased Business without present need for
repair or replacement except in the ordinary course of business.  Seller has
maintained fire, casualty, liability and other insurance with respect to the
Purchased Business and the Transferred Assets at levels which insure Seller with
regard to the Purchased Business and IQ2.net in reasonably sufficient amounts
against risks customarily insured against by persons operating similar
businesses or properties of similar size in the localities where such businesses
or properties are located.  The Transferred Assets and the assets and properties
of IQ2.net together constitute all properties and assets essential to conduct
and operate the Purchased Business in the manner in which it is presently
conducted by Seller and IQ2.net.

     4.23 Disclosure.
          ----------

          To the knowledge of Seller, no representation or warranty by Seller in
this Agreement (as supplemented by the Disclosure Schedules) or any statement in
the closing certificate delivered by Seller to Purchaser pursuant to Section
7.3(d)(i) contains or will contain any untrue statement of a material fact or
omits or will omit to state any material fact necessary to make the statements
contained in such representation, warranty or certificate, in light of the
circumstances under which it was or will be made, not misleading.  As used in
this Section 4.23, "knowledge of Seller" with respect to a fact or matter shall
mean that an executive officer of Seller or IQ2.net has, or at any time had, or
would after reasonable inquiry, have actual knowledge of such fact or matter.

     4.24 Disclaimer of Other Representations and Warranties.
          --------------------------------------------------

          Except as expressly set forth in this Article IV, Seller makes no
representation or warranty, express or implied, at law or in equity, in respect
of any of its assets (including,

                                      19
<PAGE>

without limitation, the Transferred Assets), liabilities or operations,
including without limitation, with respect to merchantability or fitness for any
particular purpose, and any such other representations or warranties are hereby
expressly disclaimed. Purchaser hereby acknowledges and agrees that, except to
the extent specifically set forth in this Article IV, Purchaser is purchasing
the Transferred Assets on an "as-is, where-is" basis. Without limiting the
generality of the foregoing, Seller makes no representation or warranty
regarding any assets other than the Transferred Assets or any liabilities other
than the Assumed Liabilities, and none shall be implied at law or in equity.

                                   ARTICLE V
                                   ---------

                  REPRESENTATIONS AND WARRANTIES OF PURCHASER
                  -------------------------------------------

     Purchaser hereby represents and warrants to each Seller as follows:

     5.1  Corporate Organization.
          ----------------------

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

     5.2  Authority.
          ---------

          Purchaser has full corporate power and authority to execute and
deliver this Agreement and the documents to be delivered at the Closing pursuant
to Section 7.2 hereof (collectively, the "Purchaser Agreements") and to
                                          --------------------
consummate the transactions contemplated hereby and thereby.  The execution and
delivery of this Agreement and the Purchaser Agreements by Purchaser and the
consummation by Purchaser of the transactions contemplated hereby and thereby
have been duly authorized by all necessary corporate action and no other
corporate action or proceeding on the part of Purchaser is necessary to
authorize the execution and delivery by Purchaser of this Agreement or the
Purchaser Agreements or the consummation by Purchaser of the transactions
contemplated hereby or thereby.  This Agreement has been, and the Purchaser
Agreements on the Closing Date will be, duly executed and delivered by Purchaser
and this Agreement is, and on the Closing Date each of the Purchaser Agreements
will be, legal, valid and binding obligations of Purchaser, enforceable against
Purchaser in accordance with their terms, subject to applicable laws affecting
creditors' rights generally and, as to enforcement, to general principles of
equity, regardless of whether applied in a proceeding at law or in equity.

     5.3  No Violations: No Consents or Approvals Required.
          ------------------------------------------------

          Neither the execution and delivery of this Agreement or the Purchaser
Agreements nor the consummation of the transactions contemplated hereby or
thereby will (i) conflict with or violate any provision of the Certificate of
Incorporation or by-laws of Purchaser, (ii) conflict with or violate any law,
rule, regulation, ordinance, order, writ, injunction, judgment or decree
applicable to Purchaser or by which any of its properties or assets are bound or
affected or (iii) conflict with or result in any breach of or constitute a
default (or an event which with

                                      20
<PAGE>

notice or lapse of time or both would become a default) under, or give to others
any rights of termination or cancellation of, or accelerate the performance
required by or maturity of, or result in the creation of, any security interest,
lien, charge or encumbrance on any of its assets or properties pursuant to any
of the terms, conditions or provisions of, any note, bond, mortgage, indenture,
permit, license, franchise agreement, lease, contract, or other instrument or
obligation to which Purchaser is a party or by which Purchaser or any of its
properties or assets is bound or affected, except, in the case of (ii) and (iii)
above, for such conflicts, violations, breaches, defaults, terminations,
cancellations and accelerations which in the aggregate will not have a material
adverse effect on the ability of Purchaser to consummate the transactions
contemplated by this Agreement and the Purchaser Agreements. Except for
applicable requirements, if any, of the HSR Act, no notice, declaration, report
or other filing or registration with, and no waiver, consent, approval or
authorization of, any governmental or regulatory authority or instrumentality or
any other person is required to be submitted, made or obtained by Purchaser in
connection with the execution, delivery or performance of this Agreement or the
Purchaser Agreements and the consummation of the transactions contemplated
hereby or thereby.

     5.4  Brokers and Finders.
          -------------------

          Purchaser does not have any obligation to pay any broker's, finder's,
investment banker's, financial advisor's or similar fee in connection with this
Agreement, or the transactions contemplated hereby or thereby, by reason of any
action taken by or on behalf of Purchaser except for fees and expenses payable
to Bowles Hollowell Connor, a division of First Union Capital Markets Group.

     5.5  Disclosure.
          ----------

          The representations and warranties by Purchaser in this Agreement and
the statements contained in the schedules, certificates, exhibits and other
writings furnished and to be furnished by Purchaser or its representatives to
Seller pursuant to this Agreement do not and will not contain any untrue
statement of a material fact and do not and will not omit to state any material
fact necessary to make the statements herein or therein in light of the
circumstances under which it is not or will not be made, not misleading.

     5.6  Financing.
          ---------

          Purchaser has received certain non-binding commitments to provide
funds to Purchaser sufficient to enable Purchaser to consummate the transactions
contemplated hereby and to pay fees and expenses related thereto (the
"Financing").  Purchaser has delivered a draft term sheet (including all
 ---------
amendments thereto through the date hereof) to Seller setting forth the proposed
terms on which Purchaser contemplates it will receive the Financing.

     5.7  Investment.
          ----------

          Purchaser is not acquiring the capital stock of IQ2.net with a view to
or for sale in connection with any distribution thereof within the meaning of
the Securities Act of 1933, as amended.

                                      21
<PAGE>

     5.8  No Litigation.
          -------------

          There are no actions, causes of action, claims, suits, proceedings,
orders, writs, investigations, injunctions or decrees pending, or to the
knowledge of Purchaser, threatened against Purchaser, which would affect the
consummation of the transactions contemplated herein, at law, in equity or
admiralty, or before or by any court or any governmental department, commission,
board, bureau, agency or instrumentality, domestic or foreign.

                                  ARTICLE VI
                                  ----------

                                   COVENANTS
                                   ---------

     6.1  Conduct of the Purchased Business Pending the Closing.
          -----------------------------------------------------

          Seller hereby covenants that, from the date hereof to and including
the earlier of the termination of this Agreement and the Closing Date, unless
Purchaser shall have consented, which consent may be withheld in Purchaser's
sole discretion, or as otherwise contemplated by this Agreement:

          (a)  the Purchased Business shall be conducted and the Transferred
Assets and the assets and properties of IQ2.net repaired and maintained in the
ordinary and usual course, in a manner consistent with past practice;

          (b)  except in the ordinary course of business consistent with past
practice, neither the Seller in connection with the Purchased Business nor
IQ2.net shall (i) make any commitment to make any capital expenditures
individually in excess of $25,000 or in the aggregate in excess of $100,000;
(ii) dispose of any capital assets with a book value, individually or in the
aggregate, in excess of $100,000 or encumber any of its capital assets; (iii)
incur, or guarantee or otherwise become liable for, any indebtedness for
borrowed money in excess of $100,000 in the aggregate; (iv) amend any of the
Contracts or IQ2.net Contracts; or (v) enter into any new employee benefit plan,
program or arrangement or amend any existing employee benefit plan, program or
arrangement or grant any increases in employee compensation;

          (c)  Seller shall use its commercially reasonable efforts to preserve,
and shall cause IQ2.net to use its commercially reasonable efforts to preserve,
for Purchaser the goodwill of all persons dealing with the Purchased Business;

          (d)  Seller shall maintain, or cause IQ2.net to maintain, as
applicable, in full force and effect all insurance policies now in effect or
renewals thereof covering the Transferred Assets, the Purchased Business or the
assets and property of IQ2.net and the employees employed in the Purchased
Business or by IQ2.net prior to the Closing Date, and shall provide reasonable
assistance to Purchaser to make claims against or otherwise obtain benefits
payable under any insurance policies maintained by Seller or IQ2.net relating to
the Purchased Business that provide coverage with respect to events which occur
prior to the Closing. Purchaser shall reimburse Seller for all reasonable
out-of-pocket expenses incurred by Seller in providing said assistance;

                                      22
<PAGE>

          (e)  Seller shall promptly notify Purchaser of (i) any breach or
violation of, default or event of default under, or actual or threatened
termination or cancellation of any contract or other instrument relating to the
Purchased Business, including, without limitation, any Contract or IQ2.net
Contract, which has had or could reasonably be expected to have a Material
Adverse Effect, (ii) any loss of, damage to, or disposition of any of the
Transferred Assets or any of the assets or properties of IQ2.net (other than the
sale or use of inventories in the ordinary course of business) which has had or
could reasonably be expected to have a Material Adverse Effect, and (iii) any
claim or litigation, threatened or instituted against Seller or IQ2.net, or any
other adverse event or occurrence involving or affecting the Purchased Business
or IQ2.net which has had or could reasonably be expected to have a Material
Adverse Effect;

          (f)  Seller shall not enter or permit IQ2.net to enter into any
collective bargaining agreement affecting the Purchased Business or the
employees of IQ2.net; and

          (g)  except in the ordinary course of business, consistent with past
practice, Seller shall not sell, dispose of, distribute, encumber or enter into
any agreement, arrangement or commitment, whether oral or written, for the sale,
disposition, distribution or encumbrance of any portion of the Purchased
Business or permit IQ2.net to do any of the foregoing with respect to any of its
assets or properties.

     6.2  No Solicitation
          ---------------

          (a)  Unless and until the earlier of the Closing Date and the
termination of this Agreement pursuant to Section 9.1 hereof, Seller (including
through its agents, representatives or otherwise) shall not take or cause,
directly or indirectly, any of the following actions with any party other than
Purchaser or its respective designees: (i) solicit, knowingly encourage,
initiate or participate in any negotiations, inquiries or discussions with
respect to any offer, indication or proposal to acquire the Purchased Business,
any of the IQ2.net Common Stock or more than 10% of the other Transferred Assets
or the assets and properties of IQ2.net, whether by merger, consolidation, other
business combination, purchase of assets, tender or exchange offer or otherwise
(each of the foregoing, an "Acquisition Proposal") or (ii) disclose, in
connection with an Acquisition Proposal, any non-public information or provide
access to its properties, books or records or those of IQ2.net, except as
required by law or pursuant to a governmental request for information.

          (b)  Notwithstanding anything to the contrary contained in Section
6.2(a) or elsewhere in this Agreement, prior to the Closing, Seller may, to the
extent the Board of Directors of the Company determines that it would be in the
best interests of Seller or its stockholders to do so, directly or indirectly,
participate in discussions or negotiations with, and furnish information, and
afford access to the properties, books, records, officers, employees and
representatives of the Seller and the Purchased Business to any Person, entity
or group after such Person, entity or group has delivered to Seller in writing,
an Acquisition Proposal which the Board of Directors of Seller in its good faith
reasonable judgment determines if consummated would be more favorable to Seller
or its stockholders than the transactions contemplated by this Agreement (a
"Superior Proposal").  In the event the Company receives a Superior Proposal,
 -----------------
nothing contained in this Agreement (but subject to the terms of this paragraph
(b) and paragraph (c) below) will prevent the Board of Directors of Seller from
executing or entering into an

                                      23
<PAGE>

agreement relating to such Superior Proposal and recommending such Superior
Proposal to its stockholders, if the Board determines in good faith that it is
appropriate to do so; in such case, the Board of Directors of Seller may
withdraw, modify or refrain from making its recommendation of the transactions
contemplated hereby, and, to the extent it does so, Seller may refrain from
calling, providing notice of and holding the stockholders meeting to adopt this
Agreement and from soliciting proxies or consents to secure the vote or written
consent of its stockholders to adopt this Agreement and may terminate this
Agreement; provided however that the Seller shall provide Purchaser at least
           -------- -------
five (5) calendar days prior written notice of Seller's intention to execute or
enter into an agreement relating to such Superior Proposal and containing a true
and correct copy and statement of the terms of such Superior Proposal, including
an identification of the party proposing the Superior Proposal, in order to
allow Purchaser the opportunity to propose a counteroffer to such Superior
Proposal prior to the time Seller enters into an agreement relating to such
Superior Proposal.

          (c)  In the event Seller accepts a Superior Proposal, Seller may
terminate this Agreement by written notice to Purchaser, provided that Seller
                                                         --------
must abide by the termination provisions contained in Article IX of this
Agreement. Notwithstanding anything to the contrary contained in Section 6.2 or
elsewhere in this Agreement, prior to the Closing Date, Seller may, in
connection with a possible Acquisition Proposal, refer any third party to this
Section 6.2 and Article IX and make a copy of this Section 6.2 and Article IX
available to a third party.

     6.3  Delivery of Balance Sheet and Additional Payment Amount.
          -------------------------------------------------------

          (a)  As soon as practicable after the Closing Date, but in any case no
later than thirty days following the Closing Date, Seller shall deliver to
Purchaser an unaudited balance sheet setting forth in reasonable detail the Net
Asset Value, including without limitation and separately identifying the assets,
liabilities and stockholders' equity of IQ2.net, as of the Closing Date,
prepared in accordance with Section 2.2 hereof (the "Final Balance Sheet").
Seller shall give Purchaser written notice of its intent to deliver the Final
Balance Sheet to Purchaser at least five days prior to the date of delivery.

          (b)  Purchaser shall pay to Seller the Additional Payment Amount (if
any), in accordance with the provisions of Section 2.2 hereof.

     6.4  Access to Information; Continued Assistance.
          -------------------------------------------

          (a)  From the date hereof until the earlier of the termination of this
Agreement and the Closing Date, Seller shall and shall cause IQ2.net to (i) give
Purchaser and its respective authorized representatives reasonable access,
subject to such limitations or procedures as may be necessary to protect the
attorney-client privilege or the work product doctrine and subject to their
respective confidentiality obligations, to all offices, warehouses, and other
facilities and to all books and records of the Purchased Business or IQ2.net,
(ii) permit Purchaser and all such persons to make such inspections of the
Transferred Assets and the assets and properties of IQ2.net as they may
reasonably request and (iii) cause its officers to furnish Purchaser and all
such persons with such financial and operating data and other information with
respect to the Transferred Assets, the Purchased Business and IQ2.net as they
may from time to time

                                      24
<PAGE>

reasonably request; provided that Purchaser shall exercise its rights under this
Section 6.4 in a manner that does not unreasonably interfere with the operations
of the Purchased Business.

          (b)  Purchaser will hold and will cause its representatives to hold in
strict confidence all documents and information concerning the Purchased
Business to the extent and in accordance with the terms and conditions of the
Confidentiality Agreement (as defined in Section 10.1 hereof).

          (c)  For a period of at least five (5) years following the Closing
Date, Purchaser will retain, at Purchaser's sole expense, the books, records and
other data of the Purchased Business transferred pursuant to this Agreement.
During such period, Purchaser will afford to Seller, its counsel and
accountants, during normal business hours, reasonable access to such books,
records and other data.

          (d)  Purchaser shall, at the request of Seller, (i) provide reasonable
assistance in the collection of information or documents and (ii) make
Purchaser's employees available when reasonably requested by Seller in
connection with claims or actions brought by or against third parties based upon
events or circumstances concerning Excluded Liabilities. Seller shall reimburse
Purchaser for all reasonable out-of-pocket expenses incurred by Purchaser in
providing said assistance.

          (e)  For a period of five (5) years following the Closing Date, Seller
will retain, at Seller's sole expense all tax and accounting records and other
books of account relating to the Purchased Business or IQ2.net not delivered to
Seller pursuant to Section 7.3(f) hereof on the Closing Date (the "Retained
Records"). During such period, Seller agrees to make available to Purchaser, for
inspection and copying at Purchaser's expense, at reasonable times upon request
therefor, (i) the Retained Records and (ii) any other records and documents
relating to the Purchased Business, the Transferred Assets or IQ2.net retained
by Seller, which in the case of this clause (ii) only, are, at the time of such
request, in Seller's possession or control. In addition, Seller agrees to make
available to Purchaser such then current employees of Seller, as Purchaser shall
from time to time reasonably request, to permit Purchaser to prepare (i) any tax
returns or other tax related documents in connection with any governmental
examination of tax returns and (ii) any other financial and accounting documents
for a one (1) year period following the Closing Date, relating to the Purchased
Business, the Transferred Assets or IQ2.net for periods from and after the
Closing Date. Except as provided in the first sentence of this Section,
Purchaser shall reimburse Seller for all reasonable expenses incurred by Seller
in providing the assistance set forth in this paragraph (e). After the fifth
anniversary of the Closing Date, Seller may dispose of any Retained Records;
provided, however, that before disposing of any Retained Records, it will first
--------  -------
notify Purchaser and permit Purchaser, at its sole expense, to pick up such
Retained Records. In the event that Seller transfers all or substantially all of
its assets or liquidates and dissolves at a time when it continues to have
obligations under this paragraph (e), it shall either cause its successor to
agree to be bound by the provisions of this paragraph (e) or shall deliver to
Purchaser all (i) Retained Records and (ii) all other documents and records
relating to the Purchased Business, the Transferred Assets or IQ2.net then in
its possession.

                                      25
<PAGE>

     6.5  Commercially Reasonable Efforts.
          -------------------------------

          (a)  Upon the terms and subject to the conditions hereof, each of the
parties hereto agrees to use its commercially reasonable efforts to take or
cause to be taken all actions and to do or cause to be done all things
necessary, proper or advisable to consummate the transfer of the Purchased
Business and the Transferred Assets and the transactions contemplated by this
Agreement, the Seller Agreements and the Purchaser Agreements and shall use its
commercially reasonable efforts to obtain all necessary waivers, consents and
approvals and to effect all necessary registrations and filings.

          (b)  In the event Purchaser or Seller, as the case may be, is unable
to obtain, prior to the Closing, any consents, approvals, waivers or other
authorizations necessary or advisable to transfer to Purchaser any Transferred
Asset or otherwise consummate the transactions contemplated hereby, and
Purchaser nonetheless elects to consummate the transactions contemplated hereby,
Purchaser and Seller will cooperate with each other in order to obtain such
consents, approvals, waivers or other authorizations at the earliest practicable
date. In each instance where such consents, approvals, waivers or other
authorizations cannot be obtained prior to the Closing, Seller shall use its
commercially reasonable efforts to enter into such alternative arrangements and
agreements with Purchaser as may be appropriate in order to permit Purchaser to
realize, receive and enjoy substantially similar rights and benefits and to
enable Purchaser to conduct operations of the Purchased Business and the
ownership of the Transferred Asset until the consents, approvals, waivers or
other authorizations are obtained; provided however, that Seller shall have no
obligation to pay any fees, incur any expense or make any modification to such
contract, license, lease, sales order, purchase order, commitment, permit,
operating authority or other agreement to obtain such consent. If, after the
exercise of commercially reasonable efforts, any such consents, approvals,
waivers or other authorizations are not obtained, Seller agrees to cooperate
with Purchaser in any reasonable arrangements designed to provide, to the extent
reasonably practicable and at Purchaser's request and expense, for the benefit
of Purchaser any and all rights of Seller in and to such Transferred Asset.

     6.6  Public Announcements.
          --------------------

          Purchaser and Seller will consult with each other before issuing any
press release or otherwise making any public statements with respect to this
Agreement or the transactions contemplated hereby and shall not issue any such
press release or make any such public statement prior to such consultation.

     6.7  Competition; Non-solicitation.
          -----------------------------

          (a)  Seller covenants and agrees that, during the three-year period
immediately following the Closing, it shall not, directly, indirectly or through
any ownership interest in any firm, corporation, partnership, proprietorship or
other business, engage in the activities now engaged in by the Purchased
Business in the geographic areas in which the Purchased Business is now
conducted; provided, however, that (i) Seller may own, directly or indirectly,
solely as an investment, securities of any person which are publicly traded if
Seller does not, directly or indirectly, beneficially own five percent or more
of any class of securities of such person; and (ii) Seller may have such an
ownership interest during such three-year period if such ownership

                                      26
<PAGE>

arises as a result of the acquisition of a business entity having business
activities other than those now engaged in by the Purchased Business and Seller
is proceeding actively to dispose of those business activities prohibited by
this Section.

          (b)  For a period of three years after the Closing date, Seller shall
not directly or indirectly (i) induce or attempt to induce any employee of
IQ2.net or any employee of Seller who becomes an employee of Purchaser on or
after the date hereof to leave IQ2.net or Purchaser, as the case may be, or
accept any other employment or position unless (in each case, prior to any such
inducement or attempted inducement), such employee has been terminated by
IQ2.net or Purchaser or has resigned as an employee of IQ2.net or Purchaser,
(ii) assist any other entity in hiring any such employee other than by
furnishing employment data and recommendations when solicited by potential
employers, or (iii) solicit, approach or otherwise contact any client of the
Purchased Business in an attempt to obtain such client as a customer of any
business conducted by Seller.

          (c)  Nothing in this Section 6.7 shall prevent any direct or indirect
current or future stockholder or affiliate of Seller (each, a "Related Party")
from engaging in the activities now engaged in by the Purchased Business;
provided that Seller shall not do any of the following in an attempt to
circumvent the restrictions set forth in Section 6.7(a): (i) permit any Related
Party to use, or assist any Related Party in using, any Confidential Information
of Seller or IQ2.net in connection with such activities, (ii) permit any Related
Party to utilize the assistance of any person employed as an employee, agent,
contractor, consultant or advisor of Seller on the date thereof or the Closing
Date in connection with such activities, (iii) permit any Related Party to
utilize the trade names "IntelliQuest" or "IntelliQuest Information Group, Inc."
in connection with such activities, or (iv) assist any Related Party in the
solicitation of business from any client or customer of the Purchased Business
or IQ2.net prior to the Closing Date for services provided to such client or
customer by the Purchased Business or IQ2.net. As used herein, the term
"affiliate" shall have the meaning ascribed to such term in Rule 405 promulgated
under the Securities Act of 1933, as amended.

          (d)  Purchaser covenants and agrees that, if the Closing shall occur,
during the three-year period immediately following the Closing, it shall not,
directly, indirectly or through any ownership interest in any firm, corporation,
partnership, proprietorship or other business, engage in the activities now
engaged in by the Seller in connection with its research business in the
geographic areas in which such business is now conducted; provided, however,
that (i) Purchaser may own, directly or indirectly, solely as an investment,
securities of any person which are publicly traded if Purchaser does not,
directly or indirectly, beneficially own five percent or more of any class of
securities of such person; and (ii) Purchaser may have such an ownership
interest during such three-year period if such ownership arises as a result of
the acquisition of a business entity having business activities other than those
now engaged in by Seller is connection with its research business and Purchaser
is proceeding actively to dispose of those business activities prohibited by
this Section.

     6.8  Collection of Accounts.
          ----------------------

          Any payment in respect of accounts receivable reflected on the Final
Balance Sheet received by Seller following the Closing Date shall be segregated
into a separate account

                                      27
<PAGE>

established for such purpose by Seller, and shall be paid to Purchaser within
five (5) business days of receipt by Seller by wire transfer in immediately
available (same day) funds to the account specified by Purchaser for this
purpose, together with a statement of accounting therefor in the form of
remittance advice provided in connection with such payment or, if no such
remittance advice was provided with such payment, in a manner otherwise
reasonably acceptable to Purchaser.

     6.9  Offers of Employment.
          --------------------

          Prior to the Closing Date, Purchaser shall offer employment to Dr.
Charles Stryker and the other employees listed on Schedule 6.9 of the Disclosure
                                                  ------------
Schedules, such employment to be effective on the Closing Date. Purchaser shall
not be obligated to offer employment to any other individuals currently employed
by Seller and shall not be obligated to assume any severance obligations with
respect to any employees who are not offered employment or who do not accept
Purchaser's offer of employment.

     6.10 Seller 401(k) Plan.
          ------------------

          (a)  Effective as of the Closing Date, Seller shall cause each
employee of the Seller or IQ2.net who remains employed with IQ2.net following
the Closing Date or who becomes employed by the Purchaser (collectively, the
"Continued Employees") to have a fully nonforfeitable right to such employee's
account balances, if any, under the defined contribution individual account plan
currently participated in by employees of IQ2.net (the "Seller 401(k) Plan").
Effective as of the Closing Date, Purchaser shall establish or shall extend
coverage to each Continued Employee under Purchaser's current defined
contribution plan (the "Purchaser Plan") qualified pursuant to Sections 401(a)
and 401(k) of the Code as it exists on the Closing Date. Each Continued Employee
who is a participant in the Seller 401(k) Plan shall cease to be an active
participant in and to accrue benefits under such plan as of the Closing Date.
The Purchaser Plan shall credit each Continued Employee with service for
purposes of eligibility to participate and vesting under the Purchaser Plan to
the extent such service was recognized for such purposed under the Seller 401(k)
Plan immediately prior to the Closing Date.

          (b)  Purchaser shall cause Purchaser's Plan to accept rollover
contributions of amounts distributed from the Seller's 401(k) plan to continued
Employees, provided and to the extent that such amounts qualify as eligible
rollover amounts.

     6.11 Vacation.
          --------

          With respect to any accrued but unused vacation time (which is
reflected as a liability on the Final Balance Sheet) to which any Continued
Employee is entitled pursuant to the vacation policy applicable to such
Continued Employee immediately prior to the Closing Date, Purchaser shall cause
IQ2.net to allow such Continued Employee to utilize such accrued vacation time
in accordance with the existing policies of Seller and IQ2.net as of the
Closing.

     6.12 QMS Contract.
          ------------

          Seller shall cause IQ2.net to terminate and/or discharge in full prior
to the Closing Date all of its liabilities and obligations under the QMS
Contract, and shall not permit IQ2.net to

                                      28
<PAGE>

enter into, or incur any obligation or liability under any, product development
or licensing agreement or other contract or agreement with QMS pursuant to or in
connection with the QMS Contract.

     6.13 Accelerated Vesting of Employee Options.
          ---------------------------------------

          If any outstanding options, whether then vested or not, to purchase
capital stock of Seller granted to employees of the Purchased Business or
IQ2.net who will remain employees of the Purchased Business or IQ2.net on and
after the Closing Date (the "IQ2.net Employee Options") are not cancelled prior
to or within five business days following the Closing in exchange for cash
consideration on the same terms as options to purchase capital stock granted to
other employees of Seller, Seller shall, prior to or within five business days
following the Closing, take all actions necessary to vest in full and make
immediately exercisable all outstanding IQ2.net Employee Options not so
cancelled.

     6.14 Assumed Liabilities; Excluded Liabilities.
          -----------------------------------------

          Pursuant to the Assumption Agreement, Purchaser shall agree to pay,
perform and discharge the Assumed Liabilities in accordance with terms thereof
as and when due or required. Seller shall pay, perform and discharge the
Excluded Liabilities in accordance with the terms thereof as and when due or
required.

     6.15 Transition Services.
          -------------------

          Subsequent to the Closing, Seller shall provide to Naviant such
accounting, technical and other support services as Purchaser reasonably shall
request for a smooth and orderly transfer of the Purchased Business to
Purchaser.

                                  ARTICLE VII

                             CONDITIONS TO CLOSING
                             ---------------------

     7.1  General Conditions.
          ------------------

          The obligations of each party hereto to effect the transactions
contemplated by this Agreement shall be subject to the satisfaction at or prior
to the Closing of the following conditions (or the written waiver thereof by
such party):

          (a)  Orders, statutes, etc.  No order, statute, rule, regulation,
               ---------------------
executive order, stay, decree or restraining order shall have been enacted,
entered, promulgated or enforced by any court of competent jurisdiction or
governmental or regulatory authority or instrumentality of competent
jurisdiction that prohibits the consummation of the transactions contemplated
hereby.

          (b)  HSR Act.  Any waiting period applicable to the transactions
               -------
contemplated hereby pursuant to the HSR Act shall have expired or been
terminated.

                                      29
<PAGE>

          (c)  No Injunction; Litigation. No injunction or restraining order
               -------------------------
shall be in effect which forbids or enjoins the consummation of the transactions
contemplated by this Agreement, no proceedings for such purpose shall be
pending, and no federal, state, local or foreign statute, rule or regulation
shall have been enacted which prohibits, restricts or delays the consummation
hereof. No litigation or governmental investigation or proceeding seeking to
enjoin or challenging, or seeking damages or relief in connection with, the
transactions contemplated by this Agreement shall be pending, which in either
party's reasonable judgment (with advice of counsel), makes it inadvisable to
proceed with the transaction contemplated by this Agreement.

          (d)  Approvals.  All governmental and third party approvals, consents,
               ---------
licenses, permits or waivers necessary for consummation of the transactions
contemplated by this Agreement, including, without limitation, any consents
required under any Contract or IQ2.net Contract, shall have been obtained.  In
addition, no Contract or IQ2.net Contract listed on Schedule 4.3 shall have been
terminated after notice of the transactions contemplated by this Agreement shall
have been given to the required parties thereto.

     7.2  Conditions to Obligations of Seller.
          -----------------------------------

          The obligations of Seller to close the transactions contemplated by
this Agreement shall be subject to the satisfaction at or prior to the Closing
of the following conditions (or the written waiver thereof by Seller):

          (a)  Covenants and Agreements.  Purchaser shall have performed and
               ------------------------
complied with in all material respects all covenants and agreements required
under this Agreement to be performed by it at or prior to the Closing.

          (b)  Representations and Warranties.  The representations and
               ------------------------------
warranties of Purchaser contained herein shall be true and correct in all
material respects (unless such representation or warranty is by its terms
expressed in terms of materiality, in which case, such representation or
warranty shall be true and correct in all respects) at and as of the Closing
Date as if made at and as of such time except to the extent that a different
time is specifically stated in such representations and warranties.

          (c)  Deliveries.  Purchaser shall have delivered, or caused to be
               ----------
delivered, to Seller the following (which shall be in form and substance
satisfactory to Seller):

               (i)   Purchase Price - Seller shall have received the portion of
                     --------------
the Purchase Price payable directly to it, and the Escrow Agent shall have
received the Balance Sheet Adjustment Escrow Amount;

               (ii)  Opinion of Counsel - Seller shall have received an opinion
                     ------------------
of Brobeck, Phleger & Harrison, LLP, counsel to the Purchaser, covering the
transactions contemplated hereby in form and substance reasonably satisfactory
to Seller;

               (iii) Secretary's Certificate - a certificate, dated the Closing
                     -----------------------
Date, of the Secretary of Purchaser with respect to (a) the resolutions adopted
by the Board of Directors of Purchaser approving this Agreement and the
transactions contemplated hereby and (b) the

                                      30
<PAGE>

incumbency and specimen signature of each officer of Purchaser executing this
Agreement and any other agreement or certificate to be executed by Purchaser and
a certification by another officer of Purchaser as to the incumbency and
specimen signature of the Secretary of the Purchaser;

               (iv)  Officer's Certificate  - a certificate, substantially in a
                     ---------------------
form attached hereto as Exhibit D-1 and by this reference incorporated herein,
                        -----------
dated the Closing Date and signed by an executive officer of Purchaser expressly
certifying that the conditions set forth in Sections 7.2(a) and 7.2(b) have been
met;

               (v)   Escrow Agreement - the Purchaser shall have executed an
                     ----------------
Escrow Agreement with Seller and the Escrow Agent in substantially the form
attached hereto as Exhibit C; and
                   ---------

               (vi)  [Reserved]; and

               (vii) Cooperation Agreement.  Purchaser shall have entered into a
                     ---------------------
Cooperation Agreement with Seller in substantially the form attached hereto as
Exhibit L.
---------

     7.3  Conditions to Obligations of Purchaser.
          --------------------------------------

          The obligation of Purchaser to close the transactions contemplated
hereby shall be subject to the fulfillment and satisfaction, prior to or at the
Closing, of the following conditions (or the written waiver thereof by
Purchaser):

          (a)  Representations, Warranties and Covenants. The representations
               -----------------------------------------
and warranties of Seller contained in this Agreement shall be true and correct
in all material respects (unless such representation or warranty is by its terms
expressed in terms of materiality, in which case, such representation or
warranty shall be true and correct in all respects) on and as of the Closing
Date with the same force and effect as though made on and as of the Closing
Date, except to the extent that a different time is specifically stated in such
representations and warranties. Seller shall have performed and complied in all
material respects with all covenants and agreements required by this Agreement
to be performed or complied with by Seller on or prior to the Closing Date.

          (b)  No Change in Capital Structure.  No dividends, distributions, new
               ------------------------------
options or equity shall be paid or issued by IQ2.net, and no other changes in
the capitalization of IQ2.net shall have occurred between March 31, 1999 and the
Closing Date.

          (c)  Material Adverse Change.  Since March 31, 1999, there shall not
               -----------------------
have been a material adverse change in the assets or properties (including,
without limitation, the Transferred Assets), business, financial condition or
results of operations of IQ2.net and the Purchased Business, taken as a whole,
other than changes affecting the database research industry generally.

          (d)  Deliveries.  Seller shall have delivered, or caused to be
               ----------
delivered, to Purchaser the following (which shall be in form and substance
satisfactory to Purchaser).

                                      31
<PAGE>

               (i)    Officer's Certificate  - a certificate, substantially in a
                      ---------------------
form attached hereto as Exhibit D-2 and by this reference incorporated herein,
                        -----------
dated the Closing Date and signed by an executive officer of Seller expressly
certifying that the conditions set forth in Sections 7.3(a) and 7.3(b) have been
met;

               (ii)   Opinion of Counsel - an opinion of counsel for Seller
                      ------------------
covering the transactions contemplated hereby in form and substance reasonably
satisfactory to Purchaser;

               (iii)  Secretary's Certificate - a certificate, dated the Closing
                      -----------------------
Date, of the Secretary of Seller with respect to (a) the resolutions adopted by
the Board of Directors of Seller approving this Agreement and the transactions
contemplated hereby and (b) the incumbency and specimen signature of each
officer of Seller executing this Agreement and any other agreement or
certificate to be executed by Seller and a certification by another officer of
Seller as to the incumbency and specimen signature of the Secretary of the
Seller;

               (iv)   General Assignment and Bill of Sale - an original general
                      -----------------------------------
assignment and bill of sale, substantially in the form attached hereto as
Exhibit A and by this reference incorporated herein;
---------

               (v)    Stock Certificates and Stock Powers - Seller shall
                      -----------------------------------
deliver to Purchaser certificates evidencing all outstanding shares of the
IQ2.net Common Stock which are duly endorsed for transfer thereon or by means of
duly executed stock powers attached thereto;

               (vi)   Escrow Agreement - the Seller shall have executed an
                      ----------------
Escrow Agreement with Purchaser and the Escrow Agent in substantially the form
attached hereto as Exhibit C;
                   ---------

               (vii)  Intellectual Property Assignment - an original assignment
                      --------------------------------
of all Seller's Intellectual Property related to the Purchased Business,
including that set forth in Schedule 1.1(a)(i) of the Disclosure Schedules,
                            -----------------
substantially in the form attached hereto as Exhibit B and by this reference
                                             ---------
incorporated herein (the "Intellectual Property Agreement");
                          -------------------------------

               (viii) [Reserved];

               (ix)   Resignations of Directors and Officers - Each of the
                      --------------------------------------
directors and officers of IQ2.net shall have delivered to Purchaser written
letters of resignation resigning such director's or officer's position with
IQ2.net as of the Closing Date;

               (x)    Acceptance of Employment Offers - Dr. Charles Stryker and
                      -------------------------------
at least 70% of the individuals listed on Schedule 6.9 hereof (or such other
                                          ------------
number as shall be acceptable to Purchaser) shall have accepted employment with
Purchaser on or before the Closing on terms and conditions acceptable to
Purchaser;

               (xi)   Employment Agreements - Each of Dr. Charles Stryker, and
                      ---------------------
any other person listed on Schedule 6.9 hereof employed by Purchaser in
                           ------------
connection with the transactions contemplated by this Agreement, shall have
entered into the Purchaser's standard Employment Agreement in substantially the
form attached hereto as Exhibit E;
                        ---------

                                      32
<PAGE>

               (xii)  License Agreement - Seller shall have entered a License
                      -----------------
Agreement with Purchaser and IQ2.net substantially in the form attached hereto
as Exhibit K relating to the Reply Quest software developed by Seller; and
   ---------

               (xiii) Cooperation Agreement - Seller shall have entered into a
                      ---------------------
Cooperation Agreement with Purchaser substantially in the form attached hereto
as Exhibit L.
   ---------

          (e)  Financing.  Purchaser shall have obtained Financing resulting
               ---------
in net proceeds to Purchaser of at least $60 million on substantially the terms
set forth in the terms sheet with respect thereto previously provided to Seller.

          (f)  Records.  Seller shall have delivered to Purchaser copies (which
               -------
shall be true, complete and accurate in all material respects) of the following
accounting and tax records and books of account of Seller relating primarily to
the Purchased Business or IQ2.net in form acceptable to Purchaser: (i) current
accounts receivable and accounts payable files, including copies of all open
invoices, (ii) reconciliations of all bank statements relating to deposit
accounts included in the Transferred Assets or held by IQ2.net, (iii) sales tax
records for the one-year period on the Closing Date, and (iv) payroll records
for the one-year period ending on the Closing Date.

          (g)  Required Consents.  All notices, declarations, reports and other
               -----------------
filings and registrations with, and all waivers, consents, approvals and
authorizations of, any governmental or regulatory authority or instrumentality
or any other person required to be submitted, made or obtained by Seller or
IQ2.net in connection with the execution, delivery or performance of this
Agreement or the Seller Agreements or the consummation of the transactions
contemplated hereby or thereby, shall have been submitted, given, made or
obtained, except where the failure to give notice, declare, report, file, or
obtain any waiver, consent, approval or authorization does not and would not
reasonably be expected to have a material adverse effect on the ability of the
parties hereto to consummate the transactions contemplated by this Agreement or
a Material Adverse Effect.

                                  ARTICLE VIII

                          SURVIVAL OF REPRESENTATIONS
                          ---------------------------

          None of the representations and warranties of Seller contained in or
made pursuant to this Agreement or contained in any certificate, document or
instrument delivered pursuant to or in connection with this Agreement or the
transactions contemplated hereby shall survive the Closing.  Covenants and
agreements set forth in this Agreement to be performed after the Closing will
survive the Closing in accordance with their respective terms. No claim shall be
made or action brought by any party after the Closing for the breach of any
representation or warranties in this Agreement or in any instrument delivered
pursuant to this Agreement or with respect to any agreement or covenant in this
Agreement or in any instrument delivered pursuant to this Agreement, except with
respect to those that by their terms contemplate performance after the Closing.

                                      33
<PAGE>

                                   ARTICLE IX

                         TERMINATION; AMENDMENT; WAIVER
                         ------------------------------

     9.1  Termination.
          -----------

          This Agreement may be terminated at any time prior to the Closing Date
as follows:

          (a)  by the Seller or Purchaser if the Closing shall not have occurred
on or before September 30, 1999, which date may be extended by mutual consent of
the parties, provided that the right to terminate this Agreement under this
Section 9.1(a) shall not be available to any party whose failure to fulfill any
obligation under this Agreement has been the cause of, or resulted in, the
failure of the Closing to occur on or before such date;

          (b)  by Seller upon written notice to Purchaser if Purchaser has
materially breached any representation, warranty, covenant or agreement
contained herein and has not cured such breach within twenty (20) days of
receipt of written notice from the Seller or by the Closing Date, if earlier and
such breach will result in a condition to Seller's obligation to consummate the
transactions contemplated hereby not to be satisfied;

          (c)  by Purchaser upon written notice to Seller if the Seller has
materially breached any representation, warranty, covenant or agreement
contained herein and has not cured such breach within twenty (20) days of
receipt of written notice from the Purchaser or by the Closing Date, if earlier
and such breach will result in a condition to Purchaser's obligation to
consummate the transactions contemplated hereby not to be satisfied;

          (d)  by Seller or Purchaser if any court of competent jurisdiction or
governmental body shall have issued an order, decree or ruling or taken any
other action permanently restraining, enjoining or otherwise prohibiting the
Transfer and such order, decree or ruling shall have become final and
nonappealable;

          (e)  by the Purchaser if the Board of Directors of Seller (i) fails to
approve the this Agreement and the transactions contemplated hereby because it
does not believe this Agreement and the transactions contemplated hereby to be
fair to and in the best interest of Seller and its stockholders, (ii) adopts
resolutions approving or otherwise authorizes or recommends to Seller's
stockholders a Superior Proposal, or (iii) prior to the Closing Date, the Seller
has entered into an agreement to engage in a Superior Proposal with any person
other than Purchaser;

          (f)  at any time with the mutual written consent of Purchaser and
Seller; or

          (g)  by the Seller if the Board of Directors of Seller determines to
accept a Superior Proposal.

                                      34
<PAGE>

     9.2  Effect of Termination.
          ---------------------

          If this Agreement is terminated as provided in Section 9.1, this
Agreement shall forthwith become void and have no effect, without liability on
the part of any party, its directors, officers or stockholders, other than as
set forth in the provisions of this Section 9.2, Section 10.9 relating to
expenses, Section 6.6 relating to publicity and Section 10.1 relating to
confidentiality to the extent provided therein and Section 9.3.  Nothing
contained in Section 9.2 or 9.3 shall relieve any party from liability for any
breach of any representation, warranty, covenant or agreement contained in this
Agreement occurring before such termination.

     9.3  Termination Fee.
          ---------------

          (a)  Seller will make a cash payment to Purchaser of $1,500,000 if and
only if prior to the Closing Date:

               (i)  The Purchaser terminates this Agreement pursuant to
Section 9.1(e) hereof; or

               (ii) The Seller terminates this Agreement pursuant to
Section 9.1 (g) hereof.

          (b)  If Purchaser terminates this Agreement pursuant to Section
9.1(c), Seller will make a cash payment to Purchaser of $300,000;

          (c)  If Purchaser terminates this Agreement pursuant to Section 9.1(c)
prior to the Closing Date and Seller or any affiliate thereof enters into a
definitive agreement within 180 days after the date of such termination to sell
all or substantially all of the Purchased Business in any one or series of
transactions, whether by sale of assets, merger consolidation or otherwise,
Seller shall make a cash payment of $1,200,000 to Purchaser (in addition to the
payment required by Section 9.3(b));

          (d)  Any payment required by this section will be payable (by wire
transfer of immediately available funds to an account designated by the party
entitled to such payment) within five (5) business days after receipt by Seller
from Purchaser of a demand for such payment.

     9.4  Assignment.
          ----------

          This Agreement shall be binding upon, and inure to the benefit of, the
parties and their respective successors and permitted assigns. This Agreement or
any rights or obligations hereunder shall not be assignable by any party, except
that either Seller or Purchaser may after the Closing (i) assign any or all of
its rights and interests hereunder (A) to one or more of its affiliates or (B)
in connection with the transfer of all or substantially all of its assets
(provided that any transferee shall expressly assume its liabilities and
obligations under this Agreement), (ii) designate one of more of its affiliates
to perform its obligations hereunder or (iii) pledge its rights hereunder to a
lender as security for any financing or refinancing (provided that Seller and
Purchaser shall nonetheless remain liable and responsible for the performance of
all of their

                                      35
<PAGE>

respective obligations hereunder in the case of any of the foregoing). Any
attempted assignment made in violation of this Section 9.4 shall be null and
void.

     9.5  Waiver.
          ------

          The terms of this Agreement may be waived only by a written instrument
signed by the party waiving compliance.  No waiver of any provision of this
Agreement shall be deemed or shall constitute a waiver of any other provision
hereof (whether or not similar), nor shall such waiver constitute a continuing
waiver unless otherwise expressly provided.

     9.6  Time of the Essence.
          -------------------

          The parties agree that time is of the essence in respect to the
consummation of all of the transactions contemplated by this Agreement.

                                   ARTICLE X

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

     10.1 Confidentiality.
          ---------------

          In the event that the transactions contemplated by this Agreement are
consummated, Seller shall treat the Confidential Information as confidential,
shall preserve the confidentiality thereof and shall not duplicate or use the
Confidential Information, and shall use all reasonable efforts to ensure that
its officers, directors, employees and affiliates who have had access to the
Confidential Information keep the Confidential Information confidential and do
not use the Confidential Information.  The letter agreement dated April 8, 1999,
by and among the parties hereto relating to confidentiality (the
"Confidentiality Agreement") is hereby confirmed and acknowledged as a
continuing obligation of the parties and shall survive the Closing of the
transactions contemplated in this Agreement, and each party hereby represents
that it has, at all times since the execution of the Confidentiality Agreement,
complied with the provisions contained therein.

     10.2 [Reserved].
           --------

     10.3 Title, Possession and Risk of Loss.
          ----------------------------------

          The title to, possession of and risk of loss, destruction or damage
with respect to the Purchased Business and the Transferred Assets shall pass to
Purchaser as of the time of Closing; provided, however, that this Section 10.3
                                     --------  -------
shall not diminish, limit or otherwise impair in any manner Purchaser's or
Seller's rights under the other provisions of this Agreement or the instruments,
agreements, certificates and documents to be executed and delivered in
connection herewith that apportion liability among the parties with respect to
events, occurrences, omissions or other matters arising or occurring during
specific periods.

                                      36
<PAGE>

     10.4 Entire Agreement; Amendments.
          ----------------------------

          This Agreement, the other documents delivered in connection herewith
and the Confidentiality Agreement constitute the entire agreement of the parties
with respect to the subject matter hereof and supersede all other prior
agreements and understandings, both written and oral, among the parties, or any
of them, with respect to the subject matter hereof. The representations,
warranties, covenants and agreements set forth in this Agreement constitute all
the representations, warranties, covenants and agreements of the parties hereto
and their respective shareholders, directors, officers, employees, affiliates,
advisors (including financial, legal and accounting), agents and representatives
and upon which the parties have relied, and except as specifically provided
herein, no change, modification, amendment, waiver, addition or termination of
this Agreement or any part thereof shall be valid unless in writing and signed
by or on behalf of the party to be charged therewith. No delay on the part of
any party hereto in exercising any right, power or privilege hereunder shall
operate as a waiver thereof, nor shall any single or partial exercise of any
right, power or privilege hereunder preclude any other or further exercise
thereof or the exercise of any other right, power or privilege hereunder. Unless
otherwise provided, the rights and remedies herein provided are cumulative and
are not exclusive of any rights or remedies which the parities hereto may
otherwise have at law or in equity. Whenever this Agreement requires or permits
consent by or on behalf of a party, such consent shall be given in writing in a
manner consistent with the requirements for a waiver of compliance as set forth
in this Section 10.4.

     10.5 Power of Attorney.
          -----------------

          Effective upon the Closing Date, Seller hereby irrevocably constitutes
and appoints Purchaser as its true and lawful attorney-in-fact, with full power
of substitution, in the name of Seller, on behalf of and for the benefit of the
Purchaser, to endorse, without recourse, checks, notes and other instruments
included in the Transferred Assets in the name of Seller. Seller agrees that the
foregoing powers are coupled with an interest and shall be irrevocable by
Seller. Seller further agrees that Purchaser shall retain for its own account
any amounts collected pursuant to the foregoing powers and Seller shall promptly
transfer and deliver to Purchaser any cash or other property received by Seller,
directly or indirectly, at any time after the Closing Date in respect of any
accounts receivable or otherwise included in the Transferred Assets transferred,
conveyed and assigned to Purchaser as provided herein.

     10.6 Certain Tax Matters.
          -------------------

          The following provisions shall govern the allocation of responsibility
as between Purchaser and Seller for certain tax matters following the Closing
Date:

          (a)  Section 338(h)(10) Election. Seller will join with Purchaser in
               ---------------------------
making an election under Section 338(h)(10) of the Code (and any corresponding
elections under state, local, or foreign tax law to the extent requested by
Purchaser or Seller) (collectively, a "Section 338(h)(10) Election") with
respect to the purchase and sale of the stock of IQ2.net hereunder.

          (b)  Tax Periods Ending on or Before the Closing Date. Seller shall
               ------------------------------------------------
prepare or cause to be prepared and file or cause to be filed all Tax Returns
for Seller and any Affiliate

                                      37
<PAGE>

(other than IQ2.net) for all periods ending on or prior to the Closing Date
which are filed after the Closing Date, and any income Tax Return of IQ2.net
with respect to periods for which a consolidated, unitary or combined income Tax
Return of Seller or an Affiliate will include the operations of IQ2.net.
Purchaser shall prepare or cause to be prepared and file or cause to be filed
any Tax Returns of IQ2.net for periods ending on or prior to the Closing Date
which are filed after the Closing Date, other than those income Tax Returns of
IQ2.net which are filed as part of a consolidated, unitary or combined income
Tax Return of Seller or an Affiliate as set forth in the preceding sentence.

          (c)  Tax Periods Beginning Before and Ending After the Closing Date.
               --------------------------------------------------------------
Purchaser shall prepare or cause to be prepared and file or cause to be filed
all Tax Returns of IQ2.net for all periods which begin before the Closing Date
and end after the Closing Date

          (d)  Cooperation on Tax Matters.
               --------------------------

               (i)   Purchaser, Seller and IQ2.net shall cooperate fully, as and
to the extent reasonably requested by the other party, in connection with the
filing of Tax Returns pursuant to this Section and any audit, litigation or
other proceeding with respect to Taxes. Such cooperation shall include the
retention and (upon the other party's request) the provision of records and
information which are reasonably relevant to any such audit, litigation or other
proceeding and making employees available on a mutually convenient basis to
provide additional information and explanation of any material provided
hereunder. Purchaser and Seller agree (A) to retain all books and records with
respect to Tax matters pertinent to Seller and IQ2.net relating to any taxable
period beginning before the Closing Date until the expiration of the statute of
limitations (and, to the extent notified by Purchaser, any extensions thereof)
of the respective taxable periods, and to abide by all record retention
agreements entered into with any taxing authority, and (B) to give the other
party reasonable written notice prior to transferring, destroying or discarding
any such books and records and, if the other party so requests, Purchaser or
Seller, as the case may be, shall allow the other party to take possession of
such books and records.

               (ii)  Purchaser and Seller further agree, upon request, to use
their best efforts to obtain any certificate or other document from any
governmental authority or any other person or entity as may be necessary to
mitigate, reduce or eliminate any Tax that could be imposed (including, but not
limited to, with respect to the transactions contemplated hereby).

               (iii) Purchaser and Seller further agree, upon request, to
provide the other party with all information that either party may be required
to report pursuant to Section 6043 of the Code and all Treasury Department
Regulations promulgated thereunder.

          (e)  Tax Contests.  As of the Closing Date, Purchaser shall have the
               ------------
sole right and responsibility for  conducting any audit, examination, proceeding
or litigation with respect to any Tax of IQ2.net.

          (f)  Certain Taxes. All transfer, documentary, sales, use, stamp,
               --------------
registration and other such Taxes and fees (including any penalties and
interest) incurred in connection with this Agreement, shall be paid by Seller
when due, and Seller will, at its own expense, file all

                                      38
<PAGE>

necessary Tax Returns and other documentation with respect to all such transfer,
documentary, sales, use, stamp, registration and other Taxes and fees, and, if
required by applicable law, Purchaser will, and will cause its affiliates to,
join in the execution of any such Tax Returns and other documentation.

          (g)  Indemnification.  Seller shall indemnify, defend and hold IQ2.net
               ---------------
harmless from and against any and all Taxes attributable to the business, assets
or operations of any other member of any consolidated, combined or unitary group
which IQ2.net is required to pay in accordance with the provisions of Treas.
Reg. (S)1.1502-6 (or any similar provision of state, local, or foreign law).

     10.7 Further Assurances.
          ------------------

          From time to time after the Closing, (i) Seller will execute and
deliver, or cause its affiliates to execute and deliver, to Purchaser such
instruments of sale, transfer, conveyance, assignment and delivery, and such
consents, assurances, powers of attorney and other instruments as may be
reasonably requested by Purchaser or its counsel in order to vest in Purchaser
all right, title and interest of Seller in and to the Transferred Assets free
and clear of all Encumbrances other than Permitted Encumbrances and otherwise in
order to carry out the purpose and intent of this Agreement and (ii) Purchaser
will execute and deliver, or cause its affiliates to execute and deliver, to
Seller such instruments of assumption and other instruments as may be reasonably
requested by Seller or its counsel in order to vest in Purchaser all obligations
relating to the Assumed Liabilities and otherwise in order to carry out the
purposes and intent of this Agreement.

     10.8 Notices.
          -------

          Any notices or other communications required or permitted hereunder or
otherwise in connection herewith shall be in writing and shall be deemed to have
been duly given when delivered in person or transmitted by facsimile
transmission or on receipt after dispatch by registered or certified mail,
postage prepaid, addressed, as follows:

If to Seller to:

                    IntelliQuest Information Group, Inc.
                    1250 S. Capital of Texas Highway
                    Suite 600
                    Austin, TX 78746
                    Facsimile: (512) 314-1878
                    Attention: Brian Sharples, President and CEO

                                      39
<PAGE>

With a required copy (which shall not constitute notice) to:

                    Latham & Watkins
                    135 Commonwealth Drive
                    Menlo Park, California 94025
                    Facsimile: (650) 463-2600
                    Attention: Peter Kerman, Esq.

If to Purchaser to:

                    Naviant Technology Solutions, Inc.
                    14 Campus Boulevard, Suite 200
                    Newtown Square, Pennsylvania 19073-3279
                    Facsimile: (610) 355-2428
                    Attention: James M. Flynn, President and CEO

With a required copy (which shall not constitute notice) to:

                    Brobeck, Phleger & Harrison LLP
                    301 Congress Avenue, Suite 1200
                    Austin, Texas 78701
                    Facsimile: (512) 477-5813
                    Attention: Carmelo M. Gordian, P.C.

or such other address as the person to whom notice is to be given has furnished
in writing to the other parties. A notice of change in address shall not be
deemed to have been given until received by the addressee.

     10.9  Expenses.
           --------

           Each party hereto shall pay their own respective costs and expenses
incurred in connection with this Agreement, and the transactions contemplated
hereby (including without limitation all broker, investment banking, legal and
other professional fees) and, regardless of whether such transaction is
consummated or the Agreement is entered into by the parties. Without limiting
the generality of the foregoing, Seller shall pay all applicable sales, use,
transfer and documentary taxes arising out of the purchase and sale of the
Transferred Assets. The parties agree to cooperate to minimize the taxes arising
from the transactions contemplated by this Agreement, including where practical,
but not limited to, the electronic transmission of Intellectual Property so as
to limit the application of sales and use taxes.

     10.10 Dispute Resolution.
           ------------------

           The parties desire that any controversy or claim arising out of or
related to this Agreement, other than claims or controversies arising under
Section 6.7 (Competition; Non-Solicitation) or Article IX (Termination)
(collectively, the "Arbitral Disputes"), be resolved in an expeditious and
efficient manner exclusively in accordance with this dispute resolution
procedure.  A dispute under this clause shall be initiated by delivering written
notice to the other

                                      40
<PAGE>

party briefly stating the nature of the dispute and requesting resolution.
Except as otherwise specified, each party shall bear its own costs and fees
relating to any dispute.

          (a)  Informal Resolution.  The parties agree that before initiation
               -------------------
of any legal or arbitration proceeding with respect to any issue arising out of
the transactions contemplated by the Agreement, they shall cause their
respective representatives to attempt to resolve in good faith all disputes
between the parties. The parties agree that they will cause, in the case of
Purchaser, James M. Flynn or his successor-in-interest, and, in the case of
Seller, Brian Sharples or his successor-in-interest, to meet in person in
Austin, Texas, to attempt in good faith to resolve such dispute within fifteen
business days of notification of such dispute. In the event that the
representatives are unable to resolve such a dispute, the aggrieved party must
refer the dispute to mediation under paragraph (b).

          (b)  Mediation.  In the event any dispute is not resolved by a
               ---------
meeting of the parties, the dispute shall be referred to non-binding mediation.
The mediation shall occur within 40 days of the meeting of the parties.
Mediation fees shall be split equally among the parties. The mediator shall be
selected by agreement of the parties or, in the event of no agreement, shall be
designated by Judicial Arbitration and Mediation Services ("JAMS"). The
mediation shall be attended by the parties' representatives designated in
paragraph (a) and, if desired, the parties' attorneys.

          (c)  Arbitration.  In the event a dispute is not resolved by mediation
               -----------
pursuant to Section (b), the aggrieved party shall refer any Arbitral Dispute to
binding arbitration. The aggrieved party shall be entitled to seek judicial
review of any non-Arbitral Disputes. The arbitration shall be governed by the
procedures set forth below. The arbitrator shall give written notice to the
parties of the arbitrator's determination, which shall be binding on the
parties. The parties agree to act in compliance with the arbitrator's
determination, and judgment upon the same may be entered by any court of
competent jurisdiction.

               (i)   Selection of Arbitrator.  Within 30 days of referral of a
                     -----------------------
dispute to arbitration, a single arbitrator will be selected by agreement of the
parties or, in the event of no agreement, shall be designated by JAMS.

               (ii)  Discovery.  The parties agree to submit discovery plans to
                     ---------
the arbitrator within 15 days following the date that the arbitrator accepts his
appointment to this matter. The discovery plan will describe all discovery
contemplated. The arbitrator will schedule a meeting of counsel to occur within
15 days of his receipt of the discovery plans, at which time the arbitrator will
issue a written order scheduling dates for all depositions and completion dates
for all additional discovery. The written discovery plan may only be modified by
a written order from the arbitrator. The parties may request, in their discovery
plans, and the arbitrator shall be empowered to impose, limitations on the
nature and quantity of discovery to be conducted.

               (iii) Procedure.  The arbitration hearing shall take place in
                     ---------
Austin, Texas within 90 days of the arbitrator's acceptance of his appointment.
The hearing is not to exceed two days.  Introduction of evidence and testimony
at the hearing will be subject to the

                                      41
<PAGE>

Federal Rules of Civil Procedure. Each party is entitled to be heard, to present
material evidence and testimony, and to cross-examine witnesses appearing at the
hearing.

               (iv)  Limitation on Damages.  The arbitrator may not award
                     ---------------------
exemplary or punitive damages.

     10.11  Severability.
            ------------

            In the event that any one or more of the provisions or parts of a
provision contained in this Agreement shall for any reason be held to be
invalid, illegal or unenforceable in any respect in any jurisdiction, such
invalidity, illegality or unenforceability shall not affect any other provision
or part of a provision of this Agreement or any other jurisdiction, but this
Agreement shall be reformed and construed in any such jurisdiction as if such
invalid or illegal or unenforceable provision or part of a provision had never
been contained herein and such provision or part shall be reformed so that it
would be valid, legal and enforceable to the maximum extent permitted in such
jurisdiction.

     10.12  Governing Law.
            -------------

            This Agreement shall be governed by and construed in accordance with
the laws of the State of Delaware applicable to contracts executed and performed
in such State, without giving effect to conflicts of laws principles.

     10.13  Bulk Sales Laws.
            ---------------

            The parties hereby waive compliance with the Bulk Sales Laws of any
state in which the Transferred Assets are located or in which operations
relating to the Purchased Business are conducted.

     10.14  Counterparts.
            ------------

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

     10.15  Headings; Interpretation; Disclosure Schedule.
            ---------------------------------------------

            The descriptive headings of the several Articles and Sections of
this Agreement are inserted for convenience only and do not constitute a part of
this Agreement. References to Sections or Articles, unless otherwise indicated,
are references to Sections of this Agreement. The parities have participated
jointly in the negotiation and drafting of this Agreement. In the event an
ambiguity or question of intent or interpretation arises, this Agreement shall
be construed as if drafted jointly by the parties and no presumption or burden
of proof shall arise favoring or disfavoring any party by virtue of the
authorship of any of the provisions of this Agreement. The word "including"
means including without limitation. Words (including defined terms) in the
singular shall be held to include the plural and vice versa and words of one
gender shall be held to include the other gender as the context requires. The
terms "hereof", "herein" and "herewith" and words of similar import shall,
unless otherwise stated, be construed

                                      42
<PAGE>

to refer to this Agreement as a whole (including all of the Schedules and
Exhibits hereto) and not to any particular provision of this Agreement unless
otherwise specified. It is understood and agreed that neither the specifications
of any dollar amount in this Agreement nor the inclusion of any specific item in
the Schedules or Exhibits is intended to imply that such amounts or higher or
lower amounts, or the items so included or other items, are or are not material,
and neither party shall use the fact of setting of such amounts or the fact of
the inclusion of such item in the Schedules or Exhibits in any dispute or
controversy between the parties as to whether any obligation, item or matter is
or is not material for purposes hereof.

     10.16  Consent to Jurisdiction.
            -----------------------

            Each of the parties hereto hereby irrevocably and unconditionally
submits, for itself and its property, to the exclusive jurisdiction of any
Delaware State court, or Federal court of the United States of America, sitting
in Delaware, and any appellate court from any thereof, in any action or
proceeding arising out of or relating to this Agreement or the agreements
delivered in connection herewith or the transactions contemplated hereby or
thereby or for recognition or enforcement of any judgment relating thereto, and
each of the parties hereby irrevocably and unconditionally (i) agrees not to
commence any such action or proceeding except in such courts, (ii) agrees that
any claim in respect of any such action or proceeding may be heard and
determined in such Delaware State court or, to the extent permitted by law, in
such Federal court, (iii) waives, to the fullest extent it may legally and
effectively do so, any objection which it may now or hereafter have to the
laying of venue of any such action or proceeding in any such Delaware State or
Federal court, and (iv) waives, to the fullest extent permitted by law, the
defense of an inconvenient forum to the maintenance of such action or proceeding
in any such Delaware State or Federal court. Each of the parties hereto agrees
that a final judgment in any such action or proceeding shall be conclusive and
may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by law. Each party to this Agreement irrevocably consents to
service of process in the manner provided for notices in Section 10.8. Nothing
in this Agreement will affect the right of any party to this Agreement to serve
process in any other manner permitted by law.

     10.17  Waiver of Jury Trial.
            --------------------

            EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY
ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT
IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR
INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY OF THE
AGREEMENTS DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY.  EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE EITHER OF SUCH WAIVERS, (ii) IT UNDERSTANDS AND HAS CONSIDERED THE
IMPLICATIONS OF SUCH WAIVERS, (iii) IT MAKES SUCH WAIVERS VOLUNTARILY, AND (iv)
IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG

                                      43
<PAGE>

OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 10.17.

     10.18  Indemnification.
            ---------------

            Seller shall indemnify, defend and hold Purchaser and its officers,
directors, employees and affiliates harmless from and against any and all
claims, actions, suits, proceedings, investigations, losses, costs, damages and
expenses, including reasonable attorneys' fees and expenses, incurred by any of
them arising out of or relating to approval by the stockholders of Seller of the
transactions contemplated by this Agreement.

                            [SIGNATURE PAGE FOLLOWS]

                                      44
<PAGE>

     IN WITNESS WHEREOF, each of the parties hereto has caused this Asset
Purchase Agreement to be executed on its behalf by its duly authorized officer,
all as of the day and year first written above.

                                        PURCHASER
                                        ---------

                                        NAVIANT TECHNOLOGY SOLUTIONS, INC.

                                        By:____________________________________
                                           James M. Flynn
                                           President and Chief Executive Officer

                                        SELLER
                                        ------

                                        INTELLIQUEST INFORMATION GROUP, INC.

                                        By:____________________________________
                                           Brian Sharples
                                           President and Chief Executive Officer

                  [SIGNATURE PAGE TO ASSET PURCHASE AGREEMENT]
<PAGE>

                              DISCLOSURE SCHEDULES
<PAGE>

                                   EXHIBIT A

                          ASSIGNMENT AND BILL OF SALE
<PAGE>

                                   EXHIBIT B

                       INTELLECTUAL PROPERTY ASSIGNMENT
<PAGE>

                                   EXHIBIT C

                               ESCROW AGREEMENT
<PAGE>

                                   EXHIBIT D

                             OFFICER'S CERTIFICATE
<PAGE>

                                   EXHIBIT E

                             EMPLOYMENT AGREEMENT
<PAGE>

                                   EXHIBIT F

                                  [RESERVED]
<PAGE>

                                   EXHIBIT G

                                  [RESERVED]
<PAGE>

                                   EXHIBIT H

                          ALLOCATION OF PURCHASE PRICE
<PAGE>

                                   EXHIBIT I

                              ASSUMPTION AGREEMENT
<PAGE>

                                   EXHIBIT J

                                   [RESERVED]
<PAGE>

                                   EXHIBIT K

                               LICENSE AGREEMENT
<PAGE>

                                   EXHIBIT L

                             COOPERATION AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00003-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00003-of-00352.parquet"}]]