Document:

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                                                                   EXHIBIT 10.18

                           STOCK PURCHASE AGREEMENT
                           ------------------------

     AGREEMENT dated as of March 16, 1999 by and among Dast Corporation, d.b.a.
Microcom Technologies, a New York corporation (the "Company") and Seacoast
                                                    -------
Capital Partners Limited Partnership, a Delaware limited partnership
(hereinafter referred to as either "Seacoast" or the "Purchaser") and Daniel
                                    --------          ---------
Nissanoff (the "Founder")
                -------

                                 Introduction
                                 ------------

     The Purchaser wishes to purchase an aggregate of (i) 24,490 shares of the
Company's preferred stock, $0.1 par value per share (the "Preferred Shares"),
and the Company wishes to sell the Preferred Shares to the Purchaser. The
Founder, as director, officer and principal stockholder of the Company, wishes
to induce the Purchaser to purchase the Preferred Shares and to cause the
Company to sell the Preferred Shares to the Purchaser.

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

                                   ARTICLE I
                 PURCHASE AND SALE OF SENIOR PREFERRED SHARES;
                   PURCHASE PRICE; CLOSING; PRIOR AGREEMENTS

     Section 1.01. Purchase and Sale of Preferred Shares.  In reliance upon the
     ------------  -------------------------------------
representations and warranties contained herein, and subject to the terms and
conditions hereof, the Company agrees to issue and sell to the Purchaser, and
Purchaser agrees to purchase from the Company, the number of Preferred Shares
indicated next to Purchaser's name on Schedule 1.01 hereto.

     Section 1.02  Purchase Price. The aggregate purchase price for the
     ------------  --------------
Preferred Shares shall be $3,000.000 (the "Purchase Price") which shall be an
                                           --------------
amount equal to the principal owed and outstanding as of the date first set
forth above on that certain Senior Subordinated Note, dated July 30, 1997, in
the original principal amount of $3,000.000, executed by the Company in favor of
Purchaser (the "Note"). The Purchase Price to be paid by Purchaser shall be
payable at the Closing (as hereinafter defined) by transferring the Note to the
Company marked "paid in full": provided that the Company has paid all accrued
                               -------- ----
interest and all accrued fees and expenses (including fees and expenses incurred
in connection with the pay off of the Note) owing on and in connection with the
Note to the Purchaser such that the only amount which remains owing on the Note
at the Closing is principal.

     Section 1.03. Closing. The purchase price and sale of the Preferred Shares
     ------------  -------
shall take place at a closing (the "Closing") to be held at the offices of
Choate, Hall & Stewart, Exchange Place, Boston, Massachusetts, or such other
place as is agreed to by the parties, on March 16, 1999, or if the conditions to
Closing specified herein are not then satisfied or waived such date

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which is five (5) business days after the satisfaction or waiver of such
conditions (the "Closing Date").
                 ------------

     Section 1.04. Prior Agreements. In connection herewith, (i) Purchaser will
     ------------  ----------------
exercise its Warrant dated July 30, 1997 (the "Warrant") for 50,000 shares of
common stock (which represents the total number of shares, as adjusted, subject
to the Warrant Purchase Agreement dated July 30, 1997, by and among the Company,
Daniel Nissanoff, Stacy Jargowsky Nissanoff and Purchaser (the "Warrant Purchase
Agreement")), (ii) each party signing below hereby agrees that each pre-existing
contractual agreement (specifically excluding this Agreement and any other
agreement executed in conjunction herewith or in conjunction with the
transactions contemplated hereby) between the Company (and/or the Company's
affiliate[s]) and the Purchaser listed on Schedule 1.04, attached hereto and
                                          -------------
incorporated herein, shall be terminated upon the Closing and (iii) termination
statements for each UCC-1 Financing Statement filed by the Purchaser in
connection with the Note shall be provided to the Company within fifteen (15)
business days of the Closing Date.

                                  ARTICLE II
                 REPRESENTATIONS AND WARRANTIES OF THE COMPANY

     The Company represents and warrants to the Purchaser that the information
set forth in this Article II is true and correct as of the date hereof and will
be true and correct as of the Closing.

     Section 2.01. Organization and Standing. The Company is a corporation
     ------------  -------------------------
duly organized, validly existing and in good standing under the laws of the
State of New York. The Company has all necessary corporate power and authority
to own its properties and to carry on its business as currently conducted and as
proposed to be conducted. The Company is qualified to do business as a foreign
corporation in the States of New Jersey and Massachusetts, and is not required
to be qualified to do business as a foreign corporation in any other
jurisdiction where the failure to qualify would have a material adverse effect
on the Company.

     Section 2.02. Subsidiaries. Schedule 2.02 sets forth a list of each
     ------------  ------------  -------------
Subsidiary (as hereinafter defined). Each subsidiary is duly organized, validly
existing and in good standing under the laws of the jurisdiction of
incorporation of such Subsidiary, as set forth on Schedule 2.02. Each Subsidiary
                                                  -------------
has all necessary corporate power and authority to own its properties and to
carry on its business as currently conducted and as proposed to be conducted.
Except as set forth on Schedule 2.02, the Company has no Subsidiaries, holds no
                       -------------
securities of any other entity, is not a party to any joint venture or
partnership and has made no investment in any third party. As used herein,
"Subsidiary" means any corporation or other entity a majority of the voting
 ----------
securities or economic interest of which is held by the Company or any
Subsidiary.

     Section 2.03. Charter and By-Laws. The copies of the Certificate of
     ------------  -------------------
Incorporation and the By-Laws of the Company furnished to the Purchaser are true
and correct in all respects. As of the Closing, the Company will amend its
Certificate of Incorporation, as amended from time

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to time, the "Certificate of Incorporation," in the form attached as Schedule
              ----------------------------                           --------
2.03 hereto. The Class A Shares shall have the rights, preferences, privileges
----
and restrictions set forth in such amendment.

     Section 2.04. Validity and Enforceability. This Agreement is, and each of
     ------------  ---------------------------
the other agreements and instruments of the Company and the Founder contemplated
hereby will be the valid and binding obligations of the Company and the Founder,
enforceable in accordance with their respective terms, except as the enforcement
thereof may be limited to bankruptcy and other laws of general application
relating to creditor's rights or general principals of equity.

Section 2.05.  Capital Stock.
------------   -------------

               (a)  As of the Closing, the authorized capital stock of the
Company consists of (x) 106,122 shares of preferred stock, $.01 par value per
share, all of which shall be issued and outstanding and (y) 1,500,000 shares of
common stock (the "Common Stock") of which 408,163 will be issued and
                   ------------
outstanding or reserved for future issuance upon the exercise of outstanding
stock options and the conversion of the Preferred Shares.

               (b)  Schedule 2.05(b) hereto sets forth a complete and accurate
                    ----------------
list of all holders of the Company's outstanding capital stock, and all options,
warrants, convertible securities and other rights which may afford any person or
entity the right to acquire shares of any class of capital stock of the Company,
including, without limitation, any capital stock, option, warrant, convertible
security or other security or right which the Founder of the company has a
current intention to issue or sell, in each case prior to and immediately after
the Closing.

               (c)  Schedule 2.05(c) hereto also sets forth the authorized
                    ----------------
capital stock of each Subsidiary, the number of shares of each class outstanding
and the record and beneficial holder thereof. No Subsidiary has issued or
granted any option, warrant, convertible security or other right or agreement
which affords any person or entity the right to purchase or otherwise acquire
any shares of its capital stock.

               (d)  Neither the Company nor any Subsidiary is subject to any
obligations (contingent or otherwise) to purchase or otherwise acquire or retire
any of its equity securities (other than in accordance with the Company's
Certificate of Incorporation of this Agreement). Except as set forth on Schedule
                                                                        --------
2.05(d), no person has any right of first refusal or preemptive right in
-------
connection with the issuance of the Preferred Shares, conversion of Preferred
Shares into any class of Common Stock, Common Stock issuable upon exercise of
any stock options or the conversion of any Company indebtedness or with respect
to any future offer, sale or issuance of securities by the Company or its
shareholders, other than as set forth herein.

               (e)  The Preferred Shares, when delivered, will be duly and
validly issued and outstanding, fully paid and nonassessable, and free to the
holders thereof of any liens, encumbrances and restrictions (other than under
applicable securities laws or as set forth in any stockholders agreements to be
entered into by and between the Company and Seacoast in connection with the
consummation of the transactions contemplated by this Agreement). The

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Company has reserved a sufficient number of shares of Common Stock for issuance
upon conversion of the Preferred Shares and, when so issued, the shares of
Common Stock will be duly authorized, validly issued and outstanding, fully paid
and nonassessable, and free to the holders thereof of any liens, encumbrances
and restrictions (other than under applicable securities laws or as set forth in
any stockholders agreement to be entered into between the Company and Seacoast
in connection with the consummation of the transactions contemplated by this
Agreement).

               (f)  To the Company's knowledge, the offer and sale of all shares
of capital stock or other securities of the Company issued prior to the Closing
complied with or were exempt from all the registration provisions of federal and
state securities laws.

     Section 2.06. Compliance with Law, etc. The Company and each Subsidiary are
     ------------  ------------------------
not, and the execution, delivery and performance by the Company of this
Agreement and the other agreements contemplated hereby, the issuance and sale of
the Preferred Shares, or the taking of any other action contemplated by this
Agreement or any of such other agreements will not result in the violation of
any term of the Company's Certificate of Incorporation or Bylaws, the charter or
bylaws of any Subsidiary, or any material agreement, lease, license, mortgage,
instrument, arrangement, judgement, decree, order, law, statute, rule or
governmental regulation to which the Company or any Subsidiary is subject. The
Company and each Subsidiary have all governmental licenses, authorizations,
registrations and permits material to or necessary for the conduct of their
businesses, as currently conducted and as proposed to be conducted, all of which
licenses, registrations and permits are listed on Schedule 2.06 hereto. All such
                                                  -------------
licenses, registrations and permits are in full force and effect and there is no
proceeding pending or, to the Company's knowledge, threatened (or any basis
therefor) to revoke or limit any such license, registration or permit.

     Section 2.07. Financial Statements. The Company has delivered to the
     ------------  --------------------
Purchaser (a) its draft audited, consolidated balance sheet (the "Balance
                                                                  -------
Sheet") as at December 31, 1998 (the "Balance Sheet Date"), and the draft
-----                                 ------------------
audited, consolidated statement of income, retained earnings and cash flows of
the Company for the year then ended and (b) the consolidated balance sheet of
the Company and its Subsidiaries as at December 31, 1997 and the related
statement of income, retained earnings and cash flows for the year then ended,
audited by Ernst & Young LLP. Such financial statements and the notes thereto
are complete and accurate in all material respects and fairly present the
consolidated financial condition of the Company and its Subsidiaries at the
dates thereof and the results of operations for the periods then ended, and were
prepared in accordance with the books and records of the Company and its
Subsidiaries in conformity with generally accepted accounting principles
consistently applied during the periods covered thereby. There will be no
material difference between the information contained in the draft audited
financial statements for fiscal year 1998 and the audited financial statements
for such fiscal year.

     Section 2.08. Material Adverse Changes. Except as set forth on Schedule
     ------------  ------------------------                         --------
2.08, since the Balance Sheet Date, the Company and each Subsidiary have
----
conducted their business only in the usual and ordinary course and there as been
no (a) material adverse change in the condition (financial or otherwise),
business, properties or prospects of the Company and its Subsidiaries,

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on a consolidated basis (b) material increase in the compensation or commission
rate payable by the Company or any Subsidiaries to any officer, director,
employee or agent or bonus or similar payment (or commitment therefor) to any
officer, director, employee, agent or Affiliate (as hereinafter defined)
thereof, (c) dividend, distribution, redemption, recapitalization or other
transaction involving the Company's capital stock, except as otherwise expressly
contemplated by this Agreement, (d) material capital expenditure or commitment
therefor, or (e) material acquisition or disposition of assets or property or
commitment therefor.

     Section 2.09. Assets.
     ------------  ------

              (a)  Personal Property. Except as set forth on Schedule 2.09(a),
                   -----------------                         ----------------
the Company and each Subsidiary owns, or has a valid leasehold or license
interest in, all assets necessary for the conduct of its business as presently
conducted and as proposed to be conducted, in each case free and clear of all
liens, claims, security interests, charges and encumbrances. All of such assets
are reflected on the Balance Sheet, except to the extent acquired after the
Balance Sheet Date. All material operating assets of the Company and the
Subsidiaries are in good operating condition and repair, normal wear and tear
expected.

              (b) Real Property. The Company and each Subsidiary enjoys peaceful
                  -------------
and quiet possession of their leased premises as shown on Schedule 2.09(b) and
                                                          ----------------
have not received any notice asserting the existence of a default under any such
lease or indicating that the lessor thereunder has taken action or threatened
early termination of the lease.

     Section 2.10. Litigation. Except as set forth on Schedule 2.10, no
     ------------  ----------                         -------------
litigation, claims, actions, proceedings or investigations are pending or to the
Company's knowledge, threatened against the Company or any Subsidiary.

     Section 2.11. Tax Matters. The Company and each Subsidiary has correctly
     ------------  -----------
and timely prepared and filed all tax returns required to have been filed by it
with all appropriate federal, state and local governmental agencies and timely
paid all taxes owed by it. The charges, accruals and reserves on the books of
the Company and each Subsidiary in respect of taxes for all fiscal periods are
adequate, and there are no unpaid assessments of the Company or any Subsidiary
nor any basis for the assessment of any additional taxes, penalties or interest
for any fiscal period or audit by any federal, state or local taxing authority.
All taxes and other assessments and levies which the Company or any Subsidiary
is required to withhold or to collect for payment have been duly withheld and
collected and paid to the proper governmental entity or third party. The Company
has furnished the Purchaser with true and correct copies of all of its tax
returns, including any amendments, for all open years. There are no tax liens or
claims pending or to the Company's knowledge, threatened against the Company, or
any Subsidiary, or any of their respective assets or property. There are no
outstanding tax sharing agreements or other such arrangements between the
Company or any Subsidiary and any other corporation or entity (other than
between the Company and its Subsidiaries). The tax basis of the assets of the
Company by category, including the classification of such assets as being
depreciable or amortizable, as reflected in its tax returns, is true and correct
in all material respects. The Company does not have a current election pursuant
to Section 1362 of the Internal Revenue Code of 1986, as

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amended (the "Code") to be taxed as an S corporation. Neither the Company, any
              ----
Subsidiary nor the Founder has ever filed a consent pursuant to Section 341(f)
of the Code relating to collapsible corporations.

     Section 2.12. Material Contracts. Schedule 2.12 is a complete and accurate
     ------------  ------------------  -------------
list of all of the following kinds of contracts, agreements and arrangements
(whether written or unwritten) of the Company or any Subsidiary:

              (a)  contracts with any employee, officer, director or
stockholder, or any known relative or Affiliate (which term is used in this
Agreement as defined in the Rules promulgated under the Securities Act of 1933,
as amended (the "Act")) thereof;
                 ---

              (b)  licenses, leases, contracts and other arrangements with
respect to any property of the Company or any Subsidiary having a value or
resulting in (or required to generate) revenues to or expenses of the Company or
its subsidiaries of $100,000 or more, including without limitation, all real
estate leases, and licenses relating to the use of Intellectual Property (as
defined in Section 2.21);

              (c)  agreements, contracts or instruments relating to the
borrowing of money, the capital lease or purchase on an installment basis of any
asset or the guarantee of any of the foregoing involving more than $75,000;

              (d)  contracts with respect to which the Company or any Subsidiary
has any liability or obligation, contingent or otherwise, or which may otherwise
have a continuing effect for one year or more after the date of this Agreement,
including more than $75,000;

              (e)  contracts which place any material limitation on the method
of conducting or scope of the business of the Company or any Subsidiary; and

              (f)  any other contract which would be required to be disclosed as
an exhibit to a Registration Statement on Form S-1 under the Act filed by the
Company.

     The Company has furnished to the Purchaser copies of all such contracts
(including all amendments and modifications thereto), or written descriptions
thereof, in the case of oral contracts, and each such contract (or written
description) sets forth the entire (or material terms in the case of an
unwritten agreement) agreement and understanding between the Company or a
Subsidiary and the other parties thereto. Each such contract is valid, binding
and in full force and effect, and there is no event which has occurred or
exists, which constitutes or which, with notice, the happening of any event
and/or the passage of time, would constitute a default or breach by the Company
or a Subsidiary under any such contract or would cause the acceleration of any
obligation of any party thereto or give rise to any right to any other party of
termination or cancellation thereof. Neither the Company nor the Founder has any
reason to believe that the parties to such contracts will not fulfill their
obligations thereunder in all material respects.

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     Section 2.13. Employees and Compensation. Schedule 2.13 sets forth a
     ------------  --------------------------  -------------
complete and accurate list of (a) all employment and consulting contracts,
arrangements or plans with any employee of or consultant to the Company or any
Subsidiary and (b) all employees of and consultants to the Company or any
Subsidiary, with 1998 compensation in excess of $100,000, showing date of hire,
hourly rate or salary or other basis of compensation and other benefits accrued
as of a recent date, each increase and bonus granted since January 1, 1998, and
job function of salaried employees. None of the employees of the Company or any
Subsidiary is represented by a union, and there is no labor strike, dispute,
slowdown, stoppage, organizational effort, dispute or proceeding by or with any
employee or former employee of the Company or any Subsidiary or any labor union
pending or, to the knowledge of the Company, threatened against the Company or
any Subsidiary.

     Section 2.14. Customers and Suppliers. Schedule 2.14 sets forth a list of
     ------------  -----------------------  -------------
all customers of the Company or any Subsidiary which accounted for at least
$500,000 of gross sales by the Company or each Subsidiary during the fiscal year
ended December 31, 1998. To the Company's knowledge, the Company's and each
Subsidiary's relationships with such customers and with its material suppliers
are good commercial working relationships. Except as set forth on Schedule 2.14,
                                                                  -------------
since December 31, 1997, no supplier representing more than $500,000 of
annualized purchases by the Company or any Subsidiary (in the case of a
supplier) has terminated or, to the Company's knowledge, threatened to
terminate, its relationship with the Company or any Subsidiary, or has decreased
materially or threatened to decrease or limit materially the services, supplies
or materials supplied to or purchased from the Company or any Subsidiary.

     Section 2.15. Environmental Matters. Except as provided on Schedule 2.15,
     ------------  ---------------------                        -------------
(a) the ownership or use of the Company's and the Subsidiaries' premises and
assets, the occupancy and operation thereof, and the conduct of the Company's
and the Subsidiaries' business are in compliance in all material respects with
all applicable federal, state and local laws, ordinances, regulations, standards
and requirements relating to safety, health, pollution, environmental
protection, hazardous substances and related matters and (b) there is no
liability attaching to such premises or assets or the ownership, use or
operation thereof as a result of any hazardous substance that may have been
discharged on or released from such premises, or disposed of on-site or
off-site, or any other circumstance occurring prior to the Closing or existing
as of the Closing. For purposes of this Section, "hazardous substance" shall
mean oil or any other substance which is included within the definition of a
"hazardous substance," "pollutant," "toxic substance," "toxic waste," "hazardous
waste," "contaminant" or other words of similar import in any federal, state or
local environmental law, ordinance or regulation.

     Section 2.16. Insurance. Schedule 2.16 lists all insurance policies
     ------------  ---------  -------------
maintained by the Company or any Subsidiary, all of which are valid and in full
force. All premiums due to date under such policies have been paid, and no
default exists thereunder. To the Company's knowledge, the insurance listed on
Schedule 2.16 is in amounts adequate and appropriate for the business, and to
-------------
avoid the operation of any coinsurance provision. Neither the company nor any
Subsidiary has received any notice of any proposed material increase in the
premiums payable

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for coverage, or proposed reduction in the scope (or discontinuation entirely)
of coverage, under any of such insurance policies.

    Section 2.17. Employee Benefit Plans.
    ------------  ----------------------

            (a)  Schedule 2.17 sets forth all employee benefit plans,
                 -------------
agreements, commitments, practices or arrangements of any type (including, but
not limited to, plans described in Section 3(3) of the Employee Retirement
Income Security Act of 1974, as amended ("ERISA")) maintained by the Company or
any Subsidiary for the benefit of current or former employees or directors of
the Company or any Subsidiary, or with respect to which the Company or any
Subsidiary has a liability, whether direct or indirect, actual or contingent
(including, but not limited to, liabilities arising from affiliation under
Section 414(b), (c), (m) or (o) of the Code or Section 4001 of ERISA)
(collectively, the "Benefit Plans"). There are no material benefit plans,
                    -------------
agreements, commitments, practices or arrangements of any type providing
benefits to employees or directors of the Company or any Subsidiary, other than
the Benefit Plans.

            (b)  With respect to each Benefit Plan, the Company has delivered to
the Purchaser true and complete copies of: (i) any and all plan texts and
agreements; (ii) any and all material communications to employees (including all
summary plan descriptions and material modifications thereto); (iii) the two
most recent annual reports, if applicable; (iv) the most recent annual and
periodic accounting of plan assets, if applicable; and (v) the most recent
determination letter received from the Internal Revenue Service (the
"Service"), if applicable.
 -------

            (c)  With respect to each Benefit Plan: (i) if intended to qualify
under Section 401(a) of the Code, such plan so qualifies, and its trust is
exempt from taxation under Section 501(a) of the Code; (ii) such plan has been
administered and enforced in accordance with its terms and all applicable laws
in all material respects; (iii) no breach of fiduciary duty by the Company has
occurred with respect to which the Company, any Subsidiary or any Benefit Plan
may be liable or otherwise damaged in any material respect; (iv) no material
disputes are pending or threatened; (v) no "prohibited transaction" (within the
meaning of either Section 4975(c) of the Code or Section 406 of ERISA) has
occurred with respect to which the Company or any Benefit Plan may be liable or
otherwise damaged in any material respect; (vi) all contributions, premiums, and
other payment obligations have been accrued on the financial statements of the
Company in accordance with generally accepted accounting principles, and, to the
extent due, have been made on a timely basis, in all material respects; (vii)
all contributions made or required to be made under such plan meet the
requirements for deductibility under the Code; (vii) the Company has expressly
reserved in itself the right to amend, modify or terminate such plan, or any
portion of it, without liability to itself; (ix) no such plan requires the
Company to continue to employ any employee or director.

            (d)  No Benefit Plan is, or has ever been, subject to Title IV of
ERISA.

            (e)  With respect to each Benefit Plan which provides welfare
benefits of the type described in Section 3(1) of ERISA: no such plan provides
medical or death benefits with respect to current or former employees or
directors of the Company beyond their termination of

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employment, other than coverage mandated by Sections 601-608 of ERISA and
4980B(f) of the Code, (ii) each such plan has been administered in compliance
with Sections 601-608 of ERISA and 4980B(f) of the Code; and (iii) no such plan
has reserves, assets, surpluses or prepaid premiums.

     Section 2.18. Registration Rights. Except as set forth on Schedule 2.18,
     ------------  -------------------                         -------------
the Company is not a party to any agreement or commitment which obligates the
Company to register under the Act any of its outstanding securities or any of
its securities which may hereafter be issued.

     Section 2.19. Offering. Subject to the accuracy of the Purchaser's
     ------------  --------
representations in Section 3 of this Agreement, the offer, issuance and sale of
the Preferred Shares constitutes, and will constitute, transactions exempt from
the registration requirements of Section 5 of the Act and the Company has
obtained all qualifications, permits, and other consents, if any, required by
all applicable state securities laws.

     Section 2.20. Affiliate Transactions. Except as set forth on Schedule 2.20,
     ------------  ----------------------                         -------------
neither the Company nor any Subsidiary is a party to any material contract or
arrangement, either directly or indirectly, with any of the officers, directors
or stockholders of the Company or any Subsidiary, their known relatives or
Affiliates.

     Section 2.21. Intellectual Property. Schedule 2.21 sets forth all patents,
     ------------  ---------------------  -------------
trademarks, service marks, trade names, copyrights, domain names, franchises and
licenses, all royalties and license agreements, all applications therefor, and
all other rights with respect to the foregoing owned or used by the Company or
any Subsidiary ("Intellectual Property"). The intellectual property and rights
                 ---------------------
set forth on Schedule 2.21 include all of the foregoing necessary for the
             -------------
operation of the Company's and the Subsidiaries' business as now conducted and
as proposed to be conducted. To the Company's knowledge, the Company's and each
Subsidiary's ownership and use of the foregoing does not infringe or conflict
with the rights of others; neither the Company nor any Subsidiary is or will be
obligated to make any royalty, fee or other payments in connection with its
ownership or use of any patent, trademark, trade name, copyright or other
intangible asset in connection with the conduct of its business as now conducted
and as proposed to be conducted, except as described on Schedule 2.21. Except as
                                                        -------------
set forth on Schedule 2.21, neither the Company nor any Subsidiary has been
             -------------
notified of any claim by any person or entity that the Company or any Subsidiary
is violating any trademark, service mark, trade name, patent or copyright, or
other intangible asset or right owned by any other person or entity or that it
is using any name that is confusingly similar to that of any other person or
entity, and, to the Company's knowledge, there is no basis for any such claim.

     Section 2.22.  Proprietary Information of Third Parties. Except as set
     ------------   ----------------------------------------
forth on Schedule 2.22, no third party has claimed or, to the Company's
         -------------
knowledge, has reason to claim that any person employed by or affiliated with
the Company or any Subsidiary has (a) violated or, to the Company's knowledge,
may be violating any of the terms or conditions of such person's employment,
non-competition or non-disclosure agreement with such third party, (b) disclosed
or, to the Company's knowledge, may be disclosing or utilized or, to the
Company's knowledge, may be utilizing any trade secret or proprietary
information or documentation of

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such third party or (c) interfered or, to the Company's knowledge, may be
interfering in the employment relationship between such third party and any of
its employees. To the Company's knowledge, no person or entity employed by or
affiliated with the Company or any Subsidiary has employed or proposes to employ
any trade secret or any information or documentation proprietary to any other
person or entity in connection with the business of the Company or any
Subsidiary.

     Section 2.23. Brokers. Except as set forth on Schedule 2.23, no finder,
     ------------  -------                                  -----
broker, agent, financial advisor or other intermediary has acted, directly or
indirectly, on behalf of the Company or any Subsidiary in connection with the
offering of the Preferred Shares or the negotiation or consummation of this
Agreement or any of the transactions contemplated hereby, or is entitled to any
fee, payment, commission or other consideration with respect thereto.

     Section 2.24. Absence of Material Undisclosed Liabilities. Except for (a)
     ------------  -------------------------------------------
any and all liabilities, accounts payable and accrued expenses reflected on the
Balance Sheet or amounts incurred in the ordinary course of business since the
Balance Sheet Date, and (b) obligations of future performance under contracts
set forth on a Schedule hereto and other contracts entered into in the ordinary
course of business which are not required to be listed on a Schedule hereto, as
of the Closing Date, the Company will have no material liabilities or
obligations, whether absolute, accrued, contingent or otherwise and whether due
or to become due.

     Section 2.25. Year 2000 Compliance. Except as otherwise disclosed on
     ------------  --------------------
Schedule 2.25, the Company, its Subsidiaries and its Management Systems and
-------------
Production and Distribution Systems are or will be Year 2000 Compliant on or
before December 31, 1999. As used in this Section, the following terms have the
following meanings:

     "Year 2000 Compliant" means, with respect to any person, that neither the
year change from 1999 to 2000 (the arrival of the date January 1, 2000) nor leap
year dates thereafter will (i) impair such person's ability to meet its
obligations to third parties or (ii) result in errors or corruption in
processing internally generated data or otherwise have a material adverse effect
on the operations or functionality of such person or its Management Systems or
Production and Distribution Systems, all of which will continue to operate as
intended prior to, during and after January 1, 2000.

     "Management Systems" include, but are not limited to, all computer
hardware (including integrated circuit/chip and firmware) and software
applications that a person uses for managing and operating its business,
including without limitation functions such as accounting and billing, inventory
tracking and maintenance and vendor and supplier sourcing.

     "Production and Distribution Systems" include, but are not limited to, all
computer hardware (including integrated circuit/chip and firmware) and software
applications, and all automated or electronic equipment, controls and other
systems used by a person in its production or distribution process, from the
point or input or raw material to final products and merchandise offered for
sale and distributed to customers.

                                      10
<PAGE>

     Section 2.26.  Required Consents.  Except for the consents specified on
     ------------   -----------------
Schedule 2.26, no consent, order, authorization, approval, declaration or
-------------
filing, including, without limitation, any consent, approval or authorization of
or declaration or filing with any governmental authority or any party to a
material contract, is required on the part of the Company or any Subsidiary (and
no notices to or consents or other approvals from any of the lessors or any of
such lessors' mortgagees under any of the real property leases are required) for
or in connection with the execution, delivery or performance of this Agreement
and each of the other agreements contemplated hereby or the conduct of the
business by the Company or any Subsidiary after the Closing, or to prevent a
material default. The Company has no reason to believe that all of the required
consents and approvals not obtained as of the Closing will not be obtained
within six (6) months of Closing without material cost to the Company. Subject
to obtaining the consents specified on Schedule 2.26, the execution, delivery
                                       -------------
and performance of this Agreement and the other instruments and agreements
contemplated hereby by the Company will not result in any material violation of,
be in material conflict with or constitute a material default under, any law,
statute, regulation, ordinance, contract, agreement, instrument, judgment,
decree or order to which the Company is a party or by which the Company is
bound.

                                  ARTICLE III
                REPRESENTATIONS AND WARRANTIES OF THE PURCHASER

     Purchaser represents and warrants to the Company that:

     Section 3.01.  Investment Intent.  The Preferred Shares to be acquired by
     ------------   -----------------
it are being acquired solely for its own account, for investment purposes only
and, with no present intention  of distributing, selling, transferring or
otherwise disposing of them, and the Purchaser has no present plans to enter
into any such contract, undertaking, agreement or arrangement with respect
thereto.

     Section 3.02.  Economic Risk; Sophistication.  The Purchaser is able to
     ------------   -----------------------------
bear the economic risk of an investment in the Preferred Shares to be acquired
by it, can afford to sustain a total loss on such investment and have such
knowledge and experience in financial and business matters that they are capable
of evaluating the merits and risk of the proposed investment.

     Section 3.03.  Authority. The Purchaser is duly formed, validly existing
     ------------   ---------
and in good standing under the laws of its state of formation. The Purchaser has
all requisite power and authority to enter into this Agreement and perform its
obligations hereunder, and this Agreement constitutes the valid and binding
obligation of the Purchaser enforceable against it in accordance with its terms.

     Section 3.04.  Brokers.  No finder, broker, agent, financial advisor or
     ------------   -------
other intermediary has acted on behalf of the Purchaser in connection with the
negotiation or consummation of this Agreement or any of the transactions
contemplated hereby, and no such person is entitled to any

                                      11

<PAGE>

fee, payment, commission or other consideration with respect thereto as a result
of any arrangement made by the Purchaser.

     Section 3.05.  Limited Liability.  The Purchaser understands that the
     ------------   -----------------
Preferred Shares to be acquired by it may not be sold, transferred or otherwise
disposed of without registration under the Act and any state securities laws, or
an exemption therefrom (supported by an opinion of counsel satisfactory to the
Company), and that in the absence of an effective registration statement
covering such securities or an available exemption from registration, such
securities may be required to be held indefinitely. The Purchaser is aware that
the Preferred Shares to be acquired by it may not be sold pursuant to Rule 144
promulgated under the Act, unless all of the conditions of that Rule are met and
that among the conditions for use of Rule 144 is the availability of current
information to the public about the Company and that the Company has no
obligation to make such information available. The Purchaser represents that, in
the absence of an effective registration statement covering the Preferred
Shares, it shall sell, transfer or otherwise dispose of such securities only in
a manner consistent with the representations set forth herein, and the
certificates for the Preferred Shares shall bear a legend to such effect.

     Section 3.06.  Accredited Investor.  Purchaser is an "accredited investor"
     ------------   -------------------
as defined in Regulation D under the Act, and, together with its financial
advisors, if any, has such knowledge and experience in financial and business
matters as to be capable of evaluating the merits and risks involved in
purchasing the Preferred Shares.

     Section 3.07.  Purchaser Information.  All of the information furnished by
     ------------   ---------------------
Purchaser in response to the Company's questionnaire is true and complete.

                                  ARTICLE IV
                              CLOSING CONDITIONS

     Section 4.01.  Conditions to Closing.  Purchaser's obligation to purchase
     ------------   ---------------------
the Preferred Shares to be acquired by it at the Closing is subject to the
satisfaction, as of the Closing Date, of the following conditions:

              (a)   Amendment.  The Certificate of Incorporation of the Company
                    ---------
shall have been amended to include the provisions set forth in Schedule 2.03
                                                               -------------
and, except as so amended, such Certificate of Incorporation shall not have been
further amended or modified.

              (b)   Contracts Terminated.  The Company (and its Subsidiaries)
                    --------------------
and Seacoast shall simultaneously herewith terminate all of their pre-existing
contractual arrangements (specifically excluding this Agreement and any other
agreement executed in conjunction herewith or in conjunction with the
transactions contemplated hereby) that were entered into in connection with
Seacoast's purchase of the Note and the Warrant.

              (c)   Stockholders Agreement. The Company, the Purchaser, Boston
                    ----------------------
Ventures Limited Partnership V ("Boston Ventures"), Thybo New Ventures Limited,
                                 ---------------
("Thybo") and
  -----

                                      12

<PAGE>

Daniel Nissanoff shall have entered into the Stockholders Agreement
substantially in the form of Exhibit 4.01(c) attached hereto.
                             ---------------

          (d)  Registration Rights Agreement. The Company, the Purchaser, Boston
               -----------------------------
Ventures and Thybo shall have entered into a registration rights agreement
substantially in the form of Exhibit 4.01(d) attached hereto.
                             ---------------

          (e)  Representations and Warranties. The representations and
               ------------------------------
warranties contained in Article II shall be true and correct in all material
respects on and as of the Closing Date as though made on and as of such date
(except representations and warranties made as of a specified date, which shall
be true as of such date) except that the representations and warranties
contained in Section 2.05 will be true and complete in all respects.

          (f)  Certificate; Documents. The Purchaser shall have received a copy
               ----------------------
of each of the following, certified by the Secretary of the Company: (i) the
Company's Certificate of Incorporation, as amended, with evidence of filing with
the Secretary of State of the State of New York; (ii) a certificate of the
Secretary of State of the State of New York as to the legal existence and good
standing of the Company and listing all amendments to the Company's Certificate
of Incorporation then on file in his office; (iii) the Company's Bylaws; (iv)
the votes adopted by the stockholders and the resolutions adopted by the
directors of the Company authorizing the execution, delivery and performance of
this Agreement and the other agreements contemplated hereby, the amendment to
the Certificate of Incorporation and the issuance, sale and delivery of the
Preferred Shares hereunder; and (v) evidence of the qualification of the Company
as a foreign corporation in the States of Massachusetts and New Jersey. The
Purchaser shall also have received such other certificates and documents as the
Purchaser shall reasonably request.

          (g)  Legal Opinions. The Purchaser shall have received a legal opinion
               --------------
in form and substance satisfactory to the Purchaser from Gould & Wilkie, LLP,
counsel for the Company, substantially in the form set forth in Exhibit 4.01(g)
hereof.

          (h)  Stock Certificates. Purchaser shall have received one or more
               ------------------
duly executed certificates representing the Preferred Shares to be acquired by
it.

          (i)  License Agreement. The Company and Information Handling Services,
               -----------------
Inc. shall have entered into a license agreement substantially in the form of
Exhibit 4.01(i).
---------------

          (j)  Employment Agreement. Daniel Nissanoff and the Company shall have
               --------------------
entered into an employment agreement substantially in the form of Exhibit
                                                                  -------
4.01(j).
-------

          (k)  Repurchase of Shares.  The Company shall have redeemed all of the
               --------------------
shares of Common Stock owned by Stacy Jargowsky Nissanoff.

          (l)  Payment of Interest, Fees and Expenses. The Company shall have
               --------------------------------------
paid all accrued interest and all accrued fees and expenses (including fees and
expenses incurred in

                                      13
<PAGE>

connection with the pay off of the Note) fees owing on and in connection with
the Note to the Purchaser such that the only amount which remains owing on the
Note at the Closing is principal.

                                   ARTICLE V
                                 MISCELLANEOUS

     Section 5.01.   Notices.  All notices, demands or other communications
     -------------   -------
hereunder shall be in writing and shall be deemed to have been duly given if
delivered in person, or by nationally recognized overnight courier services,
or otherwise actually delivered:

                    (a)  if to the Company or to Daniel Nissanoff,

                         Dast Corporation
                         d.b.a. Microcom Technologies
                         16 East 52nd Street
                         New York, N.Y. 10022
                         Attention: President

                         with a copy to:

                         Gould & Wilkie, LLP
                         1 Chase Manhattan Plaza
                         New York, N.Y. 10005-1401
                         Attention: Michael R. Manley, Esq.

                    (b)  if to Purchaser to:

                         Seacoast Capital Partners Limited Partnership
                         c/o Seacoast Capital Corporation
                         55 Ferncroft Road
                         Danvers, Massachusetts 01923
                         Attention: Eben S. Moulton
                         Fax: 508-750-1301

                         with a copy to:

                         Patton Boggs, LLP
                         2200 Ross Avenue, Suite 900
                         Dallas, Texas 75201
                         Attn: Larry A. Makel, Esq.
                         Fax: 214-871-2688

                                      14

<PAGE>

or at such other address as may have been furnished by such person in writing to
the other parties. Any such notice, demand or other communication shall be
deemed to have been given on the date actually delivered or as of the date
deposited with the courier, as the case may be.

     Section 5.02.  Severability and Governing Law. If any provision of this
     ------------   ------------------------------
Agreement is rendered void, invalid or unenforceable by any court of law for any
reason, such invalidity or unenforceability shall not void or render invalid or
unenforceable any other provision of this Agreement. This Agreement shall be
governed by and construed in accordance with the internal laws of the State of
New York, without regard to its conflicts of laws provisions.

     Section 5.03.  Amendments, Etc. This Agreement may be changed, waived or
     ------------   ---------------
terminated only with the written consent of the Founder, the Company and the
Purchaser.

     Section 5.04.  Survival. All agreements, representations and warranties
     ------------   --------
contained herein and in any certificate, documentation or agreement delivered
pursuant hereto shall survive the execution and delivery of this Agreement, any
investigation at any time made, and the sale and purchase of the Preferred
Shares until two (2) years from the Closing or if earlier, until the Closing of
the initial public offering of the Company's securities.

     Section 5.05.  Expenses. The Company agrees to pay (a) the reasonable costs
     ------------   --------
and expenses of Purchaser in connection with the due diligence, investigation,
preparation, execution and delivery of this Agreement and the other Agreements,
instruments and documents relating thereto, including the reasonable fees and
expenses of counsel, (b) the reasonable fees and expenses of counsel to
Purchaser incurred with respect to any amendments or waivers required by the
Company (whether or not they become effective) under or with respect to the
Certificate of Incorporation, Bylaws, this Agreement or any agreement or
instrument contemplated hereby, and (c) in the event of a proven material breach
or default of the Company's obligations to Purchaser under the Certificate of
Incorporation, the Bylaws, this Agreement or any agreement or instrument
contemplated hereby, the fees and expenses of Purchaser incurred in connection
with the enforcement of the rights granted under any of the foregoing.

     Section 5.06.  Successors and Assigns. This Agreement, and all provisions
     ------------   ----------------------
hereof, shall be binding upon and inure to the benefit of the respective
successors and assigns of the parties hereto, provided that, the Purchaser may
not assign its right to purchase Preferred Shares without the consent of the
Company in its sole discretion.

     Section 5.07.  Entire Agreement. This Agreement, the attached exhibits and
     ------------   ----------------
schedules and the other agreements, documents and instruments contemplated
hereby contain the entire understanding of the parties, and there are no further
or other agreements or understandings, written or oral, in effect between the
parties relating to the subject matter hereof unless expressly referred to
herein.

     Section 5.08.  Counterparts. The Agreement may be executed in one or more
     ------------   ------------
counterparts by facsimile signature, and with the counterpart signatures pages,
each of which shall be an original, and all of which together shall constitute
one and the same Agreement.

                                      15
<PAGE>

          IN WITNESS WHEREOF, the parties hereto have executed and delivered
this Agreement as sealed instrument as of the date first above written.

                                   DAST CORPORATION
                                   d.b.a Microcom Technologies

                                   By: /s/ Daniel Nissanoff      President
                                      ------------------------------------
                                                                   (Title)

                                   SEACOAST CAPITAL PARTNERS
                                   LIMITED PARTNERSHIP

                                   By:  Seacoast Capital Corporation
                                        its general partner

                                        By:    /s/ John P. Buckels
                                               ---------------------------
                                        Name:   JOHN P. BUCKELS
                                               ---------------------------
                                        Title:  PRINCIPAL
                                               ---------------------------

                                        /s/ Daniel Nissanoff
                                   ---------------------------------------
                                            Daniel Nissanoff<PAGE>

______________________________________________________________________________

______________________________________________________________________________
                                                                   EXHIBIT 10.19

                       PREFERRED STOCK PURCHASE AGREEMENT

                                  by and among

                                PARTMINER, INC.,

                      INTEGRAL CAPITAL PARTNERS IV, L.P.,

                INTEGRAL CAPITAL PARTNERS IV MS SIDE FUND, L.P.,

                          AGILE SOFTWARE CORPORATION,

         IMPACT VENTURE PARTNERS, L.P., OMI  PARTNERSHIP HOLDINGS LTD.,

                       GENERATION CAPITAL PARTNERS L.P.,

                   STATE BOARD OF ADMINISTRATION OF FLORIDA,

                 GENERATION PARALLEL MANAGEMENT PARTNERS L.P.,

                 BROADVIEW SLP, THE GOLDMAN SACHS GROUP, INC.,

                      CAHNERS INFORMATION HOLDINGS, INC.,

                 SEACOAST CAPITAL PARTNERS LIMITED PARTNERSHIP,

                            SEACOAST INVESTORS LLC,

                   BOSTON VENTURES LIMITED PARTNERSHIP V, and

                           VULCAN SECURITIES LIMITED

                              ____________________

                         Dated as of: February 16, 2000

                              ____________________

______________________________________________________________________________

______________________________________________________________________________
<PAGE>

                               TABLE OF CONTENTS
                               -----------------
<TABLE>
<S>                                                                                         <C>
1. SALE AND PURCHASE OF THE PREFERRED SHARES...............................................  1

  1.1. Sale and Purchase...................................................................  1
  1.2. Purchase Price and Payment..........................................................  1
       (a) Purchase Price..................................................................  1
       (b) Payment of Purchase Price.......................................................  1
       (c) Restated Certificate of Incorporation...........................................  1

2. CLOSING.................................................................................  2

  2.1. Time and Place......................................................................  2

3. DELIVERY OF SHARE CERTIFICATES..........................................................  2

  3.1. Delivery of Share Certificates......................................................  2

4. REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS........................................  2

  4.1. Due Organization....................................................................  2
  4.2. Power and Authority.................................................................  2
  4.3. No Breach; Consents.................................................................  2
  4.4. Brokers.............................................................................  3
  4.5. Purchasers' Acknowledgment..........................................................  3
  4.6. Investment in Preferred Shares......................................................  3

5. REPRESENTATIONS AND WARRANTIES OF THE COMPANY...........................................  3

  5.1. Authorization of Preferred Shares...................................................  3
  5.2. Due Organization and Qualification..................................................  3
  5.3. Capitalization; Options; Shareholder Rights.........................................  4
  5.4. Constituent Documents...............................................................  4
  5.5. Financial Statements................................................................  4
  5.6. Absence of Changes..................................................................  4
  5.7. Power and Authority.................................................................  5
  5.8. Tax Matters.........................................................................  5
  5.9. Compliance with Laws; Permits.......................................................  6
  5.10. No Breach; Consents; Payments......................................................  7
  5.11. Litigation; Claims.................................................................  7
  5.12. Employment Matters.................................................................  7
  5.13. Material Agreements................................................................  7
  5.14. Real Estate........................................................................  8
  5.15. Company Intangible Property........................................................  8
  5.16. Title to Properties and Assets.....................................................  9
  5.17. Employee Benefit Plans.............................................................  9
  5.18. Transactions with Related Parties.................................................. 10
  5.19. Environmental Matters.............................................................. 10
  5.20. Year 2000.......................................................................... 10
  5.21. Brokers............................................................................ 10

6. COVENANTS AND AGREEMENTS................................................................ 10

  6.1. Pre-Closing Covenants and Agreements................................................ 10
       (a) Ongoing Company Operations...................................................... 10
       (b) Investigation by the Purchasers................................................. 11
       (c) Further Assurances.............................................................. 11
       (d) Additional Disclosure........................................................... 11
</TABLE>

                                       i
<PAGE>

<TABLE>
<S>                                                                                         <C>
       (e) Maintenance of Insurance........................................................ 11
       (f) Supplemental Disclosure......................................................... 11
       (g) Amended and Restated Stockholders Agreement..................................... 12
       (h) Amended and Restated Registration Rights Agreement.............................. 12
  6.2. Post-Closing Covenants and Agreements............................................... 13
       (a) Fees and Disbursements.......................................................... 13

7. CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO CLOSE; PURCHASER DELIVERIES.... 12

  7.1. No Legal Proceedings................................................................ 12
  7.2. Representations and Warranties...................................................... 12
  7.3. Purchase Price...................................................................... 12
  7.4. Related Agreements.................................................................. 13
  7.5. Consents............................................................................ 13

8. CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE PURCHASERS TO CLOSE; COMPANY DELIVERIES.. 14

  8.1. No Legal Proceedings................................................................ 13
  8.2. Agreements and Covenants............................................................ 13
  8.3. Representations and Warranties...................................................... 13
  8.4. Officer's Certificate............................................................... 13
  8.5. Preferred Shares.................................................................... 13
  8.6. Opinion of the Company's Counsel.................................................... 13
  8.7. Secretary's Certificate............................................................. 13
  8.8. Valid Existence Certificate......................................................... 15
  8.9. Related Agreements.................................................................. 14
  8.10. Consents........................................................................... 14
  8.11. Restated Certificate of Incorporation.............................................. 14
  8.12. Common Stock Purchase Agreement.................................................... 14

9. SURVIVAL OF REPRESENTATIONS AND WARRANTIES.............................................. 14

10. INDEMNIFICATION........................................................................ 16

  10.1. Obligation of the Company to Indemnify............................................. 16

10.2. [INTENTIONALLY OMITTED].............................................................. 15

  10.3. Notice to Indemnifying Party....................................................... 15
  10.4. Limitations on Indemnification..................................................... 17
  10.5. Exclusive Remedy................................................................... 16

11. MISCELLANEOUS.......................................................................... 16

  11.1. Certain Definitions................................................................ 16
  11.2. Publicity.......................................................................... 18
  11.3. Notices............................................................................ 18
  11.4. Entire Agreement................................................................... 19
  11.5. Waivers and Amendments............................................................. 19
  11.6. Binding Effect; Assignment......................................................... 21
  11.7. Variations in Pronouns............................................................. 20
  11.8. Counterparts....................................................................... 20
  11.9. Headings........................................................................... 20
  11.10. No Strict Construction............................................................ 20
  11.11. Governing Law..................................................................... 20
  11.12. No Third-Party Beneficiaries...................................................... 20
  11.13. Subsidiaries...................................................................... 20
</TABLE>

                                      ii
<PAGE>

<TABLE>
<S>                                                                                         <C>
  11.14. Actions by Purchasers............................................................. 20
  11.15. Other Engagements and Activities; Use of Name..................................... 21
</TABLE>

SCHEDULES:

Schedule 5.2    Qualifications
Schedule 5.3    Options, etc.
Schedule 5.5    Company Financial Statements
Schedule 5.6    Absence of Changes
Schedule 5.9    Compliance with Laws
Schedule 5.9A    Permits
Schedule 5.10    Consents
Schedule 5.11    Litigation; Claims
Schedule 5.14    Leases
Schedule 5.15    Intangible Property
Schedule 5.16    Liens
Schedule 5.17    Employee Benefit Plans
Schedule 5.18    Related Transactions
Schedule 11.3    Purchaser Notice Addresses

EXHIBITS:

Exhibit A       Allocation of Preferred Shares
Exhibit B       Restated Certificate of Incorporation
Exhibit C       Amended and Restated Stockholders Agreement
Exhibit D       Amended and Restated Registration Rights Agreement
Exhibit E       Legal Opinion of Kirkpatrick & Lockhart LLP

                                      iii
<PAGE>

                       PREFERRED STOCK PURCHASE AGREEMENT
                       ----------------------------------

          PREFERRED STOCK PURCHASE AGREEMENT (this "Agreement"), dated as of
February 16, 2000, by and between PartMiner, Inc., a New York corporation (the
"Company"), and Integral Capital Partners IV, L.P., Integral Capital Partners IV
MS Side Fund, L.P., Agile Software Corporation, Impact Venture Partners, L.P.,
OMI Partnership Holdings Ltd., Generation Capital Partners L.P., State Board of
Administration of Florida, Generation Parallel Management Partners L.P.,
Broadview SLP, The Goldman Sachs Group, Inc., Cahners Information Holdings,
Inc., Seacoast Capital Partners Limited Partnership, Seacoast Investors LLC,
Boston Venture Limited Partnership V and Vulcan Securities Limited (each (other
than the Company) individually, a "Purchaser" and collectively, the
"Purchasers").

          WHEREAS, the Company desires to issue and sell to the Purchasers an
aggregate of 10,302,905 restricted shares (the "Preferred Shares") of the
Company's Series B Convertible Preferred Stock, $.01 par value, for an aggregate
purchase price of $50,000,000, and the Purchasers desire to purchase the
Preferred Shares from the Company, upon the terms and conditions set forth
herein.

          NOW, THEREFORE, in consideration of the premises and the
representations, warranties, covenants and agreements herein contained, the
parties hereby agree as follows:

          1.    SALE AND PURCHASE OF THE PREFERRED SHARES
                -----------------------------------------

          1.1.  Sale and Purchase.  On the Closing Date (as defined in Section
                -----------------
2.1 hereof), subject to the terms and conditions contained herein, the Company
hereby agrees to issue and sell to the Purchasers the number of Preferred Shares
set forth opposite each Purchaser's name on Exhibit A hereto, and each Purchaser
                                            ---------
hereby agrees to purchase from the Company such number of Preferred Shares.

          1.2.  Purchase Price and Payment.
                --------------------------

                (a)  Purchase Price.  The aggregate purchase price for the
                     --------------
Preferred Shares (the "Purchase Price") shall be $50,000,000 (or $4.853 per
Preferred Share). Each Purchaser shall pay that portion of the Purchase Price
set forth opposite its name on Exhibit A hereto.
                               ---------

                (b)  Payment of Purchase Price.  The Purchase Price shall,
                     -------------------------
subject to Section 3.1 hereof, be paid to the Company by the Purchasers on the
Closing Date via federal funds wire transfers of immediately available funds in
accordance with written instructions to be provided to the Purchasers by the
Company at least two (2) business days prior to the Closing Date.

                (c)  Restated Certificate of Incorporation.  The Company shall
                     -------------------------------------
duly adopt and file with the Secretary of State of the State of New York, on or
before the Closing Date, a Restated Certificate of Incorporation (the "Restated
Certificate") of the Company setting
<PAGE>

forth the preferences, rights and limitations of the Preferred Stock
substantially in the form attached hereto as Exhibit B.
                                             ---------

          2.    CLOSING.
                -------

          2.1.  Time and Place.  The closing of the sale and purchase of the
                --------------
Preferred Shares (the "Closing") shall take place at the offices of Kirkpatrick
& Lockhart LLP, 1251 Avenue of the Americas, New York, New York 10020, and is
expected to occur at 10:00 a.m., local time, on February 16, 2000. The date upon
which the Closing shall occur is hereinafter referred to as the "Closing Date."

          3.    DELIVERY OF SHARE CERTIFICATES.
                ------------------------------

          3.1.  Delivery of Share Certificates.  At the Closing, the Company
                ------------------------------
shall, subject to the terms and conditions hereof, issue and deliver to each of
the Purchasers a stock certificate evidencing that number of Preferred Shares
set forth opposite such Purchaser's name on Exhibit A hereto, against payment by
such Purchaser of its portion of the Purchase Price.

          4.    REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS.  Subject to
                ------------------------------------------------
Section 10 hereof, each Purchaser hereby severally represents and warrants to
the Company as follows:

          4.1.  Due Organization.  Such Purchaser is duly organized, validly
                ----------------
existing and in good standing under the laws of the jurisdiction of its
organization.

          4.2.  Power and Authority.  Such Purchaser has the requisite company
                -------------------
power and authority to execute and deliver this Agreement and all other
agreements and certificates referred to in, or contemplated by, this Agreement
and to perform its obligations hereunder and thereunder. The execution, delivery
and performance of this Agreement and all other agreements and certificates
referred to in, or contemplated by, this Agreement have been duly authorized by
all necessary company action on the part of such Purchaser. This Agreement has
been duly executed and delivered by such Purchaser and is (and such other
agreements and certificates, when executed and delivered, will be) the valid and
binding obligations of such party enforceable against such party in accordance
with its terms, except as such enforceability may be limited by applicable
bankruptcy, moratorium, insolvency, reorganization or other similar laws now or
hereafter in effect relating to or affecting creditors' rights generally and
general equitable principles (whether considered in a proceeding in equity or at
law).

          4.3.  No Breach; Consents.  The execution, delivery and performance of
                -------------------
this Agreement and all other agreements or certificates referred to in, or
contemplated by, this Agreement by such Purchaser, and the consummation of the
transactions contemplated hereby and thereby, will not violate or conflict with
any (a) provisions of such Purchaser's organizational documents or agreements;
or (b) Law (as defined in Section 11.1 hereof) applicable to such Purchaser or
any of its property or operations. Other than any blue-sky or other securities
law filings, no consent, approval or authorization of, or declaration or filing
with ("Consent"), any governmental authority is required on the part of such
Purchaser in connection with the

                                       2
<PAGE>

execution, delivery or performance of this Agreement or the consummation of the
transactions contemplated hereby.

          4.4.  Brokers.  Such Purchaser (or affiliate (as defined in Section
                -------
11.1 hereof) thereof) has not made any agreement or taken any other action
causing anyone to become entitled to a finder's or broker's fee or commission as
a result of any of the transactions contemplated hereby.

          4.5.  Purchasers' Acknowledgment.  Such Purchaser hereby acknowledges
                --------------------------
that the Company has informed it that the Company is contemplating an initial
public offering of its equity securities, and hereby agrees not to use or
disclose such information other than directly in connection with the
transactions contemplated hereby.

          4.6.  Investment in Preferred Shares.  Such Purchaser hereby
                ------------------------------
acknowledges that the Preferred Shares are not registered under the Securities
Act of 1933, as amended (the "Securities Act"), or under any state or foreign
securities laws and that the Preferred Shares are being sold to each Purchaser
materially in reliance upon the representations and warranties contained in this
Section 4.6. Each Purchaser further understands and acknowledges that the offer
and sale of the Preferred Shares are intended to be exempt from registration
under the Securities Act and under any applicable state and foreign securities
laws. In furtherance thereof, each Purchaser hereby represents and warrants to,
and agrees with, the Company that (i) it is purchasing Preferred Shares for such
Purchaser's own account, for investment purposes only and not with a view to the
resale or distribution thereof, except in compliance with the Securities Act and
any applicable state and foreign securities laws; (ii) it is an "accredited
investor," as such term is defined in Rule 501 of Regulation D promulgated under
the Securities Act; and (iii) it has such knowledge and experience in financial,
tax, and business matters so as to enable it to evaluate the merits and risks of
acquiring Preferred Shares and to make an informed investment decision with
respect thereto.

          5.    REPRESENTATIONS AND WARRANTIES OF THE COMPANY.  Subject to
                ---------------------------------------------
Sections 10 and 11.13 hereof, the Company hereby represents and warrants to the
Purchasers as follows:

          5.1.  Authorization of Preferred Shares.  All corporate action
necessary for the issuance and sale of the Preferred Shares has been taken by
the Company and, when issued and delivered against delivery to the Company of
the Purchase Price, the Preferred Shares will be validly issued, fully paid and
non-assessable (except as provided in Section 630 of the New York Business
Corporation Law (the "BCL")).

          5.2.  Due Organization and Qualification.  The Company is duly
                ----------------------------------
organized, validly existing and in good standing under the laws of the State of
New York.  The Company has all requisite corporate power and authority to own,
lease and operate its assets and property and to carry on its business as
presently conducted and as presently contemplated.  The Company is duly
qualified to transact business and is in good standing in each jurisdiction in
which the nature of its business or the location of its property requires such
qualification, except those where the failure to be so qualified would not have
a material adverse effect on its business,

                                       3
<PAGE>

operations, assets or condition (financial or otherwise), taken as a whole. The
jurisdictions in which the Company is qualified to do business are set forth on
Schedule 5.2 hereto.
------------

          5.3.  Capitalization; Options; Shareholder Rights.  The authorized
                -------------------------------------------
capital stock of the Company consists solely of 150,000,000 shares of common
stock, $.0001 par value per share (the "Common Stock"), and 10,409,027 shares of
preferred stock, $.01 par value per share, of which 106,122 shares are
designated as Series A Convertible Preferred Stock ("Series A Preferred Stock")
and 10,302,905 shares are designated as Series B Convertible Preferred Stock
("Series B Preferred Stock").  Immediately prior to the transactions
contemplated hereby, there are 46,553,700 shares of Common Stock, 106,122 shares
of Series A Preferred Stock and no shares of Series B Preferred Stock issued and
outstanding, and there are not any other shares of capital stock of the Company
issued or outstanding.  All of the issued and outstanding shares of the
Company's capital stock have been duly authorized, and are validly issued, fully
paid and non-assessable, except as provided in Section 630 of the BCL.  Except
as set forth on Schedule 5.3 hereto, there are no outstanding obligations,
                ------------
options, warrants, convertible securities, subscriptions, or other commitments
or rights (matured or contingent) of any nature to acquire or subscribe for any
securities or other equity interest of or in the Company.  Except as set forth
on Schedule 5.3, there are no bonds, debentures, notes or other indebtedness of
   ------------
the Company having the right to vote (or convertible into, or exchangeable for,
securities having the right to vote) on any matter on which shareholders of the
Company may vote.  Except as set forth on Schedule 5.3, there are no preemptive
                                          ------------
rights, rights of first refusal, voting rights, change of control or similar
rights, anti-dilution protections or other rights which any shareholder,
officer, employee or director of the Company or any other person (as defined in
Section 11.1 hereof) would be entitled to exercise or invoke as a result of the
issuance and sale by the Company of the Preferred Shares.

          5.4.  Constituent Documents.  True and complete copies of the
                ---------------------
Company's Certificate of Incorporation and By-laws, as in effect on the date
hereof (collectively, the "Company Constituent Documents"), have been delivered
to the Purchasers (or a representative thereof).

          5.5.  Financial Statements.  The audited consolidated balance sheet
                --------------------
and related statements of income and cash flow for the Company as at and for the
fiscal year ended on December 31, 1998 (the "1998 Financial Statements") and the
unaudited consolidated balance sheet (the "December 31, 1999 Balance Sheet") and
related statements of income and cash flow for the Company as at and for the
fiscal year ended on December 31, 1999 (collectively, the "1999 Financial
Statements"; and together with the 1998 Financial Statements, the "Financial
Statements"), true and complete copies of all of which have been delivered to
the Purchasers (or a representative thereof) and which are attached hereto as

Schedule 5.5, present fairly in all material respects the consolidated financial
------------
condition of the Company as at the dates indicated therein and the consolidated
results of operation of the Company for the periods covered thereby.  The
Financial Statements have been prepared in accordance with GAAP (as defined in
Section 11.1 hereof) consistently applied.  The financial books and records of
the Company are in all material respects complete and correct, have been
maintained in accordance with good business

                                       4
<PAGE>

practices, and accurately reflect in all material respects the bases for the
consolidated financial condition and results of operation set forth in the
Financial Statements.

          5.6.  Absence of Changes.  Except as set forth on Schedule 5.6
                ------------------                          ------------
hereto, since the date of the December 31, 1999 Balance Sheet, there has not
been (i) any significant adverse change in the financial condition, results of
operations, assets or business of the Company, (ii) any repayment of any
indebtedness or any borrowing of or agreement to borrow any money or any
material Liabilities (as defined in Section 11.1 hereof) incurred by the
Company, other than Liabilities incurred in the ordinary course of business,
(iii) any material asset or property of the Company made subject to a Lien, (iv)
any declaration or payment of dividends on, or other distributions with respect
to, or any direct or indirect redemption or repurchase of, any shares of the
capital stock of the Company, (v) any issuance of any stocks, bonds or other
securities of the Company, or any options, warrants or rights or agreements or
commitments to purchase or issue such securities (other than the Preferred
Shares), (vi) any mortgage, pledge, sale, assignment or transfer of any material
tangible or intangible assets of the Company, except with respect to assets
effected in the ordinary course of business to persons not related to the
Company, (vii) any loan by the Company to any officer, director, employee or
shareholder of the Company or any affiliate thereof, (viii) any material damage,
destruction or loss (whether or not covered by insurance) adversely affecting
the assets, property or business of the Company, (ix) any purchase or other
acquisition of assets or property by the Company other than in the ordinary
course of business, (x) any significant change in the accounting methods or
practices followed by the Company, (xi) any operation of the business of the
Company outside of the ordinary course of business and inconsistent with past
practice, (xii) any waiver of any valuable right of the Company, or the
cancellation or reduction of any material debt or claim held by the Company, or
(xiii) except as provided by this Agreement, any commitment or agreement
(contingent or otherwise) to do any of the foregoing.

          5.7.  Power and Authority.  The Company has the requisite corporate
                -------------------
power and authority to execute and deliver this Agreement and all other
agreements and certificates referred to in, or contemplated by, this Agreement
and to perform its obligations hereunder and thereunder.  The execution,
delivery and performance of this Agreement and all other agreements and
certificates referred to in, or contemplated by, this Agreement have been duly
authorized by all necessary corporate action on the part of the Company.  This
Agreement has been duly executed and delivered by the Company and is (and such
other agreements and certificates, when executed and delivered, will be) the
valid and binding obligations of the Company enforceable against the Company in
accordance with its terms, except as such enforceability may be limited by
applicable bankruptcy, moratorium, insolvency, reorganization or other similar
laws now or hereafter in effect relating to or affecting creditors' rights
generally and general equitable principles (whether considered in a proceeding
in equity or at law).

          5.8.  Tax Matters.  The Company has timely filed all Tax Returns (as
                -----------
defined in Section 11.1 hereof) that it has been required to file through the
date hereof, and has paid in full all Taxes (as defined in Section 11.1 hereof)
which were due and payable by it through the date hereof.  The provisions for
Taxes reflected on the December 31, 1999 Balance Sheet are adequate to cover
accrued and unpaid Taxes of the Company for all periods ending on or before

                                       5
<PAGE>

December 31, 1999 and, to the Company's knowledge (as defined in Section 11.1
hereof), nothing has occurred subsequent to that date to make such provisions
inadequate.  The Company has established and is maintaining current accruals
that are accurately reflected in the books and records of the Company and are
adequate for the payment of any Taxes incurred but not yet due and payable with
respect to the property and operations of the Company through the date hereof.
No waivers or extensions of any applicable statute of limitations for the
assessment or collection of Taxes with respect to any Tax Returns of the Company
are currently in effect or are currently proposed.  The Company has collected or
withheld and paid over to the proper governmental or regulatory bodies all Tax-
related amounts required to be so collected or withheld and paid over under all
applicable Laws.  No action, suit, proceeding, investigation, audit, claim or
assessment is presently pending or, to the Company's knowledge, threatened with
regard to any Taxes that relate to the Company for which the Company is or could
reasonably be expected to be liable.  There is no unresolved written claim by a
taxing authority in any jurisdiction where the Company does not anticipate to
file Tax Returns that it is or could reasonably be expected to be subject to
taxation by such jurisdiction.  There are no Liens for Taxes (other than for
Taxes not yet due and payable) upon any assets or property of the Company.  Each
Purchaser hereby acknowledges that the foregoing representations and warranties
made in this Section 5.8 do not apply in respect of Accurate Components Inc.
("Accurate") or Market Trading Concepts Inc. ("Market Trading") (recently
acquired, wholly-owned subsidiaries of the Company), but, to the knowledge of
the Company, such representations and warranties are true and correct with
respect to Accurate and Market Trading.  Each Purchaser hereby further
acknowledges that the representations and warranties made in respect of Accurate
and Market Trading as to Tax matters in that certain Stock Purchase Agreement by
and between the Company, Accurate, Market Trading and Anthony Arena, dated
November 12, 1999, have been made available to the Purchasers (or a
representative thereof) for their review.

          The Company (i) has not made any other election pursuant to the Code
(as defined in Section 11.1 hereof) other than elections that relate to matters
of accounting, depreciation, or amortization, that could reasonably be expected
to have a material adverse effect on its financial condition, its business as
presently conducted or presently proposed to be conducted or any of its property
or assets; and (ii) at no time has filed a consent to the application of Section
341(f)(2) of the Code to any property or assets held, acquired or to be acquired
by it, and will not file any such consent prior to Closing.  The Company is not
a party to any tax allocation or sharing agreement, and has no liability for the
Taxes of any other entity under Treasury Regulation (S)1.1502-6 (or any similar
provision of state, local or foreign law), as a transferee or successor, by
contract, or otherwise.

          5.9.  Compliance with Laws; Permits.  Except as set forth on
                -----------------------------
Schedule 5.9 hereto, the Company is in compliance in all material respects with
------------
all Laws applicable to it or any of its property or operations.  The Company has
not received any written notice from any governmental authority of its violation
or alleged violation of any Law.  The Company has all licenses, permits, orders
and approvals of federal, state, local and foreign governmental or regulatory
bodies necessary for the conduct of its business and operations as currently
conducted (collectively, "Permits").  All material Permits of the Company are
set forth on Schedule 5.9A hereto and are valid and in full force and effect.
             -------------
No violations have occurred in respect of any

                                       6
<PAGE>

such Permit and no action or proceeding is pending nor, to the Company's
knowledge, threatened to revoke or limit any such Permit. The representations
and warranties contained in the first two sentences of this Section 5.9 do not
cover matters relating to Environmental Laws (as defined in Section 11.1
hereof), which matters are covered by Section 5.19 hereof.

          5.10.  No Breach; Consents; Payments.  The execution, delivery and
                 -----------------------------
performance of this Agreement and all other agreements or certificates referred
to in, or contemplated by, this Agreement by the Company and the consummation of
the transactions contemplated hereby and thereby will not (i) result in any Lien
upon any property of the Company; or (ii) violate, conflict with or otherwise
result in the breach of any of the terms and conditions of, result in a material
modification of or accelerate or trigger the rights of any person under, or
constitute (or, with the giving of notice or lapse of time or both, would
constitute) a default or termination under (a) any of the Company Constituent
Documents; (b) assuming the Consents and waivers listed on Schedule 5.10 hereto
                                                           -------------
are obtained on or prior to the Closing Date, any material contract or other
agreement to which the Company is a party or by or to which the Company or any
of its property is bound or subject; (c) any Law applicable to the Company or
any of its property or operations; or (d) any Permit.  Except as set forth on

Schedule 5.10, and other than any blue-sky or other securities law filings, no
-------------
Consent is required on the part of the Company in connection with the execution,
delivery or performance of this Agreement or the consummation of the
transactions contemplated hereby.  There are no payments, Liabilities or
obligations under or pursuant to any Law or material contract or other agreement
to which the Company is a party which are required to be made or performed by
the Company to any person, arising out of or as a result of the transactions
contemplated by this Agreement.

          5.11.  Litigation; Claims.  Except as set forth on Schedule 5.11
                 ------------------                          -------------
hereto, there are no suits or actions, administrative, arbitration or other
proceedings or governmental investigations pending or, to the Company's
knowledge, threatened against or affecting the Company or any of its property or
assets.  Except as set forth on Schedule 5.11, to the Company's knowledge, no
                                -------------
person has notified the Company of a material claim against the Company alleging
any personal property or economic injury, loss or damage incurred as a result of
or relating to the use of any products sold by or on behalf of, or services
rendered by, the Company.  There is no judgment, order, injunction, decree or
award against the Company which is not satisfied and remains outstanding.

          5.12.  Employment Matters.  The Company has not at any time during
                 ------------------
the last three (3) years had nor, to the Company's knowledge, is there now
threatened any walkout, strike, picketing, work stoppage, planned work slowdown
or any similar occurrence. There are no material controversies or grievances
pending or, to the Company's knowledge, threatened between the Company and any
of its employees.  No union or other collective bargaining unit has been
certified or formally recognized by the Company.

          5.13.  Material Agreements.  The Company is in compliance with the
                 -------------------
terms and conditions of its contracts and other agreements, except where the
failure to be in such compliance could not reasonably be expected to have a
material adverse effect on the business, operations, assets or condition
(financial or otherwise) of the Company, taken as a whole.

                                       7
<PAGE>

          5.14.  Real Estate.  The Company does not own, in fee or otherwise,
                 -----------
or have the right or obligation to acquire any real property or buildings.
Schedule 5.14 hereto sets forth all leases, subleases or other agreements (oral
-------------
or written) pursuant to which the Company has the right to use or occupy any
real property (the "Leases").  True and correct copies of the Leases have been
delivered or made available to the Purchasers (or a representative thereof).
Each Lease is a valid agreement in full force and effect and creates a good and
valid leasehold estate in the property leased thereby.  The Company is in
compliance in all material respects with the provisions of each Lease and no
other party thereto is, to the Company's knowledge, in material default
thereunder.  The Company is not a real property holding company within the
meaning of Section 847 of the Code (as defined in Section 11.1 hereof).

          5.15.  Company Intangible Property.  Schedule 5.15 hereto sets forth
                 ---------------------------   -------------
all United States and foreign patents, registered copyrights, registered
trademarks, service marks and trade names, applications for any of the
foregoing, and material written permits, grants, options and licenses or other
rights in writing running to or from the Company relating to any Company
Intangible Property (as defined below).  The Company has either all right, title
and interest in, or valid and binding rights under contract to use, all items of
Company Intangible Property material to, or necessary to conduct, the business
of the Company as presently conducted.  No material item of the Company
Intangible Property (other than any patents and patent rights) infringes upon or
violates any rights owned or held by any other person.  To the Company's
knowledge, none of the patents and patent rights included in the Company
Intangible Property infringes upon or violates any rights owned or held by any
other person.  There is not pending nor, to the Company's knowledge, threatened
any claim, suit or action against the Company contesting or challenging the
rights of the Company in or to any Company Intangible Property or the validity
of any of the Company Intangible Property.  To the Company's knowledge, there is
no infringement upon or unauthorized use of any material item of the Company
Intangible Property owned by the Company by any third party.  The Company is not
in default (or, with the giving of notice or lapse of time or both, would be in
such default) under any material contract to use Company Intangible Property
required to be disclosed on Schedule 5.15.  Neither the Company, nor any
                            -------------
associate (as defined in Section 11.1 hereof) thereof nor any officer, director
or affiliate or immediate family member, as the case may be, thereof has any
right to or interest in any Company Intangible Property, including, without
limitation, any right to payments (by royalty or otherwise) in respect of any
use or transfer thereof.

          "Company Intangible Property" means all patents and patent rights,
trademarks and trademark rights, trade names and tradename rights, service marks
and service mark rights, service names and service name rights, brand names,
inventions, processes, formulae, copyrights and copyright rights, trade dress,
business and product names, logos, slogans, designs, trade secrets, industrial
models, proprietary data, methodologies, computer programs and software
(including all source codes) and related documentation, technical information,
manufacturing, engineering and technical drawings, know-how, inventions, works
of authorship, management information systems, and all pending applications for
and registrations of patents, trademarks, service marks and copyrights used in
the business of the Company, in each such case, including all forms (e.g.,
                                                                     ----
electronic media, computer disks) in which such items are recorded.

                                       8
<PAGE>

          5.16.  Title to Properties and Assets.  The Company has good title
                 ------------------------------
to all of the property and assets owned or purported to be owned by it and
reflected as assets on the December 31, 1999 Balance Sheet and those not so
reflected on the December 31, 1999 Balance Sheet because not required to be
reflected thereon, but which are used in the Company's business, or because
acquired by the Company since the date of the December 31, 1999 Balance Sheet
(except for inventory or other assets disposed of or licensed in the ordinary
course of business since the date of the December 31, 1999 Balance Sheet), free
and clear of any Lien, except (i) Liens for Taxes not yet due and payable; (ii)
Liens of materialmen, mechanics, carriers, landlords and like persons which are
not due and payable or which are being contested in good faith and which are not
material in the aggregate; and (iii) Liens as set forth on Schedule 5.16 hereto.
                                                           -------------
Other than in the ordinary course of business and/or as disclosed on Schedules
                                                                     ---------
5.15 and 5.18 hereto, no person has any written or oral agreement, option,
-----    ----
understanding, commitment or any right or privilege to purchase, lease or
license any material item of the Company's property or assets.

          5.17.  Employee Benefit Plans.  Schedule 5.17 hereto contains a true
                 ----------------------   -------------
and complete list of all Employee Benefit Plans maintained by the Company (or
any affiliate thereof) or under which the Company has any obligations (other
than obligations to make current wage or salary payments) in respect of any of
the employees of the Company or their beneficiaries (each individually, an
"Employee Benefit Plan" and collectively, the "Employee Benefit Plans").  The
Company has delivered or made available to the Purchasers (or a representative
thereof) copies of all material documents, as such may have been amended to the
date hereof, embodying the Employee Benefit Plans, all trust documents, all
reasonably available determination letters issued by the Internal Revenue
Service (the "IRS"), employee booklets, summaries and descriptions, the most
recent compliance and nondiscrimination tests (if any), the most recent Form
5500 reports, standard COBRA forms and notices, any correspondence or inquiry by
the IRS or the Department of Labor, and any material employee communications, in
each case relating to any Employee Benefit Plan.

          All Employee Benefit Plans have complied in all material respects in
form, operation and administration with their respective provisions, any
applicable provisions of ERISA, the Code and all other applicable Laws.  All
contributions to and payments from the Employee Benefit Plans that have been
required to be made in accordance with the provisions of the Employee Benefit
Plans and, where applicable, ERISA and the Code have been made or are adequately
accrued and reflected on the books and records of the Company.  There are no
unfunded material Liabilities in respect of any such Employee Benefit Plan.
Neither the Company nor, to the Company's knowledge, any of its officers,
employees or agents has committed any breach of fiduciary responsibility with
respect to the Employee Benefit Plans to which ERISA is applicable which could
reasonably be expected to subject the Company to any material Liability under
ERISA.  The Company is not obligated to make contributions to any Multiemployer
Plan (as defined in Section 11.1 hereof).  There are options covering 2,167,300
shares of Common Stock eligible to be granted and which have not heretofore been
granted pursuant to existing stock option, stock appreciation, stock grant or
similar plans of the Company.

                                       9
<PAGE>

          5.18.  Transactions with Related Parties.  Except as set forth on
                 ---------------------------------
Schedule 5.18 hereto, no director, officer or affiliate of the Company nor any
-------------
of their immediate family members, as the case may be: (i) has borrowed money
from or loaned money to the Company that has not been repaid; (ii) has an
interest in any property, rights or assets owned and/or used by the Company in
its business; or (iii) is party to any contract or other agreement with the
Company or is engaged in any material transaction or arrangement with the
Company.

          5.19.  Environmental Matters.  The Company has: (i) complied in all
                 ---------------------
material respects with all Environmental Laws; (ii) not received any written
notice from any governmental authority that any real property now or formerly
owned, leased, managed, operated or otherwise used by it is on any federal,
state or foreign "superfund" or similar list or has been the site of any
activity giving rise to any Liability; (iii) not received any written notice of
any Environmental Claim (as defined in Section 11.1 hereof); and (iv) stored,
handled, used, released, discharged and disposed of all substances used in their
operations and wastes or by-products from their operations, whether Hazardous
Materials (as defined in Section 11.1 hereof) or not, in material compliance
with all Environmental Laws.  To the Company's knowledge, no Hazardous Materials
or other substances or wastes have been spilled, released, discharged or
disposed of from, on or under any property owned, leased or operated by the
Company during the Company's occupancy.  The Company has no material Liability
with respect to the clean-up or remediation of any treatment, storage or
disposal site or facility.

          5.20.  Year 2000.  The Company's critical information technology
                 ---------
systems that are used in, or required for the conduct of, its business as
currently conducted or presently proposed to be conducted may be used during and
after the calendar year 2000 without material error or delay relating to date
data and will not otherwise fail to:  (i) deal with or account for transitions
or comparisons from, into and between the years 1999 and 2000 accurately; (ii)
recognize or accurately process any specific date in the year 1999 or 2000; or
(iii) account accurately for the year 2000's status as a leap year, including
recognition and processing of the correct date on February 29, 2000.

          5.21.  Brokers.  The Company has not made any agreement or taken any
                 -------
other action causing anyone to become entitled to a finder's or broker's fee or
commission as a result of the transactions contemplated hereby.

          6.    COVENANTS AND AGREEMENTS.
                ------------------------

          6.1.  Pre-Closing Covenants and Agreements.  The parties covenant
                ------------------------------------
and agree from the date hereof until the earlier of the Closing Date or the
termination of this Agreement (in accordance with its terms) as follows:

          (a)   Ongoing Company Operations.  The Company shall conduct its
                --------------------------
business diligently and substantially in the same manner as heretofore conducted
and use reasonable efforts to preserve the present relationships between the
Company and its suppliers, distributors, customers and others having significant
business relations with it, and shall not, except with the Purchasers' prior
written consent or as contemplated by this Agreement: (i) declare, make or pay
any distributions or dividends on its capital stock or any other equity
securities; (ii)  enter into or

                                      10
<PAGE>

amend any agreement or transaction with any person or entity who or which is an
associate or an affiliate of the Company; (iii) permit or engage in any of the
actions or transactions set forth in Section 5.6 hereof; (iv) issue or grant any
shares of capital stock or other securities, whether or not such are exercisable
for, convertible into or exchangeable for shares of capital stock or such other
securities of the Company or any of its subsidiaries, other than the Preferred
Shares and stock options granted to employees, officers or directors (or Common
Stock issued upon the exercise of stock options); (v) amend or repeal the
Company Constituent Documents; or (vi) enter into any agreement to take any of
the foregoing actions except as required by this Agreement.

          (b)  Investigation by the Purchasers.  The Purchasers may, through
               -------------------------------
their respective authorized representatives (including, without limitation,
their counsel, accountants and consultants), upon reasonable prior notice make
such investigations of the property, offices and operations of the Company and
such review of the financial condition of the Company as they deem necessary or
advisable in connection with the transactions contemplated hereby, including,
without limitation, any investigations enabling them to familiarize themselves
with such property, offices, operations and financial condition; provided, that
                                                                 --------
no unreasonable interference with the normal business operations of the Company
shall thereby be caused.  The Company shall permit the Purchasers and their
respective authorized representatives, subject to the foregoing provisions of
this Section 6.1(b), to have access to the premises and to the books and records
of the Company upon reasonable prior notice, and shall permit such Purchasers
the right to make copies of such books and records and excerpts therefrom.

          (c)   Further Assurances.  Each of the parties shall prior to, on or
                ------------------
after the Closing, as may be appropriate, execute such documents and other
papers and take such other further actions as may be reasonably required to
carry out the provisions hereof and to effectuate the transactions contemplated
by this Agreement. Each party shall use its reasonable best efforts to fulfill
or obtain the fulfillment of the conditions to the Closing within such party's
control, including obtaining any Consents required in connection herewith.

          (d)   Additional Disclosure.  The Company shall promptly notify the
                ---------------------
Purchasers and furnish the Purchasers with any information that such other party
may reasonably request with respect to the occurrence of any event or condition
or the existence of any fact that would cause any of the conditions to such
party's obligation to consummate the transactions contemplated by this Agreement
not to be fulfilled.

          (e)   Maintenance of Insurance.  Until the Closing, the Company shall
                ------------------------
maintain in full force and effect its current insurance policies unless,
simultaneously with any termination or lapse thereof, replacement policies shall
be in full force and effect that provide coverage at levels and amounts equal to
or greater than the coverage under such current policies.

          (f)   Supplemental Disclosure.  Each of the parties agrees that, with
                -----------------------
respect to the representations and warranties made by it in this Agreement, it
will have a continuing obligation to promptly supplement and/or amend the
Schedules to this Agreement with respect to any matter hereafter arising or
discovered that, if existing or known on the date of this

                                      11
<PAGE>

Agreement, would have been required to be set forth in, or described in the
Schedules to, this Agreement.

          (g)   Amended and Restated Stockholders Agreement.  At the Closing,
                -------------------------------------------
the Purchasers shall duly execute and deliver to the Company, and thereby agree
to be bound by, the Third Amended and Restated Stockholders Agreement, between
the Company and the current shareholders of the Company substantially in the
form of Exhibit C attached hereto (the "Stockholders Agreement").

          (h)   Amended and Restated Registration Rights Agreement.  At the
                --------------------------------------------------
Closing, the Purchasers shall duly execute and deliver to the Company, and
thereby agree to be bound by, the Third Amended and Restated Registration Rights
Agreement, between the Company and the current shareholders of the Company
substantially in the form of Exhibit D attached hereto (the "Registration Rights
                             ---------
Agreement").

          6.2.  Post-Closing Covenants and Agreements.  The Company and the
                -------------------------------------
Purchasers hereby covenant and agree as follows:

          (a)   Fees and Disbursements.  The Company and the Purchasers shall
                ----------------------
pay their own fees, costs and expenses, including the fees and disbursements of
any counsel and accountants retained by any of them, incurred in connection with
the preparation, execution, delivery and performance of this Agreement and the
transactions contemplated hereby, whether or not the transactions contemplated
hereby are consummated; provided, however, that the Company shall reimburse the
                        --------  -------
Purchasers for up to an aggregate of $15,000 of their fees, costs and expenses
if the transactions contemplated hereby shall close.

          7.    CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO CLOSE;
                ---------------------------------------------------------------
PURCHASER DELIVERIES.  The obligation of the Company to complete the Closing is
--------------------
subject to the fulfillment on or prior to the Closing Date of all of the
following conditions, any one or more of which (other than Section 7.1 hereof)
may be waived by the Company in writing:

          7.1.  No Legal Proceedings.  No court or governmental action or
                --------------------
proceeding shall have been instituted or threatened to restrain, materially
delay or prohibit the transactions contemplated hereby.

          7.2.  Representations and Warranties.  The representations and
                ------------------------------
warranties of the Purchasers contained in this Agreement shall be true and
correct in all material respects on and as of the Closing Date with the same
force and effect as if such representations and warranties shall have been made
on and as of the Closing Date.

           7.3.  Purchase Price.  The Company shall have received the full
                 --------------
Purchase Price from the Purchasers; provided, however, that if one or more of
the Purchasers shall, for any reason, fail to deliver its portion of the
Purchase Price, the Company may, in its sole discretion, elect to close the
transactions contemplated hereby and issue and sell the Preferred Shares to
those Purchasers who shall have delivered their respective portions of the
Purchase Price.

                                      12
<PAGE>

          7.4.  Related Agreements.  The Purchasers shall have duly executed and
                ------------------
delivered to the Company the Stockholders Agreement and the Registration Rights
Agreement.

          7.5.  Consents.  The Company shall have received all Consents and
waivers from its existing shareholders necessary to effectuate the transactions
contemplated hereby.

          8.    CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE PURCHASERS TO
                ------------------------------------------------------------
CLOSE; COMPANY DELIVERIES.  The obligations of the Purchasers to complete the
-------------------------
Closing are subject to the fulfillment on or prior to the Closing Date of all of
the following conditions, any one or more of which (other than Section 8.1
hereof) may be waived by the Purchasers, other than the condition set forth in
Section 8.5 below which may be waived only by a Purchaser severally, in writing:

          8.1.  No Legal Proceedings.  No court or governmental action or
                --------------------
proceeding shall have been instituted or threatened to restrain, materially
delay or prohibit the transactions contemplated hereby.

          8.2.  Agreements and Covenants.  On or before the Closing Date, the
                ------------------------
Company shall have complied with and duly performed in all material respects all
agreements and covenants on its part to be complied with and performed by such
date pursuant to this Agreement.

          8.3.  Representations and Warranties.  The representations and
                ------------------------------
warranties of the Company contained in this Agreement shall be true and correct
in all material respects on and as of the Closing Date with the same force and
effect as if such representations and warranties shall have been made on and as
of the Closing Date.

          8.4.  Officer's Certificate.  The Purchaser shall have received a
                ---------------------
certificate, dated the Closing Date, executed by a duly authorized officer of
the Company certifying that the conditions set forth in Sections 8.1, 8.2 and
8.3 hereof shall have been fulfilled.

          8.5.  Preferred Shares.  Each Purchaser shall have received from the
                ----------------
Company a stock certificate evidencing the number of Preferred Shares set forth
opposite such Purchaser's name on Exhibit A hereto; provided, that any Purchaser
                                  ---------         --------
in respect of which the Company shall be prepared to issue and sell Preferred
Shares pursuant hereto shall not be able to avail itself of this condition as it
may relate to other Purchasers.

          8.6.  Opinion of the Company's Counsel.  The Purchasers shall have
                --------------------------------
received a legal opinion, dated the Closing Date, of Kirkpatrick & Lockhart LLP,
corporate counsel to the Company, substantially in the form of Exhibit E
                                                               ---------
attached hereto.

          8.7.  Secretary's Certificate.  The Purchasers shall have received a
certificate, dated the Closing Date and executed by the Secretary of the
Company, setting forth a copy of the resolutions adopted by the Board of
Directors of the Company duly authorizing and approving the execution and
delivery of this Agreement and the consummation of the transactions

                                      13
<PAGE>

contemplated hereby, a copy of the Company's Bylaws and a copy of the Restated
Certificate in the form filed with the New York Secretary of State.

          8.8.  Valid Existence Certificate.  The Company shall have delivered
                ---------------------------
to the Purchasers a certificate evidencing the valid existence of the Company
certified by the Secretary of State of the State of New York.

          8.9.  Related Agreements.  The Company and the other parties thereto
                ------------------
shall have duly executed and delivered to the Purchasers the Stockholders
Agreement and the Registration Rights Agreement.

          8.10. Consents.  The Company shall have received all Consents and
waivers from its existing shareholders necessary to effectuate the transactions
contemplated hereby.

          8.11. Restated Certificate of Incorporation. The Company shall have
                -------------------------------------
provided to the Purchasers evidence that the Company's Restated Certificate of
Incorporation has been filed with the New York Secretary of State.

          8.12. Common Stock Purchase Agreement.  As a condition to the
                -------------------------------
obligations of Integral Capital Partners IV, L.P. and Integral Capital Partners
IV MS Side Funds, L.P. hereunder only, the Common Stock Purchase Agreement by
and among Bruce and Lynne Friedman and Integral Capital Partners IV, L.P. and
Integral Capital Partners IV MS Side Fund, L.P. shall have been executed by and
delivered to the parties thereto.

          9.    SURVIVAL OF REPRESENTATIONS AND WARRANTIES.  Notwithstanding any
                ------------------------------------------
right of the Purchasers fully to investigate the affairs and conditions of the
Company, the Purchasers have the right to rely upon the representations,
warranties, covenants and agreements of the Company expressly contained in this
Agreement. All representations and warranties contained in this Agreement
(including the Schedules hereto), except for those representations and
warranties contained in Sections 4.2, 4.4, 4.6, 5.1, 5.2, 5.3, 5.4, 5.7, 5.8,
5.10, 5.17, 5.18 and 5.21 hereof, shall survive for eighteen (18) months
following the Closing Date. The representations and warranties contained in
Section 5.18 hereof shall survive for three (3) years following the Closing
Date, the representations and warranties in Sections 4.2, 4.6, 5.1, 5.2, 5.3,
5.4, 5.7 and 5.10 hereof shall survive the Closing Date indefinitely, and the
representations and warranties contained in Sections 4.4, 5.8, 5.17 and 5.21
hereof shall survive until the expiration of any applicable statute of
limitations. All covenants and agreements contained herein which are to be
performed after the Closing shall survive until fully performed in accordance
with their terms, and all covenants and agreements contained herein which are,
in accordance with their terms, to be performed at or prior to the Closing shall
survive for eighteen (18) months following the Closing Date. No claim or cause
of action resulting from a breach hereunder may be asserted unless asserted in
writing to the party as to which there is alleged a breach prior to the
expiration of the applicable survival period; provided, however, that the
                                              --------  -------
representations, warranties, covenants and agreements contained herein shall
survive after the applicable survival period with respect to any claim made in
writing in accordance with this Agreement by a party prior to the expiration
thereof until, and shall expire when, such claim or cause of action is finally
resolved.

                                      14
<PAGE>

          10.   INDEMNIFICATION.
                ---------------

          10.1. Obligation of the Company to Indemnify.  Subject to the
limitations and expiration dates contained in Section 9 hereof and to this
Section 10, the Company shall indemnify, defend and hold harmless the Purchasers
and each of their respective directors, officers, equityholders, affiliates,
successors and permitted assigns from and against, and shall pay and/or
reimburse the foregoing persons for, any and all losses, liabilities, claims,
obligations, damages, costs and expenses (including reasonable attorneys' fees
and disbursements and other costs incurred or sustained by an Indemnitee (as
defined below) in connection with the defense or prosecution of any claim,
action or proceeding) (collectively, "Losses") relating to or arising out of the
breach of any representation, warranty, covenant or agreement of the Company
contained in this Agreement.

          10.2.  [intentionally omitted]

          10.3.  Notice to Indemnifying Party.  If a Purchaser (or any related
                 ----------------------------
indemnitees) receives notice of any claim or the commencement of any action or
proceeding (the "Indemnitee") with respect to which the Company is obligated to
provide indemnification (the "Indemnifying Party") pursuant to Section 10.1
hereof, the Indemnitee shall give the Indemnifying Party written notice thereof
within a reasonable period of time following the Indemnitee's receipt of such
notice.  Such notice shall describe the claim in reasonable detail and shall
indicate the amount (estimated if necessary) of the Losses that have been or may
be sustained by the Indemnitee.  The Indemnifying Party may, subject to the
other provisions of this Section 10.3, compromise or defend, at such
Indemnifying Party's own expense and by such Indemnifying Party's own counsel,
any such matter involving the asserted liability of the Indemnitee in respect of
a third-party claim.  If the Indemnifying Party elects to compromise or defend
such asserted liability, it shall within thirty (30) days (or sooner, if the
nature of the asserted liability so requires) notify the Indemnitee of its
intent to do so, and the Indemnitee, shall reasonably cooperate, at the request
and reasonable expense of the Indemnifying Party, in the compromise of, or
defense against, such asserted liability.  The Indemnifying Party will not be
released from any obligation to indemnify the Indemnitee hereunder with respect
to a claim without the  prior written consent of the Indemnitee, unless the
Indemnifying Party delivers to the Indemnitee a duly executed agreement settling
or compromising such claim with no monetary liability to or injunctive relief
against the Indemnitee and a complete release of the Indemnitee with respect
thereto.  The Indemnifying Party shall have the right, except as otherwise
provided below in this Section 10.3, to conduct and control the defense of any
third-party claim made for which it has been provided notice hereunder.  All
reasonable costs and fees incurred with respect to any such claim will be borne
by the Indemnifying Party.  The Indemnitee will have the right to participate,
but not control, at its own expense, the defense or settlement of any such
claim; provided, that if the Indemnitee  and the Indemnifying Party shall have
       --------
conflicting claims or defenses, the Indemnifying Party shall not have control of
such conflicting claims or defenses and the Indemnitee (and all related
Indemnitees) shall be entitled to appoint a separate counsel for such claims and
defenses at the reasonable cost and expense of the Indemnifying Party.  If the
Indemnifying Party chooses to defend any claim, the Indemnitee

                                      15
<PAGE>

shall make available to the Indemnifying Party any books, records or other
documents within its control that are reasonably required for such defense.

          10.4.  Limitations on Indemnification.  (a) The Company shall be
                 ------------------------------
obligated to indemnify any Indemnitee(s) pursuant to Section 10.1 hereof with
respect to any Losses incurred by such Indemnitee(s) only if and to the extent
that the aggregate amount of Losses for claims made by all Indemnitees shall
exceed $200,000, in which case only the excess over $200,000 shall be subject to
indemnification hereunder.  The foregoing $200,000 minimum requirement shall not
apply in respect of claims or actions arising out of or resulting from
breach(es) of Sections 5.1, 5.2, 5.3, 5.4, 5.7, 5.10 and 5.21 hereof.

          (b) In no event shall the Company or the Purchasers, as the case may
be, be liable to any Indemnitee(s) hereunder for special, consequential,
indirect, incidental or punitive damages or penalties.

          (c) Notwithstanding anything to the contrary contained in this
Agreement, the aggregate liability of the Company for any and all Losses
incurred by the Purchasers (and all related Indemnitees) and for which the
Purchasers (and all related Indemnitees) would otherwise be entitled to
indemnification hereunder shall not exceed $50,000,000.

          (d) Any indemnification payment(s) payable pursuant to this Agreement
shall be decreased by and to the extent of any insurance proceeds or Tax
benefits obtained by an Indemnitee in respect of the Losses giving rise to such
indemnification payment(s).

          (e) To the extent reasonably practicable, the Purchasers shall seek to
combine and jointly pursue any claims or actions that they may have in respect
of a breach by the Company of any of its representations, warranties or
agreements contained herein.

          10.5.  Exclusive Remedy.  Each of the Purchasers acknowledges and
                 ----------------
agrees that (absent securities or other fraud) the sole and exclusive remedy and
recourse (at law or in equity) with respect to any and all Losses relating to or
arising out of the subject matter of this Agreement shall be pursuant, and
subject, to the indemnification provisions set forth in this Section 10.

          11.    MISCELLANEOUS.
                 -------------

          11.1.  Certain Definitions.  As used in this Agreement, the following
                 -------------------
terms shall have the following meanings unless the context otherwise clearly
requires:

          (a) "affiliate," with respect to any person, means and includes any
               ---------
other person, directly or indirectly, controlling, controlled by or under common
control with such person.

          (b) "associate" shall have the meaning ascribed thereto in Rule 405 of
               ---------
the Securities Act.

                                      16
<PAGE>

          (c) "CAPSxpert Database" means the collection of information on
               ------------------
electronic components, including semiconductor devices and integrated circuits,
PCB-type connectors, multipin connectors, resistors, capacitators and inductors.

          (d) "Code" means the Internal Revenue Code of 1986, as amended, and
               ----
the applicable Treasury Regulations (as hereinafter defined).

          (e) "contract or other agreement" means and includes all contracts,
               ---------------------------
agreements, understandings, indentures, notes, bonds, loans, instruments,
leases, mortgages, commitments, obligations or other binding arrangements, oral
or written.

          (f) "Environmental Claim" means any and all administrative, regulatory
               -------------------
or judicial actions, suits, demands, demand letters, directives, claims, Liens,
investigations, proceedings or notices of noncompliance or violation (written or
oral) by any person alleging potential Liability (including Liability for
enforcement, investigatory costs, cleanup costs, governmental response costs,
removal costs, remedial costs, natural resources damages, property damages,
personal injuries or penalties) arising out of, based on or resulting from (i)
the presence, or release or threatened release into the environment, of any
Hazardous Materials at any location (whether or not owned) presently or formerly
operated, leased or managed by the Company, as applicable, or (ii) any and all
claims by any third party seeking damages, contribution, indemnification, cost
recovery, compensation or injunctive relief resulting from the presence or
release of any Hazardous Materials.

          (g) "Environmental Laws" mean any laws, statutes, regulations, rules
               ------------------
or orders which relate to or otherwise impose Liability or a standard of conduct
concerning the discharge, emission, storage, treatment, transportation,
handling, release, threatened release, or disposal of Hazardous Materials,
including, but not limited to, the Air Pollution Control Act, as amended, the
Federal Water Pollution Control Act, as amended, the Comprehensive Environmental
Response, Compensation and Liability Act of 1980, as amended, the Resource
Conservation and Recovery Act of 1976, as amended, and the Toxic Substances
Control Act of 1976, as amended, and any other similar federal, state or local
statutes.

          (h) "GAAP" means United States generally accepted accounting
               ----
principles.

          (i) "Hazardous Materials" means any pollutant, contaminant, hazardous,
               -------------------
radioactive or toxic substance, material, constituent or waste, or any other
waste, substance, chemical or material regulated under any Environmental Law,
including (i) petroleum, crude oil and any fractions thereof, (ii) natural gas,
synthetic gas and any mixtures thereof, (iii) asbestos and/or asbestos-
containing material, (iv) radon and (v) polychlorinated biphenyls ("PCBs") or
materials or fluids containing PCBs.

          (j) "Laws" means all federal, state, local and foreign laws, statutes,
               ----
ordinances, regulations, orders, judgments, injunctions, awards or decrees.

                                      17
<PAGE>

          (k) "Liabilities" means debts, liabilities or obligations, whether
               -----------
absolute or contingent, asserted or unasserted, accrued or unaccrued, liquidated
or unliquidated, matured or unmatured, due or to become due, or fixed or
unfixed.

          (l) "Lien" means and includes any lien, pledge, mortgage, security
               ----
interest, claim, lease, charge, option, right of first refusal or offer,
easement, servitude, transfer restriction or voting requirement under any or
similar agreement, or any other encumbrance, restriction or limitation
whatsoever.  "Lien" shall not include any liability pursuant to Section 630 of
the BCL.

          (m) "Multiemployer Plan" means a multiemployer plan within the meaning
               ------------------
of Section 3(37) or Section 4001(a)(3) of ERISA.

          (n) "person" means any individual, corporation, partnership, firm,
               ------
joint venture, association, joint-stock company, trust, unincorporated
organization, governmental or regulatory body or other entity.

          (o) "property" means real, personal or mixed property, tangible or
               --------
intangible.

          (p) "Tax Returns" means all written returns, declarations, reports,
               -----------
forms, estimates, information returns and statements filed in respect of any
Taxes and supplied to any taxing authority in connection with any Taxes.

          (q) "Taxes" (or "Tax" where the context requires) means all federal,
               -----       ---
state, county, local, foreign and other taxes (including, without limitation,
income, profits, premium, estimated, excise, sales, use, occupancy, gross
receipts, franchise, ad valorem, severance, capital levy, production, transfer,
withholding, employment, unemployment compensation, payroll-related and property
taxes, and other governmental charges and assessments), whether or not measured
in whole or in part by net income, and including deficiencies, interest,
additions to tax or interest and penalties with respect thereto.

          (r) "the Company's knowledge" means the actual knowledge of the
               -----------------------
executive officers of the Company after reasonable investigation.

          (s) "Treasury Regulations" means the regulations promulgated under the
               --------------------
Code.

          11.2.  Publicity.  "No publicity release or announcement concerning
                 ---------
this Agreement or the transactions contemplated hereby shall be issued without
advance approval of the form and substance thereof jointly by the Company and
the Purchasers (which approval shall not be unreasonably withheld, delayed or
conditioned) other than any announcement required by applicable securities laws
or the rules and regulations of any stock or similar exchange to which a party
is subject; provided, that the party making such disclosure shall notify the
            --------
other party reasonably in advance of such disclosure.

          11.3.  Notices.  Any notice or other communication required or which
                 -------
may be given hereunder shall be in writing and shall be delivered personally,
sent by facsimile

                                      18
<PAGE>

transmission (with confirming copy by overnight courier), or by a recognized
overnight courier for next business day delivery, certified, registered, or
express mail, postage or fees prepaid, and shall be deemed given when so
delivered personally, sent by facsimile transmission with electronic
confirmation of receipt or the next business day after delivered to such
overnight courier or express mail service or, if mailed, five (5) days after the
date of mailing, as follows:

          if to the Company, to:

               PartMiner, Inc.
               432 Park Avenue South
               12th Floor
               New York, NY  10016
               Attn:  General Counsel
               Fax:   (212) 592-5833

               with a copy to:

               Kirkpatrick & Lockhart LLP
               1251 Avenue of the Americas
               New York, NY  10020
               Attn:  Stephen R. Connoni, Esq.
               Fax:   (212) 536-3901

               if to any of the Purchasers, to the respective addresses as set
forth on Schedule 11.3 hereto.
         -------------

          Any party may by notice given in accordance with this Section 11.3 to
the other parties designate another address or person for receipt of notices
hereunder.

          11.4.  Entire Agreement.  This Agreement (including the Schedules
                 ----------------
and Exhibits hereto) and the agreements and certificates executed in connection
with the consummation of the transactions contemplated hereby (the "Agreements")
embody the entire agreement and understanding of the parties with respect to the
subject matter hereof and shall supersede all prior agreements and
understandings, written or oral, between the parties.  The parties hereby
acknowledge and agree that the only representations and warranties made by the
parties in connection with the transactions contemplated hereby are those
expressly made in writing and contained herein.  No oral representations or
warranties have been made or implied by any party.

          11.5.  Waivers and Amendments.  This Agreement may be amended,
                 ----------------------
superseded or canceled only by a written instrument executed by the Company and
the Purchasers.  Any of the terms or conditions hereof may be waived only by a
written instrument signed by the party or parties to be bound thereby.  No delay
on the part of any party in exercising any right, power or privilege hereunder
shall operate as a waiver thereof, nor shall any waiver on the part of any party
of any right, power or privilege hereunder, nor any single or partial exercise
of any right,

                                      19
<PAGE>

power or privilege hereunder, preclude any other or further exercise thereof or
the exercise of any other right, power or privilege
hereunder.

          11.6.  Binding Effect; Assignment.  This Agreement shall be binding
                 --------------------------
upon and inure to the benefit of the parties and their respective successors and
permitted assigns.  Neither this Agreement nor any rights or obligations
hereunder shall be assignable (including by way of distribution or liquidation)
or delegable by any party except with the prior written consent of the other
party.

          11.7.  Variations in Pronouns.  All pronouns and any variations
                 ----------------------
thereof refer to the masculine, feminine or neuter, singular or plural, as the
identity of the person or persons may require.

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

          11.9.  Headings.  The headings in this Agreement are for reference
                 --------
purposes only and shall not in any way affect or limit the meaning or
interpretation of this Agreement.

          11.10.  No Strict Construction.  The language used in this Agreement
                  ----------------------
has been negotiated by the parties and shall be deemed to be the language chosen
by the parties to express their mutual intent, and no rule of strict
construction will be applied against any party.

          11.11.  Governing Law.  This Agreement shall be governed by and
                  -------------
construed in accordance with the laws of the State of New York applicable to
agreements made and to be performed entirely within such jurisdiction.

          11.12.  No Third-Party Beneficiaries.  Except as provided in Section
                  ----------------------------
10.1 hereof, there are no intended third-party beneficiaries to this Agreement
and this Agreement does not confer, and shall not be construed to confer, upon
any person, other than the parties, any rights, privileges or remedies hereunder
or otherwise.

          11.13.  Subsidiaries.  For purposes of this Agreement, all
                  ------------
references to the Company in this Agreement shall, unless the context
specifically indicates otherwise, be deemed to be references to the Company and
its subsidiaries.

          11.14.  Actions by Purchasers.  Unless otherwise specifically
                  ---------------------
provided herein, all actions or determinations required or permitted herein to
be taken or made by the Purchasers, including, without limitation, Sections
6.1(b), 8, 11.2 and 11.5 hereof, shall be deemed to have been consented to by
all Purchasers if Purchasers holding (or shall have agreed to purchase, as the
case may be) 66 2/3% of the Preferred Shares shall agree to take such actions or
make such determinations; provided, however, that no amendment of this Agreement
                          --------  -------
which has a disproportionate adverse effect on a particular Purchaser shall be
effective against such Purchaser unless consented to by such Purchaser.

                                      20
<PAGE>

          11.15.  Other Engagements and Activities; Use of Name.
                  ---------------------------------------------

          (a)   The investment in the Company being made by The Goldman Sachs
Group, Inc. (together, with any affiliates thereof, a "GS Entity" of the "GS
Entities") pursuant to the Agreements, and any subsequent investments in the
Company by any GS Entity after the date hereof, is being made notwithstanding
any engagement, prior to or subsequent to the date hereof, by the Company of any
GS Entity as financial advisor, agent or underwriter to the Company.
Notwithstanding anything in any of the Agreements to the contrary (except for
Section 8.08 of the Stockholders Agreement), no GS Entity shall be restricted in
any way from engaging in any brokerage, investment advisory, financial advisory,
anti-raid advisory, financing, asset management, trading, market making,
arbitrage and other similar activities conducted in the ordinary course of its
business.

          (b)   Neither the Company nor any of its affiliates shall use the
names of any GS Entity in any press release, notice or other publication without
the prior written consent of such GS Entity, which such consent shall not be
unreasonably withheld or delayed; provided, however, that such GS Entity
                                  --------  -------
acknowledges and agrees that the Company may issue a press release upon the
closing of the sale of the Preferred Shares stating the total amount invested in
the Company and a list of the purchasers, and may describe The Goldman Sachs
Group, Inc.'s relationship with the Company in any prospectus filed by or on
behalf of the Company in connection with its initial public offering.

                                      21
<PAGE>

          IN WITNESS WHEREOF, the parties have executed this Agreement as of
the date first above written.

                         PARTMINER, INC.

                         By: /s/ Daniel Nissanoff
                             ______________________________
                             Name:   Daniel Nissanoff
                             Title:  President and Chief Executive Officer

                         INTEGRAL CAPITAL PARTNERS IV, L.P.
                         By:  Integral Capital Management IV, LLC
                              its General Partner

                         By: /s/ Pamela K. Hagenah
                             ______________________________
                             Name:   Pamela K. Hagenah
                             Title:  Manager

                         INTEGRAL CAPITAL PARTNERS IV MS SIDE
                         FUND, L.P.
                         By:  Integral Capital Partners NBT, LLC
                              its General Partner

                         By: /s/ Pamela K. Hagenah
                             ______________________________
                             Name:   Pamela K. Hagenah
                             Title:  Manager

                         AGILE SOFTWARE CORPORATION

                         By: /s/ Thomas P. Shanahan
                             ______________________________
                             Name:
                             Title:

                         IMPACT VENTURE PARTNERS, L.P.

                         By: /s/ Adam Dell
                             ______________________________
                             Name:
                             Title:

                                      22
<PAGE>

                         OMI PARTNERSHIP HOLDINGS LTD.

                             /s/ A.R. Melman
                         By:________________________________________
                            Name:
                            Title:

                         GENERATION CAPITAL PARTNERS L.P.
                         By:  Generation Partners L.P., as General Partner

                              By:  Generation Capital Company LLC,
                                   as General Partner

                             /s/ Mark Jennings
                         By:________________________________________
                            Name:   Mark Jennings
                            Title:  Managing Director

                         STATE BOARD OF ADMINISTRATION OF FLORIDA
                         By:  Generation Parallel Management Partners L.P.,
                              as Manager

                             By:  Generation Capital Company LLC,
                                  as General Partner

                             /s/ Mark Jennings
                         By:________________________________________
                            Name:   Mark Jennings
                            Title:  Managing Director

                         GENERATION PARALLEL MANAGEMENT
                           PARTNERS L.P.
                         By:  Generation Capital Company LLC,
                              as General Partner

                             /s/ Mark Jennings
                         By:________________________________________
                            Name:   Mark Jennings
                            Title:  Managing Director

                         BROADVIEW SLP

                             /s/ Peter Mooney
                         By:________________________________________
                            Name:
                            Title:

                                      23
<PAGE>

                         THE GOLDMAN SACHS GROUP, INC.

                             /s/ Joseph Gleberman
                         By:________________________________________
                            Name:
                            Title:

                         CAHNERS INFORMATION HOLDINGS, INC.

                             /s/ Charles Fontaine
                         By:________________________________________
                            Name:
                            Title:

                         SEACOAST CAPITAL PARTNERS LIMITED
                              PARTNERSHIP
                         By: Seacoast I Advisors LLC,
                               its General Partner

                             /s/ Eben S. Moulton
                         By:________________________________________
                            Name:
                            Title:

                         SEACOAST INVESTORS LLC

                             /s/ Eben S. Moulton
                         By:________________________________________
                            Name:
                            Title:

                         BOSTON VENTURES LIMITED PARTNERSHIP V
                         By:  Boston Ventures Management, Inc.

                             /s/ James Wilson
                         By:________________________________________
                            Name:
                            Title:

                         VULCAN SECURITIES LIMITED

                             /s/ Michael von Staudt
                         By:________________________________________
                            Name:
                            Title:

                                      24

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