Imark Technologies Inc – SUBSCRIPTION AGREEMENT (September 17th, 1998)
1 EXHIBIT 99.2 SUBSCRIPTION AGREEMENT This SUBSCRIPTION AGREEMENT (the "Agreement") is made and entered into effective as of June 15, 1998, by and among IMARK Technologies, Inc., a Delaware corporation ("IMARK") and International Advance, Inc., a Delaware corporation ("Advance"). RECITALS The purposes of this Agreement are, inter alia, to provide IMARK with financing and an interest in a related company. Pursuant to this Agreement, IMARK will issue common and preferred shares to Advance, with Advance being free to distribute such shares to its shareholders (the "Advance Stockholders"). After the closing, the Advance Stockholders in the aggregate will own a majority of the capital and voting stock of IMARK. NOW, THEREFORE, the parties agree as follows: 1. DEFINITIONS 1.1 DEFINITIONS.
Imark Technologies Inc – LOAN AND SECURITY AGREEMENT (September 17th, 1998)
1 EXHIBIT 99.3 LOAN AND SECURITY AGREEMENT This Loan and Security Agreement is made as of August 6, 1998, by and between IMARK Technologies, Inc., a Delaware corporation with its principal office at 580 Herndon Parkway, Suite 100, Herndon, VA 20170-5225 ("IMARK") and International Advance, Inc., a Delaware corporation ("Advance"). WHEREAS, Advance has extended credit of $400,000 (the "Existing Credit") to IMARK, which credit is due on demand as of the date hereof; WHEREAS, IMARK has requested that Advance defer any call with respect to the Existing Credit and provide to IMARK additional credit in the principal amount of up to $600,000 (the "Additional Credit"); and WHEREAS, Advance is willing to defer any call with respect to the Existing Credit and to provide the Additional Credit (together the "Loan"), but only upon the t
Imark Technologies Inc – IMARK ENTERS LETTER OF INTENT (May 1st, 1998)
1 EXHIBIT 99.1 IMARK ENTERS LETTER OF INTENT TO ACQUIRE INTERNATIONAL ADVANCE INTERNATIONAL ADVANCE CONTRIBUTES $1 MILLION CASH INFUSION AND 30% OWNERSHIP IN UK-BASED INTERNET SERVICE PROVIDER Herndon, VA-April 23, 1998-Imark Technologies, Inc. (NASDAQ:MAXX) announced today that it has entered into a letter of intent to acquire International Advance, a private Delaware-based holding company. International Advance owns a 29.9% interest in Voss Net, a London-based Internet Service Provider trading in the UK on the Alternative Investment Market. International Advance's interest in Voss Net is currently valued by the market at approximately $2 million. International Advance will also have a minimum of $1 million in cash before the transaction is consummated. Under the terms of the agreement, subject to approval by Imark's Board, Internati