0001104659-04-001717 Sample Contracts

JOINT FILING AGREEMENT AND POWER OF ATTORNEY January 21, 2004
Joint Filing Agreement • January 26th, 2004 • Digital Recorders Inc • Radio & tv broadcasting & communications equipment

Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, each undersigned party hereby agrees to the joint filing, on behalf of such undersigned party with respect to the common stock, par value $0.10 per share, of Digital Recorders, Inc., a North Carolina corporation, of any and all form(s), statement(s), report(s), and/or document(s) required to be filed by such undersigned party under Section 16 or Section 13(d) of the Exchange Act (including any amendment(s), supplement(s), and/or exhibit(s) thereto) with the Securities and Exchange Commission (and, if such security is registered on a national securities exchange or national securities association, also with the exchange or association), and further agrees that this Joint Filing Agreement and Power of Attorney shall be included as an Exhibit to each such joint filing.

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STOCK PURCHASE AGREEMENT BY AND BETWEEN TRANSIT VEHICLE TECHNOLOGY INVESTMENTS, INC. AND LITE VISION CORPORATION JANUARY 15, 2004
Stock Purchase Agreement • January 26th, 2004 • Digital Recorders Inc • Radio & tv broadcasting & communications equipment • Texas

THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made and effective as of January 15, 2004 by and between Transit Vehicle Technology Investments, Inc., a Texas corporation (the “Buyer”), and Lite Vision Corporation, a Taiwan company (the “Seller”).

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