ASSIGNMENT OF INTELLECTUAL PROPERTY RIGHTS
THIS
ASSIGNMENT OF INTELLECTUAL PROPERTY RIGHTS
(this "Assignment") is entered into
by and between BSI2000, INC. , a Delaware
corporation, ("Buyer"), whose address is 12600 W. Colfax Avenue,
Suite B410A, Lakewood, CO 80215 and THE NEW SYTRON,
INC. , a Colorado corporation ("Seller"), whose address is
11959 Discovery Court, Moorpark, CA 93021 on August 25,
2005.
RECITALS
By court orders dated February 2, 2005 and May
4, 2005, in Case No. 05 CV 15 pending in the
District Court for Boulder County, Colorado, titled The New
Sytron, Inc. v. DPI International Group , Seller was granted
"full and final possession, control and ownership" of certain
assets of DPI International Group, a Nevada Corporation ("Debtor"),
including the access control system commonly known as MAXX-NET,
MAXX-Net, Maxx-Net or any variation thereof (the "Maxx-Net
System").
AGREEMENTS
For good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties agree
as follows:
1. Pursuant to the exercise by Buyer of its option
to purchase under that certain Option to Purchase Agreement dated
as of August 2, 2005 by and among Buyer, Seller and Ahmad
Ibrahim, Seller hereby assigns to Buyer all right, title and
interest which Seller and/or DPI International Group Inc., as
debtor, has or may in the future have relating to possession, use
and/or ownership of the following described assets (collectively,
the "Assets"): The Maxx-Net System and any and all assets
comprising components