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Mar'c}) 28, 1994.

Mr. Leonard Fas s le r

Co- Chill r ma n
Sage Technologies
700 Canal Street
St amford, CT 06902 GOVERNMENT
EXHIBIT
Per sonal &. Confidential
GT-4
De ar Len:

En clos e d is my check dated March 28, 1 994 to Sag e T e ch n ologi e s f or t he

purc h as e of 15 )00 0 s h a r e s of Sage T ec h n ologi e s s t oc k to be is s u e d in my name ,
J o s ep h L. Bru no . This transaction will e x e cu t e the options ea r n e d in my
e n ga ge me n t le tte r with Sage T echnologi e s d ate d January 22, 1993 .

T he 15 ) 000 s ha res r e fl e c ts th e t h r ee for two stock split I q ualify fo r under

the t e r ms of ou r agreemen t a s ou t li ne d in my previous lette r to y ou d a te d
No ve mbe r 23) 199 3.

To r evie w , I have particip ated to some ex t e nt in sales now totallin g ove r $1

mi llion with Joe Magno origin a tin g in the Capital Dis t r ict mar k e t p la ce wit h
a c cou n t s s u ch as Alb a n y In t e r n a tion al, aTB, G-Te ch, Hu d s on Valley Commu n ity
Co llege, etc. I believe .Ioe h a s verifi e d my involvement in previous
corres p ondence.

In a d di tion , several appointments 111a t I had arranged in 1993 were eith er

not followed up at all or not f ollowed up af t er the first call. Thes e in cl ud e t he
la r ge accounts of Tra v ele rs, Cig na, Hartford, Metr-opolitan Life , and t h e Ne w
York City Board of Ed u ca ti on. In p articular, in subseque n t mee t in g s wit h La l'1:'Y
Na p o litan o and Metropolitan Life, they in d ica ted several million d ollar s in
bu s iness oppor tu n ities we re missed becau s e of lack of f ollow up from u s .

You and I dis cu s s e d that we were premature in attempting to d o b u s i ne s s

because we were s till in the acquisition mode and did not have the co ve r a g e that
we ha ve t oday. I have since made appointments with all of those me ntion e d and
others wi t h continuing discussions that will h op efuUy lead to s u bstantial
busine ss.

I would a p p r eci a te anything that could be done to expedite the t ran s f er of

thes e sha r es sin ce they would help me g r ea tl y in being able to use the m for
co lla t eral a n d their value can be reflected on my personal financial sta t e ment.

05~ 3 5
 Mr. Leon a r d Fa s s ler
Page 2
Ma r c h 28 , 1994

Pl ease let me kn ow if y ou have any questi ons . Than ks agai n fo r your

inter es t and h e lp. I look for wa rd to ta lki ng wit h you soon.

Sin ce r e ly ,

J L B : lk

SENATOR JO SEPH L. BR UNO 8916

ROOM 409. LEGISLATIVE OFFICE BLDG.
ALBANY. NY 12247
50-421213

PAY
TO THE
',! ORDER OF Sage Technologie s
Sixt y t housand dollar s and no / c e nt s ---------- -------- ----- - -- - ---- - - -- -DOLLAR
-- S

~
~ MARIN E M I D LA N D B ANK . ~ ...
~ BRUNSWICKOFFICE
,. 782 HOOSICK ROAD
TROY, NEWYORK 12180

FOR _

~· ·· · t~ • •

543G
 ...

SAGE ALERTING SYSTEM S, INC.

SEE REVERSE FOR

CERT" IN DEFI NITIONS

**FI FTEEN 'THOUSANP**'

FULLY PAlO ArJD NON ·ASSESSA BLE SH ARES OF THE COMMON STOCK . 5.0 1 PA R VA LUE OF

L_ _
SECRETA RY

05 ~ 3 7