release of the UCC-1's currently filed by Frontier against Digitec, please

 Exhibit 10.24
             Settlement Agreement with Frontier Communications, Inc.

                                                August 17, 1998

Kenneth A. Payment, Esq.
Harter, Secrest & Emery
700 Midtown Tower
Rochester, New York  14604

      Re: Frontier Communications International, Inc. v. Digitec 2000, Inc.

Dear Ken:

            As per the terms of the settlement agreement that we reached on
August 6, 1998, Digitec will pay Frontier $150,000.00 via wire transfer, on or
before the close of business on September 7, 1998. Digitec will pay Frontier the
remaining $50,000.00 via wire transfer, on or before the close of business on
September 22, 1998. The transfer of funds should be made to the account of
Frontier Communications International, Inc., at Marine Midland Bank, Rochester,
New York. The pertinent transfer information is as follows:

            Credit account number:   590 838 814
            ABA routing number:      021 001 088

            In response to your letter dated August 6, 1998, regarding the
release of the UCC-1's currently filed by Frontier against Digitec, please
prepare and forward to me the necessary documentation for our review and
execution.

            I have enclosed the following for signature by your client:
Affidavit of Confession of Judgment, Release, and Stipulation Discontinuing
Action. Please have them executed and return them to me at your earliest
convenience. We will hold these documents in escrow pending receipt of the
September 22, 1998 payment. As soon as Frontier executes the Release, I will
forward it to you.

                                                     Very truly yours,

                                                     /s/ Michael D. Norris
                                                     ---------------------
                                                     Michael D. Norris

MDN/atb
Enclosures

cc: Terrance P. O'Grady, Esq. 

Basic Info X:

Name: release of the UCC-1's currently filed by Frontier against Digitec, please
Type: Please
Date: Jan. 13, 1999
Company: DIGITEC 2000 INC
State: Nevada

Other info:

Date:

  • August 17 , 1998
  • September 7 , 1998
  • August 6 , 1998
  • September 22 , 1998

Organization:

  • Frontier Communications , Inc.
  • Secrest & Emery
  • Frontier Communications International , Inc.
  • Marine Midland Bank
  • Stipulation Discontinuing Action

Location:

  • Rochester
  • New York
  • Esq

Money:

  • $ 150,000.00
  • $ 50,000.00

Person:

  • Harter
  • Michael D. Norris
  • Terrance P. O'Grady