Infocast AB, et al. – ‘SC 13D’ on 2/11/98 re: Socket Mobile, Inc. – EX-10

As of:  Wednesday, 2/11/98   ·   Accession #:  1047469-98-4938   ·   File #:  5-50241

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General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      General Statement of Beneficial Ownership             18     79K 
 2: EX-1        Agreement                                              1      9K 
 3: EX-2        Combinations Agreement                                46    231K 
 4: EX-3        Sub. SEC. Prom. Note 1/29/97                          13     53K 
 5: EX-4        Sub. SEC. Prom. Note 6/12/97                          11     49K 
 6: EX-5        Sub. SEC. Prom Note 2/14/97                            7     37K 
 7: EX-6        Amend & Restated Notes 2/14/97                         9     48K 
 8: EX-7        Agreement & Option to Invest                          13     51K 
 9: EX-8        Amend and Restated Notes 2/14/97, $300,000             9     47K 
10: EX-9        Sub Convertible Prom. Note                             9     47K 
11: EX-10       Ltr of Intent                                          1      9K 

EX-10   —   Ltr of Intent

EX-10
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                                                                       EXHIBIT J

     LETTER OF INTENT TO COOPERATE IN A WIRELESS JOINT VENTURE

This Letter of Intent is made and entered into as of this 10th day of       
December 1997 by and between Cetronic AB, Kungsholms Strand 147, 114 28         
Stockholm, SWEDEN ("CETRONIC") and Socket Communications, Inc., 37400 Central   
Court, Newark, California 94560, USA ("SOCKET").                                

      RECITALS

WHEREAS, CETRONIC and SOCKET are collaborating and working together on          
developing three wireless business Products under terms of Development,         
Manufacturing and Distribution Agreements covering the Radio Card dated October 
1, 1996, the Compact Flash Wireless Messaging Receiver dated September 23, 1997 
and the Mobile Data Information Server dated September 23, 1997;                

WHEREAS, CETRONIC and SOCKET have developed other hardware and software products
related to and used with these Products and have developed know-how and         
relationships important to the success of the wireless business;                

WHEREAS, CETRONIC and SOCKET wish to combine the intellectual property and      
assets associated with its wireless business into a new joint venture so as to  
fully exploit the wireless business opportunity;                                

      LETTER OF INTENT

NOW THEREFORE, in consideration of the premises hereof, the parties do hereby   
agree as follows:                                                               

Socket Communications, Inc. and Cetronic AB intend to cooperate in a new joint  
venture.  Each Company will contribute the intellectual property and transfer   
the assets associated with its wireless business.  The objective of the new     
entity is to fully exploit the wireless business opportunity.  Details of the   
arrangement will be worked out over the next ninety days, subject to approval of
the boards of directors of both companies.                                      

IN WITNESS WHEREOF, the parties have duly executed this Letter of Intent as of  
the 10th day of December 1997.                                                  

CETRONIC AB                               SOCKET COMMUNICATIONS, INC.           

By: /s/ Kurt Sjoblom                      By: /s/ Charlie Bass                  
------------------------                  ------------------------        

Name:  Kurt Sjoblom                       Name:  Charlie Bass                   
Title: Director                           Title: Chairman                       

Dates Referenced Herein

This ‘SC 13D’ Filing		Date		Other Filings
Filed on:		2/11/98		None on these Dates
		9/23/97
		10/1/96
				List all Filings