<SEQUENCE>2

<FILENAME>0002.txt

<DESCRIPTION>EXHIBIT 10.20

<TEXT>





                           AGREEMENT FOR THE PURCHASE

                               AND SALE OF ASSETS



                                     Between



          AremisSoft Norway AS, a Norwegian company (reg.no 982435366),

                                  as Purchaser,

       Eltrax Scandinavia AS , a Norwegian corporation(reg.no 944615628),

                                    as Seller





     A  Head  Agreement  for  the  Purchase  and  Sale  of  Assets  (the  " Head

Agreement")  is made  this 13 day of  October,  2000,  by and  among  AremisSoft

Corporation ("ASC"), a Delaware  corporation,  Verso Technology Inc, a Minnesota

corporation  (oVTIo),  and Eltrax Hospitality Group, Inc., a Georgia corporation

(oEHGIo),  and  provides for ASC to acquire  substantially  all of the assets of

EHGI, subject to the liabilities assumed in the Head Agreement by the ASC and no

other liabilities.



     This Agreement (the  "Agreement")  is made this 13 day of October,  2000 to

facilitate the need for a separate agreement  regarding the sale and purchase of

the assets belonging to VTI's Norwegian  subsidiary  Eltrax  Scandinavia AS (the

"Seller"), by AremisSoft Norway AS (the "Purchaser"). The Agreement shall not in

any regard be  interpreted  with the  consequence  that the  parties to the Head

Agreement's  rights or duties under the Head  Agreement  are altered or amended.

All  references  to dollars in this  Agreement  refer to United  States  dollars

unless otherwise specified.



     WHEREAS, the Purchaser desires to acquire, on the terms and subject to

the conditions  reflected  below, the business of the Seller insofar as the same

is conducted through the use of the Acquired Assets; and



     WHEREAS,  the  Seller  believe  that  it is  desirable  and in  their  best

interests to sell the Acquired Assets to the Purchaser;



<PAGE>





     NOW, THEREFORE,  the parties to this Agreement for the Purchase and Sale of

Assets do hereby agree as follows:



                                    ARTICLE I

                                   DEFINITIONS



     As used in this Agreement,  the capitalized  terms identified below in this

Article I shall have the meanings indicated, and variants and derivatives of the

following terms shall have correlative  meanings.  To the extent that certain of

the definitions set forth below express  agreements  between or among parties to

this  Agreement,  or contain  representations  or  warranties  or covenants of a

party, the parties agree to the same by execution of this Agreement. The parties

to this  Agreement  agree  that  agreements,  representations,  warranties,  and

covenants  expressed in any part or provision  of this  Agreement  shall for all

purposes  of this  Agreement  be  treated  in the  same  manner  as  other  such

agreements,  representations,  warranties,  and covenants contained elsewhere in

this Agreement,  and the Article or Section of this Agreement  within which such

an  agreement,  representation,  warranty,  or  covenant  appears  shall have no

separate meaning or effect on the same.



     1.1 [omitted]



     1.2 Acquired Assets: The assets to be acquired by the Purchaser pursuant to

the terms  hereof,  as  identified  on  Schedule  1.2 of the  Acquired  Business

Disclosure  Document  attached  hereto,   including,  but  not  limited  to  all

Intellectual  Property and Software Products used in the Acquired Business,  and

all other assets of the Seller,  tangible or intangible (including  contractual,

warranty, and other rights), the use or value of which is inextricably linked to

the  assets so  identified,  or which  relate  to or arise  out of  transactions

involving the assets so identified.



     1.3 Acquired  Business:  The  businesses  in which the Acquired  Assets are

utilized,  as  described  in Section  1.3 in the  Acquired  Business  Disclosure

Document.



     1.4 Acquired  Business  Balance  Sheet: The balance  sheet as of August 31,

2000.



     1.5 Acquired Business Disclosure Document: The document delivered by to the

Purchaser containing certain disclosures  relative to this Agreement,  a copy of

which is attached to this Agreement as Exhibit 1.5.



<PAGE>



     1.6  Acquired  Facilities:  All  warehouses,   stores,  plants,  production

facilities,  manufacturing  facilities,  processing  facilities,  fixtures,  and

improvements  owned or leased by the Seller or otherwise used in connection with

the  operation  of the Acquired  Business or leased or subleased to others,  but

only to the extent that the same consist of Acquired Assets.



     1.7 Affiliate:  When used with respect to a person,  an "affiliate" of that

person is a person Controlling, Controlled by, or under common Control with that

person.



     1.8  Agreement:  This  Agreement  for the  Purchase  and  Sale  of  Assets,

including  all of its Schedules  and Exhibits  specifically  referred to in this

Agreement  that have been or are to be delivered by a party to this Agreement to

another such party in connection  with the  Transaction or this  Agreement,  and

including all duly adopted amendments,  modifications,  and supplements to or of

this Agreement and such Schedules and Exhibits.

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