Exhibit 99.2
MCSi, INC.
0000 XXXXXXXXX XXXXXXX XXXXX
XXXXXX, XXXX 00000
September 18, 2001
Xx. Xxxxxxx X. Xxxxxxxx
Ms. Xxxxxx Xxxxxx
Xx. Xxxxxx Xxxxxxxxx
Xx. Xxxxxxx Xxxxxx
Zengine, Inc.
000 Xxxxxx Xxxxxx
Xxxxxxx, XX 00000
CONFIDENTIAL
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Gentlemen and Xx. Xxxxxx:
This letter shall serve to confirm a conversation held between our
respective financial advisors last evening and to clarify our letter to the
Board of Zengine dated September 10, 2001. MCSi, Inc. is proposing to purchase
any and all outstanding shares of common stock of Zengine, Inc. in an exchange
offer of shares of MCSi stock worth $3.75 for each share of Zengine stock at the
time of agreement. The exchange ratio that yields a value of $3.75 per Zengine
share will be determined at time of agreement and the mechanics of that exchange
ratio will be determined in a negotiated merger agreement, should the Board
decide to enter into discussions with MCSi in response to our interest. The
exchange ratio of .2946 indicated in the September 10 letter was the ratio that
yielded a value of $3.75 based on MCSi's previous closing price of $12.73 on
Friday, September 7 (e.g. .2946 shares of MCSi multiplied by the closing price
of $12.73 equals $3.75 worth of MCSi stock for each share of Zengine).
Please call me at (000) 000-0000 with any questions.
Sincerely,
/s/ Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
Chairman
