Item 1.01 Entry into a Material Definitive Agreement

On March 13, 2009, the Company entered into an amendment (the "Amendment") to its financing agreement ("Financing Agreement") with Rosenthal & Rosenthal, Inc. ("Rosenthal") to adjust its financial covenants thereunder and extend such Agreement's maturity and renewal dates.

The Company originally entered into the Financing Agreement on April 5, 2007. Pursuant to the Financing Agreement, Rosenthal made a term loan in the principal amount of $2.5 million to the Company and may also provide the Company with up to an additional $2.5 million under a revolving line of credit.

The Amendment adjusts the Company's covenants relating to the amounts of working capital and tangible net worth needed to be maintained in 2009 and beyond. The Amendment also extends the maturity date and the renewal date of the Financing Agreement by one year to March 30, 2011 and March 31, 2011, respectively.

The Financing Agreement was previously amended effective September 30, 2007 and December 31, 2007.

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