REVOLVING LOAN AND SECURITY AGREEMENT CONVERTIBLE REVOLVING CREDIT PROMISSORY NOTE DATED OCTOBER 26, 1987 ADDENDUM NO. 16

                                 EXHIBIT 10 (k)

                      REVOLVING LOAN AND SECURITY AGREEMENT
                  CONVERTIBLE REVOLVING CREDIT PROMISSORY NOTE
                             DATED OCTOBER 26, 1987
                                 ADDENDUM NO. 16


      For consideration given and received,  Xxxxxx Xxxxxx and iCAD, Inc. hereby
agree to extend  the  repayment  date in  Paragraph  D of the  above  referenced
Convertible  Revolving  Credit  Promissory  Note, as amended,  (the "Note") from
January 4, 2005 to January 4, 2006.  Also the Note  hereafter  will be a maximum
principal sum of Five Million Dollars ($5,000,000).

      Effective the 31st. day of December 2004.

Please note that I, Xx.  Xxxxxx  Xxxxxx,  do not intend to call in the principal
balance of the note within 366 days from the expiration date of this amendment.


ICAD, INC.



By:  /s/ Xxxxxxx Xxxxxx                             /s/ Xxxxxx Xxxxxx
  -------------------------------                   ----------------------------
  Title:  Chief Financial Officer                   Xxxxxx Xxxxxx