**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-K/A**

**(Amendment      No. 3)**

| x | Annual                Report Pursuant to Section 13 or 15(d) of the Securities Exchange                Act of                1934 **for                the fiscal year ended December 31,                2006** |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o | Transition                Report under Section 13 of 15(d) of the Securities Exchange Act of                1934 |
|---|------------------------------------------------------------------------------------------------------------------|

**EVCI      Career Colleges Holding Corp.**

| Delaware                                       | 06-1488212                                          |
|------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of | (I.R.S.                Employer Identification No.) |
| incorporation                or organization)  |                                                |

| 1                Van Der Donck Street, 2nd                Floor, Yonkers, New York | 10701                     |
|------------------------------------------------------------------------------------|---------------------------|
| (Address                of principal executive offices)                            | (Zip                code) |

| Title                of each class                                        |   | Name                of each exchange on which registered                       |
|---------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------|
| common                stock,$**.**0001                par value per share |   | The                Nasdaq Stock Market LLCBoston                Stock Exchange |

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**Explanatory      Note**

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**EVCI      CAREER COLLEGES HOLDING CORP.**

**Form      10-K/A**

**(Amendment      No. 3)**

**Year      Ended December 31, 2006**

**TABLE      OF CONTENTS**

**PART      III**

| **Item** |                                                                       |   | **Page** |
|----------|----------------------------------------------------------------------------|--------|----------|
|     |                                                                       |   |     |
| 10.      | Directors,                Executive Officers and Corporate Governance      |   | 1        |
|     |                                                                       |   |     |
| 11.      | Executive                Compensation                                      |   | 8        |
|     |                                                                       |   |     |
| 12.      | Security                Ownership of Certain Beneficial Owners and         |   |     |
|     | Management                and Related Stockholder Matters                  |   | 18       |
|     |                                                                       |   |     |
| 13.      | Certain                Relationships and Related Transactions and Director |   |     |
|     | Independence                                                               |   | 20       |
|     |                                                                       |   |     |
| 14.      | Principal                Accountant Fees and Services                      |   | 21       |
|     |                                                                       |   |     |
|     | **PART                IV**                                            |   |     |
|     |                                                                       |   |     |
| 15.      | Exhibits                and Financial Statement Schedules                  |   | 22       |
|     |                                                                       |   |     |
|     | SIGNATURES                                                                 |   | 36       |

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**PART      III**

**Item      10. Directors, Executive Officers and Corporate Governance**

**Directors      and executive officers**

| **Name**                                 |   | **Age** |   | **Principal                Positions with EVCI**                                                                   |
|------------------------------------------|--------|---------|--------|--------------------------------------------------------------------------------------------------------------------|
|                                     |   |    |   |                                                                                                               |
| Dr.                Arol I. Buntzman(1)   |   | 64      |   | Chairman                of the Board and Class 1 director                                                          |
|                                     |   |    |   |                                                                                                               |
| Dr.                John J. McGrath(1)    |   | 54      |   | Chief                Executive Officer and President and Class 2 director                                          |
|                                     |   |    |   |                                                                                                               |
| Joseph                D. Alperin(1)      |   | 64      |   | General                Counsel, Vice President forCorporate                Affairs and Secretary                   |
|                                     |   |    |   |                                                                                                               |
| Stephen                Schwartz(1)       |   | 49      |   | Chief                Financial Officer                                                                             |
|                                     |   |    |   |                                                                                                               |
| Brian                H. Fluck(2)         |   | 53      |   | Class                3 director and Audit and Compensation Committee member                                        |
|                                     |   |    |   |                                                                                                               |
| Philip                M. Getter(2)       |   | 70      |   | Class                1 director and Audit Committee Chairman                                                       |
|                                     |   |    |   |                                                                                                               |
| Dr.                Donald Grunewald(2)   |   | 73      |   | Class                1 director and Compensation Committee Chairman and Nominating Committee                member |
|                                     |   |    |   |                                                                                                               |
| Robert                F. Kennedy, Jr.(2) |   | 53      |   | Class                3 director and Chairman of the Educational Oversight Committee (in                formation)  |
|                                     |   |    |   |                                                                                                               |
| Inder                Tallur(2)           |   | 43      |   | Class                2 director and Audit and Compensation Committee                member                         |

*Dr.      Arol I. Buntzman*

----

*John      J. McGrath*
*,      Ph.D.*

*Joseph      D. Alperin*

*Stephen      Schwartz*

*Brian      H. Fluck*

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*Dr.      Donald Grunewald*

*Philip      M. Getter*

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*Robert      F. Kennedy, Jr.*

*New      York Times*
*Crimes      Against*
*Nature*
*The      Riverkeepers*
*Judge      Frank M. Johnson, Jr: A Biography*
*The      New York Times*
*The      Washington Post*
*Los      Angeles Times*
*The      Wall Street Journal*
*Newsweek*
*Rolling      Stone*
*Atlantic      Monthly*
*Esquire,*
*The      Nation*
*Outside      *
*The      Village Voice*

*Inder      Tallur*

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**Information      about the Board and its committees**

**Audit      Committee**

| ·   | the                integrity of EVCI’s financial statements and internal                controls |
|--------------------|--------------------------------------------------------------------------------------------------------|

| ·   | EVCI’s                compliance with legal and regulatory                requirements |
|--------------------|----------------------------------------------------------------------------------------------|

| ·   | the                independent auditor’s qualifications and independence |
|--------------------|--------------------------------------------------------------------------------|

| ·   | the                performance of EVCI’s compliance functions |
|--------------------|---------------------------------------------------------------------|

| ·   | the                performance of the independent                auditor |
|--------------------|--------------------------------------------------------------------------|

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**Compensation      Committee**

| ·   | establish                annual and long-term performance goals and objectives for EVCI’s executive                officers |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------|

| ·   | recommend                to the Board of Directors, for its determination, the compensation                of                EVCI’s Chairman, Chief Executive Officer and other executive                officers |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | produce                an annual report on executive compensation for inclusion in EVCI’s annual                proxy statement that complies with the rules and regulations of the                Securities and Exchange Commission. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Report      of the Compensation Committee*

**Nominating      Committee**

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**ComVest      director designees**

**Section      16(a) beneficial ownership reporting compliance**

**Business      conduct policies**

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**Item      11. Executive Compensation**

**Compensation      Discussion and Analysis**

**Oversight      activities**

**New      committee members**

**Compensation      objectives**

**Components      of compensation**

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**Changes      in compensation in April 2007**

| ·   | The                requirements of ComVest that Participating Management invest $1.0                million                in the ComVest Financing on the same basis as ComVest and continue                to be                employed by EVCI. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Participating                Management’s demonstrated academic, administrative and financial skills in                overseeing the performance of EVCI’s senior college administrators and in                managing the regulatory and financial crises EVCI was facing. The                Committee felt the effort and accomplishments of Participating Management                have been extraordinary and worthy of the compensation arrangements                that                were ultimately agreed to after negotiations between ComVest and                Participating Management and the Special Committee and Participating                Management. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The                significant reductions in the base salaries of Dr. McGrath and Dr.                Buntzman as offset by their ability to earn an annual bonus based                on EVCI                meeting EBITDA objectives and Dr. Buntzman’s ability to earn a $150,000                bonus if Dr. McGrath certifies he has improved relationships between                Interboro and the Washington Heights                community. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The                substantial reductions in termination and severance obligations as                the                result of the termination of change in control agreements and EVCI’s                ability, under the new Participating Management employment agreements,                to                terminate the employment of any member of Participating Management                for any                reason and only pay six months salary as severance in the case of                Dr.                Buntzman, Mr. Alperin and Mr. Schwartz and 12 months salary as severance                as in the case of Dr. McGrath. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ·   | The                analysis made by Seidman & Co., Inc. relating to the issuance of                options to Participating Management equal to approximately 10% of                EVCI’s                Common Stock on a fully diluted                basis. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | The                belief that ComVest’s agreement to the cash and incentive stock                compensation provided to Participating Management validated a goal                of more                closely aligning the interests of Participating Management with the                interests of all EVCI stockholders. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Changes      in compensation in 2006**

*status      quo*

----

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| **Name**                             |   | **Shares                Underlying Surrendered Options** |   | **Shares                Underlying Replacement Options** |
|--------------------------------------|--------|----------------------------------------------------------|--------|----------------------------------------------------------|
|                                 |   |                                                     |   |                                                     |
| Dr.                Arol I. Buntzman  |   | 585,000                                                  |   | 152,026                (1)                               |
|                                 |   |                                                     |   |                                                     |
| Dr.                John J. McGrath   |   | 365,000                                                  |   | 91,125                (1)                                |
|                                 |   |                                                     |   |                                                     |
| Richard                Goldenberg    |   | 50,000                                                   |   | 20,451                                                   |
|                                 |   |                                                     |   |                                                     |
| Joseph                D. Alperin     |   | 115,000                                                  |   | 53,333                (1)                                |
|                                 |   |                                                     |   |                                                     |
| Royce                N. Flippin, Jr. |   | 15,384                                                   |   | 6,442                                                    |
|                                 |   |                                                     |   |                                                     |
| Philip                M. Getter      |   | 15,384                                                   |   | 6,442                                                    |
|                                 |   |                                                     |   |                                                     |
| Donald                Grunewald      |   | 15,384                                                   |   | 6,442                                                    |
|                                 |   |                                                     |   |                                                     |
| Elie                Housman          |   | 15,384                                                   |   | 6,442                                                    |

----

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**2006      Summary compensation table**

|   **Name                  and Principal****Position(s)**                                                               |   |    **Year** |   | **Salary****($)**(1) |   |   **Bonus****($)** |   |  **Stock****Awards****($)** (2) |     |  **Option****Awards****($)**(3) |   | **All                  Other****Compensation****($)**(4) |   | **Total****($)** |    |
|----------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|--------|----------------------|--------|------------------------------|--------|-------------------------------------------|----------|--------------------------------------|--------|----------------------------------------------------------|--------|------------------|---------|
| Dr.                  John J. McGrathChief                  Executive OfficerAnd                  President                       |   |                       | 2006   |                 |   | 490,000                      |   |                                      | —  |                                 |   | —                                                  |   |             | 355,078 |   |   | 43,421 |   |   | 888,499 |   |
|                                                                                                                             |   |                       |   |                 |   |                         |   |                                      |     |                                 |   |                                                     |   |             |    |   |   |   |   |   |   |   |
|  Dr.                  Arol I. BuntzmanChairman                  of the Board                                                |   |                       | 2006   |                 |   | 630,000                      |   |                                      | —  |                                 |   | —                                                  |   |             | 579,029 |   |   | 51,103 |   |   | 1,260,132 |   |
|                                                                                                                             |   |                       |   |                 |   |                         |   |                                      |     |                                 |   |                                                     |   |             |    |   |   |   |   |   |   |   |
|  Joseph                  D. AlperinGeneral                  Counsel and VicePresident                  for CorporateAffairs |   |                       | 2006   |                 |   | 260,000                      |   |                                      | 75,000(2 | )                                    |   | 93,632                                                   |   |             | — |   |   | 12,855 |   |   | 441,187 |   |
|                                                                                                                             |   |                       |        |                 |   |                              |   |                                      |          |                                 |   |                                                          |   |             |         |   |   |  |   |   |  |   |
|  Stephen                  SchwartzVice                  President of Operations                                             |   |                       | 2006   |                 |   | 144,609                      |   |                                      | —  |                                 |   | —                                                  |   |             | — |   |   | 3,703 |   |   | 148,312 |   |
|                                                                                                                             |   |                       |        |                 |   |                              |   |                                      |          |                                 |   |                                                          |   |             |         |   |   |  |   |   |  |   |
|  Richard                  GoldenbergChief                  Financial Officer (June-December)                                |   |                       | 2006   |                 |   | 184,847                      |   |                                      | —  |                                 |   | —                                                  |   |             | 43,540  |   |   | 11,452 |   |   | 239,839 |   |
|                                                                                                                             |   |                       |   |                 |   |                         |   |                                      |     |                                 |   |                                                     |   |             |    |   |   |   |   |   |   |   |
| Joseph                  LooneyChief                  Financial Officer (January-May)                                             |   |                       | 2006   |                 |   | 103,229                      |   |                                      | —  |                                 |   | —                                                  |   |             | — |   |   | 3,544 |   |   | 106,773 |   |

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| (1)   | The                  amounts in the “Salary” column include the following voluntary salary                  reductions for the period March 1-December 29, 2006 by certain                  management                  employees in exchange for shares of restricted Common Stock, equal                  to the                  total amount of the salary reductions: Dr. McGrath, 40,833; Dr.                  Buntzman,                  52,500 and Stephen Schwartz, 9,015. Mr. Looney reduced his salary                  by                  $5,186 for the period March 1-May 31 but forfeited all of the 16,500                  restricted shares awarded to him in anticipation of his continuing                  employment through December 29, when his employment terminated                  on May 31,                  2006. See the table below under the caption “Grant of the Plan-Based                  Awards for Fiscal 2006”. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (2)   | Represents                  an accrued bonus awarded as an inducement for him to enter into                  a new                  employment agreement effective March 1, 2006 that became payable                  when EVCI                  determined its cash resources reasonably permitted such payment.                  The bonus                  was paid in June 2007.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (3)   | The                  amounts reflect the compensation cost recognized by us for financial                  statement reporting purposes in 2006 for grants of stock options                  awarded                  to the named executive officers in 2006 and in prior years, disregarding                  an estimate of forfeitures related to service-based vesting conditions.                  The cost was computed, in accordance with Statement of Financial                  Accounting Standards No. 123R, based on the fair value of the award                  at the                  time of grant using a Black-Scholes option pricing model and after                  giving                  effect to the cancellation and replacement of options on October                  24, 2006                  that is referred to in footnote (1) to the table below under the                  caption                  “Grants of Plan-Based Awards for Fiscal 2006.” For a discussion of                  valuation assumptions relating to options granted in 2006, see                  Note 14 of                  Notes to Consolidated Financial Statements. For a discussion of                  valuation                  assumptions relating to options granted prior to 2006, see Note                  1 of Notes                  to Consolidated Financial Statements included in our Form 10-K/A,                  Amendment No. 2, for the year ended December 31, 2005 that was                  filed with                  the SEC on May 15, 2006. |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (4)        | These                  amounts consist of the following:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (i)        | Transportation                  allowance and reimbursement for gasoline: Dr. McGrath, $16,636;                  Dr.                  Buntzman; $5,874; Joseph Alperin, $7,200; Richard Goldenberg; $8,636                  and                  Joseph Looney $3,323.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (ii)       | Pursuant                  to their employment agreements, life insurance premiums for policies                  where                  EVCI is not  the                   beneficiary:                  Dr. McGrath $14,300 and Dr. Buntzman $22,765.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (iii)      | Pursuant                  to their employment agreements, medical costs not covered by EVCI’s                  medical  plan:                   Dr.                   McGrath,                  $7,138 and Dr. Buntzman, $16,684.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (iv)       | Employer                  contributions to a 401(K) retirement plan: Dr. McGrath, $4,567;                  Dr.                  Buntzman,  $5,000;                  Joseph Alperin, $5,000; Stephen Schwartz, $3,500 and Richard Goldenberg;                  $2,317.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (v)   | Under                  a plan available to full-time employees, life insurance premiums                  for                  policies where EVCI is not the beneficiary: Dr. McGrath, $780;                  Dr.                  Buntzman, $780; Joseph Alperin, $655; Stephen Schwartz, $203; Richard                  Goldenberg, $499 and Joseph Looney,                  $221.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

**Employment      agreements**

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**Grants      of plan-based awards for fiscal 2006**

|   **Name**                  |   | **Grant                  Date** |       | **Board                  Meeting Date** |   |   **All                  Other Stock Awards: Number of Shares or Stock Units****(#)** |   | **All                  Other Option Awards:****Number                  of Securities Underlying Stock Options****(#)** (1) |                           |  **Exercise                  or Base Price of Option Awards**** ****($/Sh)** |   | **Closing                  Price on Option Grant Date****($)** |   | **Grant                  Date Fair Value of Stock and Option Awards****($)**(8) |    |
|---------------------------------------|--------|---------------------------------|------------|-----------------------------------------|--------|-------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------|--------------------------------|----------------------------------------------------------------------------------------|--------|----------------------------------------------------------------|--------|---------------------------------------------------------------------------------|---------|
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |
| Dr.                  John J. McGrath  |   |                            | 3/6/2006   |                                    |   | 2/24/2006                                                                                       |   |                                                                                                                            | 40,833(2)                      |                                                                                   |   | —                                                        |   |                                                                            | — |   |   | — |   |   | 56,758 |   |
|                                       |   |                            | 10/24/2006 |                                    |   | 10/24/2006                                                                                      |   |                                                                                                                            | —                        |                                                                                   |   | 91,125(4)                                                      |   |                                                                            | 1.00    |   |   | 0.59 |   |   | 456,232 |   |
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |   |   |   |   |   |   |   |
| Dr.                  Arol I. Buntzman |   |                            | 3/6/2006   |                                    |   | 2/24/2006                                                                                       |   |                                                                                                                            | 52,500(2)                      |                                                                                   |   | —                                                        |   |                                                                            | — |   |   | — |   |   | 72,976 |   |
|                                       |   |                            | 10/24/2006 |                                    |   | 10/24/2006                                                                                      |   |                                                                                                                            | —                        |                                                                                   |   | 152,026(5)                                                     |   |                                                                            | 1.00    |   |   | 0.59 |   |   | 695,296 |   |
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |   |   |   |   |   |   |   |
| Joseph                  D. Alperin    |   |                            | 3/1/2006   |                                    |   | 2/24/2006                                                                                       |   |                                                                                                                            | 100,000(3)                     |                                                                                   |   | —                                                        |   |                                                                            | — |   |   | — |   |   | 139,000 |   |
|                                       |   |                            | 10/24/2006 |                                    |   | 10/24/2006                                                                                      |   |                                                                                                                            | —                        |                                                                                   |   | 53,333(6)                                                      |   |                                                                            | 1.00    |   |   | 0.59 |   |   | 95,976 |   |
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |   |   |   |   |   |   |   |
| Richard                  Goldenberg   |   |                            | 10/24/2006 |                                    |   | 10/24/2006                                                                                      |   |                                                                                                                            | —                        |                                                                                   |   | 20,451(7)                                                      |   |                                                                            | 1.00    |   |   | 0.59 |   |   | 14,596 |   |
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |   |   |   |   |   |   |   |
| Stephen                  Schwartz     |   |                            | 3/6/2006   |                                    |   | 2/24/2006                                                                                       |   |                                                                                                                            | 9,015(2)                       |                                                                                   |   | —                                                        |   |                                                                            | — |   |   | — |   |   | 12,531 |   |
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |   |   |   |   |   |   |   |
| Joseph                  Looney        |   |                            | 3/6/2006   |                                    |   | 2/24/2006                                                                                       |   |                                                                                                                            | 16,500(2)                  (9) |                                                                                   |   | —                                                        |   |                                                                            | — |   |   | — |   |   | (9 | ) |
|                                  |   |                            |       |                                    |   |                                                                                            |   |                                                                                                                            |                           |                                                                                   |   |                                                           |   |                                                                            |    |   |   |   |   |   |   |   |

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| (1) | On                    October 24, 2006, EVCI’s board of directors approved a plan providing for                    the surrender and cancellation of vested and unvested options                    to purchase                    1,211,536 shares of Common Stock and the simultaneous grant to                    the                    surrendering optionees of options to purchase a total of 354,366                    shares of                    Common Stock, including the named executive officers. The per                    share                    exercise prices of the surrendered options ranged from $4.70                    to $10.715.                    The number of replacement options equals 50% of the vested options,                    as of                    September 30, 2006, that were surrendered by each participant.                    The                    replacement options are exercisable until October 23, 2011 and                    vest in                    three equal installments on October 23, 2007, 2008 and 2009.                    The                    replacement options were granted under EVCI’s 2004 Plan. This surrender                    and replacement of options increases the non-cash compensation                    charges                    that EVCI would have otherwise had by approximately $175,000.                    However,                    this accounting effect results in a reduction in non-cash compensation                    charges in 2006 and 2007 and an increase in non-cash compensation                    charges                    in 2008 and 2009. Footnotes (4), (5), (6) and (7) to this table                    disclose                    the exercise prices and number of shares underlying options surrendered                    by                    the named executive options. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | For                    his agreement to reduce base salary for the period from March                    1, 2006                    through December 29, 2006, he received this grant of shares (equaling                    the                    dollar amount of the salary reduction) of restricted EVCI Common                    Stock                    under the 2004 Plan. Originally, the shares were to vest on December                    29,                    2006, provided he was continuously employed by EVCI through that                    date. On                    November 1, 2006, EVCI’s board of directors approved the accelerated                    vesting of all of the shares to November 1, 2006 provided he                    had been                    continuously employed until then. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | As                    an incentive to entering into a new Employment Agreement on March                    6, 2006,                    Mr. Alperin was granted 100,000 shares of restricted stock under                    the 2004                    Plan. Originally the shares were to vest and become non-forfeitable                    on a                    cumulative basis as to 50,000 shares on December 29, 2006 and                    25,000                    shares on each February 28, 2008 and 2009 provided he has been                    continuously employed by EVCI. On November 1, 2006, EVCI’s Board of                    Directors approved the accelerated vesting of the first 50,000                    shares to                    November 1, 2006. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (4) | The                    exercise prices and number of shares underlying options surrendered                    by Dr.                    McGrath are: $4.70/68,114 shares, $10.715/56,886 shares and $8.185/240,000                    shares. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | The                    exercise prices and number of shares underlying options surrendered                    by Dr.                    Buntzman are: $4.70/122,605 shares, $10.715/102,395 shares and                    $8.185/360,000 shares. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | The                    exercise prices and number of shares underlying options surrendered                    by Mr.                    Alperin are: $4.70/90,000 shares and $6.935/25,000                    shares. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | The                    exercise prices and number of shares underlying options surrendered                    by Mr.                    Goldenberg are: $4.70/27,245 shares and $10.715/22,755                    shares. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | The                    amounts reflect the compensation cost recognized by us for financial                    statement reporting purposes in 2006 disregarding an estimate                    of                    forfeitures related to service-based vesting conditions. The                    cost was                    computed, in accordance with Statement of Financial Accounting                    Standards                    No. 123R, based on the fair value of the award at the time of                    grant. The                    fair value of the restricted stock awards was determined by multiplying                    the number of shares subject to the award by the closing price                    of our                    Common Stock on the grant date. The fair value of the option                    awards was                    determined using a Black-Scholes option pricing model and after                    giving                    effect to the cancellation and replacement of options on October                    24, 2006                    that is referred to in Footnote 1 to this table. For a discussion                    of                    valuation assumptions relating to options granted in 2006, see                    Note 14 of                    Notes to Consolidated Financial                    Statements. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | All                    shares awarded to Mr. Looney where forfeited on May 31, 2006,                    when his                    employment terminated. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Outstanding      equity awards at fiscal year end**

|                                  |  **Option                  Awards** |                                              | **Stock                  Awards** |                                                                                                         |
|---------------------------------------|------------------------------------------|---------------------------------------------------|-----------------------------------|--------------------------------------------------------------------------------------------------------------|
|                                  |                                     |                                              |                              |                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
|   **Name**                  |                                     |    **Grant                  Date** |                              | **Number                  of Securities Underlying Unexercised Options****(#)                  Exercisable** |   | **Number                  of Securities Underlying Unexercised Options****(#)                  Unexercisable**(1) |   | **Option                  Exercise Price****($)** |   | **Option                  Expiration Date** |   | **Number                  of Shares or Units of Stock that Have Not Vested****(#)** |   | **Market****Value****of                  Shares****or                  Units****of                  Stock that Have Not****Vested                  ($)**(2) |   |
|                                  |                                     |                                              |                              |                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |
| Dr.                  John J. McGrath  |                                     |                                              | 12/13/2002                        |                                                                                                         |   | 130,000(3) |   |   | — |   |   | 1.00 |   |   | 12/13/2007 |   |   | — |   |   | — |   |
|                                       |                                     |                                              | 2/11/2003                         |                                                                                                         |   | 40,000(4) |   |   | — |   |   | 1.00 |   |   | 2/10/2008 |   |   | — |   |   | — |   |
|                                       |                                     |                                              | 10/24/2006                        |                                                                                                         |   | — |   |   | 91,125 |   |   | 1.00 |   |   | 10/23/2011 |   |   | — |   |   | — |   |
|                                  |                                     |                                              |                              |                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Dr.                  Arol I. Buntzman |                                     |                                              | 12/13/2002                        |                                                                                                         |   | 330,000(3) |   |   | — |   |   | 1.00 |   |   | 12/13/2007 |   |   | — |   |   | — |   |
|                                       |                                     |                                              | 2/11/2003                         |                                                                                                         |   | 120,000(4) |   |   | — |   |   | 1.00 |   |   | 2/10/2008 |   |   | — |   |   | — |   |
|                                  |                                     |                                              | 10/24/2006                        |                                                                                                         |   | — |   |   | 152,026 |   |   | 1.00 |   |   | 10/23/2011 |   |   | — |   |   | — |   |
|                                  |                                     |                                              |                              |                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Joseph                  D. Alperin    |                                     |                                              | 3/6/2006                          |                                                                                                         |   | — |   |   | — |   |   | — |   |   | — |   |   | 50,000 |   |   | 22,500 |   |
|                                  |                                     |                                              | 10/24/2006                   |                                                                                                         |   | — |   |   | 53,333 |   |   | 1.00 |   |   | 10/23/2011 |   |   | — |   |   | — |   |
|                                  |                                     |                                              |                              |                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Richard                  Goldenberg   |                                     |                                              | 12/13/2002                        |                                                                                                         |   | 40,000(3) |   |   | — |   |   | 1.00 |   |   | 12/13/2007 |   |   | — |   |   | — |   |
|                                  |                                     |                                              | 2/11/2003                         |                                                                                                         |   | 15,000(4) |   |   | — |   |   | 1.00 |   |   | 2/10/2008 |   |   | — |   |   | — |   |
|                                  |                                     |                                              | 10/24/2006                        |                                                                                                         |   | — |   |   | 20,451 |   |   | 1.00 |   |   | 10/23/2011 |   |   | — |   |   | — |   |

| (1) | The                options in this column vest in three equal installments on 10/24/2007,                10/24/2008 and 10/24/2009. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|
| (2) | The              value shown was calculated by multiplying the number of shares of              restricted stock by the closing price of EVCI’s Common Stock on December              29, 2006 ($0.45). |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| (3) | These                options fully vested on the grant date. |
|-----|--------------------------------------------------------------|
|   |   |
|--------|--------|

| (4) | These                options vested in three equal installments on 2/11/2004, 2/11/2005                and                2/11/2006. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------|

----

**Potential      payments upon termination of employment or change in control**

| Dr.                  Buntzman:  |   |   | 2,560,287 |   |
|--------------------------------------|--------|--------|-----------|--------|
| Dr.                  McGrath    |   |   | 1,291,085 |   |
| Mr.                  Alperin:   |   |   | 350,125   |   |
| Mr.                  Schwartz:  |   |   | 175,062   |   |

| ·   | the                sale, transfer, conveyance or other disposition in one or a series                of                related transactions, of all or substantially all of the assets of                EVCI to                any entity, person, or group or |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | any                entity, person, or group becomes, directly or indirectly, the owner                of                more than 50% of the voting stock of EVCI by way of merger, consolidation,                or otherwise; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | during                any two consecutive years, the present directors of EVCI cease for                any                reason to constitute the majority of the Board; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | however,                that no change of control will be held to have occurred arising out                of or                in connection with the transactions contemplated by the ComVest                Financing. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Director      compensation**

| **Name**                             |   | **Fees                Earned or Paid in Cash****($)****(1)** |   | **Option****Awards****($)****(2)** |   |  **Total****($)** |   |
|--------------------------------------|--------|--------------------------------------------------------------|--------|------------------------------------|--------|------------------------|--------|
| Philip                M. Getter      |   |                                                         | 72,000 |                               |   | 2,564                  |   |   | 74,564 |   |
| Royce                N. Flippin, Jr. |   |                                                         | 60,000 |                               |   | 2,564                  |   |   | 62,564 |   |
| Elie                Housman          |   |                                                         | 63,000 |                               |   | 2,564                  |   |   | 65,564 |   |
| Dr.                Donald Grunewald  |   |                                                         | 45,500 |                               |   | 2,564                  |   |   | 48,064 |   |
|                                 |   |                                                         |   |                               |   |                   |   |   |   |   |

----

| (1)   | Reflects                the amount of cash compensation earned in 2006 for Board and Committee                service. |
|-----------------|------------------------------------------------------------------------------------------------------------------------|

| (2)   | Reflects                the dollar amount recognized for financial statement reporting purposes                with respect to the 2006 fiscal year for the fair value of options                granted                to the independent directors in 2006. The fair value was estimated                using                the Black-Scholes option pricing model in accordance with Statement                of                Financial Accounting Standards No. 123R (“SFAS 123R”). The fair value per                option was $1.39 based on 3.0 years of expected life, a 4.75% risk                free                rate and expected volatility of 98%. The aggregate number of independent                director option awards outstanding at December 31, 2006 was: Mr.                Getter                36,442, Mr. Flippin 25,608, Mr. Housman 21,442 and Dr. Grunewald                16,442. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Item      12. Security Ownership of Certain Beneficial Owners and      Management**

----

|  **Name                of Beneficial Owner**                                                                                         |   | **Shares                of Common Stock****Beneficially                Owned** |        |  **Percent                of Class** |   |
|-------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------|-------------|-------------------------------------------|--------|
| Com                Vest Investment Partners III, L.P.One                North Clematis, Suite 300West                Palm Beach, FL 33401 |   |                                                                           | 3,206,107(1 | )                                         |   | 17.40 |   |
| Dr.                Arol I. Buntzman                                                                                                       |   |                                                                           | 1,533,242(2 | )                                         |   | 9.27 |   |
| Dr.                John J. McGrath                                                                                                        |   |                                                                           | 737,388(3   | )                                         |   | 4.66 |   |
| Joseph                D. Alperin                                                                                                          |   |                                                                           | 271,601(4   | )                                         |   | 1.77 |   |
| Stephen                Schwartz                                                                                                           |   |                                                                           | 77,849(5    | )                                         |   | * |   |
| Philip                M. Getter                                                                                                           |   |                                                                           | 37,501(9    | )                                         |   | * |   |
| Dr.                Donald Grunewald                                                                                                       |   |                                                                           | 17,701(7    | )                                         |   | * |   |
| Robert                F. Kennedy, Jr.                                                                                                     |   |                                                                           | 250,000(6   | )                                         |   | 1.62 |   |
| Brian                H. Fluck                                                                                                             |   |                                                                           | --          |                                      |   | -- |   |
| Inder                Tallur                                                                                                               |   |                                                                           | --          |                                      |   | -- |   |
| Directors                and executive officers as agroup                (9 persons)                                                      |   |                                                                           | 2,925,782(8 | )                                         |   | 16.57 |   |
|                                                                                                                                      |   |                                                                           |        |                                      |   |   |   |

----

| (1) | Includes 831,185                  shares underlying currently exercisable warrants. Also beneficially                  owned                  by ComVest III Partners, LLC, its general partner, and Michael                  S. Falk and                  Robert L. Priddy, the managing members of ComVest III Partners,                  LLC. See                  Proposal 3, Approval of an Amendment to EVCI’s Certificate of                  Incorporation to Increase the Number of Shares of Authorized Common                  Stock                  in EVCI’s definitive proxy statement for its 2007 annual meeting of                  stockholders for a discussion of ComVest’s beneficial ownership of the                  shares of Common Stock in the event that this Proposal is                  approved. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (2) | Includes                1,329,125 shares underlying currently exercisable                options. |
|-----|---------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (3) | Includes                625,131 shares underlying currently exercisable options. |
|-----|----------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (4) | Includes                152,812 shares underlying currently exercisable options. Includes                50,000                shares that are forfeitable if Mr. Alperin is not continuously employed                by                EVCI through 2/28/08 as to 25,000 shares and 2/28/09 as to 25,000                shares. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (5) | Includes                50,045 shares underlying currently exercisable                options. |
|-----|------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (6) | Shares                underlying currently exercisable options. |
|-----|-----------------------------------------------------------------|
|   |   |
|--------|--------|

| (7) | Includes                10,001 shares underlying currently exercisable                options. |
|-----|------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (8) | Includes                50,000 restricted shares that are forfeitable as indicated in footnote                (4)                of this table. Includes 2,521,283 shares underlying currently exercisable                options. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|

| (9) | Includes                30,001 shares underlying currently exercisable                options. |
|-----|------------------------------------------------------------------------------------------------|

**Securities      authorized for issuance under equity compensation plans**

----

|   **Plan                Category**                              |   | **Number                of securities to be issued upon exercise of outstanding options,                warrants                and rights****(a)** |      | **Weighted                average Exercise price of outstanding options, warrants and                rights****(b)** |   | **Number                of securities remaining available for future issuances under equity                compensation plans (excluding securities reflected in column                (a)****(c)** |   |
|---------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|-----------|----------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                      |   |                                                                                                                                                |      |                                                                                                                 |   |                                                                                                                                                                                                |   |
| Equity                compensation plans approved by security holders (1) |   |                                                                                                                                                | 1,086,738 |                                                                                                                 | $      | 1.03                                                                                                                                                                                                |   |   | 1,325,629 |   |
|                                                                      |   |                                                                                                                                                |      |                                                                                                                 |   |                                                                                                                                                                                                |   |   |   |   |
| Equity                compensation plans not approved by security holders |   |                                                                                                                                                | 177,338(2 | )                                                                                                                    |   | 7.88                                                                                                                                                                                                |   |   | - |   |
|                                                                      |   |                                                                                                                                                | 1,264,076 |                                                                                                                 | $      | 1.99                                                                                                                                                                                                |   |   | 1,325,629 |   |

| (1) | In                connection with the ComVest Financing, options to acquire 916,841                shares                of Common Stock at an exercise price of $1.00 per share were surrendered                to EVCI and cancelled on April 24, 2007, including the options to                purchase                45,000 shares that were surrendered by Mr. Alperin and are referred                to in                footnote (2) to this table. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes                options to purchase 45,000 shares at $1.00 per share that were originally                options to purchase 90,000 shares at $4.70 per share granted on January                1,                2004 to Joseph D. Alperin, our General Counsel and Vice President                for                Corporate Affairs, in accordance with a Nasdaq listing standard that                exempted the grant from the requirement of stockholder approval.                These                original options were surrendered and cancelled in October 2006 and                replaced with options to purchase the 45,000 shares at $1.00 per                share.                These replacement options were surrendered to EVCI and cancelled                on April                24, 2007, in connection with the ComVest Financing, and replaced                with                option to purchase 45,000 shares at $0.583 per share. The remaining                individual compensation arrangements consist of currently exercisable                warrants and options issued to consultants and advisors to purchase:                includes 25,000 shares at $16.09 per share that expired in April                2007;                62,338 shares at $14.34 until March 2009; and 45,000 shares at $2.25                per                share until September 2008. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **Item                13.** | **Certain                relationships and related transactions, and director                independence.** |
|-----------------------------|--------------------------------------------------------------------------------------------------------------|

**Policies      and procedures for approval of transactions with related      persons**

----

**ComVest      Financing**

**Director      independence**

**Item      14. Principal accountant fees and services**

**Audit      and non-audit fees **

|                              |   | **2006** |    | **2005** |   |
|-----------------------------------|--------|----------|---------|----------|--------|
|                              |   |     |    |     |   |
| Audit                fees         |   |     | 347,163 |     | $      | 571,971 |   |
|                              |   |     |    |     |   |   |   |
| Audit                related fees |   |     | 3,889   |     |   | 18,679 |   |
|                              |   |     |    |     |   |   |   |
| Tax                fees           |   |     | 55,837  |     |   | 23,212 |   |
|                              |   |     |    |     |   |   |   |
| All                other fees     |   |     | 17,739  |     |   | 7,500 |   |
|                              |   |     |    |     |   |   |   |
| Total                             |   |     | 424,628 |     | $      | 621,362 |   |

----

**PART      IV**

**Item      15. Exhibits and Financial Statement Schedules.**

| Exhibit                No.* |    | Description                of Exhibit                                                                                                                                                |
|-----------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                        |    |                                                                                                                                                                                 |
| 3.1[1]                      | — | Certificate                of Incorporation of the Registrant.                                                                                                                       |
|                        |    |                                                                                                                                                                                 |
| 3.2[1]                      | — | Certificate                of Merger of Educational Video Conferencing, Inc. (a New York Corporation)                into the Registrant (a Delaware Corporation).                   |
|                        |    |                                                                                                                                                                                 |
| 3.3[1]                      | — | Certificate                of Correction of the Certificate of Incorporation of the                Registrant.                                                                       |
|                        |    |                                                                                                                                                                                 |
| 3.4[3]                      | — | Certificate                of Amendment, dated February 22, 1999, to Certificate of Incorporation                of                the Registrant.                                   |
|                        |    |                                                                                                                                                                                 |
| 3.5[23]                     | — | Amended                and Restated By-Laws of the Registrant.                                                                                                                       |
|                        |    |                                                                                                                                                                                 |
| 3.6[5]                      | — | Certificate                Eliminating Reference to Series A 7.5% Convertible Preferred Stock                from                the Certificate of Incorporation of the Registrant. |
|                        |    |                                                                                                                                                                                 |
| 3.7[16]                     | — | Certificate                of Amendment, dated May 23, 2002, to Certificate of Incorporation                of the                Registrant.                                        |
|                        |    |                                                                                                                                                                                 |
| 3.8[5]                      | — | Certificate                Eliminating Reference to Series B 7% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                        |    |                                                                                                                                                                                 |
| 3.9[5]                      | — | Certificate                Eliminating Reference to Series C 8% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                        |    |                                                                                                                                                                                 |
| 3.10[20]                    | — | Certificate                of Amendment, filed August 9, 2004, to Certificate of Incorporation                of the                Registrant.                                      |

----

|                        |    |                                                                                                                                                                                                                                            |
|-----------------------------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.2[2]                      | — | Form                of Common Stock certificate.                                                                                                                                                                                                |
|                        |    |                                                                                                                                                                                                                                            |
| 4.3[4]                      | — | Warrant                Agreement, dated January 14, 2000, between the Registrant and Bruce.                R.                Kalisch.                                                                                                           |
|                        |    |                                                                                                                                                                                                                                            |
| 4.4[6]                      | — | Warrant                Agreement, dated April 18, 2000, between the Registrant and Peter                J.                Solomon Company Limited.                                                                                              |
|                        |    |                                                                                                                                                                                                                                            |
| 4.5[7]                      | — | Form                of Warrant issued to each seller of shares of ICTS,                Inc.                                                                                                                                                     |
|                        |    |                                                                                                                                                                                                                                            |
| 4.6[14]                     | — | Common                Stock Purchase Warrant issued in September 2003, to purchase 45,000                shares                of the Registrant’s common stock.                                                                          |
|                        |    |                                                                                                                                                                                                                                            |
| 4.7[17]                     | — | Common                Stock Purchase Warrant issued to placement agent on March 29,                2004.                                                                                                                                        |
|                        |    |                                                                                                                                                                                                                                            |
| 10.1[28]                    | — | Amended                and Restated Employment Agreement between the Registrant and Dr.                Arol I.                Buntzman, dated August 12, 2005.                                                                                  |
|                        |    |                                                                                                                                                                                                                                            |
| 10.2[28]                    | — | Amended                and Restated Employment Agreement between the Registrant and Dr.                John J.                McGrath, dated August 12, 2005.                                                                                   |
|                        |    |                                                                                                                                                                                                                                            |
| 10.3                (a)[9]  | — | Employment                Agreement between the Registrant and Richard Goldenberg, dated January                1,                2003.                                                                                                         |
|                        |    |                                                                                                                                                                                                                                            |
| 10.3                (b)[23] | — | Letter                agreement, dated September 30, 2005, amending Employment Agreement                between                the Registrant and Richard Goldenberg dated January 1,                2003.                                      |
|                        |    |                                                                                                                                                                                                                                            |
| 10.4[10]                    | — | Amended                and Restated 1998 Incentive Stock Option Plan of the                Registrant.                                                                                                                                          |
|                        |    |                                                                                                                                                                                                                                            |
| 10.5[11]                    | — | 2001                Non-Qualified Stock Option Plan.                                                                                                                                                                                            |
|                        |    |                                                                                                                                                                                                                                            |
| 10.6[9]                     | — | Form                of Change in Control Agreement used for agreements the Registrant                has with                each of Dr. Arol I. Buntzman, Dr. John J. McGrath, and Richard Goldenberg,                dated February 11, 2003. |
|                        |    |                                                                                                                                                                                                                                            |
| 10.7[1]                     | — | Form                of Indemnification Agreement. [Used for each director and executive                officer of the Registrant.]                                                                                                              |
|                        |    |                                                                                                                                                                                                                                            |
| 10.8[4]                     | — | Stock                Purchase Agreement, dated January 14, 2000, among Bruce R. Kalisch,                Interboro Holding, Inc. and Interboro Institute,                Inc.                                                                    |

----

|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
|------------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.9[12]                     | — | Lease                Agreement between 444 Realty Company and Interboro Institute, Inc.                dated                July 27, 1983, as amended by agreements dated September 20, 1988,                September 1, 1992, and February 1, 1993.                                                                                                              |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.10[12]                    | — | Lease                Agreement between Interboro Institute, Inc. and JUYI, Inc., dated                January                26, 2001.                                                                                                                                                                                                                             |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.11[8]                     | — | Promissory                Note for $1,000,000, dated August 4, 2003, payable by Interboro Institute,                Inc. to North Fork Bank.                                                                                                                                                                                                                       |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.12[8]                     | — | Form                of the Registrant’s Subscription and Registration Rights Agreement                relating to the Registrant’s August 1, 2003 issuance of common stock and                warrants.                                                                                                                                                |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.13[13]                    | — | Settlement                Agreement, made October 3, 2003, between Amaranth Trading L.L.C.                and the                Registrant.                                                                                                                                                                                                                       |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.14[13]                    | — | Form                of Share Claim Purchase and Registration Rights Agreement between                the                Registrant and each investor acquiring a portion of the Amaranth                Trading                L.L.C.’s rights to claims to shares of EVCI’s common stock upon conversion                of Series B Preferred shares. |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.15[14]                    | — | Third                Amendment and Lease Extension Agreement, made as of August 1, 2003,                between 444 Realty Company, L.L.C. and Interboro Institute,                Inc.                                                                                                                                                                            |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.16[15]                    | — | Ownership                and Registration Rights Agreement, dated November 11, 2003, between                the                Registrant and JLF Partners I, L.P., JLF Partners II, L.P. and JLF                Offshore Fund.                                                                                                                                    |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.17(a)[16]                 | — | Employment                Agreement between the Registrant and Joseph D. Alperin datedJanuary                1, 2004.                                                                                                                                                                                                                                              |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.17                (b)[23] | — | Letter                agreement, dated September 30, 2005, amending Employment Agreement                between                the Registrant and Joseph D. Alperin dated January 1,                2004.                                                                                                                                                          |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.18[16]                    | — | Option                Agreement between the Registrant and Joseph D. Alperin dated January                1, 2004.                                                                                                                                                                                                                                                 |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.19[16]                    | — | Change                of control letter agreement between the Registrant and Joseph D.                Alperin                dated January 1, 2004.                                                                                                                                                                                                                |
|                         |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.20[16]                    | — | Agreement,                made February 28, 2004, between Interboro Institute, Inc. and OPEIU                Local                153, AFL-CIO.                                                                                                                                                                                                                    |

----

|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|------------------------------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.21[17]                    | — | Securities                Purchase Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                                                                                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.22[17]                    | — | Registration                Rights Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                                                                                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.23[18]                    | — | Ownership                and Registration Rights Agreement, dated April 2, 2004, by and among                the                Registrant and nine funds managed by Wellington Management Company,                LLP.                                                                                                                                                                                                                                           |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.24[19]                    | — | 2004                Amended and Restated Incentive Stock Plan                                                                                                                                                                                                                                                                                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.25[20]                    | — | Form                of Stock Option Agreement (Nonqualified Stock Option)                                                                                                                                                                                                                                                                                                                                                                                         |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.26[20]                    | — | Form                of Stock Option Agreement (Nonqualified Stock Option) covering option                grants to executive officers that were approved at the Registrant’s July                27, 2004 stockholders meeting.                                                                                                                                                                                                                             |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.27[21]                    | — | Lease                made November 17, 2003 between Spruce Spires Associates, LP, and                Interboro                Institute, Inc.                                                                                                                                                                                                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (a)[22] | — | Sublease                for Premises at 37-02 Main Street, Flushing, NY 11354, dated March                28, 2005, between Genking, LLC and Interboro Institute, Inc. with                Exhibit                A and letter agreement, dated April 15, 2005, amending such sublease.                                                                                                                                                                           |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (b)[22] | — | Consent                to Sublease, dated April 22, 2005, among Mehran Enterprises Ltd.,                Futurama                Home Furniture of Queens, Inc., Genking, LLC and Interboro Institute,                Inc.                                                                                                                                                                                                                                         |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (c)[22] | — | Sublease,                dated March 30, 2004, between Futurama Home Furniture of Queens,                Inc. and                Genking, LLC.                                                                                                                                                                                                                                                                                                                    |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.28                (d)[22] | — | Agreement                of Lease, dated March 6, 2001, between Mehran Enterprise Ltd. and                Futurama                Home Furniture of Queens, Inc.                                                                                                                                                                                                                                                                                                  |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.29                [24]    | — | Stock                Purchase Agreement, dated September 30, 2005, among EVCI Career Colleges                Holding Corp., Technical Career Institutes, Inc., East Coast Training                Services of Delaware, Inc., East Coast Capital Corp. and North American                Training Services, Inc., with Exhibits (Schedules will be provided                supplementally to the Securities and Exchange Commission upon                request). |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 10.30(a)[25]                 | — | Loft                Lease dated as of September 1, 2004 between Getty Square Partners                LLC and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                             |

----

|                          |    |                                                                                                                                                                                                                                                                          |
|-------------------------------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.30(b)[25]                  | — | Letter                agreement dated August 18, 2004 between Getty Square Partners LLC                and                Interboro Institute, Inc.                                                                                                                           |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.30(c)[25]                  | — | First                Amendment to Lease dated as of July 14, 2005 between Getty Square                Partners                LLC and Interboro Institute, Inc.                                                                                                               |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.31[28]                     | — | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                Arol I.                Buntzman.                                                          |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.32[28]                     | — | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                John J.                McGrath.                                                           |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.33                (a)[26]  | — | Credit                Agreement, dated as of September 16, 2005, among the Registrant,                the                Guarantors from time-to-time parties thereto, the lenders from                time-to-time parties thereto and Harris N.A.                           |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.33                (b) [28] | — | First                Amendment to Credit Agreement , dated as of November 10, 2005, between                the                Registrant and Harris, N.A.                                                                                                                     |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.34                [26]     | — | Security                Agreement, dated as of September 16, 2005, among EVCI and other Debtors                and Harris N.A.                                                                                                                                                |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.35                [26]     | — | Trademark                Collateral Agreement, dated September 16, 2005, between Technical                Career                Institutes, Inc. and Harris N.A.                                                                                                              |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.36                [27]     | — | Employment                Agreement, dated as of September 29, 2005, between EVCI andJoseph                J. Looney.                                                                                                                                                         |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.37                [27]     | — | Change                of control letter agreement, dated September 29, 2005, between EVCI                and                Joseph J. Looney.                                                                                                                                 |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.38                [28]     | — | Lease                Agreement between Brill & Sharma Equities and Pennsylvania School of                Business for a term commencing June 1, 2005.                                                                                                                     |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.39                (a)[28]  | — | Net                Lease, dated as of December 19, 1997, between Overtime Properties                LLC and                Technical Career Institutes, Inc.                                                                                                                  |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.39                (b)[28]  | — | First                Amendment of Lease dated as of October 1, 2002 between Overtime                Properties, LLC and Technical Career Institutes, Inc.                                                                                                                     |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.40                (a)[28]  | — | Lease,                dated October 11, 1994, between F.H.E.A. Associates and Technical                Career                Institutes, Inc.                                                                                                                                 |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.40                (b)[28]  | — | First                Amendment of Lease, dated January 20, 1995, between F.H.E.A. Associates                and Technical Career Institutes, Inc.                                                                                                                             |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.40                (c)[28]  | — | Second                Modification and Extension of Lease Agreement, dated April 15, 2005,                between Eighth Avenue Limited Liability Company and Technical Career                Institutes, Inc.                                                                |
|                          |    |                                                                                                                                                                                                                                                                          |
| 10.41                (a)[28]  | — | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW, AFL-CIO, effective October 10, 1992- October 9, 1995,                and                covering office clerical employees. |

----

|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|------------------------------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.41                (b)[28] | — | Memorandum                of Agreement, dated October 10, 1995, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office and clerical                employees, which was effective October 10, 1992- October 9,                1995.                                                                                                                                                                                                        |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (c)[28] | — | Memorandum                of Agreement, dated October ____, 1998, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office clerical                employees, which was effective from October 10, 1995 through October                9,                1998.                                                                                                                                                                               |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (d)[28] | — | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW-AFL-CIO effective October 10, 1998-October 9, 2001,                covering instructors, laboratory technicians and maintenance persons                (This                agreement amends and restates the prior collective bargaining agreements                with the instructors, laboratory technicians and maintenance                employees.)                                                                |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (e)[28] | — | Memorandum                of Agreement, dated October 10, 2001, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such prior agreement effective October 10, 1998 through October 9,                2001. |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (f)[28] | — | Memorandum                of Agreement, dated October 10, 2004, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such agreement effective October 10, 2001 through October 9,                2004.       |

----

|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.42                [29]    | — | Letter                agreement, dated March 1, 2006, between the Registrant and Dr.                John J. McGrath.                                                                                                                                                                                                                                                                                                                                                            |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.43                [29]    | — | Form                of Restricted Stock Award Agreement for the restricted stock awards                to                participant's in the March 2006 salary reduction plan, including                Dr. John                J. McGrath, Dr. Arol I. Buntzman and Joseph J. Looney, without Annexes                A                and B.                                                                                                                                  |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.44                [29]    | — | Employment                Agreement, dated March 1, 2006, between the Registrant andJoseph                D. Alperin.                                                                                                                                                                                                                                                                                                                                                           |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.45                [29]    | — | Restricted                Stock Award Agreement, dated March 1, 2006, between the Registrant                and                Joseph D. Alperin, without Annex A.                                                                                                                                                                                                                                                                                                              |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.46[34]                    | — | Amended                and Restated Credit Agreement dated as of September 16, 2005, amended                and                restated as of March 31, 2006, among EVCI Career Colleges Holding                Corp.,                the Guarantors from time to time parties hereto, and Harris N.A.                as                lender. Schedules will be provided supplementally to the Securities                and                Exchange Commission upon request. |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.47[35]                    | — | First                Amendment, made April 30, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                        |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.48[36]                    | — | Second                Amendment, made June 26, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                        |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.49[36]                    | — | Waiver                Agreement, made August 9, 2006, relating to Amended and Restated                Credit                Agreement dated September 16, 2005 and amended and restated as of                March                31, 2006.                                                                                                                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.50[37]                    | — | Letter                Agreement, dated October 24, 2006, between the Registrant andDr.                Arol I. Buntzman.                                                                                                                                                                                                                                                                                                                                                         |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.51**                      | — | Memorandum                of Agreement dated January 30, 2007 between Office & Professional                Employees International Union Local 153, AFL-CIO, and Interboro                Institute.                                                                                                                                                                                                                                                                        |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.52                (a)**** | — | Securities                Purchase Agreement, dated as of April 24, 2007, (the “SPA”) between the                Registrant and ComVest Investment Partners III, L.P. (“ComVest”).                Schedules will be provided supplementally to the Securities and Exchange                Commission upon request.                                                                                                                                      |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 10.52                (b)**** | — | Exhibit                A to Securities Purchase Agreement: Form of ComVest Secured Convertible                Promissory.                                                                                                                                                                                                                                                                                                                                                       |

----

|                            |    |                                                                                                                                                                                                                       |
|---------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.52                (c)****    | — | Exhibit                C to Securities Purchase Agreement: Intercreditor                Agreement.                                                                                                                         |
|                            |    |                                                                                                                                                                                                                       |
| 10.52                (d)****    | — | Exhibit                D to Securities Purchase Agreement: Form of ComVest Registration                Rights                Agreement.                                                                                    |
|                            |    |                                                                                                                                                                                                                       |
| 10.52                (e)****    | — | Exhibit                E to Securities Purchase Agreement: Form of Security                Agreement.                                                                                                                      |
|                            |    |                                                                                                                                                                                                                       |
| 10.52                (f)****    | — | Exhibit                F to Securities Purchase Agreement: Form of ComVest                Warrant.                                                                                                                         |
|                            |    |                                                                                                                                                                                                                       |
| 10.53**                         | — | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. Arol I. Buntzman.                                                                                |
|                            |    |                                                                                                                                                                                                                       |
| 10.53                (a)† | — | Letter                Agreement, dated as of June 18, 2007, correcting and reforming Letter                Agreement, dated April 24, 2007, between the Registrant and Dr. Arol                I.                Buntzman. |
|                            |    |                                                                                                                                                                                                                       |
| 10.54**                         | — | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. John J. McGrath.                                                                                 |
|                            |    |                                                                                                                                                                                                                       |
| 10.55**                         | — | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Joseph D. Alperin, Esq.                                                                              |
|                            |    |                                                                                                                                                                                                                       |
| 10.56**                         | — | Employment                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                     |
|                            |    |                                                                                                                                                                                                                       |
| 10.57                (a)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. Arol                I.                Buntzman..                                                                                   |
|                            |    |                                                                                                                                                                                                                       |
| 10.57                (b)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. John                J.                McGrath.                                                                                     |
|                            |    |                                                                                                                                                                                                                       |
| 10.57                (c)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Joseph                D.                Alperin.                                                                                       |
|                            |    |                                                                                                                                                                                                                       |
| 10.57                (d)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                       |
|                            |    |                                                                                                                                                                                                                       |
| 10.58**                         | — | Form                of Secured Convertible Promissory Note to be issued by Registrant                to each                of Arol I. Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.   |
| 10.59**                         | — | Form                of Warrant to be issued by                Registrant.                                                                                                                                                  |

----

|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
|--------------------------|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.60**                  | —       | Registration                Rights Agreement, dated April 24, 2007, among the Registrant and                Arol I.                Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.                                                                                                                                               |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.61****                | —       | Letter                Agreement, dated April 24, 2007, among ComVest, Dr. Arol I. Buntzman,                Dr.                John J. McGrath, Joseph D. Alperin, Esq. and Stephen                Schwartz.                                                                                                                                                        |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.62**                  | —       | Second                Amended and Restated Credit Agreement, dated April 24, 2007, among                the                Registrant, the Guarantors from time to time parties thereto, and                Harris                N.A. as lender. Schedules will be provided supplementally to the                Securities and Exchange Commission upon request. |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.63**                  | —       | Pledge                Agreement, dated April 24, 2007, between the Registrant and Harris                N.A.                                                                                                                                                                                                                                                       |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.64†             |  — | Termination                of Change in Control Agreement; effective April 24, 2007, between                Richard                Goldenberg and the Registrant.                                                                                                                                                                                                  |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.65†             |  — | Form                of Convertible Note, Warrant and Purchase Agreement Clarification                Agreement.                                                                                                                                                                                                                                                    |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 21**                     | —       | Subsidiaries                of the Registrant.                                                                                                                                                                                                                                                                                                                     |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 23.1***                  | —       | Consent                of Goldstein Golub Kessler LLP.                                                                                                                                                                                                                                                                                                             |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 31.1†              | —       | Certification                of Chief Executive Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 31.2†              | —       | Certification                of Chief Financial Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 32.1†              | —       | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 32.2†              | —       | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 99.1                [21] | —       | Text                of final report, dated March 7, 2005, detailing the calculation of                the TAP                disallowances resulting from the TAP audit of the 2000-01 through                2002-03                academic years of Interboro Institute, Inc.                                                                                   |
|                     |          |                                                                                                                                                                                                                                                                                                                                                               |
| 99.2                [24] | —       | Press                Release dated June 30, 2005 related to the announcement of Exhibit                10.29(a) of this report.                                                                                                                                                                                                                                    |

----

|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
|---------------------------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 99.3                [27]  | — | Press                Release dated October 3, 2005 and captioned “EVCI Career Colleges Hires                Joseph J. Looney to serve as Chief Financial Officer.                                                                                                                                                                                                                 |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.4                [28]  | — | Press                Release dated October 19, 2005 and captioned “EVCI Career Colleges                Receives Draft Report of Compliance Review of Interboro                Institute.”                                                                                                                                                                                   |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.5                [30]  | — | Unaudited                financial statements of Technical Career Institutes, Inc. as of                September                30, 2005 and for the nine months ended September 30, 2005 and 2004,                and                the notes related thereto.                                                                                                                       |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.6                [30   | — | Audited                financial statements of Technical Career Institutes, Inc. as                ofSeptember                30, 2004 and 2003 and for each of the years in the three-year period                ended                September 30, 2004 and the notes related thereto.                                                                                                |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.7                [30]  | — | Unaudited                pro forma financial information for the year ended December 31, 2004                and                the nine months ended September 30, 2005 and the notes related thereto.                                                                                                                                                                                 |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.8                [31]  | — | Press                release dated December 5, 2005 and captioned “EVCI Career Colleges                Receives Final Report of Compliance Review of Interboro                Institute.”                                                                                                                                                                                   |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.9                [31]  | — | Draft                Report of Compliance Review of Interboro Institute dated October                7,                2005.                                                                                                                                                                                                                                                            |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.10                [31] | — | Response                of Interboro Institute Inc., dated November 3, 2005, to two draft                reports                from the State Education Department of New York.                                                                                                                                                                                                        |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.11                [31] | — | Letter                dated November 23, 2005 from Stephen H. Adolphus, President of Interboro                Institute, to Joseph P. Frey, Assistant Commissioner- Office of Quality                Assurance, New York State Education Department outlining Interboro                Institute’s revised admissions screening procedures.                                       |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.12                [31] | — | Letter                dated November 21, 2005 from Steven M. Gombos of Ritzert & Leyton to                Joseph P. Frey, Assistant Commissioner, The State Education Department                outlining the results of the independent investigation for the Audit                Committee of the Board of Directors of EVCI Career Colleges Holding                Corp.        |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.13                [31] | — | Letter                dated December 2, 2005 from Joseph P. Frey, Assistant Commissioner-                Office                of Quality Assurance, the State Education Department of New York                including                attachment titled “State Education Department Analysis of Interboro                Institute’s Response to the Draft Report.” |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.14                [32] | — | Press                release dated January 13, 2006 and captioned “EVCI Career Colleges Reports                New Student Caps for Interboro’s Spring 2006 Through Spring 2007                Semesters.”                                                                                                                                                            |

----

|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|---------------------------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 99.15                [32] | — | Letter                dated December 19, 2005 with enclosures from the registrant to Joseph                P.                Frey, Assistant Commissioner.                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.16                [32] | — | Letter                dated December 23, 2005 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.17                [32] | — | Letter                dated January 4, 2006 with enclosure from the registrant to Johanna                Duncan-Poitier, Deputy Commissioner.                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.18                [32] | — | Letter                dated January 11, 2006 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.19                [33] | — | Response                of Interboro Institute to the December 2, 2005 Report from the New                York                State Education Department.                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.20                [33] | — | Letter                dated February 2, 2006 from the New York State Education Department                to                EVCI.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.21                [34] | — | Interboro                Institute’s Comprehensive Institutional Effectiveness Plan with                transmittal letter from the registrant dated February 22, 2006.                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.22                [34] | — | Letter                dated March 13, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.23                [34] | — | Letter                dated March 14, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.24                [34] | — | Interboro                Institute’s Mid-Point Self Study dated March 28, 2006 (without attachments                with transmittal letter from the Registrant dated March 30,                2006.)                                                                                                                                                                                                                                                                                                                                                                                           |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.25**                   | — | Report                of a Compliance Review of Interboro Institute June 19-20, 2006 and                October                16-18, 2006; transmittal letter dated March 23, 2007 to Registrant                from                Joseph P. Frey of the New York State Education Department; Ratings                for                Each Checked Standard (for use in assessing the Compliance Review),                and                letter dated January 11, 2006 from Johanna Duncan-Poitier, Deputy                Commissioner, referred to in the Compliance                Report). |

| *       | Numbers                inside brackets indicate documents from which exhibits have been                incorporated by reference.                             |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                          |
| **      | Previously                filed on April 27, 2007. Please note that exhibits 10.57(a)-(d) are                included on EDGAR as one exhibit numbered 10.57. |
|    |                                                                                                                                                          |
| ***     | Previously                filed on May 1, 2007.                                                                                                               |
|    |                                                                                                                                                          |
| ****    | Previously                filed on May 23, 2007.                                                                                                              |
|    |                                                                                                                                                          |
| † | Filed                herewith.                                                                                                                                |

----

| [1]    | Incorporated                by reference to the Registrant’s Registration Statement on Form SB-2,                filed October                23, 1998, Registration No. 333-66085.                    |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                         |
| [2]    | Incorporated                by reference to Amendment No. 4, dated February 10, 1999, to the                Registrant’s Form SB-2, Registration No. 333-66085.                                        |
|   |                                                                                                                                                                                                         |
| [3]    | Incorporated                by reference to Registrant’s Form 10-QSB for the quarter ended September                30, 1999.                                                                          |
|   |                                                                                                                                                                                                         |
| [4]    | Incorporated                by reference to the Registrant’s Form 8-K dated January 14,                2000.                                                                                           |
|   |                                                                                                                                                                                                         |
| [5]    | Incorporated                by reference to the Registrant’s Form 8-K dated October 6,                2000.                                                                                            |
|   |                                                                                                                                                                                                         |
| [6]    | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2000.                                                                      |
|   |                                                                                                                                                                                                         |
| [7]    | Incorporated                by reference to the Registrant’s Form 8-K dated July 1,                2001.                                                                                               |
|   |                                                                                                                                                                                                         |
| [8]    | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
|   |                                                                                                                                                                                                         |
| [9]    | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2002.                                                                          |
|   |                                                                                                                                                                                                         |
| [10]   | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                December 31, 2002, Registration No. 333-102310.                                   |
|   |                                                                                                                                                                                                         |
| [11]   | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                October 23, 2001, Registration No. 333-72080.                                     |
|   |                                                                                                                                                                                                         |
| [12]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
|   |                                                                                                                                                                                                         |
| [13]   | Incorporated                by reference to the Registrant’s Form 8-K dated October 10,                2003.                                                                                           |
|   |                                                                                                                                                                                                         |
| [14]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
|   |                                                                                                                                                                                                         |
| [15]   | Incorporated                by reference to Amendment No. 1 to the Registrant’s Registration Statement                on Form S-3, filed December 4, 2003, Registration No.                333-110567. |

----

|   |                                                                                                                                    |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------|
| [16]   | Incorporated                by reference to the Registrant’s Form 10-KSB/A for the year ended December                31, 2003.   |
|   |                                                                                                                                    |
| [17]   | Incorporated                by reference to the Registrant’s Form 8-K dated March 29,                2004.                        |
|   |                                                                                                                                    |
| [18]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2004. |
|   |                                                                                                                                    |
| [19]   | Incorporated                by reference to the Registrant’s definitive Proxy Statement dated May 2,                2005.         |
|   |                                                                                                                                    |
| [20]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2004. |
|   |                                                                                                                                    |
| [21]   | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2004.     |
|   |                                                                                                                                    |
| [22]   | Incorporated                by reference to the Registrant’s Form 8-K dated March 7, 2005.                                        |
|   |                                                                                                                                    |
| [23]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended September                30, 2005.   |
|   |                                                                                                                                    |
| [24]   | Incorporated                by reference to the Registrant’s Form 8-K dated July 1, 2005.                                         |
|   |                                                                                                                                    |
| [25]   | Incorporated                by reference to the Registrant’s Form 8-K dated July 18, 2005.                                        |
|   |                                                                                                                                    |
| [26]   | Incorporated                by reference to the Registrant’s Form 8-K dated September 16,                2005.                    |
|   |                                                                                                                                    |
| [27]   | Incorporated                by reference to the Registrant’s Form 8-K dated September 29,                2005.                    |
|   |                                                                                                                                    |
| [28]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended September                30, 2005.   |
|   |                                                                                                                                    |
| [29]   | Incorporated                by reference to the Registrant’s Form 8-K dated March 1,                2006.                         |
|   |                                                                                                                                    |
| [30]   | Incorporated                by reference to the Registrant’s Form 8-K/A dated September 16,                2005.                  |
|   |                                                                                                                                    |
| [31]   | Incorporated                by reference to the Registrant’s Form 8-K dated December 5,                2005.                      |
|   |                                                                                                                                    |
| [32]   | Incorporated                by reference to the Registrant’s Form 8-K dated January 12,                2006.                      |
|   |                                                                                                                                    |
| [33]   | Incorporated                by reference to the Registrant’s Form 8-K dated February 3,                2006.                      |

----

|   |                                                                                                                              |
|--------|-----------------------------------------------------------------------------------------------------------------------------------|
| [34]   | Incorporated                by reference to the Registrant’s Form 10-K filed September 30,                2006.             |
|   |                                                                                                                              |
| [35]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended March 31,                2006. |
|   |                                                                                                                              |
| [36]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended June 30,                2006.  |
|   |                                                                                                                              |
| [37]   | Incorporated                by reference to the Registrant’s Form 8-K dated October 26,                2006.                |

----

**SIGNATURES**

|                               |                                                                                   |                                                   |
|------------------------------------|----------------------------------------------------------------------------------------|--------------------------------------------------------|
|                               | EVCI              CAREER              COLLEGES HOLDING CORP.                           |
|                          |                                                                              |                                              |
| Date:              August 10, 2007 | By:                                                                          | /s/ Dr.              John              J. McGrath |
|                               | Dr.                John J. McGrathChief                Executive Officer and President |
|                               |                                                                                        |

|         |                                                   |                                   |
|--------------|--------------------------------------------------------|----------------------------------------|
|         |                                                        |
|    |                                              |                              |
|         | By:                                          | /s/ Stephen              Schwartz |
|         | Stephen              Schwartz, Chief Financial Officer |
|         |                                                        |

| Signature                                                           |   | Date                                              |   |
|---------------------------------------------------------------------|--------|---------------------------------------------------|--------|
|                                                                |   |                                              |   |
| /s/                  Dr. Arol I. Buntzman                           |   | August                  10,                  2007 |
| Dr.                  Arol I. Buntzman                               |   |                                              |   |
| Chairman                  of the Board                              |   |                                              |   |
|                                                                |   |                                              |   |
| /s/                  Dr. John J. McGrath                            |   | August                  10,                  2007 |
| Dr.                  John J. McGrath                                |   |                                              |   |
| Chief                  Executive Officer and President and Director |   |                                              |   |
|                                                                |   |                                              |   |
| /s/                  Brian H. Fluck                                 |   | August                  10,                  2007 |
| Brian                  H. Fluck                                     |   |                                              |   |
| Director                                                            |   |                                              |   |
|                                                                |   |                                              |   |
| /s/                  Philip M. Getter                               |   | August                  10,                  2007 |
| Philip                  M. Getter                                   |   |                                              |   |
| Director                                                            |   |                                              |   |
|                                                                |   |                                              |   |
| /s/                  Donald Grunewald                               |   | August                  10,                  2007 |
| Donald                  Grunewald                                   |   |                                              |   |
| Director                                                            |   |                                              |   |
|                                                                |   |                                              |   |
|                                                                |   | August                  ,                  2007   |
| Robert                  F. Kennedy, Jr.                             |   |                                              |   |
| Director                                                            |   |                                              |   |
|                                                                |   |                                              |   |
|                                                                |   | August                  ,                  2007   |
| Inder                  Tallur                                       |   |                                              |   |
| Director                                                            |   |                                              |   |

----

**EXHIBIT      INDEX**

| Exhibit                No.*     |    | Description                of Exhibit                                                                                                                                                |
|---------------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                            |    |                                                                                                                                                                                 |
| 3.1                [1]     | — | Certificate                of Incorporation of the Registrant.                                                                                                                       |
|                            |    |                                                                                                                                                                                 |
| 3.2                [1]     | — | Certificate                of Merger of Educational Video Conferencing, Inc. (a New York Corporation)                into the Registrant (a Delaware Corporation).                   |
|                            |    |                                                                                                                                                                                 |
| 3.3                [1]     | — | Certificate                of Correction of the Certificate of Incorporation of the                Registrant.                                                                       |
|                            |    |                                                                                                                                                                                 |
| 3.4                [3]     | — | Certificate                of Amendment, dated February 22, 1999, to Certificate of Incorporation                of                the Registrant.                                   |
|                            |    |                                                                                                                                                                                 |
| 3.5                [23]    | — | Amended                and Restated By-Laws of the Registrant.                                                                                                                       |
|                            |    |                                                                                                                                                                                 |
| 3.6                [5]     | — | Certificate                Eliminating Reference to Series A 7.5% Convertible Preferred Stock                from                the Certificate of Incorporation of the Registrant. |
|                            |    |                                                                                                                                                                                 |
| 3.7                [16]    | — | Certificate                of Amendment, dated May 23, 2002, to Certificate of Incorporation                of the                Registrant.                                        |
|                            |    |                                                                                                                                                                                 |
| 3.8                [5]     | — | Certificate                Eliminating Reference to Series B 7% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                            |    |                                                                                                                                                                                 |
| 3.9                [5]     | — | Certificate                Eliminating Reference to Series C 8% Convertible Preferred Stock                from the                Certificate of Incorporation of the Registrant.   |
|                            |    |                                                                                                                                                                                 |
| 3.10                [20]   | — | Certificate                of Amendment, filed August 9, 2004, to Certificate of Incorporation                of the                Registrant.                                      |
|                            |    |                                                                                                                                                                                 |
| 4.2                [2]     | — | Form                of Common Stock certificate.                                                                                                                                     |
|                            |    |                                                                                                                                                                                 |
| 4.3                [4]     | — | Warrant                Agreement, dated January 14, 2000, between the Registrant and Bruce.                R.                Kalisch.                                                |
|                            |    |                                                                                                                                                                                 |
| 4.4                [6]     | — | Warrant                Agreement, dated April 18, 2000, between the Registrant and Peter                J.                Solomon Company Limited.                                   |

----

|                                |    |                                                                                                                                                                                                                                                  |
|-------------------------------------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.5                [7]         | — | Form                of Warrant issued to each seller of shares of ICTS,                Inc.                                                                                                                                                           |
|                                |    |                                                                                                                                                                                                                                                  |
| 4.6                [14]        | — | Common                Stock Purchase Warrant issued in September 2003, to purchase 45,000                shares                of the Registrant’s common stock.                                                                                |
|                                |    |                                                                                                                                                                                                                                                  |
| 4.7                [17]        | — | Common                Stock Purchase Warrant issued to placement agent on March 29,                2004.                                                                                                                                              |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.1                [28]       | — | Amended                and Restated Employment Agreement between the Registrant and Dr.                Arol I.                Buntzman, dated August 12, 2005.                                                                                        |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.2                [28]       | — | Amended                and Restated Employment Agreement between the Registrant and Dr.                John J.                McGrath, dated August 12, 2005.                                                                                         |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.3                (a) [9]    | — | Employment                Agreement between the Registrant and Richard Goldenberg, dated January                1,                2003.                                                                                                               |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.3                (b) [23]   | — | Letter                agreement, dated June 30, 2005, amending Employment Agreement between                the                Registrant and Richard Goldenberg dated January 1,                2003.                                                 |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.4                [10]       | — | Amended                and Restated 1998 Incentive Stock Option Plan of the                Registrant.                                                                                                                                                |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.5                [11]       | — | 2001                Non-Qualified Stock Option Plan.                                                                                                                                                                                                  |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.6                [9]        | — | Form                of Change in Control Agreement used for agreements the Registrant                has with                each of Dr. Arol I. Buntzman, Dr. John J. McGrath, and Richard Goldenberg,                dated February 11, 2003.       |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.7                [1]        | — | Form                of Indemnification Agreement. [Used for each director and executive                officer of the Registrant.]                                                                                                                    |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.8                [4]        | — | Stock                Purchase Agreement, dated January 14, 2000, among Bruce R. Kalisch,                Interboro Holding, Inc. and Interboro Institute, Inc.                                                                                         |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.9                [12]       | — | Lease                Agreement between 444 Realty Company and Interboro Institute, Inc.                dated                July 27, 1983, as amended by agreements dated September 20, 1988,                September 1, 1992, and February 1, 1993. |
|                                |    |                                                                                                                                                                                                                                                  |
| 10.10                [12]      | — | Lease                Agreement between Interboro Institute, Inc. and JUYI, Inc., dated                January                26, 2001.                                                                                                                |

----

|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
|----------------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.11                [8]    | — | Promissory                Note for $1,000,000, dated August 4, 2003, payable by Interboro Institute,                Inc. to North Fork Bank.                                                                                                                                                                                                                       |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.12                [8]    | — | Form                of the Registrant’s Subscription and Registration Rights Agreement                relating to the Registrant’s August 1, 2003 issuance of common stock and                warrants.                                                                                                                                                |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.13                [13]   | — | Settlement                Agreement, made October 3, 2003, between Amaranth Trading L.L.C.                and the                Registrant.                                                                                                                                                                                                                       |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.14                [13]   | — | Form                of Share Claim Purchase and Registration Rights Agreement between                the                Registrant and each investor acquiring a portion of the Amaranth                Trading                L.L.C.’s rights to claims to shares of EVCI’s common stock upon conversion                of Series B Preferred shares. |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.15                [14]   | — | Third                Amendment and Lease Extension Agreement, made as of August 1, 2003,                between 444 Realty Company, L.L.C. and Interboro Institute,                Inc.                                                                                                                                                                            |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.16                [15]   | — | Ownership                and Registration Rights Agreement, dated November 11, 2003, between                the                Registrant and JLF Partners I, L.P., JLF Partners II, L.P. and JLF                Offshore Fund.                                                                                                                                    |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.17                (a) [16]    | — | Employment                Agreement between the Registrant and Joseph D. Alperin dated January                1,                2004.                                                                                                                                                                                                                              |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.17                (b) [23]    | — | Letter                agreement, dated June 30, 2005, amending Employment Agreement between                the                Registrant and Joseph D. Alperin dated January 1, 2004.                                                                                                                                                                              |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.18                [16]   | — | Option                Agreement between the Registrant and Joseph D. Alperin dated January                1,                2004.                                                                                                                                                                                                                                  |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.19                [16]   | — | Change                of control letter agreement between the Registrant and Joseph D.                Alperin                dated January 1, 2004.                                                                                                                                                                                                                |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.20                [16]   | — | Agreement,                made February 28, 2004, between Interboro Institute, Inc. and OPEIU                Local                153, AFL-CIO.                                                                                                                                                                                                                    |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.21                [17]   | — | Securities                Purchase Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of Buyers.                                                                                                                                                                                      |
|                             |    |                                                                                                                                                                                                                                                                                                                                                               |
| 10.22                [17]   | — | Registration                Rights Agreement, dated March 29, 2004, by and among the Registrant                and                each buyer named in the Schedule of                Buyers.                                                                                                                                                                       |

----

|                                   |    |                                                                                                                                                                                                                                                                                   |
|----------------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.23                [18]    | — | Ownership                and Registration Rights Agreement, dated April 2, 2004, by and among                the                Registrant and six funds managed by Wellington Management Company,                LLP.                                                                 |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.24                [19]         | — | 2004                Amended and Restated Incentive Stock Plan                                                                                                                                                                                                                          |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.25                [20]         | — | Form                of Stock Option Agreement (Nonqualified Stock Option)                                                                                                                                                                                                              |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.26                [20]         | — | Form                of Stock Option Agreement (Nonqualified Stock Option) covering option                grants to executive officers that were approved at the Registrant’s July                27, 2004 stockholders meeting.                                                  |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.27                [21]         | — | Lease                made November 17, 2003 between Spruce Spires Associates, LP, and                Interboro                Institute, Inc.                                                                                                                                          |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.28                (a) [22]          | — | Sublease                for Premises at 37-02 Main Street, Flushing, NY 11354, dated March                28,                2005, between Genking, LLC and Interboro Institute, Inc. withExhibit                A and letter agreement, dated April 15, 2005, amending such sublease. |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.28                (b) [22]          | — | Consent                to Sublease, dated April 22, 2005, among Mehran Enterprises Ltd.,                Futurama                Home Furniture of Queens, Inc., Genking, LLC and Interboro Institute,                Inc.                                                              |
|                                   |    |                                                                                                                                                                                                                                                                                   |
| 10.28                (c) [22]          | — | Sublease,                dated March 30, 2004, between Futurama Home Furniture of Queens,                Inc. and                Genking, LLC.                                                                                                                                         |
|                                   |    |                                                                                                                                                                                                                                                                                   |

| 10.28                (d) [22]    | — | Agreement                of Lease, dated March 6, 2001, between Mehran Enterprise Ltd. and                Futurama                Home Furniture of Queens, Inc.                                                                                                                                                                                                                                                                                             |
|----------------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                             |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.29                [24]   | — | Stock                Purchase Agreement, dated June 30, 2005, among EVCI Career Colleges                Holding Corp., Technical Career Institutes, Inc., East Coast Training                Services of Delaware, Inc., East Coast Capital Corp. and North American                Training Services, Inc., with Exhibits (Schedules will be provided                supplementally to the Securities and Exchange Commission upon                request). |
|                             |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.30                (a) [25]    | — | Loft                Lease dated as of September 1, 2004 between Getty Square Partners                LLC and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                        |
|                             |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.30                (b) [25]    | — | Letter                agreement dated August 18, 2004 between Getty Square Partners LLC                and                Interboro Institute, Inc.                                                                                                                                                                                                                                                                                                          |

----

|                                   |    |                                                                                                                                                                                                                                                |
|----------------------------------------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.30                (c) [25]          | — | First                Amendment to Lease dated as of July 14, 2005 between Getty Square                Partners                LLC and Interboro Institute, Inc.                                                                                     |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.31                [28]    | — | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                Arol I.                Buntzman.                                |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.32                [28]    | — | 2004                Amended and Restated Incentive Stock Plan Restricted Stock Award                Agreement, dated August 12, 2005, between the Registrant and Dr.                John J.                McGrath.                                 |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.33                (a) [26]     | — | Credit                Agreement, dated as of September 16, 2005, among the Registrant,                the                Guarantors from time-to-time parties thereto, the lenders from                time-to-time parties thereto and Harris N.A. |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.33                (b) [28]     | — | First                Amendment to Credit Agreement , dated as of November 10, 2005, between                the                Registrant and Harris, N.A.                                                                                           |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.34                [26]    | — | Security                Agreement, dated as of September 16, 2005, among EVCI and other Debtors                and Harris N.A.                                                                                                                      |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.35                [26]    | — | Trademark                Collateral Agreement, dated September 16, 2005, between Technical                Career                Institutes, Inc. and Harris N.A.                                                                                    |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.36                [27]              | — | Employment                Agreement, dated as of September 29, 2005, between EVCI and Joseph                J.                Looney.                                                                                                               |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.37                [27]              | — | Change                of control letter agreement, dated September 29, 2005, between EVCI                and                Joseph J. Looney.                                                                                                       |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.38                [28]              | — | Lease                Agreement between Brill & Sharma Equities and Pennsylvania School of                Business for a term commencing June 1, 2005.                                                                                           |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.39                (a) [28]          | — | Net                Lease, dated as of December 19, 1997, between Overtime Properties                LLC and                Technical Career Institutes, Inc.                                                                                        |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.39                (b) [28]          | — | First                Amendment of Lease dated as of October 1, 2002 between Overtime                Properties, LLC and Technical Career Institutes, Inc.                                                                                           |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.40                (a) [28]          | — | Lease,                dated October 11, 1994, between F.H.E.A. Associates and Technical                Career                Institutes, Inc.                                                                                                       |
|                                   |    |                                                                                                                                                                                                                                                |
| 10.40                (b) [28]          | — | First                Amendment of Lease, dated January 20, 1995, between F.H.E.A. Associates                and Technical Career Institutes,                Inc.                                                                                    |

----

|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-------------------------------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.40                (c) [28] | — | Second                Modification and Extension of Lease Agreement, dated April 15, 2005,                between Eighth Avenue Limited Liability Company and Technical Career                Institutes, Inc.                                                                                                                                                                                                                                                                                                                                                              |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (a) [28] | — | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW, AFL-CIO, effective October 10, 1992- October 9, 1995,                and                covering office clerical employees.                                                                                                                                                                                                                                                                                               |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (b) [28] | — | Memorandum                of Agreement, dated October 10, 1995, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office and clerical                employees, which was effective October 10, 1992- October 9,                1995.                                                                                                                                                                                                        |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (c) [28] | — | Memorandum                of Agreement, dated October ____, 1998, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending collective                bargaining agreement between the parties covering office clerical                employees, which was effective from October 10, 1995 through October                9,                1998.                                                                                                                                                                               |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (d) [28] | — | Collective                Bargaining Agreement between Technical Career Institutes, Inc. and                T.O.P.                Local 2110 UAW-AFL-CIO effective October 10, 1998-October 9, 2001,                covering instructors, laboratory technicians and maintenance persons                (This                agreement amends and restates the prior collective bargaining agreements                with the instructors, laboratory technicians and maintenance                employees.)                                                                |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (e) [28] | — | Memorandum                of Agreement, dated October 10, 2001, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such prior agreement effective October 10, 1998 through October 9,                2001. |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.41                (f) [28] | — | Memorandum                of Agreement, dated October 10, 2004, between T.O.P. Local 2110                UAW-AFL-CIO and Technical Career Institutes, Inc., amending (A) collective                bargaining agreement between the parties covering instructors, laboratory                technicians and maintenance employees and (B) collective bargaining                agreement between the parties covering office clerical employees,                each                such agreement effective October 10, 2001 through October 9,                2004.       |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.42                [29]     | — | Letter                agreement, dated March 1, 2006, between the Registrant and Dr. John                J.                McGrath.                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|                          |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 10.43                [29]     | — | Form                of Restricted Stock Award Agreement for the restricted stock awards                to Dr.                John J. McGrath, Dr. Arol I. Buntzman and Joseph J. Looney, without                Annexes A and B.                                                                                                                                                                                                                                                                                                                                            |

----

|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|------------------------------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.44                [29]    | — | Employment                Agreement, dated March 1, 2006, between the Registrant and Joseph                D.                Alperin.                                                                                                                                                                                                                                                                                                                                          |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.45                [29]    | — | Restricted                Stock Award Agreement, dated March 1, 2006, between the Registrant                and                Joseph D. Alperin, without Annex A.                                                                                                                                                                                                                                                                                                             |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.46                [34]    | — | Amended                and Restated Credit Agreement dated as of September 16, 2005, amended                and                restated as of March 31, 2006, among EVCI Career Colleges Holding                Corp.,                the Guarantors from time to time parties hereto, and Harris N.A.                as                lender. “Schedules will be provided supplementally to the Securities and                Exchange Commission upon request.” |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.47                [35]    | — | First                Amendment, made April 30, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                       |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.48                [36]    | — | Second                Amendment, made June 26, 2006, to Amended and Restated Credit Agreement                dated as of September 16, 2005 and amended and restated as of March                31,                2006.                                                                                                                                                                                                                                                       |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.49                [36]    | — | Waiver                Agreement, made August 9, 2006, relating to Amended and Restated                Credit                Agreement dated September 16, 2005 and amended and restated as of                March                31, 2006.                                                                                                                                                                                                                                    |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.50                [37]    | — | Letter                Agreement, dated October 24, 2006, between the Registrant and Dr.                Arol I.                Buntzman.                                                                                                                                                                                                                                                                                                                                        |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.51**                      | — | Memorandum                of Agreement dated January 30, 2007 between Office & Professional                Employees International Union, Local 153, AFL-CIO, and Interboro                Institute.                                                                                                                                                                                                                                                                      |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.52                (a)**** | — | Securities                Purchase Agreement, dated as of April 24, 2007, (the “SPA”) between the                Registrant and ComVest Investment Partners III, L.P. (“ComVest”).                Schedules will be provided supplementally to the Securities and Exchange                Commission upon request.                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.52                (b)**** | — | Exhibit                A to Securities Purchase Agreement: Form of ComVest Secured Convertible                Promissory .                                                                                                                                                                                                                                                                                                                                                     |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.52                (c)**** | — | Exhibit                C to Securities Purchase Agreement: Intercreditor                Agreement.                                                                                                                                                                                                                                                                                                                                                                             |
|                         |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 10.52                (d)**** | — | Exhibit                D to Securities Purchase Agreement: Form of ComVest Registration                Rights                Agreement.                                                                                                                                                                                                                                                                                                                                        |

----

|                            |    |                                                                                                                                                                                                                             |
|---------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.52                (e)****    | — | Exhibit                E to Securities Purchase Agreement: Form of Security                Agreement.                                                                                                                            |
|                            |    |                                                                                                                                                                                                                             |
| 10.52                (f)****    | — | Exhibit                F to Securities Purchase Agreement: Form of ComVest                Warrant.                                                                                                                               |
|                            |    |                                                                                                                                                                                                                             |
| 10.53**                         | — | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. Arol I. Buntzman.                                                                                      |
|                            |    |                                                                                                                                                                                                                             |
| 10.53                (a)† | — | Letter                Agreement, dated as of June 18, 2007, correcting and reforming Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. Arol I. Buntzman. |
|                            |    |                                                                                                                                                                                                                             |
| 10.54**                         | — | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Dr. John J. McGrath.                                                                                       |
|                            |    |                                                                                                                                                                                                                             |
| 10.55**                         | — | Letter                Agreement regarding employment, dated April 24, 2007, between the                Registrant and Joseph D. Alperin, Esq.                                                                                    |
|                            |    |                                                                                                                                                                                                                             |
| 10.56**                         | — | Employment                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                           |
|                            |    | .                                                                                                                                                                                                                                |
| 10.57                (a)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. Arol                I.                Buntzman..                                                                                         |
|                            |    |                                                                                                                                                                                                                             |
| 10.57                (b)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Dr. John                J.                McGrath.                                                                                           |
|                            |    |                                                                                                                                                                                                                             |
| 10.57                (c)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Joseph                D.                Alperin.                                                                                             |
|                            |    |                                                                                                                                                                                                                             |
| 10.57                (d)**      | — | Purchase                Agreement, dated April 24, 2007, between the Registrant and Stephen                Schwartz.                                                                                                             |
|                            |    |                                                                                                                                                                                                                             |
| 10.58**                         | — | Form                of Secured Convertible Promissory Note to be issued by Registrant                to each                of Arol I. Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.         |
|                            |    |                                                                                                                                                                                                                             |
| 10.59**                         | — | Form                of Warrant to be issued by Registrant.                                                                                                                                                                       |
|                            |    |                                                                                                                                                                                                                             |
| 10.60**                         | — | Registration                Rights Agreement, dated April 24, 2007, among the Registrant and                Arol I.                Buntzman, John J. McGrath, Joseph D. Alperin and Stephen                Schwartz.             |

----

|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
|----------------------------------------------|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.61****                                    | —       | Letter                Agreement, dated April 24, 2007, among ComVest, Dr. Arol I. Buntzman,                Dr.                John J. McGrath, Joseph D. Alperin, Esq. and Stephen                Schwartz.                                                                                                                                                        |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.62**                                      | —       | Second                Amended and Restated Credit Agreement, dated April 24, 2007, among                the                Registrant, the Guarantors from time to time parties thereto, and                Harris                N.A. as lender. Schedules will be provided supplementally to the                Securities and Exchange Commission upon request. |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.63**                                      | —       | Pledge                Agreement, dated April 24, 2007, between the Registrant and Harris                N.A.                                                                                                                                                                                                                                                       |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.64†                                 |  — | Termination                of Change in Control Agreement, effective April 24, 2007, between                Richard                Goldenberg and the Registrant.                                                                                                                                                                                                  |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 10.65†                                 |          | Form                of Convertible Note, Warrant and Purchase Agreement Clarification                Agreement.                                                                                                                                                                                                                                                    |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 21**                                         | —       | Subsidiaries                of the Registrant                                                                                                                                                                                                                                                                                                                      |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 23.1***                                      | —       | Consent                of Goldstein Golub Kessler LLP.                                                                                                                                                                                                                                                                                                             |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 31.1†                        | —       | Certification                of Chief Executive Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 31.2†                        | —       | Certification                of Chief Financial Officer required by Rule 13a-14(a) under the Exchange                Act.                                                                                                                                                                                                                                          |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 32.1†                        | —       | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 32.2†                   | —       | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of Sarbanes-Oxley Act of 2002.                                                                                                                                                                        |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 99.1                [21]      | —       | Text                of final report, dated March 7, 2005, detailing the calculation of                the TAP                disallowances resulting from the TAP audit of the 2000-01 through                2002-03                academic years of Interboro Institute, Inc.                                                                                   |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 99.2                [24]  .   | —       | Press                Release dated June 30, 2005 related to the announcement of Exhibit                10.29(a) of this report.                                                                                                                                                                                                                                    |
|                                         |          |                                                                                                                                                                                                                                                                                                                                                               |
| 99.3                [27]      | —       | Press                release dated October 3, 2005 and captioned “EVCI Career Colleges Hires                Joseph J. Looney to serve as Chief Financial                Officer.”                                                                                                                                                                      |

----

|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
|---------------------------------------------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 99.4                [28]     | — | Press                Release dated October 19, 2005 and captioned “EVCI Career Colleges                Receives Draft Report of Compliance Review of Interboro                Institute.”                                                                                                                                                                                   |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.5                [30]          | — | Unaudited                financial statements of Technical Career Institutes, Inc. as of June                30,                2005 and for the nine months ended June 30, 2005 and 2004, and the                notes                related thereto.                                                                                                                                 |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.6                [30]          | — | Audited                financial statements of Technical Career Institutes, Inc. as of September                30, 2004 and 2003 and for each of the years in the three-year period                ended                September 30, 2004 and the notes related thereto.                                                                                                              |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.7                [30]          | — | Unaudited                pro forma financial information for the year ended December 31, 2004                and                the nine months ended September 30, 2005 and the notes related thereto.                                                                                                                                                                                 |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.8                [31]          | — | Press                release dated December 5, 2005 and captioned “EVCI Career Colleges                Receives Final Report of Compliance Review of Interboro                Institute.”                                                                                                                                                                                   |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.9                [31]          | — | Draft                Report of Compliance Review of Interboro Institute dated October                7,                2005.                                                                                                                                                                                                                                                            |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.10                [31]         | — | Response                of Interboro Institute Inc., dated November 3, 2005, to two draft                reports                from the State Education Department of New York.                                                                                                                                                                                                        |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.11                [31]         | — | Letter                dated November 23, 2005 from Stephen H. Adolphus, President of Interboro                Institute, to Joseph P. Frey, Assistant Commissioner- Office of Quality                Assurance, New York State Education Department outlining Interboro                Institute’s revised admissions screening procedures.                                       |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.12                [31]                   | — | Letter                dated November 21, 2005 from Steven M. Gombos of Ritzert & Leyton to                Joseph P. Frey, Assistant Commissioner, The State Education Department                outlining the results of the independent investigation for the Audit                Committee of the Board of Directors of EVCI Career Colleges Holding                Corp.        |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.13                [31]                   | — | Letter                dated December 2, 2005 from Joseph P. Frey, Assistant Commissioner-                Office                of Quality Assurance, the State Education Department of New York                including                attachment titled “State Education Department Analysis of Interboro                Institute’s Response to the Draft Report.” |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.14                [32]                   | — | Press                release dated January 13, 2006 and captioned “EVCI Career Colleges Reports                New Student Caps for Interboro’s Spring 2006 Through Spring 2007                Semesters.”                                                                                                                                                            |
|                                        |    |                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.15                [32]                   | — | Letter                dated December 19, 2005 with enclosures from the registrant to Joseph                P.                Frey, Assistant Commissioner.                                                                                                                                                                                                                              |

----

|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|---------------------------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 99.16                [32] | — | Letter                dated December 23, 2005 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.17                [32] | — | Letter                dated January 4, 2006 with enclosure from the registrant to Johanna                Duncan-Poitier, Deputy Commissioner.                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.18                [32] | — | Letter                dated January 11, 2006 from Johanna Duncan-Poitier, Deputy Commissioner,                to the registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.19                [33] | — | Response                of Interboro Institute to the December 2, 2005 Report from the New                York                State Education Department.                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.20                [33] | — | Letter                dated February 2, 2006 from the New York State Education Department                to                EVCI.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.21                [34] | — | Interboro                Institute’s Comprehensive Institutional Effectiveness Plan with                transmittal letter from the registrant dated February 22, 2006.                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.22                [34] | — | Letter                dated March 13, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.23                [34] | — | Letter                dated March 14, 2006 from the New York State Education Department                to the                Registrant.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.24                [34] | — | Interboro                Institute’s Mid-Point Self Study dated March 28, 2006 (without attachments                with transmittal letter from the Registrant dated March 30,                2006.                                                                                                                                                                                                                                                                                                                                                                                            |
|                      |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.25**                   | — | Report                of a Compliance Review of Interboro Institute June 19-20, 2006 and                October                16-18, 2006; transmittal letter dated March 23, 2007 to Registrant                from                Joseph P. Frey of the New York State Education Department; Ratings                for                Each Checked Standard (for use in assessing the Compliance Review),                and                letter dated January 11, 2006 from Johanna Duncan-Poitier, Deputy                Commissioner, referred to in the Compliance                Report). |

| *       | Numbers                inside brackets indicate documents from which exhibits have been                incorporated by reference.                             |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                          |
| **      | Previously                filed on April 27, 2007. Please note that exhibits 10.57(a)-(d) are                included on EDGAR as one exhibit numbered 10.57. |
|    |                                                                                                                                                          |
| ***     | Previously                filed on May 1, 2007.                                                                                                               |
|    |                                                                                                                                                          |
| ****    | Previously                filed on May 23, 2007                                                                                                               |
|    |                                                                                                                                                          |
| † | Filed                herewith.                                                                                                                                |

----

| [1]    | Incorporated                by reference to the Registrant’s Registration Statement on Form SB-2,                filed October 23, 1998, Registration No. 333-66085.                                   |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                         |
| [2]    | Incorporated                by reference to Amendment No. 4, dated February 10, 1999, to the                Registrant’s Form SB-2, Registration No. 333-66085.                                        |
|   |                                                                                                                                                                                                         |
| [3]    | Incorporated                by reference to Registrant’s Form 10-QSB for the quarter ended September                30, 1999.                                                                          |
|   |                                                                                                                                                                                                         |
| [4]    | Incorporated                by reference to the Registrant’s Form 8-K dated January 14,                2000.                                                                                           |
|   |                                                                                                                                                                                                         |
| [5]    | Incorporated                by reference to the Registrant’s Form 8-K dated October 6,                2000.                                                                                            |
|   |                                                                                                                                                                                                         |
| [6]    | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2000.                                                                      |
|   |                                                                                                                                                                                                         |
| [7]    | Incorporated                by reference to the Registrant’s Form 8-K dated July 1,                2001.                                                                                               |
|   |                                                                                                                                                                                                         |
| [8]    | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
|   |                                                                                                                                                                                                         |
| [9]    | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2002.                                                                          |
|   |                                                                                                                                                                                                         |
| [10]   | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                December 31, 2002, Registration No. 333-102310.                                   |
|   |                                                                                                                                                                                                         |
| [11]   | Incorporated                by reference to the Registrant’s Registration Statement on Form S-8 filed                October 23, 2001, Registration No. 333-72080.                                     |
|   |                                                                                                                                                                                                         |
| [12]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
|   |                                                                                                                                                                                                         |
| [13]   | Incorporated                by reference to the Registrant’s Form 8-K dated October 10,                2003.                                                                                           |
|   |                                                                                                                                                                                                         |
| [14]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2003.                                                                      |
|   |                                                                                                                                                                                                         |
| [15]   | Incorporated                by reference to Amendment No. 1 to the Registrant’s Registration Statement                on Form S-3, filed December 4, 2003, Registration No.                333-110567. |
|   |                                                                                                                                                                                                         |
| [16]   | Incorporated                by reference to the Registrant’s Form 10-KSB/A for the year ended December                31, 2003.                                                                        |
|   |                                                                                                                                                                                                         |
| [17]   | Incorporated                by reference to the Registrant’s Form 8-K dated March 29,                2004.                                                                                             |

----

|   |                                                                                                                                    |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------|
| [18]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended June                30, 2004.      |
|   |                                                                                                                                    |
| [19]   | Incorporated                by reference to the Registrant’s definitive Proxy Statement dated May 2,                2005.         |
|   |                                                                                                                                    |
| [20]   | Incorporated                by reference to the Registrant’s Form 10-QSB for the quarter ended                September 30, 2004. |
|   |                                                                                                                                    |
| [21]   | Incorporated                by reference to the Registrant’s Form 10-KSB for the year ended December                31, 2004.     |
|   |                                                                                                                                    |
| [22]   | Incorporated                by reference to the Registrant’s Form 8-K dated March 7, 2005.                                        |
|   |                                                                                                                                    |
| [23]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended March 31,                2005.       |
|   |                                                                                                                                    |
| [24]   | Incorporated                by reference to the Registrant’s Form 8-K dated July 1, 2005.                                         |
|   |                                                                                                                                    |
| [25]   | Incorporated                by reference to the Registrant’s Form 8-K dated July 18, 2005.                                        |
|   |                                                                                                                                    |
| [26]   | Incorporated                by reference to the Registrant’s Form 8-K dated September 16,                2005.                    |
|   |                                                                                                                                    |
| [27]   | Incorporated                by reference to the Registrant’s Form 8-K dated September 29,                2005.                    |
|   |                                                                                                                                    |
| [28]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended September                30, 2005.   |
|   |                                                                                                                                    |
| [29]   | Incorporated                by reference to the Registrant’s Form 8-K dated March 1,                2006.                         |
|   |                                                                                                                                    |
| [30]   | Incorporated                by reference to the Registrant’s Form 8-K/A dated September 16,                2005.                  |
|   |                                                                                                                                    |
| [31]   | Incorporated                by reference to the Registrant’s Form 8-K dated December 5,                2005.                      |
|   |                                                                                                                                    |
| [32]   | Incorporated                by reference to the Registrant’s Form 8-K dated January 12,                2006.                      |
|   |                                                                                                                                    |
| [33]   | Incorporated                by reference to the Registrant’s Form 8-K dated February 3,                2006.                      |
|   |                                                                                                                                    |
| [34]   | Incorporated                by reference to the Registrant’s Form 10-K filed September 30,                2006.                   |
|   |                                                                                                                                    |
| [35]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended March 31,                2006.       |
|   |                                                                                                                                    |
| [36]   | Incorporated                by reference to the Registrant’s Form 10-Q for the quarter ended June 30,                2006.        |
|   |                                                                                                                                    |
| [37]   | Incorporated                by reference to the Registrant’s Form 8-K dated October 26,                2006.                      |

----