THIRD AMENDMENT TO AMENDED, CONSOLIDATED
        AND RESTATED 10% SENIOR SUBORDINATED SECURED NOTE

     THIS  THIRD  AMENDMENT  TO  THE  AMENDED,  CONSOLIDATED  AND
RESTATED  10%  SENIOR SUBORDINATED SECURED NOTE (the "Amendment")
is  dated  as of December 9, 2003 (the "Effective Date")  by  and
between  COMTEX  News Network, Inc., a Delaware Corporation  (the
"Company")   and  AMASYS  Corporation,  a  Delaware   Corporation
("Holder").

     A.    Holder  is  the successor in interest and  the  holder
pursuant  to  that  certain Assignment and  Assumption  Agreement
dated October 11, 1996 of that certain Amended, Consolidated  and
Restated 10% Senior Subordinated Secured Note dated as of May 16,
1995,  executed  and delivered by the Company  to  the  order  of
Infotechnology,  Inc. in the principal amount  of  Eight  Hundred
Fifty-six Thousand Nine Hundred Fifty-four Dollars ($856,954) (as
amended,  supplemented, replaced, restated or otherwise  modified
from  time to time, the "Note").  Capitalized terms used in  this
Amendment  and  not  otherwise  defined  herein  shall  have  the
respective meanings assigned in the Note.

     B.    Company and Holder executed the First Allonge  to  the
Amended,   Consolidated  and  Restated  10%  Senior  Subordinated
Secured Note as of June 20, 1999.

     C.   Company and Holder executed the Second Amendment to the
Amended,   Consolidated  And  Restated  10%  Senior  Subordinated
Secured Note as of August 31, 2001.

     D.    Holder  executed  a  Subordination  Agreement  between
Holder  and Silicon Valley Bank as of December 9, 2003, in  order
to  induce  Silicon Valley Bank to extend credit to the  Company.
In  consideration  of such Subordination Agreement,  the  Company
agrees to reduce the Conversion price of the Note.

                            AGREEMENT

     NOW THEREFORE,      in consideration of the mutual covenants
herein and for other good and valuable consideration, the receipt
and  adequacy of which are hereby acknowledged, the parties agree
as follows:

     1.   Incorporation of Recitals. The Recitals set forth above
are incorporated herein by reference as if fully set forth in the
text of this Amendment.

     2.    Definitions. Capitalized terms used in this  Amendment
and not otherwise defined shall have the meanings assigned in the
Note.

     3.   Amendment to Note.  The Note is, effective as of the date
hereof,  and  subject  to  the  satisfaction  of  the  terms  and
conditions set forth herein, hereby amended as follows:

          (a)   Repayment Term.  The first sentence of the  first
full  paragraph  of  the Note following the  recitals  is  hereby
amended  and  restated in its entirety to read as follows:   "The
Company promises to pay to the Holder at such place as the Holder
shall  direct, the principal sum of $856,953.73 on July  1,  2008
(the  "Due  Date")  together with interest at  the  rate  of  ten
percent   (10%)  per  annum  on  the  unpaid  principal   balance
("Principal") of this Note from time to time outstanding."

          (b)  Conversion.  Section 9 shall be replaced in its
               entirety as follows:

               9.     Conversion.   At  any  time  prior  to  the
          repayment  of  this  Note,  Holder  may,  upon  written
          notice,  convert  all or a portion of  the  outstanding
          Principal  Amount, plus accrued interest,  into  common
          stock  of  Company at the defined per share  Conversion
          price,  by  providing written notice to  Company.   The
          Conversion  price  shall be $0.75 per  share,  plus  an
          additional   $0.05  every  one  hundred  eighty   (180)
          calendar days commencing on the Effective Date.

     4.    Acknowledgement.  Company acknowledges and affirms its
agreement  to  pay  the Note, as modified in this  Amendment,  in
accordance  with  the terms hereof and thereof, and  to  perform,
comply with and be bound by each and every one of the other terms
and provisions of the Note, as modified by this Amendment.

     5.   No Novation. Company and Holder agree that this Amendment
shall not constitute a novation of the indebtedness evidenced  by
the Note.  Nothing herein contained shall in any way be construed
to  impair the Note (as modified hereby) as evidencing  a  single
principal indebtedness of Company payable to the order of Holder.

     6.   Full Force and Effect. Except as specifically set forth
herein,  all  terms  and  provisions of  the  Note  shall  remain
unchanged and in full force and effect.

     7.   Successors and Assigns.  This Amendment shall be binding
upon  and  shall inure to the benefit of the parties thereto  and
their   respective  heirs,  executors,  administrators,  personal
representatives, successors and assigns.

     8.   Severability.  In case any one or more of the provisions
contained  in  this  Amendment  shall  be  invalid,  illegal   or
unenforceable, the validity and enforceability of  the  remaining
provisions  contained herein shall not in any way be affected  or
impaired thereby.

     IN  WITNESS  WHEREOF, the parties hereto  have  caused  this
Amendment  to  be  executed as of the day and  year  first  above
written.


                              COMPANY

                              COMTEX NEWS NETWORK, INC.



                              By:  /S/ STEPHEN W. ELLIS
                              Name: STEPHEN W. ELLIS
                              Title: CHAIRMAN AND CEO


                              HOLDER

                              AMASYS CORPORATION


                              By:  /S/ THOMAS MCMAHAN
                              Name: THOMAS MCMAHAN
                              Title: DIRECTOR
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