Exhibit 10.72

SECOND AMENDMENT TO LEASE AGREEMENT

SECOND
AMENDMENT TO LEASE AGREEMENT dated as of this 6 day of August, 2009 by Diamond Chip Group, L.L.C., a limited liability
company organized under the laws of the state of Georgia (Landlord) and SED
International, Inc., a corporation organized under the laws of the state of
Georgia (Tenant). Collectively, the Landlord and Tenant are referred
to hereinafter as the Parties.

WITNESSETH:

WHEREAS, Landlord and Tenant entered into
that certain lease agreement, dated April 1, 1999, as amended on September 19,
2005 (the Lease) for the use and occupancy of the Premises located at 4916
North Royal Atlanta Drive, Tucker, Georgia 30084;

WHEREAS, the Term of the Lease will expire
at midnight on September 30, 2009 unless the Parties to extend the Term;

WHEREAS, the Parties wish to extend the
Term of the Lease for an additional two (2)
year period beginning on October 1, 2009 and ending at midnight September 30,
2011, reduce the Base Annual Rent by $43,000 per annum during such extension
period and make certain modifications to the Lease;

NOW, THEREFORE, in consideration of the sum
of ten dollars ($10.00) paid by Tenant to Landlord, the receipt and sufficiency
of which are hereby acknowledged and for
other good and valuable consideration, the Parties hereto agree as
follows:

1.     Capitalized
terms. Capitalized terms used but not defined herein shall have the same
meaning ascribed to them in the Lease.

2.     Term.
Section 1.01 of the Lease is hereby amended and as amended shall read as
follows:

| |       |                                                                                                                     
| | ----- | --------------------------------------------------------------------------------------------------------------------
| | 1.01. | Term. The Term of this Lease begins on the
 Lease Date specified above and ends at midnight on September 30, 2011.

3.     Base
Rent. Section 3.01(b) of the Lease is hereby amended to read as follows:

| |     |                                                                                                                                                                                                                                                                                               
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | (b) | The Base Annual Rent during each Lease Year beginning on October 1, 2009 through the end of the Term shall
 be $287,895.00, which amount shall not be subject to Consumer Price Index or
 other adjustment. Base Annual Rent means the minimum rent due during each
 Lease Year of the Term.

4.     Landlords
Rights on Default. The last sentence of Section 9.02(h) of the Lease is
hereby amended to read:

| |                                                                                                                                                                                                                                             
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Tenant agrees that that Landlord shall not be liable for any damages
 resulting to Tenant from effecting compliance with Tenants obligations under
 this section except where caused by the Landlords negligence or willful
 misconduct.

5.     Notices
and Services. Sections 12.09(a) and (a)(i) of the Lease is hereby amended
to read as follows:

| |        |                       
| | ------ | ----------------------
| | 12.09. | Notices and
 Services.

| |  |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
| |  | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | (a) | All notices, requests, demands and other communications permitted or
 required hereunder shall be in writing and shall be deemed to have been duly
 given: (i) on the date of delivery, if delivered personally, by facsimile or
 electronic mail; (ii) the next business day, if delivered by overnight
 courier; and (iii), on the third calendar day subsequent to the postmark date
 thereof, if mailed, by United States certified or registered mail, postage
 prepaid, to the party to which the same is directed at the following
 addresses, or at such

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| |                                                                             
| | ----------------------------------------------------------------------------
| | other addresses as shall be given in writing by the parties to one
 another:

| |     |                    |                                     
| | --- | ------------------ | ------------------------------------
| | (i) | If to
 Tenant, at: | SED International,
 Inc.            
| |     |                    | 4916 North
 Royal Atlanta Drive     
| |     |                    | Tucker,
 Georgia 30084              
| |     |                    | Attention:
 Chief Executive Officer 
| |     |                    | Facsimile:
 (770) 243-1196          
| |     |                    | Email:
 bgay@SEDintl.com            
| |     |                    |                                     
| |     |                    |                                     
| |     | With a copy
 to:   | Morse
 Zelnick Rose & Lander, LLP   
| |     |                    | 405 Park
 Avenue, Suite 1401        
| |     |                    | New York,
 New York 10022           
| |     |                    | Attention:
 Stephen A. Zelnick, Esq.
| |     |                    | Facsimile:
 (212) 838-9190          
| |     |                    | Email: szelnick@mzrl.com            

5.     Section
12.25, Extension Options, is hereby deleted in its entirely and be replaced
with [INTENTIONALLY OMITTED].

6.     Other
Provisions of the Lease. Except as otherwise provided herein, all other provisions of the Lease shall remain in full force and effect and Tenants use
and occupancy of the Premises shall
continue on the terms described therein for the Term of the Lease, as
amended hereby.

IN WITNESS WHEREOF, the Parties have duly
executed and delivered this Second Amendment to Lease Agreement as of the day
and year first indicated above.

|                           |  |                         
|-------------------------- |  | ------------------------
|DIAMOND
 CHIP GROUP L.L.C. |  | SED
 INTERNATIONAL, INC.
|                           |  |                         
|BY:                        |  | By:                     
|                           |  |                         
|Manager                    |  | Chief
 Executive Officer

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