Exhibit 10.29

ACKNOWLEDGMENT AND AMENDMENT        TO        FINANCING AGREEMENT

This ACKNOWLEDGMENT AND AMENDMENT ("Amendment") TO THE AGREEMENT FOR INVENTORY FINANCING is made as of August 6, 2002 by and between En Pointe Technologies
Sales, Inc., duly organized under the laws of the State of Delaware ("Customer") andIBM Credit
Corporation, a Delaware corporation ("IBM Credit").

RECITALS:

WHEREAS,Customer and IBM Credit have entered into that Agreement for Inventory Financing dated as of
December 28, 2001 (as amended, supplemented or otherwise modified from time to time, the "Agreement");

WHEREAS,Customer has requested that IBM Credit agree to modify the Agreement as more specifically set forth below, upon and subject to
the terms and conditions set forth herein; and

WHEREAS,IBM Credit is willing to accommodate Customer's request subject to the conditions set forth below ("Accommodation").

AGREEMENT

NOW THEREFORE,in consideration of the premises set forth herein, and for other good and valuable consideration,
the value and sufficiency of which is hereby acknowledged, the parties hereto agree that the Agreement is amended as follows:

Section 1.Definitions.All capitalized terms not otherwise defined herein shall
have the respective meanings set forth in the Agreement.

Section 2.Amendment.The Agreement is hereby amended as follows:



"Schedule 5.1(D)

Customer Jurisdictions

Parent JurisdictionsCalifornia

CaliforniaColorado

DelawareDelawareGeorgiaMinnesotaNew JerseyNew YorkNo. CarolinaTexasUtahWashington"




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|Applicable Covenant
Amount (Old) |            | Applicable Covenant
Amount (New) |   | Applicable Period
|-------------------------------- | ---------- | -------------------------------- | - | -----------------
|$                                | (1,000,000 | )                                | $ | (3,000,000       
|$                                | 0          |                                  | $ | (3,800,000       
|$                                | 300,000    |                                  | $ | (2,250,000       
|$                                | 700,000    |                                  | $ | (1,500,000       
|$                                | 1,200,000  |                                  | $ | 1,200,000        
|$                                | 1,700,000  |                                  | $ | 2,500,000        
|$                                | 2,000,000  |                                  | $ | 2,500,000        



Section 3.Conditions to Effectiveness of Accommodation.The Accommodation set
forth in Section 2 hereof shall become effective upon the receipt by IBM Credit of (i) this Amendment executed by Customer, and (ii) an Accommodation fee, in immediately available
funds, equal to Ten Thousand and 00/100 Dollars ($10,000.00), and (iii) from Foothill, on or prior to August 6, 2002, of an amendment to the Intercreditor and Subordination Agreement
dated as of December 28, 2001 (the "Intercreditor Agreement"), between Foothill and IBM Credit executed by all parties to the Intercreditor Agreement. Such Accommodation fee payable to IBM
Credit hereunder shall be nonrefundable and shall be in addition to any other fees IBM Credit may charge Customer (other than fees related to the execution of this Amendment).

Section 4.Rights and Remedies.Except to the extent specifically amended or
waived herein IBM Credit reserves any and all rights and remedies that IBM Credit now has or may have in the future with respect to Customer, including any and all rights or remedies which it may have
in the future as a result of Customer's failure to comply with its financial covenants to IBM Credit. Except to the extent specifically amended or waived herein neither this Amendment, any of IBM
Credit's actions or IBM Credit's failure to act shall be deemed to be a waiver of any such rights or remedies.

Section 5.Governing Law.This Amendment shall be governed by and interpreted in
accordance with the laws which govern the Agreement.

Section 6.Counterparts.This Amendment may be executed in any number of
counterparts, each of which shall be an original and all of which shall constitute one agreement.

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IN WITNESS WHEREOF,this Amendment has been executed by duly authorized representatives of the undersigned as of the day and year first
above written.

|IBM Credit Corporation |  | En Pointe Technologies Sales, Inc.
|---------------------- |  | ----------------------------------
|By:                    |  |                                   
|                       |  |                                   
|Print Name:            |  |                                   
|                       |  |                                   
|Title:                 |  |                                   
|                       |  |                                   
|Date:                  |  |                                   
|                       |  |                                   

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