<PAGE>   1
                                Exhibit 10.30.1

                     AMENDMENT TO ASSET PURCHASE AGREEMENT
                                      AND
                     RELATED AGREEMENTS BETWEEN THE COMPANY
                                      AND
                    DESIGN AND SOURCE HOLDING COMPANY, LTD.


February 25, 1997

Haresh Tharani
Design and Source Holding Company Ltd.
1450 Broadway - 18th Floor
New York, NY
10018

Re: Refinance of Purchase Note

Dear Haresh:

        This will confirm that the attached represents the refinance of the
"BCI" purchase note.

        In summary, the principal as of February 15, 1997 is $600,000 with
interest at 4% per year.  The first three years are at interest only payable
monthly.  Principal and interest payments will begin on March 15, 2000 for four
years.

Sincerely,
Steven P. Wyandt
-----------------
Steven P. Wyandt

Attachment
<PAGE>   2
Loan amount                    $600,000
Compound Period                Monthly

Nominal Annual Rate            4.0000%
Effective Annual Rate          4.0742%
Period Rate                    0.3333%
Monthly Payments #1            $2,000 Mar-15-1997 to Feb-15-2000
Monthly Payments #2        $13,547.43 Mar-15-2000 to Feb-15-2004

<TABLE>
<CAPTION>
Date             Payment         Interest         Principal         Balance
----             -------         --------         ---------         -------
<S>           <C>               <C>             <C>             <C>
Feb-15-1997                                                       $600,000.00
Mar-15-1997     $2,000.00       $2,000.00                         $600,000.00
Apr-15-1997     $2,000.00       $2,000.00                         $600,000.00
May-15-1997     $2,000.00       $2,000.00                         $600,000.00
Jun-15-1997     $2,000.00       $2,000.00                         $600,000.00
Jul-15-1997     $2,000.00       $2,000.00                         $600,000.00
Aug-15-1997     $2,000.00       $2,000.00                         $600,000.00
Sep-15-1997     $2,000.00       $2,000.00                         $600,000.00
Oct-15-1997     $2,000.00       $2,000.00                         $600,000.00
Nov-15-1997     $2,000.00       $2,000.00                         $600,000.00
Dec-15-1997     $2,000.00       $2,000.00                         $600,000.00
Jan-15-1998     $2,000.00       $2,000.00                         $600,000.00
Feb-15-1998     $2,000.00       $2,000.00                         $600,000.00
Mar-15-1998     $2,000.00       $2,000.00                         $600,000.00
Apr-15-1998     $2,000.00       $2,000.00                         $600,000.00
May-15-1998     $2,000.00       $2,000.00                         $600,000.00
Jun-15-1998     $2,000.00       $2,000.00                         $600,000.00
Jul-15-1998     $2,000.00       $2,000.00                         $600,000.00
Aug-15-1998     $2,000.00       $2,000.00                         $600,000.00
Sep-15-1998     $2,000.00       $2,000.00                         $600,000.00
Oct-15-1998     $2,000.00       $2,000.00                         $600,000.00
Nov-15-1998     $2,000.00       $2,000.00                         $600,000.00
Dec-15-1998     $2,000.00       $2,000.00                         $600,000.00
Jan-15-1999     $2,000.00       $2,000.00                         $600,000.00
Feb-15-1999     $2,000.00       $2,000.00                         $600,000.00
Mar-15-1999     $2,000.00       $2,000.00                         $600,000.00
Apr-15-1999     $2,000.00       $2,000.00                         $600,000.00
May-15-1999     $2,000.00       $2,000.00                         $600,000.00
Jun-15-1999     $2,000.00       $2,000.00                         $600,000.00
Jul-15-1999     $2,000.00       $2,000.00                         $600,000.00
Aug-15-1999     $2,000.00       $2,000.00                         $600,000.00
Sep-15-1999     $2,000.00       $2,000.00                         $600,000.00
Oct-15-1999     $2,000.00       $2,000.00                         $600,000.00
Nov-15-1999     $2,000.00       $2,000.00                         $600,000.00
Dec-15-1999     $2,000.00       $2,000.00                         $600,000.00
Jan-15-2000     $2,000.00       $2,000.00                         $600,000.00
Feb-15-2000     $2,000.00       $2,000.00                         $600,000.00
Mar-15-2000    $13,547.43       $2,000.00         $11,547.43      $588,452.57
</TABLE>
<PAGE>   3
<TABLE>
<CAPTION>
Date           Payment       Interest               Principal         Balance
----           -------       --------               ---------         -------
<S>           <C>           <C>                    <C>             <C>

Apr-15-2000   $13,547.43     $1,961.51              $11,585.92      $576,866.64
May-15-2000   $13,547.43     $1,922.89              $11,624.54      $565,242.10
Jun-15-2000   $13,547.43     $1,884.14              $11,663.29      $553,578.81
Jul-15-2000   $13,547.43     $1,845.26              $11,702.17      $541,876.64
Aug-15-2000   $13,547.43     $1,806.26              $11,741.18      $530,135.46
Sep-15-2000   $13,547.43     $1,767.12              $11,780.31      $518,355.14
Oct-15-2000   $13,547.43     $1,727.85              $11,819.58      $506,535.56
Nov-15-2000   $13,547.43     $1,688.45              $11,858.98      $494,676.58
Dec-15-2000   $13,547.43     $1,648.92              $11,898.51      $482,778.07
Jan-15-2001   $13,547.43     $1,609.26              $11,938.17      $470,839.90
Feb-15-2001   $13,547.43     $1,569.47              $11,977.97      $458,861.93
Mar-15-2001   $13,547.43     $1,529.54              $12,017.89      $446,844.04
Apr-15-2001   $13,547.43     $1,489.48              $12,057.95      $434,786.09
May-15-2001   $13,547.43     $1,449.29              $12,098.15      $422,687.94
Jun-15-2001   $13,547.43     $1,408.96              $12,138.47      $410,549.47
Jul-15-2001   $13,547.43     $1,368.50              $12,178.93      $398,370.53
Aug-15-2001   $13,547.43     $1,327.90              $12,219.53      $386,151.00
Sep-15-2001   $13,547.43     $1,287.17              $12,260.26      $373,890.74
Oct-15-2001   $13,547.43     $1,246.30              $12,301.13      $361,589.61
Nov-15-2001   $13,547.43     $1,205.30              $12,342.13      $349,247.47
Dec-15-2001   $13,547.43     $1,164.16              $12,383.27      $336,864.20
Jan-15-2002   $13,547.43     $1,122.88              $12,424.55      $324,439.65
Feb-15-2002   $13,547.43     $1,081.47              $12,465.97      $311,973.68
Mar-15-2002   $13,547.43     $1,039.91              $12,507.52      $299,466.16
Apr-15-2002   $13,547.43     $  998.22              $12,549.21      $286,916.95
May-15-2002   $13,547.43     $  956.39              $12,591.04      $274,325.90
Jun-15-2002   $13,547.43     $  914.42              $12,633.01      $261,692.89
Jul-15-2002   $13,547.43     $  872.31              $12,675.12      $249,017.77
Aug-15-2002   $13,547.43     $  830.06              $12,717.37      $236,300.39
Sep-15-2002   $13,547.43     $  787.67              $12,759.76      $223,540.63
Oct-15-2002   $13,547.43     $  745.14              $12,802.30      $210,738.33
Nov-15-2002   $13,547.43     $  702.46              $12,844.97      $197,893.36
Dec-15-2002   $13,547.43     $  659.64              $12,887.79      $185,005.57
Jan-15-2003   $13,547.43     $  616.69              $12,930.75      $172,074.83
Feb-15-2003   $13,547.43     $  573.58              $12,973.85      $159,100.98
Mar-15-2003   $13,547.43     $  530.34              $13,017.10      $146,083.88
Apr-15-2003   $13,547.43     $  486.95              $13,060.49      $133,023.39
May-15-2003   $13,547.43     $  443.41              $13,104.02      $119,919.37
Jun-15-2003   $13,547.43     $  399.73              $13,147.70      $106,771.67
Jul-15-2003   $13,547.43     $  355.91              $13,191.53      $ 93,580.14
Aug-15-2003   $13,547.43     $  311.93              $13,235.50      $ 80,344.64
Sep-15-2003   $13,547.43     $  267.82              $13,279.62      $ 67,065.03
Oct-15-2003   $13,547.43     $  223.55              $13,323.88      $ 53,741.14
Nov-15-2003   $13,547.43     $  179.14              $13,368.30      $ 40,372.85
Dec-15-2003   $13,547.43     $  134.58              $13,412.86      $ 26,959.99
Jan-15-2004   $13,547.43     $   89.87              $13,457.57      $ 13,502.42
Feb-15-2004   $13,547.43     $   45.01              $13,502.42      $      0.00
</TABLE>