EXHIBIT 10.2

            Amendment to Loan and Security Agreement dated March 21, 2001


As of March 21, 2001

K-Tronik Int'l Corporation
290 Vincent Avenue
Hackensack, New Jersey 07601

Re:  Loan and Security Agreement dated as of September 17,
     1998 (said agreement as amended or modified from time
     to time the "Loan Agreement")

Gentlemen:

     This is to confirm our approval of your request for three
(3) month extension of the term of the One Million Five Hundred
Thousand Dollar ($1,500.000.00) revolving credit facility provided
for in the Loan Agreement and to modify certain sections of the Loan
Agreement.  Accordingly, we have agreed to the following
modifications to the Loan Agreement:

     (A)  The definition of Termination Date as set forth in
Section 1.1 of the Loan Agreement is hereby modified to read as
follows:

Termination Date.  means (a) June 30, 2001, unless such
date is extended pursuant to section 3.1 hereof, and if so
extended on one or more occasions the last date of the last
such extension, or (b) if earlier terminated by BACC
pursuant to section 9.1 hereof, the date of such termination.

     (B)  Section 2.9 of the Loan Agreement is hereby modified
to read as follows.

2.9 Field Examination Fee. Borrower agrees to pay to BACC a
fee (Field Examination Fee) in an amount equal to Seven
Hundred Fifty Dollars ($750.00) per day per examiner plus
out of pocket expenses for each examination of Borrower's
Books or the other Collateral performed by BACC or its designee.

     In consideration of BACC's entry into this letter
agreement, the Borrower shall, contemporaneous with the execution
hereof, pay to BACC an extension fee of Fifteen Thousand Dollars
($15,000.00).

     Our approval shall not constitute a waiver of any Events of
Default, if any so exist, or any future violation of any provisions
of the Loan Agreement or any other Loan Documents.

     By your execution hereof Borrower agrees to pay all costs
and expenses, including reasonable attorneys fees and disbursements,
incurred by BACC in connection with the preparation of this letter
agreement and the other documents created in connection herewith.
Capitalized terms not defined herein but defined in the Loan
Agreement shall have the same meaning ascribed to such terms in the
Loan Agreement.  Your execution shall also act as your representation
that the execution of this letter agreement has been authorized by
all required corporate action, that this letter agreement constitutes
the valid and binding obligation of the Borrower, is enforceable in
accordance with its terms and that no material adverse change in the
financial condition of the Borrower has occurred and the Borrower's
reaffirmation of its grant to BACC of a lien on the Collateral.

     Except as herein set forth, the Loan Agreement and all
other Loan Documents shall remain in full force and effect.  Our
agreement as aforesaid is subject to your written agreement with the
terms hereof by signing and returning a copy hereof where so
indicated below, along with the enclosed Extension Promissory Note
and by the written consent of guarantors and subordinator, where so
indicated below.  This letter may be executed in counterparts.

                              BUSINESS ALLIANCE CAPITAL CORP.


                              By:  "William Seibold"
                              Name: William Seibold
                              Title: Senior Vice President


Agreed to

K-Tronik Int'l. Corporation


/s/Robert Kim
Robert Kim
President


     The undersigned, guarantor of the Liabilities of the
Borrower to BACC, hereby consents to the above letter and agrees that
same shall not affect his Individual Guaranty dated as of as of
September 17, 1998, which guaranty remains in full force and effect.

                                        /s/Robert Kim
                                         Robert Kim

     The undersigned, a subordinating creditor in favor of BACC,
of the obligations of Borrower to the undersigned, hereby consents to
the above letter and agrees that same shall not affect its Debt
Subordination Agreement  dated as of as of March 14, 2001, which Debt
Subordination Agreement remains in full force and effect.


                                        Eiger Technologies, Inc.


                                        /s/Gerry Racicot
                                        Gerry Racicot
                                        President and Director