Document:

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                                  EXHIBIT 10.82

                               EXCHANGE AGREEMENT

          EXCHANGE AGREEMENT, dated as of October 23, 2006, among SEDONA
CORPORATION, a Pennsylvania corporation (THE "COMPANY"), and DAVID R. VEY,
(HEREINAFTER REFERRED TO AS "VEY").

     WHEREAS, an Independent Committee of the Board of Directors of Sedona met
and reviewed the terms of a proposed refinancing of certain of the Company's
obligations to Vey (the "Refinancing") and has deemed it to be in the best
interests of the Company; and

     WHEREAS, the Board of Directors has reviewed the findings of the
Independent Committee and has also deemed that the Refinancing is in the best
interests of the Company; and

     WHEREAS, in connection with and in furtherance of the Refinancing, the
existing obligations of the Company to Vey, evidenced by various convertible
promissory notes, will be exchanged for a single convertible promissory note in
the principal amount of $2,691,263.36 (the "New Vey Note");

     NOW THEREFORE, in consideration of the mutual agreements contained herein
and other good and valuable consideration, receipt of which is acknowledged, the
parties hereto agree as follows:

                                    ARTICLE I

                              EXCHANGE OF THE NOTES

          1.1. EXCHANGE OF NOTES. The Company and Vey hereby agree to exchange
the convertible notes listed on Exhibit A (the "Old Vey Notes") in the aggregate
principal amount of the Two Million Five Hundred Ninety Thousand ($2,590,000.00)
and 00/100 Dollars for the New Vey Note, substantially in the form attached
hereto as Exhibit B (the "Exchange"). The New Vey Note includes in the aggregate
principal amount all of the accrued interest in the Old Vey Notes in the amount
of One Hundred One Thousand Two Hundred Sixty Three and 36/100 Dollars ($
101,263.36).

          1.2. CLOSING OF EXCHANGE. Upon the signature of this Agreement, Vey
shall surrender the Old Vey Notes to the Company for cancellation, and the
Company shall issue the New Vey Note to Vey.

                                   ARTICLE II

                             CONDITIONS TO EXCHANGE

          2. CONDITIONS TO EXCHANGE. Vey's obligation to surrender the Old Vey
Notes and the Company's obligation to issue the New Vey Note are subject to the
fulfillment by the Company and Vey of the following conditions:
<PAGE>

          2.1 REPRESENTATIONS AND WARRANTIES. The representations and warranties
of the Company and Vey contained in Article 3 shall have been correct when made
and shall be correct at the time of the Exchange.

          2.2 COMPLIANCE WITH SECURITY LAWS. The New Vey Note shall have
complied with all applicable requirements of federal and state securities laws.

          2.3 NO ACTIONS PENDING. There shall be no suit, action, investigation,
inquiry or other proceeding by any governmental body or any other person or any
other legal or administrative proceeding pending or threatened which seeks to
enjoin or otherwise prevent the consummation of, or to recover any damages or
obtain relief as a result of the Exchange, any transaction contemplated by this
Agreement or is otherwise related to this Agreement.

                                   ARTICLE III

                         REPRESENTATIONS AND WARRANTIES

          3.1. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. The Company
represents and warrants as follows:

          3.1.1. ORGANIZATION. The Company (a) has been duly incorporated and is
validly existing under the laws of the State of Pennsylvania, and (b) has all
requisite corporate power and authority to carry on its business as now
conducted and as proposed to be conducted.

          3.1.2. AUTHORIZATION. The Company has the corporate power and
authority and the full legal right to make, deliver and perform its obligations
under this Agreement, to issue and exchange the notes and otherwise carry out
the transactions contemplated hereby and has taken all necessary corporate
action to authorize the transactions contemplated hereby. This Agreement has
been duly authorized, executed and delivered by the Company; and is the legal,
valid and binding obligation of the Company, enforceable against it in
accordance with its terms. All shares of common stock which may be issued upon
the conversion of the New Vey Note have been duly authorized and, upon
conversion of the New Vey Note, will be validly issued, fully paid and
nonassessable.

          3.1.3. GOVERNMENTAL CONSENTS, ETC. Except for filings with the
Securities and Exchange Commission in the ordinary course of business, no
consent, approval or authorization of, or declaration or filing with any
governmental authority is required in connection with the execution, and
delivery of this Agreement, the performance of this Agreement, or the issuance,
exchange and delivery of the New Vey Note or the Common Stock issuable upon
conversion of the New Vey Note.

          3.1.4. COMPLIANCE WITH SECURITIES LAWS. Neither the Company nor anyone
acting on its behalf has taken, or will take any action which would subject the
issuance and exchange of the New Vey Note or the Common Stock issuable upon
conversion of the New Vey Note to the registration and prospectus delivery
provisions of the Securities Act of 1933, as amended.
<PAGE>

          3.2. REPRESENTATIONS AND WARRANTIES OF VEY. Vey represents and
warrants as follows:

          3.2.1 AUTHORIZATION. Vey has the power and authority and the full
legal right to make, deliver and perform his obligations under this Agreement,
to surrender and exchange the notes and otherwise carry out the transactions
contemplated hereby and has taken all necessary action to authorize the
transactions contemplated hereby. This Agreement has been duly authorized,
executed and delivered by Vey; and is the legal, valid and binding obligation of
Vey, enforceable against him in accordance with its terms.

          3.2.2 OWNERSHIP OF OLD VEY NOTES. Vey owns all of the Old Vey Notes
set forth on Exhibit A free and clear of any liens and encumbrances. Without
limiting the foregoing, except for Vey's obligations under this Agreement, Vey
has sole power of disposition with respect to the Old Vey Notes, with no
restrictions on its rights of disposition pertaining thereto and no person or
entity other than Vey has any right to direct or approve the disposition of the
Old Vey Notes.

          3.2.3 INVESTMENT INTENT. Vey represents that he is acquiring the New
Vey Note for his own account for investment and not with a view to or for sale
in connection with any distribution thereof, except for such distributions and
dispositions which are effected in compliance with the Securities Act and all
applicable state securities and "blue sky" laws. Vey acknowledges that neither
of the New Vey Note nor the Common Stock issuable upon conversion of the New Vey
Note has been registered under the Securities Act and may be resold (which
resale is not now contemplated) only if registered pursuant to the provisions of
such Act or if an exemption from registration is available, except under
circumstances where neither such registration nor such exemption is required by
law.

                                   ARTICLE IV

                                  MISCELLANEOUS

          4.1 MISCELLANEOUS. This Agreement shall be binding upon and inure to
the benefit of and be enforceable by the respective successors and assigns of
the parties hereto, whether so expressed or not, and, in particular, shall inure
to the benefit of and be enforceable by any holder or holders of the New Vey
Note at that time. This Agreement, embodies the entire agreement and
understandings relating to the subject matter hereof. This Agreement and the New
Vey Note shall be construed and enforced in accordance with and governed by the
law of the State of Louisiana. The headings in this Agreement are for purposes
of reference only and shall not limit or otherwise affect the meaning hereof.
This Agreement may be executed in any number of counterparts, each of which
shall be an original, but all of which together shall constitute one instrument.
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     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their respective representatives thereunto duly authorized as
of the day and year first written above.

                                        SEDONA CORPORATION

                                        ----------------------------------------
                                        Name: Marco A. Emrich
                                        Title: President and CEO

                                        ----------------------------------------
                                        DAVID R. VEY
<PAGE>

                                    EXHIBIT A

                             NOTES TO BE SURRENDERED

<TABLE>
<S>  <C>
A.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $50,000.00 EFFECTIVE AS OF JANUARY 13, 2005.
B.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $50,000.00 EFFECTIVE AS OF DECEMBER 18, 2003.
C.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $50,000.00 EFFECTIVE AS OF MARCH 30, 2005.
D.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $75,000.00 EFFECTIVE AS OF MARCH 25, 2005.
E.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $75,000.00 EFFECTIVE AS OF JANUARY 31, 2005.
F.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $125,000.00 EFFECTIVE AS OF MARCH 16, 2005.
G.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $300,000.00 EFFECTIVE AS OF JULY 7TH, 2004.
H.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $500,000.00 EFFECTIVE AS OF JUNE 4TH, 2004.
I.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $50,000.00 EFFECTIVE AS OF NOVEMBER 6, 2003.
J.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $50,000.00 EFFECTIVE AS OF APRIL 22, 2005.
K.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $75,000.00 EFFECTIVE AS OF APRIL 14, 2005.
L.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $75,000.00 EFFECTIVE AS OF DECEMBER 3RD, 2003.
M.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $95,000.00 EFFECTIVE AS OF SEPTEMBER 22, 2005.
N.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $100,000.00 EFFECTIVE AS OF OCTOBER 8, 2004.
O.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $120,000.00 EFFECTIVE AS OF DECEMBER 22, 2005.
P.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $125,000.00 EFFECTIVE AS OF MARCH 23, 2005.
Q.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $125,000.00 EFFECTIVE AS OF JUNE 20, 2005.
R.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $195,000.00 EFFECTIVE AS OF SEPTEMBER 15TH, 2004.
S.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $200,000.00 EFFECTIVE AS OF NOVEMBER 18, 2004.
T.   CONVERTIBLE PROMISSORY NOTE IN THE PRINCIPAL AMOUNT OF $155,000.00 EFFECTIVE AS OF MAY 1, 2006.
</TABLE>
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                                    EXHIBIT B

                                  FORM OF NOTE<PAGE>

                                  EXHIBIT 10.83

                                 PROMISSORY NOTE

BORROWER: SEDONA CORPORATION
          1003 WEST NINTH AVENUE
          2ND FLOOR
          KING OF PRUSSIA, PENNSYLVANIA 19406

LENDER:   DAVID R. VEY
          11822 JUSTICE AVENUE, SUITE B-6
          BATON ROUGE, LOUISIANA 70816
<PAGE>

                                 PROMISSORY NOTE

Principal Amount:   $1,213,952.81
Interest Rate:      8%
Date of Note:       October 23, 2006

          PROMISE TO PAY. Sedona Corporation, a Pennsylvania corporation with
its principal place of business at 1003 West Ninth Avenue, 2nd Floor, King of
Prussia, Pennsylvania 19406 ("Borrower") promises to pay to the order of David
R. Vey, an individual with an office address of 11822 Justice Avenue, Suite B-6,
Baton Rouge, Louisiana 70816 ("Lender"), in lawful money of the United States of
America the principal sum of One Million Two Hundred Thirteen Thousand Nine
Hundred Fifty Two 81/100 Dollars (U.S. $1,213,952.81), together with simple
interest at the rate of 8% per annum assessed on the unpaid principal balance of
this Note as outstanding from time to time, commencing on October 23, 2006 (the
"Effective Date") and continuing until this Note is paid in full.

          PAYMENT. Upon the earlier of: (a) ten (10) business days after the
closing of the purchase of debt and/or equity securities of the Borrower
arranged by Stonegate Securities, Inc., or (b)sixty (60) days from the Effective
Date, the Borrower shall pay to the Lender, one half of the principal sum and
all accrued interest. The balance of principal, together with all accrued
interest shall be paid one (1) year from the Effective Date. Unless otherwise
agreed or required by applicable law, payments will be applied first to accrued
unpaid interest, then to principal, and any remaining amount to any unpaid
collection costs and late charges. The annual interest rate for this Note is
computed on a 365/360 basis; that is, by applying the ratio of the annual
interest rate over a year of 360 days, multiplied by the outstanding principal
balance, multiplied by the actual number of days the principal balance is
outstanding. Borrower will pay Lender at Lender's address shown above or at such
other place as Lender may designate in writing.

          PREPAYMENT. Borrower may prepay this Note in full at any time by
paying the then unpaid principal balance of this Note, plus accrued simple
interest and any unpaid late charges through date of prepayment. If Borrower
prepays this Note in full, or if Lender accelerates payment, Borrower
understands that, unless otherwise required by law, any prepaid fees or charges
will not be subject to rebate and will be earned by Lender at the time this Note
is signed. Early payments will not, unless agreed to by Lender in writing,
relieve Borrower of Borrower's obligation to continue to make payments under the
payment schedule. Rather, early payments will reduce the principal balance due.
Borrower agrees not to send Lender payments marked "paid in full", "without
recourse", or similar language. If Borrower sends such a payment, Lender may
accept it without losing any of Lender's rights under this Note, and Borrower
will remain obligated to pay any further amount owed to Lender. All written
communications concerning disputed amounts, including any check or other payment
instrument that indicates that the payment constitutes "payment in full" of the
amount owed or that is tendered with other conditions or limitations or as full
satisfaction of a disputed amount must be mailed or delivered to the Lender at
the address set forth above.

                                       2
<PAGE>

          LATE CHARGE. If Borrower fails to pay any payment under this Note in
full within 10 days of when due, Borrower agrees to pay Lender a late payment
fee in an amount equal to 5.000% of the unpaid amount of interest and principal
then due and owing under this Note. Late charges will not be assessed following
declaration of default and acceleration of the maturity of this Note.

          INTEREST AFTER DEFAULT. Upon default, including failure to pay upon
final maturity, the total sum due under this Note will bear interest from the
date of acceleration or maturity at the interest rate on this Note plus 3%, but
not to exceed 18%. The interest rate will not exceed the maximum rate permitted
by applicable law.

          SECURITY. The obligations of the Borrower pursuant to this Note are
secured by a lien and security interest in the collateral of the Borrower as
specifically set forth in a Security Agreement of even date herewith (the
"Security Agreement").

          DEFAULT. Each of the following shall constitute an event of default
("Event of Default") under this Note:

(1)  PAYMENT DEFAULT. Borrower fails to make any payment when due under this
     Note.

(2)  DEFAULT UNDER SECURITY AGREEMENTS. Should Borrower violate, or fail to
     comply fully with any of the terms and conditions of, or default under any
     security right, instrument, document, or agreement directly or indirectly
     securing repayment of this Note, including but not limited to the Security
     Agreement.

(3)  OTHER DEFAULTS IN FAVOR OF LENDER. Should Borrower default under any other
     loan, extension of credit, security right, instrument, document, or
     agreement, or obligation: in favor of Lender, including but not limited to
     the following: (i) that certain Revolving Promissory Note in the principal
     amount of $500,000.00 dated September 27, 2006 herewith from the Borrower
     to the Lender; or (ii) that certain Secured Convertible Note in the
     principal amount of $2,691,263.36 dated October 23, 2006 herewith from the
     Borrower to the Lender, or in favor of Oak Harbor Investment Properties,
     L.L.C., ("Oak Harbor"), including, but not limited to that certain
     Promissory Note in the principal amount of $1,040,402.22 of dated August
     17th, 2006 herewith from the Borrower to Oak Harbor.

(4)  READJUSTMENT OF OBLIGATIONS. Should proceedings for readjustment of
     indebtedness, reorganization, bankruptcy, composition or extension under
     any insolvency law be brought by or against Borrower.

(5)  ASSIGNMENT FOR BENEFIT OF CREDITORS. Should Borrower file proceedings for a
     respite or make a general assignment for the benefit of creditors.

(6)  RECEIVERSHIP. Should a receiver of all or any part of Borrower's property,
     be applied for or appointed.

                                       3
<PAGE>

(7)  DISSOLUTION PROCEEDINGS. Should proceedings for the dissolution or
     appointment of a liquidator of Borrower be commenced.

(8)  FALSE STATEMENTS. Should any warranty, representation or statement made or
     furnished to Lender by Borrower or on Borrower's behalf related documents
     be false or misleading in any material respect, either now or at the time
     made or furnished or becomes false or misleading at any time thereafter.

(9)  MATERIAL ADVERSE CHANGE. Should any material adverse change occur in the
     financial condition of Borrower or should any material discrepancy exist
     between the financial statements submitted by Borrower and the actual
     financial condition of Borrower.

          LENDER'S RIGHTS UPON DEFAULT. Should any one or more default events
occur or exist under this Note as provided above, Lender shall have the right,
at Lender's sole option, to declare formally this Note to be in default and to
accelerate the maturity and insist upon immediate payment in full of the unpaid
principal balance then outstanding under this Note, plus accrued interest,
together with reasonable attorneys' fees, costs, expenses and other fees and
charges as provided herein. Lender shall have the further right, again at
Lender's sole option, to declare formal default and to accelerate the maturity
and to insist upon immediate payment in full of each and every other loan,
extension of credit, debt, liability and/or obligation of every nature and kind
that Borrower may then owe to Lender or Oak Harbor, whether direct or indirect
or by way of assignment, and whether absolute or contingent, liquidated or
unliquidated, voluntary or involuntary, determined or undetermined, secured or
unsecured, whether Borrower is obligated alone or with others on a "solidary" or
"joint and several" basis, as a principal obligor or otherwise, all without
further notice or demand, unless Lender shall otherwise elect.

          ATTORNEYS' FEES; EXPENSES. If Lender refers this Note to an attorney
for collection, or files suit against Borrower to collect this Note, or if
Borrower files for bankruptcy or other relief from creditors, Borrower agrees to
pay Lender's reasonable attorneys' fees.

          GOVERNING LAW. This Note will be governed by, construed and enforced
in accordance with federal law and the laws of the State of Louisiana without
giving effect to any principles of choice of laws or conflicts of law that may
require another law, other than the internal laws of the State of Louisiana, to
apply. This Note has been accepted by Lender in the State of Louisiana.

          FINANCIAL STATEMENTS. Borrower agrees to provide Lender with such
financial statements and other related information at such frequencies and in
such detail as Lender may reasonably request.

          WAIVERS. Borrower hereby waives demand, presentment for payment,
protest, notice of protest and notice of nonpayment, and all pleas of division
and discussion. Borrower agrees that discharge or release of any party who is or
may be liable to Lender for the indebtedness represented hereby, or the release
of any collateral directly or indirectly securing repayment hereof, shall not
have the effect of releasing any other party or parties, who shall remain liable
to Lender, or of releasing any other collateral that is not expressly released
by Lender. Borrower additionally agrees that Lender's acceptance of payment
other than in

                                       4
<PAGE>

accordance with the terms of this Note, or Lender's subsequent agreement to
extend or modify such repayment terms, or Lender's failure or delay in
exercising any rights or remedies granted to Lender, shall likewise not have the
effect of releasing Borrower or any other party or parties from their respective
obligations to Lender, or of releasing any collateral that directly or
indirectly secures repayment hereof. In addition, any failure or delay on the
part of Lender to exercise any of the rights and remedies granted to Lender
shall not have the effect of waiving any of Lender's rights and remedies. Any
partial exercise of any rights and/or remedies granted to Lender shall
furthermore not be construed as a waiver of any other rights and remedies; it
being Borrower's intent and agreement that Lender's rights and remedies shall be
cumulative in nature. Borrower further agrees that, should any default event
occur or exist under this Note, any waiver or forbearance on the part of Lender
to pursue the rights and remedies available to Lender, shall be binding upon
Lender only to the extent that Lender's specifically agrees to any such waiver
or forbearance in writing. A waiver or forbearance on the part of Lender as to
one default event shall not be construed as a waiver or forbearance as to any
other default. Borrower and each guarantor of this Note further agree that any
late charges provided for under this Note will not be charges for deferral of
time for payment and will not and are not intended to compensate Lender's for a
grace or cure period, and no such deferral, grace or cure period has or will be
granted to Borrower in return for the imposition of any late charge. Borrower
recognizes that Borrower's failure to make timely payment of amounts due under
this Note will result in damages to Lender, including but not limited to
Lender's loss of the use of amounts due, and Borrower agrees that any late
charges imposed by Lender hereunder will represent reasonable compensation to
Lender for such damages. Failure to pay in full any installment or payment
timely when due under this Note, whether or not a late charge is assessed, will
remain and shall constitute an Event of Default hereunder.

          SUCCESSORS AND ASSIGNS LIABLE. Borrower's obligations and agreements
under this Note shall be binding upon Borrower's respective successors, heirs,
legatees, devisees, administrators, executors and assigns. The rights and
remedies granted to Lender under this Note shall inure to the benefit of
Lender's successors and assigns, as well as to any subsequent holder or holders
of this Note.

          CAPTION HEADINGS. Caption headings in this Note are for convenience
purposes only and are not to be used to interpret or define the provisions of
this Note.

          SEVERABILITY. If any provision of this Note is held to be invalid,
illegal or unenforceable by any court, that provision shall be deleted from this
Note and the balance of this Note shall be interpreted as if the deleted
provision never existed.

          SUCCESSOR INTERESTS. The terms of this Note shall be binding upon
Borrower, and upon Borrower's successors, heirs, legatees, devisees,
administrators, executors and assigns, and shall inure to the benefit of Lender
and its successors and assigns.

          APPLICABLE LENDING LAW. Borrower, by signing this Note, acknowledges
and agrees that the proceeds of this Note will be used for business and
commercial purposes.

                                       5
<PAGE>

          PRIOR TO SIGNING THIS NOTE, BORROWER READ AND UNDERSTOOD ALL THE
PROVISIONS OF THIS NOTE.

BORROWER:

SEDONA CORPORATION

BY:                          ITS
    -----------------------,     ---------------

STATE OF _____________________________________________   )
                                                         ) SS
COUNTY OF ____________________________________________   )

          I, the undersigned authority, a Notary Public in and for said county
in said state, hereby certify that ________________, the ____________ of SEDONA
CORPORATION, whose name is signed to the foregoing instrument, and who is known
to me, acknowledged before me on this day that, being informed of the contents
of said Agreement, he or she executed the same voluntarily on the day the same
bears date.

          GIVEN UNDER MY HAND AND OFFICIAL SEAL THIS _________________________
DAY OF ___________________________________, 2006.

__________________________________________________
NOTARY PUBLIC

MY COMMISSION EXPIRES __________________________

                                       6

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