Document:

Exhibit 10.1

                      STRATEGIC ALLIANCE AGREEMENT ADDENDUM

Comes now BOHLENDER-GRAEBENER CORPORATION (BG) and SLS INTERNATIONAL, INC. (SLS)
to modify and extend the Strategic Alliance between them.

WHEREAS:

o    BG and SLS have entered into a Strategic Alliance Agreement effective April
     5, 2004;
o    BG and SLS desire to provide for an additional BG product that is exclusive
     to SLS; and
o    BG and SLS desire to extend the period during which BG will not solicit any
     offer to purchase BG, and will not respond to any unsolicited offer without
     first discussing it with SLS;

         BG and SLS hereby amend and extend, as appropriate, the above mentioned
Agreement as detailed below.

TERMS OF THIS ADDENDUM

         This Strategic Alliance Agreement Addendum modifies the terms and
conditions of the original Agreement as set forth below. Any terms or conditions
not addressed in this Addendum remain as set forth in the original Agreement.

         In consideration for making this Strategic Alliance Agreement Addendum
the parties agree to the following:

o    SLS will pay to BG the sum of $100,000, with the first payment of $50,000
     made with the execution of this Addendum and the second payment of $50,000
     within the first 60 days following the execution of this Addendum; and

o    During the term of this Addendum, which term shall commence on the date of
     this Addendum and shall extend through the six-month anniversary of the
     date of this Addendum, BG will not directly or indirectly solicit any offer
     to purchase BG, and will not directly or indirectly respond to any
     unsolicited offer without first discussing it with SLS.

--------------------------------------------------------------------------------
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Agreed:

Bohlender Graebener Corporation             SLS International

By                                          By
  -----------------------------               ----------------------------------
         Ed Jaeger, President                      John Gott, President

Dated: 10/18/04                             Dated: 10/19/04
       --------------------                        --------------------

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              APPENDIX 4: ADDITIONAL PRODUCTS PROVIDED TO SLS BY BG

         BG will provide to SLS the following products on the terms and
conditions listed. "Exclusive" shall mean that SLS will be the only customer for
these products, "Non Exclusive" means that BG will sell to SLS and it's own
customers, but will not sell OEM versions to any customer except SLS:

o    BG's line array, tentatively called the Model LS6593, consisting of a
     coaxial array of 6 5.25" woofers and 9 BG Neo 3 PDR tweeters in an aluminum
     and wood enclosure, on an exclusive basis.

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                 APPENDIX 5 MINIMUM PURCHASE REQUIREMENTS BY SLS

         Concurrent with the signing of this addendum SLS has provided BG with a
Purchase Order for 250 units of the LS6593 (the "Initial Purchase Order"), with
additional purchase orders for 250 units in 90 days. The price per unit provided
to SLS in the additional purchase orders shall be the same price per unit
provided to SLS in the Initial Purchase Order. In consideration of the payment
of $100,000 from SLS to BG pursuant to this Addendum, SLS will be allowed a
discount against the products purchased pursuant to such purchase orders in an
amount equal to 100% of the purchase price of each unit until such time as the
aggregate discounts received equals $100,000.

         In the event that SLS's product needs change, BG and SLS agree to
negotiate a recalculation and/or redistribution of the discount allowed above,
including reassignment to other products on a substantially similar basis.EXHIBIT 10.1

                     AMENDED AND SUBSTITUTED PROMISSORY NOTE
                        OF LIFESTREAM TECHNOLOGIES, INC.
                        AND LIFESTREAM DIAGNOSTICS, INC.
                        --------------------------------

NEW YORK, NEW YORK
DATE: NOVEMBER 12, 2004                                            $2,869,740.00

         FOR VALUE RECEIVED, each of LIFESTREAM TECHNOLOGIES, INC., a Nevada
corporation ("LTI"), and LIFESTREAM DIAGNOSTICS, INC., a Nevada corporation
("LDI"; LTI and LDI sometimes hereinafter are referred to individually as a
"Borrower" and collectively as the "Borrowers"), jointly and severally promises
to pay ON OR BEFORE February 1, 2006, to the order of RAB SPECIAL SITUATIONS LP,
a Delaware limited partnership, or its successors or assigns (hereafter,
together with any other holder or holders hereof, called the "Lender") at such
office as the Lender may from time to time designate in writing to the
Borrowers, the principal amount of TWO MILLION EIGHT HUNDRED SIXTY NINE THOUSAND
SEVEN HUNDRED FORTY DOLLARS AND 00/100'S ($2,869,740.00) (the "Loan"), or so
much thereof as may be unpaid. The Borrowers acknowledge that as of the date set
forth above, the actual principal amount owed is $1,895,031.16 (which amount
includes OID of $224,708). If the Second Advance (as defined in the Loan
Agreement defined below) is funded, total OID under this Amended and Substituted
Promissory Note (this "Note") shall equal $449,415.

         The principal amount of the Loan is payable in (i) nine (9) level
payments of $100,000.00 each, commencing on May 1, 2005 and continuing on the
first day of each successive month until January 1, 2006. Any balance of
principal and interest remaining shall be due and payable as a lump sum payment
on February 1, 2006. The rate of interest charged the Borrowers shall in no
event be greater than that allowed by law. All payments received will be applied
first to interest and other charges, if any, due the Lender, and any remaining
amount shall be applied to unpaid principal.

         The Borrowers have entered into that certain Loan and Security
Agreement of even date herewith (as the same may be amended, restated,
supplemented or otherwise modified from time to time, the "Loan Agreement"),
pursuant to which, among other things, this Note has been made and delivered to
the Lender and under which the Lender has taken certain collateral as security
for the repayment of this Note, including, without limitation, certain invoices
and accounts receivable, furniture, fixtures, equipment, inventory (including
work in progress and raw material), and intellectual property consisting of U.S.
Patents, U.S. Copyrights and U.S. Trademarks. Any default by the Borrowers under
the Loan Agreement shall constitute a default under this Note.

         In the event the Borrowers default in the payment of any amount due
hereunder when due, or the Borrowers default under any of the terms or
provisions of the Loan Agreement or any of the other Loan Documents (as defined
in the Loan Agreement), then in any such event, the entire principal balance
then outstanding under this Note, plus accrued and unpaid interest and charges,
if any, shall become immediately due and payable, at the office of the Lender,
without notice to the Borrowers, and may be collected forthwith. The Lender's
failure or delay to exercise its rights under this paragraph shall not
constitute a waiver thereof. It is further agreed that said accelerated

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principal balance plus the accrued and unpaid charges, if any, or so much
thereof as may remain unpaid from time to time, shall earn interest at the rate
which otherwise would have been in effect absent the Lender's election to
accelerate, plus the additional default rate of two percent (2%) per annum, and
shall remain in effect until the accelerated balance and all accrued and unpaid
charges are paid in full. The Borrowers further agree to pay the Lender all
costs and expenses suffered or incurred in connection with the enforcement of
Lender's rights under this Note and the Loan Agreement, including reasonable
attorney fees actually incurred not to exceed fifteen percent (15%) of the
unpaid principal amount, interest and charges due. The Lender's acceptance of
partial or delinquent payments or the failure of the Lender to exercise any
right shall not waive any obligation of the Borrowers or right of the Lender or
modify the Loan Agreement or this Note, or waive any other similar default.

         Whenever any notice, demand or request is required, permitted or given
hereunder or under any other Loan Document, such notice, demand or request shall
be hand delivered or sent by (i) United States Mail, registered or certified,
postage prepaid, to the addresses set forth below, (ii) facsimile transmission
to the facsimile numbers set forth below or (iii) electronic transmission to the
email addresses set forth below:

              To the Borrowers:       LIFESTREAM TECHNOLOGIES, INC.
                                      510 Clearwater Loop, Suite 101
                                      Post Falls, Idaho 83854
                                      Attention:  Ms. Nikki Nessan, VP - Finance
                                      Facsimile:  208.457.9509
                                      Telephone:  208.457.9409
                                      Email:  NikkiN@lifestreamtech.com

              With a copy to:         SCHNEIDER WEINBERGER & BEILLY LLP
                                      2200 Corporate Blvd., NW, Suite 210
                                      Boca Raton, Florida   33432
                                      Attention:  Steven I. Weinberger, Esq.
                                      Facsimile:  561.362.9595
                                      Telephone:   561.362.9595
                                      Email:  steve@swblaw.net

              To the Lender:          RAB SPECIAL SITUATIONS LP
                                      c/o RAB Capital plc
                                      1 Adam Street
                                      London
                                      WC2N 6LE
                                      United Kingdom
                                      Attention:  Joseph Jayaraj
                                      Facsimile:  44 (0)20 7389 7050
                                      Telephone: 44 (0)20 7389 7000
                                      Email: jj@rabcap.com

                                       2
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              With a copy to:         KATTEN MUCHIN ZAVIS ROSENMAN
                                      525 West Monroe Street
                                      Chicago, Illinois   60661
                                      Attention:  Milton Buckingham, Esq.
                                      Facsimile:  312.577.4571
                                      Telephone:  312.902.5587
                                      Email:  milton.buckingham@kmzr.com

         Any notice, demand or request which shall be served upon either of the
parties in the manner aforesaid shall be deemed sufficiently given for all
purposes hereunder (1) at the time such notices, demands or requests are hand
delivered, (2) on the second day after the mailing of such notices, demands or
requests in accordance with the preceding portion of this paragraph, or (3) at
the time such notices, demands or requests are sent via facsimile or email
transmission, if received on or before 4:00 p.m. New York time on such day;
otherwise, the next business day.

         Each Borrower, including any endorsers or guarantors thereof, hereby
waives presentment, protest, notice of protest and all benefit of valuation,
appraisement and all exemption laws, not in force or hereafter enacted,
including stay of execution and condemnation. A discharge of a Borrower or any
guarantor, except for full payment, or any extension, forbearance, change of
rate of interest, or acceptance, release or substitution of the collateral or
any impairment or suspension of the Lender's rights against a Borrower or any
guarantor, or any transfer of a Borrower's interests to another, shall not
affect the liability of another Borrower, if any, or guarantor. Each Borrower
waives any right to require the Lender to proceed against another Borrower
before any other, or to pursue any other remedy.

         This Loan may be prepaid in full or in part, without prepayment
penalty, at any time.

         Each Borrower warrants and affirms that the execution of this Note
takes place at a time when the Borrowers are fully solvent under the definitions
of the United States Bankruptcy Act, and that the execution of this Note will
not render the Borrowers insolvent.

         Each Borrower agrees that in any dispute or litigation between the
parties regarding this Note, the Loan or any of the Loan Documents, such
Borrower irrevocably waives a jury trial, and stipulates that any federal or
state court in the city of New York, borough of Manhattan shall be the proper
court with venue and jurisdiction. Each Borrower expressly submits to the venue
and jurisdiction in any of the foregoing courts. This Note and the other Loan
Documents, notwithstanding anything to the contrary contained in the Existing
Loan Documents (as defined in the Loan Agreement), shall be governed and
interpreted under the laws of the State of New York without regard to the
conflict of laws principles for any other State.

         Each Borrower covenants, warrants and represents that the transaction
and the Loan evidenced hereby is duly authorized, and is not prohibited by any
law, rule, internal protocol, or agreement to which such Borrower is subject to
or a party of.

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         This Note is issued in substitution and replacement for that certain
Promissory Note dated May 1, 2003 made by LTI payable to the order of Capital
South Financial Services, Inc. in the face principal amount of $2,000,000, plus
the "Over-Advance" as defined therein (the "Prior Note"), and evidences a
portion of the indebtedness owing under the Prior Note. This Note shall not be
deemed to constitute a novation of the Prior Note or the indebtedness evidenced
thereby.

    [remainder of this page intentionally left blank; signature page follows]

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         IN WITNESS WHEREOF, each Borrower has caused this Note to be duly
executed by one of its duly authorized officers and has delivered this Note to
the Lender, the day of year first written above.

                                      BORROWERS:

                                      LIFESTREAM TECHNOLOGIES, INC.,
                                      a Nevada corporation

                                      By:
                                          --------------------------------
                                      Name:
                                           -------------------------------
                                      Title:
                                            ------------------------------
                                      FEIN 82-0487965

                                      LIFESTREAM DIAGNOSTICS, INC.,
                                      a Nevada corporation
                                      By:
                                          --------------------------------
                                      Name:
                                           -------------------------------
                                      Title:
                                            ------------------------------
                                      FEIN
                                           ----------------

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