AMENDMENT TO SHORT TERM ADVANCES DEFERRAL OF PRINCIPALPAYMENTS

Exhibit 10.12

AMENDMENT TO SHORT TERM ADVANCES
DEFERRAL OF PRINCIPAL PAYMENTS

          This amendment to Short Term Advances (the “Amendment”) is made effective as of the 31^st day of March 2003, by and among Venturos AS, a Norwegian corporation (the “Lender”) and MediaBin, Inc., a Georgia corporation (the “Borrower”).

W I T N E S S E T H:

          WHEREAS, Lender is the holder of certain Short Term Advances from Borrower, as listed below (“Advances”):

          WHEREAS, Lender and Borrower wish to amend the Advances as hereinafter provided;

          NOW, THEREFORE, for and in consideration of the mutual agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender and Borrower hereby agree as follows:

          “The payments due upon each of the above Advances will be deferred until May 30, 2003.”

          Except as expressly provided herein, all terms and conditions of the Advances remain in full force and effect.  Nothing herein shall be construed to constitute a novation of the Advances, and the intention of the parties hereto is not to extinguish the Notes.

          This Amendment shall be construed in accordance with the laws of the State of Georgia.

          IN WITNESS WHEREOF, Borrower and Lender have caused this Amendment to be executed, as of the date first above written.