X0202 4 2006-09-14 0 0000749660 ICAD INC icad 0000902740 HOWARD ROBERT 988 5TH AVENUE NEW YORK NY 10021 1 0 1 0 7.25% Convertible Note 1.7 2006-09-14 4 A 0 1350000 1350000 A 2006-09-14 2008-09-14 Common Stock 794118 1350000 D The number of shares reflected as issuable upon conversion of the note represents shares that may be acquired assuming the entire current principal amount of the note is converted and does not reflect any shares that may be acquired by the holder of the note upon convesion of the note in lieu of the payment of any accrued and unpaid interest on the note. /s/ Annette Heroux, Attorney-in-Fact 2006-09-15