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Vemics, Inc.
Other OTC: VMCI
Price $1.50
Status S%tro&ng Buy

Vemics' Hosted Services Continue to Gain Ground in Financial Services
Sector

Vemics, Inc., a leading provider of hosted, real-time conferencing and
collaboration applications,
today announced that it has been selected by Summit Financial Resources,
Inc., a privately owned
financial planning firm, to provide hosted services that will connect their
internal and external
audiences -- via Vemics LiveAccess(TM) multipoint video/voice and data
technologies.

"Our practice is diverse and wholly focused on comprehensive financial
planning services for high
net-worth individuals and families. With Vemics we can take advantage of
technology without having
to become experts or invest in equipment and software that is constantly
changing," said Steven Weinman,
Chairman of the Board and Chief Investment Officer. "LiveAccess gives us
immediate capability in cutting
edge, virtual communication -- so that our internal and external contact,
from client meetings and sales
presentations to document collaboration, becomes instantly more cost
effective and timely."

Vemics' LiveAccess service makes working and communicating face-to-face in
real time easy and cost
effective for anyone with a computer and broadband access. The system
supports up to 90 endpoints
per session with up to eight, simultaneous, interchangeable video windows
and a full suite of collaboration
tools all in one simple browser interface.

"We're proud to add Summit Financial Resources, a leading financial
services firm, to our portfolio,"
said Vemics president and CEO, Fred Zolla. "We're pleased to assist them
overall, but especially
gratified to help them address certified financial planning services for
families with special
needs -- reinforcing our commitment not only to Financial Services but to
the disabilities market as well."



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