Vemics Inc (VMCI)

Date: May 27, 2006 5:26 PM
Subject: Sterling Stock Report

Vemics Inc (VMCI.PK)

THIS COMPANY IS EXTREMELY UNDERVALUED.
HERE COME THE EXPLOSION. KEEP IT ON YOUR RADARS!

St. ock Forecast for May, 2006

Current Price 1.52
Short Term Price Target 3.13
Strogn Buy Recommendation

RECENT NEWS HAS BEEN RELEASED. THIS IS MUST READ!

RIVER EDGE, NJ--(MARKET WIRE)--May 15, 2006 -- 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."

About Vemics, Inc.

Vemics, Inc, through its wholly owned subsidiary Vemics, Inc.,
headquartered in River Edge, New Jersey, with offices in Boston and
Philadelphia, is a leading provider of hosted, real-time conferencing
and collaboration applications.

Vemics LiveAccess(TM) solutions combine multipoint video/voice and
data technologies with industry-specific content backed by consulting
expertise and deep customer support enabling organizations large and
small to collaborate and learn face-to-face, online from almost
anywhere with little or no capital investment. Vemics delivers
bottom-line benefits to companies and institutions that need to expand
collaborative reach beyond conference rooms and classrooms or need
best-in-class industry specific content delivered in real-time by
leading trainers, subject matter experts and coaches.