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.
