SOURCE: Vemics, Inc

June 20, 2006 18:12 ET

Vemics Expands Into International Education and Training Markets

Alliance With e-Learning Desktop, Inc. Opens Distribution Channels Beginning Third Quarter 2006 in Russia and Pac Rim

RIVER EDGE, NJ -- (MARKET WIRE) -- June 20, 2006 -- Vemics, Inc. (PINKSHEETS: VMCI), a leading provider of hosted, real-time conferencing and collaboration applications, announced today that it has formed a strategic alliance with e-Learning Desktop, Inc. (ELD) to expand the distribution of US and Canadian English-based education to Russia and Pac Rim markets.

Beginning with a September 2006 launch, Vemics / ELD will provide live, online Diploma English through the State Academy of NW Russia. This program opens the door for the alliance to deliver English language based corporate training, continuing professional education, job skills development and other programs to US based Fortune 500 Companies with overseas operations, as well as leading Russian firms.

ELD aligns Vemics with its strong international network which includes the Russian Federation Ministry of Education, the Social Technology Department, the State Academy of NW Russia, the Russian Trade Exhibition and Russian railway companies among other relationships in the Pac Rim. Further, ELD and Vemics are in discussions to begin pilot programs with an international bank, bottling company, and pharmaceutical company currently conducting business in Russia.

The alliance programs will combine ELD's innovative shortcut to western education with the power of the Vemics LiveAccess™ platform enabling live, instructor-led classes to be delivered in real-time over the public Internet as well as corporate IP networks.

"Vemics adds the real-time distribution and support capabilities that we have been seeking for over three years," said ELD's CEO Jim Pennington. "We have evaluated numerous traditional videoconferencing and web conferencing solutions and the Vemics LiveAccess™ platform is hands down the best real-time collaboration interface for education and training. It's easy for novice-users, it works on the Internet and has flexible pricing. The ability to provide classes and training sessions with real-time two-way video, audio and data sharing will greatly enhance our educational capabilities and expand our market reach."

"The partnership positions Vemics / ELD as a premier provider of next generation virtual education programs in overseas markets," said Fred Zolla, CEO of Vemics. "Our successful platform tests with the University of Miami High School, leading Universities in Moscow and St. Petersburg and senior executives from top international companies currently doing business in Russia provide incredible growth potential for both ELD and Vemics."

About e-Learning Desktop

e-Learning Desktop Inc. (ELD) is an innovative technology company based in British Columbia, Canada that has developed a cutting-edge learning platform for students all over the world. e-Learning Desktop provides a safe, technology-based shortcut to a western education via a 'virtual classroom' on the internet. ELD has brought together a selection of high-achieving North American educational institutions and established a strong partner network throughout Asia.

ELD students earn Western-standard course credits for their supplementary or enriched studies and depending on the extent of their participation over multiple seasons, can win dual diploma status--from their domestic school system, and from ELD partner schools in North America.

About Vemics, Inc.

Vemics, Inc (PINKSHEETS: VMCI) 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™ 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.

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