Vemics, Inc. builds portal-based, virtual work and learning environments in healthcare and related industries. The Company focuses on iMedicor, its Web-based portal, which allows physicians and other healthcare providers to exchange patient specific healthcare information via the Internet, and the CleatLobby technology, its Web-based portal adjunct, which provides for direct communications between pharmaceutical companies and physicians for the dissemination of information on new drugs. The Company’s solutions allow for physicians use the Internet to exchange and share patient medical information and to interact with pharmaceutical companies and review information on new drugs offered by these companies at a time of their choosing.