Vemics Addresses Securities Industry’s Professional Development Needs

June 17, 2004

Taking steps to address increasingly complex training, recertification and licensing requirements of the securities industry, Vemics today announced an agreement with Cannon Financial Institute, the country’s leading trainer and advisor to the trust, private banking, and investment management industry. Vemics and Cannon Financial will work together to deliver wealth management courses through Vemics national network of Video HotSpots.

Vemics, a leading supplier of virtual learning and meeting solutions, recently announced a national network of Video HotSpots™ in key business centers. The agreement announced today makes Cannon Financial’s comprehensive catalog of continuing education and recertification courses easily accessible to securities professionals.

Cannon Financial’s Comprehensive Wealth Management™ programs are specifically designed for the community banks who serve affluent and high net worth clients. Bankers are able to learn more about wealth management issues faced by their clients enabling them to more effectively position their firm as the solutions provider. This fixed schedule of classes is available at 20 Vemics Video HotSpots locations across the U.S. For more information, and registration: Read the Full Story.

Vemics Video HotSpots are located at the facilities of HQ Global Workplaces, the nation’s leading provider of full service office and business centers and Lincoln Technical Services, a provider of continuing education programs, operating 28 state of the art technical facilities in 14 states. All Video HotSpot locations are fully equipped with easy to use, multimedia PCs connected to GlowPoint’s (NASDAQ: GLOW) IP-based network which is dedicated exclusively to video communications, providing convenient access to low-cost, reliable broadcast-quality public learning and meeting environments.

Vemics Video HotSpots reduce or eliminate the need for regional or national travel for sales training, product launches, professional development or face-to-face team meetings and make coaching, mentoring and access to best-in-class live content both affordable and available to more people within the organization.

“Vemics’ unique distance learning solution greatly improves our ability to deliver content to our securities industry clients and their brokers across the country,” said Bill Trigleth, Executive Vice President of Cannon Financial Institute. “Vemics has delivered a one-stop solution for any organization that has ongoing training and education requirements.”

“Few industry’s face the ongoing training and certification requirements as financial services business,” said Vemics CEO Fred Zolla. “Vemics Video HotSpots enable geographically dispersed organizations to bring content and continuing education programs to their employees rather than bringing the employees to the content. The cost savings for a financial services organization with such burdensome training requirements can be enormous.”

About Vemics, Inc.
Vemics provides businesses with real-time virtual learning and meeting solutions designed to enhance company performance by driving highly-effective knowledge and information transfer. Vemics’ solutions are especially suited to education and communication that requires a high degree of visual and collaborative capability or where best-in-class corporate or industry specific content delivered in real-time by leading teachers, trainers, subject matter experts and coaches are meaningful to program success. For information on what Vemics and its partners can do for your communication and training needs visit or call Maurizia Reeser at 212-858-7517.

Kevin Whalen
Topaz Partners