VMCI Report Issued July 27, 2010

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iMedicor (OTC: VMCI.OB) builds portal-based, virtual work and learning environments primarily in healthcare and related industries. The Company's solutions allow 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.

Its products and services include iMedicor, a collaborative online portal designed for and by medical professionals to facilitate practice productivity and secure exchange of education, information, and ideas in real-time; iMedicor Integration Driver, an integrated software that allows an iMedicor user to communicate and transmit records and images across EMR system; and iMedicor ClearLobby, a pharmaceutical company-marketing platform that allows physicians to communicate directly with their pharmaceutical company certified sales representatives electronically.

The Company also offers iMedicor LiveAccess, a collaboration platform that delivers video, wideband audio, and a suite of Web collaboration tools in a single browser window accessible from PCs or laptops enabling organizations and individuals to work and learn virtually; iMedicor NuScribe, a voice-recognition driven document creation and management system that enables physicians to create and manage patient medical records online using voice recognition technology; and iMedicor CME Education Solutions, a service that delivers an educational experience for physicians, administrators, nurses, and other healthcare workers.