com)

For more information about WEBNEURO Sport and associated services, please
contact Rcarlstedt@americanboardofsportpsychology . We will continue with
our restructure plan and anticipate that we will bring our monthly burn to
about $500,000 by mid-year.

assertive adaptations

americanboardofsportpsychology.
NexMed, Inc. The investors will also receive four-year warrants to purchase
3,738,876 shares of common stock at an exercise price of $1.

universals symmetry

The measures that Dr.brainresource."

Mark Westgate, NexMed's CFO, stated, "This cash infusion significantly
improves our cash reserves.

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Roland A.
Increasingly, coaches and athletes are realizing the importance of mental
training as the crucial variable for success. BRC established the first standardized international database on the
human brain (with 50 user groups in the USA, Europe, South Africa and
Australia)."
The WEBNEURO Sport can be accessed via a portal at the American Board of
Sport Psychology website (http://www.org or 917-680-3994; for
more information about the International Brain Database, please contact
Info@brainresource.

exploits universally

com) today launched WEBNEURO Sport,
an Internet-based cognitive and psychological tool aimed at a wide range of
athletes. Carlstedt referred to the advent of the BRC International Sport
Database as "a milestone in the annals of applied sport psychology that will
give coaches and practitioners unprecedented access to sophisticated
evidence-based procedures and approaches to the psychological assessment of
athletes and their mental training. NexMed currently has a host of medicines in
development , such as treatments for nail fungus, sexual disorders and more,
all based on its proprietary NexACT drug delivery technology.

intra mates

The warrants will
be redeemable by the Company at $0. NexMed has agreed to file a
resale registration statement on Form S-3 within thirty days after the
closing of the transaction for purposes of registering the resale of the
shares of common stock being acquired by these investors and the shares of
common stock underlying the warrants.

intra neuropsychological

Carlstedt's award-winning research and Theory of Critical Moments, a
mind-body model of sport performance that has linked peak performance or Zone
states to three primary higher order psychological and behavioral measures
that are assessed in WEBNEURO Sport.

PRESS RELEASE NexMed Receives Cash Infusion of $8.3 Million

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brainresource . Specifically, the profile
includes an assessment of cognition (sensory-motor, memory, attention ,
planning and decision making), personality, emotional intelligence and
personal history.
WEBNEURO Sport forms part of the growing suite of brain services offered
by BRC.1 per share if the closing sales price
of its common stock is above $5 for ten consecutive trading days as
reported on the Nasdaq National Market or other principal exchange.

This category is devoted to sites that discuss the neuropsychological basis for human mate selection and cognitive adaptations involved in the mate selection process.

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Crucially, it also includes the Carlstedt Subliminal Attention, Reactivity
and Coping Scale (CSARCS-A), a psychometric instrument that is based on Dr. Evian Gordon, Neuroscientist and CEO of the BRC.

Evolutionary psychology argues that universals of mate finding behavior evolved over millennia to help our ancestors solve this most basic human problem.

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This release was issued through eReleases(TM).

mates hypothesis

For the first time sport psychology practitioners, coaches and athletes
will be able access sophisticated neuropsychological tests from their computer
and learn more about key cognitive processes. The growing sport database within the broader BRC database will
allow sport psychology practitioners, coaches and athletes to obtain valuable
information on subtle brain processes and subliminal psychological and
behavioral tendencies that mediate sport performance and that are not readily
observable and rarely assessed.

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Illuminating Brain and Psychological Processes for Peak Performance in Athletes

ereleases.com." Berman added, "Our attention is now focused on finding licensing
partners for all of our products in development including Alprox-TD and
Femprox .

evolved abed

Dr. For more information,
visit http://www.

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Richard Berman, NexMed's CEO, stated , "We are very pleased with the
successful closing of this placement in a very difficult financing climate. We have made notable progress in streamlining
the operations and reducing our monthly overhead .

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org) and
the BRC Website (http://www. We remain aggressive in seeking growth opportunities that
would improve our shareholder value.

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blum intra

The securities sold in this private placement have not been registered
under the Securities Act of 1933 and may not be offered or sold in the
United States in the absence of an effective registration statement or
exemption from registration requirements . As such, we do not anticipate additional
financing needs for a considerable period of time.

Why do men universally report to prefer younger women? Why is it that face symmetry and good skin are considered attractive characteristics in all cultures? These are questions that Evolutionary Psychology raises in regards to mate selection.

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Carlstedt has isolated are intimately linked to
attention, physiological reactivity and cognitive processing of emotions and
will provide athletes and coaches immediate feedback regarding an athlete's
psychological tendencies, especially during critical moments. (NASDAQ: NEXM ), a developer
of innovative transdermal treatments based on its proprietary NexACT
drug delivery technology, announced today it has raised $8,319,000 in gross
proceeds from a private placement of its securities to institutional and
accredited investors, including Southpoint Capital Advisors LP and Loeb
Partners Corporation.

Statements under the Private Securities Litigation Reform Act: with the
exception of the historical information contained in this release, the
matters described herein contain forward-looking statements that involve
risk and uncertainties that may individually or mutually impact the matters
herein described, including but not limited to its ability to effectively
reduce expenses, enter into partnering agreements, pursue growth
opportunities, and/or other factors , some of which are outside the control
of the Company.

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WEBNEURO Sport provides insight
into an athlete's cognition, personality traits, emotional intelligence,
psychological resilience and coping skills for tailoring training regimes for
peak performance," says Dr.11 per share,
which is equal to a 25 % premium to the closing price. After the completion of the private placement, the
Company has 65,046,658 shares of common stock issued and outstanding.
This is a strong indication of the investors' confidence in the NexMed
story.

mate assertive

Roland A.

NexMed agreed to sell 9,347,191 shares of its common stock at $0.

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The Brain Resource Company in conjunction with the American Board of Sport
Psychology launch WEBNEURO Sport, a web-based Cognitive and Psychological
Assessment tool and international database for athletes

NEW YORK and SYDNEY, Australia, The Brain Resource
Company (BRC -- http://www.
The key partner in this project is Dr.
"Training of athletes has traditionally focused on the physical dimension.

The proceeds of the financing are expected to be used for general corporate
purposes and for the Company's product development programs based on its
NexACT technology."

About NexMed, Inc.

abed promiscuous

89 per
share.

evolved universally

Carlstedt, Sport and
Clinical Psychologist, Neuroscientist and the Chairman of the American Board
of Sport Psychology.

mates riadh

com.

NexMed, an innovative drug developer, offers large pharmaceutical companies
the opportunity to save considerably on R&D costs, develop new
patient-friendly transdermal products, and extend patent lifespans and
brand equity, through participation in early stage licensing and
development partnerships.

regards millennia

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