CURRENT CAPITAL CORP.
                            Suite 200, 47 Avenue Rd.
                               Toronto, ON M5R 2G3
                  Tel. 416-860-0211 | Toll-Free: 1-877-859-5200
                   Fax: 416-361-6228 | www.currentcapital.com
                                                                October 18, 2004

Dermisonics,  Inc.,
Four  Tower  Bridge,
200  Bar-Harbor  Drive,
West  Conshohoken,  PA
19428-2977

Dear  Sirs:

                        RE:  INVESTOR RELATIONS CONTRACT

This  letter  confirms  the  terms  of  the  agreement  ("Agreement")  between
Dermisonics, Inc. (the "Corporation") and Current Capital Corp., ("CCC").

1.  RECITALS.  The  Corporation  has  agreed  to  engage  CCC  as an independent
contractor  and  consultant  to  provide  investor  relation  services  to  the
Corporation,  and  CCC  has agreed to provide these services to the Corporation,
subject  to  the  terms  and  conditions  described  in  this  letter.

2.  TERM.  The  initial term of the engagement is for a period of 12 months from
the  date  of  this  letter.  This  agreement  may  be renewed at the end of the
initial  term  for  an  additional 12 months, with the same terms and conditions
subject  to both parties' agreement.  This agreement may be canceled on 30 days'
written  notice  by  the  Corporation.

3.  SERVICES.  CCC  will  provide  to  the  Corporation  the following services:

RETAIL  COMMUNICATIONS
-    Corporate introduction to select Canadian and US investor networks
-    Investor presentations
-    Ongoing inbound/outbound correspondence and email communications

BROKER  COMMUNICATIONS
-    Corporate introduction to select Canadian and US broker networks
-    Ongoing inbound/outbound correspondence and email communications
-    Coordination of brokerage conferences and/or meetings


SHAREHOLDER  CONVERSION/IDENTIFICATION  PROGRAM
-    Outbound correspondence and email communications for lead generation
     programs
-    Introduction and ongoing communications support for existing shareholder
     base

INSTITUTIONAL  COMMUNICATIONS
-    Corporate introduction to Canadian and US institutions and fund managers
-    Inbound/outbound correspondence and email communications

ANALYST  COMMUNICATIONS
-    Corporate introduction to Canadian and US institutions and fund managers
-    Inbound/outbound correspondence and email communications


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-    Analyst field trips


In  addition,  CCC  will  provide the Corporation with a premium position on its
homepage  (standard sized "Client Information Board" banner on the corporate web
site  at  http://www.currentcapital.com  at  no  additional  cost).

CCC  will  also  distribute  to  the  subscribers  of  the  Current Capital News
newsletter,  all  corporate  announcements  and  earnings  announcements  of the
Corporation,  at  no  extra  cost.

4. COSTS. The Corporation will be responsible for all printing and distribution,
press  release  and/or  advertising costs recommended by CCC and approved by the
Corporation.  The  Corporation  will  also be responsible for all travel related
costs  incurred  by  CCC  when providing its' services as determined by CCC when
pre-approved  and  prepaid  by  the  Corporation.

5.  Compensation  for  Services.

a)  During  the term of this agreement the Corporation will pay CCC USD1,250 per
month,  plus  applicable  taxes, payable in advance.  Monthly payments hereunder
will  commence  on November 15, 2004 and continue to be made on the 15th of each
month  thereafter  during  the  term  of  this  agreement.

b)  The  Corporation will grant to CCC options to purchase 200,000 common shares
of  the  Corporation  at  a price of $2 per share, which options shall be deemed
vested  as  of  the  date  of  this agreement.  Such optioned shares shall enjoy
"piggyback"  registration  rights  and  shall  be  registered  in  the  first
registration  statement  filed  by  the Corporation with the U.S. Securities and
Exchange Commission. The options granted to CCC will enable CCC to purchase such
shares  at  anytime  commencing  from  the date of engagement for a period of 12
months  at  the  above  stated  price.  The  Corporation will make all necessary
registrations  and/or  compliances  with  the  U.S.  Securities  and  Exchange
Commission  ("SEC") in accordance with the options defined herein.   This Option
may  be  exercised  in  full  or  in part or not at all by CCC by payment to the
Corporation  at  its  principal  office,  accompanied by payment, in cash, or by
certified  or  official  bank cheque payable to the order of the company, in the
amount  obtained  by  multiplying  (i)  the  number  of  shares  of common stock
designated  by  the  holder  by  (ii)  the  Purchase  Price.

6.  CONFIDENTIALITY.  CCC,  and  any  of  its  employees,  agents,  consultants,
representatives and advisors, will keep secret and confidential, all information
disclosed  to  it  by  the  Corporation  or  developed  by  CCC in the course of
providing  and  performing  services,  except:

a)   Information which at the time of disclosure is in the public domain;

b)  Information  which, after disclosure, is published or otherwise becomes part
of  the public domain through no fault of CCC (but only after it is published or
otherwise  becomes  part  of  the  public  domain);

c)  Information  which  CCC  can  show was in its possession prior to disclosure
hereunder;

d)  Information  which  CCC  can  show  was  received  by  it, after the time of
disclosure  hereunder,  from  a  third  party  who did not require to hold it in
confidence  and  who  did  not,  to  their  knowledge,  acquire  it, directly or
indirectly,  from  CCC  or  a  third party under an obligation of confidence; or

e)  Information  which  CCC is legally compelled to disclose under a subpoena or
order  of a court, regulatory body or other authority of competent jurisdiction,
or  information  which  it  is  otherwise  obliged  to  disclose  by  law.


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7.  ADDITIONAL  OBLIGATIONS  OF  CCC.  CCC  agrees  that, in connection with its
investor  relation  services  to the Corporation, it will abide by the following
conditions:

a)  CCC  will  not release any financial or other material information about the
Corporation  without  prior  written  consent  and  approval of the Corporation.

b)  CCC  will not conduct any meetings with financial analysts without informing
the  Corporation  in  writing  in  advance  of  the  proposed  meeting.

c)  After  notice  to  CCC  by the Corporation of a filing for a proposed public
offering  of  securities, and during any period of restriction on publicity, CCC
shall  not  engage  in  any public relations efforts not in the normal course of
business  without  the  prior  written  approval  of  legal  counsel  for  the
Corporation.

d)  CCC  will  indemnify  the  Corporation  from all claims, liability, costs or
other  expenses  (including  reasonable  attorneys'  fees)  incurred  by  the
Corporation as a result of any inaccurate information concerning the Corporation
released by CCC, unless such information was provided to CCC by the Corporation,
or  as  a result of any breach by CCC of any of the terms and conditions of this
agreement.

e)  CCC  acknowledges  and  confirms  that  in  providing  the  services  to the
Corporation  hereunder,  it  will  at  all  times  act  in  accordance  with all
applicable  laws.

8.  ADDITIONAL  OBLIGATIONS  OF  THE  COMPANY.  The  Corporation agrees that, in
connection  with  this  agreement,  it  will  indemnify  CCC  from  all  claims,
liability,  costs  or  other  expenses incurred (including reasonable attorneys'
fees)  incurred  by  CCC  as  a  result of any false or intentionally misleading
information concerning the Corporation provided by the Corporation or any of its
officers or directors to CCC, or as a result of any breach by the Corporation of
any  of  the  terms  and  conditions of this agreement. If, in the Corporation's
judgment,  any material non-public information concerning the Corporation cannot
be revealed, it will advise CCC in writing that a quiet period is in effect.

9.  INDEPENDENT  CONTRACTOR.  CCC  is  an independent contractor responsible for
compensation  of  its  agents,  employees  and  representatives.

10.  ASSIGNMENT.  The rights and obligations of each party to this Agreement may
not  be  assigned  without  the  prior written consent of the other party, which
shall  not  be  unreasonably  withheld.

11.  ENTIRE  AGREEMENT.  This  letter  Agreement between the Corporation and CCC
contains  the  entire agreement between them. This Agreement may not be modified
or  extended  except  in  writing  and  signed  by  the  Corporation  and  CCC.

12.  GOVERNING  LAW.  This  Agreement  shall  be  governed  by  and construed in
accordance  with  the  laws  of  the  Province  of  Ontario,  Canada.

13.  ARBITRATION. ANY DISPUTE BASED UPON OR ARISING OUT OF THIS LETTER AGREEMENT
SHALL  BE  SUBJECT  TO  BINDING ARBITRATION TO BE HELD IN TORONTO, ONTARIO.  THE
ARBITRATOR'S  AWARD  SHALL  BE  FINAL  AND  BINDING,  AND  MAY BE ENTERED IN ANY
COMPETENT COURT. AS A PRACTICAL MATTER, BY AGREEING TO ARBITRATE ALL PARTIES ARE
WAIVING  JURY  TRIAL.


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14.  ATTORNEY'S  FEES.  The  prevailing  party  in any arbitration or litigation
arising out of or relating to this letter agreement shall be entitled to recover
all  attorney's  fees  and  all costs (whether or not such costs are recoverable
pursuant  to  the  laws  governing the Province of Ontario as may be incurred in
connection  with  either obtaining or collecting any judgment and/or arbitration
award, in addition to any other relief to which that party may be entitled.

15.  REGULATORY  AUTHORITY.  The  Corporation's obligations under this Agreement
are subject to the prior receipt of all necessary regulatory approvals.

Please  sign  this letter agreement in the space provided below to indicate your
agreement  with  the  terms  stated  in  this  letter.

Sincerely,

CURRENT CAPITAL CORP.

/s/ John Robinson
-----------------------------
John Robinson
Director

AGREED AND ACCEPTED

DERMISONICS, INC.

/s/ Bruce Haglund
-----------------------------
Bruce Haglund
PresidentChairman


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