Document:

INTELLECTUAL PROPERTY SECURITY AGREEMENT

     This Intellectual Property Security Agreement is entered into as of October
10, 2005 by and between Lawrence Lacerte ("Lender") and CITADEL SECURITY
SOFTWARE, INC., a Delaware corporation ("Grantor").

                                    RECITALS
                                    --------

     A.     Lender has agreed to make certain advances of money and to extend
certain financial accommodation to Grantor (the "Loans") in the amounts and
manner set forth in that certain Loan and Security Agreement by and between
Lender and Grantor dated of even date herewith (as the same may be amended,
modified or supplemented from time to time, the "Loan Agreement"; capitalized
terms used herein are used as defined in the Loan Agreement).

     B.     Lender is willing to make the Loans to Grantor, but only upon the
condition, among others, that Grantor shall grant to Lender a security interest
in certain Copyrights, Trademarks and Patents to secure the obligations of
Grantor under the Loan Agreement.

     C.     Pursuant to the terms of the Loan Agreement, Grantor has granted to
Lender a security interest in all of Grantor's right, title and interest,
whether presently existing or hereafter acquired, in, to and under all of the
Collateral.

     NOW, THEREFORE, for good and valuable consideration, receipt of which is
hereby acknowledged, and intending to be legally bound, as collateral security
for the prompt and complete payment when due of its obligations under the Loan
Agreement and all other agreements now existing or hereafter arising between
Grantor and Lender, Grantor hereby represents, warrants, covenants and agrees as
follows:

                                    AGREEMENT
                                    ---------

     To secure its obligations under the Loan Agreement and under any other
agreement now existing or hereafter arising between Lender and Grantor, Grantor
grants and pledges to Lender a security interest in all of Grantor's right,
title and interest in, to and under its Intellectual Property Collateral
(including without limitation those Copyrights, Patents and Trademarks listed in
the exhibits hereto), and including without limitation all proceeds thereof
(such as, by way of example but not by way of limitation, license royalties and
proceeds of infringement suits), the right to sue for past, present and future
infringements, all rights corresponding thereto throughout the world and all
re-issues, divisions continuations, renewals, extensions and
continuations-in-part thereof.

     This security interest is granted in conjunction with the security interest
granted to Lender under the Loan Agreement. The rights and remedies of Lender
with respect to the security interest granted hereby are in addition to those
set forth in the Loan Agreement and the other Loan Documents, and those which
are now or hereafter available to Lender as a matter of law or equity. Each
right, power and remedy of Lender provided for herein or in the Loan Agreement
or any of the Loan Documents, or now or hereafter existing at law or in equity
shall be cumulative and concurrent and shall be in addition to every right,
power or remedy provided for herein and the exercise by Lender of any one or
more of the rights, powers or remedies provided for in this Intellectual
Property Security Agreement, the Loan Agreement or any of the other Loan
Documents, or now or hereafter existing at law or in equity, shall not preclude
the simultaneous or later exercise by any person, including Lender, of any or
all other rights, powers or remedies.

     Grantor represents and warrants that Exhibits A, B, and C attached hereto
set forth any and all intellectual property rights in connection to which
Grantor has registered or filed an application with either the United States
Patent and Trademark Office or the United States Copyright Office, as
applicable.

<PAGE>
     IN WITNESS WHEREOF, the parties have caused this Intellectual Property
Security Agreement to be duly executed by its officers thereunto duly authorized
as of the first date written above.

                                           GRANTOR:

Address of Grantor:                        CITADEL SECURITY SOFTWARE, INC.

5420 LBJ Freeway, Suite 1600               By: _________________________________
Dallas, Texas 75240
Attn: Richard Connelly                     Title: ______________________________

                                           LENDER:

Address of Lender:                         LAWRENCE LACERTE

Lawrence Lacerte                           _____________________________________
5950 Sherry Lane, Suite 900                Lawrence Lacerte
Dallas, Texas 75225
FAX: (214) 346-7081

<PAGE>
<TABLE>
<CAPTION>
                                    EXHIBIT A
                                    ---------

                                   Copyrights

                                             Registration  Registration
Description                                     Number        Date
-----------                                  ------------  ------------
<S>                                          <C>           <C>
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                    EXHIBIT B
                                    ---------

                                     Patents

                                             Registration/  Registration/
                                             Application     Application
Description                                     Number          Date
-----------                                  -------------  -------------
<S>                                          <C>            <C>
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                    EXHIBIT C
                                    ---------

                                   Trademarks

                                             Registration/  Registration/
                                             Application     Application
Description                                     Number          Date
-----------                                  -------------  -------------
<S>                                          <C>            <C>
</TABLE>NEITHER  THESE  WARRANTS  NOR  THE  COMMON STOCK ISSUABLE UPON EXERCISE OF THESE
WARRANTS  HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
"ACT"),  OR ANY APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE SOLD, PLEDGED OR
TRANSFERRED  IN  THE  ABSENCE  OF  AN  EFFECTIVE REGISTRATION STATEMENT FOR SUCH
SECURITIES  UNDER  THE  ACT  OR  UNLESS  AN  EXEMPTION FROM SUCH REGISTRATION IS
AVAILABLE.

2,616,806 WARRANTS                                               OCTOBER 5, 2005

                                DERMISONICS, INC.

                                    WARRANTS

     Dermisonics, Inc., a Nevada corporation ("DMSI"), certifies that, for value
received, Trilogy Capital Partners, Inc. ("TRILOGY"), or registered assigns (the
"HOLDER"),  is  the  owner  of  Two  Million  Six Hundred Sixteen Thousand Eight
Hundred  Six  (2,616,806)  Warrants  of  DMSI  (the  "WARRANTS").   Each Warrant
entitles  the  Holder  to purchase from DMSI at any time prior to the Expiration
Date  (as  defined  below)  one  share  of the common stock of DMSI (the "COMMON
STOCK")  for $0.72 per share (the "EXERCISE PRICE"), on the terms and conditions
hereinafter  provided.   The  Exercise  Price and the number of shares of Common
Stock  purchasable  upon  exercise  of each Warrant are subject to adjustment as
provided  in  this  Certificate.

1.   VESTING; EXPIRATION DATE; EXERCISE

     1.1  Vesting.  The  Warrants  shall  vest  and become exercisable as of the
          -------
date  of  this  Certificate.

     1.2  Expiration Date.  The Warrants shall expire on September 30, 2008 (the
          ---------------
"EXPIRATION  DATE").

     1.3  Manner  of Exercise.  The Warrants are exercisable by delivery to DMSI
          -------------------
of  the following (the "EXERCISE DOCUMENTS"): (a) this Certificate (b) a written
notice  of  election  to  exercise the Warrants; and (c) payment of the Exercise
Price  in  cash, by check or by "net" exercise as contemplated by Section 1.4 of
this  Certificate.  Within  three  business  days  following  receipt  of  the
foregoing,  DMSI  shall  execute and deliver to the Holder: (a) a certificate or
certificates  representing  the  aggregate  number  of  shares  of  Common Stock
purchased  by  the Holder, and (b) if less than all of the Warrants evidenced by
this Certificate are exercised, a new certificate evidencing the Warrants not so
exercised.

<PAGE>
     1.4  Net Exercise.  In lieu of the payment methods set forth in Section 1.3
          ------------
above  and  subject  to  Section  1.5  below,  commencing one year from the date
hereof,  the  Holder  may  elect  to exchange all or some of the Warrant for the
number of shares of Common Stock computed using the following formula:

          X = Y (A-B)
              -------
                  A

          Where X = the number of shares of Common Stock to be issued to Holder.

          Y  =  the  number  of  shares  of  Common  Stock purchasable under the
          Warrants  being  exchanged  (as  adjusted  to  the  date  of  such
          calculation).

          A  =  the  Market Price on the date of receipt by DMSI of the exercise
          documents.

          B = the Exercise Price of the Warrants being exchanged (as adjusted in
          accordance  with  the  terms  of  Section  2  hereof).

          The  "MARKET  PRICE" on any trading day shall be deemed to be the last
     reported  sale  price  of  the Common Stock on such day, or, in the case no
     such reported sales take place on such day, the last reported sale price on
     the  preceding  trading day on which there was a last reported sales price,
     as  officially  reported  by the principal securities exchange in which the
     shares  of  Common Stock are listed or admitted to trading or by the Nasdaq
     Stock  Market,  or if the Common Stock is not listed or admitted to trading
     on  any  national  securities exchange or the Nasdaq Stock Market, the last
     sale  price,  or  if there is no last sale price, the closing bid price, as
     furnished  by the National Association of Securities Dealers, Inc. (such as
     through  the  OTC Bulletin Board) or a similar organization or if Nasdaq is
     no  longer  reporting  such  information.  If  the  Market  Price cannot be
     determined  pursuant  to  the  sentence  above,  the  Market Price shall be
     determined  in  good faith (using customary valuation methods) by the Board
     of  Directors  of  DMSI  based  on  the  information  best available to it,
     including recent arms-length sales of Common Stock to unaffiliated persons.

     1.5  Warrant  Exercise  Limitation.  Notwithstanding any other provision of
          -----------------------------
this  Agreement,  if  as  of the date of exercise DMSI has a class of securities
registered  under Section 12 of the Securities Exchange Act of 1934, as amended,
Holder  may  not  exercise  Warrants  under  this  Section  1 to the extent that
immediately  following such exercise Holder would beneficially own 5% or more of
the outstanding Common Stock of DMSI.  For this purpose, a representation of the
Holder  that following such exercise it would not beneficially own 5% or more of
the  outstanding Common Stock of DMSI shall be conclusive and binding upon DMSI.

2.   ADJUSTMENTS OF EXERCISE PRICE AND NUMBER AND KIND OF CONVERSION SHARES

     2.1  In  the event that DMSI shall at any time hereafter (a) pay a dividend
in  Common  Stock  or securities convertible into Common Stock; (b) subdivide or
split  its  outstanding  Common  Stock; (c) combine its outstanding Common Stock
into  a  smaller  number  of  shares;  then  the  number  of shares to be issued
immediately after the occurrence of any such event shall be adjusted so that the
Holder thereafter may receive the number of shares of Common Stock it would have
owned  immediately  following  such  action  if  it  had  exercised the Warrants
immediately  prior  to  such  action  and  the

                                      - 2 -
<PAGE>
Exercise  Price  shall  be  adjusted  to reflect such proportionate increases or
decreases  in  the  number  of  shares.

     2.2  In  case  of  any  reclassification,  capital  reorganization,
consolidation,  merger, sale of all or substantially all of DMSI's assets or any
other  change  in  the  Common  Stock  of  DMSI,  other  than  as  a result of a
subdivision,  combination, or stock dividend provided for in Section 2.1 (any of
which,  a  "CHANGE  EVENT"),  then,  as a condition of such Change Event, lawful
provision  shall  be  made, and duly executed documents evidencing the same from
DMSI or its successor shall be delivered to the Holder, so that the Holder shall
have  the right at any time prior to the expiration of the Warrants to purchase,
at  a  total  price equal to that payable upon the exercise of the Warrants, the
kind  and amount of shares of stock and other securities and property receivable
in connection with such Change Event by a holder of the same number of shares of
Common  Stock as were purchasable by the Holder immediately prior to such Change
Event. In any such case appropriate provisions shall be made with respect to the
rights and interest of the Holder so that the provisions hereof shall thereafter
be  applicable  with  respect  to  any  shares  of stock or other securities and
property  deliverable upon exercise hereof, and appropriate adjustments shall be
made  to  the  Exercise Price per share payable hereunder, provided the Exercise
Price for all the Warrants shall remain the same. The provisions of this Section
2.2  shall  similarly  apply  to  successive  reclassifications,  capital
reorganizations,  mergers,  consolidations,  sales  or  other  transfers.

3.   RESERVATION  OF SHARES.  DMSI shall at all times reserve and keep available
out of its authorized but unissued shares of Common Stock, such number of shares
of  Common  Stock  as  shall  from time to time be issuable upon exercise of the
Warrants.  If at any time the number of authorized but unissued shares of Common
Stock shall not be sufficient to permit the exercise of the Warrants, DMSI shall
promptly  seek such corporate action as may necessary to increase its authorized
but  unissued  shares  of  Common  Stock  to  such  number of shares as shall be
sufficient  for  such  purpose.

4.   CERTIFICATE  AS  TO  ADJUSTMENTS.  In  each  case  of any adjustment in the
Exercise  Price,  or  number  or  type of shares issuable upon exercise of these
Warrants,  the  Chief Financial Officer of DMSI shall compute such adjustment in
accordance  with  the  terms of these Warrants and prepare a certificate setting
forth such adjustment and showing in detail the facts upon which such adjustment
is  based,  including  a  statement  of the adjusted Exercise Price.  DMSI shall
promptly  send  (by facsimile and by either first class mail, postage prepaid or
overnight delivery) a copy of each such certificate to the Holder.

5.   LOSS  OR  MUTILATION.  Upon  receipt of evidence reasonably satisfactory to
DMSI  of the ownership of and the loss, theft, destruction or mutilation of this
Certificate, and of indemnity reasonably satisfactory to it, and (in the case of
mutilation) upon surrender and cancellation of these Warrants, DMSI will execute
and deliver in lieu thereof a new Certificate of like tenor as the lost, stolen,
destroyed  or  mutilated  Certificate.

6.   REPRESENTATIONS  AND  WARRANTIES  OF  DMSI.  DMSI  hereby  represents  and
warrants  to  Holder  that:

     6.1  Due  Authorization.  All  corporate  action  on  the part of DMSI, its
          ------------------
officers,  directors  and  shareholders  necessary  for  (a)  the authorization,
execution and delivery of, and the performance of all obligations of DMSI under,
these  Warrants,  and  (b)  the  authorization,  issuance,  reservation  for

                                      - 3 -
<PAGE>
issuance and delivery of all of the Common Stock issuable upon exercise of these
Warrants,  has  been  duly taken.  These Warrants constitute a valid and binding
obligation  of  DMSI  enforceable in accordance with their terms, subject, as to
enforcement  of  remedies,  to  applicable  bankruptcy,  insolvency, moratorium,
reorganization  and  similar  laws  affecting creditors' rights generally and to
general  equitable  principles.

     6.2  Organization.  DMSI  is a corporation duly organized, validly existing
          ------------
and  in  good  standing  under  the  laws  of  the State referenced in the first
paragraph  of  this  Certificate  and  has all requisite corporate power to own,
lease  and  operate  its  property  and  to  carry  on its business as now being
conducted  and  as  currently  proposed  to  be  conducted.

     6.3  Valid  Issuance  of  Stock.  Any  shares  of  Common Stock issued upon
          --------------------------
exercise  of  these  Warrants  will  be  duly and validly issued, fully paid and
non-assessable.

     6.4  Governmental  Consents.  All  consents,  approvals,  orders,
          ----------------------
authorizations  or  registrations,  qualifications, declarations or filings with
any  federal  or  state  governmental  authority on the part of DMSI required in
connection  with  the  consummation of the transactions contemplated herein have
been  obtained.

7.   REPRESENTATIONS  AND  WARRANTIES OF TRILOGY.  Trilogy hereby represents and
warrants  to  DMSI  that:

     7.1  Trilogy  is acquiring the Warrants for its own account, for investment
purposes  only.

     7.2  Trilogy understands that an investment in the Warrants involves a high
degree  of risk, and Trilogy has the financial ability to bear the economic risk
of  this  investment  in  the  Warrants,  including  a  complete  loss  of  such
investment.  Trilogy  has adequate means for providing for its current financial
needs and has no need for liquidity with respect to this investment.

     7.3  Trilogy  has  such  knowledge and experience in financial and business
matters  that  it is capable of evaluating the merits and risks of an investment
in  the  Warrants  and  in  protecting  its own interest in connection with this
transaction.

     7.4  Trilogy  understands  that the Warrants have not been registered under
the Securities Act of 1933, as amended (the "SECURITIES ACT") or under any state
securities  laws.  Trilogy is familiar with the provisions of the Securities Act
and Rule 144 thereunder and understands that the restrictions on transfer on the
Warrants  may  result  in  Trilogy  being  required  to hold the Warrants for an
indefinite  period  of  time.

     7.5  Trilogy  agrees not to sell, transfer, assign, gift, create a security
interest  in,  or  otherwise  dispose  of,  with  or  without  consideration
(collectively,  "TRANSFER")  any of the Warrants except pursuant to an effective
registration  statement  under  the  Securities  Act  or  an  exemption  from
registration.  As  a further condition to any such Transfer, except in the event
that such Transfer is made pursuant to an effective registration statement under
the Securities Act, if in the reasonable opinion of counsel to DMSI any Transfer
of  the Warrants by the contemplated transferee thereof would not be exempt from
the  registration  and  prospectus  delivery requirements of the Securities Act,
DMSI  may require the contemplated transferee to furnish DMSI with an investment
letter

                                      - 4 -
<PAGE>
setting  forth such information and agreements as may be reasonably requested by
DMSI to ensure compliance by such transferee with the Securities Act.

8.   NOTICES  OF  RECORD  DATE

          In the event:

     8.1  DMSI  shall take a record of the holders of its Common Stock (or other
stock or securities at the time receivable upon the exercise of these Warrants),
for the purpose of entitling them to receive any dividend or other distribution,
or  any  right  to subscribe for or purchase any shares of stock of any class or
any other securities or to receive any other right; or

     8.2  of  any  consolidation  or  merger  of  DMSI  with  or  into  another
corporation,  any  capital  reorganization  of DMSI, any reclassification of the
capital  stock  of  DMSI,  or  any conveyance of all or substantially all of the
assets  of  DMSI  to another corporation in which holders of DMSI's stock are to
receive  stock,  securities  or  property  of  another  corporation;  or

     8.3  of  any  voluntary  dissolution, liquidation or winding-up of DMSI; or

     8.4  of  any  redemption  or  conversion  of  all outstanding Common Stock;

then,  and in each such case, DMSI will mail or cause to be mailed to the Holder
a notice specifying, as the case may be, (a) the date on which a record is to be
taken  for  the purpose of such dividend, distribution or right, or (b) the date
on  which  such  reorganization,  reclassification,  consolidation,  merger,
conveyance, dissolution, liquidation, winding-up, redemption or conversion is to
take  place,  and  the  time,  if any is to be fixed, as of which the holders of
record  of  Common  Stock  (or  such  stock  or  securities  as  at the time are
receivable  upon  the exercise of these Warrants), shall be entitled to exchange
their shares of Common Stock (or such other stock or securities), for securities
or  other  property  deliverable  upon  such  reorganization,  reclassification,
consolidation, merger, conveyance, dissolution, liquidation or winding-up.  DMSI
shall  use  all  reasonable  efforts to ensure such notice shall be delivered at
least  15  days  prior  to  the  date  therein  specified.

9.   REGISTRATION  RIGHTS.

     9.1  Definitions.  For  purposes  of  this  Section  9, the following terms
          -----------
shall  have  the  meanings  set  forth  below:

          9.1.1     A  "BLACKOUT  EVENT"  means  any  of  the following: (a) the
possession  by DMSI of material information that is not ripe for disclosure in a
registration statement or prospectus, as determined reasonably and in good faith
by  the  Chief  Executive  Officer  or  the  Board  of Directors of DMSI or that
disclosure  of  such information in the Registration Statement or the prospectus
constituting  a part thereof would be materially detrimental to the business and
affairs of DMSI; or (b) any material engagement or activity by DMSI which would,
in the reasonable and good faith determination of the Chief Executive Officer or
the  Board  of Directors of DMSI, be materially adversely affected by disclosure
in  a  registration  statement  or  prospectus  at  such  time.

          9.1.2     "EXCHANGE  ACT"  shall  mean  the Securities Exchange Act of
1934,  as  amended.

                                      - 5 -
<PAGE>
          9.1.3     "INCLUDED SHARES" shall mean any Registrable Shares included
in  a  Registration.

          9.1.4     "REGISTRABLE  SHARES"  shall mean the shares of Common Stock
(or  such stock or securities as at the time are receivable upon the exercise of
these  Warrants)  issuable  upon exercise of the Warrants and any other warrants
and or other securities issued to Trilogy in connection with performing investor
relations  services  for  DMSI,  and  shares or securities issued as a result of
stock  split,  stock  dividend  or  reclassification  of  such  shares.

          9.1.5     "REGISTRATION" shall mean a registration of securities under
the Securities Act pursuant to Section 9.2 or 9.3 of this Agreement.

          9.1.6     "REGISTRATION  PERIOD"  with  respect  to  any  Registration
Statement the period commencing the effective date of the Registration Statement
and ending upon withdrawal or termination of the Registration Statement.

          9.1.7     "REGISTRATION  STATEMENT"  shall  mean  the  registration
statement, as amended from time to time, filed with the SEC in connection with a
Registration.

          9.1.8     "SEC"  shall  mean  the  Securities and Exchange Commission.

     9.2  Demand  Registration.  No  later than  October  20,  2005,  DMSI shall
          --------------------
prepare  and  file  with  the  SEC  a  Registration Statement for the purpose of
registering  the  sale  of  the Registrable Shares under the Securities Act, and
shall  use  its  commercially  reasonable  efforts  to  cause  the  Registration
Statement  to  become  effective  within  60  days  of the date of filing.  Once
effective,  DMSI  shall  prepare  and  file  with  the  SEC  such amendments and
supplements  to  the  Registration  Statement  and the prospectus forming a part
thereof  as  may be necessary to keep the Registration Statement effective until
the  earliest  date  on  which (a) all the Included Shares have been disposed of
pursuant  to  the Registration Statement, or (b) all of the Included Shares then
held  by  Holder may be sold under the provisions of Rule 144 without limitation
as  to  volume,  whether  pursuant  to  Rule  144(k)  or  otherwise.

     9.3  Piggyback  Registration.  Unless  the  Registrable  Shares  are  then
          -----------------------
included in a Registration Statement or can be sold under the provisions of Rule
144  without  limitation  as  to  volume,  whether  pursuant  to  Rule 144(k) or
otherwise,  if  DMSI  shall  determine  to  register  any Common Stock under the
Securities  Act  for  sale  in connection with a public offering of Common Stock
(other  than  pursuant  to  an employee benefit plan or a merger, acquisition or
similar  transaction),  DMSI will give written notice thereof to Holder and will
include  in  such  Registration  Statement  any  of the Registrable Shares which
Holder  may  request  be  included ("INCLUDED SHARES") by a writing delivered to
DMSI within 15 days after the notice given by DMSI to Holder; provided, however,
that if the offering is to be firmly underwritten, and the representative of the
underwriters of the offering refuse in writing to include in the offering all of
the  shares  of  Common  Stock  requested  by  DMSI and others, the shares to be
included shall be allocated first to DMSI and any shareholder who initiated such
Registration  and then among the others based on the respective number of shares
of  Common  Stock  held  by such persons.  If DMSI decides not to, and does not,
file a Registration Statement with respect to such Registration, or after filing
determines  to  withdraw  the

                                      - 6 -
<PAGE>
same before the effective date thereof, DMSI will promptly so inform Holder, and
DMSI  will  not be obligated to complete the registration of the Included Shares
included  therein.

     9.4  Certain  Covenants.  In  connection  with  any  Registration:
          ------------------

          9.4.1     DMSI shall take all lawful action such that the Registration
Statement,  any amendment thereto and the prospectus forming a part thereof does
not  contain  an untrue statement of a material fact or omit to state a material
fact  required to be stated therein or necessary to make the statements therein,
in  light  of the circumstances under which they are made, not misleading.  Upon
becoming  aware  of  the  occurrence  of any event or the discovery of any facts
during  the  Registration Period that make any statement of a material fact made
in  the  Registration Statement or the related prospectus untrue in any material
respect  or  which  material  fact is omitted from the Registration Statement or
related  prospectus  that requires the making of any changes in the Registration
Statement or related prospectus so that it will not contain any untrue statement
of  a  material  fact  or  omit  to  state a material fact necessary to make the
statements therein, in light of the circumstances under which they are made, not
misleading (taking into account any prior amendments or supplements), DMSI shall
promptly  notify  Holder, and, subject to the provisions of Section 9.5, as soon
as reasonably practicable prepare (but, subject to Section 9.5, in no event more
than  five  business  days in the case of a supplement or seven business days in
the  case  of  a post-effective amendment) and file with the SEC a supplement or
post-effective amendment to the Registration Statement or the related prospectus
or  file  any  other  required  document  so  that, as thereafter delivered to a
purchaser  of  Shares  from  Holder, such prospectus will not contain any untrue
statement  of a material fact or omit to state a material fact necessary to make
the  statements  therein,  in  light  of the circumstances under which they were
made,  not  misleading.

          9.4.2     At  least  three  business days prior to the filing with the
SEC  of  the Registration Statement (or any amendment thereto) or the prospectus
forming  a  part  thereof  (or any supplement thereto), DMSI shall provide draft
copies  thereof  to  Holder and shall consider incorporating into such documents
such  comments  as  Holder  (and  its  counsel)  may  propose to be incorporated
therein.  Notwithstanding  the  foregoing, no prospectus supplement, the form of
which has previously been provided to Holder, need be delivered in draft form to
Holder.

          9.4.3     DMSI shall promptly notify Holder upon the occurrence of any
of  the  following  events  in  respect  of  the  Registration  Statement or the
prospectus forming a part thereof: (a) the receipt of any request for additional
information  from  the SEC or any other federal or state governmental authority,
the  response  to  which  would  require  any  amendments  or supplements to the
Registration Statement or related prospectus; (b) the issuance by the SEC or any
other  federal  or state governmental authority of any stop order suspending the
effectiveness of the Registration Statement or the initiation of any proceedings
for  that  purpose;  or  (c) the receipt of any notification with respect to the
suspension  of  the  qualification or exemption from qualification of any of the
Shares  for  sale  in  any  jurisdiction or the initiation or threatening of any
proceeding  for  such  purpose.

          9.4.4     DMSI  shall  furnish  to Holder with respect to the Included
Shares  registered under the Registration Statement (and to each underwriter, if
any,  of  such  Shares)  such  number  of  copies of prospectuses and such other
documents  as  Holder  may reasonably request, in order to facilitate the public
sale  or  other  disposition  of  all  or  any  of the Included Shares by Holder
pursuant  to  the  Registration  Statement.

                                      - 7 -
<PAGE>
          9.4.5     In connection with any registration pursuant to Section 9.2,
DMSI  shall file or cause to be filed such documents as are required to be filed
by  DMSI for normal Blue Sky clearance in states specified in writing by Holder;
provided,  however, that DMSI shall not be required to qualify to do business or
--------   -------
consent  to  service  of  process  in any jurisdiction in which it is not now so
qualified  or  has  not  so  consented.

          9.4.6     DMSI  shall  bear  and  pay  all expenses incurred by it and
Holder  (other  than  underwriting discounts, brokerage fees and commissions and
fees and expenses of more than one law firm) in connection with the registration
of  the  Shares  pursuant  to  the  Registration  Statement.

          9.4.7     As  a  condition  to  including  Registrable  Shares  in  a
Registration  Statement,  Holder must provide to DMSI such information regarding
itself,  the  Registrable  Shares  held  by  it  and  the  intended  method  of
distribution  of  such Shares as shall be required to effect the registration of
the  Registrable  Shares and, if the offering is being underwritten, Holder must
provide  such  powers  of  attorney,  indemnities  and other documents as may be
reasonably  requested  by  the  managing  underwriter.

          9.4.8     Following  the  effectiveness of the Registration Statement,
upon  receipt  from DMSI of a notice that the Registration Statement contains an
untrue  statement  of material fact or omits to state any material fact required
to  be stated therein or necessary to make the statements therein not misleading
in  light  of  the  circumstances  under  which  they  were  made,  Holder  will
immediately  discontinue  disposition  of  Included  Shares  pursuant  to  the
Registration  Statement  until  DMSI notifies Holder that it may resume sales of
Included Shares and, if necessary, provides to Holder copies of the supplemental
or  amended  prospectus.

     9.5  Blackout  Event.  DMSI shall not be obligated to file a post-effective
          ---------------
amendment  or  supplement  to  the  Registration  Statement  or  the  prospectus
constituting  a  part  thereof  during  the  continuance  of  a  Blackout Event;
provided,  however,  that no Blackout Event may be deemed to exist for more than
60  days.  Without  the express written consent of Holder, if required to permit
the continued sale of Shares by Holder, a post-effective amendment or supplement
to  Registration Statement or the prospectus constituting a part thereof must be
filed  no  later  than  the 61st day following commencement of a Blackout Event.

     9.6  Rule  144.  With  a view to making available to Holder the benefits of
          ---------
Rule  144,  DMSI  agrees,  until  such  time  as  Holder  can sell all remaining
Registrable  Shares  under  the  provisions  Rule  144(k),  to:

               9.6.1.1   comply  with the provisions of paragraph (c)(1) of Rule
144;  and

               9.6.1.2   file  with  the  SEC in a timely manner all reports and
other  documents  required  to  be filed by DMSI pursuant to Section 13 or 15(d)
under  the  Exchange  Act;  and,  if at any time it is not required to file such
reports  but in the past had been required to or did file such reports, it will,
upon  the  request  of a Purchaser, make available other information as required
by,  and  so  long  as necessary to permit sales of its Shares pursuant to, Rule
144.

     9.7  DMSI  Indemnification.  DMSI  agrees  to  indemnify  and hold harmless
          ---------------------
Holder,  and  its officers, directors and agents(including broker or underwriter
selling  Included  Shares  for  Holder),  and  each person, if any, who controls
Holder  within  the  meaning  of  Section  15  of  the  Securities  Act

                                      - 8 -
<PAGE>
or  Section  20 of the Exchange Act from and against any and all losses, claims,
damages and liabilities caused by (a) any violation or alleged violation by DMSI
of  the  Securities  Act, Exchange Act, any state securities laws or any rule or
regulation  promulgated  under  the  Securities  Act,  Exchange Act or any state
securities  laws,  (b)  any  untrue  statement  or alleged untrue statement of a
material  fact contained in any registration statement or prospectus relating to
the Included Shares (as amended or supplemented if DMSI shall have furnished any
amendments  or supplements thereto) or any preliminary prospectus, or (c) caused
by any omission or alleged omission to state therein a material fact required to
be  stated therein or necessary to make the statements therein not misleading in
light  of  the  circumstances under which they were made, except insofar as such
losses,  claims,  damages or liabilities are caused by any such untrue statement
or  omission  or  alleged  untrue  statement  or omission based upon information
furnished  in  writing to DMSI by Holder or on Holder's behalf expressly for use
therein.

     9.8  Holder  Indemnification.  Holder agrees to indemnify and hold harmless
          -----------------------
DMSI,  its  officers, directors and agents and each person, if any, who controls
DMSI within the meaning of either Section 15 of the Securities Act or Section 20
of  the  Exchange Act to the same extent as the foregoing indemnity from DMSI to
Holder,  but  only with respect to information furnished in writing by Holder or
on Holder's behalf expressly for use in any registration statement or prospectus
relating  to  the Registrable Shares, or any amendment or supplement thereto, or
any  preliminary  prospectus.

     9.9  Indemnification  Procedures.  In  case  any  proceeding (including any
          ---------------------------
governmental  investigation) shall be instituted involving any person in respect
of  which  indemnity  may  be sought pursuant to this Section 9, such person (an
"INDEMNIFIED  PARTY")  shall  promptly  notify  the  person  against  whom  such
indemnity  may  be  sought  (the  "INDEMNIFYING  PARTY")  in  writing  and  the
Indemnifying Party shall assume the defense thereof, including the employment of
counsel  reasonably satisfactory to such Indemnified Party, and shall assume the
payment  of  all fees and expenses; provided that the failure of any Indemnified
Party  so  to  notify  the Indemnifying Party shall not relieve the Indemnifying
Party  of its obligations hereunder except to the extent (and only to the extent
that)  that  the  Indemnifying Party is materially prejudiced by such failure to
notify.  In  any  such proceeding, any Indemnified Party shall have the right to
retain  its  own  counsel, but the fees and expenses of such counsel shall be at
the  expense of such Indemnified Party unless (a) the Indemnifying Party and the
Indemnified Party shall have mutually agreed to the retention of such counsel or
(b)  in the reasonable judgment of such Indemnified Party representation of both
parties  by  the  same counsel would be inappropriate due to actual or potential
differing  interests  between them. It is understood that the Indemnifying Party
shall  not, in connection with any proceeding or related proceedings in the same
jurisdiction,  be  liable  for the reasonable fees and expenses of more than one
separate  firm  of  attorneys (in addition to any local counsel) at any time for
all  such  Indemnified  Parties  (including  in  the  case of Holder, all of its
officers, directors and controlling persons) and that all such fees and expenses
shall  be reimbursed as they are incurred. In the case of any such separate firm
for  the  Indemnified Parties, the Indemnified Parties shall designate such firm
in writing to the Indemnifying Party. The Indemnifying Party shall not be liable
for any settlement of any proceeding effected without its written consent (which
consent shall not be unreasonably withheld or delayed), but if settled with such
consent,  or  if  there  be a final judgment for the plaintiff, the Indemnifying
Party  shall  indemnify  and  hold  harmless  such  Indemnified Parties from and
against  any  loss  or  liability (to the extent stated above) by reason of such
settlement  or  judgment. No Indemnifying Party shall, without the prior written
consent  of  the  Indemnified  Party,  effect  any  settlement of any pending or
threatened proceeding in respect of which any Indemnified Party is or could have
been  a

                                      - 9 -
<PAGE>
party  and indemnity could have been sought hereunder by such Indemnified Party,
unless  such  settlement  includes  an unconditional release of such Indemnified
Party  from  all  liability  arising  out  of  such  proceeding.

     9.10 Contribution.  To  the  extent  any indemnification by an Indemnifying
          ------------
Party is prohibited or limited by law, the Indemnifying Party agrees to make the
maximum  contribution with respect to any amounts for which, he, she or it would
otherwise be liable under this Section 9 to the fullest extent permitted by law;
provided,  however,  that  (a) no contribution shall be made under circumstances
where  a party would not have been liable for indemnification under this Section
9  and  (b)  no  seller  of  Registrable  Securities  guilty  of  fraudulent
misrepresentation  (within  the  meaning  used  in  the Securities Act) shall be
entitled  to  contribution  from any party who was not guilty of such fraudulent
misrepresentation.

10.  NONTRANSFERABILITY.  Trilogy  may  not sell or transfer any Warrants to any
person other than a director, officer, employee, manager or affiliate of Trilogy
(or  a person controlled by one or more directors, officers, employees, managers
or  affiliates  of  Trilogy)  or  to  a person or entity that assists Trilogy in
providing  services to DMSI pursuant to the Letter of Engagement dated September
30,  2005  as  the same may be amended from time to time, without the consent of
DMSI.

11.  SEVERABILITY.  If  any  term,  provision,  covenant or restriction of these
Warrants  is  held  by  a court of competent jurisdiction to be invalid, void or
unenforceable,  the  remainder  of  the  terms,  provisions,  covenants  and
restrictions  of  these Warrants shall remain in full force and effect and shall
in  no  way  be  affected,  impaired  or  invalidated.

12.  NOTICES.  All notices, requests, consents and other communications required
hereunder  shall  be  in  writing  and  shall be effective when delivered or, if
delivered  by  registered  or  certified  mail,  postage prepaid, return receipt
requested,  shall  be  effective  on  the  third day following deposit in United
States mail: to the Holder, at Trilogy Capital Partners, Inc., 11726 San Vicente
Boulevard,  Suite  235,  Los  Angeles,  CA  90049;  and if addressed to DMSI, at
Dermisonics,  Inc., Four Tower Bridge, 200 Barr Harbor Drive, West Conshohocken,
PA 19428-2977, or such other address as Holder or DMSI may designate in writing.

13.  NO RIGHTS AS SHAREHOLDER.  The Holder shall have no rights as a shareholder
of  DMSI with respect to the shares issuable upon exercise of the Warrants until
the  receipt  by  DMSI  of  all  of  the  Exercise  Documents.

                                   Dermisonics, Inc.

                                   By:
                                      ------------------------------------------
                                        Bruce H. Haglund, Chairman

                                     - 10 -
<PAGE>
                                   EXHIBIT "A"
                               NOTICE OF EXERCISE
                (To be signed only upon exercise of the Warrants)

To:  Dermisonics, Inc.

     The  undersigned  hereby  elects  to  purchase  shares of Common Stock (the
"WARRANT  SHARES")  of  Dermisonics, Inc. ("DMSI"), pursuant to the terms of the
enclosed  warrant  certificate  (the  "CERTIFICATE").  The  undersigned  tenders
herewith payment of the exercise price pursuant to the terms of the Certificate.

     The undersigned hereby represents and warrants to, and agrees with, DMSI as
follows:

     1.   Holder  is  acquiring  the  Warrant  Shares  for  its own account, for
investment purposes only and not with a view to distribution in violation of the
Securities  Act  of  1933,  as  amended  (the  "SECURITIES  ACT").

     2.   Holder understands that an investment in the Warrant Shares involves a
high  degree  of risk, and Holder has the financial ability to bear the economic
risk of this investment in the Warrant Shares, including a complete loss of such
investment.  Holder  has  adequate means for providing for its current financial
needs and has no need for liquidity with respect to this investment.

     3.   Holder  has  such  knowledge  and experience in financial and business
matters  that  it is capable of evaluating the merits and risks of an investment
in the Warrant Shares and in protecting its own interest in connection with this
transaction.

     4.   Holder  understands  that the issuance of the Warrant Shares to Holder
has  not  been registered under the Securities Act or under any state securities
laws.  Holder is familiar with the provisions of the Securities Act and Rule 144
thereunder  and  understands  that  the  restrictions on transfer on the Warrant
Shares  may  result  in  Holder being required to hold the Warrant Shares for an
indefinite  period of time unless the transfer by Holder is registered under the
Securities  Act.

     5.   Holder  agrees  not to sell, transfer, assign, gift, create a security
interest  in,  or  otherwise  dispose  of,  with  or  without  consideration
(collectively,  "TRANSFER")  any  of  the  Warrant  Shares except pursuant to an
effective  registration  statement under the Securities Act or an exemption from
registration.  As  a further condition to any such Transfer, except in the event
that such Transfer is made pursuant to an effective registration statement under
the Securities Act, if in the reasonable opinion of counsel to DMSI any Transfer
of the Warrant Shares by the contemplated transferee thereof would not be exempt
from  the  registration  and  prospectus delivery requirements of the Securities
Act,  DMSI  may  require  the  contemplated  transferee  to furnish DMSI with an
investment  letter  setting  forth  such  information  and  agreements as may be
reasonably  requested  by  DMSI to ensure compliance by such transferee with the
Securities  Act.

<PAGE>
     Each  certificate  evidencing  the  Warrant  Shares will bear the following
legend:

"THE  SECURITIES  REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE  SECURITIES  ACT OF 1933 (THE "ACT") OR ANY APPLICABLE STATE SECURITIES LAWS
AND  MAY  NOT  BE  EXERCISED,  SOLD, PLEDGED OR TRANSFERRED IN THE ABSENCE OF AN
EFFECTIVE  REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER THE ACT OR UNLESS AN
EXEMPTION  FROM  SUCH  REGISTRATION  IS  AVAILABLE.

     6.   Immediately  following this exercise of Warrants, if as of the date of
exercise  DMSI  has  a  class  of  securities registered under Section 12 of the
Securities  Exchange  Act  of  1934,  as  amended,  the  undersigned  will  not
beneficially  own five percent (5%) or more of the then outstanding Common Stock
of  DMSI (based on the number of shares outstanding set forth in the most recent
periodic  report  filed  by DMSI with the Securities and Exchange Commission and
any  additional shares which have been issued since that date of which Holder is
aware  have  been  issued).

Number  of  Warrants  Exercised:
                                  --------------

Net  Exercise        Yes        No
               ----       ----

Dated:
        --------------------

                                        ----------------------------------------

                                      - 2 -

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