Welcome to the VEPSY-UPDATED project.     VEPSY is a European-Union funded research project for Telemedicine and Portable Virtual Environments for Clinical Psychology. Officially started on the 1st January 2001, VEPSY-updated will involve partners from an international network of academic institutions and industrial companies. The main goal of the project is to prove the technical and clinical viability of using portable and shared Virtual Reality systems in clinical psychology. The project will provide both innovative VR based tools for the treatment of patients, clinical trials to verify their viability and action plans for dissemination of its results. The selected disorders are: panic disorder, social phobia and agoraphobia; obesity, bulimia and binge-eating disorders; male impotence and premature ejaculation.