Icefloe Technologies Inc.
TSX VENTURE : ICY

Icefloe Technologies Inc.

June 02, 2006 12:38 ET

Philip Carter Elected as a Director of icefloe

MISSISSAUGA, ONTARIO--(CCNMatthews - June 2, 2006) - icefloe Technologies Inc. (TSX VENTURE:ICY) is pleased to announce that Philip Carter, icefloe's Executive Vice President and Chief Operating Officer, was elected as a director of icefloe at the corporation's annual general meeting held on June 1, 2006. Philip Carter joined icefloe as Executive Vice President on August 1, 2003 and his election reflects the increased level of responsibilities he has assumed with the company.

"Phil Carter has managed a number of complex projects for icefloe over the last three years," said Wayne Newson, icefloe's President and Chief Executive Officer. "Phil's election as a director recognizes his vital role in the development and execution of icefloe's business plan."

ABOUT ICEFLOE TECHNOLOGIES INC.

Founded in March 2001, icefloe (TSX Venture Exchange: ICY) is a Canadian- based company dedicated to the development and commercialization of its proprietary chilling technology which brings flash chilling capability in a portable form and enables the beverage industry to serve ice cold draft beer without excessive foam loss, anytime and anywhere. Since April 2001, icefloe has focused its efforts on securing patents for its platform technologies, while developing, field-testing, manufacturing and marketing commercial products using its unique technologies. Its wholly owned subsidiary, Draught Guys Inc., provides installation, sales and service for both traditional draft systems and icefloe's proprietary products in the Ontario market.

icefloe commenced trading on Tier 2 of the TSX Venture Exchange on April 14, 2004 under the symbol "ICY".

For more information about icefloe, please visit the company website at www.icefloe.com.

Certain information included in this press release is forward-looking and may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Icefloe's growth, the development of the beverage market, regulatory risks, intellectual property infringement and other factors. Unless otherwise required by applicable securities laws, Icefloe disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about potential factors that could affect icefloe's financial and business results is included in public documents icefloe files from time to time with Canadian securities regulatory authorities.

No Securities Commission or other regulatory authority having jurisdiction over Icefloe has approved or disapproved of the information contained herein.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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