SOURCE: Ikona Gear International, Inc.

July 28, 2005 08:30 ET

Ikona Gear International Appoints Joseph Vosburgh to Board of Directors

Company Broadens Marketing Strategy and Commercialization Expertise at Board Level

COQUITLAM, BC -- (MARKET WIRE) -- July 28, 2005 -- Ikona Gear International, Inc. (OTC BB: IKGI), a leader in innovative gearing systems technology, today announced the appointment of Joe Vosburgh to its board of directors. Vosburgh is currently Senior Product Manager, Strategic Marketing for British Columbia-based Ballard Power Systems, a global leader in fuel cell development and manufacturing.

"Joe's extensive marketing and product commercialization background greatly enhances the exemplary range of knowledge and experience retained by our current board of directors. We are pleased to have Joe join our board," said Laith I. Nosh, President and CEO for Ikona. "Joe's expertise and track record in designing, developing and commercializing profitable technology-driven products on a global scale will prove to be an invaluable asset to our company. We look forward to having him work closely with our product development and marketing teams as we continue to roll out award-winning gearing technology products."

"I am enthusiastic to be joining Ikona's board of directors at this particular juncture in its business strategy," said Vosburgh. "Ikona is at an inflection point in its business -- rapidly bringing its technology into commercialization across multiple industry sectors, and I look forward to working closely with the Ikona team to drive commercialization and business growth of its award-winning technology."

About Joseph Vosburgh

Mr. Vosburgh joins Ikona's board after more than a dozen years in product strategy, product marketing and development, global product portfolio planning, and risk analysis. Presently, Mr. Vosburgh is senior product manager, strategic marketing, for Ballard Power Systems, a global leader in fuel cell development and manufacture. In this role, Joe has redefined Ballard's international product strategy for light-duty fuel cell products, developed global portfolio strategies, and spearheaded corporate-wide business realignment and product cost reduction projects. To date, his initiatives have redefined the product offering, while simultaneously delivering product cash burn reductions of more than $5 million.

Previously, Joe held senior level product management, marketing, business development and professional services positions with Creo, Chancery Software, Norsat International, Infowave Software, and Warner-Lambert Canada. He holds a Master's of Business Administration (MBA) in marketing and accounting from Queen's University, and a Bachelor's Degree in Engineering from the University of Victoria. Joe has also received certification in managing new product development from Kellogg Graduate School of Management, and lectures on Strategic Marketing and Business Strategy at the University of Phoenix.

About Ikona Gear International

Ikona Gear designs, manufactures and markets innovative gearing-enabled applications and gear increasing and reduction systems. Ikona's patented intellectual property involves a unique gear tooth form that provides very high gear reduction and very high gear tooth contact. The company's patented technology affords significant advantages over traditional planetary gearing systems including: very high torque, reduced size and weight, zero backlash, accurate back-and-forth actuation, low wear, superior efficiency and low noise. Ikona trades on the Over the Counter market under the symbol "IKGI" and on the Frankfurt Exchange under the symbol "IG2." For more information on Ikona, please visit us at http://www.ikonagear.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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