SOURCE: Ikona Gear International

November 15, 2005 09:00 ET

Ikona Gear International Names New Vice President of Business Development

Company to Aggressively Expand Strategic Partnerships Into New Sectors

COQUITLAM, BC -- (MARKET WIRE) -- November 15, 2005 -- Ikona Gear International, Inc. (OTC BB: IKGI), a leader in innovative gearing systems technology, today announced that it has appointed Vladimir Scekic, P.Eng., to the newly created position of Vice President, Business Development, effective January 1, 2006. In this capacity, Mr. Scekic will report directly to Ikona CEO and President Laith I. Nosh.

"Identifying and securing strategic partnerships is a vital component of our new strategy," commented Nosh. "Vladimir's industry experience, technical depth and business development expertise played an integral role in our landing a recent multi-million dollar contract with a tier one U.S. defense contractor. His background and success-to-date make him a perfect choice for spearheading our foray into multiple business sectors, especially alternative energy and telecommunications along with the automotive industry."

In this roll Scekic will be driving worldwide revenue, increasing market awareness and securing collaborative partnerships. Scekic will also be responsible for functional areas including sales, marketing, customer support, business development and corporate development.

"This is an opportune time to be joining Ikona," said Scekic. "My vision is to not only further build awareness of Ikona's patented technology, but ultimately to establish the Ikona Gear as an industry standard by working closely with companies that are leaders within their industries. I look forward to driving the business development and growth strategy for Ikona."

About Vladimir Scekic

Scekic is an engineering, project management and business development professional with more than 10 years experience in business development, project and client management, engineering, technical design, and product development with expertise in the oil and gas and heavy machinery industries.

Prior to joining Ikona, Scekic spent 10 years in a variety of senior management and technical positions with Pacific Rim Engineered Products, including Chief Engineer / Business Development Manager, Chief Engineer / Engineering Manager, Senior Mechanical Engineer, and Torsional Vibration Analyst.

Prior to his tenure with Pacific Rim, Scekic was a Heavy Duty Mechanic for Crocker Equipment, a leading distributor of heavy industry machinery including Zamboni and Blademaster. Scekic has a Bachelor of Science Degree in Engineering.

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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