SOURCE: Ikona Gear International, Inc.

July 19, 2005 08:00 ET

Ikona Gear International Receives Frost & Sullivan 2005 Technology Innovation Award

Patented Gearing Technology Lauded by Leading Global Consulting Firm

COQUITLAM, BC -- (MARKET WIRE) -- July 19, 2005 -- Ikona Gear International, Inc. (OTC BB: IKGI), a leader in innovative gearing systems technology, today announced it received the prestigious "2005 Technology Innovation Award" from Frost & Sullivan. The company was honored today at Frost & Sullivan's Excellence in Emerging Technologies Banquet, an annual event held in Boston, Massachusetts, honoring world-class companies for pioneering the development and introduction of innovative technologies into their markets. Ikona's award was given specifically for its gearing technology platform as it applies to high-temperature plastics for engine and winch-based gears.

"We are honored to have our patented gearing technology recognized by a global leader such as Frost and Sullivan," said Laith I. Nosh, President and CEO for Ikona. "Our innovation is driven by demand from organizations such as the Mayo Clinic, Magna International and StarRotor. Our business strategy is to lead the industry by providing unique, cutting-edge gearing solutions that meet the quality and performance demands of our partners and customers."

"The Ikona gear design is more rigid, has a much higher contact ratio than standard planetary gear designs, and has lower friction as the gear rolls through its contact range rather than sliding with friction," says Frost & Sullivan Research Analyst Michael Valenti. "This solves some of the major problems with plastics being used in gearing today."

Ikona recently announced a development agreement with Houston-based StarRotor Corporation, to provide them with Ikona's patented gear technology for third-generation StarRotor engines. According to the agreement, Ikona will incorporate its gear into the StarRotor engine's main drive mechanism. "Ikona hopes to show that it provides a combination of the highest efficiency, compactness, strength, and the best sealing method of transferring energy from StarRotor's engine into its main gear drive," notes Valenti.

Although most of Ikona's earlier testing was done with standard stock metal, several partners such as AirCast and Magna International proposed the fashioning of gear assemblies from plastics. While most of this interest was driven by cost considerations, the Ikona gear profile uniquely solves problems introduced by the characteristics of plastics. "These projects will demonstrate the progression of technology from metal gears to high temperature plastic gears," continued Valenti.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com.

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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