SOURCE: Ikona Gear International, Inc.

August 20, 2007 10:00 ET

Ikona Receives Initial Order From Cummins API S.A.

COQUITLAM, BC--(Marketwire - August 20, 2007) - Ikona Gear International, Inc. (OTCBB: IKGI) ("Ikona"), an innovator in compact, lightweight, gearing systems solutions, today announced that it received an initial US$150,000 order from Cummins API S.A. for its new 1100HDC hydraulic power take-off (PTO) product for the oil and gas industry.

Cummins API S.A. is a South American distributor for Cummins Inc. and Imo Pumps. Cummins, Inc. is the world's largest designer and manufacturer of diesel engines ranging from 55 to 3500 horsepower. IMO Pumps, member of Colfax Pump Group, is the world's largest designer and manufacturer of rotary positive displacement pumps. Cummins API S.A. has been supplying pumping packages to the oil and gas industry since 1983.

An Ikona 1100HDC hydraulic power take-off (PTO) is used to drive a mud pump (fluid pump) as the means of transmitting the power to it from a diesel engine. The 1100HDC provides a smooth engagement, soft start, high-speed clutch disengagement and an all steel torsional coupling. The unit features overhaul intervals of 50,000 hours and electrical controls suitable for integration with the diesel engine controls.

"Having received this initial purchase order we are excited about the opportunity of working with Cummins API in the South American market," commented Laith Nosh, Ikona's President and CEO. "We believe that the new 1100HDC will significantly enhance our current product offering in the oil and gas industry."

Over the last 18 months, Ikona has mainly focused on designing, developing and building its product portfolio for the oil and gas industry. To date the company has developed single speed and dual speed mud pump drives, an AC gear-driven drawworks, an AC 2-speed planetary drawworks, and a hydraulic power take-off. Ikona's products, which are designed and manufactured specifically for oil and gas drilling rigs, weigh less, present a smaller footprint, and are more energy efficient than competitive products. The innovative design of these products has made them relatively maintenance free.

About Ikona Gear International, Inc.

Ikona Gear is focused on the design and manufacture of innovative and patented solutions for gearing and power transmission applications, a $100 billion market. The Ikona gear system is better, stronger, more precise, and generally superior to standard gearing systems. The Company's unique, patented technology is ideally suited for deep ratio, weight and size constrained applications where often it is the only solution. The Ikona gear technology is the only technology that enables internal gear-sets with only one tooth difference, resulting in a much higher meshing of gears, and significantly higher gear ratios -- very important factors, especially in plastic gearing solutions. 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 www.ikona.ca/.

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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    Marty Tullio
    McCloud Communications, LLC
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    Scott Rose
    Ikona Gear International
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