SOURCE: Ikona Gear International, Inc.

May 14, 2007 10:00 ET

Ikona's Oil and Gas Products a Success at the 2007 Offshore Technology Conference

COQUITLAM, BC -- (MARKET WIRE) -- May 14, 2007 -- Ikona Gear International, Inc. (OTCBB: IKGI), an innovator in compact, lightweight, gearing systems solutions, introduced its unique line of mud pump drives and drawworks to new target markets at the 2007 Offshore Technology Conference recently held in Houston, Texas.

Ikona's management team demonstrated its innovative technology to some of the most prestigious companies in the drilling machinery industry and to senior management of major oil companies. "The conference was a tremendous success for the company," commented Ikona Senior Vice President Joe Vosburgh. "The positive response toward our innovative, energy efficient products has generated several requests for quotation across our entire oil and gas product line."

Known as the world's foremost event for the introduction of the newest and most advanced technologies targeting the oil and gas industry, the conference is the ideal venue to market offshore resources in the fields of drilling, exploration, production and environmental protection.

About Ikona Gear International, Inc.

Ikona Gear is a knowledge-based company 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/.

Contact Information

  • Investor Relations Contact:
    Marty Tullio
    McCloud Communications, LLC
    949.553.9748
    Email Contact

    Company Contact:
    Scott Rose
    Ikona Gear International
    604.523.5507
    Email Contact