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ICA Advisors Retained by Ikona Gear in Management Advisory Role


Intellian Capital Advisors, LLC

2008-07-24 12:49:00

ICA Advisors Retained by Ikona Gear in Management Advisory Role

HAUPPAUGE, NY–(EMWNews – July 24, 2008) – ICA Advisors, LLC, a division of Intellian

Capital Advisors, LLC, a full service merchant banking firm,

announced that it has been retained by Ikona Gear International, Inc.

(OTCBB: IKGI) in a management

advisory role.

Ikona Gear International, located in

Coquitlam, BC, has a breakthrough patented gearing technology that is being

incorporated in a number of high-precision applications including robotics,

satellite base stations, automotive components and medical device

applications. The company also designs and manufactures an innovative line

of products for the oil and gas machinery industry, which includes

drawworks, speed increasers and mud pump drives.

“Ikona’s management team has a groundbreaking technology that’s smaller and

lighter and provides its customers with significant cost reduction

opportunities. ICA Advisors will work with the management team to develop a

business strategy for expanding their operations and market share over the

next several years,” said ICA Advisors Managing Director, Vikram Arneja.

ICA Advisors Managing Director Bernie Gartenlaub commented, “We will work

closely with Ikona’s management focusing on the company’s short-term and

long-term goals, which involve entering into joint ventures agreements with

companies within North America and the Middle East. Our expertise will

assist in creating the most effective strategy for meeting their

commercialization goals and raising the capital needed to accomplish these


“We have outlined an aggressive product development and commercialization

strategy to expand our marketing and geographical reach,” said Ikona CEO

and President Laith Nosh, “and are pleased to have ICA Advisors’ assistance

with the execution of our business strategy and help with our capital

requirements. Our goals over the next several years include the continued

development of our oil and gas machinery equipment, penetration of

additional automotive markets, and the furthering of our efforts within the

alternative energy sector with our innovative patented gearing platform.”

About Ikona Gear International, Inc.

Ikona Gear is a knowledge-based company with innovative and proprietary

products targeting two significant markets: oil and gas field machinery

and gearing and power transmission applications. The company provides a

family of mud pump gear drives, hoisting drawworks and speed increasers

that have established new standards within the oil and gas industry for

their efficiency, weight and small footprint on the drilling platform. The

company’s unique patented gear technology enables engineers to design gear

products with a higher power-to-weight ratio, increased control and

precision of gear movement, extremely high input-to-output speed ratios and

generally superior application performance over standard gearing systems.

It is best suited for applications with deep ratio requirements and weight

and size constraints such as the automotive industry, satellite

communications equipment, robotics and medical devices. Ikona trades on the

OCTBB trading system under the symbol “IKGI” and on the Frankfurt Exchange

under the symbol “lG2.” For more information, please visit

About Intellian Capital Advisors

Founded in 2003, Intellian is a full service merchant banking firm. Each

client works with a hand-picked Intellian team, which examines a company at

every level, from management to operational systems, to ensure the company

is appropriately positioned to reach its goals. Intellian works with a wide

array of industries including medical, manufacturing, transportation,

alternative energy, technology and media. ICA Advisors provides strategic

and management advisory services to leading middle market companies. The

portfolio of services includes merger and acquisition

transactions, divestitures, restructuring, and raising capital through a

variety of vehicles. For more information, please visit the company’s

website at

Vikram S. Arneja
Managing Director
ICA Advisors
150 Motor Parkway, Suite 109
Hauppauge, NY 11788
[email protected]

Ikona Industries:
Scott Rose
Corporate Communications
[email protected]

Investor and Media Relations:
Marty Tullio
McCloud Communications LLC
[email protected]

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