Ikona Gear International Executive Vice President Briefs WallSt.net
COQUITLAM, BC -- Ikona Gear International, Inc. (OTCBB: IKGI), an innovator in compact, lightweight, gearing systems solutions, announced today that Executive Vice President Joe Vosburgh was interviewed by online information provider WallSt.net. The interview is currently available and will be archived for later listening.
During the brief interview Mr. Vosburgh discusses Ikona’s three target markets for its gearing transmission solutions and then focuses on Ikona’s lead market: the oil and gas sector. Mr. Vosburgh points out during the interview that while alternative energy possibilities are getting a great deal of attention now, the continued significant demand for oil and gas will continue for decades and drive exploration to produce a matching supply.
Mr. Vosburgh also draws attention to Ikona’s two primary products that are purpose-built for the oil and gas sector. Ikona Mud Pumps Drives and Ikona Drawworks are the two drilling rig field machines that lead the company’s product line. Ikona sold two mud pumps last month to a major Canadian and U.S. oil drilling firm.
In the interview Mr. Vosburgh noted that Ikona’s lead oil and gas products are 40-50 percent lighter and smaller than conventional mud pump drives and draw works currently being used around the world. Mr. Vosburgh further noted that this substantial savings in size and weight result in significant savings in time and money for the drilling contractor.
During the brief interview, Mr. Vosburgh also discusses the military and automotive applications markets and the senior management team at Ikona.
To Listen to the Interview on WallSt.net
To listen to a streaming version of the interview, go to www.WallSt.net. Click ’Interviews’ on the top tab toolbar. Companies are listed by exchange and ticker on the left side bar. Scroll down to OTCBB, locate the Ikona trading symbol ’IKGI’ and click on that symbol. A window will open in the middle of your browser with a Windows Media File player, Mr. Vosburgh’s picture and the Ikona name. Click on the ’Start’ arrow.
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/.
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