Celsia Technologies Announces Contract with Kubo Kinzoku to Expand Sales Presence in Japan

    MIAMI, May 3 /PRNewswire-FirstCall/ -- Celsia Technologies (OTC
 Bulletin Board: ICUR), a full solution provider and licensor of thermal
 management products and technology for the PC, consumer electronics,
 lighting and display industries, today announced the expansion of its sales
 presence into Japan with Kubo Kinzoku Co., Ltd. ("Kubo"), one of Japan's
 leading commercial sales agents.
     Under the terms of the contract, Kubo will serve as Celsia
 Technologies' commercial sales agent for several different heat management
 solutions in Japan. Kubo's sales force will educate customers and sell
 Celsia Technologies' proprietary micro cooling technology to a well-defined
 selection of electronic companies in the Japanese marketplace. Kubo has
 agreed to reach specific volume targets for 2006 and 2007. The agreement
 includes but is not limited to customers of Kubo involved in consumer
 electronics manufacturing.
     Hakan Wretsell, Chief Executive Officer of Celsia Technologies, said,
 "Japan represents a huge opportunity with its established markets in each
 of our target industries. Given the high potential of this region it was
 critical that we had a strong partner with the extensive sales force and
 customer relationships, along with the impeccable reputation that Kubo has
 built over time. Celsia is also a great fit because Kubo's team is renowned
 for introducing breakthrough technologies and has been instrumental in
 developing the heat management market in Japan. Kubo's existing customers
 include global leaders Sony, NEC, Sharp, Pioneer and Fujitsu, among others
 -- all ideal targets for Celsia's thermal management solution."
     Kubo Hiroichi, President of Kubo commented, "Celsia is the latest in a
 long line of technology innovations we have helped establish in the
 Japanese marketplace. We are excited that we can bring our customers and
 suppliers a proven, breakthrough technology that can help improve product
 performance. We are optimistic that this will be a long-term, mutually
 rewarding relationship for both Kubo and Celsia."
     About Celsia Technologies
     Celsia Technologies is a full solution provider and licensor of thermal
 management products and technology for the PC, consumer electronics,
 lighting and display industries. The Company is a leader in developing and
 commercializing next-generation cooling solutions built on its patents in
 thermofluid nanotechnology. Celsia Technologies' extensive intellectual
 property portfolio includes patents registered in Korea, the U.S., Japan
 and Taiwan, with patents pending in the EU, Russia, India and in China.
 Celsia Technologies is the brand name of iCurie, Inc. For more information
 visit: http://www.celsiatechnologies.com.
     About Kubo Kinzoku Co., Ltd.
     Kubo Kinzoku is a distributor and a thermal design company,
 representing worldwide producers of high quality non-ferrous metal
 materials and thermal solution products. For over 59 years (Est.1946), our
 mission has been to meet the numerous and high levels of customer demands,
 through the handling of everything from base metals. Furthermore, we not
 only supply metal in its raw material form, we are offering original
 thermal design products for mobile PC, projector, and electronic device and
 more. Using our global network of professionals, we continue to accumulate
 ability to meet the demands of our customer, through the rearing of our
 personnel, the development of new products, and the gathering of useful
 information. http://www.kubo-kinzoku.com
     Forward Looking Statements:
     This press release contains forward-looking statements, involving risks
 and uncertainties. Such statements are based on management's current
 expectations and are subject to certain factors, risks and uncertainties
 that may cause actual results, events and performance to differ materially
 from those referred to or implied by such statements. In addition, actual
 future results may differ materially from those anticipated, depending on a
 variety of factors which include, but are not limited to, Celsia
 Technologies' ability to attract investors, Celsia Technologies' future
 operating results, and general economic conditions affecting consumer
 spending, including uncertainties relating to global political conditions,
 such as terrorism and the conflict with Iraq. Readers are cautioned not to
 place undue reliance on these forward-looking statements, which speak only
 as of the date hereof. Celsia Technologies does not intend to update any of
 the forward-looking statements after the date of this release to conform
 these statements to actual results or to changes in its expectations,
 except as may be required by law.
     Contacts:
     Michael Karpheden              David Pasquale / Abbas Qasim
     Celsia Technologies            The Ruth Group
     Phone: (305) 529-6290          Executive Vice President
                                    Phone: 646-536-7006 / 7014
                                    Email: dpasquale@theruthgroup.com /
                                           aqasim@theruthgroup.com
 
 

SOURCE Celsia Technologies

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