GrafTech's AET Subsidiary and Celsia Technologies Sign Sales and Development Contract

    MIAMI, April 27 /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 that it has expanded the
 scope of its relationship with Advanced Energy Technology Inc. ("AET"), a
 leading producer of electronic thermal management solutions under the
 eGRAF(R) brand name. AET is a subsidiary of GrafTech International Ltd.
 (NYSE:   GTI), one of the world's largest manufacturers of high quality
 synthetic graphite, natural graphite and carbon-based products.
     Under today's expansion of the companies' relationship, they will begin
 working to jointly develop next generation thermal solutions based on the
 combination and integration of AET's and Celsia's current thermal
 management technologies, including AET's graphite material science and
 Celsia's micro fluidic thermal management technologies. Jointly developed
 products will be sold and marketed by AET.
     The companies originally announced a letter of intent on November 3,
 2005 covering sales and marketing by AET of Celsia's current products
 utilizing AET's extensive network and capitalizing on the commercial
 success already achieved by AET in the thermal management market. AET was
 given exclusive rights to sell and market certain Celsia products for
 specific market segments.
     Hakan Wretsell, Chief Executive Officer of Celsia Technologies, said,
 "Since signing the letter of intent last November, we have been working
 diligently on our go to market strategy. We have prioritized our
 opportunities in order to first pursue key industries and end markets. Both
 organizations have worked successfully together in this effort, and we are
 pleased with the progress we have made. The distribution potential of the
 partnership with AET remains just as important. AET has significant
 marketing and distribution experience as shown through their rapid
 commercialization of eGRAF(R) thermal management products. Through their
 extensive sales and distribution network, we expect to rapidly
 commercialize our products in completely new industries, such as the
 automotive and flat panel display industries."
     John Wetula, President of AET, commented, "Our initial collaboration
 has performed as expected, giving us increased enthusiasm. We continue to
 view this as an important strategic initiative for AET, given the market
 potential we believe that arises from adding Celsia's current technologies
 and products to our portfolio. The partnership allows us to leverage our
 success with eGraf(R) products to further our vision of becoming the
 world's leading thermal solutions provider. We are optimistic that the
 joint development of next generation thermal management solutions will also
 create new opportunities in various high-growth market segments and help
 accelerate the achievement of our aggressive goals."
     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 Advanced Energy Technology Inc.
     Advanced Energy Technology Inc., is one of the world's leading
 manufacturers and providers of high quality natural graphite based products
 for customers worldwide in the electronics, fuel cell, automotive, power
 generation, semiconductor, transportation, and petrochemical markets.
 GRAFCELL(R), GRAFOIL(R), and eGRAF(R) are registered trademarks of AET. For
 more information on Advanced Energy Technology Inc., and its eGraf(R)
 products, call 216-529-3777 or visit our website at www.egraf.com. For
 additional information on our parent, GrafTech International Ltd., call
 216-676-2000 or visit our website at www.graftech.com.
     Forward Looking Statements:
     This press release contains forward-looking statements. 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 contained in or implied by such
 statements. These include, but are not limited to, Celsia's ability to
 attract investors, AET's and Celsia's future operating results, risks
 associated with developing and marketing new products and developing and
 expanding new product markets, and general economic conditions affecting
 consumer spending, including uncertainties relating to global political
 conditions, such as terrorism and the conflict with Iraq, as well as those
 described in the respective companies' SEC filings. Readers are cautioned
 not to place undue reliance on these forward-looking statements, which
 speak only as of the date hereof. The companies do 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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