iCurie Lab Holdings Ltd Launches New Website --NEW CORPORATE WEBSITE PROVIDES DETAILED INFORMATION ON iCURIE'S LG

ELECTRONICS CERTIFIED iCURIE COOLED(TM) MICRO COOLING SYSTEM (ICMCS)

TECHNOLOGY--



--iCURIE CEO HAKAN WRETSELL TO PROVIDE CORPORATE UPDATE ON CONFERENCE CALL

TODAY--



    LONDON, Oct. 7 /PRNewswire-FirstCall/ -- iCurie Lab Holdings, Ltd., parent
 company of iCurie Lab, Inc., a rapidly-growing nanotechnology company based in
 Seoul, Korea, has launched its new corporate website, http://www.iCurie.com .
     The new website provides detailed information on the applications and
 benefits of iCurie's patented nanotechnology cooling system to the electronics
 industry. This cooling technology is the basis for a quantum leap forward in
 one of the greatest barriers to ever-increasing computer processing speeds --
 heat.
     iCurie has successfully taken its technology out of the laboratory and
 into its first generation product line, the iCurie Cooled(TM)  Micro Cooling
 System (ICMCS) that fits in today's microchips.  The Company's ICMCS recently
 passed performance testing and received certification from LG Electronics,
 Inc. (KOREA: 066570), one of the top five original equipment manufacturers of
 PCs.  Details of the test results and full technical printout of the LG
 certification are available on the iCurie website, http://www.iCurie.com .
     In addition to receiving LG certification, iCurie recently announced a
 manufacturing partnership agreement with Taiwan-based AVC (Asia Vital
 Components Co., Ltd.) the world's largest supplier of CPU (Computer Processing
 Units) cooling systems.
     Hakan Wretsell, Chief Executive Officer of iCurie Lab Holdings, Ltd. said,
 "Having a website that clearly defines the opportunities of its unique
 technology is a key step in iCurie's development.  The new site is a vital
 means of communicating information as iCurie moves forward with its strategic
 plans to become the premier technology for a multitude of chip cooling
 applications."
 
      CONFERENCE CALL DETAILS
      Thursday, October 7, 2004
      4:30 p.m. Eastern
      Conference call (US) 1-877-234-1973
      (International)      1-973-582-2700
 
     To participate in the conference call, please dial in approximately
 10 minutes prior to the call.  PLEASE NOTE THERE WILL BE AN ACCOMPANYING
 POWERPOINT PRESENTATION BROADCAST VIA THE WEB.
     The conference call will be broadcast "live" in listen-only. To listen to
 the audio via the web and view the accompanying powerpoint presentation,
 please click on http://icurie.com or http://www.hansengray.com .
     The iCurie website will be linked with the site of Hansen Gray & Company
 (OTC: HGCP) a publicly-traded venture capital firm which owns a 45% stake in
 iCurie Lab Holdings, Ltd.
     iCurie Lab Holdings, Ltd. is a holding corporation based in London,
 England.  Through iCurie Lab, Inc, it operates a technology research and
 development laboratory specializing in next generation cooling technologies.
 The Company's technology has a wide array of cooling applications in
 development including computer chips, cellular telephones, automotive,
 refrigeration, heating and air conditioning and specialized defense
 applications.  Additional information on iCurie and the technology is
 available at http://www.icurie.com .
     Hansen Gray & Company, Inc. (OTC: HGCP) is a publicly-traded venture
 capital firm based in Atlanta, Georgia. The firm's management has substantial
 experience in all areas of investment banking, specializing in mergers and
 acquisitions, with an emphasis on emerging technologies including
 nanotechnology.  The firm has completed a series of strategic investments and
 acquisitions in 2004, including acquisitions such as CyberQuest, which is
 engaged in VR and 3D imaging and a 45% investment stake in iCurie, which is
 engaged in nano-scale cooling for semiconductors.  Additional information on
 the firm is available at http://www.hansengray.com or by calling
 (678) 542-2000.
 
     This press release contains forward-looking statements, involving risks
 and uncertainties including statements regarding the Company's financial
 performance. 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, our ability to leverage our
 technology, manage our growth, protect our intellectual property rights,
 attract new customers 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. The Company 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.
 
 

SOURCE Hansen Gray & Company, Inc.

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