Nov. 15, 2005: IKONICS Announces New Distribution Agreement

DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth based imaging technology company, announced today that it has entered into an agreement with Aicello Chemical Europe GmbH for the distribution of its PhotoBrasive Systems products in Europe, Africa and the Middle East. Aicello Chemicals has been distributing these products for IKONICS in Western Europe for over four years and this agreement represents an extension of that successful relationship.

Bill Ulland, IKONICS CEO, said, “We believe this is potentially a very large market for our strong line of photoresist products, and that Aicello Europe’s sales presence in the area combined with its strong technical abilities will result in increased market penetration.”

IKONICS recently introduced UltraVinyl—a self-adhesive photo resist stencil film for the abrasive etching of stone and other substrates that are difficult to etch. The product has the etch resistance of a traditional vinyl stencil but with the added characteristic of being able to etch much greater detail in dramatically less production time. This patent-applied-for product has been well received in the new Aicello territory for the monument and architectural markets, as has the company’s proprietary RapidMask film, licensed from DuPont.

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