iCurie nanotechnology company to be acquired by Hansen Gray

Hansen Gray & Company, Inc. today announced a definitive agreement to complete the acquisition of 100% of iCurie Lab Holdings, Ltd., parent company of iCurie Lab, Inc., subject to certain conditions. iCurie is a rapidly-growing nanotechnology company specializing in micro-fluidic cooling systems.

Mark E. Gray, CEO of Hansen Gray & Company said, "The unique capabilities of iCurie's leading edge microchip cooling solution well positions the company to capitalize on the growing need to manage heat while increasing processing speed in a broad array of consumer electronics including computers. We believe that iCurie is the most valuable asset in our portfolio and its acquisition will significantly benefit our shareholders."

Hansen Gray & Company, Inc. 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. Hansen Gray has completed a series of strategic investments and acquisitions such as CyberQuest and VoiceTel Systems. The firm is an investor in iCurie Lab Holdings, Ltd., which has developed The iCurie Cooled Micro Cooling System (ICMCS), a patented nanotechnology cooling system for microchips, to address a significant challenge to ever-increasing computer processing speeds -- heat. Additional information on the firm is available at http://www.hansengray.com or by calling (678) 542-2000.

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 .

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