iCarbon Announces Formation of Bulk Industrial Minerals Business Division; Company Appoints Senior Industry Executive to Help Launch New Division.

DELANO, Pa. -- iCarbon Corporation (OTCBB:ICRB) today announced it has launched a new bulk industrial minerals and materials division, which will provide contract processing for industrial clients, utilizing the company's proprietary manufacturing and chemical-based processing technologies. The company has appointed Kevin Layton, a long time veteran of the materials processing industry, to oversee and supervise operations for iCarbon's industrial customers.

Mr. Layton, age 45, previously served as the senior process engineer for Owens Corning's powdered coatings division since 2004, where he was responsible for overseeing quality control for the division with over $280 million of annual sales. While at Owens Corning, Mr. Layton led numerous projects to drive savings and increase productivity, and led product development for the company's first international business venture in China. From 1995 to 2004, Mr. Layton held various positions with PPG Industries, most recently as senior process engineer, where he was responsible for launching and overseeing plants in Brazil, China and Mexico. In addition, he was responsible for scaling up a wide range of new products from research and development through manufacturing. Mr. Layton also held senior positions at Ferro Corporation and at Glidden Company, a division of ICI Industries. Mr. Layton has a B.S. in mechanical engineering technology at Cleveland State University, as well as Six Sigma Black Belt Certification.

James Olive, chief executive officer of iCarbon, stated, "Our new bulk industrial minerals and materials division will offer contract engineering and processing to industrial clients, including large industrial manufacturers that require additional capacity or outsourcing for their peak capacity needs. Our proprietary manufacturing and chemical-based processing technologies offer the potential for significant cost advantages when applied to a range of industrial materials beyond just graphite. We are already in discussions with a number of large industrial and mineral companies to provide these contract services."

Mr. Olive continued, "Kevin Layton brings more than 25 years of valuable industry experience to our team. We expect his involvement will accelerate our current product development plans. Kevin's experience with materials engineering solutions, alongside iCarbon's core technologies, will blend cost effective solutions for a broad range of base materials. We expect iCarbon to compete effectively as a leading provider of contract processing for industrial clients."

Kevin Layton stated, "I am very pleased to join iCarbon during this period of rapid growth. iCarbon's advanced processing technologies are the essential platform to perform capably and cost effectively in a range of industrial materials."

The company's Aliquippa, Pennsylvania plant has the bulk materials infrastructure to accommodate major industrial users and incorporates river barge, rail transportation, and manufacturing/processing systems for bulk industrial minerals and materials.

About iCarbon Corporation

iCarbon Corporation is engaged in the business of mining, manufacturing and selling natural and synthetic graphite, carbon based materials and bulk industrial materials for use in numerous industries and applications. The company has manufacturing/processing facilities located in New York, two in Pennsylvania, Ontario, Canada, and is developing a facility in Chenzhou City, Hunan Province, China. iCarbon Corporation is the owner/developer of graphite mines in Canada, Madagascar and China. The company is an ISO certified manufacturer: ISO 9001: 2000.

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "expects," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial position to differ materially from those included within the forward-looking statements. These factors include the current dependence on foreign suppliers for raw materials, greater resources of competitors, fluctuating prices for graphite and carbon materials, our title to mines being challenged, industry regulation as well as other factors. Readers should reference the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligations to disclose any revision to these forward-looking statements to reflect events or circumstances occurring after the date hereof, other than as required by law.