iCarbon Corporation Announces Company Listing on the Frankfurt Stock Exchange.

DELANO, Pa. -- iCarbon Corporation (OTCBB:ICRB) ("iCC") today announced it will be granted listing status on the Frankfurt Stock Exchange effective Friday, August 4, 2006. iCC's common shares will trade on the Deutsche Borse Unofficial Regulated Market (Segment Freiverkehr) FWB(R) Frankfurter Wertpapierborse (the Frankfurt Stock Exchange), also referred to as the "Open Market".

Derek Hirsch, Co-Chairman of iCC stated, "We are pleased at the inclusion of iCarbon Corporation's shares into the Open Market at the Frankfurt Exchange. The German stock exchanges include a number of listings of graphite companies and generally the public has had a good awareness of the industry. We see the listing of iCarbon as an opportunity for informed investors to take up shareholdings in the company."

About iCarbon Corporation

iCarbon Corporation, a Nevada corporation with administrative offices located in Pennsylvania, is engaged in the business of mining, manufacturing and selling natural and synthetic graphite and carbon based materials and bulk industrial minerals and materials for use in numerous industries and applications. The company has manufacturing/processing facilities located in New York, two in Pennsylvania, and is currently establishing manufacturing operations in Chenzhou City, Hunan Province, China. iCarbon Corporation is the owner/developer of graphite mines in Canada, Madagascar and China. The company's wholly owned subsidiary, Graphite Technology Group, Inc. 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. 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. 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.