Mikronite

November 28, 2005 - Daytona Beach, Florida:

Crane Cams now offers The Mikronite® Process For Increasing Strength And Durability In Highly Stressed Steel, Aluminum And Titanium Alloy Metals!

Crane Cams now offers the Mikronite® process for camshafts, valve train components and other engine components made from alloy steel, aluminum or titanium. The Mikronite® process increases strength and durability for items such as camshafts, lifters, valve springs, retainers, pushrods, rocker arms and rocker shafts as well as crankshafts, rods, pistons, valves, and any engine or drivetrain component where metal-to-metal contact friction is present!

The Mikronite® process significantly reduces the coefficient of friction between mating surfaces, increases residual compressive stress in metal surfaces and near-surfaces, and creates an evenly calculated pattern of channels that promotes capillary distribution and adhesion of lubricant to reduce friction, wear and noise. Steels to which the Mikronite® process has been applied have shown a marked improvement in resistance to rust caused by moisture and humidity.

It also increases “toughness” of treated metals, increases work hardening strength and reduces or eliminates minute stress-riser cracks and surface inclusions of metal surfaces.

The Mikronite® process was originally developed and perfected in the optics industry and is used in aerospace, medical and cutting tool applications. It is not a plating or coating (although treated surfaces appear plated!), but a dry mechanical process that can be applied to steel, aluminum, titanium, bearing steels, tool steels, tungsten carbide, silicon nitride, brass and bronze.

The beauty that results from the application of the Mikronite® process is not just “skin deep”. It is proven to strengthen and increase the useful life of the component and reduce parasitic consumption of horsepower in a wide variety of racing engine component applications!

MIKRONITE® is a registered trademark of Mikronite Technologies Group, Inc. The MIKRONITE® process is a patented process of Mikronite Technologies Group, Inc.

May 23, 2005:

Mikronite Technologies Signs License With Liberty’s Gears

Mikronite Technologies Group Inc.("Mikronite") announced today that it has reached an agreement with Liberty’s Performance Products, Inc. (“Liberty’s Gears”) of Taylor, Michigan to act as an authorized representative of the MIKRONITE® process for power transmission products for the automotive performance market. Under this agreement Liberty’s Gears will be able to provide their customers with an improved and more durable product line as well as a wider selection of products. Liberty’s Gears will also provide the MIKRONITE® process as an aftermarket add on.

For more than thirty years, Liberty’s Gears) has been a trusted name in drag racing and beyond. Known most specifically for their Equalizer Clutchless Transmission, Liberty’s Gears is an industry leading, manual transmission specialist.(www.libertysgears.com)

December 21, 2004: Mikronite is pleased to announce that it has elected Henry A. Sweetbaum to its Board of Directors. Mr. Sweetbaum has an extensive background in the computer and telecommunications industries. He has successfully engineered turnarounds, restructurings and reorganizations, within and outside of the tech-sector, and has had many years experience in mergers and acquisitions, both on the sell and the buy-sides. Mr. Sweetbaum is a Principal of PS Capital LLC, an advisory and venture investment company. For his full bio please click here.

December 8-11, 2004: Mikronite was an exhibitor at the 17^th annual Performance Racing Industry Trade Show in Indianapolis. PRI (www.performanceracing.com) is the largest industry trade show in the country attended by more than 45,000 racing industry professionals each year. At the show, Steve Hoffman, Chief Technology Officer of Mikronite held a seminar on “How to make your racing parts perform faster, last longer, run cooler and boost horsepower” using the Mikronite® process.

November 20, 2004: Chief Technology Officer, Steve Hoffman and Marketing Director, Michael Demurjian discuss Mikronite® and its applications in the performance automotive industry on Car & Driver Radio.

October 7, 2004: Mikronite is pleased to announce that it has been selected to provide research and development services under a US Government contract for the United States Air Force. Mikronite will serve as a subcontractor to The Timken Company under the Versatile Affordable Advanced Turbine Engines (VAATE) Program. Mikronite's technology provides an integral role in developing surface engineered bearings for the next-generation aircraft. We look forward to developing this important work with Timken over the next four years.”

October 4, 2004: Mikronite announces its first advertising campaign to be seen in the November issue of Performance Racing Industry (PRI) Magazine.

September 22, 2004: Frank Cozze wins the final race of the Superstars of Stock Car Racing Series at the New Egypt Raceway taking home $10,000. Cozze, who has been racing for close to thirty years, said “I believe this is the future of parts processing. Heat sucks energy and horsepower; there is much less heat produced using Mikronite® processed parts..." Cozze was racing using Mikronite® processed gears.

July 27, 2004: Mikronite is pleased to announce that it has elected Michael A. Carpenter to its Board of Directors. Mr. Carpenter is the Chairman and Chief Executive Officer of Citigroup Global Investments, which consists of insurance company and customer funds invested in various private equity, hedge fund, fixed income, and real estate investments around the world and is a member of the Citigroup Management Committee. For his full bio please click here.

July 27, 2004: Mikronite announces that its ninth patent has been allowed by The United States Patent and Trademark Office. This patent is entitled METHOD AND APPARATUS FOR STRENGTHING AND LEVELING A SAW BLADE, will be granted within 60 days and represents Mikronite's ongoing efforts to strengthen and extend its intellectual property portfolio.

June 15, 2004: Mikronite announces that it has held the 2004 Annual Meeting of Shareholders in New York City. At the meeting, shareholders voting, either in person or by proxy, approved the re-election of the board of directors. A general discussion of the company's business and prospects also took place.

May 11, 2004: Mikronite announces that it received a grant of its eighth patent by The United States Patent and Trademark Office. This patent, US 6,733,375 B2, is entitled HORIZONTAL FINISHING MACHINE, and represents Mikronite's ongoing efforts to strengthen and extend its intellectual property portfolio.

April 8, 2004: Mikronite announces it has been certified by BSI Management Systems for ISO 9001-2000.

ISO 9001 specifies requirements for a quality management system for any organization that needs to demonstrate its ability to consistently provide a product that meets customer and applicable regulatory requirements and aims to enhance customer satisfaction. The quality focuses not only on the processes and organization, but on the quality of the product. ISO 9001 is a quality security for product development, production, design and service.

March 31, 2004: Mikronite announces that it successfully completed a $1.0 million offering of its Preferred Series D and Preferred Series E Stock. The investors in this offering included all of the members of Mikronite's Board of Directors and senior management as well as several existing and new investors. The funds will be used to provide additional working capital to expand Mikronite's ongoing operations and research and development efforts.

March, 2004: Mikronite announces it has reached an agreement with Black & Decker for the development of a new line of premium commercial circular saw blades. The blades will be marketed under the DeWalt name.

July 29, 2003: Mikronite announces that it received a grant of its seventh patent by The United States Patent and Trademark Office. This patent, US 6,599,176 B2, is entitled HIGH SPEED CENTRIFUGAL PROCESSOR, and represents Mikronite's ongoing efforts to strengthen and extend its intellectual property portfolio.

June 30, 2003: Mikronite announces that it successfully completed a $3.49 million offering of its Preferred Series B and Preferred Series C Stock. The investors in this offering included all of the members of Mikronite's Board of Directors and senior management as well as several existing and new investors. The funds will be used to provide additional working capital to expand Mikronite's ongoing operations and research and development efforts.

December, 2002: Mikronite announces it has elected three new members to its Board of Directors: Nigel D.T. Andrews, Robert S. Grimes and Mark N. Kaplan

February, 2002: Mikronite announces it has hired Jeffery H. Coats to become President and Chief Executive Officer and has elected him to its Board of Directors.

October, 2001: Mikronite announces it has elected Arthur Richard to its Board of Directors.

August, 2001: Mikronite receives a State of New Jersey Commission on Science and Technology, Springboard Fund Award (formerly known as Technology Transfer & Commercialization Program Recoverable Grant) for $250,000 to further develop and commercialize its MIKRONITE® technology.