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IA and GE - Aviation to Present Technology Licensing Case Study at Boston Conference

ROCHESTER NY: October 22, 2007 – IA President Steve Skewes will join GE - Aviation's Mark Meyer to present a technology licensing case study at the "Accelerating Innovation: The Open Innovator's Toolkit" Conference in Boston MA on November 4-6.

The presentation, entitled "Winning Together", will explain the advantages of a licensing arrangement between a major worldwide corporation such as GE - Aviation and a smaller, lean manufacturing technology innovator such as Induction Atmospheres. The two companies recently collaborated on the development of a new induction heating vacuum furnace which can be used to repair turbine engine fan blades. GE- Aviation recently purchased eleven of these systems for facilities in Greenville, SC, Hookset NH, and Evandale OH.

"The key to a successful licensing deal is a strong relationship and corresponding trust between the two companies" said Mr. Skewes. "Mark and I will be talking about how our two disproportionately sized-companies overcame the initial cultural and legal obstacles to forge a mutually profitable relationship."

The conference is the ninth in a series of executive briefings presented by yet2.com, which provides intellectual property consulting and licensing services to world-class clients around the globe. For more information about the conference, please visit www.yet2com.com.

GE - Aviation is the leading global producer of jet engines for civil and military aircraft. In addition, GE - Aviation provides services such as engine exchange, on-wing support, and technology upgrades, and also supplies aircraft-derived engines for marine applications. For more information, please visit www.geae.com.

Founded in 2002, Induction Atmospheres is an independently-owned system integrator with extensive laboratory facilities, engineering expertise, full in-house machining and manufacturing capabilities. Clients such as General Electric, NASA, General Motors, Boston Scientific, Lufthansa Technik and Siemens have purchased IA turnkey heating systems for industrial brazing, welding, hardening and general-purpose induction heating applications. The company is headquartered in Rochester NY. For more information, please call 585.368.2120 or visit www.inductionatmospheres.com.

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