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Ikona Receives $150,000 Order, Signs Distribution Agreement

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August 30, 2007—

Ikona Gear International received a $150,000 order from Cummins API S.A. for its new 1100 HDC hydraulic power take-off product line for the oil and gas industry.

Cummins API S.A. is the South American distributor for a designer and manufacturer of diesel engines ranging from 55–3,500 horsepower and a company that designs and manufactures rotary positive displacement pumps.

According to Ikona’s press release, its 1100 HDC hydraulic power take-off is used to drive a mud pump as a means of transmitting power to it from a diesel engine. The 1100 HDC provides a high-speed clutch disengagement and an all-steel torsional coupling. Additional features include overhaul intervals of 50,000 hours and electrical controls for integration with diesel engine controls.

Ikona also announced a distribution agreement with AmeriMex Motor and Control Inc.  Under the terms of the agreement, AmeriMex will be the exclusive distributor of Ikona’s oil and machinery product line, including its two-speed mud pump drives and drawworks in Texas, Oklahoma and Louisiana. AmeriMex offers new and remanufactured electric motors, generators and motor controls. 

Bill Toelke, vice president of sales at AmeriMex, says “Ikona’s products, which were designed and manufactured specifically for the oil and gas drilling rigs, weigh less, present a smaller footprint and are more energy-efficient than competitive products. The innovative design of these products has made them relatively maintenance-free—another factor that reduces the overall cost of the drilling process.”