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Ikonics Corp – AMENDED AND RESTATED BY-LAWS OF IKONICS CORPORATION (April 30th, 2018)
Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (April 26th, 2018)

DULUTH, MN - IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, reported its second consecutive quarter of increased revenue versus the comparable prior year period. The first quarter of 2018 showed a 12% increase in revenue from the same period in 2017, and followed record quarterly revenue in the fourth quarter of 2017.

Ikonics Corp – 4832 Grand Avenue (February 22nd, 2018)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced 2017 annual and fourth quarter financial results.  Sales for IKONICS reached an all-time quarterly record in the fourth quarter of 2017, setting a strong pace for 2018, according to Bill Ulland, CEO of the 65 year-old company.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 (March 7th, 2017)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, today announced that its Board of Directors has appointed Ken Hegman as Chief Operating Officer. Hegman previously held the position of Vice President of Sales, North America.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (February 27th, 2017)

IKONICS CEO Bill Ulland said: “This has been a year of contrasts for IKONICS.  Sales of Advanced Material Solutions (AMS), our aerospace business, grew 66% over 2015. Most of these sales were to one customer, and we expect that this business will continue for future years.  AMS has achieved industry recognition for service and quality. We are anticipating additional business from three potential new customers in 2017 and 2018.

Ikonics Corp – 4832 Grand Avenue (November 3rd, 2016)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced third quarter earnings of $82,000, or $0.04 per diluted share, as compared to $0.06 per diluted share for the third quarter of 2015. Sales for the third quarter of 2016 were essentially flat compared to the same period in 2015 and, on a year-to-date comparison, overall 2016 sales and earnings are similar to 2015.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (August 4th, 2016)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced results for the second quarter of 2016.  Although second quarter sales of $4,200,000 were down 10% from the same period in 2015, IKONICS reported that earnings for the comparable quarter in 2015 increased from $0.01 per diluted share to $0.02 per diluted share in 2016.  Meanwhile, AMS, the company’s aerospace business segment, increased sales by 138% over the second quarter of 2015.

Ikonics Corp – FINANCING AGREEMENT by and between DULUTH ECONOMIC DEVELOPMENT AUTHORITY, IKONICS CORPORATION and WELLS FARGO BANK, NATIONAL ASSOCIATION Relating to: $3,415,000 Tax Exempt Industrial Revenue Bonds, Series 2016 (IKONICS Project) Dated as of April 1, 2016 (May 12th, 2016)

THIS FINANCING AGREEMENT is dated as of April 1, 2016, is made and entered into by and between the DULUTH ECONOMIC DEVELOPMENT AUTHORITY, IKONICS CORPORATION and WELLS FARGO BANK, NATIONAL ASSOCIATION.  All capitalized terms used herein and not otherwise defined have the meanings assigned in Section 1.01 and Exhibit A or as otherwise provided in Section 1.02.

Ikonics Corp – 4832 Grand Avenue (February 18th, 2016)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported  record sales of $4,768,000 for the fourth quarter of 2015 on strong sales from Advanced Material Solutions (AMS), IKONICS’ aerospace and electronics division. The Company reported earnings of $0.11 per diluted share for the quarter compared to $0.05 per diluted share for the fourth quarter of 2014.  AMS sales increased by 159% to $234,000 for the quarter and 92% for the year compared to 2014.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (May 1st, 2015)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported sales of $3,598,000 for the first quarter of 2015, a 19% drop over the same quarter of 2014. The Company incurred a net loss of $229,000, or $0.11 per diluted share, compared to a profit of $0.10 per diluted share for the first quarter of 2014.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (February 25th, 2015)

IKONICS Corporation (NASDAQ: IKNX), a Duluth-based imaging technology company, reported record sales of $18,490,000, a 6% increase over 2013.  Earnings in 2014 were down 5% compared to 2013 to $649,000, or $0.32 per diluted share.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (August 5th, 2014)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported all-time record quarter sales for the second quarter of 2014 at $4,924,000, and the third consecutive record sales on a quarter-to-quarter comparison.  Sales increased by 6% over the second quarter of 2013, and on a year-to-date basis are up 8%.  Earnings declined by 32% compared to the second quarter of 2013 to $198,000, or $0.10 per diluted share, but on an annual basis, earnings are up 96% over the first half of 2013 to $0.20 per diluted share.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218) 628-3245 Email: info@ikonics.com Website: www.ikonics.com (April 25th, 2014)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced record first quarter sales in 2014 of $4,465,000, 11% higher than last year’s first quarter sales of $4,022,000.  The company also posted first quarter earnings of $205,000, or $0.10 per diluted share, in the first quarter of 2014, compared with a loss of $88,000, $0.04 per share, for the comparable quarter in 2013.

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (April 25th, 2013)

DULUTH, MN - IKONICS Corporation (NASDAQ:IKNX), a Duluth based imaging technology company, announced record first quarter sales in 2013 of $4,022,000, slightly higher than last year’s record first quarter sales of $4,010,000.  The company posted a loss of $88,000 or $0.04 per share in the first quarter of 2013 compared with a loss of $62,000, $0.03 per share, for the corresponding quarter in 2012.

Ikonics Corp – CONFIDENTIALITY AGREEMENT (March 13th, 2013)

This Confidentiality Agreement (this “Agreement”), is entered into on this 11th day of March, 2013, between Ikonics Corporation, a Minnesota corporation (the “Company”), and Joseph R. Nerges, an individual resident of the State of Pennsylvania (the “Shareholder”).

Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release (February 20th, 2013)

IKONICS Corporation (NASDAQ: IKNX), a Duluth-based imaging technology company, reported a strong 2012 fourth quarter. Sales were up 8% and earnings, at $0.14 per share, were 109% higher than the fourth quarter of 2011 The Company ended 2012 with record sales of $17,312,000 — a 3% increase over 2011. Earnings for the year ended up at $0.35 per share — essentially the same as 2011.

Ikonics Corp – IKONICS CORPORATION 1995 STOCK INCENTIVE PLAN (AS AMENDED AS OF NOVEMBER 18, 2010) (March 3rd, 2011)
Ikonics Corp – 4832 Grand Avenue Duluth, MN 55807 USA Phone: (218) 628-2217 Fax: (218 628-3245 Email: info@ikonics.com Website: www.ikonics.com News Contact: Bill Ulland For Immediate Release Chairman, President & CEO February 14, 2011 (February 15th, 2011)

DULUTH, MN — IKONICS Corporation (NASDAQ:IKNX), a Duluth based imaging technology company, announced record sales for 2010 of $16,517,000, a 9% increase over 2009 and earnings of $1,114,000 or $0.56 per share compared to a loss of $0.16 per share in 2009. The 2009 loss was caused by the write-off of an investment in Imaging Technologies International in the third quarter of 2009.

Ikonics Corp – IKONICS CORPORATION 1995 STOCK INCENTIVE PLAN (AS PROPOSED TO BE AMENDED) (August 14th, 2009)
Ikonics Corp – 4842 Grand Ave., Duluth, MN 55807 Phone: 218-628-2217 Fax: 218-628-3245 www.ikonics.com info@ikonics.com NEWS RELEASE News Contact: Bill Ulland Chairman, President & CEO (218) 628-2217 For Immediate Release February 19, 2009 (February 25th, 2009)

DULUTH, MN — IKONICS Corporation (NASDAQ:IKNX), a Duluth based imaging technology company, reported 2008 earnings of $814,000, or $0.40 per share, on sales of $15,854,000. Sales were up slightly over 2007, while earnings were down from $1,170,000, or $0.57 per share, in 2007. The earnings decline was primarily due to non-cash charges in 2008, principally an increase in the LIFO inventory reserve and the write off of patent application expenses.

Ikonics Corp – NEWS RELEASE News Contact: Bill Ulland Chairman, President & CEO (218) 628-2217 For Immediate Release July 31, 2008 (July 31st, 2008)

DULUTH, MN — IKONICS Corporation, a Duluth based imaging technology company, announced today record second quarter profits of $358,000, or $0.17 per share, an 8% increase over the second quarter of 2007. Second quarter sales were down 1% to $4,330,000 compared to the second quarter of 2007. Income from operations was up 23% for the quarter and 34% for the six month period compared to the same periods in 2007. Compared to the first quarter of 2008, sales were up 15% and earnings up 23%.

Ikonics Corp – NEWS RELEASE News Contact: Bill Ulland For Immediate Release Chairman, President & CEO April 24, 2008 (April 24th, 2008)

DULUTH, MN — IKONICS Corporation (Nasdaq: IKNX), a Duluth based imaging technology company, announced today record 2008 first quarter sales of $3,781,000, an 8% increase over the first quarter of last year. Operating income was $47,000 compared to a small loss for the first quarter of 2007. Net earnings were $106,000, or $0.05 per share, a $33,000 decrease compared to the first quarter of 2007, which benefited from a one time $55,000 gain on the sale of our interests in Apprise Technologies and a $55,000 tax benefit.

Ikonics Corp – NEWS RELEASE News Contact: Bill Ulland For Immediate Release Chairman, President & CEO August 7, 2007 (August 10th, 2007)

DULUTH, MN — IKONICS Corporation, a Duluth based imaging technology company, announced today earnings for the second quarter of 2007 of $331,000 or $0.16 per share compared to $0.17 per share for the second quarter of 2006. Sales were a record $4,375,000, a 7% increase over the same period in 2006 and a 25% increase over the first quarter of 2007. Sales growth in 2007 is mainly attributable to image mate™ shipments. The image mate™ brand was acquired in December 2006.

Chromaline Corp – 1995 STOCK INCENTIVE PLAN (December 16th, 1999)
Chromaline Corp – REVOLVING CREDIT AGREEMENT (May 26th, 1999)
Chromaline Corp – 1995 STOCK INCENTIVE PLAN (April 7th, 1999)
Chromaline Corp – AGREEMENT REGARDING NON-DISCLOSURE (April 7th, 1999)
Chromaline Corp – REVOLVING CREDIT AGREEMENT (April 7th, 1999)
Chromaline Corp – SEPARATION AGREEMENT (April 7th, 1999)
Chromaline Corp – CONSULTING AGREEMENT (April 7th, 1999)