FriCSo Wins Award of Excellence from the Chief Scientist of Israel's Ministry of Industry, Trade and Labor

Farmington Hills, MI, May 13, 2005. FriCSo Ltd. (www.fricso.com) today announced that it has won an Award of Excellence from the Chief Scientist of Israel's Ministry of Industry, Trade and Labor, Dr. Eli Opper. FriCSo has developed a unique technology that reduces friction and extends life of machines, engines, transmission systems, turbines, pumps, bearings and other systems.

FriCSo was presented with the award for its meritorious achievements in the development of a preliminary idea into a sophisticated and innovative commercial product that is competitive in international markets.

FriCSo's technology has five major advantages: friction and wear reduction, energy saving, increased power efficiency, maintenance reduction and pollution reduction. FriCSo's technology eliminates the use of non-environment-friendly coating materials.

FriCSo's unique patent-pending Combined Micro-Relief (CMR) technology forms a highly stable and durable lubricant layer between the moving surfaces. This unique intermediary lubricant layer enables exceptional surface lubricity and unprecedented tribological behavior. The oil film is constantly maintained and metal-to-metal contact is avoided, even under severe conditions.

The revolutionary technology comprises two primary surface treatments: a proprietary lapping technique using a special lapping material developed by FriCSo, and a proprietary surface texturing technique using special software. The CMR technology can be applied to a range of sizes, geometries and materials. It is easily applied to existing manufacturing lines - no need to invest in new machinery.

The Chief Scientist of Israel's Ministry of Industry, Trade and Labor presents excellence awards to outstanding R&D projects at Israel's technological incubators. In 2004 FriCSo was a member of L.N. Innovative Technologies incubator, and a few months ago it raised $850,000 from private investors and $1 million from Aviv Venture Capital, and became an independent company.

About FriCSo Ltd.
Founded in 2003, FriCSo (www.fricso.com) has developed a revolutionary proprietary technology that enables near-frictionless motion of moving parts. FriCSo's unique patent-pending Combined Micro-Relief (CMR) technology forms a highly stable, durable and uniform lubricant layer between the moving surfaces. The company's headquarters is located in Farmington Hills, MI, near Detroit - the heart of the US automotive industry. The R&D center is located in the Tirat Hacarmel industrial area, Israel. The company is owned by Aviv Venture Capital, LN Innovative Technologies, the entrepreneurs and private investors.

Contact:
David Kanaan
Kanaan Public Relations
Tel.: +972-3-5408188
e-mail: david@kanaan.co.il