Icoworks Inc.'s wholly owned subsidiary, Icoworks Eastern Limited ("Icoworks"), has acquired the hardwood flooring inventories of Janus Flooring Corp., as well as the equipment and other contents of its hardwood flooring manufacturing plant, and anticipates liquidating the inventory for total gross sales of approximately CDN $3.2 Million.

Icoworks will be liquidating the hardwood flooring which includes red and white oak, maple, birch, ash, bamboo, exotics and parquet flooring, as well as auctioning all manufacturing equipment including moulds, saws and dust collectors. The liquidation will be held at 1, Laird Drive, Toronto, Ontario at 8 a.m. EST on Nov. 30.