Inovaxe Wins a 2008 NPI Award for Its Innovative INOCART-MSD

SARASOTA, FL � March 31, 2008 � Inovaxe Corp., a leader in delivering inventory control solutions to electronics manufacturers, announces that it has been awarded a NPI Award in the category of Automation Tools for its INOCART-MSD, a true solution for managing moisture sensitive devices (MSD). The award was presented to the company during a Monday, March 31, 2008 ceremony that took place in the Mandalay Bay Resort & Convention Center in Las Vegas before the start of APEX 2008.

Through its innovative individual cell design, INOCART-MSD effectively manages multiple component reel sizes and waffle trays in a low relative humidity safe storage condition.

Included with each INOCART-MSD is the company�s revolutionary MSD tracking and timing software solution. This advanced solution continues in the Inovaxe philosophy of inventory control through ONE PACKAGE/ONE LOCATION.

Available in two configurations, 66 individual cells and 33 individual cells, INOCART-MSD provides users with numerous technological features, including cells that disengage from the centralized �hive� when the door is opened, allowing environmental control to be maintained in all of the other cells. This design feature eliminates factory ambient exposure to all other components in the safe storage condition. The system uses multiple forced convection desiccant drying modules that are capable of reaching very low humidity levels. The multiple drying modules allow for the automatic regeneration (drying) of the desiccant. The low relative humidity levels attained by the INOCART-MSD allow the system to effectively manage MSD levels of 2, 2a 3, 4, 5 and 5a. The digital display shows temperature and relative humidity percentage within the material handling system.

The INOCART-MSD included software features benefits unavailable with other material handling systems. The MSD tracking software triggers when a package is moved from �safe storage� to �factory ambient� conditions and starts progressing remaining floor life in accordance with its specific MSD level per J-STD-033A. Additional benefits include an on-screen alarm that indicates when a user-defined percentage of floor life is reached. Conversely the tracking software monitors the regeneration of component floor life when moved from �factory ambient� condition to �safe storage.� The MSD Dashboard displays the condition and state of each package in the factory including assigned MSD level, MSD status, percentage and hours of floor life remaining as well as quantity and location of parts; and MSD status flags that show parts in �factory ambient,� �safe storage,� drying, baking or exceeded allowed floor life conditions.

Premiering in 2008, the NPI Awards program is an annual celebration of product excellence in electronics surface mount assembly. Premier products based on the finest examples of creative advancement in technology are chosen by a distinguished panel of industry experts.

About Inovaxe Corp.

Inovaxe Corporation is a Business Intelligence (BI) provider focused on delivering inventory control solutions to electronic manufacturers. The Inovaxe solution binds leading edge software with innovative material handling hardware, which resolves the typical �black holes� of Inventory Management. For more information, e-mail Inovaxe at info@inovaxe.com or visit the Web site at http://www.inovaxe.com.