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Inovaxe to Exhibit an INOCART-3BAY System at Nepcon East 2008

Apr 17, 2008

SARASOTA, FL � April 16, 2008 - Inovaxe Corp., a leader in delivering inventory control to electronics manufacturers, announces that it will exhibit a three-bay INOCART material handling system (INOCART-3BAY), in booth 953 at the upcoming Nepcon East exhibition and conference, scheduled to take place April 30-May 1, 2008 at the Boston Convention & Exhibition Center in Boston.

Inovaxe develops unique and innovative solutions for supply chain management and inventory control issues. Inovaxe solutions combine state-of-the-art material handling systems (INOCART) with simple to use, powerful software applications (INOKIT).

The Inovaxe solution combines business intelligence software with a unique perspective on material handling equipment to bridge the gap left by traditional MRP/Accounting software packages. Additionally, the total solution increases visibility, presents actionable data, minimizes inventory liabilities and reduces cost at every step in the process.

INOCART is a material handling solution that allows numerous electronic package types to be stored in a secure, controlled manner, whether it be reels, tubes, waffle trays, or printed circuit boards (PCBs). The material handling system helps increase inventory accuracy, reduces product nonconformance, and dramatically reduces floor space dedicated to inventory management.

INOCART is a mobile bonded stockroom capable of locating wherever material is needed throughout the production plant. It eliminates the need for inflexible caged bonded stockrooms as INOCART is fully locking.

Available in a variety of sizes including one, two and three bays wide, INOCART has a maximum storage capacity up to 1,200+ component packages in distinct locations in a very small footprint. Each individual location is given its own unique barcode, which is the basis for managing inventory and kitting functions.

INOCART offers users many benefits, including the ability to receive material directly into INOCART on the dock, eliminating non-value added labor and the effort of moving/transacting material into another stockroom after receipt. Customers can load their SMT line directly from INOCART on the line, eliminating the additional non-value added step of kitting and staging of jobs prior to running on the SMT lines. Quality problems, resulting from traditional kitting of jobs, are eliminated, as operators no longer have to rummage through buckets/bins of component packages while loading SMT feeders.

Visit http://www.inovaxe.com for short flash presentations of the company�s solution set.

About Inovaxe Corp.

Inovaxe Corporation is a Business Intelligence (BI) provider focused on delivering supply chain management solutions to electronic manufacturers. The company�s Web-based software solutions are cost reducing, and easier to use and manage than traditional enterprise software installations. The Inovaxe solution binds leading edge software with innovative material handling hardware, which resolves the typical �black holes� of Supply Chain and Inventory Management. For more information, e-mail the Inovaxe at info@inovaxe.com or visit the Web site at http://www.inovaxe.com.

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