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Tuesday, 05/30/2006 11:11:56 PM

Tuesday, May 30, 2006 11:11:56 PM

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iKarma Expands to Germany
iKarma.com Signs Marco Ripanti to Head German Expansion

JUPITER, FL -- (MARKET WIRE) -- 05/30/2006 -- iKarma Inc. (PINKSHEETS: IKMA) is proud to announce the appointment of Marco Ripanti, CEO of Die Bildungsgruppe (English translation. The Education Group http://bildungsgruppe.de), as the exclusive representative for iKarma in Germany. "This is the first partnership we've finalized since we announced our international expansion plans on April 24th, 2006," says Paul Williams, CEO of iKarma Inc. "We're very excited about the potential of the German market."

"I'm very happy for this opportunity to introduce iKarma to Germany and I look forward to enhancing business networking and relationships with this fantastic new reputation service," adds Mr. Ripanti. "Work has already begun on the German translation of iKarma.com for the German iKarma.de domain."

Mr. Marco Ripanti and his firm Die Bildungsgruppe operate several popular German internet portals covering areas of Education, Finance and Business, and will immediately begin integrating the iKarma reputation manager into these sites as well as promoting the use of iKarma across the entire Germany market.

Highlighted Links
iKarma Inc.

About iKarma, Inc.

iKarma Inc. is a public company that trades on the Pink Sheets under the symbol IKMA. Based in Jupiter, Florida, iKarma Inc. specializes in providing reputation and customer feedback systems for businesses and professionals. iKarma's mission is to help create prosperity and commerce by bringing greater trust and openness to business transactions. iKarma is a proud member of WOMMA, The Word of Mouth Marketing Association. For more information visit: www.iKarma.com.

About Marco Ripanti

Marco Ripanti is the CEO of Die Bildungsgruppe. Mr. Ripanti is an active player in the field of advanced education and has taught online marketing and new media for over 6 years. In 2002 he founded his company Die Bildungsgruppe (English translation. The Education Group). Die Bildungsgruppe develops, designs and operates "online knowledge marketplaces" for the German and international marketplace. Mr. Ripanti created and operates twelve of these online marketplaces, each with the goal of bringing bankers, students, consultants and tutors together for networking and information exchange.

For additional information about Marco Ripanti, check Marco's iKarma: http://iKarma.com/id/9232

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, including the Company's expectations or beliefs concerning, among other things, future operating results and various components thereof. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition, (ii) changes in the demand for e-commerce and internet based businesses and (iii) changes in general economic conditions. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.

For general information about iKarma, visit http://www.iKarma.com.


For further information, contact:

iKarma Inc.
1203 Town Center Drive
Suite 212
Jupiter, FL 33458
(561) 427-7285
(561) 427-7881 Fax
info@iKarma.com
http://www.iKarma.com

SOURCE: iKarma Inc.

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