Nov. 8, 2006 — Ecology Coatings Inc., an Akron, Ohio, developer of nano-engineered industrial coatings for cleaner, more efficient manufacturing, announced it has entered into a letter of intent with OCIS Corp. (OTCBB: OCIC.OB) to become publicly held through a reverse merger.

Under the terms of the agreement, Ecology Coatings shareholders will exchange their stock for OCIS stock in a merger transaction. As a result of the exchange, the Ecology Coatings shareholders will control OCIS and change its name to “Ecology Coatings Inc.”

As part of the transaction, Ecology Coatings is completing a private placement of its securities to a group of accredited investors. The management of Ecology Coatings will become the management of the public company.

Richard Stromback, Ecology Coatings’ chairman, said in a prepared statement that the transaction will give the company access to the capital markets, provide a platform for it to achieve higher public visibility and allow investors to value the company in relation to its publicly-traded peers.

The transaction is subject to the parties entering into a definitive agreement, which will contain conditions typical in a transaction of this nature. The parties intend to close the deal within 90 to 120 days.