**CODE      OF BUSINESS CONDUCT AND ETHICS**
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***iCurie,      Inc.’s Code of Business Conduct and Ethics (the “Code”) embodies policies      encouraging individual and peer integrity, ethical behavior and our      responsibilities to our employees, customers, suppliers, stockholders, and      the      public, and includes:***

|   | · | ***Prohibiting                conflicts of interest (including protecting corporate                opportunities)*** |
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|   | · | ***Protecting                our confidential and proprietary information and that of our customers                and                vendors*** |
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|   | · | ***Treating                our employees, customers, suppliers and competitors                fairly*** |
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|   | · | ***Encouraging                full, fair, accurate, timely and understandable                disclosure*** |
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|   | · | ***Protecting                and properly using company                assets*** |
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|   | · | ***Complying                with laws, rules and regulations (including insider trading                laws)*** |
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|   | · | ***Encouraging                the reporting of any unlawful or unethical                behavior*** |
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***The      information below are those portions of our code of business conduct and ethics,      which address the issues listed above.***

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**Note:          **

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**iCURIE,      INC.**

**CODE      OF BUSINESS CONDUCT AND ETHICS**

| **1.** | **Policy                Statement** |
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|   | · | Am                I following the spirit, as well as the letter, of any law or Company                policy? |
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|   | · | Would                I want my actions reported in the                press? |
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|   | · | What                would my family, friends or neighbors think of my                actions? |
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|   | · | Will                there be any direct or indirect negative consequences for the                Company? |
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| **2.** | **Compliance                with Laws and Regulations** |
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***The      Company seeks to comply with both the letter and spirit of the laws and      regulations in all countries in which it operates.***

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**,**

| **3.** | **Full,                Fair, Accurate, Timely and Understandable                Disclosure** |
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|   | · | transactions                are executed in accordance with management’s general or specific                authorization; |
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|   | · | transactions                are recorded as necessary (a) to permit preparation of financial                statements in conformity with generally accepted accounting principles                or                any other criteria applicable to such statements, and (b) to maintain                accountability for assets; |
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|   | · | access                to assets is permitted, and receipts and expenditures are made, only                in                accordance with management’s general or specific authorization;                and |
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|   | · | the                recorded accountability for assets is compared with the existing                assets at                reasonable intervals and appropriate action is taken with respect                to any                differences, all to permit prevention or timely detection of unauthorized                acquisition, use or disposition of assets that could have a material                effect on the Company’s financial                statements. |
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| **4.** | **Special                Ethics Obligations For Employees With Financial Reporting                Responsibilities** |
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|   | · | Perform                his or her duties in an honest and ethical                manner. |
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|   | · | Handle                all actual or apparent conflicts of interest between his or her personal                and professional relationships in an ethical                manner. |
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|   | · | Take                all necessary actions to ensure full, fair, accurate, timely, and                understandable disclosure in reports and documents that the Company                files                with, or submits to, government agencies and in other public                communications. |
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|   | · | Comply                with all applicable laws, rules and regulations of federal, state                and                local governments. |
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|   | · | Proactively                promote and be an example of ethical behavior in the work                environment. |
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| **5.** | **Insider                Trading** |
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***You      should never trade securities on the basis of confidential information acquired      through your employment or fiduciary relationship with the      Company.***

*** ***
*** ***
**Officers,      directors and certain other employees of the Company are subject to additional      responsibilities under the Company’s Insider Trading Compliance policy, a copy      of which has been provided to each such officer, director and employee, and      which can be obtained from the Company’s Compliance      Officer.**

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| **6.** | **Conflicts                of Interest and Corporate                Opportunities** |
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***You      must avoid any situation in which your personal interests conflict or even      appear to conflict with the Company***
**’**
**s      interests. You owe a duty to the Company not to compromise the      Company**
**’**
**s      legitimate interests and to advance such interests when the opportunity to      do so      arises in the course of your employment. **

|   | · | you,                or a member of your family, receive improper personal benefits as                a result                of your position in the Company; |
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|   | · | you                use Company’s property for your personal                benefit; |
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|   | · | you                engage in activities that interfere with your loyalty to the Company                or                your ability to perform Company duties or responsibilities                effectively; |
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|   | · | you                work simultaneously (whether as an employee or a consultant) for                a                competitor, customer or supplier; |
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|   | · | you,                or a member of your family, have a financial interest in a customer,                supplier, or competitor which is significant enough to cause divided                loyalty with the Company or the appearance of divided loyalty (the                significance of a financial interest depends on many factors, such                as size                of investment in relation to your income, net worth and/or financial                needs, your potential to influence decisions that could impact your                interests, and the nature of the business or level of competition                between                the Company and the supplier, customer or                competitor); |
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|   | · | you,                or a member of your family, acquire an interest in property (such                as real                estate, patent or other intellectual property rights or securities)                in                which you have reason to know the Company has, or might have, a legitimate                interest; |
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|   | · | you,                or a member of your family, receive a loan or a guarantee of a loan                from a                customer, supplier or competitor (other than a loan from a financial                institution made in the ordinary course of business and on an arm’s-length                basis); |
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|   | · | you                divulge or use the Company’s confidential information - such as financial                data, customer information, or computer programs - for your own personal                or business purposes; |
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|   | · | you                make gifts or payments, or provide special favors, to customers,                suppliers                or competitors (or their immediate family members) with a value                significant enough to cause the customer, supplier or competitor                to make a                purchase, or take or forego other action, which is beneficial to                the                Company and which the customer, supplier or competitor would not                otherwise                have taken; or |
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|   | · | you                are given the right to buy stock in other companies or you receive                cash or                other payments in return for promoting the services of an advisor,                such as                an investment banker, to the                Company. |
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**must**

| **7.** | **Confidentiality** |
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***All      confidential information concerning the Company obtained by you is the property      of the Company and must be protected.***

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| **8.** | **Fair                Dealing** |
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***Our      goal is to conduct our business with integrity.***

|   | · | bribery                or payoffs to induce business or breaches of contracts by                others; |
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|   | · | acquiring                a competitor's trade secrets through bribery or                theft; |
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|   | · | making                false, deceptive or disparaging claims or comparisons about competitors                or                their products or services; or |
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|   | · | mislabeling                products or services. |
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| **9.** | **Protection                and Proper Use of Company                Assets** |
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***You      should endeavor to protect the Company***
**’**
**s      assets and ensure their proper use. **

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| **10.** | **Reporting                Violations of Company Policies and Receipt of Complaints Regarding                Financial Reporting or Accounting                Issues** |
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***You      should report any violation or suspected violation of this Code to the      appropriate Company personnel or via the Company***
**’**
**s      anonymous and confidential reporting procedures.**

|   | · | In                the event you believe a violation of the Code, or a violation of                applicable laws and/or governmental regulations has occurred or you                have                observed or become aware of conduct which appears to be contrary                to the                Code, immediately report the situation to your supervisor, Compliance                Officer** **or                the Chair of the Audit Committee. Supervisor or managers who receive                any                report of a suspected violation must report the matter to the Compliance                Officer. |
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|   | · | If                you have or receive notice of a complaint or concern regarding the                Company’s financial disclosure, accounting practices, internal accounting                controls, auditing, or questionable accounting or auditing matters,                you                **must**                immediately advise your supervisor, Compliance Officer** **or                the Chair of the Audit Committee. |
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|   | · | If                you wish to report any such matters anonymously or confidentially,                then                you may do so as follows: |
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|   | · | Use                common sense and good judgment; Act in good faith.                You are expected to become familiar with and to understand the                requirements of the Code. If you become aware of a suspected violation,                don’t try to investigate it or resolve it on your own. Prompt disclosure                to the appropriate parties is vital to ensuring a thorough and timely                investigation and resolution. The circumstances should be reviewed                by                appropriate personnel as promptly as possible, and delay may affect                the                results of any investigation. A violation of the Code, or of applicable                laws and/or governmental regulations is a serious matter and could                have                legal implications. Allegations of such behavior are not taken lightly                and                should not be made to embarrass someone or put him or her in a false                light. Reports of suspected violations should always be made in good                faith. |
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|   | · | Internal                investigation.                When an alleged violation of the Code, applicable laws and/or governmental                regulations is reported, the Company will take appropriate action                in                accordance with the compliance procedures outlined in Section 11 of                the Code. You are expected to cooperate in internal investigations                of                alleged misconduct or violations of the Code or of applicable laws                or                regulations. |
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|   | · | No                fear of retaliation.                It is Company policy that there be no intentional retaliation against                any                person who provides truthful information to a Company or law enforcement                official concerning a possible violation of any law, regulation or                Company                policy, including this Code. Persons who retaliate may be subject                to                civil, criminal and administrative penalties, as well as disciplinary                action, up to and including termination of employment. In cases in                which                you report a suspected violation in good faith and are not engaged                in the                questionable conduct, the Company will attempt to keep its discussions                with you confidential to the extent reasonably possible. In the course                of                its investigation, the Company may find it necessary to share information                with others on a “need to know” basis. No retaliation shall be taken                against you for reporting alleged violations while acting in good                faith. |
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| **11.** | **Compliance                Procedures** |
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|   | · | Compliance.                You are expected to become familiar with and understand the requirements                of the Code. Most importantly, you must comply with                it. |
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|   | · | CEO                Responsibility.                The Company’s CEO shall be responsible for ensuring that the Code is                established and effectively communicated to all employees, officers                and                directors. Although the day-to-day compliance issues will be the                responsibility of the Company’s managers, the CEO has ultimate                accountability with respect to the overall implementation of and                successful compliance with the Code. |
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|   | · | Corporate                Compliance Management.                The CEO shall select an employee to act as the Corporate Compliance                Officer. The Corporate Compliance Officer is currently David M. Walker.                The Compliance Officer’s charter is to ensure communication, training,                monitoring, and overall compliance with the Code. The Compliance                Officer                will, with the assistance and cooperation of the Company’s officers,                directors and managers, foster an atmosphere where employees are                comfortable in communicating and/or reporting concerns and possible                Code                violations. |
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|   | · | Internal                Reporting of Violations.                The Company’s efforts to ensure observance of, and adherence to, the goals                and policies outlined in this Code mandate that all employees, officers                and directors of the Company report suspected violations in accordance                with Section 9 of this Code. |
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|   | · | Screening                of Employees.                The Company shall exercise due diligence when hiring and promoting                employees and, in particular, when conducting an employment search                for a                position involving the exercise of substantial discretionary authority,                such as a member of the executive team, a senior management position                or an                employee with financial management responsibilities. The Company                shall                make reasonable inquiries into the background of each individual                who is a                candidate for such a position. All such inquiries shall be made in                accordance with applicable law and good business practice. |
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|   | · | Access                to the Code.                The Company shall ensure that employees, officers and directors may                access                the Code on the Company’s website or otherwise. In addition, each current                employee will be provided with a copy of the Code. New employees                will                receive a copy of the Code as part of their new hire information.                From                time to time, the Company will sponsor employee training programs                in which                the Code and other Company policies and procedures will be                discussed. |
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|   | · | Monitoring.                The officers of the Company shall be responsible to review the Code                with                all of the Company’s managers. In turn, the Company’s managers with                supervisory responsibilities should review the Code with his/her                direct                reports. Managers are the “go to” persons for employee questions and                concerns relating to the Code, especially in the event of a potential                violation. Managers or supervisors will immediately report any violations                or allegations of violations to the Compliance Officer. Managers                will work                with the Compliance Officer** **in                assessing areas of concern, potential violations, any needs for                enhancement of the Code or remedial actions to effect the Code’s policies                and overall compliance with the Code and other related policies. |
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|   | · | Auditing.                An internal audit team selected by the Audit Committee (and in the                absence                of an Audit Committee, the Board of Directors) will be responsible                for                auditing the Company’s compliance with the Code. |
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|   | · | Internal                Investigation.                When an alleged violation of the Code is reported, the Company shall                take                prompt and appropriate action in accordance with the law and regulations                and otherwise consistent with good business practice. If the suspected                violation appears to involve either a possible violation of law or                an                issue of significant corporate interest, or if the report involves                a                complaint or concern of any person, whether employee, a shareholder                or                other interested person regarding the Company’s financial disclosure,                internal accounting controls, questionable auditing or accounting                matters                or practices or other issues relating to the Company’s accounting or                auditing, then the manager or investigator should immediately notify                the                Compliance Officer. ** **If                a suspected violation involves any director or executive officer                or if the                suspected violation concerns any fraud, whether or not material,                involving                management or other employees who have a significant role in the                Company’s                internal controls, any person who received such report should immediately                report the alleged violation to the Compliance Officer, if appropriate,                the Chief Executive Officer and/or Chief Operations Officer, and,                in every                such case, the Chairman of the Audit Committee. The Compliance Officer                or                the Chairman of the Audit Committee, as applicable, shall assess                the                situation and determine the appropriate course of action. At a point                in                the process consistent with the need not to compromise the investigation,                a person who is suspected of a violation shall be apprised of the                alleged                violation and shall have an opportunity to provide a response to                the                investigator. |
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|   | · | Disciplinary                Actions.                Subject to the following sentence, the Compliance Officer shall be                responsible for implementing the appropriate disciplinary action                in                accordance with the Company’s policies and procedures for any employee who                is found to have violated the Code. If a violation has been reported                to                the Audit Committee or another committee of the Board, that Committee                shall be responsible for determining appropriate disciplinary action.                Any                violation of applicable law or any deviation from the standards embodied                in this Code will result in disciplinary action, up to and including                termination of employment. **Any                employee engaged in the exercise of substantial discretionary authority,                including any Senior Officer, who is found to have engaged in a violation                of law or unethical conduct in connection with the performance of                his or                her duties for the Company, shall be removed from his or her position                and                not assigned to any other position involving the exercise of substantial                discretionary authority.**In                addition to imposing discipline upon employees involved in non-compliant                conduct, the Company also will impose discipline, as appropriate,                upon an                employee’s supervisor, if any, who directs or approves such employees’                improper actions, or is aware of those actions but does not act                appropriately to correct them, and upon other individuals who fail                to                report known non-compliant conduct. In addition to imposing its own                discipline, the Company will bring any violations of law to the attention                of appropriate law enforcement                personnel. |
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|   | · | Retention                of Reports and Complaints.                All reports and complaints made to or received by the Compliance                Officer                or the Chair of the Audit Committee shall be logged into a record                maintained for this purpose by the Compliance Officer and this record                of                such report shall be retained for five (5)                years. |
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|   | · | Required                Government Reporting.                Whenever conduct occurs that requires a report to the government,                the                Compliance Officer shall be responsible for complying with such reporting                requirements. |
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|   | · | Corrective                Actions.                Subject to the following sentence, in the event of a violation of                the                Code, the manager and the Compliance Officer should assess the situation                to determine whether the violation demonstrates a problem that requires                remedial action as to Company policies and procedures. If a violation                has                been reported to the Audit Committee or another committee of the                Board,                that committee shall be responsible for determining appropriate remedial                or corrective actions. Such corrective action may include providing                revised public disclosure, retraining Company employees, modifying                Company                policies and procedures, improving monitoring of compliance under                existing                procedures and other action necessary to detect similar non-compliant                conduct and prevent it from occurring in the future. Such corrective                action shall be documented, as appropriate. |
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|   | · | Absence                of Audit Committee.                Although the Company plans to establish an Audit Committee, such                a                committee is not required until the Company lists its shares on NASDAQ                or                a national exchange. If at any time the Company does not have an                Audit                Committee, the responsibility of the Audit Committee set forth herein                will                be conducted by another duly authorized board committee, the entire                Board                of Directors, or the Compliance Officer, as                appropriate. |
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| **12.** | **Publication                of the Code of Business Conduct and Ethics****;****Amendments                and Waivers of the Code of Business Conduct and                Ethics** |
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Any      substantive amendment or waiver of this Code (i.e., a material departure from      the requirements of any provision) particularly applicable to or directed at      executive officers or directors may be made only after approval by the Board      of      Directors** **and      will      be disclosed within five (5) business days of such action (a) on the Company’s      website for a period of not less than twelve (12) months and (b) in a Form      8-K      filed with the Securities and Exchange Commission. Such disclosure shall include      the reasons for any waiver. The Company shall retain the disclosure relating      to      any such amendment or waiver for less than five (5) years.

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