ILI Imagine Lithium Inc

ILI Technologies (TSX VENTURE:ILI) is pleased to announce that its 100 % wholly
owned subsidiary Cdn Oilfield Technologies & Solutions S. de R.L de C.V.
("COTS") has received a purchase order from an established Mexican corporation
with over 30 years experience working directly with Pemex (the nationally owned
Mexican oil and gas company), representing $10.1 million pesos (approximately
$800,000 Cdn) to supply Flexsteel flexible pipe products and associated
connectors in Mexico. This is the first order received for the use of Flexsteel
products and marks the first success in the company's efforts to diversify its
revenues. 


Cots will be working closely with officials of Pemex, the Mexican corporation
and authorized installers of Flexsteel to manage the relationships between the
parties and closely monitor all phases of the project. Under the terms of the
purchase order multiple gathering lines ranging from 1.1 to 3.1 km in length
will be installed utilizing the manufacturer's high pressure pipe product for
the new construction of discharge lines to transport hydro carbons from
producing gas wells to the collection stations. Delivery is scheduled to
commence at the beginning of April 2011 in accordance with the installation
schedule authorized by Pemex. In addition, ILI will start to build an inventory
base for the products in Mexico to meet anticipated future demands and give
expedited service to our clients to avoid backlogs. 


Phil D'Angelo states, "This is a significant milestone for the Corporation and
changes the dynamics of the company. COTS has formed the basis for a long term
relationship devoting a considerable amount of resources, assisting Pemex with
all phases of the approval process, establishing new policies, procedures,
testing requirements and pricing models in support of the Flexteel products to
ensure longevity and product reliability. New product evaluation, endorsement
and certification internationally are a timely process often taking 3 to 4 years
to execute. Not only was this accomplished in record time, the company is now in
a position to execute bringing added value to shareholders. We fully anticipate
continued success and look forward to expanding our business in Mexico." 


About Flexsteel 

Flexsteel is owned and manufactured by Prime Flexible Products, a world-leading
designer and manufacturer of high-quality flexible pipeline products, systems
and solutions for gas and fluid transportation. The advantages of Flexsteel
versus current steel applications are reduced friction, reduced retention,
pressure drop to increase flow, superior insulation properties to enhance heat
operating temperature up to 60 degrees centigrade, superior corrosion resistance
and increased flexibility. 


Flexsteel pipe products conform to the Pemex specification P.2.0730,02 issued
September 2010 meeting all certification requirements and API standards for
Unbonded Flexible Pipe for use in Mexico.


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, anticipated sales of the company and completion
of installation projects . Although we believe that the expectations reflected
in the forward-looking information are reasonable, there can be no assurance
that such expectations will prove to be correct. We cannot guarantee future
results, performance or achievements. Consequently, there is no representation
that the actual results achieved will be the same, in whole or in part, as those
set out in the forward-looking information. 


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but
are not limited to: general economic conditions in Canada and Mexico and
globally; industry conditions, governmental regulation, including environmental
regulation; unanticipated operating events or performance; failure to obtain
industry partner and other third party consents and approvals, if and when
required; the availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market volatility;
competition for, among other things, capital, skilled personnel and supplies;
changes in tax laws; currency fluctuations; and the other industry and
geographic specific risk factors. Investors are cautioned that this list of risk
factors should not be construed as exhaustive.  


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Investors are cautioned not to place undue reliance on
forward-looking information. 


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any state of
the United States or any other jurisdiction outside of Canada in which such
offer, solicitation or sale would be unlawful. The securities have not been
registered under the U.S. Securities Act of 1933, as amended, or any state
securities laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the U.S. Securities Act of 1933 and applicable state securities laws.

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