IMCO Impco Technologies (MM)

IMPCO to Supply Leading Forklift Manufacturer With Certified Engines Worth US$25,000,000 in 2004 CERRITOS, Calif., Dec. 2 /PRNewswire-FirstCall/ -- IMPCO Technologies, Inc. The company announced today they have secured a 3-year agreement with NACCO Materials Handling Group (NMHG), a market leader in lift truck manufacturing, to supply NMHG with CARB and U.S. EPA 2004 emission compliant engines for their industrial forklifts which are marketed under the Hyster and Yale brand name. Value of the supply agreement is expected to exceed $25,000,000 in the first year of the agreement. The emission certified GM engines, which will meet the new 2004 EPA emission requirements, will utilize IMPCO's patented Spectrum(R) electronic emissions control and fueling system. The Spectrum(R) technology incorporates many state of the art and advanced features including speed control, engine protection, computer assisted throttle control and diagnostics, thereby providing NMHG's customers with the power and quality they have come to expect from Hyster and Yale lift trucks. Brad Garner, Vice President and Chief Operating Officer of IMPCO Technologies stated, "We have worked very closely with NMHG in developing a CARB and U.S. EPA emission compliant engine family, that is versatile and flexible in meeting the high expectations of NMHG and their Hyster and Yale customers. We feel that this agreement strongly establishes IMPCO as the market leader in the emission certified engine business." Regarding IMPCO: IMPCO and BRC design, manufacture, market and supply advanced alternative fuel systems and related products for the transportation, industrial and power generation markets. Headquartered in Cerritos, California and Cherasco, Italy, they have offices in Asia, Europe, Australia and South and North America. More information can be found at IMPCO's web site, http://www.impco.ws/ and at BRC's web site, http://www.brc.it/ . This press release may include statements, expectations and assumptions which are considered forward-looking statements. Such forward-looking statements include, but are not limited to, the company's expectations regarding revenues and earnings in future periods. Such statements are subject to a number of risks and uncertainties, and actual results could differ materially from those discussed in any forward-looking statement. Reference should also be made to the risk factors set forth from time to time in the Company's SEC reports, including but not limited to those contained in the section entitled "Risk Factors" in its Transition Report on Form 10-K for the period ended December 31, 2002. For further information contact Mr. Dale Rasmussen, Investor Relations: Email: Phone: +1-206-315-8242 Fax: +1-206-315-8301 DATASOURCE: IMPCO CONTACT: Dale Rasmussen, Investor Relations of IMPCO, +1-206-315-8242, or fax, +1-206-315-8301, Web site: http://www.brc.it/ Web site: http://www.impco.ws/

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