IMCO Impco Technologies (MM)

BRC Commercializes New Patented Gaseous Fuel Injector CHERASCO, Italy, Dec. 11 /PRNewswire-FirstCall/ -- IMPCO/BRC Technologies, Inc. The BRC company announced today that it will commence production of a new patented gaseous fuel injector beginning this month at the company's manufacturing facility in Cherasco, Italy. Mass production of this new patented and proprietary technology is the result of a significant investment that included a three-year research and development project and exhaustive field durability testing where the product has performed very successfully. The company projects sales of this new product at $1.5 million in 2004. The company is capable of reaching an annual production capacity of over 200,000 injectors per year as new Original Equipment Manufacturer (OEM) contracts are captured. The launching of this injector marks a very important step forward for BRC in strengthening its position as the leading worldwide supplier of clean burning gaseous systems and components to the automotive market. The injector has been designed to operate in a broad range of OEM and Aftermarket vehicle applications from small and large automobiles through heavy trucks and buses. Successful pre-launch trails have resulted in the injector being specified and commercialized by automotive and bus OEMs. The injectors are also being evaluated by OEMs in the material handling, irrigation and other industrial markets for use in their off-highway engine applications. The BRC IN03 injector has a unique patented bottom feed design that provides for a significant competitive advantage. The injector has been developed according to SAEJ1832 specifications and homologated according to ISO15500, E67-01 regulations for liquefied petroleum gas use and R110 regulations for compressed natural gas use. Regarding IMPCO & BRC: 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. These statements include, but are not limited to, management's expectations as to future markets for the company's products and the company's ability to realize revenues and profits from existing and anticipated orders. These statements represent management's current expectations based on information available as of the date of this release, and we cannot undertake to update these statements. Moreover, because our forward-looking statements represent projections and expected results of operations, they are subject to various risks and uncertainties, many of which are beyond management's ability to control. Accordingly, readers should not construe forward-looking statements as assurances of performance or as promises of any specific course of action. Some of the factors that may cause our actual results to fall short of expectations include our ability to ship conforming products in a timely fashion, our ability to collect amounts payable under our contracts, our ability to continue to grow our existing product lines and develop new product lines, and our potential to lose business if federal or state environmental laws or regulations are relaxed or if prices for alternative fuels increase more rapidly than for conventional fuels. Other factors that may have a material adverse impact on our business include 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 Registration Statement on Form S-1 declared effective on September 22, 2003 and 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.impco.ws/ http://www.brc.it/

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