IMCO Impco Technologies (MM)

IMPCO Technologies Closes $9.6 Million Private Placement of Common Stock CERRITOS, Calif., Dec. 22 /PRNewswire-FirstCall/ -- IMPCO Technologies, Inc. , today announced that they have closed a $9.6 million private placement financing of common stock with several large institutional investors. IMPCO sold a total of 1.5 million shares at $6.40 per share. The financing was placed by Adams, Harkness & Hill. Robert M. Stemmler, CEO and Chairman, said, "This funding provides IMPCO with the working capital we need to fund the growth we expect in our certified engine products for the U.S. industrial market." This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities mentioned in this release. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933, as amended. These securities described in this release have not been registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent an effective registration statement covering such securities or an applicable exemption from such registration requirements. For further information contact Mr. Dale Rasmussen, Investor Relations, +1-206-315-8242, or fax, +1-206-315-8301, . DATASOURCE: IMPCO CONTACT: Mr. Dale Rasmussen, Investor Relations, +1-206-315-8242, or fax, +1-206-315-8301,

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