IMCO Impco Technologies (MM)

Diesel Bus/Truck Market Targeted by IMPCO CERRITOS, Calif., Sept. 9 /PRNewswire-FirstCall/ -- IMPCO Technologies Inc., (NASDAQ:IMCO) announced today the commercialization of its Eclipse Heavy Duty Engine Management System which enables the use of clean burning natural gas and propane in diesel powered engines. Commercialization of the "Eclipse" system is the culmination of an extensive research and product development effort by IMPCO encompassing over 10 years and $20 million dollars of investment. Product validation and field testing over the past three (3) years has shown that harmful exhaust emissions such as smog forming nitrous oxide, hydrocarbons and carbon monoxides were reduce by more than 85% over diesel powered engines and that carcinogen causing particular matter was virtually eliminated. Mr. Mike Laplante, Director of Sales/Marketing said, "field testing on a fleet of over 150 Eclipse equipped, heavy duty trucks has accumulated 5 million miles and has shown the same fuel economy with equivalent power as compared to running the same fleet of trucks on diesel fuel." Mr. Laplante further added that, "each truck saved over $28,000 per year in fuel costs by using natural gas." Natural gas worldwide is 40-60% less than diesel fuel. Mr. Laplante further stated that four large fleets using the Eclipse system in Europe and Asia will be commercialized over the next six (6) months with annualized sales exceeding $20 million. IMPCO projects that the Eclipse product line will generate over $40 million in annual sales in five (5) years. Diesel fueled vehicles are under increasing pressure in all world markets to run 50% cleaner to meet 2007 requirements in the U.S. and Europe. In India for example, use of diesel powered engines is being curtailed by government enforcement in favor of CNG. In the U.S. the Environmental Protection Agency (EPA) has estimated 11 million in-use diesels need to be retrofitted or replaced in the next 10 years to meet emission standards. Regarding IMPCO: IMPCO designs, manufactures, markets and supplies advanced alternative fuel systems and related products to original equipment manufacturers and to the aftermarket for the mobile, industrial, power generation, and stationary engines market place. Headquartered in Cerritos, California, IMPCO has offices in Asia, Europe, Australia and South and North America. More information can be found at IMPCO's web site, http://www.impco.ws/ Except for historical information, the statements, expectations and assumptions contained in the foregoing press release are forward-looking statements. Such forward-looking statements include, but are not limited to, the company's expectations regarding revenues 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. Readers should consider the risk contained in the section entitled "Management's Discussion & Analysis of Financial Conditions on Results of Operations -- Risk Factors" in its Annual Report on Form 10-K for the period ended December 31, 2003. The company does not undertake to update or revise any of its forward-looking statements even if experience or future changes show that the indicated results or events will not be realized. For further information contact Mr. Dale Rasmussen, Investor Relations: E-mail: Phone: +1-206-315-8242 Fax: +1-206-315-8301 DATASOURCE: IMPCO Technologies Inc. CONTACT: Dale Rasmussen, Investor Relations of IMPCO Technologies Inc., +1-206-315-8242, or fax, +1-206-315-8301, or Web site: http://www.impco.ws/

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