IMCO Impco Technologies (MM)

IMPCO BRC to Begin Production of CNG Vehicles for Ford of Argentina CERRITOS, Calif., Oct. 12 /PRNewswire-FirstCall/ -- IMPCO Technologies Inc., (NASDAQ:IMCO) announced today an agreement with Ford of Argentina wherein BRC will equip three Ford models with their advanced CNG Sequent Fuel System. The Sequent system was selected over other competitors based on vehicle performance, power and technical support which could be provided by BRC. Gaseous fueled vehicles in Argentina are very popular because of the lower price of CNG at $1.69/gal. versus petrol at $5.17/gal. Argentina has the largest number of CNG vehicles in operation than any other country. Mr. Mariano Costamagna, President of BRC stated, "Production will begin in September 2004 for 2005 model year vehicles at our facilities in Argentina. Annual revenues, when in full production, are projected to exceed $1 million." He further stated that other OEM's were also interested in the Sequent Fuel System for application to their vehicles. BRC's Sequent Fuel System utilizes electronic fuel injectors similar to those used by OEM's for traditional liquid fuels, assuring a system that is not only efficient and serviceable but can also be applied to a wide range of vehicle models. Sequent has been designed to meet the technological requirements of current and future generations of vehicles, with particular regard to diagnostics and integration with the original fuel system. 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. IMPCO also operates under the BRC brand names through its 50% ownership agreement with MTM Srl headquartered in Cherasco, Italy. More information can be found at IMPCO's web site, http://www.impco.ws/ and at BRC's web site, http://www.brc.it/ 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 CONTACT: Investors, Dale Rasmussen of IMPCO, +1-206-315-8242, or fax, +1-206-315-8301, Web site: http://www.brc.it/ http://www.impco.ws/

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