IBC Advanced Alloys Corp (IAALF)

[bernice]

IBC Wins Bidding Process with Electronics Manufacturer

IBC Wins Bidding Process with Fortune 100 Electronics Manufacturer for an Expanded Number of Copper Alloy Products

Potential Value of Forecast Volumes over Next 12 Months is More Than USD $2 Million


FRANKLIN, IN (March 22, 2017) -- IBC Advanced Alloys Corp. (TSX-V: IB; OTCQB: IAALF) (“IBC” or the “Company”) a leading beryllium and copper advanced alloys company, announces its recent success in a bidding process involving a select group of carefully screened and pre-qualified suppliers to produce and provide forged and machined copper alloy products to a Fortune 100 electronics manufacturer.

IBC currently supplies one part to this global electronics manufacturer. In addition to winning the bid for continued production of its current part, IBC also won bids on five additional parts, which represent products across three different copper alloy chemistries.

Potential revenues from forecast volumes over the next 12 months from all six parts are more than USD $2 million. This forward-looking statement is based on assumptions including historical ordering patterns. Although IBC believes that the expectations reflected in this forward-looking statement are reasonable, forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statement. There can be no assurance that these revenues will be achieved.

“I’m very pleased that our Copper Alloys team competed successfully in an effort to grow our business with this highly respected global manufacturer,” said Major General Duncan Heinz (USMC, ret.), President, CEO, and Director of IBC. “This represents the potential for a substantial increase in business with this customer, and shows that our manufacturing capabilities, product quality, and pricing continues to be competitive in the marketplace.”

IBC’s Copper Alloy division produces a variety of finished and semi-finished copper and copper alloys products for use in electronics, oil and gas and defense.

For more information on IBC and its innovative alloy products, go here.

On Behalf of the Board of Directors:

"Duncan Heinz”

Duncan Heinz, President, CEO and Director

Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.ib&postid=26012151#rTfBLmUc3G0FkGqX.99