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IMPCO Commences Supply of Emission Compliant LPG Engines to HELI Forklift in China
Wednesday August 17, 9:00 am ET


CERRITOS, Calif., Aug. 17 /PRNewswire-FirstCall/ -- IMPCO Technologies, Inc. (Nasdaq: IMCO - News) today announced that it has begun supply of Emission Certified LPG engines to Anhui HELI Forklift Truck Group Corp. based in Hefei, China.
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Under the terms of the supply agreement, IMPCO will exclusively supply complete CARB/EPA Emissions Certified engines to HELI through December 2006 for global distribution in their forklift trucks. The emission certified engine systems will enable HELI to meet stringent emission standards required to sell their engines in the US and Asia. IMPCO's Emission Certified Engines provide a turn key solution for OEM's such as HELI, allowing them to meet ever more stringent emissions requirements without having to invest in advanced engineering and testing. IMPCO introduced their Emissions Certified Engine program in 2004 specifically to meet this growing global demand.

Being the largest lift truck manufacturer in China, HELI possesses the integral capability to design, fabricate, manufacture, test, and inspect its own lift truck products. HELI received ISO 9001 Certification as well as European CE Quality & Safety Compliance. In 2005, HELI's annual sales reached US $321.6 million (RMB 2.67 Billion), and is the only forklift OEM in China to have its stock publicly traded in the Shanghai Stock Exchange. In addition to serving the domestic market, HELI products are now exported all over the world.

About IMPCO Technologies:

IMPCO designs, manufactures, markets and supplies advanced product and systems to enable internal combustion engines to run on clean burning gaseous fuels such as natural gas, propane and biogas. IMPCO is the leader in the heavy duty, industrial, power generation and stationary engines sectors. Headquartered in Cerritos, California, IMPCO has offices throughout Asia, Europe, Australia and North America. More information can be found at IMPCO's web site, http://www.impco.ws.

About BRC Gas Equipment:

BRC produces a complete range of systems for converting vehicles to gaseous fuel to meet market requirements. BRC is the leader in the light duty and automobile alternate fuel sectors and established alliances with several major car-makers for OEM projects. Headquartered in Cherasco, Italy, BRC has offices throughout Asia, Europe and South America. More information can be found at BRC's web site, http://www.brc.it

Except for historical or factual information, other matter discussed in this press release, including anticipated improvements in operating efficiencies from the integration and consolidation of IMPCO and BRC, and revenue growth, are forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those discussed in any forward-looking statement. Factors that could cause or contribute to such differences included, but are not limited to, prevailing market and global economic conditions; changes in environmental regulations that impact the demand for the Company's products; the Company's ability to manage its leverage and address operating covenant restrictions relating to its indebtedness; the Company's ability to negotiate and comply with waivers pertaining to existing loan covenant defaults; the Company's ability to design and market advanced fuel metering, fuel storage and electronic control products; the company's ability to meet OEM specifications; and the level and success of the Company's development programs with OEMs. Readers also should consider the risk factors set forth in the Company's reports filed with the Securities and Exchange Commission, including, but not limited to, those contained in "Management's Discussion & Analysis of Financial Condition and Results of Operation -- Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2004. 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, please contact Dale Rasmussen, Vice President, Investor Relations.


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Source: IMPCO