9.5.2003: Meldung: IMPCO and BRC S.r.l. Sign Agreement
Thursday May 8, 12:28 pm ET
CERRITOS, Calif., May 8 / IMPCO Technologies, Inc. (Nasdaq: IMCO - News) announced that Mr. Robert Stemmler, President and CEO of IMPCO and Mr. Mariano Costamagna, President and CEO of BRC S.r.l. today signed the agreement that brings together the two industry leaders in gaseous fuel technology, manufacturing, marketing and sales.
Mr."s Stemmler and Mariano Costamagna signed the agreement today in Milan, Italy and both remarked that "The combined effort of our organizations will positively influence the very nature of the gaseous fuels equipment industry in a unique and positive manner. The combination of our business resources will improve each others manufacturing, technical and market/sales capabilities".
BRC S.r.l. located in Cherasco Italy, has annual sales approaching US$40 million and is a major global supplier of alternative gaseous fuel products and systems used in automobiles. They have four production facilities and regional offices worldwide. BRC is widely known throughout the world as one of the foremost leaders in automotive gaseous fuel technologies with a strong presence in over 50 countries.
IMPCO Technologies Inc., a global leader in the rapidly expanding alternative fuels industry has annual revenues approaching US$70 million. IMPCO is a recognized leader in the alternative fuel transportation and industrial markets with four production facilities and 14 offices worldwide.
IMPCO designs, manufacturers, markets and applies advanced alternative fuel products and systems. Headquartered in Cerritos, California, IMPCO has offices throughout Asia, Europe, South and North America www.impco.ws . Certain matters discussed in this press release could contain forward-looking information that involves risks and uncertainties that could cause actual results to differ materially from current trends. These and other such risks as cited in the Company"s 2001 annual report on form 10K and other documents filed with the Securities and Exchange Commission.
Please contact Mr. Dale Rasmussen, Investor Relations, +1-206-315-8242. Mr. Rasmussen"s facsimile is +1-206-315-8301. Media and Communications, please contact Mr. James S. Mitchell. +1-562-274-0116