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Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN)
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To: Jim Oravetz who wrote (212)8/31/2000 9:11:35 PM
From: Jim Oravetz  Read Replies (1) of 298
 
The OEM interest in IMPCO's fuel storage and delivery systems remains robust as
evidenced by our recent announcement with Hyundai to provide fuel storage and delivery for their fuel
cell powered Santa Fe SUV, which will be demonstrated this fall in conjunction with the California Fuel
Cell Project. Additionally, we have extended our alternative fuel OEM production program with GM to
continue past the middle of the decade. We are aggressively pursuing alternative fuel and fuel cell
related programs with other OEMs at the present time."

Other significant recent developments have included:

-- On August 24, 2000 IMPCO announced the appointment of JD Power III to
the Board of Directors of IMPCO. Mr. Power is the Chairman of J.D.
Power & Associates, one of the most prestigious marketing information
firms in the World.
-- On June 12, 2000 IMPCO announced that it had formed a strategic
technology alliance with NASA Space Shuttle rocket booster
manufacturer, Thiokol Propulsion, Alcoa Industrial Components Group, a
subsidiary of Alcoa, Inc., (NYSE: AA, news, msgs). The alliance allows IMPCO to
advance the commercialization of Thiokol's unique composite
conformable hydrogen fuel storage technology for the emerging
automotive fuel cell markets and to utilize their strong missile based
hydrogen fuel expertise.
-- On June 5, 2000 IMPCO disclosed that it had been awarded a
$2.6 million contract from the Department of Energy to design,
prototype and produce ultra-lightweight production hydrogen tanks for
demonstration on two vehicle programs in association with the DOE's
Lawrence Livermore National Laboratory.

Source: earning release
Jim
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