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Technology Stocks : QUANTUM Technologies WorldWide,

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To: Copperfield who started this subject10/22/2001 9:38:05 PM
From: Copperfield  Read Replies (1) of 20
 
Daimler/Chrysler's Detroit Diesel Allison Distributor Signs Distribution Agreement With IMPCO
- Detroit Diesel Allison Australia to distribute IMPCO dressed engine packages - 17 outlets in Australia to support distribution of dressed engines - Strong growth potential foreseen in the annual $10 million dollar industrial and mining engine markets
CERRITOS, Calif., Oct 10, 2001 /PRNewswire via COMTEX/ -- IMPCO Technologies, Inc. (Nasdaq: IMCO chart, msgs) the world's leading source of advanced alternative fuel systems technology for internal combustion engines in the industrial, transportation and power generation markets, has signed Detroit Diesel Allison Australia (DDAA) as a distribution partner to distribute dressed engines from IMPCO's Engine System Division in Sterling Heights, Michigan. The Australian and surrounding regional engine system market is estimated to be over.

Mr. Robert Stemmler, Chairman and Chief Executive Officer of IMPCO Technologies said, "IMPCO is fully committed to locating resources in key growth markets and near key OEM customers. Our global presence approach highlights Australia and the surrounding Pacific Rim as a dynamic region with tremendous market potential for power generation products, and industrial equipment that uses clean-burning gaseous fuels. Establishing DDAA is fundamental to IMPCO's creation of a new engine systems global distribution network that permits IMPCO and its distribution partners to better serve OEM customers." Mr. Stemmler further stated that the annual $10 million Australian industrial and mining engine markets offer a high potential for IMPCO's gaseous fueled engines because of very favorable fuel cost economics and a significant reduction in harmful emissions versus liquid fuels.

IMPCO is the world's leading source of advanced alternative fuel systems technology and components for internal combustion engines used in the industrial, transportation and power generation markets worldwide. IMPCO products enable engines to function using environmentally friendly gaseous fuels such as propane and natural gas -- both indigenous fuels to these regions.

Detroit Diesel Allison Australia (DD-AA) is one of Australia's leading distributors of diesel engines and heavy-duty automotive transmissions. From small beginnings in 1948, DD-AA now spans a network of 17 branches across Australia with more than 480 highly trained personnel. In recent years, the DD-AA product range has been greatly extended. Today, the company offers total product and technical support, 24 hours a day, through its strategically located branches and dealer network through Australia.

IMPCO is a major supplier to original equipment manufacturers (OEM) in the transportation, industrial and power generation markets. IMPCO supports its global aftermarket through a network of more than 400 Distributors and Service Parts Organizations.

World headquarters are located in Cerritos, California. IMPCO has key offices and facilities worldwide including: North America, Central America, South America, Japan, India and Australia. It operates in the Netherlands, France, Germany and the United Kingdom as IMPCO-BERU Technologies, B.V. IMPCO can be found at www.impco.ws .
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