IMPCO Technologies (IMCO), formerly AirSensors (ARSN) Message Board

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Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN)

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To: Bid Buster who wrote (297)	8/25/2006 1:19:32 PM
From: Jim Oravetz	of 298

IMPCO Holders OK Reorganization Into New Holding Company DOW JONES NEWSWIRES August 24, 2006 10:47 a.m. Impco Technologies Inc. (IMCO) said stockholders at the annual meeting approved a reorganization of the company into a new holding company to be called Fuel Systems Solutions. Under the reorganization plan, Fuel Systems Solutions will be the holding company for Impco Technologies and BRC Gas Equipment, the Italy-based company that Impco acquired last year. Impco shareholders will receive one share of Fuel Systems common stock for every two they own at the time of the reorganization. Impco, a Santa Ana, Calif., fuel storage and delivery company, has about 30.2 million common shares outstanding. Impco said it expects to begin trading on the Nasdaq Global Market under its new name Friday, under the ticker symbol FSYS. Meanwhile, Impco backed its previous revenue guidance, saying it expected 2006 revenue to rise to about $200 million from $174.5 million in 2005.

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