QUANTUM Selected as Preferred Technology Supplier To Hydrogen World Land Speed Record Contender

    IRVINE, Calif., March 1 QUANTUM Technologies, Inc. a
wholly owned subsidiary of IMPCO Technologies Inc, today
announced that its advanced hydrogen storage system and hydrogen fuel
injectors have been selected by Carroll Shelby and James Heffel who will
attempt to break the world land speed record for hydrogen internal combustion
engines.
    Carroll Shelby, Cobra's inventor and producer, has teamed-up with James
Heffel, Research Engineer for the University of California, Riverside Center
for Environmental Research and Technology, to develop the fastest hydrogen
production vehicle in the world and enter it in the hydrogen speed event at
Bonneville.  Heffel has experimented with improving the performance of
hydrogen-powered vehicles for over 8 years.
    "The QUANTUM hydrogen fuel storage tanks were chosen for their fuel
storage capability and ultra-light weight.  Using QUANTUM's leading edge
hydrogen storage tank, the Cobra's on-board fuel storage tank weight will be
dramatically lowered," said James Heffel.  "The injectors were selected for
their ability to precisely meter large quantities of hydrogen gas required by
the 300+ HP Cobra."
    At 7.5% hydrogen storage by weight, QUANTUM's fuel storage system achieves
a 400-mile range at a total weight below 150 lbs., as compared with 660 lbs.
for existing technologies.  In November 2000, QUANTUM, in collaboration with
Lawrence Livermore National Laboratory and Thiokol Propulsion, demonstrated
11.3% hydrogen by weight storage tank technology-a new world record.
    QUANTUM designs, integrates and commercializes fuel handling, advanced
gaseous fuel storage systems, fuel metering and electronic control
applications to original equipment manufacturers of fuel cell and internal
combustion engines.
    Certain matters discussed in this press release contain forward-looking
information that involves risks and uncertainties that could cause actual
results to differ materially from current trends.  These include the company's
ability to design and market advanced fuel metering, fuel storage or
electronic control products, the company's ability to meet OEM specifications,
and other such risks as cited in the 2000 annual report on Form 10-K for IMPCO
Technologies, Inc. and other documents filed with the Securities and Exchange
Commission.