IMPCO Named One of Fastest 50 Growing Technology Companies

    *  Named To Deloitte & Touche 'Fast 50 Program' Two Years Running

    *  Strong market position within the expanding global alternative fuels
       industry is attributed to IMPCO's growth

    CERRITOS, Calif., Aug. 20 IMPCO Technologies, Inc.
the World's leading source of advanced alternative fuel systems
technology for internal combustion engines in the Industrial, Transportation
and Power generation markets, has been named to Deloitte & Touche's
prestigious "2001 Los Angeles Technology Fast 50" program, a ranking of the
50 fastest growing companies in Los Angeles, Riverside, Santa Barbara, San
Bernardino, and Ventura counties.  Rankings are based on the percentage of
growth in revenues from 1996-2000 (five-year period).

    Mr. Robert Stemmler, Chairman and Chief Executive Officer of IMPCO
Technologies said, "IMPCO is extremely delighted to be recognized for the
second time in two years by Deloitte & Touche as one of the fastest growing
technology companies in Los Angeles. IMPCO's growth in the expanding
Alternative Fuels industry is on target as the global acceleration for
clean-burning, renewable fuels technology continues.  The recognition of our
advanced products in the rapidly emerging Fuel Cell Industry has also
generated new business, which will further hasten our business development."

    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, natural gas and biogas.

    "Today, there are more than 22,000 high technology companies in the United
States, many of whom are competing for the same markets here in the states and
worldwide.  The Fast 50 winners for Los Angeles have proven that they can
compete successfully by consistently delivering technological wonders.  We at
Deloitte & Touche commend IMPCO Technologies, Inc. for having the vision and
determination to become one of the 50 fastest-growing technology companies in
Los Angeles," said Mr. Gary Dickey, Partner, Los Angeles High Technology
Group, for Deloitte & Touche.

    To qualify for the Los Angeles Technology Fast 50, companies must be in
business for a minimum of five years; must not be a subsidiary or division;
must have 1995 revenues of at least $50,000 and 1999 revenues of $1,000,000 or
more; must be considered a technology company, which is defined as producing
technology.  Manufacturing a technology related product, being technologically
intensive or using technology in problem solving, or devoting a high
percentage of effort to research and development of technology; must be
headquarter in Los Angeles, Riverside, Santa Barbara, San Bernardino, and
Ventura counties.

    Winners of the 19 regional Fast 50 programs in the United States are
automatically entered in the Deloitte & Touche Technology Fast 500 program,
which ranks the nation's top 500 fastest growing technology companies.