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IMPCO Leads the Way to Environmental Friendly Vehicles in Taiwan

IMPCO Leads the Way to Environmental Friendly Vehicles in Taiwan

    CERRITOS, Calif., Jan. 22 IMPCO Technologies, Inc. . Taiwan Taxi, a company founded in
1991 that provides taxi services throughout Taipei, formed an 'Environmentally
Friendly Taxi Squad,' using 200 LPG cars made by Formosa Automobile. The
200 LPG cars are equipped with IMPCO advanced fuel systems.
    Pearl Kamdar, Director Asia Pacific Operations, said, "IMPCO is
tremendously pleased to be part of the environmental movement in Taiwan, and
the continued shift towards gaseous fuelled vehicles around the world. The new
taxis provided jobs for 200 drivers, of which 120 were previously unemployed,
the remaining 80 were taxi drivers who wished to swap their conventional taxi
for a more environmental friendly model."
    In a related release earlier this month, Wang Yung-ching Formosa Plastics
Group chairman, said that Taiwan Taxi company can help protect Taiwan's
environment by using more liquefied petroleum gasoline (LPG)-powered cars
produced by Formosa Automobile. There are over 70,000 taxis in Taipei only,
which are candidates for conversion to clean burning propane.  In Taiwan
propane is approximately 40% less than the price of gasoline.
    Wang at the inauguration of the 'Environmental Friendly Taxi Squad', noted
that compared to conventional cars, IMPCO equipped LPG cars can save up to
NT$10,000 per month in fuel costs. In terms of environmental impact, LPG cars
release much lower levels of harmful emissions into the environment than
conventional cars.
    IMPCO Technologies designs, manufactures, markets and applies products and
systems allowing on-highway and off-highway engines to run on environmentally
friendly, clean-burning gaseous fuels. IMPCO's fuel system components, fuel
systems and complete engine packages are used for a wide variety of
applications in both replacement and OEM markets. The Company's products are
used in the transportation, material handling, power generation and industrial
market segments worldwide.
    IMPCO's products improve the efficiency, enhance performance and reduce
exhaust emissions by electronically sensing and regulating the correct
proportion of fuel and air required by the internal combustion engine. IMPCO
has extensive applications engineering, design and systems integration
experience with respect to customers' requirements for product performance,
durability, reliability and physical configuration. Headquartered in Cerritos,
California, IMPCO has offices throughout Asia, Europe, South and North
America. http://www.impco.ws

    For more information:

     Dale Rasmussen, Investor Relations
     T. +1-206-315-8301
     drasmussen@impcotechnologies.com

     James S. Mitchell, Global Marketing & Media
     T. +1-562-274-0116
     jsmitchell@impcotechnologies.com