IMPCO Moves Ahead With PREMIER LPG Conversion System in Mexico

    CERRITOS, Calif., Feb. 19 -- IMPCO TECHNOLOGIES, INC., a NASDAQ Company (IMCO) announced today that the
company has released the IMPCO Premier conversion system program; an OEM-grade
fuel delivery, fuel storage and electronic control package that allow the
vehicle to run and operate on clean-burning, low cost gaseous fuels.
    Brad Garner, General Manager of IMPCO said, "The IMPCO Premier system is
the program under which our Mexico division is selling fully engineered and
integrated LPG Fuel Systems to Automotive OEMS throughout Mexico.  We provide
the development, applications engineering and systems packaging for the OEM.
This allows for a seamless and transparent purchase for the new-vehicle buyer
by providing a new-vehicle from the OEM dealership pre-configured with an
authorized LPG fuel system that carries with it the new car warranty."
    IMPCO is currently working with: General Motors, Daimler -- Chrysler and
Volkswagen in a Premier program aimed at broadening the scope of alternative
fuel system supply for OEM customers.  Prices for the Premier system range
from $1,500 to $2,500.  The total vehicle population in Mexico is 10 million
vehicles with 4.5 million being commercial vehicles.  The Mexican automotive
industry sold approximately 150,000 new commercial vehicles in 2002; 70% are
converted to operate on LPG.
    In Mexico, LPG fuel costs approximately 40-50% less than gasoline fuels.
    "The Petroleum Mexican Institute (IMP), a government organization similar
to the United States' EPA, has certified the IMPCO Premier system for use on
over fifteen vehicles.  The District Federally (DF / Mexico City Government)
has also implemented a plan to remove older, more polluting vehicles from the
roads by offering a buy-back program which purchases the older vehicle for
$US1,500.  In concert with this program, new-vehicle dealers are offering
financing on new LPG equipped vehicles at economic rates to qualified buyers,
only when they purchase an LPG vehicle," noted Brad.
    IMPCO currently has over 70% of the conversion market in Mexico City where
more than 100,000 vehicles are changed over to gaseous fuels each year.

    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 further information:  Dale Rasmussen, Investor Relations of IMPCO,
+1-206-315-4252, drasmussen@impcotechnologies.com.