Eastern Europe's Vast Market Plays Role in IMPCO Partnership

11 December 2000
Eastern Europe's Vast Market Plays Role in IMPCO Partnership
 Russia Moves Ahead With Development of Energy Strategy Aimed at Converting A
               Potential of 100,000 Vehicles to Alternate Fuels

    CERRITOS, Calif., Dec. 11 IMPCO Technologies, Inc.
announced today that it has joined a consortium of Russian,
Polish and U.S. companies that are engaged in the development of alternative
fuel infrastructure and vehicle usage in Russia.
    This consortium will plan, develop and distribute state-of-the-art propane
fueling stations and vehicle conversion centers.  The initial project entails
400 new stations with vehicle conversion capabilities in the Moscow area
alone.  Russia is a leading producer of natural gas, which can also be easily
converted into propane.  With the retail price of natural gas being
approximately one-third the price of gasoline, there is significant incentive
for the fleet transportation market, estimated at 100,000 vehicles, to convert
to alternate fuels.
    Mr. Dennis Hartman Vice President and General Manager of the Gaseous Fuel
Products Division said, "IMPCO is gratified to be a part of this significant
project.  Not only will this effort contribute to improved air quality in the
major cities of Russia, it will afford the vehicle user the benefit from the
significant alternate fuel cost advantage versus gasoline in Russia."
    The consortium will use IMPCO alternate fuel system products, technologies
and on-site training and educational techniques to ensure the vehicle
conversions are completed to the highest standards for long-term performance
and reduced vehicle emissions.  Russia has had a long history with alternate
fuel vehicles starting back as far as 1936.  Many of Russia's main highways
have alternate fuel filling stations in place already with more being
installed.  Sources in Russia state that supply of natural gas alone will
increase 15-20% this year, making IMPCO's entrance timely and viable.