SOURCE: Brazilian Mining Corporation

April 05, 2010 07:30 ET

Terrax Opening New Facility to Manage Multi-Million Dollar Demand

GARDNERVILLE, NV--(Marketwire - April 5, 2010) - Terrax Inc., a subsidiary of Brazilian Mining Corporation (PINKSHEETS: BRZM), is opening a new assembly and test facility in Boise, Idaho. The company is increasing its space requirements to meet the needs of growing demand from offshore customers. Murray Owen, president of Terrax Inc., stated that "The Boise facility will provide the necessary space for Terrax to perform test and final assembly. In addition, it will allow us to expand our client relations operations for marketing and technical resources to support increasing demand." The new facility is located in a technology area next to Hewlett-Packard's Boise campus. The location allows Terrax to expand as required and draw from a local technology labor base to grow operations."

The expansion comes in response to requests from early adopters of the Theia System for standoff detection. The Company expects to achieve significant market share in excess of $20M USD in the target segment for standoff detection in 2010. Terrax has experienced a significant increase in requests and demands from over three market segments and five regions representing an overall market demand of in excess of $100M USD.

About Terrax Inc.

Founded in 2000, Terrax is a solutions integrator of image data and hyperspectral imaging to provide real time detection and alert systems for civilian applications. More information can be found at www.terrax.us

Forward-Looking Statements:

This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Brazilian Mining Corporation future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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