Innovative Composites International Inc.

Innovative Composites International Inc.

March 05, 2010 09:00 ET

US Army Corps of Engineers to Utilize ICI's Structure Lite™ Panels as Part of the Soo Locks Project in Michigan

TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Innovative Composites International Inc. (TSX VENTURE:IC) ("ICI" the "Company"), is pleased to announce that it has received a purchase order for its Structure Lite™ panels from Rose Construction, a private U.S. contractor. The panels will be utilized as part of a project at the Soo Locks in Sault Ste Marie, Michigan. 

ICI is acting as Tier 2 subcontractor for Rose Construction that secured the initial contract with the U.S. Army Corps of Engineers, ("Corps") Detroit District. The Structure Lite™ panels that use fiber reinforced thermoplastic technology were selected due to the combination of excellent structural capability, light weight, rust resistance and environmental sustainability. The panels will be used as a structural barrier replacing parts typically made of stainless steel or aluminum.

Mr. Bill Rose, President of Rose Construction commented, "ICI's Structure Lite™ panels are a perfectly suited, cost effective solution for this particular application and we look forward to utilizing them in future projects."

Terry Ball, ICI's Chief Executive Officer said, "This application underlines the durability and strength of our structural composite panels. We are proud that Structure Lite™ was selected for this application and are confident that other Corps projects can utilize our panels in the future."

For more information on the project and the Corps please go to:

About Innovative Composites International Inc.

Headquartered in Toronto, Canada, ICI is a high-tech engineering and manufacturing company established in 2007 by a group of entrepreneurs with a successful track record in commercializing advanced materials.

The Company is currently focused in two areas: Fibre Reinforced Thermoplastic panels, a unique line of application-ready structural composite panels and Hero 451, an environmentally friendly fire inhibitor and suppressant. ICI's goal is to deliver products that exceed industry standards with greater durability, strength, flexibility and safety.

ICI is partnering directly with leaders in its target industries as it considers it to be the fastest way to bring products to market. ICI's customized solutions are intended to provide partners with competitive advantages over their competitors.

To find out more about Innovative Composites International Inc. (TSX VENTURE:IC), please visit our website at

"Statements made in this press release include forward-looking statements that involve a number of risks and uncertainties. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, such as the economy, generally, competition in its target markets, the demand for ICI's products and the availability of funding. These forward-looking statements are made as of the date hereof and ICI does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from ICI's expectations and projections."

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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