IBC Advanced Alloys Corp.
TSX VENTURE : IB

IBC Advanced Alloys Corp.

June 04, 2009 09:30 ET

IBC Advanced Alloys Adds Ring Rolling Mill and Expands Product Line

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 4, 2009) - IBC ADVANCED ALLOYS CORP. ("IBC" or the "Company") (TSX VENTURE:IB) is pleased to announce that is wholly owned subsidiary, Nonferrous Products Inc., based in Franklin, Indiana has successfully completed the installation of its large scale new ring rolling mill. This is a significant expansion to IBC's previous ring manufacturing capability and positions the Company as one of North America's largest copper and copper alloy forged ring manufacturers.

The capital improvement project, begun early this year, will allow IBC to enhance its forging capability and more effectively service market requirements for copper, beryllium copper, and aluminum bronze alloy rings. Markets for high reliability copper alloy precision forged rings include the oil and gas industry, electric motors, heat exchangers and desalination plants, as well as, the aerospace and naval marine sectors. This expanded production capability will allow IBC to improve its competitive market position and grow the business while providing increased value to its customers. The manufacturing addition will cement the Company's position as a one stop ISO 9001 certified forging plant for nonferrous alloy rolled ring products.

"We are very pleased to have completed this project," said David Brown, IBC's Vice President of Marketing. "Our market research, including customer interviews and market segment analysis indicated a large and growing market for rolled alloy products where we could offer our services and build significant market share. We look forward," continued David, "to working closely with our existing and new customers as we strengthen the IBC brand in the market for rolled ring products."

"The installation of our ring rolling facility is an important step for IBC as we expand both our product line and customer base," said Rajeev Jain, IBC's Vice President of Sales. "Once we identified the opportunity and determined the market size we began the sales process which resulted in booked orders even before the installation was complete. We are very excited about the new product capacity this ring roller provides and are extremely encouraged by the market response."

About IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp. is an integrated manufacturer and distributor of beryllium based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 61 employees and is headquartered in Vancouver, Canada with production facilities in Pennsylvania and Indiana. Additionally, IBC has exploration rights to prospective beryllium properties in Brazil and the Western US covering approximately 9,500 hectares. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB".

This news release was prepared by management of IBC which takes full responsibility for its contents.

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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