ILI Technologies (2002) Corp.

ILI Technologies (2002) Corp.

May 13, 2011 09:00 ET

ILI Technologies (2002) Corp.: Mexico Update

CALGARY, ALBERTA--(Marketwire - May 13, 2011) - ILI Technologies ("ILI") (TSX VENTURE:ILI) is pleased to provide an update for its business operations in Mexico through its wholly owned subsidiary "COTS". Pemex has issued a number of orders for the purchase of flexible pipe totalling approximately 7 km. The first project is located in San Fernando, Tamaulipas and is approximately 2.64 km in length. Currently, 2 km of pipe has been successfully installed and COTS is waiting for a directional drilling permit to complete the remaining 600 meters. Directional drilling for this project requires contractors to be fully trained prior to execution. New flexible pipe technology requires extensive training to meet the high standards of Pemex and COTS has played an active role through this process to ensure quality control and overall compliance. The project is anticipated to be completed in approximately 30 days.

Next week COTS will start the second project located in Monterrey totalling 1.8 km in length. The trench is being prepared up to 3 meters in depth to accommodate the pipe and ILI anticipates the project will be completed and tested in approximately 7 days.

A final project located in the Burgos sector totalling 2.5 km is scheduled to commence in approximately 2 to 3 weeks after receipt of all permits. A further progress update will be provided by ILI in due course.

Further to the news release of May 3¸ 2011, ILI is pleased to inform that funds have been advanced to the Mexican contractor to start a pre construction project for Pemex to execute on a work order issued by Schlumberger for commencement of the project. ILI expects to have the project completed in approximately 60 days.

Phil D'Angelo states, "I am exceptionally pleased with the level of expertise and the dedication associated with the projects in Mexico. There is a high level of professionalism and the work to date is perceived to be beyond Pemex's expectations. We will continue to deliver this high level of professionalism to establish a high level of confidence to support all our business ventures in Mexico".

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