ILI Technologies (2002) Corp.

ILI Technologies (2002) Corp.

September 02, 2011 09:00 ET

ILI Technologies Receives Purchase Order for New Product Launch

CALGARY, ALBERTA--(Marketwire - Sept. 2, 2011) - ILI Technologies (2002) Corp. (the "Company") (TSX VENTURE:ILI) is pleased to announce that its 100% wholly owned Mexican subsidiary Cdn Oilfield Technologies & Solutions S. de R.L de C.V. ("COTS") has received its first purchase order to execute its first project in Mexico utilizing its recently endorsed high pressure flexible pipe product line. Many months have been devoted utilizing a team of expert engineers and field personnel, proving, testing and implementing this next generation pipe technology to improve performance and efficiencies. Not only has the technology exceeded expectations, the Company has now executed on its next level business strategy offering an alternative to steel pipe for high pressure and cyclical applications.

The purchase order is for the supply and installation of 3" Ansi 900 flexible pipe and connectors rated at 2,250 psi to install 3.157 km of Flexsteel™ Pipeline Products for the well identified as Mission 2 owned and operated by Pemex, the state owned oil and gas producer under contract to an established Mexican service company who has been providing services in Mexico for over 30 years. The contract is to be executed immediately.

Phil D'Angelo states, "The company has moved to the next level implementing new flexible pipe technology. ILI will continue to identify new opportunities with the sole intention of increasing shareholder value".

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