Impco (NASDAQ:IMCO)
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IMPCO Technologies, Inc. Joins New Russell Microcap Index
CERRITOS, Calif., June 30 /PRNewswire-FirstCall/ -- IMPCO Technologies, Inc.
(NASDAQ:IMCO) joined the new Russell Microcap(TM) Index when Russell Investment
Group reconstituted its family of U.S. indexes on June 24. Russell recently
posted a membership list for the Russell Microcap at
http://www.russell.com/US/Indexes
"We are very pleased to have been added to the Russell Microcap Index," stated
Mariano Costamagna, President and Chief Executive Officer of IMPCO
Technologies, Inc.
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. More than $2.5 trillion in assets currently are
benchmarked to them. Investment managers who oversee these funds purchase
shares of member stocks according to that company's weighting in the particular
index.
About IMPCO Technologies:
IMPCO designs, manufactures, markets and supplies advanced product and systems
to enable internal combustion engines to run on clean burning gaseous fuels
such as natural gas, propane and biogas. IMPCO is leader in the heavy duty,
industrial, power generation and stationary engines sectors. Headquartered in
Cerritos, California, IMPCO has offices throughout Asia, Europe, Australia and
North America. More information can be found at IMPCO's web site,
http://www.impco.ws/.
About BRC Gas Equipment:
BRC produces a complete range of systems for converting vehicles to gaseous
fuel to meet market requirements. BRC is leader in the light duty and
automobile alternate fuel sectors and established alliances with several major
car-makers for OEM projects. Headquartered in Cherasco, Italy, BRC has offices
throughout Asia, Europe and South America. More information can be found at
BRC's web site, http://www.brc.it/
Russell, a global leader in multi-manager investment services, provides
investment products and services in more than 39 countries. Russell manages
more than $135 billion in assets and advises clients worldwide representing
$2.3 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual
and is headquartered in Tacoma, Wash., with additional offices in New York,
Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo.
Except for historical information, the statements, expectations and assumptions
contained in the foregoing press release are forward-looking statements. Such
forward-looking statements include, but are not limited to, the company's
expectations regarding revenues in future periods and trends in the global
economy and environmental regulation that impact our business from time to
time. Such statements are subject to a number of risks and uncertainties, and
actual results could differ materially from those discussed in any
forward-looking statement. Accordingly, you should not construe statements of
anticipated performance or planned courses of action as assurances or promises,
and note that our statements of expectations are based on information currently
available to management. Factors that could cause actual results to differ
materially from our forward-looking statements include, among other factors,
prevailing market and global economic conditions; changes in environmental
regulations that impact the demand for our products; our ability to manage our
leverage and address operating covenant restrictions relating to our
indebtedness; our ability to negotiate and comply with waivers pertaining to
existing loan covenant defaults; the company's ability to design and market
advanced fuel metering, fuel storage and electronic control products; the
company's ability to meet OEM specifications; and the level and success of the
company's development programs with OEMs. Readers also should consider the
risk factors set forth from time to time in our SEC reports, including but not
limited to those contained in the section entitled "Management's Discussion &
Analysis of Financial Condition and Results of Operation - Risk Factors" in its
Annual Report on Form 10-K for the fiscal year ended December 31, 2004. The
company does not undertake to update or revise any of its forward-looking
statements even if experience or future changes show that the indicated results
or events will not be realized.
For further information, please contact Dale Rasmussen, Vice President,
Investor Relations.
Email:
Phone: +1-206-315-8242
Fax: +1-206-315-8301
DATASOURCE: IMPCO
CONTACT: Dale Rasmussen, Vice President, Investor Relations of IMPCO
Technologies, Inc., +1-206-315-8242, or fax, +1-206-315-8301,
Web site: http://www.brc.it/
http://www.russell.com/US/Indexes
http://www.impco.ws/