Innovative Composites Announces First Production Orders for Enclosures with Global Market Leader

    




 -Initial production order from previously announced supply agreement-  

 TORONTO, Sept. 5, 2012 /CNW/ - Innovative Composites International Inc. ("ICI" or the "Company"),  (OTCQX: ICIZF, a producer of proprietary engineered composite products, announced today that it has received  the first production order under  the previously announced three year supply agreement for specially  engineered enclosures with a global market leader in its sector.  The  enclosures will be produced utilizing ICI's structural panels and  proprietary RMor Skin(TM) product. 

 "This production order came as a result of our ability to rapidly  respond to a customer's specific requirements and is an affirmation of  our capability to innovate, engineer and manufacture within a short  time-frame," said Terry Ball, President and CEO of ICI. "The RMor Skin(TM) product has attractive attributes including a significant  weight-to-strength ratio and resistance to the elements such as wind,  rain, and sunlight.  We are proud to have been chosen to supply these  enclosures to this customer and we look forward to expanding this  relationship in the future." 

 These 175-460 square foot enclosures are prefabricated structures built  with composite panels to the customer's specifications as a part of a  plan to transform their industry by incorporating new and advanced  technologies into their products. 

 Due to the industry changing potential of the product the customer has  required that their name and the specific industry not be revealed  until such time as they undertake an official launch of these products. 

 This supply agreement and first production order are a reflection of  ICI's commitment and capability to create new revenue streams for its  products in parallel to developing the market opportunities in the  modular housing sector. 

 Mr. Ball continued, "ICI has an objective of generating multiple  recurring revenue streams through a three-pronged approach:  (i)  aggressively pursue the North American housing market; (ii) develop  sales channels into the shelter and container markets; and (iii) go  after multiple sales opportunities in the industrial applications.  We  remain well-capitalized and with our current prospects and cost  management efforts, we are working towards significantly mitigating or  eliminating our burn rate over the next fiscal year." 

 About Innovative Composites International Inc. Headquartered in Toronto, Canada, Innovative Composites International Inc.  (OTCQX: ICIZF) is a high-tech engineering and manufacturing company whose goal is to  utilize its proprietary "green" composite materials and building  systems to provide innovative, engineered product solutions to markets  that include prefabricated modular housing, shelters and containers, and industrial applications. 

 Led by a management team with extensive commercialization experience,  ICI has adopted a two-tier business model:  It designs and manufactures products and partners with established  companies in its target markets to utilize their sales channels for  faster product roll-out. 

 The superior characteristics of its products provides ICI with  opportunities to establish and grow significant, sustainable, and  diversified sources of revenue in its target markets. 

 To find out more about ICI please visit our website at:           www.innovativecompositesinc.com. 





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 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.  

 "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." 

   

   

   

Innovative Composites International Inc.


CONTACT:  Sam GreissChief Financial Officer(416) 646 [e-mail] 


    

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