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IMPCO on the Fast Track, Named to Fast 50

(8/21/2001)
Cerritos, Calif., August 20, 2001–-Deloitte & Touche has named IMPCO Technologies Inc., to its "2001 Los Angeles Technology Fast 50" program, a ranking of the 50 fastest growing companies in Los Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties.
IMPCO, a source of alternative fuel systems technology for internal combustion engines, was named to the list based on the percentage of growth in revenues from 1996-2000 (five-year period). Mr. Robert Stemmler, Chairman and Chief Executive Officer of IMPCO Technologies said, "IMPCO is extremely delighted to be recognized for the second time in two years by Deloitte & Touche as one of the fastest growing technology companies in Los Angeles. IMPCO's growth in the expanding Alternative Fuels industry is on target as the global acceleration for clean-burning, renewable fuels technology continues. The recognition of our advanced products in the rapidly emerging Fuel Cell Industry has also generated new business, which will further hasten our business development.
"Today, there are more than 22,000 high technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide. The Fast 50 winners for Los Angeles have proven that they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend IMPCO Technologies, Inc. for having the vision and determination to become one of the 50 fastest-growing technology companies in Los Angeles," said Mr. Gary Dickey, Partner, Los Angeles High Technology Group, for Deloitte & Touche.
To qualify for the Los Angeles Technology Fast 50, companies must be in business for a minimum of five years; must not be a subsidiary or division; must have 1995 revenues of at least $50,000 and 1999 revenues of $1,000,000 or more; must be considered a technology company, which is defined as producing technology. Manufacturing a technology related product, being technologically intensive or using technology in problem solving, or devoting a high percentage of effort to research and development of technology; must be headquarter in Los Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties.
IMPCO products optimize efficiency and performance while reducing emission to the lowest-levels. IMPCO is a major supplier to original equipment manufacturers in the automotive, materials handling industrial and power generation industries. IMPCO supports its global aftermarket through a network of more than 400 Distributors and Service Parts Organizations.