IBC Engineered Materials signs two more contracts after deal signed with Lockheed

IBC Engineered Materials Receives Two Orders 

from Asian Firms

Wilmington, MA, September 21, 2015. IBC Advanced Alloys Corp. (OTCQX: IAALF and TSX-V: IB) ("IBC" or the "Company") a leading advanced alloys and precision castings company, reports that its Engineered Materials division has received two new orders totaling more than US$1.2 million from an existing Asian precision manufacturing customer. Deliveries of the finished cast components are expected to begin in the first quarter of fiscal 2016 and IBC is confident of additional business.

Engineered Materials President Chris Huskamp said, "IBC's business development initiatives focus on expanding our high performance castings product line while improving margins and operating efficiencies. We have identified a wide range of new opportunities and are engaged with several groups. While IBC is currently focusing on the aerospace sector for its Beralcast^® alloys," continued Huskamp, "high performance manufacturing is a growing opportunity for IBC. Robotics, precision manufacturing and automated assembly rely on highly sophisticated materials and IBC sees many opportunities for Beralcast^® where precision, light weight and high modulus are essential operating requirements."

IBC is expanding its business development initiatives to meet the growing global demand for specialty high performance and high modulus cast alloy products. Asian markets are increasingly important and IBC will continue to leverage its expertise in these dynamic economies. IBC's customer has contracted for specialized high performance castings to improve the efficiency and effectiveness of their manufactured product where tight operating tolerances and vibration dampening characteristic are critical performance measures. The customer identity has not been disclosed for competitive reasons.

"IBC is building a strong reputation as a materials solutions provider and continues to build momentum with both our Copper Alloys division and our high modulus lightweight Beralcast^® alloys," said Anthony Dutton, President and CEO of IBC Advanced Alloys. "We are committed to supporting our customers, their commitment to manufacturing excellence and their need for advanced materials that exceed critical performance targets."

Beralcast® alloys are ideally suited to many aerospace applications where lightweight, high modulus and cost are critical performance factors. The principal Beralcast^® alloys are three times stiffer than aluminum with 22% less weight and can be substituted for aluminum, magnesium, titanium, metal matrix composites as well as pure beryllium or powder metallurgy beryllium-aluminum.

Source:  IBC Advanced Alloys

More News from IBC 

IBC Engineered Materials Receives Purchase Order From CUT Aerospace Systems

Marketwire

IBC Advanced Alloys Corp. (TSX VENTURE: IB)(OTCQX: IAALF) a leading advanced alloys has received a purchase order from UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), to supply advanced Beralcast(R) components for critical imaging systems used on a variety of US and foreign military aircraft. The contract was signed with UTC Aerospace Systems' unit based in Danbury, Connecticut.
and precision castings company,

Production on the new contract has begun at IBC's Wilmington, MA facility with the first components scheduled for delivery prior to IBC's 2015 fiscal year end of June 30. Terms of the order are not disclosed.

"IBC is a leader in the casting of high performance optical targeting systems where weight savings and high modulus are critical performance factors," said Ray White, President of IBC's Engineered Materials division. "Our Beralcast(R) castable alloys are ideally suited to precision aerospace applications and can uniquely offer contractors cost effective solutions compared to machined components. We are delighted," continued White, "to be working with UTC Aerospace Systems and look forward to an opportunity to support them in additional programs." 


Beralcast alloys are ideally suited to many aerospace applications where lightweight, high modulus and cost are critical performance factors. Beralcast(R) alloys are three times stiffer and weigh 22% less than aluminum. Beralcast(R) alloys can be an engineered substitute for aluminum, magnesium, titanium, metal matrix composites, pure beryllium or powder metallurgy beryllium-aluminum materials in the appropriate applications. 

UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries.

About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF".
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. 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.
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.

Contacts:
IBC Advanced Alloys Corp.
Ian Tootill
Director of Corporate Communications
(604) 685-6263 ext 110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com

The Howard Group Inc.
Dave Burwell/Brad Dryer
Toll Free: 1-888-221-0915 or (403) 221-0915
info@howardgroupinc.com

SOURCE: IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp - Canadian with U.S. Roots

2015 Top Picks -  IBC Advanced Alloys Corp.

IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada

IBC has four U.S. based production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. 

In March 2014,  IBC's Advanced "BEO" Nuclear Fuel exceeded critical performance factors in tests.

This advanced product, manufactured using IBC's proprietary Beryllium materials, is designed to reduce costs and increase safety of advanced nuclear fuels in the rebirth of that industry.
(see illustration on left)

The Nuclear industry predicts $1.2 Trillion worth of new plants will be constructed or started by 2030 with Asia leading the expansion of Nuclear power in the 21st century.











In Sept 2014, IBC was awarded a contract by the LockheedMartin Corp to produce the housing components for it's F35 fighter jets "EOTS" systems utilizing it's proprietary "Beralcast" advanced material, with the promise of more to come.
(see illustration at right)

The F-35 is the most advanced fighter jet ever built and for Lockheed to include this tiny manufacturer of specialty materials as one of it's suppliers ensures that IBC should punch above it's weight for years to come.

During the same month,  IBC successfully delivered several unmanned aerial system (UAS) ^® technology to the U.S. Department of Defense.
demonstration articles manufactured using IBC’s proprietary Beralcast castings.



In November 2014,  IBC Partnered with two European firms to Develop and Distribute a New High Performance Alloy




Although it is still a microcap company trading on the venture exchange mostly in Canada, IBC is creating a dynamic global beryllium and advanced alloys company.

IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."

All indications are that IBC will be profitable in 2015 and we expect a significant turnaround in IBC's stock price.  We have been loading up on IBC Shares with that expectation.

We see it as an investment in the future.