Beryllium Copper Alloys by IBC Advanced Alloys

 

IBC Advanced Alloys Announces German Distributor Agreement

Published Friday, June 4, 2010

VANCOUVER, BC - June 4, 2010 - IBC Advanced Alloys Corp. (TSX-V: IB) ("IBC" or the "Company"), an integrated manufacturer and distributor of advanced nonferrous alloys and beryllium related products and alloys, announced today that is has negotiated a sales and distribution agreement with Albromet Handelsgesellschaft mbH, a leading German distributor of high quality copper, aluminum bronze and other advanced alloys, for the distribution of IBC products and alloys in Germany.

Albromet is one of Europe's primary distributors of specialized alloys for the plastic injection moulding, automotive, industrial components and other advanced manufacturing sectors. They have an extensive blue chip customer base in Germany which includes Bosch, Audi, Valeo, Thyssen Krupp and VW. They are also in the process of expanding their market presence in Eastern Europe with a specific focus on the industrial and manufacturing economies of Poland and the Czech Republic.

Under the terms of the agreement both companies have agreed to annual target volumes and to maintain minimum inventory levels at Albromet's German warehouse in order to take advantage of the expanding European market for advanced nonferrous and other alloys. The companies will also jointly participate at Euromold, the world-wide leading trade fair for mould making and tooling, design and application development to be held in Frankfurt in December.

"IBC's stronger manufacturing platform and greater range of products and alloys provides us with significantly increased sales opportunities in Europe," said Anthony Dutton, President and CEO of IBC Advanced Alloys. "This initial order and distribution agreement has the potential for significant development and will provide both companies with an excellent opportunity to build European market share and to drive demand for IBC's rare metal and beryllium related alloys."

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 Pennsylvania, Indiana, Massachusetts and Missouri. Additionally, IBC owns prospective beryllium properties in the Western US and Brazil covering approximately 9,500 hectares. 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". See IBC on Facebook.

For additional information please contact:

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Email: itootill@eragonlatrilogia.com
Website: www.eragonlatrilogia.com