Aerofoam Metals Incorporated's President comments on Regulation SHO Threshold Security Listing



    MISSISSAUGA, ON, June 11 /CNW/ - Aerofoam Metals Incorporated (OTC: AFML)
(www.aerofoammetals.com) has again appeared on the Regulation SHO Threshold
Security Listing. Since the beginning of the year Aerofoam Metals Incorporated
has been a frequent visitor to the listing that shows a failure of delivery of
stock within the required regulatory period.
    "We feel that Aerofoam Metals has been exposed to unscrupulous naked
shorting for some time now. AFML shows up on lists produced by the SEC and
NASDAQ, and can also be seen at such websites as BUYINS.com. These malicious
and intentional acts are harming the Company and its stakeholders and we will
not allow the parties responsible to continue to impair the true value of
Aerofoam Metals. We will undertake whatever steps necessary - both legal and
otherwise - to ensure this is stopped immediately" said Mr. Paul Colacci,
President and Head of Product Development.
    "Fortunately, we are confident that the stock's true value will
ultimately be determined by the performance of the company as a consequence of
the business opportunities and activities already created and soon to be
created, the quality of the people working with us, and the strategic
alliances and partnerships built up with leading global companies. We are
absolutely on the right track" commented Mr. Colacci.

    -----------
    About Aerofoam Metals
    Aerofoam produces a highly unique product, known as Aerometal(TM) which
has myriad of final application uses in any industry, being a possible
substitute for any other metals, wood or plastic. Aerofoam's process allows it
to produce simple applications as well as complex 3D forms which are required
in the automotive, defense, and aerospace industries.
    Products made from Aerometal(TM) maintain the physical characteristics of
pure aluminum but at less density and weight. Product applications can be
customized for specific densities as required and enables the use of
Aerometal(TM) as a preferred material because of the properties of aluminum.
    Products made from Aerometal(TM) offer substantial material benefits such
as strength, durability, water resistance, energy/impact/blast absorption,
resistance to mold, resistance to termites and rodents, ease of use, thermal
conductivity, and electromagnetic (EMI) shielding, to name a few.
    Aerofoam is marketing Aerometal(TM) on a global basis in a variety of
manufacturing and industrial sectors and customers to integrate the use of
Aerometal into a wide range of applications as well as interacting with
qualified candidates to establish territorial or product licensing
arrangements.

    Forward-Looking Statement
    -------------------------
    Statements included in this press release which are not historical in
nature, are intended to be, and are hereby identified as "Forward Looking
Statements" for purposes of safe harbor provided by Section 21E of the
Securities Exchange Act of 1934, as amended. Forward Looking Statements may be
identified by words including "anticipate", "await", "envision", "foresee",
"aim at", "believe", "intends", "estimates" including without limitation,
those relating to the company's future business prospects, are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those indicated in the Forward Looking Statements. Readers are
directed to the company's filings with the U.S. Securities and Exchange
Commission for additional information and a presentation of the risks and
uncertainties that may affect the company's business and results of
operations.





For further information:

For further information: Investor Contact: Paul Colacci, President and
Head of Product Development, Aerofoam Metals, Inc., (905) 569-2376,
investor-relations@aerofoammetals.com

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AEROFOAM METALS INC.

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