IPICO announces appointment of Director

BURLINGTON, ON, April 13 /CNW/ - IPICO Inc. (TSX-V: RFD) today announced Mr. Laurentius Human has rejoined the Board and Mr. André van den Berg has agreed to step down from the Board effective immediately. Mr. Human was a Director of IPICO Inc. from 2006 to 2008 and was a Director of Worldwide Capital Private Equity, one of IPICO's original investors, from 2001 to 2008.

Mr. Mel Steinke, Executive Chairman of IPICO commented, "We are pleased that Laurentius Human has agreed to rejoin the Board and on behalf of the Board of Directors, I'd like to thank André van den Berg for his support and positive contributions made to IPICO and the Board of Directors over the last four years and wish him the best in his new endeavours."

ABOUT IPICO Inc.: IPICO Inc. is an RFID solution supplier with operations in Canada, USA, South Africa, Europe and Asia. IPICO produces smart labels and tags based on the IP-X communication protocol. IPICO's low interference readers are designed to meet regulatory requirements in many major markets, and allow for multi-reader rollout in close proximity. IPICO's low cost RFID products excel at long read range, fast multi-read anti-collision and high thru-beam read-speeds of dynamic tag populations. These products are used to optimize the management of items, people, animals and processes within the logistic supply chain and other value chains. For further information, go to www.IPICO.com

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

%SEDAR: 00023515E

SOURCE IPICO INC.

For further information: For further information: Gordon Westwater, President & CEO, IPICO Inc., Tel: (905) 631-6310, Email: gordon.westwater@ipico.com

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