Innovative Composites Files Patent Applications on Three New Products

TORONTO, Jan. 20 /CNW/ - Innovative Composites International Inc. (IC:TSX-V) ("ICI" the "Company"), announced today that it has filed provisional patent applications on three new products: a composite ballistic and blast mitigation panel and two advanced fire retardant products to be utilized in ICI's existing product line as well as in stand alone applications.

Ballistic/Blast Mitigation System. This composite sandwich panel construction can enhance a number of ICI's products by providing protection from explosive energy as well as shrapnel and bullets. Applications for this product may include command and communication structures for the military, protective wall sections for vulnerable areas in government buildings, as well as lobby and reception areas of banks, hotels and other commercial establishments where there is a need to protect personnel in the event of an attack.

Fire Retardant Resin/Additive. This non-toxic, bromide and halogen-free fire retardant product can be utilized as an additive to be incorporated into polymers, rubbers, foams and other synthetic materials. This eco-friendly compound replaces harmful brominated organic compounds, phosphorous, or other environmentally hazardous materials that are being used in the industry today. Applications include enhancement of the fire retardant properties of ICI's thermoplastic products and a wide variety of stand alone applications in the fire safety industry. 

Fire Retardant Binder. This advanced binder system can be utilized to bond a fire retardant agent to a variety of composite and textile materials in order to create durable protection. Applications include military, fire fighter and police uniforms, industrial and consumer products that are subject to fire safety codes and a variety of composite and conventional building products.

"These patents will improve our intellectual property portfolio and help market our core product line into potentially lucrative niche markets such as the military. Without taking the focus off the affordable housing and transportation industries we continue development of advanced products that will help us to stay ahead of any potential competitors," said ICI President and CEO Terry Ball. "Not only can these products add a new dimension to our core thermoplastic building panels but they have the potential to expand our business into a range of other commercial applications," he said.

About Innovative Composites International Inc.

Headquartered in Toronto, Canada, ICI is a high-tech engineering and manufacturing company established in 2007 by a group of entrepreneurs with a successful track record in commercializing advanced materials.

The Company is currently focused in two areas: Structure LiteTM panels, a unique line of application-ready structural composite panels and Hero 451TM, a line of environmentally friendly fire inhibitors and suppressant. ICI's goal is to deliver products that exceed industry standards with greater durability, strength, flexibility and safety.

ICI is partnering directly with leaders in its target industries as it considers it to be the fastest way to bring products to market. ICI's customized solutions are intended to provide partners with material advantages over their competitors.

To find out more about Innovative Composites International Inc. (IC: TSX-V), please visit our website at http://www.innovativecompositesinc.com

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.

"Statements made in this press release include forward-looking statements that involve a number of risks and uncertainties. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, such as the economy, generally, competition in its target markets, the demand for ICI's products and the availability of funding. These forward-looking statements are made as of the date hereof and ICI does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from ICI's expectations and projections."

SOURCE Innovative Composites International Inc.

For further information:

Ilja Troitschanski
Chief Financial Officer
(416) 646-0754
ilja@innovativecompositesinc.com

Graeme Dick
Brisco Capital Partners
(403) 561-8989
graeme@briscocapital.com

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Innovative Composites International Inc.

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