Media Advisory - Neo Material Technologies Inc. Third Quarter 2010 Earnings<br>Release & Conference Call

TORONTO, Nov. 1 /CNW/ - Neo Material Technologies will report its third quarter results for the period ended September 30, 2010 on Wednesday, November 10, 2010. Management of the Company will also host a teleconference call to discuss these third quarter results on Thursday, November 11, 2010 at 9:00 A.M. (Eastern Time). Interested parties may access the teleconference by calling [phone] (local) or [phone] (toll free long distance) or by visiting http://www.newswire.ca/webcast.  A recording of the teleconference may be accessed by calling [phone]  (local) or [phone]  (toll free long distance), and entering pass code 21049283# until December 11, 2010 or by visiting http://www.newswire.ca/webcast.

About Neo Material Technologies
Neo Material Technologies is a producer, processor and developer of neodymium-iron-boron magnetic powders, rare earths and zirconium based engineered materials and applications, and other rare metals and their compounds through its Magnequench and Performance Materials business divisions. These innovative products are essential in many of today's high technology products.  Magnequench's Neo powders are used to produce bonded magnets, generally used in micro motors, precision motors, sensors and other applications requiring high levels of magnetic strength, flexibility, small size and reduced weight. Rare earth and zirconium applications include catalytic converters, computers, television display panels, optical lenses, mobile phones and electronic chips. The Company's rare metals products are primarily used in the wireless, LED, flat panel, turbine, solar and catalyst industries. Neo is headquartered in Toronto, Canada.

For further information:

Ali Mahdavi at [phone], ext. 225 or by email at [email protected]