Monumental new technology advance announced by Aerofoam Metals Inc.

    MISSISSAUGA, ON, Oct. 15 /CNW/ - Aerofoam Metals Inc. (OTC: AFML)
( announced today that a monumental new technological
advance has been made concerning Aerometal(TM). This technological advance
makes Aerometal(TM) lighter and stronger with the ability to easily alter
    Paul Colacci, President and Head of Product Development states "I believe
this new technological advance, which is patent pending, represents the
greatest ever development in the history of foamed aluminum. This is a first
in foamed aluminum. No one has ever done this. Products made from    
Aerometal(TM) will be lighter and stronger. Aerofoam will be able to easily
adjust densities for product configurations and therefore essentially have a
specific grade of Aerometal(TM) for any client's application. This is
spectacularly revolutionary for foamed aluminum. We've gotten light-headed
thinking of what the impact could be on the Aerospace Industry. We cannot
overstate the importance of these new advances and the impact it will have on
the company for all of its stakeholders. It will be phenomenal."
    Aerofoam Metals Inc. will immediately begin producing Aerometal(TM)
utilizing these new advances. Detail concerning new technical specifications
is in progress and will be announced shortly.

    About Aerofoam Metals

    Aerofoam produces a highly unique product, known as Aerometal(TM) which
has a 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(TM) into a wide range of applications as well as interacting with
qualified candidates to establish territorial or product licensing

    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, that 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

For further information:

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

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