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Aerospace Industries Association Reports Another Record Year for Aerospace Sales

December 10, 2009 Trading Symbol - CNSX: A;  FSE: ØAE

Aerocast Inc. (CNSX: A; Germany: ØAE) (“Aerocast”) announces that the 2009 Year End Review and 2010 Forecast, released by the Aerospace Industries Association (AIA), states that the momentum generated by a remarkable period of growth carried the industry through the last year, and will push aerospace sales to another record year in 2009. The AIA estimates that aerospace sales will reach $214.1 billion in 2009, up more than 4 percent from 2008. The forecast states that net profit after taxes for the aerospace industry increased 6.5 percent to $15.6 billion in 2009. The full report is available on the AIA website at www.aia-aerospace.org.

About the Aerospace Industries Association

The Aerospace Industries Association (“AIA”) is the premier trade association representing major aerospace and defense manufacturers. More than 100 major aerospace and defense companies are members of the association, embodying every high-technology manufacturing segment of the U.S. aerospace and defense industry from commercial aviation and avionics, to manned and unmanned defense systems, to space technologies and satellite communications. In addition, the association has more than 175 associate member companies, all of which are leading aerospace and defense suppliers. The AIA provides a forum for government and industry representatives to exchange views and resolve problems on non-competitive matters related to the aerospace industry.

About Aerocast Inc.

Aerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has very little competition. The Company’s senior management team has over 110 years combined experience in the aerospace foundry industry.

Aerocast’s shares trade on the Canadian National Stock Exchange (CNSX) under the symbol ‘A’.

For more information, contact Robert Jamieson Sr., at Tel. (480) 830-0848 ext 108 and e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or visit the Company’s website at www.aerocastinc.com.

On Behalf of the Board of Directors,

Aerocast Inc.
Per:


“Raynard von Hahn”
CEO and Director


Canadian Trading and Quotation Systems Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

 

Not for Distribution in the United States or to U.S. Persons.
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Forward-Looking Information:


Aerocast Inc. (the “Company”) advises that this release may include certain statements that may be deemed "forward-looking information". Forward-looking information means disclosure regarding possible events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action and includes future oriented financial information with respect to prospective results of operations, financial position or cash flows that is presented either as a forecast or a projection. Such disclosure is identified in this release by the use of words such as “could”, “should”, "will" and "expects" as well as the use of the future or conditional tense. Material factors or assumptions that were applied in drawing a conclusion or making a forecast or projection set out in the forward-looking information include: prices quoted by the Company to its customers, the quantities of particular products that the Company expects certain customers to order, and the Company’s assumption that its customers will proceed with orders they have placed. Although the Company believes it has a reasonable basis for drawing the conclusions or making the forecasts and projections set out in the forward-looking information, readers are cautioned that forward-looking information is not a guarantee of future performance and actual results or developments may differ materially from those in the forward-looking information. Material factors that could cause actual results to differ materially from a conclusion, forecast or projection include customer demand and market prices for the Company’s products and services, continued availability of capital and financing, and general economic, market or business conditions. The Company does not assume any obligation to update or revise its forward-looking information, whether as a result of new information, future events or otherwise.

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