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Aerocast Significantly Increases Production, Capacity, Retains Consultant, Issues Shares, Grants Options

February 18, 2010: Aerocast Inc. (CNSX: A; Frankfurt Stock Exchange: 0AE; www.aerocastinc.com) announces that it has added additional aluminum and magnesium melting equipment to its Nogales, Mexico foundry, which will significantly increase the company’s production capacity. Bob Jamieson, president of Aerocast, states that “This will greatly assist us in meeting Aerocast’s aggressive growth targets for 2010”.

Aerocast has also entered into a consulting agreement with a consultant who has agreed to identify advisers who may be interested in considering the common stock of the company, introduce the company to such advisers and to institutional investors and assist in institutional financings.


Aerocast has agreed to issue a total of 50,000 shares at a deemed price of $0.30/share in settlement of an account owing and grant 100,000 options to a consultant exercisable for a two year period at $0.30/share.

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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