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Integral Partner Chang Rim Eng Approaches First Significant ElectriPlast Order

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CANTON, Mich., March 17, 2015 /PRNewswire/ -- Integral Technologies, Inc. (ITKG) ("Integral"), an emerging light-weighting leader and its wholly owned subsidiary ElectriPlast Corp., announced today that its Asian molding partner, Chang Rim Eng Inc. ("Chang Rim") has completed its testing and development of a motor casing for an Asian automotive customer. "There were modifications that were made to meet the customer's requirements late last year,   consequently we needed to produce new samples, and perform additional testing to complete the validation process," stated Won-Hyun Kwon, Chang Rim's President. "We have fulfilled all the requirements and we expect a significant order."

In addition to its automotive motor casing and enclosure product, Chang Rim has aggressively pursued other shielding applications outside of the automotive industry. To support this effort, Chang Rim is implementing a manufacturing extrusion line for the development of a new extrusion process for applications that are currently under development.  "Most of our partners implement ElectriPlast via injection molding, but ElectriPlast can also be extruded.  Extrusion provides an opportunity to pursue new applications that are not possible with injection molding," stated Doug Bathauer, Integral's CEO. "In addition to implementing an extrusion line, Chang Rim will be working with various resins, including PET, PVC and PC. We are excited about this direction as we continue to work with Chang Rim in their innovative use of ElectriPlast."

Chang Rim is a specialty molder based in Daegu, South Korea focusing on high margin plastic injection molded products for a variety of industries including automotive, consumer and industrial products.

About Integral Technologies, Inc.

(ITKG) ("Integral"), and wholly owned subsidiary ElectriPlast Corp., engage in the discovery, development, and commercialization of electrically conductive hybrid plastics used primarily as raw materials in the production of industrial, commercial and consumer products and services worldwide. Its core material, ElectriPlast®, is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%. Integral is a leader in conductive hybrid plastics with a broad Intellectual Property portfolio referencing its ElectriPlast technology. Applications for ElectriPlast include: Shielding Wire, Power Electronics, Connectors, and Cables; Shielding, Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices, Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, RFID, Bus bars and Terminals.

Safe Harbor Statement

This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies.  In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology.  These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties.  Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K for the year ended June 30, 2014 as filed with the Securities and Exchange Commission and available at, and (4) the parties may be unable to agree upon definitive agreements.  You are urged to consider these factors carefully in evaluating the forward-looking statements.


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SOURCE Integral Technologies, Inc.