IC International Corona Capital Corp

Innovative Composites International Inc. ("ICI" or the "Company") (TSX
VENTURE:IC)(OTCQX:ICIZF), a producer of proprietary engineered composite
products, announced today that its board of directors (the "Board") has approved
the amending and restating of the Company's by-laws to introduce an advance
notice requirement in connection with shareholders intending to nominate
directors in certain circumstances (the "Advance Notice Procedures").


The Advance Notice Procedures set forth a procedure requiring advance notice to
the Company by any shareholder who intends to nominate any person for election
as director of the Company other than pursuant to (i) a requisition of a meeting
made pursuant to the provisions of the Business Corporations Act (Ontario) (the
"OBCA"), or (ii) a shareholder proposal made pursuant to the provisions of the
OBCA. Among other things, the Advance Notice Procedures set a deadline by which
such shareholders must notify the Company in writing of any intention to
nominate directors prior to any meeting of shareholders at which directors are
to be elected and set forth the information that the shareholder must include in
their notice for it to be considered valid.


The Advance Notice Procedures provide a clear and transparent process for all
shareholders to follow if they intend to nominate directors. In that regard, the
Advance Notice Procedures provide a reasonable time frame for shareholders to
notify the Company of their intention to nominate directors and require
shareholders to disclose information concerning the proposed nominees that is
mandated by applicable securities laws.


In the case of an annual meeting of shareholders, notice to the Company must be
made not less than 20 and not more than 65 days prior to the date of the annual
meeting; provided, however, that in the event that the annual meeting is to be
held on a date that is less than 50 days after the date on which the first
public announcement of the date of the annual meeting was made, notice may be
made not later than the close of business on the 10th day following such public
announcement.


In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Company must be made not later than the close of
business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made. 


The Advance Notice Procedures is effective immediately and will be placed before
shareholders for ratification at the upcoming annual meeting of shareholders of
the Company (the "Meeting") to be held on June 6, 2013.


The Advance Notice Procedures are in effect until confirmed, confirmed as
amended or rejected by shareholders at the Meeting and, if confirmed at the
Meeting, the Advance Notice Procedures will continue in effect in the form in
which they were so confirmed.


About Innovative Composites International Inc.

Headquartered in Toronto, Canada, Innovative Composites International Inc. (TSX
VENTURE:IC)(OTCQX:ICIZF) is a high-tech engineering and manufacturing company
whose goal is to utilize its proprietary "green" composite materials and
building systems to provide innovative, engineered product solutions to markets
that include prefabricated modular housing, shelters and containers, and
industrial applications.


To find out more about ICI please visit our website at:
www.innovativecompositesinc.com.


Statements made in this press release include forward-looking statements that
involve a number of risks and uncertainties. These statements relate to future
events or future performance and reflect management's current expectations and
assumptions. A number of factors could cause actual events, performance or
results to differ materially from the events, performance and results discussed
in the forward-looking statements, such as the economy, generally, competition
in its target markets, the demand for ICI's products and the availability of
funding. These forward-looking statements are made as of the date hereof and ICI
does not assume any obligation to update or revise them to reflect new events or
circumstances. Actual events or results could differ materially from ICI's
expectations and projections.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Innovative Composites International Inc.
Sam Greiss
Chief Financial Officer
(416) 646 0754
sgreiss@innovativecompositesinc.com
www.innovativecompositesinc.com

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