IC International Corona Capital Corp

Innovative Composites International Inc. (TSX VENTURE:IC)(OTCQX:ICIZF) ("ICI" or
the "Company"), a producer of proprietary engineered composite products,
announced today that its board of directors (the "Board") has appointed Mark
Rivers, currently a director of the Company, to serve as Vice Chairman and
interim Chief Executive Officer of the Company. The Board wishes to express its
gratitude to Terry Ball, the previous CEO, who is being appointed President and
Chief Operating Officer allowing him to focus on day-to-day operations, and who
will remain as a director of the Company. Sam Greiss has resigned as Chief
Financial Officer and as a director of the company.


Mark Rivers is the founder of several businesses, including: Presidents of
Enterprising Organizations, one of the largest CEO Executive Development
Networks in Canada; Breakthrough Growth Corporation, a boutique strategy
consulting firm specializing in facilitating breakthroughs in enterprise growth
and value; CEO Capital Corporation, a boutique investment bank that provides
"inflection point" capital and expertise to small mid-sized companies; He has
been called upon to help companies work through various issues affecting growth,
such as mergers, partner buyouts, strategic alliances and conflict resolutions.
Mr. Rivers has been engaged by shareholders and pension funds across North
America as an activist on behalf of shareholders to lead the restoration of
value in several public companies. In this capacity he has served as chairman,
executive chairman and CEO of three different public companies listed on the
Toronto Stock Exchange, the TSX Venture Exchange, and the NEX, and has
successfully led the turnaround in value and performance of extremely distressed
companies in the defense, software, aerospace, naval and transportation
industries.


The Board looks forward to working with Mark in seeking to address its current
funding requirements while unlocking the true potential of the Company's
business and technology. Ken Keeley, Chairman, stated on behalf of the Board,
"Mark has a strong track record for unlocking underlying value in companies and
generally achieving results under difficult circumstances. So far he has shown
himself to be articulate, decisive and able to get people onside and things done
quickly. We look forward to his contribution." Said Mr. Rivers, "There is a lot
to do in a very short period of time but I believe in the potential of this
business and I know the passion of its stakeholders. I'm excited by this
challenge. I am committed to engaging with investors and all our stakeholders to
work with them to rebuild their confidence and work with management, the Board
and our customers and suppliers to restore the confidence and value of this
uniquely valuable business."


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, automotive,
transportation 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.
Mark Rivers
Interim Chief Executive Officer
647-526-5899
mrivers@ceocaptialcorp.com
www.innovativecompositesinc.com

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