International Beryllium Corporation Changes Name To IBC Advanced Alloys Corp.

VANCOUVER, BC — February 27th, 2009International Beryllium Corporation (TSX-V: IB) (“IBC”) is pleased to announce that, effective March 2nd, 2009, the Company will officially change its name from International Beryllium Corporation to IBC Advanced Alloys Corp. In conjunction with the name change the Company’s new internet address will be in recognition of the IBC brand.

The Company’s board of directors unanimously approved the name change to reflect the Company’s increasing focus on downstream manufacturing and distribution activities as demonstrated by the recent important and strategic acquisitions of Freedom Alloys and Nonferrous Products. At the same time, the board required that IBC remain an integral part of the new name to reflect the historical beryllium connection and to underscore the continued importance of the Company’s mineral assets and its mine to market corporate strategy.

“We believe the name change is appropriate and timely as it highlights advanced alloys as being the Company’s key revenue drivers and also promotes the IBC brand across the organization and into the market,” said Anthony Dutton, IBC’s President and CEO. “The Company’s core focus will continue to be consolidating beryllium and beryllium related opportunities across the industry,” continued Dutton, “but to also widen our net to include complementary advanced alloys and intermediate products in order to better serve our growing customer base and to enhance shareholder value.”

About IBC Advanced Alloys Corp.
IBC Advanced Alloys Corp. is a world wide manufacturer and supplier of advanced alloys and other intermediate products with a focus on beryllium related alloys as well as non-ferrous alloys for a broad range of industrial applications including nuclear power, oil and gas, defense, electronics and automotive. The Company also owns significant beryllium mineral and exploration assets in Utah, Colorado and Brazil. IBC Advanced Alloys shares are traded on the TSX Venture Exchange under the symbol IB.

For additional information please contact:
IBC Advanced Alloys Corp.
Anthony Dutton, CEO
(604) 685-6263 ext 111
Email: [email protected]