ZCL Composites Inc. Field Tests Tank Lining System

December 14, 2004  

Edmonton, Alberta December 14, 2004... ZCL Composites Inc. (TSX:ZCL) is pleased to announce the commencement of field testing of its Prezerver+Plus+™ Tank Lining System that has been developed over the past year. The Prezerver+Plus+™ System upgrades a steel or fiberglass single wall tank to a level that meets the requirements of secondary containment and continuous monitoring.

The Prezerver+Plus+™ System adapts proven technology used in the Company’s Prezerver® double wall tanks that are currently purchased by most major and independent oil companies in Canada, and will carry the same warranty and benefits offered by the Prezerver® products. This lining process upgrades a single wall tank “in situ” with a three-dimensional laminate using patented materials combined with a proprietary state-of-the-art curing system. In addition, the System allows storage of new fuels, including the new ethanol and other blends now being legislated in certain provinces in Canada and states in the United States.

Tank lining is a very large and lucrative international market and, at this time, there are no competitive alternative products in the marketplace. The Company estimates that the potential annual lining market in North America could be in excess of $300 million.

Preliminary results of the first field trial are very encouraging. The purpose of field testing is to establish system performance and training requirements for a superior quality product along with safe installation techniques. Further tests will continue to evaluate performance and installation under various site and weather conditions. Qualified applicators will be trained in all aspects of this new system prior to full implementation.

“This is a giant and promising step towards the implementation of our lining system,” says Ven Côté, President & CEO. “We are poised to take advantage of this tremendous opportunity with the anticipated introduction to the marketplace early in our next fiscal year.”

ZCL Composites Inc. trades on the Toronto Stock Exchange under the symbol “ZCL” and is Canada’s largest manufacturer of fiberglass underground storage tanks. ZCL’s complete fuel storage systems marketed under the “Prezerver” trademark carry a $2 million warranty against pollution.

Certain information in this news release may constitute forward-looking statements that are based on current expectations and are subject to risks and uncertainties. Many internal and external factors may cause actual results to differ materially from those expressed or implied. The Company disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Venence G. Côté
President & CEO
ZCL Composites Inc.
(780) 466-6648
ven.cote@zcl.com
Tony G. Barlott
VP Finance & CFO
ZCL Composites Inc.
(780) 466-6648
tony.barlott@zcl.com

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