IC International Corona Capital Corp

Innovative Composites International Inc. (CNSX:IC)(OTCQX:ICIZF) ("ICI", or the
"Company") is pleased to announce that it has increased its previously announced
subsequent tranche offering of convertible debentures (the "Debentures") for an
additional principal amount of up to $1.15 million. On September 5, 2013, the
Company issued $2,016,875 principal amount of Debentures, while indicating that
it was seeking to complete an additional tranche offering of Debentures for
additional gross proceeds of up to $983,125. Including Debentures issued
pursuant to the first tranche closing, and assuming completion of this second
tranche, the Company will have issued an aggregate of $3,166,875 principal
amount of Debentures. It is anticipated that the second tranche will close on or
about October 8, 2013. With the objective of preserving cash to fund ongoing
business objectives and in light of the Company's current working capital
position, approximately $1 million of the second tranche debentures will be
issued in satisfaction of existing debts of the Company, with the balance being
subscribed for with cash proceeds. Cash proceeds of the second tranche will be
used for general working capital purposes.


About Innovative Composites International Inc.

Headquartered in Toronto, Canada, Innovative Composites International Inc. 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 automotive and
transportation, shelters and containers, construction and housing, 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. 


The CNSX has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Innovative Composites International Inc.
Mark Rivers
Chief Executive Officer
(416) 646 0754
mrivers@ceocapitalcorp.com
www.innovativecompositesinc.com

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