ILI Imagine Lithium Inc

ILI Technologies (2002) Corp. (TSX VENTURE:ILI) is pleased to announce that its
100% wholly owned Mexican subsidiary Cdn Oilfield Technologies & Solutions S. de
R.L de C.V. ("COTS") has completed the installation of two additional flexible
pipeline projects totalling 1.318 km as announced Aug 16, 2011. With the
completion of these 2 installations COTS has successfully installed 6 new pipe
lines utilizing the Flexsteel(TM) Pipeline Products 3" Ansi 600 flexible pipe
and connectors rated at 1,500 psi operating pressure totalling 10.131 km for the
transport of hydro carbons and liquids. 


Pemex continues to strongly endorse the company's product line and will be
adding new Flexsteel flexible pipe products to their projects utilizing higher
rated pipe products for use with injection lines. COTS expects to receive its
first work order utilizing these higher rated products in short order. The
anticipated new projects will be for the supply and installation of Flexsteel
Pipeline Products 3" Ansi 900 flexible pipe and connectors rated at 2,250 psi
operating pressure. The anticipated projects form part of progressive program
adopted by COTS and Pemex designed to improve performance, efficiencies and
speed of installation. With reduced costs estimated between 65 to 80 percent
there is little question as to the acceptance of the technology and the shared
vision utilizing this technology going forward. The Flexsteel product line is
the only manufacturer who can openly state that the company has never had an
operational failure in the history of the company.


Phil D'Angelo states, "After several months of additional marketing and working
closely with Pemex, the company is now ready to execute new sales channels
utilizing the next generation of flexible pipe products. COTS continues to
execute on its business strategy and build on its proven successes. The company
is now advancing to the next level of product endorsement which is targeted at
larger diameter pipe contracts. The company will be working diligently to bring
this to fruition.


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, anticipated sales of the company and completion
of installation projects. Although we believe that the expectations reflected in
the forward-looking information are reasonable, there can be no assurance that
such expectations will prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as those set out
in the forward-looking information.


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but
are not limited to: general economic conditions in Canada and Mexico and
globally; industry conditions, governmental regulation, including environmental
regulation; unanticipated operating events or performance; failure to obtain
industry partner and other third party consents and approvals, if and when
required; the availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market volatility;
competition for, among other things, capital, skilled personnel and supplies;
changes in tax laws; and the other industry and geographic specific risk
factors. Investors are cautioned that this list of risk factors should not be
construed as exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Investors are cautioned not to place undue reliance on
forward-looking information.


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any state of
the United States or any other jurisdiction outside of Canada in which such
offer, solicitation or sale would be unlawful. The securities have not been
registered under the U.S. Securities Act of 1933, as amended, or any state
securities laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the U.S. Securities Act of 1933 and applicable state securities laws.

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