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Integrated Performance Systems, Inc. Receives Approval to Commence Trading on the OTC Bulletin Board Under 'IPFS'

Integrated Performance Systems, Inc. Receives Approval to Commence Trading on the OTC Bulletin Board Under 'IPFS'

WYLIE, Texas, June 29 /PRNewswire-FirstCall/ -- Integrated Performance Systems, Inc. (BULLETIN BOARD: IPFS) , a leading Electronic Manufacturer Services (EMS) company which designs, engineers and manufactures technologically advanced printed circuit boards, announces it has been approved to commence trading on the OTC Bulletin Board (OTCBB) under the symbol "IPFS" effective with the opening of trading June 28, 2006. In order to find the Company's information through some online financial websites it may be necessary to enter the symbol "IPFS.OB".

"We are very pleased that Integrated Performance Systems, Inc. stock will be traded on the OTC Bulletin Board. It further demonstrates our strategic growth plan and reflects the Company's ongoing commitment to increase IPFS's value and visibility," said Brad J. Peters, vice president and chief financial officer of Integrated Performance Systems, Inc.

About Integrated Performance Systems, Inc.

Integrated Performance Systems, Inc. is a leading Electronic Manufacturer Services (EMS) company through its wholly owned subsidiary Lone Star Circuits, designs, engineers and manufactures technologically advanced printed circuit boards. Our customers are generally high-end commercial companies, the military and military suppliers. The commercial markets are typically characterized by time-sensitive, high technology prototypes and short product life cycles. The military markets require special certifications and are characterized by high reliability and advanced technology and in many cases are formalized by long-term contracts. Our principal products are complex multi-layer printed circuit boards, including antenna and metalback radio frequency circuit boards. Printed circuit boards serve as the basis and foundation for electronic equipment. The circuit boards we produce are sold through direct sales people and manufacturer's representatives to a variety of commercial and military markets. The commercial markets and their applications include power systems, telecommunications, computer hardware, consumer electronics, instrumentation and controls. The military applications for our products include satellite communications, avionics, missiles, smart bombs, defense systems, radar detection and test equipment.

For More Information, Contact: Brad J. Peters, Vice President and Chief Financial Officer 1-800-303-9266 Visit the Company's website at http://www.integratedperformsys.com/ Jim Drewitz, Investor Relations Creative Options Communications 972-355-6070 / [email protected]

Certain statements contained herein with respect to factors which may affect future earnings, including management's beliefs and assumptions based on information currently available, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements that are not historical facts involve risks and uncertainties, and results could vary materially from the descriptions contained herein. For more details on risk factors, see the company's annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and other filings with the Securities and Exchange Commission.

Integrated Performance Systems, Inc.

CONTACT: Brad J. Peters, Vice President and Chief Financial Officer of
Integrated Performance Systems, Inc., +1-800-303-9266; or Jim Drewitz,
Investor Relations of Creative Options Communications, +1-972-355-6070, or
[email protected] , for Integrated Performance Systems, Inc.

Web site: http://www.integratedperformsys.com/

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