June 11, 2012: Aerocast Inc. (CNSX: A; Frankfurt Stock Exchange: 0AE; www.aerocastinc.com)announces a private placement offering of up to 20,000,000 units of the company's securities at $0.10 per unit to raise proceeds of up to $2,000,000.00.  Each unit will consist of one common share and one share purchase warrant.  Each share purchase warrant shall entitle the holder to purchase one common share at a price of $0.20 per share for a period of 24 months.  Finder's fees may be payable in relation to this offering.  Proceeds of this financing will be used for general working capital.  The company's management belives that itf the full financing is raised in a timely fashion, then the company may have sufficient funds to become profitable and self-sustaining.

The company further announces that neither it nor its wholly owned subsidiary, Aerocast International Inc., are currently able to meet their respective obligations as they come due.  Certain customers are paying some of the subsidiary's bills and the company is very grateful for this support.

In addition to the private placement offering, Aerocast management is actively looking for and reviewing strategic alternatives available to the company.

For more information, contact:

Bob Jamieson
President
Tel.  602-309-1177

E