Fuel Performance Solutions Inc. (fka IFUE)

[seamonkeydc]

Nov 17, 2011 Expanding Rail Progress to Belgium

The National Railway Company of Belgium (SNCB) to Commence Field Validation Of DiesoLiFT(TM) 10

ST. LOUIS, Nov 17, 2011 (BUSINESS WIRE) -- International Fuel Technology, Inc. (IFT) (OTCBB: IFUE) announced that it is making dramatic progress in opening up markets in both Western and Eastern Europe for its breakthrough diesel fuel additives. To date, the most significant commercialization successes have been in the U.K., where extensive laboratory testing and field usage have consistently demonstrated the fuel economy benefits provided by DiesoLiFT(TM) 10. Multiple sales orders for DiesoLiFT(TM)10 have already been filled. Sales to the U.K. rail market are expected to grow rapidly in the years ahead aided by the affiliation with Unipart Group, the U.K.'s premier distributor to the rail industry. The market for DiesoLiFT(TM) 10 in the U.K. rail industry alone is estimated at $15 million.
IFT's German-based distribution partner, Nordmann Rassmann's ("NRC"), is making significant progress with Eastern European-based rail operators. Among them, both Romanian rail operator Regiotrans SRL and Polish rail operator PKP LHS have commenced field validation programs using DiesoLiFT(TM) 10. Nordmann Rassmann has generated sales volumes this year and continues to develop a growing number of business opportunities.

Now IFT is moving into Belgium. The National Railway Company of Belgium (SNCB) has signed a memorandum of understanding (MOU) to conduct a formal field validation process on their own equipment under their supervision. The testing is designed to confirm the fuel economy benefits of DiesoLiFT(TM) 10. SNCB (http://www.b-rail.be/main/) was founded in 1926 and is responsible for all of the rail operations, both passenger and freight, in Belgium. On an annual basis, SNCB handles over 200 million passengers and hauls approximately 60 million tons of freight.

"The compelling conclusions from extensive laboratory and field testing completed in the U.K. have garnered the attention of rail operators and other major industry users of diesel fuel around the world," said Axel Farhi, IFT's Director of Global Business Development, "and we anticipate a continuation of the growing interest in our products."

About International Fuel Technology, Inc.

IFT is a fuel performance enhancement company focused on providing its technology to large, industrial consumers of diesel fuel and bio-diesel fuel blends in the rail, stationary power generation and road transport industries.

IFT has two primary product lines, DiesoLiFT(TM) 10 and the PerfoLiFT(TM)BD-Series.

DiesoLiFT(TM) 10 is IFT's proprietary surfactant-based fuel additive formulation for use with diesel fuel and bio-diesel fuel blends. The product has been scientifically proven to provide a significant improvement in fuel economy and a reduction in harmful emissions. In addition, DiesoLiFT(TM) 10 increases fuel lubricity, provides detergency benefits and co-solves normal amounts of free water, which collectively reduce maintenance costs for the end user. The product is easy to use, only splash blending is needed, and its use has been proven to have no effect on fuel composition, make-up or standard specification.

The PerfoLiFT(TM) BD-Series is a series of fuel additive formulations specifically developed to provide superior oxidation stability and deposit formation control to bio-diesel and bio-diesel fuel blends.

Safe Harbor Statement

Some statements contained in this release may be forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements as to commercialization of the Company's products and business development activities. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to generate revenues and other factors as described in the Company's literature and filings with the Securities and Exchange Commission.

Further information on DiesoLiFT(TM) and the PerfoLiFT(TM) BD-Series may be found at IFT's website at: www.internationalfuel.com.

SOURCE: International Fuel Technology, Inc.

CONTACT:
International Fuel Technology, Inc. Stuart Beath, 314-863-3000, x417 Chief Financial Officer
Copyright Business Wire 2011
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KEYWORD: United States
Belgium
Europe
North America
Missouri
INDUSTRY KEYWORD: Energy
Oil/Gas
Transport
Rail
Automotive
Other Automotive
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