Alternative Fuel Technologies Awarded $715,000 Phase 2 SBIR U.S. Army ContractREDFORD, Mich., Oct 27, 2010 /PRNewswire via COMTEX/ -- Alternative Fuel
Technology, LLC, a wholly owned subsidiary of Alternative Fuel Technologies,
Inc. (Pink Sheets: AFTC) announced today that the Company has been awarded and
has commenced working on a U.S. Army Phase 2 SBIR project valued at US$715,000.
"This is the largest Army contract the Company has ever been awarded," said
James McCandless, Chief Executive Officer of Alternative Fuel Technologies, Inc.
"The Phase 2 project is an extension of a successful Phase 1 project in which
AFT identified a significant wear problem on a commercial diesel common rail
fuel injection system running on JP-8 jet fuel."
The Army uses JP-8 jet fuel in all of its diesel applications for logistics
reasons. The Company will redesign the commercial diesel common rail pump to
lower wear to acceptable levels in this Phase 2 project. To accomplish this
goal, AFT will apply materials technology and other lessons learned during the
development of the Company's well known DME common rail fuel system.
"Following successful completion of Phase 2, the project may qualify for Phase 3
whereby the Company can commercialize the product and sell it to the military
and commercial customers," said McCandless.
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