ST. LOUIS, June 29, 2011 – International Fuel Technology, Inc. (IFT) (OTCBB: IFUE) announced that its extensive research and development initiatives, combined with a growing network of distribution partners worldwide have positioned its PerfoLiFT BD-Series to capture an increasing market share for stabilizing bio-diesel of all underlying source materials.
Fueled by the emergence of national and/or regional bio-fuel mandates, the worldwide production of bio-diesel as a diesel fuel renewable extender is rapidly increasing. Along with vegetable oils, new feed stocks are now being used to meet the demand, such as non-edible oils, animal oils and greases, recycled cooking oils, etc. All these bio-diesel productions need to be stabilized in order to meet the oxidation stability specifications that have been adopted around the world to guarantee the quality of bio-diesel.

“The evolving public attitude towards non-fossil liquid fuels has created a growing market for renewable fuels such as ethanol and bio-diesel,” said Dr. Sergio C. Trindade, IFT’s Director of Science and Technology and Nobel Co-Laureate. “This trend has resulted in an increasing share of ethanol in the gasoline markets, and bio-diesel in the diesel markets.”

Through its global distribution network, IFT is on its way in acquiring a share of the bio-diesel stabilization market as the PerfoLiFT BD-Series has the potential to additize all bio-diesel productions around the globe. Sales of PerfoLiFT BD-Series have already been posted in several European countries (Germany, Romania, The Czech Republic, Portugal and Cyprus) and in Brazil. IFT’s PerfoLiFT BD-Series commercial development is expected to continue growing this year and going forward with anticipated PerfoLiFT BD-Series sales growth in Europe (including new countries such as Spain, Poland, Austria), South America (Brazil, Argentina), North America (US and Canada) and Asia.

“Our extensive research and development efforts have produced a series of additive formulations that are performing on a superior level with bio-diesel manufactured from all underlying source materials,” said Axel Farhi, IFT’s Director, Global Business Development. “This series of superior performing additives, along with the efforts of our distribution partners is producing an increasing and broadening base of revenues and potential revenues to IFT.”

Potential revenue in these markets is substantial. For example, in Brazil, where B-20 is expected to be the eventual bio-diesel fuel blend, 100% market penetration for the PerfoLiFT BD-Series could produce revenue approximating US$30 million to IFT. In the European Union (EU), assuming an average blend of B-7, 100% market penetration could produce revenue approximating US$37 million.
The PerfoLiFT BD-Series is a group of scientifically engineered liquid fuel additive formulations specifically designed to provide superior oxidation stability, long term storage stability, and deposit formation control to bio-diesel and bio-diesel fuel blends. The superior efficacy of the PerfoLiFT BD-Series has been validated at numerous independent test laboratories including BfB Laboratories (Belgium), the National Technology Institute – INT (Brazil), and Montana State University (US).

The PerfoLiFT BD-Series is now recognized as one of the top performing technologies for bio-diesel stabilization and has received the coveted “No Harm” certification from the German-based Association for the Quality Management of Bio-diesel (AGQM) under its renowned “No-Harm and Efficiency” program. AGQM’s “No Harm” certification is the international standard in the bio-diesel industry due to the demanding requirements necessary to obtain such certification. In many markets, AGQM “No Harm” certification is required to enter that market.