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IFT News PREOL Makes a Repeat Purchase of International Fuel Technology, Inc.’s PerfoLiFT™ BD-8

PREOL Makes a Repeat Purchase of International Fuel Technology, Inc.’s PerfoLiFT™ BD-8

Monday, 15 August 2011 10:22
ST. LOUIS, August 12, 2011 – International Fuel Technology, Inc. (IFT) (OTCBB:IFUE) announced today that Czech bio-diesel manufacturer PREOL made a repeat purchase of IFT’s PerfoLiFT™  BD-8 through IFT distribution partner Nordmann Rassmann Czech Republic. PerfoLiFT™  BD-8 is part of the PerfoLiFT™ BD-Series of fuel additive formulations that provides superior oxidation stability and deposit formation control to bio-diesel of all underlying sources.

PREOL, a private company located in Lovosice, Czech Republic, is the largest Czech producer of bio-diesel with current annual capacity of over 100,000 metric tonnes. The company employs state-of-the-art process technology to make bio-diesel primarily from rapeseed oil. PREOL is a member of the European Biodiesel Board (EBB).

“This is an important development for IFT,” said Axel Farhi, IFT’s Director of New Business Development. “The largest bio-diesel producer in the Czech Republic selecting IFT as their established supplier of bio-diesel stabilizer technology speaks for itself regarding product efficacy. This purchase order is also a clear indication of the success IFT is having with its strategy of partnering with well-known distribution partners.”

Note

Statements contained in this web site that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. 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, demand for the Company’s product both domestically and abroad, the Company's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in the Company’s literature and any periodic filing with the Securities and Exchange Commission.

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