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

ST. LOUIS, November 17, 2011 – 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™ 10. Multiple sales orders for DiesoLiFT™ 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™ 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™ 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™ 10. SNCB (www.b-rail.be) 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.”