International Fuels News

Tuesday February 5, 2008 9:00 AM Eastern Time

IFT Completes Research and Development Efforts for DiesoLIFT™ 10 In Rail Engine Applications

Testing Verifies Fuel Economy Gains and Emissions Reductions

Field Validation Trials to Commence in the First Half of 2008

 

ST. LOUIS, February 5, 2008 – International Fuel Technology, Inc. (IFT) (OTCBB: IFUE) today announced that it had completed research and development efforts on DiesoLIFT™10 in rail engine applications. DiesoLIFT™10 is IFT’s proprietary fuel additive formulation for use with diesel fuel and bio-diesel fuel blends.

Extensive testing, in association with government authorities and rail operators, at independent test facilities worldwide have demonstrated that use of DiesoLIFT™10 significantly increased fuel economy and reduced CO2 and particulate matter emissions. For example, IFT completed three phases of rail engine testing at MI Technology Group, a U.K. based independent test laboratory. The tests were organized by the rail governing authorities in the U.K. and were supervised by Interfleet, a world-renowned rail consultant. Test results demonstrated that use of DiesoLIFT™10 increased fuel economy by 6% (at 90% load factor) in a Cummins locomotive with 35,000 miles of operational use. Test results also demonstrated that use of DiesoLIFT™10 increased the power performance of the engine and significantly reduced particulate emissions.

The benefits of DiesoLIFT™10 have been demonstrated in use with numerous rail engines (Cummins, Perkins and General Motors) and diesel fuel types (No.2 diesel, European EN590 diesel and ultra low sulfur diesel and bio-diesel B-20).

As a result of the successful research and development efforts with DiesoLIFT™10, IFT has commitments from numerous rail operators to commence field validation trials in the first half of 2008. In addition, the successful research and development efforts have convinced a number of prominent fuel additive distribution companies to partner with IFT to market and distribute DiesoLIFT™10 to the rail and other industries.

“Three years ago we set out to unequivocally demonstrate to the rail industry that we had a fuel additive technology that could provide substantial cost savings through fuel economy improvement, lower maintenance costs and reduced greenhouse gas and particulate emissions,” said Sergio Trindade, IFT’s Chief of Science and Technology. “The process has been deliberate but we have now succeeded in demonstrating our claims. We are highly confident that upcoming field validation trials will lead to the introduction of DiesoLIFT™10 into the railroad fuel stream.”

“The rail industry consumes a significant amount of diesel fuel annually,” said Gary Kirk, IFT’s Director of Sales and Marketing. “The U.S. rail industry alone consumes approximately 6 billion gallons annually. At a 5% improvement in fuel economy, use of DiesoLIFT™10 could reduce the annual consumption of diesel fuel by U.S. rail operators by an aggregate of 300 million gallons.”

“We expect IFT to realize revenues from the sale of DiesoLIFT™10 to the rail industry in 2008,” said Jonathan Burst, IFT’s CEO. “The rail application has been our primary focus since inception, so completing extensive R&D work and advancing to the field validation trial stage is a significant milestone for IFT. The value proposition we offer to the rail industry is irrefutable and will also contribute to improving our planet for generations to come.”

 

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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