International Fuels News
Monday March 21, 2005 9:00 AM Eastern Time
International Fuel Technology Hosts Energy Officials from the U.S. Department of Commerce, the Philippines and Indonesia
Delegation includes Philippines Department of Energy, CIIF Oil Mills Group, Rizal Commercial Banking, Pratama Ocean Line & Lemigas
ST. LOUIS – March 21, 2005 – International Fuel Technology Inc. (OTC BB:IFUE), a fuel science and research company, today announced that it will host a delegation of energy officials from the U.S. Department of Commerce, the Philippines and Indonesia from March 21 to March 23. The delegates will tour the laboratories of Southwest Research Institute, which has tested and verified the efficacy of IFT’s fuel additives, and Tomah3 Products, which manufactures the company’s products. Delegates will include:
U.S. Department of Commerce
- Andrew Collier, Senior International Energy Specialist, U.S. Commercial Service, International Trade Administration
- Paul D. Churchill, Director, Milwaukee U.S. Export Assistance Center
- Daniel Rodriguez, Director, San Antonio U.S. Export Assistance Center
Philippines Department of Energy
- Ms. Raquel S. Huliganga, Director for Energy Research and Testing Laboratory
- Ms. Zenaida Monsada, Director of the Oil Industry management Bureau
- Mr. Mario Marasigan, Assistant Director, Energy Utilization Management Bureau for the Philippines
Indonesian State Electricity Corporation
- Mr. Bagus Setiawan, on behalf of Mr. Ali Ibrahim, Director of Generation & Primary Energy
CIIF Oil Mills Group ( Philippines)
- Mr. Daniel M. Coronacion, Director
Rizal Commercial Banking Corporation ( Philippines)
- Mr. Ruy Y. Moreno, Vice President and Executive Assistant to the Executive Vice Chairman & CEO
PT. APRENI PRATAMA Ocean Line ( Indonesia)
- Mr. Tatang Surjadinata, Chief Technical Department
Lemigas ( Indonesia)
- Mr. Rasdinal Ibrahim, Senior Scientist on Process Technology Research Program Group
- Mr. Widjoseno Kaslan, Senior Scientist on Product Application Technology Research Program Group
“The Commerce Department’s Commercial Service works to help U.S. small and medium-sized firms export, and we look forward to working with IFT to help them tap new global opportunities,” said Andrew Collier, Trade Specialist for Global Trade Programs, Foreign Commercial Service, U.S. Department of Commerce. “As the commercialization of our products becomes a reality in regions throughout the world, distribution partners and major end users are verifying that we have the production capacity and quality controls required to meet their expected demand on a timely basis,” said Jonathan Burst, CEO of International Fuel Technology. “In addition, our commercial partners want to view the results of our products first hand and discuss the widespread applications for their use.”
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.
