St. Louis, MO – February 20, 2013 -- International Fuel Technology, Inc. (OTCQB: IFUE), developer of proprietary diesel and bio-diesel fuel performance enhancement additives, today announced that it has received nine purchase orders totaling approximately $325,000 from multiple commercial customers located in a number of countries, primarily in Europe.
“We are enthusiastic about our diversified base of high quality multinational customers and their accelerating pace of initial orders and re-orders,” said International Fuel Technology’s CEO, Jonathan Burst. “In light of our traction in Europe as well as commercialization developments for our products in other key geographic markets, it now appears that our sales are on a trajectory for more than a 500% increase from last year. Our technology is being endorsed constantly as we gain market share and brand recognition in a growing number of international markets. Interest is developing among a wide variety of industrial sectors, including rail, bus, trucking and power generation -- each with enormous potential -- as is evident from our business activities now underway.”

Recent commercial developments include the following:

• Through Nordmann Rassmann, IFT’s distribution partner in Germany and Central Europe:
  • Two bulk orders for PerfoLiFTTM BD-3 from one of the leading bio-diesel manufacturers in Europe;
  • A repeat order for PerfoLiFTTM BD-8 from one of the largest bio-diesel manufacturers in Central Europe;
• A repeat order for PerfoLiFTTM BD-3/LV from an established bio-diesel manufacturer in the Eastern Mediterranean;
• An initial order from a U.K.-based specialty retailer: This $1 billion in annual revenue retailer completed a field trial at one of its distribution fleet depots and experienced improvement in fuel economy of over 6% (and less maintenance down time). This performance resulted in the retailer placing its first purchase order for DiesoLiFT 10;
• A marketing and distribution partnership with a distributor of specialty chemicals and additives that has over $12 billion in annual revenue;
• A repeat sale of DiesoLiFTTM FEB to an IFT distribution partner for resale to stationary power generation operators. DiesoLiFTTM FEB is a combination of DiesoLiFTTM 10 and PerfoLiFTTM providing both superior fuel economy and fuel stability to bio-diesel fuel blends;
• A repeat order from a large regional grocery store that has been using DiesoLiFTTM 10 in its entire fleet of distribution trucks since 2007; and
• A repeat order from a U.S.-based operator of heavy-duty off-road equipment in the construction and aggregate mining business that has been using DiesoLiFTTM 10 since 2008.