Nulon India, IFT’s Distribution Partner in India, Expects 300 Tons of DiesoLIFTTM 10 to Be Purchased by End Users in the Next 12 Months
International Fuel Technology, Inc. (IFT) (OTCBB: IFUE) today announced that Nulon India, IFT’s distribution partner in India, recently completed extensive field trials with a number of major road transport companies. Each trial was successful and demonstrated that use of DiesoLIFTTM 10 increased fuel economy by over 5%.
“We are not aware of any fuel additive formulation in the market today that even comes close to the fuel economy improvement demonstrated by DiesoLIFTTM 10 in road transport engines,” said Mr. Krishan Golyan, Managing Director of Nulon India. “DiesoLIFTTM 10 was used in a variety of engines and a number of different applications (for example, city buses, long haul trucks and heavy equipment), and consistently demonstrated the ability to achieve over 5% improvement in fuel economy. Because of the success of these trials, we expect to begin realizing revenues from these road transport companies in the second quarter of 2008. Over the next 12 months we project sales of DiesoLIFTTM 10 to our clients in India to exceed 300 tons.”
“The most important selling point we have is the value proposition that DiesoLIFTTM 10 provides to the end user,” continued Mr. Golyan. “Wholesale diesel prices in India are approximately $3.30 per gallon. A 5% fuel economy improvement equates to gross savings of $.165 per gallon.”
“DiesoLIFTTM 10 continues to demonstrate its extraordinary value proposition to end users of diesel fuel,” said Gary Kirk, IFT’s Director of Sales and Marketing. “The benefits of our technology have been demonstrated again and again at prominent independent test facilities all over the world. The benefits of our technology have been validated in numerous field trials all over the world. We are at the point in our progress where the body of evidence demonstrating the fuel efficiency gains by using DiesoLIFTTM 10 is irrefutable.”
About International Fuel Technology
International Fuel Technology is a fuel performance enhancement company focused on providing its technology to large, industrial consumers of diesel fuel and bio-diesel fuel blends in the rail, stationary power generation and road transport industries.
Safe Harbor Statement
Some statements contained in this release may be forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements as to commercialization of the Company's products and business development activities. 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, the Company's ability to generate revenues and other factors as described in the Company's literature and filings with the Securities and Exchange Commission.
Further information on DiesoLIFT™ may be found at IFT’s website at: www.internationalfuel.com
International Fuel Technology, Inc.
Stuart Beath,
314-727-3333 x417
Chief Financial Officer
or
Piedmont
IR, LLC
Investor Relations Contact:
Keith Fetter
or Darren Bankston, 678-455-3696
info@piedmontir.com

