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International Fuel Technology Inc. (IFUE) Announces Repeat Purchase Made by PREOL

|Includes: Fuel Performance Solutions, Inc. (IFUE)

International Fuel Technology (“IFT”), a company that develops fuel additive product formulations that enhance the performance of petroleum-based fuels and renewable liquid fuels, recently announced that Czech Republic bio-diesel manufacturer PREOL has made a repeat purchase of its PerfoLiFTBD-8 through distribution partner Nordmann Rassmann Czech Republic. PerfoLiFT BD-8 is a part of the PerfoLiFT BD-Series of fuel additive formulations that offers superior oxidation stability and deposit formation control to bio-diesel of underlying sources.

PREOL, a private company that is located in Lovosice, Czech Republic, is the biggest Czech Republic producer of bio-diesel with a current capacity of more than 100,000 metric tons annually. The company utilizes cutting-edge process technology to make bio-diesel mainly from rapeseed oil. PREOL is also a member of the European Biodiesel Board (EBB).

“This is an important development for IFT,” said Axel Farhi, IFT’s Director of Global Business Development. “The largest bio-diesel producer in the Czech Republic selecting IFT as their established supplier of bio-diesel stabilizer technology speaks for itself regarding product efficacy. This purchase order is also a clear indication of the success IFT is having with its strategy of partnering with well-known distribution partners.”

The company also recently announced that Brazilian bio-diesel manufacturer Bio Capital has made its very first purchase of IFT’s PerfoLiFT BD-7 through IFT distribution partner Next Group Brazil. PerfoLiFT BD-7 is a part of the PerfoLiFT BD-Series as well.

Bio Capital, a private company that is located in Sao Paolo, Brazil, is amongst Brazil’s three largest producers of bio-diesel with a current capacity of 280,000 tons annually.

“With its diverse and sometimes unstable feed sources, the Brazilian bio-diesel market has provided IFT with a number of commercial opportunities for our PerfoLiFTTM BD-Series,” said Dr. Sergio C. Trindade, IFT’s Director of Science and Technology.

For more information on International Fuel Technology Inc., visit their company website at peerfuel.com

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