This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

International Fuel Technology, Inc. Reaches New Milestone: Makes First Bulk Sale Of PerfoLiFT™ BD-3, With Value Exceeding $100,000

International Fuel Technology, Inc. (IFT) (OTCBB:IFUE) announced today it made its first bulk sale of PerfoLiFT TM BD-3 (value exceeding $100,000) to a leading European bio-diesel manufacturer. As part of a supply agreement, this one account is expected to generate annual revenues of approximately $1,000,000.

“This purchase order is the result of the successful efforts of one of our distribution partners,” said Axel Farhi, IFT’s Director of Global Business Development. “Our network of distribution partners continues to be instrumental in generating revenues and sales opportunities for IFT. IFT is now selling PerfoLiFT TM BD-Series products to eight European-based bio-diesel manufacturers. In addition, this technology has been recently introduced to the US and Canadian bio-diesel industries. We expect to generate substantial revenues in North America in 2013 and onward from the sales of PerfoLiFT TM BD-Series grades.”

“The PerfoLiFT TM BD-Series alone has provided IFT a clear path to meaningful revenues for 2013,” said Stuart Beath, IFT’s Chief Financial Officer. “In addition, we recently partnered with one of the largest chemical and additives distribution companies in the world. Their efforts combined with expected new account generation from our existing distribution partners should significantly increase the $1,300,000 in revenues expected from existing PerfoLiFT TM BD-Series accounts in 2013.”

The PerfoLiFT TM BD-Series is a group of scientifically engineered liquid fuel additive formulations specifically designed to provide superior short term oxidation stability, long term storage stability, and deposit formation control to bio-diesel and bio-diesel fuel blends of all underlying sources. The superior efficacy of the PerfoLiFT TM BD-Series has been validated at numerous independent test laboratories including BfB Laboratories (Belgium), the National Technology Institute – INT (Brazil), and Montana State University (US).

IFT’s PerfoLiFT TM BD-Series products have received the coveted “No Harm” certification from the German-based Association for the Quality Management of Bio-diesel (AGQM) under its “No-Harm and Efficiency” program. This certification is the international standard in the bio-diesel industry due to the demanding requirements necessary to obtain such certification and, in many countries, is necessary before entering the market.

About International Fuel Technology

IFT 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.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,915.07 -70.54 -0.42%
S&P 500 1,964.68 -8.15 -0.41%
NASDAQ 4,396.2040 -22.83 -0.52%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs