SOURCE: Alternative Fuel Technologies

October 12, 2009 09:15 ET

Alternative Fuel Receives Order From Korea Institute of Energy Research

REDFORD, MI--(Marketwire - October 12, 2009) - Alternative Fuel Technologies, Inc. (PINKSHEETS: AFTC) announced today that they have received an order from the Korea Institute of Energy Research (KIER) for two (2) DME fuel injection pumps. KIER will use AFTC's pumps to develop a DME fueled engine in their laboratory. When successful, a similar engine will be converted to DME and installed in a Hyundai e-Mighty truck for "real world" road testing.

KIER is interested in AFTC's DME technology as a replacement for diesel fuel and views DME as an economic means by which the country may improve air quality and gain increased energy security in the future. In addition, government officials realize the potentially massive economic benefits associated with widespread adoption of DME as a fuel source.

About KIER

The Korea Institute of Energy Research is a Government entity focused on advanced energy Research and Developments projects with the goal of mass implementation and Commercialization of efficient, clean energy alternatives (http://www.kier.re.kr/open_content/eng/main_page.jsp).

About DME

DME is a new ultra-clean diesel fuel replacement that can be produced from abundant resources. These include natural gas, landfill methane, coal and biomass. At current oil prices, DME can be produced and distributed at less than 1/2 the cost of conventional fuel. When burned in a diesel engine, all soot emissions are eliminated and NOx emissions are lowered dramatically without the use of expensive exhaust aftertreatment devices.

About AFTC

Alternative Fuel Technologies, Inc. is a research & development organization engaged in the design, development and prototype manufacturing of advanced fuel systems for use with a new alternative fuel -- dimethyl either (DME). AFTC has developed practical, low-cost fuel injection equipment for DME fueled vehicles and currently provides complete DME fuel systems for testing and research purposes, in addition to retrofit systems that can be used with most diesel engines. The company's ultimate goal is series production of DME fuel systems for the global automotive market by 2011.

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