SOURCE: International Fuel Technology, Inc.

July 05, 2005 09:34 ET

French Governmental Agency to Evaluate International Fuel Technology’s Fuel Additive Technology

Test Program Will Analyze the Effect of IFT Technology on Gasoline/Ethanol Fuel Blends

ST. LOUIS, MO -- (MARKET WIRE) -- July 5, 2005 -- International Fuel Technology, Inc. (OTC BB: IFUE), a fuel science and research company, today announced that AGRICE, the Agricultural Resources for Chemistry and Energy division of ADEME, the French agency for Environment and Energy Management, will commence a test program to specifically evaluate the effects of IFT technology on gasoline/ethanol fuel blends.

The test program is expected to be completed in the first quarter of 2006. Gasohol blends of 5% to 10% ethanol will be tested.

Expertises Technologies et Services Produits (ETSP), a technical and commercial partner of IFT, will supervise and coordinate the test on behalf of IFT and SNPAA, the French alcohol producers association.

Jonathan Burst, IFT’s CEO, said, “We are very pleased to be selected for this test program. The potential benefits of our technology continue to generate a lot of interest in the marketplace.”

Axel Farhi, who joined IFT from Gulf Oil International in late 2004 and the IFT point person for the AGRICE project said, “This is a very important step for IFT. Ethanol is a growing source of alternative energy in the European marketplace. If we can demonstrate the benefits our technology brings to gasohol fuel blends, we will open up a sizeable market for IFT products.”

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.

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