SOURCE: Fuel Doctor Holdings, Inc.

Fuel Doctor Holdings, Inc.

March 06, 2012 07:00 ET

Fuel Doctor Continues Global Roll-Out of Its FD-47 With Distribution Agreement for Several Middle East Countries

Minimum Estimated Product Sales of $4,000,000 Over 5 Years to Maintain Exclusivity

CALABASAS, CA--(Marketwire - Mar 6, 2012) - Fuel Doctor Holdings, Inc. (the "Company") (OTCBB: FDOC), a provider of innovative automotive aftermarket solutions, today announced it has signed an exclusive distribution agreement (the "Agreement") for its Platinum FD-47 power conditioner/fuel efficiency booster with Saudi Arabia-based Gulf Caravan Trading. This Agreement gives Gulf Caravan Trading the exclusive rights to use Fuel Doctor's intellectual property and to market, distribute and sell the FD-47 fuel efficiency booster throughout parts of the Middle East and parts of Africa. The territory covers 11 counties including Saudi Arabia, Bahrain, Qatar, Kuwait, United Arab Emirates, Oman, Jordan, Lebanon, Egypt, Sudan, and Kenya. FD-47 is a patent-pending power conditioner/fuel efficiency booster that increases a vehicle's miles per gallon (MPG) by power conditioning the vehicle's electrical systems.

Per the terms of the Agreement, Gulf Caravan Trading will purchase from Fuel Doctor Holdings approximately 267,000 FD-47 units over the next five years for a total estimated purchase price of over $4,000,000. The Agreement may be extended for an additional five years and over $30,000,000 worth of additional FD-47 sales. The companies may also expand the agreement to include the sales of other Fuel Doctor products. Gulf Caravan Trading must meet five-year minimum purchase requirements in order to maintain its exclusive distribution rights in the territory.

Gulf Caravan Trading has been active in the automotive business since 1995 and has been an authorized distributor for numerous global companies and brands including 3M and V-KOOL. Mohammed Alajaji, Founder of Gulf Caravan Trading stated, "Given our deep experience in the automotive business throughout the Middle East, Fuel Doctor is yet another successful brand that we are adding to our automotive aftermarket distribution network. We believe Fuel Doctor's FD-47 is a consumer automotive product that will meet with strong demand, particularly in many of the countries within our territory where fuel costs are on par with global pricing."

"Following upon the successful introduction of the FD-47 in China and South America, the distribution agreement in these Middle Eastern and select African countries keeps us on track for the global roll-out of FD-47 in 2012. We continue to aggressively pursue Master Distribution agreements throughout the rest of these regions in addition to continuing our efforts of global distribution," stated Mark Soffa, President and Chief Executive Officer of Fuel Doctor Holdings. "A growing number of vehicle owners around the world have at least two things in common -- the desire to lower fuel costs as well as reducing the impact of greenhouse gas emissions. We look forward to a long-term and productive relationship with Gulf Caravan Trading."

About Fuel Doctor Holdings, Inc.
Fuel Doctor Holdings, Inc. (the "Company") provides innovative solutions to the automotive aftermarket. The Company is the exclusive worldwide distributor of the Platinum FD-47, a power conditioner/fuel efficiency booster that plugs into the lighter socket/power port closest to the engine of a vehicle 24 months and older to help drivers regain lost miles per gallon (MPG) through power conditioning of the vehicle's electrical systems. The Platinum FD-47 is sold by blue chip retailers nationwide and has undergone certified laboratory and field testing by Test Car Engineering, Ledico/Bosch, Kett Engineering and Intertek a global leader in quality, safety, and inspection and testing of consumer goods.

During 2011, Fuel Doctor was the primary sponsor of Turn One Racing in NASCAR's Camping World Truck Series. Fuel Doctor was also the primary sponsor in 2011 for Rusty Wallace Racing, competing in the NASCAR Nationwide Series and Gaunt Brothers Racing, competing in both NASCAR's Canadian Tire Series and NASCAR's K&N Pro Series.

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