SOURCE: FuelStream, Inc.

Fuelstream, Inc.

February 27, 2014 10:28 ET

Indictment Against Fuelstream Subsidiary Dismissed

U.S. Government Moves to Dismiss Indictment Against AFI

SUNRISE, FL--(Marketwired - Feb 27, 2014) -  Fuelstream, Inc. (OTCQB: FLST) ("Fuelstream" or the "Company") announced today that the U.S. Department of Justice has filed a motion with the U.S. District Court, Southern District of Florida, to dismiss its indicment against Aviation Fuel International, Inc. ("AFI"), the Company's wholly-owned subsidiary. The indicment was handed down from a grand jury on August 13, 2013 and related to activities of AFI prior to its acquisition by Fuelstream in January 2012. Fuelstream was not named in the indictment and and none of the actions alleged therein are claimed to relate to activities of the Company or any individual while in the employ of the Company. Commenting on the Motion to Dismiss, Robert Catala, the Fuelstream CEO, stated: "We are pleased that the Government has taken the necessary steps to dismiss AFI from this case. We look forward to continuing to build the business of the Company."

About Fuelstream
Fuelstream is an operating fuel logistics company that concentrates its supply chain management efforts in the distribution of aviation fuel to corporate, commercial, military, and privately-owned aircraft throughout the world. Currently, a majority of the Company's fuel and related services are concentrated in the sourcing, purchase and delivery of (Jet-A) fuel "into the wing" of private and commercial aircraft at various airports. With offices in Sunrise, Florida and Johannesburg South Africa, the Company intends to supply a variety of ground services either directly or through its affiliates, including concierge services, passenger and baggage handling, landing rights, coordination with local aviation authorities, aircraft maintenance services, catering, cabin cleaning, customs approvals, and third-party invoice reconciliations. For more information please visit www.thefuelstream.com.

Safe Harbor and Forward-Looking Statements
This press release contains certain forward-looking statements regarding possible future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, any risks and uncertainties with respect to the Company's operations, as well as those contained in the Company's quarterly, annual, and periodic filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.