SOURCE: International Fuel Technology, Inc.

May 02, 2006 10:32 ET

International Fuel Technology and First Asia Fuel Corporation Have Agreed to Terminate Their Distribution Agreement

ST. LOUIS, MO -- (MARKET WIRE) -- May 2, 2006 -- International Fuel Technology, Inc. (OTC BB: IFUE), a fuel science and research company, today announced that it has reached an agreement with First Asia Fuel Corporation to terminate their distribution agreement. IFT is in the process of filing a Form 8-K summarizing the particulars of the separation.

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.

Contact Information

  • Investor Contact:
    Stuart Beath
    Director of Corporate Development
    International Fuel Technology, Inc.
    314-727-3333 x417
    www.internationalfuel.com