SOURCE: International Fuel Technology Inc.

March 17, 2006 09:33 ET

International Fuel Technology Responds to Recent Stock Price Volatility

ST. LOUIS, MO -- (MARKET WIRE) -- March 17, 2006 -- International Fuel Technology Inc. (OTC BB: IFUE), a fuel science and research company, today announced that the Company has no knowledge of any event that would cause the recent stock price volatility.

The Company has approximately $5,000,000 in cash, marketable securities and inventory, and has no debt. The Company has cash on hand to fund projected operations through 2007.

The primary focus continues to be executing the business plan of the Company.

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