ST. LOUIS--(BUSINESS WIRE)--
International Fuel Technology, Inc. (IFT) (IFUE) announced today that its U.K.-based sales group, Environmental Fuel Technology, Inc., (“EFT”) has secured another road transport account. JJ Field & Co Ltd is using DiesoLiFTTM 10, IFT’s proprietary fuel additive formulation that significantly improves the performance of diesel fuel and bio-diesel fuel blends.
“We are now realizing fuel cost savings as a result of our DiesoLiFT use which provides us with a competitive advantage in the marketplace,” said Gerry Field, a Director of JJ Field & Co Ltd. “In addition, the increased fuel economy means we are burning less fuel and thereby reducing our carbon footprint. Being a green company has always been a goal for us.”
JJ Field & Co Ltd, in business since 1922, is a U.K.-based logistics and haulage company operating a fleet of modern trucks to accommodate all the road transport needs of its clients.
“Our success is generating more and more commercial opportunities in the U.K.,” said Paul Widdowson, EFT Sales Director. “The coordinated efforts of IFT, EFT and Unipart Group in the U.K. road transport sector are now paying off.”
“EFT is working with a growing number of fleets who are experiencing substantial improvements in miles-per-gallon figures when using DiesoLiFT,” Mr. Widdowson continued. “Commercial pressure on margins is the same for both local operators and multinational companies, so reducing fuel bills are of great interest and use of DiesoLiFT is making that happen.”
Unipart Group (http://www.unipart.co.uk/) is IFT’s distribution partner in the U.K., Europe and Australia. They complement and support the selling efforts of IFT and EFT.
About International Fuel Technology
IFT is a fuel performance solutions company focused on providing its technology to large, industrial consumers of diesel fuel and bio-diesel fuel blends in the rail, stationary power generation and road transport industries.
Safe Harbor Statement
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.
Further information on DiesoLiFTTM and the PerfoLiFTTM BD-Series may be found at IFT’s website at: www.internationalfuel.com.
Stuart Beath, 314-863-3000 x417
Chief Financial Officer