ST. LOUIS, July 14, 2004 (PRIMEZONE) -- International Fuel Technology Inc. (OTCBB:IFUE), the developer of a series of environmental fuel additives and fuel blends designed to increase fuel economy and reduce harmful emissions, announces that an independent research report on IFT has been published by Spelman Research, Ltd.
Spelman is a boutique equity research firm providing independent research for significantly under-followed small cap companies. Spelman distributes its research to a broad audience of institutional and individual investors seeking information on under-followed small cap stocks. A copy of the IFT research report is available on Spelman's web site: www.spelmanresearch.com.
The research report was contracted for and paid for by BlueCar Partners, a significant shareholder of IFT.
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.