NEW YORK, April 17, 2006 (PRIMEZONE) -- Anthony Stout, CEO of First Asia Fuel Corporation, issued the following statement to clarify a recent press release by the company:
"First Asia Fuel is contractually committed to purchase in excess of $1 million of product from International Fuel Technology (OTCBB:IFUE) in calendar year 2006."
The failure of a recent press release by the company to clarify this purchase commitment was an error.
First Asia Fuel Corporation is the exclusive distributor for Asia of DiesolIFT(tm) and other International Fuel Technology products.