Alternative Fuel Technologies CEO Has Accepted Invitation to Speak as a "Key Expert" in Washington, DC
17 Junho 2009 - 1:01PM
Marketwired
Alternative Fuel Technologies Inc. (PINKSHEETS: AFTC) -- CEO
McCandless is enthusiastic about the upcoming "Military Energy and
Fuels Conference." "Having the opportunity this October to address
the US Military's needs and provide solutions to their prime
imperative, National Energy Security, I believe our company and
this country are truly moving in the correct direction."
Alternative Fuel Technologies, Inc (AFTC) is a company engaged
in the development and manufacturing of advanced fuel systems for
use with a new alternative fuel -- dimethyl ether (DME). DME is a
"green" or "pollution free" diesel fuel replacement that can be
manufactured at low cost from abundant resources, including
stranded natural gas, coal and biomass. Biomass, a renewable energy
source, is created by converting living and recently dead
biological material, plants, dead trees, and the like into useable
fuel. The United States Military's ability to transform abundant
resources to fuel our Military Vehicles would have a resounding
impact on our country as a whole.
CEO McCandless stated, "The adoption of DME and our Fuel
Injection Systems on the Military Level would offer the private
sector the satisfactory evidence that DME is a legitimate fuel.
McCandless further stated, "It is the company's ultimate goal to
achieve series production of DME fuel systems for the global
automotive market by 2011."
About Dimethyl Ether or DME
DME is a new ultra-clean diesel fuel replacement that can be
produced from abundant resources. These include natural gas,
landfill methane, coal and biomass. At current oil prices, DME can
be produced and distributed at less than 1/2 the cost of
conventional fuel. When burned in a diesel engine, all soot
emissions are eliminated and NO emissions are lowered dramatically
without the use of expensive exhaust after treatment devices.
About AFTC:
Alternative Fuel Technology Inc. is a research & development
organization engaged in the design, development and prototype
manufacturing of advanced fuel systems for use with a new
alternative fuel -- dimethyl either (DME). AFTC has developed
practical, low-cost fuel injection equipment for DME fueled
vehicles and currently provides complete DME fuel systems for
testing and research purposes in addition to retrofit systems that
can be used with most diesel engines.
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statements to actual results or to changes in our expectations,
except as required by law. Further information on Alternative Fuel
Technologies Inc. is available at:
http://www.altfueltechnology.com/
CONTACT: InvestSource, Inc. Investor Relations: Email Contact
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