Alternative Fuel Technologies, Inc. Announces 1st Quarter Profit

Alternative Fuel Technologies, Inc. Announces 1st Quarter Profit

Herndon : VA : USA | May 22, 2012 at 6:40 AM PDT
Source: PRWeb
Views: Pending

R/D contracts with the US Army involving the development of high performance, diesel type fuel injection equipment that is capable of running on jet fuel. Jet fuel (JP-8) has very poor lubricating properties, causing high wear of diesel fuel system components. DME” design and materials technology, wear has been reduced by up to 90%. August, 2013.

About Alternative Fuel Technologies, Inc.
Alternative Fuel Technologies, Inc. DME) and other low lubricity fuels, like JP-8 and propane, in both diesel and spark ignited (gasoline type) direct injection systems.

The company has developed practical, low-cost fuel injection equipment for DME fueled vehicles and currently provide O.E.M’s., government research organizations and universities with complete DME fuel systems for testing and research purposes. The company's ultimate goal is series production of DME and other alternative fuel injection systems for the automotive, agricultural and construction, marine, defense and locomotive markets.

DME is a new alternative fuel for diesel engines that eliminates smoke emissions and lowers NOx emissions without the use of expensive particulate filters and SCR catalysts. DME can be economically produced from abundant natural gas, biogas and renewable feed stocks. DME can be blended (up to 15%) with liquid propane and burned in modern, direct injection passenger car (gasoline type) engines. AFT plans to apply its DME technology to gasoline direct injection systems burning neat propane and/or a blend of propane and DME. DME fuel systems for a passenger car diesel, multiple off-highway diesels and marine diesel engines. We have also been asked to participate in a feasibility study of using DME in locomotive diesel engines...This includes the purchase of an additional R/D and prototype manufacturing facility and hiring more engineers...One possible product under review is the production of a robust, high pressure diesel common rail pump for racing applications.

Safe Harbor Statement: Statements contained in this release, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, acceptance of new or existing businesses, capital resources and future business or financial results are "forward-looking" statements. You should not place undue reliance on these forward-looking statements. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, customer acceptance of our products, our ability to raise capital to fund our operations, our ability to develop and protect proprietary technology, government regulation, competition in our industry, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. Jim McCandless-President & CEO

For the original version on PRWeb visit:

  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
  • Credibility
  • Wait... Flag

More From Allvoices

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.