AFTC CEO James C. McCandless states, "Being that Ford is one of the Big 3 Auto Makers that has not been so negatively affected by the slowing economy, we are proud to have them as a potential client and help them steer the boat to meet today's demands." Mr. McCandless also states, "AFTC has positioned ourselves to be the leader in the DME Fuel System market, and winning this contract would be a great boost for the Company."
About 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 NOx emissions are lowered dramatically without the use of expensive exhaust aftertreatment 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 ether (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. The company's ultimate goal is series production of DME fuel systems for the global automotive market by 2011.
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Further information on Alternative Fuel Technologies Inc. is available at: http://www.altfueltechnology.com/
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