• Home
  • About
    • Our Mission
    • FAQ
    • Investor Communications
      • Filing Documents
    • Management
      • Jonathan R. Burst
      • Stuart Beath
      • Thomas M. Powell
      • Dr. Sergio C. Trindade
      • Gary Kirk
      • Axel Farhi
    • Testimonials
  • Products
    • DiesoLiFT™10
    • DiesoLiFT™BD-Series
    • DiesoLiFT™EM1
    • GasoLiFT™10
    • KeroLiFT™10
    • Product Literature
  • IFT Labs
    • Testing & Research
    • Material Data Safety
  • IFT News
    • Latest News
    • Media Coverage
    • News Archive
    • News Feeds
  • Partners
    • Development Partners
    • Manufacturing Partners
  • Contact
    • Corporate
    • International Sales
    • Distributors
IFT News Romanian Rail Operator Regiotrans SRL Signs Memorandum Of Understanding With IFT

Romanian Rail Operator Regiotrans SRL Signs Memorandum Of Understanding With IFT

Tuesday, 19 July 2011 14:17

WILL BEGIN FIELD VALIDATION OF DIESOLIFTTM 10 WITH ITS ENTIRE FLEET OF LOCOMOTIVES


ST. LOUIS, July 19, 2011 – International Fuel Technology, Inc. (IFT) (OTCBB: IFUE) announced that Romanian rail operator Regiotrans SRL has signed a memorandum of understanding (MOU) with IFT to begin a formal field validation process to confirm the fuel economy benefits of DiesoLiFT™ 10.  Nordmann Rassmann Romania SRL, a division of IFT distribution partner Nordmann Rassmann (http://www.nordmann-rassmann.com/), will help manage and oversee the field validation process.

“In order to better manage the environmental impact of its operations, Regiotrans SRL has set internal goals for higher energy efficiency. The validation program of IFT’s DiesoLiFT™ 10 in Regiotrans’ entire fleet of locomotives is expected to reduce Regiotrans’ diesel consumption and production of atmospheric emissions,” said Axel Farhi, IFT’s Director of Global Business Development.

“This Regiotrans MOU is the first of many rail opportunities that Nordmann Rassmann and IFT will work on together,” said Jonathan Burst, IFT’s CEO. “Our relationship with Nordmann Rassmann exemplifies the success of our primary commercial strategy of outsourcing distribution by partnering with large, well-known companies that have existing, well established marketing channels with the transportation industry.”

Founded in 2005, Regiotrans SRL (http://www.regiotrans.ro/index.php), an associate member of UIC (International Union of Railways), is the largest private passenger rail operator in Romania with 4 million passengers carried in 2009. The company operates long distance and commuter trains under a license from the Romanian Railway Authority. Regiotrans SRL is committed to improving quality, safety and comfort of passengers and to promote environmental responsiveness.
 

Note

Statements contained in this web site that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. 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, demand for the Company’s product both domestically and abroad, the Company's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in the Company’s literature and any periodic filing with the Securities and Exchange Commission.

Text Size
Login

  • Forgot your password?
  • Forgot your username?
Scroll To Top
Copyright © 2013 International Fuel Technology. All Rights Reserved.