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Tony Cross Joins IFT as Non-Executive Director
ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.
Tony Cross Joins IFT as Non-Executive Director
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FOR IMMEDIATE RELEASE
Tony Cross Joins IFT as Non-Executive Director
MISSOURI, ST. LOUIS, Sep. 11 -/E-Wire/-- International Fuel Technology Inc. (OTC BB: IFUE), the developer of a series of fuel additives and fuel blends designed to increase fuel economy and reduce harmful emissions, announces the addition of Tony Cross to the IFT Board as a Non-Executive Director. Mr. Cross will be responsible for the formal development of IFT's marketing plan, as well as overseeing the execution of sales and marketing objectives.
Mr. Cross has extensive experience in the petrochemical industry. From 1988 to 2001, he worked for Carless Refining & Marketing Ltd., a United Kingdom based affiliate of Repsol, a Spanish oil company. His most recent duties were as Managing Director where he was responsible for development and execution of marketing strategies. Prior to Carless, Mr. Cross spent 15 years with Exxon Chemical Company in Australia, Europe and then in the United Kingdom where he was the Marketing Manager for the solvents business division of Esso Chemical Ltd.
Jonathan R. Burst, President and CEO of IFT, stated "we are very fortunate to have someone with Tony's background join our team. His experience and contacts in the petrochemical industry have secured the focus and leadership IFT needed to achieve its sales and marketing objectives. Tony will move the Company forward in its next step to develop relationships with larger customers and carve out its place in the petrochemical industry. We have begun to bring in the industry expertise necessary to achieve these marketing objectives."
Tony Cross stated "after substantial due diligence I believe IFT has developed a unique and proprietary technology resulting in the development of a number of commercially viable products. I believe an organized marketing effort will generate significant interest and demand for these products in the marketplace."
Some statements contained in this release may be forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements as to commercialization of the company's products and business development activities. 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, the company's ability to generate revenues and other factors as described in the Company's literature and filings with the Securities and Exchange Commission.
International Fuel Technology, Inc.
International Fuel Technology, Inc.,
Jonathan R. Burst, (314) 727-3333
http://www.internationalfuel.com
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