SmallCapNewsRelease:(OTC:AFTC) US Army Contract Negotiations Under Way
JERICHO, NY--(SmallCapNewsRelease)--December 10th, 2009, Alternative Fuel Technologies (OTC:AFTC) announced today that they have been awarded with negotiations for a Phase 2 SBIR contract with the US Army.
The Phase 2 project, valued at $730,000, is an extension from Alternative Fuel Technologies successful Phase 1 project. All Department of Defense SBIR Projects are required to have the ability to work in commercial applications in the private sector, which Phase 2 is aimed at.
For view the entire press release, please visit http://finance.yahoo.com/news/Alternative-Fuel-Technologies-iw-3611234996.html?x=0&.v=1
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