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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.

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