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SmallCapNewsRelease:(OTC:AFTC) US Army Contract Negotiations Under Way


WEBWIRE

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

SmallCapNewsRelease gainers are Uroplasty Inc (AMEX:UPI) inTest Corporation (NASDAQ:INTT) Helios & Matheson (NASDAQ:HMNA) China Architectural (NASDAQ:CAEI) Lee Enterprises (NYSE:LEE) Borders Group (NYSE:BGP) Oxford Industries (NYSE:OXM) Hansen Medical (NASDAQ:HNSN)

SmallCapNewsRelease decliners are Sport Chalet (NASDAQ:SPCHB) Bank of Virginia (NASDAQ:BOVA) Siga Technologies (NASDAQ:SIGA) Thomson S.A. (NYSE:TMS) TigerLogic Corp (NASDAQ:TIGR) Valley Financial Corp (NASDAQ:VYFC) Westwood One Inc (NASDAQ:WWON) Cinedigm Digital Cinema (NASDAQ:CIDM)

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