(OTC: AFTC) DME Technology to Be Used by KIER in 2010
October 08 2009 - 7:30AM
Marketwired
Alternative Fuel Technologies (PINKSHEETS: AFTC) announced
yesterday that they were informed by the Korean Institute of Energy
Research (KIER) that their DME technology would be used in a
research and development program slated for June 2010.
The KIER's Government sponsored research includes exploring new
and renewable energy resources. During the 1970s and 1980s growth
surge in Korea, little was done to protect and preserve the
environment. Recent efforts by the KIER as well as Korea's $84
billion dollar Green Growth project has paved the way for companies
like Alternative Fuel Technologies to help the country of Korea
reduce emissions on vehicles.
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Other active stocks are: General Electric (NYSE: GE), Quasar
Aerospace Industries (OTC: QASP) and Exxon Mobil Corp (NYSE:
XOM)
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