Fuel FX Recognized for 5 Million Miles of Problem-Free PerformanceDALLAS--June 26, 2002--Fuel FX, Inc., a privately held Texas corporation, which has developed proprietary technologies that increase miles per gallon (mpg) on diesel and gasoline engines, today announced that they had received recognition for 5 million miles of problem-free performance from its insurance carrier, Glacier Financial Services Corporation. Glacier confirmed in correspondence to Fuel FX that after one complete year and 5 million miles of experience, that there had not been any mechanical breakdown claims.
"Fuel FX is dedicated to developing innovative technologies that deliver the promise of better fuel performance for our customers," said Norman L. Gosa, CEO of Fuel FX."
"Changing Minds: Changing Lives: a company slogan certainly is being achieved with the Fuel FX Reactor. Customer satisfaction with our product and warranty is our top priority. Having reached 5 million miles of performance with no claims is a testament to our Fuel FX team."
"The recognition of Glacier on the achievement of reaching 5 million miles with no claims is certainly exciting to all of us that are a part of the Fuel FX team."
Glacier is a national warranty and underwriting insurance company that has been in business almost 20 years. Its warranty policy for the benefit of Fuel FX customers is underwritten by Automotive Underwriters Insurance Corporation and reinsured by Hartford, a company doing business since 1810.
Additional information and testimonials about the Fuel FX Reactor can be found on the company website: www.fuelfx.us.
Certain statements in this news release may constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.