New PR (SSTP Jet Fuel Compatible)
Press Release Source: Sustainable Power Corp.
Sustainable Power Corp.'s All Green Jet Fuel, Combined With an Undisclosed Airline Jet Fuel, Provide Favorable Test Results on "All-Green" Bio-Jet Fuel Blend
Monday June 16, 2:50 pm ET
Over 18 Billion Gallons of Jet Fuel Consumed in 2007 for Scheduled Domestic and International Flights
BAYTOWN, TX--(MARKET WIRE)--Jun 16, 2008 -- Sustainable Power Corp. (Other OTC:SSTP.PK - News) is pleased to announce today that joint testing conducted with an undisclosed airline, which provided jet-fuel, combined with the Company's "All-Green" bio-jet fuel, resulted in impressive results.
A 90/10 jet fuel blend was created by combining ninety percent (90%) of the undisclosed airline's currently-used petroleum-based jet fuel with ten percent (10%) of Sustainable Power Corp.'s "All-Green" bio-jet fuel.
The sample testing, conducted by AmSpec Services, LLC, concluded that Sustainable Power's 90/10 blend had met and exceeded current jet fuel specifications and that the Company's "All-Green" bio-jet fuel is a viable replacement for a portion of the petroleum-based jet fuel used in all passenger aircraft.
A link to view the laboratory test results has been posted here: sustainablepower.com
Neil Boone, V.P. of Special Projects for Amspec, stated, "We were pleased to oversee the blend between this airline's current jet fuel and Sustainable Power Corp.'s bio-jet fuel. The attached lab results met and surpassed all the standards the airline has requested from us."
John Rivera, Chairman of SSTP, stated, "In 2007, the total jet fuel consumed for domestic and international scheduled flights totaled over 18 Billion gallons(1) and these figures do not include military or private aircraft use. With the current price range for jet fuel of $7-$8(2) per gallon in some areas of the United States, an initial 10% share of this market would be an overwhelming achievement for the Company."
"Given the current rise in jet fuel and all petroleum-based products, a goal of a 10% market share should give the investment community an idea of how significant this announcement is to the company's future potential revenue stream," added Mr. Rivera.
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