BOYNTON BEACH, FL -- (MARKET WIRE) -- 04/09/08 -- Puradyn Filter Technologies Incorporated(OTCBB: PFTI) today announced it received purchase orders totaling over$1,100,000 for 3,000 puraDYN® oil filtration systems and 5,800 filtersfrom one of its international distributors. The systems and filters arescheduled to be shipped in specific allotments throughout 2008 and 2009.Following installation, these systems will require an estimated 9,000 to12,000 replacement filters annually. This is the Company's first order todate of this magnitude.Joseph Vittoria, Chairman and CEO, Puradyn, said, "We are extremely pleasedwith the interest developing around the world for our products, partiallyas a result of oil prices soaring to more than $100 a barrel. Puradyn hasseen progress in supplying bypass oil filtration to international consumersover the past few years, but the last six months have shown an increase inactivity. This is a strong confirmation of the need for bypass oilfiltration technology.
"The effort to reduce oil consumption and improve the environment isclearly becoming more apparent from our overseas distributors. Thisdistributor, in particular, quickly grasped the product's concept and wasable to penetrate the market, showing end-users a cost-efficient way toconserve oil and lower oil purchases up to 90%. We will be continuing ourexpansion into new applications in this territory."
Vittoria concluded, "The performance of the puraDYN® Oil FiltrationSystems is gaining momentum as oil prices continue to move upward. Theability of the puraDYN filtration systems to remove solid, liquid, andgaseous contaminants from engine, transmission and hydraulic oil; andmaintain the engine oil's chemical balance throughout by slowly replacingthe base additives keeps the equipment operating on continuously clean oil.When the equipment is running at optimum efficiency, fuel consumption isimproved, thereby reducing harmful emissions. The puraDYN® system workswell with engines or hydraulic equipment using any type of fuel -- diesel,gasoline, propane, natural gas or biodiesel."
About Puradyn Filter Technologies Incorporated
Puradyn (OTCBB: PFTI) designs, manufactures and markets the puraDYN® OilFiltration System, the most effective bypass oil filtration product on themarket today. It continuously cleans lubricating oil and maintains oilviscosity to safely and significantly extend oil change intervals andengine life. Effective for internal combustion engines, transmissions andhydraulic applications, the Company's patented and proprietary system is acost-effective and energy-conscious solution targeting an annual $15billion potential industry. puraDYN® equipment was selected as themanufacturer used by the US Department of Energy in a three-year evaluationto research and analyze the performance, benefits and cost analysis ofbypass oil filtration technology.
STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA AREFORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS,UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, INCLUDINGBUT NOT LIMITED TO THE POSSIBLE INABILITY TO RAISE CAPITAL FUNDS, LACK OFPROTECTION FROM INTELLECTUAL PROPERTY, VULNERABILITY BECAUSE OFMANUFACTURING A LIMITED NUMBER OF PRODUCTS, DEPENDENCE ON DISTRIBUTORS,ORDERS PREVIOUSLY STATED IN THIS PRESS RELEASE MAY NOT MATERIALIZE, AND THEPOSSIBILITY THAT THE PRODUCTS DO NOT MEET CUSTOMERS' NEEDS, WHICH MAY CAUSEACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLYDIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BYTHESEFORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO,THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES ANDEXCHANGE COMMISSION.
CONTACT:
Kathryn Morris
Director, Corporate Communications
(T) 561 547 9499, x 226
investor-relations@puradyn.com
http://www.puradyn.com