SUNRISE, FL — June 3, 2014 – Fuelstream, Inc. (OTCQB: FLST) (“Fuelstream” or the “Company”) is pleased to announce plans to provide fuel management services for commercial aviation clients who have established relationships with major fuel suppliers and fuel service providers. Fuelstream plans to provide a custom fuel administration solution to commercial aviation clients looking to outsource that function of their business. Our goal will be to provide our customers with safe and efficient fueling services on an independent basis.
Fuelstream plans to offer its clients’ significant cost savings and the capability to handle all arrangements. This will allow their flight department and crew members to focus on their mission, as well as their passengers and customers. We currently have the capability for both domestic and international trips and provide an end to end solution which includes submitting, researching, scheduling, verifying, and invoicing all of our clients’ purchases. Since Fuelstreem does not have an inventory, we are free to search all options for every client on every trip.
Kevin Blanco, Vice President of Sales for Fuelstream said, “Our accomplished professionals thoroughly understand our aviation clients’ business challenges. Our goal is to demonstrate our understanding of the requirements and responsibilities our clients’ face.” Mr. Blanco continued, “On the fuel management side of the business, we are still working on behalf of our clients, but the financial responsibility and risk is significantly minimized. We will continue to source, purchase, and deliver Jet-A fuel, but the fuel management side of the business provides an exceptional opportunity.”
Fuelstream is an operating fuel logistics company that concentrates its supply chain management efforts in the distribution of aviation fuel to corporate, commercial, military, and privately-owned aircraft throughout the world. Currently, a majority of the Company’s fuel and related services are concentrated in the sourcing, purchase and delivery of (Jet-A) fuel “into the wing” of private and commercial aircraft at various airports. With offices in Sunrise, Florida and Johannesburg South Africa, the Company intends to supply a variety of ground services either directly or through its affiliates, including concierge services, passenger and baggage handling, landing rights, coordination with local aviation authorities, aircraft maintenance services, catering, cabin cleaning, customs approvals, and third-party invoice reconciliations. For more information please visit www.thefuelstream.com.
Safe Harbor and Forward-Looking Statements
This press release contains certain forward-looking statements regarding possible future circumstances. These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, any risks and uncertainties with respect to the Company’s operations, as well as those contained in the Company’s quarterly, annual, and periodic filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.
Atlanta Capital Partners, LLC
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