HOUSTON - May 11, 2010 - FuelQuest, Inc., the leading on-demand software and services company for the global downstream energy industry, announced today the addition of Paul Stone, Chairman, Shell Turcas Petrol AS, to their advisory board. Stone is a veteran energy executive whose extensive experience within the oil products industry includes: retail, commercial, lubricants, and supply & distribution. In his thirty-two years at Shell, Stone managed business expansion into countries such as Brazil, India, Indonesia, Mexico, Russia, Turkey, and Ukraine. He is also an active member of the Energy Institute.

"I am delighted to be joining the FuelQuest Advisory Board, especially in this period when the company has ambitious growth plans in exciting and challenging markets within Latin America and the Far East. I look forward to working with Matt Tormollen and the other Board members in seeing the company deliver on its growth strategy."

Mr. Stone holds a Ph.D. in mechanical engineering from the University of Surrey and attended the Ashridge Management College for Business Management, the Oxford University Business School for International Economics, and INSEAD, France for Strategic Leadership.

The FuelQuest advisory board members reflect the industry segments in which the company delivers products and services: convenience and fuel retail, energy trading and risk management, fleet card and fleet management, and petroleum transportation and logistics. Stone joins existing board members Rich Cilento, Glycos Biotechnologies; Mike Forbes, KAG Logistics; Ron Fulenchek, 7-Eleven; and Kenneth Kral, U.S. Bank Voyager Fleet Systems, Inc. This independent board meets regularly and provides FuelQuest guidance on business strategy, market development opportunities and product direction.

"FuelQuest has a diverse customer base with significant international operations," said Matt Tormollen, president and CEO, FuelQuest. "We plan to leverage Paul's vast experience and industry knowledge as we develop and execute our growth strategy into new markets within the U.S. and internationally for both our fuel management and tax automation solutions."

About FuelQuest
FuelQuest provides on-demand fuel management, tax automation, and compliance solutions for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest's solutions deliver operational and financial value to over 750 customers. These customers include leading global oil companies, international retailers, shippers and government entities. FuelQuest's fuel management solutions help customers manage the complexity, regulation and market volatility for more than 15 billion gallons of gasoline and diesel fuel annually. Its Zytax solutions ensure compliance and accuracy for tens of billions of dollars of energy-related excise taxes per year. Find out more online at www.fuelquest.com.

Media Inquiries:
Allison McNulty
FuelQuest, Inc.
(713) 222-5742
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