<TABLE> <S> <C>

<PAGE>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from The
International Fuel Technology Inc. March 2000 Form 10-Q/A and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<RESTATED>

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                         DEC-31-2000
<PERIOD-START>                            JAN-01-2000
<PERIOD-END>                              MAR-31-2000
<CASH>                                         19,990
<SECURITIES>                                        0
<RECEIVABLES>                                  15,468
<ALLOWANCES>                                        0
<INVENTORY>                                         0
<CURRENT-ASSETS>                               30,088
<PP&E>                                         15,505
<DEPRECIATION>                                (3,179)
<TOTAL-ASSETS>                              1,219,597
<CURRENT-LIABILITIES>                         896,437
<BONDS>                                             0
                               0
                                         0
<COMMON>                                      177,927
<OTHER-SE>                                    145,233
<TOTAL-LIABILITY-AND-EQUITY>                1,219,597
<SALES>                                             0
<TOTAL-REVENUES>                                    0
<CGS>                                               0
<TOTAL-COSTS>                               1,274,627
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                              1,449
<INCOME-PRETAX>                           (1,276,076)
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                       (1,276,076)
<DISCONTINUED>                                      0
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                              (1,276,076)
<EPS-BASIC>                                     (.08)
<EPS-DILUTED>                                   (.08)



</TABLE>



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