Fuel Doctor Holdings, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, par value $0.001 under the Securities Exchange Act of 1934, as amended.

On March 18, 2013, Mark Soffa, Chief Executive Officer of Fuel Doctor Holdings, Inc. resigned from his positions as an officer and director of the company, effective March 19, 2013. Mr. Soffa’s resignation was not due to any disagreements with the company on any matter relating to the company’s operations, policies or practices.

Fuel Doctor Holdings, Inc. announced that the company previously disclosed that it filed an action entitled Fuel Doctor v. Touchstone, Los Angeles Superior Court Case No. BC479694 (Fuel Doctor Action) on or about February 24, 2012 and Touchstone, filed a separate action on or about June 29, 2012 entitled Touchstone v. Fuel Doctor et al. Los Angeles Superior Court Case No. BC487476 (Touchstone Action). On February 21, 2013 a mutual settlement and release agreement was entered into as to both actions. As a result of the Settlement, Touchstone and the Company have agreed to dismiss both the Touchstone Action and Fuel Doctor Action with prejudice. As consideration for the dismissal with prejudice of both lawsuits, Touchstone will surrender to treasury 2,417,397 shares of Fuel Doctor Holdings, Inc. common stock and Fuel Doctor Holdings, Inc. will pay to Touchstone $50,000.