8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)  November 13, 2009

PURADYN FILTER TECHNOLOGIES INCORPORATED

(Exact name of registrant as specified in its charter)

Delaware	0-29192	14-1708544
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2017 High Ridge Road, Boynton Beach, FL	33426
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code (561) 547-9499

not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On November 13, 2009 Puradyn Filter Technologies Incorporated (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2009. A copy of this press release is included as Exhibit 99.1 to this report.

Pursuant to General Instruction B.2 of Form 8-K, the information in this Item 2.02 of Form 8-K, including Exhibit 99.1, is being furnished pursuant to Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 7.01 Regulation FD Disclosure.

As disclosed in Item 2.02 above, on November 13, 2009, the Company issued a press release, which is attached as Exhibit 99.1 hereto, announcing its financial results for the third quarter ended September 30, 2009. A copy of this press release is included as Exhibit 99.1 to this report.

Pursuant to General Instruction B.2 of Form 8-K, the information in this Item 7.01 of Form 8-K, including Exhibit 99.1, is being furnished pursuant to Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise be subject to the liabilities of that section, nor is it incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.	Description
99.1	Press release dated November 13, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PURADYN FILTER TECHNOLOGIES INCORPORATED
Date: November 13, 2009	By:	/s/ Joseph V. Vittoria
		Joseph V. Vittoria, Chairman and Chief Executive Officer

2

EX-99.1

Exhibit 99.1

Puradyn Announces 3rd Quarter Financial Results

Boynton Beach, FL – [November 13, 2009] - Puradyn Filter Technologies Incorporated (OTCBB: PFTI), the global bypass oil filtration system manufacturer, today reported results of operations for the third fiscal quarter ended September 30, 2009.

Net sales the three months ending September30, 2009 decreased approximately 33% or $199,000, to approximately $398,000, from approximately $597,000 for the three months ending September30, 2008. Net sales year-to-date for the nine-month period decreased by approximately 34% or $727,000; from approximately $2.15 million in 2008 to approximately $1.43 million in 2009. This decrease is due entirely from the decline in sales from international customers which have been significantly affected by the global economy.

Cost of goods sold decreased approximately $108,000 or 20%, from approximately $538,000 for the three months ending September 30, 2008 to approximately $430,000 for the three months ending September 30, 2009; and by approximately $397,000 or 22%, from approximately $1.8 million for the nine months ending September 30, 2008 to approximately $1.4 million for the same period in 2009. Cost of products sold, as a percentage of sales, increased from approximately 84% for the nine months ended September 30, 2008 to approximately 99% for the same period in 2009. This increase is attributable to a considerable decrease in sales during the first and third quarters of 2009 and allocation of fixed and variable factory costs over fewer sales.

The Company reported a net loss of approximately $534,000 or ($0.01) per share, basic and diluted, for the quarter ended September 30, 2009, compared to a net loss of approximately $670,000 or ($0.02) per share, basic and diluted, for same period in 2008. Basic and diluted weighted average shares used in the calculation for the three-months ended 2009 and 2008 were 41,096,539 and 34,525,584, respectively.

Kevin G. Kroger, President and COO, said, “As expected, overall economic recovery has been slow and we have felt the impact as a number of our customers are postponing ordering until they are in a more secure position.

“That being said, we have made considerable progress in the oil and gas services industry. In May we announced a program with a major oil drilling service company to outfit puraDYN^® systems on engines operating on oil drilling platforms both internationally and domestically. In November, we expanded our presence in this market from another major company in this field with an initial order for over 200 puraDYN^® systems and most recently have been asked to help with reducing their oil costs related to their hydraulic applications. The equipment used in this industry is immense with multiple engines on each rig and, due to the size of the engines; most require parallel banks of our largest systems.

“In September, Puradyn became a corporate partner to the Texas Association of School Administrators. This organization represents over 1,100 school districts in Texas.”

Kroger concluded, “Despite the difficult economic conditions in which we are operating, Puradyn offers a cost-effective solution to reducing a fleets operating cost and reducing the total overall carbon footprint.”

For further discussion relevant to the Company’s financial status, you can request a copy of the Company’s quarterly report on Form 10-Q at 561 547 9499, or go to the Investor Relations section of the Company’s website at www.puradyn.com. A copy is also available at the SEC website, www.sec.gov.

About Puradyn Filter Technologies Incorporated

Puradyn (OTCBB: PFTI) designs, manufactures and markets the puraDYN^® Oil Filtration System, the most effective bypass oil filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution targeting an annual $15billion potential industry. puraDYN^® equipment was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze the performance, benefits and cost analysis of bypass oil filtration technology.

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY’S CONTROL, INCLUDING BUT NOT LIMITED TO THE POSSIBLE INABILITY TO RAISE CAPITAL FUNDS, LACK OF PROTECTION FROM INTELLECTUAL PROPERTY, VULNERABILITY BECAUSE OF MANUFACTURING A LIMITED NUMBER OF PRODUCTS, DEPENDENCE ON DISTRIBUTORS, ORDERS PREVIOUSLY STATED IN THIS PRESS RELEASE MAY NOT MATERIALIZE, AND THE POSSIBILITY THAT THE PRODUCTS DO NOT MEET CUSTOMERS’ NEEDS, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY’S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.

Puradyn Filter Technologies Incorporated

Condensed Consolidated Statements of Operations

For the Three Months and None Months Ended September 30, 2009 and 2008

(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2009			2008			2009			2008
Net sales	$	398,345		$	597,398		$	1,426,257		$	2,152,604
Costs and expenses:
Cost of products sold		429,904			538,171			1,407,842			1,805,037
Salaries and wages		235,839			257,746			718,855			764,676
Selling and administrative		226,721			398,002			670,478			881,680
		892,464			1,193,919			2,797,175			3,451,393
Loss from operations		(494,119	)		(596,521	)		(1,370,918	)		(1,298,789	)
Other income (expense):
Interest income		147			824			(175,747	)		2,153
Interest expense		(39,771	)		(74,596	)		(120,476	)		(242,772	)
Total other expense, net		(39,624	)		(73,772	)		(296,223	)		(240,619	)
Loss before income taxes		(533,743	)		(670,293	)		(1,667,141	)		(1,539,408	)
Income tax expense		—			—			—			—
Net loss	$	(533,743	)	$	(670,293	)	$	(1,667,141	)	$	(1,539,408	)
Basic and diluted loss per common share	$	(.01	)	$	(.02	)	$	(.04	)	$	(.05	)
Weighted average common shares outstanding		41,096,539			34,525,584			39,050,169			32,349,981

See accompanying notes to condensed consolidated financial statements included in the Company’s 10-Q

CONTACT:

Kathryn Morris
Director
Corporate Communications
(T) 561 547 9499, x 226
investor-relations@puradyn.com
http://www.puradyn.com Emerging Markets, LLC
Investor Relations:
Jim Painter III
321-206-6682
jamespainter@emergingmarketsllc.com
www.emergingmarketsllc.com
www.themicrocapreport.com