Fear of a Red Planet

I found this 16mm work print of a ridiculously paranoid atomic-age sci-fi film at an estate sale, and the canisters were labeled "Fear of a Red Planet" (fortunately my friend has a 16mm projector so I could watch it, and MAN is it hilarious!).  It is not listed on imdb and when I researched it further, I could not find ANYTHING about its distribution/release or year of production. Has anyone heard of this film?