It says that, but it sure doesn't look like that in the picture. If it does have rear facing dropouts, it is basically an 09 FTP without the silly built in seat post and with a fork that is drilled for a brake. Seems like a much better solution than all of us Nashbar buyers had to go through with the FTP. However, if you look at pictures of the FTP, the dropouts look much more distinctive than what appears in that picture.

But don't ask "Can I build this into a track bike?" if you intend to "pummel through hills". What you meant to ask was "can this frame be used as a fixed gear frame?" and the answer to that is yes as long as it does in fact have horizontal dropouts.