Falken Industries Enters Australian Market
January 09 2007 - 1:16PM
PR Newswire (US)
PARIS, France, January 9 /PRNewswire-FirstCall/ -- Falken
Industries Ltd -Clean Plus(R) Product Group announced the signing
of an Australian Super Distributor for their "Premium" consumer
line of auto care products. The agreement, commencing in 2007,
guarantees a 5 year minimum purchase of 300,000 EUR ($400,000)
annually. Already present in over a dozen international markets,
Clean Plus(R) products will now be available to the untapped
Australian consumer. With a population of roughly 20 million,
Australia has an economy with a per capita GDP on par with the four
dominant West European economies. However, with its steady growth
rate of 2.8 %, experts predict Australia to eventually surpass
these markets. "Australia is an ideal market for auto care products
due to its seasonal continuity," Helle Mads0, Executive Vice
President-Europe, " It allows us to have a year round presence in
the market. Additionally, its hemispheric location produces a
seasonally inversed climate to those of our European countries,
allowing for uninhibited capital flow to the company." The Super
Distributor seemed particularly excited about the Premium line of
wet wipe products. Clean Plus(R) Premium line has the largest range
of auto care wet wipes, which boast an established reputation for
uncontested quality. "With Australia's convenience-seeking
culture," he commented, "the wipes will be very popular." About
Falken Industries Ltd: Falken Industries Ltd. (OTC:FLKI) is a
leading American manufacturer of innovative wet wipe products with
50,000 square feet production facilities in France. Its core
product group is the leading Clean Plus(R) brand of high
performance products - http://www.cleanplus.com/ Disclosure: This
press release includes statements that may constitute
"forward-looking" statements, usually containing the words
"believe", "estimate", "project", "expect" or similar expressions.
These statements are made, to the extent relevant, pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements inherently involve risks
and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors that would
cause or contribute to such differences include, but are not
limited to, acceptance of the Company's current and future products
and services in the marketplace, the ability of the Company to
develop effective new products and receive regulatory approvals of
such products, competitive factors, dependence upon third-party
vendors, and other risks. By making these forward-looking
statements, the Company undertakes no obligation to update these
statements for revisions or changes after the date of this release.
Contact: Rishard Lebbe Falken Industries Ltd. 146, rue du Chateau
Paris 75014 FRANCE Tel. +33-(0)1-45-42-19-16 Email: DATASOURCE:
Falken Industries Ltd. CONTACT: Contact: Rishard Lebbe, Falken
Industries Ltd., 146, rue du Chateau, Paris 75014 FRANCE, Tel.
+33-(0)1-45-42-19-16, Email:
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