Falken Industries Signs Russian Super Distributor
January 16 2007 - 6:55AM
PR Newswire (US)
PARIS, France, January 16 /PRNewswire-FirstCall/ -- Falken
Industries Ltd - Clean Plus(R) Product Group announced the signing
of a Russian Super Distributor for the Clean Plus(R) "Premium" line
and the new mid-ranged hypermarket Bianci(R) line of auto care
products. The agreement, commencing in 2007, ensures a 5 year
purchase of 1,250,000 EUR ($1,600,000) annually. Approximately 1.8
times the size of the United States, Russia and its population of
143 million are regaining economic terrain. 2005 marked the seventh
straight year of economic growth and real personal incomes have
realized average increases over 12%. "Russia is a promising country
with its populous domain, but its current socio-economic climate is
also an advantage," points out Helle Madso, Falken Industries
Executive Vice-President-Europe, "The country is undergoing a time
of transition, making its newly developing economy more
impressionable. Our entry time is ideal, for we can firmly
establish brand presence without expending the expenses normally
needed to break into a more established and resistant market." The
newly signed Super Distributor has ten years of experience in the
Russian automotive after market. This acute comprehension of the
auto care market combined with already established distribution
channels should allow for a smooth and fast transition of Clean
Plus(R) products to store shelves. Additionally, Falken Industries
learned that the Senior Sales Manager previously worked for one of
Clean Plus(R)'s European competitors. Andrew Eakin, New Business
Development & Sales Officer, comments, "Strategically speaking,
this insider knowledge gives them an edge when launching the Clean
Plus(R) brand." Clean Plus(R) products have already enjoyed immense
popularity in other international markets, and Falken Industries
expect the same results for Russia. The Clean Plus(R) "Premium" and
mid-ranged hypermarket Bianci(R) auto care lines are expected to be
available to Russian consumers starting spring of 2007. 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.
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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