Falken Industries Signs 1,250,000EUR Super Distribution Deal
June 18 2007 - 2:07PM
PR Newswire (US)
PARIS, France, June 18 /PRNewswire-FirstCall/ -- Falken Industries
Ltd (OTC:FLKI) today announced the signing of a Dutch Super
Distributor for a committed purchase of 1,250,000EUR (250,000EUR
per year over five years). The contract concerns the Clean Plus(R)
"Premium" auto care line of products. This is the second recent
million euros plus Super Distribution deal for Falken Industries.
Falken Industries already has an established market presence in the
Benelux region (Belgium, Netherlands, Luxembourg) with the
Bianci(R) auto care line and Clean Plus(R) Premium auto care line.
This additional distribution platform will broaden the market
segmentation to enable the company to acquire a still more
significant market share in the Netherlands. The Netherlands has a
prosperous economy (16th largest in the world) and boasts one of
the lowest unemployment rates in Europe. It is an excellent market
for world class Clean Plus(R) products. The Super Distributor chose
the Clean Plus(R) Premium line over a leading European competitor,
further demonstrating that the brand's reputation is continuously
growing and solidifying itself with each passing year. "It was an
obvious choice to pick a superior performing and more affordable
product over the competitor," Helle Madso, Executive Vice
President- Europe, "It was an easy decision for our new Super
Distributor." About Falken Industries Ltd: Falken Industries Ltd.
(OTC:FLKI), a New Jersey corporation (USA), is a leading developer,
manufacturer, and marketer 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/. For further
information on the company, interested parties may also visit
http://www.falkenltd.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: Investor relations - 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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