PARIS, July 17 /PRNewswire-FirstCall/ -- Falken Industries Ltd. (OTC: FLKI) today announced it closed a further tranche of a planned Reg S private placement of it common stock. An international syndicate of private investors contributed to the round of financing, including Welt Finanziell & Hypotheken Inc, and Capital Pro Consulting of Norway. Falken Industries is best known for its Clean Plus(R) product group see http://www.cleanplus.com/. Falken shares are traded on the OTC under symbol FLKI. Audra Plankienne, CFO stated : This further round of private "no strings attached" 144 restricted common stock financing is further testimony of the recognition by the international investment community of the progress Falken Industries Ltd has made in the market with its leading Clean Plus(R) product group. The financing provides additional capital to rapidly expand our sales and marketing activities for a redesigned "Premium" line in the Fall. Private placements of 144 restricted stock enables a steady and regular flow of capital for standard and application specific products, as well as increases our ability to support strategic alliance and licensing activities. "Clean Plus(R) products are established in the marketplace and we will leverage this success to build a world-class company" added Michael Hamilton, New Business Development Officer. 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 80,000 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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