The Clean Plus(R) Product Group Announces Revenue Increase
August 21 2009 - 5:20AM
Marketwired
Falken Industries, Ltd. (OTCBB: FLKI) - FLKI announced a
significant increase in distributor revenues for its hand care
product conceptions.
FLKI Communication Officer, Manuel Garcia stated ; "(i)n the
second quarter of 2009, sales of the personal hand care group of
products increased 27.7% and we are confident that global
distribution will increase sales another 30-50% for the next
quarter."
In this time of global economic crisis, FLKI is amongst those
companies least affected by its impact because a major portion of
its product conceptions are addressed to distributors and licensees
in the Automobile After-Market, and consequence of the crisis,
people are on tight budgets. A new car is not included in their
present purchase list; prioritizing auto care and maintenance
products which have become important items in their list of
cleaning products. The Clean Plus® brand was conceived by FLKI in
1997 and today occupies a global leadership position.
While many U.S.-based companies are down, the brand which is
particularly strong in Europe is supported by a strong, stable and
loyal following.
"Because of these conditions, FLKI and its stocks are in my view
a good investing opportunity. Once investors and traders realize
that they are really buying a strong Euro currency based company at
60%+ below its value, FLKI shares will have a significant upward
trajectory," opined John E. David a well known analyst for the
Automobile After-Market Industry who has followed the company since
1997.
"In fact, FLKI investors and management believe a short term
reality, a $3-4 bid and ask stock price to support its tactical
plan of moving the stock to NASDAQ or AMX" added Garcia.
With FLKI's market reach and revenues, this is pragmatically
possible. The Clean Plus® products are being distributed throughout
Europe, The Middle East, Canada, and Australia with 1.5 million
wipes sold per day and still expanding currently in North America
and Russia.
About Falken Industries, Ltd. (OTCBB: FLKI)
Falken Industries, Ltd. is a diversified industrial conglomerate
that operates in Chemicals, Wet Wipes and Biodegradable Technology.
Falken Industries Ltd is the concept behind more than 160 products
distributed through a network of global platforms and the recipient
of trade awards for innovations, biodegradability and environmental
and health quality standards.
SAFE HARBOR STATEMENT: This news release contains
"forward-looking statements" made pursuant to the safe harbor
provisions of the 1995 Private Securities Litigation Reform Act.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"future," "plan" or "planned," "will" or "should," "expected,"
"anticipates," "draft," "eventually" or "projected." Such
statements are subject to risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements, including the
risks that our products may not achieve customer acceptance or
perform as intended, that we may be unable to obtain necessary
financing to continue operations and development, and other risks.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements.
Contacts: Falken Industries Ltd Manuel Garcia +1609 357 0316
mgarciafaure@falkenltd.com
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