FLKI New Product Conception "Brilliance" Expected to Top $ 12 Million in Sales in 2010 and $ 4 Million in Operating Revenues
October 08 2009 - 2:18AM
Marketwired
Falken Industries Ltd (OTCBB: FLKI) -
The 'Brilliance' product concept is being released for global
distribution by The Clean Plus® Product Group.
"The official launch of the product concepts by the Product
Group will occur at the opening of Equip'Auto 2009 the world's
largest Automotive After-market trade show located in Paris" said
Manuel Garcia Communications Officer.
Sherry Shoholat, Operational Marketing Officer for the Clean
Plus® Product Group added "Equip'Auto" 2009 offers the perfect
venue to launch a significant upgrade of our paint rectification
products under the 'Brilliance' banner intended for the auto body,
valet and detailing professional".
"We also delighted to announce a totally new and innovative
formulations for the highly successful 'Super Compound' and 'Super
Glaze' added Shoholat. The products will integrate the Auto Care
"Pro" product line.
These products like the original product concepts of the Clean
Plus® brand, were developed for the Group by members of FLKI
research and development units.
The 'Brilliance Super Fine' compounding product provides greater
flexibility for professionals while dealing with today's more
demanding paint finishes and at substantially lower costs.
The new products target existing markets estimated at $160
million world wide and dominated by two Fortune 500 companies. In
performance test, the Clean Plus© products performed better and
were 30 to 40% less expensive.
A new 'Super Nano Polish' will also be introduced at the show as
part of the 'Brilliance' concept.
Garcia resumed "Overall little has changed in the underlying
interest for product conceptions by FLKI and this Group. The
products must provide consumers and professionals with simplicity
of choice coupled to ease of utilization. And, the product must
retail at 25% or more under competing products".
The 'Brilliance' collection, consistent with the ecological
profile of FLKI product conceptions minimize the impact on the
environment without sacrificing performance, and are body shop
safe. The lower price is an added benefit.
Garcia concluded "FLKI is confident that it will continue to
meet and exceed the performance of competing brands and at a better
price point."
About Falken Industries Ltd:
Falken Industries Ltd (OTCBB: FLKI) is a diversified industrial
conglomerate that operates in Chemicals, Wet Wipe 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 Communications
Officer +1609 357 0316 Email: mgarciafaure@falkenltd.com
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