FLKI is Nicely Positioned to Capitalize on a Multi-Billion Dollar Market. The Recent "Brilliance" Launch Confirms Projection of
October 23 2009 - 8:07AM
Marketwired
Falken Industries Ltd (OTCBB: FLKI) -
FLKI reported extraordinary results for its product conceptions
at the Paris International Auto Show. "The show's highlight was the
brilliantly executed launch by The Clean Plus© Product Group of
FLKI's latest product conception "Brilliance" said Manuel Garcia,
Communications Officer.
More than 800 persons registered for the different "Brilliance"
presentations of the conception.
Garcia, opened the press conference with a oft' used reminder:
"FLKI focuses on providing research and conceptions leading to the
development of innovative products that perform at worse equal to
and more often better than any targeted competing product and which
will retail at 25 to 40% less than products it expects to
replace."
In many cases, FLKI product conceptions simply have no
competition.
FLKI product conceptions are currently distributed throughout
the world in large retail chains, supermarket chains and large
regional multinational retailers. It's "Premium" conceptions are
present in specialty shops, auto centers, and thousands of gas
stations. Currently FLKI is focusing substantial resources and
attention in the fastest growing markets notably the BRIC.
Among it's most ambitious project of late is the "Brilliance"
professional product conception which targets a market largely held
by two major fortune 500 companies and worth an estimated $ 170
million. FLKI's projects that the 5 "Brilliance" products in and of
themselves, will generate better than $ 12 million in distribution
revenues and in excess of $ 4 million in operating profits for
2010. "Reactions at the trade show justify a credible belief for
still better results," added Garcia.
Overall the market for currently available FLKI product
conceptions is worth over $18 billion dollars and FLKI's recent
change in strategic focus, over 160 product conceptions and as many
in pipeline, puts it squarely in position to tap into a monstrous
revenue steam.
Sales of FLKI product conceptions are increasing on average 28%
per quarter for this year and this amid recession and economic
crisis.
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 +1 609 357 0316 mgarciafaure@falkenltd.com
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