FLKI Inks $6,075,000 Agreement for Distribution of Its Consumer Product Concepts in Eqypt.
December 15 2009 - 7:48AM
Marketwired
Falken Industries Ltd (OTCBB: FLKI) -
Egypt with its near 82,000,000 population is experiencing a
booming market, notably for FLKI product conceptions. An effective
and efficient distribution infrastructure is crucial for the
continued development of FLKI product line conceptions. Egypt is a
modern society and has proven to have a strong economy.
Moreover, Egypt has embarked on the journey of upgrading and
improving its infrastructure as business and technology evolves,
traffic grows and the usage of modern transport and communication
devices increases in the country. In this direction, Egypt has been
witnessing an aggressive development of a large number of projects,
educational, infrastructure, and bandwidth allocation for several
years. These developments are attractive and attracted The Clean
Plus® Product Group to the country three years ago. Today a major
commitment results consistent with the group's dedication to
establishing major global service and delivery centers in the
country.
With a wide range of more than 160 product conceptions and half
again in the pipeline, FLKI is poised to enter many markets. Their
proprietary balanced blend of products enhances the fundamentals of
the company.
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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