Falken Industries Ltd
OTC Bulletin Board : FLKI

Falken Industries Ltd

November 11, 2009 02:51 ET

Falken Industries Ltd: 3 Q Operating Margins Soar 33%-On Continuing Rising Sales

3Q Operating margins soared up 33% for the quarter ended September 30 - 4Q revenues projected to increase more than 30%.

TRENTON, NEW JERSEY--(Marketwire - Nov. 11, 2009) - Falken Industries Ltd (OTCBB:FLKI) -

Operating Margins for this international leader in the industry soared more than 33% to 40% for the 3Q notwithstanding heavy development and promotional support for a fast expanding global distribution network.

"This is particularly noteworthy because FLKI has refused a policy of pass-along price increases and is now the uncontested recognized leader for price stability" said Manuel Garcia, communications officer. Sales have risen steadily in 2009.

Much of the reported success of the company lies with its noted procurement and purchasing efficiencies which have hedged its raw material cost up to three years, given it substantial cost advantages over its competitors.

Sales are projected to increase by more than 30% for the 4Q bested by significant further increases in global market share because FLKI product concepts have been filling the voids created by over priced and over extended competitors.

Its new well covered recently introduced product concept "Brilliance" is projected to explode sales and net revenues in 2010.

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.

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