OTC Bulletin Board : FLRE

September 20, 2011 14:14 ET

Flameret Signs Exclusive Distribution Agreement With Universal of Gibraltar

LAS VEGAS, NEVADA--(Marketwire - Sept. 20, 2011) - Flameret, Inc. (OTCBB:FLRE) (www.flameret.com), a leading provider of flame retardant products to various industries, today announced the signing of a distribution agreement with Universal of Gibraltar. Commenting on this announcement, Christopher Glover, CEO of Flameret, stated "This is one of the most significant events to occur in our Company's young history. Universal's agents have a 14-year history of providing quality services to the Marine and Cruise industry, and we feel that our products will enhance that quality for years to come. They estimate their current users' expenditure is $100m per annum on fire protection products and services such as Flameret."

Mr Glover went on to add, "In addition to signing this agreement, which will commence shortly, we have regained our listing on the Over The Counter Bulletin Board by filing all of our financial reporting's with the Securities and Exchange Commission. Changing our auditor, along with restating some earnings from 2010, caused the delay, but we are now fully compliant with The Bulletin Board's requirements for listing. With our new distribution agreement in place, and all of our filings current, we can now resume our focus on growing Flameret, and restoring shareholder value. Those two items have always been our priorities, and we are committed to fulfilling those goals."

This initiates Flameret's strategic initiative to capitalize on the largely fragmented flame retardant market by establishing an exclusive, specialty distribution network that will provide international sales coverage for the Flameret line of products. This Distributor has been selected based on their sales record, their synergistic product mix, and their focus and commitment to providing their customers with the safest, most reliable products available.

About Flameret, Inc.

Flameret Inc has developed fire retardant products to suit a wide range of applications. These are marketed under the brand names; Flamex™, Ultra Flamex™ and Impex™. Flameret ™ products are patented and held in the name of United American Inc.

Flameret's numerous flame retardant products are applicable for the manufacturing of an array of textile applications for mattresses, bedding, furniture, and clothing. The Company has designed fire resistant textiles fire barriers for this US standard and the other world markets. Our complete fire retardant product lines should compete favorably with other competitors, because Flameret's™ fire retardants are highly effective and non-toxic.

Flameret Fire Retardant and fire resistant applications will be sold to separate industries. These industries include the fire resistant textiles industry, the military and the energy extraction industry [oil fields], the aviation industry, and forestry services. The Company expects to manufacture and sell Flameret fire retardant products for the treatment of textiles lines at production stage for various textile products. In the near future Flameret also plans to offer a complete line of fire extinguishing products.

For information concerning Flameret Inc., please visit the Company's website at www.flameret.com.

The press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to the Company's development program and any other statements that are not historical facts. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to difficulties or delays in development, testing, regulatory approval, production and marketing of the Company's products, the uncertainty of patent protection for the Company's intellectual property or trade secrets, and the Company's ability to obtain additional financing. Such statements are based on management's current expectations, but actual results may differ materially due to various factors, including those risks and uncertainties mentioned or referred to in this press release.

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