Falken Industries Ltd
OTC Bulletin Board : FLKI

Falken Industries Ltd

August 21, 2009 05:20 ET

The Clean Plus® Product Group Announces Revenue Increase

FLKI announces a significant increase in revenue from its product conceptions

TRENTON, NEW JERSEY--(Marketwire - Aug. 21, 2009) - Falken Industries, Ltd. (OTCBB:FLKI) - FLKI announced a significant increase in distributor revenues for its hand care product conceptions.

FLKI Communication Officer, Manuel Garcia stated ; "(i)n the second quarter of 2009, sales of the personal hand care group of products increased 27.7% and we are confident that global distribution will increase sales another 30-50% for the next quarter."

In this time of global economic crisis, FLKI is amongst those companies least affected by its impact because a major portion of its product conceptions are addressed to distributors and licensees in the Automobile After-Market, and consequence of the crisis, people are on tight budgets. A new car is not included in their present purchase list; prioritizing auto care and maintenance products which have become important items in their list of cleaning products. The Clean Plus® brand was conceived by FLKI in 1997 and today occupies a global leadership position.

While many U.S.-based companies are down, the brand which is particularly strong in Europe is supported by a strong, stable and loyal following.

"Because of these conditions, FLKI and its stocks are in my view a good investing opportunity. Once investors and traders realize that they are really buying a strong Euro currency based company at 60%+ below its value, FLKI shares will have a significant upward trajectory," opined John E. David a well known analyst for the Automobile After-Market Industry who has followed the company since 1997.

"In fact, FLKI investors and management believe a short term reality, a $3-4 bid and ask stock price to support its tactical plan of moving the stock to NASDAQ or AMX" added Garcia.

With FLKI's market reach and revenues, this is pragmatically possible. The Clean Plus® products are being distributed throughout Europe, The Middle East, Canada, and Australia with 1.5 million wipes sold per day and still expanding currently in North America and Russia.

About Falken Industries, Ltd. (OTCBB:FLKI)

Falken Industries, Ltd. is a diversified industrial conglomerate that operates in Chemicals, Wet Wipes 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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