Swedish Distribution for Clean Plus(R) Auto Care
26 Julho 2007 - 1:48PM
PR Newswire (US)
PARIS, July 26 /PRNewswire-FirstCall/ -- Falken Industries Ltd.
(OTC: FLKI) today announced that it has signed a 10-year agreement
with a Swedish distributor for their Clean Plus(R) Auto Care
"Premium" line. The agreement requires a minimum purchase of
450,000 EUR. Clean Plus(R) continues to establish its brand
presence in the Northern European countries with yet another
distribution agreement for these territories. While the agreement
stipulates a minimum purchase of 450,000 EUR, in reality the
monetary figures will greatly exceed this amount. The contemporary
design of Clean Plus(R)'s auto care products receives enthusiastic
reactions from Scandinavian customers. "We have always done well in
the Northern European countries," Helle Madso, Executive Vice
President - Europe, "There is no reason why we should not continue
to do so." Indeed, Clean Plus(R) has had a loyal Scandinavian
following, evident by Falken Industries' multiple Super
Distribution signings in Iceland, Norway, Sweden, and Finland.
Their Clean Plus(R) brand continues to grow in popularity, which
attracts the interest of un-signed distributors. "The minimums are
simply there to set a precedent, but rarely does actual performance
stay within these limits," Michael Hamilton, New Business
Development and Sales Officer, "The strong consensus at the Clean
Plus(R) group is that we will see dramatic increasing orders from
this Swedish distributor" About Falken Industries Ltd: Falken
Industries Ltd. (OTC:FLKI), a New Jersey corporation (USA), is a
leading developer, manufacturer, and marketer of innovative wet
wipe products with 80,000 square feet production facilities in
France. Its core product group is the leading Clean Plus(R) brand
of high performance products - http://www.cleanplus.com/. For
further information on the company, interested parties may also
visit http://www.falkenltd.com/. Disclosure: This press release
includes statements that may constitute "forward-looking"
statements, usually containing the words "believe", "estimate",
"project", "expect" or similar expressions. These statements are
made, to the extent relevant, pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited to,
acceptance of the Company's current and future products and
services in the marketplace, the ability of the Company to develop
effective new products and receive regulatory approvals of such
products, competitive factors, dependence upon third-party vendors,
and other risks. By making these forward-looking statements, the
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release. DATASOURCE:
Falken Industries Ltd. CONTACT: Contact: Investor relations,
Rishard Lebbe, Falken Industries Ltd., 146, rue du Chateau, Paris
75014 FRANCE, Tel. +33-(0)1-45-42-19-16, Email:
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