NEWS RELEASE 25 JULY 2000

 

NASDAQ - OTC BB - "FXSO"

FLEXIBLE SOLUTIONS REPOR

TS SIX MONTH EARNING UP 332%

Vancouver, Washington - Flexible Solutions International Inc. (FXSO - OTCBB) today announced six month earnings of $202,082, up from six month 1999 earnings of $46,775.

 

 

Quarter Ended 6/30/2000

Six Months Ended 6/30/2000

Quarter Ended 6/30/99

Six Months Ended 6/30/99

Sales

$539,858

$800,186

$259, 285

$309,570

Net Income

$175,045

$202,082

$59,795

$46,775

Earnings/Share

$0.02

$0.02

0.01

$0.01

Dan O'Brien, President of Flexible Solutions, attributed the sales and earnings growth to increased market penetration by the Company's flagship product "Tropical Fish" liquid swimming pool blanket (US patent # 6,065,690).

Flexible Solutions manufactures and sells evaporation and energy reduction products for the swimming pool, fresh water and agricultural markets. The Company has manufacturing plants in Victoria, BC and Montreal, Quebec. They maintain a sales office in San Diego, CA and an administrative office in Vancouver WA.

For more information, please contact:

David Katzov or Grant Moonie  
Corporate Communications  
(250) 477 9821
email flexsol@vanisle.net