NEWS RELEASE
July 24th 2001
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
Corporate Headquarters
2614 Queenswood Dr.
Victoria BC V8N 1X5
E-mail: flexsol@vanisle.net
NASDAQ – OTC: BB – “FXSO”
FLEXIBLE SOLUTIONS ANNOUNCES RECORD 6 MONTH REVENUE AND EARNINGS
Victoria BC – Flexible Solutions International Inc. (FXSO – OTC: BB) Dan O’Brien, CEO of Flexible Solutions, is pleased to announce that the Company achieved record gross revenue and net after tax earnings for the six month period ended June 30th, 2001.
6 MONTHS ENDING June 30th, 2001
| 2001 | 2000 | |
| Revenues | $1,159,000 | $800,000 |
| Net Earnings | $247,000 | $202,000 |
| Earnings Per Share | $0.03 | $0.02 |
3 MONTHS ENDING June 30th, 2001
| 2001 | 2000 | |
| Revenues | $808,000 | $540,000 |
| Net Earnings | $146,000 | $175,000 |
| Earnings Per Share | $0.02 | $0.02 |
Flexible Solutions is an Environmental Technology Company, which develops, manufactures, and sells water and energy conservation products. The company currently sells to the swimming pool market and is expanding into evaporation control for residential and agricultural land uses.
For more information please contact:
David Katzov or Grant MoonieCorporate Communications(250) 477-9821