NEWS RELEASE
May 10, 2017
FSI Announces WaterSavrTM Sale to Brazil
VICTORIA, BRITISH COLUMBIA, May 10, 2017 – FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (AMEX: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces a WaterSavrTM sale to the mining industry in Brazil.
Mr. Dan O’Brien, CEO states, “This sale was executed by Mr. Gelson Batista of 3rd Peak Natural Resources Ltd., the WaterSavrTM distributor for Brazil. Mr. Batista’s customer, a major gold miner, was convinced by WaterSavrTM’s ability to save water at very low cost while also contributing environmentally by using a bio-degradable solution to evaporation losses.” Mr. O’Brien concludes, “The sale will be booked in Q2 2017 and working with Mr. Batista, FSI hopes to increase sales to Brazil as quickly as possible.
Flexible Solutions encourages Brazilian industrial and government groups interested in saving water to contact either FSI or 3rd Peak to discuss projects of any size. gelsonb@3rdpeak.com or davidv@flexiblesolutions.com .
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. FSI is the developer and manufacturer of WaterSavrTM, the world’s first commercially viable water evaporation retardant. WaterSavrTM reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. HeatsavrTM, a “liquid blanket” evaporation retardant for the commercial swimming pool and spa markets, reduces energy costs by 15% to 40% and can result in reduced indoor pool humidity.
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a “Safe Harbor” for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company’s reports filed with the Securities and Exchange Commission.