Oct 6th, 2006
FSI Revising Formulation of Its Granular Mosquito Control Product To Improve Short Shelf Life
VICTORIA, BRITISH COLUMBIA, Oct 6, 2006 – FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (AMEX: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable and environmentally safe water and energy conservation technologies, as well as anti-scalant technology. The Company announces preliminary results from efficacy trials using an alternate form of Watersavr-Bti (WS-Bti).
The results are from a new granular formulation, not FSI’s original powder formulation, and they suggest that the new granular form may have a short shelf life rendering it ineffective sooner than anticipated. The Company is considering the results and reviewing the compound to determine the cause of the shortened shelf life and resolve it.
For aerial distribution of mosquito larvicides, granular verses powder formulations are preferred, particularly in high wind conditions. However, aerial distribution is not always necessary and alternative forms of distribution are often used
CEO Daniel B. O’Brien states, “The effectiveness of the WS-Bti compound is not compromised given the positive, third party, test results of the powder formula. Sales of the powder version can continue uninterrupted. With respect to the granular version we intend to revise its formulation with the intent being to maximize its efficacy.”
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, is the developer and manufacturer of WaterSavr, the world’s first commercially viable water evaporation retardant. FSI is an environmental technology company specializing in energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. WaterSavr reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. Heatsavr, a “liquid blanket” evaporation retardant for the commercial swimming pool and spa markets, also reduces humidity and lowers water heating costs, resulting in energy savings of 15% to 40%. The Company’s Ecosavr product targets the residential swimming pool market.
The Company’s Nanochem Solutions, Inc., subsidiary specializes in environmentally friendly, green chemistry, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic acid.
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.