Jan. 22nd 2002
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
NASDAQ OTC: BB - FXSO
Flexible Solutions awarded $1 Million order from India
Flexible Solutions is pleased to announce receipt of a minimum US$1 million dollar order for our WATER$AVR evaporation control product from a multinational company in India. The product will be used on water reservoirs and flood irrigated crops over the next 24 months.
Patrick Grant, President of the WATER$AVR division, says WATER$AVR, with its unique spreading technology, helps reduce evaporation and increase local water supply by up to 40% at a cost as low as $.03 per cubic meter of water saved. Our vision is to strategically leverage the WATER$AVR technology with international water companies, who are positioned through their existing channels, to distribute WATER$AVR in all countries with water management concerns.
Mr. Grant continues, We are negotiating towards distribution agreements in many other areas of the world and hope that this success in India will accelerate other contracts. The Company would like to thank Dr. Milind Lele, of our Board of Advisors, who was instrumental in brokering the Indian relationship.
Flexible Solutions is an environmental biotechnology company with patented products that reduce energy and water loss from swimming pools (HEAT$AVR) and evaporative water losses from open water storage and transport (WATER$AVR). Agricultural WATER$AVR also works to reduce water loss from irrigated cropland.
For more information please contact:
|David Katzov or Grant Moonie||
In Vancouver: Steve McGuire
(604) 605 6037
|Flexible Solutions Ltd.|
|(250) 477 9821|
The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbour" for forward looking statements. Certain of the statements contained herein which are not historical facts are forward looking statements 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 Commision.