NEWS RELEASE
May 14, 2002
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
Corporate Headquarters
2614 Queenswood Dr.
Victoria BC V8N 1X5
E-mail: info@flexiblesolutions.com
| NASDAQ – OTC:BB – “FXSO” | FRANKFURT “FXT” |
National Fitness Chain Selects Heat$avr to Save Energy & Water
Flexible Solutions is pleased to announce that the Company’s swimming pool product, Heat$avr, has been selected by a major North American operator of fitness centers, as the pool blanket of choice after the successful completion of a pilot test project, which evaluated the effectiveness and dollar savings of the product.
The results proved that both energy consumption and makeup water usage were dramatically reduced by Heat$avr, thus substantially lowering energy and water costs.
Heat$avr is a biodegradable solution that slows down the evaporation of water from swimming pools to reduce energy and water usage. Flexible Solutions expects this sale to significantly increase Heat$avr revenue in the current and subsequent quarters.
Flexible Solutions (NASDAQ- OTC:BB- “FXSO”; FRANKFURT- “FXT) is an environmental biotechnology company engaged in the development and sale of energy and water conservation products.
For more information please contact:
| David Katzov or Grant Moonie | In Europe: Holtermann & Team |
| Corporate Communications | tel: 0-69-2193 1352 |
| Flexible Solutions Intl. Ltd | fax: 0-69-2193 1321 |
| (250) 477 9821 | email: holtermann@htcom.de |
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.