August 9, 2007
FSI SECOND QUARTER FINANCIALS EXPECTED – and conference call
VICTORIA, BRITISH COLUMBIA, Aug. 9, 2007 – 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 will announce fourth quarter financial results on Aug. 14, 2007, after market close.
A CONFERENCE CALL is scheduled for 8:00am Pacific Time, 11:00am Eastern Time on Wednesday, Aug. 15, 2007. CEO, Dan O’Brien will be attending the conference call to answer questions. To participate in this conference call please dial 800 218 8862 (or 303 262 2140) just prior to the scheduled call time.
Additionally, FSI would like to announce the sale of approximately 20 acres of surplus, undeveloped land alongside the NanoChem Solutions plant in Peru, IL. The land is not needed for current operations or for future expansion. Expansion, when required, will take place on the remaining 20 acres the plant is situated on and the $394,000 dollars received from the buyer will be used to increase the efficiency of the plant and prepare for potential increases in production for cleaning products customers.
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, is an environmental technology company specializing in energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. FSI is the developer and manufacturer of WaterSavr, the world’s first commercially viable water evaporation retardant. 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, reduces energy costs by 15% to 40% and, further results in reduced indoor humidity. 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.