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Falken Industries Ltd: The End of the Crisis Tunnel We Never Entered or Experienced-4Q Projected to Increase More Than 30%

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  Published in House and Home on Sunday, October 4th 2009 at 9:03 GMT by Market Wire
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TRENTON, NEW JERSEY--(Marketwire - Oct. 4, 2009) - Falken Industries Ltd (OTCBB:FLKI) -

Summary: 4th Q predicted to best 30% with significant further increase in global market share.

Body: Falken Industries announced today that its estimates of sales for its product concepts will be significantly better than the third quarter, which closed up nearly 30%.

The fourth quarter also is predicted to improve global market share in a meaningful way. FLKI product concepts have been quickly filling the voids created by over priced and over extended competitors. FLKI distributors report a substantial increase in customer growth.

"Numbers are not everything" said Manuel Garcia Communications Officer. The evolution of the company's distribution network who take from producers product conceptions to market, is significantly improved by FLKI's extraordinary marketing and sales support and the flow down to consumers has kept retail prices at a comfortable margin while maintaining a large price advantage over the competition.

"We continue to believe that the emphasis of distributors has to stay on market share. We have achieved our objectives for capacity, production, quality, and logistic excellence. We consider our price advantage a material benefit for our current strategy of enhancing market share and are very aware of the substantial possibility for us to enhance margins and profits through eventual price increases which would still leave our competition significantly more expensive." added Garcia.

As previously announced, FLKI believes that it has benefited from the crisis. It's hedging, raw material management, and logistics have given it substantial advantages over others in the trade. This support is available to all purveyors of FLKI product concepts, giving them market advantages unattainable by other distributors.

"We have excelled in containing our cost, hedging our currency risk and providing cover for producers and distributors of our concepts. Our raw material procurement has permitted us an enviable position and realized production costs savings of up to 30% over our competitors without impacting on margins" concluded Garcia.

FLKI is also confirming substantial projects in Russia and Turkey where it plans to expand its strategic alliances and establish distribution platforms in support of those currently positioned in both countries.

About Falken Industries Ltd:

Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.

SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" made pursuant to the safe harbor provisions of the 1995 Private Securities Litigation Reform Act. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." Such statements are subject to risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.