VICTORIA, BC -- 09/11/08 --
FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (AMEX: FSI) (FRANKFURT: FXT) is the developer and manufacturer of biodegradable
and environmentally safe water and energy conservation technologies. The
NCS Division, responsible for the majority of FSI's revenue, produces
biodegradable polyaspartic acid for oil field scale control, detergent
formulations and fertilizer enhancement. Today the Company would like to
publicly thank the Agriculture and Agri-Food (AAFC) Agri-Opportunities
Program for its financial support in construction of FSI's Alberta, Canada
based aspartic acid plant.
The first round of funding from this federal government program has been
received without hold up. The contribution was promised in February and
delivered when requested. The Company would like to thank Agriculture and
Agri-Food Canada for helping Flexible Solutions through the loan process.
Without such programs in place, development of new processes, in these
economic times, would be difficult if not impossible.
The new plant is designed to convert certain agricultural output into
aspartic acid. The aspartic acid will be shipped to FSI's Illinois plant
for conversion into biodegradable polyaspartic acid. The Company looks
forward to this first of a kind plant start-up.
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.
If you have received this news release by mistake or if you would like to
be removed from our update list please reply to:
karenr@flexiblesolutions.com
To find out more information about Flexible Solutions and our products
please visit www.flexiblesolutions.com
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Flexible Solutions International
615 Discovery Street
Victoria, BC V8T 5G4 CANADA
Company Contact:
Jason Bloom
Tel: 250.477.9969
Toll Free: 800.661.3560
Fax: 250.477.9912
Email: Email Contact
