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FLAME SEAL PRODUCTS
INVESTOR NEWS
THE
ABSOLUTE BEST IN FIRE
PROTECTION
TECHNOLOGY ™
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PRESS
RELEASE 59
(Released Via
Business
Wire:)
February 8, 2008
Flame Seal
Updates Investment Community Regarding: The OEM Program, a Major Breakthrough, the
Executive Team
CURRENT
NEWS
ITEM :
UPDATE: Flame Seal Products' OEM program is
now experiencing
breakthroughs on several fronts, in no small part due to the input and
advice of our Advisory Committee (executive team), which advised that
our primary focus must always be based on continual analysis of the
ever-increasing number of tougher fire codes. In the past, tracking
this fast evolving regulatory system has proved a complex and difficult
task, but the Advisory Committee outlined the best processes for
analysis, and the results during the last few weeks have been dramatic.
FOAMED PLASTICS (The "Holy Grail"): The No.1 focal point of Flame Seal,
after evaluation of the Markets and the Latest Fire Codes is Foamed
Plastic Insulation. This project has taken the most dramatic turn of
them all. Flame Seal has formed an alliance within the industry that
assures promotion, marketing and distribution from within that market
by one of its Technology Leaders. This industry, after complete
analysis, is the largest market for Flame Seal's products, and, due to
codes that are already in effect for which no equitable solution
exists, it is an industry with a void that needs to be
filled. Currently companies are forced to comply with these codes by
expensive, difficult methods, including covering foam with sheetrock,
sheet metal, or even cement! The particular code for this, after
complete analysis, matches FLAME SEAL's FX-100 product almost
perfectly. Intense test research during
the last 4 weeks confirms FX-100 + our newest coating advances are a
perfect match for this code. Mid-scale testing is already complete
which confirms that Flame Seal will be the first and only company to
pass this code with only a coating! This will fill that "void" in the
industry and will revolutionize that industry with regard to compliance
with these fire and safety regulations. This void is so dramatic that
throughout the industry, the test that is required to qualify a coating
for use on foam is referred to as "The Holy Grail". THAT is the test we
are now passing on an intermediate scale! Full scale testing is next.
Formal Contracts and Testing Schedules are being worked out as this is
being written. The name of our partner company and more details will be
announced after we receive clearance to do so.
WOOD: Negotiations are complete with wood
products manufacturing
companies within Flame Seal's OEM Program, and prices have been
established which will cover all finished wood industries. The timing
is perfect because a number of new fire regulations have become
mandatory as of 1-1-08 in State
jurisdiction areas, 7-1-08 in local jurisdiction areas, per the
California State Fire Marshal's office. A marketing program is being
designed by our new Marketing Director who is presently on the Advisory
Committee.
MATTRESSES: The mattress & padding companies in Flame Seal's OEM
Program are currently working on making changes in factory systems and
production lines to accommodate a liquid applied fire protection.
Reports from them indicate this is going well, but that more time is
needed. Progress will be reported as it occurs.
FLOORING: The much anticipated Marketing push in Hardwood Flooring is
still planned for late February. The largest flooring trade shows in
March are being targeted by Songgo-Ritty to begin promoting the Class A
flooring and Firewall rated plywood sub-floors as developed for them by
Flame Seal.
Updates
will be provided as the trade show dates approach.
BOEING: The new advances noted above are being
forwarded to Boeing,
which will enhance their ability to provide solutions with reduced
weight, which is always a prime concern in aircraft. More will be
reported in later press releases as we receive updates and feedback.
ATLAS REFINERY INC: Sales to Aircraft Leather via Atlas have leveled
off, and declined slightly in the last couple of months, compared to
the growth that was evident mid-to-late last year. Work between Flame
Seal and Atlas is ongoing to address marketing issues that may affect
this business. More information will be provided as this develops.
AUDITS: Financial Audits are almost complete. That will be a welcome
conclusion!
From the President:
"Flame Seal has made some very dramatic
advances in its R&D and
Marketing work for its OEM Program, and this quarter is shaping up to
be our pronouncement to industry that we are here in a big way, here to
stay, and here to serve! Whereas being approved and Qualified by Boeing
as an Aerospace provider had demonstrated our technical capabilities
and product potential, the "Holy Grail" of the Foamed Plastics Industry
will announce our arrival as a major player in this industry.
As for the Executive Team, as noted in the outlines above, these
gentlemen are actively helping us every day. Marketing plans are being
developed, future plans for growth and proper direction are being laid
out, constant feedback regarding mistakes NOT to make, are all
priceless contributions to this effort.
Evidence the analysis, focus, targeting, and results with the "Holy
Grail" above! However, the formal introductions are still on hold
for a bit longer. Lawyers are still working the details, and there are
still points being haggled over the transition. Please be patient
regarding this, and realize that if their input as the Advisory
Committee gets us where we want to be, in the end it's all a positive
for the Company, and in the end, that is what we are all looking
for. My dear shareholders, partners, friends... keep your
eyes on us the next two months!"
BACKGROUND:
FLAME SEAL PRODUCTS, INC. (FLMP) became a public company
and began trading March 27, 2000 on the OTC (Non-BB "Pink Sheets")
stock market. Flame Seal Products, Inc. is the Transfer Agent of
record.
Michael D. Kiser
President
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FLAME SEAL
PRODUCTS, INC. 4025 Willowbend Blvd. # 310, Houston,
Texas, 77025 USA, (713) 668
4291 office, (713) 668 1724 fax, www.flameseal.com
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reserved, ® Registered Trademark of Flame Seal Products,
Inc., TM Trademark of Flame Seal Products, Inc. |
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