"THE ABSOLUTE BEST IN FIRE
PROTECTION
TECHNOLOGY"
INVESTOR
NEWS:
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PRESS RELEASE # 11: (Released Via Business Wire) July 24, 2001 “FLAME SEAL GROWTH TREND CONTINUES. Second Quarter sales at 211% compared to previous year’s figures.” Sales continue to show strong growth, with a total of $176,227 in sales in the second quarter, compared to $83,514 for the second quarter of 2000. As in the first quarter, the primary strength of these sales is in Leather Fire protection for aircraft, and FX-100 fire barrier coatings for plastics. Sales trends developed over the last 5 years, demonstrating that the third and fourth quarters are the strongest, shows that Flame Seal remains on course to reach $1,000,000 in sales this year, based solely on its repeat-order customer base. NOTICE: FLAME SEAL PRODUCTS, INC., in order to assure and maintain strict control over the accuracy and responsiveness of its stock transfers, has officially become its own STOCK TRANSFER AGENT. All transfers are to be directed to the company.” 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. The Company is working on its form 10SB, along with related S.E.C. requirements, and plans to move onto the Bulletin Board as soon as possible, and then to the American Stock Exchange in the near future. After 6 years of R&D, resulting in the development of a series of products that have become internationally recognized as among the best fire protection products in the world, the Company shifted its focus from R&D to Marketing and Sales in 1999. The “key” business strategy of Flame Seal is to create alliances with larger corporations, which quickly enhances the strength of the Company in each market by employing the networks for marketing, sales, applications, etc. that already exist within the structure of such Corporations. (See previous news releases.) Michael D. Kiser President |
| ADDRESS:
FLAME SEAL PRODUCTS, INC.
4025 Willowbend Blvd. # 310, Houston, Texas, 77025 USA, (713) 668
4291 office, (713) 668 1724 fax, Website: www.flameseal.com
Email: flameseal@flameseal.com |