Flame Seal Products, Home Page - Company Press Release # 17

PRESS RELEASE # 17:
(Released Via Business Wire)
March 27, 2002

“FLAME SEAL PRODUCTS, INC. acquires new lease space to expand its FBS-SL production area, in preparation for planned British Petroleum project sales later this year.”
CURRENT NEWS ITEM:Due to eminent installations at Prudhoe Bay, Alaska, Flame Seal has acquired an additional 3,220 square feet of adjacent lease space to accommodate the need for more production and storage space for the project. Adaptation of the space is under way. This brings the total space to 14,448 square feet, which, the Company says should be adequate for early stage production for the project, until higher volume orders trigger the use of outside production facilities, such as are planned with Von Roll Corporation in New York. At that time, the Company plans to perform all “pre-production” work for the FBS-SL product at its current facilities.Reports from its distributors in Anchorage, Alaska, confirm that the detailed survey of the number and location of walls to be covered with the FBS-SL product in the next phase of the operation begins on April 3, 2002.NOTICE: Some shareholders have reported having difficulties completing a trade. This may be due to the fact that a number of very small, independent brokers are acting as Market Makers with Flame Seal’s stock. To minimize the risk of such problems, it is advisable that brokers seek the larger, established Market Makers. This notice is to inform such interested shareholders, investors and their brokers that HERZOG (a Merrill Lynch Company) is a Market Maker for the stock of Flame Seal Products, Inc. (FLMP).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

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