"THE ABSOLUTE BEST IN FIRE
PROTECTION
TECHNOLOGY"
|
|
PRESS
RELEASE 55 (Released Via Business Wire:) October 1, 2007 CURRENT NEWS ITEM : Michael Kiser (President of Flame Seal Products, Inc., Houston, TX) and Harry Phon (President of Songgo-Ritty Exotic Hardwood Flooring Co., Trois-Rivieres, Quebec) have formed an alliance to provide local manufacturing for Flame Seal’s products North of Montreal. This facility will increase the competitive edge for both companies by eliminating shipping costs from Texas to Canada, thus lowering costs to Songgo-Ritty for its Class A Flooring and Firewall Plywood projects, as well as other OEM Customers in the region. Mr. Phon has agreed to convert an existing facility, under Flame Seal’s direction, to produce Fire Retardant products that have been developed by Flame Seal for its OEM Program. The Company has already demonstrated its edge in product quality, as well as its focus on customized “Service” to the OEM Client. This development allows Flame Seal to add “lower cost” to its already impressive list of market advantages. From Michael Kiser: “This is a tremendous development for our Company, and thanks to Harry Phon’s commitment to this project, we will now have a tremendous edge in cost, in addition to our other market advantages, which should provide faster, smoother implementation with all of our OEM Clients in the area. Feedback from current OEM projects was immediate and decisive, eliminating the shipping cost issues in the negotiations. No single move to date has had as dramatic an affect on negotiations as this one. I am truly excited about the timing of these events. This clearly increases Flame Seal’s ability to expand its reach to a greater number of OEM clients in the future as well. Many thanks to members of our new “Advisory Board”, as their experience, contacts, ideas and suggestions helped facilitate this event.” From Harry Phon: “We are happy to work together in this win-win-win situation, and we are ready to do whatever it takes to help Flame Seal in this project. Both of our Companies will gain a substantial advantage from this.” 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 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 |