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Tuesday, 08/25/2009 5:24:36 AM

Tuesday, August 25, 2009 5:24:36 AM

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FLKI achieves substantial reduction in procurement leading to better and lower costs for its high end product conceptions.

World Trading, an affiliate of Falken Industries Ltd (OTC : FLKI), and Norex International (France) Inc Entered into a Strategic Partnership Agreement for Procurement and completes first agency transaction in Bio Substrates

Falken Industries Ltd (OTC: FLKI), a rapidly growing company operating globally in two core business segments, chemical and wet wipes product conceptions, announced today that its recently established affiliate, World Trading, has entered into a strategic partnership agreement with Norex International. ("Norex"). Under the terms of the agreement World Trading will assist Norex in procuring various innovative high tech substrates for manufacture and distribution of FLKI conceptions to its markets.

Norex is engaged in in the manufacture, sale and distribution of chemicals and wet wipes. Norex supplies a large range of finished chemical and wet wipe products for various industries. FLKI product conceptions rely on unique innovative and entirely eco-friendly materials, and the alliance is expected to result in substantial economies of scale for manufacturers of FLKI conceptions, including the world renowned Clean Plus® brand.

The alliance will leverage raw material cost. Norex maintains customers throughout the world. Raw materials will be supplied by World Trading from global suppliers in India, Hong Kong, Nigeria, Brazil, Turkey, the Philippines and Libya and others. Norex International’s product lines include bulk chemicals, finished product lines, degreasers, soaps, anti-graffitis, flow packs, wet wipes for consumer, professional and industrial uses etc.

Commenting on this agreement, Manuel Garcia, Communication Officer for FLKI, stated, "We are excited to have forged this relationship and to begin sourcing through World Trading for Norex. We are very encouraged by the potential opportunities before us to source various innovative materials and substrates ensuring substantial savings in the cost of raw materials for all producers and consequently distributors of FLKI product conceptions."

The agreement will greatly facilitate and indeed ensure the continuation of FLKI product conception’s present price and quality leadership for distributors throughout the world.

Commenting on the letter of intent, Garcia added, " Sales of FLKI conceptions such as the Clean Plus® branded products have become a major export for many distributors with international sales growing at a compounded rate of 100% over the past few years. We believe the demand for FLKI product conceptions will continue to grow as customers attempt to increase the life of their capital investment – most notably in the Automobile After-Market where the Clean Plus® brand is a recognized global leader for car and vehicular care.

About Falken Industries Ltd :

Falken Industries Ltd OTC : FLKI is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.


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