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Falken Industries Ltd: 2010 YE Operating Margins Rise Another 10% Continuing Their Progression
Hedging and Cost Containment in Procurement Coupled to Efficiencies and Strict Operating Cost Reductions of in Excess of 30% Exceed Management Objectives . Companies:FALKEN INDUSTRIES.Related Quotes Symbol Price Change FLKI.PK 0.08 0.00 {"s" : "flki.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Falken Industries Ltd On Tuesday February 15, 2011, 4:01 pm EST TRENTON, NEW JERSEY--(Marketwire - 02/15/11) - Falken Industries Ltd (OTC.BB:FLKI - News) - Operating Margins for this international leader in its industry continued to rise and soared more than 10% to 38,43% for the YE December 31, 2010. This performance arises notwithstanding heavy development and promotional expense and distributor support for a fast expanding global distribution network. "This is particularly noteworthy because FLKI has resisted all temptations to a policy of pass-along price increases and is now the uncontested recognized leader for price stability," said Manuel Garcia, communications officer. The company maintains its profitability even as it continues its market share expansion processes fueled in part by its ability to refrain from price increases. FLKI cost control advantages and consequent absence of price increases to distributors some in difficult economic environments are a hugely contributing factor to its leadership position and expanding global market share. Much of the reputed success of the company lies with its vaunted procurement and purchasing efficiencies which have hedged its raw material cost up to three years, given it substantial cost advantages over its competitors. "Enhancement of these strengths was materially emphasized during 2010 and will continue through 2011," added Garcia. Sales are projected to continue their steady increase, boosted by a significant improvement in global market share of FLKI product conceptions because these have been progressively filling the voids created by over priced and over extended competitors. FLKI professional lines are continuing to fuel considerable interest and growth, motored by the barely year old product concept "Brilliance". Military and governmental product conceptions in protective, disinfecting and cleansing agents are developing successfully. A sampling of FLKI product conceptions may be seen at CleanPlusHome. Clean PlusĀ® is the best known branded collection of FLKI consumer, professional and industrial product concepts. About Falken Industries Ltd: Falken Industries Ltd (OTC.BB:FLKI - News) 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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Falken Industries Ltd Accepts Unsolicited Invitation to Join MINA MAR GROUP List of Covered Companies
FLKI Expects That Coverage by MINA MAR Will Greatly Enhance the Performance of Investor Relations and Communication and Improve Cooperation and Coordination to Facilitate Exchanges and Exposure With and to the Investment Banking Community Press Release Source: Falken Industries Ltd On Wednesday February 16, 2011, 12:00 pm TRENTON, NEW JERSEY--(Marketwire - 02/16/11) - Falken Industries Ltd (OTC.BB:FLKI - News) today announced that the company had been selected for independent objective coverage and reporting by MINA MAR GROUP a globally recognized consulting & corporate finance group with particular expertise in IR and Shareholder Awareness communication. It is particularly well known for its customized showcasing of quality emerging growth stocks. The decision to accept independent coverage is consistent with a recent general policy change by Falken's management which creates an IR cooperation and coordination cell within the company's communications department to facilitate exchanges and exposure with and to the investment banking community. Manuel Garcia, Communications Officer, during the press conference called for the purpose, stated: "It takes little more than a Google search of the symbol FLKI to realize that the company is well known in the industry where it places solidly as a global leader for its consumer, professional and industrial product conceptions." This is an unprecedented decision of the kind. The company has never prioritized or operationally addressed its relationship with Investment Banking firms. Consequently, it is no surprise that it has done little if anything to promote investments in its stock in cooperation with members of the Investor Relations profession. Garcia added: "The focus was brought to bear by the sentiments of the company's 4000+ shareholders which consistently opine that the stock seriously undervalues the company's fundamentals." Shareholders have a dedicated address at shareholders@falkenltd.com. MINA MAR aims to provide the investing public with a free unique and objective information source on the company for investors who like to conduct their own research and make their own investment decisions. The group allows users to review and investigate dynamic publicly traded companies in user-friendly environments. A profile of FLKI is available through MINA MAR who will solely undertake to ensure that timely information is available for the investing public. In order to guaranty objective coverage, acceptance of its placement on MINA MAR's select list of dynamic publicly traded companies is without further obligation to the company. About Falken Industries Ltd: Falken Industries Ltd (OTC.BB:FLKI - News) 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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Falken (OTCBB: FLKI) Fosters Future Product Development and Technology Investment
Falken Industries (OTCBB: FLKI) is dedicated to maintain its global leadership position by an ongoing significant recruiting effort and increased investments and engagement in game-changing innovations Press Release Source: Falken Industries Ltd On Tuesday February 22, 2011, 4:00 pm EST TRENTON, NEW JERSEY--(Marketwire - 02/22/11) - To foster the company's technological future, Falken Industries Ltd. (OTC.BB:FLKI - News), provided university students of advanced degrees with the opportunity to see the inside workings of FLKI's research and development, and production facilities in Europe. The event provided 30 students, both Degree and Masters, from Universities and Technical Engineering Schools learning experience about the Automobile After-Market industry, its technologies, and the skills needed to succeed in this industry. Falken has been operating in the Automobile After-Market industry since 1997, and the company's professionals provided students of Chemical Engineering, Product Design, Electronic and Electrical Engineering with insights into the workings of the industry, and the understanding of what technology means in the real-world product market. FLKI also provided the students a glimpse of what it would be like to take their current ideas and research work to the market by working in FLKI's innovative and technology-driven environment. Manuel Garcia Communications Officer at Falken, said: "FLKI's success is a result of the combination of a wide range of skills and expertise, and constant ongoing effort to secure a solid technological base for Falken's future. That is why we focus closely on educational institutions and industry professionals, and raise awareness about the opportunities with Falken. Our strategy is to seek skills and ideas, prove the concepts behind these ideas, force their evolution and work with our global distribution network to ensure rapid implantation of game-and-industry changing innovations. We pride ourselves as an incubator of ideas in the Automobile After-Market industry and we foster breakthroughs that can benefit FLKI using its global reach. This approach has kept Falken at the forefront of the industry and we do not intend to strand from this proven path." About Falken Industries Ltd : Falken Industries Ltd (OTC.BB:FLKI - News) 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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