FSI Announces an Increase in First Quarter Revenue

FSI Announces an Increase in First Quarter Revenue


Victoria, British Columbia (FSCwire) - FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (AMEX: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces a year over year increase in revenues for first quarter (Q1) 2016.

Sales were higher in Q1, 2016 than in Q1, 2015. Flexible Solutions’ top line revenue increased from $4.96 million (Q1, 2015) to $5.30 million (Q1, 2016), up 7% year over year.

Complete financial results will be available on May 12, 2016 concurrent with our SEC quarterly filings. A conference call will be scheduled for 8:00am Pacific Time, 11:00 am Eastern Standard Time, the following day, May 13. See the FSI May 12, 2016 financials news release for the dial in numbers.

About Flexible Solutions International

Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. FSI is the developer and manufacturer of WaterSavrTM, the world’s first commercially viable water evaporation retardant.  WaterSavrTM reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. HeatsavrTM, a “liquid blanket” evaporation retardant for the commercial swimming pool and spa markets, reduces energy costs by 15% to 40% and can result in reduced indoor pool humidity. The Company’s EcosavrTM product targets the residential swimming pool market providing the same savings as HeatsavrTM.

Safe Harbor Provision

The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements.  Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties.  These forward-looking statements may be impacted, either positively or negatively, by various factors.  Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

Flexible Solutions International

206 - 920 Hillside Ave, Victoria, BC, V8T 1Z8 CANADA

Company Contacts

Jason Bloom

Tel:  250.477.9969

Toll Free:  800.661.3560

Fax: 250.477.9912

Email: info@flexiblesolutions.com

If you have received this news release by mistake or if you would like to be removed from our update list please reply to: Danielle@flexiblesolutions.com

To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/flexible04122016.pdf
Source: Flexible Solutions International Inc (NYSE MKT:FSI, FWB:FXT) http://www.flexiblesolutions.com/

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