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FLMP Flame Seal Products Inc (CE)

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Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Flame Seal Products Inc (CE) USOTC:FLMP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0002 0.00 00:00:00

Flame Seal Products, Inc. Announces Agreement to Enter the Wildfire Loss Prevention Market

14/04/2014 2:02pm

Marketwired


Flame Seal Products (CE) (USOTC:FLMP)
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Flame Seal Products, Inc. Announces Agreement to Enter the Wildfire Loss Prevention Market

HOUSTON, TX--(Marketwired - Apr 14, 2014) - Flame Seal Products, Inc. (OTC Pink: FLMP) (PINKSHEETS: FLMP), a leading provider of Specialty Chemicals for the Passive Fire Protection Market, today announces an agreement with major West Coast distributor, Firebreak Systems LLC, Hood River, Oregon -- www.firebreaksystems.com -- to market Flame Seal's Fire Protective Coatings and systems for loss prevention due to wildfire.

Lengthy and successful evaluations have been conducted on our intumescent and char forming technologies for protection against Wild Fires. Firebreak and Flame Seal recognize the pressing need for a practical, easily applied method and effective protective product for homes and other structures due to this growing, destructive threat as drought conditions persist and spread in the Western and Southwestern areas of the United States. Firebreak and Flame Seal will pursue significant sales in the wildfire protection industry. The first products have already shipped to various locations throughout the West Coast.

Jim Armodt, founder and owner of Firebreak, comments, "We're extremely pleased to join forces with Flame Seal to address and contain this expanding threat to life and property. A major factor in our establishing this new relationship with Flame Seal is that their products are not only extremely effective, but also appear to be environmentally friendly. We've observed a minimal impact on vegetation which is a new and vital improvement for our customers."

Craig Keyser, Flame Seal CEO, states, "This is a major initiative and new opportunity for Flame Seal. We plan to build meaningful revenues through Firebreak to complement the ongoing broadening of our revenue and customer base and our continuing march to profitability. We're honored to be associated with the caliber and reach of an organization such as Firebreak Systems."

ABOUT FLAME SEAL

Flame Seal Products, Inc., manufacturer of the world's number one fire prevention technology, was founded in 1992 as a research and development company focused on the investigation and application of passive Fire Prevention Technologies. Flame Seal Products, Inc. (FLMP) began trading its common stock on March 27, 2000. Flame Seal Products, Inc. is also the Transfer Agent of record. The company offers a wide variety of Code Driven solutions for a number of diverse applications and industries, and has developed three passive fire prevention technologies which are the basis for the company's products. For more information, go to: http://flameseal.com

SAFE HARBOR STATEMENT

Certain statements in this release may be "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital. Flame Seal takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Flame Seal.

Contact: Investor Relations Richard Kaneb 949-715-3319 Mobile 949-233-3229 - preferred Email: rckaneb@cox.net Website: www.flameseal.com

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