FSI Announces 39% increase in Second Quarter Revenue

FLEXIBLE SOLUTIONS INTERNATIONAL, INC. FSI announces a significant year over year increase in revenues for second quarter (Q2), 2011. Sales into oil extraction, agriculture and detergent industries were much higher than in Q2, 2010. As a result, Flexible Solutions' top line revenue increased from $2.83million (Q2, ‘10) to $3.93million (Q2, ‘11), up 39% year over year. The largest driver of FSI's sales growth has been agricultural sales. The product is used to increase fertilizer availability to crops giving higher yields with no increase in the amount of fertilizer used. The cost of using our product is a fraction of the value of the yield increase, which results in net profits for farmers. Mr. Dan O'Brien, CEO, comments, “The revenue increases FSI reports are the result of hard work by our sales and operating people. I am pleased to lead such a strong team.”