FSI Announces a Decrease in Second Quarter, 2015 Revenue

First Half Revenue Increases Year over Year

VICTORIA, BC / ACCESSWIRE / July 14, 2015 / FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (AMEX: FSI, FRANKFURT: FXT.F), 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 decrease in revenue for second quarter (Q2), 2015.

Sales were lower in Q2, 2015 than in Q2, 2014. Flexible Solutions' top line revenue decreased from $4.29 million (Q2, '14) to $3.90 million (Q2, '15), down 9% year over year. For the 6 months ended June 30, 2015 sales were up from $8.10 million to $8.86 million, up 9% year over year.

Mr. Dan O'Brien, Chief Executive Officer reports, "This quarter had somewhat lower revenue than expected, possibly because the excellent first quarter pulled sales from Q2. The results of the first two quarters average to the low end of the growth we anticipate this year."

Complete financial results will be available by August 14, 2015 concurrent with the Company's SEC quarterly filing.

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 WaterSavr, the world's first commercially viable water evaporation retardant. WaterSavr reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. Heatsavr, 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 Ecosavr product targets the residential swimming pool market providing the same savings as Heatsavr.

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& CANADA V8T 1Z8

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: sara@flexiblesolutions.com.

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

SOURCE: Flexible Solutions International, Inc.

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