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FALKEN INDUSTRIES LTD OTC:FLKI announced the Launch of World Trading, a Wholly Owned U.S. based Industrial Product Development and Conception Trading Company. World Trading intends to Leverage Global Relationships with Falken Industries Ltd, its Joint venturers, Strategic Alliance Partners and Subsidiaries. Falken Industries Ltd (OTC: FLKI), a U.S. owned, rapidly growing holding company operating globally in two core business segments, product development and production and distribution of basic chemical and wet wipe materials, formed World Trading, a wholly owned subsidiary to engage in the global purchases and sales of industrial commodities. It will do so for Falken Industries Ltd, its Joint Venturers, Strategic Alliance Partners, and its subsidiaries and client companies. World Trading will initially focus its efforts in North and South America, Russia, parts of Africa and the European Union. World Trading will seek to market products from Falken Industries' product development concepts and produced by its Joint Venturers, Strategic Partners, and various business units. It will respond to an increasing demand to market and procure products for its consulting clients. World Trading will also seek to leverage Falken Industries Ltd relationships in Europe and abroad to opportunistically trade additional complimentary products for its end customers. The company, a leader in BioDegradable production expects to begin trading in the following product categories: • Chemicals and derivatives • Wipe Substrates and tissues • Converting and conditioning of wipe, wet wipe materials and finished products • Polishes, soaps and other consumer and industrial products. • Disinfection Commenting on the launch, Dr.Adolfo Garcia, Head of Research and Development for Chemical and Wipe derivatives at Falken Industries Ltd, stated, "Part of our overall strategy is to vertically integrate operations and take advantage of synergies within our organization and with our clients. By creating World Trading and focusing our efforts on capitalizing on inquiries we have received internationally for our products as well as marketing to key areas in the EU and Americas, we will seek to capture additional sales opportunities and leverage all of our supplier and end customer relationships. We believe this can significantly enhance our sales and profits in the coming years."
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