U.S. Markets open in 8 hrs 19 mins

Falken (OTCBB: FLKI) Fosters Future Product Development and Technology Investment

TRENTON, NEW JERSEY--(Marketwire - 02/22/11) - To foster the company's technological future, Falken Industries Ltd. (OTC.BB:FLKI - News), provided university students of advanced degrees with the opportunity to see the inside workings of FLKI's research and development, and production facilities in Europe. The event provided 30 students, both Degree and Masters, from Universities and Technical Engineering Schools learning experience about the Automobile After-Market industry, its technologies, and the skills needed to succeed in this industry.Falken has been operating in the Automobile After-Market industry since 1997, and the company's professionals provided students of Chemical Engineering, Product Design, Electronic and Electrical Engineering with insights into the workings of the industry, and the understanding of what technology means in the real-world product market. FLKI also provided the students a glimpse of what it would be like to take their current ideas and research work to the market by working in FLKI's innovative and technology-driven environment.Manuel Garcia Communications Officer at Falken, said: "FLKI's success is a result of the combination of a wide range of skills and expertise, and constant ongoing effort to secure a solid technological base for Falken's future. That is why we focus closely on educational institutions and industry professionals, and raise awareness about the opportunities with Falken. Our strategy is to seek skills and ideas, prove the concepts behind these ideas, force their evolution and work with our global distribution network to ensure rapid implantation of game-and-industry changing innovations. We pride ourselves as an incubator of ideas in the Automobile After-Market industry and we foster breakthroughs that can benefit FLKI using its global reach. This approach has kept Falken at the forefront of the industry and we do not intend to strand from this proven path."About Falken Industries Ltd :Falken Industries Ltd (OTC.BB:FLKI - News) is a diversified industrial conglomerate that operates in Chemicals, Wet Wipe and Biodegradable Technology. Falken Industries Ltd is the concept behind more than 160 products distributed through a network of global platforms and the recipient of trade awards for innovations, biodegradability and environmental and health quality standards.SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" made pursuant to the safe harbor provisions of the 1995 Private Securities Litigation Reform Act. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." Such statements are subject to risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.