FSI ANNOUNCES A SECOND SIGNIFICANT FOOD GRADE CONTRACT

Rhea-AI Summary

Flexible Solutions International (NYSE Amex: FSI) has secured a second significant food grade contract for its Illinois plant, with projected annual revenue between $6.5 million and $13 million. The five-year contract includes provisions for expansion to over $25 million in annual revenue, along with tariff and inflation protection.

Production will commence immediately without requiring additional equipment or capital improvements. Combined with the January contract, FSI's food grade production could exceed $50 million annually by 2027. The company aims to potentially double its revenue in the next 18 months through this expansion, alongside its legacy business moving to Panama and ENP operations in Illinois.

Positive

• New food grade contract worth $6.5-13 million annually with potential expansion to $25+ million
• No additional equipment or capital investment required for production
• Five-year contract term with tariff and inflation protection provisions
• Combined food grade contracts could reach $50 million annual revenue by 2027
• Potential to double total company revenue in next 18 months

Negative

• Specific products, customer details, and volumes remain undisclosed

TABER, ALBERTA, Aug. 11, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI), 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. FSI is also increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces it has signed a second significant food grade contract.

Today the Company announces a new food grade contract for the Illinois plant with estimated revenue between $6.5 million and $13 million per year. Limited production will begin immediately and scale up to the revenue estimates as quickly as possible. No additional equipment or capital improvements are needed to begin, or to reach full, production.

Additional items in the contract include a five-year term, provision for optional expansion to greater than $25 million in annual revenue and provisions for tariff and inflation protection. The specific products, customer and volumes will not be disclosed but, a redacted version of the contract will be filed with the SEC as soon as both parties approve it.

Dan O'Brien, CEO, states, "This contract, combined with the one announced in January, have the potential to bring our new food grade production to more than $50 million per year by the 2027 year." Mr. O'Brien continues, "Added to our legacy business, which is moving to Panama and our ENP business in IL, we believe it is possible to double our revenue in the next 18 months. I know every person in the FSI group is excited to try and achieve this.".

About Flexible Solutions International

Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Taber, Alberta, 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. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world

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
6001 54^th Ave, Taber, Alberta, CANADA T1G 1X4
Company Contacts

Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email: info@flexiblesolutions.com

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

FAQ

What is the value of FSI's new food grade contract announced in August 2025?

The new contract is valued between $6.5 million and $13 million per year, with potential expansion to over $25 million in annual revenue.

When will FSI begin production for the new food grade contract?

FSI will begin limited production immediately, scaling up to full production capacity as quickly as possible.

What is FSI's projected revenue from food grade production by 2027?

FSI projects that combined food grade production could exceed $50 million per year by 2027, including both the January and August 2025 contracts.

What are the key terms of FSI's new food grade contract?

The contract includes a five-year term, provisions for expansion beyond $25 million in annual revenue, and protections against tariffs and inflation.

How will this contract impact FSI's overall revenue?

FSI believes this contract, combined with their legacy and ENP business, could help double their total revenue within 18 months.