FSI ANNOUNCES THE APPOINTMENT OF DR. KIM REID AS DIRECTOR
Rhea-AI Summary
Flexible Solutions International (NYSE-American: FSI) announced that Dr. Kim Reid has been appointed as a director and member of the audit committee, serving until the next Annual Meeting. The company also reported the resignation of long-serving director and former audit committee chair, John Bientjes, and the appointment of David Fynn as the new audit committee chair.
Dr. Reid is a process development scientist and Postdoctoral Fellow at the Ottawa Hospital Research Institute, leading technology transfer for mRNA-LNP cancer-vaccine production into GMP bio-manufacturing. Her background spans biomanufacturing, molecular biology, health research, GMP procedures, and leadership, and she has extensive academic qualifications and publication experience.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 14 | Second-quarter earnings | Negative | +6.9% | Revenue declined and the company reported a net loss versus prior-year income. |
| Jul 20 | Second-quarter revenue | Negative | -10.8% | Preliminary revenue declined 35% year over year amid weaker sales. |
| May 15 | First-quarter earnings | Neutral | -3.9% | Revenue and operating cash flow improved while the company remained unprofitable. |
| Apr 21 | First-quarter revenue | Positive | +9.2% | First-quarter revenue increased 11% year over year, supported by new sales. |
| Apr 15 | Full-year earnings | Negative | +5.9% | Net income declined sharply despite completed facility investments and debt repayment. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
FSI's historical reactions were mixed, with positive and negative responses across earnings and revenue announcements.
Key Terms
mRNA-LNP medical
GMP regulatory
bioreactors technical
fill-and-finish technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
TABER, ALBERTA, Aug. 31, 2026 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: 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. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company wishes to announce the appointment of Dr. Kim Reid as director and audit committee member.
"The Board of Directors wishes to announce the resignation of Director John Bientjes after nearly thirty years of service. We are sad to lose his official advice but, John will remain as a friend and confidant of the Company. Mr. Bientjes also served as Audit Committee Chair; Mr. David Fynn, who has been on the Audit Committee for many years, has accepted the Audit Committee Chair position.
We are also pleased to announce the appointment of Dr. Kim Reid as Director and Audit Committee member, to serve until the next Annual Meeting. Dr. Reid is a process development scientist with a background in bio-manufacturing, molecular biology, health research, and operational leadership. She is currently a Postdoctoral Fellow in the John C. Bell Laboratory at the Ottawa Hospital Research Institute, where she leads a technology transfer team to bring mRNA-LNP cancer-vaccine production from academia into scaled GMP bio-manufacturing. She has experience in upstream and downstream process development, assay development, quality control and assurance, GMP clean-room procedures, bioreactors, filtration, chromatography and fill-and-finish. She holds a PhD in Biology from the University of Ottawa, an MSc in Experimental Pathology and Laboratory Medicine from UBC, an Advanced Biotechnology Diploma from Algonquin College, a BSc in Biology, and a combined BSc in Physics and Physical Oceanography. She has completed specialized training in GMP and mRNA/mRNA-LNP biomanufacturing.
Kim’s research has been published in peer-reviewed journals including Scientific Reports, Journal of Biological Chemistry, and Endocrinology, and her work as a freelance systematic reviewer has involved leading multidisciplinary teams in the examination of clinical and health-economics evidence for international clients. Her current professional engagement includes founding and leading the Expert Talk Series for the Society for RNA Therapeutics. Early in her career, Kim served with the Royal Canadian Air Force as an officer and fighter pilot, flying the CT-114 Tutor, CF-5 Freedom Fighter and CF-18 Hornet with 441 Tactical Fighter Squadron. She was the third woman to fly fighter aircraft in Canada and the first woman to become operationally qualified for both NORAD and NATO combat missions. Her experience will allow her to contribute to scientific and board discussions, particularly where technology, innovation, risk, regulated environments, evidence-based decision-making and organizational leadership intersect.
We are excited to welcome Dr. Reid and feel sure that she will add depth and new skills to the Board.
Once again, we would like to thank John personally for all his years of service and friendship."
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 54th 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
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