Flame Seal Comments upon Buckman Press Release, Expansion, Preliminary 1st Qtr Review and Annual Stockholders’ Meeting

CURRENT NEWS ITEM:

BUCKMAN’s PRESS RELEASE

BUCKMAN’s press release, having completed their thorough internal review, has now been released via Business Wire: http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100419005238&newsLang=en . They have also placed the announcement, for publication in next issues, in four target trade magazines:

EXPANSION DECISION REACHED

Flame Seal Products, Inc. (FSP) has selected its expansion property, located in Stafford, Texas, in Fort Bend County on the outskirts of Houston. The property meets all critical aspects of the Search Team’s criteria, including power and water supply, sprinklers, labs, offices, and manufacturing space requirements for up to four complete production systems. The facility should be ready within 30-45 days.

2010 1^st QUARTER REVIEW

SALES: First Quarter Reports will be completed and distributed on or before the May 15 deadline. A preliminary review shows that Flame Seal had record quarterly revenue, achieving 90% of its 1^st quarter forecast, with approximately $450,000 in sales derived from sources as expected. By way of comparison, the first quarter revenues alone equaled 65% of all of 2009 revenues of $694,241 and are a harbinger of future anticipated growth and profitability. During the Quarter there was a high level of commitment of Company resources on the above noted expansion project, ongoing work interfacing with our new partner, and preparing for the American Coatings Trade Show in Charlotte, NC. Management is strongly encouraged by the sales growth considering the intense focus on "non sales” activity to properly position the company for success. The Company expects to file a Quarterly Report by May 15, that will elaborate on the results of operations.

SPUF MARKET: Flame Seal and SPI completed a review and evaluation of over 2 Million square feet of applications of Flame Seal-TB on Polyurethane Foam thus far. There were a few cases of adhesion problems reported, which were thoroughly evaluated. The cause has consistently proven to be applicator error, which supports good quality control of Flame Seal-TB.

Flame Seal decided to take pre-emptive action by organizing a Nation Wide Certified Applicator Training Program to take complete control of all applications of Flame Seal-TB. This will eliminate these errors, and the problems they may cause, as sales volumes escalate. Flame Seal will phase in the program during the next six months. This will provide the customer and fire officials alike the assurance of consistent performance and accountability for these important life-safety issues.

SPUF TESTING PROGRAM: To date SPUF Manufacturers have successfully passed 14 Certified tests of Flame Seal-TB over their respective foams, which represent approximately 85% of the market. ICC Certifications have been received by some, while others are imminent. Sales inquiries are already increasing a great deal due to these developments. Combined with the Certified Applicator Training process, this completes a comprehensive program for SPUF Insulation customers, which will provide them the roadmap for the highest level of assurance possible assuring them all fire codes and safety guidelines will be met.

Details regarding each specific manufacturer cannot be released without approvals and or edits by each company. Such will be released in the press as clearances are received from each respective company. Such releases have been under review by said companies for 2-3 weeks, and their edits / approvals are expected shortly.

LEATHER MARKET: Sales of Leather Seal have also grown as expected, as new agents gain ground in that market. This effort is being capably and energetically coordinated by Craig Keyser, Flame Seal’s Vice President of Marketing.

Additionally, Flame Seal anticipates making future newsworthy releases regarding progress with our partners, the American Coatings Trade Show, and the various SPUF manufacturers as they are approved.

STOCKHOLDERS’ MEETING…

Due to the all-encompassing focus on solidifying partnerships, the American Coatings Trade Show and the establishment of our nation-wide Certified Applicator Program for Flame Seal-TB, as well as tending to daily business and other issues, the stockholders meeting will necessarily be held in June and will be announced as soon as possible.

From the President:

"Hello fellow shareholders. As everyone is keenly aware by now, we have made tremendous strides on several crucial fronts during the first quarter of 2010. Due to a number of factors, the Company and the stockholders will be better served by holding this meeting in June. There are many reasons for this, not the least of which is my health. I have been unable to travel recently, and have been limited in activities outside of the office due to a major eye operation to save my eyesight. We have not made a big deal out of this because it has not affected progress on any projects because of our excellent staff, to whom I have delegated most of the day-to-day operations, as well as thorough forward planning. However, the shareholders meeting is, for obvious reasons, primarily in my court to manage. Also, many stockholders have expressed concern over the April time frame because of difficulty taking time off from work and/or school with their children. Some suggested after school is out. As things are turning out, with my lengthy, and difficult recovery from eye surgery, that will be the best time frame for me anyway.

In the mean time, I will make information available as things develop, such as with the American Coatings Trade Show, Cert Applicator training program, codes work, etc… I will say that, based on preliminary feedback from Craig Keyser and others in attendance, the AC trade show was a tremendous success, which demonstrates to me that we picked the right partner, and that the foundation is fast being built for the sustainable and diversified growth we’ve been seeking. We’ll elaborate further in a future release as we assess our tangible progress. Further, our first QTR report will be out by our mid-May deadline, which will give us a chance to discuss that at the meeting as well. I thank those of you who knew about my eyes, and your well wishes. I look very much forward to "seeing” everyone who attends in June.

MDK

BACKGROUND:

FLAME SEAL PRODUCTS, INC. (FLMP) became a public company and began trading March 27, 2000 on the OTC (Non-BB "Pink Sheets”) stock market. Flame Seal Products, Inc. is the Transfer Agent of record.