FOR IMMEDIATE RELEASE

Sun Valley , California , May 24, 2005 – Flamemaster Corporation (OTC Pink Sheets“FAME”) today reported net income of $196,262 or $.17 per share on sales of $1,258,280 for the quarter ended March 31, 2005, compared to net of $123,745 or $.10 per share on sales of $1,224,709 in the year earlier period. 

 For the six month period ended March 31, 2005, sales increased to $2,380,720 from $2,281,333 in the year earlier period.  Net income for the six months rose to $235,566 or $.21 per share vs. $196,439 or $.16 per share. 

 Flamemaster is a Southern California based specialty chemicals manufacturer of high performance sealants, adhesives and coatings.  

The release herein may contain or identify a forward-looking statement.  These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions, which are subject to change.

                                                                                    Flamemaster Corporation

                                                                                                (Unaudited)

Written and oral statements made by the Company that are not historic in nature are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995, including statements made in this news release and in filings with Securities and Exchange Commission. Generally, the words "believe," "expect," "hope," "intend," "estimate," "anticipate," "plan," "will," "project," and similar expressions identify forward-looking statements. All statements which address operating performance, events, developments or strategies that the Company expects or anticipates in the future are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results or events to differ materially from the Company's past experience or current expectations. The risks and uncertainties that may impact forward-looking statements include the following: the outcome of the Company's notification of termination of registration under the Exchange Act, uncertainty whether trading in the Company's Common Stock will continue on the Pink Sheets or any other forum after delisting and deregistration, whether the Company will realize significant savings from the termination of public reporting or successfully re-allocate management resources, and the other factors discussed in the Company's reports filed with the Securities and Exchange Administration.  

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Questions or Comments?

For More Information Contact:
Joseph Mazin
Flamemaster Corporation
11120 Sherman Way
Sun Valley, California  91352-4949
Tel: 818.982-1650
FAX: 818.765-5603
e-mail:  releases@flamemaster.com

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Last modified:  September 29, 2005