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FOR IMMEDIATE RELEASE


FLAMEMASTER DECLARES 68th CONSECUTIVE QUARTERLY CASH DIVIDEND

Pacoima, California:  Flamemaster Corporation (Pink Sheets - “FAME.PK”), January 26th 2007 announced that it’s Board of Directors declared a quarterly cash dividend of $.017 payable on March 15, 2007 to shareholders of record, February 22, 2007.  

The Company has relocated to a larger facility located in Pacoima , CA .  The new facility is nearly double the size of the previous plant, and more efficient for Flamemaster’s needs. However, the expenses related to the move and the disruption of production will hamper the financial results for The Company in the first and second quarters.  The Company expects it will report a loss for the first quarter.  This will be the first quarterly loss in over 20 years.  

Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings.   

The release herein may contain or identify forward-looking statements.  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.

                              


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For More Information Contact:
Joseph Mazin
Flamemaster Corporation
13576 Desmond Street

Pacoima, CA  81331

 

Phone: 818 890-1401

Fax  818 890-6001

e-mail:  mailto:marykay@flamemaster.com

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