updated 12/6/2010 5:15:19 AM ET 2010-12-06T10:15:19

NEW YORK, Dec. 3, 2010 (GLOBE NEWSWIRE) -- Flurida Group, Inc. (OTCBB:FLUG) is pleased to announce its quarterly financial results for the nine month period ended 9/30/2010.

The Company reports that revenues have increased 9% from $7,767,522 to $8,515,125 for the same 9-month period compared to last year. Expenses have also increased to $635,948 from $436,133. This increase was due to hiring of new employees to handle expanded business. 

For full 10Q report, please view http://www.sec.gov/Archives/edgar/data/1430960/000114420410062904/v203684_10q.htm

Jeff Ding, CEO commented, "We are proud of another quarter of increased top line growth. We are seeing healthy growth in our core line of specialized motors and have added staff in our research and development lab in California. Due to the high quality nature of our products, we are experiencing a very high demand from current customers and are eager to service them. Expenses increased this quarter, but only because of our hiring and our servicing of new orders."

About Flurida Group, Inc.

Flurida Group, Inc. engages in sourcing, distributing, and marketing appliance parts to refrigerator manufacturers. It offers a variety of products for automatic refrigerator build-in icemakers, refrigerator through-door ice water systems, electronic control systems; and shade pole motor and motor assembly for refrigerator or freezers. Headquartered in Carson City, California, Flurida Group has operations in North America, Europe, and China. For more information, please view us at www.flurida.net

The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's filings with the Securities and Exchange Commission including the company's registration statement of Form S-1, Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

CONTACT:  Flurida Group, Inc.
          Richard Oravec
          212.924.3548
          info@pivoassoc.com

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