Acme United Introduces New Products.Business Editors FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 15, 2000 Acme United Corporation (ASE:ACU) announced today a number of new products at the School, Home, and Office Products Association show in Miami, Florida. The Company introduced TWIST-IT(TM), a soft and flexible ruler with large print designed for the retail and school markets. This ruler has mass market placement and will begin shipping immediately. The Tagit! family of scissors and rulers has been expanded to include staplers, staple removers, and paper punches. The new products bear Acme's patented name identification features and unique designs. To date, Acme has sold over one million Tagit! scissors and rulers, and has received very positive feedback. Acme announced new personal protection products, which expand the Company's first aid and safety family. The new items include hearing, eye and head protection, wrist and arm supports, and new first aid products. These items now have retail placement and will ship by the first quarter 2001. Acme has also introduced Easy Load(TM), a patent pending device that installs product on retail displays in a very efficient manner. The Company believes this device will save its retail accounts significant labor in stocking its products, and provides a unique advantage to Acme. Walter C. Johnsen, President and Chief Executive Officer, said "These new products represent a portion of our development pipeline. We are excited to be introducing them at our largest trade show, and are encouraged by the early reception from our customers." Acme United is one of the largest suppliers of cutting instruments, measuring devices, and safety and related products for consumers. Forward-looking statements in this report, including without limitation, statements related to the Company's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including without limitation the following: (i) the Company's plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company's plans and results of operations could be affected by the Company's ability to manage its growth and assets; and (iii) other risks and uncertainties indicated from to time to time in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion