Action Products Expects Sales Gains Of 25% In May; Company To Add Four New Products in May And Name A New CFO.ORLANDO, Fla. -- Action Products International, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :APII APII Asia-Pacific Information Infrastructure APII Ablation Plasma Ion Implantation APII Advanced Prototype Information Infrastructure (US DoD DISA) ), a leading toy designer and manufacturer of educational and positive, non-violent branded toys for pre-school children through pre-teens, reported today that based on prebooked orders and new products entering the pipeline, the current estimate is that May sales will be up 25% over last year. "Thanks to our recent investment in the material handling area, we are able to handle more orders in an efficient way," said Warren Kaplan, Chairperson. "We will continue to improve and expand our company owned warehouse operation in Ocala, FL later this year and into 2006. Our pipeline of new products is flowing at a steady rate and we are on target to bring out 50 new products this year. We currently have approximately 500 SKUs and as warehouse capacity increases, so will the number of SKUs. We expect to name a new CFO See Chief Financial Officer. within the next 30 days. That will allow us to focus on acquisitions and we have several potential targets. Our main job is to acquire companies or assets that will be accretive and allow us to reach our longer term goal of $50,000,000 in sales." The four new products are Lizards Bitty Buckets, EZ build biplane biplane, aircraft, typically of early design, having two sets of wings fixed at different levels, especially in a vertical stack with the fuselage included between them. See airplane. , EZ build Noah's Ark Noah’s Ark preserves Noah’s family and animals from flood. [O.T.: Genesis 6:7–9] See : Refuge and Build Them Up Sticks (for the Curiosity Kits brand). The company expects to release first quarter results on May 13 and to hold a conference call. Preliminary indications are showing a strong improvement in the bottom line for the first quarter. Action Products expects to report higher sales and a profit for 2005. About Action Products Action Products International, Inc. brands including JAY JAY THE JET PLANE Jay Jay the Jet Plane is a CGI children's television cartoon fiction series. It has about 60 episodes. The characters are mostly talking airplanes, and a helicopter, and some humans, and two talking ground vehicles, based at a fictional Tarrytown Airport in the USA. Wooden Adventure System(TM), I Dig Dinosaurs(R) and I Dig Treasures(R) excavation activity kits, Space Voyagers(R) ("The most authentic Space Toys on Earth"), Wild Climbers This list of climbers includes both mountaineers and rock climbers, since many (though not all) climbers engage in both types of activities. The list also includes boulderers and ice climbers. (TM) and Climb@Tron(TM) window-climbing animals and robots, Play and Store(TM) themed playsets, Kidz Workshop(TM) wooden projects, Drop Zone Extreme(TM) parachute toys, and Curiosity Kits(R), a leading, award-winning specialty brand for kids' craft and activity kits. Its products are marketed and sold worldwide to specialty retailers, museums, toy stores, theme parks, attractions, zoos, catalog companies, Internet retailers, and educational markets. For more information on Action Products' toys, visit the Company's web site at http://www.apii.com. Any statements that are not historical facts contained in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made. |
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