Action Products Forecasts Record Sales for First Quarter; Company to Ship Eight New Products in April.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, today announced that the company could see record sales in the first quarter. The previous first quarter record was in 2004, when sales reached $1,762,789. Jerome Sage, Vice President of Sales and Marketing, commented: "Consumer demand for our specialty toys appears to be growing rapidly. With a strong line-up of unique 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. (TM) and ToddWorld(TM), we are well-positioned for consistent growth in the $4 billion educational toy An educational toy is a toy designed to teach people, typically children, about a certain subject or help them learn a skill as they play. Examples include:
The Company intends to launch 50 new products in 2005, with eight of those coming on line in April, including reptile Big Box, Insect Big Box, Saturn V For the moon designated Saturn V, see Rhea. Saturn V is also an alternative designation for the Centaur rocket stage. "Saturn 5" redirects here. inflatable in·flat·a·ble adj. Designed to be filled with air or gas before use: an inflatable mattress. n. An object or device that can be filled with air or gas, especially: a. , Aircraft Bitty Bucket, Horse Bitty Bucket, EZ build(TM) Bi-Plane and several new space items. Ron Kaplan, chief executive officer and president, commented, "We are receiving strong interest from bookstore and coffee house chains for our two new brands Talking Stix(TM) and ToddWorld(TM), thus, we have good reason to believe that these two brands will have a positive effect on sales this year and a major effect on sales in 2006 and beyond." Ron Kaplan also stated, "We continue to focus on building strong brands, improving our gross margins and increasing profitability. In addition, as part of our overall strategy, we continue to seek accretive acquisitions Accretive Acquisition An acquisition that will increase the acquiring company's EPS. Notes: As they are expected to increase the acquiring company's future earnings, these acquisitions tend to be favorable for the company's market price. in the educational and specialty toy sectors." About Action Products Action Products International, Inc. is a multi brand designer and manufacturer of educational and positive branded toys emphasizing fun. Quality brands including JAY JAY THE JET PLANE 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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