Action Products Forecasts Sales For The Four Months Ending April 30 Up 10% Over Last Year; Company Expects To Report Financial Improvements For The First Quarter.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 the company is achieving sales gains this year in spite of severe cut backs by mass specialty market retailers. April sales were off only 3% from last year. The company enjoyed gains in the specialty toy market where sales increased by 20% while its location-based edutainment Educational material that is also entertaining. (application) edutainment - Interactive education and entertainment services or software, usually supplied commercially via a cable network or on CD-ROM. (museum/theme park) sales gained 15%. The overall gain in sales is different from what is happening in the rest of the industry where toy companies have been reporting reduced sales. "Children are not going to disappear and there will always be a demand for our toys," said, VP of Sales and Marketing, Jerome Sage. "The retail market is shifting and we are moving with it. Our advanced orders are strong going into the third quarter and we are forecasting record catalog sales. For this second quarter, we expect to see sales gains over last year. The Space Shuttle space shuttle, reusable U.S. space vehicle. Developed by the National Aeronautics and Space Administration (NASA), it consists of a winged orbiter, two solid-rocket boosters, and an external tank. flight, and the upcoming release of Star Wars will excite sales of our Space Voyagers brand, and the 32 city Jay Jay Tours America live event promotion both lead us to believe that the period ahead will show strong sales gains over last year." On another note, the Company also announces Raymond Oliver Raymond Oliver was chef and owner of LeGrand Vefour restaurant in Paris, one of the France's great restaurants. The three star restaurant had been a favorite of the nation's leaders and artists. Napoleon, Voltaire, Colette, Sartre and Victor Hugo all ate there, some regularly. has been hired to the Action Products team as its Investor Relations Investor relations The process by which the corporation communicates with its investors. Officer. Mr. Oliver is a 15-year veteran of the financial and stock markets. First quarter financials and conference call are expected by May 13. 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 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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