Alpha Pro Tech, Ltd. Announces a Second Agreement for Engineered Products.NOGALES Nogales (nōgä`lās), city (1990 pop. 19,489), Santa Cruz co., S Ariz. on the Mexican border with its adjacent city, Nogales (1990 pop. 105,873), Sonora, NW Mexico. There are copper, silver, and lead mines. , Ariz. -- Alpha Pro Tech, Ltd. (AMEX AMEX See: American Stock Exchange :APT)(CHX See Chicago Stock Exchange. CHX See Chicago Stock Exchange (CHX). :APT): -- Perma "R" Products, Inc. to Sell Roof Underlayment Products -- 3 Year Mutually Exclusive Adj. 1. mutually exclusive - unable to be both true at the same time contradictory incompatible - not compatible; "incompatible personalities"; "incompatible colors" Agreement for $3 Million Minimum Per Year Alpha Pro Tech (AMEX:APT)(CHX:APT), a leading developer and manufacturer of proprietary materials for disposable protective apparel, announced today that its subsidiary, Alpha ProTech Engineered Products, Inc., has signed a second 3-year, mutually exclusive agreement with Perma "R" Products, Inc., a Grenada, Mississippi-based company in the construction industry. This agreement stipulates that Perma "R" will be responsible for all sales & marketing of Alpha Pro Tech's roof underlayment product, and Perma "R" has agreed to minimum sales of $3 million per year. "I'm pleased to announce this agreement with Perma "R" Products for APT's roof underlayment. This is in addition to our previously announced 3 year $5 million minimum per year agreement for our house wrap product," commented Al Millar, Alpha Pro Tech's President. "This agreement will make our unique technology available to home builders nationwide. With Alpha Pro Tech's underlayment technology, houses can wait up to six months before shingles shingles: see herpes zoster. shingles or herpes zoster Acute viral skin and nerve infection. Groups of small blisters appear along certain nerve segments, most often on the back, sometimes after a dull ache at the site; pain becomes , tiles or other coverings are installed, without damage from rain or other reasonable weather conditions. In essence, this provides much more continuity in the building process, and will enable work to continue inside with protection from the elements. The exceptional reputation of Perma "R" Products, and the strong customer base validates our technology and provides us with a strong entry into this large industry." Tim LeClair, Chief Executive Officer of Perma "R" Products, Inc., added, "We are pleased to have completed an agreement giving Perma "R" exclusive access to these exciting technologies, and look forward to introducing them to the established customer base we have built during the past 26 years. This product is much lighter, more durable and slip resistant when compared to 30 pound felt, the industry standard in roof underlayment. Adding Alpha ProTech's new roof underlayment and house wrap products to our comprehensive line of building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . gives us an entree - and a competitive advantage -- into an estimated $1 billion annual market." About Perma "R" Products, Inc. Perma "R" Products is a leading manufacturer and developer of cutting-edge products for the building and packaging industries. The Company also owns General Panel Corporation, a manufacturer of Structural Insulated Panel Structural insulated panels (or structural insulating panels), SIPs, are a composite building material. They consist of a sandwich of two layers of structural board with an insulating layer of foam in between. (SIPS) for residential and commercial building markets. Also, Perma "R" is an owner and a manufacturer of LOGIX ICF (Internet Connection Firewall) The built-in firewall in Windows XP. It provides a stateful inspection of packets which accepts only responses to requests originated by the user. , an insulated concrete forms (ICF) for all of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. used in residential and commercial markets. The Company's corporate offices are in Grenada, Mississippi and manufacturing plants in Grenada; Johnson City, Tennessee Johnson City is a city in Washington County, Tennessee; however a small part of the city is located within Sullivan County, Tennessee, to the northeast and Carter County, Tennessee, to the southeast. As of the 2000 census, the city had a total population of 55,469. ; Union, Mississippi. About Alpha Pro Tech, Ltd. Alpha Pro Tech, Ltd. develops, manufactures and markets innovative disposable and limited-use protective apparel products and infection control products for the clean room, industrial, pharmaceutical, medical, dental and food service markets. Alpha ProTech Engineered Products develops and manufactures a line of construction supply weatherization products, including housewrap and roof underlayment, as well as a line of antimicrobial paint. The Company has manufacturing facilities in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. ; Nogales, Arizona; Janesville, Wisconsin; and Valdosta, Georgia. For more information and copies of all news releases and financials visit Alpha Pro Tech's Website at http://www.alphaprotech.com. This news release contains forward-looking statements that are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in registration statements, annual reports and other periodic reports and filings of the Company filed with the Securities and Exchange Commission. All statements, other than statements of historical facts, which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. As a result, there can be no assurance that the Company's future results will not be materially different from those described herein as "believed," "anticipated," "estimated" or "expected," which reflect the current views of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which such statement is based. |
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