Alpha Pro Tech Named Stock Pick of the Year by the Bowser Report.Business Editors 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. , Arizona--(BUSINESS WIRE)--Feb. 1, 2001 ALPHA PRO TECH, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (AMEX AMEX See: American Stock Exchange :APT CHX See Chicago Stock Exchange. CHX See Chicago Stock Exchange (CHX). : APT), a developer, manufacturer and marketer of disposable protective apparel for the medical, dental, industrial clean room and food service markets, announced today that it has been selected as the stock pick of the year by The Bowser Bowser may mean:
The Bowser Report singled out Alpha Pro Tech in its January newsletter as its top candidate for growth in 2001, based on the Company's new supply agreements, including the marketing of its Food Service Safety Products to more than 25,000 McDonald's restaurants There are more than 30,000 McDonald's restaurants in 119 countries. Restaurants The first McDonald's was not a restaurant at all, but it was a sit-in stand. The company's early franchises were built to a standard pattern that did not offer seating; this was in part to prevent in 119 countries. The Bowser report originally initiated coverage of Alpha Pro Tech in a recommendation as Company of the Month in its August 2000 newsletter. The Bowser Report, which is celebrating its 25th anniversary, is the only newsletter specifically devoted to stocks trading at $3 a share or less. Alpha Pro Tech is experiencing record sales and earnings. Net income for the third quarter ended Sept. 30, 2000, increased 79.3% to $419,000, or $0.02 per share, compared with $241,000, or $0.01 per share, for the corresponding period a year ago. For the nine months, net income increased 48.1% to $1,173,000, or $0.05 per share, compared with $792,000, or $0.03 per share, for the 1999 period. Sales for the three months increased 5.2% to $5,444,000 from $5,176,000. For the nine-month period sales rose 4.2% to $15,515,000, compared with $14,888,000 for the year-ago period. Alpha Pro Tech, Ltd. develops, manufactures and markets innovative disposable and limited-use protective apparel products for the medical, dental, industrial, clean room and food service markets. 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; Valdosta, Georgia; and Benjamin Hill and Nogales, Mexico. For more information 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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