American Pallet Leasing Approved to Use New Stock Symbol: APLS.

CEDAR RAPIDS, Iowa -- American Pallet Leasing, Inc. (OTCBB: APLS), a vertically integrated manufacturer and logistical supplier of pallets, announced today that the Company's stock will now be listed on the Over the Counter Bulletin Board under the symbol, APLS. Prior to this the Company's stock was traded under the symbol, LYPP, which was its stock symbol before the Company's recent name change. Henceforth, all LYPP Stock will be treated as APLS; therefore, holders of LYPP stock certificates do not need to exchange them for new ones.

APL's Chief Executive Officer, Timothy R. Bumgarner, said that the Company's name reflects precisely the nature of its business, and the change of the trading Symbol to APLS, completes this part of the Company's restructuring. "We are running on a fast track to make American Pallet Leasing the leader in our industry and the past few months have seen many positive developments in our company. Changing our symbol is an exclamation point at the end of a paragraph, but we have a great story yet to write."

About American Pallet Leasing Inc.

APL is a vertically integrated manufacturer and logistical supplier of pallets. The Company is engaged in an acquisition roll-up of strategically located wood pallet manufacturers and saw (lumber) mills. Management's goal is to create a "Closed Loop Distribution System" by transforming the $1.6 billion-per-year pallet business from a commodity industry into a logistics management enterprise that will supply and manage the pallet requirements of manufacturers and distributors. APL currently owns one saw mill and intends to acquire others as an efficient means of sourcing lumber for its wood pallet manufacturing operations. APL also holds patents on proprietary galvanized steel pallets and intends to begin manufacturing them upon receipt of additional capital. So far, all of APL's revenue has come from its sawmill operations, but the Company currently is negotiating management and logistics contracts to supply and manage the customers' complete pallet needs.

Disclosure Statement

The statements contained in this press release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. APL's intends that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, among other things: (1) APL's' expected revenue and earnings growth; and (2) estimates regarding the size of target markets. These statements are qualified by important factors that could cause APL's actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) APL's ability to obtain development financing as and when needed, (2) APL's ability to generate and sustain profitable operations; (3) the market's acceptance of APL's products and services; (4) significant competition from other pallet manufacturers and suppliers, and (5) APL's ability to protect its intellectual property. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties as more fully described in the company's periodic filings with the Securities and Exchange Commission.