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ACTION PRODUCTS INTERNATIONAL REPORTS INCREASED SALES AND PROFITS FOR 1992

 ACTION PRODUCTS INTERNATIONAL REPORTS INCREASED
 SALES AND PROFITS FOR 1992
 OCALA, Fla., Feb. 18, 1992 /PRNewswire/ -- Action Products International, Inc. (NASDAQ: APII) is a major manufacturer and importer of space dinosaur, animal and aquarium gift items specializing in the museum and corporate specialty market and the manufacturer of All Natural Adventure Ice Cream and other freeze dried foods.
 Judith Kaplan, chair, announced the following results:
 ACTION PRODUCTS INTERNATIONAL, INC.
 THREE MONTHS DEC. 31, 1991 1990 Pct.
 Net Sales $ 826,999 $ 799,702 + 3.41
 Net Income
 Operations (Loss) $ (65,127) $ (62,078) - 4.91
 Other Income $ 50,000 $ -- + 999.0
 Total Income $ (19,127) $ (62,078) + 69.19
 Weighted Average
 Number of Shares 759,714 682,942 + 11.24
 Per Share $ (.03) $ (.09) + 66.67
 12 MONTHS DEC. 31, 1991 1990 Pct. Gain
 Net Sales $4,324,452 $3,971,232 + 8.89
 Net Income
 Operations (Loss) $ 9,765 $ (84,636) + 111.54
 Other Income $ 135,000 $ -- + 999.9
 Net Income After Tax $ 125,765 $ (84,636) + 248.96
 Weighted Average
 Number of Shares 709,340 686,026 + 3.40
 Per Share $ .18 $ (.12) + 250.00
 "Our client base now exceeds 3,000 accounts. Sales of our freeze dried foods and increases in our screen printing operations provided new sales gains. Our T-shirt designs have been a major factor in our sales gains along with our policy of quick response to our clients orders. We lowered prices and responded quicker to clients requests. We have now posted five quarters of sales gains from the year ago comparable periods. We expect the trend to continue.
 "There is a major improvement in our balance sheet which came as a result of increasing sales, lowering costs, reducing inventory and the exercising of warrants. We improved our infrastructure by investing in capital improvements in spite of the fact that the banks remain too tight. If the economy turns up in 1992, we should have a record year," Ms. Kaplan forecasted.
 -0- 2/18/92
 /CONTACT: Warren Kaplan of Action Products International, 904-687-2202/
 (APII) CO: Action Products International ST: Florida IN: FOD SU: ERN


AK-AW-SS -- FL003 -- 9792 02/18/92 09:34 EST
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Date:Feb 18, 1992
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