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ACTION PRODUCTS INTERNATIONAL REPORTS RECORD SALES AND INCREASED PROFITS FOR SECOND QUARTER

 ACTION PRODUCTS INTERNATIONAL REPORTS RECORD SALES
 AND INCREASED PROFITS FOR SECOND QUARTER
 OCALA, Fla., July 14 /PRNewswire/ -- Judith Kaplan, chairperson and CEO of Action Products International, Inc. (NASDAQ: APII), announced a record high sales quarter in Action Products' 15-year history:
 ACTION PRODUCTS INTERNATIONAL, INC.
 THREE MONTHS ENDED JUNE 30 1992 1991 Pct. Gain
 Sales $1,599,023 $1,314,322 +21.66
 Income before taxes $ 80,226 $ 54,266 +47.84
 Net Income $ 69,226 $ 54,266 +27.57
 Net Income per share $ .07 $ .08
 Weighted Average Number of
 Shares 998,717 683,400
 SIX MONTHS ENDED JUNE 30 1992 1991 Pct. Gain
 Sales $2,721,678 $2,349,200 +15.86
 Income before taxes $ 106,841 $ 71,006 +50.47
 Net Income $ 91,841 $ 71,006 +29.34
 Net Income per share $ .09 $ .10
 Weighted Average Number of
 Shares 967,841 683,200
 "With a sales increase of 21.66 percent this quarter vs. 1991 second quarter, following a strong first quarter, we are right on target to meeting our sales goals for 1992, making 1992 a record breaking year," stated Kaplan.
 During the second quarter, Action Products launched 14 new products from their Adventure Foods(TM) division. The AmTex Custom division opened two new offices, one in Atlanta, and an affiliated office in Raleigh, N.C. Action Products added several large corporate accounts including R.J. Reynolds, Campbell Soup, Goodmark (Penrose Ham & Slim Jims), Blockbuster and MCA Records.
 In June, Action Products granted an exclusive distribution agreement to Buxton and King of England to market its products in England and France. Currently, Action Products exports to 20 different countries. "These factors along with a more focused Action Team has lead to record breaking sales months, and we expect to continue to produce record sales and earnings," stated Kaplan.
 Action Products International, Inc. is a manufacturer and importer of space, dinosaur, aviation and science gift items specializing in the museum and corporate specialty market and the manufacturer of all natural Space Adventure(TM) and Nature Adventure(TM) Ice Cream and other foods.
 -0- 7/14/92
 /CONTACT: Elissa Kaplan of Action Products International, 904-687-2202/
 (APII) CO: Action Products International, Inc. ST: Florida IN: PUB FOD SU: ERN


AW-JB -- FL007 -- 9085 07/14/92 12:11 EDT
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Publication:PR Newswire
Date:Jul 14, 1992
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