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ACTION PRODUCTS INTERNATIONAL TO REDEEM WARRANTS

 ACTION PRODUCTS INTERNATIONAL TO REDEEM WARRANTS
 OCALA, Fla., Jan. 31 /PRNewswire/ -- Judith Kaplan, chair of


Action Products International, Inc. (NASDAQ: APII), manufacturer of All Natural Adventure freeze dried foods and supplier to museum, zoo and NASA gift shops, announced today that the board has approved of the calling in for redemption, the warrants that are exercisable at $3.00.
 The $3.00 warrants were scheduled to expire on Sept. 30, 1992. However, there are less than 500,000 warrants outstanding and the board felt that in light of the company's strong financial position, that it was in the best interest of the company for the warrants to be called. The trading symbol is APIIW. The warrants are traded on the NASDAQ system. This will not effect the terms of the company's "A" and "B" warrants that were issued to stockholders of record on Jan. 10, 1992.
 Warrant holders have the right to exercise their warrant to purchase one common share per warrant at a price of $3.00 per common share. Written notice of the call for redemption will be sent to warrant holders of record on Feb. 3, 1992. The last day that warrant holders shall have the right to exercise or redeem the common stock purchase warrant will be March 6, 1992. Warrants may not be exercised or redeemed after March 6, 1992.
 -0- 1/31/92
 /CONTACT: Warren Kaplan of Action Products International, 904-687-2202/
 (APII) CO: Action Products International, Inc. ST: Florida IN: FOD SU:


AW-AK -- FL010 -- 5684 01/31/92 14:30 EST
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Publication:PR Newswire
Date:Jan 31, 1992
Words:257
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