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AMERICAN PACIFIC CORP. FINALIZES HALOTRON DISTRIBUTION AGREEMENT WITH SVENSKA SKUM

 LAS VEGAS, March 2 /PRNewswire/ -- American Pacific Corp. (NASDAQ: APFC) and Svenska Skum AB of Gothenburg, Sweden, today jointly announced that American Pacific and Svenska Skum have completed their negotiations commenced several months ago with the execution of two final Halotron distribution and research agreements. Halotron is a fire-fighting agent developed to replace ozone depleting halons used extensively in fire fighting systems by the military and commercially around the world.
 One of the final agreements establishes Svenska Skum as a distributor of Halotron I and Halotron II, with an emphasis on the Nordic market. This distribution agreement provides that Svenska Skum will purchase Halotron products as inventory for resale in bulk, and as the halon replacement agent in both portable extinguishers and fixed installation systems. The second final agreement provides for the continued joint efforts of both companies to optimize Halotron II as the replacement agent for halon 1301.
 "Svenska Skum is a very reputable and influential member of the fire protection community in Northern Europe," stated Fred D. Gibson Jr., president and chief executive officer of American Pacific. "We are proud to be working with them and are looking forward to a mutually profitable relationship. Skum's acceptance of Halotron products as halon replacements exemplifies American Pacific's efforts to commercialize these products, and represents a major step in the realization of near-term sales."
 Per O.J. Olsson, president of Svenska Skum, said, "Our decision to finalize these agreements followed an extensive review and test program. Our customers are faced with an immediate need for halon replacements. We believe that the Halotron line offers the best solution. We are moving forward aggressively in the development of marketing materials and in the engineering of systems adaptation and new systems design for Halotron products."
 Gibson concluded with the observations, "We are extremely pleased that Svenska Skum's aggressive marketing of Halotron products is beginning. We also believe that our joint development program will produce significant results shortly, thanks in large part to the efforts of Svenska Skum."
 Svenska Skum is a leading European designer and fabricator of fire suppression systems for the maritime and petroleum industries with 60 years of experience. The company develops turnkey systems for companies and contractors around the world, many of which used halon.
 American Pacific's principal business activities consist of the production of chlorate and perchlorate chemicals, including chiefly ammonium perchlorate, the oxidizer utilized in composite solid rocket propellants employed in a large number of space and military systems; the design and manufacture of environmental protection products; and industrial commercial real estate development. The company is also at the forefront of two developing specialty chemical markets: the manufacture of sodium azide, principally used in automotive airbag systems, and the production of Halotron as a replacement for ozone depleting halons in fire extinguishment systems worldwide.
 -0- 3/2/93
 /CONTACT: Scott A. Brooks, director, investor relations of American Pacific, 702-735-2200/
 (APFC)


CO: American Pacific Corp.; Svenska Skum AB ST: Nevada IN: CHM SU: JVN

EH-BP -- LA018 -- 1951 03/02/93 12:28 EST
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Publication:PR Newswire
Date:Mar 2, 1993
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