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Action Products Int'l Inc. to Delist From NASDAQ

Wed. April 22, 2009; Posted: 05:00 PM
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ORLANDO, FL, Apr 22, 2009 (MARKET WIRE via COMTEX) -- APII | Quote | Chart | News | PowerRating -- NASDAQ has determined to delist Action Products International (NASDAQ: APII | Quote | Chart | News | PowerRating) from the NASDAQ stock market under Listing Rule 5210(d). Additionally, under Rule 5810(b), the company is required to make a public announcement through the news media, which discloses receipt of a letter and the Nasdaq rules upon which the delisting is based. Basically, the company has elected to not pay listing fees. The company has elected not to appeal the NASDAQ decision.

The common stock may trade in the Bulletin Board or Pink sheet market depending on circumstances. The company has been public since 1984.

About Action Products International, Inc.

Action Products International, Inc. ("APII") is a global manufacturer and distributor of brand-focused consumer products with award winning brands in the educational toys and crafts product segment. Headquartered in Orlando, Florida, APII's product line includes action figures, play-sets, activity kits, and premium wooden toys that emphasize educational fun within the themes of arts and crafts, nature, and science. Action Toys Inc products are distributed to and sold by more than two thousand retail stores worldwide. For more information about the Action Toys Inc, please visit our websites at www.apii.com and www.actiontoysinc.com

Safe Harbor Forward-Looking Statements

Statements contained in this release that are not strictly historical are "forward-looking statements." Such forward-looking statements are sometimes identified by words such as "intends," "projects," "anticipates," "believes," "expects" and "hopes." The forward-looking statements are made based on information available as of the date hereof, and APII assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause APII's actual results to differ materially from those in these forward-looking statements. Such risks and uncertainties include but are not limited to demand for APII's products and services, APII's ability to continue to develop markets, general economic conditions, APII's ability to secure additional financing and other factors that may be more fully described in APII's reports to shareholders and periodic filings with the Securities and Exchange Commission.

Contact:
Warren Kaplan
Telephone: 407-660-7204


SOURCE: Action Products International, Inc.

 
For full details for APII click here.

    


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