NEW YORK, March 27, 2012 /PRNewswire/ -- Action Products International, Inc. (OTC Pink: APII) is pleased to announce that it has submitted notification to FINRA regarding a potential name change and related trading symbol change. Action Products International will announce its new symbol and name once accepted by FINRA.
Action Products International is the parent company of two subsidiaries: Core Wafer Systems, Inc. and North East Expedite Logistics.
Core Wafer Systems, Inc., is a technology leader with a proprietary parallel measurement schema for the evaluation of physical phenomena in semiconductor devices and processes. Their software and hardware is used in the testing and data mining of today's most commonly used hard drives, memory, magnetics, and other advanced semiconductor and nanotechnology-based device components. More information about Core Wafer Systems, the WARp product offering, and its other products are available at http://www.corewafer.com
North East Expedite Logistics (NEEL) provides transportation and logistics services to customers on the East Coast. NEEL has built a solid foundation of relationships within the industry including USPS, Amazon.com, The Washington Post, Newark Star Ledger, and was formerly the preferred trucking company for Circuit City.
"Our market evolution and heightened business focus led us to rebrand the company and seek a new trading symbol that emphasize our technology leadership and focus," commented Gary Polistena, CEO of APII. "These changes accelerate the execution of our strategy, provide stable and predictable growth in market share and renew interest within the investor community."
About Action Products International, Inc.
Action Products International, Inc. (OTC Pink: APII) is the parent company of Core Wafer Systems, Inc., a technology leader with a proprietary parallel measurement schema for evaluation of physical phenomena in semiconductor devices, and North East Expedite Logistics, an East Coast transportation and logistics services company. More information about APII can be found at http://www.apii.com
Please refer all inquiries to [email protected]
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Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.
SOURCE Action Products International, Inc.