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Action Products International Announces Restructuring

^{Published on 2010-07-02 07:50:47 - Market Wire}
 

LAS VEGAS, NV--(Marketwire - July 2, 2010) - Action Products International, Inc. (PINKSHEETS: [ APII ]), after discontinuing its toy manufacturing business, the Company is restructuring and diversifying its products and services to improve revenues and enhance future growth opportunities.

In 2010, the company's newly appointed Board of Directors are setting into action a plan to diversify the company's business. The initial projects include: software technology; health, fitness, sports and physical medicine; media and entertainment.

"Our goal is to generate substantial revenues in the coming months through innovative strategic partnerships and products," said newly appointed President Raul Martinez. "Upon completion of its restructuring plan, the company plans to petition NASDAQ for re-listing on the stock exchange."

About Action Products International

Action Products International produces media and entertainment programs for worldwide distribution, local, national, and international broadcasting. The company's current and future projects include feature films, reality television and talk shows, and infomercials. The company plans to expedite growth through strategic partnerships, mergers, and acquisitions of companies and projects with a focus on youth and adult viewers. The company also produces ancillary products marketed through its media and entertainment division.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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 future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.