Action Products Names New Board Member
July 27 2011 - 10:43AM
Marketwired
Action Products, International, Inc. (PINKSHEETS: APII) today
announced the appointment of Yonghun Kim to the company's board of
directors.
Yonghun Kim is a graduate of West Point and served in the US
Army. He studied classics at the University of Texas in Austin. Mr.
Kim holds leadership in a number of companies including serving as
a partner at Planet Blue E & P, Inc. (an oil and gas
exploration, production, consulting and advisory firm); CEO of
Power Profit Investment, Ltd. (a start up investment/consulting and
natural resources trading firm) and President Asia of Newdea, Inc.
(a software company serving and connecting major private banks,
foundations and NPOs in philanthropy). He also serves as a board
member of Newdea, as well as a board member of EDC, a stored value
card company in the US; RediFone, a VOIP company with operations in
the US and South America; and TIP Solutions, Inc., a smart phone
application software company. He is an advisor at BB&R, a
boutique investment banking firm in the US and also to MATIC
(Moroccan American Trade and Investment Corporation). He has held a
number of other consultant and advisory positions throughout his
career, and has been very active in promoting Korean-US relations
during the past decade.
Action Products International, Inc. currently is in various
stages of evaluations with potential acquisitions to leverage its
assets and increase shareholder value through the acquisition of
small-to-mid-sized businesses that bring unique products and/or
services to the marketplace.
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 U.S. Securities &
Exchange Commission. The company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of information, future events or otherwise.