Action Products Names New Board Member
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/27/11 -- 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.
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Datum: 27.07.2011 - 14:43 Uhr
Sprache: Deutsch
News-ID 38331
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