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To: Bucky Katt who wrote (333)3/9/2004 12:03:45 PM
From: D_I_R_T  Respond to of 1338
 
APII

Tuesday March 9, 10:44 am ET

ORLANDO, Fla. (Dow Jones)--Action Products International Inc. (NasdaqSC:APII - News) agreed in principle to buy substantially all of the assets of a specialty toy company for cash.
Additional terms, including the identity of the company, aren't being disclosed yet due to a confidentiality agreement.

In a press release Tuesday, Action Products said the purchase of the "well recognized, award-winning" toy company would increase 2004 revenue by $3 million and also add to earnings.

In 2003, Action Products, a maker of educational toys, posted sales of $8.2 million and a loss of $523,600, or 16 cents a share.

The acquisition is expected to be completed on or before April 27, the company said.

Company Web site: apii.com

price up to 4.15



To: Bucky Katt who wrote (333)3/10/2004 10:48:40 AM
From: KonKilo  Respond to of 1338
 
UAX changed to USUR and is selling at a premium.eom