SOURCE: Century Market Research

January 24, 2012 13:14 ET

Action Products (APII) Subsidiary Expects Growth of Over 300% by 2013

Note to Editor: The Following News Coverage Is Being Released by Century Market Research

NEW YORK, NY--(Marketwire - Jan 24, 2012) - Action Products International, Inc. (PINKSHEETS: APII) subsidiary, Core Wafer Systems, has announced the roll-out of the upgrade to their PDQ-WLR product line, which was designed specifically for Agilent Technologies (A) Parametric Testers.

Greg Miller, Marketing Director of Core Wafer and Board Member for Action Products, stated, "TSMC (TSM), Winbond, Texas Instruments (TXN), and Hewlett Packard, along with our many other customers have recognized the value PDQ brings to their testing, and the release of 7.0 continues our commitment to be an industry leader." Mr. Miller continues with, "We received commitments exceeding $3 million in revenue from upgrades in 2012. We expect the adoption to grow and believe we will achieve more than double our current orders. We are further expecting these numbers to increase by over 300% into 2013 as our customer base expands."

Core Wafer Systems, Inc. is a technology leader with a propriety parallel measurement schema for 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.

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