SOURCE: Action Products International, Inc.

Action Products International, Inc.

October 05, 2011 09:15 ET

Action Products International, Inc. Explodes Into the International Market Following Meeting With Bangladesh Foreign Minister, Dr. Dipu Moni

NEW YORK, NY--(Marketwire - Oct 5, 2011) - Action Products International, Inc. (PINKSHEETS: APII) today is announcing that it is beginning global expansion with the country of Bangladesh.

As was announced September 21st, 2011, APII attended meetings with the business delegation accompanying the entourage of the Honorable Prime Minister of Bangladesh and other representatives from US business firms, investment houses and entrepreneurs. Dr. Dipu Moni, who was the Chief Guest, touched on Bangladesh-USA business relations terming the US as the largest trading partner both in terms of trade & commerce as well as investment. She also highlighted Bangladesh's consistent economic growth as recognized by global leading banks and financial institutions like Goldman Sachs, JPMorgan, Moody's and S&P's. The Foreign Minister assured the US businessmen that Bangladesh offers a win-win situation for foreign investors.

The transcript of the meeting is not yet available, but the press release issued by the Bangladesh delegate is located at the Bangladesh Minister of Foreign Affairs web site:

US firms in attendance were each asked to describe their companies. APII discussed products, services and outlined the revenues and potential for job creation within both countries. Bangladesh has the highest population density in the world and can benefit greatly by utilizing cloud Internet services such as those provided by APII. Bangladesh is emerging as a technology and information hotspot, and cloud services are featured in the government's development strategy for the country because in part, cloud services are low-cost, scalable, and permanently state-of-the-art. These cloud services reduce the need for expensive data center footprint within a country with limited space and reduce the overall cost of supporting Bangladesh business growth.

The presentation was well received by the delegation and APII was invited to visit the country of Bangladesh in order to discuss strategic venture and global expansion into the country, which could result in the creation of hundreds of jobs between the two countries. It is expected that the global labor force will increase significantly over the coming years as the creation of additional jobs in South Asia will be equivalent to about 40 percent of that total. APII can capitalize on this growth by providing services and technology to this vast footprint of customers, ultimately leading to a significant increase in revenue from business dealings in Bangladesh and other South Asia countries.

United States and Bangladesh news organizations are beginning to release event recordings and taped interviews from this event. APII will strive to make these interviews available to investors as they become available.

"We're very pleased with the support we've received following the discussion with Bangladesh delegates and are immediately acting upon their offer of assistance with strategic efforts," stated Gary Polistena, CEO of Action Products, "Their assistance should allow Action Products to grow quickly with the creation of numerous jobs between both countries, supporting our various lines of business. One of our advisors was featured in an interview on Bangladesh television during the conference, and was instrumental in a discussion with the foreign minister. We've heard very positive feedback from this interaction. The meetings with Bangladesh officials are a result of hard work within our Board of Directors and I believe they will continue to bring additional revenue opportunities into APII."

About Action Products International, Inc.

Action Products International, Inc. (PINKSHEETS: APII) is seeking to acquire or merge with companies with growth opportunity within the cloud services computing vertical. The company's business model is to bring together companies that deliver technology and services in applications, software, social media and infrastructure as a service.

Safe Harbor Statement

This press release contains forward-looking statements. 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 its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.