SOURCE: Action Products International Inc.

February 25, 2010 12:55 ET

Action Products Int'l Inc. Files January 2010 Financials

ALTAMONTE SPRINGS, FL--(Marketwire - February 25, 2010) -  Action Products Int'l Inc. (PINKSHEETS: APII) (Altamonte Springs, FL), in accordance with the Company's policy of providing its shareholders with relevant updates, has filed its January 2010 financial data at http://www.pinksheets.com/pink/quote/quote.jsp?symbol=apii. The company is continuing to wind down all of its activities and to seek a merger.

Warren Kaplan, spokesperson, said the company remains focused and that there has been increased interest in APII and we expect to make an announcement before the end of March.

Merger candidates are urged to send all proposals with contact information to TOBYInvestmentGp@aol.com. No telephone calls will be answered.

This document contains certain forward-looking statements concerning Provident, as well as other expectations, plans, goals, objectives, information or statements about future events, conditions, results of operations or performance that may constitute "forward-looking statements" or "forward-looking information" under applicable securities legislation. Such statements or information involve substantial known and unknown risks and uncertainties, certain of which are beyond Action Products Int'l Inc.'s control, including the impact of general economic conditions in Canada and the United States, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, pipeline design and construction, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities.

Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. In addition to other assumptions identified in this news release, assumptions have been made regarding, among other things, commodity prices, operating conditions, capital and other expenditures, and project development activities.

Although Action Products Int'l Inc. believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Provident can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Provident and described in the forward-looking statements or information.

The forward-looking statements or information contained in this news release are made as of the date hereof and Action Products Int'l Inc. undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

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