SmallCapNewsRelease:(OTC: APII) Acquires a Company in a $38 Billion Market
JERICHO, NY—(SmallCapNewsRelease)—January 4, 2012, Action Products International, Inc. (OTC: APII) announced today that they have entered into a binding agreement with Core Wafer Systems, a company that offers proprietary software and hardware used in testing and data mining of hard drives, memory, magnetics and other semiconductor and nanotechnology based components.
Core Wafer Systems is an integrated partner with Agilent Technologies (NYSE: A), one of the worlds premiere measurement companies. Core Wafer Systems roster of clients include Seagate Technology (NASDAQ: STX), Western Digital (NYSE: WDC), Applied Materials (NASDAQ: AMAT), TSMC (NYSE: TSM), Winbond (TPE: 2344), Texas Instruments (NASDAQ: TXN), Fujitsu (OTC: FJTSY), Intel Corp (NASDAQ: INTC), and ON Semiconductor (NASDAQ: ONNN).
Action Products expects Core Wafer Systems to generate more than $14 million in sales during 2012.
To view the entire press release, please visit http://finance.yahoo.com/news/Action-Products-International-prnews-2011828157.html?x=0
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