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Home > Press > Action Products International (APII) Acquires Company in $35 Billion Market

Abstract:
Action Products International, Inc. (PINKSHEETS: APII) announced yesterday that they have acquired Core Wafer Systems, who offers proprietary solutions for testing and data mining of hard drives, memory, magnetics and other advanced semiconductor and nanotechnology devices. Core Wafer boasts clients such as Western Digital (WDC), Seagate Technology (STX), and Intel (INTC).

Action Products International (APII) Acquires Company in $35 Billion Market

New York, NY | Posted on January 10th, 2012

In a Seeking Alpha article outlining semiconductor testing, it states: "Semiconductor test equipment and services are a critical part of this complex design and manufacturing process and are utilized in each of the key design and manufacturing stages." With semiconductor testing and measurements expected to hit almost $40 billion, Core Wafer has positioned itself as an integrated partner with the world's largest measurement company, Agilent Technologies; this position should help them take full advantage of the growing industry.

Core Wafer Systems revenue is expected to exceed $140 million over the next 4 years due to increased demands from Asia and the need for newer, faster testing equipment from their clients.

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Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid Century Market Research twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

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