-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QvnT7iHqE5ZtpIkYojTpgVuRJz/5b3V50q8da20JpaAG/wnoqh5nOa0XumfrGPcD EvrKMJmORwiNF2L8Tckkaw== 0001193125-06-176804.txt : 20060821 0001193125-06-176804.hdr.sgml : 20060821 20060821142024 ACCESSION NUMBER: 0001193125-06-176804 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060817 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060821 DATE AS OF CHANGE: 20060821 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACTION PRODUCTS INTERNATIONAL INC CENTRAL INDEX KEY: 0000747435 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 592095427 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13118 FILM NUMBER: 061045801 BUSINESS ADDRESS: STREET 1: 1101 NORTH KELLER RD CITY: ORLANDO STATE: FL ZIP: 32810 BUSINESS PHONE: 4074818007 MAIL ADDRESS: STREET 1: 1101 NORTH KELLER RD CITY: ORLANDO STATE: FL ZIP: 32810 FORMER COMPANY: FORMER CONFORMED NAME: ACTION PACKETS INC DATE OF NAME CHANGE: 19880818 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


FORM 8-K

 


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 17, 2006

 


Action Products International, Inc.

(Exact name of registrant as specified in its charter)

 


 

Florida   001-13118   59-2095427
(State of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)

1101 N. Keller Road, Suite E

Orlando, Florida 32810

(Address of principal executive office, including zip code)

(407) 481-8007

(Telephone number, including area code)

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On August 17, 2006, the Board of Directors of Action Products International, Inc. appointed Dr. Barry Render as a member of the Board effective August 17, 2006. Dr. Render was also named to serve on the Audit and Nomination Committees.

Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired: None

(b) Pro Forma Financial Information: None

(c) Exhibits:

 

Exhibit No.  

Description

99.1   Press release, dated August 18, 2006, issued by Action Products International, Inc.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

ACTION PRODUCTS INTERNATIONAL, INC.
By:  

/s/ JOHN R. OLIVER

 

John R. Oliver

Chief Financial Officer

  Date: August 21, 2006
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

Press Release

Action Products Board Elects New Director

ORLANDO, FL –August 18, 2006–Action Products International, Inc. (NASDAQ-CM: APII), a leading toy designer and manufacturer of educational and positive, non-violent branded toys for pre-school children through pre-teens, announces, at a meeting of the Board of Directors held on August 17, 2006, that the Board unanimously elected Dr. Barry Render to the Board. Dr. Render was also named to serve on the Company’s Audit Committee. The Company now has three outside directors and one inside director and again meets the NASDAQ’s Audit Committee Composition Rule 4350(d)(2)(A).

Dr Render is the Harwood Professor of Operations Management at Rollins College, Winter Park, Florida. As holder of the first endowed chair at Rollins’ Crummer Graduate School of Business, Dr. Render has authored over 100 articles and 10 college textbooks, including the widely adopted Operations Management (currently in 8th edition.) and Quantitative Analysis for Management (9th edition.). He has taught at George Washington University, George Mason University, Boston University, and the University of New Orleans, and was Senior Fulbright Scholar in the Kingdom of Nepal in 1982 and 1993. At George Mason, he held the Foundation Professorship and was chairman of the Department of Decision Sciences. He was named an AACSB Fellow in 1978 and has worked in the aerospace industry for McDonnell Douglas, G.E., and NASA. In 1996, Dr. Render was selected by Roosevelt University to receive the St. Clair Drake Award for Outstanding Scholarship. His consulting clients have included the U.S. Navy, Fairfax County (VA), FBI, and NASA. Dr. Render is frequently quoted in the Orlando Sentinel on a variety of business topics, including the defense industry. Rollins MBA students voted him the top teacher at the college for his Operations Management course last year.

Nominating committee chairperson, Ann E. Stone, of Alexandria, VA, commented “we are pleased to welcome Professor Render to our Board. This is a highly qualified appointment and we look forward to continuing progress on behalf of our shareholders.”

Dr. Render added, “I am excited and honored to be selected to join Action’s Board. This company has had a strong history and will have an even stronger future. Ron Kaplan, CEO and chairman, has put together a plan that will increase the firms’ sales significantly, and I hope to make a contribution to that success.”

About Action Products International, Inc.

Action Products International, Inc. (APII) based in Orlando, Florida, is a toy manufacturer, emphasizing educational and positive play brands, including JAY JAY THE JET PLANE Wooden Adventure System, the I DIG® series, Space Voyagers® “The most authentic Space Toys on the Earth,” ToddWorldsoft play toys, Climb@Tronwindow-climbing robots, Curiosity Kits® and IMADETHAT. Its products are marketed and sold to toy stores, specialty retailers, Internet retailers, museums, zoos, theme parks, attractions, catalog companies and education markets in the United States and worldwide.


Visit the Company’s web site at www.apii.com and www.curiositykits.com

Forward-Looking Statements

Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.

 

Contacts:

 
Media Relations:   Beth Swanson (407) 481-8007 x 7273
Investor Relations:   Kelly Black, Premier Funding & Financial Marketing Services (480) 649-8224
 

Email: kblack@premierfundingservice.com

  Heather Kerwin Email: hkerwin@premierfundingservice.com
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