APC Group, Inc. Revenues Increased 66% and Gross Profits Increased 83% for the Six Months Ended May 31, 2009
27 August 2009 - 11:45PM
PR Newswire (US)
FAIRBANKS, Alaska, Aug. 27 /PRNewswire-FirstCall/ -- APC Group,
Inc.'s (OTC:APCU) (BULLETIN BOARD: APCU) Revenues increased 66%, to
$104,546.00 for the six months ended May 31st, 2009 compared to
$63,115.00 for the six months ended May 31st, 2008. Gross profit
increased 31,041.00, or 83%, to $68,399.00 for the six months ended
May 31st, 2009, compared to gross profit of $37,358.00 for the six
months ended May 31st, 2008. As reported respectively in its SEC
filings. "I'm happy to report this is the third consecutive Quarter
with revenue increases," said Ken Forster, President and CEO of APC
Group. About APC Group, Inc. APC Group manufactures and distributes
the Arctic Leash(TM) watertight retractable extension cord reel,
the MedReel and a proprietary line of all weather, indoor/outdoor
extension cords under the brand name Arctic Leash(TM) for home and
industrial use. APC Group's flagship products are the
hospital-grade MedReel, used in hospital operating theaters,
patient rooms and medical carts throughout the world; and the
Arctic Leash, used in providing watertight retractable power for
any climate anywhere in the world. APC Group's mission is to be the
undisputed leader in the innovative design, marketing, sales and
distribution of water-tight retractable power cord reels and
proprietary extension cord products and accessories. The company
markets and distributes products through media attention,
conventional advertising, independent sales representatives,
distributors, Web sites, and mass retail department stores and
chains throughout the United States and Canada. Visit APC Group Web
sites:
http://www.medreel.com/http://www.arcticleash.com/http://www.apcgroupinc.com/
Safe Harbor This press release contains or may contain
forward-looking statements such as statements regarding APC Group's
growth and profitability, growth strategy, liquidity and access to
public markets, operating expense reduction, and trends in the
industry in which APC Group operates which could have a material
effect on APC Group's current business model. The news segments may
contain information that may not be current and information that
may have been forward looking at the time and subsequently may not
have come to fruition. The forward-looking statements contained in
this press release and the statements contained in the news
segments are also subject to other risks and uncertainties,
including those more fully described in APC Group's filings with
the SEC. APC assumes no obligation to update these forward-looking
statements or the statements in the news segments to reflect actual
results, changes in risks, uncertainties or assumptions underlying
or affecting such statements, or for prospective events that may
have a retroactive effect. CONTACT: Ken Forster, +1-907-457-2501,
DATASOURCE: APC Group, Inc. CONTACT: Ken Forster, +1-907-457-2501,
Web Site: http://www.apcgroupinc.com/
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