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APCU Apple

99.042
0.00 (0.00%)
09:11:06 - Realtime Data
Name Symbol Market Type
Apple TG:APCU Tradegate Bond
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 99.042 99.21 99.216 0 09:11:06

APC Group, Inc. Revenues Increased 66% and Gross Profits Increased 83% for the Six Months Ended May 31, 2009

27/08/2009 2:45pm

PR Newswire (US)


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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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