$APII Core Wafer Systems (APII) Releases New Software, Has $3 Million in Upgrade Commitments for 2012
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO CIRCUIT
NEW YORK, NY, Jan 25, 2012 (MARKETWIRE via COMTEX) -- Action Products International, Inc. (PINKSHEETS: APII) announced yesterday that they released version 7.0 of PDQ-WLR, the on-wafer accelerated reliability product designed specifically for Agilent Technologies Parametric Testers (NYSE: A ). Some of the many other users of the Company's PDQ-WLR are Texas Instruments (NYSE: TXN ) and Taiwan Semiconductor Manufacturing (NYSE: TSM ).
The Company has over 800 active licenses and has received over $3 million in orders for 2012, and that number is expected to climb 300% into 2013. Action Products expects Core Wafer to generate more than $14 million during 2012 (pro forma). The company attributes the extraordinary growth to several advantageous factors, including major upgrades like version 7.0, being rolled out to new and existing customers. Core Wafer has developed strategies in response to demands relating to advances in semiconductors, nanotechnology, and magnetics industries.
According to Gartner Research, the top electronic equipment manufacturers accounted for at least 35 percent of semiconductor vendor revenue worldwide, or $105.6 billion -- an increase of $1.8 billion, or 1.8 percent from 2010. With an increase in semiconductor sales, an increase in the need for testing and reliability could follow.
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 IO Circuit 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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As of Saturday, 01-21-2012 23:59, the latest Comtex SmarTrend? Alert, an automated pattern recognition system, indicated an UPTREND on 01-03-2012 for A @ $36.37.
As of Saturday, 01-21-2012 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 09-16-2011 for TSM @ $12.39.
As of Saturday, 01-21-2012 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 01-12-2012 for TXN @ $31.04.
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SUBJECT CODE: Financial Services:Investment Opinion
Business/Finance: General:Investment Opinion
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