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KauaiPI

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KauaiPI

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Re: KauaiPI post# 3376

Thursday, 04/24/2003 9:40:12 PM

Thursday, April 24, 2003 9:40:12 PM

Post# of 54376
APT~I always seem to be a day behind the curve lol Besides the current momentum their involvement with the N-95 respirators have caused (see);
(http://biz.yahoo.com/bw/030409/95502_1.html)

Alpha Pro Tech Announces Surge in N-95 Mask Orders in Response To SARS Outbreak Wednesday April 9, 12:31 pm ET

NOGALES, Ariz.--(BUSINESS WIRE)--April 9, 2003--Alpha Pro Tech (AMEX: APT; CHX: APT) $1.5 Million Increase in N-95

o $1.5 Million Increase in N-95 respiratory orders in the Past Seven Business Days

o Production Capacity Substantially Expanded

Alpha Pro Tech (AMEX: APT - News; CHX: APT - News) a leading developer, manufacturer and marketer of disposable protective apparel for the medical, dental, industrial safety, clean room and food service markets, today announced that the demand for its N-95 Particulate Respirator face mask has dramatically increased in response to the recent Severe Acute Respiratory Syndrome (SARS) outbreak. The N-95 Mask is the recommended mask by the Centers for Disease Control and Prevention (CDC).

...snip...

"We have received a $1.5 million increase in orders over our normal volume for the N-95 Mask in the past seven business days due to SARS," stated Al Millar, Alpha Pro Tech's President. "In order to meet current demand, we have increased current production capacity for the N-95. Further, we are currently in the process of building additional proprietary production equipment and converting an existing production line and expect to substantially increase manufacturing capacity."

"There are currently only a few other manufactures of the N-95 and according to recent reports, most of the inventory has been depleted as worldwide demand has soared. The N-95 is certified by NIOSH for protection against TB and will stop particles that are smaller than .1 microns, or one-tenth the size of Anthrax, with a 99.1 percent level of efficiency.


and from the COC site Tim provided;
http://www.cdc.gov/ncidod/sars/respirators.htm

Interim Domestic Guidance on the Use of Respirators to Prevent Transmission of SARS

April 19, 2003, 12:00 PM ET

...Personal protective equipment appropriate for standard, contact, and airborne precautions (e.g., hand hygiene, gown, gloves, and N95 respirators) in addition to eye protection, have been recommended for health-care workers to prevent transmission of SARS in health-care settings
------------------
And regarding the comment about being a day late? I was so busy researching the new SARS play I plan to make tomorrow, I had missed the following (groan!);

http://biz.yahoo.com/bw/030424/245266_1.html

Alpha Pro Tech, Ltd. Announces 10.5% Increase in First Quarter Earnings for 2003 Thursday April 24, 10:02 am ET


NOGALES, Ariz.--(BUSINESS WIRE)--April 24, 2003--Alpha Pro Tech (AMEX:APT - News; CHX:APT - News) a leading manufacturer of disposable protective apparel and consumer products announced its financial results for the first quarter ended March 31, 2003.

Revenues for the three months ended March 31, 2003 increased slightly to $5,244,000 from $5,203,000 in the comparable prior year period. Gross margins for the three months increased 12.4%, to $2,726,000 from $2,425,000 in the comparable prior year period. Gross margin for the first quarter of 2003 was 52.0% as compared to 46.6% for the same quarter of 2002. Net income for the quarter increased 10.5%, to $465,000 from $421,000, while earnings per share remained even at $.02 for both the present quarter and the first quarter of 2002.

The balance sheet continues to remain strong with a current ratio of 4.1:1 as of March 31, 2003. Current assets improved by 5% to $9,644,000 from $9,222,000 as of December 31, 2002. Long-term debt remains low at $370,000 as of March 31, 2003. Shareholders' equity improved to $9,965,000 as of March 31, 2003 from $9,774,000 as of December 31, 2002.

Al Millar, President of Alpha Pro Tech commented, "We are pleased to announce another successful quarter and are encouraged by the profitable results in spite of difficult economic conditions. Sales and marketing efforts continue to focus on growth in the Pharmaceutical Industry, where there are many opportunities to gain market share."

"Since the beginning of April, due to the outbreak of SARS, the Company has had a dramatic increase in N-95 respirator mask orders primarily for Asia, which will have a positive impact on revenue and earnings for the next two quarters of 2003 at a minimum. While it is impossible for us to predict how long this epidemic will last, Hong Kong's secretary of health, welfare and food, Dr. Yeoh Eng-kiong, cautioned at a news conference recently that 'We do not anticipate it (SARS) will be eradicated completely because it is a highly infectious virus."

"With the increase in N-95 mask orders and strong Pharmaceutical orders, management expects the second quarter to show substantial improvements in both revenue and profitability."

"Another growth opportunity we are currently pursuing, in partnership with BIOXUSA (http://www.bioxusa.com), is a line of protective garments, which have been developed and tested, to aid in the Homeland Defense Initiative," Mr. Millar went on to say.

About Alpha Pro Tech, Ltd.

Alpha Pro Tech, Ltd. develops, manufactures and markets innovative disposable and limited-use protective apparel products for the medical, dental, industrial, clean room and food service markets. The Company has manufacturing facilities in Salt Lake City, Utah; Nogales, Arizona; Janesville, Wisconsin; Valdosta, Georgia; and Benjamin Hill, Mexico. For more information visit Alpha Pro Tech's Website at http://www.alphaprotech.com.

Source: Alpha Pro Tech

best!
kp

"When you look at things differently,

things look different"
--Wayne Dyer--


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