Exhibit 99.1

 

Alpha Pro Tech

 

L T D.

 

ALPHA PRO TECH, LTD. ANNOUNCES FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS FOR THE PERIOD ENDED DECEMBER 31, 2009

 

Company Reports Record Revenues and Net Income for the Fourth Quarter and Full Year

 

FOR IMMEDIATE RELEASE

 

Company Contact:

 

Investor Relations Contact:

Alpha Pro Tech, Ltd.

 

Hayden IR

Al Millar/Donna Millar

 

Cameron Donahue

905-479-0654

 

651-653-1854

e-mail: ir@alphaprotech.com

 

e-mail: cameron@haydenir.com

 

·                  Fourth quarter 2009 revenue increased by 107.3% to a record $18.9 million from $9.1 million in the 2008 fourth quarter, led by a 254.3% increase in Infection Control sales, a 124.0% increase in Building Supply sales and a 31.1% increase in Disposable Protective Apparel sales.

·                  Revenue for 2009 increased by 66.8% to a record $59.7 million from $35.8 million in 2008, with record annual revenues for all product segments.

·                  Net income increased 1,098.6% for the three months ended December 31, 2009 to a record $3.5 million, compared to net income of $0.3 million for the three months ended December 31, 2008.

·                  Net income increased 478.1% for 2009 to a record $9.0 million, compared to net income of $1.6 million for 2008.

·                  Inventory increased by $1.0 million, or 8.6%, to $13.1 million as of December 31, 2009 from December 31, 2008.  The increase was primarily due to an increase in inventory for the Infection Control segment as the result of a significant increase in sales, partially offset by a decrease in inventory for the Building Supply segment.

 

Nogales, Arizona — March 9, 2010, Alpha Pro Tech, Ltd. (NYSE Amex: APT),

a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel, and building products, today announced record financial results for the fourth quarter and the full year ended December 31, 2009.

 


The following information was filed by Alpha Pro Tech Ltd (APT) on Tuesday, March 9, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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