AHPC Holdings, Inc. Completes Private Placement ITASCA, Ill., Feb. 3 /PRNewswire-FirstCall/ -- AHPC Holdings, Inc. (Nasdaq SmallCap: GLOV), a leading distributor and supplier of disposable gloves and other products to the foodservice, healthcare, retail and industrial markets, today reported that it completed a private placement of 220,000 shares of Series A Senior Convertible Preferred Stock at a price of $2.60 per share. The shares are convertible on a one to one basis into AHPC Holdings, Inc. Common Stock. The Company intends to use the funds for general working capital purposes, to increase its sales and marketing efforts and to enable it to expand its product offerings. AHPC Holdings, Inc., headquartered in Itasca, is a top marketer and manufacturer of disposable medical examination, foodservice and retail gloves. The Company's wholly owned subsidiary, American Health Products Corporation, is a leading supplier of branded and private label disposable gloves to the healthcare, foodservice, retail and industrial markets nationwide. This Press Release contains forward-looking statements, which involve numerous risks and uncertainties, including, but not limited to, the Company's ability to maintain current sales levels at current margins and ability to maintain in place the Company's current line of credit or replace it with an alternate substitute. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission. DATASOURCE: AHPC Holdings, Inc. CONTACT: Alan E. Zeffer, President & Chief Executive Officer, AHPC Holdings, Inc., +1-630.285.9191, or Fax: +1-630.285.9469

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