Acme United Corporation Announces Licensing Agreement

Business Wire, Oct 19, 2007

FAIRFIELD, Conn. -- Acme United Corporation (AMEX:ACU) today announced entering into a licensing agreement with Old Harbor Outfitters (OHO). OHO, a manufacturer of innovative fishing clothing and gear will license Acme United's patented Titanium Bonded[TM] technology for use in fishing tools. OHO Titanium Bonded(TM) tools are three times harder than stainless steel and are designed with a long list of features essential to saltwater fishing, including a corrosion resistant blade, a precision serrated edge and a comfort, non-slip grip.

Old Harbor Outfitters' will introduce their premium line of Titanium Bonded[TM] tools in January by releasing a range of first-to-market, marine grade fishing knives, shears, snips and wire cutters. "Acme United has delivered Titanium Bonded[TM] tools to the industrial market for the past 5 years and the technology has revolutionized the segment. We feel confidant that the superior and unique qualities of our patent technology will do the same for the marine segment," said Acme United's Marketing Director, Rick Constantine.

ACME UNITED CORPORATION is an innovative supplier of cutting devices, measuring instruments, and safety products for school, home, office, industrial and hardware use. Its leading brands include Westcott[R], Clauss[R], and PhysiciansCare [R].

Forward-looking statements in this report, including without limitation, statements related to the Company's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including without limitation the following: (i) the Company's plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company's plans and results of operations will be affected by the Company's ability to manage its growth, and (iii) other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission.