FAIRFIELD, Conn., Oct 04, 2005 (BUSINESS WIRE) -- Acme United Corporation (AMEX:ACU) announced today that its Board of Directors approved a new stock repurchase program of 150,000 common shares.

Walter C. Johnsen, President and CEO, said, "Acme United has continued to perform well. The company reported net sales for the first six months of 2005 of $25.5 million, which represented growth of 22% over last year. Net income increased 34% to $1.96 million or $.52 per share. Business continues to be strong and it is management's belief that the repurchase represents an attractive use of cash for our shareholders."

There were 3,496,333 shares outstanding as of September 30, 2005.

ACME UNITED CORPORATION is a specialized supplier of cutting devices, measuring instruments, and safety products for school, home, industrial and office use.

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.

SOURCE: Acme United Corporation

Acme United Corporation
Paul G. Driscoll, 203-254-6060         
Fax: 203-254-6521