American Locker Group Inc. (ALGI.PK)

American Locker Group Incorporated primarily sells lockers in North America and internationally. Its product line includes coin, key-only, and electronically controlled checking lockers and related locks. The company sells its key controlled checking lockers to the recreation industry, bookstores, military posts, law enforcement agencies, libraries, and for export. The company offers the electronically controlled lockers for use as secure storage in the business environment. It sells and leases the electronically controlled, coin operated lockers for use in the recreation industry and other uses. American Locker Group offers the plastic and aluminum centralized mail and parcel distribution lockers directly to end users, and to distributors and resellers for use in centralized mail and parcel delivery in new housing and industrial developments, inside postal lobbies, and apartment buildings. The company was founded in 1898 and is headquartered in Jamestown, New York.

For the nine months ended 30 September 2005, American Locker Group Incorporated's revenue decreased 35% to $24.8M. Net loss totaled $6.6M vs. an income of $2.9M. Revenue reflects the reduced volume of plastic postal products sold after the termination of Company's CBU contract. Net loss also reflects assets impairment expenses and restructuring expenses. The Company is engaged primarily in sale and rental of lockers.