Bond Laboratories, Inc. announced its expansion into the Republic of Singapore.

Bond Laboratories, Inc. announced financial results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue growth and positive net income. Revenue for the three months ended March 31, 2013 was $6.1 million as compared to $5.0 million for the comparable period last year, an increase of 22.3%. Net income for the three months ended March 31, 2013 was $0.6 million as compared to $0.7 million for the comparable period in 2012. Adjusted net income for the quarter ended March 31, 2013 increased 28.4% to $0.9 million from $0.7 million for the comparable quarter ended March 31, 2012. The increase in adjusted net income, while partially offset by higher selling and marketing costs principally related to ongoing international expansion efforts, was driven by both increased sales volume and improved gross margin.

Bond Laboratories, Inc. announced that the company has once again improved the terms of its existing line of credit with U.S. Bank. The new agreement increases the company's borrowing capacity by 50%, from $2,000,000 to $3,000,000 and further reduces the effective rate of interest on the credit line.