Exhibit 99.1

                                      PRESS RELEASE
                                                For further information contact:
                                                Edward F. Ruttenberg
                                                Phone: (412) 422-2377
                                                Fax:      (412) 422-2378
                                                Release No:  2005-08

(BW) (NY-AMERICAN-LOCKER-GROUP) (NASDAQ:ALGIE) STEVEN BREGMAN APPOINTED TO BOARD
OF DIRECTORS OF AMERICAN LOCKER GROUP INCORPORATED

BUSINESS EDITOR

JAMESTOWN, NY- (BUSINESS WIRE) June 10, 2005 American Locker Group Incorporated
announced that it appointed Steven Bregman as a Director of Company. Mr. Bregman
also was appointed to serve as a member of the Audit Committee of the Board of
Directors.

   Mr. Bregman, 46, has served as the President and Chief Operating Officer of
FRMO Corp. (OTC BB: FRMO), an intellectual capital firm, since January 2001. Mr.
Bregman also has served as President of Horizon Asset Management, a registered
investment advisor, from 1994 to the present and was a co-founder of Horizon
Research Group, an independent research firm, in 1995.

Safe Harbor Statement under the Private Securities Litigation Reform Act Of 1995

Except for historical information contained in this press release, the matters
discussed herein which contain forward-looking statements, including without
limitation, statements relating 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 inventory, and (iii) other risks and uncertainties indicated from
time to time in the Company's filings with the Securities and Exchange
Commission.
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