Marlborough, MA — September 19, 2016 — API Technologies Corp. ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave and security solutions, today announced that it will be exhibiting at Medical Device & Manufacturing (MD&M), in booth #1933. MD&M is the industry forum for cutting-edge technologies in prototyping, manufacturing equipment, medical packaging, contract manufacturing, medical-grade materials, and specialty components. The show will take place September 21-22 at the Minneapolis Convention Center in Minneapolis, MN.
On display will be a wide variety of the Company’s portfolio of products designed to meet the needs and high reliability requirements of the medical marketplace.
Showcase for Commerce is a nationally renowned business and industry trade show and defense contracting exhibition.
This one event provides access to over 100 multi-national, national and regional exhibitors with opportunities to connect with government aquisition leaders, federal elected officials, major defense corporateion and sub contractors and strategic business partners.
ORLANDO, Fla. – February 29, 2016 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced a definitive agreement providing for the Company to be acquired by an affiliate of private equity firm J. F. Lehman & Company (“JFLCO”), which specializes in the aerospace, maritime and defense industries.
Under the terms of the agreement, a newly formed affiliate of JFLCO will acquire all of the outstanding shares of API Technologies common stock for $2.00 per share in cash in a merger transaction. The cash consideration represents a premium of approximately 98% to API’s closing share price on February 26, 2016 and a 74% premium to its weighted average trading price over the trailing 30 days. The transaction is expected to close in the second fiscal quarter of 2016.
EDS is the premier annual event for the main players in the international electronics industry. Every year, the manufacturers of electronic components, instruments and accessories, as well as distributors and manufacturer's representatives, come together to meet, make contacts and build their businesses. Suppliers of industry goods and services also are on hand to market their products.
One of API EMS's core values is Commitment To Excellence which includes a continuous investment in modern processes, tools, and training to provide our customers with defect-free assemblies that are delivered on-time with the best customer service in the industry. API EMS utilizes the equipment below to assemble, inspect and test PCBs, PCB sub-assemblies, and complete box builds:
MPM AccuFlex Stencil Printers
MPM Momentum Stencil Printers
Juki P-Max2 Large-Format Stencil Printers
Koh Young KY8030-3 In-line Solder Paste Inspection Stations
Panasonic CM402A High Speed & Flexible Placement Systems with Tray Towers
Panasonic CM402C High Speed & Flexible Placement Systems with Tray Towers
In addition to new product manufacturing, API EMS can rework existing PCBs (printed circuit boards) and assemblies. This work is handled by our Prototype Department with the same attention to detail and quality processes that they bring to API EMS Prototype services.
API EMS's Prototype Department is organized as an autonomous group comprised of individual work cells with highly skilled people that:
are ISO 9001:2008 certified
are IPC-A-610D Class II (production) and Class III (high reliability) certified
are IPC J-STD-001 certified
adhere to UL and IPC Workmanship standards
Rework/Repair Services at a Glance
Accurate Removal and Replacement of Components Including BGAs
API EMS's Test Engineering department supports the manufacturing inspection, verification and/or certification process through the design and implementation of test procedures and tools that are customized to unique project requirements. Our Test Engineering department is staffed with experienced electrical engineers and technicians who excel at working with customers to develop methodologies and design fixtures that:
Foster a Continuous Improvement Environment
Reduce Overall Manufacturing Costs
Improve Production Yields
Identify Failures Early
Support Root Cause Analysis
Assist Engineering With DFT (Design For Test) Analysis
Test Engineering Services at a Glance
We offer a comprehensive portfolio of test engineering services to reduce costs and insure the highest project quality for you:
Conformal coating will protect your final assembly from environmental conditions such as moisture, dust, and extreme temperatures (hot or cold) that may cause damage to the printed circuit board. API EMS can accurately encapsulate all or part your assembly using polyurethane or acrylic-based materials in conformance to IPC, UL and Military specifications.
API EMS can completely pot and seal your electronic assembly with our fully automated equipment. This will provide superior protection of your project in the harshest of environments including:
RoHS stands for Restriction of Hazardous Substances. It is a directive that became European law in 2003 in an attempt to prevent hazardous materials from entering landfill sites. This directive (EU Directive 2002/95/EC) places a restriction on the use of certain hazardous substances in electrical or electronic equipment sold or used in the European Union (EU) after July 1, 2006 with some exemptions. These substances are lead, mercury, cadmium, hexavalent chromium, polybrominated biphenyls, and polybrominated diphenyl ethers. Covered electrical and electronic equipment includes:
API EMS took a pro-active approach to support this initiative by implementing a strategy to help our customers cope with the many changes brought on by RoHS and similar global directives. You can rely on API EMS to help you comply through the manufacturing of lead free assemblies or converting your legacy designs to lead free ones.