Investor News

API Nanotronics Announces Record December Orders of $2.6 Million

January 9, 2008 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced record orders totaling over $2.6 million for the month of December 2007. 

New orders were very strong across the Company's product categories and more than 150% higher than the previous year's monthly total of $976,000. The new orders include over $1.1 million at the Company's Filtran division, 100% higher than December 2006. Filtran excels in designing and manufacturing specialty magnetic products incorporating the most up-to-date engineering designs for the world's leading communications companies. 

API Nanotronics Receives Order From Major U.S. Defense Contractor: Total Potential Value of Contract Could Exceed $3.8 Million

December 11, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, announced today that its TM Systems division received a contract extension from a long standing defense customer. The contract includes an option for a 10th Stabilized Glide Slope Indicator (SGSI) and Vertical Reference System (VRS) and options for delivery of up to 4 additional systems. The total potential value of the contract exceeds $3.8 million. 

API Nanotronics Announces Five-for-One Stock Split

November 1, 2007 -- API Nanotronics, Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced that its Board of Directors has approved a five-for-one stock split of the Company's common stock. The split will be effected in the form of a common stock dividend. Each stockholder of record at the close of business on November 12, 2007 will receive four additional shares for every outstanding share held on that date. The additional shares of common stock will be distributed on November 19, 2007. 

About API Nanotronics Corp. 

API Nanotronics Reports on Annual Shareholders' Meeting

October 22, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, held its annual meeting of shareholders Friday, October 19, 2007, in Toronto, Canada. 

Following the formal portion of the meeting, Chairman and Chief Executive Officer Phillip DeZwirek addressed the Company's progress and recent milestones. In fiscal 2007, API delivered record annual revenue of $20.5 million, an increase of 31% over fiscal 2006. Subsequent to year-end, API acquired the assets of NanoOpto Corp., a pioneer in optical nanotechnology, and commenced operations at its state-of-the-art nanofabrication facility. 

API Nanotronics Reports Record First Quarter Revenues: Revenue Increased 78% With Continued Strong Backlog of Over $16 Million

NEW YORK, NY-- October 15, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced first quarter operating results for the period ended August 31, 2007. 

Financial Highlights for the First Quarter 2008 

-- Net revenue for the first quarter of fiscal 2008 was $7,099,642, a 78% increase over fiscal 2007 first quarter revenue of $3,982,343. Revenue in 2008 includes the contribution from the National Hybrid Group acquired by the Company on January 24, 2007;
-- Gross profit increased over 100% to $1,993,539 in the first quarter of fiscal 2008 compared to $909,635 in the first quarter of fiscal 2007;

API Nanotronics Announces Record Fourth Quarter 2007 and Annual Results

August 22, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and Nanotechnology expertise to the defense and communications sectors, today announced record annual revenues and positive cash contributions from operations for the fiscal year 2007;

Financial Highlights for Fiscal 2007

-- Record revenues of $20,532,010 compared to $15,634,093 in 2006, an increase of 31%;
-- Net loss for the year was ($953,503) or ($0.02) per share compared with profits of $716,598 in the previous year. This loss includes non-cash charges of over $2.4 million for items related to depreciation and stock based compensation;
-- Net Cash provided by operations was $639,957 compared to $539,270 for the previous year;

API Nanotronics Acquires All the Assets of NanoOpto Corp.

July 23, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense and communications sectors, is pleased to announce that it has acquired all of the assets of NanoOpto Corp., a nanotechnology pioneer specializing in processes for next-generation optical components. 

API Nanotronics Announces Record Month in New Orders

June 7, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the global defense and communications sectors, announced today approximately $3.5 million in new orders for May 2007, which is a record for the Company. 

Total new orders for the month of May equaled $3,497,996. In addition, API's backlog as of May 31, 2007 stood at $16,492,586, another record for the company. Order strength was evident across the Company's divisions and highlighted by $1.49 million from Filtran, a supplier of key components to the communications industry. 

API Nanotronics Announces $2.3 Million in New Orders

May 14, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense and communications sectors, announced today over $2 million in new orders to start the month of May. 

The new orders totaled $2,322,732 and are highlighted by orders for $1,438,780 at API's Filtran division. Filtran supplies a variety of highly specialized transformers, inductors, and filters used in secure military and government radio communication systems. 

API Nanotronics Reports Third Quarter Financial Results: Company Reports Highest Quarterly Revenues in Its History and Record Backlog of Over $16 Million

April 17, 2007 -- NEW YORK, API Nanotronics, Corp. (OTCBB: APIO) ("API" or the "Company"), a leading supplier of electronic components to the defense and communications sectors, today announced third quarter operating results for the period ended February 28, 2007. 

Quarterly Financial Highlights: 

-- Net sales of $4,643,203, a 40% increase over third quarter 2006 revenues of $3,309,703;
-- Gross profit increased $325,000 or 42% from $775,819 to $1,100,701;
-- Net loss for the quarter was $189,708 compared to $45,557 for the same period in 2006;
-- Strong balance sheet with over $8.5 million in cash and marketable securities.

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