Investor News

API Technologies Receives $2.0 Million Contract for Electromagnetic Integrated Solutions for Defense Communications Platform

ORLANDO, FL – (Business Wire) –May 23, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it has been awarded a two-year contract, valued over $2.0 million, to supply custom magnetics solutions to a leading prime contractor, for use on multiple versions of a major defense communications platform.

No additional information is available due to the secure nature of this program.

About API Technologies Corp.

API Technologies Receives $6.2 Million Order for Custom Assemblies for Electronic Defense Systems

ORLANDO, FL – (Business Wire) – May 15, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it has competitively won a $6.2 million order from a leading prime contractor to provide critical electronic assemblies for a major electronic defense platform.

No additional information is available due to the secure nature of this program.

About API Technologies Corp.

API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com.

API Technologies to Present at the 14th Annual B. Riley Investor Conference

ORLANDO, FL – (Business Wire) –May 13, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that Bel Lazar, President and Chief Executive Officer and Phil Rehkemper, EVP and Chief Financial Officer, will present at the B. Riley & Co. 14th Annual Investor Conference, May 20-22, 2013 in Santa Monica, California.

Mr. Lazar and Mr. Rehkemper are scheduled to present Tuesday, May 21, 2013 at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time.

Additional information, including presentation materials and an event webcast, will be available on the Company’s website at http://www.apitech.com/investor-relations.

About API Technologies Corp.

API Technologies Completes Sale of Sensors Business to Measurement Specialties for $51.4 Million

ORLANDO, FL– (Business Wire) – April 17, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced the sale of its Sensors Products business (“Sensors”) to Measurement Specialties, Inc. (NASDAQ:MEAS) (“Measurement Specialties”) in a $51.4 million all-cash transaction. Net cash proceeds from the transaction will be used to pay down debt.

Sensors, which includes thermal, position, and inertial sensor products, accounted for $26.2 million of API Technologies’ revenue in fiscal year 2012.

API Technologies Reports Results for the Fiscal First Quarter Ended February 28, 2013

ORLANDO, FL – (Business Wire) –April 9, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced results for the fiscal first quarter ended February 28, 2013.

API Technologies Awarded $1.1 Million Order for Microwave Filters

ORLANDO, FL– (Business Wire) – April 4, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today it has received a $1.1 million order to provide microwave filters and switched filters to be used in an airborne Electronic Warfare application for a leading global security company.

No additional information is available due to the secure nature of this program.

About API Technologies Corp.
API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com.

API Technologies Announces First Quarter Earnings Conference Call

ORLANDO, FL – April 2, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it will host a conference call to review the Company’s results for the fiscal first quarter ended February 28, 2013 on Wednesday, April 10, at 10:00 a.m. Eastern Time. Bel Lazar, President and Chief Executive Officer, and Phil Rehkemper, Executive Vice President and Chief Financial Officer, will host the call.

The call will be available by dialing 866-605-3852 or 412-317-6789 and accessible by webcast at www.apitech.com. Recorded replays of the webcast will be available for 30 days on the Company’s website and by telephone for 30 days at 877-344-7529, replay passcode #10026550, beginning 2:00 p.m. Eastern Time on April 10, 2013.

About API Technologies Corp.

API Technologies Recognized by Lockheed Martin for Quality and Delivery

ORLANDO, FL – (Business Wire) – March 25, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced its Electronics Integrated Solutions (EIS) team (formerly Spectrum Control) was recognized by Lockheed Martin Aeronautics Company for 100% on time delivery with zero quality defects in 2012. This is the second year in a row the team received this distinction. 

“In 2012, API Technologies successfully delivered their product to us 100% on time with zero quality defects. This doesn’t happen without a workforce dedicated to the highest standards of performance,” said Tom Simmons, Vice President of Supply Chain Management, Lockheed Martin Aeronautics Company.

API Technologies Awarded $1.2 Million Order for Aerospace Microelectronics

ORLANDO, FL– (Business Wire) – March 20, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today that it has received a $1.2 million order to provide  custom microelectronic solutions used in critical communication and control applications for a leading aerospace platform.

No additional information is available at this time. 

About API Technologies Corp.
API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com. 

API Technologies Reports Results for the Fiscal Fourth Quarter Ended November 30, 2012

ORLANDO, FL – (Business Wire) –February 12, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced results for the fiscal fourth quarter and twelve months ended November 30, 2012.  

Record bookings of $76.6 million resulting in a book-to-bill ratio of 1.2 to 1 in the fiscal fourth quarter.

Revenue of $280.8 million for the twelve months ended November 30, 2012, up from $197.6 for the twelve months ended November 30, 2011.

Revenue of $62.7 million for the fiscal fourth quarter compared to $75.1 million in the prior year’s comparable quarter. 

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