Press Release

API Technologies Develops Secure, Mobile Communications Hub with Embedded Encryption

ORLANDO, FL— (BUSINESS WIRE) —November 19, 2012 — 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 the new SST™ Secure Communications Hub (SCH) with integrated encryption. The SB1500ER Secure Communication Hub is a single, integrated device that replaces case-based solutions. It provides both 3G or satellite connectivity and high grade (Type 1 equivalent) IP encryption. The SCH is currently deployed in the UK Government.

API Technologies Again Named to Deloitte’s Technology Fast 500™

ORLANDO, FL – November 14, 2012 – 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 it ranked 201 on Deloitte’s Technology Fast 500™ for 2012, which represents the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America based on revenue.

“We are pleased to once again be recognized by Deloitte in this manner,” said Bel Lazar, President and Chief Executive Officer of API Technologies. “After bringing together several strong businesses over the past year, we remain focused on top line growth and bottom line improvement in the quarters to come.”  

Newly Expanded EMCON® Product Line Features Mobility, Network Security & TEMPEST Offerings: Wider Selection of Secure Solutions Now Available to U.S. Government Agencies and Department of Defense

ORLANDO, FL and OTTAWA, ON – November 9, 2012 – 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 expansion of the EMCON® product line with new offerings spanning enhanced mobility, network security, and emanation control.

API Technologies Debuts Breakthrough Digital Accelerometer with Built-in User-Controlled Analytical Tools

ORLANDO, FL and WASHINGTON DC (Booth #4347) — (Business Wire) — October 22, 2012 — 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 its’ new XL403D Advanced Digital Accelerometer. The patent pending XL403D is the first accelerometer of its kind that supports SCPI-like commands, returns data in engineering units, and works with any standard terminal emulator. It will be showcased for the first time this week at Booth #4347 in Hall C at AUSA 2012 in Washington DC.

API Technologies’ Secure USB Control Hub Now with Remote Administration

ORLANDO, FL  — October 18, 2012 — 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 next generation EMCON® Secure USB Hub featuring secure remote administrative access.   The 4-port USB hub provides organizations easy to use administrative control of USB devices connected to individual workstations.  This helps guard sensitive data by prohibiting the use of unauthorized USB devices.   

The EMCON Secure USB Hub will be showcased at the Association of the United States Army (AUSA) 2012 Annual Meeting & Exposition (Booth 4347) which takes place October 22-24 at the Walter E. Washington Convention Center in Washington DC.

API Technologies Introduces Large Format Printing Security Solution for U.S. Department of Defense and Government Customers

New Netgard™ Multi-Function Devices Common Access Card/Personal Identity Verification Authentication is U.S. Homeland Security compliant; offers time saving features

 

ORLANDO, FL  — October 17, 2012 — 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 will debut its Netgard™ Multi-Function Devices (MFD) Common Access Card/Personal Identity Verification (CAC/PIV) Authentication solution for HP large-format, multifunction printers.  

API Technologies Receives $1.7 Million Order to Provide High Power/Small Signal Amplifiers for Electronic Warfare Systems

ORLANDO, FL– (Business Wire) – October 16, 2012 – 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 has received a new $1.7 million order to provide high power/small signal amplifiers for use in electronic warfare systems. The order was placed by a prime U.S. Department of Defense contractor. Deliveries are expected over the next 12 months with an estimated lifetime revenue potential of $20 million. 

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

About API Technologies Corp.

API Technologies Receives $2.4 Million Order from Prime Defense Contractor for Electronic Solutions for EW Systems

ORLANDO, FL– (Business Wire) – October 15, 2012 – 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 $2.4 million order to provide circuit card assemblies to a leading prime US-based federal contractor for use in a Department of Defense Electronic Warfare program.

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 Adds Two New Features to the Netgard™ MFD CAC and PIV Enablement Device for Multi-Function Printers

Features Easily Enable Secure Scan-to-Home and Secure Print Release Functionality

ORLANDO, FL — October 12, 2012 — 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 the availability of the next generation Netgard™ MFD for CAC / PIV enablement of legacy printers, copiers, and scanners. The latest version adds Scan-to-Home and Secure Print Release functionality to this popular, cost-effective, access/authentication solution.

API Technologies Reports Results for the Fiscal Third Quarter Ended August 31, 2012

Board of Directors Retains Financial Advisor to Evaluate Unsolicited Third-Party Interest and Full Range of Strategic Alternatives

ORLANDO, FL – October 10, 2012 – 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 third quarter ended August 31, 2012.  

Financial results to be reported under three operating segments:  Systems, Subsystems & Components (SSC), Secure Systems & Information Assurance (SSIA), and Electronics Manufacturing Services (EMS). 

Revenue of $68.4 million for the third quarter, compared to $78.9 million in the second quarter and $69.2 million in the quarter ended August 31, 2011.

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