Press Release

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.

API Technologies to Spotlight New High Reliability Electronics and Secure Communications at AUSA 2012

ORLANDO, FL  — October 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, announced today that it will showcase its complete breadth of engineering and manufacturing capabilities during the AUSA 2012 Annual Meeting & Exposition. Products and live demonstrations in the areas of RF & Microwave Solutions, Electronic Warfare, Secure Government Communications, Power Distribution Deployments, and Electromagnetic Solutions & Sensors for defense and aerospace will take place at Booth #4347 in Hall C. AUSA takes place October 22-24 at the Walter E. Washington Convention Center in Washington DC.

API Technologies Introduces New Transverse Coupled Resonator Filter for Narrowband IF Filtering

ORLANDO, FL  — September 26, 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 a new transverse coupled resonator filter (TCRF). This new surface acoustic wave (SAW) filter is designed for narrowband intermediate frequency (IF) filtering such as in satellite transponders, directional finders and anti-jam modems. It is capable of fractional bandwidths of 0.04% to 0.1% and currently available from 80 - 1600 MHz.

API Technologies Announces Third Quarter Earnings Conference Call

ORLANDO, FL – (Business Wire) – September 20, 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 will host a conference call to review the Company’s results for the fiscal third quarter ended August 31, 2012 on Thursday, October 11, at 10:00 a.m. Eastern Time. Bel Lazar, President and Chief Executive Officer, and Phil Rehkemper, 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 #10018587, beginning 2:00 p.m. Eastern Time on October 11, 2012.

About API Technologies Corp.

API Technologies Receives $3.4 Million Order to Provide Microwave Products for Next Generation Counterfire Target Acquisition AESA Radar

ORLANDO, FL– (Business Wire) – September 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, today announced that it has received a new $3.4 million order to provide high-reliability receiver protectors for use in mobile, target acquisition Active Electronically Scanned Array (AESA) radar. These next generation radar products will be used to support battlefield countermortar (Firefinder) systems. API Technologies’ RF/Microwave and Microelectronics (RF2M) Division won the contract from a Fortune 100 global defense Original Equipment Manufacturer. Additional follow-on requirements between $3 to $5 million per year are anticipated through 2014.

API Technologies Receives $3.1 Million Order to Provide EMI Filtering Solutions for Major Weapons Platform

ORLANDO, FL – (Business Wire) – September 11, 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 has received a $3.1 million order for critical EMI filtering solutions in support of a major U.S. Department of Defense weapons platform. The order was placed by a repeat customer, a Fortune 100 company.

“It is API’s breadth and depth of knowledge related to electronic systems for missile defense and weapons platforms that enables us to support this strategic defense customer with high-reliability electronics solutions,” said Bel Lazar, President and Chief Executive Officer of API Technologies.

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

About API Technologies Corp.

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