Press Release

API Technologies to Exhibit at European Microwave Week in Paris, France September 8-10: Featuring standard components and subsystems for radar, electronic warfare and commercial wireless applications

Orlando, FL – August 11, 2015– API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF, microwave, millimeter wave, and power solutions, announced today it will present its full line of RF/Microwave products at European Microwave Week (EuMW) at Le Palais de Congrès, Paris, September 8-10, 2015, at Stand #152.

Rick Graham, Vice President and General Manager, RF, Microwave & Microelectronics US (RF2M-US), API Technologies, said, “With an increased emphasis on innovation and partnership with engineering communities across the globe, European Microwave Week is an ideal venue for API to showcase our advances in high-reliability and cost-effective products including custom and standard components, modules, and subsystems, as well as EAR-99 products. We welcome the opportunity to engage with our European customers and demonstrate our extensive expertise in these areas.”  

Featured product solutions include:

API Technologies to Manufacture Blighter® A400 Series Anti-UAV Air Security Radar

ORLANDO, Fla. and GREAT YARMOUTH, UK – (PR Newswire) – August 5, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave solutions, has extended its long running manufacturing partnership with Blighter Surveillance Systems (www.blighter.com), an electronic-scanning radar and sensor solution provider, with the announcement that it is to partner on the production of Blighter’s latest radar, the Blighter® A400 Series.

API Technologies Adds EMI/EMC Two Line, Two Stage Power Filters to Product Offering: Products ideal for use in medical devices, industrial equipment and gaming applications

 API Technologies Two Line, Two Stage Power FiltersORLANDO, Fla. – August 4, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, and power solutions , today announced the expansion of its EMI/EMC power filter family to include two line, two stage power filters for use in ground-current-sensitive applications.

The API power filters feature a rated voltage of 250(50/60Hz) making them well-suited for medical, industrial, and gaming systems that requires very high noise attenuation. The products are also an ideal choice for use in test and measurement instrumentation.

API Technologies Reports Results for the Fiscal Second Quarter Ended May 31, 2015

ORLANDO, Fla.– (PR Newswire) – July 7, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced results for the fiscal second quarter ended May 31, 2015.

Results for the Quarter Ended May 31, 2015

API Technologies reported fiscal second quarter revenue of $52.3 million. For the fiscal second quarter of 2015, GAAP gross margin as a percentage of sales was 21.0%; non-GAAP gross margin was 22.2%.

The Company posted a net loss of $4.3 million for the fiscal second quarter. Adjusted EBITDA for the fiscal second quarter of 2015 was $3.9 million, or 7.4% of revenue.

Results for the Six Months Ended May 31, 2015

API Technologies Names New Vice President of Continuous Improvement: Newly Created Role to Drive Cost Efficiencies, Delivery Excellence and Process Improvements Across Worldwide Organization

ORLANDO, Fla.– (PR Newswire) – June 30, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that Domingo Isasi has been named to the newly created role of Vice President of Continuous Improvement for API Technologies, effective June 29, 2015. In this new position, Mr. Isasi will report to API Technologies’ President and CEO and lead worldwide continuous improvement efforts related to delivery, quality, and reliability excellence, as well as drive cost-efficiency initiatives.

API Technologies Announces Second Quarter Earnings Call

ORLANDO, Fla.– (PR Newswire) – June 24, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that it would issue its earnings release for the fiscal second quarter ended May 31, 2015 after the market closes on July 7, 2015, followed by a 4:45 p.m. Eastern Time call to review the Company’s results. Robert Tavares, President and Chief Executive Officer, and Claudio Mannarino, Senior Vice President and Chief Financial Officer, will host the call.

The call will be available by dialing 1-877-317-6789 or 1-412-317-6789 and accessible by webcast at http://www.apitech.com/investor-relations. Recorded replays of the webcast will be available on the Company’s Investor Relations App, for 30 days on the Company’s website, and by telephone at 1-877-344-7529 or 1-412-317-0088, replay passcode #10068068, beginning 6 p.m. Eastern Time on July 7, 2015.

API Technologies Hires New Vice President of Worldwide Sales: Strategic Sales Executive with Successful Track Record in High Performance Electronics for Defense and Commercial Customers

ORLANDO, Fla.– (PR Newswire) – June 11, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions today announced that Don Barnas has been named the Company’s new Vice President Worldwide Sales, effective June 8, 2015. In this role, Mr. Barnas will lead the Company’s worldwide sales, customer service, and field engineering teams to drive customer adoption of API’s full range of subsystem, module, and component products.

API Technologies Completes Acquisition of Inmet and Weinschel

ORLANDO, Fla.– (PR Newswire) – June 8, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions today announced the successful completion of its acquisitions of Aeroflex / Inmet, Inc. (“Inmet”) and Aeroflex / Weinschel, Inc. (“Weinschel”) from Cobham plc (LON:COB) for a total purchase price of $80.0 million.

Combined, Inmet and Weinschel generated revenue of $51.4 million and EBITDA margins over 20% for the year ended December 31, 2014. The closing of the acquisition of Inmet and Weinschel adds breadth to API’s RF, microwave, and microelectronics product portfolio, extends the Company’s subsystems offering, and furthers API’s reach in key end markets, including defense, space, commercial aviation, and wireless.

API Technologies’ ION Networks™ to Highlight Solutions for Secure Remote Vendor Access at the International Avaya® Users Group

General Manager Henry Gold to Present on Panel Discussing Ways Avaya Users can Optimize, Improve, and Ensure Voice Operations

ORLANDO, FL  –   June 8, 2015 – API Technologies Corp. (NASDAQ:ATNY),  a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, will showcase its ION Networks™ line of purpose-built products for secure remote device management to allow third-party vendor access at the International Avaya User Group (IAUG™) CONVERGE2015, June 14-18 at the Colorado Convention Center in Denver, Colorado.

Henry Gold, General Manager of the ION Networks business group will also present on the panel titled “Optimize, Improve, Ensure: Solutions to Run your Operations more Effectively,” during the user group breakout session on Tuesday, June 16.

Intelligent Power Distribution Units from API Technologies to Meet NFPA 79 Category-0 Emergency Stop with Addition of Remote Control Panel

ORLANDO, Fla. – June 2, 2015 –API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF, microwave, millimeterwave, and power solutions, now offers its AC SMARTStart® units  with a Remote Control Panel (RCP) to support safety requirements such as the NFPA 79 Category-0 Emergency Stop. NFPA 79 is a set of electrical standards for industrial machinery published by the National Fire Protection Association.

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