Press Release

API Technologies Acquires the Assets of RTI Electronics Inc.: Complements API’s Passive Components Product Lines

ORLANDO, FL – (PRNewswire) – March 19, 2012 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that it has completed the acquisition of substantially all of the assets of RTI Electronics (“RTI”) for a total purchase price of $2.3 million in cash.

Based in Anaheim, California, RTI is a leading manufacturer of passive electronic components, including thermistors, film capacitors, magnetic transformers and inductors, and audio power conditioning units. RTI had revenues in 2011 of approximately $4 million from a diverse Fortune 500 customer base spanning the audio, defense, aerospace, and industrial markets.

Automatic Gain Control Amps Join Spectrum Microwave Line of High Performance Designs from API Technologies

ORLANDO, FL — March 16, 2012 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today a new line of customizable automatic gain control (AGC) amplifiers from its Spectrum Microwave family of products. They feature a ruggedized design, automatic output control and high RF input damage protection.

API Technologies Receives $3.9 Million Order to Provide Engineered Solutions for High-Reliability Radar Systems

ORLANDO, FL– (PRNewswire) – March 12, 2012 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that is has received a new $3.9 million order to provide engineered solutions for mission-critical radar systems to a leading defense customer.

“Defense industry leaders consistently look to API as a partner of choice, particularly when it comes to adding value to proven legacy platforms,” said Bel Lazar, President and Chief Operating Officer of API Technologies. “We look forward to supplying high performance radar systems and continuing a nearly decade-long relationship with a well-respected industry innovator.”

About API Technologies Corp.

API Technologies Announces $1.5 Million Order from Global Power Products Manufacturer

ORLANDO, FL – (PRNewswire) – March 8, 2012 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that is has received a new $1.5 million order by a global power products manufacturer to provide contract electronic manufacturing services. These services include the manufacture of circuit card assemblies for power supply products.

“Our extensive EMS capabilities and certified facilities in the United States and offshore offer the flexibility to manufacture a diverse portfolio of high-reliability products for both commercial and defense customers,” said Bel Lazar, President and Chief Operating Officer of API Technologies, “We are particularly pleased when customers see us as an extension of their engineering organizations, looking to API to manufacture mission-critical products of exceptional quality.“

API Technologies to Present at the 24th Annual Roth Capital Conference in California on March 13, 2012

ORLANDO, FL – (PRNewswire) – March 5, 2012 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that Bel Lazar, President and Chief Operating Officer, will be presenting at the 24th Annual Roth Capital Conference on March 13, 2012 at the Ritz-Carlton in Laguna Niguel, CA at 3:00 p.m. Pacific Time.

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

About API Technologies Corp.

API Technologies Announces New $1.1 Million Order for Specialty Connectors

ORLANDO, FL – (PRNewswire) – February 28, 2012 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that is has received a new $1.1 million order for its specialty connector line of products. These connectors will be used in multiple configurations of military radios by a leading defense contractor.

“The reliability of military communications equipment cannot be understated,” said Bel Lazar, President and Chief Operating Officer of API Technologies. “Defense contractors continue to come to API again and again for API’s highly reliable components, and we are pleased to expand our relationship with this leading global defense company to our nation’s armed forces.”

About API Technologies Corp.

Cryptek™ TEMPEST 7975 VoIP Phone Now Shipping

ORLANDO, FL — February 27, 2012 — API Technologies Corp. (NASDAQ:ATNY), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today it is now shipping the Cryptek™ TEMPEST 7975 VoIP Phone. This highly secure version of the Cisco® 7975 Unified IP Phone meets NSTISSAM 1-92, Level 1 and NATO SDIP-27, Level A standards all in a slim-line, user-friendly design.

“The Cryptek TEMPEST 7975 is a sleek, touch-screen TEMPEST IP phone that looks and feels like any other office phone. This goes against the traditional view that TEMPEST phones need to be significantly more bulky than their OEM counterparts in order to prevent the interception of electromagnetic radiation,” said Rick Mahar, VP & General Manager, Secure Systems and Information Assurance (SSIA) Division, API Technologies.

Hawki™ Aiming Device for Explosive Ordnance Disposal a Finalist at the CTSS Awards

ORLANDO, FL and GLOUCESTER, England — February 21, 2012 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today that its Hawki™ Video Aiming Device was named a Finalist in the Improvised Explosive Disposal Devices (IEDD) Category at the CTSS Awards 2012. The CTSS Awards Gala takes place during the Counter Terror Expo 2012 on April 25th in London.

“We are excited to be nominated alongside organizations such as Northrop Grumman, FLIR, and Land Rover – as well as many other companies who are helping keep our world safe with advanced counter terrorism technologies,” said Bel Lazar, President and Chief Operating Office, API Technologies.

New 1.0 GHz to 18.0 GHz Diplexer/Bias-T when RF Modulation or DC Injection is a Must

ORLANDO, FL — February 16, 2012 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today the availability of its new CMD837, 1.0 GHz to 18.0 GHz highpass / lowpass diplexer, Bias-T from its CMT Filters product group. The CMD837, 1.0 GHz to 18.0 GHz Bias-T, is an ideal solution when RF modulation or DC injection is essential.

New Centralized Vendor Control System for IT and Voice Administration Now Available

ORLANDO, FL— February 9, 2012 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today the availability of its newest release of the ION™ PRIISMS Secure Administrative Gateway. PRIISMS (Proactive Remote Integrated Intelligent Secure Management Solution) is the central control system for managing ION Secure Appliances, which allow the enterprise to securely control vendor access to the network while increasing vendor accountability.

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