Press Release

CAC/PIV Card Reader Makes Any Printer or Multi Function Device a Secure, Print-on-demand Device

ORLANDO, FL — August 22, 2011 — API Technologies Corp. , a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today that its Netgard™ MFD can now enable multi-function devices (MFD) with secure print release capabilities. The Netgard MFD will be on display at Booth #636 at LandWarNet, August 23-25 in Tampa, FL.

When used with workflow software, the Netgard MFD allows U.S. Department of Defense ("DoD") employees to send any job to their network print server and then print the document on-demand at any printer/MFD connected to the network by swiping a CAC (Common Access Card) in the Netgard reader. The Netgard MFD is currently used by the DoD to make previously non-secure MFDs compliant with Homeland Security Presidential Directive 12 (HSPD-12).

Three New Frequency Ranges Join the API Technologies Line of Tunable Filters

ORLANDO, FL — AUGUST 18, 2011 — API Technologies Corp., a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today three new frequency ranges for its family of API™ Tunable Filters: 30-88 MHz (AP-mini-30-88), 90-200 MHz (AP-mini-90-200), and 200-400 MHz (AP-mini-200-400). These digitally-tuned bandpass filters are ideal for military radio applications and join the previously released 30-90 MHz model (AP-mini-30-90).

"The API line of tunable filters operate over several frequency ranges and are particularly well suited for military radio applications where tuning across a precise frequency is essential," said Jim Fisher, Director of Engineering, Systems and Subsystems Solutions Division, API Technologies. "With a tuning speed of less than ten microseconds and weighing only 60 grams, they can be used as drop-in replacements to competitors’ tunable bandpass filters."

API Technologies to Present at the 7th Annual Jefferies Industrial and A&D Conference

ORLANDO, FL – (PRNewswire) – July 27, 2011 – 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, API Technologies’ President and Chief Operating Officer, will be presenting at the Jefferies 2011 Global Industrial and A&D Conference, on Tuesday, August 9, 2011 at 9:30 a.m. EST, at the Grand Hyatt New York, in New York City.

A live audio webcast of the presentation will be accessible via the API Technologies website. To hear the presentation and view related materials, visit the website at www.apitechnologies.com/investor-relations/events. A replay will be available for ninety days.

About API Technologies Corp.

API Technologies Achieves New AS9100 Rev C Certifications

ORLANDO, FL – (PRNewswire) – July 12, 2011– 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, today announced it has achieved AS9100 Rev C certification, the quality standard for the aerospace and defense industries, for its Windber, PA and Alum Bank, PA locations. These locations mark the Company’s fifth and sixth such facilities to achieve the AS9100 designation.

Bel Lazar, API Technologies’ President and Chief Operating Officer, commented “Achievement of these AS9100 Rev C certifications demonstrates the Company’s ongoing commitment to achieving the highest operational standards through excellence in quality management. This is one of the reasons customers and partners continue to recognize API Technologies as a leading provider of high-quality products and services to the aerospace and defense industries.”

Lightweight TEMPEST Laptop Looks and Feels Like it’s COTS/GOTS. Slim-line Laptop Joins SST™ Line of Products from API Technologies.


ORLANDO, FL and GLOUCESTER, UK — JUNE 28, 2011 — API Technologies Corp., a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today the wide availability of the world’s lightest TEMPEST laptop, part of the Company’s Secure Systems &Technologies (SST™) line of TEMPEST products. The SN9200TF is based on the Getac 9213 Notebook and weighs less than 3 kg (about 6.5 lbs).

"This is the lightest TEMPEST Level A laptop on the market today defying the accepted view that TEMPEST products are heavy and unwieldy,” said Matthew Richards, SST Managing Director. “In fact, the next lightest laptop with a comparable screen weighs in at a whole kilogram (about 2 lbs) more.”

The SN9200TF has a 13.3 inch LED backlit display and boasts a machined aluminum and magnesium alloy case.

API Technologies Completes Debt and Equity Financing

ORLANDO, FL – (PRNewswire) – June 27, 2011 – 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 it has entered into a $170 million secured term loan facility and completed a private placement of approximately $31 million of common stock at a price of $6.50 per share. The term loan and proceeds of the private placement replace the $200 million term loan facility previously entered into by API on June 1, 2011 in connection with the closing of its acquisition of Spectrum Control, Inc.

Morgan Stanley Senior Funding, Inc. served as lead arranger, sole bookrunner and administrative agent for the term loan.

B. Riley & Co., LLC served as placement agent for the private placement.

About API Technologies Corp.

API Technologies to List its Common Stock on NASDAQ

ORLANDO, FL – (PRNewswire) – June 23, 2011 – API Technologies Corp. (OTC Bulletin Board: ATNY.OB) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, will list its common stock on the NASDAQ Capital Market effective June 27th, 2011 under the ticker symbol ATNY.

Bel Lazar, President and Chief Operating Officer, and Jack Freeman, Chief Financial Officer, will ring the opening bell at the NASDAQ MarketSite Studio in New York City on Wednesday June 29th at 9:30 a.m. to celebrate the Company’s listing on the NASDAQ.

About API Technologies Corp.

API Technologies Awarded $2.5 Million Secure Communications Contract in the U.K.

ORLANDO, FL – (PRNewswire) – June 16, 2011 – API Technologies Corp. (OTC Bulletin Board:ATNY.ob - News) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, today announced that it was awarded a contract valued at $2.5 million USD to provide secure communications equipment to a UK Government user for use in static and mobile environments. API's UK subsidiary, Secure Systems & Technologies ("SST") won the order, which will be designed and manufactured in the Company's Gloucester, UK facility.

“Coalition partner collaboration is of vital importance to preserving international security. We are pleased to deliver a secure communications solution in support of this mission,” said Bel Lazar, President and Chief Operating Officer of API Technologies Corp.

About API Technologies Corp.

API Technologies Launches New Product Introduction (NPI) Service for its SenDEC Division

Open House to Include Tour of Fairport, NY Facility and Interactive Demonstration of Prototype Manufacturing Capabilties

ORLANDO, FL -- June 9, 2011 -- API Technologies Corp., a provider of electronic systems, subsystems, RF, and secure systems for defense, aerospace, and commercial applications, announced today the official launch of the SenDEC New Product Introduction (NPI) service. An Open House is scheduled Thursday, June 16th from 2 - 6 p.m., at the new 20,000 sq. ft. SenDEC NPI facility, 71 Perinton Parkway, Fairport, NY. 

API Technologies Completes Acquisition of Spectrum Control

ORLANDO, FL – (PRNewswire) – June 1, 2011 – API Technologies Corp. (OTCBB:ATNY), a provider of electronic systems, subsystems, RF, and secure communications products and services for defense, aerospace, and commercial applications, today announced the successful completion of its acquisition of Spectrum Control, Inc. (Nasdaq:SPEC).

API completed the acquisition through a merger of a wholly-owned subsidiary with and into Spectrum. As a result of the merger, all outstanding shares of Spectrum common stock were converted into the right to receive $20.00 per share in cash, without interest and less any required withholding taxes. API’s payment agent will mail to Spectrum record stockholders materials necessary to exchange Spectrum stock certificates for such payment. As a result of the Merger, Spectrum shares ceased trading on the NASDAQ Global Select Market.

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