Press Release

API Technologies Receives $1 Million Military Aerospace Transceiver Order

RONKONKOMA, NY - (PRNewswire) – October 19, 2010 - API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, announced that it has received a new $1 million order for its National Hybrid™ MIL-STD-1553 transceivers. The order will be used by a Fortune 50 company in its line of military avionics equipment and will be manufactured in the Company’s Pennsylvania facility.

About API Technologies Corp.

API Technologies Reports Record First Quarter Results: Revenues of $29.1 million, Adjusted EBITDA of $2.9 million and Net Income of $0.8 million

RONKONKOMA, NY - (PRNewswire) – October 14, 2010 - API Technologies Corp. (OTCBB:ATNY), a provider of highly engineered products and services to the global defense sector, today announced first quarter financial results for the period ending August 31, 2010.

Financial Highlights for the First Quarter Ended August 31, 2010

API Technologies Receives $1.7 Million Order from Raytheon Space and Airborne Systems

RONKONKOMA, NY - (PRNewswire) - October 13, 2010 - API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, announces that it has received a new, $1.7 million order from Raytheon Space and Airborne Systems (SAS) of El Segundo, California.  API will supply Raytheon SAS with engineering services and assemblies for the radar system incorporated within the Bell-Boeing V-22 Osprey aircraft. The order will be will be designed and manufactured in the Company’s Pennsylvania facility.

API Technologies Awarded $22 Million Contract from the U.S. Army

RONKONKOMA, NY - (PRNewswire) - October 5, 2010 - API Technologies Corp. (OTCBB:ATNY), a provider of highly engineered products and services to the global defense sector, has been awarded a long term contract from the U.S. Army to develop and supply the Night Vision Electronic Systems Test Set. The five-year indefinite delivery, indefinite quantity (IDIQ) contract has a ceiling value of $22 million and an additional one-year option.

Steve Pudles, CEO of API Defense USA, said, “API has earned a reputation for engineering excellence in system design, development and production. These core competencies were critical in our Company winning this competitive award. We look forward to working with the Army to deliver the Night Vision Electronic Systems Test Set product and to continuing our focus on being a key supplier to both government and global defense companies.”

About API Technologies Corp.

Raytheon Honors API Technologies with Prestigious Three Star Supplier Excellence Award

RONKONKOMA, NY - (PRNewswire) - September 30, 2010 - API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, today announced that it has been honored as a recipient of the prestigious Three Star Supplier Excellence Award by Raytheon Space and Airborne Systems in recognition of its outstanding performance over the past year. The award was presented at the 4th Annual Raytheon Supplier Excellence Awards held on September 29, 2010 in Dallas, Texas.

API Technologies Receives Over $2.7 Million in New Orders from Fortune 50 Defense Contractor

RONKONKOMA, NY - (PRNewswire) - September 27, 2010 – API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, has received $2.7 million in new orders from a global Fortune 50 Company to provide circuit card systems for products used by U.S. government agencies. The orders will be produced at the Company’s facility in Pennsylvania.

About API Technologies Corp.

API Technologies to Showcase at Europe’s 2010 NATO Information Assurance Symposium

RONKONKOMA, NY - (PRNewswire) - September 23, 2010 -- API Technologies Corp. (OTC Bulletin Board:ATNY), a provider of highly engineered products and services to the global defense sector, will be exhibiting at the 2010 NATO Information Assurance Symposium to be held September 27th through October 1st at Supreme Headquarters Allied Powers Europe (SHAPE) in Casteau (Mons), Belgium. The Symposium brings together representatives from 28 NATO nations and NATO agencies to meet with leading companies in the information assurance space. This year’s theme, “Federation,” focuses on the impact of external partner collaboration on information systems.

API Technologies to Present at the Rodman & Renshaw Annual Global Investment Conference

RONKONKOMA, NY - (PRNewswire) - September 8, 2010 -- API Technologies Corp. (OTC Bulletin Board:ATNY), a provider of highly engineered products and services to the global defense sector, announced today that Jonathan Pollack, Executive Vice President, will be presenting at the Rodman & Renshaw Annual Global Investment Conference. The presentation is scheduled for Tuesday September 14, 2010 at 10:50 am at the New York Palace Hotel in New York City.

The Rodman & Renshaw Annual Global Investment Conference brings together more than 550 public and private international companies and an audience of over 3,500 attendees, which includes institutional investors, private equity firms, venture capitalists and business development executives.  Keynote speakers for this year’s conference include Henry M. Paulson, Jr., former US Secretary of the Treasury, and William Isaac, former Chairman of the Federal Deposit Insurance Corporation (FDIC).

API Technologies Reports Record Fourth Quarter and Twelve Month 2010 Results: Q4 Revenues of $30.1 Million, Adjusted EBITDA of $3.1 Million and Net Income of $0.3 Million

RONKONKOMA, NY – (PR Newswire) – August 10, 2010 — API Technologies Corp. (ATNY.OB) ("API" or the "Company"), a provider of highly engineered products and services to the global defense sector, today announced fourth quarter and fiscal twelve month financial results for the period ending May 31, 2010. The fourth quarter results represent the first full quarter to include the operations of the Kuchera Group of Companies following the date of acquisition on January 20, 2010.

Financial Highlights for the Fourth Quarter Ended May 31, 2010

API Technologies to Present at the 30th Annual Canaccord Genuity Growth Conference

RONKONKOMA, NY – (PRNewswire) - August 9, 2010  – API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, announced today that Jonathan Pollack, Executive Vice President, will be presenting at the 30th Annual Canaccord Genuity Growth Conference in Boston, MA, at the InterContinental Boston Hotel, on Thursday August 12th at 2:30 pm.

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