Press Release

API Nanotronics Introduces New Line of Proprietary UV Polarizers

October 24, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced the introduction of a new line of proprietary UV polarizers. 

API Nanotronics Reports on Annual Shareholders' Meeting

October 22, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, held its annual meeting of shareholders Friday, October 19, 2007, in Toronto, Canada. 

Following the formal portion of the meeting, Chairman and Chief Executive Officer Phillip DeZwirek addressed the Company's progress and recent milestones. In fiscal 2007, API delivered record annual revenue of $20.5 million, an increase of 31% over fiscal 2006. Subsequent to year-end, API acquired the assets of NanoOpto Corp., a pioneer in optical nanotechnology, and commenced operations at its state-of-the-art nanofabrication facility. 

API Nanotronics Reports Record First Quarter Revenues: Revenue Increased 78% With Continued Strong Backlog of Over $16 Million

NEW YORK, NY-- October 15, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced first quarter operating results for the period ended August 31, 2007. 

Financial Highlights for the First Quarter 2008 

-- Net revenue for the first quarter of fiscal 2008 was $7,099,642, a 78% increase over fiscal 2007 first quarter revenue of $3,982,343. Revenue in 2008 includes the contribution from the National Hybrid Group acquired by the Company on January 24, 2007;
-- Gross profit increased over 100% to $1,993,539 in the first quarter of fiscal 2008 compared to $909,635 in the first quarter of fiscal 2007;

API Nanotronics Chief Technology Officer Chairs Session on Frontiers of Nanotechnology in Japan

October 11, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company') is pleased to announce that its Chief Technology Officer, Dr. Martin Moskovits, was recently invited by the Honorable Koji Omi, Minister of Finance for Japan, and Founder and Chairman of the Science and Technology Forum, to chair the discussion session on "New Frontiers of Science and Technology, Nanotechnology," in Kyoto, Japan on October 7th - 9th. The discussion session featured eminent panelists from Japan, Germany, United Kingdom, Switzerland and the United States. The STS forum attracted several hundred international attendees this year. 

API Nanotronics Commences Operations at Newly Acquired Nanotechnology Facility

August 28, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development for the defense and communications sectors, today announced commencement of operations at its new nanotechnology clean room facility in New Jersey. 

API acquired all of the research and fabrication facilities and intellectual property of NanoOpto Corp. in July 2007. API has now hired substantially all of the former NanoOpto engineers and technicians and has begun manufacturing nano-optical products based on nano-gratings and atomic layer deposition (ALD), the hallmark of NanoOpto's advanced nanotechnologies. The new division operates under the name API Nanofab Corporation and is located in Somerset, New Jersey. 

API Nanotronics Announces Record Fourth Quarter 2007 and Annual Results

August 22, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and Nanotechnology expertise to the defense and communications sectors, today announced record annual revenues and positive cash contributions from operations for the fiscal year 2007;

Financial Highlights for Fiscal 2007

-- Record revenues of $20,532,010 compared to $15,634,093 in 2006, an increase of 31%;
-- Net loss for the year was ($953,503) or ($0.02) per share compared with profits of $716,598 in the previous year. This loss includes non-cash charges of over $2.4 million for items related to depreciation and stock based compensation;
-- Net Cash provided by operations was $639,957 compared to $539,270 for the previous year;

API Nanotronics Acquires All the Assets of NanoOpto Corp.

July 23, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense and communications sectors, is pleased to announce that it has acquired all of the assets of NanoOpto Corp., a nanotechnology pioneer specializing in processes for next-generation optical components. 

API Nanotronics Announces Record Month in New Orders

June 7, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the global defense and communications sectors, announced today approximately $3.5 million in new orders for May 2007, which is a record for the Company. 

Total new orders for the month of May equaled $3,497,996. In addition, API's backlog as of May 31, 2007 stood at $16,492,586, another record for the company. Order strength was evident across the Company's divisions and highlighted by $1.49 million from Filtran, a supplier of key components to the communications industry. 

API Nanotronics to Present at NanoEquity Europe Conference

May 29, 2007 -- API Nanotronics, Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense, aerospace and communications sectors, announced today that it will be presenting at the 3rd Annual NanoEquity Europe Conference on June 11th and 12th, 2007 in Frankfurt, Germany. 

API Nanotronics Chief Technology Officer and leading global nanoscientist, Dr. Martin Moskovits, will provide an update on the Company's businesses and the impact of nanotechnology on the markets it serves, including the future directions for the Company's product development including plans for product improvements based on micro-electromechanical systems (MEMS) technologies, the addition of novel fabrication capabilities and new R&D efforts through nanotechnology. 

API Nanotronics Announces $2.3 Million in New Orders

May 14, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense and communications sectors, announced today over $2 million in new orders to start the month of May. 

The new orders totaled $2,322,732 and are highlighted by orders for $1,438,780 at API's Filtran division. Filtran supplies a variety of highly specialized transformers, inductors, and filters used in secure military and government radio communication systems. 

Syndicate content