Press Release

API's National Hybrid Announces Product Design Win for New Commercial Airliner

May 2, 2007 -- NEW YORK, API Nanotronics, Corp. (OTCBB: APIO) ("API") (the "Company") a leading supplier of electronic components to the defense, aerospace and communications sectors, is pleased to announce that its National Hybrid division has secured orders to supply a proprietary hybrid circuit for a new state-of-the-art commercial airliner. 

API's National Hybrid Announces Size Breakthrough for Military Standard-1553 Communications Interface

April 25, 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 its National Hybrid division has introduced the smallest Mil-Std-1553 integrated terminal available. 

As part of the NHI-156XXPBGA family of products, this low-cost terminal is targeted for high-volume defense markets such as GPS-guided vehicles, allowing sophisticated programmed instructions and data to be downloaded from stationary or airborne control centers. A broad range of applications will be pursued by API's sales and marketing team. The highly reliable plastic construction of the product allows it to meet harsh environmental requirements, while remaining cost effective in high-volume markets. 

API Nanotronics Reports Third Quarter Financial Results: Company Reports Highest Quarterly Revenues in Its History and Record Backlog of Over $16 Million

April 17, 2007 -- NEW YORK, API Nanotronics, Corp. (OTCBB: APIO) ("API" or the "Company"), a leading supplier of electronic components to the defense and communications sectors, today announced third quarter operating results for the period ended February 28, 2007. 

Quarterly Financial Highlights: 

-- Net sales of $4,643,203, a 40% increase over third quarter 2006 revenues of $3,309,703;
-- Gross profit increased $325,000 or 42% from $775,819 to $1,100,701;
-- Net loss for the quarter was $189,708 compared to $45,557 for the same period in 2006;
-- Strong balance sheet with over $8.5 million in cash and marketable securities.

API Nanotronics Announces 1.2 Million Dollars in New Orders

March 28, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense and communications sectors, announced today the company has received over $1.2 million in new orders. 

The orders were received during the month of March by API's Filtran Ltd. division for various transformers, inductors and filters for a major manufacturer of military radio communication systems. Filtran's products are used in different HF / VHF / UHF radios, power supplies and accessories for a variety of secure military and government RF communication platforms. 

API Nanotronics Announces $1.2 Million in New Orders

March 20, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API" or the "Company"), a leading supplier of electronic components to the defense and communications sectors, is pleased to announce continued order momentum. The company has recently received over $1.2 million in new orders from a number of top defense contractors. 

The new orders totaled $1,285,000 and are highlighted by an order for $520,000 at API's recently acquired National Hybrid division. The order is from one of the world's largest defense and aerospace companies and is part of a specific program that API believes has the potential to be repeated by other divisions within the defense contractor. 

API Nanotronics Appoints Leading Nanotechnology Expert Dr. Martin Moskovits as Chief Technology Officer

March 5, 2007 -- NEW YORK -- API Nanotronics, Corp. (OTCBB: APIO) ("API" or the "Company") a leading supplier of electronic components to the defense and communications sectors, is pleased to announce the appointment of esteemed nanotechnology pioneer Dr. Martin Moskovits as Chief Technology Officer.

Dr. Moskovits will be responsible for API's overall technological vision and lead the Company's research and development efforts in nanotechnology. One of his first responsibilities will be to oversee the development and opening of the Company's new state-of-the-art Micro-Electro-Mechanical Systems (MEMS) fabrication facility. This facility will position API Nanotronics as a leading provider of the most sophisticated electronic components to the defense industry. 

API Nanotronics Announces $2 Million in New Orders

February 20, 2007 -- API Nanotronics, Corp. (OTCBB: APIO) ("API" or the "Company"), a leading supplier of electronic components to the defense and communications sectors, announced today that it's newest acquisition National Hybrid (NHI) has received over $2 million in new orders. 

The new orders totaled $2,077,398 and are highlighted by an order for $931,250 from a large manufacturer of semiconductor processing equipment. NHI makes a custom hybrid which is used in a wide range of the customers' products. 

API Nanotronics Announces Over $2 Million in New Orders

API Nanotronics Corp. (OTCBB: APIO) ("API" or the "Company"), a leading supplier of electronic components to the defense and communications sectors, announced today that it has received over $2 million in new contracts. 

These contracts include orders for API's Filtran Ltd. subsidiary totaling $600,000 for transformers, inductors and filters used in a variety of military and government radio communication systems and a 2 year blanket award of $1.8 million won by API's Keytronics Inc. subsidiary providing transformers, chokes, inductors, capacitor networks, to a leading defense company. Keytronics has also recently gained approval on 4 qualification items for the "787 Dreamliner Program" at Goodrich Aerospace, and the Airbus project, which is a 12-15 year program. 

API Nanotronics Closes Acquisition of National Hybrid Inc. -- Revenues Expected to Increase 100%

January 29, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company") is pleased to announce the closing of the acquisition of National Hybrid Inc. and its subsidiary PaceTechnology Inc. National Hybrid is a privately held New York-based company specializing in critical components for the US defense sector. API Nanotronics acquired 100% of the shares of National Hybrid for $9.75 million in cash at closing.

Phillip DeZwirek, Chairman and CEO of API, stated, "This acquisition significantly strengthens API's product offerings and enhances our research and manufacturing capabilities as we embark on our next phase of growth in Nanotechnology. The acquisition also doubles API's revenue and further solidifies the company as a key supplier of critical electronic components to the US Department of Defense (DoD) and leading defense contractors."

API Nanotronics Awarded Contracts Exceeding $1.4 Million

January 17, 2007 -- API Nanotronics, Corp. (OTCBB: APIO) ("API") (the "Company") is pleased to announce it has recently been awarded over U.S. $1.4 million in contracts. The contracts include awards from a variety of U.S. Department of Defense (DoD) agencies including the U.S. Army Communications and Electronics Command (CECOM), Defense Supply Center Columbus (DSCC), as well as major defense contractor Curtiss-Wright Controls Inc. 

Under the agreements, API will supply a number of products including light detectors used on the U.S. Army AN/ALQ 144 countermeasure control system, which protects aircraft from air-to-air and ground-to-air heat seeking (infrared) missiles. Additional products include radar signal indicators used on the IP1150A/APR-39 (V) program, which provide aircraft with warning of radar directed air defense threat systems, and post-amplifier control drivers used on the U.S. Army's Forward Looking Infrared (FLIR) system. 
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