Press Release

Rubincon Ventures Signs Letter of Intent to Acquire Leading Defense Contractor

July 18, 2006 -- Rubincon Ventures, Inc. (OTCBB: RBCV) is pleased to announce that it has entered into a non-binding Letter of Intent to acquire National Hybrid Inc. and its subsidiary, Pace Technology Inc. (jointly, the "Companies"). Both National Hybrid and Pace Technology are leading suppliers of critical components to the U.S. defense sector, including Raytheon, Lockheed Martin, Northrop Grumman and the U.S. Department of Defense. Additionally, National Hybrid is in the process of completing a leading Micro-Electro-Mechanical Systems ("MEMS") production facility which will house state-of-the-art research and development capabilities to develop various nanotechnology products and services. Upon completion, it is anticipated that the facility will be one of the most modern MEMS micro-fabrication plants in North America. 

Rubincon Ventures Merger Partner API Electronics Announces Acquisition of Keytronics Inc.

May 15, 2006 -- BELLINGHAM, WA--(MARKET WIRE)--May 15, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News), and its previously announced partner in a soon-to-be completedmerger, API Electronics Group Corp. (OTC BB:AEGCF.OB - News), today announced that it has completed the acquisition of Keytronics Inc., a manufacturer of a wide variety of power transformers, reactors, magnetic amplifiers, power supplies and converters, numerous special purpose electronic assemblies including capacitor modules and medical electronics. The acquisition of Keytronics will be complementary to API Nanotronics, the merged company of API and Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News). 

Rubincon Ventures and API Electronics Group Sign Definitive Merger Agreement

BELLINGHAM, WA--(MARKET WIRE)--May 8, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News), and API Electronics Group Corp. (OTC BB:AEGCF.OB - News), today announced the signing of a definitive agreement to merge in an all-stock transaction that was previously announced on March 27th, 2006. The closing of the transactionis subject to approval by shareholders of each company, regulatory approvals and other customary closing conditions.

Rubincon Ventures Updates Merger Plans With API Electronics Group

BELLINGHAM, WA--(MARKET WIRE)--May 2, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News) (the "Company") is pleased to announce today that the planned merger with API Electronics Group Corp. (OTC BB:AEGCF.OB - News) ("API"), as previously announced on March 27th, continues towards completion.
Rubincon Management also notes that API recently released news announcing record financial results for its fiscal third quarter and nine months ended February 28, 2006. The quarterly filing has been submitted to the SEC and a complete transcript of API Electronic Group Corp's press release is available at the company website;


Rubincon Ventures and API Electronics Group Announce Merger Agreement

BELLINGHAM, WA--(MARKET WIRE)--Mar 27, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News), and API Electronics Group Corp. (OTC BB:AEGCF.OB - News), today announced that they have signed a Letter of Intent to enter into a merger agreement. The agreement between the two companies provides that shareholders of API Electronics are to receive ten (10) shares of Rubincon Ventures for every one (1) share of API. It is further proposed that the new entity created by this merger will be known as API Nanotronics Corp. ("the Company") as this name best exemplifies the business of the combined companies.

Rubincon Ventures Inc. Adds Strategic Advisor

BELLINGHAM, WA--(MARKET WIRE)--Mar 10, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News) today announced the addition of Professor Martin Moskovits to its advisory team. Professor Moskovits will be assisting the company to identify new business opportunities, potential acquisitions, possible technical licenses and new investment opportunities.

Safe Harbor for Forward-Looking Statements:

Rubincon Ventures Inc. Secures Private Placement

BELLINGHAM, WA--(MARKET WIRE)--Mar 7, 2006 -- Rubincon Ventures, Inc. (OTC BB:RBCV.OB - News) is pleased to announce it has entered into Subscription Agreementsfor sales of securities, with two investors, relating to the issuance and sale in a private placement. Pursuant to the Subscription Agreements, the Company agreed to issue 5,000,000 shares of common stock at a price of $1.00 per share. The Company received gross proceeds of $5,000,000 into trust, with the release of such proceeds subject to certain conditions. The conditions were met as of February 15, 2006 ("Closing"), and the Company will receive $5,000,000 in gross proceeds.

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