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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; www.apielectronics.com.

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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.

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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.