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API Technologies Announces Management Transition: Industry Veteran Robert Tavares Named President and CEO

ORLANDO, FL– (PR Newswire) – March 2, 2015 –API Technologies Corp. (NASDAQ:ATNY) (“API”), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, announced today that Robert Tavares has been named President and Chief Executive Officer effective immediately. Mr. Tavares will also become a member of API’s Board of Directors. Bel Lazar, API’s current President and Chief Executive Officer, is leaving the company.

Brian Kahn, Chairman of the Board, said: “Bob is a seasoned RF/Microwave industry veteran with 30 years of leadership experience in both publicly traded and privately held electronics companies serving defense and commercial markets. Throughout his career, which includes experience at M/A-Com, Tyco Electronics, and most recently as President of Crane Electronics, Bob has demonstrated his ability to grow RF/microwave, microelectronics, and power businesses both organically and through acquisition. I am pleased to welcome Bob to API and look forward to his leadership.”

API Technologies Receives Patent for EOD Robot Aiming Device

ORLANDO, FL – (PR Newswire) – February 24, 2015 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, has been awarded a new patent (U.S. Patent No. 8,960,542) for its aiming device for a bomb disarming disrupter.

The Hawk-i™ Video Aiming Device uses a camera and a rangefinder to automatically assess range to target, then generates crosshairs on a video monitor. Bomb technicians then use this targeting guidance to fire a precise shot, which disarms the explosive. Use of the Hawk-i speeds aiming time and decreases chances of misfire due to human error.

API Technologies’ Quad Transmit Receive Module (QTRM) Offers Stackable Building Block Solution for Electronically Scanned Radar

ORLANDO, Fla. and MILTON KEYNES, UK – (PR Newswire) – February 23, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave solutions, today announced that its Quad Transmit Receive Modules (QTRMs), part of the Company’s Active Antenna Array Unit (AAAU) solution for AESA radar, is now available as a standalone module. API’s QTRMs offer the industry’s first stackable building block solution for E-Scan (electronically scanned) radar.

API Technologies’ E-Scan radar solution is unique in the market place, as it supports a Line Replaceable Unit (LRU) approach to system maintenance. The QTRM units serve as the common module building block. These units can be easily added or swapped, which simplifies system integration, offers first line repair, and significantly reduces total cost of ownership.

API Technologies to Showcase RF, Microwave and Microelectronics Product Solutions at SATELLITE 2015 in Washington DC

ORLANDO, Fla. – February 17, 2015 – API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, and power solutions, announced today it will showcase its RF, microwave, and microelectronics product solutions at the SATELLITE 2015 Exhibition (booth #2126) on March 17-19 at the Walter E. Washington Convention Center in Washington DC. SATELLITE 2015 is a leading satellite communications event, attracting satellite end-users representing the telecommunications, military and government, maritime, and commercial industries.

API Technologies Reports Results for the Fiscal Fourth Quarter Ended November 30, 2014

ORLANDO, Fla.– (PR Newswire) – January 29, 2015 -

  • Q4 revenue of $57.8 million
  • Q4 GAAP Operating Income of $2.2 million; Non-GAAP Operating Income of $3.5 million
  • Q4 cash from operations of $3.3 million
  • FY14 GAAP Operating Income of $4.6 million; Non-GAAP Operating Income of $10.3 million

API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced results for the fiscal fourth quarter ended November 30, 2014.

API Technologies to Showcase Power Solutions for Military and Unmanned Systems at AFCEA West: Power amplifiers and wireless filters from the RF & microwave line also to be on hand

Tactical Power SupplyOrlando, FL – January 26, 2015 – API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeter wave, power, and security solutions, will showcase its full line of power solutions for military, unmanned vehicle, and unmanned maritime systems (UMS) at AFCEA West, February 10-12 at the San Diego Convention Center. API’s display, in booth #1943, will also feature a selection of products from its RF and microwave product line. 

API Technologies Releases New Radiation Hardened Solid State Relays: SPST and SPDT Latching Relays Provide High Reliability Solution for Satellites and Launch Vehicles

Orlando, FL - January 21, 2015 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF, microwave, millimeterwave, and power solutions, has added a family of radiation hardened solid state latching relays, namely the AP10N01L, which is SPST (single pole single throw, normally open), and the AP1AD01BL, which is SPDT (single pole double throw).

With a distinctive latching capability, these solid state relay products feature a wide input actuation voltage range (both set and reset) of 3.3 V to 36 V (compatible with most logic types), while operating voltage ranges between 12 and 36 Volts. The family’s flexible voltage handling capability simplifies overall design and reduces parts count, resulting in overall size and weight reduction and increased reliability.

API Technologies Announces Fourth Quarter Earnings Call

API Technologies Announces Fourth Quarter Earnings Call

ORLANDO, Fla.– (PR Newswire) – January 16, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that it would issue its earnings release for the fiscal fourth quarter ended November 30, 2014 after the market closes on January 29, 2015, followed by a 4:45 p.m. Eastern Standard Time call to review the Company’s results. Bel Lazar, President and Chief Executive Officer, and Claudio Mannarino, Senior Vice President and Chief Financial Officer, will host the call.

API Technologies Wins “Product of the Year” Award from Electronic Products Magazine: Award recognizes the GaN-based 1-kW pulsed power amplifier for excellence in product development

ORLANDO, Fla. – (PR Newswire) – January 7, 2015 – API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, has won Product of the Year honors for its QBS-609 1-kW pulsed power amplifier. The award was given by Electronic Products, a leading trade publication for electronic design engineers.

The Gallium Nitride (GaN) based, solid state QBS-609 is a high performance and cost effective replacement for traveling wave tubes (TWT). The amplifiers' long life, and reduced size and weight offer longer life and improved efficiencies.

API Technologies Receives $7.3 Million Order for C4ISR Products

ORLANDO, Fla.– (PR Newswire) – January 6, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that it has received a new, $7.3 million order to produce electronic products in support of U.S. Department of Defense C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) initiatives. The order was placed by a U.S. Department of Defense prime contractor with deliveries scheduled over the next six months.

About API Technologies Corp.

API Technologies Partners with Young Mind Awards: New program celebrates engineering innovation among high school and middle school students

ORLANDO, Fla. – December 15, 2014 - API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power, and security solutions, is now a wireless vertical market partner of the Advantage Business Media (ABM) ”Young Mind Awards.“ This unique engineering competition challenges middle school, high school, and undergraduate students to design, build, and present an innovative solution that solves a problem utilizing a wireless technology.

Applicants are asked to identify and describe a problem or process in need of improvement, build the product solution, and then demonstrate how it has helped resolve the problem or improve the process.

API Technologies Receives $3 Million Order for Secure Communication Products

ORLANDO, Fla.– (PR Newswire) – December 10, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions, today announced that it has received a new $3 million order from a Fortune 50 company to produce secure communications products that will be used to support a U.S. C4ISR program. This first award is part of a multi-million dollar program with additional awards expected in 2015.

About API Technologies Corp.

API Technologies Releases New Radiation Hardened Voltage Regulator

ORLANDO, Fla. – (PR Newswire) – December 1, 2014 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a leading provider of high performance RF/microwave, power, and security solutions for high-reliability applications, has added to its line of radiation-hardened (rad-hard) power management products the APPREG2, a new linear voltage regulator. The APPREG2 features an enable function, which allows users to power up or power down certain sections of their system electronics, saving power and preserving the internal power chain.

In addition to its distinctive enable function, the APPREG2 rad-hard, positive voltage regulator features excellent temperature stability and a wide input/output voltage differential of 40V. These voltage regulators are offered in both adjustable and fixed output voltage configurations.

Secure Dell Windows 8.1 Tablet Offers Mobile Computing up to Top Secret Level

Secure Venue TabletIntegrated Eclypt® hard drive accredited for Top Secret (UK and Canada), NATO Secret, and FIPS 140-2 data encryption.

API Technologies Receives $1.3 Million Microwave Products Order for Radar Program: Leveraging proprietary Glass Microwave Integrated Circuit (GMIC), products deliver reduced cycle time and improved affordability

ORLANDO, Fla. and LONDON, UK – (PR Newswire) – November 18, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for high-reliability applications, today announced that it has received a follow-on order for $1.3 million to provide microwave modules for latest generation radar. The customer program, anticipated to continue through 2025, is expected to add an additional $20 million in revenue. The product features the use of a proprietary Glass Microwave Integrated Circuit (GMIC) fabrication process, which offers shorter cycle time and affordability compared to traditional MMIC (monolithic microwave integrated circuit)-based solutions.

DC Solid State Power Controller for Switched Power from API Technologies to be used on U.S. Navy’s Autonomous Swarm Boats

Allows Operator to Remotely Power On-board Electronic Devices On and Off

Orlando, FL – November 17, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for high-reliability applications, announced today that its DC SMARTStart® Power Distribution Unit (PDU) for remote, switched and sequenced power will be used on unmanned boats by the United States Navy. Termed as “swarm” boats, these autonomous vessels are currently being tested by the U.S. Office of Naval Research (ONR). 

View the ONR video on the swarm boats here: http://youtu.be/ITTvgkO2Xw4

API Technologies High-performance Cable Assemblies Offers Excellent VSWR of Less Than 1.5:1

Custom Semi-rigid Coaxial Cables Offer Frequencies Ranging from 5 GHz to 50 GHz

Orlando, FL November 17, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for critical and high-reliability applications, now offers high-performance, custom semi-rigid coaxial cable assemblies that have a voltage standing wave ratio (VSWR) of less than 1.5:1 with frequencies ranging from 5 GHz to 50 GHz. 

Using next generation software modeling and 3D printing technology, API Technologies can quickly and cost effectively create custom fixtures to suit customers’ specific requirement.   

API Technologies Named to Deloitte’s 2014 Technology Fast 500™

ORLANDO, Fla.– (PR Newswire) – November 13, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for high-reliability applications, today announced that it has been ranked number 83 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”

API Technologies Offers Filtered Circular Connectors Direct to the European Market: High performance, specialty connectors available with shortened lead time, lower cost

Orlando, FL & London, UK – (PR Newswire) - November 10, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for high-reliability applications, now offers its filtered circular connectors direct to the European market. These custom and specialty filtered connectors, which API has offered to the US market for over 20 years, will now be designed and manufactured in the UK, offering improved product access worldwide.

Ideal for use in commercial and military avionics, missile systems, communications systems as well as navigation and radar systems, these custom high reliability connectors offer superior quality and performance over a wide temperature range of -55°C to 125°C.

Emcon® Introduces New TEMPEST Level 1 Lexmark Colour CX510 Multifunction Printer and Scanner: Secure high resolution colour and PANTONE ® colour matching at fast speeds

ORLANDO, Fla. and OTTAWA — SecureTech 2014, Booth #503 — November 4, 2014 — API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for high-reliability applications, today announced that its Emcon® Emanation Control business group has added a new multifunction device (MFD) to its line-up of TEMPEST high performance printers. This new device, the Emcon TEMPEST Level 1 Lexmark Colour CX510 Multifunction Printer & Scanner, allows government users the secure TEMPEST environment they require with professional colour matching and high resolution graphics.

The Emcon TEMPEST Level 1 Lexmark Colour CX510 will be showcased during SecureTech, Canada’s leading public safety, emergency management, and security product showcase, which runs November 4-5 at the Ottawa Convention Center.