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API Technologies’ Philadelphia Facility Achieves AS9100 Rev C Certification


ORLANDO, Fla.– (PR Newswire) – October 21, 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 its RF/Microwave facility in Philadelphia, Pennsylvania has achieved AS9100 Rev C Certification.

Based on the International Organization for Standardization (ISO) management systems standard, AS9100 is an internationally recognized standard for the aerospace and defense industry. AS9100 certification involves a third-party verification process that includes a detailed review of the Company's quality processes and documentation.

This marks API Technologies’ eleventh operation to achieve the AS9100 designation.

New API Technologies RF/Microwave Engineering Online Design Tool Now Available

Orlando, FL – October 16,  2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/Microwave, power and security solutions for high-reliability applications, today announced the launch of a new product configuration tool that helps engineers modify standard API Technologies’ RF/Microwave products to meet their unique design parameters. The web accessible and mobile-friendly tool is available at http://micro.apitech.com/configure.

API Technologies Introduces Night Vision Device Test Set

Compact device supports mission safety and success in the field of operation

Orlando, FL  – September 30, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for high-reliability applications, now offers a Night Vision Device (NVD) test set that helps military personnel determine the quality of function of standard Gen II and Gen III night vision devices. 

Designed to test goggles, weapon sights, and drivers’ viewers, API’s NVD test set (#A3139775 / NSN 6625-01-323-9584 / TS-4348/UV) can be used in the field offering soldiers a “go” or “no-go” response to ensure that GEN II and GEN III night vision devices are working per specifications.

API Technologies to Showcase RF, Microwave and Millimeter Wave Product Solutions at European Microwave Week: New standard and configurable products get international debut at Europe’s largest microwave technology event

Orlando, FL – September 29, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power, and security solutions for high-reliability applications, announced today it will present its full line of RF/Microwave products at European Microwave Week (EuMW) at Fiera de Roma in Rome, Italy, October 7-9, 2014, at Stand #177.

“Engineers throughout Europe turn to API Technologies for RF, microwave, and millimeter wave solutions used in a broad range of commercial, industrial products, and defense applications,” said Kerri Fabin, Vice President of World Wide Sales for API Technologies, “With the release of more standard, configurable, and EAR-99 products, we have significantly broadened API’s reach into the engineering communities of Europe, Asia Pacific, and beyond. We look forward to sharing these expanded solutions at European Microwave Week.”

Featured product solutions include:

API Technologies Reports Results for the Fiscal Third Quarter Ended August 31, 2014: Revenue of $56.9 million, Bookings of $59.7 million, Book-to-Bill of 1.1

ORLANDO, Fla.– (PR Newswire) – September 25, 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 results for the fiscal third quarter ended August 31, 2014.

“I am pleased with our third quarter performance, highlighted by 7 percent quarter-over-quarter revenue growth and our highest Adjusted EBITDA percentage in 8 quarters,” said Bel Lazar, President and Chief Executive Officer of API Technologies, “Our commitment to innovation and product execution has resulted in one of the industry’s leading portfolios of RF/microwave and advanced technology products, which customers continue to embrace.”

Results for the Quarter Ended August 31, 2014

API Technologies reported fiscal third quarter revenue of $56.9 million.

Newest API Technologies Patent Extends RF/Microwave IP for GPS and Asset Tracking Applications

ORLANDO, Fla.– September 19, 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, announced today that it has been awarded a new patent for antenna technology for GPS and asset tracking applications.

U.S. Patent Number 8810474, titled “Antenna with High K Backing Material,” features an API-designed topology designed to boost antenna performance. API’s unique design reduces weight and delivers consistent performance, even when surrounded by a metallic structure, such as the body of a UAV / UAS or missile casing. Given its low-profile, surface mount design, the antenna is easily disguisable and well-suited for covert applications.

API Technologies Introduces Transient Energy Suppressant High Voltage HEMP Filters

ORLANDO, Fla.– September 17, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for high-reliability applications, now offers high voltage HEMP (High-Altitude Electromagnetic Pulse) filters that protect sensitive electronic equipment from potentially destructive energy transients due to line surges, lightning, and electronic pulses.

Designed for use in military and telecommunications applications, these HEMP filters ensure the life and continued performance of critical communication, infrastructure, and defense systems.

API Technologies Announces Third Quarter Earnings Call

ORLANDO, Fla.– (PR Newswire) – September 11, 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 would issue its earnings release for the fiscal third quarter ended August 31, 2014 after the market closes on September 25, 2014, followed by a 4:45 p.m. Eastern Daylight 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 Receives New $3.6 Million Product Order for Commercial Aviation Electronics

ORLANDO, FL– (PR Newswire) – September 3, 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, announced today it has received a new, $3.6 million order for microelectronics modules to be used in a major commercial airplane platform. The orders are scheduled for delivery throughout 2015.

“Growth in the commercial aviation market has fueled new demand for sophisticated, high reliability electronics. Given API’s differentiated product portfolio, technical expertise, and aviation heritage, we have emerged as a key technology partner in the commercial aviation community. This order gives testament to our product quality and ability to meet the most exacting customer requirements,” said Bel Lazar, President and Chief Executive Officer, API Technologies.

About API Technologies Corp.

API Technologies to Present Electromagnetic Spectrum Solutions at 51st Annual Association of Old Crows Symposium

Orlando, FL – August 27, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading edge provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it will present a full range of electromagnetic spectrum solutions at the 51st Annual Association of Old Crows (AOC) International Symposium and Conference in Washington, D.C., October 6-9, 2014, at Booth #1009.

API Technologies Introduces High Reliability Customizable 2-20 GHz Broadband Amplifier: High frequency amplifier line delivers competitive advantage and faster time to market for OEMs

ORLANDO, FL - August 14, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading edge provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, today announced the addition of a new multi-octave broadband amplifier, model BXHF1084, to its growing family of standard and configurable RF/microwave products. With its high frequency capabilities and one of the industry’s smallest footprints, the product offers OEMs competitive advantage and faster time to market.

The model BXHF1084 amplifier provides S, C, X, and Ku band operation in a single amplifier module. Its compact size, laser-welded housing and high gain design (26dB typical) make it ideally suitable for a variety of commercial and military applications, including VSAT, SATCON, point-to-point, multi-point, radar, and communications.

API Technologies Launches New Configurable Frequency Synthesizers: Feature-rich platform expands company’s footprint in communications, industrial, and defense applications

ORLANDO, FL– (PR Newswire) – August 4, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today the launch of configurable frequency synthesizers (Models LCFS-X), the newest addition to the Company’s line of standard RF / microwave products.

Offering superior phase noise performance as low as -92 dBc/Hz at 100 kHz offset, the synthesizers are ideally suited for a variety of applications including SIGINT /electronic warfare (EW), SATCOM, Doppler radar, and telecommunication systems. The compact surface mount packaging and affordable price point make these synthesizers an ideal solution for unmanned systems applications.

API Technologies Wins New $3.0 Million Order for Secure Wireless Communication Systems

ORLANDO, Fla.– (PR Newswire) – August 1, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today the receipt of a $3.0 million order for secure, wireless communication systems from a Fortune 50 company. The Company-manufactured, high-reliability electronic systems will be used in support of U.S. Department of Defense C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) initiatives.

No additional information is available due to the secure nature of this program.

API Technologies Introduces the New EMCON® All-in-One Secure Workstation

Classified and Unclassified Access on One Screen Preserves Information Security, Improves Productivity, and Unclutters Office

OTTAWA, Canada and ORLANDO, FL – July 31, 2014 - API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, today announced the launch of the EMCON® All-in-One Secure Workstation, which facilitates virtual, multi-domain access and presents it in a single user interface. 

The all-in-one hardware solution enables users to easily and securely access resources on classified and unclassified networks without the need for inefficient and costly alternatives, such as redundant hardware and resource-hungry software solutions. 

API Technologies Wins Million Dollar Order for Manufacture of Commercial Satellite Communication Systems

ORLANDO, Fla.– (PR Newswire) – July 25, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it has received a $1 million order for the manufacture of satellite communication systems from a leading commercial wireless network equipment company.

To learn more about API Technologies’ contract manufacturing (CM) and electronic manufacturing services (EMS), please visit http://ems.apitech.com.

API Technologies Wins New $2 Million Order for Next Generation Radar Indicator Solution

ORLANDO, FL– (PR Newswire) – July 24, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it has received a new, $2 million order for its high-reliability, radar warning receiver indicator solution. The solution will be used as part of an Electronic Warfare Management System (EWMS).

No additional information is available due to the secure nature of this program.

About API Technologies Corp.

API Technologies Wins Major Radar Program Order for Naval Requirement

ORLANDO, FL– (PR Newswire) – July 18, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it has received a new order for critical RF/microwave filtering technology and high-reliability electronics for shipboard radar systems. Current fiscal year bookings for the program are expected to exceed $2 million.

The API Technologies-supplied technology is designed to improve radar accuracy and surveillance capabilities.

No additional information is available due to the secure nature of this program.

About API Technologies Corp.

New Snap-On Load Detector from API Technologies Designed for Low Current Sensing Applications


Spectrum Power AC SmartStart PDU, 16 Port

Ideal for Low Cost Energy Management and Automation Control

Orlando, FL– July 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 the LD-50, a magnetic, snap-on load detector for mounting on pre-wired systems that does not disrupt existing connections.  

The LD-50 is a high sensitivity current transformer specifically designed for applications where low current is monitored. A primary winding is supplied to increase sensitivity of the transformer.

API Technologies Reports Results for the Fiscal Second Quarter Ended May 31, 2014

ORLANDO, Fla.– (PR Newswire) – July 9, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, today announced results for the fiscal second quarter ended May 31, 2014.

Results for the Quarter Ended May 31, 2014

API Technologies reported fiscal second quarter revenue of $53.2 million.

For the fiscal second quarter of 2014, GAAP gross margin as a percentage of sales was 19.6%; non-GAAP gross margin was 22.2%.

API Technologies posted a net loss of $15.0 million for the fiscal second quarter, primarily due to the write-off of note discounts and deferred financing charges from debt extinguishment, which were $10.2 million. Adjusted EBITDA for the fiscal second quarter was $4.3 million. Restructuring costs recorded in the three months ended May 31, 2014 were approximately $1.0 million.

API Technologies Wins High Power Amplifier Order for U.S. Department of Defense Maritime Program

ORLANDO, FL– (PR Newswire) – July 3, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it has received a new order to supply high-power amplifier systems as part of a DoD maritime requirement. This initial order is part of a multi-million dollar program with first production delivery set for May 2015.

This order follows API’s announcement of its expanded power amplifier product line made at the IEEE MTT-S International Microwave Symposium last month.

No additional information is available due to the secure nature of this program.