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API Technologies Awards Top Distributors and Reps at EDS 2013

Partners Recognized for Sales Excellence for Company’s Electromagnetic Integrated Solutions Product Line

ORLANDO, Fla. — May 10, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced its annual Electromagnetic Integrated Solutions (EIS) international distributor and sales representative award winners. Awards were presented during EDS 2013 in Las Vegas, Nevada.

TOP DISTRIBUTOR, EIS PRODUCTS

Distributor of the Year honors went to TTI, Inc. Headquartered in Fort Worth, Texas, TTI is a leading, international authorized distributor specialist, offerings a broad line of passive, connector, electromechanical, and discrete components.

TOP SALES REPS, EIS PRODUCTS

API Technologies Expands High Performance Power Amplifier Line -- Includes GaN Based Power Amplifier Technology

ORLANDO, Fla.  — April 17, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, has expanded their Power Amplifier line of products to include the latest in GaN technology driven designs. This expanded line is specially intended for use in electronic warfare, RCIED countermeasures, and national security jammer applications where the use of rugged and highly reliable power amplifier designs is mission critical. The Company’s line of power amplifier products will be on display at the annual IMS Exhibition (Booth #744), June 4-6 in Seattle. 

API Technologies Completes Sale of Sensors Business to Measurement Specialties for $51.4 Million

ORLANDO, FL– (Business Wire) – April 17, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced the sale of its Sensors Products business (“Sensors”) to Measurement Specialties, Inc. (NASDAQ:MEAS) (“Measurement Specialties”) in a $51.4 million all-cash transaction. Net cash proceeds from the transaction will be used to pay down debt.

Sensors, which includes thermal, position, and inertial sensor products, accounted for $26.2 million of API Technologies’ revenue in fiscal year 2012.

WIRELINE® and WIREPAC® Quadrature Couplers Now Available from API Technologies

ORLANDO, FL  — April 11, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today it is now offering design patented WIRELINE® and WIREPAC® quadrature couplers.

WIRELINE and WIREPAC couplers consist of a pair of wire center conductors surrounded by a continuous dielectric insulator and shielded by a drawn or extruded outer jacket. The resultant construction has the physical attributes of semi-rigid coaxial cable, and the electrical performance of a precision Transverse ElectroMagnetic (TEM) mode parallel coupled line coupler.

API Technologies Reports Results for the Fiscal First Quarter Ended February 28, 2013

ORLANDO, FL – (Business Wire) –April 9, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced results for the fiscal first quarter ended February 28, 2013.

The ION™ SA5600-SAL: Avaya® SAL Edition from API Technologies Receives Avaya Services Certification

Supports Plug-and-Play SAL Connectivity for Remote Services Delivery

ORLANDO, FL — April 8, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today the ION™SA5600-SAL: Avaya® SAL Edition is now Avaya Services Certified. The ION SA5600-SAL is a security appliance with an embedded Avaya Secure Access Link (SAL) Gateway that provides IP and secure dial-up connectivity to Avaya and heritage Nortel systems. It allows technicians, service providers, and support services to conduct remote troubleshooting and maintenance of critical systems.

API Technologies Awarded $1.1 Million Order for Microwave Filters

ORLANDO, FL– (Business Wire) – April 4, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today it has received a $1.1 million order to provide microwave filters and switched filters to be used in an airborne Electronic Warfare application for a leading global security company.

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

About API Technologies Corp.
API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com.

API Technologies Announces First Quarter Earnings Conference Call

ORLANDO, FL – April 2, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it will host a conference call to review the Company’s results for the fiscal first quarter ended February 28, 2013 on Wednesday, April 10, at 10:00 a.m. Eastern Time. Bel Lazar, President and Chief Executive Officer, and Phil Rehkemper, Executive Vice President and Chief Financial Officer, will host the call.

The call will be available by dialing 866-605-3852 or 412-317-6789 and accessible by webcast at www.apitech.com. Recorded replays of the webcast will be available for 30 days on the Company’s website and by telephone for 30 days at 877-344-7529, replay passcode #10026550, beginning 2:00 p.m. Eastern Time on April 10, 2013.

About API Technologies Corp.

API Technologies Recognized by Lockheed Martin for Quality and Delivery

ORLANDO, FL – (Business Wire) – March 25, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced its Electronics Integrated Solutions (EIS) team (formerly Spectrum Control) was recognized by Lockheed Martin Aeronautics Company for 100% on time delivery with zero quality defects in 2012. This is the second year in a row the team received this distinction. 

“In 2012, API Technologies successfully delivered their product to us 100% on time with zero quality defects. This doesn’t happen without a workforce dedicated to the highest standards of performance,” said Tom Simmons, Vice President of Supply Chain Management, Lockheed Martin Aeronautics Company.

API Technologies Awarded $1.2 Million Order for Aerospace Microelectronics

ORLANDO, FL– (Business Wire) – March 20, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today that it has received a $1.2 million order to provide  custom microelectronic solutions used in critical communication and control applications for a leading aerospace platform.

No additional information is available at this time. 

About API Technologies Corp.
API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com. 

API Technologies to Showcase the ION™ SA5600-SAL: Avaya® SAL Edition at Enterprise Connect 2013

ORLANDO, FL  — March 14, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today that it will showcase its full line of enterprise security products including the ION™ SA5600-SAL: Avaya® SAL Edition, at the Enterprise Connect Conference and Exposition (Booth #331) to be held March 18-21, 2013 in Orlando.

“The ION SA5600-SAL is a plug and play Secure Access Link gateway security appliance with a full standalone SAL Gateway preinstalled. It provides IP and secure dial-up connectivity to Avaya and heritage Nortel enabling users a quick and easy set up,” said Henry Gold, General Manager, SSIA Division, API Technologies.

The products API will be highlighting include:

API Technologies to Present at Remote Services and Monitoring Summit

ORLANDO, FL  — March 7, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today that Henry Gold, General Manager of the Company’s  Secure Services and Information Assurance (SSIA) – US group, will serve as a featured speaker at the “2013 Remote Services and Monitoring Summit” to be held March 20-22, 2013 in Miami Beach, FL. 

Mr. Gold’s session will focus on emerging security and technology challenges related to remote services delivery, including third party access and machine-to-machine (M2M) computing. The session will also feature case studies, which demonstrate how companies and government agencies may approach and overcome these issues. 

For more information to register for the 2013 Remote Services and Monitoring Summit, visit http://www.remoteservicesevent.com.

API Technologies to Showcase Variety of High Reliability Power Electronics at APEC 2013

ORLANDO, FL  — March 6, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today that it will showcase its diverse range of products suitable for higher power applications during the 2013 Annual Applied Power Electronics Conference & Expo (APEC). Discussions and live demonstrations will take place at the API Technologies Booth #907, featuring its Spectrum Control™ line of EMI power filters, film capacitors, switch mode power supply capacitors, magnetics, and the latest in current limiting NTC thermistors. API’s GaN broadband power amplifiers and power distribution products will also be on display. APEC takes place on March 17-21 in Long Beach, CA.

API Technologies Expands Power Offering with Custom Power Distribution Units (PDUs)

OEM ODM Power Distribution Unit

ORLANDO, FL, February 25, 2013, API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today that it has expanded its Power and Systems Solutions offering with a line of custom high reliability Power Distribution Units (PDUs) for the following applications; defense, communications and telecommunications networking equipment, data storage systems, alternative energy systems, oil & gas infrastructure, and medical equipment.

New Hermetically Sealed Custom Circular Connectors from API Technologies

ORLANDO, FL  — February 20, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, announced today its new family of hermetically sealed circular connectors for aerospace applications with high differential pressure.  These connectors, from API’s Spectrum Control line of products, meet MIL-DTL-38999 fine leak requirements and are ideal for aerospace engine control, hydraulic, and caustic environments where harsh conditions could exist. 

New Rugged Mobile 150 Amp DC Power Rectifier from API Technologies

 

ORLANDO, FL — February 19, 2013 — API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, security, and power solutions for critical and high-reliability applications, announced today its new Rugged Mobile 150 Amp DC Power Rectifier. The Rugged Mobile Rectifier is a portable commercial off-the-shelf (COTS) multi-application solution designed for powering C4ISR command and control communications systems and other defense-based electronics.

API Technologies Reports Results for the Fiscal Fourth Quarter Ended November 30, 2012

ORLANDO, FL – (Business Wire) –February 12, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced results for the fiscal fourth quarter and twelve months ended November 30, 2012.  

Record bookings of $76.6 million resulting in a book-to-bill ratio of 1.2 to 1 in the fiscal fourth quarter.

Revenue of $280.8 million for the twelve months ended November 30, 2012, up from $197.6 for the twelve months ended November 30, 2011.

Revenue of $62.7 million for the fiscal fourth quarter compared to $75.1 million in the prior year’s comparable quarter. 

API Technologies Announces Repayment of Term Loan and Entry into New Credit Agreements

ORLANDO, FL– (Business Wire) – February 7, 2013 –API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it has entered into a credit agreement with Guggenheim Corporate Funding, LLC, as administrative agent, that provides for a $165 million term loan facility. Additionally, the Company has entered into a separate agreement for a $50 million revolving borrowing base credit facility with Wells Fargo Bank, National Association, as administrative agent, upon which the Company drew $29.4 million at closing. Proceeds from these two facilities were used to pay in full the Company’s existing credit facility, certain indebtedness in the United Kingdom, and to pay fees, costs and expenses associated with the refinancing. 

API Technologies Announces Fourth Quarter Earnings Conference Call

ORLANDO, FL – (Business Wire) – January 28, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it will host a conference call to review the Company’s results for the fiscal fourth quarter and twelve months ended November 30, 2012 on Wednesday, February 13, at 10:00 a.m. Eastern Standard Time. Bel Lazar, President and Chief Executive Officer, and Phil Rehkemper, Executive Vice President and Chief Financial Officer, will host the call.

The call will be available by dialing 866-605-3852 or 412-317-6789 and accessible by webcast at www.apitech.com. Recorded replays of the webcast will be available for 30 days on the Company’s website and by telephone for 30 days at 877-344-7529, replay passcode #10023558, beginning 2:00 p.m. Eastern Time on February 13, 2013.

About API Technologies Corp.

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