API Technologies to List its Common Stock on NASDAQ

ORLANDO, FL – (PRNewswire) – June 23, 2011 – API Technologies Corp. (OTC Bulletin Board: ATNY.OB) (“API” or the “Company”), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, will list its common stock on the NASDAQ Capital Market effective June 27th, 2011 under the ticker symbol ATNY.

Bel Lazar, President and Chief Operating Officer, and Jack Freeman, Chief Financial Officer, will ring the opening bell at the NASDAQ MarketSite Studio in New York City on Wednesday June 29th at 9:30 a.m. to celebrate the Company’s listing on the NASDAQ.

About API Technologies Corp.

The Company, through its subsidiaries, 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 will trade on the NASDAQ under the symbol ATNY beginning June 27, 2011. For further information, please visit the company website at www.apitechnologies.com.

Safe Harbor for Forward-Looking Statements

Except for statements of historical fact, the information presented herein constitutes forward-looking statements. All forward-looking statements are subject to certain risks, uncertainties and assumptions which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties, which are more fully described in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include but are not limited to, general economic and business conditions, government regulations, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets, and the effect of growth on our infrastructure. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated. All information in this release is as of the date hereof. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements in this press release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
Bel Lazar
President and Chief Operating Officer
+1-877-274-0274
investors@apitech.com

Chris Witty
Darrow Associates
646-438-9385
cwitty@darrowir.com