API Technologies to Offer Replacement Part for Aeroflex UT63M125

NHI-15137FPRONKONKOMA, NY — JUNE 24, 2010 — API Technologies Corp. (ATNY.OB) ("API" or the "Company"), a prime contractor in highly engineered solutions, systems, secure communications and electronic components to the global defense and aerospace industries, announced today the addition of the NHi-15137 to its National Hybrid line of MIL-STD-1553 data bus products.  The NHi-15137 is a drop-in replacement for the Aeroflex UT63M125.

“API is committed to supporting the military and aerospace community with advanced engineering solutions,” said Arnie Markowitz, vice president and general manager of API’s Components and Subsystems division. “A big part of this commitment is providing customers the products they need to get the job done. As a drop-in replacement for the discontinued Aeroflex transceiver, the NHi-15137 allows customers to continue production without any need for re-design.” API’s Components and Subsystems division includes a wide variety of components and subsystems such as off-the-shelf, custom and build-to-print 1553 data bus products, custom hybrid, semiconductors, magnetics and power supplies.

The NHi-15137 comes in three package styles: plug-in, flat pack, and flat pack with gull wing formed leads. Three grades are available: Industrial -40°C to +85°C, Industrial -55°C to +125°C, and Military Grade in accordance with Mil-PRF-38534 Table C-IX Screening.

Additional information can be found at www.apitech.com/nationalhybrid. For ordering information, please call 631.981.2400, or e-mail sales@apitech.com.

About National Hybrid Products
As a trusted brand of critical components to the defense and aerospace industries since 1974, National Hybrid products offer unparalleled reliability in a very small package. Offerings include 1553 data bus products (including the recently released National Hybrid Bus+ and Terminal+), solid-state power controllers, high-density multi-chip modules and custom, state-of-the-art hybrid micro-electronic circuits.

About API Technologies Corp.
The Company is a prime contractor in highly engineered solutions, systems, secure communications and electronic components to the global defense and aerospace industry.  API Technologies’ customers include the governments of the U.S., Canada, the United Kingdom, NATO and the European Union, as well as many of the leading Fortune 500 companies. The Company is engaged in providing innovative design, engineering and manufacturing solutions to its customers.  API Technologies trades on the OTC Bulletin Board under the symbol ATNY. For further information, please visit the company website at www.apitech.com.

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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, 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.