API Technologies Wins ECN IMPACT Awards: Recognized for Outstanding Achievement in Electronic Design and Groundbreaking Innovation

ORLANDO, Fla.– (Business Wire) – May 27, 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 that it has been recognized by Electronic Component News (ECN) with two 2014 ECN IMPACT Awards, presented during the Electronic Distribution Show (EDS) held earlier this month.

Judged by panel of industry experts, the awards recognize outstanding achievement in electronic design and groundbreaking innovation.

API took top honors in the Power Sources and Conditioning category for the TPS75, a 75 Amp commercial off-the-shelf (COTS) tactical power supply for military applications. API’s most recent addition to its power products offering, the TPS75 supports power-hungry applications, such as RF and mobile networks, while eliminating or reducing the need for tactical vehicle-based power. When fielded, the TPS also reduces fuel consumption and wear and tear on vehicles by eliminating run time to support powering fielded special ops equipment.

As power demands grow, soldiers struggle to deliver critical power when and where it is needed. The API Technologies designed and manufactured solution offers soldiers the power and portability they need to reliably meet mission requirements.

2014 year to date, the Company has received over $3.5 million in new orders for its Tactical Power Supply products.

The Company was also recognized in the Contract Manufacturing Innovation category for its medical electronic manufacturing services (EMS) offering. In 2013, API added the ISO 13485:2003 medical certification to its extensive list of quality and military certifications.

Bel Lazar, president and chief executive officer, API Technologies said, “At API, we are constantly striving to deliver cutting-edge products that overcome challenges, such as reliable power delivery to even the most remote locations. We are honored to have our innovative products and solutions recognized by a top industry journal such as ECN.”

To explore the Company’s line of power products for commercial and defense customers, visit http://power.apitech.com. To learn more about API Technologies electronics manufacturing services capabilities, visit http://ems.apitech.com.

About API Technologies Corp.

API Technologies (NASDAQ: ATNY) is an innovative designer and manufacturer of high performance systems, subsystems, modules, and components for technically demanding RF, microwave, millimeter wave, electromagnetic, power, and security applications. A high-reliability technology pioneer with over 70 years of heritage, API Technologies products are used by global defense, industrial, and commercial customers in the areas of commercial aerospace, wireless communications, medical, oil and gas, electronic warfare, unmanned systems, C4ISR, missile defense, harsh environments, satellites, and space. Learn more about API Technologies and our products at www.apitech.com.

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