API Nanotronics Announces Third Quarter Results: Increased Gross Margins Highlight Improved Operating Efficiencies & Strong Balance Sheet Allows Company to Implement Share Buyback

NEW YORK, NY--(Marketwire – April 14, 2009) - API Nanotronics Corp. (OTCBB: APIA) ("API" or the "Company"), a leading supplier of electronic components, systems and sub-systems, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced third quarter and nine month operating results for the period ended February 28, 2009.

Financial Highlights for the Third Quarter Ended February 28, 2009

--Revenue was $5.8 million, a 22% decrease from the $7.4 million reached in the same quarter of fiscal 2008;

--Gross margins improved 3% to 29% in the third quarter of 2009, compared to 26% in the same quarter of the previous year and up over 100% from second quarter 2009 gross margins of 13%. Excluding restructuring charges, third quarter 2009 gross margins were 30%1;

API Nanotronics Board of Directors Authorizes Stock Buyback

NEW YORK, NY--API Nanotronics Corp. (OTCBB: APIA) ("API" or the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced that its Board of Directors has authorized a program to repurchase up to 10% of its common shares over the next 12 months. The Company will fund the program with available cash on hand and may repurchase shares in the open market from time to time based on market conditions and other factors. 

API Nanotronics Reports Record First Quarter Revenues of $7.9 Million: Company Implements Cost-Saving Consolidation and Continues to Invest in Next Generation Nanotechnology Products

NEW YORK, NY -- (Marketwire) -- 10/10/08 -- API Nanotronics Corp. (OTCBB: APIA) ("API") (the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced first quarter operating results for the period ended August 31, 2008. 

Financial Highlights for the First Quarter 2009 

API Nanotronics Announces Effectiveness of Reverse Stock Split New Trading Symbol OTC BB: APIA

NEW YORK, NY -- API Nanotronics Corp. (OTCBB: APIA), formerly (OTCBB: APIO), ("API") (the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced that the previously announced one-for-fifteen reverse stock split of the Company's outstanding common shares and exchangeable shares became effective upon the opening of the Over-the-Counter Bulletin Board market this morning. API's new common share trading symbol is APIA, replacing APIO, the trading symbol that was used prior to the reverse stock split. 

API Nanotronics Enlisted by Leading Semiconductor Capital Equipment Company to Develop Key Component for Next Generation Lithography

NEW YORK, NY -- September 09, 2008 --API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced it concluded a development agreement with a leading semiconductor capital equipment company, to develop proprietary high-performance Deep UV polarizers for next generation lithography equipment. API's deep UV polarizers represent an outstanding example of nanotechnology achieving major commercial applicability. 

API Nanotronics Introduces High Performance Polarizing Beam Splitter/Combiners From Its NanoOpto Division

SOMERSET, NJ -- API Nanotronics Corp. (OTCBB: APIO) wishes to announce that its wholly owned NanoOpto division is pleased to introduce a new high performance polarizing beam splitter/combiner (PBS/C). The devices are used to combine light from two input beams into a single output beam (PBC mode) or to separate the orthogonal polarization components of an input signal into two output beams (PBS mode). 

These advanced optical devices are optimized for operation at either 1310 nm or 1550 nm with the following specifications: 

Extinction Ratio / Transmission

Transmission channel (Tx) > 1000:1 ( > 30dB) / > 95.5% (IL=0.2dB)

API Nanotronics Announces 1-for-15 Reverse Stock Split

NEW YORK, NY -- September 3, 2008 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced that its Board of Directors has unanimously approved a one-for-fifteen consolidation of the Company's outstanding common shares and exchangeable shares, following approval by its shareholders on August 20, 2008. 

API Nanotronics Announces $4.7 Million Order From Leading US Defense Contractor Rockwell Collins

NEW YORK, NY -- September 2, 2008 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced a $4.7 million order from Rockwell Collins for custom communication components. 

The order, received by API's National Hybrid division, is for a series of custom MIL 1553 multi chip modules (MCMs), hybrids and custom packaged transistors for defense communications applications. The order will be delivered over a maximum of 32 months. API holds a significant patent portfolio covering the hybrid and packaging technologies that will be incorporated into these devices. 

API Nanotronics Announces Record 2008 Fourth Quarter and Twelve Month Revenues: Annual Revenue Increases Over 50%; Looking to the Future, API Makes Large Investment in Nanotechnology While Implementing Major Operational Improvement Initiative to Maximi

NEW YORK, NY -- (Marketwire) -- 08/26/08 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced operating results for the three-month and twelve-month periods ended May 31, 2008.

Financial Highlights for Fiscal 2008

-- Record revenue of $31 million, compared to $20.5 million in 2007, an
increase of over 50%. Revenue in 2008 included a full-year contribution
from the National Hybrid Group, acquired by API on January 24, 2007;

-- GAAP Net loss for the year was $6.6 million or $0.02 per share,
compared with a net loss of $1.0 million or $0.00 per share in the previous
year. The loss includes non-cash charges related to a provision for

API Nanotronics Receives Two 2008 Nanotech Briefs "Nano 50" Awards

July 22, 2008 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced it received two of the 2008 NanoBriefs® Nano 50(TM) awards. Dr. Martin Moskovits, API's Chief Technology Officer, was honored as a Nano 50 Innovator and API's SubWave(TM) UV Polarizers were honored with a Nano 50 product award. 

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