Press Release

API Technologies’ Circular Connectors Address Strict Safety Requirements for Lightning Protection

New Connectors Meet RTCA/DO-160 Section 22 Standards

ORLANDO, Fla. – January 8, 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, announced today that their EMI filtered and unfiltered circular connectors are now available to meet the standards for RTCA/DO-160 Section 22 Lightning Requirements. RTCA/DO-160 Section 22 outlines environmental conditions and testing procedures for airborne equipment, particularly for protection against lightning, to provide increased safety, system capacity, and overall efficiency.

API Technologies Announces New Switched Multiplexer with Integrated Low Noise Amplifier

Designed for Radar, EW, and ELINT Applications

Orlando, FL - January 07, 2014 – API Technologies Corp. (NASDAQ:ATNY) a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, is now offering a switched multiplexer that includes an integrated Low Noise Amplifier (LNA).  

Designed for radar, Electronic Warfare (EW) and Electronics Intelligence (ELINT) applications, this new multiplexer provides excellent broadband performance across the 2 GHz to 18 GHz range using suspended substrate stripline (SSS) technology. 

Specifically suited for agile receiver front ends and directional finding systems, API’s switched multiplexer provides a 20 dB gain with a 5 dB noise figure and fast switching at 100 nanoseconds as well as low DC power consumption of only 5.25 watts. Sub-octave filter bands used in the multiplexer provide excellent harmonic rejection and high isolation. 

API Technologies Completes Sale/Leaseback of State College, PA Facility

ORLANDO, Fla. & STATE COLLEGE, PA – January 6, 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, announced today the completion of a sale/leaseback transaction for its State College, PA location, located at 1900 West College Avenue, to Store Capital, a real estate investment firm, for $15.6 million. The Company used $14.3 million of the proceeds to pay down the Company’s term loan facility with Guggenheim Corporate Funding, LLC. As of August 31, 2013, the Company’s last reported financial quarter, the Company had $88.0 million in term debt obligations. As of January 3, 2014, the term loan balance is now $72.6 million.

New 2-18 GHz Broadband Synthesizer Announced by API Technologies

ORLANDO, Fla – December 12, 2013 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), 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, announced today the first in a new series of broadband synthesizers ideally suited for military requirements and high-end commercial applications such as microwave receivers, microwave telemetry systems, uplink communication platforms, instrumentation, and military communication systems. The new 2-18 GHz broadband synthesizer features a wideband design with low phase noise and excellent broadband performance, and is packaged in a hermetic, laser-welded housing.

API Technologies Achieves AS9100 Rev C Certifications for Two Additional Facilities

ORLANDO, Fla. – December 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 that it received two additional AS9100 Rev C aerospace site certifications, one for its RF/Microwave facility in Delmar, Delaware, and the other for its magnetics manufacturing operation in State College, Pennsylvania.

The AS9100 Rev C certification is based on the IAQG 9100-series standard quality management system requirements which are an internationally recognized quality management standard for the aerospace and defense industry. AS9100 certification involves a third-party verification process that includes a detailed review of the Company's quality processes and documentation. 

API Technologies’ Great Yarmouth Facility Expands Environmental Testing Facilities for Electronics

ORLANDO, Fla. and GREAT YARMOUTH, United Kingdom — November 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 in response to a recent contract win, it has expanded its environmental testing capabilities in the Company’s Great Yarmouth (UK) location. 

“Our dynamic and climatic test services help our customers resolve any end product quality issues. We can provide extremely accurate environmental test simulations that precisely mimic the working environment of a product in the field,” said Matthew Richards, Senior Vice President and Managing Director, RF/Microwave & Microelectronics (RF2M UK), API Technologies Corp. 

API Technologies Named to Deloitte’s 2013 Technology Fast 500™ List for Third Consecutive Year

ORLANDO, Fla.  — November 13, 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 it ranked 153 on Deloitte’s Technology  Fast 500™, an annual ranking of the fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America. This marks API Technologies’ third, consecutive year of recognition on Deloitte’s Technology Fast 500 list. 

SST™ Streamline Range of TEMPEST Products Debuts

ORLANDO, Fla. & GLOUCESTER, UK   — November 12, 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 launch of the SST™ Streamline RangeTM of TEMPEST computers and monitors. These SST TEMPEST systems are available to Ministry of Defence (MOD) and qualified government customers in western and eastern Europe.

API Technologies Receives $2.2 Million Follow-On Order to Provide Microwave Products for Next Generation Counterfire Radar

ORLANDO, FL – (Business Wire) – November 5, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API Technologies” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it has won a $2.2 million follow-on order to provide microwave products to a Fortune 100 defense prime contractor for use in a major US Army counterfire radar program.

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 Debuts TPS75 Tactical Power Supply at AUSA 2013

New Power Supply Eliminates Need for Tactical Vehicle-Based Power to Support Power-Hungry RF and Mobile Networks, Reducing Tactical Vehicle Total Cost of Ownership 

ORLANDO, Fla.  and WASHINGTON, D.C. – AUSA 2013, Booth #7743 –  October 21, 2013 - API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, power, and security, solutions for critical and high-reliability applications, today announced that it will unveil its new TPS75 Tactical Power Supply at the Association of the United States Army (AUSA) Annual Meeting and Exposition. The unveiling will take place at the opening of the show, on October 21, 2013 at Booth 7743 at the Walter E. Washington Convention Center in Washington, DC. The show runs through October 23. 

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