Press Release

API Technologies Reports Results for the Fiscal Third Quarter Ended August 31, 2013

  • Revenue of $62.6 million, up 6.6% over prior fiscal year third quarter
  • Adjusted EBITDA of $8.4 million
  • Net income of $7.0 million

ORLANDO, FL – (Business Wire) – October 9, 2013 – API Technologies Corp. (NASDAQ:ATNY) (“API”, “API Technologies”, or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced results for the fiscal third quarter ended August 31, 2013. Results for continuing operations for the third quarter and comparable historical periods do not include the Data Bus product line or Sensors business, which were sold July 5, 2013 and April 17, 2013, respectively. Results for the Data Bus product line and Sensors business are reported under discontinued operations.

New 44 GHz Millimeterwave Amplifier from API Technologies Debuts at European Microwave Week

 ORLANDO, Fla. and NUREMBERG, Germany – EuMW 2013, Booth #219 –  October 8, 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 at European Microwave Week (Booth #219) the addition of a new standard 44 GHz millimeterwave (MMW) amplifier to its family of products. It features an ultra-high frequency, two-stage design for high gain and medium power, and is enclosed in a rugged laser welded SMA-connectorized housing. The EuMW Exhibition runs through October 10, 2013 at the Nuremberg Convention Center.

API Technologies to Present at IMAPS-UK CirciT Conference

ORLANDO, Fla. & GREAT YARMOUTH, UK — October 7, 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 Robert Hunt, Head of Technology and Strategic Business Development for its RF/Microwave & Microelectronics (RF2M UK)-Great Yarmouth Operations, will be a featured presenter at The Thick & Thin Film Circuit Technology (CirciT) Conference, October 17, 2013 in Coventry, England.

Mr. Hunt’s presentation, “Ultra High-temperature Operating Electronics for High -reliability Harsh Environment Applications,” will discuss current trends in high-temp electronic manufacturing, as well as real-life situations and solutions.

API Technologies to Showcase High-Reliability RF/Microwave, Power, and Security Solutions at AUSA 2013

Active Antenna Array Unit (AAAU) for AESA Radar and Tactical Power Supply Among Featured Products

ORLANDO, Fla.  — October 3, 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 it is presenting innovative solutions from its RF/Microwave and Microelectronics, Electromagnetic Integrated Solutions (EIS), Power, and Security Systems & Information Assurance (SSIA) lines at the 2013 AUSA Annual Meeting and Exhibition in Washington, D.C., October 21-23, 2013, at Booth #7743.

API Technologies to Showcase RF/Microwave & Microelectronics Solutions at European Microwave Week

High-Reliability Commercial and Defense Electronics; European-based Microelectronics Featured

ORLANDO, Fla.  — October 2, 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 it is presenting a wide-range of RF/Microwave solutions at European Microwave Week (EuMW) in Nuremberg, Germany, October 6-11, 2013, on Stand #219. 

API Technologies Announces Third Quarter Earnings Call

ORLANDO, Fla. – (Business Wire) – September 27, 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 will host a conference call to review the Company’s results for the fiscal third quarter ended August 31, 2013 on Thursday, October 10, 2013 at 10:00 a.m. Eastern Daylight Time. Bel Lazar, President and Chief Executive Officer, and Phil Rehkemper, Executive Vice President and Chief Financial Officer, will host the call.

API Technologies’ New Family of Current Sensors/Transformers Measure a Wide Range of Currents

ORLANDO, Fla – September 19, 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 availability of its new 5300 series of current sensors and transformers that measure a wide range of AC currents by transforming them accurately from high to low measurable values.  

API Technologies Celebrates Outstanding Suppliers

ORLANDO, Fla. and GREAT YARMOUTH, UK  — September 2, 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, recently held a Suppliers Day Event at Great Yarmouth Racecourse in the United Kingdom to recognise its suppliers and honour the outstanding performance of two of its suppliers, Hi-Rel Lids of Harleston, Norfolk and Kyocera Fineceramics of Frimley, Hampshire. Both companies achieved 24 months consecutive zero-defect supply and on-time delivery. 

API Technologies’ Secure Mobility Solutions for the Connected Warrior Showcased at DSEI

Products Include Ultra Portable SST™ brand TEMPEST Tablets and Laptops and Rugged INFOSEC Products

ORLANDO, Fla. and LONDON — August 19, 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 will showcase solutions from both its RF/microwave and Secure Systems and Information Assurance (SSIA) product lines at the Defence and Security Equipment International (DSEI) exhibition. Featured SSIA solutions, including the Company’s secure mobility solutions and SST™ brand TEMPEST and Emanation Security products, will be available for viewing at Stand S8-100 from 10 September through 13 September at London’s ExCel Center.

API Technologies Receives $15 Million Contract from Canadian Government Agency for Secure Communication Systems

ORLANDO, Fla. and OTTAWA – (Business Wire) – August 14, 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 the Company’s Canadian-based EMCON® group, part of its Secure Systems and Information Assurance (SSIA) business, has partnered with a Global 2000 Canadian defence contractor to secure a major contract with a Canadian government agency for secure communication products. As part of the three-year agreement, EMCON will supply deployable secure communication suites, with a contract ceiling value of $15 million, of which the customer has already exercised $3.5 million.

No additional information may be shared due to the secure nature of the opportunity.

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