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API Technologies Receives New $3.6 Million Product Order for Commercial Aviation Electronics

ORLANDO, FL– (PR Newswire) – September 3, 2014 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for high-reliability applications, announced today it has received a new, $3.6 million order for microelectronics modules to be used in a major commercial airplane platform. The orders are scheduled for delivery throughout 2015.

“Growth in the commercial aviation market has fueled new demand for sophisticated, high reliability electronics. Given API’s differentiated product portfolio, technical expertise, and aviation heritage, we have emerged as a key technology partner in the commercial aviation community. This order gives testament to our product quality and ability to meet the most exacting customer requirements,” said Bel Lazar, President and Chief Executive Officer, API Technologies.

About API Technologies Corp.

API Technologies to Present Electromagnetic Spectrum Solutions at 51st Annual Association of Old Crows Symposium

Orlando, FL – August 27, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading edge provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, announced today it will present a full range of electromagnetic spectrum solutions at the 51st Annual Association of Old Crows (AOC) International Symposium and Conference in Washington, D.C., October 6-9, 2014, at Booth #1009.

API Technologies Introduces High Reliability Customizable 2-20 GHz Broadband Amplifier: High frequency amplifier line delivers competitive advantage and faster time to market for OEMs

ORLANDO, FL - August 14, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading edge provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, today announced the addition of a new multi-octave broadband amplifier, model BXHF1084, to its growing family of standard and configurable RF/microwave products. With its high frequency capabilities and one of the industry’s smallest footprints, the product offers OEMs competitive advantage and faster time to market.

The model BXHF1084 amplifier provides S, C, X, and Ku band operation in a single amplifier module. Its compact size, laser-welded housing and high gain design (26dB typical) make it ideally suitable for a variety of commercial and military applications, including VSAT, SATCON, point-to-point, multi-point, radar, and communications.

API Technologies Launches New Configurable Frequency Synthesizers: Feature-rich platform expands company’s footprint in communications, industrial, and defense applications

ORLANDO, FL– (PR Newswire) – August 4, 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 launch of configurable frequency synthesizers (Models LCFS-X), the newest addition to the Company’s line of standard RF / microwave products.

Offering superior phase noise performance as low as -92 dBc/Hz at 100 kHz offset, the synthesizers are ideally suited for a variety of applications including SIGINT /electronic warfare (EW), SATCOM, Doppler radar, and telecommunication systems. The compact surface mount packaging and affordable price point make these synthesizers an ideal solution for unmanned systems applications.

API Technologies Wins New $3.0 Million Order for Secure Wireless Communication Systems

ORLANDO, Fla.– (PR Newswire) – August 1, 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 receipt of a $3.0 million order for secure, wireless communication systems from a Fortune 50 company. The Company-manufactured, high-reliability electronic systems will be used in support of U.S. Department of Defense C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) initiatives.

No additional information is available due to the secure nature of this program.

API Technologies Introduces the New EMCON® All-in-One Secure Workstation

Classified and Unclassified Access on One Screen Preserves Information Security, Improves Productivity, and Unclutters Office

OTTAWA, Canada and ORLANDO, FL – July 31, 2014 - API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, today announced the launch of the EMCON® All-in-One Secure Workstation, which facilitates virtual, multi-domain access and presents it in a single user interface. 

The all-in-one hardware solution enables users to easily and securely access resources on classified and unclassified networks without the need for inefficient and costly alternatives, such as redundant hardware and resource-hungry software solutions. 

API Technologies Wins Million Dollar Order for Manufacture of Commercial Satellite Communication Systems

ORLANDO, Fla.– (PR Newswire) – July 25, 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 it has received a $1 million order for the manufacture of satellite communication systems from a leading commercial wireless network equipment company.

To learn more about API Technologies’ contract manufacturing (CM) and electronic manufacturing services (EMS), please visit http://ems.apitech.com.

API Technologies Wins New $2 Million Order for Next Generation Radar Indicator Solution

ORLANDO, FL– (PR Newswire) – July 24, 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 it has received a new, $2 million order for its high-reliability, radar warning receiver indicator solution. The solution will be used as part of an Electronic Warfare Management System (EWMS).

No additional information is available due to the secure nature of this program.

About API Technologies Corp.

API Technologies Wins Major Radar Program Order for Naval Requirement

ORLANDO, FL– (PR Newswire) – July 18, 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 it has received a new order for critical RF/microwave filtering technology and high-reliability electronics for shipboard radar systems. Current fiscal year bookings for the program are expected to exceed $2 million.

The API Technologies-supplied technology is designed to improve radar accuracy and surveillance capabilities.

No additional information is available due to the secure nature of this program.

About API Technologies Corp.

New Snap-On Load Detector from API Technologies Designed for Low Current Sensing Applications


Spectrum Power AC SmartStart PDU, 16 Port

Ideal for Low Cost Energy Management and Automation Control

Orlando, FL– July 17, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, now offers the LD-50, a magnetic, snap-on load detector for mounting on pre-wired systems that does not disrupt existing connections.  

The LD-50 is a high sensitivity current transformer specifically designed for applications where low current is monitored. A primary winding is supplied to increase sensitivity of the transformer.

API Technologies Reports Results for the Fiscal Second Quarter Ended May 31, 2014

ORLANDO, Fla.– (PR Newswire) – July 9, 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 results for the fiscal second quarter ended May 31, 2014.

Results for the Quarter Ended May 31, 2014

API Technologies reported fiscal second quarter revenue of $53.2 million.

For the fiscal second quarter of 2014, GAAP gross margin as a percentage of sales was 19.6%; non-GAAP gross margin was 22.2%.

API Technologies posted a net loss of $15.0 million for the fiscal second quarter, primarily due to the write-off of note discounts and deferred financing charges from debt extinguishment, which were $10.2 million. Adjusted EBITDA for the fiscal second quarter was $4.3 million. Restructuring costs recorded in the three months ended May 31, 2014 were approximately $1.0 million.

API Technologies Wins High Power Amplifier Order for U.S. Department of Defense Maritime Program

ORLANDO, FL– (PR Newswire) – July 3, 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 it has received a new order to supply high-power amplifier systems as part of a DoD maritime requirement. This initial order is part of a multi-million dollar program with first production delivery set for May 2015.

This order follows API’s announcement of its expanded power amplifier product line made at the IEEE MTT-S International Microwave Symposium last month.

No additional information is available due to the secure nature of this program.

API Technologies Announces Second Quarter Earnings Call

ORLANDO, Fla.– June 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 would issue its earnings release for the fiscal second quarter ended May 31, 2014 after the market closes on July 9, 2014. A conference call to review the Company’s results will be held on July 10, 2014 at 10 a.m. Eastern Daylight Time. Bel Lazar, President and Chief Executive Officer, and Claudio Mannarino, Chief Financial Officer, will host the call.

API Technologies Announces Promotion of Claudio Mannarino to Chief Financial Officer

ORLANDO, Fla.– (Business Wire) – June 23, 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 Claudio Mannarino, Senior Vice President, has been promoted to Senior Vice President and Chief Financial Officer, effective immediately, replacing Phil Rehkemper who resigned his position as CFO to accept another position. Mr. Rehkemper has served as CFO since April 2012. Mr. Rehkemper has agreed to remain with the Company until July 3, 2014 to assist in the CFO transition.

API Technologies Introduces New Line of Radiation-Hardened Power Conversion and Control Products: Space qualified designs feature smaller footprints at a lower cost

API Technologies - Radiation-Hardened Power Control
Orlando, Fla and Tampa, Fla - IEEE MTT-S International Microwave Symposium (IMS 2014), Booth #1515 – (Business Wire) – June 3, 2014 – API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, introduces a new line of radiation-hardened (rad-hard) power conversion and control products designed for extreme environmental conditions and radiation exposure. The new line of rad-hard power products includes linear voltage regulators with adjustable or fixed output voltages (positive and negative voltage options), highly efficient point-of-load (switching) regulators, as well as solid state relays (SSR), which include radiation-hardened single pole, double throw (SPDT) SSR.

API Technologies Debuts GaN Power Amplifier Drivers at the International Microwave Symposium: New broadband GaN drivers feature a complete front-to-back amplifier solution

API Technologies - Power Amp Drivers

Orlando, Fla and Tampa, Fla - IEEE MTT-S International Microwave Symposium (IMS 2014), Booth #1515 - June 2, 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, debuts a new line of Gallium Nitride (GaN) drivers to provide a complete, front-to-back amplifier solution for applications requiring high levels of gain and output power.

These hybrid-based power amplifier drivers are an extension of the Company’s broad RF and microwave amplifier product offering, which includes small signal, low noise, and high power output products, for commercial, military, medical, and industrial applications.

API Technologies Introduces 1,000 Watt Pulsed Power Amplifiers: Expanded line of GaN-based power amplifiers is targeted for TWT replacement

API Technologies - Pulsed Power Amplifiers
Orlando, Fla. – (Business Wire) - May 30, 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, expands its line of Gallium Nitride (GaN) based power amplifiers to include designs that operate with output power levels up to 1,000 watts and frequencies to 18 GHz. These new pulsed, solid state power amplifiers are making their debut at the IEEE MTT-S International Microwave Symposium (IMS 2014) in Tampa, Florida.

These new power amplifiers can serve as a cost-effective replacement for traveling wave tubes (TWT), as the amplifiers’ long life and reduced size and weight offer better efficiencies than their TWT counterparts.

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 Technologies to Feature High Reliability, Engineer-Friendly Products at IMS 2014

Amplifiers, Microelectronics, Filters, Active and Passive Components, Integrated Microwave Assemblies, and System-Level-Ready Solutions to be Showcased

Orlando, FL May 23, 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, will showcase a wide variety of the company’s latest high reliability, engineer-friendly products during the 2014 IEEE MTT-S International Microwave Symposium (IMS 2014).  API will be in Booth 1515 during the exhibition, which takes place June 3-5 at the Tampa Convention Center in Tampa, Florida.

API Technologies’ Microwave System Enhances Receiver Range and Performance of Fast-Deployable Air Traffic Control Platform: Leverages Award-Winning Microwave Products to Aid in International Disaster Response

ORLANDO, Fla. – May 22, 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, has received a strategic microwave systems order for a fast-deployable Air Traffic Control (ATC) platform used for global military missions, including humanitarian aid and disaster response.

Featured elements of the API Technologies integrated microwave solution include a Low Noise Amplifier (LNA) assembly and multi-coupler front end along with filter banks, both used to facilitate voice communications between air traffic controllers and the aircraft.

The microwave system’s hallmark is the ability to deliver linear, low noise performance to support high dynamic range receivers, which extends overall system range, enabling aircraft to take off and land safely.