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. 

The Nano 50 honors the top 50 technologies, products and innovators that have significantly impacted, or are expected to impact, the nanotechnology industry. The winners of the Nano 50 awards are the most innovative people and designs that will move nanotechnology to key mainstream markets. Judged by a panel of nanotechnology experts, the technologies, products and innovators receiving the 50 highest scores were Nano 50 award winners. The Nano 50 Awards Dinner will be held at the NASA Tech Briefs National Nano Engineering Conference in Boston, November 12 and 13, 2008. The full list of winners can be viewed at the Nanotech Briefs website http://www.nanotechbriefs.com/nano50/nano50_winners_08.html. 

SubWave(TM) UV Polarizers, developed at API's NanoOpto Division, are based on a patented nanofabricated grating design. The polarizers can be optimized for use at a customer-specified wavelength, such as the 266nm quadrupled YAG laser line or 193nm ArF laser illumination, and exhibit high extinction ratios. These devices, which are super thin, non-dichroic, high-transmission components, can be cut to any application-specific size and shape up to 4" x 4". The product can be used in UV photolithography and display applications. 

Stephen B. Pudles, Chief Executive Officer of API Nanotronics Inc., said, "We are pleased to be recognized with this distinguished group of nanotechnology leaders. We look forward to increased commercialization of our industry leading optical and MEMS products which utilize our nanotechnology processes and innovations." 

About API Nanotronics Corp. (OTCBB: APIO) 

API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic components and systems for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com 

Safe Harbor for Forward-Looking Statements: 

Except for statements of historical fact, the information presented herein constitutes forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which API Nanotronics Corp. and its subsidiaries and affiliates have little or no control. 

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