API Technologies Reports Results for the Fiscal Third Quarter Ended August 31, 2012

Board of Directors Retains Financial Advisor to Evaluate Unsolicited Third-Party Interest and Full Range of Strategic Alternatives

ORLANDO, FL – October 10, 2012 – 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, 2012.  

Financial results to be reported under three operating segments:  Systems, Subsystems & Components (SSC), Secure Systems & Information Assurance (SSIA), and Electronics Manufacturing Services (EMS). 

Revenue of $68.4 million for the third quarter, compared to $78.9 million in the second quarter and $69.2 million in the quarter ended August 31, 2011.

API Technologies to Spotlight New High Reliability Electronics and Secure Communications at AUSA 2012

ORLANDO, FL  — October 9, 2012 — 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 its complete breadth of engineering and manufacturing capabilities during the AUSA 2012 Annual Meeting & Exposition. Products and live demonstrations in the areas of RF & Microwave Solutions, Electronic Warfare, Secure Government Communications, Power Distribution Deployments, and Electromagnetic Solutions & Sensors for defense and aerospace will take place at Booth #4347 in Hall C. AUSA takes place October 22-24 at the Walter E. Washington Convention Center in Washington DC.

API Technologies Introduces New Transverse Coupled Resonator Filter for Narrowband IF Filtering

ORLANDO, FL  — September 26, 2012 — 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 a new transverse coupled resonator filter (TCRF). This new surface acoustic wave (SAW) filter is designed for narrowband intermediate frequency (IF) filtering such as in satellite transponders, directional finders and anti-jam modems. It is capable of fractional bandwidths of 0.04% to 0.1% and currently available from 80 - 1600 MHz.

API Technologies Announces Third Quarter Earnings Conference Call

ORLANDO, FL – (Business Wire) – September 20, 2012 – 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 that it will host a conference call to review the Company’s results for the fiscal third quarter ended August 31, 2012 on Thursday, October 11, at 10:00 a.m. Eastern Time. Bel Lazar, President and Chief Executive Officer, and Phil Rehkemper, Chief Financial Officer, will host the call.

The call will be available by dialing 866-605-3852 or 412-317-6789 and accessible by webcast at www.apitech.com. Recorded replays of the webcast will be available for 30 days on the Company’s website and by telephone for 30 days at 877-344-7529, replay passcode #10018587, beginning 2:00 p.m. Eastern Time on October 11, 2012.

About API Technologies Corp.

API Technologies Receives $3.4 Million Order to Provide Microwave Products for Next Generation Counterfire Target Acquisition AESA Radar

ORLANDO, FL– (Business Wire) – September 17, 2012 –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 that it has received a new $3.4 million order to provide high-reliability receiver protectors for use in mobile, target acquisition Active Electronically Scanned Array (AESA) radar. These next generation radar products will be used to support battlefield countermortar (Firefinder) systems. API Technologies’ RF/Microwave and Microelectronics (RF2M) Division won the contract from a Fortune 100 global defense Original Equipment Manufacturer. Additional follow-on requirements between $3 to $5 million per year are anticipated through 2014.

API Technologies Receives $3.1 Million Order to Provide EMI Filtering Solutions for Major Weapons Platform

ORLANDO, FL – (Business Wire) – September 11, 2012 – 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 it has received a $3.1 million order for critical EMI filtering solutions in support of a major U.S. Department of Defense weapons platform. The order was placed by a repeat customer, a Fortune 100 company.

“It is API’s breadth and depth of knowledge related to electronic systems for missile defense and weapons platforms that enables us to support this strategic defense customer with high-reliability electronics solutions,” said Bel Lazar, President and Chief Executive Officer of API Technologies.

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

About API Technologies Corp.

API Technologies Receives $8.1 Million Order to Provide Electronics Solutions for Tactical Surveillance Systems

ORLANDO, FL – (Business Wire) – September 4, 2012 – 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 it has received a $8.1 million order for its Electronics Manufacturing Services (EMS) business unit to provide electronics solutions for tactical surveillance systems. The order was placed by a Fortune 100 company repeat customer and is scheduled to be delivered over the next nine months.

“We are pleased to support this strategic customer by applying our extensive experience and technical know-how to the development, manufacturing, and support of solutions for C4ISR systems,” said Bel Lazar, President and Chief Executive Officer of API Technologies.

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

About API Technologies Corp.

SB1501ER Vehicle Secure Communications Hub

The SB1500ER Secure Communications Hub (SCH) provides a rugged, portable Secure Communications facility using multiple bearers, perfect for ad-hoc, mobile or remote environments.

The SCH integrates accredited data transmission (Mini-CATAPAN® encryption) and data at rest (Eclypt® drive in Laptop) products for an accredited S & TS mobile solution.

This single integrated device replaces traditional case-based systems, providing for 3G or satellite (BGAN etc) connectivity where there is no fixed line access. The black side Ethernet port can also be used for fixed line networks, ADSL or through a Wireless or radio modem. For added flexibility the SCH features three red-side LAN ports, enabling it to act as a secure communications ‘hub’ and providing encrypted WAN access to multiple clients.

Features: 
  • Secure, Integrated mobile solutions
  • Integrates High grade S and TS IP Encryption device – Mini-CATAPAN®
  • Compact, lightweight, robust design
  • MIL-STD-810G and MIL-STD-461F
  • Multi-bearer WAN: 3G, BGAN, ADSL, 3G, etc
  • Integrated 3G modem and antennas
  • Standalone or 3 LAN port Hub – a single device with multiple uses

ION™ SA5600 Secure Appliance

The appliance is easily deployable and delivers next generation remote services, such as: patch management, proactive device monitoring, and VoIP Quality of Service (QoS) monitoring, while meeting enterprise customers’ diverse security, compliance, and connectivity requirements.

For Service Providers: Hassle-free remote management.

The appliance is easily deployable and delivers next generation remote services, such as: patch management, proactive device monitoring, and VoIP Quality of Service (QoS) monitoring, while meeting enterprise customers' diverse security, compliance, and connectivity requirements.

Features: 
  • Security Audit & Compliance
  • Easy Connectivity, Highly Scalable Solution
  • Remote Alarm Management and Filtering
  • Device Monitoring
Benefits: 
  • Easy, remote administrative access to manual devices
  • Control and monitor access with built-in AES encryption, two-factor authentication, user and application-based permissions, and full session logs
  • Detailed audit trail of all access and activites
  • Real-time alarm delivery from remotely managed devices to NOC tools
  • Plug-and-Play design; no need to reconfigure firewalls or install agents

ION™ SA600 Service Access Point

The ION™ SA600 Series Service Access Point introduces a new approach to remote device management.  With the launch of the ION SA600 and its integrated software licensing module, you can turn on features as needed.  From basic console access to a sophisticated SSL VPN solution and new cross-networking NATing, the SA600 offers the right-form functionality and price for your unique application.

Console and Terminal Server

The ION SA600 offers robust monitoring of serially connected devices, including cable disconnect, modem availability, and legacy devices.

Out-of-Band (Modem & Wireless)

Analog, CDMA, and GSM modem options offer simple dial-up access or failover connectivity when the primary connection is down.  Also allows the ability to leverage broadband wireless capability as a low cost POTS alternative.  ION products offer the most secure out-of-band solution on the market.

Features: 
  • Console terminal server, modem and wireless options
  • Capabilities scale to meet specific remote device management applications
  • Communicates with any device, server, or NMS
  • Security upgrade option to support two-factor authentication, encryption and audit
Benefits: 
  • Low Cost: Right priced to fit a variety of applications
  • Always On: Always on access fails over to cellular or modem, so you remain connected
  • Secure: Meets enterprise security requirements for remote management
  • Central Manager: ION™ PRIISMS Secure Access Gateway delivers fast, highly secure point-and-click web access to remote equipment
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