API Technologies Reports Results for the Fiscal Second Quarter Ended May 31, 2015

ORLANDO, Fla.– (PR Newswire) – July 7, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced results for the fiscal second quarter ended May 31, 2015.

Results for the Quarter Ended May 31, 2015

API Technologies reported fiscal second quarter revenue of $52.3 million. For the fiscal second quarter of 2015, GAAP gross margin as a percentage of sales was 21.0%; non-GAAP gross margin was 22.2%.

The Company posted a net loss of $4.3 million for the fiscal second quarter. Adjusted EBITDA for the fiscal second quarter of 2015 was $3.9 million, or 7.4% of revenue.

Results for the Six Months Ended May 31, 2015

API Technologies Names New Vice President of Continuous Improvement: Newly Created Role to Drive Cost Efficiencies, Delivery Excellence and Process Improvements Across Worldwide Organization

ORLANDO, Fla.– (PR Newswire) – June 30, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that Domingo Isasi has been named to the newly created role of Vice President of Continuous Improvement for API Technologies, effective June 29, 2015. In this new position, Mr. Isasi will report to API Technologies’ President and CEO and lead worldwide continuous improvement efforts related to delivery, quality, and reliability excellence, as well as drive cost-efficiency initiatives.

Model 254, Low Passive Intermodulation Fixed Coaxial Attenuator

Low PIM (IM3 to -150 dBc) design. Operates DC-6.5 GHz, up to 175 Watts. Available in 10, 20, 30, 40 dB. Other values available upon request. Choice of Type N or SMK (2.92mm) connectors.

API Technologies Announces Second Quarter Earnings Call

ORLANDO, Fla.– (PR Newswire) – June 24, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions, today announced that it would issue its earnings release for the fiscal second quarter ended May 31, 2015 after the market closes on July 7, 2015, followed by a 4:45 p.m. Eastern Time call to review the Company’s results. Robert Tavares, President and Chief Executive Officer, and Claudio Mannarino, Senior Vice President and Chief Financial Officer, will host the call.

The call will be available by dialing 1-877-317-6789 or 1-412-317-6789 and accessible by webcast at http://www.apitech.com/investor-relations. Recorded replays of the webcast will be available on the Company’s Investor Relations App, for 30 days on the Company’s website, and by telephone at 1-877-344-7529 or 1-412-317-0088, replay passcode #10068068, beginning 6 p.m. Eastern Time on July 7, 2015.

API Technologies Hires New Vice President of Worldwide Sales: Strategic Sales Executive with Successful Track Record in High Performance Electronics for Defense and Commercial Customers

ORLANDO, Fla.– (PR Newswire) – June 11, 2015 - API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF, microwave, millimeterwave, power, and security solutions today announced that Don Barnas has been named the Company’s new Vice President Worldwide Sales, effective June 8, 2015. In this role, Mr. Barnas will lead the Company’s worldwide sales, customer service, and field engineering teams to drive customer adoption of API’s full range of subsystem, module, and component products.

Weinschel Brand Products

Weinschel's product offering includes fixed attenuators for test, metrology and space applications; continuously variable, manual step, solid-state digital step and programmable step attenuators; high power terminations; resistive splitters and dividers; manual phase shifters; Planar Blind-Mate ®, Planar Crown ® connectors.

Inmet Brand Products

Product solutions include the POWERFILM™ line of surface mount resistive components, coaxial signal conditioning products to 65 GHz, and coaxial test cable assemblies.

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