NEW YORK, NY-- August 13, 2009 -- API Nanotronics Corp. (OTCBB: APIA) ("API" or the "Company"), a leading supplier of electronic systems and sub-systems, components, encryption, secure communications, nano-optics and nanotechnology products to the aerospace, defense and communications sectors today announced that its National Hybrid division (NHI) in collaboration with an industry partner, Pulse, a Technitrol company, have introduced Bus+™, the world's smallest 1553 data bus transceiver/transformer integrated into a single package.
Avionics and defense contractors require the best and most reliable components for their products, with miniaturization being a key characteristic, especially in air-borne applications. NHI and Pulse are proven leaders in the design and manufacture of components for MIL-STD-1553 data bus applications. As aircraft and remotely commanded vehicles become more sophisticated and capable, component manufacturers must respond with solutions that allow more functionality to be integrated into an ever-diminishing piece of board real-estate. This must be done through the use of high-technology miniaturization, allowing components to do more, in smaller formats that consume less power. NHI and Pulse have responded to this challenge by integrating the MIL-STD-1553 transceiver and transformer in a single package: the Bus+ offers customers superior flexibility and functionality in a low-power-consumption, small footprint package.
For more information on Bus+™ please see the product datasheet at:http://www.nationalhybrid.com:8080/downloads/bus_plus_datasheet.pdf
Stephen B. Pudles, Chief Executive Officer of API Nanotronics Inc., said, "1553 Data bus offers great opportunity for innovative companies. We are responding to market needs and developing new products for our customers. NHI recently partnered with Sital Technologies to develop Aries™, a superior 1553 data bus Terminal solution with an industry leading IP core. We have now partnered with Pulse, a world leader in miniature transformer design to offer customers Bus+. We are proud of this collaboration and have high expectations for this product."
"Pulse has partnered with NHI, a world class leader in MIL-STD-1553 data bus technology, to develop an integrated transceiver/transformer that allows avionics designers a higher level of design flexibility. By merging what has traditionally been two separate board level products into one, Bus+ will offer a truly innovative product utilizing the latest in manufacturing technologies to achieve higher levels of reliability and performance than what has been offered to industry in the past," explained Estro Vitantonio, General Manager of the Pulse Military/Aerospace Division.
About API Nanotronics Corp. (OTCBB: APIA)
API Nanotronics Corp., through its wholly owned subsidiaries API Cryptek Inc., EMCON Emanation Control Ltd., Ion Network Solutions, Secure Systems & Technologies Ltd. API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic systems and components 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, L-3 Communications, Rockwell Collins, Raytheon, ITT 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, Virginia, Gloucester, UK and Ontario, Canada. API Nanotronics trades on the OTC Bulletin Board under the symbol APIA. For further information, please visit the company website at www.apinanotronics.com and also at www.cryptek.com .
Pulse (www.pulseeng.com ), a Technitrol (NYSE: TNL) Company, is a worldwide leader in the design, manufacturing, and sales of sub-assembly electronic components. Pulse products are used in web infrastructure, computing, networking, communications, power conversion, defense and aerospace, automotive, wireless equipment and hand-held technologies, and gaming. State-of-the-art custom designs and catalog products position Pulse as a complete source for electronic OEMs, contract manufacturers, and ODMs. Pulse is a participating member of IEEE, ATIS, ETSI, HDMI, the DSL Forum, CommNexus, and MoCA.
Safe Harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements. All forward-looking statements are subject to certain risks, uncertainties and assumptions 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. These risks and uncertainties, which are more fully described in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include but are not limited to, 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, our ability to protect our intellectual property, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets, the effect of growth on our infrastructure and the effect of competition in the electronic components, nano-optics and nanotechnology industries. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated. All information in this release is as of the date hereof. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.