Home | | | API Technologies Announces First North American Order for its Explosive Disposal Robot API Technologies Announces First North American Order for its Explosive Disposal Robot

API Technologies Announces First North American Order for its Explosive Disposal Robot

RONKONKOMA, NY – (PRNewswire) - July 21, 2010 – API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, announces that it has completed the sale of the teleMAX™ Explosive Ordnance Disposal (EOD) Robot to the City of Atlanta, Georgia. The total sale, API’s first in North America, is valued at approximately $300,000. The EOD robot is for use at the Hartsfield-Jackson Atlanta International Airport, the world’s busiest passenger airport, which serves approximately 88 million passengers per year.

The teleMAX™ robot weighs 175 pounds, is compact enough to fit into a truck or van and can be easily lifted by two people. It is mass-transit capable, making it ideal for use in aircraft, trains, buses, subways, and public spaces. The robot can easily climb stairs and inclines at an angle of up to 45°, access confined spaces and roll down the center aisle of a passenger jet. In addition, the robot’s operator can remain at a significant and safe distance when the robot is in use.

The teleMAX™ robot was recently featured on the May 2010 cover of Unmanned Systems Magazine.

The City of Atlanta represents the latest high-profile customer of API Technologies whose robotic capabilities include the teleMAX™ and tEODor™ EOD robots, as well as the M2P2™ inspection and surveillance robot. 

API Technologies CEO Steve Pudles said, “Atlanta’s purchase of the teleMAX™ robot represents API’s first North American sale of this product. The Company anticipates a great market opportunity as other cities within North America learn about the robot’s capabilities and discover what it can offer security forces charged with protecting a large population. We foresee considerable potential for sales as this technology, which has already been deployed in dozens of other countries, becomes more widely appreciated and put into service throughout the continent.” 

About API Technologies Corp.
The Company is a prime contractor in engineered systems, components and secure communications to the global defense and aerospace industry. API Technologies’ customers include the governments of the U.S., Canada, the United Kingdom, NATO and the European Union, as well as many of the leading Fortune 500 companies. The Company is engaged in providing innovative design, engineering and manufacturing solutions to its customers. API Technologies trades on the OTC Bulletin Board under the symbol ATNY. For further information, please visit the company website at www.apitech.com.

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, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets, and the effect of growth on our infrastructure. 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. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements in this press release, whether as a result of new information, future events, or otherwise.


Investor Relations
Jonathan Pollack
Executive Vice President
API Technologies Corp.
The Investor Relations Group
James Carbonara or Adam Holdsworth, 212-825-3210

Media Relations
Tara Flynn Condon
Director, Marketing
API Technologies Corp.
The Investor Relations Group
Mike Graff or Enrique Briz, 212-825-3210