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.
Bob Tavares, President and CEO of API, said: “Don is a seasoned professional with a demonstrated track record of sales growth in the commercial and defense markets. His impactful leadership will accelerate activity at key accounts and target market segments to drive sales and pipeline expansion, which will enable API to deliver top line growth and shareholder value. I am pleased to welcome Don to API and look forward to his leadership and contributions to our growth initiatives.”
Mr. Barnas joins API Technologies with nearly thirty years of experience in highly engineered technologies spanning RF, microwave, and microelectronics. Most recently, Mr. Barnas served as Vice President of Sales – Americas, for Richardson RFPD, an Arrow Company, where he led a team of over 100 sales professionals and field application engineers. Mr. Barnas has also held leadership roles in sales, business development, and engineering design at Aethercomm, M/A-COM, and General Dynamics Corporation. Mr. Barnas holds a B.S. degree in Electrical Engineering from the Illinois Institute of Technology.
About API Technologies Corp.
API Technologies (NASDAQ: ATNY) is an innovative designer and manufacturer of high performance systems, subsystems, modules, and components for technically demanding RF, microwave, millimeterwave, electromagnetic, power, and security applications. A high-reliability technology pioneer with over 70 years of heritage, API Technologies products are used by global defense, industrial, and commercial customers in the areas of commercial aerospace, wireless communications, medical, oil and gas, electronic warfare, unmanned systems, C4ISR, missile defense, harsh environments, satellites, and space. Learn more about API Technologies and our products 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, including those related to API’s ability to deliver top line growth and shareholder value, 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 include, but are not limited to, general economic and business conditions, including without limitation, reductions in government defense spending; government regulations; our ability to integrate and consolidate new operations; and our ability to expand our operations in both new and existing markets. 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. The forward-looking statements in this news release should be read in conjunction with the more detailed descriptions of the above factors located in our Annual Report on Form 10-K under Part I, Item 1A “Risk Factors” as well as those additional factors we may describe from time to time in other filings with the Securities and Exchange Commission. 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.