ORLANDO, Fla., August 1, 2013 — 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 it will provide its power entry panels for use in U.S Department of Defense (DoD) operations mobile command and control shelters.
The power entry panels are part of a DoD Size, Weight, and Power (SWaP) initiative, aimed at making equipment smaller and more easily man-portable for in-field service. The power entry panels feature 60 AMP, 3 Phase, 120 / 208 VAC and 200 AMP options, 28 VDC power distribution; two battery chargers; and power quality monitoring. A low voltage disconnect is also incorporated to protect the vehicle battery from falling below optimum crank voltage. The power entry panels meet MIL-STD-461 and MIL-STD-810 requirements and have a proven size and weight-reduced design for improved efficiency and serviceability.
Power & Systems Solutions by API Technologies offer defense, military, and commercial customers superior power distribution products, as well as box builds, build-to-print services, and explosive ordnance disposal (EOD) disrupter accessories. API is a leading manufacturer of AC and DC power distribution products, circuit protection systems, power rectifiers, and award-winning EOD products under the product brands Spectrum Power™, API Electronics™, TM Systems™, Hawki™, and Cobra Sight™. For more information on power products from API Technologies, visit power.apitech.com.
About API Technologies Corp.
API Technologies designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. API Technologies' customers include many leading Fortune 500 companies. API Technologies trades on the NASDAQ under the symbol ATNY. For further information, please visit the Company website at www.apitech.com.
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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 include but are not limited to, general economic and business conditions, government regulations, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets, the ability of our review of strategic alternatives to maximize stockholder value 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. 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.