Home | | | API Technologies Wins ECN IMPACT Awards: Recognized for Outstanding Achievement in Electronic Design and Groundbreaking Innovation API Technologies Wins ECN IMPACT Awards: Recognized for Outstanding Achievement in Electronic Design and Groundbreaking Innovation

API Technologies Wins ECN IMPACT Awards: Recognized for Outstanding Achievement in Electronic Design and Groundbreaking Innovation

ORLANDO, Fla.– (Business Wire) – May 27, 2014  API Technologies Corp. (NASDAQ:ATNY) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for critical and high-reliability applications, today announced that it has been recognized by Electronic Component News (ECN) with two 2014 ECN IMPACT Awards, presented during the Electronic Distribution Show (EDS) held earlier this month. 

Judged by panel of industry experts, the awards recognize outstanding achievement in electronic design and groundbreaking innovation. 

API took top honors in the Power Sources and Conditioning category for the TPS75, a 75 Amp commercial off-the-shelf (COTS) tactical power supply for military applications. API’s most recent addition to its power products offering, the TPS75 supports power-hungry applications, such as RF and mobile networks, while eliminating or reducing the need for tactical vehicle-based power. When fielded, the TPS also reduces fuel consumption and wear and tear on vehicles by eliminating run time to support powering fielded special ops equipment. 

As power demands grow, soldiers struggle to deliver critical power when and where it is needed. The API Technologies designed and manufactured solution offers soldiers the power and portability they need to reliably meet mission requirements. 

2014 year to date, the Company has received over $3.5 million in new orders for its Tactical Power Supply products. 

The Company was also recognized in the Contract Manufacturing Innovation category for its medical electronic manufacturing services (EMS) offering. In 2013, API added the ISO 13485:2003 medical certification to its extensive list of quality and military certifications. 

Bel Lazar, president and chief executive officer, API Technologies said, “At API, we are constantly striving to deliver cutting-edge products that overcome challenges, such as reliable power delivery to even the most remote locations. We are honored to have our innovative products and solutions recognized by a top industry journal such as ECN.” 

To explore the Company’s line of power products for commercial and defense customers, visit http://power.apitech.com. To learn more about API Technologies electronics manufacturing services capabilities, visit http://ems.apitech.com

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, millimeter wave, 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

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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.