April 25, 2007 -- API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components to the defense and communications sectors, is pleased to announce that its National Hybrid division has introduced the smallest Mil-Std-1553 integrated terminal available.
As part of the NHI-156XXPBGA family of products, this low-cost terminal is targeted for high-volume defense markets such as GPS-guided vehicles, allowing sophisticated programmed instructions and data to be downloaded from stationary or airborne control centers. A broad range of applications will be pursued by API's sales and marketing team. The highly reliable plastic construction of the product allows it to meet harsh environmental requirements, while remaining cost effective in high-volume markets.
Phillip DeZwirek, Chairman and CEO of API, stated, "This product is further validation of the advanced research and development capabilities of our company. With initial production units already being shipped, this achievement demonstrates the engineering capabilities and state-of-the-art manufacturing processes that enable us to bring unique, high quality products to market quickly."
About API Nanotronics Corp. (OTCBB: APIO)
API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems and Keytronics, is engaged in the manufacture of electronic components and systems for the defense and communications industries. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships off-the-shelf and custom designed products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, Connecticut and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com
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Except for statements of historical fact, the information presented herein constitutes forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, 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. Such factors include 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 and other factors over which API Nanotronics Corp. and its subsidiaries and affiliates have little or no control.
ON BEHALF OF THE BOARD
API Nanotronics Corp.
Philip DeZwirek, CEO