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API Technologies Receives $3.8 Million Order to Provide Microwave Products for Defense SATCOM Systems

ORLANDO, Fla.--API Technologies Corp. (NASDAQ: ATNY), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, has received a new $3.8 million order to provide advanced microwave electronic products for use in defense satellite communication (SATCOM) systems from a major US defense contractor / Fortune 500 company.

“We are pleased to leverage our extensive experience and heritage in high-reliability and space level microwave technology in support of our national defense and a long-time, valued customer.”

“Satellite communications systems are essential for sharing vital intelligence on or off the battlefield,” said Bel Lazar, President and Chief Operating Officer of API Technologies. “We are pleased to leverage our extensive experience and heritage in high-reliability and space level microwave technology in support of our national defense and a long-time, valued customer.”

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.apitechnologies.com.


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