API Electronics Group and Rubincon Ventures Announce Closing of Merger And Commencement of Trading as API Nanotronics
New York, NY November 6, 2006 - API Electronics Group Corp. ("API") (OTCBB: AEGCF)
and Rubincon Ventures, Inc. ("Rubincon") (OTCBB: RBCV) today announced that, further to
the news release issued on November 1, 2006, the merger of the two companies has received
regulatory approval and has now closed. As previously disclosed, the merged corporation will
be known as API Nanotronics Corp. and will begin trading on the OTCBB on November 7, 2006
under the symbol APIO (OTCBB: APIO).
ABOUT API ELECTRONICS
API Electronics Group Corp., through its wholly owned subsidiaries API Electronics 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 Electronics trades
on the OTC Bulletin Board under the symbol AEGCF. For further information, please visit the
company website at www.apielectronics.com.
FOR FURTHER INFORMATION ON THE PROPOSED TRANSACTION CONTACT:
Bakerview Investor Relations, Inc. at 1-800-961-7228
