API Technologies Awarded $1 Million Contract for Secure Rugged Laptops |
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API Nanotronics Corp.
375 Rabro Dr.
Hauppauge, NY, 11788
USA
Press release date: November 12, 2009
NEW YORK, NY - November 12, 2009 - API Technologies Corp. (OTCBB: ATNY) ("API" or the "Company"), a prime contractor in secure communications, electronic components and subsystems to the global defense and aerospace industry, today announced that its UK division has been awarded a contract from Roke Manor Research, a division of Siemens AG, that together with options is worth approximately $1 million (£600,000).
The contract was received by the Company's Secure, Systems & Technology Ltd. ("SST") division in the UK. SST will provide modified military rugged TEMPEST laptops to the UK Government as part of the UK Forces Land Electronic Warfare (EW) enhancement program.
"This is another significant order for our Company and for our UK division, SST. We continue to invest resources in this operation as we are very excited with the prospects for expanding our business in the UK and throughout Europe and other NATO countries," said Stephen B. Pudles, Chief Executive Officer of API Technologies Corp. "Once again, API is working with leading government agencies around the world to provide them with critical secure communications equipment."
Matthew Richards, Managing Director of SST, said, "This contract is further recognition of SST's expertise and capability in meeting both the technical and timescale challenges of our diverse customer base."
About API Technologies Corp. (OTCBB: ATNY)
The Company is engaged as a prime system contractor in secure communications and a leading provider of electronic components and subsystems. API Technologies' customers include the U.S. Department of Defense (DoD) and its prime contractors, U.S. Government intelligence agencies, the U.S. Department of Homeland Security (DHS), U.S. Department of State (DoS) and U.S. Department of Justice (DoJ), including various government and prime contractors of Canada, the United Kingdom, NATO and the European Union. The Company is engaged in providing innovative design, engineering and manufacturing solutions to its customers. The Company has also developed expertise in the R&D and manufacture of nanotechnology and MEMS products. API Technologies trades on the OTC Bulletin Board under the symbol ATNY. For further information, please visit the company website at www.apitech.com and its subsidiaries www.cryptek.com and www.sst.ws/apicryptek.php.
For further information, please contact:
Steven H Bulwa API Technologies Corp. Director of Corporate Communications +1 877-API-0-API investors@apitech.com
Jon Hawkins Secure Systems & Technologies Ltd Tel +44 (0) 1452 557233 jon.hawkins@sst.ws www.sst.ws
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