API Technologies Receives $1.6 Million Order to Provide Engineered Solutions for Rail Transport Systems


ORLANDO, FL - API Technologies Corp. (NASDAQ:ATNY) ("API", "API Technologies", or the "Company"), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced it has received a $1.6 million order to provide critical electronic assemblies for rail transport systems to a Fortune 100 company.

"We are pleased when companies seeking high-reliability products for critical transportation systems turn to API as a trusted engineering and manufacturing partner. This order, from an existing customer, is testament to the quality and reliability of the solutions we provide," said Bel Lazar, President and Chief Executive Officer of API Technologies.

About API Technologies Corp.

AP I 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.apitech.com.

API Technologies Corp.

4705 S. Apopka Vineland Road

Suite 210

Orlando, FL 32819 US

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