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


ORLANDO, FL - API Technologies Corp. (NASDAQ:ATNY) ("API", "API Technologies", or the "Company"), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced that is has received a new $1.6 million order to provide engineered solutions for critical transportation applications. This order includes the manufacture of highly technological electronics, including advanced circuit boards and assemblies, and will be delivered to a global Fortune 50 customer.

"The award represents an expansion of this transportation customer's long-time relationship with API," said Bel Lazar, President and Chief Operating Officer of API Technologies. "Our growing presence within the industrial arena is a reflection of our high-reliability products and the quality services we deliver."

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.

API Technologies Corp.

4705 S. Apopka Vineland Road

Suite 210

Orlando, FL 32819 US

investors@apitech.com

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