API Technologies Receives $1 Million Military Aerospace Transceiver Order
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RONKONKOMA, NY - October 19, 2010 - API Technologies Corp. (OTC.BB: ATNY), a provider of highly engineered products and services to the global defense sector, announced that it has received a new $1 million order for its National Hybrid(TM) MIL-STD-1553 transceivers. The order will be used by a Fortune 50 company in its line of military avionics equipment and will be manufactured in the Company's Pennsylvania facility.
About API Technologies Corp.
The Company, through its subsidiaries, is a prime contractor in engineered systems, components and secure communications to the global defense and aerospace industry. API Technologies' customers include the governments of the U.S., Canada, the United Kingdom, NATO and the European Union, as well as many of the leading Fortune 500 companies. The Company is engaged in providing innovative design, engineering and manufacturing solutions to its customers. API Technologies trades on the OTC Bulletin Board under the symbol ATNY. For further information, please visit the company website at www.apitechnologies.com.
