API Technologies Corporation, a prime contractor in secure communications, electronic components and subsystems to the global defense and aerospace industries, has been selected by a global Fortune 500 defense contractor to provide high-reliability magnetic components for use in radio communications systems deployed throughout the military and defense markets.  The multi-year contract is valued at over $8 million and will be produced at the company's Canadian facility under its Filtran brand.

The customer will integrate API's complex magnetic components into a number of radio communications systems in support of the U.S. military's Joint Tactical Radio System (JTRS) requirements, as well as network-centric operations worldwide.  

Stephen B. Pudles, Chief Executive Officer of API Technologies Corporation, stated, "This contract, together with other recent client orders, is further proof of the confidence API's global customers have in our Company's products and quality."

About API Technologies

The company is a prime contractor in sophisticated electronics, highly engineered systems, secure communications and electronic components and subsystems 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, visit www.apitech.com.

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