API Receives New $3.6 M Product Order for Commercial Aviation Electronics

September 03, 2014

-

API Technologies Corp. (NASDAQ: ATNY ) ("API" or the "Company"), a leading provider of high performance RF/microwave, power, and security solutions for high-reliability applications, announced today it has received a new, $3.6 million order for microelectronics modules to be used in a major commercial airplane platform. The orders are scheduled for delivery throughout 2015.

"Growth in the commercial aviation market has fueled new demand for sophisticated, high reliability electronics. Given API's differentiated product portfolio, technical expertise, and aviation heritage, we have emerged as a key technology partner in the commercial aviation community. This order gives testament to our product quality and ability to meet the most exacting customer requirements," said Bel Lazar, President and Chief Executive Officer, API Technologies .

Source : API Technologies Corp.