ORLANDO, Fla., July 19, 2011 /PRNewswire/ -- API Technologies Corp. (NASDAQ: ATNY) ("API" or the "Company"), a provider of electronic systems, subsystems, RF, and secure solutions for the defense, aerospace, and commercial industries, today announced it has been awarded new contracts valued, in aggregate, at $2.7 million to produce circuit card assemblies for use in counter-explosive equipment under the Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare (JCREW) program. API's Electronics Manufacturing Services (EMS) / SenDEC division was awarded the order by a major defense electronics systems integrator and will be used by the U.S. Armed Forces at home and abroad.
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Bel Lazar, API Technologies' President and Chief Operating Officer, commented, "As a leading solutions provider for the detection and disposal of Improvised Explosive Devices (IEDs), we are pleased by this award and the value it will bring to our soldiers and bomb squads, as well as the general public, in various locations across the world."
About API Technologies Corp.
The Company, through its subsidiaries, 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.
Investor Relations Contact:
Bel Lazar
President and Chief Operating Officer
+1-877-274-0274
[email protected]
Chris Witty
Darrow Associates
+1-646-438-9385
[email protected]
SOURCE API Technologies Corp.
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