API Technologies Awarded $1 million Contract for Secure Rugged Laptops

NEW YORK, NY, Nov 12 (MARKET WIRE) --
API Technologies Corp. (OTCBB: ATNY) ("API" or the "Company"), a prime
contractor in secure communications, electronic components and subsystems
to the global defense and aerospace industry, today announced that its UK
division has been awarded a contract from Roke Manor Research, a division
of Siemens AG, that together with options is worth approximately $1
million (GBP 600,000).

The contract was received by the Company's Secure, Systems & Technology
Ltd. ("SST") division in the UK. SST will provide modified military rugged
TEMPEST laptops to the UK Government as part of the UK Forces Land
Electronic Warfare (EW) enhancement program.

"This is another significant order for our Company and for our UK
division, SST. We continue to invest resources in this operation as we
are very excited with the prospects for expanding our business in the UK
and throughout Europe and other NATO countries," said Stephen B. Pudles,
Chief Executive Officer of API Technologies Corp. "Once again, API is
working with leading government agencies around the world to provide them
with critical secure communications equipment."

Matthew Richards, Managing Director of SST, said, "This contract is
further recognition of SST's expertise and capability in meeting both the
technical and timescale challenges of our diverse customer base."

About API Technologies Corp. (OTCBB: ATNY)

The Company is engaged as a prime system contractor in secure
communications and a leading provider of electronic components and
subsystems. API Technologies' customers include the U.S. Department of
Defense (DoD) and its prime contractors, U.S. Government intelligence
agencies, the U.S. Department of Homeland Security (DHS), U.S. Department
of State (DoS) and U.S. Department of Justice (DoJ), including various
government and prime contractors of Canada, the United Kingdom, NATO and
the European Union. The Company is engaged in providing innovative design,
engineering and manufacturing solutions to its customers. The Company has
also developed expertise in the R&D and manufacture of nanotechnology and
MEMS products. API Technologies trades on the OTC Bulletin Board under the
symbol ATNY. For further information, please visit the company website at
www.apitech.com and its subsidiaries www.cryptek.com and
www.sst.ws/apicryptek.php.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein
constitutes forward-looking statements. All forward-looking statements are
subject to certain risks, uncertainties and assumptions which may cause
the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. These risks and
uncertainties, which are more fully described in the Company's Annual and
Quarterly Reports filed with the Securities and Exchange Commission,
include but are not limited to, general economic and business conditions,
the ability to acquire and develop specific projects, the ability to fund
operations and changes in consumer and business consumption habits, our
ability to protect our intellectual property, our ability to integrate
and consolidate our operations, our ability to expand our operations in
both new and existing markets, the effect of growth on our infrastructure
and the effect of competition in the secure communications, electronic
components, nano-optics and nanotechnology industries. Should one or more
of these risks or uncertainties materialize, or should the assumptions
prove incorrect, actual results may vary in material aspects from those
currently anticipated. All information in this release is as of the date
hereof. We undertake no duty to update any forward-looking statement to
conform the statement to actual results or changes in the Company's
expectations.

For further information, please contact:
Steven H Bulwa
API Technologies Corp.
Director of Corporate Communications
+1 877-API-0-API
investors@apitech.com

Jon Hawkins
Secure Systems & Technologies Ltd
Tel +44 (0) 1452 557233
jon.hawkins@sst.ws
www.sst.ws

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