Api Nanotronics - A0LCW0
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":00 30.01.2007 (GMT+1)
API Nanotronics schließt Akquisition von National Hybrid Inc. ab - erwartet Umsatzsteigerung von 100%
TORONTO - 30 Januar, 2007 - API Nanotronics, Corp. (ISIN US03761M1045 / WKN A0LCW0) ("API") ("das Unternehmen") ist erfreut den Abschluss der Akquisition von National Hybrid Inc. und deren Tochtergesellschaft Pace Technology Inc. bekannt zu geben. National Hybrid ist ein in Privatbesitz befindliches Unternehmen aus New York, das sich auf die Produktion wichtiger Komponenten für den US-Verteidigungsmarkt spezialisiert hat. API Nanotronics übernahm mit Abschluss der Transaktion 100% der National Hybrid-Aktien für 9,75 Millionen US-Dollar.
Phillip DeZwirek, Chairman und CEO of API erklärte: "Diese Akquisition hat APIs Produktangebot erheblich erweitert und stärkt unsere Forschungs- und Produktionsmöglichkeiten, jetzt da wir den Schritt in die nächste Wachstumsphase der Nanotechnologie machen. Die Akquisition verdoppelt zudem APIs Umsätze und verfestigt die Position des Unternehmens als ein wichtiger Lieferant entscheidender, elektronischer Komponenten für das US-Verteidigungsministerium und führende Anbieter im Verteidigungssektor."
National Hybrid ist spezialisiert auf die Herstellung von 1553-Datenbus-Produkten, hochdichten Multichipmodulen und maßgeschneiderte, hochmoderne Hybrid-Mikroschaltkreisen. Unter National Hybrids Kunden befinden sich Raytheon, Lockheed Martin, Northrop Grumman, das Verteidigungsministerium und viele andere.
National Hybrid ist zurzeit dabei, eine fortgeschrittene Produktionsstätte für Mikro-Elektro-Mechanische Systeme (MEMS) fertig zu stellen, in der die modernsten Forschungs- und Entwicklungskapazitäten im Bereich Nanotechnologie untergebracht sind. Nach ihrer Fertigstellung, geht man davon aus, wird dies eine der modernsten MEMS-Mikroproduktionsstätten in Nordamerika sein.
Mr. DeZwirek führte weiter aus: "Der Zusammenschluss mit National Hybrid wird es API Nanotronics erlauben, das Ziel, eine Diversifizierung hin zu Produkten, die auf MEMS und Nanotechnologie basieren, zu erreichen. Diese Akquisition macht API Nanotronics zu einem "One-Stop-Shop" für die fortgeschrittensten Anforderungen der führenden Verteidigungsunternehmen. Bestehenden Kunden haben bereits ihr Interesse daran bekundet, gemeinsam mit API daran zu arbeiten, Produkte der nächsten Generation zu entwickeln, die auf APIs gerade erworbenen MEMS-Kapazitäten basieren. Wir sind der Ansicht, dass diese Akquisition API in eine ausgezeichnete Ausgangslange bring, um unsere Wachstumsziele zu erreichen."
Über API Nanotronics Corp.
API Nanotronics Corp. ist über ihre 100%-igen Tochtergesellschaften API Electronics Inc., Filtran Group, TM Systems und Keytronics in der Herstellung elektronischer Komponenten und Systeme für die Verteidigungs- und Kommunikationsindustrie tätig. Ihre wachsende Liste von Blue-Chip- Kunden umfasst Firmen wie Honeywell/Allied Signal, General Dynamics, Lockheed Martin und zahlreiche sonstige Technologie basierte Firmen in aller Welt, so dass API regelmäßig massengefertigte und maßgeschneiderte Produkte an Kunden in mehr als 34 Ländern sendet. API besitzt auf dem neuesten Stand der Technik befindliche Fertigungs- und Technologiezentren in New York, Connecticut und Ontario, sowie Fertigungskapazitäten in China und ein Vertriebszentrum in Großbritannien. API Electronics ist am OTC- Bulletin Board (Freiverkehr) unter dem Symbol APIO notiert. Weitere Informationen stehen auf unserer Website unter www.apinanotronics.com > zur Verfügung.
Vorausschauende Aussagen:
Diese Pressemitteilung kann prognoseartige Aussagen enthalten. Alle prognoseartigen Aussagen erfolgen vorbehaltlich bestimmter Risiken, Unsicherheiten und Annahmen. Zu diesen Risiken und Unsicherheiten, die in den bei der US-Securities and Exchange Commission eingereichten Jahres- und Quartalsberichten von API beschrieben werden, zählen unter anderem Änderungen der Marktbedingungen in den Branchen, in denen das Unternehmen tätig ist. Sollten bestimmte Risiken bzw. Unsicherheiten Wirklichkeit werden, bzw. die Annahmen sich als unrichtig erweisen, können die tatsächlichen Ergebnisse sich wesentlich von denen unterscheiden, die zurzeit erwartet werden.
In Vertretung des Boards
API Nanotronics Corp.
--------------------------------
Philip DeZwirek, CEO
Weitere Informationen erhalten Sie von:
Bakerview Investor Relations, Inc.
Tel. +1-800-961-7228 "
Between April 30, 2008 and May 30, 2008 API Nanotronics Corp. (the "Company") accepted subscriptions for 111,900,000 shares of its common stock for $0.05 per share sold in private placement transactions to (i) investors located outside the United States, which sales were made pursuant to Regulation S under the Securities Act of 1933, and (ii) accredited investors located inside the United States, which sales were made pursuant to Regulation D under the Securities Act of 1933. All sales were exempt from registration under such act pursuant to such regulations. No underwriter was involved in such sales and the gross proceeds of such sales were $5,595,000. Following such sales and the issuance of the subscribed shares, there will be 486,993,355 shares of common stock of the Company outstanding and 35,077,750 exchangeable shares of API Nanotronics Sub, Inc. outstanding that are exchangeable for common stock of the Company at any time at the option of the holder without additional consideration.
Quelle SEC Filing
Gruß
MadX
The Nano 50 honors the top 50 technologies, products and innovators that have significantly impacted, or are expected to impact, the nanotechnology industry. The winners of the Nano 50 awards are the most innovative people and designs that will move nanotechnology to key mainstream markets. Judged by a panel of nanotechnology experts, the technologies, products and innovators receiving the 50 highest scores were Nano 50 award winners. The Nano 50 Awards Dinner will be held at the NASA Tech Briefs National Nano Engineering Conference in Boston, November 12 and 13, 2008. The full list of winners can be viewed at the Nanotech Briefs website http://www.nanotechbriefs.com/nano50/nano50_winners_08.html.
Leider keine Aussagen zum Kurs.
Hoffen wir, dass noch etwas kommt.
Gruß an alle, die hier investiert sind.
PHK
- Annual Revenue Increases Over 50%
- Looking to the Future, API Makes Large Investment in Nanotechnology While Implementing Major Operational Improvement Initiative to Maximize Profitability
NEW YORK, NY--(Marketwire - August 26, 2008) - API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced operating results for the three-month and twelve-month periods ended May 31, 2008.
Financial Highlights for Fiscal 2008
-- Record revenue of $31 million, compared to $20.5 million in 2007, an
increase of over 50%. Revenue in 2008 included a full-year contribution
from the National Hybrid Group, acquired by API on January 24, 2007;
-- GAAP Net loss for the year was $6.6 million or $0.02 per share,
compared with a net loss of $1.0 million or $0.00 per share in the previous
year. The loss includes non-cash charges related to a provision for
inventory, stock-based compensation and depreciation totaling $4.9 million.
Excluding these non-cash charges and nanotechnology R&D expenses of $3.5
million, non-GAAP net income was $1.8 million versus $1.8 million in the
previous year;
-- GAAP Gross margins were 17.7% compared to 24.4%. Excluding the one-
time inventory write-down of $2.8 million, non-GAAP gross margins increased
2.4% to 26.8%. The inventory reserve is a more conservative business
approach in analyzing inventory;
-- The Company ended the year with a strong balance sheet with cash and
marketable securities totaling more than $3.1 million, a current ratio over
3.73, and no long term debt; and
-- Backlog remains robust at over $16 million.
Financial Highlights for the Fourth Quarter 2008
-- Revenue for the fourth quarter of fiscal 2008 was a record $8.8
million, a 13% increase over the $7.9 million recorded in the same period
of fiscal 2007;
-- GAAP net loss of $3.6 million or $0.01 per share, compared to a loss
of $0.2 million or $0.00 per share for the same period of fiscal 2007. The
loss includes non-cash charges related to a provision for inventory, stock-
based compensation and depreciation totaling $3.5 million. Excluding these
non-cash charges and nanotechnology R&D expenses of $1.1 million, non-GAAP
net income increased to $1.0 million versus $.6 million in the previous
year's quarter.
Reconciliations of non-GAAP measures to GAAP net cash used by operations, gross margins, and net profit (loss) are included at the end of this release.
Operational Highlights
-- In April 2008, API Nanotronics named Stephen B. Pudles as Chief
Executive Officer. Mr. Pudles brings extensive industry experience in
operations, product development and sales to API. He succeeds Philip
DeZwirek, who remains Chairman of the Board;
-- In February 2008, in partnership with Israel's Sital Technologies,
National Hybrid introduced its new Aries line of 1553 communication
products which are pick-and-place compatible with competitors' devices,
demonstrating API's design and engineering capabilities and expanding its
target markets;
-- In November 2007, API Nanotronics delivered its first nanotechnology
order of its proprietary Subwave™ IR Cut Filters to a leading digital
imaging component supplier helping enable digital cinematography;
-- In October 2007, through its NanoOpto subsidiary, API Nanotronics
introduced its first nanotechnology product, a proprietary line of UV
polarizers;
-- In August 2007, API Nanotronics commenced operations at its newly
acquired nanotechnology facility; and
-- In July 2007, the Company acquired the assets of NanoOpto Corp. This
acquisition provided API with state-of-the-art intellectual property and
facilities and positioned it as a top tier nanotechnology research and
manufacturing partner to government and industry. The Company currently
operates the largest Atomic Layer Deposition (ALD) facility in North
America.
Profitability Initiative
-- In order to enhance efficiencies, the Company recently commenced the
consolidation of certain operations, including the winding down and
relocation of several locations. Management expects to conclude the
consolidation process by the end of the current fiscal year at which time
the Company will operate in three primary manufacturing facilities, down
from eight. This consolidation of operations is expected to result in
reduced overhead expenses and greater overall efficiencies and
profitability.
Stephen B. Pudles, Chief Executive Officer of API Nanotronics Corp., said, "My mandate at API has been to help the Company capitalize on its unique position and opportunities. In the short time I have been here, we have made significant efforts to improve profitability while investing in the Company's future. While there is still much to do, I am pleased with the results thus far and look forward to the coming year."
About API Nanotronics Corp. (OTCBB: APIO)
API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic components and systems for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com
In this press release, API has provided a non-GAAP financial measure for (i) net cash provided by operations to reflect its financial results without inventory reserves, depreciation, and stock-based compensation expense, (ii) gross margins to reflect its financial results without inventory reserve, and (iii), net profit (loss) to reflect its financial results without stock-based compensation expense. Management believes the non-GAAP presentations make it easier for investors to compare current and historical period operating results. These are not recognized measures under US GAAP, do not have a standardized meaning, and are unlikely to be comparable to similar measures used by other companies. Accordingly, investors are cautioned that these non-GAAP measures should not be construed as an alternative to net earnings or loss determined in accordance with GAAP as an indicator of the financial performance of the Company or as a measure of the Company's liquidity and cash flows.
The following table reconciles annual GAAP net income Year Year
(loss) to non-GAAP net income (loss). ended ended
(In millions) May 31 May 31
2008 2007
GAAP net income $ (6.6) $ (1.0)
Inventory reserves $ 2.8 $ --
Research and development expenses $ 3.5 $ 0.3
Depreciation $ 1.2 $ 1.0
Stock-based compensation expense $ 0.9 $ 1.5
Non-GAAP net income $ 1.8 $ 1.8
The following table reconciles GAAP Gross Margins to Year Year
non-GAAP Gross Margins. ended ended
(In millions except percentages) May 31 May 31
2008 2007
GAAP Gross margin $ 5.5 $ 5.0
GAAP Gross margin % 17.7% 24.4%
Inventory Reserve $ 2.8 $ --
Non-GAAP Gross margin $ 8.3 $ 5.0
Non-GAAP Gross margin % 26.8% 24.4%
The following table reconciles fourth quarter GAAP net
income (loss) to non-GAAP net income (loss).
Net Income (Loss) (In millions) Q408 Q407
GAAP Net income (loss) $ (3.6) $ (0.2)
Inventory Reserve $ 2.8 --
Research & Development $ 1.1 $ 0.2
Depreciation $ 0.4 $ 0.3
Stock-based compensation expense $ 0.3 $ 0.3
Non-GAAP Net income (loss) $ 1.0 $ 0.6
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 expand our operations in both new and existing markets, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets and the effect of growth on our infrastructure and the effect of competition in the 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 August 25, 2008. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
Contact:
Steve Bulwa
Director of Corporate Communications
API Nanotronics Corp.
1-877-API-O-API (274-0274)
investors@apinanotronics.com
NEW YORK, NY -- (MARKET WIRE) -- 09/02/08
http://media.marketwire.com/attachments/200706/...051205&sourceType=1
API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced a $4.7 million order from Rockwell Collins for custom communication components.
The order, received by API's National Hybrid division, is for a series of custom MIL 1553 multi chip modules (MCMs), hybrids and custom packaged transistors for defense communications applications. The order will be delivered over a maximum of 32 months. API holds a significant patent portfolio covering the hybrid and packaging technologies that will be incorporated into these devices.
Stephen B. Pudles, Chief Executive Officer of API Nanotronics Corp., said, "This is a significant order to a prestigious customer and a testament to the quality of API's products and our ability to service the world's leading technology companies."
About API Nanotronics Corp. (OTCBB: APIO)
API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic components and systems for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com
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 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.
CONTACT:
Steve Bulwa
Director of Corporate Communications
API Nanotronics Corp.
1-877-API-O-API (274-0274)
Email Contact
NEW YORK, NY--(Marketwire - September 03, 2008) - API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components, nano-optics and nanotechnology research and development to the defense and communications sectors, today announced that its Board of Directors has unanimously approved a one-for-fifteen consolidation of the Company's outstanding common shares and exchangeable shares, following approval by its shareholders on August 20, 2008.
It is anticipated that the reverse stock split will be effective on close of business Friday, September 19, 2008, when API files a charter amendment with the Secretary of State of the State of Delaware for its common shares and articles of amendment under the Ontario Business Corporation Act for its exchangeable shares. In connection with the reverse split, API will be designated a new ticker symbol at the sole discretion of the OTC Bulletin Board, which is still to be determined. It is expected that the common shares will be quoted on the OTC Bulletin Board post-split at market open on Monday, September 22, 2008.
As a result of the reverse stock split, every fifteen of API's common shares or exchangeable shares will be consolidated into one new common share or new exchangeable share, respectively. The reverse split will reduce the number of API's common shares and exchangeable shares outstanding from approximately 522,077,355 million to approximately 34,805,157 million. Furthermore, proportional adjustments will be made to API's stock options and other equity incentive awards, equity compensation plans and convertible securities.
"The reverse split is part of our overall strategy to achieve the optimal capital structure for API," stated Phillip DeZwirek, Chairman of API. "With this action we enable ourselves to move towards accomplishing a number of our immediate goals: 1) simplify our investors' understanding and visibility of our earnings on a per share basis, 2) attract and retain long term institutional shareholders through a higher share price and manageable share count, and 3) significantly reduce administrative, transaction and regulatory costs related to the number of shares authorized and outstanding."
API will not issue fractional shares as a result of the reverse stock split. Any fractional shares which might result from the reverse split will be rounded up to the nearest whole share.
About API Nanotronics Corp. (OTCBB: APIO)
API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic components and systems for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com
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 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.
CONTACT:
Steve Bulwa
Director of Corporate Communications
API Nanotronics Corp.
1-877-API-O-API (274-0274)
investors@apinanotronics.com
High Performance PBS/C utilizes nanometer-scale grating arrays and atomic layer de-position (ALD) for excellent optical performance and environmental stability.
(Click here for details)
High Performance PBS/C utilizes nanometer-scale grating arrays and atomic layer de-position (ALD) for excellent optical performance and environmental stability.
SOMERSET, NJ--(Marketwire - September 08, 2008) -
Highlighted Links
NanoOpto
API Nanotronics Corp. (OTCBB: APIO) wishes to announce that its wholly owned NanoOpto division is pleased to introduce a new high performance polarizing beam splitter/combiner (PBS/C). The devices are used to combine light from two input beams into a single output beam (PBC mode) or to separate the orthogonal polarization components of an input signal into two output beams (PBS mode).
These advanced optical devices are optimized for operation at either 1310 nm or 1550 nm with the following specifications:
Extinction Ratio Transmission
Transmission channel (Tx) > 1000:1 ( > 30dB) > 95.5% (IL=0.2dB)
Reflection channel (Rx) > 320:1 ( > 25dB) > 93.5% (IL=0.3dB)
NanoOpto's PBS/C are nanofabricated directly on thin glass substrates using proprietary processes, resulting in a product with a small form factors and great shape and size versatility, in contrast to conventional large crystal PBS/C products. The NanoOpto devices can be produced on BK7, SBL7, or similar substrates with thicknesses ranging from 0.2 mm to 1.6 mm and sizes from 0.5mmX0.5mm to 15mmX15mm. The operating range is -40 to 80°C. Custom specifications and larger sizes are also possible.
NanoOpto's PBS/C have applications in telecom, scientific equipment such as Raman amplifiers, polarization division Mux/DeMux, polarization switches, variable optical attenuators, and general fiber networks.
Pricing at 100 piece quantity of a 15mmX15mm square 1310 nm or 1550 nm PBS/C on BK7 substrate is $625. Our PBS/C with Rx of 100:1 are still available.
Notice Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to certain risks, uncertainties and assumptions. These risks and uncertainties, which are more fully described in API's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include changes in market conditions in the industries in which the Company operates. 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.
Technical Contact:
Thomas Tombler, Ph.D.
732-627-0808 x2295
Email: ttombler@nanoopto.com
www.nanoopto.com
Editorial Contact:
Steve Bulwa
Director of Corporate Communications
API Nanotronics Corp.
1-877-API-O-API (274-0274)
Email: sbulwa@apinanotronics.com
NEW YORK, NY -- (MARKET WIRE) -- 09/09/08
http://media.marketwire.com/attachments/200706/...051205&sourceType=1
API Nanotronics Corp. (OTCBB: APIO) ("API") (the "Company"), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, today announced it concluded a development agreement with a leading semiconductor capital equipment company, to develop proprietary high-performance Deep UV polarizers for next generation lithography equipment. API's deep UV polarizers represent an outstanding example of nanotechnology achieving major commercial applicability.
"The future of semiconductor fabrication lies in the deep UV," Dr. Martin Moskovits, API's CTO and nanotechnology expert said. "And we believe that API's nano-grating-based optical technology is the best available technology to manage UV over the large areas required to process large wafers." The proprietary deep-UV optical nano-products are manufactured at API Nanotronics' nanofabrication and MEMS facility, NanoOpto, in Somerset, New Jersey, which includes one of the world's largest multi-wafer atomic layer deposition production capabilities.
This agreement represents the latest of several joint projects API has undertaken with an impressive list of leading technology companies to develop ground breaking products by applying its nanotechnology processes to display, communications, defense, medical and life sciences and alternative energy applications. API is now positioned as a solutions-based optics and MEMS engineering enterprise with an identified addressable market exceeding $7B in defense and consumer products.
Stephen B. Pudles, Chief Executive Officer of API Nanotronics Inc., said, "It is highly gratifying to see that API's nanotechnology and MEMS capabilities are being recognized as cutting edge. We are very excited to work with companies of this size and quality and look forward to evolving into the industry leader for innovative nano optic and electronic components."
About API Nanotronics Corp. (OTCBB: APIO)
API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic components and systems for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com
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 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.
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Contact:
Steve Bulwa
Director of Corporate Communications
API Nanotronics Corp.
1-877-API-O-API (274-0274)
Mehr davon!
Übrigens hatte ich vor diesem Schrott schon vor über 1 Jahr gewarnt, als die noch über 0,30 standen.
Ist der Zusammenbruch jetzt aus, oder gehts weiter?
DAS wäre interessant zu erfahren.
Heute 0,039 - dass es mal so schlimm kommt hätte auch ich nicht gedacht.
Mein Urteil: SCHROTT bleibt SCHROTT.
In diesem Thread selbst wurde der reverse split zum 22.9. angekündigt - aber wenn dann plötzlich nicht mehr gehandelt wird, sind sie natürlich pleite!!
Für alle investierten Leser: APIA siehe A0RADS,, S03761M2035
Ich weiß leider nicht, wie man den vorhandenen Thread "mitnehmen" kann - oder ob wir unter der neuen WKN neu beginnen. Weiß jemand, wie das geht?