
Acquisition Doubles the Size of the Company and Establishes API as a Worldwide Leader in Secure Technologies for Global Military, Government and Intelligence Agencies
NEW YORK, NY - July 13, 2009 - API Nanotronics Corp. (OTCBB: APIA) ("API" or the "Company"), a leading supplier of electronic systems and sub-systems, components, nano-optics and nanotechnology products to the aerospace, defense and communications sectors, today announced the acquisition of substantially all of the operating assets of Cryptek Technologies.
Cryptek offers customers a variety of 'ultra' secure network and hardware solutions including Emanation Security, TEMPEST and secure network access under the ION, EMCON, SST and Netgard brand names. These industry leading offerings are sold to governments and other international organizations that require the highest possible level of security in the areas of identity validation, network access management, TEMPEST network intrusion prevention, and secure and encrypted fax, computers and telephones. As a global business with operations in the United States, Canada and the UK, Cryptek counts some of the world's largest military, government and intelligence agencies as customers.
To view the ION press release and news archive, click here.
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