March 4, 2010 (FinancialWire) — API Technologies Corp. (OTCBB: ATNY) said it has been selected by a large defense contractor to provide magnetic components for use in radio communications systems deployed throughout the military and defense markets.

According to API, the multi-year contract is valued at over $8 million and will be produced at the company’s Canadian facility under its Filtran brand.

Under the award, the customer will integrate API’s complex magnetic components into a number of radio communications systems in support of the U.S. military’s Joint Tactical Radio System requirements as well as network-centric operations worldwide.

Pennsylvania-based API Technologies is a prime contractor in electronics, engineered systems, secure communications and electronic components and subsystems to the global defense and aerospace industry.

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