Company Overview

API NANOTRONICS CORP. (“API Nanotronics,” the “Company”) is a Delaware Corporation and the parent company incorporating the numerous subsidiaries of API Electronics, Inc. all of which manufacture high-grade electronics for a blue chip customer list including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and many more. The Company consistently supplies the U.S. Department of Defense and six of the top 10 Department of Defense contractors.

Corporate holdings include:

• API Electronics, Inc.
• Filtran Ltd.: filters, transformers, power supplies, inductors/chokes
• National Hybrid Inc. & Pace Technology Inc.: 1553 data bus products, power controllers, custom hybrid microcircuits
• NanoOpto.: optical components, data storage, imaging, display and communications
• Ampower: power transistors
• Unitrode: power transistors & darlingtons
• Solid Power Corp: homotaxial power transistors
• MSI Electronics: varactor tuning diodes, abrupt & hyperabrupt
• ASI Microsystems: custom hybrid circuits
• REL Labs: standard hybrid amplifiers, oscillators & components
• TM Systems: government systems – manufacture VRS (Vertical Reference Systems), VLA (Visual Landing Aids), SGSI (Stabilized Glide Slope Indicators)
• Islip Transformer & Metal Co.: Government systems – Radar Threat Indicator
• Sensonics
• Keytronics Inc.: power transformers, reactors, magnetic amplifiers, power supplies and converters

API Nanotronics manages the Research and Development efforts of its subsidiaries and guides these efforts forward by investing in new technologies and capabilities. The company's goal is to leverage its diverse product offerings and manufacturing facilities by investing in state of the art technology and recruiting the best scientific talent to work with customers developing semiconductors and microelectronics that address current and future market needs. With specific expertise in Thin Film, MEMS based sensors and other Nanotechnology processes API Nanotronics is the defense industry's electronics partner for now and the future.

API Nanotronics and its subsidiaries provide systems and electronics for advanced military, industrial, commercial, automotive, and medical applications. Current products include; naval aircraft launching and landing equipment, flight control and signaling systems, aircraft ground support equipment, hybrid circuits, oscillators, inductors, power conversion, transistors, microcircuits, diodes, and reactors.

Headquartered in New York State , the Company designs customized products planned for manufacture in proprietary state-of-the art facilities (including a Micro-Electro-Mechanical Systems (MEMS) facility) under the guidance of a world-class expert in nanotechnology research and development.

The Company's nanotechnology CTO is Dr. Martin Moskovits, one of the foremost experts in the field. Dr. Moskovits provides expert guidance to assist the company identify new business opportunities, potential acquisitions, possible technical licenses and new investment opportunities.

In pursuing opportunities to expand core capabilities, API Nanotronics recently acquired Keytronics Inc., a robust, revenue-generating business that brings significant expertise, manufacturing capabilities, and a strong customer base for API Nanotronics to build upon.