Posted in | Nanobusiness

API Nanotronics Expands Sales and Product Development Relationship with Sital Technology

Published on May 11, 2009 at 8:50 AM

API Nanotronics Corp. (OTCBB: APIA) ("API" or the "Company"), a leading supplier of electronic components, systems and sub-systems, nano-optics and nanotechnology products to the aerospace, defense and communications sectors, today announced that its National Hybrid division(NHi) has expanded its sales and product development relationship with Israel based Sital Technology, the world leader in Mil-Std-1553 IP cores and products.

API's NHi subsidiary, located in Ronkonkoma, New York, is a leader in the avionics industry in key MIL STD 1553 technologies and provides system engineers with new opportunities through Sital's advanced Data Bus products. Customers in the U.S. can now purchase Sital's products directly from NHi including IP Cores, Bus Testers, and DDC terminal drop-in replacements. These new products significantly broaden NHi's product offerings, positioning the Company to provide customers complete solutions for their 1553 Data Bus needs. The companies also intend to co-develop next generation 1553 interface products, combining Sital's industry leading IP core with NHi's industry leading terminals, transceivers and transformers to develop the world's most compact and powerful 1553 interface solutions.

Stephen B. Pudles, Chief Executive Officer of API Nanotronics Inc., said, "This partnership expands on our successful existing collaboration with Sital that resulted in our ARIES® product line. We are proud to represent Sital's industry leading products in key markets and look forward to working together on future product offerings. This is a great opportunity for both companies."

API's National Hybrid division will be exhibiting at the coming Avionics show in San Diego on June 1 and 2.

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