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.