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API Nanotronics Corporation (OTC BB: APIO) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on APIO. This strong upgrade comes at a time when the company has completed their merger between Rubincon Ventures and API Electronics Group. API Electronics Group through its wholly owned subsidiaries is engaged in the manufacture of electronic components and systems for the defense and communications industries. The Companies growing list of blue chip customers, include Honeywell/Allied Signal, General Dynamics, Lockheed Martin and numerous other top technology-based firms around the world.
TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com .
Guy Peckham, Director of API Nanotronics Corporation states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction." Mr. Peckham further stated, "We will continue to aggressively expand our client base and provide quality electronic components and systems."
About API Nanotronics Corporation
API Electronics Group Corp., through its wholly owned subsidiaries API Electronics Inc., Filtran Group, TM Systems and Keytronics, is engaged in the manufacture of electronic components and systems for the defense and communications industries. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin and numerous other top technology-based firms around the world, API regularly ships off-the-shelf and custom designed products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, Connecticut and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. For further information, please visit the company website http://www.apielectronics.com .
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
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API Nanotronics Corporation
Jason Dezwick, Director
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