API Nanotronics Corporation Receives Strong Upgrade by Respected Research Firm.Defense and Communication Customers Include Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. , General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. and Honeywell/Allied Signal BELLINGHAM, Wash. -- API Nanotronics Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: APIO a·pi·o n. pl. a·pi·os See arracacha. [American Spanish, from Spanish, celery, from Latin apium, perhaps from apis, bee.] ) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC TSC Thestreet.com (stock symbol) TSC Time Stamp Counter TSC Tuberous Sclerosis Complex TSC Tractor Supply Company TSC Terrorist Screening Center (Department of Homeland Security) ), 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 Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. 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 URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : 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 Electronics Group Corp: 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 New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Connecticut and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. For further information, please visit the company website at www.apielectronics.com. Forward-Looking Statements: 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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