[July 22, 2008]

API Nanotronics Receives Two 2008 Nanotech Briefs "Nano 50" Awards

(Marketwire Via Acquire Media NewsEdge) NEW YORK, NY, July 22 / MARKET WIRE/ --

API Nanotronics Corp. (OTCBB: APIO) ("API")
(the "Company"), a leading supplier of electronic components and
nanotechnology research and development to the defense and communications
sectors, today announced it received two of the 2008 NanoBriefs? Nano
50(TM) awards. Dr. Martin Moskovits, API's Chief Technology Officer, was
honored as a Nano 50 Innovator and API's SubWave(TM) UV Polarizers were
honored with a Nano 50 product award.

The Nano 50 honors the top 50 technologies, products and innovators that
have significantly impacted, or are expected to impact, the nanotechnology
industry. The winners of the Nano 50 awards are the most innovative people
and designs that will move nanotechnology to key mainstream markets. Judged
by a panel of nanotechnology experts, the technologies, products and
innovators receiving the 50 highest scores were Nano 50 award winners. The
Nano 50 Awards Dinner will be held at the NASA Tech Briefs National Nano
Engineering Conference in Boston, November 12 and 13, 2008. The full list
of winners can be viewed at the Nanotech Briefs website
http://www.nanotechbriefs.com/nano50/nano50_winners_08.html.

SubWave(TM) UV Polarizers, developed at API's NanoOpto Division, are based
on a patented nanofabricated grating design. The polarizers can be
optimized for use at a customer-specified wavelength, such as the 266nm
quadrupled YAG laser line or 193nm ArF laser illumination, and exhibit high
extinction ratios. These devices, which are super thin, non-dichroic,
high-transmission components, can be cut to any application-specific size
and shape up to 4" x 4". The product can be used in UV photolithography and
display applications.

Stephen B. Pudles, Chief Executive Officer of API Nanotronics Inc., said,
"We are pleased to be recognized with this distinguished group of
nanotechnology leaders. We look forward to increased commercialization of
our industry leading optical and MEMS products which utilize our
nanotechnology processes and innovations."

About API Nanotronics Corp. (OTCBB: APIO)

API Nanotronics Corp., through its wholly owned subsidiaries API
Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems,
Keytronics and API Nanofabrication Corporation, is engaged in the
manufacture of electronic components and systems for the defense and
communications industries. API is also developing a leadership position in

the R&D and manufacture of nanotechnology and MEMS products. 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 products to clients in more than 34
countries. API owns state-of-the-art manufacturing and technology centers
in New York, New Jersey and Ontario, Canada and has manufacturing
capabilities in China and a distribution center in Britain. API Nanotronics
trades on the OTC Bulletin Board under the symbol APIO. For further
information, please visit the company website at www.apinanotronics.com

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein
constitutes forward-looking statements. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of the company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors
include general economic and business conditions, the ability to acquire
and develop specific projects, the ability to fund operations and changes
in consumer and business consumption habits and other factors over which
API Nanotronics Corp. and its subsidiaries and affiliates have little or no
control.

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CONTACT:
Steve Bulwa
Director of Corporate Communications
API Nanotronics Corp.
1-877-API-O-API (274-0274)Email Contact

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