Dear Investor
While recent performance of the stock is not positive, short term price movements are beyond the
company's control. Please be assured that management is very focused on shareholder value as
they are the company's largest shareholders. In the past year API completed the largest acquisition
in its history, acquiring National Hybrid and doubling company revenues. Dr. Moskovits, who was
hired to execute API's research goals, just completed his first full month as the Company's CTO.
Also in May, the company recorded new orders of almost $3.5 million, a record for any month. We
are more excited than ever about the prospects for API Nanotronics and our strategy of organic
growth complemented by strategic acquisitions and product enhancement through Nanotechnology.
.
Thank you for you interest
Steven H. Bulwa Director of Corporate Communications www.apinanotronics.com sbulwa@apinanotronics.com
T. 416.593.6543 F. 416.593.4658 Toll-Free: 1-877-API-0-API
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