API Nanotronics acquires assets of NanoOpto Corp.

NEW YORK, 25 July 2007.API Nanotronics Corp., a supplier of electronic components to the defense and communications sectors, has acquired all of the assets of NanoOpto Corp., a nanotechnology pioneer specializing in processes for next-generation optical components.

The transaction includes all of NanoOpto's intellectual property related to the design and high-volume nano-fabrication of nano-optic devices for optical components as well as state-of-the-art equipment at its ISO 9001:2000 registered nano-fabrication facility located in Somerset, N.J. The facility is capable of significant volume production of nanotechnology-derived optical and electronic components.