FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities and Exchange Act of 1934
For the month of December, 2001
API ELECTRONICS GROUP INC. (Formerly: Investorlinks.com Inc.)
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(Translation of registrant's name into English)
505 University Ave., Suite 1400, Toronto, Ontario M5G 1X3
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover form 20-F or Form 40-F:
Form 20-F X Form 40-F
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2b under the Securities Exchange Act of 1934:
Yes: No: X
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If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_________________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
API ELECTRONICS GROUP INC.
(Formerly Investorlinks.com Inc.)
Date: December 18, 2001 By: /s/ Jason DeZwirek
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Jason DeZwirek, Chairman of the
Board, Executive V.P.,
Secretary and Director
API ELECTRONICS SEES 50% INCREASE IN DEMAND FOR SUPPRESSORS; LANDS KEY CONTRACTS
VALUED AT OVER $600,000
NEW YORK, December 17, 2001 - API Electronics Group [OTCBB:APIEF] today
announced that the company has been awarded two contracts worth more than
$600,000. Under the terms of the agreements, API will custom-manufacture and
deliver suppressors to a leading manufacturer of specialized electronic
components for the aerospace and defense industry. These API suppressors are a
key component in relays being manufactured by the company, for use in military
equipment. The company's name cannot be disclosed due to client confidentiality
requirements.
The aerospace industry has come to rely on API for its custom-made suppressors
because they are small and extremely flexible, allowing for an easy fit into
relays used in fighter aircraft and other airplanes.
"These latest orders provide further confirmation that our product is the best
on the market," says Jason DeZwirek, Chairman and CEO of API Electronics.
"Demand for our suppressors has increased by 50%, and more and more relay
manufacturers are turning to API while phasing out our competitors in this
space."
API also manufactures timing circuits for relays. Company executives expect this
side of the business to grow at a similar pace in the months ahead. Executives
also expect demand for electronic components to increase as activity increases
on the military front. The Government Electronics and Information Technology
Association estimates that the electronics content of Department of Defense
procurement will rise from $26 billion in the current fiscal year to $35 billion
in 2012.
"API is in a strong position to increase value for its shareholders, based on
growing demand from the military and the private sector," says DeZwirek.
Last week, API announced it had shipped its largest order ever to the U.S.
Military Electronics Supply Center. The government ordered more than 100 hybrid
micro-electronic circuits for an unidentified military application. API is the
sole manufacturer of many electronic components vital to the reliable
performance of high-value military assets, such as fighter jets, heavy bombers
and battle tanks.
ABOUT API ELECTRONICS:
As the leading provider of custom replacement parts, API Electronics Group Inc.
is meeting critical demands for extremely high quality semiconductors and
microelectronic circuits with precisely defined functional capabilities. API has
been providing these top of the line components for military, aerospace and
commercial markets for over 20 years. The company boasts a growing list of blue
chip customers, including Honeywell/Allied Signal, Lockheed Martin, Litton
Systems, and numerous other top technology-based firms around the world. API's
operations originate from its wholly-owned, state-of-the-art 15,000-sq-ft
technology and manufacturing facility in Hauppauge, New York. API Electronics
trades on the OTC Bulletin Board under the symbol APIEF. For further information
about API Electronics, please visit the company's website at
www.apielectronics.com.
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MEDIA RELATIONS CONTACT: INVESTOR RELATIONS CONTACT:
Primoris Group Primoris Group
Corporate Communications Investor Relations
Tel: 1-877-API-0-API (274-0274) Tel: 1-877-API-0-API (274-0274)
api@primorisgroup.com api@primorisgroup.com
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This press release may contain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. All forward-looking
statements are subject to certain risks, uncertainties and assumptions. These
risks and uncertainties, which are more fully described in API's Annual and
Quarterly Reports filed with the Securities and Exchange Commission, include
changes in market conditions in the industries in which the Company operates.
Should one or more of these risks or uncertainties materialize, or should the
assumptions prove incorrect, actual results may vary in material aspects from
those currently anticipated.