Mr. Ted Drzazga reports

ZTEST ANNOUNCES PRIVATE PLACEMENT OFFERING

Ztest Electronics Inc. is proceeding with a non-brokered private placement for the sale of up to 1.6 million working capital units at 85 cents per working capital unit for proceeds of up to $1.36-million. Each working capital unit consists of one common share and one-half of a common share purchase warrant. Each full warrant entitles the holder to acquire an additional common share of the company at $1.10 until the earlier of (i) Jan. 31, 2019; and (ii) in the event that the closing price of the common shares on the Canadian Securities Exchange is at least $2 for 20 consecutive trading days and the 20th trading day is at least four months from the closing date, the date which is 30 days from the final trading day.

Eligible finders may receive up to 7 per cent of the value of proceeds of the sale of working capital units in cash and up to 7 per cent of the number of working capital units sold in the form of broker warrants. Each broker warrant issued in respect of the sale of working capital units entitles the holder to acquire one common share of Ztest at 85 cents for a period of one year from the closing of the offering.

All securities issued pursuant to the offering referenced herein are subject to a statutory four-month hold period.

About Ztest Electronics Inc.

Ztest Electronics, through its wholly owned subsidiary, Permatech Electronics Corp., offers electronic manufacturing services (EMS) to a wide range of customers. Permatech's offering includes materials management, printed circuit board (PCB) assembly, testing and design services. Permatech operates from a 20,000-square-foot, ISO 9001:2008-certified facility in North York, Ont., Canada.