Mr. Bradley Bourne reports

FIRAN TECHNOLOGY GROUP CORPORATION ANNOUNCES LICENCING AGREEMENT WITH EARTHONE CIRCUIT TECHNOLOGIES CORPORATION

Firan Technology Group Corp. has entered a licensing agreement with EarthOne Circuit Technologies Corp., whereby FTG will license the eSurface technology owned by EarthOne for use in the manufacture of printed circuit boards. The eSurface technology is proprietary to EarthOne and is used to prepare a wide array of surfaces for metallization. This technology enables printed electronics on a wide range of materials, can work on three-dimensional geometries, can yield finer traces with better-edge geometries and is a large step toward additive manufacturing. FTG's Chatsworth facility will be the first to implement the eSurface technology.

FTG was introduced to the eSurface technology almost four years ago, and has been working collaboratively with EarthOne to prove out and advance eSurface technology. The execution of the licence agreement is a testament to the value and confidence in the game-changing eSurface technology.

"FTG continuously investigates future circuit board manufacturing technologies suitable to the aerospace and defence market, such as various additive manufacturing processes, and concluded that the eSurface technology is very appropriate for the needs of our customers. This process will help us in producing finer-pitch printed circuit boards with improved signal integrity critical to high-density and [radio frequency] applications," stated Brad Bourne, president and chief executive officer of FTG.

EarthOne's president, Dr. William Wismann, stated: "We are fortunate to have such a capable partner so close to our base operations. We have worked with FTG for several years and look forward to a continued partnership of successes."

Michael Labrador, president of the FTG Chatsworth facility, commented: "We are as excited as our customers! FTG has already engaged with a number of globally recognized customers specifically aimed at utilizing eSurface and the advances it provides."

Under the terms of the agreement, FTG is to adopt eSurface for the manufacturing of select high-technology electronic parts. FTG plans to undertake an expedited eSurface implementation schedule that includes tooling, engineering, production, quality, sales and service functions. The initiative is expected to result in commercial production within three months, with a goal to scale eSurface production rapidly as the technology becomes a keystone to FTG's future technology road map.

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