Mr. Ted Drzazga reports

ZTEST ANNOUNCES NEW DIRECTORS OF THE COMPANY

At Ztest Electronics Inc.'s annual and special meeting of shareholders held on Dec. 19, 2017, a director was nominated from the floor by a shareholder in compliance with the requirements of Section 3.05 of the company's general bylaw No. 1-B, entitled "Advance Notice of Nominations of Directors." Following a vote of the shareholders present in person and represented by proxy at the meeting, the nominee, Steve Smith, was elected to the board of directors along with four management nominees: Ted Drzazga, Mike Guerreiro, Bill Brown and John Perreault. Mike Hiscott was not re-elected to the board. Immediately following the meeting, Mr. Perreault resigned as an officer and director of the company and Brendan Purdy, who had been presented to the company as a nominee but his nomination was not made in accordance with the advance notice provisions, was appointed to the board to fill the vacancy created by the resignation of Mr. Perreault.

The company would like to thank Mr. Hiscott for his many years of service as a director of the company. The company would also like to thank Mr. Perreault for his many years as an officer and director of the company. Mr. Perreault continues in his role as the president and chief operating officer of the company's operating subsidiary, Permatech Electronics Corp.

The board of directors would like to welcome Mr. Smith and Mr. Purdy to the board.

Mr. Smith brings over 28 years of experience in the capital markets to the board of Ztest. Mr. Smith obtained his bachelor of arts (economics) from the University of Toronto. Mr. Smith is a founder and president of Tangent Management Corp., a financial management firm that provides financial consulting and management services to publicly listed companies. Mr. Smith currently sits on the board of directors of Kontrol Energy Corp.

Mr. Purdy is a practising securities lawyer focused on technology, cannabis and resource issuers. In his private practice, he has developed domestic and international experience with respect to public companies, reverse takeovers, mergers and acquisitions (M&A) and many facets fundamental to the Canadian capital markets. Prior to receiving his JD from the common-law section at the University of Ottawa, Mr. Purdy completed a bachelor of management and organizational studies degree from the University of Western Ontario, majoring in finance and administration. Mr. Purdy currently serves on the board of Global Blockchain Technologies Inc., Enforcer Gold Corp., and High Hampton Holdings Corp., among other public and private companies. Additionally, Mr. Purdy has previously acted as chief executive officer of Enforcer Gold Corp. (formerly Natan Resources Ltd.) and Seaway Energy Services Inc., both TSX Venture Exchange-listed mining issuers.

The election and appointment, respectively, of Mr. Smith and Mr. Purdy are subject to Canadian Securities Exchange approval.

About Ztest Electronics Inc.

Ztest Electronics, through its wholly owned subsidiary Permatech Electronics Corp., offers electronic manufacturing services to a wide range of customers. Permatech's offerings include materials management, printed circuit board assembly, testing and design services. Permatech operates from a 20,000-square-foot, ISO 9001:2008 certified facility in North York, Ont., Canada. The company serves customers in the medical, power, computer, telecommunication, wireless, industrial and consumer electronics markets requiring high-quality, quick-turn, small- and medium-size production runs.