Mr. John Magor of J.T. Risty reports

J. T. RISTY LIMITED, ED BLASIAK AND FRANKLIN ZOLNAI ANNOUNCE CHANGES IN OWNERSHIP INTEREST OF ZTEST ELECTRONICS INC.

The ownership interest of J.T. Risty Ltd., an insider of Ztest Electronics Inc., in Ztest has decreased by more than 2 per cent. Risty previously filed an early warning report with respect to the securities of Ztest on Dec. 16, 2016, at which time it held 13.39 per cent of the common shares of Ztest and had the ability to acquire 15.9 per cent of Ztest on a partially diluted basis. Risty continues to holds 2,245,790 common shares and 500,000 warrants of Ztest. As a result of the increase in the issued and outstanding capital of Ztest to 20,173,696 common shares, Risty now holds 11.1 per cent of the issued and outstanding capital of Ztest on an undiluted basis. If Risty were to exercise all of its warrants, it would hold 2,745,790 common shares of Ztest, representing 13.3 per cent of outstanding capital on a partially diluted basis.

Risty has advised that the securities were acquired for investment purposes and that it has no present intention to either increase or decrease its holdings in Ztest. Notwithstanding the foregoing, Risty has advised that it may increase or decrease its beneficial ownership, control or direction over common shares of Ztest through market transactions, private agreements, exercise of warrants, other treasury issuances or otherwise.

Ed Blasiak previously filed an early warning report with respect to the securities of Ztest on Dec. 16, 2016. As a result of an increase in the issued and outstanding capital of Ztest to 20,173,696 common shares, the interest of Mr. Blasiak in Ztest was reduced to approximately 9.48 per cent of the issued and outstanding common shares of Ztest on a partially diluted basis, and Mr. Blasiak is no longer required to file an early warning report under National Instrument 62-103.

Mr. Blasiak could increase or decrease his investment in Ztest depending on market conditions or any other relevant factor.

Franklin Zolnai previously filed an early warning report with respect to the securities of Ztest on Dec. 16, 2016. As a result of an increase in the issued and outstanding capital of Ztest to 20,173,696 common shares, the interest of Mr. Zolnai in Ztest was reduced to approximately 8.2 per cent of the issued and outstanding common shares of Ztest on a partially diluted basis, and Mr. Zolnai is no longer required to file an early warning report under National Instrument 62-103.

Mr. Zolnai could increase or decrease his investment in Ztest depending on market conditions or any other relevant factor.

This news release is issued pursuant to National Instrument 62-103 (the Early Warning System and related Take-Over Bid and Insider Reporting Issues) of the Canadian Securities Administrators, which also requires early warning reports to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning reports in respect of the foregoing matters will be available on Ztest's issuer profile on SEDAR.