Mr. Ted Drzazga reports

ZTEST OPTION TO ACQUIRE FURTHER INTEREST IN CONVERSANCE EXPIRES

Further to its press release of Feb. 26, 2018, Ztest Electronics Inc.'s option to acquire up to a 30-per-cent interest in Conversance Inc. has expired unexercised along with the further option to acquire up to a 34.99-per-cent interest in Conversance. The company currently holds a 25.29-per-cent interest in Conversance.

About Ztest Electronics Inc.

Ztest Electronics Inc., through its wholly owned subsidiary Permatech Electronics Corp., offers electronic manufacturing services (EMS) to a wide range of customers. Permatech operates from a 20,000-square-foot, ISO 9001:2008-certified facility in North York, Ont., Canada.

About Conversance Inc.

Conversance, based in a Waterloo, Ont., and founded by Joseph Chen, is focused on developing and marketing proprietary artificial intelligence supported distributed ledger technologies. Mr. Chen is an electrical engineer with a strong background in radio frequency, digital signal processing, VLSI, complex systems, chemistry and physics. Mr. Chen joined Research In Motion (now BlackBerry) in 1999, becoming a senior member of the office of the chief technology officer (CTO), where he was instrumental in many of BlackBerry's key telephony innovations and patents. Since leaving Blackberry in 2012, Mr. Chen has focused much of his personal research on the state-of-the-art in machine learning, cryptography and quantum computing, and their implications and applications in digitizing and automating finance, and the protection of personal information and trust in a digital world.