Mr. Steve Smith reports

ZTEST ANNOUNCES APPOINTMENT OF NEW CEO

Steve Smith, a recently appointed director of the company, has been appointed president and chief executive officer of Ztest Electronics Inc. to fill the vacancy created by the resignation of Ted Drzazga. Mr. Smith brings over 28 years of experience in the capital markets to the management 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.

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 operates from a 20,000-square-foot, ISO 9001:2008-certified facility in North York, Ont., Canada. Ztest also holds a 25.29-per-cent equity interest in Conversance Inc.