Mr. Steve Smith reports
ZTEST ANNOUNCES GRANT OF STOCK OPTIONS
Ztest Electronics Inc. has granted 800,000 stock options to the directors and officers of the company, exercisable at 30 cents per share for five years vesting as to 50 per cent after six months and the balance after one year.
The company also wishes to announce that Derrick Strickland has resigned as a director of the company. Dave Barnett has been appointed to the audit committee to fill the vacancy created by the resignation of Mr. Strickland. Steve Smith, president and chief executive officer of the company, stated: "On behalf of the board of directors, I would like to thank Derrick for his service to the company as a director and wish him the best in his future endeavours".
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.
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