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November 28, 2001

 

ZTEST ANNOUNCES DEBT SETTLEMENTS

NORTH YORK, November 28, 2001 - ZTEST Electronics Inc., YZT-CDNX, ("ZTEST" or the "Corporation"),  wishes to announce that it has agreed to settle a total of $18,300 in debt owed to its five directors for services rendered for 143,529 common shares priced at $0.1275 per share. The completion of these transactions is subject to the approval of the Canadian Venture Exchange. 

Following the completion of the debt settlements, the corporation will 
have 24,214,696 common shares outstanding. 

For further information, contact: 
Mr. Ted Drzazga
President & CEO 
ZTEST Electronics Inc.
(416) 297-5155 

The Canadian Venture Exchange has neither approved or disapproved of the contents of this press release.

 

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