ZTEST ANNOUNCES STOCK OPTION GRANTS
NORTH YORK, December 18, 2002 - ZTEST Electronics Inc. ("ZTEST" or the "Corporation") (CDNX - "YZT") wishes to announce that on December 17, 2002 ZTEST granted 900,000 options at a price of $0.10 per share, valid until December 17, 2007, to the following persons, subject to regulatory approval by the TSX Venture Exchange:
The exercise price of the options was based on the closing price of the common shares of ZTEST on December 17, 2002 being $0.07.
For more information contact Investor Relations:
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.