ZTEST ANNOUNCES NEW DIRECTOR AND GRANT OF STOCK OPTIONS
NORTH YORK, June 15, 2005 - ZTEST Electronics Inc. (“ZTEST” or the “Corporation”) (TSXVE - “ZTE”) is pleased to announce that at its Annual and Special Meeting of Shareholders held on June 14, 2005, Mr. Cal Haverstock was elected to the board of directors along with the current directors including William Brown, Wojciech Drzazga, Michael Guerreiro, Donald Nurse and John Perreault. Mr. Haverstock has been the president of Haverstock Associates Inc., a consulting company since 1996. Since 2001, he has been the President and C.E.O of Playdium Corporation. The directors welcome Mr. Haverstock to the board. The appointment is subject to the approval of the TSX Venture Exchange.
Following the meeting, Mr. Haverstock was appointed to the audit committee for ZTEST and the board of directors of ZTEST granted him 100,000 director options exercisable at $0.19 per share for a period of 5 years.
About ZTEST Electronics Inc.
ZTEST Electronics Inc., thru its wholly owned subsidiary Permatech Electronics Corp. (“Permatech”), offers Electronic Manufacturing Services (EMS) to a wide range of customers. Permatech’s offering includes Materials Management, Printed Circuit Board (PCB) Assembly, Testing and Design services. Permatech operates from a 20,000 square foot, ISO 9001:2000 certified facility in North York, Ontario, Canada. The company serves customers in the Medical, Power, Computer, Telecommunication, Wireless, Industrial and Consumer Electronics markets requiring high quality, quick-turn, small and medium size production runs.
For more information contact:
Ted Drzazga, CEO
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.