ZTEST COMPLETES DEBT SETTLEMENT
NORTH YORK, September 9, 2005 - ZTEST Electronics Inc.
("ZTEST" or the "Corporation") (TSXVE - "ZTE")
wishes to announce that further to its press release dated August 19, 2005, it
has completed the settlement of $41,045.31 in debt owed to a senior officer in
consideration for the issuance of 328,362 common shares priced at $0.125 per
share. These shares will be legended and restricted from trading until January
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
For more information contact:
Ted Drzazga, CEO
The TSX Venture Exchange has neither approved nor disapproved
of the contents of this press release.