ZTEST Announces Equipment Financing by Insiders

ZTEST Electronics Inc. ("ZTEST" or the "Corporation") (TSX VENTURE:ZTE) wishes
to announce that it has agreed in principal to the terms of a loan (the "Loan
Agreement") with two (2) non-arm's length lenders (the "Lenders") and its wholly
owned subsidiary Permatech Electronics Corporation ("Permatech") pursuant to
which the Lenders will advance $200,000 (the "Equipment Term Loan") to Permatech
for the purchase of a Siemens SIPLACE POE S27 pick and place unit with
accessories. The Equipment Term Loan will have a term expiring on October 31,
2017, will be unsecured, will be repayable as to interest only at the floating
rate of TD Canada Trust prime plus 6% (the "Interest Rate") until October 31,
2014 and thereafter in blended monthly payments of principal and interest (at
the Interest Rate) amortized over three (3) years with the last payment due on
October 31, 2017. The Equipment Term Loan will be fully open and repayable at
any time after October 31, 2014 without penalty or bonus. As partial
consideration for advancing the Equipment Term Loan, ZTEST has agreed to grant
to the Lenders 400,000 bonus warrants (the "Bonus Warrants"). The Bonus Warrants
entitle the Lenders to acquire one (1) common share of ZTEST at a price of $0.10
per share until October 31, 2017. The transaction is subject to regulatory
approval. The securities will be legended and restricted from trading until at
least May 10, 2014. This transaction is scheduled to close on January 10, 2014.


One of the lenders is a corporation controlled by Joanna Drzazga, the wife of
ZTEST's CEO Ted Drzazga. The other is the CFO of ZTEST, Mike Kindy. The grant of
Bonus Warrants to insiders is exempt from the valuation and minority shareholder
approval requirements of Multilateral Instrument 61-101 ("MI 61-101") by virtue
of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in
that the fair market value of the consideration for the securities of the
Company to be issued to the insiders does not exceed 25% of its market
capitalization.


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 9001:2008 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.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Statements: This press release
contains forward-looking statements that involve risks and uncertainties, which
may cause actual results to differ materially from the statements made. When
used in this document, the words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar expressions
are intended to identify forward-looking statements. Such statements reflect our
current views with respect to future events and are subject to such risks and
uncertainties. Many factors could cause our actual results to differ materially
from the statements made, including those factors discussed in filings made by
us with the Canadian securities regulatory authorities. Should one or more of
these risks and uncertainties, such as changes in demand for and prices for the
products of the Company or the materials required to produce those products,
labour relations problems, currency and interest rate fluctuations, increased
competition and general economic and market factors, occur or should assumptions
underlying the forward looking statements prove incorrect, actual results may
vary materially from those described herein as intended, planned, anticipated,
or expected. We do not intend and do not assume any obligation to update these
forward-looking statements, except as required by law. The reader is cautioned
not to put undue reliance on such forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ZTEST Electronics Inc.
Ted Drzazga
CEO
[phone]
[e-mail]