ZTEST Announces Grant of Stock Options

   ZTEST Electronics Inc. (the "Company") (TSX VENTURE: ZTE) wishes to announce that an aggregate of 900,000 options to purchase common shares of the Company at $0.10 per share for five years have been granted to four (4) directors (700,000) and two (2) senior officers (200,000) of the Company.

The grants are subject to acceptance by the TSX Venture Exchange.

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.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

Contacts: ZTEST Electronics Inc. Ted Drzazga CEO [phone] [e-mail]