ZTEST Electronics Inc.

ZTEST Electronics Inc.

April 14, 2010 10:40 ET

ZTEST Announces Consolidation of Outstanding Common Shares

NORTH YORK, ONTARIO--(Marketwire - April 14, 2010) - ZTEST Electronics Inc. ("ZTEST" or the "Corporation") (TSX VENTURE:ZTE) wishes to announce that further to its press release dated February 18, 2010, the Corporation approved a consolidation of its outstanding capital at its annual and special meeting of shareholders held on Thursday March 11, 2010 on the basis of one (1) post-consolidated common share for each twelve pre-consolidation (12) common shares (the "Consolidation"). 

Commencing Thursday, April 15, 2010, the common shares of the Corporation will trade on a post-Consolidation basis on the TSX Venture Exchange. The new CUSIP for the Corporation's common shares post-Consolidation is 989930300. Registered shareholders will receive a letter of transmittal to exchange their original common shares for post-Consolidation common shares. Beneficial shareholders will have their accounts automatically adjusted.

About ZTEST Electronics Inc. 

ZTEST Electronics Inc., through its wholly-owned subsidiary 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.

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.

Contact Information

  • ZTEST Electronics Inc.
    Ted Drzazga
    (416) 297-5155