ZTEST Electronics Inc.

ZTEST Electronics Inc.

May 29, 2006 12:24 ET

ZTEST Announces Extension of Proposed Private Placement

NORTH YORK, ONTARIO--(CCNMatthews - May 29, 2006) - ZTEST Electronics Inc. ("ZTEST" or the "Corporation") (TSX VENTURE:ZTE) wishes to announce that it has extended its offering of up to 9,000,000 units for gross proceeds of $1,440,000 by thirty days to June 28, 2006. The terms of the units remain as announced in the Corporation's press release of April 13, 2006. Completion of this transaction is subject to the approval of 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 does not accept responsibility for the adequacy or accuracy of this release.

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