ZTEST Signs Guarantee Agreement

ZTEST Electronics Inc. ("ZTEST" or the "Corporation") (TSX VENTURE:ZTE) wishes
to announce that it has entered into a guarantee agreement ("Guarantee
Agreement") with an individual (the "Guarantor") and the Corporation's wholly-
owned subsidiary Permatech Electronics Corp. ("Permatech") in order for
Permatech to obtain a line of credit ("Line of Credit") from a financial
institution. As partial consideration for guaranteeing the Line of Credit (the
"Guarantee"), ZTEST has agreed to grant to the Guarantor 500,000 bonus warrants
(the "Bonus Warrants"). The Bonus Warrants entitle the Guarantor to acquire one
(1) common share of ZTEST at a price of $0.135 per share until the date which is
the lesser of (i) two (2) years from May 18, 2011 and (ii) the term that the
Guarantee under the Line of Credit Agreement remains an obligation of the
Guarantor and the Line of Credit remains outstanding subject to certain
claw-back provisions imposed by the policies of the TSX Venture Exchange. The
securities will be legended and restricted from trading until September 19,
2011.


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 9001:2008 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.

Ztest Electronics Inc. (TSXV:ZTE)
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