ZTEST Appoints David Barnett as Director

Rhea-AI Summary

ZTEST Electronics Inc. (CSE:ZTE) has appointed David Barnett to its Board of Directors as an independent director, pending regulatory approval. Mr. Barnett brings over 7 years of risk management experience, 6 years of capital markets expertise from BMO Nesbitt Burns, and 25 years of successful microcap investing. He holds a Bachelor of Business Administration and is a CFA charterholder.

CEO Steve Smith highlighted Barnett's strong financial background and expertise in evaluating manufacturing operations as valuable assets to the company. ZTEST, through its subsidiary Permatech Electronics Corp., offers Electronic Manufacturing Services from a 21,000 square foot, ISO 9001:2015 certified facility in North York, Ontario.

Positive

• Appointment of David Barnett as an independent director with extensive financial and capital markets experience
• Barnett's expertise in evaluating manufacturing operations aligns with ZTEST's core business
• 25 years of successful microcap investing experience, relevant to ZTEST's market position

Negative

• None.

NORTH YORK, ON / ACCESSWIRE / July 18, 2024 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE) is pleased to announce that it has appointed David Barnett to the Board of Directors, sitting as an independent director, subject to regulatory approval.

Steve Smith, CEO of the Company stated "On behalf of the Board of Directors, I would like to welcome Dave to the board. Dave's strong financial and capital markets background, combined with extensive expertise in evaluations of manufacturing operations, will be a valuable asset to the Company."

Mr. Barnett is a results-driven professional with over 7 years of experience in risk management, including expertise in evaluating manufacturing operations, product liability, business continuity analysis and improving efficiencies. With over 6 years of capital markets experience in investment banking and corporate treasury at BMO Nesbitt Burns, David brings strong financial and capital markets expertise. Additionally, he has 5 years of experience as a project supervisor, adept in time management, project budgeting, and employee oversight. David is also a seasoned microcap investor with over 25 years of successful investing in companies with market capitalizations sub $300M. David holds a Bachelor of Business Administration from Simon Fraser University and is a CFA charterholder.

ZTEST Electronics Inc.

ZTEST Electronics Inc., through its wholly owned subsidiary Permatech Electronics Corp. ("Permatech"), offers Electronic Manufacturing Services (EMS) to a wide range of customers. Permatech's offering includes Printed Circuit Board (PCB) Assembly, Materials management and Testing services. Permatech operates from a 21,000 square foot, ISO 9001:2015 certified facility in North York, Ontario, Canada. Permatech is a contract manufacturer of complex circuit boards, serving customers in the Medical, Power, Computer, Telecommunications, Wireless, Industrial, Trucking, Wearables and Consumer Electronics markets. It specializes in servicing customers who are looking for high yield and require high quality and rapid-turnaround on low and mid-volume production of high complexity products.

For more information contact: Steve Smith, CEO (604) 837-3751 email: steves@ztest.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: ZTEST Electronics Inc.

View the original press release on accesswire.com

FAQ

Who is David Barnett and what is his role at ZTEST Electronics Inc. (ZTSTF)?

David Barnett has been appointed as an independent director to the Board of Directors of ZTEST Electronics Inc. (CSE:ZTE), pending regulatory approval. He brings over 7 years of risk management experience, 6 years of capital markets expertise, and 25 years of successful microcap investing experience to the company.

What are David Barnett's qualifications for joining ZTEST Electronics Inc. (ZTSTF) board?

David Barnett holds a Bachelor of Business Administration from Simon Fraser University and is a CFA charterholder. He has over 7 years of experience in risk management, 6 years in capital markets with BMO Nesbitt Burns, and 25 years of successful microcap investing experience, making him well-qualified for the board position at ZTEST Electronics Inc.

How might David Barnett's appointment impact ZTEST Electronics Inc. (ZTSTF)?

David Barnett's appointment is expected to bring valuable financial and capital markets expertise to ZTEST Electronics Inc. His experience in evaluating manufacturing operations and risk management could potentially enhance the company's strategic decision-making and operational efficiency.

What services does ZTEST Electronics Inc. (ZTSTF) offer through its subsidiary Permatech?

ZTEST Electronics Inc., through its subsidiary Permatech Electronics Corp., offers Electronic Manufacturing Services (EMS) including Printed Circuit Board (PCB) Assembly, Materials management, and Testing services. They specialize in low and mid-volume production of high complexity products for various industries.