Firan Technology Group Corporation Announces the Appointment of Collin Latchman to GM of Aerospace

Firan Technology Group Corporation (“Company”) is pleased to announce the appointment of Collin Latchman as General Manager of FTG Aerospace. Mr. Latchman has worked with FTG for the past 15 years in variety of senior positions throughout the organization. Mr. Latchman will also continue his role as Vice-President Sales and Business Development.

“Collin has made significant contributions to the Aerospace division during his career with FTG and will provide the business clear leadership enabling its continued growth,” stated Mr. Bradley C. Bourne, President and CEO of Firan Technology Group Corporation.

In addition, the Company is pleased to announce the hiring of Frank Aloe as Director of Engineering for FTG Aerospace. Mr. Aloe is an electrical engineer with an extensive background in the aerospace industry.

ABOUT FIRAN TECHNOLOGY GROUP CORPORATION

Firan Technology Group Corporation has two operating divisions. FTG Circuits is a leading supplier of high reliability, high technology printed circuit boards. FTG Aerospace manufactures illuminated panels and keyboards for the civil and commercial aviation industries. All manufacturing operations are located in Scarborough, Ontario.

The Company’s shares are traded on the Toronto Stock Exchange under the symbol FTG.

This news release contains certain forward-looking statements that reflect the current views and/or expectations of FTG with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

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For further information please contact:

Bradley C. Bourne
President and CEO
Tel: (416) 299-4000 x314
Firan Technology Group Corporation
bradbourne@firantechnology.com

John Bartkiw
CFO
Tel: (416) 299-4000 x390
Firan Technology Group Corporation
johnbartkiw@firantechnology.com