FTG Announces It Has Been Selected A Canadian Innovation Exchange (CIX) Public Top 20 Most Innovativ

Toronto, November 23, 2016 – Firan Technology Group Corporation (TSX: FTG) announced today that it has been selected as a 2016 CIX Public Top 20 Most Innovative Company. The CIX (Canadian Innovation Exchange) Public Top 20 is a unique program designed to showcase Canada’s most innovative public technology companies. This program is unique to any other showcase event in Canada as the selection committee evaluated and rated the hottest companies based primarily on their innovation.

FTG was selected as a Top 20 most innovative company from hundreds of Canadian small and midcap Tech companies.

“We are honored to be selected for such an outstanding award by the Canadian Innovation Exchange. At FTG, we innovate to drive growth and continuously improve everything we do. We stress quality, productivity, growth and best practices. We move with creativity, speed, agility and embrace change. We have the courage to take risks and grow by learning from our successes and failures,” stated Brad Bourne, President and CEO of FTG. He added, “At all FTG’s sites, we are committed to innovation and improvement. Being recognized as one of the Top 20 most innovative company inspires us to continue investing in our people, processes and tools to continue to improve all our metrics and exceed the expectations of all our stakeholders.”

ABOUT FIRAN TECHNOLOGY GROUP CORPORATION

FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:

FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Hudson, New Hampshire and a joint venture in Tianjin, China.

FTG Aerospace manufactures illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California, Fort Worth, Texas and Tianjin, China.

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

FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG’s operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as “anticipate”, “believe”, “expect”, “plan” or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation’s industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information please contact:

Bradley C. Bourne, President and CEO
Tel: (416) 299-4000 x 314
Firan Technology Group Corporation
bradbourne@ftgcorp.com

Melinda Diebel, Vice President and CFO
Tel: (416) 299-4000 x 264
Firan Technology Group Corporation
melindadiebel@ftgcorp.com

Additional information can be found at the Corporation’s website www.ftgcorp.com