Zecotek Signs Cooperation Agreement for $5 Million Equity Stake in Zecotek Imaging Systems

SINGAPORE, SINGAPORE — (Marketwired) — 10/20/16 — Zecotek Photonics Inc. (TSX VENTURE: ZMS)(FRANKFURT: W1I)(OTC PINK: ZMSPF), a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that it has signed a cooperation agreement with the Shanghai Creation Investment Management Company (SCI) to initiate a US$5 million financing into its wholly owned subsidiary, Zecotek Imaging Systems Pte Ltd. The agreement calls for a maximum