Firan Technology Group Corporation (TSX:FTG) announced today that it has been
awarded a new three year Long Term Agreement (LTA) from one of the leading
global Original Equipment Manufacturers supporting the Aerospace Market. The
agreement incorporates a variety of high technology Printed Circuits boards for
use on key fixed wing platforms including the Boeing 787, Airbus A350, A400M,
and the Bombardier C-Series. 


The new LTA is estimated at over $10 Million USD. This represents a significant
revenue increase over the previous agreement. FTG was successful in maintaining
historical programs while capturing new scope across key programs. The products
to be supplied support both commercial Air Transport and Military aircraft.


FTG will manufacture the product at its FTG Circuits Division located in
Toronto, Canada as well as in China. 


"FTG appreciates the trust our customer has in our ability to deliver quality
product, and adapt to the ever changing technologies and economic conditions,"
stated Ian Maknyik, Director of Business Development. "We look forward to
sharing future success."


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 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 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. 


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

FOR FURTHER INFORMATION PLEASE CONTACT: 
Firan Technology Group Corporation
Bradley C. Bourne
President and CEO
(416) 299-4000 x314
bradbourne@ftgcorp.com


Firan Technology Group Corporation
Joseph R. Ricci
Vice President and CFO
(416) 299-4000 x309
joericci@ftgcorp.com
www.ftgcorp.com
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