Loewen, Ondaatje, McCutcheon Limited Rates Zecotek a Speculative Buy

LOEWEN, ONDAATJE, MCCUTCHEON LIMITED INITIATES RESEARCH COVERAGE OF ZECOTEK

Vancouver, BC, August 14, 2008 – Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I) is pleased to announce that Loewen, Ondaatje, McCutcheon Limited (LOM) has initiated research coverage of Zecotek.

LOM is a research focused investment bank serving institutional investors. A copy of the research report may be requested directly from LOM by contacting dthompson@lomltd.com.

About Loewen, Ondaatje, McCutcheon Limited
LOM is a client-focused, research-driven, independent, international investment dealer. The firm is dedicated to helping its clients achieve their financial and strategic objectives through the effective integration of services provided by its five major disciplines: Research, Sales, Trading and Investment Banking. For more information, please visit www.lomltd.com.

About Zecotek

Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I), is a photonics technology company developing high-performance crystals, photo detectors, lasers, optical imaging and 3D display technologies for commercial applications in the medical diagnostics and high-tech industries. Founded in 2003, the company operates three distinct divisions: imaging, lasers and 3D display, with labs located in Canada, USA, Singapore and Russia. Zecotek commercializes its novel, patented and patent-pending photonic technologies directly and through strategic alliances and joint ventures with multinational OEMs, distributors and other industry leaders. For more information, please visit Zecotek Photonics.

This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.

For product and technical information please contact:
Zecotek Photonics Inc.
SUSANA MENDEZ ALCALA
SMA@zecotek.com
T: (604) 827-5232

For investor information please contact:
Caliber Capital Partners
TIM MCNULTY
T: (778) 327-6678
E: ir@zecotek.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. If you would like to receive news from Zecotek in the future please visit the corporate website at Zecotek Photonics.

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