October 25, 2005
News Release 05-027
TSX Venture Exchange: Tier 1
Trading Symbol TSX-V: CCB
US SEC Exemption No. 82-3378
Fundamental Research Provides Update on CON-SPACE
Richmond, British Columbia, October 25, 2005 - Con-Space Communications Ltd. (CCB - TSX Venture), recognized worldwide as the leading designer and manufacturer of specialized voice communication equipment is pleased to announce that Fundamental Research Corp. has released an update on CON-SPACE Communications. The full report is available at:
http://www.con-space.com/Investor%20Relations/Pop-Up%20Windows/fundamentalresearch6.pdf.pdf
Fundamental Research Corp. is an independent equity research firm, which provides their subscribers with the highest quality fundamental research on smaller cap companies from a value-based perspective. The companies covered are selected using a very strict value screen in order to identify under-valued stocks (BUY) or grossly overvalued stocks (REDUCE). CON-SPACE commissioned an independent research report from Fundamental Research Corp. based on the fact it is an affiliate of Investrend Research and a member of the FIRST Research Consortium that sets the standards and ethics for independent research agreed to by all members of the association.
CON-SPACE recently released their 4th quarter newsletter & financial report for 2005. The Company set a new record with sales of $2,295,149, representing a 43% increase over the same period in 2004; as well as a 9.5% increase over the third quarter '05 of $2,099,478. The gross margin in the 4th quarter of $1,531,386 was a 60% increase over the $2,535,693 for the first 3 quarters of 2005. To view the Company's 4th quarter newsletter & financial report, please follow the link provided:
http://www.con-space.com/Investor%20Relations/Pop-Up%20Windows/quarterlyrprt.pdf
This press release is available on the company's official on-line investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the CON-SPACE Investor Contact & Information Centre. Alternatively, investors are asked to e-mail all questions and correspondence to CCB@Agoracom.com
CON-SPACE is recognized worldwide as the leading designer and manufacturer of specialized voice communication equipment used by Police, Fire, Rescue, Government Agencies, Militaries, Municipalities and general industry. The Company has distribution throughout North America, Great Britain, Australia, and parts of Asia, South America, and Europe. The Company also supplies many other manufacturers with Private Labeled products.
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For more information, please contact:
James L. Swanson, Chairman, CON-SPACE COMMUNICATIONS LTD.
Tel: (604) 244-9323, (800) 755-2528 in the U.S.
invest@con-space.com
505 - 5600 Parkwood Way
Richmond, BC, Canada V6V-2M2
Fax (604) 270-2138
Investor Relations
AGORA Investor Relations
http://www.agoracom.com
(Select "CON-SPACE")
CCB@agoracom.com