February 28, 2000
NEWS RELEASE NO. 00-005
Trading Symbol CDNX: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - Mr. David Palmer, Investor Relations Officer for CON-SPACE Communications Ltd., (CDNX: CCB) announced today that the company is now ranked as one of BC's top 100 technology companies.
The T-Net 100, which is new this year, is intended to provide an annual benchmark for BC's top technology companies. The ranking is based on revenue and CON-SPACE came in at number 91 on the list.
"We are delighted to make the list," said Palmer. "Being recognized for our efforts by the business community in this way is a very positive step. Now that we know where we stand we can plan our journey to the top of the list and be measured along the way. With our current growth we are looking forward to our progress." CON-SPACE is a goal-oriented company that has grown at an average rate of 34% per year for the past seven years. During this time it has established itself as the leading supplier of unique, special purpose communication equipment for industry and the military.
CON-SPACE started as a concept in the early
'90's and has grown into an internationally recognized company
selling quality communication products throughout the world. Its
markets continue to grow at an exponential rate as they mature
and the introduction of new products are feeding current markets
and opening new ones.
CON-SPACE produces voice communication equipment for people who work in confined spaces, hazardous areas or noisy environments. Its products are used by militaries, government agencies, municipalities, fire departments, police units, rescue teams, general industry and is private labeled for other manufacturers.
For more information, please call Shaheen Sidi, Controller, CON-SPACE COMMUNICATIONS LTD., (604) 244-9323, (800) 755-2528 in the U.S., or by e-mail [email protected]. The CON-SPACE web site is located at http://www.con-space.com. "Forward-looking" statements in this release involve risks and uncertainties associated with, among others, economic, industry conditions, technological development, and competition and should not be relied upon as actual results may differ materially from those projected.
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