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May 11, 2000
NEWS RELEASE NO. 00-011
Trading Symbol CDNX: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - Mr. James L. Swanson, Chairman of CON-SPACE COMMUNICATIONS LTD., (CDNX:CCB) announced today another record setting Quarter. Total sales for the 3rd quarter, ended March 31st 2000, were $915,460 a 38.3% increase over the $662,005 of sales for the 3rd quarter of 1999.
"CON-SPACE has positioned itself as a company that can solve complex voice communication problems and a company that services its customers," said Swanson. "We are concentrating on building a world class company, one that other manufacturers and investors alike can turn to as a top quality organization." The year to date sales ended at $2,134,490 up 16.2% over the $1,836,440 for the same period one year ago.
With its head office and manufacturing facility in Richmond, BC, Canada and subsidiaries in the United States and England, CON-SPACE started business in 1992. Since then, the company has earned the reputation as 'the world's leading manufacturer and supplier of specialized voice communication equipment' for use in confined spaces and other hazardous work situations including rescue operations. "We are the primary supplier, world wide, of the specialized type of equipment we design and manufacture… and we intend to remain so," said Swanson.
Currently, the company is in the process of a public offering available through Canaccord Capital Corporation of Vancouver and is holding various investor meetings to explain the company's progress and future plans. The latest meeting is taking place at the Abercorn Inn at 7:15 PM tonight Tuesday May 2, 2000. Interested investors are invited to attend.
The complete financial report for the 3rd
Quarter will be published in two to three weeks and will be available
directly from the company. The CON-SPACE web site, http://www.con-space.com,
also has a complete listing of products, an overview of the "Confined
Space Industry", financial data, plus many other interesting
items relating to the company's business and its continued success.
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]. "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.
and Safety
in Communication areHome | Products | Confined Space | Equipment Applications About CON-SPACE | Contact Us | Site Map | Links