January 5, 2001
NEWS RELEASE NO. 01-001
Trading Symbol CDNX: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - Mr. Terry Ibbetson, President of CON-SPACE Communications Ltd., (CDNX:CCB), announced today that the Canadian Venture Exchange has extended the term of the Company's Escrow Agreement for a further five years.
The current Escrow Agreement was due to expire December 31, 2001. With the extension, the new expiry date is December 31, 2006.
CON-SPACE is recognized worldwide as the leading manufacturer of special voice communication equipment for people who work in Confined Spaces and other hazardous areas. Equipment made by CON-SPACE is presently used in many countries throughout the world by government agencies, municipalities, fire departments, law enforcement, rescue teams and general industry. Their equipment is also used by military organizations worldwide.
The Company is an ISO-9001 Registered Company
and has its head office in Richmond, BC, Canada.
For more information, please call Jim Swanson, Investor Relations, 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.
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