March 27, 2001

Trading Symbol CDNX: CCB
US SEC Exemption No. 82-3378

RICHMOND, BC - Mr. James L. Swanson, Chairman of CON-SPACE Communications Ltd., (CDNX:CCB), the world's leading Company in specialty voice communication equipment, announced today the Company will introduce its new two-way radio accessory, the SR65i, to the Communication Industry at the International Wireless Communications 25th anniversary Expo later this week in Las Vegas.

The International Wireless Communications Expo (IWCE) is an annual exposition and conference serving the needs of the two-way mobile Communications Industry, held every year at the Las Vegas convention center. This trade show plays host to more than 350 exhibiting companies, over 10,000 attendees and is composed of an extensive exhibit floor, numerous education sessions and special events. IWCE 2001 is celebrating its 25th anniversary this year with its education program beginning on March 26, the convention taking place on March 28-30. It is considered the show to attend for all commercial, private and public safety users, dealers and operators of two-way radio equipment.

"We have been making substantial inroads with our new SR65i two-way radio accessory into the two-way industry," said Swanson, adding, "but now is the time for the formal launch and this is the show in which to do that. This is the premier show of its kind in North America." CON-SPACE, well known in the Safety Industry, has been developing products that address the needs of those in the two-way Communications Industry and is now officially launching its products at the IWCE 2001 show.

The Company's SR65i is a special new line of Intrinsically Safe (that is what the "i" stands for) two-way Radio Accessories that attach to virtually any portable radio on the market today. The flexible design allows users to communicate effectively and reliably during riot, covert, and rescue operations or high noise environments, even while wearing facemask equipment or while inside Nuclear, Chemical & Biological Protective suits. Applications include Law Enforcement, Military, Rescue, Special Forces, Petro-Chemical, and general industry to name only a few.

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 and also supplies many other manufacturers with Private Labeled products.

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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