April 20, 2001
NEWS RELEASE NO. 01-008
Trading Symbol CDNX: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - Mr. James L. Swanson, Chairman, of CON-SPACE Communications Ltd. (CDNX:CCB) today announced the retirement of Mr. Montgomery Alton from the Board of Directors and of the decision to select a new replacement Board member.
"Monty has stepped down for personal reasons and we are truly sorry to see him go," said Swanson, "he was with us from the very beginning and has contributed substantially to our development as a Company, helping to guide us through the tough times in the early days. Now as we begin a new era of growth, he will be able to enjoy the benefits from the sidelines as a shareholder, knowing that he helped to make it all happen."
Alton joined the CON-SPACE Board in 1991 while the Company was developing its first product and a year prior to it becoming a public company.
"We must now look for someone to pick up were Monty left off, to advise and direct us during the next and most important phase of the growth of CON-SPACE", said Swanson. "We have a big and exciting job ahead of us over the next few years. Our Company will need a competent person to help us reap the full benefits of our strong, leading position in the Safety Industry and to penetrate even deeper into the Communications Industry."
CON-SPACE Communications Ltd. designs and
manufactures special voice communication equipment for use by
workers, inspectors, and rescue personnel the world over. Their
products are currently used by many military groups, police departments,
fire and rescue teams, domestic preparedness teams, water/waste
water authorities, municipalities and companies within general
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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