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April 3, 2003
News Release 03-011
Trading Symbol TSX-VEN: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - "Over One Million Dollars in sales for the month of March," announced Mr. Terence A. Ibbetson, President of CON-SPACE Communications Ltd., (TSX-VEN:CCB) earlier today, "which is a new monthly sales record and 378% above March 2002."
"With billings in excess of $1,080,000 for March, our third quarter sales are now over $1,888,000, a 68% increase over the $1,127,000 achieved during our second quarter," continued Ibbetson. "Further, the Company's original forecast for fiscal 2003 was $3,350,000. With sales above $3,808,000, we are already 14% ahead of our complete fiscal year 2002 results and have another full quarter to go."
Ibbetson stated that the final numbers for the third quarter along with earnings per share will be released at the end of April.
The rapid growth experienced by CON-SPACE is continuing as expected. The Company's products are well known in the Industrial, Rescue and Military markets worldwide and its personnel are acknowledged for their expertise in providing solutions for communication in difficult and hazardous situations. The Company's reputation strengthens through deeds like the successful rescue of nine miners in Pennsylvania last year, when the CON-SPACE Rescue Probe was used to make initial contact with the miners.
Over the past 10 years CON-SPACE has developed a strong market niche for its unique communication equipment across all market sectors and is now supplying the increased needs of both the Military and Rescue Communities. The Company has also built a strong customer base that includes supplying its products to other manufacturers as "private labeled" items.
See CON-SPACE's website at www.con-space.com for additional information.
For more information, please call James
L. Swanson, Chairman, 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.
and Safety
in Communication areHome | Products | Confined Space | Equipment Applications About CON-SPACE | Contact Us | Site Map | Links