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May 13, 2003
News Release 03-013
Trading Symbol TSX-VEN: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - Further to the New Release of September 18, 2002, when it was announced that the shares held in escrow were to be released over five and one-half years, Mr. James L. Swanson, Chairman, CON-SPACE Communications Ltd., (TSX-VEN: CCB) announced today that the Toronto Venture Exchange has now approved the Company's proposal to provide escrow release over a 36-month period based on the Company being a Tier 1 issuer. The Company became a Tier 1 issuer as of January 9, 2003.
It is expected that this new release schedule
will be retroactive to January 9th to correspond to the Company's
advancement to Tier one status. As the Company's business continues
to flourish application will be made immediately to the issuer's
trust company to release these shares accordingly.
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. Its web site is www.con-space.com.
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