November 10, 1999
NEWS RELEASE NO. 99-015
Trading Symbol VSE: CCB
US SEC Exemption No. 82-3378
RICHMOND, BC - CON-SPACE Communications Ltd., (VSE:CCB) announced the introduction of three new product lines at its Annual General Meeting held today. The new products will greatly broaden existing markets for the Company's specialized voice communication equipment and open many new markets as well.
The Rescue Probe was designed with the cooperation of seasoned rescue professionals from numerous Fire Departments and Urban Search and Rescue Teams throughout North America. The Rescue Probe is a two-way communication device that assists in locating and communicating with victims of natural and man-made disasters, i.e. Earthquake, Hurricane, Bombings, Weapons of Mass Destruction, Building Collapse, etc. This unique accessory was field tested for over a year and is ready for shipment as of this week.
The Power Talk Box System is a completely new concept in Handsfree Industrial grade Hardline communication equipment. This modular equipment can be utilized as a stand-alone system or integrated into current CON-SPACE communication systems. These products will expand sales of existing equipment and provide communication solutions for entirely new markets. The Power Talk Box products are designed and awaiting completion of the intrinsically safe testing process. Shipments to customers are expected to begin before the end of December 1999.
Finally, there is the SR65i, a completely new line of Intrinsically Safe Portable Radio Accessories that will attach to virtually any portable radio on the market today. The flexible design and full line of accessories allows the product to address multiple applications such as Law Enforcement, Military, Rescue, Special Forces, Petro-Chemical, to name only a few. It will allow communication while inside Nuclear, Chemical & Biological Protective suits, or in high noise environments even while wearing facemask equipment. The complete SR65i product line will be available in early 2000.
Over the past seven years, CON-SPACE has established itself as the leader in Hardline voice communication equipment for Confined Space applications. This market position is reflected in the Company's sales growth, averaging 34% per year since the company began. With the introduction of these new products, a planned equity financing and the filing of an Annual Information Form, CON-SPACE is poised to take on new markets and spur company growth well into the new Millenium.
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]
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