Richmond, British Columbia CANADA, September 22, 2005 /FSC/ - Con-Space Communications Ltd. (CCB - TSX Venture), (www.con-space.com), continually proves itself as a unique and powerful growth company. This time it has been recognized as one of British Columbia`s 50 fastest growing companies by BUSINESS in VANCOUVER (``BIV``).
BIV and their sponsor KPMG, using a specific set of metrics, determined that CON-SPACE was the 36th fastest growing company in BC out of a list of 50 companies. BIV is an award-winning weekly newspaper serving the Greater Vancouver area since 1989. Targeted at business decision-makers, it provides local business news, information and reaches more than 62,000+ readers a week.
CON-SPACE`s achievements, along with the other 49 fastest growing companies in BC, were highlighted in the September 13th issue of BIV. James L Swanson, Chairman and Terence A Ibbetson, President of CON-SPACE Communications will be attending the award ceremonies taking place on September 28, 2005.
CON-SPACE Chairman, Jim Swanson, stated, ``We are very proud to be named one of BC`s fastest growing companies as it undeniably demonstrates that our business model is a winner.`` Mr. Swanson added, ``Our past and current success is a reflection of the personnel and infrastructure we have put together over the past several years. We believe the foundation has now been set for continued growth well into the foreseeable future.``
The Company Grew by over 27% during its latest fiscal ended June 30, 2005. Financial numbers are due to be released early next week.
This press release is available on the CON-SPACE IR HUB for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/IR/CON-SPACE. Alternatively, investors are asked to e-mail all questions and correspondence to CCB@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.
About CON-SPACE Communications Ltd. http://www.con-space.com
CON-SPACE was started in 1991 to develop unique communication equipment that would provide safety to workers, rescuers, police & military, products that were not available anywhere. The equipment it designs and manufactures is used during normal, hazardous and rescue operations by: general industry, municipalities, fire departments, police departments, rescue teams, state and federal government agencies, and military groups the world over. Examples are: Miami Water, New York Fire, San Diego Police, NASA, Coors, Procter & Gamble, Boeing, US Army, British Army, New Zealand Air Force, US Air Force, Canadian Customs, US Navy, Navy Seals, FBI, DEA, US Secret Service, & Air Force One.
The Company headquarters are located in Richmond, British Columbia. All product design and manufacturing take place at these premises. Other Company facilities are located in the United Kingdom and the United States. Further, the Company has distributors in: China, Japan, S. Korea, Taiwan, Indonesia, Australia, New Zealand, Brazil, Israel, Turkey, Greece, Italy, Spain, Ireland, and the United Kingdom. CON-SPACE is known worldwide for its quality equipment and expertise. It has been involved in aftermath of various earthquakes, building collapses, and man made disasters, including: the Oklahoma bombing, World Trade Center collapse and the rescue efforts regarding the trapped miners in Pennsylvania in July 2002 of which its products were the first to make communication with the trapped miners.
The market place addressed by CON-SPACE has enormous potential. In the US alone there are 4,800,000 dangerous confined spaces thorough out 37 different industries, plus 33,000 Fire Departments, 53,000 Water Departments, plus rescue, police, government agencies, and military, homeland security and domestic preparedness. Adding to these numbers there is Canada, Great Britain, the rest of Europe, Australia, New Zealand, etc. The world wide market potential is estimated to exceed $4 Billion for the kind of equipment CON-SPACE specializes in producing. Further, the Company manufactures ``Private Labeled`` products for a number of other equipment manufactures.
For more information, please contact:
James L. Swanson, Chairman,
CON-SPACE COMMUNICATIONS LTD.
505 - 5600 Parkwood Way
Richmond, BC, Canada V6V-2M2
Tel: (604) 244-9323
(800) 755-2528 in the U.S.
Fax (604) 270-2138
invest@con-space.com
Investor Relations
AGORA Investor Relations
http://www.agoracom.com/IR/CON-SPACE
CCB@agoracom.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. The following are registered trademarks of CON-SPACE Communications Ltd., CON-SPACE, Safety in Communication and the CON-SPACE logo.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release
