TSX-Venture: Tier 1
SEC Exemption No.82-3378
RICHMOND, BC, Aug. 1 /CNW/ - Jim Swanson, Chairman of CON-SPACE
Communications Ltd. ("CON-SPACE"), (TSX-V: CCB), (con-space.com) today
announced, the appointment of Mr. James Livingstone to the Board of Directors
and Mr. Steve Mathiesen to the position of Corporate Secretary.
"It is with great pleasure that we welcome James and Steve to CON-SPACE",
said Swanson, "as we know they will assist us in progressing to our next
level. Mr. James Livingstone has consented to serve as a Director and Mr.
Steve Mathiesen as Corporate Secretary. These two highly qualified people
round out the Board and Senior Officers of the company and will assist
Management of the Company to achieve its planned objectives for significant
James Livingstone, UBC educated, is a CA and Partner with Wolrige Mahon
LLP Chartered Accountants of Vancouver, BC. He manages one of the leading
corporate finance teams in BC and specializes in solving strategic and
financial problems for manufacturers, distributors and service companies. He
is assertive, growth-oriented and passionate about helping companies grow and
improve their value through acquisitions, financial management and growth
capital. James has assisted numerous companies through the entire acquisition
and divestiture process from targeting and evaluating buyers, to valuation,
due diligence and final close.
Steve Mathiesen, UBC and SFU educated, is a Lawyer and Partner with Lang
Michener LLP of Vancouver, BC. He has been a business lawyer for 28 years
focusing on public and private companies with emphasis on acquisitions,
financings, securities and corporate matters. Steve's superior corporate
knowledge and background lends itself to the continued development
requirements of CON-SPACE.
James Livingstone will replace Eric Harris and Vince Ready on the board
as both of these gentlemen have found it necessary to devote more of their
time to their own individual companies. Steve Mathiesen will replace Jim
Swanson as Corporate Secretary though Jim will remain as Chairman and CFO.
"We are extremely appreciative of the efforts of both Eric and Vince,"
said Swanson, "as it was through their guidance and direction that CON-SPACE
worked its way through tough times in its early growth and continued to help
us reach our current level."
CON-SPACE continues to put time and resources into the development of its
organization. This includes its products, manufacturing, systems, management
and corporate growth. As the future of CON-SPACE develops, its professionalism
and attention to detail will stand it in good stead.
CON-SPACE is recognized worldwide as the leading designer and
manufacturer of specialized voice communication equipment used worldwide by
police, fire, rescue, government agencies, militaries, municipalities and
general industry. Its products include, but are not limited to, voice
communication equipment that is used by those operating within confined
spaces, potentially explosive atmospheres, areas of extreme high noise and in
situations where protective clothing or suits need to be worn.
The Company has distribution throughout North America, Great Britain,
Australia, and parts of Asia, South America, Europe and the Middle East.
CON-SPACE, headquartered in Richmond, BC, Canada, has subsidiaries in
Britain and the United States, as well, it recently acquired Search Systems,
Inc. of Bakersfield, CA.
About SEARCH SYSTEMS
Search Systems, Inc (www.searchsystems.com) is a world leader in the
design and manufacture of technical search, surveillance and inspection
systems. Its video/audio systems, including the Searchcam 2000, Searchcam
Patrol System, Under Vehicle Inspection System, the Searchcam EntryLink plus
the DELSAR Life Detector are used around the world by search and rescue teams,
law enforcement, the military, customs inspection, tactical teams and
industrial inspection personnel.
This press release is available on the company's official on-line
investor relations site for investor commentary, feedback and questions.
Investors are asked to visit http://www.agoracom.com and view the CON-SPACE
Investor Contact & Information Centre. Alternatively, investors are asked to
e-mail all questions and correspondence to 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 TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: James L. Swanson, Chairman, CON-SPACE, Tel:
(800) 755-2528 or firstname.lastname@example.org; Investor Relations, AGORACOM Investor
Relations, http://www.agoracom.com or CCB@agoracom.com