RICHMOND, British Columbia, Nov. 16, 2007 (PRIME NEWSWIRE) -- CON-SPACE Communications Ltd. (TSX-V:CCB), (http://www.con-space.com ), a world leader in specialized voice communication products, technical search, surveillance and inspection systems, held its Annual General Meeting (AGM) yesterday afternoon. The Company shared its successes from the previous year, priorities for the upcoming year, announced a new order from an Original Equipment Manufacturer (OEM) and did a show and tell on its newly acquired Search Systems product lines.
"We have had a very exciting year," said Mike Thirlwell, CON-SPACE's new President. "Despite the decline of the U.S. dollar, we were able to grow our business in both the North American and U.K./Europe business groups. We undertook the purchase of Search Systems, Inc. of Bakersfield, CA, relocated them to new premises and hired some new staff. Today we will be showing you the Search Systems products.
"Additional investment in our OEM market is showing results. This past week we received orders from a new OEM customer for over $125K who cited the quality of our product which allowed them to provide a solution to a specific application for the Armed Forces. In addition to all of that we successfully completed the largest product launch in Con-Space history".
The Company proudly displayed and demonstrated a number of Search Systems products to the attendees. The products included the Searchcam 2000 Victim Locator and the DELSAR Life Detector. They also displayed the new line of CON-SPACE radio accessories that were launched this past year.
About CON-SPACE
CON-SPACE and its subsidiary Search Systems, Inc. are recognized worldwide as the leading designers and manufacturers of specialized voice communication equipment, video/audio systems, technical search, surveillance and inspection systems 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. The Company also supplies many other manufacturers with Private Labeled products.
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.
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