CON-SPACE Communications Ltd.

CON-SPACE Communications Ltd.

July 02, 2008 16:44 ET

CON-SPACE Co-Founder & CEO, Terry Ibbetson Steps Aside

RICHMOND, BRITISH COLUMBIA--(Marketwire - July 2, 2008) - CON-SPACE Communications Ltd. (TSX VENTURE:CCB), a world leader in specialized voice communication products, technical search, surveillance and inspection systems, today announced that Mr. Terence A Ibbetson, co-founder and Chief Executive Officer of CON-SPACE has stepped aside from his position and from the day to day operation of the Company.

Mr. Ibbetson said it best to the Company employees is his farewell memo, "Through the years I have seen people grow with the Company. CON-SPACE is now home to many who have made careers here, brought up families and they are the sole reason for the positive impact we have made on the people we serve, CON-SPACE equipment has made a difference. We have saved many lives helped make the working lives of our customers safer and easier. When I look at what we have done, I feel satisfied that much of what we set out to do has been accomplished."

"Terry has been a long-time friend and business partner who has made a significant contribution in building this Company to what it is today," said Mr. James L Swanson, co-founder and Chairman, of CON-SPACE. "His daily input will be missed but after years of service he will now have more time for his family and personal life. We all wish him the best."

Mr. Ibbetson remains as a director of the Company.


CON-SPACE Communications Ltd., and its subsidiary, Search Systems, Inc. are recognized as leading designers and manufacturers of specialized voice communication equipment, video/audio systems, technical search, surveillance and inspection systems. Their equipment is sold throughout the world to police, fire, rescue, government agencies, militaries, municipalities and general industry under the CON-SPACE and Search Systems labels and under private labels through OEMs. CON-SPACE products are used in confined spaces, hazardous atmospheres, rescue applications and security situations. With headquarters located in Richmond, BC, the Company has manufacturing facilities in Bakersfield, CA, Blaine, WA; Lincoln, NE; and Newark, England. CON-SPACE also has independent distributors throughout North America, Great Britain, Europe, Australia, Asia, South America and other countries around the world.

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 and view the CON-SPACE Investor Contact & Information Centre. Alternatively, investors may e-mail questions and correspondence to or


This news release contains forward-looking statements which reflect management's current expectations regarding the Company's objectives, plans, goals, strategies, future growth, results of operations, performance and business prospects and opportunities. These forward-looking statements are not guarantees, but only predictions. Although the Company believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a number of factors that could cause actual results to vary significantly from current expectations. These factors and other risks and uncertainties are discussed in the Company's materials filed with the Canadian securities regulatory authorities from time to time, as identified in the Company's disclosure record on The forward-looking statements included in this news release are made only as of the date of this news release and the Company does not undertake to publicly update these forward-looking statements to reflect new information, future events or otherwise.

TSX-Venture: Tier 1

SEC Exemption #82-3378

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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