Con-X Construction Ltd.

Con-X Construction Ltd.

March 30, 2011 14:01 ET

Con-X Construction Ltd. Update Regarding Ongoing Operations in Victoria B.C. and Saudi Arabia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 30, 2011) - Con-X Construction Ltd. a wholly owned subsidiary of Playbox (US) Inc. (PYBX), has been working as a contractor to Scansa Construction Ltd for 18 months on a large scale housing development in Victoria B.C. called Kettle Creek Station. (www.kettlecreekstation.com) The project is a green eco minded neo traditional development incorporating geo thermal and granite kitchens for a starting price of $340,000. The planned 400 new homes are about 25% complete and the project is ongoing.

Con-X Construction Ltd is proud to be a part of this development and will draw on their experience on this project for the similar 152 home project outside of Vancouver B.C. for Sarra Homes.

Con-X Management is closely monitoring the situation in the Middle East and is continuing to assist with the Young Saudi Housing planning. This project was initiated in 2008 in conjunction with the Royal Family to deal with the 38% of the 25 million Saudis under the age of 14 years old. With the median age of 24.9 years old (for males 26 years female: 23.4 years) the situation has long-term contract possibilities. The current signed Contracts are nearing closure and Con-X expects to have signed new contracts by the end of April.

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