Contec Innovations Inc.

Contec Innovations Inc.

September 20, 2007 16:22 ET

Contec Completes Issuance of Employee Shares

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2007) - Further to the news release dated September 7, 2007, Contec Innovations (TSX VENTURE:BUZ), a provider of mobile Internet infrastructure software, has completed the issuance of 196,751 common shares to employees of the Company at a deemed price of C$0.13 per share.

The shares covered under this issuance represents the amount certain employees purchased for the month of August 2007 under an optional monthly program that enables them to invest in shares of the Company by being paid a percentage of their salary in common shares.

The TSX Venture Exchange accepted this transaction on September 14, 2007 and the shares issued will be subject to a four-month hold period expiring January 18, 2008.


Don Lay, CEO

About Contec Innovations

Contec Innovations Inc. (TSX VENTURE:BUZ) develops and markets Hornet™, a mobile data infrastructure solution that accelerates the creation and rollout of mobile data services. BUZmob™ is a Hornet-powered publishing service for mobilizing Internet content for news agencies, media companies, blog platforms and social networks. BUZmob™ provides publishers a simple, web-based solution to deliver digital content to mobile users on any device, on any network, anywhere - without requiring them to download software. Contec is headquartered in Vancouver, Canada and has a sales and support office in Beijing, China. or

The statement made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations. Hornet™ is a trademark of Contec Innovations Inc.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein.

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