Contec Innovations Inc.
TSX VENTURE : BUZ

Contec Innovations Inc.

February 20, 2008 15:03 ET

Contec Completes Issuance of Employee Shares

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 20, 2008) - Further to the news release dated February 6, 2008, Contec Innovations (TSX VENTURE:BUZ), a mobile content service provider, has completed the issuance of 317,250 common shares to employees of the Company at a deemed price of C$0.09 per share.

The shares covered under this issuance represents the amount certain employees purchased for the months of December 2007 and January 2008 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 February 19, 2008 and the shares issued will be subject to a four-month hold period expiring June 20, 2008.

ON BEHALF OF THE BOARD OF DIRECTORS OF CONTEC INNOVATIONS

Don Lay, CEO

About Contec Innovations

Contec Innovations Inc. (TSX VENTURE:BUZ) operates the BUZmob™ mobile publishing service. BUZmob™ delivers digital content to mobile users on any device, on any network, anywhere in the world. BUZmob™ is powered by Contec's Hornet™, a mobile data infrastructure solution that accelerates the creation and rollout of mobile data services. Headquartered in Vancouver, Canada, Contec has a sales and support office in Beijing, China. For more information: www.contec.ca or www.buzmob.com.

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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