Contec Innovations Inc.
TSX VENTURE : BUZ

Contec Innovations Inc.

March 04, 2008 17:42 ET

Contec Employees Invest in Shares

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2008) - Contec Innovations Inc. (TSX VENTURE:BUZ), a mobile content service provider, will issue to certain employees an aggregate of 208,289 common shares at a deemed price of C$0.095 per share.

The shares covered under this issuance represent the amount certain employees purchased for the month of February 2008, under an optional program that enables them to invest in shares of the Company by being paid a percentage of their salary in common shares. These shares will be subject to a four-month hold period and the issuance of these shares is subject to TSX Venture Exchange approval.

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.

ON BEHALF OF THE BOARD OF DIRECTORS OF CONTEC INNOVATIONS

Don Lay, CEO

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.

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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