Contec Innovations Inc.
TSX VENTURE : BUZ

Contec Innovations Inc.

May 16, 2008 18:17 ET

Contec Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2008) - Contec Innovations Inc. (TSX VENTURE:BUZ), a mobile content services provider, has granted an aggregate of 190,000 options to the independent directors of the Company pursuant to the Company's Employee Incentive Stock Option Plan. Each option is exercisable on or before May 15, 2013 at the price of $0.10 per common share and is subject to a four-month hold period expiring September 16, 2008. The grant of these stock options is subject to TSX Venture Exchange approval.

ON BEHALF OF THE BOARD OF DIRECTORS OF CONTEC INNOVATIONS

Don Lay, President & CEO

About Contec Innovations Inc.

Contec Innovations Inc. (TSX VENTURE:BUZ) operates the BUZmob™ Mobile Media Network, a mobile news, sports, finance and entertainment publishing service for media publishers and mobile service providers. 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™ and BUZmob™ are trademarks 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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