Contec Innovations Inc. Sparks Interest in Current Events.

M2 PRESSWIRE-25 June 2007-www.streetinvesting.com: Contec Innovations Inc. Sparks Interest in Current Events(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:25062007

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News on The Street this Friday rumble with a grim resonance as it becomes more evident that the bears are set for another rampage. The main culprit is bond yields capricious tendencies which are suffocating any market recovery attempts to a blurred trading sentiment. Investors unwillingly have to drag the scare of a potential rate hike which is constantly weighing on their psyche, and controlling their decision-making. However, what could act as a would-be protective shield on this week's last trading session is news about Blackstone Group LP, or rather a stake in the management arm of the company. Leaving Blackstone to the logs of history, Contec Innovations Inc. (TSX-V: BUZ) closed at $ 0.16 with a trading volume of 50,000 this Friday.

The exchanges in the US and Canada are frontiers of dreams and opportunities, which is why our research team have been involved in intensive study and investigation of the Canadian Juniors. Our aim is to bring to the surface an inventory of companies that have the capability of making a difference to your portfolio. Contec Innovations Inc. is one of the nominees we decided to offer to your inspecting eyes.

On Friday 22nd June, 2007, in a press release, Contec Innovations Inc., a provider of mobile infrastructure software, published that it has received $928,100 from the exercise of 6,187,335 share purchase warrants at 15 cents, representing 87% of the 7,111,167 outstanding warrants that expired June 16, 2007. The remaining 923,832 unexercised warrants have now expired. Proceeds from the exercise of the warrants have been added to working capital.

Contec also announced changes to its management team to reflect its emphasis on sales and marketing for China and to advance opportunities in the mobile publishing arena. Oren Friedman has been promoted to VP, Marketing and Business Development. Mr. Friedman will have responsibility for product management, BUZmob business development, marketing and partnerships. "Oren joined us last summer and has been a driving force in getting the Hornet-powered BUZmob mobile publishing business to market," said Don Lay, Contec CEO. "This new role reflects his expanded responsibilities to drive this segment of our business," he added.

Mr. Friedman has over a decade of software and telecommunications industry experience. Before recently settling in Canada he worked and lived in the Middle East, the United States and Europe and has held roles in product management and business development with technology providers PureSight Inc. (acquired by Boston Communication Group, (NASDAQ:BCGI)), Commtouch Inc. (NASDAQ:CTCH) and TTI Telecom (NASDAQ:TTIL). Mr. Friedman holds an MBA from the Stern Business School at New York University and an LL.B. degree in Law from Tel-Aviv University.

Sun Hua has been appointed to General Manager, China and is now responsible for leading all sales & marketing thrusts of Contec's Chinese operations, based in Beijing. Sun, who joined Contec in March of this year, is a 13-year veteran of Ericsson China, a unit of Ericsson AB, the world's leading mobile infrastructure provider.

Contec Innovations Inc. develops and markets HornetTM, a mobile data infrastructure solution that accelerates the creation and rollout of mobile data services. BUZmobTM is a Hornet-powered publishing service for mobilizing Internet content for news agencies, media companies, blog platforms and social networks. BUZmobTM 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.

As investors look ahead for pros and cons in Fridays trading session, they will be opting more for the bear approach as a first line of defense. Next week brings a compact economic agenda as the Federal Reserve will be meeting to discuss and disclose several readings on the housing sector and the final report on economic growth in the first quarter. With a tidal wave of data about to be unleashed, we are curious to see how Contec Innovations Inc. will react to them. So, we would like to invite you to log on our website, www.streetinvsting.com, as future news release and development plans of Contec Innovations Inc. will be posted therein.

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