Message #33 From:
Stock News Bot Date: February 13, 2007 08:00:00 AM
CVAS News Creative Vistas, Inc. Receives $1 Million in Orders for Security and Surveillance Projects
WHITBY, Ontario--(BUSINESS WIRE)--Creative Vistas, Inc., (OTCBB:CVAS), a leading provider of advanced video security and surveillance products and broadband-related services, today reported that its wholly-owned AC Technical Systems subsidiary has received orders totaling approximately $1 million from the Ontario provincial government and commercial property management, health care and general surveillance sectors.
The orders are for surveillance and security services to supply and integrate Access Control and Closed Circuit Television (CCTV) Systems. A majority of the orders are expected to be fulfilled within the first half of 2007. AC Technical Systems, one of Creative Vista’s three operating subsidiaries, specializes in planning, engineering, and integrating advanced electronic surveillance systems.
Creative Vistas Chairman and CEO Sayan Navaratnam commented, “This latest series of orders for our AC Technical Systems’s products is a clear testament that Creative Vistas is rapidly growing across all of its business segments, including surveillance products and services as well as cable, broadband and networking. Surveillance is an important part of our core competency and orders in this sector are expected to continue going forward.”
If you would like to be added to Creative Vistas' investor email lists or have additional questions, please contact Haris Tajyar with Investor Relations International at htajyar@irintl.com.
About Creative Vistas
Creative Vistas, Inc., is a leading provider of security-related technologies and systems, it also provisions the deployment of broadband services. Operating through its wholly-owned subsidiaries AC Technical Systems Ltd and Iview Digital Video Solutions Inc., it offers integrated electronic security and surveillance solutions. Its systems are used by numerous high-profile clients including government, school boards, retail outlets, banks and hospitals. Through its subsidiary Cancable Inc., the company also provisions the deployment and servicing of broadband technologies to the commercial and residential market. Creative Vistas is based in Ontario, Canada.
Forward-Looking Statements: Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results for reasons described from time to time in the Company's public filings. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events.
