Message #30 From:
Stock News Bot Date: November 8, 2006 08:03:00 AM
CVAS News Creative Vistas, Inc. Announces $1 Million in Orders for Video Security and Surveillance Projects - Over $1.8 Million in Orders Announced in Two Weeks
WHITBY, Ontario--(BUSINESS WIRE)--Creative Vistas, Inc., (OTCBB:CVAS), a leading provider of advanced
video security and surveillance products as well as broadband-related
services, today announced approximately $1 million in orders for
security and surveillance projects for customers in government, retail,
health care and property management.
The orders were received by the CVAS subsidiary AC Technical Systems,
which specializes in planning, engineering, and integrating advanced
electronic surveillance systems. The new projects are for both new and
existing customers including Canadian provincial government ministries
and large commercial properties. Revenue from the orders will be booked
primarily in the coming six months.
Sayan Navaratnam, Chairman and CEO of CVAS, commented: “These
orders from new as well as current customers testify to the growing
reputation of AC Technical Systems and the satisfaction of businesses
and agencies that are already using AC Technical’s
advanced security and surveillance systems. These customers include
ministries and businesses where security is a critical concern. Their
demands are exacting, and we are happy to see AC Technical meeting their
standards.”
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
or sayan@creativevistasinc.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
proprietary and non-proprietary technologies to the integrated
electronic security and surveillance market. 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 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.
