Creative Vistas, Inc. Reports Record Third Quarter and Nine-Month 2007 Financial Results, Marking Seventh Consecutive Quarter of Year-over-Year Gains.

REVENUE AND EBITDA NEAR TOP OF GUIDANCE; COMPANY SEES CONTINUED GROWTH IN FOURTH QUARTER AND BEYOND

WHITBY, Ontario -- Creative Vistas, Inc., (OTCBB: CVAS), a leading provider of advanced video security and surveillance solutions as well as broadband-related services, today announced record financial results for the third quarter and nine months ended September 30, 2007.

Revenues for the third quarter ended September 30, 2007 totaled a record $11.15 million, up 22% from $9.12 million in the third quarter of 2006. For the second quarter in a row, revenues were the highest for any single quarter in Creative Vistas' history. The third-quarter total was near the high end of guidance announced on September 26, 2007, for revenues in the range of $10.8 million to $11.2 million.

Proprietary Technology Drives Financial Growth

The Company's revenue growth was primarily due to growing contributions from the Company's cable and broadband provisioning business. The expansion of this business is being supported by the Company's proprietary business intelligence software which has enabled Creative Vistas to become increasingly more effective at identifying and fulfilling customer needs.

Earnings before interest, taxes, depreciation and amortization (EBITDA1) for the third quarter ended September 30, 2007 totaled $1.29 million, up 11% from $1.16 million before foreign currency adjustments in the third quarter of 2006. After foreign currency adjustments (which affected the year-earlier quarter only), EBITDA was up 3% year-over-year. EBITDA for the third quarter of 2007 was near the high end of the range given in guidance, released on September 26, 2007, which called for EBITDA between $1.15 million and $1.32 million. EBITDA excluding non-cash items and gains from disposal of capital assets was $1.52 million in the third quarter of 2007, up 27% year-over-year.

As in prior quarters, the net income and EPS results for the third quarter and first nine months of 2007 have been affected substantially by non-cash adjustments related to Creative Vistas' capital structure. These include quarterly revaluations of the Company's warrant liabilities, which change in value inversely to the price of its stock. For that reason, the Company believes EBITDA provides a useful tool, in conjunction with GAAP reporting, for gauging the ongoing performance of its operating units.

Net income for the third quarter of 2007 was $267,508, or $0.01 per fully diluted share, compared to $2.22 million, or $0.01 per fully diluted share, in the third quarter of 2006. In the third quarter of 2006, there was a non-cash gain on derivative instruments in the amount of $1.85 million.

CEO Sees Continued Growth in Fourth Quarter and Beyond

"We are extremely pleased to report another quarter of record revenue, strong year-over-year growth, and consistent profit as measured by EBITDA," said Sayan Navaratnam, Chairman and CEO of Creative Vistas. "Our third quarter results are especially notable as our growth in revenue is further supported by growth in EBITDA. With our business intelligence technology providing high levels of efficiencies, alongside a highly capable management team which has further improved this year with key additions, and the launch of our DependableHome on-track for the first quarter of 2008, we are continuing to lay the foundation for a very strong long-term future."

For the nine months ended September 30, 2007, Creative Vistas reported revenues of $28.52 million, up 25% from $22.73 million in the first nine months of 2006.

Creative Vistas reported a net loss of ($72,864), or ($0.00) per fully diluted share, compared to a net loss of ($4.38 million), or ($0.14) per fully diluted share. EBITDA for the first nine months of 2007 was $2.81 million, up 36% from $2.06 million in the first nine months of 2006. EBITDA excluding non-cash items and gains from disposal of capital assets was $3.26 million in the first nine months of 2007, up 48% year-over-year. Revenues for the third quarter 2007 were positively impacted by approximately 8% due to currency fluctuations compared to the third quarter of 2006.

Company Provides Fourth Quarter Guidance

The Company today also announced that it expects revenues for its fourth quarter of 2007 ending December 31, 2007 to range between $10.7 million and $11.0 million, up 39% to 43%, from revenues of $7.70 million reported in the fourth quarter of 2006. EBITDA for the fourth quarter is expected to increase to between $475,000 - $575,000 from $379,000, up 25% to 52%.

For further information on Creative Vistas, please visit www.creativevistasinc.com. 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 [e-mail].

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 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.

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1 EBITDA represents, for any relevant period, income (loss) before income taxes, depreciation of property, plant and equipment, interest expense (including amortization of debt issuance costs) and amortization of intangible assets.