Creative Vistas' Subsidiary Awarded Orders for $800,000 in Security Projects; Company to Provide Access Control and CCTV Solutions on High-Profile Canadian Government Projects.WHITBY, Canada -- Creative Vistas, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CVSA CVSA Commercial Vehicle Safety Alliance CVSA Cyclic Vomiting Syndrome Association CVSA Computerized Voice Stress Analysis CVSA Cape Verdean Student Association CVSA Central Virginia Soccer Association (Richmond, Virginia) ), a leading provider of integrated electronic security and surveillance systems, announced today that its subsidiary AC Technical Systems, Ltd. had been awarded approximately $800,000 (Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. ) in orders for new security projects. Under the agreements, the Company will provide Access Control and CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television equipment, plus installation and related services in three projects for the Canadian Government. AC Technical Systems will work with other integrators on these projects, and will design, supply and install Access Control, CCTV equipment. The Company will work with designers and architects to integrate the equipment into existing operations. The projects are expected to be completed on or about March, 2005. "We are excited that we were awarded such an important role in these high-profile projects," said Sayan Navaratnam, Chief Executive Officer of Creative Vistas, Inc. and AC Technical Systems Ltd. "These orders reflect the growing opportunities for our innovative security solutions, and demonstrate the confidence that governmental entities have in us to provide surveillance solutions in important locations. We believe that our unique ability to deliver these products and services in an efficient, timely manner positions us to win assignments on other important projects." About Creative Vistas, Inc.: Creative Vistas, Inc., through its subsidiary AC Technical Systems Ltd, is a leading provider of integrated electronic security and surveillance systems. It provides its systems to various high profile clients including: Government, School Boards, Retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → , Banks, and Hospitals. The Company has positioned itself as a leading provider of highly advanced integrated security systems. Its integration subsidiary, AC Technical Systems, has offices in Ontario, Canada. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or . |
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