Creative Vistas' Subsidiary Awarded Orders for Approximately $450,000 in Security Projects For Leading Canadian Retailer.WHITBY, Ontario Whitby (2006 population 111 184) is a town located east of Toronto on the north shore of Lake Ontario, and is the seat of Durham Region, Ontario, Canada. History -- Creative Vistas, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CVAS CVAS Controlled Vehicle Access System CVAS Configuration Verification Accounting System (NASA) ), a leading provider of integrated electronic security and surveillance systems, announced today that its subsidiary AC Technical Systems, Ltd. had been awarded approximately $450,000 (Canadian) in orders for security-related equipment and services by a leading Canadian retailer. Under the agreement, the Company will provide Access Control and CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television equipment, plus installation and related services designed to ensure the security of two of the retailer's locations. AC Technical has already installed security systems in a number of other sites for this retailer and the Company believes that the retailer could install security systems in hundreds of other store locations. The project has already begun and is expected to be completed prior to the end of the second quarter. The award represents the third high-profile installation announced by the Company during the past two months. Recently, AC Technical Systems announced that it was awarded approximately $800,000 (Canadian) in orders for new security projects for the Canadian Government and $750,000 (Canadian) in security projects for a leading healthcare facility. "This high-profile installation represents an important opportunity for AC Technical Systems," said Sayan Navaratnam, Chief Executive Officer of Creative Vistas, Inc. and AC Technical Systems Ltd. "The size and reputation of this retailer will help generate interest in our products and services from smaller retailers and will serve as an important reference account for us. In addition, future opportunities at this national company's other locations could represent a substantial revenue opportunity." About Creative Vistas, Inc.: Creative Vistas, Inc., through its wholly-owned 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. 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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