Creative Vistas Announces Stock Purchase Program for Employees.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 advanced video security and surveillance products as well as broadband-related services, today announced that it is implementing a Stock Purchase Program for its employees. The program is a result of strong requests by employees to have the ability to purchase stock in the open market in an orderly fashion. The program is expected to start in May 2007 and will be initially introduced to the Cancable division, which currently employs over 400 employees. The purchases will be executed in the open market, facilitated by Dundee Securities Corporation, and the purchase amounts will be solely at the discretion of the employees. Sayan Navaratnam, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CVAS, commented: "We are pleased that the employees want to be a part of our long-term strategy and that they have requested this new program to assist them in buying shares of CVAS. It is a very good sign when employees are eager to become shareholders. It shows that they believe in the Company's business plan and see success in the Company's future. We expect to see positive results from the program." If you would like to be added to Creative Vistas' investor email lists or have additional questions, please contact Haris Tajyar with Investor Relations Investor relations The process by which the corporation communicates with its investors. International at htajyar@irintl.com or sayan@creativevistasinc.com. For further information on CVAS please visit www.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 See broadband and broadband service provider. . 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 retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → , 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 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. |
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