24.03.2005 14:04:00
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Creative Vistas' Subsidiary Awarded Orders for Over $1.7 Million in S
Business Editors
WHITBY, Ontario--(BUSINESS WIRE)--March 24, 2005--Creative Vistas, Inc., (OTCBB:CVAS -), a leading provider of integrated electronic security and surveillance systems, announced today that its subsidiary AC Technical Systems, Ltd. had been awarded over $1.7 million (Canadian) in orders for security projects by the Canadian Government, and companies in the education, retail and healthcare markets. Earlier this month, the Company reported over $1 million (Canadian) in orders from customers in similar vertical markets.
"Our business has begun to generate strong momentum, through both new and follow-up orders from our customers" said Sayan Navaratnam, Chief Executive Officer of Creative Vistas, Inc. and AC Technical Systems Ltd. "While orders for our cutting-edge solutions continue to grow from the Canadian Government, we are also rapidly gaining traction in the education and healthcare markets. Our first quarter is off to a strong start, and we anticipate growing momentum throughout the year."
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, 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: 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 or circumstances.
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CONTACT: Creative Vistas, Inc. 905-666-8676 or CEOcast, Inc. for Creative Vistas, Inc. Ed Lewis, 212-732-4300
KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: AEROSPACE/DEFENSE COMPUTERS/ELECTRONICS GOVERNMENT MARKETING AGREEMENTS SOURCE: Creative Vistas, Inc.
Copyright Business Wire 2005
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