Press Release

Creative Vistas' Subsidiary Receives Approval for Research Funding from Canada's National Research Council to Continue Development of Cutting-edge Business Intelligence Software

Wednesday, Dec 5 9:05 am ET

WHITBY, Ontario--(BUSINESS WIRE)--Creative Vistas, Inc. (OTCBB:CVAS - News), a leading provider of advanced video security and surveillance solutions as well as broadband-related services, announced today that it has received approval for research funding from the National Research Council Canada Industrial Research Assistance Program (NRC-IRAP). Subject to the terms of the agreement, Creative Vistas will receive funding in support of research and development activities in Business Intelligence (BI) software.

Creative Vistas, Inc. will apply the NRC-IRAP support to qualified research activities of CVAS’ newly formed subsidiary OSS-IM View (OSS-IM). OSS-IM View specializes in research and development of proprietary BI software for CVAS. The Company’s current version of BI software is a leading-edge program that can manage data from over a million multi-faceted transactions fulfilled annually by the Company for its large cable-system customers. Wireless and web enabled, the software provides automated intelligent decision-making for managing customer transactions, vehicles, technicians, supply chains, HR-related functions and other activities.

"We have been actively investing in research and development over the past few years in order to build out a proprietary technology platform inside of the company," said Sayan Navaratnam, Chief Executive Officer of Creative Vistas, Inc. “We are pleased to receive the support from NRC-IRAP as we bring these products and technologies to market. We believe that further evolution of our BI software will provide us a significant competitive edge over our competitors"

NRC-IRAP provides a range of both technical and business oriented advisory services along with potential financial support to growth-oriented Canadian small- and medium-sized enterprises. Working directly with these clients, NRC-IRAP supports innovative research and development and commercialization of new products and services.

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 htajyar@irintl.com or sayan@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. 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, 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.

Contact:
Investor Relations International
Haris Tajyar, 818-382-9700
htajyar@irintl.com
OR
Creative Vistas, Inc.
Sayan Navaratnam, 905-666-8676
sayan@creativevistasinc.com