Press Release
Creative Vistas Announces Stock Purchase Options Program
For Employees
Tuesday May 16, 11:45 am ET
WHITBY, Ontario--(BUSINESS WIRE)--Creative Vistas,
Inc., (OTCBB:CVAS - News), 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.
For further information on Creative Vistas please visit
www.creativevistasinc.com . 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 info@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 integrated electronic
security and surveillance solutions. 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 also
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
|