Press Release

Creative Vistas Inc. Expects $7.5 Million in Revenues, Positive EBITDA for Fourth Quarter of 2006

Tuesday January 23, 11:30 am ET

Full Year 2006 Revenues Projected to Reach $30 Million; EBITDA Marks 4th Straight Quarter in Black

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 offered updated financial guidance for the fourth quarter and full year ended December 31, 2006.

Revenues for the fourth quarter of 2006 are expected to total approximately $7.5 million, up from $1.7 million from the fourth quarter of 2005. The increase is due primarily to the revenues from Cancable, a subsidiary acquired at the beginning of 2006. For all of 2006, Creative Vistas expects revenues to total approximately $30 million, compared to $8.5 million in 2005. Again, the increase is due largely to the Cancable acquisition. The Company had originally projected revenues of $26 million for 2006.

Due to the highly volatile nature of derivative values tied to Creative Vista's stock price and the impact of these values on the bottom line, the company is not providing guidance at this time for net income or earnings per share. However, it expects that earnings before interest, taxes, depreciation and amortization (EBITDA) will be positive. . This represents the fourth consecutive quarter of positive EBITDA for Creative Vistas, which also expects to reach positive EBITDA for the fiscal year ending 2006.

"This new guidance shows the Company's success in executing its growth strategy financially and strategically. The Company continues to reap the benefits of the Cancable acquisition and other aspects of its growth strategy that includes increased sales and margins," said Creative Vistas Chairman and CEO Sayan Navaratnam. "Cancable has provided a substantial new stream of revenue, and as importantly, it also has given us a potential platform and an addressable consumer market- through its cable provisioning, networking and other services - to expand the market for our original core business, networked video surveillance services. We enter into 2007 with a strong platform for growth in revenues, margins, and technology within all our divisions. We are now on a fast track to full profitability amid sharply increasing sales."

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.

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:
Creative Vistas, Inc.
Sayan Navaratnam, 905-666-8676 (Corporate Inquiries)