Press Release

Creative Vistas, Inc. Issues Positive Guidance for Third Quarter, Sees Revenues up 18% to 23%

Wednesday, September 26 9:03 am ET

Revenues Expected to Reach Over $10.5 million in the Third Quarter for the First Time in Company History, Double-Digit Sequential Gains Also Projected for Both Revenues and EBITDA

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, today provided guidance on revenues and other financial results for the Company's third quarter ending September 30, 2007.

Revenues for the third quarter of 2007 are expected to range from $10.8 million to $11.2 million, up 18% to 23%, from revenues of $9.12 million reported in the third quarter of 2006. On a sequential basis, 2007 third-quarter revenues would be up 13% to 17% from revenues of $9.58 million reported in the second quarter ended June 30, 2007.

The Company said it expects third-quarter 2007 earnings before interest, taxes, depreciation and amortization (EBITDA(1)) between $1.15 million and $1.32 million. Compared to the reported EBITDA of $1.16 million in the third quarter of 2006, the year-over-year difference (before foreign exchange adjustments) would range from a drop of 1% to an increase of 14%. On a sequential basis, projected third-quarter 2007 EBITDA would be 18% to 35% (before foreign exchange adjustments) above the EBITDA of $974,800 reported in the second quarter ended June 30, 2007. EBIDTA, excluding non-cash expenses and gains on disposable capital assets, and neutral of foreign exchange adjustments, is expected to reach between $1.32 million to $1.50 million in the third quarter of 2007, compared to $1.18 million from a year ago, an increase of between 12 % to 26%.

As in prior quarters, the net income and EPS results are expected to be affected substantially by non-cash adjustments related to the Company's capital structure. These include quarterly revaluations of the Company's warrant liabilities, which change in value inversely to the price of its stock. For that reason, the Company believes EBITDA provides a useful tool, in conjunction with GAAP reporting, for gauging the ongoing performance of its operating units.

Creative Vistas' Chairman and CEO Sayan Navaratnam commented, "The guidance we provide today shows the continuation of robust revenue growth and consistent profitability, on an EBITDA basis, for the Company. It will represent the seventh consecutive quarter with positive EBITDA. It also will represent the seventh consecutive quarter in which we have experienced growth in revenue on a year-over-year basis. This is a testament to the strong management team and our capability to execute our operational plan while strategically positioning the business for the future. We are continuously working to evolve the business strategically by building out technologies and preparing for the launch of our branded product and service offering in 2008, Dependable Home."

For the nine months ended September 30, 2007, the Company expects revenues to range from $28.1 million to $28.6 million, up 24% to 26% from $22.7 million reported in the first nine months of 2006. It expects EBITDA, excluding non-cash items, and gains on disposal of capital items, neutral of foreign exchange adjustments for the first nine months of 2007 to range from $3.07 million to $3.25 million, compared to $2.21 million for the same period a year ago, an increase of 39% to 47%.

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.

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 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.

(1) EBITDA represents, for any relevant period, income (loss) before income taxes, depreciation of property, plant and equipment, interest expense (including amortization of debt issuance costs) and amortization of intangible assets.

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