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Creative Vistas > Investor Relations > Headlines > February 15, 2008

Press Release

Creative Vistas, Inc. Announces Multi-Year Contract with Major U.S. Cable Company

Creative Vistas, Inc. today announced that it has signed a multi-year contract with one of the largest cable and media companies in the United States.

Under the terms of the contract, Creative Vistas, through its Cancable Inc. subsidiary, will perform installation, customer service and fulfillment for this multi-billion dollar cable and media conglomerate in Charlotte, North Carolina and surrounding communities, including Gastonia, Shelby, Monroe, Kannapolis, Albemarle, Salisbury, Statesville, Monroesville and Rockingham. It will be using its certified trainers to instruct local technicians in this new clients triple-play installation of video, voice and telephony services.

We are extremely pleased with the progress of our U.S. expansion efforts thus far, said Creative Vistas Chairman and CEO Sayan Navaratnam. With this new contract, we have now established service relationships with two key U.S. cable providers in two of the most significant metropolitan markets in the Southeastern U.S. As with our New Orleans contract, we will be carrying out an employee-based operation with a strong emphasis on hiring and training locally. We also expect a positive response from our new customers in the U.S. to customer-centered practices. As our Canadian customers know, we pride ourselves on ensuring the installation experience is as convenient and informative as possible.

This new relationship will represent Creative Vistas second contract this year with a major U.S. cable provider. Earlier this month, the Company reported that it had signed a two-year contract with one of the largest cable providers in the U.S. to serve customers in and around New Orleans, Louisiana. Todays new contract announcement continues Creative Vistas rapid advance into American cable markets from its base in Canada, where its Cancable Division has long-established relationships with two of that nations largest cable providers, Rogers Cable and Cogeco.

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

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