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Technical Systems > News Releases |
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Creative
Vistas' Subsidiary Awarded Orders for Approximately
$450,000 in Security Projects For Leading Canadian Retailer
Wednesday January 5, 2005
WHITBY, Ontario--(BUSINESS WIRE)--Jan. 5, 2005--Creative
Vistas, Inc., (OTCBB: CVAS - News), a leading provider
of integrated electronic security and surveillance systems,
announced today that its subsidiary AC Technical Systems,
Ltd. had been awarded approximately $450,000 (Canadian)
in orders for security-related equipment and services
by a leading Canadian retailer. Under the agreement,
the Company will provide Access Control and CCTV equipment,
plus installation and related services designed to ensure
the security of two of the retailer's locations. AC
Technical has already installed security systems in
a number of other sites for this retailer and the Company
believes that the retailer could install security systems
in hundreds of other store locations.
The project has already begun and is expected to be
completed prior to the end of the second quarter. The
award represents the third high-profile installation
announced by the Company during the past two months.
Recently, AC Technical Systems announced that it was
awarded approximately $800,000 (Canadian) in orders
for new security projects for the Canadian Government
and $750,000 (Canadian) in security projects for a leading
healthcare facility.
"This high-profile installation represents an
important opportunity for AC Technical Systems,"
said Sayan Navaratnam, Chief Executive Officer of Creative
Vistas, Inc. and AC Technical Systems Ltd. "The
size and reputation of this retailer will help generate
interest in our products and services from smaller retailers
and will serve as an important reference account for
us. In addition, future opportunities at this national
company's other locations could represent a substantial
revenue opportunity."
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Creative
Vistas' Subsidiary Awarded Orders for $750,000 in Security
Projects for Leading Healthcare Facility
Monday December 20, 2004
WHITBY, Ontario--(BUSINESS WIRE)--Dec. 20, 2004--Creative
Vistas, Inc., (OTCBB: CVAS - News), a leading provider
of integrated electronic security and surveillance systems,
announced today that its subsidiary AC Technical Systems,
Ltd. had been previously awarded approximately $750,000
(Canadian) in orders for security-related equipment
and services for a leading Canadian regional healthcare
facility. Under the agreement, the Company will provide
Access Control and CCTV equipment, plus installation
and related services designed to ensure the safety of
the hospital's staff and patients.
AC Technical Systems will install the equipment in two
different facilities in the same complex. The Company
will work with designers and architects to integrate
the equipment into existing operations. The projects
started in December. The award represents the second
high-profile installation announced by the Company this
month. Earlier this month, AC Technical Systems was
awarded approximately $800,000 (Canadian) in orders
for new security projects for the Canadian Government.
"We continue to generate growing momentum in both
the public and private sector for our cutting edge security
solutions," said Sayan Navaratnam, Chief Executive
Officer of Creative Vistas, Inc. and AC Technical Systems
Ltd. "Our recent selection on several high-profile
projects demonstrates the versatility that our security
solutions offer companies and governments on a variety
of important projects."
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