Business Services Industry

Anixter Signs Distribution Agreement With CVAS' Technology Division - Iview DVSI

Business Wire, April 10, 2006

WHITBY, Ontario -- Creative Vistas, Inc., (OTCBB:CVAS), announced today that its subsidiary Iview Digital Video Solutions Inc. (Iview DVSI) has signed a Product Distribution Agreement with Anixter Canada Inc. (Anixter) (www.anixter.ca) to distribute its Iview line of highly advanced video surveillance products and technologies to the security market.

Anixter International (www.anixter.com), with locations in 175 cities and 40 countries, is a global leader in Supply Chain Services and distribution of Wire, Cable, Communications and Physical Security Products. Anixter International adds value to the distribution process by providing its customers access to more than 185,000 products, nearly $500 million in inventory and 142 warehouses with more than 4.4 million square feet of space. Founded in 1957 and headquartered near Chicago, Anixter International trades on The New York Stock Exchange under the symbol AXE.

As part of the agreement Anixter will distribute the Iview 360 panoramic camera and Iview- 360dVR. Iview-360, a breakthrough technology for the surveillance industry, is a panoramic camera that provides a 360 degree view of an area for complete situational awareness. It also provides the user the ability to digitally zoom in on any particular region within its coverage. Iview-360 provides many virtual EPTZ (Electronic Pan Tilt Zoom) cameras to replace many conventional cameras thus significantly reducing equipment and installation costs. Iview-360 uses proprietary embedded intelligent video processing technology which enables the product to work without the requirement of a PC. Iview-360dVR is a compact Digital Video Recorder that allows the user to record, search, and playback a 360 degree view of an area captured by the Iview-360 panoramic camera. It also provides the user the ability to retroactively digitally pan tilt and zoom in on any particular region within its recorded coverage. It is an additional module to the Iview-360 panoramic camera. For further information on Iview DVSI please visit www.iviewsolutions.com

"We are extremely pleased with the successful launch of our Iview line of products. The partnership with Anixter to distribute the Iview line of products and technologies is a significant development for Iview DVSI and CVAS. Anixter provides a great network of integrators and end users who could be users of our products," said Sayan Navaratnam, Chief Executive Officer of Creative Vistas, Inc. "We continue to see a significant amount of interest in our Iview family of products and it is important to have key partners such as Anixter to accept and embrace the technology for future success."

Creative Vistas, Inc. is a leading provider of advanced security and surveillance products and solutions. It also provisions the deployment and servicing of broadband technologies to the commercial and residential market. It primarily operates through its wholly-owned subsidiaries AC Technical Systems Ltd and Iview Digital Video Solutions Inc, to provide integrated electronic security and surveillance systems and technologies. It provides its systems to various high profile clients including: Government, School Boards, Retail Outlets, Banks, and Hospitals. The Company operates through its subsidiary Cancable Inc. to provision the deployment of broadband technologies to the commercial and residential market. The Company has offices 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 or circumstances.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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