Business Services Industry

Rogers Cable and CVAS Subsidiary Sign Significant Three Year Agreement

Business Wire, Feb 15, 2006

WHITBY, Ontario -- Creative Vistas, Inc., (OTCBB:CVAS) announced today that its subsidiary Cancable Inc. has executed a Master Installation and Service Agreement using Rogers FSMS technology with Rogers Cable Communications Inc. (Rogers Cable). Rogers Cable (www.rogers.com) is Canada's largest cable television provider offering cable television, high-speed Internet access, telephony and data networking services and video retailing. Cancable Inc. provisions the deployment of broadband technologies to the commercial and residential market.

The agreement covers the period from September 1, 2005 until August 31, 2008. The agreement outlines the terms and conditions under which Cancable will continue to provide its services to Rogers Cable. Over the past three years Cancable Inc. has increased its revenue from Rogers Cable significantly.

"We continue to see strong demand for Cancable's services within the broadband services deployment sector and being able to execute this contract with Rogers Cable and strengthen the long term relationship is a significant milestone for Cancable Inc. and CVAS," said Sayan Navaratnam, CEO of Creative Vistas, Inc.

Cancable Inc. is the largest supplier of contracted broad band provisioning installation services to Rogers Cable in the Greater Toronto Area. Rogers Cable has launched an aggressive marketing program to deploy Rogers' bundle of broadband and communication services this year. Cancable Inc. will provide provisioning and installation for Rogers Cable services including Personal Cable, Rogers Home Phone, Yahoo High Speed Internet and Digital Cable.

"We are pleased to continue our long term relationship with Rogers Cable, the confirmation of this relationship is very important to help insure a steady revenue stream for us over the next three years," said Ross Jepson, President and CEO of Cancable Inc.

Further information regarding Cancable Inc can be found at: www.cancable.com and www.dependableit.com

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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