Creative Vistas, Inc. (OTCBB:CVAS), a leading provider of
broadband-related services and advanced video security and surveillance
solutions, today announced that it has named Dominic Burns, President of
the Company, to the additional position of Chief Executive Officer.
Sayan Navaratnam, who had been both CEO and Chairman, will remain as
Chairman.
Burns, 48, has over 20 years of experience in the security integration
industry. In 1991 he founded AC Technical Systems Ltd., which later
became one of Creative Vistas’ core business
units, and he has been president of AC Technical since then. A graduate
of Northern Ireland’s Belfast College of
Technology, Burns also held a radio and navigation license. He has an
extensive background in quality controls in the avionics industry and
has been a pioneer in transferring that industry’s
high standards and controls to the security integration market. He has
designed a number of internal technical and marketing programs to expand
AC Technical's sales and capabilities. Burns has also served on Creative
Vistas’ Board of Directors since September
2004.
In his new position, Burns will oversee Creative Vistas’
three divisions -- AC Technical, Cancable Inc., and Iview Digital Video
Solutions Inc. Among other responsibilities, he will direct Creative
Vistas’ expansion into new markets,
particularly in the U.S., and will guide the long-term integration of
the Company’s business units as they develop
new complementary product and service packages.
“I am very pleased that Dominic is taking a
wider role in this Company as its new CEO,”
said Mr. Navaratnam. “He comes to this
position with an impressive record of innovation, operational expertise
and high quality standards. Especially worth noting is his success in
building AC Technical into a leading provider of integrated video
surveillance systems. His technical and managerial skills made this
achievement possible, and they are well suited to Creative Vistas’
current strategy of growth both geographically –
particularly in the U.S. – as well as through
our product and service offerings to residential and commercial
customers,” said Mr. Navaratnam.
Burns commented, “I am excited and gratified
to be placed in this new position, working closely with Sayan to oversee
this fast-growing company. I know from my experience at AC Technical --
the historic core of Creative Vistas – that
the company already enjoys a strong reputation among high profile
customers in Canada. I see my mission as building on this base with new
offerings in new markets, but with no retreat from our commitment to
quality, second-to-none technology and reliability.”
Navaratnam, 33, joined AC Technical as CEO in 2003 and became Chairman
and CEO of Creative Vistas when the Company was organized in 2004. As
Chairman and CVAS’ most significant
shareholder, he will continue to be responsible for managing the overall
vision and growth strategy of Creative Vistas and its subsidiaries.
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.
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