WHITBY, Ontario -- Creative Vistas, Inc., a leading provider of integrated electronic security and surveillance systems, announced 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."