SOURCE: National Automation Services Inc

December 03, 2007 09:30 ET

National Automation Services, Inc. Announces Shareholder and Investor Conference Call Tuesday, December 4, 2007, Hosted by Company Management

Company to Discuss Internal Growth Strategy, Updates on Acquisitions, Strategic Relationships, and Move to Bulletin Board Trading

LAS VEGAS, NV--(Marketwire - December 3, 2007) - National Automation Services, Inc. (PINKSHEETS: NASV) -- ( today announced an investor conference call to be held on Tuesday, December 4, 2007 at 4:15 PM Eastern Standard Time. The Company's CEO, Robert W. Chance, will host the call. In attendance for the Company will also be Chairman of the Board, Fred Pettit.

Mr. Chance in discussing the conference call stated: "We entered into the public marketplace approximately four weeks ago, and we felt that this was the time to fully explain our overall business and growth strategy to our shareholders, strategic investors, and members of the brokerage community. We will discuss why our company has had such a high rate of rapid growth in the last 90 days, our current client base and pending bids, as well as the rationale behind our plan to acquire strategic automation control companies located in various parts of the United States, allowing us to capture their existing revenue streams while sharing national clients between geographic locations and our cost and revenue synergies for each acquisition. We believe that this call will be very informative in all aspects of our business and we will allow time for questions and answers at the end of the call."

Interested parties may hear the conference call by telephone.

To hear the conference call as it takes place: Dial 1 (800) 503 2899. The access code is 5673303.

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National Automation Services Inc is a public holding company for specialized automation control companies located in the Southwestern United States. The Company presently owns 100% of the stock in Intuitive System Solutions Inc. ("ISS") of Las Vegas, Nevada and is currently completing its second acquisition in Phoenix, Arizona of Intecon Controls, Inc.

The Company currently focuses on:

Industrial Automation and Control. With an experienced staff of electrical and control engineers, as well as project managers, with over 80 years combined experience in industrial automation and controls. The Company's business is currently focused in Nevada, Arizona and Utah, but it intends to expand through internal growth and acquisitions into California, Texas and New Mexico and other western states during 2007 and nationwide in 2008. From this segment of the business, NAS is projected to realize $7 million of gross revenues in 2007 and increase the gross revenues from this division to over $21 million in the 6 months through key acquisitions. As an example of the type of services provided in this division, a major national airline utilizes ISS extensively for automation projects at Las Vegas McCarran International Airport.

Automation Manufacturing. The Company is a certified Underwriters Laboratories Panel fabrication facility. This nationally recognized regulatory body provides NAS with significant marketplace credibility for custom control panel assembly and fabrication to its clients. From this segment of the business, NAS is projected to realize $3 million of gross revenues in 2007 and increase the gross revenues from this division to over $6 million in the next year just from ISS and Intecon alone.

NAS projects achieving gross revenues from ISS in 2007 of $2,544,094, with a net pre-tax income of $781,688 and $2.4 million from Intecon Controls with a net pre-tax of $480,345. Through an acquisition strategy that encompasses a minimum of one major acquisition per quarter, as well as through internal growth of ISS, due to its recently granted increase in licensing capacity to $2 million per project, the Company should increase gross revenues to $25,780,972 in 2008, with net pre-tax income of $16,190,755. With a total of 40 million shares outstanding the management of the Company projects earnings per share of $0.03 in 2007 and $0.27 in 2008.

FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the automation controls industry; the positioning of NAS in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether NAS can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

Contact Information


    National Automation Services, Inc
    Bob Chance
    2053 Pabco
    Henderson, NV, 89011
    (702) 642-7720

    Investor Relations Contact:
    David Donlin
    The Cervelle Group
    238 N. Westmonte Drive
    Suite 210
    Altamonte Springs, FL 32714
    (407) 475 9966