SOURCE: National Automation Services Inc

December 18, 2007 09:00 ET

National Automation Services Wholly Owned Subsidiary Awarded Coyote Spring Valley Well Project

Project Worth $198,342 With a 35% Profit Margin

LAS VEGAS, NV--(Marketwire - December 18, 2007) - National Automation Services, Inc. (PINKSHEETS: NASV) (www.n-a-s-inc.com), and its wholly owned subsidiary, Intuitive Systems Solutions, Inc. ("ISS") (www.isscontrols.com), are pleased to announce that ISS has been awarded the project for Coyote Spring Valley Well and Moapa Transmission System (CSVW) to provide the instrumentation and controls to automate this municipal water facility. The project consists of programming and automating the water pumping station of the new town of Coyote Springs, Nevada. The total project price is $198,342 with a projected 35% profit margin.

This is the latest of several contracts that Intuitive Systems Solutions, Inc. has won with municipalities in and around Las Vegas, Nevada. These municipal contracts will be a large part of the continued growth of ISS and National Automation Services, Inc. in the Nevada area and throughout the United States as NAS continues its expansion strategy of acquiring small to medium-sized automation companies.

Robert Chance, CEO of National Automation Services, Inc, in announcing the contract, stated: "We are pleased to be awarded this contract with the Coyote Spring Valley Well. We anticipate that this will be the first of several municipal contracts in the greater Las Vegas area. ISS was recently awarded a contract to construct 5 arsenic removal plants in Mesquite which has value in excess of $1 million. ISS is already a leading automation controls company in Nevada, and we will garner a larger share of contracts as we continue to grow, both in Nevada and across the United States through our acquisitions."

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ABOUT NATIONAL AUTOMATION SERVICES, INC.

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. Since its formation in 2001, ISS has positioned itself as a leading system integrator and UL Certified panel facility. The Company has evolved to focus on two district lines of business. Each of these lines is linked to the foundation of the business -- integrated and automated systems controls.

The Company currently focuses on:

Industrial Automation and Control. ISS has 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 2008. As an example of the type of services provided by ISS in this division, a major national airline utilizes ISS extensively for automation projects at Las Vegas McCarren International Airport.

Automation Manufacturing. The Company is a certified Underwriters Laboratories Panel fabrication facility. This nationally recognized regulatory body provides ISS with significant marketplace credibility for custom control panel assembly and fabrication to its clients. From this segment of the business, ISS is projected to realize $1 million of gross revenues in 2007 and increase the gross revenues from this division to over $4 million in the next two years.

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

  • 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