Blue Vista Technologies Inc.

June 18, 2008 11:07 ET

Blue Vista Technologies Inc.: Press Release

TORONTO, ONTARIO--(Marketwire - June 18, 2008) - Blue Vista Technologies Inc. (TSX VENTURE:BV) announces that the merger transaction between Blue Vista Technologies Inc. (the "Company) and Tag Industries Inc. detailed in the press release of November 2, 2007, has been terminated. TAG has agreed to pay a breach fee of $25,000 in connection with the termination of the transaction.

Wayne Maddever Ph.D., P.Eng., CEO of the Company said, "While we are obviously disappointed that the transaction could not be completed, the Company is committed to search for new technologies in the waste to energy field and the environmental field for the benefit of its shareholders".

Shares Outstanding: 3,626,882

Contact Information