SOURCE: CTR Investments

January 24, 2007 10:06 ET

CEO of CTR Investments & Consulting Updates Shareholders

PASADENA, MD -- (MARKET WIRE) -- January 24, 2007 -- (PINKSHEETS: CIVX) the following update is being released by CTR Investments & Consulting Inc.

I am pleased to have the opportunity to update you on CTR's progress since our last release of November 30, 2006.

We have completed the field-testing of our Visitant Justice Product and we are pleased to announce that Holloway International has ordered the first 20 units of VisiTant Justice for the installation in the offices of their clients. Visitant Justice will replace existing software already installed in the clients of Holloway International. In November we stated that we expected to roll out 30 units per quarter or 10 units a month we now expect that a minimum of 20 units per month can be maintained for the balance of 2007. This is double our original forecast.


Our senior management team has made valuable strategic decisions over the course of the last year and we are confident that, with the support and contributions of our shareholders, employees, and partners that 2007 will continue meeting our expectations.

The last three months we have met the targets set out for the company to successfully position itself for long-term growth. We are proud of our recent accomplishments.

The Future:

Looking to the immediate future, we are very encouraged with our progress and growth prospects. There are four key highlights to our business strategy:

-- Roll out of 60 VisiTant Justice Units per quarter in 2007.

-- We realize we are in need of additional funding to meet our future growth plans. We are speaking with several potential funding prospects that could help us with near term and long term funding needs.

-- Continue to Market to the Office and business sector for our VisiTant advantage product and we expect to make sales announcements shortly.

-- Continue to focus on R&D to include developing next generation products as the market demands. We have already identified some key additions to our VisiTant Line of Products that will extend our reach into complimentary markets and further into the Justice marketplace. We plan to allocate significant resources in the future to strongly pursue these developmental efforts.

-- Our customers have repeatedly asked for products and services that can improve operations and increase productivity. The company will be introducing a number of initiatives aimed at servicing the small to medium sized business market. This will significantly increase the breadth of the company's product offerings and will shift the company's focus to better serving the larger market of the small to medium sized businesses. This will include online business and education and skills training. CTR will continue to search out and invest into products that meet the needs of under serviced markets in order to generate multiple revenue streams for the company.

Financial Outlook

Based on order flow and commitments that we have received to date, we continue to project our sales for the fiscal year 2007 to be in the range of $1.5 to $3 million.

I would like to thank our shareholders for their continued support. I expect to see significant value growth in CTR Investments & Consulting for our shareholders.


Jerry Janik


CTR Investments & Consulting, Inc. provides a family of services and products used by customers in the financial, private, government and health care sectors. CTR's specialization is in identity information and data assurance, visitor management and security technologies, including comprehensive turnkey hardware and software solutions for electronic visitor management. The product suite provides fast and secure visitor registration, record keeping, reporting and badge printing. DataSafe Solution Set provides the controls needed to convert standard electronic data into legally bound electronic records while assuring its authenticity and legal status.

For further information on this release on CTR Investments & Consulting, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127.

Safe Harbor

Except for historical information, all other information provided in this news release consists of "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1935. These "forward-looking statements" are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied.

Contact Information

  • Contact:
    Rich Kaiser
    Investor Relations