SOURCE: National Automation Services, Inc.

December 13, 2007 12:38 ET

Company Announces Preparation for Upcoming Audit Almost Complete

LAS VEGAS, NV--(Marketwire - December 13, 2007) - National Automation Services, Inc. (PINKSHEETS: NASV) (www.n-a-s-inc.com) announced in November it has retained an SEC Auditing Firm to conduct a full two-year audit of NASV's operations, which will include its subsidiaries ISS and Intecon Controls. The auditors will also audit the operations of each future acquisition which is made from this time forward as part of NASV's national expansion plan. CFO, Jonathan Woods, who will interface with the auditors, as well as oversee all financial operations at the Company, states the Company is ready.

Mr. Woods holds a Bachelor's of Science and Business Administration (B.S.B.A.) from the University of Nevada, Las Vegas, and as Corporate CFO will also serve on the Audit Committee.

Lynda R. Keeton CPA firm, a Las Vegas auditing firm specializing in small public companies, will begin the consolidated audit in January 2008, and anticipates completing the audit by the end of the first quarter in 2008. The Board of Directors approved Keeton's firm and also appointed the Audit Committee headed by Fred Petit, Chairman, to which the auditors will directly report. Simultaneous with this audit, the Company's SEC counsel will prepare a Form 10, which will be filed in order for the Company to become a fully reporting company with the SEC, and therefore qualify for a listing on the NASD Electronic Bulletin Board, with a goal of obtaining a listing on NASDAQ by the third quarter of 2008.

Robert Chance, CEO of National Automation Services, Inc., stated: "We have made a commitment to all of our shareholders, which includes the owners of each of the acquisitions we are making, to take the necessary steps to upgrade our trading status in the near term and the maximization of shareholders value. We have been looking forward to the upcoming Audit which will allow us to do just that. I also want to thank the shareholders who have participated early on and who have entrusted us with this important task; once we become a reporting Company, we will realize a significant increase in value as a Company."

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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 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 of 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. 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 McCarren 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.

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