SOURCE: National Automation Services, Inc.

November 13, 2008 07:00 ET

National Automation Services, Inc. Will Be Filming an "Eye on America" Segment With Greg Gumbel on 18 November 2008; Also Siemens Distribution Channels Heating Up in California; S1 to SEC Ready to File

LAS VEGAS, NV--(Marketwire - November 13, 2008) - National Automation Services Inc (PINKSHEETS: NASV) (www.n-a-s-inc.com) announced today that it will be featured on a segment of the "Eye on America" television show. The show will focus on the benefits of Industrial Automation and Controls and the role it plays in modern industrial America. The shooting will occur at Pacific Environmental Resources Corp.'s Asante SPA II facility in Buckeye, Arizona (http://www.percwater.com/facilities.html) which Intecon, Inc., a National Automation Services Company provided engineering design, and services and installation of the facilities control system. The design is focused on Allen-Bradley's "Intelligent" Motor Control Centers with a DeviceNet communications link to the Main PLC, which is a state of the art system.

NAS is currently working hand in hand with the Siemens Distribution Channel in California, Walters Wholesale Electric (www.walterswholesale.com) which has 31 locations and employs over 700 in the region. NAS support of Walters in the region will involve 1-2 acquisition targets already in progress. Glenn Kriske of Walters Wholesale states, "We are very excited about the relationship with National Automation Services as it enhances the Siemens delivery to end Clients of both NAS and Walters. We are in the process of starting our first significant project with them here in S. California for a large Oil/Energy Group which is in the millions in revenue."

S1 Filing: The Auditors expect to have the verification of the S1 numbers completed by this weekend which allows the filing of the document to the SEC early next week. Shareholders will be able to see the entire S1 filing which will be posted on our Website or can be viewed on www.pinksheets.com.

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ABOUT NATIONAL AUTOMATION SERVICES, INC.

From Hand Production to Automation

Before the Industrial Revolution, virtually all goods were made by hand. With the Industrial boom of the 1900s, the automation and controls industry was born to improve the quality and reduce the costs of tedious, repetitive tasks in the industrial plants.

Immediately after World War II, computers were born, almost entirely for scientific purposes. By the early 60s, computers began to make their way rapidly into process control and production. Automated assembly lines took on more and more tasks, allowing for an increasing number of automated processes and adjustments. By eliminating tedious tasks usually performed by hand, the owners of a plant realized higher quality and more output which improved not only quality but competitiveness as well.

Today's Markets

Automation touches our lives without notice, from the food we eat, to the clothes we wear, to the building materials we use; and almost anything else we consume or come in contact with.

Accordingly, the markets of National Automation Services, Inc. are vast. They include waste/water treatment, airport security systems, bottling plants, power plants, metals, mining, breweries, food processing, tire making, textiles, plastics, and virtually all production activities.

Although there are a handful of very large automation and controls companies, the industry is highly fragmented with about 286 companies of modest size in the U.S. These companies are privately owned, local in nature, and total approximately $32 billion in annual gross sales.

A handful of larger automation companies dominate the market as they offer national, as well as worldwide, support for the Corporate and Government clients they serve. In total the automation industry in the U.S. exceeds the $400 billion mark each year, largely serviced by this handful of firms.

Where We Are Going

NAS intends to build a nationwide company through acquisitions and internal growth in this fragmented market. We believe that our growing company will retain healthy margins and produce attractive increases in earnings per share during the period of this Plan. Our estimate is that we will immediately produce cost savings of 12-15% on each acquisition, thereby driving consolidated EBITDA and earnings per share. Furthermore, NAS, by utilizing the expertise of the group, the sharing of national contracts, and proven revenue enhancement techniques, has the goal of doubling the gross sales of each acquisition in the first 12 months of the date of each acquisition.

The Company currently focuses on:

Industrial Automation and Control. NAS has an experienced staff of electrical and control engineers, as well as project managers, with 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 throughout the U.S. during 2008.

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, the ability to integrate acquired companies and technology, the ability to retain key employees, the 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