SOURCE: National Automation Services, Inc.

National Automation Services, Inc.

June 16, 2009 12:01 ET

National Automation Services, Inc. Withdraws S-1 Registration Statement and Prioritizes Form 10 Filing

LAS VEGAS, NV--(Marketwire - June 16, 2009) - National Automation Services, Inc. (www.nasautomation.com) (PINKSHEETS: NASV) today announced that it has withdrawn the S-1 Registration Statement it filed with the SEC in December 2008. The Company has decided instead to prepare and file a Registration Statement on Form 10 in order to prioritize its objective to access the OTC Electronic Bulletin Board market as soon as possible. The Form 10 Registration Statement does not register any shares for sale by the Company or by any shareholder of the Company, but under Section 12(g)(1) of the Securities Exchange Act of 1934, the Form 10 Registration Statement would automatically become effective 60 days after filing. Upon effectiveness of its Form 10 Registration Statement, the Company intends to have its Common Stock listed on the OTC Electronic Bulletin Board.

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ABOUT NATIONAL AUTOMATION SERVICES, INC.

NAS is a small automation and controls company. 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, allowing the owners of the plant to improve not only quality but competitiveness as well.

NAS has performed services involving waste/water treatment, airport security, bottling, power plants, mining, breweries, food processing, and tire and textile manufacturing, among others. NAS intends to build a nationwide company through acquisitions and internal growth. We currently focus 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 its footprint in the U.S. through internal growth and acquisitions.

Automation Manufacturing: NAS is a certified Underwriters Laboratories panel fabrication facility, and we believe this nationally recognized certification provides NAS with significant marketplace credibility for custom control panel assembly and fabrication.

The automation industry in the U.S. exceeds $400 billion in sales, largely through a handful of large companies which offer national, as well as worldwide, support for the corporate and government clients they serve. However, the industry is highly fragmented, with about 286 companies of modest size in the U.S., privately owned and local in nature, conducting total approximately $32 billion in annual sales. In fiscal 2008 NAS had sales of approximately $3,100,000 (unaudited).

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 ability to obtain the additional working capital which NAS needs, the ability to locate suitable companies to acquire and then integrate such acquired companies, if any, the ability to retain key employees, the ability to successfully combine product offerings and customer acceptance of combined products, general market conditions, 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.
    Leah Vigil
    Marketing Manager
    2470 St. Rose Parkway, Suite 311
    Henderson, NV 89074
    Phone:(702) 487-6274
    Email: Email Contact