SOURCE: National Automation Services, Inc

November 15, 2007 09:15 ET

National Automation Services, Inc's Wholly Owned Subsidiary Announces Automation Contract at McCarran International Airport in Las Vegas

Intuitive Systems Solutions' Contract With Southwest Airlines Valued at $107,897.00 to Upgrade Controls in Main Control Room

LAS VEGAS, NV--(Marketwire - November 15, 2007) - National Automation Services, Inc (PINKSHEETS: NASV) (, and its wholly owned subsidiary Intuitive System Solutions, Inc. (ISS) are pleased to announce the signing of an agreement at McCarran International Airport to upgrade the controls for Southwest Airlines Node 8 Control Room. The Company estimates the contract value at $107,897.00 in gross revenues to ISS with a margin estimated at 35%.

The Project involves upgrading all controls within the Control Room that manages the Baggage Handling System at the main terminal for Southwest Airlines. This Project is integral to keeping the checked baggage moving through one of the busiest airports in the country.

Robert Chance, CEO of National Automation Services, Inc, in describing this agreement, stated: "This is the second project awarded to us this year for automation control improvements at McCarran International. With the volume of passengers passing through this international airport in Las Vegas, which number in the hundreds of thousands per day, automating bulk handling of the baggage is no longer a luxury, but a necessity. The Node 8 Project, which utilizes state of art automaton technology provided by ISS, reflects the commitment by the leading national airlines to insure that their customers have an uneventful experience while travelling. Our goal as a Company is to enter into multi-site service contracts with the major airlines nationwide once our network of Automation Companies across the U.S. is in place. Our second acquisition that we recently announced of Intecon Controls, will allow us to offer these specialized services to airlines serving the Phoenix market. As we continue to expand nationally, we expect to be able to offer these automation services to numerous airlines in the larger markets located throughout the United States."

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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. Since its formation in 2001, ISS has positioned itself as a leading system integrator and UL Certified panel facility. The Company has evolved to focus on two distinct lines of business. Each of these lines is linked to the foundation of the business -- integrated and automated systems controls.

The Company currently focuses on:

Industrial Automation and Control. ISS has an experienced staff of electrical and control engineers, as well as project managers, with over 80 years 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 2008. From this segment of the business, ISS is projected to realize $4 million of gross revenues in 2007 and increase the gross revenues from this division to over $21 million in the next two years. As an example of the type of services provided by ISS in this division, a major national airline utilizes ISS extensively for automation projects at Las Vegas McCarran International Airport.

Automation Manufacturing. The Company is a certified Underwriters Laboratories Panel fabrication facility. This nationally recognized regulatory body provides ISS with significant marketplace credibility for custom control panel assembly and fabrication to its clients. From this segment of the business, ISS is projected to realize $1 million of gross revenues in 2007 and increase the gross revenues from this division to over $4 million in the next two years.

NAS projects achieving gross revenues in 2007 of $4,544,094, with a net pre-tax income of $1,781,688. Through an acquisition strategy that encompasses a minimum of one major acquisition per quarter, as well as through internal growth of ISS, due to its recently granted increase in licensing capacity to $2 million per project, the Company should increase gross revenues to $25,780,972 in 2008, with net pre-tax income of $16,190,755. With a total of 40 million shares outstanding the management of the Company projects earnings per share of $0.03 in 2007 and $0.27 in 2008.

National Automation Services, Inc recently announced that its has reached an agreement to purchase Intecon Controls ("Intecon") located in Phoenix, Arizona for a combination of cash and restricted stock worth $1.75 Million. Intecon (, a 9-year-old company, specializes in engineered controls, UL Certified Panel Facility and Systems Integration that services the Arizona Industrial and Municipal Market. As part of the agreement, the current shareholders and management of Intecon, Brandon Spiker and David Marlow, who have over 50 years of combined automation and controls experience, have agreed to stay with Intecon for a minimum of two years after the closing. The closing is anticipated to occur on or before December 31, 2007.

Intecon was established by its present shareholders in 1998 and presently employs 15 engineers and staff. The company historically averages between $2.5 million and $3.5 million in gross revenues, with net profit margins of approximately 20%. NAS estimates that there are cost synergies between ISS, another wholly owned subsidiary of NAS, and Intecon of immediate savings of 15 to 20% in reduced overhead, accounting and legal costs, which should fall immediately to the bottom line of NAS on a consolidated basis. NAS anticipates doubling the revenues of Intecon in 2008 through the introduction of national clients available to NAS who have the need of localized products and services in the Phoenix market, and well as through increased marketing of Intecon services throughout Arizona.

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


    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