National Automation Services, Inc. Announces New Municipal Contracts

SOURCE:

National Automation Services, Inc.

2008-08-21 12:05:00

LAS VEGAS, NV–(EMWNews – August 21, 2008) – National Automation Services, Inc.

(www.n-a-s-inc.com) (PINKSHEETS: NASV), a public holding company for

regional automation control companies, today announced that they have been

awarded three new Municipal Contracts.

The Contracts with the Town of Taylor in Navajo County, Arizona, City of

Surprise, Arizona, and Clark County Water Reclamation District in Nevada

worth an estimated $970,000.00.

The Town of Taylor Contract is for the automation of their primary

Wastewater Treatment Plant. This contract is for eleven control panels and

instrumentation that replace existing equipment. The project is on fast

track and is already in the design stage. The project includes design,

fabrication, startup and commissioning of panels and instrumentation. The

second contract with the city of Surprise is for automation of a Wastewater

Recharge Facility. The effluent of a wastewater treatment plant is pumped

into an aquifer and is naturally filtered down into a lower aquifer. The

naturally filtered water is then used as potable water. Intecon will

implement a PLC and SCADA master control system for the recharge wells. A

serial Telemetry system will be implemented as a communications backbone

for the project. The contract is for the first 5 wells and Intecon expects

to be awarded the remaining thirty wells at the completion of this initial

phase. The third contract is for Clark County Water Reclamation District

by ISS Controls of Southern Nevada, and is for the instrumentation and

controls for a new wastewater treatment facility.

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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

National Automation Services, Inc.
Bob Chance
2053 Pabco
Henderson, NV, 89011
(702) 642-7720

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