Blue Vista Technologies Inc. (TSX VENTURE:BV.H) ("Blue Vista") announces that it
intends to undertake a private placement offering of up to 10 million units of
Blue Vista at a price of CDN $0.05 per unit for gross proceeds of up to CDN
$500,000. Each unit is to be comprised of one common share and one-half common
share purchase warrant, each whole warrant entitle the holder thereof to acquire
a common share for a period of one years from the date of issuance, exercisable
at a price of $0.10 per share. The proceeds of the offering will be used by Blue
Vista for general working capital purposes, including its due diligence of SKA
International Ltd., as previously announced in a press release dated November 5,
2009.


The securities issued pursuant to the placement are subject to a four-month hold
period. Completion of the private placement is subject to regulatory approval,
including satisfaction of the requirements of the NEX.


This press release includes "forward looking statements", within the meaning of
applicable securities legislation, which are based on the opinions and estimates
of management and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from
those projected in the forward looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as "seek",
"anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast",
"may", "will", "project", "predict", "potential", "targeting", "intend",
"could", "might", "should", "believe" and similar words suggesting future
outcomes or statements regarding an outlook. Due to the risks, uncertainties and
assumptions inherent in forward-looking statements, prospective investors in
securities of Blue Vista should not place undue reliance on these
forward-looking statements. The forward-looking statements contained in this
press release are made as of the date hereof and Blue Vista undertakes no
obligation to update publicly or revise any forward-looking statements contained
in this press release or in any other documents filed with Canadian securities
regulatory authorities, whether as a result of new information, future events or
otherwise, except in accordance with applicable securities laws. The
forward-looking statements contained in this press release are expressly
qualified by this cautionary statement.


Shares Outstanding: 3,905,576

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