CIVX CTR Investments and Consulting Inc New (PK)

The following update is being released by CTR Investments & Consulting, Inc�s.(OTC:CIVX) CEO: �I am pleased to have the opportunity to update you on CTR�s progress at this exciting time in the Company's history. We have completed the field-testing of our Visitant Justice Product and we are beginning our first extensive roll out of the product in to the Bail Bond sector. Our field-testing program process which included fulfillment, software collaboration, testing, and pilot programs with select groups has been an astounding success. The program has yielded significant real world results that have corresponded to better end user outcome and client cost savings. Our Bail Bond product, recently branded as � VisiTant Justice,� is now ready to fill a serious gap in the current Bail Bonds market place. As with any growing company, we encountered a few challenges throughout the year, which we have addressed. We experienced a delay in the first full field test run due to implementation of measures that will allow for a significant reduction in product cost. This delay did not impact our sales or market penetration efforts as we have established strong industry relationships and are continuing to receive product orders. With this innovative product now available for sale and distribution, we believe we will realize significant revenues as our marketing efforts increase. Accomplishments Our senior management team has made valuable strategic decisions over the course of this year and we are confident that, with the support and contributions of our shareholders, employees, and partners, we are on the verge of realizing the true potential of our products in the marketplace. The last eight months have been a period of transition for CTR, during which we have strategically positioned the company for long-term success. We are proud of our recent accomplishments, which include: -- completed the development of the company's flagship product, the VisiTant Justice, -- established a partnership with Holloway International which resulted in select Bail Bond companies to utilize our system, -- received successful results for the companies field test group of Bail bonds operations, The Future Looking to the immediate future, we are very encouraged with our progress, growth prospects and business strategy as follows: -- Roll out of 30 VisiTant Justice Units per quarter in 2007. -- We realize we are in need of additional funding to meet our future growth plans. We are speaking with several potential funding prospects that could help us with near term and long term funding needs. -- Continue to Market to the office and business sectors for our VisiTant advantage product -- Continue to focus on R&D to include developing next generation products as the market demands Financial Outlook Based on order flow and commitments that we have received to date, we are projecting our sales for the fiscal year 2007 to be in the range of $1.5 to $3 million. This number does not take into consideration any new sales in-roads from this point on. I would like to thank our shareholders for their continued support. I expect to see significant value growth in CTR Investments & Consulting for our shareholders as we begin to drive sales.� Sincerely Jerry Janik CEO For further information CTR Investments & Consulting, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127. Except for historical information, all other information provided in this news release consists of ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1935. These ``forward-looking statements'' are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied. The following update is being released by CTR Investments & Consulting, Inc's.(OTC:CIVX) CEO: "I am pleased to have the opportunity to update you on CTR's progress at this exciting time in the Company's history. We have completed the field-testing of our Visitant Justice Product and we are beginning our first extensive roll out of the product in to the Bail Bond sector. Our field-testing program process which included fulfillment, software collaboration, testing, and pilot programs with select groups has been an astounding success. The program has yielded significant real world results that have corresponded to better end user outcome and client cost savings. Our Bail Bond product, recently branded as ' VisiTant Justice,' is now ready to fill a serious gap in the current Bail Bonds market place. As with any growing company, we encountered a few challenges throughout the year, which we have addressed. We experienced a delay in the first full field test run due to implementation of measures that will allow for a significant reduction in product cost. This delay did not impact our sales or market penetration efforts as we have established strong industry relationships and are continuing to receive product orders. With this innovative product now available for sale and distribution, we believe we will realize significant revenues as our marketing efforts increase. Accomplishments Our senior management team has made valuable strategic decisions over the course of this year and we are confident that, with the support and contributions of our shareholders, employees, and partners, we are on the verge of realizing the true potential of our products in the marketplace. The last eight months have been a period of transition for CTR, during which we have strategically positioned the company for long-term success. We are proud of our recent accomplishments, which include: -- completed the development of the company's flagship product, the VisiTant Justice, -- established a partnership with Holloway International which resulted in select Bail Bond companies to utilize our system, -- received successful results for the companies field test group of Bail bonds operations, The Future Looking to the immediate future, we are very encouraged with our progress, growth prospects and business strategy as follows: -- Roll out of 30 VisiTant Justice Units per quarter in 2007. -- We realize we are in need of additional funding to meet our future growth plans. We are speaking with several potential funding prospects that could help us with near term and long term funding needs. -- Continue to Market to the office and business sectors for our VisiTant advantage product -- Continue to focus on R&D to include developing next generation products as the market demands Financial Outlook Based on order flow and commitments that we have received to date, we are projecting our sales for the fiscal year 2007 to be in the range of $1.5 to $3 million. This number does not take into consideration any new sales in-roads from this point on. I would like to thank our shareholders for their continued support. I expect to see significant value growth in CTR Investments & Consulting for our shareholders as we begin to drive sales." -0- *T Sincerely Jerry Janik CEO *T For further information CTR Investments & Consulting, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127. Except for historical information, all other information provided in this news release consists of ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1935. These ``forward-looking statements'' are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied.