BV.H

Blue Vista Technologies Inc. (TSX VENTURE:BV.H) ("Blue Vista") is pleased to
announce that further to its press release dated February 3, 2010 announcing a
proposed private placement of up to 10,000,000 units of the Company, it has
completed the first tranche consisting of 1,710,000 units at a price of $0.05
per unit for gross proceeds of $85,500. Each unit is comprised of one common
share and one half of one common share purchase warrant, each whole warrant
entitling the holder thereof to acquire a common share for a period of one year
from the date of issuance, exercisable at a price of $0.10 per share.


The securities issued are subject to a four month hold period, expiring on July
30, 2010. 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.

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