TORONTO, April 7 /CNW/ - Avante Security Corp. (TSXV: ASY) (the
"Company") is pleased to announce it has completed an exclusive distribution
arrangement with Electro-Guardian of Panama City, Panama. Under the terms of
the arrangement, Electro-Guardian will act as agent and as exclusive
distributor for the Company's new Avante smartboxx family of technologies in
Panama. Electro-Guardian, S.A. is Panama's premier property and personal
security provider. Electro-Guardian works with numerous companies in the
telecommunications, insurance, and energy management industries, among others,
which provides a large opportunity for global sales growth.
"This latest distribution agreement is part of Avante's expanding
international network for the introduction of the smartboxx technology outside
of Canada," said Emmanuel Mounouchos, President and CEO. "The Company
continues to receive expressions of interest for the Avante smartboxx family
of technologies from parties throughout North and South America, the Middle
East and the UK. We will continue to expand our distribution network to
introduce our products to other countries across the globe."
The Avante smartboxx family of technologies is the latest advance in
true, two-way, interactive wireless automation. The Avante smartboxx platform
is a significant technology upgrade to its currently deployed patent-pending
724Smart WIP. This latest release includes expanded functionality with a full
range of extended automation and energy management features. The Avante
smartboxx "anywhere, anytime" remote monitoring and control technology
hardware uses GSM, SMS and GPRS networks to interact and communicate.
"We are very excited to join Avante's international distribution network.
We believe this product will change the property automation, security and
energy management marketplace," added Stanley Lawrence, CEO of
Electro-Guardian. "The smartboxx communicates directly with our clients and
works seamlessly with our Patriot Central Station Software." Electro-Guardian
anticipates the sale and installation of over 1,000 smartboxx units over the
next two to three years. Initial shipments and product deployment have already
begun. Additional information on Electro-Guardian S.A. can be found at
The Avante smartboxx family of technologies includes: the Energy Manager,
Server Room Protection Manager, Family Help Button, Flood Protector, along
with the complete Home Manager Solution. Mobile devices interact with energy
infrastructure such as electricity, gas and water metering, HVAC equipment
controls and electric load management. Flood Protector Technology enables
automatic shut off of water flow immediately upon flood detection. Your home
is automatically placed in energy conservation mode when you activate your
About Avante Security Corporation
Over the past thirteen years, Avante has built its reputation as
Toronto's preeminent security company by providing premium security services
through the use of advanced technology and a focus on client service.
Trademarked 724Smart WIP(TM), the Company's proprietary technologies provide
"anytime; anyplace" two-way wireless communication to any electronic device.
Originally developed for wireless security applications, the technology's open
architecture provides a platform for expanded functionality, and the Company
is now positioned to exploit the growing worldwide opportunities in energy
management and metering applications, home automation and remote video
monitoring, among others.
Additional information relating to Avante is available on SEDAR at
www.sedar.com and on the Company's website at www.avantesecurity.com.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The TSX
Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved of the
contents of this release.
For further information:
For further information: Leland Verner, Chairman, (416) 823-7474,
email@example.com; Emmanuel Mounouchos, President & CEO, (416)
923-6984 x224, firstname.lastname@example.org