Selected as Finalist for Canadian Business Magazine's Clean 15 CleanTech
Competition from over 700 Submissions
TORONTO, Aug. 10 /CNW/ - Avante Security Corp. (TSXV: ASY) ("Avante" or
the "Company") is pleased to announce it has been invited by the Technical
Advisory Committee of the California Energy Commission to participate in the
Public Interest Energy Research (PIER) funded investigation into the
development of the Residential Energy Gateway of the future. This research is
being undertaken in partnership with the Lawrence Berkeley National
Laboratory, UC Berkeley, California State University at Sacramento,
California's electric utilities and other electric energy entities within the
state of California.
Avante, the sole wireless-based technology participant, has been
recognized by the Committee for its innovative and non-intrusive approach to
residential and small commercial energy management. Avante is participating
along with many of the largest home energy management companies, including
Intel, Microsoft and GE, as part of this research and reference design.
"We are excited to be part of the ground floor design process for the
development of a standard for the Residential Energy Gateway for home energy
management," said Emmanuel Mounouchos, President and CEO. "Based on our many
years of experience with the deployment of the wireless smartboxx gateway for
residential and commercial automation and security with its innovative, true
two-way communication, Avante has much to contribute to the development of the
Residential Energy Gateway."
"Avante's participation in the PIER investigation and our recent
selection from over 700 submissions as one of the 15 finalists for the
Canadian Business Magazine and Drayton Weissenfels' Clean 15 CleanTech
competition, confirms that the Avante smartboxx energy management solution is
the innovative choice for energy management and conservation," continued Mr.
Avante smartboxx energy management technologies include: the Home Energy
Manager (remote, wireless temperature control), Home Energy Manager Plus
(remote wireless temperature control with home automation), and economical
one-way or two-way (GMS) demand response solutions. The smartboxx interacts
with energy infrastructure such as electricity, gas and water metering, HVAC
equipment controls and complete electric load management.
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 participate in the growing 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,
firstname.lastname@example.org; Emmanuel Mounouchos, President & CEO, (416)
923-6984 x224, email@example.com