TORONTO, Sept. 16 /CNW/ - Avante Security Corp. (TSXV: ASY) (the
"Corporation") announces that, subject to regulatory approval, an aggregate of
430,000 options to acquire common shares of the Corporation were granted to
certain of its officers and employees. The options have an exercise price of
$0.40 per share and are subject to the terms and conditions of a Stock Option
Plan approved at the September 15, 2008 Annual and Special Meeting of the
Shareholders. The options have a term of five years.
About Avante Security Corp.
Over the past twelve 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, 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 ready
to exploit the growing opportunities in energy management and metering
applications, home automation, remote video monitoring, among others.
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, Phone: (416) 823-7474,