Avigilon Appoints Darren Seed to Vice President, Capital Markets & Communications

VANCOUVER, CANADA, May 24, 2016 /CNW/ - Avigilon Corporation ("Avigilon") (TSX: AVO), provider of trusted security solutions, today announced the appointment of Darren Seed to the position of Vice President, Capital Markets & Communications. Mr. Seed's primary responsibilities are to build and maintain strategic relationships with the investment community and to expand Avigilon's institutional shareholder base.  In addition to leading capital markets and investor relations ("IR") efforts, Mr. Seed is responsible for corporate communications to ensure consistent and effective messaging and increase awareness of Avigilon.

"On the heels of our 33rd consecutive quarter of year over year profitable growth, this is a great time for us to expand our capital markets and communications outreach," said Ric Leong, Avigilon's Chief Financial Officer and Senior Vice President. "With more than 18 years of experience in capital markets, technology and strategic communications, Mr. Seed is a valued addition to our management team."

For the past eight years, Mr. Seed held executive-level investor relations and communications positions for a company inter-listed on the TSX and NASDAQ stock exchanges. Mr. Seed has developed comprehensive and successful international IR programs with an international reach, resulting in significant increases and diversification in institutional shareholder ownership. Awarded "Best Investor Relations Officer – Small or Mid-Cap" by the Globe and Mail and IR Magazine Canada in 2010, Mr. Seed brings a comprehensive and established approach to Avigilon. Mr. Seed, a member of the Canadian Investor Relations Institute ("CIRI") since 2005, currently sits on CIRI's National Board of Directors.

About Avigilon

Avigilon Corporation provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions.

© 2016, Avigilon Corporation. AVIGILON and the AVIGILON logo are trademarks of Avigilon Corporation.

For further information:

Darren Seed, Vice President, Capital Markets & Communications
T: (604) 629-5182

Forward-Looking Statements

Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting: Avigilon's planned, intended, or expected IR and communications strategies and initiatives, and any corresponding outcomes, benefits and consequences thereof; any possible expansion or diversification of Avigilon's shareholder base, institutional or otherwise; and Avigilon's ability to build and maintain strategic relationships with the investment community, whether in Canada or internationally.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, assumptions that Avigilon will be able to develop and execute its IR and communications strategies and initiatives in a timely and effective fashion, and Avigilon will be able to establish and foster new and existing relationships with the international investing community.

Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Avigilon's business, as more particularly described in the "Risk Factors" section of Avigilon's Annual Information Form dated March 1, 2016, which is available under Avigilon's profile on SEDAR at www.sedar.com. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, unforeseen events, developments or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. Although Avigilon has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Avigilon. Accordingly, readers should not place undue reliance on forward-looking statements.

Avigilon undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.

SOURCE Avigilon Corporation

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