Avante Logixx Inc. Announces Repricing of Stock Options for Employees


TORONTO, Jan. 27, 2012 /CNW/ - (TSXV: XX) Avante Logixx Inc. ("Avante" or the "Corporation") is pleased to announce that at a special meeting of its shareholders held on January 26, 2012, it received the approval to re-price 3,145,000 employee stock options at $0.10 per share, with 93.7% of disinterested shareholders present and voting, in favour of the resolution as set out in the information circular dated December 19, 2011 which was distributed to the shareholders.

About Avante Logixx Inc.

Avante Logixx Inc. (TSXV: XX) is a Toronto based security and technology company. Its primary operating subsidiary, Avante Security Inc. (www.avantesecurity.com), provides best in class security response and other executive security services for residential and commercial applications as well as being an industry leader in designing and installing complex security systems, access control, and video analytics.  The company continuously develops innovative products and applications within its core competencies.  Please visit www.avantelogixx.com .

Additional information relating to Avante is available on SEDAR at www.sedar.com and on the Company's website at www.avantelogixx.com.

Please join our email list for company news at www.avantelogixx.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.

Certain statements in this release may constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties and other factors, which may cause actual results, performance or achievements of the Corporation to be materially difference from future results, performance or achievements expressed or implied by such forward-looking statements.

SOURCE Avante Logixx Inc.

For further information:

Leland Verner, Chairman, (416) 823-7474, lelandv@avantesecurity.com
George Rossolatos, Co-CEO, (416) 923-6984 x221, george@avantelogixx.com

Profil de l'entreprise

Avante Logixx Inc.

Renseignements sur cet organisme


Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .


Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.


Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.