AVANTE SECURITY CORP. ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER
TSXV TRADING SYMBOL: ASY
TORONTO, Sept. 10 /CNW/ - (TSXV: ASY) Avante Security Corp. ("Avante" or the "Corporation") is pleased to announce that, effective September 7, 2010, Raghu Sampath was appointed Chief Financial Officer of the Corporation.
Mr. Sampath is an experienced finance professional having worked more than 15 years in various service related industries, including, staffing, oilfield services and public accounting. Mr. Sampath will bring a global perspective to his role as he has worked in diverse environments over three continents.
Prior to joining Avante, Mr. Sampath spent seven years at Sapphire Technologies Canada (formerly CNC Global limited), Canada's largest IT Staffing Company where he was responsible for all finance and accounting functions of the company. Prior to Sapphire Technologies Canada, Mr. Sampath worked at MB Petroleum Group of Companies where he worked for six years as a controller in Oman, Hungary and Germany. Previously, he was with KPMG LLP in the Sultanate of Oman for three years where he was engaged in audit and assurance matters.
Mr. Sampath has a Master's degree in Accounting from Virginia Tech in the U.S.A. He also holds a Chartered Accountant designation from his native India.
Avante also announces that Gasper Santaguida will resign his position at the Corporation effective October 1, 2010 to pursue other business interests. Avante is grateful to Mr. Santaguida for his contribution and wishes him success in his future endeavors.
Avante manufactures and markets the innovative Smartboxx(TM) which provides "anytime, anywhere" true two-way communication. The company is focused on the expanded commercialization of its energy management, security and automation interactive cellular based technology for applications in the utility, property management and telecommunications markets. Customizable through a variety of plug-an-play modules, including Zigbee, the SmartBoxx(TM) is a next-generation technology for information monitoring and control services. Avante also provides premium executive security services using its innovative technologies.
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.
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.
%SEDAR: 00024271E
For further information: Emmanuel Mounouchos, Co-CEO, (416) 923-6984 x224, [email protected]; George Rossolatos, Co-CEO, (416) 923-6984 x221, [email protected]; Leland Verner, Chairman, (416) 823-7474, [email protected]
Share this article