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TORONTO, Nov. 28, 2018 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSXV: XX) (“Avante” or the “Company”) is pleased to announce the appointment of Dan Marston as Avante’s Senior Vice President, Sales and Business Development. Dan will be responsible for the Avante Logixx group of companies’ sales teams, developing new business opportunities and creating customized technology enabled solutions for customer needs. Over the past 10 years Dan has held senior executive positions with Diebold, Securitas Electronic Security, and he was the founding partner of DFENDUS security, which he sold to his investment partners.

“I am pleased that Dan has joined the Avante team and I look forward to the leadership and experience he brings from his time in the security industry,” said Craig Campbell, CEO of Avante. “Dan is a well-known figure in the security industry with 30 years of experience. He has fostered great long-term business relationships with customers and industry leaders and brings a breadth of experience. Dan has a proven capability of championing the ‘voice of the customer’ in building and delivering solutions and I have no doubt of his ability to succeed in building Avante’s capability as a technology-enabled security solutions business.”

The Company also announces the grant of options to Mr. Marston to acquire a total 100,000 common shares of the Company at an exercise price of $2.10 per share, such options expire five years from the date of grant.

About Avante Logixx Inc.

Avante Logixx Inc. (TSXV: XX) is a Toronto based provider of technology enabled security solutions. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we are taking steps to establish a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Please visit our website at www.avantelogixx.com and consider joining our investor email list.

Avante Logixx Inc.

Forward-Looking Information

All statements in this press release, other than statements of historical fact, may constitute “forward looking information” with respect to Avante within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “planned”, “expect”, “project”, “predict”, “potential”, “targeting”, “intends”, “believe”, “potential”, and similar expressions, or describes a “goal”, or a variation of such words and phrases or state that certain actions, events or results “may”, “should”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward looking information, including, without limitation, the Company maintaining its projected growth, general economic conditions or conditions in the financial markets and the risks identified in Avante’s Management Discussion & Analysis, Annual Information Form and other continuous disclosure, which list is not exhaustive of the factors that may affect any of Avante’s forward-looking information. In connection with the forward-looking statements contained in this and subsequent press releases, Avante has made certain assumptions about its business and the industry in which it operates and has also assumed that no significant events occur outside of Avante’s normal course of business. Although management believes that the assumptions inherent in the forward-looking statements are reasonable as of the date the statements are made, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein. Avante’s forward-looking information is based on the beliefs, expectations and opinions of management on the date the statements are made, and Avante does not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, readers should not place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.