December 8, 2009
Avante Signs Exclusive Distribution Agreement with AMEL ADVANCE of Saudi Arabia for Deployment of smartboxxTM
TORONTO, December 8, 2009 - Avante Security Corp. (TSXV:ASY) (“Avante” or the "Company") is pleased to announce it has signed an exclusive distribution agreement for the deployment of Avante smartboxxTM units in Saudi Arabia under a multi-phase deployment agreement with Amel Advance of Riyadh. Avante has commenced manufacturing for shipment of an initial several hundred Avante smartboxxTM wireless gateway controllers to Saudi Arabia in early 2010.
AGREEMENT AND INITIAL SHIPMENT
Under the terms of the agreement, Amel Advance (“Amel”) will act as agent and as exclusive distributor for the Company's new Avante smartboxxTM family of technologies in Saudi Arabia. Based on the extensive need for both security and energy saving products in the country as well as strong interest received regarding the innovative Avante smartboxxTM solution, Avante and Amel anticipate the potential for sales of one million units over the next five years. “The first shipment of smartboxxTM units will be in local markets by early in the first quarter of 2010 with additional shipments to follow shortly thereafter,” said Emmanuel Mounouchos, President and CEO, Avante Security Corp. "This distribution agreement is part of Avante's expanding international network for the introduction of the smartboxxTM technology outside of Canada as interest for the Avante smartboxxTM family of technologies continues to grow throughout North and South America, the Middle East and Europe.”
"We are greatly encouraged by the response to the Avante smartboxxTM solution after only a few months in the market,” added Salah Saleh, CEO of Amel Corporation. “This initial shipment is only the first of many that we anticipate over the next 12 to 18 months. The smartboxxTM communicates directly with our clients and works seamlessly with a variety of our existing and proprietary security, automation and energy management devices.”
The Avante smartboxxTM family of technologies is the latest advance in true, two-way, interactive wireless automation. The Avante smartboxxTM platform is a significant technology upgrade to the Company’s currently deployed patent-pending 724Smart WIP. This latest release includes expanded functionality with a full range of extended automation and energy management features. The Avante smartboxxTM "anywhere, anytime" remote monitoring and control technology hardware uses GSM, CDMA, SMS and GPRS networks to interact and communicate.
The Avante SmartboxxTM family of technologies includes: the Energy Manager, Energy Saver, Server Room Protection Manager, Family Help Button, Flood Protector, along with other security, automation and energy management solutions. Mobile devices interact with energy infrastructure such as electricity, gas and water metering, HVAC equipment controls and electric load management. Flood Protector Technology enables automatic shut-off of water flow immediately upon flood detection. Your home can be automatically placed in energy conservation mode when you activate your security system.
About Avante Security Corporation:
Over the past thirteen 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 exclusive client service. The 724Smart WIPTM, the Company's proprietary technology provides "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 focused on the sale of smartboxxTM worldwide for automation, energy management and personal and property security applications.
About Amel Advance:
Amel Advance is situated in the city of Riyadh, Saudi Arabia. In conjunction with Amel Corporation of Canada, Amel was recently awarded a contract with the Ministry of Defence of Saudi Arabia to build an industry-leading Naval Tactical Team Training (NTTT) simulator, making Amel the worldwide leader in the development of this technology. Amel is also incorporating its international simulation technology in the area of training with green energy, environmental protection and security and energy savings for the country of Saudi Arabia.
Further information about Avante is available on SEDAR at www.sedar.com, and on the Company’s website at www.avantesecurity.com, or contact: Leland Verner, Chairman, (416) 823-7474, email@example.com, or Emmanuel Mounouchos, President & CEO, (416)923-6984 x224, firstname.lastname@example.org.