Avante Provides Corporate Update on Launch of Avante Verified in the U.S. to Revolutionize School Safety and Confirms Minimal Impact from U.S. Tariffs
04 February 2025 - 11:15PM
Avante Corp Inc. (TSX.V: XX) (OTC: ALXXF) (“
Avante” or the
“
Company”), a global provider of technology enabled security
solutions and services is proud to announce the launch of Avante
Verified in the United States with a focus on school safety. Avante
Verified is a Human-in-the-Loop remote security service that
combines advanced AI-powered threat detection from Scylla
Technologies Inc.
(“Scylla”) with expert human intervention
from Avante, delivering precise, real-time security solutions that
enhance situational awareness, reduce false alarms, and enable
rapid decision-making for organizations.
Amid the rising number of active shooter
incidents and school shootings nationwide, Avante Verified stands
out as a premier solution for U.S. school boards, offering an
essential framework to effectively safeguard students and staff.
Avante Verified is currently enhancing school safety for the
Artesia Public School Board in New Mexico, and the Company is in
discussions with additional school boards.
Emmanuel Mounouchos, Founder and Chief Executive
Officer of Avante, commented, “The launch of Avante Verified USA
Inc. marks a pivotal moment in our mission to safeguard communities
through our AI-driven security solutions. We are honored to partner
with the APSB to ensure their schools are not only equipped to
respond to immediate threats but also empowered to proactively
prevent potential dangers. We are confident in the unparalleled
effectiveness of our solution to safeguard students and staff, and
we look forward to partnering with more school boards to enhance
safety nationwide.”
Avante Verified integrates state-of-the-art AI
technology with real-time human oversight to ensure accuracy and
rapid response. Utilizing Scylla’s AI weapons detection and EAGL
gunshot detection to identify threats that are then validated by
Avante’s expert monitoring team to confirm any activate emergency
protocols, including law enforcement notifications, facility
lockdowns, and coordination with school administrators. The team
also provides continuous support, offering real-time updates to
first responders and school officials for a unified, effective
response. Additionally, Avante Verified aligns with the National
Fire Protection Association (NFPA) 3000 Standard for an Active
Shooter/Hostile Event Response (ASHER) Program, a foundational
framework being implemented by schoolboards nationwide to prepare,
respond, and recover from such incidents.
Scott Simer, Facility Director for Artesia
Public Schools, commented, “The loss of even one student is
unimaginable. Avante Verified provides us a comprehensive security
framework that enhances our ability to protect students and staff,
ensuring their safety is constantly being monitored while they’re
on campus.”
Avante Verified is now available nationwide
across the U.S. through the newly established subsidiary, Avante
Verified USA Inc. The Company is actively engaging with additional
school districts to expand the reach of this critical safety
solution.
Update on U.S. Tariffs
The Company also addressed the potential impact
of newly announced U.S. tariffs, stating that the measures will
have minimal impact on its operations. As a provider of
technology-enabled security solutions, Avante does not ship
physical goods across the U.S.-Canada border. Additionally, the
Company remains well-positioned should trade policies expand to
include services, as the majority of its revenue is generated
outside of the United States. Avante Verified USA Inc. operates
domestically, serving customers exclusively within the U.S.
About Avante Corp.
Avante Corp Inc. is a Toronto based leading
provider of security operatives and technology enabled security
solutions to residential and commercial clients. Avante’s mission
is to deliver an elevated level of security globally, with
white-glove mentality to high- net-worth families and corporations
alike, through advanced solutions and methods of detecting
conditions that require immediate response. The Company has
developed a diversified security platform that leverages advanced
technology solutions to provide a superior level of security
services. With an experienced team and proven track record of solid
growth, Avante is taking steps to establish a broad portfolio of
security businesses and solutions for its customers through organic
growth complemented by strategic acquisitions. Avante acquires,
manages and builds industry leading businesses which provide
specialized, mission-critical solutions that address the security
risks of its clients. Avante is listed on the TSX Venture Exchange
under the ticker “XX”. For more information, please visit
www.avantecorp.ca and consider joining our investor email list.
Forward-Looking
Statements
This news release may contain “Forward-Looking
Information” within the meaning of applicable Canadian securities
laws. Forward-Looking Information are necessarily based upon a
number of estimates and assumptions that, while considered
reasonable by management, are inherently subject to significant
business, economic and competitive uncertainties, and
contingencies. Forward-Looking Information generally can be
identified by the use of forward-looking words such as “may”,
“should”, “will”, “could”, “intend”, “estimate”, “plan”,
“anticipate”, “expect”, “believe” or “continue”, or the negative
thereof or similar variations. Forward-Looking Information involve
known and unknown risks, uncertainties and other factors that may
cause future results, performance, or achievements to be materially
different from the estimated future results, performance or
achievements expressed or implied by the Forward-Looking
Information and the Forward-Looking Information are not guarantees
of future performance. Avante’s comments expressed or implied by
such Forward-Looking Information are subject to a number of risks,
uncertainties, and conditions, many of which are outside of
Avante‘s control, and undue reliance should not be placed on such
information. Forward-Looking Information are qualified in their
entirety by inherent risks and uncertainties, including: direct and
indirect material adverse effects from adverse market conditions;
that future results may vary from historical results; that market
competition may affect the business, results and financial
condition of Avante and other risk factors identified in documents
filed by Avante under its profile at www.sedarplus.ca, including
its most recent Annual Information Form and its most recent
Management, Discussion and Analysis. Except as required by
securities law, Avante does not assume any obligation to update or
revise any forward-looking information, whether as a result of new
information, events or otherwise.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
For further information:
Emmanuel MounouchosCEO, Chairman, and
FounderAvante Corp.(416) 923-6984manny@avantesecurity.com
Pardeep SanghaInvestor
Relations604-572-6392pardeep@angadcapital.com
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