TSX Venture – Trading symbol – XX, OTC - ALXXF
TORONTO, Nov. 10, 2014 /CNW/ - Avante Logixx Inc. (the "Corporation") announced that, effective November 6, 2014, it granted, following its annual compensation review, options to acquire 322,500 common shares to certain directors of the Corporation at an option price of $0.28 subject to the terms and conditions of a Stock Option Plan approved on September 30, 2010. The options have a term of five years and vest immediately.
About Avante Logixx (www.avantelogixx.com)
Avante Logixx Inc. (TSX VENTURE: XX) is a Toronto based security and technology company. Its subsidiaries, Avante Security Inc. (www.avantesecurity.com ) and INTO-Electronics Inc., (www.into-electronics.com ) together provide best in class security response and other security services for residential and commercial and high-rise condominium applications as well as being an industry leader in designing and installing complex security systems, access control, intelligent video analytics and smart home automation. Its International Travel Security offering helps corporations protect traveling employees working abroad in medium/high risk jurisdictions and has executed travel details in over 60 countries. The company continuously develops innovative products and applications within its core competencies. Please visit our newly updated websites at www.avantelogixx.com and www.avantesecurity.com and consider joining our investor email list. Avante recently conducted a test comparing its rapid alarm response service with that of other alarm companies. For the result of this test please see www.6minuteresponse.com.
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.
SOURCE: Avante Logixx Inc.
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Avante Logixx Inc.: George Rossolatos, Co-CEO, (416) 923-6984 x221, [email protected]; Leland Verner, Chairman, (416) 823-7474, [email protected]
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