Toronto, ON, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Avante Corp (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”), a global provider of technology enabled security solutions and services, is pleased to introduce its latest new services: Avante Homeworxx and Avante ToyBoxx.
Avante CEO, Emmanuel Mounouchos, commented on the launch of both services, “We are very pleased with the launch of both Homeworxx and ToyBoxx as we’ve had a great response from both existing and new clients alike. Homeworxx provides a One-Stop-Shop Service which covers an array of services that clients need for their homes including trusted and vetted trades contractors, preferred contractor pricing, home repairs, and regular home maintenance. Our ToyBoxx facility helps provide peace of mind for car owners as we go above and beyond in ensuring the safeguarding of valuable vehicles. We believe these new solutions not only help address gaps in the market but also allow us to leverage our existing networks to expand our suite of services.”
Avante Homeworxx: Elevating Luxury Home Management
Homeworxx is Avante’s new home management service which is intended to provide clients with a high level of service, offering a proactive, tailored approach to handling all of a home’s needs. Homeworxx’s customized approach is equipped to assist members in taking care of both necessary maintenance and desired improvements, saving valuable time and energy for clients. Avante’s vetted and trusted home managers are well-connected and have a vast network to accommodate anything clients may have in mind.
Homeworxx provides the following services:
- Vetted Trades and Contractor Management: Our team of experts is selected through a rigorous vetting process and background checks, ensuring high-level service and safety for your home. Overseeing quality control, scheduling service, management and coordination of contractor teams that are already contracted.
- Seasonal Maintenance & Management including Landscaping and Cleaning services: Access to respected industry professionals for seasonal property openings and closings, installation and removal of holiday lights, maintenance of your property’s sprinkler and lighting systems, and all of the other unique elements specific to client homes. Access to landscaping professionals that offer meticulous care and enhancement, ensuring the aesthetic appeal and optimal conditions of customer outdoor spaces with a personalized touch. Moreover, Homeworxx offers comprehensive premium cleaning services including housekeeping, deep cleaning, duct cleaning, power washing, window & gutters, carpet & rug, upholstery, etc.
- Home Fortification: Extra level of security to client homes by replacing windows and doors with shatterproof glass and strengthened frames, motion-activated lighting systems, emergency shutters for windows and doors, and anything else clientele require.
- Personal Concierge Services: Additional services beyond home management including personal shopping, private chefs and catering, event planning, private valet services, travel bookings, and anything else clients require.
For more information, please visit: https://www.avantesecurity.com/homeworxx
Avante ToyBoxx: Toronto’s Most Secure Auto Storage
Avante Toyboxx is a premier auto storage service tailored for automotive enthusiasts, collectors, and owners of high-value vehicles. Available in Toronto, Ontario, the service is intended to redefine vehicle storage by delivering unmatched security, climate-controlled preservation, and ultimate peace of mind. Avante’s cutting-edge facility is purpose-built to cater to exotic cars, ensuring they are maintained and protected with a non-passable crash gate. Avante provides the ideal indoor environment to preserve the integrity of valuable vehicles with advanced climate control technology that safeguards vehicles against temperature fluctuations. Furthermore, the Toyboxx storage service is also flexible for Avante clients, providing options for short-term storage while clients are away on vacation, in addition to longer-term seasonal storage.
Security is a top priority at the Toyboxx facility, which is under constant monitoring and patrol 24 hours a day, 7 days a week, 365 days a year. The facility is fortified with a state-of-the-art surveillance system and access control measures to ensure the utmost protection for the stored vehicles. Moreover, the facility's private underground location in Midtown offers maximum privacy and anonymity for client vehicles. In addition, Avante goes the extra mile by providing a valet service that includes scheduled pick-up and delivery, along with the convenience of storing winter/summer tires. This comprehensive approach to car storage helps ensure that clients can trust Avante with the safekeeping of their valuable vehicles in a secure, climate-controlled, and discreet environment.
Investor Relations
Avante is also pleased to announce that it has retained Angad Capital Inc. (“Angad Capital”) as a consultant to provide corporate strategy, capital markets advisory and investor relations services, together with such other consulting services as Avante may request from time to time. In connection with the engagement, Angad Capital and Avante have entered into a consulting agreement (the “Consulting Agreement”) for an initial term of one year commencing February 1, 2024 (subject to automatic renewals for additional one year terms, unless mutually agreed upon otherwise), whereby Angad Capital will be paid a fee of $7,000 per month, and be reimbursed for its reasonable and out-of-pocket expenses. Avante will pay for the services of Angad Capital out of immediately available funds.
Angad Capital, located in Surrey, British Columbia, was founded and owned by Pardeep Sangha, a former ranked investment equity analyst for Haywood Securities Inc. and PI Financial Corp. who specialized in covering small-cap technology companies. Angad Capital provides capital markets advisory services to early-stage technology companies including business plan formation, corporate strategy, valuation and financial modelling, acquisition advisory and investor relations.
Angad Capital is an arm’s length consultant to Avante. As of the date hereof, Angad Capital and Pardeep Sangha do not collectively, directly or indirectly, have any interest in Avante, or have any right to acquire any such securities. The appointment of Angad Capital is subject to the requisite filings with and acceptance of the TSX Venture Exchange and applicable securities laws.
About Avante Corp.
Avante Corp Inc. is a Toronto based provider of high-end security services. 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. 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.
Avante Corp.
Emmanuel Mounouchos
CEO, Chairman, and Founder
(416) 923-6984
manny@avantesecurity.com
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.
Cautionary Statement Regarding Forward Looking Information:
This press release may contain certain forward-looking information and statements (“forward-looking information”) within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation statements containing the words “believes”, “anticipates”, “plans”, “intends”, “will”, “should”, “expects”, “continue”, “estimate”, “forecasts” and other similar expressions. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to, the risk factors described under the heading “Risk and Uncertainties” in the Company’s most recent management’s discussion and analysis, a copy of which is available on the Company’s SEDAR+ profile at www.sedarplus.ca. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by applicable law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Investors are cautioned that forward-looking statements are not based on historical facts, but instead reflect the Company’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to various risks as set out herein.
The key factors that could cause actual results to differ materially from those projected in the forward-looking statements include, but are not limited to, the following: the intended benefits of the Homeworxx and ToyBoxx services; the expected provision of corporate strategy, capital markets advisory and investor relations services by Angad Capital pursuant to the Consulting Agreement; Angad Capital’s future intent to acquire securities of the Company; credit, liquidity and additional financing risks; stock market volatility; changes in the business activities, focus and plans of the Company and the timing associated therewith; changes in general economic, business and political conditions, including challenging global financial conditions; competition risks; potential conflicts of interest; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with government regulation; the risks and uncertainties associated with foreign markets; and the other risk factors more fully described under the heading “Risk and Uncertainties” in the Company’s most recent management’s discussion and analysis, a copy of which is available on the Company’s SEDAR+ profile at www.sedarplus.ca.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
For more information:
Pardeep Sangha
Investor Relations, Avante Corp.
416-923-6984
info@avantecorp.ca
