Avante Logixx Inc. Announces Additions to the Management Teams of Its Subsidiaries
June 07 2021 - 7:30AM
Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the
“Company”) is pleased to announce additions and changes to the
management teams within its two subsidiaries.
Logixx Security is adding two vice presidents:
- Rowan Hamilton will be joining
Logixx Security on June 14, 2021 as Vice President, Customer Care
and Business Development reporting to Han Koren, President of
Logixx Security. With over 30 years in the security services
sector, Rowan brings extensive industry experience and a unique
perspective to Logixx’s strategy and vision. His experience
includes local and national senior leadership roles, business
retention, operations, P&L management, business strategy and
development.
- Humberto Pimentel will also be
joining Logixx on June 14, 2021 as Vice President, Operations,
reporting to Han Koren. Humberto is an accomplished security
professional with more than 25 years’ experience leading
operational compliance, process improvements and profitability for
some of the largest cash logistics/security companies in the world.
Humberto is known for his expertise in creating and optimizing
operational processes, building strong client relationships and
internal teams, and growing quality revenue.
Within Avante Security, Avante is pleased to
announce the return of Bryan Kelly to the Avante family as Vice
President of Avante Security effective May 31, 2021. ‘BK’ is a
security industry leader, widely recognized for getting things done
and making everyone around him better. Bryan’s first
responsibility will be to lead day-to-day operations at Avante
Security reporting to Craig Campbell who remains as CEO of Avante
Security in addition to CEO of Avante Logixx Inc.
Relatedly, we are announcing Geoff Reed’s
decision to resign as President of Avante Security and pursue new
career challenges. Under Geoff’s leadership, the Avante Security
team accomplished a great deal over the past two years to lay the
foundation for future growth, and deepening Avante Security’s
client-focused culture. Geoff will remain with the Company
until July 14, 2021 to assist with the transition to new leadership
and with other projects.
“We are pleased to have added three strong
security industry veterans to our leadership teams and we are
grateful to Geoff for his significant contributions to our recent
transformation,” said Craig Campbell, Chief Executive Officer of
Avante Logixx. “We look forward to continued growth and strong
customer service within both of our commercial and residential
security subsidiaries.”
This news release shall not constitute
an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities described herein in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. This news release does
not constitute an offer of securities for sale in the United
States. The securities described herein have not been, nor will
they be, registered under the United States Securities Act of 1933,
as amended, and such securities may not be offered or sold within
the United States absent registration under U.S. federal and state
securities laws or an applicable exemption from such U.S.
registration requirements.
About Avante Logixx Inc.
Avante Logixx Inc. (TSXV: XX) 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.
Please visit our website at www.avantelogixx.com and consider
joining our investor email list.
Avante Logixx Inc.
Craig CampbellCEO(416)
923-6984craig@avantelogixx.com
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. This forward-looking
information includes statements with respect to, among other
things, the intention to create a platform capable of supporting a
business with significantly greater scale, Avante’s strategic plan,
Avante’s intentions to engage in mergers and acquisitions in the
near term, Avante’s intentions to identify, acquire and integrate
suitable targets for mergers and acquisitions, the ability to
achieve operational efficiencies and provide a better overall
customer experience, Avante’s run-rate, opportunities to grow
Avante’s revenue and Adjusted EBITDA profile, investments in
corporate infrastructure, Avante’s ability to execute and integrate
larger acquisitions, and the expected trajectory of corporate costs
as a percentage of revenue. 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 ability to identify, acquire and
integrate suitable targets for mergers and acquisitions, the
ability to control corporate costs, and the list of risk factors
identified in Avante’s Management Discussion & Analysis
(MD&A), Annual Information Form (AIF) 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.
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